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UPPCL to levy 10% fuel surcharge on June 2026 electricity bills
Uttar Pradesh Power Corporation Limited (UPPCL) will impose a Fuel and Power Purchase Adjustment Surcharge (FPPAS) of 10% on electricity bills in June 2026 for all categories of consumers. The surcharge has been introduced in line with the Uttar Pradesh Electricity Regulatory Commission (UPERC) Multi Year Tariff (MYT) for Distribution Regulations, 2025. In a circular…
Nexif Ratch secures financial close for Philippines solar project
Nexif Ratch Energy has announced the financial close of its 145 MWp Bacolod solar power project, its second solar venture in the Philippines. The ground-mounted project, located across Bacolod City and Bago City in Negros Occidental province, will provide clean energy to approximately 52,600 households. The project will connect to the National Grid Corporation of…
India | Generation | NewsBHEL signs pact with E2S for excitation systems
Bharat Heavy Electricals Limited (BHEL) has signed a Technology Collaboration Agreement with E2S Company Limited of South Korea for static and brushless excitation systems for synchronous machines, the state-owned power equipment manufacturer disclosed to BSE and NSE on April 9, 2026. The agreement covers Static Excitation Systems (SEE) and Brushless Excitation Systems equipped with automatic…
Voltamp Transformers FY26 revenue hits record Rs 2,153.69 crore
Voltamp Transformers Limited reported its highest-ever annual revenue for the financial year ended March 31, 2026, while profitability declined due to margin pressures and one-time provisions in the fourth quarter. Revenue from operations rose 11.34% year-on-year (YoY) to Rs 2,153.69 crore. Full-year operating profit stood at Rs 344.21 crore, down 3% from Rs 356.11 crore…
CIL solar capex rises to Rs 961 crore by January 2026
Coal India Limited (CIL) has reported capital expenditure of Rs 961 crore on solar energy projects as of January 2026, marking a 2.33 times increase over the corresponding period last year. The company achieved 132% of its progressive target of Rs 729 crore for the period and exceeded its full-year solar capex target of Rs…
Ireland’s EirGrid awards contracts for renewables integration technologies
Ireland’s electricity grid operator, EirGrid, has awarded contracts for the deployment of synchronous condensers to support the integration of renewable energy and maintain grid stability as Ireland transitions to cleaner energy sources. These contracts for low carbon inertia services (LCIS) will help balance the grid by providing 6,963 MVA of synchronous inertia, reactive power support,…
