India JSW Neo Energy completes Tidong hydro acquisition JSW Neo Energy Limited has completed the acquisition of Tidong Power Generation Private Limited from Statkraft IH Holding AS on January 29, 2026. The transaction was valued at approximately Rs 1,728 crore and closed after regulatory approvals. Tidong Power is developing a 150 MW run of river…
India GE Vernova, L&T and Bondada report strong Q3 FY26 performance GE Vernova T&D India Limited, Larsen and Toubro Limited and Bondada Engineering Limited reported strong quarterly performance, supported by higher order inflows, improved execution and margin expansion. GE Vernova T&D India recorded a 58% year on year rise in revenue to Rs 17.0 billion…
India IOC plans Rs 1 lakh crore investment for 18 GW green energy by 2030 Indian Oil Corporation Ltd. plans to invest around Rs 1 lakh crore to build an 18 GW green energy portfolio by 2030. The company aims to acquire up to 12 GW of renewable capacity and develop another 6 GW organically…
India POWERGRID promotes twelve officials to Executive Director roles Power Grid Corporation of India Limited has promoted twelve senior officials to Executive Director roles, effective 25 January 2026, following board approval on the same date. The appointees are classified as Senior Management Personnel, one level below the Board. Key appointments include Abhinav Verma for Rajasthan…
India Saatvik subsidiary wins Rs 10.15 crore solar module supply order Saatvik Green Energy Limited informed exchanges on January 22, 2026 that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a Rs 10.15 crore supply order. The order was placed by a domestic Independent Power Producer and Engineering, Procurement and Construction…
India NHPC synchronises second 250 MW unit of Subansiri Lower HEP NHPC Limited has synchronised Unit–3, a 250 MW generating unit of the Subansiri Lower Hydroelectric Project, with the National Grid at 9:00 PM on 21 January 2026. The project Chairman and Managing Director acknowledged support from the Ministry of Power, the Governments of Arunachal…
India Pace Digitek unit secures Rs 94 crore BSNL battery order Pace Digitek Limited said its subsidiary, Lineage Power Private Limited, has received an advance purchase order worth Rs 94.35 crore from Bharat Sanchar Nigam Limited (BSNL). The disclosure was made in a regulatory filing dated 20 January 2026. The order includes supply, installation, and…
India Waaree group adds eight IPP-focused step-down subsidiaries Waaree Energies Limited disclosed the incorporation of eight wholly owned subsidiaries through its step-down arm, Waaree Forever Energies Private Limited. The entities were incorporated between January 13 and January 15, 2026, to hold specific independent power producer projects. Each subsidiary has been created solely for individual IPP…
India SECI, NDMC sign MoU to solarise 244 civic buildings in Delhi The Solar Energy Corporation of India and the New Delhi Municipal Council have signed a Memorandum of Understanding to install solar power systems on around 244 civic buildings in Delhi. The MoU was exchanged in the presence of NDMC Chairman Sh. Keshav Chandra,…
India L&T wins contract for 3,000 MW Saidongar pumped storage project Larsen and Toubro Limited has secured a large contract from Torrent Energy Storage Solutions Private Limited for the 3,000 MW Saidongar-1 Pumped Storage Project in Raigad, Maharashtra. The order has been awarded to L&T’s Heavy Civil Infrastructure business vertical and covers design, engineering, and…