Bharat Heavy Electricals Limited (BHEL) has reported a sharp year on year improvement across key financial metrics for the quarter ended December 31, 2025. The unaudited results were approved by the board on January 19, 2026. For Q3 FY 2025–26, BHEL posted standalone revenue from operations of Rs 8,473 crore, up 16.4% from Rs 7,277 crore in the corresponding quarter last year. Net profit for the quarter rose to Rs 390 crore, compared to Rs…
India’s power sector has transitioned from addressing chronic shortages to managing a complex landscape of over-capacity, urban distribution challenges, and a large industrial self-generation fleet, according to official data. Recent reports from the Central Electricity Authority (CEA) indicate the national priority is shifting from simply adding generation capacity to optimising utilisation and integrating diverse energy sources. The Central Electricity Authority (CEA), in its reports All India Electricity Statistics – General Review and Growth of Electricity…
MTAR Technologies Limited has secured an order valued at Rs 3.10 billion from Megha Engineering and Infrastructures Limited (MEL) for the supply of equipment for the Kaiga nuclear power project units 5 and 6. The contract covers the manufacture and supply of critical equipment for the two civil nuclear reactor units. Deliveries will be executed in a staggered manner and are scheduled to continue until February 2030. With this order, MTAR Technologies’ cumulative order inflows…
Tata Power outlined its medium-term growth strategy at its Analyst Meet held on 15 December 2025, with a focus on clean and green energy, transmission, distribution, and emerging technologies. The company said it is targeting a total operational capacity of 30 GW by FY30, of which 20 GW is planned from clean and green sources such as renewable energy, hydro, and pumped storage projects. The roadmap is aligned with India’s target of 500 GW non-fossil…
Sri Lanka has secured a 100 million dollar policy loan from the Asian Development Bank (ADB) to advance reforms under the Power Sector Reforms and Financial Sustainability Program. The funding supports the unbundling of the Ceylon Electricity Board (CEB) under the 2024 Electricity Act and its 2025 amendment. The reforms aim to create separate entities for generation, transmission, system operation and distribution, introduce cost reflective tariffs and implement a clear debt restructuring plan. CEB carries…
REC Limited has promoted Shri Hemant Kumar to Executive Director with effect from 02 December 2025. The company announced the elevation in a filing to the stock exchanges. Shri Kumar previously served as Chief General Manager of Finance and Accounts. He holds a Master’s degree in Finance and a Bachelor’s degree in Science with Physics Honours. The new role places him one level below the Board. REC said the appointment is an internal promotion and…
NLC India Limited has named Shri Rajesh Pratap Singh Sisodia as its Director of Planning and Projects, with effect from 02 December 2025. He took charge at the company’s Neyveli headquarters. Shri Sisodia brings more than 35 years of experience, largely from Bharat Heavy Electricals Limited, where he last served as Executive Director. His background covers design, site construction, and project management for major EPC projects across the power and industrial sectors. In his new…
The Ministry of Power has introduced a new system to settle contractual disputes in power projects executed by Central Public Sector Undertakings and statutory bodies under its oversight. The framework seeks to reduce delays in dispute resolution that often raise project costs and slow construction. The centrepiece of the reform is the creation of Conciliation Committees of Independent Experts. These committees offer an alternative to arbitration and court proceedings, which can be slow and expensive….
The Ministry of Power has advanced work on a national DPI for the energy sector through a meeting of the India Energy Stack Taskforce on November 24. The group reviewed key strategy and architecture documents that will guide the creation of a unified digital backbone for the full power value chain. The meeting examined the draft Strategy Document version 0.1 and the Architecture Document version 0.1. REC Limited is the Nodal Agency for the effort,…
Power Finance Corporation (PFC) reported a consolidated net profit of Rs 44.60 billion for Q2 FY2025-26, an increase of 2.06% from Rs 43.70 billion in the same quarter last year. Revenue rose 11.82% year-on-year to Rs 147.60 billion, compared to Rs 132.00 billion in Q2 FY2024-25. The results were approved by the company’s Board of Directors on November 7, 2025. The growth reflects PFC’s continued loan book expansion and efficient cost management within the power…