India REMC awards 1 GW RTC tender at uniform tariff of Rs 4.35 per kWh REMC Limited has awarded its 1 GW round the clock renewable energy tender at a uniform tariff of Rs 4.35 per kWh. The bidding process started in August 2025 and drew nine participants. ACME Solar Holdings secured the full 1,000 MW. ReNew Power and Bhalki Solar Power won 200 MW each, while Purvah Green Power received 180 MW, Jindal Green…
India Uttar Pradesh releases long term energy and renewable roadmap for 2047 Uttar Pradesh has issued its Energy and Renewable Vision 2047 with a target to meet 40 to 50 percent of its energy demand from renewable sources by 2047. The plan focuses on clean, reliable, and affordable power. It proposes new solar parks, floating solar projects, hybrid systems, and bioenergy units, along with wider EV charging and advanced storage. It also highlights decentralized supply,…
India Tata Power commissions NHPC’s 300 MW solar project in Rajasthan Tata Power Renewable Energy Limited has completed NHPC Limited 450 MWp DC or 300 MW AC solar project at Karnisar Bhatiyan in Bikaner. The company executed the work as the EPC contractor and brought the project online after two and a half years. The project uses DCR compliant modules and supplies all power to Punjab State Power Corporation Limited. It is expected to generate…
India CEA pushes national standard for DT design and maintenance The Central Electricity Authority held a meeting to push national standardisation of distribution transformer design and maintenance. Officials noted that failure rates average about 10 per cent, which equals nearly 1.3 million failures each year. Performance varies sharply across states, with some northern utilities above 20 per cent while Tata Power DDL and CESC operate below 0.5 per cent. IEEMA said moisture ingress accounts for…
India Adani unit takes charge of Rajasthan Part I HVDC project AESL Projects Limited has taken over all responsibilities for the Rajasthan Part I Power Transmission Limited HVDC project through a novation agreement signed on November 14, 2025. The move transfers all rights and duties for the link that will move renewable energy from Rajasthan and Uttar Pradesh to the Adani Energy Solutions subsidiary. The project covers the design and execution of an HVDC link…
India PXIL appoints Vivek Singla as Managing Director and CEO Power Exchange India Limited has appointed Vivek Singla as its Managing Director and Chief Executive Officer. Singla has over 35 years of experience in the power sector, covering generation, transmission, distribution, renewables, and green hydrogen. An alumnus of Delhi Institute of Technology, FMS Delhi University, and ISB Hyderabad, he is known for leadership in business transformation and deal structuring. Before joining PXIL, he served as…
India Waaree Renewable Technologies expands EPC contract by Rs 27.22 crore Waaree Renewable Technologies Ltd. has expanded the value of its existing engineering, procurement, and construction (EPC) contract for a 980 MWp / 700 MWac solar project by Rs 27.22 crore. The company received formal confirmation of the enhancement on November 10, 2025. With this revision, the total contract value now stands at Rs 1,017.82 crore, including taxes. The scope expansion applies to an ongoing…
India PFC, Schneider Electric, and KPI Green announce Q2 FY2025-26 results Power Finance Corporation (PFC) reported a consolidated net profit of Rs 44.60 billion for Q2 FY2025-26, up 2.06% from Rs 43.70 billion a year earlier. Revenue rose 11.82% to Rs 147.60 billion, supported by loan book expansion and cost efficiency. The results were approved by the board on November 7, 2025. Schneider Electric India’s net profit declined 3.5% year-on-year to Rs 52.3 crore, though…
India BHEL secures Rs 6,650 crore EPC order for Darlipali Stage-II project Bharat Heavy Electricals Limited (BHEL) has secured an engineering, procurement, and construction (EPC) order worth over Rs 6,650 crore from NTPC Limited for the 1×800 MW Darlipali Supercritical Thermal Power Project Stage-II in Odisha. The contract, awarded through international competitive bidding, covers design, engineering, equipment supply, erection, commissioning, and civil works. Completion is scheduled within 48 months. Pahal Solar announces 112 MW solar…
India INOX India, Suzlon Energy, and ACME Solar report Q2 FY26 results INOX India Ltd reported a 16% year-on-year revenue increase to Rs 371 crore in Q2 FY26, with EBITDA rising 18% to Rs 92 crore and profit after tax up 22.9% to Rs 62 crore. Export revenue stood at Rs 211 crore, contributing 57% to total income. For the first half of FY26, revenue reached Rs 723 crore, up 16.3%, with EBITDA at Rs…