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NEWS
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Business Standard - Markets 14d ago

Vikran Engineering secures 969 MW AC solar power project of Rs 3,517.98 cr

The Company had earlier accepted a work order from Onix Renewable on 23 December 2025 for execution of the EPC works for the 600 MW project for Rs 2035.26 crore. Against the said earlier arrangement, work to the extent of around Rs 388.67 crore had been tentatively executed and the balance order value of around Rs 1,893.26 crore stands mutually cancelled pursuant to the revised contractual arrangement.

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Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRI
positive
ET Markets - Industry 15d ago

Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRI

A potential anti-dumping duty on crucial cold-rolled grain-oriented electrical steel (CRGO) imports could significantly hike transformer manufacturing costs and impede India's ambitious power grid expansion plans. With domestic production meeting less than 10% of demand, imposing duties might raise prices without reducing import reliance, impacting vital infrastructure development and renewable energy integration. The probe follows a complaint by JSW JFE Electrical Steel Nashik Pvt Ltd.

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NEWS
positive
Business Standard - Markets 16d ago

Suzlon secures 400 MW wins energy project in Andhra Pradesh

From Tata Power Renewable Energy

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Suzlon crosses 1 GW in cumulative orders with Tata Power after new 400 MW EPC contract
positive
ET Markets - Industry 16d ago

Suzlon crosses 1 GW in cumulative orders with Tata Power after new 400 MW EPC contract

Suzlon Energy has bagged a significant 400 MW wind energy EPC contract from Tata Power Renewable Energy Limited (TPREL). This latest deal, to be executed in Andhra Pradesh, pushes their combined order book past 1 GW. Suzlon will supply 127 advanced wind turbine generators and provide comprehensive project services, marking their fourth collaboration with TPREL and bolstering Suzlon's presence in Andhra Pradesh.

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NEWS
positive
Business Standard - Markets 16d ago

NLC India arm inks JV with OREDA

NLC India announced that its subsidiary, NLC India Renewables (NIRL) has signed joint venture agreement with Odisha Renewable Energy Development Agency (OREDA) to develop green energy power plants in Odisha.

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CleanMax bets on big tech, data centres to power next phase of growth
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CNBC TV18 - Markets 17d ago

CleanMax bets on big tech, data centres to power next phase of growth

Clean Max Enviro Energy Solutions, India's largest commercial and industrial renewable energy provider, is positioning itself for strong growth as demand from big tech and data centres accelerates. With 3.1 GW of installed capacity and a 5.7 GW contracted portfolio, the company counts Meta, Google, Apple, Amazon and Equinix among its customers. CleanMax plans to add at least 1.5 GW in FY27 and 3 GW over three years, while aiming to double EBITDA. Analysts say its client-focused model and market leadership are difficult to replicate.

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NEWS
positive
Business Standard - Markets 17d ago

NLC India inks MoU with Indian Oil Corporation

NLC India has signed a memorandum of understanding (MoU) with Indian Oil Corporation (IOCL) for the formation of a joint venture for the establishment of renewable energy power projects in Tamil Nadu.

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India nears 50% domestic coal use in import-based power plants, sources say
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ET Markets - Industry 17d ago

India nears 50% domestic coal use in import-based power plants, sources say

India is significantly boosting the use of domestic coal at power plants previously reliant on imports, aiming to slash costly overseas purchases. Over 50% of capacity at these plants is now running on local fuel, with trials expanding this further. This shift is enabled by increased renewable energy generation freeing up domestic supplies and plant modifications to handle local coal's higher ash content.

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NEWS
positive
Business Standard - Markets 18d ago

Ircon International JV secures contract worth Rs 763 cr

The scope of the work includes Design, Engineering, Manufacture, Assembly, Inspection, Testing at Manufacturer's Works before Dispatch, Packing, Supply, Delivery at Site, Including Insurance during Transit, Subsequent Storage at delivery location(s), Erection, Testing and Commissioning of Under Ground Power Cable Network (HT & LT), Smart Grid Applications including Supervisory Control and Data Acquisition (SCADA), Advanced Distribution Management System (ADMS), Outage Management System (OMS), GIS Mapping & integration, Under Ground OFC Communication System by laying of Optical Fiber Cable (OFC), Integration with third party IT application softwares & hardwares (such as Billing, ERP, & CIS) along with Underground Power Cable and establishment of Smart Grid Control Centre (Main & Backup) with Distribution Network Automation (DNA) including facility management and O&M of system in Agartala Municipality Area, Tripura (Package-A) of Agartala Smart Grid.

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Resonia wins Telangana transmission project to boost renewable energy connectivity
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ET Markets - Industry 19d ago

Resonia wins Telangana transmission project to boost renewable energy connectivity

Resonia, formerly Sterlite Power's transmission arm, has secured a significant project in Telangana from Power Finance Corporation. This initiative aims to bolster power transmission links between Andhra Pradesh and Telangana, improving grid flexibility and facilitating the integration of renewable energy from the Kurnool REZ. The project involves establishing a new substation and enhancing existing infrastructure to support this crucial connectivity.

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Stationary IndiGo plane suffers lightning strike at Kolkata airport
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ET Markets - Industry 21d ago

Stationary IndiGo plane suffers lightning strike at Kolkata airport

An IndiGo aircraft carrying over 140 people experienced a lightning strike at Kolkata airport on Friday morning. The plane, scheduled for Agartala, has been grounded as a precaution. Two ground staff, reportedly affected, received medical attention and are stable. Passengers were rerouted on a different flight. The incident caused the aircraft's power system to temporarily fail after boarding was complete.

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IOCL Solarises commissioned 150 kW Rooftop Solar System at its Guwahati facility
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ET Markets - Industry 22d ago

IOCL Solarises commissioned 150 kW Rooftop Solar System at its Guwahati facility

Facing energy security challenges, Indian Oil Corporation Limited (IOCL) has installed a 150-kW rooftop solar system at its Guwahati facility. This initiative aims to enhance operational resilience, reduce reliance on conventional power, and cut costs. The system is projected to save Rs 13.8 lakh annually and offers a quick ROI, bolstering energy reliability in a region prone to grid disruptions and supporting India's clean energy goals.

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