Sector / Industry News › Sub-category
Power / Utilities
38 articles
India’s power sector is undergoing significant expansion and modernization, driven by government initiatives and private sector investments. Renewable energy capacity continues to surge, with total installed power reaching 552 GW and non-fossil sources now accounting for 54% of the total. Companies like KPI Green and Saatvik Green Energy are demonstrating robust growth, while Power Mech is securing substantial orders to support infrastructure development. Furthermore, government schemes like Pradhan Mantri Surya Sarovar Yojana and PM Surya Ghar are accelerating solar adoption, alongside ambitious targets for nuclear power and semiconductor manufacturing, signaling a long-term commitment to energy independence and technological advancement.
KPI Green Energy Q1 FY27 Revenue Up 16% YoY
KPI Green Energy reported Q1 FY27 total income of ₹710 crore, a 16% YoY growth, with EBITDA up 21% to ₹262 crore.
Operational portfolio reached 6.94 GW, up 71% YoY, with strong growth in IPP generatio
Saatvik Green Energy Q1FY27 Earnings Call Transcript
Saatvik Green Energy reported moderated Q1FY27 results with sales of 334 MW and revenue of ₹511 crore, impacted by customer deferrals and cost volatility.
Management confirmed the Odisha integrated ce
Atlanta Electricals Receives Rs 193.92 Crore APTRANSCO Order
Atlanta Electricals received Letter of Intent from APTRANSCO for Rs 193.92 crore contract including GST.
Order involves design, manufacture, testing and supply of 12 units of 160 MVA, 220/132 kV Auto
DLF Subsidiary Acquires 26.97% in Balang Renewables
DLF's material subsidiary executes agreement to acquire 26.97% stake in Balang Renewables for ₹4.20 crore cash consideration.
Acquisition enables DLF Info Park to qualify as captive user under Electri
India's Energy Capacity Reaches 552 GW with 54% Non-Fossil
India's total installed power capacity reached 552 GW in July 2026, with non-fossil sources accounting for 300.50 GW (54% of total).
Coal production exceeded 1,040 MT in FY2025-26 while imports declin
India Approves ₹5,070 Crore 5,000 MW Floating Solar Scheme
Indian government approved Pradhan Mantri Surya Sarovar Yojana with ₹5,070 crore outlay for 5,000 MW floating solar capacity with 10,000 MWh energy storage.
India's solar capacity grew from 3 GW in 20
India's Energy Capacity Reaches 552 GW with 54% Non-Fossil
India's total installed power capacity reached 552 GW in July 2026, with non-fossil sources accounting for 300.50 GW (54% of total).
Coal production exceeded 1,040 MT in FY2025-26 while imports fell 2
PAIMANA Platform Monitors ₹40.54 Lakh Crore Infrastructure Projects
PAIMANA web platform monitors 1,847 ongoing Central Sector infrastructure projects worth ₹40.54 lakh crore with 54.18% expenditure achieved.
Performance Monitoring Dashboard tracks 165 indicators acro
India Approves 5,000 MW Floating Solar Scheme
Indian government approved ₹5,070 crore Pradhan Mantri Surya Sarovar Yojana to develop 5,000 MW floating solar capacity with 10,000 MWh energy storage.
India's solar capacity reached 162.15 GW by June
Power Mech Q1 FY27 Revenue Up 26% YoY
Power Mech reported Q1 FY27 revenue of INR 1,632 crore, up 26% YoY, though EBITDA margin declined to 10.8% due to higher mining costs and Middle East conflict impacts.
The company secured new orders w
BirlaNu Acquires 26% Stake in FPEL HR5 Energy
BirlaNu Limited entered into a Share Subscription and Shareholder Agreement to acquire 26% stake in FPEL HR5 Energy Private Limited.
The acquisition involves an equity investment of up to ₹2.02 crore
KPI Green Energizes 130 MW AC Solar Capacity
KPI Green Energy energized 130 MW AC / 195 MW DC solar capacity under its 370 MW AC Wind-Solar Hybrid IPP project in Bharuch, Gujarat.
Cumulative energized capacity now stands at 269.7 MW AC / 389.7 M
Oswal Pumps Q1 FY27 Revenue Declines 7.9% YoY
Oswal Pumps reported Q1 FY27 revenue of INR474 crore, a 7.9% YoY decline, with operating EBITDA margin at 15.7%.
Margin pressure was driven by competitive Magel Tyala bidding, diversification into mod
Solex Energy Q1 FY27 Revenue Up 1.8% YoY
Solex Energy reported Q1 FY27 total revenue of ₹2,656.3 million, a 1.8% YoY increase, with PAT declining 66.6% to ₹82.6 million.
The company maintains a robust order book of ₹3,400 crore and announced
Saatvik Solar Odisha MoU 3.6 GW Phase II
Saatvik Solar signed MoU with Odisha government for 3.6 GW solar cell manufacturing facility at Gopalpur.
Phase I facility with 2.4 GW cell and 4 GW module capacity is progressing towards commissionin
PM Modi Outlines Viksit Bharat 2047 Development Vision
Prime Minister Modi's Independence Day speech sets the national goal of building a developed India (Viksit Bharat) by 2047, backed by a 12-year track record of economic growth.
Key achievements includ
PM Modi Announces AI Skilling, Nuclear Power, Semiconductor Plants
PM Modi announced AI skilling for 1 crore youth and a new target of 6 crore Lakhpati Didis to boost rural economy.
India targets 100 GW nuclear power capacity by 2047 with five new reactors planned wi
PM Modi Outlines Viksit Bharat 2047 Vision
PM Modi presents a comprehensive vision to transform India into a developed nation by 2047, citing 25 crore citizens lifted from poverty and economic transformation.
Major policy announcements include
PM Modi Outlines Viksit Bharat 2047 Vision with Economic Reforms
Prime Minister Narendra Modi outlined the vision for a developed India (Viksit Bharat) by 2047, citing economic transformation including 25 crore citizens lifted from poverty and the economy becoming
PM Modi Inaugurates ₹17,900 Crore Andhra Pradesh Projects
PM Modi inaugurated and laid foundation stones for multi-sector development projects worth ₹17,900 crore in Andhra Pradesh, focusing on aviation, connectivity, and energy.
Key projects include Bhogapu
India Hosts BRICS Environment Ministers Meeting August 2026
India hosts 12th BRICS Environment Ministers Meeting in New Delhi on August 18, 2026, preceded by senior officials meeting on August 17.
Four priority areas identified: sustainable lifestyles, affores
Agastya Energy Announces ₹7,800 Crore 12GW Solar Expansion
Agastya Green Energy announces ₹7,800 crore expansion into 12GW integrated ingot and wafer manufacturing in Kurnool, Andhra Pradesh.
The project will create 3,500+ employment opportunities and complem
Modi Outlines Viksit Bharat Roadmap with 100GW Nuclear Target
PM Modi's 80th Independence Day address outlined a comprehensive roadmap for Viksit Bharat with focus on self-reliance across sectors.
Announced 100 gigawatts nuclear power capacity target and 8 new s
Juniper Green Energy Wins 230MW SECI Solar Project
Juniper Green Energy received a Letter of Award from SECI for a 230MW renewable energy project.
The project involves constructing a round-the-clock power plant with a 25-year power purchase agreement.
Ravindra Energy Renewable & EV Business Update Q1 FY27
Ravindra Energy operates 261.2 MWp renewable capacity with 877.8 lakh KWh generation in Q1 FY27, up significantly YoY.
Electric vehicle subsidiary EIM reported Q1 revenue of ₹427.9 million with PAT lo
CESC Limited FY26 Results: ₹1,618 Crore Profit, 48th AGM Notice
CESC Limited reported consolidated revenue of ₹18,570 crore with profit after tax of ₹1,618 crore for FY 2025-26, showing significant growth from previous year.
The company will hold its 48th Annual G
GMR Power Q1FY27 Revenue Dips 1% YoY to ₹17.5bn
GMR Power reported Q1FY27 consolidated revenue of ₹17.5bn, down 1% YoY, with EBITDA of ₹5.0bn and net loss of ₹354mn.
Smart metering business installed ~41 lakh meters, with revenue contribution of ₹2
Jal Jeevan Mission Achieves 82% Rural Tap Coverage
Jal Jeevan Mission increased rural household tap water coverage from 16.7% to 82.24% over seven years, providing connections to 12.68 crore additional households.
Mission extended until December 2028
SPML Infra Q1FY27 Secures ₹5,616 Cr New Orders
Secured landmark ₹1,128 Cr NTPC BESS project and ₹5,616 Cr total new orders, diversifying into energy storage.
Credit profile strengthened with CRISIL and ICRA assigning BBB (Stable) ratings following
SWELECT Q1 FY27 Consolidated PAT ₹7.65 Crore
SWELECT reports Q1 FY27 standalone PAT surged 362.5% YoY to ₹18.68 crore, while consolidated PAT declined 63.8% to ₹7.65 crore.
Company cites ALMM 2 policy uncertainty impacting module sales, recogniz
Fujiyama Q1 Revenue Up 125.3% YoY to Rs.13,457 Mn
Fujiyama Power Systems reported Q1 FY27 revenue of Rs.13,457 Mn, up 125.3% YoY, with EBITDA at Rs.2,548 Mn and margin of 18.9%.
The company commissioned 2,000 MW solar panel and power electronics faci
Jal Jeevan Mission Covers 75% Habitations with Sujal Gaon IDs
Sujal Gaon IDs issued to 12.68 lakh rural habitations, achieving 75% coverage under Jal Jeevan Mission's digital monitoring framework.
Sujalam Bharat DPI provides lifecycle management for rural water
India Nuclear Power Projects 8000 MW Capacity Addition
Department of Atomic Energy details eight nuclear power projects under construction with total 8000 MW capacity addition.
Rajasthan Atomic Power Project Unit 7 (700 MW) commenced commercial operation
MoES Details Seismic and Weather Warning Systems
National Centre for Seismology operates 174 observatories for 24x7 earthquake monitoring using P-wave detection for early warnings.
IMD states no conclusive study on Himachal cloudburst increase but p
DAE Details Nuclear Plant Security Audits and Protocols
Department of Atomic Energy confirms comprehensive security measures including electronic surveillance and periodic audits at all nuclear power plants.
Cybersecurity receives highest priority with con
Government Promotes Sustainable Data Centre Growth via Clean Energy
India's data centre capacity surged from 375 MW in 2020 to 1575 MW currently, with projected power demand reaching 17 GW by 2031-32.
Government promotes renewable energy through Green Energy Open Acce
MoES Details Early Warning System Capabilities and Expansion
IMD strengthened its observational network with 50 Doppler radars, 1,008 AWS, and 6,885 rain gauges, improving severe weather forecast accuracy by 40-50%.
INCOIS serves as Tsunami Service Provider for
Sanginita Chemicals Open Offer Acquires 0.02% Shares
Sanginita Chemicals open offer for 26% stake closed with only 9,004 shares tendered at Rs. 13.55 per share.
Aegis Vopak declared a final dividend of Rs. 0.20 per share with a record date of July 10, 2