REC Power Development & Consultancy Ltd (RECPDCL) has newly incorporated two wholly-owned subsidiaries that will act as project special purpose vehicles for as many intrastate schemes in Maharashtra. The two entities, incorporated on July 7, 2025, are Umred Power Read more
SPML Infra Ltd has announced that it has received the sanction of enhanced credit facilities amounting to Rs.205 crore. The credit facilities including the Bank Guarantee (BG) limit is sanctioned by one of the India’s top Public Sector Undertaking Read more
Quality Power Electrical Equipments Ltd (QPE) and Yash Highvoltage Ltd have jointly announced the signing of a Binding Term Sheet to acquire 100 per cent stake in Sukrut Electric Company Pvt. Ltd. (SECPL), a Pune-based transformer component manufacturer. The Read more
Adani Electricity registered 1,166 first information reports (FIRs) against perpetrators of power theft in FY25 as against 974 FIRs in FY24, the power utility said in a release. This decisive action has resulted in a 77 basis points reduction Read more
Prostarm Info Systems Ltd has planned to establish its first Battery Energy Storage System (BESS) manufacturing facility. To come up in Reliance MET City, Jhajjar, Haryana, this facility with annual manufacturing capacity of 1.2 GWh, marks a key milestone Read more
ACME Solar Holdings has placed an order of more than 3.1 GWh of battery energy storage system (BESS) from leading global suppliers. In a release, ACME Solar said that these orders have been placed on leading suppliers including Zhejiang Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) is expected to select the winning bidder for three ISTS-TBCB schemes in the coming weeks. The bid submission dates for all these three schemes have been Read more
Hartek Group has been a driving force in transforming India's energy sector, pioneering EPC solutions since 1991, leading the charge in power systems, renewable energy, and delivering advanced power distribution products. Hartek Group has moved up the value Read more
Indian Energy Exchange (IEX) achieved monthly electricity traded volume of 10,852 MU in June 2025, marking a 6.5 per cent increase on year-on-year basis, according to an official release. For the Read more
Bajel Projects Ltd has announced the winning of a new transmission line order from Power Grid Corporation of India Ltd (PGCIL). In a release, Bajel Projects said that the order, valued at over Rs.300 crore, pertains Read more