Sector / Industry News › Sub-category
Power / Utilities
32 articles
India's renewable energy sector is experiencing significant expansion, driven by government initiatives and increasing demand. Several companies, including SJVN, Shakti Pumps, Tata Power, and Coal India, have secured substantial orders and commissioned new solar and wind power projects, collectively adding over 2 GW of capacity. Furthermore, PTC India's power purchase agreement for 1200 MW of solar power and NLC India's win of a 600MW solar project underscore the growing momentum in utility-scale renewable energy development. These developments signal a continued shift towards cleaner energy sources and present opportunities for investors and businesses in the sector, although execution risks and regulatory changes remain key factors to monitor.
SJVN's 1000 MW Bikaner Solar Project Inaugurated
Prime Minister inaugurated SJVN's 1000 MW Bikaner solar project, India's largest single EPC DCR solar facility.
The ₹5,492 crore project will supply power to Rajasthan (500MW), Uttarakhand (200MW), an
Oswal Pumps Receives Additional 10,000 Solar Pump Order
Oswal Pumps received ₹235.92 crore order from MSEDCL for 10,000 solar water pumping systems under PM Kusum Scheme.
The domestic order involves design, manufacture, supply, installation and commissioni
SWELECT Commissions 4.40 MW Solar Plant
SWELECT Energy Systems Ltd commissioned a 4.40 MW solar power plant in Tamil Nadu on July 3, 2026.
The plant will supply energy to consumers via a third-party power sale model using intra-state open a
Shakti Pumps Wins ₹353.89 Crore Maharashtra Solar Pump Order
Shakti Pumps received Letter of Empanelment from MSEDCL for 15,000 off-grid solar water pumping systems.
The total contract value is ₹353.89 crores inclusive of GST, with execution required within 60
Coal India UPRVUNL Renewable Energy JV Agreement
Coal India signed a JV agreement with U.P. Rajya Vidyut Utpadan Nigam for renewable energy projects in Uttar Pradesh.
The JV will develop solar, wind, pumped storage projects with 51% CIL and 49% UPRV
PTC India Signs 1200 MW Solar PPA with NTPC Renewable
PTC India Limited entered into a Power Purchase Agreement for 1200 MW solar power.
The agreement is with NTPC Renewable Energy Ltd, a subsidiary of NTPC Green Energy.
This bilateral arrangement was fo
Pace Digitek Participates in India Energy Storage Week 2026
Pace Digitek Limited and subsidiary Lineage Power will exhibit at India Energy Storage Week from July 8-10, 2026.
The company will showcase its Battery Energy Storage System and related energy storage
Ministry of Jal Shakti Launches 7th National Water Awards
Ministry of Jal Shakti launches 7th National Water Awards with applications accepted through MHA's Rashtriya Puraskar portal until August 28, 2026.
Awards recognize excellence in water conservation ac
Tata Power Commissions 100.8 MW Maharashtra Wind Project
Tata Power Renewable Energy commissioned a 100.8 MW wind power project in Maharashtra's Dharashiv district on July 3, 2026.
The project will supply 299 million units annually to Tata Power Mumbai Dist
Transrail Lighting FY26 Record Performance & Expansion
Transrail Lighting reported record FY26 performance with revenue of ₹4,478 Cr, EBITDA of ₹676 Cr, and PAT of ₹421 Cr, excluding a ₹17 Cr provision.
The company holds an unexecuted order book of ₹16,36
Krishanveer Forge Commissions 1MWp Solar Plant
Krishanveer Forge received Permission to Commission from MSEDCL for its 1.0 MWp solar power plant on July 02, 2026.
The plant is located in Karandewadi, Solapur, Maharashtra and is fully installed and
IEX Q1FY27 Electricity Volume Up 15.9% YoY
IEX traded 37.5 BU electricity in Q1FY27, a 15.9% YoY growth, with RTM volume up 23.5% to 16.0 BU.
Market Clearing Prices rose significantly, with DAM at Rs 5.1/unit (up 15.7% YoY) and RTM at Rs 4.5/u
Namami Gange Programme Reviews ₹43,031 Crore Project Progress
19th Empowered Task Force meeting chaired by Jal Shakti Minister reviews Namami Gange Programme progress with 524 projects sanctioned worth ₹43,031 crore.
363 projects completed including 145 sewerage
Coal India June Power Supply Up 5.9% YoY
Coal India increased coal supplies to power plants by 5.9% to 51.44 MT in June FY27 due to peak summer electricity demand.
Overall coal supplies grew 7.5% to 65.8 MT in June, while non-regulated secto
Indian Railways June Freight Up 4%, Passenger Traffic Grows
Indian Railways freight loading grew 4% YoY to 142.21 million tonnes in June 2026, generating ₹430 crore additional revenue.
Passenger traffic reached 63.81 crore passengers with 3.9% growth in non-su
Crompton Greaves Wins ₹29.77 Crore MSEDCL Solar Pump Order
Crompton Greaves received a ₹29.77 crore order from MSEDCL for solar water pumping systems under PM-KUSUM scheme.
The domestic contract involves design, supply, installation, and 5-year maintenance of
NLC India Subsidiary Wins 600MW Solar Project
NLC India Renewables Limited receives Letter of Award for 600MW solar power project in Uttar Pradesh.
The project involves setting up 2x300 MW solar power projects at Jalaun Solar Power Park through c
Vikran Engineering Investor Presentation July 2026
Vikran Engineering discloses its July 2026 investor presentation for an analyst meet, outlining strategic updates and financial performance.
The company highlights its strategic acquisition of a 969 M
Coal India Wins 600 MW Jalaun Solar Park Contract
Coal India Limited received a Letter of Award for setting up a 600 MW solar power plant at Jalaun Solar Park in Uttar Pradesh.
The domestic contract from Bundelkhand Saur Urja Limited has an estimated
Solarium Green Energy Order Book at ₹852.28 Crore
Solarium Green Energy discloses ₹852.28 crore order book as of June 30, 2026 via SEBI Regulation 30 filing.
Ground-mounted projects constitute the largest segment at ₹467.50 crore, followed by solar m
CG Power FY26 Profit Rises 35% to ₹1,317 Crore
CG Power reported FY26 net profit of ₹1,317 crore, up 35% YoY, with revenue growing 21% to ₹11,331 crore driven by strong performance across power and industrial segments.
The company raised ₹3,000 cr
Indian Astrophysicists Uncover Solar Storm Thermal Evolution Patterns
Indian Institute of Astrophysics researchers analyzed 29 years of solar storm data revealing 45% of magnetic ejecta show heating signatures near Earth.
Study found systematic shift from heating-domina
Rajasthan Haryana Sign Yamuna Water Project Agreement
Rajasthan and Haryana governments signed an agreement to construct and implement the Yamuna Water Project, resolving a three-decade-old water dispute.
The project will supply 580 MCM of Yamuna water a
INST Develops Electrolyte Additive for Zinc Batteries
INST Mohali scientists developed BDIM electrolyte additive to enhance aqueous zinc ion battery performance and durability.
The additive suppresses hydrogen evolution, corrosion, and dendrite formation
JSW Energy Reports Record 61% Revenue Growth to ₹18,901 Crore
JSW Energy achieved record consolidated revenue of ₹18,901 crore, up 61% YoY, and EBITDA of ₹11,041 crore, up 81% YoY, driven by capacity expansion to 13.45 GW and major acquisitions.
The company comp
Sterling and Wilson Reports FY26 ₹2,510 Crore Loss on Subsidiary Impairment
Sterling and Wilson reported a consolidated net loss of ₹2,510.18 crore for FY26 due to a ₹2,802.18 crore exceptional impairment on subsidiary Sterling and Wilson International Solar FZCO.
Revenue gre
RMC Switchgears FY26 Revenue Up 26% to ₹402 Crore
RMC Switchgears reported FY26 consolidated revenue of ₹401.59 crore, a 26.39% YoY increase, though PAT declined 27.32% to ₹22.45 crore due to input cost inflation and currency depreciation.
The compan
Solarium Green Energy FY26 Revenue Up 60%
Solarium Green Energy reported FY26 revenue of ₹368 crore, a 60% YoY growth, driven by a strategic shift to large EPC projects.
The company commissioned a 1.2 GW module manufacturing facility and hold
Powerica Q4 & FY26 Earnings Call Transcript
Powerica reported record FY26 revenue of ₹3,012 crore with 13.5% YoY growth and PAT of ₹277 crore, including a ₹51 crore deferred tax credit.
Management outlined strong growth drivers including data c
APAR Industries Q4 FY26 Revenue Hits INR6,603 Crores
APAR Industries reported record annual revenue of INR22,902 crores, a 29% CAGR over 5 years, driven by strong domestic growth and improved product mix.
Q4 consolidated revenue grew 26.7% YoY to INR6,6
Pace Digitek Q4 Revenue Jumps 60.5% YoY
Pace Digitek held an investor call to discuss Q4 and FY26 results, reporting a 60.5% YoY revenue growth to ₹1,097 crore in Q4.
The company announced a massive expansion of its BESS manufacturing capac
Tata Power's Bhutan Dorjilung Hydro Project Financing
Bhutan and World Bank sign $515M financing for 1,125MW Dorjilung hydro project, Bhutan's largest PPP hydropower development.
Tata Power holds 40% stake in project SPV through joint venture with Bhutan