The Union Cabinet chaired by Prime Minister Narendra Modi, September 30, 2026, approved the Green Energy Corridor Phase-III (GEC-III) intrastate transmission system (InSTS) scheme. The tariff-based competitive bidding (TBCB) modality has been proposed for greenfield projects under the scheme.
Marsons Ltd and Cleanhill Partners, a New York-based private equity firm with a proven track record of scaling companies supporting the build-out of energy infrastructure, have announced their intent to form a joint venture to accelerate transformer distribution, service, and manufacturing operations across the United States and Canada.
Transrail Lighting Ltd has announced the winning of fresh orders worth Rs.412 crore, taking the FY27 cumulative inflow to over Rs.2,000 crore.
Adani Power and Druk Green Power Corp. Ltd. (DGPC), Bhutan’s state-owned generation utility, have signed the shareholders’ agreement (SHA) for setting up a 770-MW Chamkharchhu-I Hydroelectric Project in the Kingdom of Bhutan.
Global markets are rightly optimistic about the transformative potential of artificial intelligence, green mobility, and renewable energy. Yet, realizing the full value of these mega-trends requires a parallel focus on a fundamental macroeconomic variable: the physical capacity of the power grid. As capital continues to flow into advanced generation and compute technologies, a critical enabler of this evolving energy ecosystem is stepping into the spotlight—the power transformer, notes Kartik Daftari.
The Power Transmission & Distribution (PT&D) business vertical of Larsen & Toubro Ltd (L&T) has secured multiple EPC orders in India and abroad.