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AGEL sets up Adani Ecogen Five subsidiary for new renewable projects
Adani Green Energy Limited (AGEL) has created a new step-down subsidiary named Adani Ecogen Five Limited (AE5L) to focus on renewable power generation. The development was reported to stock exchanges through a regulatory filing dated 02 January 2026. In its filing to BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE), AGEL…
IEX reports 16% YoY growth in electricity trading for November 2024
The Indian Energy Exchange (IEX) recorded a 16% year-on-year increase in electricity traded volume, reaching 9,689 MU in November 2024. This growth was supported by increased market participation and competitive pricing. The Day-Ahead Market (DAM) traded 5,651 MU, marking a 9.8% YoY increase, while the Real-Time Market (RTM) achieved 3,019 MU, reflecting a 28% YoY…
CEA issues draft meter regulation amendments
The Central Electricity Authority (CEA) has released draft amendments to the Installation and Operation of Meters Regulations, 2006, and invited stakeholder comments. The Draft Central Electricity Authority (Installation and Operation of Meters) Amendment Regulations, 2026, were published on the CEA website, with submissions due by March 26, 2026. The amendments are proposed under powers granted…
CCI approves JSW Neo Energy’s acquisition of 4,696 MW RE assets from O2 Power
The Competition Commission of India (CCI) has approved JSW Neo Energy Private Limited’s acquisition of 4,696 MW renewable energy projects from O2 Power Private Limited. JSW Neo Energy is a wholly owned subsidiary of JSW Energy Limited (JSWEL). Under the deal, JSWEL will acquire the renewable energy platform of O2 Power Pooling Pte. Limited, including…
India | Generation | NewsBHEL receives LNTP for 800 MW Durgapur thermal project
Bharat Heavy Electricals Limited (BHEL) has received a Limited Notice to Proceed (LNTP) from Damodar Valley Corporation (DVC), Kolkata, for the main plant package of the 1×800 MW Durgapur supercritical thermal power station, according to a regulatory filing. The LNTP was issued on June 10, 2026, and enables BHEL to begin advance engineering activities and…
NTPC Green Energy forms JV with UPRVUNL
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has partnered with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to create a joint venture (JV) for renewable energy parks and projects. NGEL holds a 51% stake, subscribing to 51,000 equity shares at Rs 10 each, while UPRVUNL retains 49%. The JV will focus…
