Sector / Industry News › Sub-category
Power / Utilities
21 articles
Renewable energy expansion and infrastructure development are driving significant activity within the power and utilities sector. JSW Energy is targeting 30 GW of capacity by 2030, supported by substantial under-construction projects and a focus on storage solutions, while KP Energy reported record annual revenue growth and a robust order book. Diversification efforts are also underway, with Vodafone Idea acquiring a stake in MTK Quantum Green Energy for renewable energy solutions and Kirloskar Pneumatic launching a waste-to-energy technology. Government initiatives like the Jal Jeevan Mission and dam rehabilitation projects further underscore the sector’s growth potential, supported by increased investment and regulatory frameworks.
Vodafone Idea Acquires 26% in MTK Quantum Green
Vodafone Idea disclosed acquisition of 26% equity in MTK Quantum Green Energy Pvt Ltd for ₹4.33 crore via SEBI Regulation 30 filing.
The acquisition supports regulatory compliance for captive power pl
OM Infra Limited FY26 Investor Presentation Highlights
OM Infra Limited presents Q4 & FY26 financial results and strategic updates, including a consolidated FY26 net sales of ₹500 crore.
The company won a ₹129 crore order from Uttar Pradesh Jal Nigam and
Nifty Rises 0.17% Led by Hindalco
Indian equities closed higher, Nifty 50 up 0.17% and Sensex up 0.16% on Wednesday.
Gains driven by Power, Capital Goods and Oil & Gas sectors, with Hindalco (+3.5%), Reliance (+2.83%) and Bajaj Auto (
JSW Energy Targets 30 GW Capacity by 2030
JSW Energy outlines its Strategy 3.0 to reach 30 GW generation and 40 GWh storage capacity by 2030, a near 20% CAGR growth.
Company reported FY26 Cash PAT of ₹4,359 Cr with 13.7 GW operational capacit
PTC India Q4 FY26 Trading Volume Up 24%
PTC India announced Q4 FY26 results with 24% YoY trading volume growth to 23,572 MUs and declared a final dividend of ₹5.50 per share.
Standalone operating margin grew 29% to ₹104.02 crore in Q4 with
JMS Mining, Mahan Energen Commence Madhya Pradesh Coal Production
Coal production commenced from Urtan mine on May 15, 2026, allocated to JMS Mining Private Limited.
Dhirauli mine production started on May 17, 2026, allocated to Mahan Energen Limited in Singrauli di
Ministry of Jal Shakti Launches State Water Reforms Framework
Union Jal Shakti Minister launched State Water Reforms Framework with 75 indicators across five dimensions for water governance benchmarking.
Brahmaputra Board reviewed 76 river basins for masterplan
CSIR Signs Five Norway Agreements on Clean Energy
CSIR signed five bilateral agreements with Norwegian institutions to strengthen science and innovation cooperation during PM Modi's visit.
Key agreements cover clean energy, offshore wind, sustainabil
GK Energy Q4 FY26 PAT Up 25% YoY to ₹59 Cr
GK Energy reported strong FY26 results with standalone revenue up 40% YoY to ₹1,532.5 Cr and PAT up 51% to ₹201 Cr.
Management held an earnings call to discuss results and provide FY27 guidance, targe
Kirloskar Pneumatic Launches Tonalli Waste-to-Energy Solution
Kirloskar Pneumatic launched Tonalli, a decentralized food waste management solution converting organic waste into biogas and fertilizer.
The solution addresses India's Solid Waste Management Rules 20
Genus Power FY26 Revenue Up 94% to ₹4,738 Crore
Genus Power Infrastructures reported FY26 standalone revenue of ₹4,738 crore, a 94% YoY increase, driven by smart metering project execution.
EBITDA grew 104% YoY to ₹960 crore with margins improving
CleanMax FY26 EBITDA Up 28% to INR1,295 Crore
CleanMax reported FY26 consolidated PAT of INR86 crore, up 4.4x YoY, and EBITDA of INR1,295 crore, up 28%.
Contracted capacity reached 5.7 GW, with 3.1 GW operational; added 1.4 GW in FY26 and guided
Triveni Turbine Q4 & FY26 Investor Presentation Highlights
Triveni Turbine reported FY26 revenue growth of 26% CAGR and EBITDA growth of 29% CAGR from FY22-FY26, driven by strong execution.
Q4 FY26 achieved record revenue and robust order booking with exports
Vikran Engineering Acquires 49% Stake in NOPL Solar
Vikran Engineering Limited completed acquisition of 49% stake in NOPL Solar Projects Private Limited for ₹4.90 crores.
The acquisition supports company's renewable energy sector expansion strategy and
KP Energy Q4 FY26 Revenue Jumps 55% YoY
KP Energy reported record annual revenue of ₹1,505.54 crore for FY26, a 57% YoY growth, with Q4 revenue reaching ₹633.93 crore.
The company's order book stands at 2 GW valued at ₹3,000 crore, with 50%
JSW Energy Q4 FY26 Record EBITDA ₹11,041 Crore
JSW Energy reported its highest-ever annual EBITDA of ₹11,041 crore in FY26, driven by a 58% YoY increase in generation and capacity expansion to 13.45 GW.
The company commissioned 2.6 GW of new capac
Oswal Pumps FY26 Revenue Hits Record ₹20,644 Million
Oswal Pumps reported record FY26 operating income of ₹20,644 million with 44.3% YoY growth driven by PM KUSUM scheme execution.
Q4 FY26 PAT grew 44.8% YoY to ₹925 million with operating cash flow turn
Jal Jeevan Mission 2.0 Progress Review with Districts
Jal Jeevan Mission extended to December 2028 with 81% rural household tap water coverage achieved.
District Collectors' Peyjal Samvad featured six districts presenting cost-effective water supply inno
India's 6628-Dam Rehabilitation with ₹10,211 Crore Investment
India has 6,628 specified dams, with 26% (1,681) over 50 years old, necessitating a large-scale safety upgrade.
The Dam Rehabilitation and Improvement Project (DRIP) Phase II & III has a ₹10,211 crore
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
India Eight Core Industries Decline 0.4% YoY March 2026
• Ministry of Commerce releases provisional Eight Core Industries Index showing 0.4% YoY decline in March 2026.
• Fertilizer production recorded steepest decline at -24.6%, while Natural Gas showed st