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KPI Green Energy reports strong FY26 growth on capacity expansion
KPI Green Energy Limited has reported strong financial performance for the quarter and fiscal year ended March 31, 2026, supported by capacity additions and execution across its renewable energy portfolio. The company released its investor presentation with key performance highlights, indicating year-on-year growth across major financial metrics. For FY26, consolidated total income increased 56% to…
PGCIL to merge 17 TBCB subsidiaries into two entities
Power Grid Corporation of India Limited (PGCIL) has proposed the merger of 17 Inter-State Transmission System (ISTS) subsidiaries, set up under the Tariff Based Competitive Bidding (TBCB) route, into two existing TBCB subsidiaries. Under Part 1 of the plan, five subsidiaries will be amalgamated into Vataman Transmission Limited. These include: Bhadla III Transmission Limited Ramgarh…
India | Generation | NewsEAC clears Adani’s 1,200 MW pumped storage project in Uttar Pradesh
The Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects has recommended granting Terms of Reference (ToR) for the proposed 1,200 MW Cherue Pumped Storage Project in Sonbhadra district, Uttar Pradesh. Adani Hydro Energy Six Limited will develop the project. The recommendation was made at the committee’s 49th meeting in February 2026, allowing the…
Avaada to build 3,650 MW pumped hydro projects in Maharashtra
Avaada Group has signed a memorandum of understanding (MoU) with the Water Resources Department of Maharashtra to develop two pumped storage hydro projects (PSHPs) with a combined capacity of 3,650 MW. The projects include the 2,400 MW Pawana Falyan pumped storage project and the 1,200 MW Sirsala project. Together, they are expected to attract investment…
Digital growth must not outpace sustainability goals, says Qatar-backed report
A report backed by Invest Qatar and Iberdrola Innovation Middle East warns that unless clean energy investment keeps pace, digitalisation could strain power grids and delay net zero transitions. Data centres consumed 1.5% of global electricity in 2024, with demand rising 12% annually since 2017. By 2030, their consumption is projected to double to 945…
India | Generation | NewsAdani Group commences work on 570 MW Wangchhu project
Adani Group Chairman Gautam Adani announced key milestones in the Group’s energy partnership with Bhutan during a recent visit to the country. In a social media post, Mr. Adani stated that a Memorandum of Understanding (MoU) was signed for the development of 5,000 MW of hydropower capacity. Concurrently, the 570 MW Wangchhu Hydro Electricity Project…
