Industry news
ACME Solar Holdings Ltd has commissioned 66.68 MW of solar capacity and 300 MWh of Battery Energy Storage System (BESS) capacity in Bikaner, Rajasthan, India. This marks an expansion in both renewable generation and energy storage assets for the company.
Bharat Heavy Electricals Limited (BHEL) has approved an additional equity investment of Rs 650 million in NTPC BHEL Power Projects Private Limited (NBPPL), its joint venture with NTPC Limited. This investment will be made at face value in tranches during the financial year 2026-27.
The ET Energy Leadership Summit & Awards 2026 will convene policymakers, regulators, and industry leaders in New Delhi to discuss the future of India's energy economy. The summit will focus on developing a secure, scalable, intelligent, and self-reliant energy system, addressing critical areas such as supply chain resilience, infrastructure build-out, and clean-tech manufacturing.
Kanohar Electricals Limited, an Indian transformer manufacturer and EPC service provider, saw its shares list at an 8% premium over the IPO price. The company reported significant financial growth in FY26 and plans to use IPO proceeds for capital expenditure and working capital.
India significantly expanded its battery storage capacity in the first half of 2026, adding 8.2 GWh, a substantial increase from the previous year. Cumulative installed capacity reached 9.3 GWh, driven by utility demand for grid balancing and renewable integration.
Nusano, a Utah-based company, has announced details of its project selected by the National Reactor Innovation Center. The initiative will concentrate on high-assay low-enrichment uranium (HALEU) production, marking a new direction for the company as it continues to develop a radioisotope production facility.
The Trump administration is set to eliminate carbon emission limits for fossil fuel-fired power plants, reversing 2024 Biden-era regulations and proposing to prevent future greenhouse gas emission rules for the power sector.
Uttar Pradesh is experiencing a power deficit of 2,000 to 3,000 MW due to interrupted coal supplies and outages at several generating units. This has led to the UP Power Corporation Limited (UPPCL) purchasing expensive electricity and implementing limited night-time power cuts in rural areas.
India will export 654MW of electricity daily to Nepal until December 31, 2026, to help address power shortages caused by recent floods that damaged hydropower infrastructure. This agreement strengthens bilateral energy cooperation between the two countries.
Punjab's power utilities, Punjab State Power Corporation Limited (PSPCL) and Punjab State Transmission Corporation Limited (PSTCL), are undergoing leadership changes as they prepare for peak seasonal load requirements. Gurkirat, a 2001-batch IAS officer, has been appointed as the new chairman-cum-managing director for both corporations, replacing Garg.
KEC International Limited has announced new orders totaling Rs 13.03 billion across its transmission and distribution (T&D) and cables and conductors divisions. These orders encompass projects in India, the Middle East, and the Americas, including significant transmission line developments.
The Central Electricity Authority has published a report detailing a strategy for the indigenization of SCADA systems, which are vital for real-time monitoring and control of electricity generation, transmission, and distribution. The report advocates for a structured institutional framework to advance the development, testing, and funding of these systems, aiming to enhance grid management infrastructure.