Here is an ongoing summary of short news stories of 2025. These stories have not been covered elsewhere on this portal.
Diamond Power Infrastructure Ltd has announced the receipt of orders aggregating Rs.116.71 crore for projects related to battery energy storage system (BESS), smart metering, etc. This has taken the company’s outstanding order book to Rs.1554.08 crore that will be executed by March 31, 2026, a release by Diamond Power Infrastructure said. (June 13, 2025)
SEPC Ltd has received a letter of award for an EPC Contract worth Rs.650 crore from Parmeshi Urja Ltd, a subsidiary of Kolkata-based India Power Corporation Ltd. The contract involves the design, engineering, supply, installation, testing, and commissioning of a 133-MW solar power project, including all associated civil and structural works. It will span four districts in Maharashtra—Sambhaji Nagar, Dhule, Solapur, and Nanded—and is being implemented under the PM-KUSUM Yojana. The execution timeline is expected to range between 12 to 18 months from the start of the project, SEPC said in a stock exchange filing. (June 13, 2025)
ACME Pokhran Solar Pvt Ltd, a subsidiary of ACME Solar Holdings Ltd, has commissioned an additional 19.8 MW capacity of its 50-MW wind power project at Shapar in Gujarat. This has taken the total commissioned capacity of the wind project to 46.2 MW, and the company’s total operational renewable energy capacity of ACME Solar Holdings has risen to 2826.2 MW, the company said in a release. (June 13, 2025)
Sembcorp Industries (Sembcorp), through its wholly-owned subsidiary, Sembcorp Green Infra Pvt Ltd (SGIPL), has been awarded its first 50-MW Round-the-Clock (RTC) power project from Solar Energy Corporation of India Ltd (SECI). This BOO project is part of SECI’s 1.2-GW tender for RTC power ISTS-connected RE projects. Sembcorp will integrate approximately 300 MW installed capacity comprising solar, wind, and BESS to meet the contracted capacity. The project is expected to be ready for commercial operation within 24 months from the date of signing the PPA. (June 12, 2025)
Torrent Green Energy Pvt Ltd, a wholly-owned subsidiary of Torrent Power Ltd has emerged as successful bidder under competitive bidding and has received Letter of Award from Solar Energy Corporation of India (SECI) on June 11, 2025 for setting up of 300 MW Wind power project under “Wind Tranche-XVIII”. The project, with a tariff of Rs.3.97 per unit is to be commissioned within 24 months from the date of execution of the PPA, with an estimated investment of about Rs.2,650 crore, Torrent Power said in a release. (June 12, 2025)
NTPC Ltd announced that Unit-3 of 660 MW of its North Karanpura Super Thermal Power Project (3×660-MW) in Jharkhand has successfully completed trial operations and consequently has been included in the installed capacity of NTPC Ltd. Accordingly, NTPC Ltd’s installed capacity has risen to 60,266 MW and that of NTPC Group to 81,368 MW. (June 12, 2025)
Indian Renewable Energy Development Agency Ltd. (IREDA) has raised Rs.2,005.90 crore through a Qualified Institutions Placement (QIP) of 12.15 crore equity shares at a price of Rs.165.14 per share, which includes a premium of Rs.155.14 per share of face value Rs.10. The QIP received encouraging response from both domestic and foreign qualified institutional buyers, resulting in bids amounting to Rs.2,005.90 crore against the base issue size of Rs.1,500 crore. (June 11, 2025)
KP Green Engineering Ltd (formerly, KP Buildcon Pvt Ltd) has announced the winning of orders worth Rs.97.27 crore from multiple clients. These orders, includes those related to power T&D such as 220kV, 66kV and 33kV isolators, 220kV to 400kV tower material, 33kV and 66kV substation equipment structure, hardware, cable trays, GI strip material, GI structure for isolators, etc. These orders are scheduled to complete by March 31, 2026, the company said in a stock exchange filing. (June 11, 2025)
Texmaco Rail & Engineering Ltd has won an order valued at Rs.44.04 crore from Mumbai Rail Vikas Corporation Ltd for supply, construction, installation, testing & commissioning of 1x25kV 110/25kV traction substation (TSS) with 40/56 MVA traction transformers, two signaling poles and associated works for 3rd and 4th lines of Central Railway. The order is scheduled to complete in 18 months, Texmaco said in a stock exchange notification. (June 11, 2025)
The National Company Law Tribunal (NCLT), Chandigarh bench, has approved the scheme of arrangement between Inox Wind Energy Ltd (IWEL) and Inox Wind Ltd, consequent to which IWEL will be amalgamated into IWL. The merger simplifies and streamlines the wind business vertical of INOXGFL Group, with no holding company structure, a release by INOXGFL Group said. (June 11, 2025)
Transrail Lighting Ltd (TLL), in a stock exchange communication, announced the change in designation of Dr. Indu Shekhar Jha from Additional Non-Executive Director to Independent Director of TLL, subject to approval of shareholders. His appointment will be effective from June 9, 2025 and will be valid for three years, not liable to retire by rotation. (June 10, 2025)
ACME Solar Holdings Ltd has commissioned 75 MW of additional renewable energy capacity at its Sikar project in Rajasthan, taking the total capacity at the site to 240 MW out of a planned 300 MW. With this, ACME Solar Holdings’ total operational capacity has increased to 2,806.4 MW. The Sikar project is spread across 1300 acres in Bikaner, Rajasthan and the renewable energy harnessed is pooled at inverter stations and stepped up for evacuation to Bikaner-II grid using a dedicated single-circuit 220kV transmission line. (June 10, 2025)
Targeting emissions reductions in the energy sector, NTPC has signed an agreement with Sustainable Energy for All (SEforALL) to support their transition to clean energy. Under the agreement, SEforALL will support the development of NTPC’s comprehensive energy transition roadmap aligning with country’s energy security, development priorities, and net-zero commitments. The roadmap will include modelling of multiple scenarios reflecting NTPC’s short- , mid- and long-term strategic horizons, estimating investment needs, identifying diversification opportunities and the socio-economic benefits that come with shifting to cleaner energy systems. (June 10, 2025)
Kalpataru Projects International Ltd (KPIL), along with its international subsidiaries, has secured new orders/notification of awards of approximately Rs.3,789 crore. These orders include overseas mandates in the power T&D space, as well as the company’s largest order till date in its buildings & factories (B&F) line of business, KPIL said in a release. (June 9, 2025)
Power Grid Corporation of India Ltd, in a brief stock exchange filing, said that it commissioned a project named “Transmission network expansion in Gujarat to increase ATC from ISTS, Part-C” effective April 3, 2025 and for which the notification of commercial operation was received on June 5, 2025. Among other elements, the project entailed putting up the second circuit (around 44 ckm) of the 400kV double-circuit Banaskantha-Sankhari line in Gujarat. (June 6, 2025)
NTPC Renewable Energy Ltd (NTPC-REL) has commenced commercial operations of the first part capacity of 110.25 MW out of 1,255 MW of its Khavda-I Solar PV project in Gujarat. With this, the total installed and commercial capacity of NTPC Group stood at 80,265 MW as of June 6, 2025. NTPC-REL is a wholly-owned subsidiary of NTPC Green Energy Ltd (NGEL), in turn a subsidiary of NTPC Ltd. (June 6, 2025)
Saatvik Solar Industries Pvt Ltd (SSIPL), a wholly-owned subsidiary of Saatvik Green Energy Ltd (SGEL), on June 5, 2025, hosted the groundbreaking ceremony of its upcoming 4-GW solar PV module manufacturing facility that will be set up over 57 acres of land sub-leased from Tata Steel Special Economic Zone Ltd at Gopalpur in Ganjam district, Odisha. With a current operational manufacturing capacity of around 3.8 GW of modules, SGEL offers mono PERC and N-TopCon modules, apart from EPC and O&M services. (June 6, 2025)
RIR Power Electronics Ltd has announced the successful production expansion and shipment of 1200V SiC diodes from Taiwan. This milestone was achieved through a strategic collaboration with a contract fab at Pro Asia Semiconductor Corporation (PASC), Taiwan and by leveraging technology IP that RIR Power had acquired from Sicamore Semi, USA. The product portfolio includes 1200V Schottky Barrier Diodes (SBDs) ranging from 2A to 60A, addressing the most common ratings used across multiple applications and markets globally. Besides serving existing domestic Indian and the USA customers, shipping from Taiwan also provides improved access to strategic high-growth markets for SiC devices in the South East Asian region, a release from RIR Power Electronics noted. (June 5, 2025)
Serentica Renewables has announced the successful financial close of its second external commercial borrowing (ECB) financing. The company has secured over $100 million in debt financing from global financial institutions Rabobank and SociétéGénérale to support the development of a 300-MW solar power project in Rajasthan that has been designed to supply green energy to Bharat Aluminium Company Ltd, a Vedanta Group company. (June 5, 2025)
KEC International Ltd has reported the winning of diverse orders valued at Rs.2,211 crore taking its FY26 cumulative order inflow to over Rs.4,200 crore. The new mandates include a large order to build 380kV transmission lines in the Kingdom of Saudi Arabia, apart from supply of power transmission hardware to the Americas. (June 4, 2025)
Mumbai Rail Vikas Corporation Ltd has awarded a contract worth Rs.122.31 crore to Texmaco Rail & Engineering Ltd for design, supply, construction, installation, testing and commissioning of traction transformers and associated works for Western Railway. The contract is scheduled to be executed in 30 months, Texmaco said in a stock exchange notification. (June 4, 2025)
Rajesh Power Services Ltd, in a stock exchange communication, said that it has emerged L1 bidder for three turnkey contracts in Gujarat for supply, installation, testing and commissioning of 11kV medium voltage covered conductor (MVCC) at various locations. All the three contracts relate to those of state discom Madhya Gujarat Vij Company Ltd. The formalization of the contracts (letter of intent or letter of award) is awaited, the filing said. (June 4, 2025)
Servotech Renewable Power System Ltd has won an order for building a 7.8-MW grid-connected solar rooftop project. Placed by the Rangiya Division of the Northeast Frontier Railway, the order, valued at Rs.33.60 crore, also includes a comprehensive five-year annual maintenance contract (AMC)/comprehensive AMC for various buildings within the Rangiya Division, a release by Servotech said. (June 4, 2025)
Waaree Renewable Technologies Ltd (WRTL) has secured an EPC order for a 300 MW AC / 435 MW DC ground-mounted solar photovoltaic project in Bikaner, Rajasthan. The order, valued at over Rs.345 crore, was awarded by an undisclosed domestic RE generator. Scheduled to complete within FY26, the order includes engineering, procurement, construction, testing, and commissioning of the solar plant, along with the development of a 33/220kV pooling substation. The project will also feature advanced robotic cleaning systems to ensure high performance and reduce long-term O&M costs, a release by WRTL said. (June 3, 2025)
Torrent Power Ltd has signed a long-term Sales and Purchase Agreement (SPA) with BP Singapore Pte. Limited, a subsidiary of global integrated energy company bp, for supply of up to 0.41 MMTPA of LNG from 2027 to 2036. The LNG procured under this agreement will be strategically utilized by TPL, including to operate its 2,730-MW combined cycle gas-based power plants in India, and will will also support the Torrent Group’s city gas distribution (CGD) business, a release from Torrent Power said. (June 3, 2025)
May 2025
Prime Minister Narendra Modi, on May 30, 2025, laid the foundation stone of NTPC’s Nabinagar STPP, Stage-II (3×800 MW), worth over Rs.29,948 crore, in Aurangabad district of Bihar. This project, based on ultra-supercritical technology, will supply affordable and reliable power to Bihar and other beneficiary states, which include Rajasthan, Uttar Pradesh, Odisha, West Bengal, and Punjab. (May 31, 2025)
Delton Cables Ltd, in a release, said that its order book, as of March 31, 2025, was Rs.300 crore, around 85 per cent of which was from the EPC segment where margins are relatively better. The company also expects to commission its new plant for telecom cables at Prithla in Haryana by end-June 2025, the release said. (May 31, 2025)
REC Power Development & Consultancy Ltd (RECPDCL), on May 28, 2025, incorporated a wholly-owned subsidiary “Robertsganj Power Transmission Ltd” that would act as a project SPV for an ISTS-TBCB scheme “Transmission system for evacuation of power from pumped storage projects in Sonbhadra district, Uttar Pradesh” for which RECPDCL is the bid process coordinator. The SPV will be formally transferred to the winning developer selected under the TBCB mechanism. (May 30, 2025)
SAEL Solar MHP1 Pvt Ltd, a subsidiary of clean energy company SAEL Industries Ltd, has secured a debt finance amounting to of $132 million from three global financial institutions — Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and SocieteGenerale — for development of a solar power project in Andhra Pradesh awarded through a competitive auction conducted by SECI. SAEL currently has a portfolio of 6.5+ GW of solar IPP projects, including both operational and under-development assets across India. (May 30, 2025)
Advait Energy Transitions Ltd has received an order valued at nearly Rs.50 crore from Gujarat state discom Dakshin Gujarat Vij Company Ltd (DGVCL). The order, to be completed in 15 months, involves supply, installation, testing and commissioning of 11kV 55 sqmm AAAC medium voltage covered conductor (MVCC) with its accessories in DGVCL’s jurisdiction area, under the Gujarat state government’s tribal area development scheme Vanbandhu Kalyan Yojana (VKY-2). Poles and pole accessories required for this project will be supplied by DGVCL. (May 29, 2025)
Indian Metals & Ferro Alloys Ltd (IMFA) has signed a 25-year power purchase agreement (PPA) with AMPIN Energy Utility One Pvt Ltd. Under the terms of the PPA, IMFA will source 40 MW of contracted demand through a hybrid renewable energy solution, comprising 58 MW AC of solar and 58 MW of wind capacity. This partnership is expected to significantly reduce IMFA’s carbon footprint, a release by IMFA said. (May 29, 2025)
Hitachi India Pvt Ltd (Hitachi India) has announced the appointment of N. Venu as the company’s Managing Director, effective June 2, 2025. This new role will be in addition to N. Venu’s existing role as Managing Director & CEO, Hitachi Energy India Ltd, and Region Head of South Asia at Hitachi Energy. As the Managing Director of Hitachi India, N Venu will focus on expanding Hitachi’s legacy in India in line with Hitachi Group’s new management plan — Inspire 2027, a release from Hitachi India said. (May 29, 2025)
Sterling and Wilson Renewable Energy Ltd (SWREL) has announced that it has emerged as L1 bidder in a tender of a leading unnamed PSU developer for a turnkey EPC package for development of a 225-MW (AC) grid-connected solar PV project in Gujarat. This marks the company’s first domestic order in the current fiscal year FY26, SWREL said in a release. (May 29, 2025)
SolarEdge Technologies has announced the inauguration of a new state-of-the-art R&D and Technology Center in Bengaluru. The facility is designed to support advanced research, product development, and technical operations, further enhancing SolarEdge’s ability to serve the growing Indian PV sector. The center will also house expanded support and engineering teams, reinforcing the company’s dedication to providing localized expertise and solutions, a release from SolarEdge Technologies said. (May 29, 2025)
Jost’s Engineering Company Ltd in a stock exchange filing said that it has received a letter of intent from Transmission Corporation of Andhra Pradesh Ltd for supply of 21 numbers of 12kV Automatic Capacitance & Tan Delta test kits. Valued at around Rs.6.19 crore, the order is scheduled to complete within four months. (May 28, 2025)
Continental Petroleums Ltd (CPL) has received a letter of intent from Jaipur Vidyut Vitran Nigam Ltd. (JVVNL) for development of power distribution infrastructure involving segregation of 11kV mixed feeders at Jhalawar in Jaipur, Rajasthan, under RDSS. The EPC order, valued at Rs.32.64 crore, is scheduled for completion in 16 months, CPL said in a stock exchange notification. (May 26, 2025)
Madhya Pradesh Power Transmission Company Ltd (MPPTCL) achieved its highest-ever transmission availability rate of 99.47 per cent in FY25, bettering the target of 98 per cent set for the year by Madhya Pradesh Electricity Regulatory Commission (MPERC). The metric also saw an improvement from 99.42 per cent in FY4, the state transmission utility said in a release. (May 26, 2025)
Nuberg EPC and EDL Anlagenbau Gesellschaft mbH (a Poerner Group Company) have signed a technical collaboration agreement (TCA) to explore engineering and sustainable development opportunities across industries including fuel oil refineries, petrochemical industries & sustainable process technologies to accelerate technological excellence and environmental responsibility. The TCA aims to facilitate active engagement between both companies to contribute to a clean and sustainable future. Besides green hydrogen, derivatives such as green ammonia, green methanol and sustainable aviation fuels will also be considered, a release from Nuberg EPC said. (May 23, 2025)
Salzer Electronics Ltd has secured a work order from civic body Bruhat Bengaluru Mahanagara Palike (BBMP) involving installation of a Centralized Control & Monitoring System (CCMS) for street lights, along with the replacement of existing conventional streetlights with energy-efficient LED lamps, across the East Zone and part of the Bommanahalli Zone of BBMP. Valued at Rs.192 crore and scheduled to complete in eight months, the project will be executed in consortium with Schnell Energy Equipments Pvt Ltd. (May 22, 2025)
Power & Instrumentation (Gujarat) Ltd [PIGL] has won an order from Niyati Engineering & Construction Pvt Ltd for design, supply, installation, testing, commissioning and handing over of power supply system at the Udaipur Air Terminal in Rajasthan. The order worth Rs.24.77 crore is scheduled to complete in six months, PIGL said in a stock exchange filing. (May 22, 2025)
REC Ltd has successfully raised Rs.5,635 crore through private placement of bonds. The offering included Rs.3,000 crore through 2-years, 8-month bonds at coupon of 6.52 per cent and Rs.2,635 crore through 10-year, 11-month bonds at coupon of 6.81 per cent. The bond issuance witnessed an overwhelming response from market participants and the bonds have been assigned a “AAA” rating by prominent credit rating agencies, REC said in a release. (May 21, 2025)
Madhya Pradesh Power Transmission Company Ltd (MPPTCL) recorded all-time low transmission losses of 2.60 per cent in FY25, bettering the target of 2.77 per cent set by the Madhya Pradesh Electricity Regulatory Commission. In FY23 and FY24, such losses stood at 2.61 per cent. A release by MPPTCL observed that this reduction in losses was possible due to MPPTCL’s adoption of advanced technologies like the SCADA system, as well as continuous monitoring of power grids and ensuring timely maintenance. (May 21, 2025)
Adani Renewable Energy Fifty-Seven Ltd, wholly-owned stepdown subsidiary of Adani Green Energy Ltd (AGEL) has operationalised incremental solar power project of 187.5 MW at Khavda, Gujarat. With this, AGEL’s total operational renewable generation capacity has increased to 14,528.4 MW. The said plant will be put into commercial operations on May 22, 2025, AGEL said in a stock exchange notification. (May 21, 2025)
The first-ever installation and energization of the ACCC® Daman Conductor for Gujarat Energy Transmission Corporation Ltd (GETCO) was recently completed. Executed in the Amreli Zone of Gujarat, the project involved reconductoring several key 66 kV lines—namely the Machiyla–Malviya Pipariya line, the Bhingrad–Lath line, and the Dhasa–Bhingrad line—originally equipped with traditional ACSR Dog conductors. The ACCC® Daman Conductor, manufactured by Sterlite Power, features a 4.83 mm ACCC composite core by CTC Global. Advait Energy Transitions Ltd, the EPC contractor, completed in the reconductoring in 67 days, a release said. (May 19, 2025)
KEC International Ltd has secured power T&D-related orders worth Rs.1,133 crore. These orders include a ±800 kV HVDC transmission line and a 765kV GIS substation, placed by Power Grid Corporation of India Ltd (PGCIL) and a 400kV quad transmission line mandate by an unnamed private developer. (May 19, 2025)
Marsons Ltd has received an order from Madhyanchal Vidyut Vitran Nigam Ltd for the supply of 56 units of 33/11kV, 10 MVA power transformers. The order worth Rs.52.36 crore (inclusive of GST) is scheduled to complete between 6-8 months, Marsons said in a stock exchange communication. (May 19, 2025)
Quality Power Electrical Equipments Ltd has been awarded a four-year framework agreement by a leading Israeli company for the phased supply of 161kV high-voltage coil products. Execution of the contract, valued at around Rs.20 crore, will start in Q3FY26 and continue through FY30. This order also marks the inclusion of coupling capacitors manufactured by Mehru Electrical & Mechanical Engineers Pvt Ltd—a recently acquired subsidiary of Quality Power. (May 17, 2025)
Waaree Renewable Technologies Ltd has received a letter of award from an unnamed renewable energy generation company for design, engineering, procurement, and construction of 94 MW AC Solar PV plants across multiple locations under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0 in Maharashtra. The total value of the project is Rs.114.22 crore. (May 16, 2025)
PURE, a leading brand in energy storage products in India, has announced a strategic partnership with Canada-based Charge Power Inc that will facilitate PURE’s entry into the Canada and the United States of America energy storage market with its comprehensive suite of products in residential, commercial and grid scale applications. The partnership will introduce PURE’s advanced energy storage product line to consumers in Canada and the United States through a co-branding arrangement. (May 16, 2025)
Advait Greenergy Pvt Ltd, a subsidiary of Advait Energy Transitions Ltd, has accepted various purchase orders for project EPCC work-design, engineering, supply, testing for 67.5 MWp Solar ground-mounted including material supplies, BOS and various services at Khavda in Gujarat. The orders, valued at Rs.129.39 crore and scheduled to complete in six months, were placed by KPI Green Energy Ltd, a stock exchange filing by Advait Energy Transitions said. (May 16, 2025)
Alpex Solar Ltd, in 70 per cent consortium with NVNR Power & Infra Ltd, has secured a Rs.349.99-crore order from Central Mine Planning and Design Institute Ltd (CMPDIL), a subsidiary of Coal India Ltd. The project encompasses the design, engineering, procurement, supply, construction, fabrication, erection, installation, testing, and commissioning of a grid-connected ground-mounted solar power plant at Nandan Washery, Kanhan area, under Western Coalfields Ltd (WCL). The consortium will also construct a 32kV double-circuit transmission line from the main control station to the feeding substation, along with requisite bay extension works. (May 15, 2025)
Senvion India has announced the conversion of its previously conditional agreement with Continuum Green Energy for the 4.2M160 wind turbine generator (WTGs). Originally signed in September 2024, the conditional order included 50 confirmed turbines and an additional 50 optional turbines, all of which are now fully committed. The order value for 100 units adds up to a total capacity of 420 MW. With deliveries set to begin in April 2026, the turbines will be deployed and installed across project sites, identified by Senvion and developed by Continuum. (May 15, 2025)
Kalpataru Projects International Ltd, along with its international subsidiaries, has secured new orders worth Rs.2,372 crore that include power T&D-related orders in India and abroad, the company said in a stock exchange filing. (May 15, 2025)
Advait Energy Transitions Ltd has been awarded a Rs.86.14-crore contract (excluding taxes) by Power Grid Corporation of India Ltd PGCIL). To be completed in 12 months, the contract pertains to the “Supply of Goods for Package OPGW-04” entailing supply and installation of optical ground wire (OPGW) and communication equipment across various transmission lines across India. (May 15, 2025)
Adani Renewable Energy Fifty Six Ltd, a subsidiary of Adani Green Energy Ltd (AGEL), operationalized incremental capacity of 50 MW at its solar power project at Khavda in Gujarat. With this, the total operational capacity of AGEL has increased to around 14,341 MW. (May 14, 2025)
KEC International Ltd has announced the winning of orders worth Rs.1,034 crore across its various businesses – power T&D, civil and cables. The power T&D orders include KEC’s first-ever order in the STATCOM segment, placed by an unnamed global OEM in India. “Our T&D business has achieved a major milestone by securing its first ever order in the STATCOM segment, representing a strategic advancement in the substation value chain,” noted Vimal Kejriwal, MD & CEO, KEC International Ltd in a company release. (May 12, 2025)
Adani Power Ltd has won a tightly contested bid to supply 1,500 MW (net) of thermal power to Uttar Pradesh. As part of the contract, the company will supply power at a tariff of Rs.5.383 per unit from a greenfield 2×800 MW (1,500 MW net) ultra-supercritical power plant to be set up under the DBFOO model in the state, with an investment of around $2 billion. (May 12, 2025)
Reliance NU Energies Pvt Ltd, a subsidiary of Reliance Power Ltd, has secured an allocation of 350 MW of solar generation capacity coupled with 175 MW/700 MWh of battery energy storage system (BESS) in an auction by SJVN Ltd. The company’s total clean energy pipeline now stands at 2.5 GWp solar and over 2.5 GWh BESS, making it India’s largest player in the integrated Solar + BESS segment, a release by Reliance Power said. (May 12, 2025)
Adani Group and Druk Green Power Corporation (DGPC) of Bhutan have signed an MoU to jointly develop 5,000 MW of hydropower projects in Bhutan. This MoU builds on the ongoing partnership for the 570/900 MW Wangchhu hydropower project, in which DGPC will hold a majority 51 per cent stake and Adani will hold 49 per cent. The broader 5,000-MW initiative will encompass additional hydropower and pumped storage projects to be identified, detailed project reports prepared, and taken forward for implementation in phases, a release from Adani Group said. (May 9, 2025)
KSB Ltd announced that it has won an order from its parent company KSB SE & Co. KGaK, Germany (also known as KSB SE, Germany) for the supply of eight critical safety Class-2 pumps that will be used for two units (Unit 5 and Unit 6) of a newly-constructed nuclear power plant in Europe. This is the first large export order of nuclear pumps for KSB Ltd, the company said in a stock exchange filing, without giving details on the order value. (May 9, 2025)
Star Delta Transformers Ltd has received an order valued at Rs.61.99 crore from Madhya Pradesh Madhya Kshetra Vidyut Vitaran Nigam Ltd, related to supply, installation and commissioning of new 11kV lines, LT line on aerial bunched (AB) cable, distribution transformers, feeder separation, etc. The order, to be completed in 24 months, is part of a feeder separation project envisaged under the Revamped Distribution Sector Scheme (RDSS). (May 8, 2025)
Ampvolts Ltd has signed an MoU with Mecpower Solutions Ltd aiming to advance green mobility solutions by leveraging the synergies of both organizations to develop sustainable and robust EV charging infrastructure in India. As part of the agreement, Ampvolts will identify strategic locations for bulk EV charging stations and serve as the front-end partner for key projects. The company will also ensure the provision of necessary resources, like support, and the development of sustainable green mobility solutions. (May 8, 2025)
Advait Energy Transitions Ltd, in a stock exchange communication, said that it has received a Rs.7.43-crore order from Gujarat BESS Pvt Ltd for supply, erection, testing and commissioning of for the 180 MW/360 MWh BESS project (AC side) at Sanand in Gujarat. The order is scheduled for mechanical completion by November 30, 2025 and for final charging by December 23, 2025, Advait Energy said. (May 8, 2025)
Solex Energy Ltd has won a major order from KPI Green Energy Ltd for the supply 310 MW of N-Type TOPCon 615Wp Glass-to-Glass (G12R) solar PV modules, valued at Rs.451.41 crore. Delivery of the modules that will be used in KPI Green Energy’s GUVNL projects, part of its own IPP portfolio, will commence from September 2025 onwards. (May 7, 2025)
NLC India Renewables Ltd (NIRL), a wholly-owned subsidiary of NLC India Ltd, on May 6, 2025, signed a power purchase agreement (PPA) for its upcoming 810-MW solar power project with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RUVNL). The solar power project, coming up at Pugal Solar Park in Bikaner district of Rajasthan, is expected to generate around 2 billion kwh of electricity annually. (May 7, 2025)
Powerica Ltd has placed an order on Senvion for 17 wind turbine generators, totaling 52.7 MW, for a wind project in Gujarat. Deliveries are scheduled to begin in Q3 of FY26. This project marks the first commercial deployment of Senvion’s new 3.1M130 turbine, recently listed in MNRE’s Revised List of Models & Manufacturers. With a 130m rotor, advanced controls, and over 80 per cent localisation, the 3.1M130 is purpose-built for land-constrained sites, offering high performance in compact project layouts, a release by Senvion said. (May 6, 2025)
Panasonic Life Solutions India Ltd reaffirmed its strong and continued commitment to India’s growing solar energy sector. This announcement comes in the backdrop of Panasonic North America’s decision to discontinue its solar and battery storage business line. The company clarified that the North American business restructuring will have no impact on its India solar operations. The company remains fully committed to the Indian market, where it continues to see tremendous potential for solar energy as a critical enabler of the country’s clean energy transition, a company release said. (May 6, 2025)
Power & Instrumentation (Gujarat) Ltd [PIGL] has announced the winning of an order worth Rs.21.40 crore from Niyati Engineering & Construction Pvt Ltd. The order relates to design, supply, installation, testing, commissioning and handing over of power supply system at Udaipur air terminal in Rajasthan, PIGL said in a stock exchange filing. (May 5, 2025)
Madhya Pradesh Power Transmission Company Ltd (MPPTCL) has successfully constructed and energized two new 132kV circuits at the 132kV Madhotal (Rimjha) substation, taking the total number of such circuits to four. With the result, the Madhotal substation will now receive electricity from Jabalpur and Panagar-based 220kV substations through four 132kV circuits using double circuits. This will ensure uninterrupted power supply at Madhotal even during maintenance or technical faults in any one feeder, a release by MPPTCL said. (May 3, 2025)
Rulka Electricals Ltd has announced new confirmed orders aggregating Rs.11.06 crore across various projects. These contracts include electric work, fire system work, DG work, upgradation work, and LPS works in the warehouse segment across Karnataka, Gujarat, Maharashtra, Goa, and Telangana. With these new orders, the company’s total order book stands at Rs.87 crore. The projects range from warehouse to theatre developments and will be executed within 6-18 months, the company said in a release. (May 2, 2025)
JSW Neo Energy Ltd has signed Pumped Hydro Storage Power Procurement Agreement (PHSPPA) with Uttar Pradesh Power Corporation Ltd. (UPPCL) for procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage. The PHSPPA is for supply of energy storage capacity for a period of 40 years where the company will be entitled to receive a fixed capacity charge of Rs.77.2 lakh per MW per year. The project, located at Sonbhadra district, Uttar Pradesh will be capable of a scheduled discharge of 8 hours (with maximum continuous 6 hours) per day. The project is expected to be commissioned in next 6 years. (May 2, 2025)
Senvion India has secured a repeat order from KP Energy Ltd for 20 wind turbine generators (WTGs) of its 4XM platform, the 4.2M160 turbine. The turbines will be installed in the Bharuch district of Gujarat, with deliveries in Q4FY26. The scope includes supply and supervision, along with a comprehensive O&M contract. This 84 MW project will mark one of the early commercial deployments of the 4.2 M160—Senvion’s largest turbine offering—designed to deliver high energy yields in low wind conditions and optimised for diverse Indian site realities, a release from Senvion India said. (May 2, 2025)
NTPC Green Energy Ltd (NGEL) announced that based on the certificate dated April 30, 2025 issued by Gujarat Energy Development Agency (GEDA), the third and last part capacity of 60 MW out of 150 MW Gujarat Solar PV Project of NTPC Renewable Energy Ltd, a wholly owned subsidiary of NGEL, awarded under GUVNL/500 MW/Solar (Phase XII) tender, declared commercial operation on April 16, 2025. The first part of 60 MW and second part of 30 MW began commercial operation in July 2024 and December 2024, respectively. (May 2, 2025)
Diamond Power Infrastructure Ltd (DIPL) has announced the winning of new orders worth Rs.71.46 crore, from Adani Electricity Mumbai Ltd (AEML). With an estimated completion timeframe of 24 months, this DAP (delivered-at-place) involves supply of various LT (low tension) cables that will be used in AEML’s Mumbai power distribution business. (May 1, 2025)
April 2025
Azad Engineering Ltd, on April 29, 2025, inaugurated its new lean manufacturing facility at Azad’s Centre for Excellence & Innovation Centre at Tunikibollaram, Hyderabad. This facility is designed to meet capacity commitments to GE Vernova’s steam power services. This newly inaugurated facility is part of Azad Engineering’s broader strategy to create manufacturing capacity to meet the needs of key global OEM partners, a company release said. (April 29, 2025)
REC Ltd has raised Rs.5,000 crore through the issuance of bonds. The offering included Rs.3,000 crore through 5-year bonds at coupon of 6.87 per cent and Rs.2,000 crore through 10-year bonds at coupon of 6.86 per cent. The bond issuance witnessed an overwhelming response from market participants, reflecting strong investor confidence in the company’s robust financial position and growth prospects, REC said in a release. (April 29, 2025)
Central Electricity Regulatory Commission (CERC), in a recent order, approved the change in company name of “Patran Transmission Company Ltd,” a subsidiary of IndiGrid Infrastructure Trust, to “Patran Transmission Company Pvt Ltd.” (April 29, 2025)
Power Grid Corporation of India Ltd (PGCIL), in a stock exchange communication, said that the 85-MW solar PV plant at Nagda in Ujjain district of Madhya Pradesh, set up by PGCIL’s wholly-owned subsidiary Powergrid Energy Services Ltd, was put into commercial operations effective April 24, 2025. (April 25, 2025)
Bharat Heavy Electricals Ltd (BHEL) announced that Uday Shankar has been appointed as the new Head of BHEL, Power Sector – Eastern Region (PS-ER), Kolkata, effective April 25, 2025. In another related development, Arumoy Mukherjee, Executive Director (PS-ER), BHEL, superannuated from the company’s service on April 24, 2025, BHEL said. (April 25, 2025)
Gujarat Industries Power Company Ltd, in a stock exchange filing, said that it commissioned, on April 24, 2025, the first phase of 25 MW of its group captive solar power plant with total capacity 75 MW, at Vastan in Surat district, Gujarat. The solar plant is located on reclaimed land of GIPCL’s Vastan lignite mine and is intended to supply power to the promoters of GIPCL. (April 24, 2025)
Vikram Solar Ltd has received an order from state power utility Maharashtra State Power Generation Co. Ltd (Mahagenco). The order involves supply of 150 MW of advanced N-Type modules to be deployed in projects under “Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0,” located in the Jalgaon and Solapur districts of Maharashtra. (April 23, 2025)
Suzlon has received a mandate from NTPC Green Energy Ltd (NGEL) to supply 120 S144 wind turbine generators with hybrid lattice towers (HLT) each with a rated capacity of 3.15 MW, and also undertake foundation, erection, and commissioning for the project located at Gadag in Karnataka. This is the second order from NGEL in less than eight months, and has taken the total NGEL order size to 1544 MW, Suzlon said. (April 23, 2025)
The Union power ministry conveyed the appointment of Jitendra Srivastava, IAS, Joint Secretary, Department of Drinking Water and Sanitation, Ministry of Jal Shakti as Chairman & Managing Director (CMD) of REC Ltd with effect from April 22, 2025. Further, on appointment of Jitendra Srivastava as CMD, REC, Ms Parminder Chopra, CMD, Power Finance Corporation Limited who had been given the additional charge of CMD, REC has ceased to be CMD of the company with effect from April 22, 2025, REC said in a stock exchange filing. (April 22, 2025)
H.G. Infra Engineering Ltd has been declared as qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for setting up 300 MW/600 MWh standalone battery energy storage system (BESS) under global tariff-based competitive bidding. The project will be set up in 24 months. GUVNL had invited bids for a total of 500 MW/1,000 MWh of BESS in Gujarat, with viability gap funding (VGF) support. This was GUVNL’s fourth such BESS-related tender. (April 22, 2025)
Tata Power Renewable Energy Ltd (TPREL) and Tata Motors Ltd have signed a power purchase agreement (PPA) to co-develop a 131-MW wind-solar hybrid renewable energy project that is set to generate approximately 300 million kwh of clean electricity annually. Enabled through co-investment and a long-term PPA, this integrated wind-solar hybrid solution will provide a reliable supply of green, cost-effective energy exclusively to Tata Motors’ six manufacturing facilities in Maharashtra and Gujarat, supporting the production of both commercial and passenger vehicles. (April 21, 2025)
Panasonic Life Solutions India has announced the appointment of K V S Sanjay as Vice President and Head of the Solar and Electric Vehicle (EV) Charging Business. With over 25 years of experience across the solar energy and telecom sectors, he has held leadership roles at major organizations such as Reliance, Luminous, Tata, and Airtel, where he led key projects in renewable energy and infrastructure development. In his new role, Sanjay will lead the strategic growth and operations of Panasonic’s Solar and EV Charging business in India and select global markets, a release by Panasonic Life Solutions India said. (April 21, 2025)
Inox Wind Ltd announced that the execution of the 990-MW turnkey order out of the 1,500 MW framework agreement signed is in full swing across multiple locations in the states of Gujarat, Rajasthan and Madhya Pradesh. IWL has received all the advances related to these projects and commissioning is expected in phases from FY26 onwards. This order from Purvah Green Pvt Ltd, a subsidiary of CESC Ltd, is the single largest wind order awarded by an IPP in India to any wind OEM, Inox Wind said in a release. (April 21, 2025)
Vadodara-based Viviana Power Tech Ltd, in a regulatory filing, said that its subsidiary Aarsh Transformers Pvt Ltd has received an order valued at around Rs.65.87 crore from Dakshin Gujarat Vij Company Ltd, a state-owned discom in Gujarat. No further details on the order were provided. (April 17, 2025)
Suzlon has secured a 100.8-MW EPC wind power order from Sunsure Energy, marking their maiden foray into wind energy. The project is set to be executed in Maharashtra’s Jath region. Under this agreement Suzlon will supply 48 units of its S120 wind turbine generators (WTGs) with hybrid lattice towers (HLT), each rated at a 2.1 MW capacity. It will supply the wind turbines, oversee equipment installation, and execute the project, including erection and commissioning, while providing comprehensive O&M services post-commissioning. (April 17, 2025)
Energy Efficiency Services Ltd (EESL) has launched its first solar powered micro cold storage unit in Himachal Pradesh, supported by the Asian Development Bank (ADB). This pilot marks the first step in a larger plan to roll out similar units across Andhra Pradesh, Rajasthan, Uttar Pradesh, and Odisha, with the goal of creating a pan-India model to address post-harvest losses and strengthen farm-level infrastructure, a release by EESL said. (April 16, 2025)
Quality Power Electrical Equipments Ltd has an order worth Rs.19.70 crore from an undisclosed client for the supply of reactors that will be used in flexible AC transmission systems (FACTS) – a power transmission system that supports renewable energy integration into the grid. This is the second consecutive order from the same client within a span of four months, and is expected to be delivered in 15-18 months, the company said. (April 15, 2025)
Transrail Lighting Ltd has announced the winning of new orders worth Rs.1,085 crore in the domestic market. “We are pleased to begin the financial year with this new order in our core T&D segment. This addition reinforces our position in the market and aligns with our strategic focus on continued growth. We remain committed to maintaining operational excellence and ensuring timely project delivery,” said Randeep Narang, MD & CEO, Transrail Lighting Ltd. (April 15, 2025)
Power & Instrumentation (Gujarat) Ltd [PIGL] announced that it has won an order worth Rs.80.24 lakh (inclusive of taxes) from Godrej & Boyce Mfg Co Ltd for 350 MVA power transformer erection, oil filtration, pre-erection test and oil sample test for power transformers at 400kV GIS PSS-2 GPICL, Khavda project in Gujarat. The order is scheduled for completion within a month of the letter of acceptance, PIGL said in a stock exchange filing. (April 15, 2025)
Serentica Renewables has signed a power purchase agreement (PPA) with NTPC Ltd for the supply of 200 MW of firm dispatchable renewable energy (FDRE) to Uttar Pradesh’s distribution companies. The project will utilize hybrid solar, wind, and battery storage assets across multiple states, ensuring on-demand renewable power during the state’s critical morning and evening peak hours. This reliable power supply is expected to reduce the reliance on conventional thermal power, contributing to a greener, more sustainable energy mix for Uttar Pradesh, a release by Serentica Renewables said. (April 15, 2025)
Siemens Energy India Ltd (SEIL) has ceased to be a wholly-owned subsidiary of Siemens Ltd effective April 14,2025, Siemens Ltd said in a regulatory filing. This development follows the allotment of around 35.61 crore equity shares of Rs.2 each to the shareholders of Siemens Ltd as per the scheme of arrangement between Siemens Ltd and Siemens Energy India Ltd. SEIL, it is learnt, is in the process of getting its equity shares listed on stock exchanges. (April 15, 2025)
Premier Energies Ltd and Germany-based RENA Technologies GmbH have entered into a strategic technology partnership focused on process innovation for N-Type solar cells and development of wet chemistry for next-generation tandem solar cell technologies. This landmark collaboration brings together Premier Energies’ large-scale manufacturing capabilities with RENA’s advanced wet chemistry and equipment solutions, Premier Energies said in a release. (April 15, 2025)
Jupiter International Ltd has secured a Rs.500 crore investment from ValueQuest SCALE Fund and its affiliates. The company currently operates at a 1 GW facility in Baddi, Himachal Pradesh and plans to increase the total capacity to 5.6 GW solar cells and 2.4 GW solar modules. The present funding round of Rs.500 crore and internal accruals is proposed to support the company’s ongoing capex program. (April 14, 2025)
Power Grid Corporation of India Ltd (PGCIL) announced that following an order by the Union power ministry, Abhay Bakre, Mission Director, National Green Hydrogen Mission, MNRE, has been appointed part-time director (government-nominee director) on the board of PGCIL, effective April 11, 2025. Further, Lalit Bohra, Joint Secretary, MNRE, has ceased to be government-nominee director on PGCIL’s board, with effect from the same date. (April 12, 2025)
Madhya Pradesh Power Transmission Company Ltd (MPPTCL) in FY25 commissioned 456 ckm of new extra high-tension lines taking the state’s total power transmission network to 42,520 ckm. Further, the state’s total transformation capacity increased to 81,911 MVA as of March 31, 2025, from 79,815 MVA as of corresponding date of 2024. In FY25, MPPTCL energized a total of 46 new power transformers. Currently, MPPTCL transmits electricity through its 417 EHV substations including 14 of 440kV, 88 of 220kV and 315 substations of 132kV. (April 10, 2025)
Schneider Electric and Freyr Energy Services Pvt Ltd have partnered together to accelerate the adoption of smart, energy-efficient, and sustainable solutions for homeowners across the country. As part of this partnership, Schneider Electric will integrate its advanced digital and automation technologies with Freyr Energy’s expertise in rooftop solar solutions. A key focus will be the deployment of Schneider Electric’s Wiser Smart Home system, an intelligent platform that enables homeowners to monitor and optimize their energy consumption in real time. (April 10, 2025)
Otis India has secured a contract to install 65 state-of-the-art Gen2® Nova (metro) elevator systems supplied by its Bengaluru factory for the Patna Metro project, the first in the state of Bihar. Otis will supply, install, and maintain the elevators, which will also be equipped with accessibility features for people with reduced mobility. The Patna metro with two lines will cover around 30 km with 26 stations. (April 10, 2025)
The commercial installed power generation capacity of NTPC Group crossed the 80-GW mark on April 9, 2025.This was achieved when the second part capacity of 90 MW out of the 150-MW Dayapar wind energy project Phase-I at Dayapar, Bhuj, Gujarat, began commercial operations. The Dayapar wind energy project is part of the 450-MW hybrid (wind and solar) project of NTPC-REL, a step-down subsidiary of NTPC Ltd. The operational installed capacity of NTPC Group stood at 80,020 MW, as of April 9, 2025. (April 9, 2025)
Bajel Projects Ltd has announced the appointment of Nitesh Bhandari as its new CFO & Joint President, effective May 1, 2025. Nitesh is a chartered accountant with over 26 years of strong finance experience. Prior to joining Bajel Projects, he was CFO & Executive Director of Gujarat Gas Ltd, a large BSE-listed infrastructure services company, where he led the finance, accounts and investor relations departments, a release from Bajel Projects said. (April 8, 2025)
The Committee of Directors on Bonds of Power Grid Corporation of India Ltd (PGCIL), in its meeting on April 4, 2025, approved the raising of bonds as unsecured, non-convertible/non-cumulative redeemable taxable POWERGRID Bonds-LXXXI (81st) Issue 2025-26, for an amount of up to Rs.6,000 crore, on private placement basis. The issue will have a base size of Rs.1,500 crore with a greenshoe option of Rs.4,500 crore. To be listed on the BSE and NSE, these bonds will be redeemable at par at the end of the 10th year and interest payment on yearly basis, PGCIL said in a stock exchange filing. (April 4, 2025)
Sterling and Wilson Renewable Energy Ltd (SWREL) has announced that it has received two new domestic letter of awards from Private IPPs, and has been declared L1 in a 200 MW AC solar project. The cumulative order value of the three domestic projects combined is around Rs. 1,470 crore including taxes and O&M. The company received its first letter of award for a Wind EPC from a private IPP for a hybrid project in Rajasthan. Scope of work includes EPC of a 69.3-MW wind balance of plant, and 58 MW AC / 75 MWp DC Solar BoS, along with 132kV/33kV pooling substation. Besides, SWREL has achieved L1 for a turnkey solar project of 200 MW AC / 260 MWp DC PV plant in Gujarat from a PSU developer, and has also received a letter of award for a PV plant in Rajasthan, from a domestic IPP. (April 2, 2025)
ANDRITZ has been awarded a GIS package mandate by NHPC Ltd for the latter’s Teesta-V hydroelectric project in Sikkim. The contract, signed in January 2025 but recently announced by ANDRITZ, involves supply, erection, commissioning, and testing of 420kV GIS, 400 kV Pot yard, and 400 kV XLPE cables along with auxiliaries. The contract was won in a competitive bidding process, ANDRITZ said. (April 2, 2025)
Transrail Lighting Ltd has secured a new order worth Rs.240 crore for construction of a transmission line in International market. This order, booked on March 31, 2025, has taken the company’s order inflow in FY25 (April 1, 2024 to March 31, 2025) to around Rs.9,400 crore – Transrail’s highest annual order inflow, the company said in a release. (April 1, 2025)
KEC International Ltd has secured new orders of Rs. 1,236 crores across various businesses, including power T&D, civil, transportation and cables. The power T&D orders include transmission line and substation orders in UAE and Kuwait, as well as a substation mandate from a private TBCB player in India. These orders have taken the company’s order inflow in FY25 to around Rs.24,600 crore, implying a year-on-year growth of 36 per cent. (April 1, 2025)
March 2025
The foundation stone for NTPC’s Sipat-III (1×800-MW) thermal power project in Chhattisgarh was laid at the hands on Prime Minister Narendra Modi, on March 30, 2025. To be set up with an investment of Rs.9,791 crore and with supercritical technology, this project will provide electricity to Gujarat, Madhya Pradesh, Maharashtra and Goa, apart from home state Chhattisgarh. On commissioning, the total capacity at NTPC’s Sipat thermal power station will stand enhanced to 3,780 MW. (March 31, 2025)
The board of directors of Power Grid Corporation of India Ltd (PGCIL), on March 28, 2025, approved an investment of Rs.673.08 crore for procurement of six 397 MVA converter transformers for the Talcher-Kolar HVDC link. The commissioning of these transformers is expected by September 2027, PGCIL said in a stock exchange filing, adding that the investment approval was made under the “Additional Capital Expenditure 2024-29 Tariff Block.” (March 29, 2025)
REC Power Development & Consultancy Ltd, on March 28, 2025, incorporated a wholly-owned subsidiary “Jejuri Hinjewadi Power Transmission Ltd” that will act as a project SPV for development of an intrastate transmission system (InSTS) scheme in Maharashtra, for which the developer will be selected under the TBCB framework with RECPDCL acting as the bid process coordinator. The scheme is termed as “Network expansion scheme in Maharashtra for removal of transmission constraints in Pune region and providing supply to data centre loads.” (March 29, 2025)
Adani Renewable Energy Holding Twelve Ltd, a wholly-owned subsidiary of Adani Green Energy Ltd, has received a letter of award from Uttar Pradesh Power Corporation Ltd (UPPCL) for supply of 400 MW solar power from grid-connected solar PV power project to be developed in Rajasthan, at a tariff of Rs.2.57 per kwh, for a period of 25 years. (March 28, 2025)
S&S Power Switchgear Ltd has received an order valued at over Rs.15 crore from Godrej & Boyce Mfg Co Ltd for the supply of disconnectors of up to 400kV. These will be used for projects of Power Grid Corporation of India Ltd (PGCIL) in Rajasthan and Haryana. Deliveries are scheduled to begin in FY26, S&S said, adding that the company has been a regular supplier to other projects of Godrej & Boyce, including those of Punjab State Transmission Corporation Ltd (PSTCL) and Rajasthan Rajya Vidyut Prasaran Nigam Ltd. (March 27, 2025)
The board of directors of REC Ltd, in its meeting on March 26, 2025, approved a market borrowing programme for FY26 (April 1, 2025 to March 31, 2026) wherein a total of Rs.1,70,00 crore worth of borrowing was approved through a variety of instruments such as domestic bonds/debentures, rupee term loans from domestic lending agencies, external commercial borrowings, short-term loans, commercial paper, etc. (March 26, 2025)
NHPC announced that it has completed trial runs on Unit-3 of 200 MW of its 4×200-MW Parbati hydropower project in Himachal Pradesh on March 26, 2025, thereby completing trial runs on two out of the four units. NHPC expects that by March 31, 2025, trial runs on the remaining two units will be completed. (March 26, 2025)
Ultracab (India) Ltd, in a stock exchange filing, said that it has received an order valued at Rs.9.70 crore from Adani Electricity Mumbai Ltd for the supply of LT PVC cables of various sizes. The order is scheduled to be completed by March 2026, the filing said. (March 26, 2025)
Indian Renewable Energy Development Agency Ltd (IREDA) has raised Rs.910.37 crore through the issuance of Privately Placed Subordinated Tier-II Bonds for a 10-year tenor at an annual coupon rate of 7.74 per cent. The funds raised will enhance IREDA’s Tier-II capital, increasing its Net-worth and Capital to Risk-Weighted Assets Ratio (CRAR), thereby strengthening the company’s ability to support country’s clean energy transition through financing, IREDA said in a release. (March 26, 2025)
NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC Ltd, announced that the third and last part of 100 MW out of the 320-MW Bhaisara Solar PV project of NTPC Renewable Energy Ltd, a subsidiary of NGEL, in Jaisalmer, Rajasthan, started commercial operations on March 20, 2025. This project was awarded under the SECI Rajasthan-Tranche III tender. The first part of 160 MW and the second of 60 MW started commercial operations on August 28, 2024 and January 7, 2025, respectively. (March 25, 2025)
Diamond Power Infrastructure Ltd (Dicabs) has announced the winning of several orders aggregating Rs.214.65 crore from Adani Green Energy Ltd (AGEL). These orders are mainly for the supply of 33kV HT cables but also include few mandates for 3.3kV LT cables, to be deployed at solar and wind projects of AGEL. The supplies are scheduled to complete by January 2026, Dicabs said in a stock exchange filing. (March 24, 2025)
Jindal India Renewable Energy (JIRE) has received the letter of acceptance (LoA) for 300-MW solar plus storage project from NHPC. The project is part of NHPC’s 1,200 MW ISTS-connected solar power projects tender with 600 MW/1200 MW energy storage systems. JIRE has bagged 300 MW of solar power capacity (including 120 MW greenshoe option), on BOO basis, from NHPC at a tariff of Rs 3.09 per kwh. The project will have to be completed within 24 months from signing of the PPA. (March 24, 2025)
Power Mech Projects Ltd has reported the winning of an order valued at Rs.579 crore (excluding GST) for civil, structural and architectural works relating to the upcoming 2×800-MW Koderma Thermal Power Project (Phase-II) of Damodar Valley Corporation, in Jharkhand. The order, placed by Bharat Heavy Electricals Ltd (BHEL) — the EPC contractor of the project, is scheduled to complete in 32 months, Power Mech said in a stock exchange notification. (March 21, 2025)
PFC Consulting Ltd has incorporated two wholly-owned subsidiaries “NES Dharashiv Transmission Ltd” and “NES Navi Mumbai Transmission Ltd” that will act as project special purpose vehicles for intrastate transmission system (InSTS) schemes in Maharashtra that will be developed under the TBCB framework. PFCCL is acting as the bid process coordinator for these two projects. More background information is available in T&D India’s story dated February 28, 2025 (March 21, 2025)
Ms Parminder Chopra, CMD, Power Finance Corporation Ltd, has assumed additional charge as CMD, REC Ltd, effective March 21, 2025, for a period of three months or till further orders, whichever is earlier. The tenure of Vivek Kumar Dewangan, CMD, REC Ltd, ended on March 21, 2025, following an order dated March 20, 2025, by the Union Ministry of Power. (March 21, 2025)
Ultracab (India) Ltd has won orders worth Rs.10.23 crore for supply of LT XLPE cables of various sizes to multiple clients including Western Railway, Jain Irrigation Systems Ltd, Jindal Stainless Ltd, Jindal Coke Ltd, Jindal Ferrous Ltd and GK Energy Marketers Pvt Ltd, Ultracab said in a stock exchange filing. (March 21, 2025)
Diamond Power Infrastructure Ltd (Dicabs) has received an order worth Rs.175.17 crore from Associated Power Structures Ltd for the supply of Al-59 conductors. In a stock exchange communication, Dicabls said that the order, to be fulfilled in six packages, involves supply of 3,569 ckm of Al-59 conductors between May 2025 and November 2025. (March 20, 2025)
Kutch Copper Ltd (KCL), a wholly-owned subsidiary of Adani Enterprises Ltd (AEL), has incorporated a 50:50 joint venture company called “Praneetha Ecocables Ltd” on March 19, 2025, with Praneetha Ventures Pvt Ltd being the JV partner. The new JV will be engaged in the business of manufacturing, marketing, distribution, buying and selling of metal products, cables, and wires, AEL said in a regulatory filing. (March 19, 2025)
Transrail Lighting Ltd has secured new orders worth Rs.1,647 crore, in the power T&D and railway businesses, the company said in a release. These new orders include letters of awards for major T&D projects in the overseas market involving EPC of transmission lines & substations. These orders have taken the company’s cumulative order inflows in FY25 to around Rs.9,200 crore, the company said. (March 19, 2025)
Transformers & Rectifiers (India) Ltd [TARIL] has announced the winning of orders worth Rs.726 crore from Gujarat Energy Transmission Corporation Ltd (GETCO) for the supply of auto transformers and bus reactors. The order is scheduled for completion in 18 months, TARIL said in a stock exchange filing. (March 17, 2025)
Tata Power-led Odisha discoms launched a pioneering initiative, “Nua Arambh” (A New Beginning), designed to provide opportunities for women who have taken a career break and are eager to re-enter the workforce. After a thorough screening and selection process in line with the organization’s recruitment policy, a group of exceptional women candidates have been selected to join the workforce across four discoms in Odisha. These women will now have the opportunity to reintegrate into the workforce and embark on their professional journey once again, a release from Tata Power said. (March 17, 2025)
KEC International Ltd has announced the winning of new diversified orders valued at Rs.1267 crore, taking its cumulative FY25 order inflow (up to around March 16, 2025) to around Rs.23,300 crore. These orders include mandates from Power Grid Corporation of India Ltd (PGCIL) with respect to 800kV HVDC and 765kV AC transmission line orders. The cable business has also secured domestic and international orders for cables and conductors, KEC said. (March 16, 2025)
Delhi Development Authority (DDA) and Convergence Energy Services Ltd (CESL) have signed an agreement to develop electric vehicle (EV) charging and battery swapping stations across DDA sports complexes in the city. As part of the agreement, DDA will provide adequate vacant land at identified locations within its sports complexes. CESL will utilise these sites, spread across Delhi, to establish and operate public charging infrastructure. (March 14, 2025)
HPL Electric & Power Ltd, in a stock exchange filing, said that it has received orders worth Rs.369.90 crore (inclusive of taxes) for smart meters to be supplied to its regular leading customers. These orders will be executed as per the terms and conditions of the purchase order/supply agreement, HPL said without giving further details on the orders. (March 13, 2025)
REC Ltd has signed an MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and financing of pumped storage projects (PSP) in Kerala. Under this agreement, REC intends to finance Rs.18,360 crore in the PSP segment in Kerala over the next five years. The Energy Management Centre is an autonomous organization under the Department of Power, Government of Kerala. (March 13, 2025)
Tata Power has launched ‘Club Enerji Eco Crew’—India’s largest energy literacy movement to create awareness about solar energy usage and promote eco-conscious practices among school students. Eco Crew seeks to reach over 5 lakh students across 1,000 schools in Uttar Pradesh, covering 24 towns, including key locations like Lucknow, Varanasi, Ayodhya, Meerut, Agra and Kanpur. The program is designed to instill a sense of environmental responsibility in students by educating them about the benefits of solar power viz adoption of rooftop solar and sustainable practices, a release from Tata Power said. (March 13, 2025)
CG Power & Industrial Solutions Ltd (CG) has entered into a long-term supply agreement with Kinet Railway Solutions Ltd for supply and servicing of railway products including propulsion kits with motors, transformers and various other items. As part of this agreement, the first purchase order, ranging between Rs.400 crore to Rs.450 crore, has been secured by CG for the supply of railway products for 10 Vande Bharat trainsets. Apart from this purchase order, a separate 35-year service order is also a part of the said long-term agreement, CG said in a stock exchange communication. (March 12, 2025)
Vertiv has announced its partnership with BRIGHT-I Systems Ltd as the exclusive service partner in Bangladesh. BRIGHT-I becomes the first official franchisee partner of Vertiv to service local businesses and organizations for power and thermal products in the country. Under the service arrangement, Vertiv customers across Bangladesh can expect BRIGHT-I Systems to provide end-to-end after-sales service, including installation and emergency and preventive maintenance, a release from Vertiv said. (March 11, 2025)
Schneider Electric Infrastructure Ltd (SEIL) said that it would be increasing its RMU (ring main unit) manufacturing capacity by 25 per cent, taking it to around 32,000 functions. Towards this, the SEIL board approved a capital expenditure plan of around Rs.15.8 crore, which would be met through internal accruals and borrowings. The capacity expansion plan is likely to be completed by end of June 2026. SEIL’s current RMU capacity is around 25,600 functions and is operating at around 90 per cent. The rationale behind the capacity expansion was to meet market demand, SEIL said in a stock exchange communication. (March 10, 2025)
Sterlite, engaged in manufacture and supplying high-performance power conductors, extra-high voltage (EHV), high voltage (HV) and medium voltage (MV) cables and optical ground wires (OPGW), has announced the appointment of Ms Monica Madan as the Chief Financial Officer. She takes over the responsibilities previously held by Parag Jain. Madan has over two decades of experience across Fortune 500 companies, and most recently, she served as the CFO of Schneider Electric Ireland, where she played a key role in driving financial transformation and business growth, a release by Sterlite said. (March 10, 2025)
Inox Wind Ltd (IWL) has bagged a 153-MW order from an unnamed renewable energy developer for the supply of IWL’s 3 MW class turbines for a project being developed in Tamil Nadu. Additionally, IWL will provide limited scope EPC for the project as well as multi-year operations & maintenance (O&M) services post the commissioning of the turbines, IWL said in a release. (March 7, 2025)
Kalpataru Projects International Ltd (KPIL) has announced that the company, along with its international subsidiaries, have secured new orders worth Rs.2,306 crore inclusive of overseas orders in the power T&D segment. These orders have taken KPIL’s consolidated order inflows in FY25 so far to around Rs.22,500 crore, KPIL said in a regulatory filing. (March 6, 2025)
Quality Power Electrical Equipments Ltd has announced the acquisition of 51 per cent equity stake in Rajasthan-headquartered Mehru Electrical & Mechanical Engineers Pvt Ltd, a leading manufacturer of high-voltage instrument transformers for utilities, industries and power transmission networks. Completed at a consideration of Rs.120 crore, this acquisition represents a strategic milestone, aligning with Quality Power’s long-term vision to expand its technological capabilities, USP, manufacturing scale and global market reach. (March 6, 2025)
Bajel Projects Ltd has announced the appointment of Piyush Bansal as “Joint President & Business Head – Power Transmission,” effective March 6, 2025. Bansal brings expertise in project execution and contracts management in renewable energy, transmission, distribution, metro rail, rural electrification and railway electrification projects, a stock exchange notification from Bajel said, adding that prior to this appointment, Bansal was leading the power T&D business at Sterling and Wilson, as its Chief Operating Officer. (March 6, 2025)
RE Technologies GmbH, the global R&D organisation of Senvion India, through a partnership with HASSLACHER Green Tower GmbH, is working to create timber-hybrid towers for its newly launched 4.2M160 wind turbine. The ongoing feasibility study regarding wooden towers will soon be completed. The towers will undergo comprehensive testing on a prototype and receive certifications prior to serialization. (March 6, 2025)
The Odisha and Delhi discoms of Tata Power achieved a significant national recognition as linemen from these utilities were felicitated by the Central Electricity Authority (CEA) on Lineman Diwas 2025 in New Delhi. A special recognition segment honoured four high-performing discoms and five best Linemen. Among the awardees were Ladu Kishore Pradhan from TP Central Odisha Distribution Ltd. and Jai Hind from Tata Power-DDL for their exemplary contributions to power distribution and service reliability. More than 160 linemen and linewomen from over 45 state and private power distribution, generation, and transmission companies across India participated in the event, a release by Tata Power said. (March 6, 2025)
Vikram Solar plans to setup a 1-GWh fully-integrated solid-state cell and battery manufacturing facility with proprietary battery management system (BMS) technology. This facility, initially designed to scale up to 5 GWh, is expected to cater to the growing energy demands of a rapidly evolving global market, a release by Vikram Solar said. (March 6, 2025)
GHV Infra Projects Ltd (formerly, Sindhu Valley Technologies Ltd) has won a Rs.363-crore EPC order from GHV India Pvt Ltd. The order, to be completed in 15 months, entails putting up a 100-MW ISTS solar power project in Gujarat, followed by O&M for a three-year period. (March 5, 2025)
Star Delta Transformers Ltd has entered into a land purchase agreement with a Bhopal-based partnership firm for purchase of 10,000 sqft of land owned by the latter. Located at Sector A, Govindpura Industrial Estate in Bhopal, this land will be used by Star Delta for its future business expansion and capacity addition, the company said in a stock exchange notification, adding that the sale deed was to be executed soon. (March 5, 2025)
Suzlon has secured an order of 204.75 MW from Jindal Green Wind 1 Pvt Ltd under which Suzlon will supply 65 units of S144 wind turbine generators with hybrid lattice towers, each rated at 3.15 MW. The energy generated will be utilized for captive consumption in steel plants located in Chhattisgarh and Odisha. This is the third order for Suzlon from the same customer taking the total order size to 907.20 MW, making it the company’s largest C&I order. (March 4, 2025)
Recyclekaro has announced a major expansion of its operations, increasing its total recycling capacity to 24,000 tonnes annually at its facility in Palghar, near Mumbai. This expansion significantly boosts Recyclekaro’s e-waste recycling capacity from 7,500 tonnes to 24,000 tonnes per year and battery recycling capacity from 4,200 tonnes to 10,000 tonnes per year, a company release said. (March 4, 2025)
Transformers & Rectifiers (India) Ltd [TARIL] has won an order valued at Rs.272 crore from Adani Group for supply of transformers. Besides, TARIL also landed an export mandate of Rs.78 crore to supply transformers to Iraq-based Al Sabha Group and Powerlink Queensland (Australia). All the orders are scheduled to be completed by next fiscal year, FY26, TARIL said in a stock exchange notification. (March 3, 2025)
Advait Energy Transitions Ltd has reported the winning of an order from Parbati Koldam Transmission Company Ltd – owned by IndiGrid Infrastructure Trust – related to emergency restoration system (ERS) for the 2x400kV single-circuit Parbati-Koldam transmission line and the 400kV double-circuit Koldam-Ludhiana transmission line. The order is scheduled for completion in ten months. (March 3, 2025)
REC Ltd has signed an MoU with the Government of Madhya Pradesh at the Global Investors Summit 2025 in Bhopal. Under this agreement, REC has committed to providing financial support of Rs.21,000 crore over the next five years for the development of power sector infrastructure in the state. The investment will focus on strengthening transmission and distribution infrastructure, promoting sustainable energy solutions, and improving overall power reliability for industries, businesses, and households across the state, a release from REC said. (March 2, 2025)
February 2025
GE Power India Ltd (GEPIL) has reported the winning of an additional order worth Rs.273.50 crore from Greenko KA01 IREP Pvt Ltd. The order entails engineering, manufacturing, procurement, supply, installation and testing of electromechanical equipment for one additional unit of 320-MW for the Saundatti pumped storage project (PSP) in Karnataka. The original order, worth Rs.863.40 crore, was placed by the same client for the same project, and was associated with various works corresponding to 1,280 MW of capacity. The original order win was announced by GEIPL in April 2022. (February 28, 2025)
Bisleri International Pvt Ltd has partnered with Schneider Electric’s Sustainability Business to enhance energy efficiency and expand the use of renewable energy. As part of the partnership, up to 13.6 MW of solar power will be installed across six major Bisleri International plants in Maharashtra, Tamil Nadu, Karnataka, and Uttar Pradesh. Bisleri has already deployed rooftop solar panels that generate 2.5 per cent of its energy from renewable sources, an official release said. (February 28, 2025)
Adani Green Energy Twenty Five A Ltd, a wholly-owned stepdown subsidiary of Adani Green Energy Ltd (AGEL) has operationalized incremental 275 MW of solar power capacity at Khavda, Gujarat. With commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 12,258.1 MW (or 12.26 GW), AGEL said in a stock exchange notification. (February 28, 2025)
TP Solar Ltd, a wholly-owned subsidiary of Tata Power Renewable Energy Ltd (TPREL) and a subsidiary of Tata Power, has secured a contract worth Rs.632 crore from Solar Energy Corporation of India Ltd for the supply of 292.5 MWp DCR (Domestic Content Requirement) Solar Modules in Ramagiri, Andhra Pradesh. The project is scheduled for delivery over four months, from October 2025 to January 2026, Tata Power said in a regulatory filing. (February 28, 2025)
The board of directors of UltraTech Cement Ltd, part of the Aditya Birla Group, in its meeting on February 25, 2025, approved capital expenditure of Rs.1,800 crore to be made over the next two years, to support the company’s diversification in the wires and cables business. The proposed entry into this segment of the construction value chain through its Building Products Division, is in line with the company’s strategy to strengthen its position as a comprehensive building solutions provider, UltraTech said in a stock exchange communication. (February 25, 2025)
Jyoti Structures Ltd has announced the winning of an order valued at Rs.389.36 crore (including GST) from Adani Energy Solutions Ltd, to be executed in Maharashtra. To be completed in 18 months, the order involves supply of towers, survey, soil investigation, foundations, erection, stringing, testing and commissioning of 765kV double-circuit transmission Line 1B of Boisar II-Pune III on turnkey basis. (February 25, 2025)
Recyclekaro, engaged in e-waste management and lithium-ion battery recycling, has announced a major expansion of its operations, increasing its total annual recycling capacity to 24,000 tonnes at its Palghar facility, near Mumbai. This expansion boosts Recyclekaro’s e-waste recycling capacity from 7,500 tonnes to 24000 tonnes per year, and battery recycling capacity from 4,200 MT to 10,000 MT per year, a company release said. (February 25, 2025)
WattPower has successfully produced and supplied nearly 15 GW of solar string inverters in just 17 months, a company release said. A key driver of this success is WattPower’s state-of-the-art manufacturing facility in Chennai, established in 2022. With an annual production capacity of 9.9 GW, the facility produces advanced solar string inverters, including the flagship 330KTL model. The plant’s semi-automated assembly line and stringent quality checks ensure each product meets the highest performance and durability standards. Designed for longevity, WattPower’s inverters feature minimal moving parts, ensuring a lifespan of up to 25 years, the release added. (February 25, 2025)
The Committee of Creditors of Vidarbha Industries Power Ltd, a company undergoing Corporate Insolvency Resolution Process (CIRP) under the IBC Code 2016 has approved the resolution plan submitted by Adani Power Ltd (APL). In a stock exchange notification, APL said that it received a letter of intent from the Resolution Professional on February 24, 2025. VIPL owns and operates a 2×300 MW (600 MW) thermal power plant located in MIDC Industrial Area, Butibori, Nagpur, Maharashtra. (February 24, 2025)
NTPC Ltd and EDF India Pvt Ltd (owned by Électricité de France SA) have signed a non-binding term sheet and collaborated to develop (including construction), own, operate and maintain pumped storage project(s) and/or any other hydro power project(s) or Hydro Project(s) bundled with other Renewable Energy projects and explore opportunities in distribution business. Subsequent to the signing of the term sheet on February 23, 2025, NTPC and EDF propose to form a joint venture company with 50:50 partnership after requisite approval from the Government of India. (February 24, 2025)
NTPC Green Energy Ltd (NGEL) and Bharat Light and Power Pvt Ltd (BLP), on February 19, 2025, signed an MoU to address the need for pacing green energy objectives and the GoI’s efforts towards carbon neutral economy. The MoU seeks to jointly explore the off-take of green hydrogen and its derivatives from NGEL and its affiliates to third parties. Opportunities for selling captured carbon or biogenic carbon from NGEL will also be in scope. (February 21, 2025)
Tata Power has embarked on a data-driven transformation with Amazon Web Services (AWS) to accelerate the country’s transition to a greener, smarter, and more consumer-centric energy ecosystem. Tata Power is strengthening operational efficiencies, enhancing grid resilience, and empowering its large consumer base, spread across multiple states, to be active participants in India’s clean energy future and transition to a low-carbon economy. Tata Power has already laid a robust digital foundation by migrating 23 mission-critical applications to AWS using Amazon Elastic Kubernetes Service (EKS), a release from Tata Power said. (February 20, 2025)
Alpex Solar Ltd has secured a Rs.25-crore order from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The order is part of the Magel Tyala Saur Krushi Pump scheme, a key initiative aimed at enhancing agricultural productivity by providing farmers with access to sustainable solar-powered water pumps. As part of this significant contract, Alpex Solar will supply MSEDCL with 2,000 solar water pumps, helping to accelerate the use of clean energy in agriculture across Maharashtra. (February 19, 2025)
Sharika Enterprises Ltd has announced the signing of a joint venture agreement with SPIN Engenharia, a Brazilian company specializing in advanced automation and control systems for the energy sector. The JV aims to leverage the combined technical expertise and market experience of both companies to deliver cutting-edge solutions that enhance efficiency, reliability, and scalability in India’s evolving energy distribution infrastructure. The collaboration marks a significant milestone in the development of India-specific Supervisory Control & Data Acquisition (SCADA) and Advanced Distribution Management & Outage Management System (ADMS), a release by Sharika Enterprises said. (February 18, 2025)
Waaree Renewable Technologies Ltd (Waaree RTL) announced that it has won an order valued at around Rs.40 crore from an undisclosed independent power producer (IPP) for executing a 40 MWh battery energy storage system (BESS) project on EPC basis. The order is scheduled for completion in FY26, Waaree RTL said in a stock exchange filing. (February 13, 2025)
Tata Power Renewable Energy Ltd has signed a non-binding MoU with Oil & Natural Gas Corporation Ltd to explore joint opportunities in the Battery Energy Storage System (BESS) and its value chain. The collaboration aims to jointly explore and identify commercial opportunities across various segments of the BESS value chain, including utility-scale systems, grid stabilization services, renewable energy integration, microgrids, hybrid energy solutions, industrial and commercial storage solutions, backup power, electric vehicle (EV) charging infrastructure, and energy trading through ancillary services. (February 13, 2025)
Suzlon Group has secured a repeat order from Oyster Renewable to supply 64 wind turbine generators (S144 model) with hybrid lattice towers, each with a rated capacity of 3.15 MW, for deployment in Madhya Pradesh. With this latest addition of of 201.6 MW, Suzlon’s partnership with Oyster Renewable has now grown to 283.5 MW in Madhya Pradesh within just nine months, a release from Suzlon said. (February 12, 2025)
Navi Mumbai-headquartered Prostarm Info Systems Ltd announced it has received in-principle approval from Securities & Exchanges Board of India (SEBI) to launch its initial public offering comprising fresh issue of up to 160 lakh equity shares of Rs.10 each, proposed for listing on BSE and NSE. Established in 2008, the company manufactures several power solution products under the Prostarm brand, such as UPS systems, inverter systems, lift inverter systems, solar hybrid inverter systems, lithium-ion battery packs, servo-controlled voltage stabilisers, and isolation transformers. (February 12, 2025)
REC Ltd has signed an agreement with Chenab Valley Power Project Ltd (CVPPL) to provide a term loan of around Rs.2,147.51 crore that will be utilized for the development and construction of the 1,000-MW greenfield Pakal Dul Hydro Electric Project with a total estimated cost of ₹12,669.67 crore. The project is being developed on the Marusadar River, located in the Kishtwar District of the UT of Jammu & Kashmir. (February 12, 2025)
Waaree Group announced that it conducted the ground-breaking ceremony of its proposed advanced alkaline electrolyser manufacturing facility in Valsad, Gujarat, on February 10, 2025. The facility will have an initial production capacity of 300 MW. This diversification plan aligns with India’s National Green Hydrogen Mission, and the proposed plant will cater to green hydrogen requirements of industries such as steel, refining, transportation, fertilizers, chemicals, food, and power generation. (February 11, 2025)
GREW Solar has announced that it would invest Rs.3,000 crore in putting up a manufacturing facility in Madhya Pradesh to produce 3 GW of solar cells annually. The plant is expected to come up on a 60-acre land expanse at Narmadapuram, near Bhopal. Meanwhile, GREW Solar recently started operations at the second unit of the Jaipur plant in Rajasthan, and has also started construction on the third. The total envisaged capacity at Jaipur is 8 GW of solar modules per year. (February 11, 2025)
Waaree Energies Ltd has announced the commencement of commercial production at its 1.4 GW Monocrystalline PERC (Mono PERC) solar cell production line in Chikhli, Gujarat. This marks the first phase of commissioning at India’s largest solar cell manufacturing facility, which has a total planned capacity of 5.4 GW, including 4 GW of high-efficiency TOPCon solar cells to be commissioned in the next phase. (February 11, 2025)
Eastman Auto & Power Ltd, through its subsidiary Eastman New Energy Pvt Ltd. has announced a strategic partnership with MTOW Mobility Pvt Ltd (Urja Mobility) in battery leasing in the electric three-wheeler segment. As part of the collaboration for which an MoU has been signed between the two parties, Urja Mobility has decided to engage Eastman for supplying 20,000+ lithium-ion batteries to execute the battery leasing solution across the country. Eastman will integrate Urja Mobility’s IoT and software solutions into its lithium battery products to enable remote monitoring and analytics, a release from Eastman said. (February 11, 2025)
Ashoka University announced the establishment of the Havells School of Management & Leadership, supported by Havells India. This new institute will complement the university’s current focus on humanities, social sciences, natural sciences, and computer science. Its management and leadership programmes will be fully integrated with Ashoka’s liberal education approach. Havells India has committed Rs.250 crore towards the cause, a company release said. (February 11, 2025)
Gautam Solar announced that two advanced high-speed production lines are currently being installed at its new solar module manufacturing plant at Bhiwani in Haryana. This will enhance total production capacity to 3.2 GWp by March 2025. The newly-commissioned Bhiwani plant is considered to be the biggest module manufacturing plants in the region had has recently helped Gautam Solar surpass 2 GW of solar module capacity. (February 11, 2025)
The Bombay High Court, in its order dated February 6, 2025, has permitted Adani Electricity Mumbai Infra Ltd to cut 209 mangroves for setting up an electricity transmission line near the Vasai creek for the supply of electricity to Mumbai and its suburbs. Adani Electricity Mumbai Infra Ltd, a 100 per cent subsidiary of Adani Electricity Mumbai Ltd, is developing a intrastate HVDC scheme involving 80 ckm of lines and 1,000 MW of transfer capacity, under the regulated tariff mechanism (RTM) route. (February 7, 2025)
Gensol Engineering Ltd announced that it has been awarded a contract by an undisclosed public sector undertaking for the development of a 245-MW solar PV project at the Khavda RE Power Park in Gujarat. Valued at approximately Rs.967.98 crore (inclusive of GST), the contract includes three years of comprehensive O&M services. (February 7, 2025)
Bajel Projects Ltd, in a release, said that it has secured three major orders in January 2025 that have expanded the company’s order book by approximately Rs.940 crore (excluding GST) within a month. Commenting on the development, Rajesh Ganesh, MD & CEO, Bajel Projects Ltd. said, “Securing three major orders in January demonstrates the trust our clients place in our expertise and capabilities. As we continue to expand, we remain focused on operational efficiency, timely execution, and building a resilient organisation.” (February 6, 2025)
Godawari Power & Ispat Ltd (GPIL) said that steel billets manufactured by the company have been approved by Power Grid Corporation of India Ltd (PGCIL) for use by all manufacturers of galvanized steel structures for power transmission projects of PGCIL. Earlier, GPIL used to source billets from other leading steel producers including Steel Authority of India Ltd. GPIL also supplies galvanized fabricated steel structures to PGCIL and it is today the only Indian company that has the entire production value chain from iron ore to finished product. In-house production of steel billets will result in considerable cost savings for GPIL, the company said in a stock exchange filing. (February 6, 2025)
ACME Solar Holdings Ltd has partnered with GREW Solar to execute a prestigious solar power project at Bikaner in Rajasthan. The project utilized GREW Solar’s high-performance Topcon solar modules, manufactured at its state-of-the-art 3 GW production facility near Dudu, Jaipur. With an impressive portfolio of 6.97 GW of renewable energy projects, ACME Solar currently operates 2.54 GW of renewable energy assets, with an additional 4.43 GW under development. (February 5, 2025)
Marsons Ltd has received an order valued at Rs.42.71 crore from Jakson Ltd for supplying 10 MVA, 33/11kV transformers that will be deployed in a project of Maharashtra State Electricity Distribution Company Ltd (MSEDCL) under the Revamped Distribution Sector Scheme (RDSS), in Maharashtra. (February 4, 2025)
The board of Power Grid Corporation of India Ltd (PGCIL), in a meeting held on February 3, 2025, gave investment approval for implementation of LILO of both circuits of the 400kV double-circuit Vindhyachal Pooling Station – Sasan line. The project, estimated to cost Rs.370.02 crore, is scheduled to commission by December 2026, which is 30 months from the effective date. (February 4, 2025)
Senvion India has joined forces with a German wooden wind turbine blade manufacturer, Voodin Blade Technology GmbH to develop and manufacture high-performance wooden wind turbine blades for Senvion’s 4.2 MW wind turbine platform. The partnership will begin with a comprehensive feasibility study to evaluate the technical, economic, and environmental potential of wooden turbine blades, followed by the installation and testing of prototype blades. Voodin Blade Technology GmbH specializes in creating sustainable wood-based wind turbine blades using LVL to enhance performance and reduce environmental impact. Voodin has installed and tested prototype wooden blades in Germany last year. (February 4, 2025)
MP Power Transmission Company Ltd (MPPTCL) has installed and charged a power transformer of 200 MVA capacity at the 220kV Pithampur Sector -III substation in Dhar district. It is the first 200-MVA capacity power transformer in the said district. With this, MPPTCL’s total transformation capacity in Dhar district has risen to 5,414 MVA and that of the state as a whole, to 80,914 MVA, a release by MPPTCL said. (February 3, 2025)
REC Ltd has been awarded ‘Gold Shield’ under the “Financial Services Sector (Other than Banking and Insurance)’ category ‘ICAI Awards for Excellence in Financial Reporting for the financial year 2023-24” category. The recognition reflects the commitment of REC to excel in financial reporting, transparency and adherence to the highest standards of accounting practices. The selection has been made based on the company’s accounting practices, policies adopted for disclosure, presentation of financial statements, other disclosures in the Annual Report and degree of compliance with Indian Accounting Standards, Statutory guidelines and Regulations, a release by REC said. (February 3, 2025)
January 2025
Sharika Enterprises Ltd has announced the winning of solar rooftop and solar carport orders from Central government PSUs like NTPC, NHPC and Power Grid Corporation of India Ltd (PGCIL). These orders aggregating approximately 5 MW of capacity are valued at around Rs.22 crore. Sharika’s scope of works would include supply, installation and maintenance, the company said in a release. (January 31, 2025)
Apraava Energy announced the successful commissioning of its largest wind power project with the capacity of 250.7 MW (comprising 120 numbers of 2.1-MW rated Suzlon WTGs) located at Sidhpurin Devbhoomi Dwaraka district, Gujarat. The project was awarded to Apraava Energy as part of the Tranche VIII wind tender sponsored by Solar Energy Corporation of India (SECI). With this addition, Apraava’s operational wind portfolio now stands at around 1,200 MW. (January 30, 2025)
The board of Exide Industries Ltd has decided to inject Rs.300 crore by way of equity in its wholly-owned subsidiary Exide Energy Solutions Ltd (EESL), Exide said in a stock exchange filing. EESL is setting up a greenfield multi-megawatt lithium-ion cell manufacturing facility in India and the equity infusion is meant to meet EESL’s funding requirement. (January 29, 2025)
Transformers & Rectifiers (India) Ltd has announced the winning of orders worth Rs.362 crore for supply of EHV power transformers from several clients including Power Grid Corporation of India Ltd, KEC International, Adani Energy Solutions Ltd, Torrent Power, among others. The delivery of transformers is scheduled for next fiscal year, FY26. (January 28, 2025)
Jyoti Ltd, in a stock exchange filing, said that it has received a letter of award of Rs.40 crore (exclusive of GST) for design, manufacturing, supply, installation, testing and commissioning of electromechanical works of Handa Barrage hydropower project (approximate capacity: 5×500 kW) located in Madhya Pradesh. The contract, scheduled for completion by January 23, 2027, was placed by Karan Development Services Pvt Ltd. (January 27, 2025)
KEC International Ltd has secured new orders of Rs.1,445 crore with respect to domestic power T&D projects. The orders include those from Power Grid Corporation of India Ltd (PGCIL) for ± 800kV HVDC and 400kV transmission lines. With this, KEC’s cumulative order inflows in FY25 so far have crossed Rs.22,000 crore. (January 24, 2025)
NTPC Renewable Energy Ltd (NTPC REL) has emerged as a successful bidder in an e-reverse auction conducted by NHPC Ltd. Consequently, NTPC REL secured a capacity of 300 MW at a tariff of Rs.3.09 per unit. In line with the Request for Selection (RFS) conditions, the project will include the establishment of an energy storage system (ESS) with capacity of 150MW/300MWh, ensuring enhanced reliability and efficiency of the solar power generation. (January 24, 2025)
Kalpataru Projects International Ltd (KPIL), along with its international subsidiaries, has received new orders worth Rs.2,038 crore, including mandates in the domestic and international power T&D segment. With this, KPIL’s cumulative order inflow in FY25 so far has reached Rs.19,361 crore, the company said in a communication. (January 24, 2025)
ACME Solar Holdings Ltd (ASHL), through its wholly-owned subsidiaries ACME Deoghar Solar Power Pvt Ltd and ACME Phalodi Solar Energy Pvt Ltd, has commissioned the remaining capacity of 47 MW and 39.95 MW, respectively, on January 23, 2025. These two plants, both in Rajasthan, are now fully commissioned to rated capacity of 300 MW each. With this, ASHL’s total operational renewable generation capacity has increased to 2,540 MW. (January 24, 2025)
Suzlon Group has received an order from Torrent Power to supply 162 units of S144 wind turbine generators (WTG) with hybrid lattice towers, each rated at 3 MW, for deployment in the Bhogat region of Gujarat. This 486-MW order has taken Suzlon’s cumulative WTG order inflow from Torrent Power to 1 GW, a release by Suzlon Group said. (January 24, 2025)
Saatvik Green Energy Ltd has been awarded two solar EPC contracts by Himachal Pradesh Power Corporation Ltd (HPPCL). Aggregating 23 MW of installed capacity, these contracts include a 11-MW solar project in Lamlehri Upperli and a 12-MW solar project in Gondpur Bulla, both in Una district. Under the agreement, Saatvik will be responsible for comprehensive designing, supplying, engineering and construction of these projects, the company said in a release. (January 23, 2025)
RPP Infra Projects Ltd has won an order valued at Rs.28.77 crore from Bharat Heavy Electricals Ltd (BHEL) relating to erection, testing and commissioning of air-cooled condenser and associated auxiliaries of Unit-2 of the upcoming 3×800-MW Patratu super thermal power project in Jharkhand. The power project is being developed by Patratu Vidyut Utpadan Nigam Ltd (PUVNL) that is a 74:26 joint venture between a NTPC Ltd and Jharkhand Bijli Vitran Nigam Ltd (JBVNL). (January 23, 2025)
Reliance Power Ltd, in a stock exchange filing, announced the appointment of Neeraj Parakh as the company’s Executive Director and Chief Executive Officer, effective January 20, 2025. The appointment, subject to approval of members of the company’s board, will be valid for a period of three years. Parakh has been associated with the Reliance Group since 2004. (January 21, 2025)
Bondada Engineering Ltd has received a work order valued at Rs.88.49 crore from KPI Green Energy Ltd for BOS (balance of system) items, supply and services for EPCC works at Vagra, Amod and Rajkot solar power plant locations in Gujarat. The order is scheduled for completion in 90 days, Bondada said in a regulatory filing. (January 21, 2025)
Sharika Enterprises Ltd has received an order worth Rs.5.74 crore to be completed in six months from Powergrid Energy Services Ltd, a wholly-owned subsidiary of Power Grid Corporation of India Ltd (PGCIL), to supply and install rooftop solar systems on government buildings and on PGCIL’s buildings in the northern region, under PM Surya Ghar-Mufti Bijli Yojana. (January 20, 2025)
Power Grid Corporation of India Ltd (PGCIL) has acquired 77,30,225 equity shares hitherto held by IL&FS Energy Development Company Ltd (IEDCL) in Cross Border Power Transmission Company Ltd (CPTCL). With this, PGCIL’s shareholding in CPTCL has risen to 42 per cent. Incorporated in December 2006, CPTCL is a joint venture between PGCIL, IEDCL, SJVN Ltd and Nepal Electricity Authority (NEA) to implement the Indian portion of 400kV double-circuit Muzaffapur-Dhalkebar Indo-Nepal cross border power transmission line. (January 20, 2025)
Power & Instrumentation (Gujarat) Ltd has received an order valued at Rs.17.07 crore from A2 Green Energy Pvt Ltd for supply, installation, testing and commissioning of plant and equipment at site, complete in all respects, for 5-MW (AC) solar power project at latur district, Maharashtra. The order is scheduled for completion in 18 months. (January 17, 2025)
Surana Power & Telecom Ltd has received a letter of award as solar power developer from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for building solar PV stations aggregating 54 MW (AC) at various locations in Maharashtra. The project is part of the Mukhyamantri Saur Krushi Vahini Yojana 2.0 scheme, which is part of Component C of PM-KUSUM Yojana. The solar power plants will be built over a period of 18 months, and the overall contract, valued at Rs.190 crore, also includes a 25-year O&M mandate. Surana will supply power at Rs.3.09 per kwh and will receive a capital subsidy of Rs.1.05 crore per MW. (January 17, 2025)
Indian Renewable Energy Development Agency Ltd (IREDA) has finalized a joint venture agreement with SJVN Ltd, GMR Energy Ltd, and Nepal Electricity Authority (NEA) for the development of the 900-MW Upper Karnali hydropower project in Nepal. The JV agreement lays out a comprehensive framework for the project development, construction, operation, and maintenance under a Build, Own, Operate & Transfer (BOOT) model, with a 25-year project term from the commercial operation date. (January 17, 2025)
Vikram Solar has announced the winning of a 1-GW solar module supply order for deployment in solar projects of JSW Neo Energy in Karnataka, Gujarat and Rajasthan. Vikram Solar will supply its advanced Hypersol N-Type TOPCON glass-to-glass modules (580Wp and above) to fulfill the order, the company said in a release. (January 17, 2025)
Eastman Auto & Power Ltd, a leading provider of power solutions, announced the significant milestone of crossing 10 million batteries in production and sales for e-rickshaw. This achievement reflects the company’s unwavering commitment to innovation, strategic partnerships, and the increasing demand for advanced battery technology. The company since its inception in 2006 has established 400+strong partnerships with leading OEMs across the automotive and energy storage industries, which have been instrumental in the expansion of its innovative battery technology that has revolutionized the e-rickshaw market. (January 16, 2025)
Jost’s Engineering Company Ltd (JECL) has received a purchase order worth Rs.29.50 crore (inclusive of GST and other charges) from Haryana Vidyut Prasaran Nigam Ltd for the supply of two sets of emergency restoration systems (ERS). Delivery is expected to complete within eight months from the purchase order date, JECL said in a regulatory filing. (January 16, 2025)
Hyderabad-based Azad Engineering Ltd has signed a long-term supply contract with GE Vernova International LLC, USA, for the supply of highly engineered, complex rotating and stationary airfoils for advanced gas turbine engines. This contract will help meet GE Veronva’s global demand in the power generation industry. The current phase of this six-year contract is valued at around Rs.960 crore ($112 million), Azad said in a stock exchange communication. (January 16, 2025)
Hartek Group’s C&I rooftop solar business unit has won complete solar EPC contract of 8-MW from Kandhari Beverages Pvt Ltd, a bottling plant of Hindustan Coca Cola. This will become Jammu & Kashmir’s largest rooftop solar installation, a Hartek Group release said, adding that the project is under execution and will be commissioned this quarter. This is the third project awarded to Hartek by Kandhari Beverages in the past two years, bringing their total installations for the beverage company to 14 MW, the release added. (January 15, 2025)
Premier Energies Ltd has announced the winning of multiple orders from two undisclosed domestic independent power producers for the supply of solar cells and modules. Supplies entailed in the orders together worth Rs.1,460 crore (modules: Rs.1041 crore; cells: Rs.419 crore) are expected to begin in May 2025. (January 15, 2025)
Orb Energy has announced the crossing Rs.300 crore in financing disbursements from its unique zero collateral, zero down payment in-house finance facility. This achievement underscores the company’s dedication to addressing the energy challenges faced by Indian enterprises, particularly MSMEs and SMBs, while enabling them to transition to cost-effective solar energy solutions. Orb Energy aims to disburse an additional Rs.1,000 crore over the next three years, a company release said. To date, Orb Energy has successfully deployed approximately 350 MW of solar PV installations across India, with a particularly strong presence in the south and west regions, the release added. (January 14, 2025)
AM Green has partnered with DP World, a global logistics leader, to create a sustainable supply chain for green fuels and chemicals. Under the MOU, DP World and AM Green will jointly develop logistics and storage infrastructure to facilitate the global export of 1 million tonnes per annum of green ammonia and 1 million tpa of green methanol. This includes, among others, developing port infrastructure across AM Green Net-Zero Industrial Clusters to facilitate global exports; and, developing bunkering infrastructure across Dubai, India, and Southeast Asia for green ammonia and methanol supplied from AM Green plants. (January 14, 2025)
Bajel Projects Ltd has announced the winning of a contract of undisclosed value from Adani Energy Solutions Ltd. To be completed in 18 months, the mandate pertains to construction of a new 400kV double-circuit transmission line (Quad ACSR Moose) from Raipur (Chhattisgarh) to Tiroda (Maharashtra), with a running length of 217 km. (January 13, 2025)
Raunaq International Ltd has reported the winning of an order valued at Rs.16.80 crore from Mahan Energen Ltd (MEL), an Adani Group entity. The order to be completed in 20 months relates to various works associated with the circulating water system and raw water system of MEL’s upcoming 2×800-MW (Phase II) Raigarh ultrasupercritical thermal power project in Chhattisgarh. (January 13, 2025)
REC Ltd has signed a Memorandum of Agreement (MoA) with Gandhigram Rural Institute under its Corporate Social Responsibility (CSR) initiative. REC has committed financial assistance of Rs.8.44 crore for establishing a 1-MW multi-technology ground mounted, grid connected solar photovoltaic power plant for the benefit of students, research scholar at the Gandhigram Rural Institute (GRI), Dindigul, Tamil Nadu. The project shall be implemented by the GRI in technical collaboration with Bharat Heavy Electricals Ltd (BHEL), REC said in a release. (January 11, 2025)
NTPC Renewable Energy Ltd, a step-down subsidiary of NTPC Ltd, has commissioned 110 MW of new solar power generation capacity – 60 MW at Jaisalmer, Rajasthan and 50 MW at Shajapur, Madhya Pradesh. With this, the total installed and commercial power generation capacity of NTPC Group reached 76,708 MW, as of January 10, 2025, NTPC said in a stock exchange communication. (January 10, 2025)
Jupiter International, in a release, said that it will be investing Rs.6,500 crore over the next three years, in a step to become a fully integrated solar manufacturing player. With planned annual capacities of 3 GW for solar wafers, 9.4 GW for cells, and 6 GW for modules, Jupiter aims to meet the growing market demand with cutting-edge, reliable solar solutions. The integration of wafer production, along with enhanced module assembly capabilities, positions Jupiter as a fully integrated solar manufacturer with complete control over its value chain, the release added. (January 9, 2025)
Saatvik Green Energy Ltd has announced winning of a 1-GW solar PV module supply contract from an unnamed energy producer. Under the deal, valued at over Rs.1,500 crore, Saatvik will supply advanced technology N-TOPCon solar PV modules. This supply order will be fulfilled by a dedicated manufacturing unit at Saatvik Solar’s facility in Ambala, Haryana, a company release said. (January 9, 2025)
Voltamp Transformers Ltd has received an order valued at Rs.41 crore (exclusive of GST) for design, manufacturing, testing and supply of various types of distribution transformers. Placed by Adani Power Ltd (APL) and Mahan Energen Ltd, a wholly-owned subsidiary of APL, the order is scheduled for completion in 12 months, Voltamp said in a stock exchange notification. (January 8, 2025)
Advait Energy Transitions Ltd has announced the winning of an order of undisclosed value from Gujarat Energy Transmission Corporation Ltd (GETCO) for replacing “DOG” conductor with HTLS conductor on two existing 66kV transmission lines of GETCO. The order is scheduled for completion in six months, Advait said in a stock exchange communication. (January 8, 2025)
KEC International Ltd has announced the winning of new orders worth Rs.1,136 crore across its various business divisions, including an order from Power Grid Corporation of India Ltd for building a 765kV transmission lines. These new orders have taken KEC’s cumulative order inflows in FY25 so far (up to January 8, 2025) to around Rs.20,600 crore. (January 8, 2025)
Hartek Group’s Power System business unit has secured a Rs.117-crore project in Gujarat from Power Grid Corporation of India Ltd. The project involves the extension of a 765kV air-insulated switchgear (AIS) substation as well as 400/220kV substation work, Hartek Group said in a statement without giving further details on the contract. (January 7, 2025)
Husk Power announced 100 per cent growth in its portfolio of community solar minigrids over the past 12 months. The company is now present in over 400 communities in rural Sub-Saharan Africa and South Asia, serving more than 1.5 million people and over 30,000 small businesses. The community electrification projects of Husk are spread across rural India and Nigeria, and represent 20 MW of solar power generation and 2,500 km of power T&D network. (January 7, 2025)
Gold Plus Glass Industry Ltd has announced the successful commissioning of its float glass manufacturing facility in Karnataka with annual capacity of 5,84,000 tonnes. Built with an investment of Rs.2,500 crore, this new plant is also capable of producing 1,09,500 tonnes of solar glass per year, according to a company release. (January 7, 2025)
Gensol Engineering Ltd has secured a significant EPC contract from an unnamed public sector undertaking for development of 275-MW solar PV project at RE solar park, Khavda Rann of Kutch, Gujarat, with a total bid value of around Rs.1,061.97 crore (Including GST), including three years of O&M, Gensol said in a statement. (January 6, 2025)
Waaree Energies Ltd has announced the commencement of trial production at its 5.4 GW solar cell manufacturing facility in Chikhli, Gujarat. The cell plant is a demonstration of Waaree’s vision of fostering backward integration in the solar energy ecosystem, a release from Waaree Energies said, adding that the new facility, equipped to produce high-efficiency solar cells, not only meets the burgeoning domestic demand but also strengthens India’s footprint in international markets. (January 6, 2025)
NTPC Renewable Energy Ltd has emerged as a successful bidder in the e-reverse auction conducted by Uttar Pradesh Power Corporation Ltd (UPPCL). The tender, aimed at the “Selection of Solar Power Developers for Setting up 2,000 MW ISTS-connected Solar PV Power Projects in India under Tariff-Based Competitive Bidding,” was conducted on January 3, 2025. NTPC REL secured a capacity of 1,000 MW at a tariff of Rs.2.56 per kwh. The letter of award (LOA) from UPPCL is awaited. (January 6, 2025)
REC Ltd has disbursed loans worth Rs.54,692 crore during Q3 (October to December) of FY25, up 17.98 per cent year-on-year. The quantum of renewable energy loan disbursements grew 58.09 per cent year-on-year to reach Rs.6,314 crore in Q3FY25. For the nine months (April to December) period of FY25, REC disbursed total loans amounting to Rs.1,45,647 crore, which is higher by 19.30 per cent compared to Rs.1,22,089 crore disbursed in corresponding period of FY24.Of this, renewable energy loans aggregated Rs.17,612 crore, up 78.68 per cent year-on-year. (January 3, 2025)
KEC International Ltd announced the winning of new orders worth Rs.1097 crore in its power T&D business, which included mandates for setting up 400kV lines in the United Arab Emirates. These orders have taken KEC’s cumulative order inflow in FY25 so far to over Rs.19,500 crore with power T&D accounting for a 72 per cent share. (January 3, 2025)
Kalpataru Projects International Ltd (KPIL) has reported the winning of new orders valued at Rs.1,011 crore that include overseas mandates in the power T&D business. This has taken KPIL’s cumulative order inflows in FY25 so far (up to December 31, 2024) to over Rs.17,300 crore, KPIL said in a release. (January 1, 2025)
