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SCCL and BHEL sign agreement for 800 MW Adilabad power project expansion
Singareni Collieries Company Limited (SCCL) and Bharat Heavy Electricals Limited (BHEL) have signed an agreement for the Adilabad Coal-Based Power Project Stage II. The deal was finalized on March 11, 2025. Under the agreement, BHEL will handle civil works and supply key equipment, including boilers, turbines, and generators. The project, expected to be completed in…
KPI Green Energy forms new SPV for renewable projects
KPI Green Energy Limited has established a Special Purpose Vehicle (SPV), named KPIN Clean Power One LLP. The SPV will focus on renewable energy generation and distribution. The SPV, KPIN Clean Power One LLP, was incorporated with contributions of Rs. 99,000 from KPI Green Energy and Rs. 1,000 from its wholly owned subsidiary, KPark Sunbeat…
IEX, Adani Power, ACME Solar, NTPC Green and REC report Q3 results
Major Indian power sector players show mixed Q3 FY26 results, reflecting varied market dynamics. Adani Power Limited posted a decline in performance for the third quarter of FY26. Net profit fell 18.9% year on year to Rs 2,479 crore, compared with Rs 3,057 crore in the same quarter last year. Revenue declined 8.9% to Rs…
Adani Green begins 187.5 MW solar operations at Khavda park
Adani Renewable Energy Fifty Seven Limited, a subsidiary of Adani Green Energy Limited (AGEL), started commercial operations of a 187.5 MW solar power project in Gujarat’s Khavda on May 22, 2025. The project is part of AGEL’s larger plan to develop a 30,000 MW wind-solar hybrid renewable energy park in the Rann of Kutch. The…
NCT plans new transmission scheme to ease WR-NR corridor congestion
The National Committee on Transmission (NCT), in its most recent meeting, has planned a new transmission scheme to address high power flow on the Western Region-Northern Region (WR-NR) corridor. Representatives from Central Transmission Utility of India Limited (CTUIL) highlighted the persistent high loading of the 765 kV Vindhyachal-Varanasi double-circuit (D/C) line, particularly during peak demand…
ACME Solar Q1 PAT rises 80% to Rs 235 crore; revenue reaches Rs 954 crore
ACME Solar Holdings Limited reported consolidated total revenue of Rs 954 crore for the quarter ended June 30, 2026, up 63.3% year-on-year, while Profit After Tax (PAT) increased 80% to Rs 235 crore. Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) rose 56.5% to Rs 831 crore during Q1 FY27. Revenue growth was driven by…
