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…

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…

Serentica Renewables has reached a significant milestone by commissioning 3 GW of renewable energy capacity across India, reinforcing its position as one of the country’s rapidly growing renewable independent power producers. The achievement comes just 26 months after the company commissioned its first renewable energy project, highlighting the pace of…

Transformers & Rectifiers (India) Ltd. (TARIL) has announced the receipt of an order valued at ₹1,000+ crore from Power Grid Corporation of India Limited (PGCIL) for the manufacturing and supply of power transformers across multiple ratings. The order has been awarded by PGCIL as part of its procurement requirements and…

Oman is set to significantly strengthen its electricity generation capacity as the country continues to invest in reliable and efficient power infrastructure to meet rising energy demand. Supporting this effort, Siemens Energy will supply advanced power generation technology and long-term service solutions for two major independent power projects (IPPs) that…

Adani Green Energy Limited (AGEL) has crossed the landmark 20 GW mark in operational renewable energy capacity, becoming the first renewable energy company in India to reach this scale primarily through greenfield project development. The achievement reinforces AGEL’s position as the country’s largest renewable energy producer and highlights its contribution…