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GE Power India reports strong FY2025-26 growth in core services business
GE Power India Limited (GEPIL) reported strong growth in its core services business during FY2025-26, despite a sharp decline in overall order inflows due to the absence of large one-time orders recorded in the previous fiscal year. Core services order inflow increased 34% year-on-year to Rs 734 crore in FY2025-26, compared to Rs 548 crore…
Generation | India | NewsTHDCIL begins commercial operations of Unit 3 at Tehri PSP
THDC India Limited has begun commercial operation of the third unit of the Tehri Variable Speed Pumped Storage Plant. The 250 MW unit is part of the 1,000 MW project, which is now the largest variable speed pumped storage plant developed by a central public sector enterprise. The Commercial Operation Date was commenced virtually from…
ACME to supply 405 kTPA green ammonia to Japan’s IHI Corporation
ACME Cleantech Solutions Private Limited (ACME Group) has signed long-term offtake agreements with Japan’s IHI Corporation for green ammonia and Mitsubishi Gas Chemical Company, Inc. (MGC) for green methanol. The agreements were signed at Atal Akshay Urja Bhawan in New Delhi and mark a major export milestone under the National Green Hydrogen Mission (NGHM). Offtake…
ACME Solar launches QIP at floor price of Rs 294.13 per share
ACME Solar Holdings Limited has launched a qualified institutions placement (QIP) to raise funds from eligible institutional investors. The company’s Fund Raising Committee approved the opening of the QIP on June 1, 2026. It also set the floor price at Rs 294.13 per equity share of face value Rs 2 each, based on the relevant…
Tata Power commissions 1 GW solar project for SJVN in Rajasthan
Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has announced the commissioning of a 1 GW alternating current solar project for SJVN Limited in Bikaner, Rajasthan. This is TPREL’s largest Domestic Content Requirement (DCR)-compliant installation and will supply power to three states. The project spans the Bandarwala and Kamisar…
Karnataka High Court stays key CERC DSM 2024 provisions
The High Court of Karnataka has granted interim relief to renewable energy generators by staying the operation of two provisions of the Central Electricity Regulatory Commission (CERC) Deviation Settlement Mechanism and Related Matters (DSM) Regulations, 2024. The stayed provisions relate to changes in the deviation charge formula, tighter deviation bands, and enhanced penalties that came…
