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PFC-REC merger gets presidential nod

Power Finance Corporation Limited (PFC) and REC Limited have received the approval of the Hon’ble President of India for the proposed merger of REC into PFC, according to regulatory filings made by both companies. The Ministry of Power, through a...

Marsons wins Rs 33 crore transformer order for NTPC RE project

Marsons Limited has received an order worth Rs 33.19 crore, including GST, from Vikran Engineering Limited for the supply of inverter duty transformers for an NTPC Renewable Energy project, according to a regulatory filing. The order includes 17.6...

POWERGRID approves Rs 485 crore SCADA upgrade, JPY 80 bn loan

Power Grid Corporation of India Limited (POWERGRID) has approved a Rs 485.04 crore project for the upgrade of supervisory control and data acquisition (SCADA) systems at its National Transmission Asset Management Centre (NTAMC) and Regional...

Marsons secures Rs 9.48 crore transformer repair order from WBSETCL

Marsons Limited has received a work order from West Bengal State Electricity Transmission Company Limited (WBSETCL) for the repair, inspection, and testing of 50 MVA, 132/33 kV power transformers, including to-and-fro transportation. The contract is...

IntelliSmart acquisition to make Adani Energy Solutions India’s biggest smart metering platform

Adani Energy Solutions Limited (AESL) has signed a binding securities purchase and subscription agreement to acquire a 100% equity stake in IntelliSmart Infrastructure Private Limited for a total consideration of Rs 3,050 crore. The transaction...

Quality Power signs term sheet to acquire WSIL for Rs 315 crore

Quality Power Electrical Equipments Limited has executed a term sheet to acquire 100% of the equity share capital of Winwin Speciality Insulators Limited (WSIL), a Visakhapatnam-based manufacturer of high-voltage ceramic and polymeric insulators. The...

KPTCL begins shift to biodegradable ester oil in transformers

The Karnataka Power Transmission Corporation Limited (KPTCL) has initiated the transition from conventional mineral oil to biodegradable natural ester oil in its high-voltage transformer network. According to KPTCL, the move is intended to improve...

Bajaj Electricals to enter cables business

Bajaj Electricals Limited has decided to enter the cables category as a new business line under its existing Lighting Solutions segment, according to a stock exchange filing dated June 4, 2026. The company said the decision was driven by growing...

CG Power commissions new EHV switchgear plant in Nashik

CG Power and Industrial Solutions Limited has commissioned a new extra high-voltage (EHV) switchgear manufacturing facility at Pimpalgaon Garudeshwar in Nashik, Maharashtra, as part of its capacity expansion strategy. The new plant, designated S3...

POWERGRID commissions Gujarat ISTS transmission expansion project

Power Grid Corporation of India Limited (POWERGRID) has commissioned the “Transmission Network Expansion in Gujarat to increase ATC from ISTS: Part-B” project aimed at strengthening transmission capacity in Gujarat. According to a stock exchange...

Atlanta Electricals wins Rs 285 crore PSTCL transformer order

Atlanta Electricals Limited has received a Letter of Award (LOA) from Punjab State Transmission Corporation Limited (PSTCL) for the supply of 23 units of 160 MVA, 220/66 kV power transformers along with Nitrogen Injection Fire Prevention and...

APSPDCL rolls out prepaid smart metering for government services

The Andhra Pradesh Southern Power Distribution Company Limited (APSPDCL) has shifted government electricity services to a prepaid smart-metering system with effect from June 1 across nine districts in Andhra Pradesh. The rollout covers government...

Bajel Projects secures mega GIS substation EPC order in Mumbai

Bajel Projects Limited has secured a mega engineering, procurement and construction (EPC) order for a 400/220/33 kV gas-insulated switchgear (GIS) substation for a data centre project in Mumbai. According to the company’s stock exchange filing...

Diamond Power commissions 8th MV and EHV cable line

Diamond Power Infrastructure Limited has commissioned its eighth Medium Voltage (MV) and Extra High Voltage (EHV) power cable production line at its manufacturing facility in Vadodara, Gujarat. The new production line expands the company’s...

Transrail sees strong T&D growth backed by Rs 16,361 crore order book

Transrail Lighting Limited has outlined its growth plans for the power transmission and distribution (T&D) segment, which contributes around 90% of the company’s total revenue. During its earnings call held on May 27, 2026, the company...

Haryana to begin smart metering on ground from August 31

Haryana has committed to commencing smart metering works on the ground from August 31, 2026, following a review meeting chaired by Union Minister for Power and Housing & Urban Affairs, Shri Manohar Lal. During the review, the Union Minister...

PFC subsidiary PFC Projects struck off by MCA

Power Finance Corporation Limited (PFC) has informed the stock exchanges that its wholly owned subsidiary, PFC Projects Limited (PPL), has been struck off from the Register of Companies by the Registrar of Companies (RoC), effective June 1, 2026. The...

Transrail Lighting wins Rs 575 crore orders across power and civil segments

Transrail Lighting Limited has secured new orders worth Rs 575 crore, primarily in the power transmission and distribution sector, along with contracts in its civil construction and pole businesses. In a stock exchange filing, the company said the...

Toshiba delivers indigenous 132 kV mobile GIS to POWERGRID

Toshiba Transmission & Distribution Systems (India) Private Limited (TTDI) has delivered an indigenously developed 132 kV mobile gas-insulated switchgear (m-GIS) system to Power Grid Corporation of India Limited (POWERGRID), expanding its...

Alfa Transformers bags 12,000-unit transformer order from MGVCL

Alfa Transformers Limited has received a letter of award from Madhya Gujarat Vij Company Limited (MGVCL) for the supply of 12,000 distribution transformers valued at approximately Rs 63 crore. The order has been awarded under the CPP tender for...

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NTPC REL signs PPA with PTC India for 1,200 MW solar power

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited...

Power Sector News Roundup for July 3, 2026

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