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SWREL posts strong 9M FY26 growth, raises order inflow outlook
Sterling and Wilson Renewable Energy Limited (SWREL) has reported strong revenue and operating performance for the third quarter of FY26 and raised its full year order inflow guidance to over Rs 11,000 crore, citing sustained demand in the renewable energy market. The Board of Directors approved the unaudited standalone and consolidated financial results at a…
Avangrid and Invenergy secure Gulf of Maine offshore wind leases
Avangrid Renewables and Invenergy NE Offshore Wind have won two lease areas each in the Gulf of Maine through a US government-led offshore wind lease sale conducted by the Bureau of Ocean Energy Management (BOEM). This sale marks the sixth offshore wind lease under the Biden-Harris administration and the first for commercial floating offshore wind…
WAPCOS to carry pumped storage project analysis in UP
WAPCOS Limited has been awarded a Letter of Award (LoA) worth Rs 2.3 million for consultancy services to analyze potential pumped storage project (PSP) sites in Uttar Pradesh. The contract follows the Request for Proposal (RfP) issued by Invest UP (formerly Udyog Bandhu) in July 2024. The analysis will cover PSP sites in Chitrakoot Dham,…
Power Ministry proposes credit trading under CAFE norms for automakers
The Ministry of Power has issued a draft notification proposing amendments to India’s Corporate Average Fuel Efficiency (CAFE) norms, introducing a credit-based compliance mechanism for passenger vehicle manufacturers. The draft, published in the Gazette of India, invites objections and suggestions from stakeholders within 14 days. The proposed amendments seek to operationalise provisions that have remained…
Scatec achieves financial close for South Africa’s 103 MW Mogobe BESS
Scatec has reached financial close for its 103 MW/412 MWh Mogobe battery energy storage system (BESS) in South Africa. The project, Africa’s first and largest standalone dispatchable BESS, is set to begin construction near Kathu in the Northern Cape. Scatec holds a 51% equity share, with Perpetua Mogobe (RF) owning 46.5%, and the Mogobe Local…
Operations begin at Rehar-I hydro project in Chhattisgarh
Chhattisgarh Hydro Power LLP, a wholly-owned subsidiary of Sarda Energy and Minerals Limited, has commenced commercial operations at the Rehar-I Small Hydro Power Project (SHEP) in Chhattisgarh. The plant was commissioned on July 8, 2025. The project has a total capacity of 24.9 MW and comprises three units of 8.3 MW each. It has been…
