Kalpataru Projects International Limited (KPIL) has strengthened its order pipeline with fresh wins worth approximately ₹2,225 crores, spanning its Power Transmission & Distribution business in India and international markets. The announcement includes orders and letters of comfort worth around ₹2,031 crores for the T&D business, while its Swedish subsidiary, Linjemontage…

Solar Energy Corporation of India (SECI) has set a revenue from operations target of ₹24,000 crores for FY2026-27 under its annual performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE). The SECI roadmap also outlines targets for renewable energy trading, capital expenditure, project execution and…

Oswal Pumps Limited, one of India’s leading manufacturers of solar pumping systems, solar modules and electric motors has announced plans to establish a 1.2 GW solar cell manufacturing facility through its wholly owned subsidiary, Oswal Solar Energy Private Limited (OSEPL). The subsidiary’s Board of Directors has approved the proposed facility,…

Tamil Nadu is taking another step towards a more flexible power system with a 250 MW / 500 MWh Battery Energy Storage System (BESS) project being developed by NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited. Hon’ble Prime Minister of India, Shri Narendra Modi laid…

Bajel Projects, an engineering, procurement and construction (EPC) player in power transmission infrastructure has been awarded a contract covering the supply and installation of two 220kV GIS substations in Mumbai. The project involves separate substation packages at the Salsette and Powai receiving stations. The order highlights the role of advanced…

India’s energy co-operation agenda for 2026-2030 could open new avenues for power infrastructure companies, clean-energy businesses and technology startups. Here is where Indian businesses could find opportunities as regional electricity markets evolve. India is expanding its power sector. Now, a bigger question is emerging: can its power-sector expertise open doors…

Oriana Power Limited has revised its proposed corporate guarantee in favour of State Bank of India (SBI) to cover the entire ₹460 crore working capital facility being availed by its subsidiary, Oriana Usolar Joint Venture Private Limited. The company had earlier proposed to provide a corporate guarantee covering 74% of…

Om Power Transmission Limited has received a Letter of Intent (LOI) from Gujarat Energy Transmission Corporation Limited (GETCO) for a ₹60.48 crore turnkey project involving the development of a 220kV Kotda-Sanghani Air Insulated Substation (AIS) in Gujarat. Under the contract, Om Power Transmission will be responsible for the supply, erection,…

Solex Energy and its wholly owned subsidiary Solex Green Energy have secured two work orders worth a combined ₹194.14 crore for the supply of advanced TOPCon solar PV modules, adding another sizeable order win to the company’s growing solar manufacturing pipeline. The orders have been placed by domestic entities operating…

Japan’s Sumitomo Corporation is set to acquire a 49% stake in a large-scale renewable energy project being developed by Hero Future Energies (HFE), combining solar and wind generation with battery storage in Karnataka. Under the partnership, Sumitomo Corporation will invest in Clean Solar Power (Baniyana) Pvt. Ltd., the company undertaking…

Adani Group-backed solar components manufacturer Vishakha Renewables Ltd has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) comprising a fresh issue of equity shares worth up to ₹1,250 crores. The proposed Vishakha Renewables IPO will also…

Bondada Engineering Limited has received an EPC order worth ₹1,153.93 crores for the development of a 270MWp ground-mounted Solar PV project at various locations in Maharashtra, strengthening the company’s presence in the renewable energy sector. The order marks a significant addition to Bondada Engineering’s renewable energy portfolio and further strengthens…