Torrent Power Ltd. has completed the acquisition of Nabha Power Limited from Larsen & Toubro (L&T) in a transaction valued at ₹3,632 crore, marking a significant step in the company’s strategy to expand its power generation portfolio. The acquisition follows the receipt of all necessary regulatory approvals and the fulfillment…

State-owned power sector financiers Power Finance Corporation (PFC) and REC Limited have approved a merger scheme that is expected to create one of India’s largest government-owned infrastructure financing institutions with a combined loan book exceeding ₹11 lakh crores. The merger that has been approved by the boards of both companies…

Laser Power & Infra Ltd. has announced the price band for its upcoming initial public offering (IPO), setting it at ₹203-214 per equity share. The company’s SME public issue is scheduled to open for subscription on July 9, providing investors an opportunity to participate in the company’s next phase of…

The Delhi Electricity Regulatory Commission (DERC) has issued an important clarification aimed at facilitating the faster rollout of electric vehicle (EV) charging infrastructure across the National Capital Territory by aligning its regulations with the Government of India’s PM E-DRIVE Scheme. In its latest order, DERC addressed a regulatory inconsistency relating…

NHPC Limited has marked a significant milestone in India’s clean energy journey with the inauguration of its 300 MW Karnisar Solar Power Plant at Bikaner, Rajasthan. The project was virtually inaugurated by Prime Minister Narendra Modi on 04th July, 2026, reinforcing the country’s commitment to expanding renewable energy capacity and…

NHPC Limited has allocated 1.2 GW of grid-connected solar power projects at the Jalaun Solar Park in Uttar Pradesh to Coal India Limited (CIL) and NLC India Renewables Limited (NIRL), marking another significant milestone in India’s renewable energy expansion. The projects have been awarded through a competitive bidding process at…

Ceigall India Limited has taken another step in expanding its presence in India’s renewable energy sector, with its wholly owned subsidiary, Ceigall Morena Solar BESS Park Limited signing a Power Purchase Agreement (PPA) with Rewa Ultra Mega Solar Limited for a 220 MW Solar and Battery Energy Storage System (BESS)…

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has expanded its renewable energy portfolio with the commissioning of the 100.8 MW Jewali Wind Project in Maharashtra’s Dharashiv district. The project marks another milestone in the company’s clean energy expansion strategy and is expected to…

Sterling and Wilson Renewable Energy Limited (SWREL) has secured a major engineering, procurement and construction (EPC) contract worth approximately USD 560 million for the West Minya Solar Project in Egypt. The project will be executed through a 50:50 joint venture with Hassan Allam Construction, a leading engineering and construction company…

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL) has signed a 1,200 MW Solar Power Purchase Agreement (PPA) with PTC India Limited for the sale of solar power under a bilateral arrangement. The agreement marks another significant milestone in India’s rapidly expanding…

Festo India has inaugurated its first Automation Experience Centre (FEC) in Noida, establishing a dedicated hub for factory automation, smart manufacturing, Industry 4.0, innovation, collaboration, skills development, and hands-on technology exploration. The new facility marks a significant step in Festo’s expansion across Northern India’s fast-growing manufacturing corridor, where industries are…

TVS Motor Company, part of TVS VENU has achieved its highest-ever quarterly sales in the first quarter of FY2026-27, with total sales reaching 16.31 lakh units. The company’s two-wheeler sales grew 27% year-on-year to 15.64 lakh units, up from 12.32 lakh units in the corresponding quarter of FY 2025-26. Three-wheeler…