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IEX records 17.7% rise in November power trade and IGX clears IPO move
Indian Energy Exchange Limited reported a 17.7 per cent year-on-year rise in electricity trading volumes in November 2025, with total transactions reaching 11,409 MU. The company also confirmed that Indian Gas Exchange Limited has secured board approval to begin its IPO process. IEX saw varied performance across its market segments. The Day Ahead Market recorded…
Alpex Solar bags Rs 65 crore MSEDCL order for solar pumps
Alpex Solar Limited has announced an order worth Rs 65 crore (excluding GST) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for supplying off-grid direct current (DC) solar photovoltaic (PV) water pumping systems. The company said the project comes under the Government of India’s Magel Tyala Saur Krushi Pump Yojana, which forms Component B of…
SWELECT Energy reports FY26 PAT of Rs 57.58 crore
SWELECT Energy Systems Ltd. reported a consolidated profit after tax (PAT) of Rs 57.58 crore for the financial year ended March 31, 2026, compared to Rs 13.98 crore in the previous fiscal year. The company’s board approved the standalone and consolidated financial results for the quarter ended March 31, 2026 (unaudited) and the full financial…
Kalpataru Projects secures Rs 2,332 crore orders
Kalpataru Projects International Limited (KPIL) and its international subsidiaries have received new orders worth about Rs 2,332 crore. The projects cover power transmission and distribution (T&D) contracts in overseas markets and building and factory (B&F) projects in India. According to Managing Director and Chief Executive Officer Manish Mohnot, total order inflows in FY26 have reached…
JSW Energy signs 1,200 MW hybrid power deals with MSEDCL
JSW Energy’s subsidiaries, JSW Renew Energy Six Ltd and JSW Renew Energy Thirty Ltd, have signed power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for two solar-wind hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW. These agreements, awarded on August 29 and September 10, 2024, are set…
Inox Wind signs 1,500 MW turbine supply pact with Inox Clean Energy
Inox Wind Limited has signed a Memorandum of Understanding (MoU) with Inox Clean Energy for the supply of 1,500 MW of wind turbines for renewable energy projects across India. The agreement covers Inox Wind’s 3.3 MW and 4X MW series turbines and will support projects being developed by Inox Clean Energy, the renewable independent power…
