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Daily Power Sector Tenders Excel update. Contracting news for the day. NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES. NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY. NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS. NEWS UPDATE: RENEWABLE ENERGY. NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION. NEWS UPDATE: TARIFF & REGULATORY ORDERS. NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE. Download tenders and news clips. Rs 95 crore transmission EPC win highlights aggressive pricing in turnkey substation bid. Clustered BESS package enters financial-bid stage amid intensifying utility storage competition. Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day. Contracting news for the day. Daily forward looking import matrices. NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES. NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY. NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS. NEWS UPDATE: RENEWABLE ENERGY. NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION. NEWS UPDATE: TARIFF & REGULATORY ORDERS. NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE. Daily Power Sector Tenders Excel update. Download tenders and news clips. Uttarakhand BESS tenders complete technical evaluation. Rs 1,035 crore mining award exposes widening pricing divide in excavation race. Rs 1,396 crore mining award sees aggressive bid clustering as EPC rivalry intensifies. Rs 253 crore mining-services award highlights tightening competition in integrated excavation contracts. Rs 121 crore reactor award shifts focus from pricing to execution capability. Tripura smart-grid packages complete financial bidding. NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES. NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY. NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS. NEWS UPDATE: RENEWABLE ENERGY. NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION. NEWS UPDATE: TARIFF & REGULATORY ORDERS. NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE. Daily forward looking import matrices. Daily Power Sector Tenders Excel update. Download tenders and news clips. Download tenders and news clips. NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY. NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES. NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS. NEWS UPDATE: RENEWABLE ENERGY. NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION. NEWS UPDATE: TARIFF & REGULATORY ORDERS. NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE. Download tenders and news clips. Daily Power Sector Tenders Excel update. Grid reactor award highlights tightening competition in high-voltage equipment procurement. Rs 161 crore grid package gets deadline extension amid unresolved pricing concerns. Contracting news for the day. Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day. NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES. NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY. NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS. NEWS UPDATE: RENEWABLE ENERGY. NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION. NEWS UPDATE: TARIFF & REGULATORY ORDERS. NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE. Daily forward looking import matrices. Download tenders and news clips. Single-bid outcome seals Rs 18,247.58 crore integrated captive coal mining package. Contracting news for the day. Daily forward looking import matrices. NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES. NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY. NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS. NEWS UPDATE: RENEWABLE ENERGY. NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION. NEWS UPDATE: TARIFF & REGULATORY ORDERS. NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE. Download tenders and news clips. Rs 329 crore coal logistics race reflects tighter pricing discipline in transport market.
Daily Power Sector Tenders Excel update
May 20:
8Daily Excel covering new tenders and all published updates including corrigendum, amendment, addendum, clarification and status revisions, along with technical and financial bid opening, evaluation completion and final award actions including AOC and LOA issuance.
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Contracting news for the day
May 20:
8Storage tender raises entry barriers as utilities tighten control over long-duration projects
A new pumped storage procurement is signalling a tougher approach toward developer selection, financial discipline and lifecycle accountability. The structure combines strict security requirements with tariff-based competition, indicating that future long-duration storage contracts may increasingly favour financially strong.
8Floating solar tender revisions hint at tougher EPC accountability model
Repeated corrigenda and timeline extensions are gradually reshaping the risk profile of a major floating solar package. The evolving bid structure points toward tighter execution controls, stronger lifecycle obligations and increasing contractor-side exposure that may influence future industrial renewable EPC tenders.
8Transmission package advances as utilities tighten ultra-high-voltage execution timelines
A major transmission package is moving ahead even before the broader tariff-based bidding cycle reaches closure, signalling growing pressure on execution speed and mobilisation readiness. The bundled high-voltage scope and compressed delivery framework could reshape contractor pricing strategies, risk allocation and competitive positioning in future grid expansion projects.
8Hydro tunnelling tender evolves into high-risk underground execution contest
Multiple corrigenda and bidder clarification rounds are reshaping a major hydro civil package as concerns grow over qualification norms, logistics exposure and underground execution risks. The evolving structure highlights how large hydro developers are tightening risk transfer and contractor accountability in complex tunnelling projects.
8Large-scale storage bid sharpens focus on long-term developer accountability
A new battery storage procurement is placing greater emphasis on dispatch reliability, financial strength and lifecycle responsibility rather than simple asset installation. The BOO structure and tighter qualification filters indicate a broader shift toward utility-led storage models that push technology and performance risks deeper onto developers.
8Rs 525 crore distribution EPC package signals tighter utility control over contractor pricing
An ADB-backed distribution infrastructure package is revealing a tougher stance on aggressive bidding, cashflow management and execution accountability. The bid structure suggests utilities are increasingly designing EPC contracts to contain pricing distortions and reduce downstream project-delivery risks.
8Rs 117 crore residential infrastructure package tightens scrutiny on contractor eligibility
A strategic-sector township package is introducing stricter controls around execution credentials, consortium participation and completion validation. The evolving qualification structure signals a broader shift toward high-compliance contractor selection in sensitive infrastructure projects.
8Rs 966 crore distribution overhaul package signals tighter turnkey execution controls
An ADB-backed utility modernisation package is pushing greater operational accountability onto contractors through stricter turnkey execution conditions and tighter procurement discipline. The structure may favour financially and institutionally stronger EPC players as utilities seek tighter control over distribution project risks.
8Rs 5 crore bid-security transformer package reshapes technical qualification dynamics
A major transformer procurement is modifying how legacy short-circuit testing credentials can be used in bid qualification while maintaining strict supplier accountability. The revised structure combines technical flexibility with tighter financial and documentary exposure, potentially reshaping competition among large equipment manufacturers.
8Integrated balance-of-plant package sharpens execution risk in thermal EPC bidding
A new ash handling procurement is combining mechanical, electrical, control and civil infrastructure into a single high-accountability execution model. The integrated structure increases contractor-side coordination risk and may narrow participation to technically stronger EPC players with large-scale balance-of-plant experience.
8Township EPC package signals deeper shift in contractor-side utility risk allocation
A new thermal-linked township package is tightening how temporary utility responsibilities and execution liabilities are distributed during construction. The revised framework could significantly influence contractor pricing behaviour and future risk-sharing models in large utility infrastructure EPC contracts.
8Rs 148 crore cable procurement pushes deeper long-term risk onto suppliers
A major utility cable tender is combining reverse auction pressure with extended guarantee obligations to tighten supplier accountability well beyond standard procurement norms. The structure could reshape pricing behaviour, liquidity planning and future participation strategies among distribution equipment manufacturers. Details
A new pumped storage procurement is signalling a tougher approach toward developer selection, financial discipline and lifecycle accountability. The structure combines strict security requirements with tariff-based competition, indicating that future long-duration storage contracts may increasingly favour financially strong.
8Floating solar tender revisions hint at tougher EPC accountability model
Repeated corrigenda and timeline extensions are gradually reshaping the risk profile of a major floating solar package. The evolving bid structure points toward tighter execution controls, stronger lifecycle obligations and increasing contractor-side exposure that may influence future industrial renewable EPC tenders.
8Transmission package advances as utilities tighten ultra-high-voltage execution timelines
A major transmission package is moving ahead even before the broader tariff-based bidding cycle reaches closure, signalling growing pressure on execution speed and mobilisation readiness. The bundled high-voltage scope and compressed delivery framework could reshape contractor pricing strategies, risk allocation and competitive positioning in future grid expansion projects.
8Hydro tunnelling tender evolves into high-risk underground execution contest
Multiple corrigenda and bidder clarification rounds are reshaping a major hydro civil package as concerns grow over qualification norms, logistics exposure and underground execution risks. The evolving structure highlights how large hydro developers are tightening risk transfer and contractor accountability in complex tunnelling projects.
8Large-scale storage bid sharpens focus on long-term developer accountability
A new battery storage procurement is placing greater emphasis on dispatch reliability, financial strength and lifecycle responsibility rather than simple asset installation. The BOO structure and tighter qualification filters indicate a broader shift toward utility-led storage models that push technology and performance risks deeper onto developers.
8Rs 525 crore distribution EPC package signals tighter utility control over contractor pricing
An ADB-backed distribution infrastructure package is revealing a tougher stance on aggressive bidding, cashflow management and execution accountability. The bid structure suggests utilities are increasingly designing EPC contracts to contain pricing distortions and reduce downstream project-delivery risks.
8Rs 117 crore residential infrastructure package tightens scrutiny on contractor eligibility
A strategic-sector township package is introducing stricter controls around execution credentials, consortium participation and completion validation. The evolving qualification structure signals a broader shift toward high-compliance contractor selection in sensitive infrastructure projects.
8Rs 966 crore distribution overhaul package signals tighter turnkey execution controls
An ADB-backed utility modernisation package is pushing greater operational accountability onto contractors through stricter turnkey execution conditions and tighter procurement discipline. The structure may favour financially and institutionally stronger EPC players as utilities seek tighter control over distribution project risks.
8Rs 5 crore bid-security transformer package reshapes technical qualification dynamics
A major transformer procurement is modifying how legacy short-circuit testing credentials can be used in bid qualification while maintaining strict supplier accountability. The revised structure combines technical flexibility with tighter financial and documentary exposure, potentially reshaping competition among large equipment manufacturers.
8Integrated balance-of-plant package sharpens execution risk in thermal EPC bidding
A new ash handling procurement is combining mechanical, electrical, control and civil infrastructure into a single high-accountability execution model. The integrated structure increases contractor-side coordination risk and may narrow participation to technically stronger EPC players with large-scale balance-of-plant experience.
8Township EPC package signals deeper shift in contractor-side utility risk allocation
A new thermal-linked township package is tightening how temporary utility responsibilities and execution liabilities are distributed during construction. The revised framework could significantly influence contractor pricing behaviour and future risk-sharing models in large utility infrastructure EPC contracts.
8Rs 148 crore cable procurement pushes deeper long-term risk onto suppliers
A major utility cable tender is combining reverse auction pressure with extended guarantee obligations to tighten supplier accountability well beyond standard procurement norms. The structure could reshape pricing behaviour, liquidity planning and future participation strategies among distribution equipment manufacturers. Details
NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES
May 20:
COAL PRODUCTION & OFFTAKE
8India's thermal coal stock climbs to 51,983 TT on 18 May (24 days cover) across 222,698 MW fleet; 22 plants tagged critical, ICB capacity at 52% norm
India's daily coal stock position expanded to 51,982.7 thousand tonnes by May 18, 2026. Across 190 monitored coal-based thermal plants (combined capacity 2,22,698 MW), normative stock requirement is 75,271.4 TT for 24 days; actual stock cover is 69% of the norm. Of these, 22 plants are flagged critical — 11 domestic coal-based, 7 ICB-based, and 4 washery-reject based. ICB plants hold just 2,664.4 TT versus normative 5,086.6 TT — only 52% of requirement.
8CIL's linked-plant coal stock lands at 44,591.2 TT (19 days cover) on 17 May 2026 across 146 power stations; all-imports at just 496.1 TT
Coal India Limited's Marketing & Sales Division released the CEA-format Coal Stock Position as on May 17, 2026 across 146 thermal power stations linked with CIL/SCCL. Total stock of 44,591.2 TT against a daily requirement of 2,307.67 TT at 55% PLF gives a composite stock cover of 19 days. High-stock outliers include Rajiv Gandhi TPS (Haryana) holding 618.1 TT (53 days), Roopar TPS holding 466.9 TT (64 days), and Raghunathpur TPP 545.2 TT (50 days).
8Coal powers 96% of CEA thermal generation in May; cumulative coal output hits 1,83,558.94 MU in FY27 against 1,89,509.91 MU program
CEA's Sub-Report-17 shows all-India Thermal generation of 4,256.18 MU on May 18, 2026 (vs program 3,962.75 MU), led by Coal at 4,075.64 MU. For FY 2026-27 (April 1 - May 18), Coal cumulative is 1,83,558.94 MU against program 1,89,509.91 MU (-3.14%). Natural Gas trails significantly at 3,260.12 MU vs program 4,107.17 MU (-20.62%). Lignite cumulative is also below program at 4,388.21 MU vs 5,170.14 MU (-15.13%).
8CEA stranded fleet: I.P. CCPP units idle since January 2019, Giral TPS to be scrapped after 12 years out, DAE Rajasthan down since October 2004
CEA's outage trackers list dozens of thermal/nuclear units stranded for unusually long periods. Sub-Report-13 flags I.P. CCPP Units 3, 4 and 8 (30 MW each) under Reserve Shut Down since January 25, 2019; DAE Rajasthan Unit 1 down since October 9, 2004 (over 21 years) on Generator Earth Fault; Giral TPS Units 1 and 2 (125 MW each) likely to be scrapped — out since July 2014 and January 2016 respectively. Multiple plants are also flagged for 'No Fuel Supply Agreement' or 'No Power Purchase Agreement'.
8BgTPP's cumulative fuel oil compensation crosses 1.79 lakh MWh as Meghalaya bears largest beneficiary share in FY25
Palatana-based Barak Gas Thermal Power Plant (BgTPP, 750 MW) operated by NEEPCO recorded a cumulative energy eligible for secondary fuel oil compensation of 1,79,252 MWh through March 2025, with monthly compensation payouts ranging from Rs. 96,612 in April 2024 to Rs. 32.10 lakh in March 2025 under the ERPC framework. Meghalaya consistently carried the highest share of the shortfall compensation burden at 48%, followed by Manipur and Tripura. Details
8India's thermal coal stock climbs to 51,983 TT on 18 May (24 days cover) across 222,698 MW fleet; 22 plants tagged critical, ICB capacity at 52% norm
India's daily coal stock position expanded to 51,982.7 thousand tonnes by May 18, 2026. Across 190 monitored coal-based thermal plants (combined capacity 2,22,698 MW), normative stock requirement is 75,271.4 TT for 24 days; actual stock cover is 69% of the norm. Of these, 22 plants are flagged critical — 11 domestic coal-based, 7 ICB-based, and 4 washery-reject based. ICB plants hold just 2,664.4 TT versus normative 5,086.6 TT — only 52% of requirement.
8CIL's linked-plant coal stock lands at 44,591.2 TT (19 days cover) on 17 May 2026 across 146 power stations; all-imports at just 496.1 TT
Coal India Limited's Marketing & Sales Division released the CEA-format Coal Stock Position as on May 17, 2026 across 146 thermal power stations linked with CIL/SCCL. Total stock of 44,591.2 TT against a daily requirement of 2,307.67 TT at 55% PLF gives a composite stock cover of 19 days. High-stock outliers include Rajiv Gandhi TPS (Haryana) holding 618.1 TT (53 days), Roopar TPS holding 466.9 TT (64 days), and Raghunathpur TPP 545.2 TT (50 days).
8Coal powers 96% of CEA thermal generation in May; cumulative coal output hits 1,83,558.94 MU in FY27 against 1,89,509.91 MU program
CEA's Sub-Report-17 shows all-India Thermal generation of 4,256.18 MU on May 18, 2026 (vs program 3,962.75 MU), led by Coal at 4,075.64 MU. For FY 2026-27 (April 1 - May 18), Coal cumulative is 1,83,558.94 MU against program 1,89,509.91 MU (-3.14%). Natural Gas trails significantly at 3,260.12 MU vs program 4,107.17 MU (-20.62%). Lignite cumulative is also below program at 4,388.21 MU vs 5,170.14 MU (-15.13%).
8CEA stranded fleet: I.P. CCPP units idle since January 2019, Giral TPS to be scrapped after 12 years out, DAE Rajasthan down since October 2004
CEA's outage trackers list dozens of thermal/nuclear units stranded for unusually long periods. Sub-Report-13 flags I.P. CCPP Units 3, 4 and 8 (30 MW each) under Reserve Shut Down since January 25, 2019; DAE Rajasthan Unit 1 down since October 9, 2004 (over 21 years) on Generator Earth Fault; Giral TPS Units 1 and 2 (125 MW each) likely to be scrapped — out since July 2014 and January 2016 respectively. Multiple plants are also flagged for 'No Fuel Supply Agreement' or 'No Power Purchase Agreement'.
8BgTPP's cumulative fuel oil compensation crosses 1.79 lakh MWh as Meghalaya bears largest beneficiary share in FY25
Palatana-based Barak Gas Thermal Power Plant (BgTPP, 750 MW) operated by NEEPCO recorded a cumulative energy eligible for secondary fuel oil compensation of 1,79,252 MWh through March 2025, with monthly compensation payouts ranging from Rs. 96,612 in April 2024 to Rs. 32.10 lakh in March 2025 under the ERPC framework. Meghalaya consistently carried the highest share of the shortfall compensation burden at 48%, followed by Manipur and Tripura. Details
NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY
May 20:
PEAK DEMAND & GRID FREQUENCY
8Southern region meets 54,886 MW evening peak on May 19; Tamil Nadu tops at 17,920 MW, zero shortage reported
The Southern Region met a peak evening demand of 54,886 MW on May 19, 2026, with zero shortage — Andhra Pradesh at 10,953 MW, Karnataka at 11,131 MW, Tamil Nadu leading at 17,920 MW, Telangana at 9,609 MW, and Kerala at 4,833 MW. Total day energy met was 1,289.88 MUs. Krishnapatnam Power Station was the top thermal contributor at 1,727 MW, while Greenko's pumped storage added 426 MW to the regional grid.
8Western region meets record 73,715 MW evening peak on May 19; total day energy at 1,780.1 MUs, zero shortage
Grid Controller of India's Western Regional Load Despatch Centre logged an evening peak demand of 73,715 MW on May 19, 2026 — the highest among all regions — with zero shortage. Total day energy for the region was 1,780.1 MUs with no shortfall. Maharashtra reported ATC violations for 18 blocks, though no N-1 criteria violation breached beyond 3.1%. Chhattisgarh led state sector thermal generation at 50.5 MU.
8Northern region's Punjab faces 2.28 MU shortfall on May 19 amid 80,533 MW peak demand and 341 MW evening shortage
Grid Controller of India's Northern Regional Load Despatch Centre reported an evening peak demand of 80,533 MW on May 19, 2026 against a requirement of 80,874 MW — resulting in a 341 MW shortage. The day's total energy consumption was 1,861 MUs, with Punjab facing the maximum shortfall of 2.28 MUs. Rajasthan was the largest consumer at 15,143 MW peak, followed by Uttar Pradesh at 28,630 MW.
8National grid frequency averages 49.998 Hz on May 19; FDI at 18.8%, peak touches 50.222 Hz at 8:28 AM
The National Load Despatch Centre frequency profile for May 19, 2026 shows India's grid maintaining an average frequency of 49.998 Hz with a Frequency Deviation Index of 18.8% and a mileage of 45.3. The instantaneous maximum was 50.222 Hz at 08:28:10 and the minimum was 49.809 Hz at 11:31:30. The frequency remained within the 49.90-50.05 Hz band for 67.64% of the day, with 4 hours and 30 minutes spent outside the 49.9-50.05 Hz range.
8CEA logs all-India generation of 4,929.82 MU on 18 May 2026 — 7.6% above program; FY27 cumulative shortfall at 8,003.58 MU (-3.54%)
The Central Electricity Authority's Daily Generation Report shows all-India power generation of 4,929.82 MU on May 18, 2026 against a program of 4,580.40 MU — a positive deviation of 349.42 MU (+7.6%). Cumulative generation from April 1 through May 18 reached 2,17,847.34 MU vs a programmed 2,25,850.92 MU, leaving an FY 2026-27 cumulative shortfall of 8,003.58 MU (-3.54%). All-India Thermal generated 4,256.18 MU (+7.4%) and Nuclear 186.76 MU (+10.6%).
8Southern grid sees 11 forced transmission outages on May 19; Telangana bus bar protection trips four 400 kV lines
Grid Controller of India's Southern Regional Load Despatch Centre recorded 11 forced transmission outages on May 19, 2026, including a cascading bus bar protection trip at Shankarapally that simultaneously took down four 400 kV circuits — including APTRANSCO's Kethireddypally-Shankarapally-1 and TGTRANSCO's Maheshwaram-Shankarapally-1. Earlier, APTRANSCO's 400/220 kV Jammalamadugu ICT-1 and ICT-3 transformers also tripped due to mal-operation.
8India grid logs 2,370 MW forced central sector outages on May 19; NTPC Barh Unit 2 (660 MW) and Teesta HPS (1,110 MW) down
Grid Controller of India's NLDC generation outage report for May 19, 2026 shows 2,370 MW in forced central sector outages — led by NTPC's Barh Coal Unit 2 (660 MW) tripped on low air flow, and the Teesta HPS Stage III (six units, 1,200 MW combined) in Sikkim — all out since the October 2023 glacial lake outburst. State sector planned outages added 163.65 MW, predominantly OHPC hydro units in Odisha under scheduled maintenance.
8North-East region records 3,626 MW evening peak on May 19; Assam leads with 2,289 MW, Teesta outage leaves 0.35 MU shortfall
Grid Controller of India's North Eastern Regional Load Despatch Centre reported an evening peak demand of 3,626 MW met on May 19, 2026 with zero shortage, while off-peak demand stood at 1,909 MW. Total day energy for the region was 62.67 MUs. Assam was the largest consumer at 2,289 MW peak, followed by Meghalaya at 368 MW and Tripura at 327 MW. A residual shortfall of 0.35 MU was recorded in Assam.
8Eastern region powers through 32,144 MW evening peak on May 19; West Bengal dominates at 11,656 MW, tiny 0.06 MU shortfall
Grid Controller of India's Eastern Regional Load Despatch Centre recorded an evening peak demand of 32,144 MW on May 19, 2026 with zero shortage. The region's total day energy consumption was 723.76 MUs — a negligible shortfall of 0.06 MU recorded for Bihar. West Bengal led at 11,656 MW peak, followed by Bihar at 8,261 MW and Odisha at 6,479 MW. Thermal generation dominated the regional mix at 332.12 MUs of the 390.93 MU total state sector generation.
8India's national grid achieves zero ATC violation on all interregional corridors on May 19, 2026
Grid Controller of India's National Load Despatch Centre system reliability report for May 19, 2026 confirms zero Available Transfer Capacity violations and zero N-1 criteria violations on all five key inter-regional corridors — WR-NR, ER-NR, NR Import, NEW-SR, and NER Import — indicating stable and uncongested interregional power flow for the day across India's 3,10,724 MW monitored capacity base.
REGIONAL ENERGY ACCOUNT
8Southern region owes Rs. 179.29 crore to ERPC pool; BSPHCL's Rs. 40.30 crore DSM payable tops Eastern drawee list for May week
The Eastern Regional Power Committee's weekly deviation charge statement for May 4-10, 2026 shows Southern Region racking up Rs. 179.29 crore in DSM payable — the highest among all inter-regional entities — while Western Region recorded Rs. 155.97 crore in DSM receivable against a drawl surplus of 2,47,083 MWh. Bihar State Power Holding Company Ltd. led all Eastern drawees with Rs. 40.30 crore payable for a shortfall of 16,261 MWh against schedule.
8NTPC's BARH-I tops ERPC compensation chart at Rs. 5.82 crore in April 2026; West Bengal draws 71% of below-85% schedule shortfall payout
The Eastern Regional Power Committee's energy compensation statement for April 2026 shows NTPC's BARH-I (1,980 MW) commanding the highest payout at Rs. 5.82 crore for operating at 83.71% AUL, followed by NABINAGANR STPP at Rs. 4.41 crore and BARH-II at Rs. 4.67 crore. West Bengal absorbed 71.18% of all below-85%-schedule shortfall compensation across the Eastern Region's beneficiary states, drawing Rs. 3.64 crore from the FSTPS-I&II compensation alone.
8NR owes Rs. 28.17 crore to NERPC pool as Arunachal Pradesh and Mizoram face over Rs. 1 crore each in deviation penalties
The North-Eastern Regional Power Committee ABT deviation charge statement for the week of April 27 to May 3, 2026 shows a total pool balance of Rs. 5.09 crore (surplus), with Northern Region emerging as the single largest payable entity at Rs. 28.17 crore. Arunachal Pradesh clocked a net receivable of Rs. 1.15 crore and Mizoram Rs. 93.84 lakh — both under-drawing against schedule — while Assam and Manipur drew excess power and owe Rs. 1.11 crore and Rs. 55.69 lakh respectively.
8SOLAPUR dominates WRPC SRAS pool as Western region logs Rs. 72.55 lakh net receivable in ancillary energy week
Western Regional Power Committee's Secondary Reserve Ancillary Service account for the week of May 4-10, 2026 recorded a net pool settlement of Rs. 72.55 lakh, with SOLAPUR emerging as the single biggest earner at Rs. 93.09 lakh receivable after contributing 2,861 MWh of regulation-up energy. The TRAS account for the same period logged a gross shortfall-condition compensation of Rs. 5.41 crore in up-regulation and Rs. 7.37 crore in down-regulation across 28 ISTS generators.
8BSPHCL racks up Rs. 7.37 crore DSM payable on 10 May alone as 44-entity ERPC block-wise deviation report lays bare grid indiscipline
Grid Controller of India's Eastern Region block-wise deviation report for the week of May 4-10, 2026, covering 44 entities including BSPHCL, DVC, GRIDCO, WBSETCL and JBVNL, reveals that BSPHCL alone incurred Rs. 7.37 crore in DSM payable on May 10 on a net deviation of -479 MWh, with total weekly DSM payable aggregating Rs. 40.30 crore. Deviations at times exceeded 5,400 MWh on a single day (May 6), with DSM rates ranging from 436 to 1,000 paise/kWh.
8WRLDC issues final commercial schedule data for 04-10 May week; entities given 15-day window to flag discrepancies
The Western Regional Load Despatch Centre, under Grid Controller of India Limited, circulated the final DSM settlement and schedule data for the billing week from May 4 to May 10, 2026, covering all Western Region generators, state drawees, and ancillary service participants. Issued under reference No. WRPC/Comml.-I/4/ABTDSM/2026/5.1, the statement incorporates DSM, TRAS, SCUC, SCED and AVC accounts. All regional entities have been granted a 15-day window to report discrepancies.
8Gujarat leads Western region VAR compensation at Rs. 12.59 lakh as GADARWARA posts Rs. 37 lakh reactive receivable
The Western Regional Power Committee's reactive energy (VARh) charge statement for the week of May 4-10, 2026 reveals Gujarat as the top SEB beneficiary with a net receivable of Rs. 12.59 lakh from the pool, followed by Maharashtra at Rs. 26.31 lakh. On the generation side, NTPC's GADARWARA station leads all generators with Rs. 37.04 lakh receivable due to high-voltage reactive energy injection, while GANDHAR and KAWAS registered net payable positions.
OCC MEETINGS & OUTAGE PLANNING
8Grid-India SCUC schedules 68,581 MWh up-reserve and 62,826 MWh down-reserve for May 19; North Karanpura STPS at 959 MW tops list
Grid Controller of India's National Load Despatch Centre dispatched 68,581 MWh of SCUC-Up and 62,826 MWh of SCUC-Down reserves across the grid on May 19, 2026. North Karanpura STPS led the SCUC schedule at 959.12 MW with an energy charge rate of 208.8 paise/kWh, followed by NPGC at 966 MW (290.9 paise/kWh) and Kahalgaon Stage 2 at 649 MW (288.3 paise/kWh). Gas plants including RGPPL-RLNG and Kawas remained on standby at zero schedule.
8CEA capacity availability: 42,951.88 MW (13.82%) under outage across India on 18 May; Northern region posts largest forced outage of 8,134.06 MW
CEA's Sub-Report-3 puts all-India monitored capacity at 3,10,723.79 MW on May 18, 2026, of which 42,951.88 MW (13.82%) was under outage — leaving 2,67,771.91 MW available online. Planned Maintenance accounted for 4,880.90 MW and Forced Outage for 28,204.91 MW. The Northern region had the largest forced outage of 8,134.06 MW, leaving 68,680.14 MW online from a monitored 81,716.72 MW. The Western region recorded outages of 14,064.10 MW.
8CEA maintenance tracker: Talwandi Sabo Unit 3 (660 MW) forced out from 16 May for abnormal boiler parameters; Anpara Unit 7 (500 MW) down on economiser tube leakage
CEA's combined daily maintenance reports for May 18, 2026 list forced outages of multiple 500+ MW units. Talwandi Sabo TPP Unit 3 (Punjab, 660 MW) was forced out from May 16 at 22:00 hrs for abnormal boiler operational parameters; Anpara TPS Unit 7 (UP, 500 MW) tripped on May 18 at 10:30 for economiser tube leakage; North Karanpura TPP Unit 2 (Jharkhand, 660 MW) at 12:50 for condensate pump problem; and Kalisindh TPS Unit 1 (Rajasthan, 600 MW) at 22:49 for superheater tube leakage.
8CEA recommissions 6,380.55 MW of thermal/nuclear units on 18 May 2026; Sagardighi TPS 660 MW and Talcher STPS 500 MW back after air preheater & electrical faults
CEA's Sub-Report-14 records the recommissioning of 27 thermal/nuclear units totalling 6,380.55 MW on May 18, 2026. The biggest sync-ins include Sagardighi TPS Unit 5 (660 MW) re-synced at 05:09 hrs after Air Preheater Problem, Damodaram Sanjeevaiah TPS Unit 3 (800 MW) at 19:10 after Water Wall Tube Leakage, Vizag TPP Unit 2 (520 MW) at 11:25 after Water Wall Tube Leakage, and Talcher STPS Unit 6 (500 MW) at 19:12 after Electrical Miscellaneous Problems. Details
8Southern region meets 54,886 MW evening peak on May 19; Tamil Nadu tops at 17,920 MW, zero shortage reported
The Southern Region met a peak evening demand of 54,886 MW on May 19, 2026, with zero shortage — Andhra Pradesh at 10,953 MW, Karnataka at 11,131 MW, Tamil Nadu leading at 17,920 MW, Telangana at 9,609 MW, and Kerala at 4,833 MW. Total day energy met was 1,289.88 MUs. Krishnapatnam Power Station was the top thermal contributor at 1,727 MW, while Greenko's pumped storage added 426 MW to the regional grid.
8Western region meets record 73,715 MW evening peak on May 19; total day energy at 1,780.1 MUs, zero shortage
Grid Controller of India's Western Regional Load Despatch Centre logged an evening peak demand of 73,715 MW on May 19, 2026 — the highest among all regions — with zero shortage. Total day energy for the region was 1,780.1 MUs with no shortfall. Maharashtra reported ATC violations for 18 blocks, though no N-1 criteria violation breached beyond 3.1%. Chhattisgarh led state sector thermal generation at 50.5 MU.
8Northern region's Punjab faces 2.28 MU shortfall on May 19 amid 80,533 MW peak demand and 341 MW evening shortage
Grid Controller of India's Northern Regional Load Despatch Centre reported an evening peak demand of 80,533 MW on May 19, 2026 against a requirement of 80,874 MW — resulting in a 341 MW shortage. The day's total energy consumption was 1,861 MUs, with Punjab facing the maximum shortfall of 2.28 MUs. Rajasthan was the largest consumer at 15,143 MW peak, followed by Uttar Pradesh at 28,630 MW.
8National grid frequency averages 49.998 Hz on May 19; FDI at 18.8%, peak touches 50.222 Hz at 8:28 AM
The National Load Despatch Centre frequency profile for May 19, 2026 shows India's grid maintaining an average frequency of 49.998 Hz with a Frequency Deviation Index of 18.8% and a mileage of 45.3. The instantaneous maximum was 50.222 Hz at 08:28:10 and the minimum was 49.809 Hz at 11:31:30. The frequency remained within the 49.90-50.05 Hz band for 67.64% of the day, with 4 hours and 30 minutes spent outside the 49.9-50.05 Hz range.
8CEA logs all-India generation of 4,929.82 MU on 18 May 2026 — 7.6% above program; FY27 cumulative shortfall at 8,003.58 MU (-3.54%)
The Central Electricity Authority's Daily Generation Report shows all-India power generation of 4,929.82 MU on May 18, 2026 against a program of 4,580.40 MU — a positive deviation of 349.42 MU (+7.6%). Cumulative generation from April 1 through May 18 reached 2,17,847.34 MU vs a programmed 2,25,850.92 MU, leaving an FY 2026-27 cumulative shortfall of 8,003.58 MU (-3.54%). All-India Thermal generated 4,256.18 MU (+7.4%) and Nuclear 186.76 MU (+10.6%).
8Southern grid sees 11 forced transmission outages on May 19; Telangana bus bar protection trips four 400 kV lines
Grid Controller of India's Southern Regional Load Despatch Centre recorded 11 forced transmission outages on May 19, 2026, including a cascading bus bar protection trip at Shankarapally that simultaneously took down four 400 kV circuits — including APTRANSCO's Kethireddypally-Shankarapally-1 and TGTRANSCO's Maheshwaram-Shankarapally-1. Earlier, APTRANSCO's 400/220 kV Jammalamadugu ICT-1 and ICT-3 transformers also tripped due to mal-operation.
8India grid logs 2,370 MW forced central sector outages on May 19; NTPC Barh Unit 2 (660 MW) and Teesta HPS (1,110 MW) down
Grid Controller of India's NLDC generation outage report for May 19, 2026 shows 2,370 MW in forced central sector outages — led by NTPC's Barh Coal Unit 2 (660 MW) tripped on low air flow, and the Teesta HPS Stage III (six units, 1,200 MW combined) in Sikkim — all out since the October 2023 glacial lake outburst. State sector planned outages added 163.65 MW, predominantly OHPC hydro units in Odisha under scheduled maintenance.
8North-East region records 3,626 MW evening peak on May 19; Assam leads with 2,289 MW, Teesta outage leaves 0.35 MU shortfall
Grid Controller of India's North Eastern Regional Load Despatch Centre reported an evening peak demand of 3,626 MW met on May 19, 2026 with zero shortage, while off-peak demand stood at 1,909 MW. Total day energy for the region was 62.67 MUs. Assam was the largest consumer at 2,289 MW peak, followed by Meghalaya at 368 MW and Tripura at 327 MW. A residual shortfall of 0.35 MU was recorded in Assam.
8Eastern region powers through 32,144 MW evening peak on May 19; West Bengal dominates at 11,656 MW, tiny 0.06 MU shortfall
Grid Controller of India's Eastern Regional Load Despatch Centre recorded an evening peak demand of 32,144 MW on May 19, 2026 with zero shortage. The region's total day energy consumption was 723.76 MUs — a negligible shortfall of 0.06 MU recorded for Bihar. West Bengal led at 11,656 MW peak, followed by Bihar at 8,261 MW and Odisha at 6,479 MW. Thermal generation dominated the regional mix at 332.12 MUs of the 390.93 MU total state sector generation.
8India's national grid achieves zero ATC violation on all interregional corridors on May 19, 2026
Grid Controller of India's National Load Despatch Centre system reliability report for May 19, 2026 confirms zero Available Transfer Capacity violations and zero N-1 criteria violations on all five key inter-regional corridors — WR-NR, ER-NR, NR Import, NEW-SR, and NER Import — indicating stable and uncongested interregional power flow for the day across India's 3,10,724 MW monitored capacity base.
REGIONAL ENERGY ACCOUNT
8Southern region owes Rs. 179.29 crore to ERPC pool; BSPHCL's Rs. 40.30 crore DSM payable tops Eastern drawee list for May week
The Eastern Regional Power Committee's weekly deviation charge statement for May 4-10, 2026 shows Southern Region racking up Rs. 179.29 crore in DSM payable — the highest among all inter-regional entities — while Western Region recorded Rs. 155.97 crore in DSM receivable against a drawl surplus of 2,47,083 MWh. Bihar State Power Holding Company Ltd. led all Eastern drawees with Rs. 40.30 crore payable for a shortfall of 16,261 MWh against schedule.
8NTPC's BARH-I tops ERPC compensation chart at Rs. 5.82 crore in April 2026; West Bengal draws 71% of below-85% schedule shortfall payout
The Eastern Regional Power Committee's energy compensation statement for April 2026 shows NTPC's BARH-I (1,980 MW) commanding the highest payout at Rs. 5.82 crore for operating at 83.71% AUL, followed by NABINAGANR STPP at Rs. 4.41 crore and BARH-II at Rs. 4.67 crore. West Bengal absorbed 71.18% of all below-85%-schedule shortfall compensation across the Eastern Region's beneficiary states, drawing Rs. 3.64 crore from the FSTPS-I&II compensation alone.
8NR owes Rs. 28.17 crore to NERPC pool as Arunachal Pradesh and Mizoram face over Rs. 1 crore each in deviation penalties
The North-Eastern Regional Power Committee ABT deviation charge statement for the week of April 27 to May 3, 2026 shows a total pool balance of Rs. 5.09 crore (surplus), with Northern Region emerging as the single largest payable entity at Rs. 28.17 crore. Arunachal Pradesh clocked a net receivable of Rs. 1.15 crore and Mizoram Rs. 93.84 lakh — both under-drawing against schedule — while Assam and Manipur drew excess power and owe Rs. 1.11 crore and Rs. 55.69 lakh respectively.
8SOLAPUR dominates WRPC SRAS pool as Western region logs Rs. 72.55 lakh net receivable in ancillary energy week
Western Regional Power Committee's Secondary Reserve Ancillary Service account for the week of May 4-10, 2026 recorded a net pool settlement of Rs. 72.55 lakh, with SOLAPUR emerging as the single biggest earner at Rs. 93.09 lakh receivable after contributing 2,861 MWh of regulation-up energy. The TRAS account for the same period logged a gross shortfall-condition compensation of Rs. 5.41 crore in up-regulation and Rs. 7.37 crore in down-regulation across 28 ISTS generators.
8BSPHCL racks up Rs. 7.37 crore DSM payable on 10 May alone as 44-entity ERPC block-wise deviation report lays bare grid indiscipline
Grid Controller of India's Eastern Region block-wise deviation report for the week of May 4-10, 2026, covering 44 entities including BSPHCL, DVC, GRIDCO, WBSETCL and JBVNL, reveals that BSPHCL alone incurred Rs. 7.37 crore in DSM payable on May 10 on a net deviation of -479 MWh, with total weekly DSM payable aggregating Rs. 40.30 crore. Deviations at times exceeded 5,400 MWh on a single day (May 6), with DSM rates ranging from 436 to 1,000 paise/kWh.
8WRLDC issues final commercial schedule data for 04-10 May week; entities given 15-day window to flag discrepancies
The Western Regional Load Despatch Centre, under Grid Controller of India Limited, circulated the final DSM settlement and schedule data for the billing week from May 4 to May 10, 2026, covering all Western Region generators, state drawees, and ancillary service participants. Issued under reference No. WRPC/Comml.-I/4/ABTDSM/2026/5.1, the statement incorporates DSM, TRAS, SCUC, SCED and AVC accounts. All regional entities have been granted a 15-day window to report discrepancies.
8Gujarat leads Western region VAR compensation at Rs. 12.59 lakh as GADARWARA posts Rs. 37 lakh reactive receivable
The Western Regional Power Committee's reactive energy (VARh) charge statement for the week of May 4-10, 2026 reveals Gujarat as the top SEB beneficiary with a net receivable of Rs. 12.59 lakh from the pool, followed by Maharashtra at Rs. 26.31 lakh. On the generation side, NTPC's GADARWARA station leads all generators with Rs. 37.04 lakh receivable due to high-voltage reactive energy injection, while GANDHAR and KAWAS registered net payable positions.
OCC MEETINGS & OUTAGE PLANNING
8Grid-India SCUC schedules 68,581 MWh up-reserve and 62,826 MWh down-reserve for May 19; North Karanpura STPS at 959 MW tops list
Grid Controller of India's National Load Despatch Centre dispatched 68,581 MWh of SCUC-Up and 62,826 MWh of SCUC-Down reserves across the grid on May 19, 2026. North Karanpura STPS led the SCUC schedule at 959.12 MW with an energy charge rate of 208.8 paise/kWh, followed by NPGC at 966 MW (290.9 paise/kWh) and Kahalgaon Stage 2 at 649 MW (288.3 paise/kWh). Gas plants including RGPPL-RLNG and Kawas remained on standby at zero schedule.
8CEA capacity availability: 42,951.88 MW (13.82%) under outage across India on 18 May; Northern region posts largest forced outage of 8,134.06 MW
CEA's Sub-Report-3 puts all-India monitored capacity at 3,10,723.79 MW on May 18, 2026, of which 42,951.88 MW (13.82%) was under outage — leaving 2,67,771.91 MW available online. Planned Maintenance accounted for 4,880.90 MW and Forced Outage for 28,204.91 MW. The Northern region had the largest forced outage of 8,134.06 MW, leaving 68,680.14 MW online from a monitored 81,716.72 MW. The Western region recorded outages of 14,064.10 MW.
8CEA maintenance tracker: Talwandi Sabo Unit 3 (660 MW) forced out from 16 May for abnormal boiler parameters; Anpara Unit 7 (500 MW) down on economiser tube leakage
CEA's combined daily maintenance reports for May 18, 2026 list forced outages of multiple 500+ MW units. Talwandi Sabo TPP Unit 3 (Punjab, 660 MW) was forced out from May 16 at 22:00 hrs for abnormal boiler operational parameters; Anpara TPS Unit 7 (UP, 500 MW) tripped on May 18 at 10:30 for economiser tube leakage; North Karanpura TPP Unit 2 (Jharkhand, 660 MW) at 12:50 for condensate pump problem; and Kalisindh TPS Unit 1 (Rajasthan, 600 MW) at 22:49 for superheater tube leakage.
8CEA recommissions 6,380.55 MW of thermal/nuclear units on 18 May 2026; Sagardighi TPS 660 MW and Talcher STPS 500 MW back after air preheater & electrical faults
CEA's Sub-Report-14 records the recommissioning of 27 thermal/nuclear units totalling 6,380.55 MW on May 18, 2026. The biggest sync-ins include Sagardighi TPS Unit 5 (660 MW) re-synced at 05:09 hrs after Air Preheater Problem, Damodaram Sanjeevaiah TPS Unit 3 (800 MW) at 19:10 after Water Wall Tube Leakage, Vizag TPP Unit 2 (520 MW) at 11:25 after Water Wall Tube Leakage, and Talcher STPS Unit 6 (500 MW) at 19:12 after Electrical Miscellaneous Problems. Details
NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS
May 20:
MINISTRY OF POWER
8Cabinet approves Rs. 37,500-crore surface coal/lignite gasification scheme targeting 100 MT gasification by 2030
The Union Cabinet approved a Scheme for Promotion of Surface Coal/Lignite Gasification Projects with a financial outlay of Rs. 37,500 crore to advance the national target of gasifying 100 Million Tonnes of coal by 2030 and reduce reliance on imported LNG, urea, ammonia and methanol. The scheme offers financial incentives of up to 20% of the cost of Plant and Machinery, disbursed in four equal instalments. Per-project incentive is capped at Rs. 5,000 crore and per-entity-group at Rs. 12,000 crore.
8Coal MoS Satish Chandra Dubey visits ECL's Kunustoria Area; praises FY 2025-26 performance despite operational challenges
Union Minister of State for Coal and Mines Shri Satish Chandra Dubey visited Eastern Coalfields Limited on May 13, 2026, touring the Kunustoria Area where he was received by CMD Shri Satish Jha and Directors including Director (Finance) Md. Anzar Alam. The Minister emphasised balancing coal production with environmental responsibility, urged adoption of modern sustainable mining practices, and congratulated Team ECL for commendable performance during FY 2025-26 despite operational challenges.
8MoS Dubey inspects Belgaria Township rehabilitation under Jharia Master Plan; lays foundation for BCCL livelihood project in Dhanbad
Union MoS for Coal and Mines Shri Satish Chandra Dubey visited Dhanbad on May 13, 2026, inspecting rehabilitation works at Belgaria Township and chairing a review meeting at BCCL Headquarters. He reviewed progress for fire-affected families from the Jharia coalfield region being resettled under the Jharia Master Plan, laid the foundation stone of a BCCL livelihood and employment generation project, and distributed benefits to eligible families, directing agencies to ensure timely execution.
8CMPDIL and MECL sign MoU on mineral exploration during MoS Dubey's Ranchi review of FY 2025-26 performance
Union MoS for Coal and Mines Shri Satish Chandra Dubey chaired a review meeting on May 14, 2026 at Ranchi to assess the performance of Central Mine Planning & Design Institute Limited. The meeting reviewed CMPDI's FY 2025-26 performance across exploration, R&D, CSR and solar projects. CMPDIL signed a Memorandum of Understanding with Mineral Exploration and Consultancy Limited to facilitate cooperation in coal and mineral exploration, while the Minister stressed clean coal technologies and mine closure sustainability.
CEA & GRID STANDARDS
8CEA tracks 60 hydro R&M schemes totalling 10,313.68 MW; programmes 26 schemes (4,884.52 MW LE+U) for 2022-27 and 34 schemes for 2027-32
The Central Electricity Authority's Hydro Engineering & Technology Development and R&M Division released its Quarterly Progress Report for January-March 2026 tracking 60 hydro R&M/LE/U schemes across India. The programme totals an aggregated benefit of 10,313.68 MW, of which 4,884.52 MW is targeted for completion during 2022-27 across 26 schemes. A further 34 schemes totalling 4,908.20 MW are programmed for 2027-32 covering NHPC, BBMB, PSPCL, UJVNL and multiple state generators.
8NRPC's 68th Protection Sub-Committee to address process bus rollout at Prayagraj, Mandola & Meerut substations on May 22
The Northern Regional Power Committee convened the 68th meeting of its Protection Sub-Committee for May 22, 2026 via video conferencing, with an 18-item agenda including IEC 61850-9-2 Process Bus implementation at POWERGRID substations in Prayagraj, Mandola, Hissar, Meerut, and Ballabgarh. The agenda also covers a 220 kV Special Protection Scheme at NHPC's Baiya 600 MW sub-station proposed by Adani Green Energy Limited and the Agra 400 kV bus fault level increase.
8Eastern grid hit by 13 grid disturbances in April 2026; ERPC's 158th PCC flags repeat trippings at Tenughat, JSPL and Bidhannagar
The Eastern Regional Power Committee's 158th Protection Coordination Committee meeting held on May 12, 2026 reviewed 13 grid disturbances across the Eastern Region in April 2026, including incidents at 400/220 kV Tenughat on April 19, 220 kV Bidhannagar on April 2, and 400 kV JSPL-ACPP-II on April 6. Multiple ICT trippings, bus-bar failures, and a Latehar substation multi-element trip on April 24 were discussed, signalling systemic protection vulnerabilities at key WBSETCL and BSPTCL interfaces.
8ERPC's 56th TCC meet in Gangtok to greenlight 765 kV Nawada-Durgapur corridor and review Odisha's FGD compliance with NTPC
The Eastern Regional Power Committee is convening its 56th Technical Coordination Committee meeting on May 25, 2026 in Gangtok, Sikkim, with a 28-point agenda including green-lighting the proposed 765 kV Nawada-Durgapur-Jeerat corridor. The meeting will also review Phase-I compliance for CEA's Flexible Operation Regulations, 2023 and deliberate on GRIDCO's demand for a FGD compliance review for NTPC Category-C projects in Odisha, besides listing AMR system AMC renewal for 2026-29 as a priority agenda item.
8SRPC schedules 70th communication equipment outage coordination meet for May 25; Kaiga nuclear plant included in stakeholder list
The Southern Regional Power Committee issued the agenda for its 70th Communication Equipment Outage Coordination meeting scheduled for May 25, 2026 via video conferencing at 10:30 hrs. The meeting will review planned outages across Southern Region communication infrastructure, with notable invitees including NTPC Kaiga Gas Stage-I and Stage-II, highlighting the integration of nuclear and thermal generation assets into the broader Southern grid communication management ecosystem.
8NRPC circulates minutes of 30th TeST Sub-Committee meet; cyber security and AMR upgrades dominate telecom agenda for Northern grid
The Northern Regional Power Committee circulated the minutes of its 30th Telecommunication, SCADA and Telemetry Sub-Committee meeting held on April 10, 2026 in New Delhi, covering critical grid communication infrastructure updates for the Northern Region. The meeting addressed SCADA/EMS upgrades, Annual Maintenance Contract renewals for AMR systems, and compliance with CEA Cyber Security regulations — issues directly impacting the operational resilience of Northern India's high-voltage transmission backbone. Details
8Cabinet approves Rs. 37,500-crore surface coal/lignite gasification scheme targeting 100 MT gasification by 2030
The Union Cabinet approved a Scheme for Promotion of Surface Coal/Lignite Gasification Projects with a financial outlay of Rs. 37,500 crore to advance the national target of gasifying 100 Million Tonnes of coal by 2030 and reduce reliance on imported LNG, urea, ammonia and methanol. The scheme offers financial incentives of up to 20% of the cost of Plant and Machinery, disbursed in four equal instalments. Per-project incentive is capped at Rs. 5,000 crore and per-entity-group at Rs. 12,000 crore.
8Coal MoS Satish Chandra Dubey visits ECL's Kunustoria Area; praises FY 2025-26 performance despite operational challenges
Union Minister of State for Coal and Mines Shri Satish Chandra Dubey visited Eastern Coalfields Limited on May 13, 2026, touring the Kunustoria Area where he was received by CMD Shri Satish Jha and Directors including Director (Finance) Md. Anzar Alam. The Minister emphasised balancing coal production with environmental responsibility, urged adoption of modern sustainable mining practices, and congratulated Team ECL for commendable performance during FY 2025-26 despite operational challenges.
8MoS Dubey inspects Belgaria Township rehabilitation under Jharia Master Plan; lays foundation for BCCL livelihood project in Dhanbad
Union MoS for Coal and Mines Shri Satish Chandra Dubey visited Dhanbad on May 13, 2026, inspecting rehabilitation works at Belgaria Township and chairing a review meeting at BCCL Headquarters. He reviewed progress for fire-affected families from the Jharia coalfield region being resettled under the Jharia Master Plan, laid the foundation stone of a BCCL livelihood and employment generation project, and distributed benefits to eligible families, directing agencies to ensure timely execution.
8CMPDIL and MECL sign MoU on mineral exploration during MoS Dubey's Ranchi review of FY 2025-26 performance
Union MoS for Coal and Mines Shri Satish Chandra Dubey chaired a review meeting on May 14, 2026 at Ranchi to assess the performance of Central Mine Planning & Design Institute Limited. The meeting reviewed CMPDI's FY 2025-26 performance across exploration, R&D, CSR and solar projects. CMPDIL signed a Memorandum of Understanding with Mineral Exploration and Consultancy Limited to facilitate cooperation in coal and mineral exploration, while the Minister stressed clean coal technologies and mine closure sustainability.
CEA & GRID STANDARDS
8CEA tracks 60 hydro R&M schemes totalling 10,313.68 MW; programmes 26 schemes (4,884.52 MW LE+U) for 2022-27 and 34 schemes for 2027-32
The Central Electricity Authority's Hydro Engineering & Technology Development and R&M Division released its Quarterly Progress Report for January-March 2026 tracking 60 hydro R&M/LE/U schemes across India. The programme totals an aggregated benefit of 10,313.68 MW, of which 4,884.52 MW is targeted for completion during 2022-27 across 26 schemes. A further 34 schemes totalling 4,908.20 MW are programmed for 2027-32 covering NHPC, BBMB, PSPCL, UJVNL and multiple state generators.
8NRPC's 68th Protection Sub-Committee to address process bus rollout at Prayagraj, Mandola & Meerut substations on May 22
The Northern Regional Power Committee convened the 68th meeting of its Protection Sub-Committee for May 22, 2026 via video conferencing, with an 18-item agenda including IEC 61850-9-2 Process Bus implementation at POWERGRID substations in Prayagraj, Mandola, Hissar, Meerut, and Ballabgarh. The agenda also covers a 220 kV Special Protection Scheme at NHPC's Baiya 600 MW sub-station proposed by Adani Green Energy Limited and the Agra 400 kV bus fault level increase.
8Eastern grid hit by 13 grid disturbances in April 2026; ERPC's 158th PCC flags repeat trippings at Tenughat, JSPL and Bidhannagar
The Eastern Regional Power Committee's 158th Protection Coordination Committee meeting held on May 12, 2026 reviewed 13 grid disturbances across the Eastern Region in April 2026, including incidents at 400/220 kV Tenughat on April 19, 220 kV Bidhannagar on April 2, and 400 kV JSPL-ACPP-II on April 6. Multiple ICT trippings, bus-bar failures, and a Latehar substation multi-element trip on April 24 were discussed, signalling systemic protection vulnerabilities at key WBSETCL and BSPTCL interfaces.
8ERPC's 56th TCC meet in Gangtok to greenlight 765 kV Nawada-Durgapur corridor and review Odisha's FGD compliance with NTPC
The Eastern Regional Power Committee is convening its 56th Technical Coordination Committee meeting on May 25, 2026 in Gangtok, Sikkim, with a 28-point agenda including green-lighting the proposed 765 kV Nawada-Durgapur-Jeerat corridor. The meeting will also review Phase-I compliance for CEA's Flexible Operation Regulations, 2023 and deliberate on GRIDCO's demand for a FGD compliance review for NTPC Category-C projects in Odisha, besides listing AMR system AMC renewal for 2026-29 as a priority agenda item.
8SRPC schedules 70th communication equipment outage coordination meet for May 25; Kaiga nuclear plant included in stakeholder list
The Southern Regional Power Committee issued the agenda for its 70th Communication Equipment Outage Coordination meeting scheduled for May 25, 2026 via video conferencing at 10:30 hrs. The meeting will review planned outages across Southern Region communication infrastructure, with notable invitees including NTPC Kaiga Gas Stage-I and Stage-II, highlighting the integration of nuclear and thermal generation assets into the broader Southern grid communication management ecosystem.
8NRPC circulates minutes of 30th TeST Sub-Committee meet; cyber security and AMR upgrades dominate telecom agenda for Northern grid
The Northern Regional Power Committee circulated the minutes of its 30th Telecommunication, SCADA and Telemetry Sub-Committee meeting held on April 10, 2026 in New Delhi, covering critical grid communication infrastructure updates for the Northern Region. The meeting addressed SCADA/EMS upgrades, Annual Maintenance Contract renewals for AMR systems, and compliance with CEA Cyber Security regulations — issues directly impacting the operational resilience of Northern India's high-voltage transmission backbone. Details
NEWS UPDATE: RENEWABLE ENERGY
May 20:
SOLAR POWER
8India's RE daily output hits 996.33 MU on 18 May 2026 (solar 672.17 + wind 296.45 MU); Rajasthan leads with 308.94 MU and Gujarat 275.52 MU
CEA's Daily Renewable Generation Report dated May 18, 2026 shows all-India renewable generation of 996.33 MU — comprising Wind 296.45 MU, Solar 672.17 MU and Bio/Bagasse/Other Small RES 27.71 MU. Rajasthan led with 308.94 MU (wind 59.58 + solar 246.47 MU) and a cumulative 4,489.12 MU during May 2026, while Gujarat produced 275.52 MU. Cumulatively during May 2026, India has generated 16,735.41 MU of renewable energy.
8Solar hours deliver 27.67% VRE penetration on all-India grid on May 18; max wind+solar breaches 71 GW
India's National Load Despatch Centre Renewable Energy Management Centre data for May 18, 2026 reveals that during solar hours (06:00-18:00), Variable Renewable Energy (wind + solar) penetration touched 27.67% of all-India demand met — with solar contributing 22.42% and wind 5.25% — against a total demand of 2,57,370 MUs. During non-solar hours, only wind power at 5.84% was available as VRE. Maximum VRE generation for the day reached 14,433 MW.
8India curtailed 300 GWh of renewable energy in Q1 2026 due to transmission constraints; 20 GW capacity faces connectivity delays
A research report published May 19, 2026 reveals that India curtailed 300 GWh of renewable energy in Q1 2026 (January-March) due to transmission constraints — nearly two-thirds of all national grid curtailment. Additionally, 25% of transmission projects planned for completion by FY2026-27 are delayed by more than one year, while 20 GW of renewable capacity is expected to face grid connectivity delays of over four months in FY2026-27, calling for urgent planning reforms.
8NDMC's FY 2023-24 power purchase records reveal Delhi MSW Solutions billing at Rs. 7.03/kWh for waste-to-energy exports
Supporting annexures to New Delhi Municipal Council's True-Up petition for FY 2023-24 include multiple bills from Delhi MSW Solutions Limited for waste-to-energy exports — recording units of 6.57 lakh kWh (April 2023), 6.07 lakh kWh (May 2023) and 6.05 lakh kWh (June 2023) at Rs. 7.03/kWh each — as part of long-term power procurement documentation submitted to the Delhi Electricity Regulatory Commission.
STORAGE & GREEN HYDROGEN
8KPI Green's Sun Drops Energia inks 120 MW / 240 MWh BESS deal with GUVNL; group's total BESS portfolio hits 565 MW / 1,130 MWh
Sun Drops Energia Limited, a subsidiary of KPI Green Energy Limited, executed a Battery Energy Storage Purchase Agreement with Gujarat Urja Vikas Nigam Limited for a 120 MW / 240 MWh standalone BESS project — to be developed at 220 kV Gariyadhar (65 MW / 130 MWh) and 220 kV Otha (55 MW / 110 MWh) substations in Gujarat. Combined with the earlier 445 MW / 890 MWh BESPA, the group's cumulative standalone BESS portfolio now stands at 565 MW / 1,130 MWh.
WIND & HYBRID POWER
8Seatrium tops up NUS CDE ocean energy professorship with S$1.7M; total contribution crosses S$5 million mark
Singapore's Seatrium Limited announced an additional contribution of approximately S$1.7 million to the Seatrium Professorship at the National University of Singapore's College of Design and Engineering, taking the total contribution above S$5 million. The professorship, established in 2023 and focused on offshore wind, has attracted internationally recognised experts including Professor Gerard van Bussel and CEOs of ABS and DNV, with each public lecture drawing over 400 participants.
POLICY & INCENTIVES
8CEA floats Amendment-II to Transmission Planning Criteria Manual 2023, adding 1150 kV voltage class and new generic models
The Central Electricity Authority invited stakeholder suggestions on the draft Amendment-II to the CEA Manual on Transmission Planning Criteria 2023. The proposed Amendment-II inserts provisions for the 1150 kV voltage class, modifications in parameters of certain conductors, new generic models, and modifications in load and capacity factors. Comments may be submitted by June 8, 2026 to Chief Engineer (PSPA-II) at cea-pspa2@gov.in.
8Japan's IEEJ flags critical minerals security, LNG outlook and nuclear policy challenges in FY2026 energy report
The Institute of Energy Economics Japan published its FY2026 energy outlook in IEEJ Energy Journal Vol. 21, No. 2, covering economic and energy forecasts, international oil and gas market outlooks, climate change policy challenges, renewable energy trends, and nuclear energy policy for 2026. The report spotlights the securitisation of critical minerals, US-Japan cooperation, and the emergence of North American West Coast LNG as strategic priorities for Japan's energy security.
8KPMG India calls for 'integrated lifecycle partner' model as data centre boom overwhelms fragmented service providers (2026-2030)
KPMG India's May 2026 report argues that rapid AI-driven workloads, data localisation requirements, and 5G expansion are creating an unprecedented data centre scaling demand that fragmented service providers cannot meet. The report urges the industry to adopt an integrated lifecycle partner model covering planning, construction, deployment, and operations, with specialised liquid cooling and high-density power frameworks for GPU-based AI infrastructure expected to drive significant power sector demand through 2030. Details
8India's RE daily output hits 996.33 MU on 18 May 2026 (solar 672.17 + wind 296.45 MU); Rajasthan leads with 308.94 MU and Gujarat 275.52 MU
CEA's Daily Renewable Generation Report dated May 18, 2026 shows all-India renewable generation of 996.33 MU — comprising Wind 296.45 MU, Solar 672.17 MU and Bio/Bagasse/Other Small RES 27.71 MU. Rajasthan led with 308.94 MU (wind 59.58 + solar 246.47 MU) and a cumulative 4,489.12 MU during May 2026, while Gujarat produced 275.52 MU. Cumulatively during May 2026, India has generated 16,735.41 MU of renewable energy.
8Solar hours deliver 27.67% VRE penetration on all-India grid on May 18; max wind+solar breaches 71 GW
India's National Load Despatch Centre Renewable Energy Management Centre data for May 18, 2026 reveals that during solar hours (06:00-18:00), Variable Renewable Energy (wind + solar) penetration touched 27.67% of all-India demand met — with solar contributing 22.42% and wind 5.25% — against a total demand of 2,57,370 MUs. During non-solar hours, only wind power at 5.84% was available as VRE. Maximum VRE generation for the day reached 14,433 MW.
8India curtailed 300 GWh of renewable energy in Q1 2026 due to transmission constraints; 20 GW capacity faces connectivity delays
A research report published May 19, 2026 reveals that India curtailed 300 GWh of renewable energy in Q1 2026 (January-March) due to transmission constraints — nearly two-thirds of all national grid curtailment. Additionally, 25% of transmission projects planned for completion by FY2026-27 are delayed by more than one year, while 20 GW of renewable capacity is expected to face grid connectivity delays of over four months in FY2026-27, calling for urgent planning reforms.
8NDMC's FY 2023-24 power purchase records reveal Delhi MSW Solutions billing at Rs. 7.03/kWh for waste-to-energy exports
Supporting annexures to New Delhi Municipal Council's True-Up petition for FY 2023-24 include multiple bills from Delhi MSW Solutions Limited for waste-to-energy exports — recording units of 6.57 lakh kWh (April 2023), 6.07 lakh kWh (May 2023) and 6.05 lakh kWh (June 2023) at Rs. 7.03/kWh each — as part of long-term power procurement documentation submitted to the Delhi Electricity Regulatory Commission.
STORAGE & GREEN HYDROGEN
8KPI Green's Sun Drops Energia inks 120 MW / 240 MWh BESS deal with GUVNL; group's total BESS portfolio hits 565 MW / 1,130 MWh
Sun Drops Energia Limited, a subsidiary of KPI Green Energy Limited, executed a Battery Energy Storage Purchase Agreement with Gujarat Urja Vikas Nigam Limited for a 120 MW / 240 MWh standalone BESS project — to be developed at 220 kV Gariyadhar (65 MW / 130 MWh) and 220 kV Otha (55 MW / 110 MWh) substations in Gujarat. Combined with the earlier 445 MW / 890 MWh BESPA, the group's cumulative standalone BESS portfolio now stands at 565 MW / 1,130 MWh.
WIND & HYBRID POWER
8Seatrium tops up NUS CDE ocean energy professorship with S$1.7M; total contribution crosses S$5 million mark
Singapore's Seatrium Limited announced an additional contribution of approximately S$1.7 million to the Seatrium Professorship at the National University of Singapore's College of Design and Engineering, taking the total contribution above S$5 million. The professorship, established in 2023 and focused on offshore wind, has attracted internationally recognised experts including Professor Gerard van Bussel and CEOs of ABS and DNV, with each public lecture drawing over 400 participants.
POLICY & INCENTIVES
8CEA floats Amendment-II to Transmission Planning Criteria Manual 2023, adding 1150 kV voltage class and new generic models
The Central Electricity Authority invited stakeholder suggestions on the draft Amendment-II to the CEA Manual on Transmission Planning Criteria 2023. The proposed Amendment-II inserts provisions for the 1150 kV voltage class, modifications in parameters of certain conductors, new generic models, and modifications in load and capacity factors. Comments may be submitted by June 8, 2026 to Chief Engineer (PSPA-II) at cea-pspa2@gov.in.
8Japan's IEEJ flags critical minerals security, LNG outlook and nuclear policy challenges in FY2026 energy report
The Institute of Energy Economics Japan published its FY2026 energy outlook in IEEJ Energy Journal Vol. 21, No. 2, covering economic and energy forecasts, international oil and gas market outlooks, climate change policy challenges, renewable energy trends, and nuclear energy policy for 2026. The report spotlights the securitisation of critical minerals, US-Japan cooperation, and the emergence of North American West Coast LNG as strategic priorities for Japan's energy security.
8KPMG India calls for 'integrated lifecycle partner' model as data centre boom overwhelms fragmented service providers (2026-2030)
KPMG India's May 2026 report argues that rapid AI-driven workloads, data localisation requirements, and 5G expansion are creating an unprecedented data centre scaling demand that fragmented service providers cannot meet. The report urges the industry to adopt an integrated lifecycle partner model covering planning, construction, deployment, and operations, with specialised liquid cooling and high-density power frameworks for GPU-based AI infrastructure expected to drive significant power sector demand through 2030. Details
NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION
May 20:
WORK ORDERS & SUPPLY CONTRACTS
8Transformers and Rectifiers India bags Rs. 175 crore order for 4 transformers and 5 reactors for RRVPNL projects in Rajasthan
Transformers and Rectifiers (India) Limited announced on May 19, 2026 that it has secured a Rs. 175 crore domestic order from Bhanwariya Infra Projects Private Limited for manufacturing 4 transformers and 5 reactors for the 400/220 kV GSSs at Kumher-Bharatpur and Amber-Jaipur for Rajasthan Rajya Vidyut Prasaran Nigam Limited. Delivery is scheduled on or before March 2028. The company trades on NSE as TARIL and on BSE under scrip code 532928.
8PSPCL adds four new 66 kV transmission upgrade works to 2025-26 works list under RDSS and priority schemes
Punjab State Power Corporation Limited amended its 2025-26 Transmission Works List to include four new priority upgrade proposals: replacement of HRP conductor on Harchowal-Tugalwal line at Rs. 528.22 lakh; construction of new 66 kV substation at Village Rajia under Barnala Circle at Rs. 414.57 lakh; augmentation of 66 kV Shahpur Jajan conductor at Rs. 339.57 lakh; and creation of independent circuit for Manwal from Ranipur at Rs. 30 lakh — all under RDSS scheme financing.
CAPACITY COMMISSIONING
8Godawari Power & Ispat commissions 25 MWp captive solar plant in Chhattisgarh to power iron ore mines and cut DISCOM costs
Godawari Power & Ispat Limited announced that its 25 MWp captive solar power plant at Chawardhal, Rajnandgaon, Chhattisgarh was commissioned and synchronized with the grid on May 19, 2026. The solar output will replace high-cost DISCOM power at the Ari Dongri and Boria Tibu Iron Ore Mines, supporting the company's green initiative and reducing its carbon footprint. GPIL trades on NSE as GPIL and on BSE under scrip code 532734.
EQUITY & STAKE ACQUISITION
8JSW Energy buys additional stake in Toshiba JSW Power Systems; shareholding rises to 20.7% (non-diluted)
JSW Energy Limited executed definitive agreements to acquire an additional equity stake in Toshiba JSW Power Systems Private Limited (TJPS) from Toshiba Corporation, Japan. Following this secondary purchase, JSW Energy's shareholding in TJPS will increase to 20.7% on a non-diluted basis and 10.7% on a fully diluted basis. JSW Energy trades on NSE as JSWENERGY and on BSE under scrip code 533148, and disclosed the transaction under SEBI Regulation 30.
8Sahaj Solar's UAE subsidiary inks shareholders' agreement with Clarion Investment to build 750 MW solar panel factory
Sahaj Solar Limited disclosed that Sahaj Renewable Energy Trading — FZCO, its wholly-owned UAE subsidiary, executed a Shareholders' Agreement with Clarion Investment LLC on May 18, 2026 to form Sahaj Energy Solar Panels Manufacturing LLC — a joint venture company to develop and set up a 750 MW solar panel manufacturing facility in the UAE. NSE-listed Sahaj Solar trades under the ticker SAHAJSOLAR.
8Vikran Engineering issues corrigendum on 49% stake acquisition in NOPL Solar; corrects SPA date to April 27, 2026
Vikran Engineering Limited filed a corrigendum on May 19, 2026 correcting an error in its earlier disclosure regarding the completion of acquisition of a 49% equity stake in NOPL Solar Projects Private Limited — the Share Purchase Agreement date was inadvertently mentioned as April 27, 2025, instead of the correct date of April 27, 2026. The acquisition of 4,900 shares was completed on May 15, 2026. The company trades on BSE under scrip code 544496 and on NSE as VIKRAN. Details
8Transformers and Rectifiers India bags Rs. 175 crore order for 4 transformers and 5 reactors for RRVPNL projects in Rajasthan
Transformers and Rectifiers (India) Limited announced on May 19, 2026 that it has secured a Rs. 175 crore domestic order from Bhanwariya Infra Projects Private Limited for manufacturing 4 transformers and 5 reactors for the 400/220 kV GSSs at Kumher-Bharatpur and Amber-Jaipur for Rajasthan Rajya Vidyut Prasaran Nigam Limited. Delivery is scheduled on or before March 2028. The company trades on NSE as TARIL and on BSE under scrip code 532928.
8PSPCL adds four new 66 kV transmission upgrade works to 2025-26 works list under RDSS and priority schemes
Punjab State Power Corporation Limited amended its 2025-26 Transmission Works List to include four new priority upgrade proposals: replacement of HRP conductor on Harchowal-Tugalwal line at Rs. 528.22 lakh; construction of new 66 kV substation at Village Rajia under Barnala Circle at Rs. 414.57 lakh; augmentation of 66 kV Shahpur Jajan conductor at Rs. 339.57 lakh; and creation of independent circuit for Manwal from Ranipur at Rs. 30 lakh — all under RDSS scheme financing.
CAPACITY COMMISSIONING
8Godawari Power & Ispat commissions 25 MWp captive solar plant in Chhattisgarh to power iron ore mines and cut DISCOM costs
Godawari Power & Ispat Limited announced that its 25 MWp captive solar power plant at Chawardhal, Rajnandgaon, Chhattisgarh was commissioned and synchronized with the grid on May 19, 2026. The solar output will replace high-cost DISCOM power at the Ari Dongri and Boria Tibu Iron Ore Mines, supporting the company's green initiative and reducing its carbon footprint. GPIL trades on NSE as GPIL and on BSE under scrip code 532734.
EQUITY & STAKE ACQUISITION
8JSW Energy buys additional stake in Toshiba JSW Power Systems; shareholding rises to 20.7% (non-diluted)
JSW Energy Limited executed definitive agreements to acquire an additional equity stake in Toshiba JSW Power Systems Private Limited (TJPS) from Toshiba Corporation, Japan. Following this secondary purchase, JSW Energy's shareholding in TJPS will increase to 20.7% on a non-diluted basis and 10.7% on a fully diluted basis. JSW Energy trades on NSE as JSWENERGY and on BSE under scrip code 533148, and disclosed the transaction under SEBI Regulation 30.
8Sahaj Solar's UAE subsidiary inks shareholders' agreement with Clarion Investment to build 750 MW solar panel factory
Sahaj Solar Limited disclosed that Sahaj Renewable Energy Trading — FZCO, its wholly-owned UAE subsidiary, executed a Shareholders' Agreement with Clarion Investment LLC on May 18, 2026 to form Sahaj Energy Solar Panels Manufacturing LLC — a joint venture company to develop and set up a 750 MW solar panel manufacturing facility in the UAE. NSE-listed Sahaj Solar trades under the ticker SAHAJSOLAR.
8Vikran Engineering issues corrigendum on 49% stake acquisition in NOPL Solar; corrects SPA date to April 27, 2026
Vikran Engineering Limited filed a corrigendum on May 19, 2026 correcting an error in its earlier disclosure regarding the completion of acquisition of a 49% equity stake in NOPL Solar Projects Private Limited — the Share Purchase Agreement date was inadvertently mentioned as April 27, 2025, instead of the correct date of April 27, 2026. The acquisition of 4,900 shares was completed on May 15, 2026. The company trades on BSE under scrip code 544496 and on NSE as VIKRAN. Details
NEWS UPDATE: TARIFF & REGULATORY ORDERS
May 20:
COMMISSION ORDERS (CERC/SERC)
8CERC proposes transmission licence to SR-ER Power Transmission for 765 kV Srikakulam-Angul D/c link with scheduled COD of 3 August 2028
The Central Electricity Regulatory Commission proposed to grant an inter-State transmission licence to SR and ER Power Transmission Limited for strengthening between the Southern and Eastern Grids on a BOOT basis. The project includes a 765 kV Angul-Srikakulam D/c line with 240 MVAr Switchable Line Reactors at both ends and GIS/AIS line bays, with a scheduled COD of 30 months (3 August 2028). POWERGRID will provide free space at both substations and stakeholders may file objections by May 23, 2026.
8GERC reserves order on KPI Green Energy's plea for COD extension of 5.5 MW wind-solar hybrid project against GETCO
The Gujarat Electricity Regulatory Commission, comprising Chairman Pankaj Joshi and Member Jatin N. Thakkar, reserved its order in Petition No. 2521 of 2025 filed by KPI Green Energy Limited under Sections 86(1)(c), (e) and (f) of the Electricity Act, 2003, seeking extension of the commissioning timeline for its 5.5 MW Wind-Solar Hybrid Project against Gujarat Energy Transmission Corporation Limited. The matter was last heard on May 19, 2026.
8TNERC adjourns TNPDCL and TANTRANSCO petitions to 9 June 2026; reserves order in TANTRANSCO M.P. 65/2025 and hears Tata Power plea
The Tamil Nadu Electricity Regulatory Commission, comprising Chairman Thiru R. Manivannan and Member Thiru K. Venkatesan, passed orders on May 19, 2026 in multiple petitions. M.P. No. 12 of 2026 by TNPDCL and M.P. No. 81 of 2025 by TANTRANSCO were adjourned to June 9, 2026. In M.P. No. 65 of 2025 by TANTRANSCO, the order was reserved after brief arguments. M.P. No. 58 of 2025 by Tata Power was also heard on the same day.
8CERC switches to mostly video-conferencing hearings; only 1 hybrid slot in three-hearing weeks per Ministry of Power letters
The Central Electricity Regulatory Commission issued Notice No. L-1/278/2026/CERC dated May 19, 2026 announcing new hearing modalities in view of Ministry of Power letters dated May 11 and 14, 2026. In weeks where three hearings are scheduled, only one hearing will be conducted in Hybrid Mode. On days with only one or two hearings, proceedings will be conducted through Video Conferencing only. All public hearings will be via Video Conferencing only.
8UERC reserves order in UJVN's bid to revisit renewable energy tariff rules
The Uttarakhand Electricity Regulatory Commission reserved its order in a review application filed by UJVN Ltd. against a January 6, 2026 suo-moto Commission order that touched on tariff supply terms for renewable energy and non-fossil co-generation stations. The next ruling could reshape how RE tariffs are re-opened in Uttarakhand, with implications for renewable energy developers and the state utility under Misc. Application No. 27 of 2026.
8UJVN's Galogi SHP plea survives despite 4-year delay: UERC admits tariff re-determination at Rs. 4.12/kWh
The Uttarakhand Electricity Regulatory Commission admitted UJVN Ltd.'s petition for re-determination of tariff for the 3.5 MW Galogi Small Hydro Project — even after a four-year delay in filing post RMU completion in February 2022. The Commission noted that the claimed tariff of Rs. 4.12/kWh is well below the applicable generic tariff of Rs. 6.33/kWh, and that post-renovation generation surged from 2.81 MUs to 8.08 MUs — a decisive factor in admitting the case.
8UPCL gets 7 days to file written response as UERC presses penalty non-payment case
The Uttarakhand Electricity Regulatory Commission granted Uttarakhand Power Corporation Ltd. a week's extension to file its written submissions in a suo-moto proceeding under Sections 142, 146 and 149 of the Electricity Act, 2003 — initiated over UPCL's alleged non-payment of penalties for delay in releasing new LT connections, following directions issued as far back as April 2024 under Petition No. 69 of 2025.
8UERC disposes of Himalaya Hydro's deemed generation petitions for Motighat and Tanga SHPs after 2-year silence
The Uttarakhand Electricity Regulatory Commission disposed of petitions filed by M/s Himalaya Hydro Private Limited claiming deemed generation dues for the 5 MW Motighat SHP and the 5 MW Tanga SHP, noting the petitioner had not approached the Commission for over two years since the Commission last directed a joint monthly reconciliation exercise with UPCL in April 2024 under Petition No. 16 of 2024.
8PSERC admits PSPCL petition for 50 MW solar power at revised tariff of Rs. 2.84/kWh; hearing set for June 10
The Punjab State Electricity Regulatory Commission admitted a petition filed by Punjab State Power Corporation Limited seeking approval for procurement of 50 MW (2x25 MW) solar power from Photon Suryodaya Private Limited at a revised net tariff of Rs. 2.84/kWh, along with an extension of the Scheduled Commercial Operation Date by 12 months. A hearing is scheduled for June 10, 2026 at 11:30 AM under Petition No. 40 of 2026.
8UPERC hearing advances: UPPCL seeks approval to procure 1,000 MW source-agnostic peak power under medium-term tender
The Uttar Pradesh Electricity Regulatory Commission heard Petition No. 2213 of 2025 on May 12, 2026, where U.P. Power Corporation Limited renewed its prayer to procure 1,000 MW of source-agnostic peak power for the grid window of 19:00 hrs to 05:00 hrs during April-September under a medium-term arrangement. UPPCL requested permission to file an additional affidavit to revise the proposed Appointed Date of June 1, 2026.
8DERC schedules June 5 public hearing on FY 2023-24 True-Up petitions of IPGCL, PPCL, NDMC and TPDDL
The Delhi Electricity Regulatory Commission announced a hybrid public hearing for June 5, 2026 at 11:30 AM to receive stakeholder comments on FY 2023-24 True-Up petitions filed by Indraprastha Power Generation Company Limited, Pragati Power Corporation Limited, New Delhi Municipal Council, and Tata Power Delhi Distribution Limited. Stakeholders must register by June 2, 2026 at 5:00 PM at dercpublichearing@gmail.com.
8MPERC floats RFP for consultant to frame MYT Distribution Regulation 2026; bid deadline June 12
The Madhya Pradesh Electricity Regulatory Commission issued a Request for Proposal on May 19, 2026 seeking an eligible consultant to support framing of its Multi-Year Tariff Distribution Regulation 2026 and determination of True-Up, Annual Revenue Requirement and Retail Supply Tariff orders for state DISCOMs, MPIDC SEZ, Pithampur Area and MPIDC Industrial Area at Mohasa-Babai. Technical bids are due by 14:00 hours on June 12, 2026.
REGULATORY PETITION & REVIEW
8Serentica warns CERC: project delay plus MEC could wipe out 5.38% of equity IRR for 100 MW hybrid projects
Serentica Renewables flagged that the proposed Milestone Extension Charges (MEC) framework under CERC Petition 5/SM/2026, combined with project IDC impact, could erode Equity IRR by as much as 5.38% for a 100 MW Hybrid plant and 4.52% for a 300 MW Solar project on a 12-month delay — translating to a combined financial hit of Rs. 199.01 crore on Hybrid, Rs. 135 crore on Solar and Rs. 106.82 crore on Wind capacity. The developer proposed slashing MEC to Rs. 750/MW/month.
8NSEFI flags 40-42 GW of RE projects at risk; demands 50% cut in MEC rates and exemption from force majeure penalties
The National Solar Energy Federation of India warned CERC that approximately 40-42 GW of renewable energy projects are affected by uncontrollable delays under Petition 5/SM/2026. NSEFI demanded a 50% cut in base MEC rates to Rs. 750/MW/day for Land/FC and Rs. 1,500/MW/day for COD, a 3-6 month Neutral Window for state delays, automatic clock-pause on procurer-driven PPA delays, a 30-day refund timeline for unutilised MEC, and Bank Guarantees in lieu of advance cash payments.
8TNPDCL pushes back: demands minimum land threshold be raised from 20% to 50% to curb speculative connectivity hoarding
Tamil Nadu Power Distribution Corporation Limited urged CERC to tighten the proposed MEC framework under Petition 5/SM/2026, arguing the 20% land-availability threshold is inadequate and must be raised to at least 50% to deter speculative corridor blocking, with a progressive penalty structure of 10% of Land BG in the first month, 20% in the second and 30% in the third — followed by automatic connectivity revocation. TNPDCL warned COD delays disrupt DISCOM load forecasting and derail RPO compliance.
8NTPC Green Energy demands scrapping of 20% land threshold and a flat Rs. 1,500/MW/day MEC for financial closure extensions
State-run NTPC Green Energy Limited called for the complete removal of the 20% minimum land threshold under Regulation 11A(1) in its CERC submission on Petition 5/SM/2026. NGEL proposed a single route-neutral 50% land submission criterion and demanded a uniform Rs. 1,500/MW/day MEC for the entire 6-month FC extension — against the proposed escalation to Rs. 1,950/MW/day in the 6th month — and a critical 'adjust or refund' mechanism for intermediate milestone penalties.
8Avaada Energy demands MEC holiday for first 6 months of COD delay; seeks LOA-to-land route conversion without cancellation
Avaada Energy urged CERC to waive Milestone Extension Charges for the first 6 months of COD delay under Petition 5/SM/2026, proposing a graded MEC structure where months 7-18 attract zero penalty, months 18-21 attract Rs. 3,000/MW/day, months 22-24 attract Rs. 4,500/MW/day, and the final 6 months attract Rs. 6,000/MW/day. Avaada also flagged non-recognition of COD achievement by CTUIL and demanded LOA-to-Land route conversion without cancellation of the LOA.
8Sprng Energy flags 30x MEC escalation risk on 3.3 GWp operational portfolio; seeks force majeure relief
Sprng Energy Private Limited, the Shell Group's Indian renewable IPP with around 3.3 GWp of operational capacity and 1.7 GWp under construction, warned CERC that the proposed MEC structure under Petition 5/SM/2026 imposes a 30x penalty jump from Rs. 3,000/MW/month for the first six post-firm-start months to Rs. 3,000/MW/day from month seven. Sprng listed five force majeure-class causes outside developer control and sought a 6-month COD grace beyond GNA effectiveness.
8Gentari proposes MEC cap at Rs. 5,000/MW/month for interim milestones and Rs. 10,000/MW/month for COD; calls current draft unconstitutional
Gentari Sdn Bhd, the Petronas-owned clean energy company, urged CERC to cap Milestone Extension Charges at Rs. 5,000/MW per month for interim milestone slippage and Rs. 10,000/MW per month for COD delays, far below the draft's escalating slab that peaks at Rs. 6,000/MW/day. Gentari argued MEC imposed without delay attribution is 'against natural justice' and proposed that penalties be held by CTU in a separate escrow-style account pending post-COD review of delay reasons. Details
8CERC proposes transmission licence to SR-ER Power Transmission for 765 kV Srikakulam-Angul D/c link with scheduled COD of 3 August 2028
The Central Electricity Regulatory Commission proposed to grant an inter-State transmission licence to SR and ER Power Transmission Limited for strengthening between the Southern and Eastern Grids on a BOOT basis. The project includes a 765 kV Angul-Srikakulam D/c line with 240 MVAr Switchable Line Reactors at both ends and GIS/AIS line bays, with a scheduled COD of 30 months (3 August 2028). POWERGRID will provide free space at both substations and stakeholders may file objections by May 23, 2026.
8GERC reserves order on KPI Green Energy's plea for COD extension of 5.5 MW wind-solar hybrid project against GETCO
The Gujarat Electricity Regulatory Commission, comprising Chairman Pankaj Joshi and Member Jatin N. Thakkar, reserved its order in Petition No. 2521 of 2025 filed by KPI Green Energy Limited under Sections 86(1)(c), (e) and (f) of the Electricity Act, 2003, seeking extension of the commissioning timeline for its 5.5 MW Wind-Solar Hybrid Project against Gujarat Energy Transmission Corporation Limited. The matter was last heard on May 19, 2026.
8TNERC adjourns TNPDCL and TANTRANSCO petitions to 9 June 2026; reserves order in TANTRANSCO M.P. 65/2025 and hears Tata Power plea
The Tamil Nadu Electricity Regulatory Commission, comprising Chairman Thiru R. Manivannan and Member Thiru K. Venkatesan, passed orders on May 19, 2026 in multiple petitions. M.P. No. 12 of 2026 by TNPDCL and M.P. No. 81 of 2025 by TANTRANSCO were adjourned to June 9, 2026. In M.P. No. 65 of 2025 by TANTRANSCO, the order was reserved after brief arguments. M.P. No. 58 of 2025 by Tata Power was also heard on the same day.
8CERC switches to mostly video-conferencing hearings; only 1 hybrid slot in three-hearing weeks per Ministry of Power letters
The Central Electricity Regulatory Commission issued Notice No. L-1/278/2026/CERC dated May 19, 2026 announcing new hearing modalities in view of Ministry of Power letters dated May 11 and 14, 2026. In weeks where three hearings are scheduled, only one hearing will be conducted in Hybrid Mode. On days with only one or two hearings, proceedings will be conducted through Video Conferencing only. All public hearings will be via Video Conferencing only.
8UERC reserves order in UJVN's bid to revisit renewable energy tariff rules
The Uttarakhand Electricity Regulatory Commission reserved its order in a review application filed by UJVN Ltd. against a January 6, 2026 suo-moto Commission order that touched on tariff supply terms for renewable energy and non-fossil co-generation stations. The next ruling could reshape how RE tariffs are re-opened in Uttarakhand, with implications for renewable energy developers and the state utility under Misc. Application No. 27 of 2026.
8UJVN's Galogi SHP plea survives despite 4-year delay: UERC admits tariff re-determination at Rs. 4.12/kWh
The Uttarakhand Electricity Regulatory Commission admitted UJVN Ltd.'s petition for re-determination of tariff for the 3.5 MW Galogi Small Hydro Project — even after a four-year delay in filing post RMU completion in February 2022. The Commission noted that the claimed tariff of Rs. 4.12/kWh is well below the applicable generic tariff of Rs. 6.33/kWh, and that post-renovation generation surged from 2.81 MUs to 8.08 MUs — a decisive factor in admitting the case.
8UPCL gets 7 days to file written response as UERC presses penalty non-payment case
The Uttarakhand Electricity Regulatory Commission granted Uttarakhand Power Corporation Ltd. a week's extension to file its written submissions in a suo-moto proceeding under Sections 142, 146 and 149 of the Electricity Act, 2003 — initiated over UPCL's alleged non-payment of penalties for delay in releasing new LT connections, following directions issued as far back as April 2024 under Petition No. 69 of 2025.
8UERC disposes of Himalaya Hydro's deemed generation petitions for Motighat and Tanga SHPs after 2-year silence
The Uttarakhand Electricity Regulatory Commission disposed of petitions filed by M/s Himalaya Hydro Private Limited claiming deemed generation dues for the 5 MW Motighat SHP and the 5 MW Tanga SHP, noting the petitioner had not approached the Commission for over two years since the Commission last directed a joint monthly reconciliation exercise with UPCL in April 2024 under Petition No. 16 of 2024.
8PSERC admits PSPCL petition for 50 MW solar power at revised tariff of Rs. 2.84/kWh; hearing set for June 10
The Punjab State Electricity Regulatory Commission admitted a petition filed by Punjab State Power Corporation Limited seeking approval for procurement of 50 MW (2x25 MW) solar power from Photon Suryodaya Private Limited at a revised net tariff of Rs. 2.84/kWh, along with an extension of the Scheduled Commercial Operation Date by 12 months. A hearing is scheduled for June 10, 2026 at 11:30 AM under Petition No. 40 of 2026.
8UPERC hearing advances: UPPCL seeks approval to procure 1,000 MW source-agnostic peak power under medium-term tender
The Uttar Pradesh Electricity Regulatory Commission heard Petition No. 2213 of 2025 on May 12, 2026, where U.P. Power Corporation Limited renewed its prayer to procure 1,000 MW of source-agnostic peak power for the grid window of 19:00 hrs to 05:00 hrs during April-September under a medium-term arrangement. UPPCL requested permission to file an additional affidavit to revise the proposed Appointed Date of June 1, 2026.
8DERC schedules June 5 public hearing on FY 2023-24 True-Up petitions of IPGCL, PPCL, NDMC and TPDDL
The Delhi Electricity Regulatory Commission announced a hybrid public hearing for June 5, 2026 at 11:30 AM to receive stakeholder comments on FY 2023-24 True-Up petitions filed by Indraprastha Power Generation Company Limited, Pragati Power Corporation Limited, New Delhi Municipal Council, and Tata Power Delhi Distribution Limited. Stakeholders must register by June 2, 2026 at 5:00 PM at dercpublichearing@gmail.com.
8MPERC floats RFP for consultant to frame MYT Distribution Regulation 2026; bid deadline June 12
The Madhya Pradesh Electricity Regulatory Commission issued a Request for Proposal on May 19, 2026 seeking an eligible consultant to support framing of its Multi-Year Tariff Distribution Regulation 2026 and determination of True-Up, Annual Revenue Requirement and Retail Supply Tariff orders for state DISCOMs, MPIDC SEZ, Pithampur Area and MPIDC Industrial Area at Mohasa-Babai. Technical bids are due by 14:00 hours on June 12, 2026.
REGULATORY PETITION & REVIEW
8Serentica warns CERC: project delay plus MEC could wipe out 5.38% of equity IRR for 100 MW hybrid projects
Serentica Renewables flagged that the proposed Milestone Extension Charges (MEC) framework under CERC Petition 5/SM/2026, combined with project IDC impact, could erode Equity IRR by as much as 5.38% for a 100 MW Hybrid plant and 4.52% for a 300 MW Solar project on a 12-month delay — translating to a combined financial hit of Rs. 199.01 crore on Hybrid, Rs. 135 crore on Solar and Rs. 106.82 crore on Wind capacity. The developer proposed slashing MEC to Rs. 750/MW/month.
8NSEFI flags 40-42 GW of RE projects at risk; demands 50% cut in MEC rates and exemption from force majeure penalties
The National Solar Energy Federation of India warned CERC that approximately 40-42 GW of renewable energy projects are affected by uncontrollable delays under Petition 5/SM/2026. NSEFI demanded a 50% cut in base MEC rates to Rs. 750/MW/day for Land/FC and Rs. 1,500/MW/day for COD, a 3-6 month Neutral Window for state delays, automatic clock-pause on procurer-driven PPA delays, a 30-day refund timeline for unutilised MEC, and Bank Guarantees in lieu of advance cash payments.
8TNPDCL pushes back: demands minimum land threshold be raised from 20% to 50% to curb speculative connectivity hoarding
Tamil Nadu Power Distribution Corporation Limited urged CERC to tighten the proposed MEC framework under Petition 5/SM/2026, arguing the 20% land-availability threshold is inadequate and must be raised to at least 50% to deter speculative corridor blocking, with a progressive penalty structure of 10% of Land BG in the first month, 20% in the second and 30% in the third — followed by automatic connectivity revocation. TNPDCL warned COD delays disrupt DISCOM load forecasting and derail RPO compliance.
8NTPC Green Energy demands scrapping of 20% land threshold and a flat Rs. 1,500/MW/day MEC for financial closure extensions
State-run NTPC Green Energy Limited called for the complete removal of the 20% minimum land threshold under Regulation 11A(1) in its CERC submission on Petition 5/SM/2026. NGEL proposed a single route-neutral 50% land submission criterion and demanded a uniform Rs. 1,500/MW/day MEC for the entire 6-month FC extension — against the proposed escalation to Rs. 1,950/MW/day in the 6th month — and a critical 'adjust or refund' mechanism for intermediate milestone penalties.
8Avaada Energy demands MEC holiday for first 6 months of COD delay; seeks LOA-to-land route conversion without cancellation
Avaada Energy urged CERC to waive Milestone Extension Charges for the first 6 months of COD delay under Petition 5/SM/2026, proposing a graded MEC structure where months 7-18 attract zero penalty, months 18-21 attract Rs. 3,000/MW/day, months 22-24 attract Rs. 4,500/MW/day, and the final 6 months attract Rs. 6,000/MW/day. Avaada also flagged non-recognition of COD achievement by CTUIL and demanded LOA-to-Land route conversion without cancellation of the LOA.
8Sprng Energy flags 30x MEC escalation risk on 3.3 GWp operational portfolio; seeks force majeure relief
Sprng Energy Private Limited, the Shell Group's Indian renewable IPP with around 3.3 GWp of operational capacity and 1.7 GWp under construction, warned CERC that the proposed MEC structure under Petition 5/SM/2026 imposes a 30x penalty jump from Rs. 3,000/MW/month for the first six post-firm-start months to Rs. 3,000/MW/day from month seven. Sprng listed five force majeure-class causes outside developer control and sought a 6-month COD grace beyond GNA effectiveness.
8Gentari proposes MEC cap at Rs. 5,000/MW/month for interim milestones and Rs. 10,000/MW/month for COD; calls current draft unconstitutional
Gentari Sdn Bhd, the Petronas-owned clean energy company, urged CERC to cap Milestone Extension Charges at Rs. 5,000/MW per month for interim milestone slippage and Rs. 10,000/MW per month for COD delays, far below the draft's escalating slab that peaks at Rs. 6,000/MW/day. Gentari argued MEC imposed without delay attribution is 'against natural justice' and proposed that penalties be held by CTU in a separate escrow-style account pending post-COD review of delay reasons. Details
NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE
May 20:
QUARTERLY RESULTS
8GE Vernova T&D India posts 37% revenue jump to Rs. 1,47,761 million in FY26; order book surges 188%
GE Vernova T&D India Limited's investor presentation for Q4 FY26 reveals a 37% revenue leap to Rs. 1,47,761 million for FY26 and an order book growth of 188%, with 92% of revenues from the domestic segment and 76% from its transformer and switchgear business. Q4 FY26 revenue at Rs. 214.6 million improved sharply versus Q4 FY25, cementing the former GE T&D India's transformation under the GE Vernova brand.
8TD Power Systems posts 35% income growth to Rs. 17.37 billion in FY26; PAT jumps 42% to Rs. 2.18 billion
TD Power Systems Limited disclosed FY26 standalone total income of Rs. 17.37 billion — up 35% from Rs. 12.88 billion — with EBITDA margin improving to 18.14% from 17.46%. PAT grew 42% to Rs. 2.18 billion. Order book for the manufacturing segment stood at Rs. 19.73 billion, with the generator business accounting for Rs. 16.77 billion and exports comprising 76% of the non-railway order book.
8PTC India Q4 FY26 trading volume surges 24% to 23,572 MUs; full-year volume at 92,802 MUs, dividend Rs. 8.50/share
PTC India Limited reported Q4 FY26 standalone trading volume growth of 24% to 23,572 MUs, with total operating margin rising 29% to Rs. 104.02 crore. For full-year FY26, trading volume grew 12% to 92,802 MUs and core trading margin stood at 3.35 paisa per unit. Consolidated PAT from continuing operations was Rs. 717.44 crore. The board declared a final dividend of Rs. 5.50/share, bringing total FY26 dividend to Rs. 8.50/share.
8Genus Power Q4 FY26 revenue surges 62.7% to Rs. 1,523.7 crore; total order book at Rs. 25,173 crore across SPVs
Genus Power Infrastructures Limited reported Q4 FY26 standalone revenue of Rs. 1,523.7 crore — a robust 62.7% year-on-year growth versus Rs. 936.8 crore in Q4 FY25, driven by strong execution momentum. As on March 31, 2026, the company's total order book including all SPVs and GIC Platform stood at Rs. 25,173 crore (net of taxes) under 8-9 year concession periods, reflecting its leadership in the Smart Metering and AMISP segment.
8Triveni Turbine Q4 FY26 revenue rises 26.3% YoY; EBITDA margin contracts 354 bps amid adverse project mix, Rs. 850 million forex MTM loss
Triveni Turbine Limited reported Q4 FY26 revenue growth of 26.3% year-on-year, but EBITDA margin contracted 354 basis points to 18.8% due to adverse project mix, lower aftermarket contribution, and execution of a strategic low-margin NTPC energy storage order. The company absorbed a Rs. 850 million mark-to-market forex loss in Q4. Order inflows remained healthy at Rs. 7.5 billion (+19% YoY), with global product enquiries rising to approximately 18 GW.
8IPGCL posts Rs. 13,712 lakh net profit in FY 2023-24 as total assets touch Rs. 2,71,925 lakh
Indraprastha Power Generation Company Limited reported a net profit of Rs. 13,712.29 lakh for FY 2023-24, down from Rs. 15,415.61 lakh in the previous year, as total income fell to Rs. 63,313 lakh versus Rs. 80,189 lakh. Total assets stood at Rs. 2,71,925 lakh. The Delhi government undertaking's equity base remains anchored at Rs. 73,654 lakh, with basic EPS at Rs. 1.86 per share.
8Tata Power-DDL logs Rs. 312 crore revenue gap in FY 2023-24; distribution loss beats target at 5.93%
Tata Power Delhi Distribution Limited disclosed a revenue gap of Rs. 312.46 crore for FY 2023-24, with Aggregate Revenue Requirement at Rs. 1,779.72 crore against available revenue of only Rs. 1,467.26 crore. The utility sold 10,028.30 MUs at an average billing rate of Rs. 10.86/kWh and outperformed its 6.91% distribution loss target by 0.98 percentage points, earning an overachievement incentive of Rs. 38.05 crore.
8Tata Power-DDL FY 2023-24 audited P&L shows Rs. 658.70 crore pre-tax profit on Rs. 10,396 crore gross revenue; PAT at Rs. 452.50 crore
Volume II of Tata Power Delhi Distribution Limited's True-Up petition for FY 2023-24 filed with DERC reveals audited standalone revenue from sale of power of Rs. 10,396.26 crore, total revenue including open access and other income of Rs. 10,007.22 crore, and profit before tax of Rs. 658.70 crore. After income tax and deferred tax, PAT stood at Rs. 452.50 crore, with power purchase costs of Rs. 6,331.65 crore.
8IPGCL and PPCL log combined fixed cost of Rs. 262 crore for FY 2023-24 True-Up; GTPS availability at 83.22% against PPS-I's 98.61%
Delhi's two state-owned generation utilities — Indraprastha Power Generation Company Limited and Pragati Power Corporation Limited — submitted True-Up data for FY 2023-24 showing GTPS with an Annual Fixed Cost of Rs. 92.96 crore (fixed cost Rs. 3.812/kWh on 243.88 MU net generation) and PPS-I at Rs. 169.11 crore (Rs. 2.066/kWh on 818.53 MU). GTPS availability stood at 83.22% against PPS-I's 98.61%.
8Tata Power-DDL petitions DERC: Aggregate Revenue Requirement of Rs. 1,787 crore for FY 2023-24 and Rs. 312 crore revenue gap disclosed
Tata Power Delhi Distribution Limited filed its comprehensive True-Up petition for FY 2023-24 and Annual Revenue Requirement for FY 2025-26 with DERC in October 2024, disclosing an aggregate ARR of Rs. 1,787.43 crore and a revenue gap of Rs. 312.46 crore for FY 2023-24. Net Power Purchase Cost accounted for the largest share at Rs. 1,301.23 crore (100% allocated to retail supply), with wheeling ARR at Rs. 310.74 crore.
DIVIDEND & BOARD DECISIONS
8PTC India board approves FY26 results, recommends Rs. 5.50/share final dividend; statutory auditors give unmodified opinion
PTC India Limited's Board of Directors meeting on May 19, 2026 approved audited standalone and consolidated financial results for Q4 and FY26 ended March 31, 2026, with statutory auditors M/s T R Chadha & Co LLP issuing an unmodified opinion. The board recommended a final dividend of Rs. 5.50 per share (55% on face value of Rs. 10) for FY26. The record date for dividend eligibility will be announced separately.
8PTC India board re-initiates process to monetise PFS stake, reversing 2021 pause decision
PTC India Limited's Board of Directors, in its meeting on May 19, 2026, reversed its August 2021 decision to pause the monetisation of its investment in PTC India Financial Services Limited (PFS), a subsidiary. The board decided to re-initiate exploration of opportunities for monetising its PFS stake, subject to necessary regulatory approvals. The company committed to updating stock exchanges on all material developments.
8Waa Solar approves FY26 audited results, appoints new internal auditor and cost auditor for FY 2026-27
Waa Solar Limited's Board, in a meeting on May 19, 2026, approved standalone and consolidated audited financial results for the half-year and year ended March 31, 2026. The board also appointed M/s Samrat Mewada & Associates as Internal Auditors (Firm Registration No. 139725W) and Mr. Mitesh Suvagiya as Cost Auditor for FY 2026-27. Waa Solar is listed on BSE under scrip code 541445.
8BGR Energy Systems calls May 25 board meeting to approve FY26 results and consider authorised capital increase
BGR Energy Systems Limited notified stock exchanges that its board will meet on May 25, 2026 to approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider increasing its Authorised Share Capital along with alteration of the capital clause of the Memorandum of Association. The company trades on NSE as BGRENERGY and on BSE under scrip code 532930.
8Jindal Steel & Power initiates postal ballot; e-voting window opens May 20, closes June 18, 2026
Jindal Steel & Power Limited initiated a postal ballot process, electronically dispatching notices to all registered members. Remote e-voting through CDSL opens at 9:00 AM on May 20, 2026 and closes at 5:00 PM on June 18, 2026, with the cut-off date for shareholder eligibility set at May 15, 2026. The company trades on BSE under scrip code 532286 and on NSE as JINDALSTEL.
EARNINGS CALL & ANALYST MEET
8PowerGrid hosts Mumbai analyst meet on May 18 post Q4 & FY26 results; audio-video recording now available
Power Grid Corporation of India Limited held its Analysts' and Institutional Investors' Meet in Mumbai on May 18, 2026 at 11:30 AM, where senior management discussed the company's business and outlook following its declaration of audited financial results for Q4 and FY26 ended March 31, 2026. Audio and video recordings of the meet are available on PowerGrid's official website for analysts and investors.
8NTPC schedules May 23 analyst conference call to discuss Q4 & FY26 results with senior management
NTPC Limited announced it will hold a conference call on May 23, 2026, where senior management will discuss the company's financial results for the quarter and year ended March 31, 2026. The call is open to analysts and investors. NTPC's senior management interaction follows Q4 and FY26 results, with further details available on the company's official website under the investor relations section.
8Sarda Energy & Minerals schedules May 25 earnings call to discuss Q4 & FY26 strategy and outlook
Sarda Energy & Minerals Limited announced an earnings conference call for institutional investors and analysts on Monday, May 25, 2026 at 11:00 AM IST to discuss its Q4 and full-year FY26 results. The call will be led by Managing Director Pankaj Sarda, Deputy MD Manish Sarda, Director & CFO Padam Kumar Jain, and Executive Director Nilay Joshi. The company trades on BSE under scrip code 504614 and on NSE as SARDAEN.
8JSW Energy lines up investor roadshow at 360ONE Trinity India 2026 and Morgan Stanley India Forum in May-June
JSW Energy Limited disclosed a schedule of institutional investor meetings — a group meeting at 360ONE's Trinity India 2026 event in Mumbai on May 29, 2026, and another at the Morgan Stanley India Investment Forum 2026 on June 3, 2026, to discuss business outlook and strategy. The disclosure was made under SEBI Regulation 30. JSW Energy trades on NSE as JSWENERGY and on BSE under scrip code 533148.
8GK Energy CMD Gopal Kabra presents Q4 & FY26 results; company debuts full-year earnings call as listed entity
GK Energy Limited released the transcript of its Q4 & FY26 Earnings Conference Call held on May 13, 2026, led by Chairman, MD & CEO Gopal Kabra and CFO Sunil Malu. The call marks the company's first major investor engagement post-listing, hosted by X-B4 Advisory and available at the company's investor relations website. GK Energy trades on NSE as GKENERGY and on BSE under scrip code 544525.
8Power Mech Projects schedules May 22 investor call to discuss Q4 FY26 results via Ashika Institutional Equities
Power Mech Projects Limited announced a conference call on May 22, 2026 at 11:00 AM IST to discuss its Q4 FY26 performance, hosted by Ashika Institutional Equities. The call will be represented by Executive Director Rohit Sajja, Director (Non-Board, Business Development) S.K. Ramaiah, and CFO N. Nani Aravind. The company trades on BSE under scrip code 539302 and on NSE as POWERMECH.
8Ircon International to host Q4 & FY26 earnings conference call on May 25; results to be discussed by senior management
Ircon International Limited, a Navratna PSU, announced a conference call on May 25, 2026 at 3:30 PM IST for analysts and institutional investors to discuss its financial results for the quarter and financial year ended March 31, 2026. The company trades on both BSE and NSE under the ticker IRCON. Senior management will interact with investors to discuss performance and the business outlook for the Navratna infrastructure company.
8Maxvolt Energy Industries releases H2 FY26 earnings call transcript; co-founder Gupta and CEO Shukla present results
Maxvolt Energy Industries Limited submitted the transcript of its H2 FY26 Earnings Conference Call held on May 13, 2026 to stock exchanges. The call was led by Co-Founder, Chairman & Whole-Time Director Vishal Gupta and Co-Founder & CEO Satendra Shukla, hosted by X-B4 Advisory. The transcript and audio recording are available on the company's website. The company trades on NSE under the ticker MAXVOLT.
8Waaree Renewable Technologies senior management meets institutional investors one-on-one in Mumbai on May 22
Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, disclosed a one-to-one in-person meeting between its senior management and institutional investors/analysts scheduled for May 22, 2026 from 4:00 PM to 6:00 PM at Goregaon East, Mumbai, under SEBI Regulation 30. The company trades on BSE under scrip code 534618 and on NSE as WAAREERTL, operating in the renewable energy EPC and solutions space.
8GE Power India releases Q4 FY26 earnings call transcript; MD Puneet Bhatla and WTD & CFO Aashish Ghai present results
GE Power India Limited submitted the transcript of its Q4 FY26 Investors Conference Call held on May 12, 2026 to stock exchanges. The call was led by Managing Director Puneet Bhatla and Whole-Time Director & CFO Aashish Ghai, who discussed the company's performance for the quarter ended March 31, 2026. GE Power India trades on BSE under scrip code 532309 and on NSE as GVPIL.
8GE Vernova T&D India uploads earnings conference call recording for Q4 & FY26 to company website
GE Vernova T&D India Limited disclosed on May 19, 2026 that the audio recording of its earnings conference call — covering standalone and consolidated audited financial results for Q4 and FY26 ended March 31, 2026 — is available on the company's website at the investor relations section. The call was held on May 19, 2026. The company trades on NSE as GVT&D and on BSE under scrip code 522275.
CREDIT RATING & ANALYST REPORT
8ICRA realigns Suzlon Energy's credit limits; [ICRA]A+ (Stable)/A1 rating maintained on Rs. 2,635 crore total facilities
ICRA revised the allocation of Suzlon Energy Limited's rated bank limits — increasing fund-based and non-fund-based facilities from Rs. 1,100 crore to Rs. 2,257 crore and reducing unallocated limits from Rs. 1,535 crore to Rs. 378 crore — while maintaining the overall rating at [ICRA]A+ (Stable)/[ICRA]A1 on total facilities of Rs. 2,635 crore. Suzlon holds a cumulative 29% market share in India's wind energy market with over 15.5 GW installed capacity as of December 2025.
8Analyst puts Triveni Turbine on HOLD at Rs. 638 target; enquiry pipeline at 18 GW globally, domestic inquiries double YoY to 7 GW
An analyst report on Triveni Turbine Limited dated May 20, 2026 maintains a HOLD rating with a target price of Rs. 638. Management guides FY27 revenue growth similar to FY26, with global product enquiries rising to approximately 18 GW and domestic enquiries doubling YoY to approximately 7 GW. Exports are expected to outgrow the domestic business in FY27. New revenue streams including geothermal, ORC, and CO2-based energy are being explored by the company.
8CareEdge downgrades Madhav Solar Vadodara Rooftop to CARE B+; stable from BB on non-cooperation
CareEdge Ratings downgraded the long-term bank facilities of Madhav Solar (Vadodara Rooftop) Private Limited — amounting to Rs. 5.89 crore — from 'CARE BB; Stable' to 'CARE B+; Stable' after the company failed to cooperate despite repeated information requests via emails in February and March 2026. The rating continues under the 'Issuer Non-Cooperating' category as MSRPL failed to provide monitoring information in breach of its Rating Agreement.
8Borosil Renewables Executive Chairman Pradeep Kumar Kheruka discusses business outlook on ET Now
Borosil Renewables Limited disclosed on May 19, 2026 that its Executive Chairman, Mr. Pradeep Kumar Kheruka, appeared on ET Now to discuss the company's general business update and outlook. The interview is available on the company's official YouTube channel and its website. Borosil Renewables trades on BSE under scrip code 502219 and on NSE as BORORENEW, and manufactures solar glass for the photovoltaic industry. Details
8GE Vernova T&D India posts 37% revenue jump to Rs. 1,47,761 million in FY26; order book surges 188%
GE Vernova T&D India Limited's investor presentation for Q4 FY26 reveals a 37% revenue leap to Rs. 1,47,761 million for FY26 and an order book growth of 188%, with 92% of revenues from the domestic segment and 76% from its transformer and switchgear business. Q4 FY26 revenue at Rs. 214.6 million improved sharply versus Q4 FY25, cementing the former GE T&D India's transformation under the GE Vernova brand.
8TD Power Systems posts 35% income growth to Rs. 17.37 billion in FY26; PAT jumps 42% to Rs. 2.18 billion
TD Power Systems Limited disclosed FY26 standalone total income of Rs. 17.37 billion — up 35% from Rs. 12.88 billion — with EBITDA margin improving to 18.14% from 17.46%. PAT grew 42% to Rs. 2.18 billion. Order book for the manufacturing segment stood at Rs. 19.73 billion, with the generator business accounting for Rs. 16.77 billion and exports comprising 76% of the non-railway order book.
8PTC India Q4 FY26 trading volume surges 24% to 23,572 MUs; full-year volume at 92,802 MUs, dividend Rs. 8.50/share
PTC India Limited reported Q4 FY26 standalone trading volume growth of 24% to 23,572 MUs, with total operating margin rising 29% to Rs. 104.02 crore. For full-year FY26, trading volume grew 12% to 92,802 MUs and core trading margin stood at 3.35 paisa per unit. Consolidated PAT from continuing operations was Rs. 717.44 crore. The board declared a final dividend of Rs. 5.50/share, bringing total FY26 dividend to Rs. 8.50/share.
8Genus Power Q4 FY26 revenue surges 62.7% to Rs. 1,523.7 crore; total order book at Rs. 25,173 crore across SPVs
Genus Power Infrastructures Limited reported Q4 FY26 standalone revenue of Rs. 1,523.7 crore — a robust 62.7% year-on-year growth versus Rs. 936.8 crore in Q4 FY25, driven by strong execution momentum. As on March 31, 2026, the company's total order book including all SPVs and GIC Platform stood at Rs. 25,173 crore (net of taxes) under 8-9 year concession periods, reflecting its leadership in the Smart Metering and AMISP segment.
8Triveni Turbine Q4 FY26 revenue rises 26.3% YoY; EBITDA margin contracts 354 bps amid adverse project mix, Rs. 850 million forex MTM loss
Triveni Turbine Limited reported Q4 FY26 revenue growth of 26.3% year-on-year, but EBITDA margin contracted 354 basis points to 18.8% due to adverse project mix, lower aftermarket contribution, and execution of a strategic low-margin NTPC energy storage order. The company absorbed a Rs. 850 million mark-to-market forex loss in Q4. Order inflows remained healthy at Rs. 7.5 billion (+19% YoY), with global product enquiries rising to approximately 18 GW.
8IPGCL posts Rs. 13,712 lakh net profit in FY 2023-24 as total assets touch Rs. 2,71,925 lakh
Indraprastha Power Generation Company Limited reported a net profit of Rs. 13,712.29 lakh for FY 2023-24, down from Rs. 15,415.61 lakh in the previous year, as total income fell to Rs. 63,313 lakh versus Rs. 80,189 lakh. Total assets stood at Rs. 2,71,925 lakh. The Delhi government undertaking's equity base remains anchored at Rs. 73,654 lakh, with basic EPS at Rs. 1.86 per share.
8Tata Power-DDL logs Rs. 312 crore revenue gap in FY 2023-24; distribution loss beats target at 5.93%
Tata Power Delhi Distribution Limited disclosed a revenue gap of Rs. 312.46 crore for FY 2023-24, with Aggregate Revenue Requirement at Rs. 1,779.72 crore against available revenue of only Rs. 1,467.26 crore. The utility sold 10,028.30 MUs at an average billing rate of Rs. 10.86/kWh and outperformed its 6.91% distribution loss target by 0.98 percentage points, earning an overachievement incentive of Rs. 38.05 crore.
8Tata Power-DDL FY 2023-24 audited P&L shows Rs. 658.70 crore pre-tax profit on Rs. 10,396 crore gross revenue; PAT at Rs. 452.50 crore
Volume II of Tata Power Delhi Distribution Limited's True-Up petition for FY 2023-24 filed with DERC reveals audited standalone revenue from sale of power of Rs. 10,396.26 crore, total revenue including open access and other income of Rs. 10,007.22 crore, and profit before tax of Rs. 658.70 crore. After income tax and deferred tax, PAT stood at Rs. 452.50 crore, with power purchase costs of Rs. 6,331.65 crore.
8IPGCL and PPCL log combined fixed cost of Rs. 262 crore for FY 2023-24 True-Up; GTPS availability at 83.22% against PPS-I's 98.61%
Delhi's two state-owned generation utilities — Indraprastha Power Generation Company Limited and Pragati Power Corporation Limited — submitted True-Up data for FY 2023-24 showing GTPS with an Annual Fixed Cost of Rs. 92.96 crore (fixed cost Rs. 3.812/kWh on 243.88 MU net generation) and PPS-I at Rs. 169.11 crore (Rs. 2.066/kWh on 818.53 MU). GTPS availability stood at 83.22% against PPS-I's 98.61%.
8Tata Power-DDL petitions DERC: Aggregate Revenue Requirement of Rs. 1,787 crore for FY 2023-24 and Rs. 312 crore revenue gap disclosed
Tata Power Delhi Distribution Limited filed its comprehensive True-Up petition for FY 2023-24 and Annual Revenue Requirement for FY 2025-26 with DERC in October 2024, disclosing an aggregate ARR of Rs. 1,787.43 crore and a revenue gap of Rs. 312.46 crore for FY 2023-24. Net Power Purchase Cost accounted for the largest share at Rs. 1,301.23 crore (100% allocated to retail supply), with wheeling ARR at Rs. 310.74 crore.
DIVIDEND & BOARD DECISIONS
8PTC India board approves FY26 results, recommends Rs. 5.50/share final dividend; statutory auditors give unmodified opinion
PTC India Limited's Board of Directors meeting on May 19, 2026 approved audited standalone and consolidated financial results for Q4 and FY26 ended March 31, 2026, with statutory auditors M/s T R Chadha & Co LLP issuing an unmodified opinion. The board recommended a final dividend of Rs. 5.50 per share (55% on face value of Rs. 10) for FY26. The record date for dividend eligibility will be announced separately.
8PTC India board re-initiates process to monetise PFS stake, reversing 2021 pause decision
PTC India Limited's Board of Directors, in its meeting on May 19, 2026, reversed its August 2021 decision to pause the monetisation of its investment in PTC India Financial Services Limited (PFS), a subsidiary. The board decided to re-initiate exploration of opportunities for monetising its PFS stake, subject to necessary regulatory approvals. The company committed to updating stock exchanges on all material developments.
8Waa Solar approves FY26 audited results, appoints new internal auditor and cost auditor for FY 2026-27
Waa Solar Limited's Board, in a meeting on May 19, 2026, approved standalone and consolidated audited financial results for the half-year and year ended March 31, 2026. The board also appointed M/s Samrat Mewada & Associates as Internal Auditors (Firm Registration No. 139725W) and Mr. Mitesh Suvagiya as Cost Auditor for FY 2026-27. Waa Solar is listed on BSE under scrip code 541445.
8BGR Energy Systems calls May 25 board meeting to approve FY26 results and consider authorised capital increase
BGR Energy Systems Limited notified stock exchanges that its board will meet on May 25, 2026 to approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider increasing its Authorised Share Capital along with alteration of the capital clause of the Memorandum of Association. The company trades on NSE as BGRENERGY and on BSE under scrip code 532930.
8Jindal Steel & Power initiates postal ballot; e-voting window opens May 20, closes June 18, 2026
Jindal Steel & Power Limited initiated a postal ballot process, electronically dispatching notices to all registered members. Remote e-voting through CDSL opens at 9:00 AM on May 20, 2026 and closes at 5:00 PM on June 18, 2026, with the cut-off date for shareholder eligibility set at May 15, 2026. The company trades on BSE under scrip code 532286 and on NSE as JINDALSTEL.
EARNINGS CALL & ANALYST MEET
8PowerGrid hosts Mumbai analyst meet on May 18 post Q4 & FY26 results; audio-video recording now available
Power Grid Corporation of India Limited held its Analysts' and Institutional Investors' Meet in Mumbai on May 18, 2026 at 11:30 AM, where senior management discussed the company's business and outlook following its declaration of audited financial results for Q4 and FY26 ended March 31, 2026. Audio and video recordings of the meet are available on PowerGrid's official website for analysts and investors.
8NTPC schedules May 23 analyst conference call to discuss Q4 & FY26 results with senior management
NTPC Limited announced it will hold a conference call on May 23, 2026, where senior management will discuss the company's financial results for the quarter and year ended March 31, 2026. The call is open to analysts and investors. NTPC's senior management interaction follows Q4 and FY26 results, with further details available on the company's official website under the investor relations section.
8Sarda Energy & Minerals schedules May 25 earnings call to discuss Q4 & FY26 strategy and outlook
Sarda Energy & Minerals Limited announced an earnings conference call for institutional investors and analysts on Monday, May 25, 2026 at 11:00 AM IST to discuss its Q4 and full-year FY26 results. The call will be led by Managing Director Pankaj Sarda, Deputy MD Manish Sarda, Director & CFO Padam Kumar Jain, and Executive Director Nilay Joshi. The company trades on BSE under scrip code 504614 and on NSE as SARDAEN.
8JSW Energy lines up investor roadshow at 360ONE Trinity India 2026 and Morgan Stanley India Forum in May-June
JSW Energy Limited disclosed a schedule of institutional investor meetings — a group meeting at 360ONE's Trinity India 2026 event in Mumbai on May 29, 2026, and another at the Morgan Stanley India Investment Forum 2026 on June 3, 2026, to discuss business outlook and strategy. The disclosure was made under SEBI Regulation 30. JSW Energy trades on NSE as JSWENERGY and on BSE under scrip code 533148.
8GK Energy CMD Gopal Kabra presents Q4 & FY26 results; company debuts full-year earnings call as listed entity
GK Energy Limited released the transcript of its Q4 & FY26 Earnings Conference Call held on May 13, 2026, led by Chairman, MD & CEO Gopal Kabra and CFO Sunil Malu. The call marks the company's first major investor engagement post-listing, hosted by X-B4 Advisory and available at the company's investor relations website. GK Energy trades on NSE as GKENERGY and on BSE under scrip code 544525.
8Power Mech Projects schedules May 22 investor call to discuss Q4 FY26 results via Ashika Institutional Equities
Power Mech Projects Limited announced a conference call on May 22, 2026 at 11:00 AM IST to discuss its Q4 FY26 performance, hosted by Ashika Institutional Equities. The call will be represented by Executive Director Rohit Sajja, Director (Non-Board, Business Development) S.K. Ramaiah, and CFO N. Nani Aravind. The company trades on BSE under scrip code 539302 and on NSE as POWERMECH.
8Ircon International to host Q4 & FY26 earnings conference call on May 25; results to be discussed by senior management
Ircon International Limited, a Navratna PSU, announced a conference call on May 25, 2026 at 3:30 PM IST for analysts and institutional investors to discuss its financial results for the quarter and financial year ended March 31, 2026. The company trades on both BSE and NSE under the ticker IRCON. Senior management will interact with investors to discuss performance and the business outlook for the Navratna infrastructure company.
8Maxvolt Energy Industries releases H2 FY26 earnings call transcript; co-founder Gupta and CEO Shukla present results
Maxvolt Energy Industries Limited submitted the transcript of its H2 FY26 Earnings Conference Call held on May 13, 2026 to stock exchanges. The call was led by Co-Founder, Chairman & Whole-Time Director Vishal Gupta and Co-Founder & CEO Satendra Shukla, hosted by X-B4 Advisory. The transcript and audio recording are available on the company's website. The company trades on NSE under the ticker MAXVOLT.
8Waaree Renewable Technologies senior management meets institutional investors one-on-one in Mumbai on May 22
Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, disclosed a one-to-one in-person meeting between its senior management and institutional investors/analysts scheduled for May 22, 2026 from 4:00 PM to 6:00 PM at Goregaon East, Mumbai, under SEBI Regulation 30. The company trades on BSE under scrip code 534618 and on NSE as WAAREERTL, operating in the renewable energy EPC and solutions space.
8GE Power India releases Q4 FY26 earnings call transcript; MD Puneet Bhatla and WTD & CFO Aashish Ghai present results
GE Power India Limited submitted the transcript of its Q4 FY26 Investors Conference Call held on May 12, 2026 to stock exchanges. The call was led by Managing Director Puneet Bhatla and Whole-Time Director & CFO Aashish Ghai, who discussed the company's performance for the quarter ended March 31, 2026. GE Power India trades on BSE under scrip code 532309 and on NSE as GVPIL.
8GE Vernova T&D India uploads earnings conference call recording for Q4 & FY26 to company website
GE Vernova T&D India Limited disclosed on May 19, 2026 that the audio recording of its earnings conference call — covering standalone and consolidated audited financial results for Q4 and FY26 ended March 31, 2026 — is available on the company's website at the investor relations section. The call was held on May 19, 2026. The company trades on NSE as GVT&D and on BSE under scrip code 522275.
CREDIT RATING & ANALYST REPORT
8ICRA realigns Suzlon Energy's credit limits; [ICRA]A+ (Stable)/A1 rating maintained on Rs. 2,635 crore total facilities
ICRA revised the allocation of Suzlon Energy Limited's rated bank limits — increasing fund-based and non-fund-based facilities from Rs. 1,100 crore to Rs. 2,257 crore and reducing unallocated limits from Rs. 1,535 crore to Rs. 378 crore — while maintaining the overall rating at [ICRA]A+ (Stable)/[ICRA]A1 on total facilities of Rs. 2,635 crore. Suzlon holds a cumulative 29% market share in India's wind energy market with over 15.5 GW installed capacity as of December 2025.
8Analyst puts Triveni Turbine on HOLD at Rs. 638 target; enquiry pipeline at 18 GW globally, domestic inquiries double YoY to 7 GW
An analyst report on Triveni Turbine Limited dated May 20, 2026 maintains a HOLD rating with a target price of Rs. 638. Management guides FY27 revenue growth similar to FY26, with global product enquiries rising to approximately 18 GW and domestic enquiries doubling YoY to approximately 7 GW. Exports are expected to outgrow the domestic business in FY27. New revenue streams including geothermal, ORC, and CO2-based energy are being explored by the company.
8CareEdge downgrades Madhav Solar Vadodara Rooftop to CARE B+; stable from BB on non-cooperation
CareEdge Ratings downgraded the long-term bank facilities of Madhav Solar (Vadodara Rooftop) Private Limited — amounting to Rs. 5.89 crore — from 'CARE BB; Stable' to 'CARE B+; Stable' after the company failed to cooperate despite repeated information requests via emails in February and March 2026. The rating continues under the 'Issuer Non-Cooperating' category as MSRPL failed to provide monitoring information in breach of its Rating Agreement.
8Borosil Renewables Executive Chairman Pradeep Kumar Kheruka discusses business outlook on ET Now
Borosil Renewables Limited disclosed on May 19, 2026 that its Executive Chairman, Mr. Pradeep Kumar Kheruka, appeared on ET Now to discuss the company's general business update and outlook. The interview is available on the company's official YouTube channel and its website. Borosil Renewables trades on BSE under scrip code 502219 and on NSE as BORORENEW, and manufactures solar glass for the photovoltaic industry. Details
Download tenders and news clips
May 20:
For reference purposes the website carries here the following tenders:
8Tender for work of construction of 33 kV underground line Details
8Tender for complete maintenance work including 33 kV, 11 kV HT/LT maintenance, emergency breakdown etc. Details
8Tender for supply of various type of HT/SS fasteners Details
8Tender for supply of 245KV class centre break isolators with and without earth switch Details
8Tender for annual rate contract for chemical treatment of condenser cooling water system Details
8Tender for works contract for supply, installation, testing and commissioning of 256 ton capacity VRF/VRV chilled air system Details
8Tender for pipeline replacement project Details
8Tender for repair and maintenance of switch yard Details
8Tender for service, repair and maintenance contract of package/ductable ACs installed Details
8Tender for under water inspection, checking, cleaning and temporary sealing Details
8Tender for inner side miscellaneous civil repair works Details
8Tender for paver tiles work Details
8Tender for work of on-line leak sealing services for high pressure & high temperature steam valves, flanges, lines etc. Details
8Tender for work of pipe laying, fabrication and conveyor support structure Details
8Tender for supply and application of mineral wool insulation on various pipes, bends, vessels etc. Details
8Tender for supply of 11kV AB switch Details
8Tender for route survey for construction of 220kV transmission line Details
8Tender for dismantling of 11kV feeder Details
8Tender for shifting of 3 numbers of DTR Details
8Tender for shifting of 11kV 5 No feeder with MVCC Details
8Design, supply, retrofitting installation, testing and commissioning of 145 kV isolators at 132 kV switchyard Details
8Tender for empanelment of electrical contractors for a period of two years for supply of material erection testing commissioning of augmentation of existing 33 kV sub stations lines Details
8Tender for civil works to prevent the 33 kV S/Stn. Details
8Tender for repair of plinth protection,drain,flooring door and windows etc. Details
8Tender for construction of allied civil works to prevent the 33kV S/Stn Panjuana Details
8Tender for construction of allied civil works to prevent the 33kV S/Stn Details
8Tender for civil works to prevent the 33kV S/Stn.Kelnia Details
8Tender for civil works to prevent the 33kV S/Stn.Digoh Details
8Tender for civil works to prevent the 33kV S/Stn. Details
8Tender for procurement of hydraulic actuator 200 50 for FD fan Details
8Tender for supply of solar LED street lights Details
8Tender for supply, installation, testing and commissioning of cargo lifts Details
8Tender for operation and maintenance of the flue gas desulphurization system Details
8Tender for turnkey major overhauling of BHEL make compressors and drive turbines installed Details
8Tender for supply of ACSR dog conductor Details
8Tender for construction of 33 kV sub station Details
8Tender for supply of insulation resistance tester Details
8Tender for R and M of false ceiling, water proofing treatment Details
8Tender for supply along with service support of the of spares of the SWAS system Details
8Tender for construction of pathway on both side of railway track Details
8Tender for power transformers package Details
8Tender for supply and installation of 11 meters height solar high mast Details
8Tender for supply of 11kV and 33kV potential transformers Details
8Tender for supply of strain hardware fittings Details
8Tender for annual maintenance of BG railway track Details
8Tender for supply of 0.433 kV 200KVA Al. Wd. CRGO core distribution transformer Details
8Tender for supply of 0.433 kV 100KVA Al. Wd. CRGO core distribution transformer Details
8Tender for supply of 0.433 kV 63KVA Al. Wd. CRGO core distribution transformer Details
8Tender for supply of 0.433 kV 25KVA Al. Wd. CRGO core distribution transformer Details
8Tender for replacing of 11kV OH with covered conductor Details
8Tender for procurement of 447km 11kV 3Cx300sq.mm XLPE AL UG cable Details
8Tender for construction of HT ABC Details
8Tender for annual maintenance contract of TG sets and allied works Details
8Tender for work of attending on-line/offline oil leakages from various location of 400kV GIS connected generator transformer Details
8Tender for annual maintenance contract of TG sets and allied works Details
8Tender for construction of elevated with development of surrounding area, platform, renovation of existing Details
8Tender for AMC of TG sets and allied works Details
8Tender for annual maintenance contract for round the clock operation including guarding of radial fall gates Details
8Tender for service contract for complete overhauling of rotary air pre heaters Details
8Tender for procurement of spares for CW pumps Details
8Tender for rate contract for supply and delivery of compressed purified hydrogen gas along Details
8Tender for procurement of complete enclosure for feed gate for overhauling Details
8Tender for construction of bituminous road from ash gate Details
8Tender for rate contract for procurement of 120 MT sulphuric acid Details
8Tender for procurement and installation of complete elevator cage of unit 3 chimney lift Details
8Tender for annual rate contract for supply of MSRL pipes of various sizes Details
8Tender for regular water supply by operating valves pumps buster pumps etc Details
8Tender for biennial maintenance contract for horticulture and landscaping activities Details
8Tender for installation of medium velocity water spray system Details
8Tender for procurement of different spares related to bottom ash clinker crusher Details
8Tender for procurement of feed gate complete assembly Details
8Tender for bifurcation of overhead 11 kV feeder Details
8Tender for special repair of M and R work Details
8Tender for supply of De-centralized materials for estimate and construction of new 100 KVA T/F Details
8Tender for supply of decentralized material of estimate and replacement of LT bare conductor Details
8Tender for supply of decentralized material of estimate and replacement of LT bare conductor to A.B cable Details
8Tender for supply of decentralized material Details
8Tender for supply of decentralized material of estimate and replacement of LT bare conductor Details
8Tender for increasing capacity and installation of new DTR work of 08 No. different DTR Details
8Tender for increasing capacity and installation of new DTR work of 08 No. different DTR on town feeder Details
8Tender for increasing capacity and installation of new DTR work Details
8Tender for annual rate of contract for restoration work of attending UG cable fault for 66kV class XLPE corrugated/ poly AL cable various lines Details
8Tender for work of providing and fixing high voltage busbar insulation tape and heat shrinkable busbar insulating tubing Details
8Tender for work of counter poise & patti earthing for 220kV and 110kV lines Details
8Tender for work of overhauling of diverter switch and drive mechanism box of the OLTC of the transformers at various substations Details
8Tender for work of overhauling, servicing & supply of spares of 400kV & 220kV various types of SF6 circuit breaker Details
8Tender for rate contract for maintenance and supply of mandatory spares for 22kV GIS bays Details
8Tender for various civil maintenance works in control room, switchyard Details
8Tender for AMC for the drying out of converter transformer Details
8Tender for supply of 5nos spare numerical distance protection relay Details
8Tender for work of carrying out the earthing audit (health assessment) of existing mat and earthing electrode Details
8Tender for scheme of retrofitting of existing old quadruple break SF6 circuit breakers Details
8Tender for providing & fixing of three phase DSP system Details
8Tender for biennial rate contract for attending running repairs, scheduled, preventive & breakdown maintenance with overhauling of 08 nos. bulldozers Details
8Tender for replacement of existing damaged roof sheets of various Details
8Tender for replacement of conventional insulator Details
8Tender for cleaning of condenser and various cooler Details
8Tender for supply of current transformer(CT) for PA & ID motor during motor capacity Details
8Tender for supply of various guide rollers and stands Details
8Tender for procurement of intercooler & aftercooler tube bunch for air compressor Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Coal Production commences from Urtan and Dhirauli Mines in Madhya Pradesh Details
8Coal India holds Central & Western Zone Consumers Meet at SECL Headquarters Details
8First underground commercial coal mine begins production in Madhya Pradesh Details
8About $1.2 trillion coal import risk puts India at steel crossroads: IECC report Details
8India's peak power demand hits record 260.45 GW as temperatures rise Details
8India Renewable Energy ka Future Bright! BII aur CIP ne kiye Rs 300 Crore ki Deal Details
8India Curtailed 300 GWh of Clean Energy in Q1 as Grid Lags Solar Build Details
8Clean energy, offshore wind among five key agreements signed by India, Norway Details
84 Renewable Energy Stocks With Profit Growth of Up to 10,180% in Q4 to Keep on Your Radar Details
8BII partners with CIP to launch $300M India renewable energy fund Details
8Between coal, chaos and green power Details
8JSW brings smart grid CoE to MSRIT Bengaluru Details
8BII, CIP launch $300 million platform to support India's energy transition Details
8Trade Brains Smallcase Picks: 4 Renewable Energy Stocks to keep on your radar Details
8Beyond Megawatts: Engineering Intelligence into the Energy Value Chain Details
8Adani, RIL, NTPC and Lalitpur sign Maharashtra nuclear power MoUs worth Rs 6.5 lakh crore Details
8Maharashtra signs MoUs for generating 25,000 MW from nuclear power Details
8India meets record 257.37 GW peak power demand without any shortfall Details
8LAPP India showcases its cutting-edge cable and connector solutions at ELASIA 2026 — designed to power the evolving energy landscape. Details
83 ‘Buy’ recommendations by Jefferies, with 15% to 31% upside potential Details
8Karnataka lags in solar power contribution to national grid Details
8Indian acting envoy proposes India, Japan, South Africa energy cooperation Details
8Tighter DSM rules for grid stability raise concerns over RE viability Details
8Why your electricity bill could spike: India’s power demand crosses record 257 GW, hits new high Details
8Geothermal emerges as scalable energy source for India Details
8Tata Power, DGPC sign Bhutan skilling pact Details
8Nine states seen fit for discom privatisation; fiscal deficit may ease to 3% Details
8IMFA bets on ferro chrome expansion, renewables for next growth phase Details
You can also click on Newsclips for more Details
8Tender for work of construction of 33 kV underground line Details
8Tender for complete maintenance work including 33 kV, 11 kV HT/LT maintenance, emergency breakdown etc. Details
8Tender for supply of various type of HT/SS fasteners Details
8Tender for supply of 245KV class centre break isolators with and without earth switch Details
8Tender for annual rate contract for chemical treatment of condenser cooling water system Details
8Tender for works contract for supply, installation, testing and commissioning of 256 ton capacity VRF/VRV chilled air system Details
8Tender for pipeline replacement project Details
8Tender for repair and maintenance of switch yard Details
8Tender for service, repair and maintenance contract of package/ductable ACs installed Details
8Tender for under water inspection, checking, cleaning and temporary sealing Details
8Tender for inner side miscellaneous civil repair works Details
8Tender for paver tiles work Details
8Tender for work of on-line leak sealing services for high pressure & high temperature steam valves, flanges, lines etc. Details
8Tender for work of pipe laying, fabrication and conveyor support structure Details
8Tender for supply and application of mineral wool insulation on various pipes, bends, vessels etc. Details
8Tender for supply of 11kV AB switch Details
8Tender for route survey for construction of 220kV transmission line Details
8Tender for dismantling of 11kV feeder Details
8Tender for shifting of 3 numbers of DTR Details
8Tender for shifting of 11kV 5 No feeder with MVCC Details
8Design, supply, retrofitting installation, testing and commissioning of 145 kV isolators at 132 kV switchyard Details
8Tender for empanelment of electrical contractors for a period of two years for supply of material erection testing commissioning of augmentation of existing 33 kV sub stations lines Details
8Tender for civil works to prevent the 33 kV S/Stn. Details
8Tender for repair of plinth protection,drain,flooring door and windows etc. Details
8Tender for construction of allied civil works to prevent the 33kV S/Stn Panjuana Details
8Tender for construction of allied civil works to prevent the 33kV S/Stn Details
8Tender for civil works to prevent the 33kV S/Stn.Kelnia Details
8Tender for civil works to prevent the 33kV S/Stn.Digoh Details
8Tender for civil works to prevent the 33kV S/Stn. Details
8Tender for procurement of hydraulic actuator 200 50 for FD fan Details
8Tender for supply of solar LED street lights Details
8Tender for supply, installation, testing and commissioning of cargo lifts Details
8Tender for operation and maintenance of the flue gas desulphurization system Details
8Tender for turnkey major overhauling of BHEL make compressors and drive turbines installed Details
8Tender for supply of ACSR dog conductor Details
8Tender for construction of 33 kV sub station Details
8Tender for supply of insulation resistance tester Details
8Tender for R and M of false ceiling, water proofing treatment Details
8Tender for supply along with service support of the of spares of the SWAS system Details
8Tender for construction of pathway on both side of railway track Details
8Tender for power transformers package Details
8Tender for supply and installation of 11 meters height solar high mast Details
8Tender for supply of 11kV and 33kV potential transformers Details
8Tender for supply of strain hardware fittings Details
8Tender for annual maintenance of BG railway track Details
8Tender for supply of 0.433 kV 200KVA Al. Wd. CRGO core distribution transformer Details
8Tender for supply of 0.433 kV 100KVA Al. Wd. CRGO core distribution transformer Details
8Tender for supply of 0.433 kV 63KVA Al. Wd. CRGO core distribution transformer Details
8Tender for supply of 0.433 kV 25KVA Al. Wd. CRGO core distribution transformer Details
8Tender for replacing of 11kV OH with covered conductor Details
8Tender for procurement of 447km 11kV 3Cx300sq.mm XLPE AL UG cable Details
8Tender for construction of HT ABC Details
8Tender for annual maintenance contract of TG sets and allied works Details
8Tender for work of attending on-line/offline oil leakages from various location of 400kV GIS connected generator transformer Details
8Tender for annual maintenance contract of TG sets and allied works Details
8Tender for construction of elevated with development of surrounding area, platform, renovation of existing Details
8Tender for AMC of TG sets and allied works Details
8Tender for annual maintenance contract for round the clock operation including guarding of radial fall gates Details
8Tender for service contract for complete overhauling of rotary air pre heaters Details
8Tender for procurement of spares for CW pumps Details
8Tender for rate contract for supply and delivery of compressed purified hydrogen gas along Details
8Tender for procurement of complete enclosure for feed gate for overhauling Details
8Tender for construction of bituminous road from ash gate Details
8Tender for rate contract for procurement of 120 MT sulphuric acid Details
8Tender for procurement and installation of complete elevator cage of unit 3 chimney lift Details
8Tender for annual rate contract for supply of MSRL pipes of various sizes Details
8Tender for regular water supply by operating valves pumps buster pumps etc Details
8Tender for biennial maintenance contract for horticulture and landscaping activities Details
8Tender for installation of medium velocity water spray system Details
8Tender for procurement of different spares related to bottom ash clinker crusher Details
8Tender for procurement of feed gate complete assembly Details
8Tender for bifurcation of overhead 11 kV feeder Details
8Tender for special repair of M and R work Details
8Tender for supply of De-centralized materials for estimate and construction of new 100 KVA T/F Details
8Tender for supply of decentralized material of estimate and replacement of LT bare conductor Details
8Tender for supply of decentralized material of estimate and replacement of LT bare conductor to A.B cable Details
8Tender for supply of decentralized material Details
8Tender for supply of decentralized material of estimate and replacement of LT bare conductor Details
8Tender for increasing capacity and installation of new DTR work of 08 No. different DTR Details
8Tender for increasing capacity and installation of new DTR work of 08 No. different DTR on town feeder Details
8Tender for increasing capacity and installation of new DTR work Details
8Tender for annual rate of contract for restoration work of attending UG cable fault for 66kV class XLPE corrugated/ poly AL cable various lines Details
8Tender for work of providing and fixing high voltage busbar insulation tape and heat shrinkable busbar insulating tubing Details
8Tender for work of counter poise & patti earthing for 220kV and 110kV lines Details
8Tender for work of overhauling of diverter switch and drive mechanism box of the OLTC of the transformers at various substations Details
8Tender for work of overhauling, servicing & supply of spares of 400kV & 220kV various types of SF6 circuit breaker Details
8Tender for rate contract for maintenance and supply of mandatory spares for 22kV GIS bays Details
8Tender for various civil maintenance works in control room, switchyard Details
8Tender for AMC for the drying out of converter transformer Details
8Tender for supply of 5nos spare numerical distance protection relay Details
8Tender for work of carrying out the earthing audit (health assessment) of existing mat and earthing electrode Details
8Tender for scheme of retrofitting of existing old quadruple break SF6 circuit breakers Details
8Tender for providing & fixing of three phase DSP system Details
8Tender for biennial rate contract for attending running repairs, scheduled, preventive & breakdown maintenance with overhauling of 08 nos. bulldozers Details
8Tender for replacement of existing damaged roof sheets of various Details
8Tender for replacement of conventional insulator Details
8Tender for cleaning of condenser and various cooler Details
8Tender for supply of current transformer(CT) for PA & ID motor during motor capacity Details
8Tender for supply of various guide rollers and stands Details
8Tender for procurement of intercooler & aftercooler tube bunch for air compressor Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Coal Production commences from Urtan and Dhirauli Mines in Madhya Pradesh Details
8Coal India holds Central & Western Zone Consumers Meet at SECL Headquarters Details
8First underground commercial coal mine begins production in Madhya Pradesh Details
8About $1.2 trillion coal import risk puts India at steel crossroads: IECC report Details
8India's peak power demand hits record 260.45 GW as temperatures rise Details
8India Renewable Energy ka Future Bright! BII aur CIP ne kiye Rs 300 Crore ki Deal Details
8India Curtailed 300 GWh of Clean Energy in Q1 as Grid Lags Solar Build Details
8Clean energy, offshore wind among five key agreements signed by India, Norway Details
84 Renewable Energy Stocks With Profit Growth of Up to 10,180% in Q4 to Keep on Your Radar Details
8BII partners with CIP to launch $300M India renewable energy fund Details
8Between coal, chaos and green power Details
8JSW brings smart grid CoE to MSRIT Bengaluru Details
8BII, CIP launch $300 million platform to support India's energy transition Details
8Trade Brains Smallcase Picks: 4 Renewable Energy Stocks to keep on your radar Details
8Beyond Megawatts: Engineering Intelligence into the Energy Value Chain Details
8Adani, RIL, NTPC and Lalitpur sign Maharashtra nuclear power MoUs worth Rs 6.5 lakh crore Details
8Maharashtra signs MoUs for generating 25,000 MW from nuclear power Details
8India meets record 257.37 GW peak power demand without any shortfall Details
8LAPP India showcases its cutting-edge cable and connector solutions at ELASIA 2026 — designed to power the evolving energy landscape. Details
83 ‘Buy’ recommendations by Jefferies, with 15% to 31% upside potential Details
8Karnataka lags in solar power contribution to national grid Details
8Indian acting envoy proposes India, Japan, South Africa energy cooperation Details
8Tighter DSM rules for grid stability raise concerns over RE viability Details
8Why your electricity bill could spike: India’s power demand crosses record 257 GW, hits new high Details
8Geothermal emerges as scalable energy source for India Details
8Tata Power, DGPC sign Bhutan skilling pact Details
8Nine states seen fit for discom privatisation; fiscal deficit may ease to 3% Details
8IMFA bets on ferro chrome expansion, renewables for next growth phase Details
You can also click on Newsclips for more Details
Rs 95 crore transmission EPC win highlights aggressive pricing in turnkey substation bid
May 19:
8A sharp pricing gap in this Rs 95 crore turnkey transmission package highlights intensifying competition around execution risk, scope allocation and EPC strategy.
8The award outcome could influence contractor bidding behaviour in upcoming Tamil Nadu utility transmission tenders. Details
8The award outcome could influence contractor bidding behaviour in upcoming Tamil Nadu utility transmission tenders. Details
Clustered BESS package enters financial-bid stage amid intensifying utility storage competition
May 19:
8UPCL’s battery storage procurement has moved into the financial-bid phase after sustaining strong bidder interest through technical evaluation.
8The contest highlights how utilities are increasingly treating grid-scale storage as strategic network infrastructure rather than a standalone capacity addition. Details
8The contest highlights how utilities are increasingly treating grid-scale storage as strategic network infrastructure rather than a standalone capacity addition. Details
Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day
Contracting news for the day
May 19:
8Rajasthan solar pooling package combines scale and execution risk in single EPC bid
This renewable evacuation package goes beyond routine pooling infrastructure. By combining scale, tighter qualification norms and higher execution accountability into a single EPC contract, the tender could influence pricing and competition trends in future state utility grid projects.
8Thermal retrofit risk pressures coal mill overhaul bidding cycle at ageing power unit
Multiple deadline revisions in this coal mill overhaul tender point to rising contractor caution around retrofit integration, execution exposure and performance accountability in ageing thermal assets. The pattern reflects changing risk allocation trends in thermal maintenance contracting.
8Solar EPC package tightens grid compliance and lifecycle accountability framework
This utility-scale solar tender pushes EPC bidders deeper into domestic sourcing, grid-performance and long-term execution accountability. The structure signals a broader shift in how public-sector renewable procurement is allocating technical and operational risk.
8Hydro rehabilitation EPC package raises contractor exposure across ageing canal corridor
This hydro-corridor rehabilitation tender combines tighter qualification filters with deeper EPC execution responsibility, signalling a shift away from routine civil-repair contracting. The structure points to rising lifecycle and delivery accountability in state hydro asset restoration projects.
8Thermal EMS package compresses ABT/DSM integration and execution accountability
This IB Thermal EMS tender combines integration, commissioning and compliance obligations within a tight execution framework while extending bidder exposure through a long validity cycle. The structure signals evolving operational-technology risk allocation in thermal utility digitalisation projects.
8Industrial-corridor transmission package raises turnkey integration accountability
This transmission package combines evacuation infrastructure, transformation capacity and network engineering within a tightly integrated execution model. The structure pushes greater coordination and delivery responsibility onto contractors, signalling evolving contracting strategies for industrial-corridor power infrastructure.
8Floating solar EPC bidding faces pressure from reservoir-linked execution risks
Multiple deadline extensions in this floating solar EPC tender highlight growing contractor caution around reservoir engineering, execution exposure and lifecycle accountability. The project is emerging as an indicator of how public-sector utilities may allocate risk in future floating solar procurements.
8765kV transmission EPC package reshapes escalation and RoW risk framework
Successive corrigenda in this coastal transmission tender are altering how bidders assess escalation, right-of-way and execution exposure under a reverse-auction model. The evolving structure signals a tougher procurement approach that could influence future high-voltage EPC contracting trends.
Details
This renewable evacuation package goes beyond routine pooling infrastructure. By combining scale, tighter qualification norms and higher execution accountability into a single EPC contract, the tender could influence pricing and competition trends in future state utility grid projects.
8Thermal retrofit risk pressures coal mill overhaul bidding cycle at ageing power unit
Multiple deadline revisions in this coal mill overhaul tender point to rising contractor caution around retrofit integration, execution exposure and performance accountability in ageing thermal assets. The pattern reflects changing risk allocation trends in thermal maintenance contracting.
8Solar EPC package tightens grid compliance and lifecycle accountability framework
This utility-scale solar tender pushes EPC bidders deeper into domestic sourcing, grid-performance and long-term execution accountability. The structure signals a broader shift in how public-sector renewable procurement is allocating technical and operational risk.
8Hydro rehabilitation EPC package raises contractor exposure across ageing canal corridor
This hydro-corridor rehabilitation tender combines tighter qualification filters with deeper EPC execution responsibility, signalling a shift away from routine civil-repair contracting. The structure points to rising lifecycle and delivery accountability in state hydro asset restoration projects.
8Thermal EMS package compresses ABT/DSM integration and execution accountability
This IB Thermal EMS tender combines integration, commissioning and compliance obligations within a tight execution framework while extending bidder exposure through a long validity cycle. The structure signals evolving operational-technology risk allocation in thermal utility digitalisation projects.
8Industrial-corridor transmission package raises turnkey integration accountability
This transmission package combines evacuation infrastructure, transformation capacity and network engineering within a tightly integrated execution model. The structure pushes greater coordination and delivery responsibility onto contractors, signalling evolving contracting strategies for industrial-corridor power infrastructure.
8Floating solar EPC bidding faces pressure from reservoir-linked execution risks
Multiple deadline extensions in this floating solar EPC tender highlight growing contractor caution around reservoir engineering, execution exposure and lifecycle accountability. The project is emerging as an indicator of how public-sector utilities may allocate risk in future floating solar procurements.
8765kV transmission EPC package reshapes escalation and RoW risk framework
Successive corrigenda in this coastal transmission tender are altering how bidders assess escalation, right-of-way and execution exposure under a reverse-auction model. The evolving structure signals a tougher procurement approach that could influence future high-voltage EPC contracting trends.
Details
Daily forward looking import matrices
May 19:
It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details
NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES
May 19:
COAL PRODUCTION & OFFTAKE
8Coal stock at power plants stable on 16 May; Chhabra-II raises red flag at 45% of normative
As per Coal India Limited's Marketing & Sales Division report dated May 16, 2026, coal stock positions at most major thermal power plants remain within acceptable levels. However, Chhabra-II TPP (1,320 MW) in Rajasthan continues to draw attention with coal stock at a critical 45% of normative requirement, down from already-low levels seen on May 12-15. HPGCL's three Haryana plants (Panipat, Rajiv Gandhi, Yamuna Nagar) collectively maintain 137% normative stock cover, while Punjab's PSPCL stations carry an average 131% cover.
8Ropar TPS sits at 160% coal stock cover while Rajasthan's Chhabra-II burns through reserves
According to the Central Electricity Authority's Fuel Management Division daily coal stock report for May 17, 2026, Punjab's Ropar TPS (840 MW) holds coal sufficient for 26 normative days at a robust 160% of requirement, even as Rajasthan's Chhabra-II TPP (1,320 MW) languishes at a critical 45% stock level with 200,100 tonnes on hand against a 443,900-tonne normative requirement. HPGCL's combined capacity of 2,510 MW carries 1,342,200 tonnes at 137% cover, underscoring uneven supply-chain dynamics as peak summer demand intensifies.
8Coal powers India's grid to 4,057 MU on 16 May; nuclear overachieves programme by 6% with 179 MU
The Central Electricity Authority's fuel-wise generation report for May 16, 2026 shows coal-based generation at 4,057.65 MU against a programme of 3,783.11 MU, a 7.2% overshoot driven by rising demand. Nuclear plants generated 179.15 MU versus a programme of 168.84 MU, a 6.1% surplus. Hydro delivered 427.99 MU including 24.03 MU of Bhutan imports. Compared to May 15, coal output rose by over 105 MU. Cumulatively from April 1 to May 16, total generation stands at 208,316.52 MU against a target of 216,686.94 MU.
E-AUCTION & PRICING
8IEX DAM clears 1,22,675 MWh at avg MCP Rs. 5,708/MWh on 18 May 2026; price spikes 10x off-peak vs solar hours
The Indian Energy Exchange Day-Ahead Market recorded a total cleared volume of 1,22,675.37 MWh on 18 May 2026, with purchase bids reaching 4,32,585.72 MWh against sell bids of 4,02,337.61 MWh. The weighted average Market Clearing Price stood at Rs. 5,710.26/MWh. MCP peaked at Rs. 10,000/MWh during off-peak night hours (Hours 1-4 and 20-24), while the day's lowest price of Rs. 1,512.96/MWh was observed during Hour 9 (08:00-09:00), signalling strong solar-led supply glut in morning hours.
8IEX RTM trades 1,64,278 MWh at avg MCP Rs. 4,933/MWh on 18 May; price crashes to Rs. 437 in Hour 7
The IEX Real-Time Market on 18 May 2026 cleared a total of 1,64,278.09 MWh with total purchase bids of 3,52,003.48 MWh and sell bids of 3,24,553.40 MWh. The weighted average MCP for the day was Rs. 4,935.44/MWh. The most striking price event occurred during Hour 7 (06:00-07:00), where the MCP collapsed to Rs. 436.62/MWh, the day's lowest, reflecting peak solar generation overwhelming demand. Evening hours saw a price reversal, with Hour 19 (18:00-19:00) spiking to Rs. 8,486.50/MWh as solar output faded. Details
8Coal stock at power plants stable on 16 May; Chhabra-II raises red flag at 45% of normative
As per Coal India Limited's Marketing & Sales Division report dated May 16, 2026, coal stock positions at most major thermal power plants remain within acceptable levels. However, Chhabra-II TPP (1,320 MW) in Rajasthan continues to draw attention with coal stock at a critical 45% of normative requirement, down from already-low levels seen on May 12-15. HPGCL's three Haryana plants (Panipat, Rajiv Gandhi, Yamuna Nagar) collectively maintain 137% normative stock cover, while Punjab's PSPCL stations carry an average 131% cover.
8Ropar TPS sits at 160% coal stock cover while Rajasthan's Chhabra-II burns through reserves
According to the Central Electricity Authority's Fuel Management Division daily coal stock report for May 17, 2026, Punjab's Ropar TPS (840 MW) holds coal sufficient for 26 normative days at a robust 160% of requirement, even as Rajasthan's Chhabra-II TPP (1,320 MW) languishes at a critical 45% stock level with 200,100 tonnes on hand against a 443,900-tonne normative requirement. HPGCL's combined capacity of 2,510 MW carries 1,342,200 tonnes at 137% cover, underscoring uneven supply-chain dynamics as peak summer demand intensifies.
8Coal powers India's grid to 4,057 MU on 16 May; nuclear overachieves programme by 6% with 179 MU
The Central Electricity Authority's fuel-wise generation report for May 16, 2026 shows coal-based generation at 4,057.65 MU against a programme of 3,783.11 MU, a 7.2% overshoot driven by rising demand. Nuclear plants generated 179.15 MU versus a programme of 168.84 MU, a 6.1% surplus. Hydro delivered 427.99 MU including 24.03 MU of Bhutan imports. Compared to May 15, coal output rose by over 105 MU. Cumulatively from April 1 to May 16, total generation stands at 208,316.52 MU against a target of 216,686.94 MU.
E-AUCTION & PRICING
8IEX DAM clears 1,22,675 MWh at avg MCP Rs. 5,708/MWh on 18 May 2026; price spikes 10x off-peak vs solar hours
The Indian Energy Exchange Day-Ahead Market recorded a total cleared volume of 1,22,675.37 MWh on 18 May 2026, with purchase bids reaching 4,32,585.72 MWh against sell bids of 4,02,337.61 MWh. The weighted average Market Clearing Price stood at Rs. 5,710.26/MWh. MCP peaked at Rs. 10,000/MWh during off-peak night hours (Hours 1-4 and 20-24), while the day's lowest price of Rs. 1,512.96/MWh was observed during Hour 9 (08:00-09:00), signalling strong solar-led supply glut in morning hours.
8IEX RTM trades 1,64,278 MWh at avg MCP Rs. 4,933/MWh on 18 May; price crashes to Rs. 437 in Hour 7
The IEX Real-Time Market on 18 May 2026 cleared a total of 1,64,278.09 MWh with total purchase bids of 3,52,003.48 MWh and sell bids of 3,24,553.40 MWh. The weighted average MCP for the day was Rs. 4,935.44/MWh. The most striking price event occurred during Hour 7 (06:00-07:00), where the MCP collapsed to Rs. 436.62/MWh, the day's lowest, reflecting peak solar generation overwhelming demand. Evening hours saw a price reversal, with Hour 19 (18:00-19:00) spiking to Rs. 8,486.50/MWh as solar output faded. Details
NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY
May 19:
PEAK DEMAND & GRID FREQUENCY
8India's national grid meets 241,237 MW evening peak on 18 May; Northern Region posts 601 MW shortage
Grid Controller of India Limited's National Load Despatch Centre reported that the country's combined evening peak demand of 241,237 MW was nearly fully met on May 18, 2026, with a residual shortage of just 601 MW, entirely attributable to the Northern Region. The Western Region topped regional demand at 74,057 MW during evening peak, followed by the Northern Region at 80,411 MW and the Southern Region at 53,346 MW. Total all-India energy delivered for the day stood at 5,615 MU. Maximum demand peaked at 257,370 MW at 15:42 hrs.
8India's coal plants achieve 91% availability on 16 May; nuclear fleet hits 91.78% utilisation in summer run
The Central Electricity Authority's Sub-Report 16 for May 16, 2026 shows India's 222,697 MW coal fleet with 201,658 MW on the line, a 91.03% availability rate, and achieving a net output of 183,572 MW, or 82.43% of monitored capacity. This marks improvement over May 15, when coal availability stood at 90.37%. Nuclear plants (8,780 MW total monitored) delivered 7,012 MW net, representing 79.87% utilisation. Hydro capacity of 51,914 MW had 41,771 MW online with maximum power output of 35,648 MW.
8India's total power generation jumps to 4,869 MU on 16 May; Northern Region overshoots programme
The Central Electricity Authority's daily generation overview for May 16, 2026 shows India's total actual generation at 4,869.36 MU against a programme of 4,583.58 MU, a significant overshoot. The Northern Region posted actual generation of 1,224.87 MU, beating its programme of 1,193.90 MU by 31 MU, a sharp reversal from May 15 when the same region fell short. April 1 to May 16 cumulative generation stood at 208,316.52 MU against a target of 216,686.94 MU, a 3.9% shortfall reflecting the persistent gap between ambition and delivery.
8Southern grid averages 50.004 Hz on 18 May; frequency within IEGC band for 99.97% of day
Grid-India's SRLDC recorded a near-perfect frequency performance on May 18, 2026, with the average frequency clocking 50.004 Hz against the standard 50 Hz target, and a standard deviation of just 0.05. The grid remained within the IEGC band (49.7-50.2 Hz) for 99.965% of the day, or 1,439.5 minutes out of 1,440. The frequency deviation index stood at a low 0.025. Maximum instantaneous frequency touched 50.204 Hz at 14:04:40, while the minimum dipped to 49.769 Hz at 00:04:30.
8Southern Region meets 53,346 MW evening peak on 18 May with zero shortage; total day energy 1,298 MU
Grid Controller of India's SRLDC reported a deficit-free power day on May 18, 2026, meeting an evening peak demand of 53,346 MW at 20:00 hrs with zero shortage and a healthy grid frequency of 50.04 Hz. During off-peak hours at 03:00, 46,624 MW was met again with no shortfall. Total day energy supplied stood at 1,298.32 MU. Tamil Nadu was the largest consumer at 382.09 MU, followed by Karnataka at 291.88 MU and Andhra Pradesh at 274.18 MU. Solar contributed 174.53 MU across states.
OCC MEETINGS & OUTAGE PLANNING
8TANTRANSCO's 765 kV network hit by multiple faults; 20 transmission elements trip on 18 May
Grid Controller of India Limited's SRLDC reported 20 forced transmission outages on May 18, 2026, with TANTRANSCO bearing the biggest blow as three 765 kV lines, including NCPS-Ariyalur, NCPS-NCTPS STG3-1, and NCPS-NCTPS STG3-2, tripped simultaneously at 23:30 hrs due to an R-N fault. KPTCL's 400 kV Nelamangala-Taluguppa-1 and APTRANSCO's 400 kV/220 kV Jammalamadugu ICT-1 and ICT-3 transformers also went down. A JSW RE transformer was revived after a 7.5-day outage.
8North Chennai TPS Unit 6 (800 MW) trips at 23:30 on 18 May following TANTRANSCO line cascade
Grid Controller of India Limited's SRLDC flagged a critical thermal outage on May 18, 2026: North Chennai TPS Stage-III Unit 6, rated 800 MW, tripped at 23:30 hrs following a loss of evacuation after the NCPS-Ariyalur 765 kV line went down. Talcher ST2's 500 MW unit also tripped at 15:22 due to SPS on pole tripping, but was revived by 19:12. On the reservoir front, Idukki stood at 708.27 m with stored energy of 560.11 MU, while Mettur's level was reported at 748.98 m against last year's 778.52 m, a year-on-year deficit.
8Adani Power Raipur loses 1,370 MW in grid trip; Ghatampur TPP Unit 2 lingers in ID fan trouble since 6 May
The Central Electricity Authority's Sub-Report 11 for May 16, 2026, tracking 500 MW and above units, reveals that Adani Power Limited's Raipur TPP lost both its 685 MW units to transmission line tripping within minutes of each other on the evening of May 16, a combined capacity loss of 1,370 MW. NTPC's Ghatampur TPP Unit 2 (660 MW) in Uttar Pradesh, forced offline since May 6 due to ID fan failure, remained unresolved. Chhattisgarh's Korba Super TPS Unit 5 (500 MW) continues annual overhaul work initiated May 15.
81,778 MW of LANCO and NPCIL units offline in central sector; Srisailam Left Bank under annual overhaul
Grid Controller of India Limited's SRLDC reported that 1,778 MW of central sector generating capacity remained under planned outage on May 18, 2026, dominated by LANCO's LKPPL Stage 2 and Stage 3 units in Andhra Pradesh, many entangled in NCLT proceedings since 2016. NPCIL's KAIGA Stage 1 (220 MW) has been down since March 2025 for EMCCR activities, with revival expected only by September 2026. TGGENCO's Srisailam Left Bank Power House had 600 MW (units 1, 3, 5, 6) under annual overhauling since May 9.
REGIONAL ENERGY ACCOUNT
8MSEB faces Rs. 8.27 crore payable burden as WR-ER inter-regional DSM tops Rs. 234 crore in WRPC account
The Western Regional Power Committee released its ABT-based Deviation Settlement Mechanism account for the week of 27 April to 03 May 2026, revealing a massive inter-regional payable obligation of Rs. 234.49 crore by the Western Region towards the Eastern Region. Among Western Region beneficiaries, Maharashtra State Electricity Board emerged as the biggest payer with a net DSM of Rs. 8.27 crore payable, while Gujarat received Rs. 6.78 crore. In the renewable segment, AREH5L_KHAVDAPS1_QCA led receivables at Rs. 10.91 crore.
8NTPC Kudgi tops SCED receivables at Rs. 24.91 crore in SRPC's April 2026 account
The Southern Regional Power Committee published the Smart Control of Economic Dispatch monthly account for April 2026, covering 14 SCED generators across the Southern Region from 01 to 30 April 2026. NTPC Kudgi Super Thermal Power Station (Unit I) recorded the highest net receivable of Rs. 24.91 crore, with increment scheduling of 9,894.63 MWHr against decrement scheduling of 68,414.12 MWHr. The overall National Pool Account is a net payable of Rs. 31.22 crore to SCED generators in the aggregate.
8Adani's Godda plant exports 710.83 million units to Bangladesh in April 2026 under special CEA arrangement
The Eastern Regional Power Committee released the Regional Energy Accounting statement showing that APJL (Adani Power Jharkhand Limited) exported a total of 710.827 million units of electricity from its Godda Generating Station in Jharkhand to Bangladesh during April 2026. The export was carried out as per the decision of a special meeting held on 01 May 2023, chaired by the Member (Power System), Central Electricity Authority. The statement, issued as ERPC/COMM/REA-GODDA/2025-26/317 dated 08 May 2026, was shared with APJL's CEO, ERLDC, and CEA. Details
8India's national grid meets 241,237 MW evening peak on 18 May; Northern Region posts 601 MW shortage
Grid Controller of India Limited's National Load Despatch Centre reported that the country's combined evening peak demand of 241,237 MW was nearly fully met on May 18, 2026, with a residual shortage of just 601 MW, entirely attributable to the Northern Region. The Western Region topped regional demand at 74,057 MW during evening peak, followed by the Northern Region at 80,411 MW and the Southern Region at 53,346 MW. Total all-India energy delivered for the day stood at 5,615 MU. Maximum demand peaked at 257,370 MW at 15:42 hrs.
8India's coal plants achieve 91% availability on 16 May; nuclear fleet hits 91.78% utilisation in summer run
The Central Electricity Authority's Sub-Report 16 for May 16, 2026 shows India's 222,697 MW coal fleet with 201,658 MW on the line, a 91.03% availability rate, and achieving a net output of 183,572 MW, or 82.43% of monitored capacity. This marks improvement over May 15, when coal availability stood at 90.37%. Nuclear plants (8,780 MW total monitored) delivered 7,012 MW net, representing 79.87% utilisation. Hydro capacity of 51,914 MW had 41,771 MW online with maximum power output of 35,648 MW.
8India's total power generation jumps to 4,869 MU on 16 May; Northern Region overshoots programme
The Central Electricity Authority's daily generation overview for May 16, 2026 shows India's total actual generation at 4,869.36 MU against a programme of 4,583.58 MU, a significant overshoot. The Northern Region posted actual generation of 1,224.87 MU, beating its programme of 1,193.90 MU by 31 MU, a sharp reversal from May 15 when the same region fell short. April 1 to May 16 cumulative generation stood at 208,316.52 MU against a target of 216,686.94 MU, a 3.9% shortfall reflecting the persistent gap between ambition and delivery.
8Southern grid averages 50.004 Hz on 18 May; frequency within IEGC band for 99.97% of day
Grid-India's SRLDC recorded a near-perfect frequency performance on May 18, 2026, with the average frequency clocking 50.004 Hz against the standard 50 Hz target, and a standard deviation of just 0.05. The grid remained within the IEGC band (49.7-50.2 Hz) for 99.965% of the day, or 1,439.5 minutes out of 1,440. The frequency deviation index stood at a low 0.025. Maximum instantaneous frequency touched 50.204 Hz at 14:04:40, while the minimum dipped to 49.769 Hz at 00:04:30.
8Southern Region meets 53,346 MW evening peak on 18 May with zero shortage; total day energy 1,298 MU
Grid Controller of India's SRLDC reported a deficit-free power day on May 18, 2026, meeting an evening peak demand of 53,346 MW at 20:00 hrs with zero shortage and a healthy grid frequency of 50.04 Hz. During off-peak hours at 03:00, 46,624 MW was met again with no shortfall. Total day energy supplied stood at 1,298.32 MU. Tamil Nadu was the largest consumer at 382.09 MU, followed by Karnataka at 291.88 MU and Andhra Pradesh at 274.18 MU. Solar contributed 174.53 MU across states.
OCC MEETINGS & OUTAGE PLANNING
8TANTRANSCO's 765 kV network hit by multiple faults; 20 transmission elements trip on 18 May
Grid Controller of India Limited's SRLDC reported 20 forced transmission outages on May 18, 2026, with TANTRANSCO bearing the biggest blow as three 765 kV lines, including NCPS-Ariyalur, NCPS-NCTPS STG3-1, and NCPS-NCTPS STG3-2, tripped simultaneously at 23:30 hrs due to an R-N fault. KPTCL's 400 kV Nelamangala-Taluguppa-1 and APTRANSCO's 400 kV/220 kV Jammalamadugu ICT-1 and ICT-3 transformers also went down. A JSW RE transformer was revived after a 7.5-day outage.
8North Chennai TPS Unit 6 (800 MW) trips at 23:30 on 18 May following TANTRANSCO line cascade
Grid Controller of India Limited's SRLDC flagged a critical thermal outage on May 18, 2026: North Chennai TPS Stage-III Unit 6, rated 800 MW, tripped at 23:30 hrs following a loss of evacuation after the NCPS-Ariyalur 765 kV line went down. Talcher ST2's 500 MW unit also tripped at 15:22 due to SPS on pole tripping, but was revived by 19:12. On the reservoir front, Idukki stood at 708.27 m with stored energy of 560.11 MU, while Mettur's level was reported at 748.98 m against last year's 778.52 m, a year-on-year deficit.
8Adani Power Raipur loses 1,370 MW in grid trip; Ghatampur TPP Unit 2 lingers in ID fan trouble since 6 May
The Central Electricity Authority's Sub-Report 11 for May 16, 2026, tracking 500 MW and above units, reveals that Adani Power Limited's Raipur TPP lost both its 685 MW units to transmission line tripping within minutes of each other on the evening of May 16, a combined capacity loss of 1,370 MW. NTPC's Ghatampur TPP Unit 2 (660 MW) in Uttar Pradesh, forced offline since May 6 due to ID fan failure, remained unresolved. Chhattisgarh's Korba Super TPS Unit 5 (500 MW) continues annual overhaul work initiated May 15.
81,778 MW of LANCO and NPCIL units offline in central sector; Srisailam Left Bank under annual overhaul
Grid Controller of India Limited's SRLDC reported that 1,778 MW of central sector generating capacity remained under planned outage on May 18, 2026, dominated by LANCO's LKPPL Stage 2 and Stage 3 units in Andhra Pradesh, many entangled in NCLT proceedings since 2016. NPCIL's KAIGA Stage 1 (220 MW) has been down since March 2025 for EMCCR activities, with revival expected only by September 2026. TGGENCO's Srisailam Left Bank Power House had 600 MW (units 1, 3, 5, 6) under annual overhauling since May 9.
REGIONAL ENERGY ACCOUNT
8MSEB faces Rs. 8.27 crore payable burden as WR-ER inter-regional DSM tops Rs. 234 crore in WRPC account
The Western Regional Power Committee released its ABT-based Deviation Settlement Mechanism account for the week of 27 April to 03 May 2026, revealing a massive inter-regional payable obligation of Rs. 234.49 crore by the Western Region towards the Eastern Region. Among Western Region beneficiaries, Maharashtra State Electricity Board emerged as the biggest payer with a net DSM of Rs. 8.27 crore payable, while Gujarat received Rs. 6.78 crore. In the renewable segment, AREH5L_KHAVDAPS1_QCA led receivables at Rs. 10.91 crore.
8NTPC Kudgi tops SCED receivables at Rs. 24.91 crore in SRPC's April 2026 account
The Southern Regional Power Committee published the Smart Control of Economic Dispatch monthly account for April 2026, covering 14 SCED generators across the Southern Region from 01 to 30 April 2026. NTPC Kudgi Super Thermal Power Station (Unit I) recorded the highest net receivable of Rs. 24.91 crore, with increment scheduling of 9,894.63 MWHr against decrement scheduling of 68,414.12 MWHr. The overall National Pool Account is a net payable of Rs. 31.22 crore to SCED generators in the aggregate.
8Adani's Godda plant exports 710.83 million units to Bangladesh in April 2026 under special CEA arrangement
The Eastern Regional Power Committee released the Regional Energy Accounting statement showing that APJL (Adani Power Jharkhand Limited) exported a total of 710.827 million units of electricity from its Godda Generating Station in Jharkhand to Bangladesh during April 2026. The export was carried out as per the decision of a special meeting held on 01 May 2023, chaired by the Member (Power System), Central Electricity Authority. The statement, issued as ERPC/COMM/REA-GODDA/2025-26/317 dated 08 May 2026, was shared with APJL's CEO, ERLDC, and CEA. Details
NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS
May 19:
CEA & GRID STANDARDS
8CEA's April 2026 report: NERPSIP progresses across 6 north-eastern states with Rs. 6,700 crore revised cost
The Central Electricity Authority published its Monthly Progress Report for Central Funded Schemes (April 2026) covering four major projects: the North-Eastern Region Power System Improvement Project (NERPSIP) executed by PGCIL for Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura at a revised cost of Rs. 6,700 crore (originally sanctioned at Rs. 5,111.33 crore), the Comprehensive Scheme for Arunachal Pradesh and Sikkim, Prime Minister's Development Package-2015, and Prime Minister's Reconstruction Plan-2004.
8CEA's long-term resource adequacy plan projects MSEDCL generation needs through 2035-36
The Central Electricity Authority released Version 3.0 of the Long-Term Distribution Licensee Resource Adequacy Plan (LT-DRAP) for MSEDCL for the period FY 2026-27 to FY 2035-36 in April 2026. The plan, mandated under Resource Adequacy Guidelines dated 28th June 2023, analyses MSEDCL's generation expansion requirements using the ORDENA modelling tool, assesses reliability through unserved energy projections, renewable energy variability, and thermal generator forced outages, and charts investment options for gap coverage over the coming decade.
8CEA's April transformation capacity addition hits 11,325 MVA against 5,875 MVA monthly target
The Central Electricity Authority's Executive Summary for transformation capacity (220 kV and above) reveals that actual capacity addition in April 2026 stood at 11,325 MVA against a monthly target of only 5,875 MVA, an overachievement of 93%. The 765 kV segment led with 9,000 MVA achieved (target: 4,500 MVA), including 6,000 MVA by POWERGRID and 3,000 MVA by private sector. The 400 kV sector achieved 815 MVA versus a target of 315 MVA, and 220/230 kV achieved 1,510 MVA versus a target of 1,060 MVA.
8CEA's April transmission line target surpassed: 901 ckm achieved vs 601 ckm target; 400 kV overachieves 3.5x
The Central Electricity Authority's Executive Summary for transmission lines (220 kV and above) for April 2026 shows that actual additions of 901 ckm far exceeded the monthly target of 601 ckm. The 400 kV segment alone contributed 836 ckm against a target of 238 ckm, an overachievement of over 3.5 times, led by state sector additions (628 ckm vs 172 ckm target) and central sector (142 ckm). The 220 kV segment achieved 65 ckm against a target of 430 ckm. The FY 2026-27 annual target stands at 17,860 ckm.
8Meghalaya Power Generation Corp releases 2026 guidelines for Ganol Dam radial gate water discharge
Meghalaya Power Generation Corporation Limited issued a comprehensive set of operational guidelines in 2026 for the regulated and safe release of water through the Radial Gates of the Ganol Concrete Dam. The guidelines mandate round-the-clock operability of all radial gates to manage reservoir levels during flood conditions, safeguard dam abutments from overtopping, and ensure controlled downstream flow. The framework covers flood events, emergencies, sabotage scenarios, and natural disasters, balancing safety imperatives with optimised water storage for electricity generation.
TENDERS & PROCUREMENT (GeM/NIT)
8HPX launches reverse auction for Rajasthan's 500 MW thermal power for June 2026 delivery
Hindustan Power Exchange Limited issued Circular No. HPX_RA_00958 on May 18, 2026 for an Any-day(s) Single Side Reverse Auction (Auction No. HPX/18052026/00987) on behalf of buyer Rajasthan Urja Vikas and IT Services Limited. The auction seeks 500 MW of thermal energy for delivery from June 1-30, 2026, with a minimum bid quantity of 20 MW. Seller interest submissions are open from May 18-20, 2026, with the e-Reverse Auction window scheduled for May 20 and allocation finalization by May 22, 2026.
8HPX floats reverse auctions for 500 MW thermal power for July 2026 night and evening hour blocks
Hindustan Power Exchange Limited launched two Reverse Auctions on May 18, 2026 for the procurement of 500 MW thermal power by Rajasthan Urja Vikas and IT Services Limited for delivery during July 1-31, 2026: Auction No. HPX/18052026/00988 covering the 00:00-08:00 hours block and Auction No. HPX/18052026/00989 covering the 18:00-24:00 hours block. The auction process runs from May 18 to May 22, 2026, with minimum bid quantity set at 20 MW. Simultaneous auctions are also underway on IEX and PXIL platforms.
8HPX launches reverse auctions for UPCL's 200 MW multi-source power for June 2026 in three time blocks
Hindustan Power Exchange Limited issued Circulars HPX_RA_00961 and HPX_RA_00962 on May 18, 2026 for Reverse Auctions on behalf of buyer Uttarakhand Power Corporation Limited. One auction seeks 200 MW of power from solar, non-solar, hydro, and thermal sources for round-the-clock delivery from June 1-30, 2026, while another seeks two separate 200 MW lots for off-peak midnight to 6:00 AM and peak 18:00-24:00 blocks. Seller interest submissions ran from May 18-19, 2026, with allocations to be finalized by May 21, 2026.
8Rajasthan Urja Vikas lists DADRI LIQ at Rs. 25.33/kWh as costliest source in 18-24 May merit order
Rajasthan Urja Vikas and IT Services Limited released the Merit Order Dispatch schedule for 18-24 May 2026, ranking power sources from costliest to most economical based on fixed cost, variable cost, and combined tariff (inclusive of all-India transmission losses). DADRI Liquid (LIQ) topped the list at a combined tariff of Rs. 25.33/kWh (variable cost Rs. 24.782/kWh, fixed cost Rs. 0.55/kWh), followed by AURIYA LIQ at Rs. 24.06/kWh, while CGPL/TPCL, Suratgarh Thermal (STPS), and IGSTPS-Jhajjar offered the most cost-competitive power in the Rs. 5-6/kWh range. Details
8CEA's April 2026 report: NERPSIP progresses across 6 north-eastern states with Rs. 6,700 crore revised cost
The Central Electricity Authority published its Monthly Progress Report for Central Funded Schemes (April 2026) covering four major projects: the North-Eastern Region Power System Improvement Project (NERPSIP) executed by PGCIL for Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura at a revised cost of Rs. 6,700 crore (originally sanctioned at Rs. 5,111.33 crore), the Comprehensive Scheme for Arunachal Pradesh and Sikkim, Prime Minister's Development Package-2015, and Prime Minister's Reconstruction Plan-2004.
8CEA's long-term resource adequacy plan projects MSEDCL generation needs through 2035-36
The Central Electricity Authority released Version 3.0 of the Long-Term Distribution Licensee Resource Adequacy Plan (LT-DRAP) for MSEDCL for the period FY 2026-27 to FY 2035-36 in April 2026. The plan, mandated under Resource Adequacy Guidelines dated 28th June 2023, analyses MSEDCL's generation expansion requirements using the ORDENA modelling tool, assesses reliability through unserved energy projections, renewable energy variability, and thermal generator forced outages, and charts investment options for gap coverage over the coming decade.
8CEA's April transformation capacity addition hits 11,325 MVA against 5,875 MVA monthly target
The Central Electricity Authority's Executive Summary for transformation capacity (220 kV and above) reveals that actual capacity addition in April 2026 stood at 11,325 MVA against a monthly target of only 5,875 MVA, an overachievement of 93%. The 765 kV segment led with 9,000 MVA achieved (target: 4,500 MVA), including 6,000 MVA by POWERGRID and 3,000 MVA by private sector. The 400 kV sector achieved 815 MVA versus a target of 315 MVA, and 220/230 kV achieved 1,510 MVA versus a target of 1,060 MVA.
8CEA's April transmission line target surpassed: 901 ckm achieved vs 601 ckm target; 400 kV overachieves 3.5x
The Central Electricity Authority's Executive Summary for transmission lines (220 kV and above) for April 2026 shows that actual additions of 901 ckm far exceeded the monthly target of 601 ckm. The 400 kV segment alone contributed 836 ckm against a target of 238 ckm, an overachievement of over 3.5 times, led by state sector additions (628 ckm vs 172 ckm target) and central sector (142 ckm). The 220 kV segment achieved 65 ckm against a target of 430 ckm. The FY 2026-27 annual target stands at 17,860 ckm.
8Meghalaya Power Generation Corp releases 2026 guidelines for Ganol Dam radial gate water discharge
Meghalaya Power Generation Corporation Limited issued a comprehensive set of operational guidelines in 2026 for the regulated and safe release of water through the Radial Gates of the Ganol Concrete Dam. The guidelines mandate round-the-clock operability of all radial gates to manage reservoir levels during flood conditions, safeguard dam abutments from overtopping, and ensure controlled downstream flow. The framework covers flood events, emergencies, sabotage scenarios, and natural disasters, balancing safety imperatives with optimised water storage for electricity generation.
TENDERS & PROCUREMENT (GeM/NIT)
8HPX launches reverse auction for Rajasthan's 500 MW thermal power for June 2026 delivery
Hindustan Power Exchange Limited issued Circular No. HPX_RA_00958 on May 18, 2026 for an Any-day(s) Single Side Reverse Auction (Auction No. HPX/18052026/00987) on behalf of buyer Rajasthan Urja Vikas and IT Services Limited. The auction seeks 500 MW of thermal energy for delivery from June 1-30, 2026, with a minimum bid quantity of 20 MW. Seller interest submissions are open from May 18-20, 2026, with the e-Reverse Auction window scheduled for May 20 and allocation finalization by May 22, 2026.
8HPX floats reverse auctions for 500 MW thermal power for July 2026 night and evening hour blocks
Hindustan Power Exchange Limited launched two Reverse Auctions on May 18, 2026 for the procurement of 500 MW thermal power by Rajasthan Urja Vikas and IT Services Limited for delivery during July 1-31, 2026: Auction No. HPX/18052026/00988 covering the 00:00-08:00 hours block and Auction No. HPX/18052026/00989 covering the 18:00-24:00 hours block. The auction process runs from May 18 to May 22, 2026, with minimum bid quantity set at 20 MW. Simultaneous auctions are also underway on IEX and PXIL platforms.
8HPX launches reverse auctions for UPCL's 200 MW multi-source power for June 2026 in three time blocks
Hindustan Power Exchange Limited issued Circulars HPX_RA_00961 and HPX_RA_00962 on May 18, 2026 for Reverse Auctions on behalf of buyer Uttarakhand Power Corporation Limited. One auction seeks 200 MW of power from solar, non-solar, hydro, and thermal sources for round-the-clock delivery from June 1-30, 2026, while another seeks two separate 200 MW lots for off-peak midnight to 6:00 AM and peak 18:00-24:00 blocks. Seller interest submissions ran from May 18-19, 2026, with allocations to be finalized by May 21, 2026.
8Rajasthan Urja Vikas lists DADRI LIQ at Rs. 25.33/kWh as costliest source in 18-24 May merit order
Rajasthan Urja Vikas and IT Services Limited released the Merit Order Dispatch schedule for 18-24 May 2026, ranking power sources from costliest to most economical based on fixed cost, variable cost, and combined tariff (inclusive of all-India transmission losses). DADRI Liquid (LIQ) topped the list at a combined tariff of Rs. 25.33/kWh (variable cost Rs. 24.782/kWh, fixed cost Rs. 0.55/kWh), followed by AURIYA LIQ at Rs. 24.06/kWh, while CGPL/TPCL, Suratgarh Thermal (STPS), and IGSTPS-Jhajjar offered the most cost-competitive power in the Rs. 5-6/kWh range. Details
NEWS UPDATE: RENEWABLE ENERGY
May 19:
SOLAR POWER
8India's renewable output surges in May 2026; Rajasthan drives solar push with 266 MU on May 15
India's Central Electricity Authority data shows renewable energy output climbing steadily through mid-May 2026. On May 15, Rajasthan alone generated 266.03 MU of renewable power in a single day, the highest among all states, powered by 22.73 MU of wind and 240.88 MU of solar. By May 16 and May 17, cumulative May generation figures continued rising across Northern and other regions, reflecting a strong ramp-up in green capacity utilisation as India heads deeper into the summer generation season.
8Borosil Renewables submits clean Secretarial Compliance Report for FY 2025-26; solar glass manufacturer flags growth
Borosil Renewables Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, issued by M/s Dhrumil M. Shah & Co. LLP. The report certifies compliance with all applicable SEBI regulations during the year, including LODR, ICDR, Takeover, Insider Trading, and other applicable regulations. The company is a manufacturer of solar glass, essential for solar panels, and an important domestic supplier supporting India's growing PV module manufacturing ecosystem under self-reliance goals.
WIND & HYBRID POWER
8Suzlon Energy schedules board meeting on 25 May to approve Q4 FY26 financial results
Suzlon Energy Limited informed stock exchanges that its Board of Directors will meet on May 25, 2026, to consider and approve standalone and consolidated financial results for Q4 (unaudited) and FY 2025-26 (audited), ending March 31, 2026. The trading window remains closed from April 1, 2026, until 48 hours after the results are declared, reopening on May 28, 2026. Suzlon, India's largest wind turbine manufacturer, is closely watched amid strong renewable ordering momentum and policy tailwinds for wind capacity addition.
8Insolation Energy schedules board on 25 May for FY26 results and ESOP 2024 share allotment
Insolation Energy Limited notified exchanges that its Board will meet on May 25, 2026, to consider and approve standalone and consolidated audited financial results for Q4 and FY 2025-26, and also to allot equity shares under the Insolation Energy Employee Stock Option Plan 2024 (ESOP 2024). The trading window for designated persons remains closed until May 27, 2026, 48 hours after the results declaration. The company operates in the solar PV module manufacturing segment with growing focus on integrated renewable solutions.
STORAGE & GREEN HYDROGEN
8India's 2025 BESS auctions allocate 10.4 GW; 71% of total storage tendering now standalone, says IEEFA-JMK
A joint report by IEEFA and JMK Research and Analytics titled Viability of Standalone Battery Energy Storage Tariffs Discovered in 2025 reveals that standalone ESS tenders constituted more than 71% of total storage capacity tendered in India in 2025, with standalone BESS projects accounting for 60% of this. A total of 10.4 GW of standalone BESS capacity was allocated in 2025. The report analyses tariff viability against benchmark costs, execution risks, and the future outlook for India's rapidly growing energy storage sector.
8EV adoption set to cross 40% of global new car sales by 2030 as energy security drives electrification
A research report dated May 18, 2026 notes that renewed oil price volatility and Middle East geopolitical tensions have pushed energy security back to the forefront of policy agendas, particularly for oil-importing Asian economies. The International Energy Agency projects EVs could account for more than 40% of global new car sales by 2030 under stated policies. Falling battery costs aided by lower lithium prices, LFP technology and sodium-ion innovation are accelerating EV adoption with Battery ESS as a parallel growth engine.
POLICY & INCENTIVES
8IEEFA calls for 99% uptime mandates in Delhi EV Policy 2026; 84% of sampled chargers found non-functional
The Institute for Energy Economics and Financial Analysis submitted feedback on Delhi's draft Electric Vehicle Policy 2026 to the Transport Department, recommending mandatory uptime standards for public chargers. A 2024 IEEFA study found that nearly 84% of surveyed public EV chargers across South, Central, West, and East Delhi were non-functional, primarily due to theft of connectors and cables and lack of maintenance. IEEFA urged Delhi to adopt minimum uptime requirements similar to the UK's 99% standard for rapid chargers and California's 97% uptime rule.
8IEA report: Southeast Asia's coal transition needs billions in transition credits; young fleet at lock-in risk
A new report by the International Energy Agency titled Financing the Modernisation of Power Systems Beyond Coal examines the potential of transition credits as a market-based instrument to accelerate coal phase-outs in Southeast Asia, where coal remains central to power systems. The report warns that the region's young coal fleet risks generating substantial long-term emissions if plants continue operating at current utilisation rates. It analyses emission scales, replacement options, and investment challenges, recommending jurisdictional approaches to transition credit mechanisms.
8IEX extends waiver of transaction fees in TRAS segment beyond March 2026 until further notice
Indian Energy Exchange Limited issued Circular No. IEX/MO/2580/2026 on May 18, 2026, extending the waiver of IEX transaction fees for clients participating in the TRAS (Transco Renewable Ancillary Services) segment beyond March 31, 2026 until further notice. The extension, announced by Executive Director Amit Kumar, is aimed at encouraging broader market participation in the TRAS segment, continuing the waiver that was originally introduced via Circular No. IEX/MO/2202/2025 dated October 3, 2025.
8IEX shifts 2nd May 2026 REC trading session to 29 May due to bank holidays on 27 and 28 May
Indian Energy Exchange Limited issued Circular No. IEX/MO/2579/2026 on May 18, 2026, announcing that the 2nd Renewable Energy Certificate (REC) trading session for May 2026 will be held on May 29, 2026 (Friday), instead of the scheduled date of May 28 (Wednesday). The change is necessitated by bank holidays on May 27 in Delhi and May 28 in Mumbai on account of Id-ul-Zuha (Eid al-Adha). Grid India's notification regarding the holiday has been enclosed as an annexure.
8IEX GDAM weekly MCP peaks at Rs. 6,545/MWh on 18 May; total green volume clears 50,697 MWh in 8 days
IEX's Green Day-Ahead Market cleared a combined 50,697.83 MWh of renewable energy across 12-19 May 2026. Weighted MCP reached its weekly high of Rs. 6,545.49/MWh on 18 May and the week's maximum daily cleared volume touched 6,983.90 MWh on 19 May. The total purchase bid for the period stood at 9,86,179.61 MWh against aggregate sell bids of 2,87,184.11 MWh, signalling that demand for certified green power significantly outstripped available supply throughout the week.
8IEX GDAM records solar surge on 18 May; MCP dips to Rs. 2,074/MWh during afternoon peak
The IEX Green Day-Ahead Market on 18 May 2026 witnessed robust renewable energy trading, with solar MCV reaching its daily high in afternoon blocks. MCP fell as low as Rs. 2,074.51/MWh during Hour 13 (12:00-13:00), reflecting the strong solar influx, compared to the Rs. 10,000/MWh overnight price. Hour 5 and 6 marked the renewable energy transition window, where MCP fell sharply from Rs. 10,000 to Rs. 6,800-7,230/MWh, underscoring the growing market influence of solar and hydro sources.
8IEX GTAM logs 96 DAC trades on 18 May; buy bids at Rs. 9,418/MWh, sell at Rs. 9,326/MWh
Indian Energy Exchange's Green Term-Ahead Market on 18 May 2026 recorded 96 Day-Ahead Contingency trades across 24 hourly blocks. Buy bids were uniformly placed at Rs. 9,418/MWh and sell bids at Rs. 9,326/MWh, with a uniform weighted average price of Rs. 9,355.25/MWh across all blocks. Per-block traded volumes ranged from 3.80 MWh to 6.35 MWh, with each block transacting through exactly 4 counterparties, signalling a liquid and structured green term market at IEX. Details
8India's renewable output surges in May 2026; Rajasthan drives solar push with 266 MU on May 15
India's Central Electricity Authority data shows renewable energy output climbing steadily through mid-May 2026. On May 15, Rajasthan alone generated 266.03 MU of renewable power in a single day, the highest among all states, powered by 22.73 MU of wind and 240.88 MU of solar. By May 16 and May 17, cumulative May generation figures continued rising across Northern and other regions, reflecting a strong ramp-up in green capacity utilisation as India heads deeper into the summer generation season.
8Borosil Renewables submits clean Secretarial Compliance Report for FY 2025-26; solar glass manufacturer flags growth
Borosil Renewables Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, issued by M/s Dhrumil M. Shah & Co. LLP. The report certifies compliance with all applicable SEBI regulations during the year, including LODR, ICDR, Takeover, Insider Trading, and other applicable regulations. The company is a manufacturer of solar glass, essential for solar panels, and an important domestic supplier supporting India's growing PV module manufacturing ecosystem under self-reliance goals.
WIND & HYBRID POWER
8Suzlon Energy schedules board meeting on 25 May to approve Q4 FY26 financial results
Suzlon Energy Limited informed stock exchanges that its Board of Directors will meet on May 25, 2026, to consider and approve standalone and consolidated financial results for Q4 (unaudited) and FY 2025-26 (audited), ending March 31, 2026. The trading window remains closed from April 1, 2026, until 48 hours after the results are declared, reopening on May 28, 2026. Suzlon, India's largest wind turbine manufacturer, is closely watched amid strong renewable ordering momentum and policy tailwinds for wind capacity addition.
8Insolation Energy schedules board on 25 May for FY26 results and ESOP 2024 share allotment
Insolation Energy Limited notified exchanges that its Board will meet on May 25, 2026, to consider and approve standalone and consolidated audited financial results for Q4 and FY 2025-26, and also to allot equity shares under the Insolation Energy Employee Stock Option Plan 2024 (ESOP 2024). The trading window for designated persons remains closed until May 27, 2026, 48 hours after the results declaration. The company operates in the solar PV module manufacturing segment with growing focus on integrated renewable solutions.
STORAGE & GREEN HYDROGEN
8India's 2025 BESS auctions allocate 10.4 GW; 71% of total storage tendering now standalone, says IEEFA-JMK
A joint report by IEEFA and JMK Research and Analytics titled Viability of Standalone Battery Energy Storage Tariffs Discovered in 2025 reveals that standalone ESS tenders constituted more than 71% of total storage capacity tendered in India in 2025, with standalone BESS projects accounting for 60% of this. A total of 10.4 GW of standalone BESS capacity was allocated in 2025. The report analyses tariff viability against benchmark costs, execution risks, and the future outlook for India's rapidly growing energy storage sector.
8EV adoption set to cross 40% of global new car sales by 2030 as energy security drives electrification
A research report dated May 18, 2026 notes that renewed oil price volatility and Middle East geopolitical tensions have pushed energy security back to the forefront of policy agendas, particularly for oil-importing Asian economies. The International Energy Agency projects EVs could account for more than 40% of global new car sales by 2030 under stated policies. Falling battery costs aided by lower lithium prices, LFP technology and sodium-ion innovation are accelerating EV adoption with Battery ESS as a parallel growth engine.
POLICY & INCENTIVES
8IEEFA calls for 99% uptime mandates in Delhi EV Policy 2026; 84% of sampled chargers found non-functional
The Institute for Energy Economics and Financial Analysis submitted feedback on Delhi's draft Electric Vehicle Policy 2026 to the Transport Department, recommending mandatory uptime standards for public chargers. A 2024 IEEFA study found that nearly 84% of surveyed public EV chargers across South, Central, West, and East Delhi were non-functional, primarily due to theft of connectors and cables and lack of maintenance. IEEFA urged Delhi to adopt minimum uptime requirements similar to the UK's 99% standard for rapid chargers and California's 97% uptime rule.
8IEA report: Southeast Asia's coal transition needs billions in transition credits; young fleet at lock-in risk
A new report by the International Energy Agency titled Financing the Modernisation of Power Systems Beyond Coal examines the potential of transition credits as a market-based instrument to accelerate coal phase-outs in Southeast Asia, where coal remains central to power systems. The report warns that the region's young coal fleet risks generating substantial long-term emissions if plants continue operating at current utilisation rates. It analyses emission scales, replacement options, and investment challenges, recommending jurisdictional approaches to transition credit mechanisms.
8IEX extends waiver of transaction fees in TRAS segment beyond March 2026 until further notice
Indian Energy Exchange Limited issued Circular No. IEX/MO/2580/2026 on May 18, 2026, extending the waiver of IEX transaction fees for clients participating in the TRAS (Transco Renewable Ancillary Services) segment beyond March 31, 2026 until further notice. The extension, announced by Executive Director Amit Kumar, is aimed at encouraging broader market participation in the TRAS segment, continuing the waiver that was originally introduced via Circular No. IEX/MO/2202/2025 dated October 3, 2025.
8IEX shifts 2nd May 2026 REC trading session to 29 May due to bank holidays on 27 and 28 May
Indian Energy Exchange Limited issued Circular No. IEX/MO/2579/2026 on May 18, 2026, announcing that the 2nd Renewable Energy Certificate (REC) trading session for May 2026 will be held on May 29, 2026 (Friday), instead of the scheduled date of May 28 (Wednesday). The change is necessitated by bank holidays on May 27 in Delhi and May 28 in Mumbai on account of Id-ul-Zuha (Eid al-Adha). Grid India's notification regarding the holiday has been enclosed as an annexure.
8IEX GDAM weekly MCP peaks at Rs. 6,545/MWh on 18 May; total green volume clears 50,697 MWh in 8 days
IEX's Green Day-Ahead Market cleared a combined 50,697.83 MWh of renewable energy across 12-19 May 2026. Weighted MCP reached its weekly high of Rs. 6,545.49/MWh on 18 May and the week's maximum daily cleared volume touched 6,983.90 MWh on 19 May. The total purchase bid for the period stood at 9,86,179.61 MWh against aggregate sell bids of 2,87,184.11 MWh, signalling that demand for certified green power significantly outstripped available supply throughout the week.
8IEX GDAM records solar surge on 18 May; MCP dips to Rs. 2,074/MWh during afternoon peak
The IEX Green Day-Ahead Market on 18 May 2026 witnessed robust renewable energy trading, with solar MCV reaching its daily high in afternoon blocks. MCP fell as low as Rs. 2,074.51/MWh during Hour 13 (12:00-13:00), reflecting the strong solar influx, compared to the Rs. 10,000/MWh overnight price. Hour 5 and 6 marked the renewable energy transition window, where MCP fell sharply from Rs. 10,000 to Rs. 6,800-7,230/MWh, underscoring the growing market influence of solar and hydro sources.
8IEX GTAM logs 96 DAC trades on 18 May; buy bids at Rs. 9,418/MWh, sell at Rs. 9,326/MWh
Indian Energy Exchange's Green Term-Ahead Market on 18 May 2026 recorded 96 Day-Ahead Contingency trades across 24 hourly blocks. Buy bids were uniformly placed at Rs. 9,418/MWh and sell bids at Rs. 9,326/MWh, with a uniform weighted average price of Rs. 9,355.25/MWh across all blocks. Per-block traded volumes ranged from 3.80 MWh to 6.35 MWh, with each block transacting through exactly 4 counterparties, signalling a liquid and structured green term market at IEX. Details
NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION
May 19:
WORK ORDERS & SUPPLY CONTRACTS
8G R Infraprojects bags 60.21-km Gujarat highway project worth Rs. 1,454 crore under HAM mode
G R Infraprojects Limited's wholly owned subsidiary, Nasarpore Malotha Highway Private Limited, signed a concession agreement with the National Highways Authority of India on May 18, 2026, for upgrading a 60.21-km stretch of NH-56 in Gujarat from two-lane to four-lane carriageway. The project, valued at Rs. 1,453.57 crore excluding GST, will be executed under Hybrid Annuity Mode with a completion period of 910 days from the appointed date, strengthening the company's road EPC order book.
8Waaree Renewable Technologies signs EPC contract for 350 MW/1,400 MWh BESS project
Waaree Renewable Technologies Limited disclosed the signing of a turnkey EPC contract for a 350 MW/1,400 MWh Battery Energy Storage System, including two years of operation and maintenance services. The order was awarded by Waaree Forever Energies Private Limited, a subsidiary of the company's holding entity. The project is scheduled for completion in FY 2026-27 and is classified as a domestic, commercial related-party contract, adding significantly to Waaree's renewable EPC order pipeline in the rapidly growing storage segment.
8PSPCL adds 12.5 MVA transformer at 66 kV Deep Singh Wala sub-station under FY25-26 plan
PSPCL issued Amendment No. 14/2025-26 to its Transmission Works List for FY 2025-26, incorporating the addition of a 12.5 MVA Power Transformer (T-2) at the 66 kV Deep Singh Wala Sub-Station under the DS Circle Faridkot. The estimated cost for this work is Rs. 210.33 lakh, to be covered under financial institution loans. Space is available in the switch yard but control room extension is required for additional relay and 11 kV VCB panels.
8PSPCL augments 20 MVA transformer to 31.5 MVA at 66 kV Mamdot sub-station under capex plan
PSPCL issued Amendment No. 119/2025-26 to include the augmentation of the 20 MVA Power Transformer (T-2) to 31.5 MVA at the 66 kV Mamdot Sub-Station under DS Circle Ferozepur, at an estimated cost of Rs. 207.94 lakh. This work is included in Annexure-C (Priority Works) of the Transmission Works List for FY 2025-26. Space is confirmed available in the yard and control room for augmentation, and funding will be from financial institutions.
8Tata Power and Druk Green sign MoU to build skill ecosystem for 5,000 MW Bhutan clean energy
Tata Power Company Limited and Druk Green Power Corporation Limited of Bhutan signed a Memorandum of Understanding at Thimphu, Bhutan, on May 18, 2026, to create a comprehensive skill development ecosystem for supporting clean energy operations under their joint development partnership of 5,000 MW. The MoU was signed in the presence of Bhutan's Prime Minister, Lyonchhen Tshering Tobgay. Training programmes will be delivered through the Tata Power Skill Development Institute (TPSDI), leveraging its expertise in power sector skills.
8GE Vernova T&D India secures landmark order from Adani Energy Solutions for 2.5-GW HVDC VSC terminal
GE Vernova T&D India Limited secured a landmark order in Q4 FY26 from Adani Energy Solutions for a 2.5-GW HVDC Voltage Source Converter terminal station for the Khavda-South Olpad renewable power corridor. The order strengthens the company's leadership in high-voltage direct current transmission technology. Q4 FY26 revenue stood at Rs. 16.4 billion, up 42% YoY. The company's order bookings for the full year stood at Rs. 147.8 billion, a 37% jump over the previous year.
PPA SIGNING & APPROVAL
8ACME Platinum Urja secures 25-year SECI PPAs for 350 MW solar-plus-storage projects at Rs. 3.42/unit
ACME Platinum Urja Private Limited (APUPL), a wholly owned subsidiary of ACME Solar Holdings Limited, is developing 150 MW (Phase-1) and 200 MW (Phase-2) solar-plus-battery storage projects under 25-year PPAs with SECI at a fixed tariff of Rs. 3.42 per unit. ICRA assigned an ICRA A-(Stable) rating to the Rs. 800 crore term loan. The cumulative DSCR on external debt is estimated above 1.25x across the loan tenure, with a DSRA of one quarter's peak debt servicing to be created within 12 months of commissioning.
8Ayana Kadapa's 250 MW solar plant commissioned a day ahead of COD; SECI PPA at Rs. 2.71/unit
Ayana Kadapa Renewable Power Private Limited (AKRP) early-commissioned its 250 MW AC solar plant in Andhra Pradesh on February 28, 2026, a day ahead of the scheduled commercial operation date. The early commissioning, coupled with improved DSCR to 1.27x from 1.22x earlier, led CareEdge Ratings to upgrade the project's rating to CARE AA-; Stable for long-term bank facilities worth Rs. 987 crore. The project holds a 25-year PPA with SECI at Rs. 2.71 per unit, providing long-term revenue visibility.
CAPACITY COMMISSIONING
8CEA records 11,325 MVA substation capacity addition in April 2026; PGCIL commissions 6,000 MVA at 765 kV
The Central Electricity Authority recorded commissioning of substations (220 kV and above) during April 2026 showing a total of 11,325 MVA added across all sectors. PGCIL alone accounted for 6,000 MVA through three central sector projects, including 2x1,500 MVA 765/400 kV ICTs at Fatehgarh-III (Rajasthan 20 GW REZ, Phase III), 1x1,500 MVA ICT at KPS-3 Gujarat (Khavda Area, Phase IV, 7 GW), and 2x1,500 MVA ICTs at Bikaner-III Pooling Station. State additions spanned HVPNL, MSETCL, APTRANSCO, RRVPNL and OPTCL.
8India's total transformation capacity crosses 14,61,851 MVA after April addition of 11,325 MVA
The Central Electricity Authority Growth Summary for April 2026 shows that India's cumulative transformation capacity (220 kV and above) has reached 14,61,851 MVA, up from 14,50,526 MVA in the previous month, reflecting an addition of 11,325 MVA during April alone. Voltage-wise breakdown shows 765 kV contributing 5,34,148 MVA and 400 kV contributing 5,15,503 MVA, while sector-wise data shows Central Sector at 5,90,791 MVA, State Sector at 7,74,543 MVA, and Private Sector at 96,517 MVA.
8CEA records 901 ckm transmission line addition in April 2026 against 601 ckm target
The Central Electricity Authority recorded commissioning of transmission lines (220 kV and above) during April 2026 totalling 901 circuit kilometres across all sectors against a monthly target of 601 ckm. In the Central Sector, PGCIL commissioned 142 ckm through Circuit-2 of the 400 kV Navsari-Kala D/C transmission line under Transmission Network Expansion in Gujarat. State sector additions included MSETCL's 456 ckm Babhleshwar-Kudus D/C line and PTCUL's 172 ckm D/C Pipalkoti-Karanprayag-Srinagar line.
8India's total transmission network reaches 5,07,414 ckm; inter-regional capacity at 1,20,340 MW
The Central Electricity Authority Growth Summary for April 2026 confirms that India's total transmission line network (220 kV and above) has reached 5,07,414 circuit kilometres, with 901 ckm added in April alone, which is also the total FY 2026-27 addition so far. The inter-regional transfer capacity of the country stands at 1,20,340 MW. Voltage-wise, the 400 kV network contributes the largest share at 2,15,281 ckm followed by 220/230 kV at 2,10,692 ckm, while State Sector leads at approximately 2,71,252 ckm.
8FY 2026-27 sees 9,000 MVA of 765 kV substations commissioned by April; Resonia's Beawar adds 3,000 MVA
The Central Electricity Authority published a cumulative report of substations completed during FY 2026-27 as on 30th April 2026, showing 9,000 MVA commissioned at 765 kV level, including 6,000 MVA by PGCIL in Rajasthan and Gujarat REZ projects and 3,000 MVA by private sector company Resonia at Beawar, Rajasthan (late reported, charged in March 2026), plus 815 MVA at 400 kV level (500 MVA by RRVPNL at Bikaner and 315 MVA by IndiGrid at Amargarh GIS), and 100 MVA at 230 kV by TANTRANSCO.
8FY 2026-27 sees 836 ckm of 400 kV lines commissioned by April; MSETCL's 456 ckm Babhleshwar-Kudus line leads
The Central Electricity Authority's cumulative transmission line report for FY 2026-27 as of 30th April 2026 shows 836 ckm of 400 kV lines completed comprising 142 ckm Central Sector by PGCIL (Navsari-Kala Gujarat), 628 ckm State Sector including MSETCL's 456 ckm Babhleshwar-Kudus D/C line and PTCUL's 172 ckm D/C Pipalkoti-Karanprayag-Srinagar line, and 66 ckm Private Sector including LILO of Kota-Merta 400 kV at Beawar under Rajasthan REZ evacuation, plus 65 ckm of 220 kV. Details
8G R Infraprojects bags 60.21-km Gujarat highway project worth Rs. 1,454 crore under HAM mode
G R Infraprojects Limited's wholly owned subsidiary, Nasarpore Malotha Highway Private Limited, signed a concession agreement with the National Highways Authority of India on May 18, 2026, for upgrading a 60.21-km stretch of NH-56 in Gujarat from two-lane to four-lane carriageway. The project, valued at Rs. 1,453.57 crore excluding GST, will be executed under Hybrid Annuity Mode with a completion period of 910 days from the appointed date, strengthening the company's road EPC order book.
8Waaree Renewable Technologies signs EPC contract for 350 MW/1,400 MWh BESS project
Waaree Renewable Technologies Limited disclosed the signing of a turnkey EPC contract for a 350 MW/1,400 MWh Battery Energy Storage System, including two years of operation and maintenance services. The order was awarded by Waaree Forever Energies Private Limited, a subsidiary of the company's holding entity. The project is scheduled for completion in FY 2026-27 and is classified as a domestic, commercial related-party contract, adding significantly to Waaree's renewable EPC order pipeline in the rapidly growing storage segment.
8PSPCL adds 12.5 MVA transformer at 66 kV Deep Singh Wala sub-station under FY25-26 plan
PSPCL issued Amendment No. 14/2025-26 to its Transmission Works List for FY 2025-26, incorporating the addition of a 12.5 MVA Power Transformer (T-2) at the 66 kV Deep Singh Wala Sub-Station under the DS Circle Faridkot. The estimated cost for this work is Rs. 210.33 lakh, to be covered under financial institution loans. Space is available in the switch yard but control room extension is required for additional relay and 11 kV VCB panels.
8PSPCL augments 20 MVA transformer to 31.5 MVA at 66 kV Mamdot sub-station under capex plan
PSPCL issued Amendment No. 119/2025-26 to include the augmentation of the 20 MVA Power Transformer (T-2) to 31.5 MVA at the 66 kV Mamdot Sub-Station under DS Circle Ferozepur, at an estimated cost of Rs. 207.94 lakh. This work is included in Annexure-C (Priority Works) of the Transmission Works List for FY 2025-26. Space is confirmed available in the yard and control room for augmentation, and funding will be from financial institutions.
8Tata Power and Druk Green sign MoU to build skill ecosystem for 5,000 MW Bhutan clean energy
Tata Power Company Limited and Druk Green Power Corporation Limited of Bhutan signed a Memorandum of Understanding at Thimphu, Bhutan, on May 18, 2026, to create a comprehensive skill development ecosystem for supporting clean energy operations under their joint development partnership of 5,000 MW. The MoU was signed in the presence of Bhutan's Prime Minister, Lyonchhen Tshering Tobgay. Training programmes will be delivered through the Tata Power Skill Development Institute (TPSDI), leveraging its expertise in power sector skills.
8GE Vernova T&D India secures landmark order from Adani Energy Solutions for 2.5-GW HVDC VSC terminal
GE Vernova T&D India Limited secured a landmark order in Q4 FY26 from Adani Energy Solutions for a 2.5-GW HVDC Voltage Source Converter terminal station for the Khavda-South Olpad renewable power corridor. The order strengthens the company's leadership in high-voltage direct current transmission technology. Q4 FY26 revenue stood at Rs. 16.4 billion, up 42% YoY. The company's order bookings for the full year stood at Rs. 147.8 billion, a 37% jump over the previous year.
PPA SIGNING & APPROVAL
8ACME Platinum Urja secures 25-year SECI PPAs for 350 MW solar-plus-storage projects at Rs. 3.42/unit
ACME Platinum Urja Private Limited (APUPL), a wholly owned subsidiary of ACME Solar Holdings Limited, is developing 150 MW (Phase-1) and 200 MW (Phase-2) solar-plus-battery storage projects under 25-year PPAs with SECI at a fixed tariff of Rs. 3.42 per unit. ICRA assigned an ICRA A-(Stable) rating to the Rs. 800 crore term loan. The cumulative DSCR on external debt is estimated above 1.25x across the loan tenure, with a DSRA of one quarter's peak debt servicing to be created within 12 months of commissioning.
8Ayana Kadapa's 250 MW solar plant commissioned a day ahead of COD; SECI PPA at Rs. 2.71/unit
Ayana Kadapa Renewable Power Private Limited (AKRP) early-commissioned its 250 MW AC solar plant in Andhra Pradesh on February 28, 2026, a day ahead of the scheduled commercial operation date. The early commissioning, coupled with improved DSCR to 1.27x from 1.22x earlier, led CareEdge Ratings to upgrade the project's rating to CARE AA-; Stable for long-term bank facilities worth Rs. 987 crore. The project holds a 25-year PPA with SECI at Rs. 2.71 per unit, providing long-term revenue visibility.
CAPACITY COMMISSIONING
8CEA records 11,325 MVA substation capacity addition in April 2026; PGCIL commissions 6,000 MVA at 765 kV
The Central Electricity Authority recorded commissioning of substations (220 kV and above) during April 2026 showing a total of 11,325 MVA added across all sectors. PGCIL alone accounted for 6,000 MVA through three central sector projects, including 2x1,500 MVA 765/400 kV ICTs at Fatehgarh-III (Rajasthan 20 GW REZ, Phase III), 1x1,500 MVA ICT at KPS-3 Gujarat (Khavda Area, Phase IV, 7 GW), and 2x1,500 MVA ICTs at Bikaner-III Pooling Station. State additions spanned HVPNL, MSETCL, APTRANSCO, RRVPNL and OPTCL.
8India's total transformation capacity crosses 14,61,851 MVA after April addition of 11,325 MVA
The Central Electricity Authority Growth Summary for April 2026 shows that India's cumulative transformation capacity (220 kV and above) has reached 14,61,851 MVA, up from 14,50,526 MVA in the previous month, reflecting an addition of 11,325 MVA during April alone. Voltage-wise breakdown shows 765 kV contributing 5,34,148 MVA and 400 kV contributing 5,15,503 MVA, while sector-wise data shows Central Sector at 5,90,791 MVA, State Sector at 7,74,543 MVA, and Private Sector at 96,517 MVA.
8CEA records 901 ckm transmission line addition in April 2026 against 601 ckm target
The Central Electricity Authority recorded commissioning of transmission lines (220 kV and above) during April 2026 totalling 901 circuit kilometres across all sectors against a monthly target of 601 ckm. In the Central Sector, PGCIL commissioned 142 ckm through Circuit-2 of the 400 kV Navsari-Kala D/C transmission line under Transmission Network Expansion in Gujarat. State sector additions included MSETCL's 456 ckm Babhleshwar-Kudus D/C line and PTCUL's 172 ckm D/C Pipalkoti-Karanprayag-Srinagar line.
8India's total transmission network reaches 5,07,414 ckm; inter-regional capacity at 1,20,340 MW
The Central Electricity Authority Growth Summary for April 2026 confirms that India's total transmission line network (220 kV and above) has reached 5,07,414 circuit kilometres, with 901 ckm added in April alone, which is also the total FY 2026-27 addition so far. The inter-regional transfer capacity of the country stands at 1,20,340 MW. Voltage-wise, the 400 kV network contributes the largest share at 2,15,281 ckm followed by 220/230 kV at 2,10,692 ckm, while State Sector leads at approximately 2,71,252 ckm.
8FY 2026-27 sees 9,000 MVA of 765 kV substations commissioned by April; Resonia's Beawar adds 3,000 MVA
The Central Electricity Authority published a cumulative report of substations completed during FY 2026-27 as on 30th April 2026, showing 9,000 MVA commissioned at 765 kV level, including 6,000 MVA by PGCIL in Rajasthan and Gujarat REZ projects and 3,000 MVA by private sector company Resonia at Beawar, Rajasthan (late reported, charged in March 2026), plus 815 MVA at 400 kV level (500 MVA by RRVPNL at Bikaner and 315 MVA by IndiGrid at Amargarh GIS), and 100 MVA at 230 kV by TANTRANSCO.
8FY 2026-27 sees 836 ckm of 400 kV lines commissioned by April; MSETCL's 456 ckm Babhleshwar-Kudus line leads
The Central Electricity Authority's cumulative transmission line report for FY 2026-27 as of 30th April 2026 shows 836 ckm of 400 kV lines completed comprising 142 ckm Central Sector by PGCIL (Navsari-Kala Gujarat), 628 ckm State Sector including MSETCL's 456 ckm Babhleshwar-Kudus D/C line and PTCUL's 172 ckm D/C Pipalkoti-Karanprayag-Srinagar line, and 66 ckm Private Sector including LILO of Kota-Merta 400 kV at Beawar under Rajasthan REZ evacuation, plus 65 ckm of 220 kV. Details
NEWS UPDATE: TARIFF & REGULATORY ORDERS
May 19:
COMMISSION ORDERS (CERC/SERC)
8CERC proposes transmission licence to Apraava Energy for 765/400 kV multi-state grid expansion in MP
The Central Electricity Regulatory Commission proposed to issue an inter-state transmission licence (Petition No. 131/TL/2026) to Apraava Energy Pvt. Ltd. on a Build-Own-Operate basis, covering a complex high-voltage network including 765/400 kV and 400/220 kV substations with 3 Nos. of 1,500 MVA ICTs, multiple 765 kV and 400 kV line bays, STATCOM units of plus/minus 400 MVAr, and 27-month completion timelines, serving key substations in Morena, Sabalgarh, and Karera (near Datia), Madhya Pradesh.
8CERC adopts tariff for Waaree Forever's 170 MW Neemuch solar project under RUMSL-MPPMCL bid
The Central Electricity Regulatory Commission on 16th May 2026 passed an order in Petition No. 776/AT/2025 under Section 63 of the Electricity Act, 2003 to formally adopt tariff for a 170 MW grid-connected solar PV project won by Waaree Forever Energies Private Limited through competitive bidding at the Neemuch Solar Park, Madhya Pradesh. The initiative is jointly promoted by Rewa Ultra Mega Solar Limited (RUMSL) and Madhya Pradesh Power Management Company Limited (MPPMCL) as part of the Government's target of achieving 500 GW renewable capacity by 2030.
8CERC issues corrigendum on JSW Hydro's Rs. 2,198.80 lakh energy charge recovery in remand order
The Central Electricity Regulatory Commission issued a corrigendum order on 16th May 2026 in Petition No. 184/MP/2019 (on remand), correcting its earlier order dated 28th November 2025. The petition was filed by JSW Hydro Energy Ltd. (formerly Himachal Baspa Power Company Limited) under CERC Tariff Regulations, 2019 for recovery of unrecovered energy charges related to shortfall in generation during FY 2018-19 at Karcham Wangtoo HEP. JSW Hydro confirmed actual amount realised from beneficiaries stood at Rs. 2,198.80 lakh.
8UERC approves UPCL's FPPCA for Q3 FY26; Rs. 59.17 crore chargeable against incremental costs
The Uttarakhand Electricity Regulatory Commission in Petition No. 20 of 2026 dated May 15, 2026 approved UPCL's Fuel and Power Purchase Cost Adjustment for Q3 FY 2025-26 (October-December 2025). The total amount chargeable against incremental power purchase costs was Rs. 59.17 crore, comprising minus Rs. 1.92 crore for October (net of over-recovery), Rs. 43.63 crore for November, and Rs. 17.46 crore for December 2025. The commission approved a net claim of Rs. 767.06 crore (1,390.73 MU) for December 2025.
8JERC passes True-Up order for Lakshadweep Electricity Department for FY 2020-21 and 2021-22
The Joint Electricity Regulatory Commission for Goa and Union Territories issued its Tariff Order on May 18, 2026, approving the True-up of accounts for FY 2020-21 and FY 2021-22 for the Lakshadweep Electricity Department. The order covers detailed assessment of consumer numbers, energy sales, T&D losses, power purchase costs, fuel costs, O&M expenses, capital structure, depreciation, return on equity, and aggregate revenue requirements, and resolves gaps and surpluses from the two financial years for the Union Territory's electricity utility.
8Jharkhand SERC orders true-up of DVC's distribution business for FY 2006-07 to 2011-12
The Jharkhand State Electricity Regulatory Commission issued an order in May 2026 directing the true-up of accounts for the distribution business of Damodar Valley Corporation (DVC) in Jharkhand for the period FY 2006-07 to FY 2011-12. The order follows a detailed public consultation process and examines DVC's Transmission and Distribution costs, Own Generation costs, Sinking Fund contributions, Additional O&M expenses from pay revision, Interest on Temporary Financial Accommodation, Legal expenses, Income Tax, Revenue, and Average Cost of Supply.
8TNERC invites public comment on 3 draft regulations: Multi-Year Distribution Tariff, SLDC charges, BESS rules 2026
The Tamil Nadu Electricity Regulatory Commission on 18th May 2026 issued a press release announcing publication of three landmark draft regulations on its website, inviting public comments within 15 days: TNERC (Multi Year Tariff for Distribution) Regulations, 2026 published 12th May; TNERC (Determination of State Load Despatch Centre Fees and Charges) Regulations, 2026 published 14th May; and TNERC (Battery Energy Storage Systems) Regulations, 2026 published 15th May 2026.
8DERC floats tender for C&AG-empanelled CA firm to intensively audit Delhi DISCOMs; bids due 8 June
The Delhi Electricity Regulatory Commission issued a Tender Notice on May 18, 2026, inviting sealed bids from C&AG-empanelled CA firms for an Intensive Audit of three Delhi electricity distribution companies, BSES Rajdhani Power, BSES Yamuna Power, and Tata Power Delhi Distribution. The audit is being undertaken in pursuance of Supreme Court directions dated August 6, 2025, and implemented through APTEL's suo-moto petition OP-01/2025. Bid proposals must be submitted by 13:00 hours on June 8, 2026.
REGULATORY PETITION & REVIEW
8WBSETCL moves CERC for ISTS tariff on 94.726 km Kolaghat-Baripada line and 73.9 km Santaldih-Chandil corridor
West Bengal State Electricity Transmission Company Limited filed a petition on 18th May 2026 before the Central Electricity Regulatory Commission under Sections 62(1)(b) and 79(1)(d) of the Electricity Act, 2003 for determination of ISTS tariff for the period 2024-29 and true-up for 2019-24. The petition covers Asset 1A: 94.726 km of 400 kV S/C Kolaghat-Baripada Transmission Line (ISTS portion), Asset 1B: 3.874 km of the same line (Loop-out ISTS portion), and Asset 2: 73.9 km of 220 kV S/C Santaldih-Chandil Transmission Line.
8UPERC begins hearing on UPPCL's bid for 4,000 MW thermal power on 25-year DBFOO basis
The UPERC commenced hearing on Petition No. 2338 of 2026 filed by UPPCL for approval to procure 4,000 MW of thermal power capacity from new projects under DBFOO (Design, Build, Finance, Own, Operate) mode for 25 years, sourcing fuel via SHAKTI Policy B(iv). The hearing saw intervention applications from JSW Energy and Lalitpur Power Generation Company Limited, who raised objections to key bid conditions including restriction to new projects only, the mandated 800 MW unit size, and the 2,400 MW cap per bidder.
8UPERC admits BESS petition from Fourth Partner Energy; seeks clarity on retrofitting storage in operating RE plants
The UPERC admitted a petition (No. 2355 of 2026) from Fourth Partner Energy Private Limited and two associated companies seeking regulatory clarity on installing Battery Energy Storage Systems (BESS) in already commissioned and grid-connected renewable energy generating stations. The petitioner highlighted regulatory gaps: existing connectivity procedures do not address BESS integration post-commissioning, raising issues around long-term open access, power injection hours, and BPTA/BPWA agreements for solar projects.
8UPERC admits NTPC's petition to transfer Rihand area distribution licence to UPPCL/PUVVNL
The UPERC admitted a petition filed by NTPC Limited (Petition No. 2372 of 2026) seeking approval for the transfer of Distribution Licence No. 1 of 2011 from NTPC to UPPCL/Purvanchal Vidyut Vitran Nigam Limited for the NTPC Rihand rehabilitation area in Sonbhadra district, Uttar Pradesh. The petition is filed pursuant to the Supreme Court's February 18, 2026 order in Writ Petition No. 1061/1982, and involves payment of Rs. 3,37,72,993 by NTPC to the respondents.
8UPERC forms committee to determine final capital cost of UPRVUNL's 660 MW Harduaganj unit
The UPERC decided to constitute a technical committee to determine the final capital cost of the 1x660 MW Harduaganj Extension Stage-II Thermal Power Station of U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL), following the model used in the Jawaharpur TPS case. The Commission allowed UPRVUNL four weeks to respond to UPPCL's submissions. The matter (Petition No. 2159 of 2024) was heard on May 12, 2026, with provisional tariff arrangements continuing pending final determination.
8UPERC lists Obra C 2x660 MW tariff petition for 14 July; UPRVUNL gets four weeks to reply
The UPERC in Petition No. 2237 of 2025 granted UPRVUNL four weeks to file its reply to detailed submissions made by UPPCL regarding the final capital cost and provisional tariff of the 2x660 MW Obra C Thermal Power Station. The petition under Sections 62 and 86(1) of the Electricity Act, 2003 seeks approval of annual revenue requirements and provisional tariff for the project. The next hearing is listed for July 14, 2026.
8UPERC allows UPRVUNL four weeks to reply in 660 MW Panki Extension TPS case; bills at 80% provisional rate
The UPERC in Petition No. 2233 of 2025 allowed UPRVUNL four weeks to respond to UPPCL's submissions regarding the 1x660 MW Panki Extension Thermal Power Station's final capital cost and provisional tariff. The Commission confirmed that UPRVUNL has been permitted to bill 80% of its claimed fixed charges on a provisional basis, with variable charges at actual. The matter is listed for hearing on July 14, 2026 alongside other UPRVUNL thermal tariff petitions.
8UPERC hears India Glycols petition on tariff for coal-switched co-generation plant; UPPCL seeks 3 weeks
The UPERC in Petition No. 2365 of 2026 heard India Glycols Limited's petition seeking tariff determination for its non-RE captive co-generation plant commissioned in FY 2013-14. IGL sought relief under the Power to Remove Difficulty clause after changing the plant's fuel from biomass (rice husk) to 100% coal. The Commission noted that the applicable tariff may be reduced with the fuel shift. UPPCL was granted three weeks to file its reply; the matter is listed for June 4, 2026.
8UPERC directs Meerut Shamli Transmission to file hard-copy rejoinders; project COD extension sought
The UPERC in Petition No. 2264 of 2025 directed Meerut Shamli Power Transmission Limited to file hard-copy rejoinders to replies filed by UPPTCL, UPPCL, and LTTCs before the Commission and to serve them on all respondents. The matter, which seeks extension of the scheduled commissioning date for a transmission project and stay of coercive measures, was heard on May 14, 2026, with next steps awaited on the procedural compliance front.
8TGGENCO files petition before TERC to adopt tariff for 1,500 MWh BESS under global competitive bidding
Telangana Power Generation Corporation Limited (TGGENCO), headquartered at Vidyut Soudha, Hyderabad, filed a petition under Section 63 of the Electricity Act, 2003 before the Telangana Electricity Regulatory Commission seeking adoption of tariff for 1,500 MWh Battery Energy Storage Systems (BESS) to be deployed at 2 locations of TGTRANSCO's vacant lands under Build-Own-Operate mode with Viability Gap Funding from PSDF and a 15-year tenure. The Southern Power Distribution Company of Telangana and other DISCOMs are listed as respondents. Details
8CERC proposes transmission licence to Apraava Energy for 765/400 kV multi-state grid expansion in MP
The Central Electricity Regulatory Commission proposed to issue an inter-state transmission licence (Petition No. 131/TL/2026) to Apraava Energy Pvt. Ltd. on a Build-Own-Operate basis, covering a complex high-voltage network including 765/400 kV and 400/220 kV substations with 3 Nos. of 1,500 MVA ICTs, multiple 765 kV and 400 kV line bays, STATCOM units of plus/minus 400 MVAr, and 27-month completion timelines, serving key substations in Morena, Sabalgarh, and Karera (near Datia), Madhya Pradesh.
8CERC adopts tariff for Waaree Forever's 170 MW Neemuch solar project under RUMSL-MPPMCL bid
The Central Electricity Regulatory Commission on 16th May 2026 passed an order in Petition No. 776/AT/2025 under Section 63 of the Electricity Act, 2003 to formally adopt tariff for a 170 MW grid-connected solar PV project won by Waaree Forever Energies Private Limited through competitive bidding at the Neemuch Solar Park, Madhya Pradesh. The initiative is jointly promoted by Rewa Ultra Mega Solar Limited (RUMSL) and Madhya Pradesh Power Management Company Limited (MPPMCL) as part of the Government's target of achieving 500 GW renewable capacity by 2030.
8CERC issues corrigendum on JSW Hydro's Rs. 2,198.80 lakh energy charge recovery in remand order
The Central Electricity Regulatory Commission issued a corrigendum order on 16th May 2026 in Petition No. 184/MP/2019 (on remand), correcting its earlier order dated 28th November 2025. The petition was filed by JSW Hydro Energy Ltd. (formerly Himachal Baspa Power Company Limited) under CERC Tariff Regulations, 2019 for recovery of unrecovered energy charges related to shortfall in generation during FY 2018-19 at Karcham Wangtoo HEP. JSW Hydro confirmed actual amount realised from beneficiaries stood at Rs. 2,198.80 lakh.
8UERC approves UPCL's FPPCA for Q3 FY26; Rs. 59.17 crore chargeable against incremental costs
The Uttarakhand Electricity Regulatory Commission in Petition No. 20 of 2026 dated May 15, 2026 approved UPCL's Fuel and Power Purchase Cost Adjustment for Q3 FY 2025-26 (October-December 2025). The total amount chargeable against incremental power purchase costs was Rs. 59.17 crore, comprising minus Rs. 1.92 crore for October (net of over-recovery), Rs. 43.63 crore for November, and Rs. 17.46 crore for December 2025. The commission approved a net claim of Rs. 767.06 crore (1,390.73 MU) for December 2025.
8JERC passes True-Up order for Lakshadweep Electricity Department for FY 2020-21 and 2021-22
The Joint Electricity Regulatory Commission for Goa and Union Territories issued its Tariff Order on May 18, 2026, approving the True-up of accounts for FY 2020-21 and FY 2021-22 for the Lakshadweep Electricity Department. The order covers detailed assessment of consumer numbers, energy sales, T&D losses, power purchase costs, fuel costs, O&M expenses, capital structure, depreciation, return on equity, and aggregate revenue requirements, and resolves gaps and surpluses from the two financial years for the Union Territory's electricity utility.
8Jharkhand SERC orders true-up of DVC's distribution business for FY 2006-07 to 2011-12
The Jharkhand State Electricity Regulatory Commission issued an order in May 2026 directing the true-up of accounts for the distribution business of Damodar Valley Corporation (DVC) in Jharkhand for the period FY 2006-07 to FY 2011-12. The order follows a detailed public consultation process and examines DVC's Transmission and Distribution costs, Own Generation costs, Sinking Fund contributions, Additional O&M expenses from pay revision, Interest on Temporary Financial Accommodation, Legal expenses, Income Tax, Revenue, and Average Cost of Supply.
8TNERC invites public comment on 3 draft regulations: Multi-Year Distribution Tariff, SLDC charges, BESS rules 2026
The Tamil Nadu Electricity Regulatory Commission on 18th May 2026 issued a press release announcing publication of three landmark draft regulations on its website, inviting public comments within 15 days: TNERC (Multi Year Tariff for Distribution) Regulations, 2026 published 12th May; TNERC (Determination of State Load Despatch Centre Fees and Charges) Regulations, 2026 published 14th May; and TNERC (Battery Energy Storage Systems) Regulations, 2026 published 15th May 2026.
8DERC floats tender for C&AG-empanelled CA firm to intensively audit Delhi DISCOMs; bids due 8 June
The Delhi Electricity Regulatory Commission issued a Tender Notice on May 18, 2026, inviting sealed bids from C&AG-empanelled CA firms for an Intensive Audit of three Delhi electricity distribution companies, BSES Rajdhani Power, BSES Yamuna Power, and Tata Power Delhi Distribution. The audit is being undertaken in pursuance of Supreme Court directions dated August 6, 2025, and implemented through APTEL's suo-moto petition OP-01/2025. Bid proposals must be submitted by 13:00 hours on June 8, 2026.
REGULATORY PETITION & REVIEW
8WBSETCL moves CERC for ISTS tariff on 94.726 km Kolaghat-Baripada line and 73.9 km Santaldih-Chandil corridor
West Bengal State Electricity Transmission Company Limited filed a petition on 18th May 2026 before the Central Electricity Regulatory Commission under Sections 62(1)(b) and 79(1)(d) of the Electricity Act, 2003 for determination of ISTS tariff for the period 2024-29 and true-up for 2019-24. The petition covers Asset 1A: 94.726 km of 400 kV S/C Kolaghat-Baripada Transmission Line (ISTS portion), Asset 1B: 3.874 km of the same line (Loop-out ISTS portion), and Asset 2: 73.9 km of 220 kV S/C Santaldih-Chandil Transmission Line.
8UPERC begins hearing on UPPCL's bid for 4,000 MW thermal power on 25-year DBFOO basis
The UPERC commenced hearing on Petition No. 2338 of 2026 filed by UPPCL for approval to procure 4,000 MW of thermal power capacity from new projects under DBFOO (Design, Build, Finance, Own, Operate) mode for 25 years, sourcing fuel via SHAKTI Policy B(iv). The hearing saw intervention applications from JSW Energy and Lalitpur Power Generation Company Limited, who raised objections to key bid conditions including restriction to new projects only, the mandated 800 MW unit size, and the 2,400 MW cap per bidder.
8UPERC admits BESS petition from Fourth Partner Energy; seeks clarity on retrofitting storage in operating RE plants
The UPERC admitted a petition (No. 2355 of 2026) from Fourth Partner Energy Private Limited and two associated companies seeking regulatory clarity on installing Battery Energy Storage Systems (BESS) in already commissioned and grid-connected renewable energy generating stations. The petitioner highlighted regulatory gaps: existing connectivity procedures do not address BESS integration post-commissioning, raising issues around long-term open access, power injection hours, and BPTA/BPWA agreements for solar projects.
8UPERC admits NTPC's petition to transfer Rihand area distribution licence to UPPCL/PUVVNL
The UPERC admitted a petition filed by NTPC Limited (Petition No. 2372 of 2026) seeking approval for the transfer of Distribution Licence No. 1 of 2011 from NTPC to UPPCL/Purvanchal Vidyut Vitran Nigam Limited for the NTPC Rihand rehabilitation area in Sonbhadra district, Uttar Pradesh. The petition is filed pursuant to the Supreme Court's February 18, 2026 order in Writ Petition No. 1061/1982, and involves payment of Rs. 3,37,72,993 by NTPC to the respondents.
8UPERC forms committee to determine final capital cost of UPRVUNL's 660 MW Harduaganj unit
The UPERC decided to constitute a technical committee to determine the final capital cost of the 1x660 MW Harduaganj Extension Stage-II Thermal Power Station of U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL), following the model used in the Jawaharpur TPS case. The Commission allowed UPRVUNL four weeks to respond to UPPCL's submissions. The matter (Petition No. 2159 of 2024) was heard on May 12, 2026, with provisional tariff arrangements continuing pending final determination.
8UPERC lists Obra C 2x660 MW tariff petition for 14 July; UPRVUNL gets four weeks to reply
The UPERC in Petition No. 2237 of 2025 granted UPRVUNL four weeks to file its reply to detailed submissions made by UPPCL regarding the final capital cost and provisional tariff of the 2x660 MW Obra C Thermal Power Station. The petition under Sections 62 and 86(1) of the Electricity Act, 2003 seeks approval of annual revenue requirements and provisional tariff for the project. The next hearing is listed for July 14, 2026.
8UPERC allows UPRVUNL four weeks to reply in 660 MW Panki Extension TPS case; bills at 80% provisional rate
The UPERC in Petition No. 2233 of 2025 allowed UPRVUNL four weeks to respond to UPPCL's submissions regarding the 1x660 MW Panki Extension Thermal Power Station's final capital cost and provisional tariff. The Commission confirmed that UPRVUNL has been permitted to bill 80% of its claimed fixed charges on a provisional basis, with variable charges at actual. The matter is listed for hearing on July 14, 2026 alongside other UPRVUNL thermal tariff petitions.
8UPERC hears India Glycols petition on tariff for coal-switched co-generation plant; UPPCL seeks 3 weeks
The UPERC in Petition No. 2365 of 2026 heard India Glycols Limited's petition seeking tariff determination for its non-RE captive co-generation plant commissioned in FY 2013-14. IGL sought relief under the Power to Remove Difficulty clause after changing the plant's fuel from biomass (rice husk) to 100% coal. The Commission noted that the applicable tariff may be reduced with the fuel shift. UPPCL was granted three weeks to file its reply; the matter is listed for June 4, 2026.
8UPERC directs Meerut Shamli Transmission to file hard-copy rejoinders; project COD extension sought
The UPERC in Petition No. 2264 of 2025 directed Meerut Shamli Power Transmission Limited to file hard-copy rejoinders to replies filed by UPPTCL, UPPCL, and LTTCs before the Commission and to serve them on all respondents. The matter, which seeks extension of the scheduled commissioning date for a transmission project and stay of coercive measures, was heard on May 14, 2026, with next steps awaited on the procedural compliance front.
8TGGENCO files petition before TERC to adopt tariff for 1,500 MWh BESS under global competitive bidding
Telangana Power Generation Corporation Limited (TGGENCO), headquartered at Vidyut Soudha, Hyderabad, filed a petition under Section 63 of the Electricity Act, 2003 before the Telangana Electricity Regulatory Commission seeking adoption of tariff for 1,500 MWh Battery Energy Storage Systems (BESS) to be deployed at 2 locations of TGTRANSCO's vacant lands under Build-Own-Operate mode with Viability Gap Funding from PSDF and a 15-year tenure. The Southern Power Distribution Company of Telangana and other DISCOMs are listed as respondents. Details
NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE
May 19:
QUARTERLY RESULTS
8GE Vernova T&D India posts record Rs. 62.1 bn FY26 revenue; PAT doubles to Rs. 12.3 bn
GE Vernova T&D India Limited reported a stellar FY 2025-26 with revenue surging 45% YoY to Rs. 62.1 billion, while PAT more than doubled to Rs. 12.3 billion, up 103% YoY. Order bookings for the full year stood at Rs. 147.8 billion, a 37% jump over the previous year. In Q4 FY26 alone, the company clocked Rs. 16.4 billion in revenue, up 42% YoY, and secured a landmark order from Adani Energy Solutions for a 2.5-GW HVDC VSC terminal station for the Khavda-South Olpad renewable power corridor.
8Triveni Turbine reports record FY26 revenue of Rs. 21.81 bn; Q4 revenue up 26.3% YoY at Rs. 6.80 bn
Triveni Turbine Limited reported its highest-ever annual revenue of Rs. 21.81 billion for FY 2025-26, a 9% YoY rise, with exports contributing 58% of the total and growing 30.1% YoY. In Q4 FY26, the company achieved its highest-ever quarterly revenue of Rs. 6.80 billion, up 26.3% YoY, driven by a 45.8% surge in export revenue and a 174.1% spike in export order bookings. Q4 order booking stood at Rs. 7.47 billion, up 19% YoY. EBITDA for Q4 was Rs. 1.44 billion with a margin of 21.2%, while full-year PAT stood at Rs. 3.49 billion.
8JSW Energy clocks record FY26 EBITDA of Rs. 11,041 crore; installed capacity rises 2.6 GW to 13.45 GW
JSW Energy Limited held its Q4 FY26 earnings conference call on May 11, 2026, reporting record annual EBITDA of Rs. 11,041 crore for FY26, with installed capacity growing by 2.6 GW to 13.45 GW and generation rising 58% YoY. Joint MD and CEO Sharad Mahendra noted that India's total power demand grew only 0.9% in FY26, the lowest in five years, due to an extended monsoon, though Q4 saw a recovery. The company said FY26 was pivotal in translating its Strategy 3.0 ambitions into concrete business outcomes.
8POWERGRID FY26 PAT rises 3.7% to Rs. 15,921 crore; Q4 PAT up 5% YoY at Rs. 4,553 crore
Power Grid Corporation of India Limited reported standalone PAT of Rs. 15,921 crore for FY26, a 3.7% YoY rise, on revenue of Rs. 40,904 crore. Q4 FY26 PAT grew 5% YoY to Rs. 4,553 crore. The state-owned transmission giant exceeded its FY26 capex guidance by delivering Rs. 39,967 crore against a target of Rs. 35,000 crore. Works-in-hand pipeline stood at approximately Rs. 1.70 lakh crore with a bidding pipeline exceeding Rs. 1.1 lakh crore, while system availability stood at 99.84%.
8POWERGRID posts Rs. 46,995.88 crore total income for FY26; Q4 standalone income at Rs. 11,954.70 crore
Power Grid Corporation of India Limited published its audited financial results for FY ended 31st March 2026 under Regulations 30 and 47 of SEBI LODR Regulations, 2015. Standalone total income stood at Rs. 46,995.88 crore for the full year, compared to Rs. 46,325.32 crore in FY 2024-25, while quarterly income for Q4 FY 2025-26 was Rs. 11,954.70 crore. Results were communicated to both NSE and BSE on 16th May 2026 by Company Secretary Satyaprakash Dash.
8NTPC's Patratu Unit-2 (800 MW) completes trial run; NTPC Group capacity rises to 90,668 MW
NTPC Limited announced successful completion of trial operation of Unit-2 (800 MW) of Patratu Vidyut Utpadan Nigam Limited (PVUNL), a subsidiary operating in Jharkhand. With this addition, the total installed capacity of the NTPC Group reaches 90,668 MW. The unit has been formally included in NTPC's installed capacity following achievement of approved norms and due approvals, reinforcing NTPC's leading position as India's largest power generator with approximately 17% of India's installed capacity and 22% of generation as of March 2026.
ANNUAL RESULTS
8NHPC board approves audited financial results for FY 2025-26; investor presentation uploaded
NHPC Limited's Board of Directors, at its meeting on May 15, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company has uploaded an investor presentation on its official website. NHPC, India's premier hydropower public sector enterprise classified as a Navratna CPSE, generates green energy from its hydroelectric stations across the country and forms a strategic pillar of India's clean-power generation portfolio supporting national renewable energy transition targets.
8IREDA reports 71.76% growth in green energy financing disbursements in Q4 FY26
Indian Renewable Energy Development Agency Limited (IREDA), a Navratna CPSE under MNRE, released its Akshay Kranti newsletter for January-March 2026 (Q4 FY26), highlighting 71.76% growth in green energy financing disbursements. The agency noted strong performance across solar, wind, hydro, and biomass sectors, supporting India's push to scale up renewable energy capacity toward its national energy transition goals targeting 500 GW non-fossil capacity by 2030.
DIVIDEND & BOARD DECISIONS
8GE Vernova T&D India recommends Rs. 10/share final dividend for FY26; reappoints Sushil Kumar as WTD & CFO
GE Vernova T&D India Limited's Board, at its May 18, 2026 meeting, approved audited financial results for Q4 and FY 2025-26 and recommended a final dividend of Rs. 10 per equity share (500% of face value of Rs. 2), subject to shareholder approval. The board reappointed Deloitte Haskins & Sells as statutory auditors for five years, appointed M/s Ramanath Iyer & Co. as cost auditors for FY 2026-27, and reappointed Mr. Sushil Kumar as Whole Time Director and CFO for five years effective January 1, 2027.
8Triveni Turbine recommends Rs. 2/share final dividend for FY26; approves two independent director reappointments
Triveni Turbine Limited's Board of Directors at its May 18, 2026 meeting approved audited standalone and consolidated financial results for Q4 and FY 2025-26 and recommended a final dividend of Rs. 2 per equity share (200% of face value of Rs. 1) for FY 2025-26, subject to shareholder approval at the AGM on September 9, 2026. The Board also approved the reappointment of Mr. Vijay Kumar Thadani till December 14, 2031 and Mr. Vipin Sondhi till March 16, 2032 as Independent Directors for second terms of five years each.
8POWERGRID elevates three Chief General Managers Jiten Das, Rajiv Gandhi, Sanjay Kumar Gupta to Executive Director
Power Grid Corporation of India Limited disclosed to NSE and BSE on 16th May 2026 that Shri Jiten Das, Shri Rajiv Gandhi, and Shri Sanjay Kumar Gupta, all serving as Chief General Managers, have been promoted to the position of Executive Director (ED), marking a significant change in senior management. The disclosure was made under Regulation 30 of SEBI LODR Regulations, 2015 by Company Secretary Satyaprakash Dash. The promotions strengthen POWERGRID's leadership bench as the company manages approximately 84% of inter-state transmission capacity.
8JSW Energy divests 2.5 crore shares in JSW Steel for Rs. 3,150 crore in strategic liquidity release
JSW Energy Limited sold 2,50,00,000 equity shares of JSW Steel Limited via a bulk deal on the NSE on May 18, 2026, as part of a strategic capital release, realising gross proceeds of Rs. 3,150 crore. The company stated the divestment would improve its Return on Capital Employed and fund its growth strategy under a disciplined capital allocation approach. Post-transaction, JSW Energy's residual holding in JSW Steel stands at 4,50,38,350 equity shares, freeing up resources for the company's ongoing renewable and conventional capacity expansion programmes.
8GE Vernova T&D India to invest Rs. 550 million in new Vallam plant for disconnectors and 362 kV circuit breakers
GE Vernova T&D India Limited's Board of Directors approved an investment of Rs. 550 million on May 18, 2026 to create new manufacturing capacity for Disconnectors and Drives for 362 kV Dead Tank Circuit Breakers at a new facility in Vallam, Tamil Nadu. The company currently has nil capacity in these products; the new facility will serve both domestic and international markets. The first production rollout is expected tentatively by December 2026, funded through internal accruals as the company expands its high-voltage equipment footprint.
EARNINGS CALL & ANALYST MEET
8POWERGRID investor meet in Mumbai shows Rs. 3 lakh crore+ gross fixed assets and 1,84,960 ckm network
Power Grid Corporation of India Limited presented its FY 2025-26 results at an Analysts' and Institutional Investors' Meet on 18th May 2026 in Mumbai, reporting gross fixed assets exceeding Rs. 3 lakh crore on a consolidated basis, a transmission network of 1,84,960 circuit kilometres, transformation capacity of 6,24,016 MVA, 291 substations, and 1,01,180 MW inter-regional capacity representing approximately 84% of India's total inter-regional transfer capacity. The company commissioned the world's first 765 kV digital substation.
8KPI Green Energy Q4 FY26 earnings call cites robust revenue, EBITDA, PAT growth across IPP/CPP segments
KPI Green Energy Limited released the transcript of its Q4 FY26 earnings conference call held on May 12, 2026, hosted by Share India Securities. The management team, including Whole-Time Director Sohil Dabhoya, Group CEO Dr. Alok Das, and CFO Salim Yahoo, described FY 2025-26 as another strong and excellent year with robust growth in revenue, EBITDA, PAT, and cash profit across the company's renewable energy and IPP/CPP portfolio. Management confirmed participation in YES Securities India Manthan 2026 conference on May 21.
8Solar Industries India Q4 FY26 call transcript released; CEO Manish Nuwal highlights strong numbers
Solar Industries India Limited released the transcript of its Q4 FY26 earnings conference call held on May 15, 2026, hosted by Motilal Oswal Financial Services. The call featured CEO and MD Manish Nuwal, Executive Directors Suresh Menon and Milind Deshmukh, and Joint CFOs Moneesh Agrawal and Shalinee Mandhana, who presented the company's audited results for the quarter and year ended March 31, 2026. The transcript discusses operational performance, capex outlook and segment-wise commentary.
8K.P. Energy Q4 FY26 earnings call shows strong wind EPC numbers; investor confidence reaffirmed
K.P. Energy Limited held its Q4 FY26 earnings conference call on May 12, 2026, with management, including Whole Time Director Affan Faruk Patel, Group CEO Dr. Alok Das, Group CFO Salim Yahoo, and CFO Shabana Belim, presenting the audited standalone and consolidated results for the quarter and year ended March 31, 2026. The call, hosted by Share India Securities, was prefaced by moderator Harsh Patel congratulating the company's management on a strong set of financial numbers for the wind energy EPC firm.
8KEC International releases audio recording of Q4 FY26 earnings call held on 18 May
KEC International Limited informed stock exchanges that the audio recording of its Q4 FY26 earnings conference call, held on May 18, 2026 at 10:00 a.m. IST, has been made available on the company's website. The call discussed the audited financial results for the quarter and year ended March 31, 2026. KEC International is a global infrastructure EPC company in the RPG Group, specializing in power transmission, railways, civil, urban infrastructure, and solar segments with operations across multiple countries.
8KP Green Engineering H2 FY26 call discusses record performance under wind EPC vertical
KP Green Engineering Limited held its H2 FY26 earnings conference call on May 13, 2026, covering audited financial results for the half-year and year ended March 31, 2026. The management team, including Whole-Time Director Moinul Kadva, Group CEO Dr. Alok Das, Group CFO Salim Yahoo, and Chief Accounts Officer Ashfak Khan, presented strong performance numbers to analysts and investors hosted by Share India Securities Limited. The discussions covered operational milestones and growth pipeline visibility.
CREDIT RATING & ANALYST REPORT
8ICRA reaffirms NTPC's AAA rating; enhances commercial paper limit to Rs. 20,000 crore
ICRA reaffirmed the ICRA AAA (Stable) rating of NTPC Limited across instruments worth Rs. 2,50,855 crore, including long-term fund-based term loans of Rs. 1,20,000 crore, bonds of Rs. 61,855 crore, and working capital facilities of Rs. 40,000 crore, while enhancing and reaffirming NTPC's commercial paper rating (ICRA A1+) to an enhanced limit of Rs. 20,000 crore from Rs. 10,000 crore. NTPC accounts for approximately 17% of India's installed power capacity and 22% of generation as of March 2026.
8Ayana Kadapa's 250 MW solar plant rating upgraded to CARE AA-; DSCR improves to 1.27x
CareEdge Ratings upgraded the ratings of Ayana Kadapa Renewable Power Private Limited (AKRP) to CARE AA-; Stable for long-term bank facilities worth Rs. 987 crore, from CARE A+; Stable previously. The upgrade follows the early commissioning of the company's 250 MW AC solar plant in Andhra Pradesh on February 28, 2026, a day ahead of the scheduled COD, and improvement in the debt service coverage ratio (DSCR) to a forward-looking 1.27x from the earlier estimate of 1.22x. The project holds a 25-year PPA with SECI at Rs. 2.71 per unit.
8ACME Solar subsidiary APUPL gets ICRA A-(Stable) rating for Rs. 800 crore term loan
ICRA Limited assigned an ICRA A-(Stable) rating to the Rs. 800 crore long-term fund-based term loan of ACME Platinum Urja Private Limited (APUPL), a wholly owned subsidiary of ACME Solar Holdings Limited. APUPL is developing solar-plus-battery storage projects in two phases with contracted capacities of 150 MW (Phase-1) and 200 MW (Phase-2), backed by 25-year PPAs with SECI at a fixed tariff of Rs. 3.42 per unit. The cumulative DSCR on external debt is estimated above 1.25x across the loan tenure.
8ICICI Securities upgrades POWERGRID target to Rs. 360 with BUY rating on 22% upside view
ICICI Securities issued a BUY recommendation on Power Grid Corporation of India with a target price of Rs. 360 (22% upside from CMP Rs. 296), citing a strong transmission capex cycle with works-in-hand of approximately Rs. 1.70 lakh crore and a bidding pipeline exceeding Rs. 1.1 lakh crore. For FY26, POWERGRID's standalone PAT rose 3.7% YoY to Rs. 15,921 crore on revenue of Rs. 40,904 crore. The company exceeded both capex (Rs. 39,967 crore vs Rs. 35,000 crore guidance) and capitalisation targets for FY26.
8CareEdge retains Prasur Electricals at CARE B-/A4 under Non-Cooperating Category; Rs. 14 crore rated
CareEdge Ratings (CARE Ratings Limited) has maintained the ratings of Prasur Electricals and Engineering Company (PEEC) under the Issuer Not Cooperating (INC) category, with long-term bank facilities of Rs. 4.38 crore rated at CARE B-; Stable and short-term bank facilities of Rs. 9.75 crore at CARE A4. PEEC, a Kolkata-based partnership firm established in 1993 engaged in civil and electrical construction across West Bengal, Andaman, and other states, has failed to provide monitoring information despite repeated requests since March 2025.
8Jay Bee Laminations gets PGCIL approval for 765 kV CRGO cores; capacity at 23,340 MTPA in FY26
Jay Bee Laminations Limited, a manufacturer of CRGO silicon steel cores and transformers with three units in Noida and Greater Noida, shared its H2 and FY26 investor presentation highlighting current installed capacity of 23,340 MTPA for CRGO products and 1,000 MVA for transformers. The company received PGCIL approval for 765 kV class CRGO cores in 2026 and holds NABL accreditation. Founded in 1988, the company has exported to over 10 countries and crossed an annual revenue of Rs. 200 crore in FY24. Details
8GE Vernova T&D India posts record Rs. 62.1 bn FY26 revenue; PAT doubles to Rs. 12.3 bn
GE Vernova T&D India Limited reported a stellar FY 2025-26 with revenue surging 45% YoY to Rs. 62.1 billion, while PAT more than doubled to Rs. 12.3 billion, up 103% YoY. Order bookings for the full year stood at Rs. 147.8 billion, a 37% jump over the previous year. In Q4 FY26 alone, the company clocked Rs. 16.4 billion in revenue, up 42% YoY, and secured a landmark order from Adani Energy Solutions for a 2.5-GW HVDC VSC terminal station for the Khavda-South Olpad renewable power corridor.
8Triveni Turbine reports record FY26 revenue of Rs. 21.81 bn; Q4 revenue up 26.3% YoY at Rs. 6.80 bn
Triveni Turbine Limited reported its highest-ever annual revenue of Rs. 21.81 billion for FY 2025-26, a 9% YoY rise, with exports contributing 58% of the total and growing 30.1% YoY. In Q4 FY26, the company achieved its highest-ever quarterly revenue of Rs. 6.80 billion, up 26.3% YoY, driven by a 45.8% surge in export revenue and a 174.1% spike in export order bookings. Q4 order booking stood at Rs. 7.47 billion, up 19% YoY. EBITDA for Q4 was Rs. 1.44 billion with a margin of 21.2%, while full-year PAT stood at Rs. 3.49 billion.
8JSW Energy clocks record FY26 EBITDA of Rs. 11,041 crore; installed capacity rises 2.6 GW to 13.45 GW
JSW Energy Limited held its Q4 FY26 earnings conference call on May 11, 2026, reporting record annual EBITDA of Rs. 11,041 crore for FY26, with installed capacity growing by 2.6 GW to 13.45 GW and generation rising 58% YoY. Joint MD and CEO Sharad Mahendra noted that India's total power demand grew only 0.9% in FY26, the lowest in five years, due to an extended monsoon, though Q4 saw a recovery. The company said FY26 was pivotal in translating its Strategy 3.0 ambitions into concrete business outcomes.
8POWERGRID FY26 PAT rises 3.7% to Rs. 15,921 crore; Q4 PAT up 5% YoY at Rs. 4,553 crore
Power Grid Corporation of India Limited reported standalone PAT of Rs. 15,921 crore for FY26, a 3.7% YoY rise, on revenue of Rs. 40,904 crore. Q4 FY26 PAT grew 5% YoY to Rs. 4,553 crore. The state-owned transmission giant exceeded its FY26 capex guidance by delivering Rs. 39,967 crore against a target of Rs. 35,000 crore. Works-in-hand pipeline stood at approximately Rs. 1.70 lakh crore with a bidding pipeline exceeding Rs. 1.1 lakh crore, while system availability stood at 99.84%.
8POWERGRID posts Rs. 46,995.88 crore total income for FY26; Q4 standalone income at Rs. 11,954.70 crore
Power Grid Corporation of India Limited published its audited financial results for FY ended 31st March 2026 under Regulations 30 and 47 of SEBI LODR Regulations, 2015. Standalone total income stood at Rs. 46,995.88 crore for the full year, compared to Rs. 46,325.32 crore in FY 2024-25, while quarterly income for Q4 FY 2025-26 was Rs. 11,954.70 crore. Results were communicated to both NSE and BSE on 16th May 2026 by Company Secretary Satyaprakash Dash.
8NTPC's Patratu Unit-2 (800 MW) completes trial run; NTPC Group capacity rises to 90,668 MW
NTPC Limited announced successful completion of trial operation of Unit-2 (800 MW) of Patratu Vidyut Utpadan Nigam Limited (PVUNL), a subsidiary operating in Jharkhand. With this addition, the total installed capacity of the NTPC Group reaches 90,668 MW. The unit has been formally included in NTPC's installed capacity following achievement of approved norms and due approvals, reinforcing NTPC's leading position as India's largest power generator with approximately 17% of India's installed capacity and 22% of generation as of March 2026.
ANNUAL RESULTS
8NHPC board approves audited financial results for FY 2025-26; investor presentation uploaded
NHPC Limited's Board of Directors, at its meeting on May 15, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company has uploaded an investor presentation on its official website. NHPC, India's premier hydropower public sector enterprise classified as a Navratna CPSE, generates green energy from its hydroelectric stations across the country and forms a strategic pillar of India's clean-power generation portfolio supporting national renewable energy transition targets.
8IREDA reports 71.76% growth in green energy financing disbursements in Q4 FY26
Indian Renewable Energy Development Agency Limited (IREDA), a Navratna CPSE under MNRE, released its Akshay Kranti newsletter for January-March 2026 (Q4 FY26), highlighting 71.76% growth in green energy financing disbursements. The agency noted strong performance across solar, wind, hydro, and biomass sectors, supporting India's push to scale up renewable energy capacity toward its national energy transition goals targeting 500 GW non-fossil capacity by 2030.
DIVIDEND & BOARD DECISIONS
8GE Vernova T&D India recommends Rs. 10/share final dividend for FY26; reappoints Sushil Kumar as WTD & CFO
GE Vernova T&D India Limited's Board, at its May 18, 2026 meeting, approved audited financial results for Q4 and FY 2025-26 and recommended a final dividend of Rs. 10 per equity share (500% of face value of Rs. 2), subject to shareholder approval. The board reappointed Deloitte Haskins & Sells as statutory auditors for five years, appointed M/s Ramanath Iyer & Co. as cost auditors for FY 2026-27, and reappointed Mr. Sushil Kumar as Whole Time Director and CFO for five years effective January 1, 2027.
8Triveni Turbine recommends Rs. 2/share final dividend for FY26; approves two independent director reappointments
Triveni Turbine Limited's Board of Directors at its May 18, 2026 meeting approved audited standalone and consolidated financial results for Q4 and FY 2025-26 and recommended a final dividend of Rs. 2 per equity share (200% of face value of Rs. 1) for FY 2025-26, subject to shareholder approval at the AGM on September 9, 2026. The Board also approved the reappointment of Mr. Vijay Kumar Thadani till December 14, 2031 and Mr. Vipin Sondhi till March 16, 2032 as Independent Directors for second terms of five years each.
8POWERGRID elevates three Chief General Managers Jiten Das, Rajiv Gandhi, Sanjay Kumar Gupta to Executive Director
Power Grid Corporation of India Limited disclosed to NSE and BSE on 16th May 2026 that Shri Jiten Das, Shri Rajiv Gandhi, and Shri Sanjay Kumar Gupta, all serving as Chief General Managers, have been promoted to the position of Executive Director (ED), marking a significant change in senior management. The disclosure was made under Regulation 30 of SEBI LODR Regulations, 2015 by Company Secretary Satyaprakash Dash. The promotions strengthen POWERGRID's leadership bench as the company manages approximately 84% of inter-state transmission capacity.
8JSW Energy divests 2.5 crore shares in JSW Steel for Rs. 3,150 crore in strategic liquidity release
JSW Energy Limited sold 2,50,00,000 equity shares of JSW Steel Limited via a bulk deal on the NSE on May 18, 2026, as part of a strategic capital release, realising gross proceeds of Rs. 3,150 crore. The company stated the divestment would improve its Return on Capital Employed and fund its growth strategy under a disciplined capital allocation approach. Post-transaction, JSW Energy's residual holding in JSW Steel stands at 4,50,38,350 equity shares, freeing up resources for the company's ongoing renewable and conventional capacity expansion programmes.
8GE Vernova T&D India to invest Rs. 550 million in new Vallam plant for disconnectors and 362 kV circuit breakers
GE Vernova T&D India Limited's Board of Directors approved an investment of Rs. 550 million on May 18, 2026 to create new manufacturing capacity for Disconnectors and Drives for 362 kV Dead Tank Circuit Breakers at a new facility in Vallam, Tamil Nadu. The company currently has nil capacity in these products; the new facility will serve both domestic and international markets. The first production rollout is expected tentatively by December 2026, funded through internal accruals as the company expands its high-voltage equipment footprint.
EARNINGS CALL & ANALYST MEET
8POWERGRID investor meet in Mumbai shows Rs. 3 lakh crore+ gross fixed assets and 1,84,960 ckm network
Power Grid Corporation of India Limited presented its FY 2025-26 results at an Analysts' and Institutional Investors' Meet on 18th May 2026 in Mumbai, reporting gross fixed assets exceeding Rs. 3 lakh crore on a consolidated basis, a transmission network of 1,84,960 circuit kilometres, transformation capacity of 6,24,016 MVA, 291 substations, and 1,01,180 MW inter-regional capacity representing approximately 84% of India's total inter-regional transfer capacity. The company commissioned the world's first 765 kV digital substation.
8KPI Green Energy Q4 FY26 earnings call cites robust revenue, EBITDA, PAT growth across IPP/CPP segments
KPI Green Energy Limited released the transcript of its Q4 FY26 earnings conference call held on May 12, 2026, hosted by Share India Securities. The management team, including Whole-Time Director Sohil Dabhoya, Group CEO Dr. Alok Das, and CFO Salim Yahoo, described FY 2025-26 as another strong and excellent year with robust growth in revenue, EBITDA, PAT, and cash profit across the company's renewable energy and IPP/CPP portfolio. Management confirmed participation in YES Securities India Manthan 2026 conference on May 21.
8Solar Industries India Q4 FY26 call transcript released; CEO Manish Nuwal highlights strong numbers
Solar Industries India Limited released the transcript of its Q4 FY26 earnings conference call held on May 15, 2026, hosted by Motilal Oswal Financial Services. The call featured CEO and MD Manish Nuwal, Executive Directors Suresh Menon and Milind Deshmukh, and Joint CFOs Moneesh Agrawal and Shalinee Mandhana, who presented the company's audited results for the quarter and year ended March 31, 2026. The transcript discusses operational performance, capex outlook and segment-wise commentary.
8K.P. Energy Q4 FY26 earnings call shows strong wind EPC numbers; investor confidence reaffirmed
K.P. Energy Limited held its Q4 FY26 earnings conference call on May 12, 2026, with management, including Whole Time Director Affan Faruk Patel, Group CEO Dr. Alok Das, Group CFO Salim Yahoo, and CFO Shabana Belim, presenting the audited standalone and consolidated results for the quarter and year ended March 31, 2026. The call, hosted by Share India Securities, was prefaced by moderator Harsh Patel congratulating the company's management on a strong set of financial numbers for the wind energy EPC firm.
8KEC International releases audio recording of Q4 FY26 earnings call held on 18 May
KEC International Limited informed stock exchanges that the audio recording of its Q4 FY26 earnings conference call, held on May 18, 2026 at 10:00 a.m. IST, has been made available on the company's website. The call discussed the audited financial results for the quarter and year ended March 31, 2026. KEC International is a global infrastructure EPC company in the RPG Group, specializing in power transmission, railways, civil, urban infrastructure, and solar segments with operations across multiple countries.
8KP Green Engineering H2 FY26 call discusses record performance under wind EPC vertical
KP Green Engineering Limited held its H2 FY26 earnings conference call on May 13, 2026, covering audited financial results for the half-year and year ended March 31, 2026. The management team, including Whole-Time Director Moinul Kadva, Group CEO Dr. Alok Das, Group CFO Salim Yahoo, and Chief Accounts Officer Ashfak Khan, presented strong performance numbers to analysts and investors hosted by Share India Securities Limited. The discussions covered operational milestones and growth pipeline visibility.
CREDIT RATING & ANALYST REPORT
8ICRA reaffirms NTPC's AAA rating; enhances commercial paper limit to Rs. 20,000 crore
ICRA reaffirmed the ICRA AAA (Stable) rating of NTPC Limited across instruments worth Rs. 2,50,855 crore, including long-term fund-based term loans of Rs. 1,20,000 crore, bonds of Rs. 61,855 crore, and working capital facilities of Rs. 40,000 crore, while enhancing and reaffirming NTPC's commercial paper rating (ICRA A1+) to an enhanced limit of Rs. 20,000 crore from Rs. 10,000 crore. NTPC accounts for approximately 17% of India's installed power capacity and 22% of generation as of March 2026.
8Ayana Kadapa's 250 MW solar plant rating upgraded to CARE AA-; DSCR improves to 1.27x
CareEdge Ratings upgraded the ratings of Ayana Kadapa Renewable Power Private Limited (AKRP) to CARE AA-; Stable for long-term bank facilities worth Rs. 987 crore, from CARE A+; Stable previously. The upgrade follows the early commissioning of the company's 250 MW AC solar plant in Andhra Pradesh on February 28, 2026, a day ahead of the scheduled COD, and improvement in the debt service coverage ratio (DSCR) to a forward-looking 1.27x from the earlier estimate of 1.22x. The project holds a 25-year PPA with SECI at Rs. 2.71 per unit.
8ACME Solar subsidiary APUPL gets ICRA A-(Stable) rating for Rs. 800 crore term loan
ICRA Limited assigned an ICRA A-(Stable) rating to the Rs. 800 crore long-term fund-based term loan of ACME Platinum Urja Private Limited (APUPL), a wholly owned subsidiary of ACME Solar Holdings Limited. APUPL is developing solar-plus-battery storage projects in two phases with contracted capacities of 150 MW (Phase-1) and 200 MW (Phase-2), backed by 25-year PPAs with SECI at a fixed tariff of Rs. 3.42 per unit. The cumulative DSCR on external debt is estimated above 1.25x across the loan tenure.
8ICICI Securities upgrades POWERGRID target to Rs. 360 with BUY rating on 22% upside view
ICICI Securities issued a BUY recommendation on Power Grid Corporation of India with a target price of Rs. 360 (22% upside from CMP Rs. 296), citing a strong transmission capex cycle with works-in-hand of approximately Rs. 1.70 lakh crore and a bidding pipeline exceeding Rs. 1.1 lakh crore. For FY26, POWERGRID's standalone PAT rose 3.7% YoY to Rs. 15,921 crore on revenue of Rs. 40,904 crore. The company exceeded both capex (Rs. 39,967 crore vs Rs. 35,000 crore guidance) and capitalisation targets for FY26.
8CareEdge retains Prasur Electricals at CARE B-/A4 under Non-Cooperating Category; Rs. 14 crore rated
CareEdge Ratings (CARE Ratings Limited) has maintained the ratings of Prasur Electricals and Engineering Company (PEEC) under the Issuer Not Cooperating (INC) category, with long-term bank facilities of Rs. 4.38 crore rated at CARE B-; Stable and short-term bank facilities of Rs. 9.75 crore at CARE A4. PEEC, a Kolkata-based partnership firm established in 1993 engaged in civil and electrical construction across West Bengal, Andaman, and other states, has failed to provide monitoring information despite repeated requests since March 2025.
8Jay Bee Laminations gets PGCIL approval for 765 kV CRGO cores; capacity at 23,340 MTPA in FY26
Jay Bee Laminations Limited, a manufacturer of CRGO silicon steel cores and transformers with three units in Noida and Greater Noida, shared its H2 and FY26 investor presentation highlighting current installed capacity of 23,340 MTPA for CRGO products and 1,000 MVA for transformers. The company received PGCIL approval for 765 kV class CRGO cores in 2026 and holds NABL accreditation. Founded in 1988, the company has exported to over 10 countries and crossed an annual revenue of Rs. 200 crore in FY24. Details
Daily Power Sector Tenders Excel update
May 19:
8Daily Excel covering new tenders and all published updates including corrigendum, amendment, addendum, clarification and status revisions, along with technical and financial bid opening, evaluation completion and final award actions including AOC and LOA issuance.
Click on Reports for more Details
Click on Reports for more Details
Download tenders and news clips
May 19:
For reference purposes the website carries here the following tenders:
8Tender for supply of 11 kV and 33 kV jointing kits of different sizes Details
8Tender for works for providing small and large new electricity connections Details
8Tender for repairing and maintenance work of H.T. L.T. lines Details
8Tender for repairing and maintenance work of H.T. L.T. lines and transformers etc. Details
8Tender for erection of electricity lines Details
8Tender for supply of 36kV copper XLPE power cable Details
8Tender for procurement of cast basalt pipe Details
8Tender for empanelment of contractors to award a contract for survey,33/11kV different capacity Details
8Tender for grouting and leakage channelisation work Details
8Tender for construction of HT line Details
8Tender for supply of three phase channel cross arm Details
8Tender for rebabbitting of journal bearing No 1 2 for 210MW KWU turbine Details
8Tender for biennial rate contract for works of online, preventive and breakdown maintenance of coal mills XRP-1003 and its associated auxiliaries Details
8Tender for fabrication dismantling erection strengthening modification of various chutes hoppers wagon tipplers belt conveyors crusher houses Details
8Tender for work of complete overhauling / breakdown maintenance of C.W pumps Details
8Tender for complete cleaning of ETP sump Details
8Tender for work of inspection & repairing of parting plate and tube leakage checking & attending of HP heaters Details
8Tender for AMC of TG and its aux. of unit Details
8Tender for construction of existing completely damaged at 66 kV S/Stn Details
8Tender for construction of front portion of repair of existing at 66kV S/Stn. Details
8Tender for augmentation of 66 kV substation Details
8Tender for providing additional 12.5/16 MVA, 66/11kV transformer Details
8Tender for construction of transformer plinth, tower foundations Details
8Tender for protection work of right bank Details
8Tender for services of emergency flood warning system Details
8Tender for protection work Details
8Tender for diversion of forest land for (15 MW) including Details
8Tender for procurement 22kV vertical type air break switches Details
8Tender for supply of 30kV 10KA lighting arrestor station Details
8Tender for repair to protection works downstream Details
8Tender for supply of strong acid cation resin Details
8Tender for supply of twin oil cooler for support bearing and main reducer lube oil system Details
8Tender for supply of chequered plate size 6mm Details
8Tender for repairing/ reconditioning/ overhauling of BFP cartridge assembly Details
8Tender for supply of screw conveyor assy., helix and hot air box for ball tube mills Details
8Tender for lumpsum amount on account of any exigency in maintaining project infrastructure/ water conductor Details
8Tender for protection of power house Details
8Tender for stage contract for executing the unforeseen repairs of the water conductor Details
8Tender for supply of ISI marked ACSR panther conductor Details
8Tender for supply of 30 V, 80 AH battery charging unit Details
8Tender for supply of 33 kV 1250 Amp outdoor type VCB with CT PT and CRP Details
8Tender for supply of 33 kV 3 pin type AB switch 630 Amp Details
8Tender for supply and AMC of battery operated platform trolley to various Details
8Tender for contract for coal sampling supervision witnessing Details
8Tender for operation, maintenance of 33/11 kV line, associated Details
8Tender for procurement of 50 sets of 11kV standalone complete set Details
8Tender for construction of new control room at 66kV S/Stn Details
8Tender for resurfacing of road inside substation, extension of road to 11kV yard Details
8Tender for operation and maintenance of fire protection system and operation of water supply pumps installed Details
8Tender for biennial service contract for cleaning and disposal of mill rejects Details
8Tender for exeuction of various structural Details
8Tender for procurement of conveyor-belt of different specifications required Details
8Tender for procurement of spares for boiler feed pump Details
8Tender for procurement of bottom ash and wet ash spares for overhauling Details
8Tender for annual maintenance contract of telephone exchange, telephone set and line Details
8Tender for service contract for miscellaneous maintenance job Details
8Tender for biennial civil maintenance and DI/CI/GI transmission and distribution water pipe line maintenance work Details
8Tender for annual rate contract for rotation and replacement of 300 NB MS ash slurry disposal line Details
8Tender for AMC of electrical maintenance of AHP, ESP, chimney and associated Details
8Tender for annual maintenance and technical services along with posting of personnel for maintenance, collection and monitoring Details
8Tender for O&M of 2x2 MW turbo generator sets and their auxiliaries Details
8Tender for laying of 11 kV ACS AL-59 Sqmm from 33/11 kV S/s Details
8Tender for supply of different ratio 11kV epoxy resin cast dry type C.T. accuracy class 0.2S. Details
8Tender for purchasing material used in replacement of defective parts Details
8Tender for purchasing material used in replacement of defective parts, repairing, testing and monthly maintanance of 11 kV breakers installed Details
8Tender for modification of existing single sealing 12 sectors rotary air pre heater Details
8Tender for supply of M.S bolt and nut 65x16 mm M.S bolt and nut Details
8Tender for running contract for loading / unloading of materials Details
8Tender for supply of 200 NB MS ERW pipe for fire protection system Details
8Tender for supply of miscellaneous and consumable items Details
8Tender for work of bottom ash hopper restrengthening and repairing in boilers Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Motilal Oswal sector of the week: Power; Acme Solar, JSW Energy top bets Details
8Sunstream Green Secures Rs. 700 Crore Refinancing For 250 MW+ Maharashtra Solar Portfolio Details
8June 2026 DCR Move Raises Questions Around Rooftop Solar Costs, Supply Details
8Infra Stock in Focus After Securing Rs 469 Crore Solar Project Order From Adani Group Details
8SLR Solar Launches 800-MW TOPCon Solar Module Manufacturing Facility in Rajasthan, Plans Expansion to 3 GW Details
8The Rise Of Integrated Solar Tech Ecosystems In India Details
8Green Energy And Utility Stocks See Broad Consolidation Amid Mixed Market Closing Details
8Bondada Engineering Secures Rs 469.52 Crore Orders from Adani Group Details
8Pace Digitek Limited Wins ?7.1 Billion Contract for 250 MW / 500 MWh BESS Project in Tamil Nadu Details
8KP Group Launches ‘India Ka Asli Power Play’ Campaign Details
8BEL, ELGI, JSW Energy: Technical Buys Face Valuation Test Details
8Avaada Group Crosses 17.7 GWp Renewable Energy Capacity Milestone Details
8India’s Leading Power Generation Company Sells 2.5 Crore Shares of JSW Steel Through Bulk Deal Details
8India Explores Private Investment Opportunities in Nuclear Sector with US Industry Delegation Details
8Punjab Govt Launches Underground Power Supply Project to Modernize Electricity Infrastructure Details
8India's SHANTI Act: Private Sector Entry Fuels Nuclear Growth Details
8Shehla Sadaf, Chief General Manager (Projects), Power Finance Corporation Limited Details
8PTC India appoints NHPC's Umesh Kumar Nand as Director Details
8NTPC Chairman Calls for Self-Reliant Nuclear Expansion as India Targets 100 GW Capacity by 2047 Details
8Top 6 Stocks to Watch as US Nuclear Delegation Visits India to Explore Opportunities Details
8CEA Finalizes Standard Transformer Specifications To Improve Power Distribution Efficiency Across India Details
8NTPC Chief cautions against dependence on single supplier for nuclear technology Details
8PFC board clears REC merger proposal, to seek President's approval for REC absorption Details
8NTPC Surpasses 90 GW Capacity with Latest Unit in Patratu Details
8JPPOWER.NS Stock Surges 6.7% as Power Demand Lifts Utilities Sector Details
8Bhagwant Mann: State Aims to Become First in India With Large-Scale Underground Electricity Network Details
You can also click on Newsclips for more Details
8Tender for supply of 11 kV and 33 kV jointing kits of different sizes Details
8Tender for works for providing small and large new electricity connections Details
8Tender for repairing and maintenance work of H.T. L.T. lines Details
8Tender for repairing and maintenance work of H.T. L.T. lines and transformers etc. Details
8Tender for erection of electricity lines Details
8Tender for supply of 36kV copper XLPE power cable Details
8Tender for procurement of cast basalt pipe Details
8Tender for empanelment of contractors to award a contract for survey,33/11kV different capacity Details
8Tender for grouting and leakage channelisation work Details
8Tender for construction of HT line Details
8Tender for supply of three phase channel cross arm Details
8Tender for rebabbitting of journal bearing No 1 2 for 210MW KWU turbine Details
8Tender for biennial rate contract for works of online, preventive and breakdown maintenance of coal mills XRP-1003 and its associated auxiliaries Details
8Tender for fabrication dismantling erection strengthening modification of various chutes hoppers wagon tipplers belt conveyors crusher houses Details
8Tender for work of complete overhauling / breakdown maintenance of C.W pumps Details
8Tender for complete cleaning of ETP sump Details
8Tender for work of inspection & repairing of parting plate and tube leakage checking & attending of HP heaters Details
8Tender for AMC of TG and its aux. of unit Details
8Tender for construction of existing completely damaged at 66 kV S/Stn Details
8Tender for construction of front portion of repair of existing at 66kV S/Stn. Details
8Tender for augmentation of 66 kV substation Details
8Tender for providing additional 12.5/16 MVA, 66/11kV transformer Details
8Tender for construction of transformer plinth, tower foundations Details
8Tender for protection work of right bank Details
8Tender for services of emergency flood warning system Details
8Tender for protection work Details
8Tender for diversion of forest land for (15 MW) including Details
8Tender for procurement 22kV vertical type air break switches Details
8Tender for supply of 30kV 10KA lighting arrestor station Details
8Tender for repair to protection works downstream Details
8Tender for supply of strong acid cation resin Details
8Tender for supply of twin oil cooler for support bearing and main reducer lube oil system Details
8Tender for supply of chequered plate size 6mm Details
8Tender for repairing/ reconditioning/ overhauling of BFP cartridge assembly Details
8Tender for supply of screw conveyor assy., helix and hot air box for ball tube mills Details
8Tender for lumpsum amount on account of any exigency in maintaining project infrastructure/ water conductor Details
8Tender for protection of power house Details
8Tender for stage contract for executing the unforeseen repairs of the water conductor Details
8Tender for supply of ISI marked ACSR panther conductor Details
8Tender for supply of 30 V, 80 AH battery charging unit Details
8Tender for supply of 33 kV 1250 Amp outdoor type VCB with CT PT and CRP Details
8Tender for supply of 33 kV 3 pin type AB switch 630 Amp Details
8Tender for supply and AMC of battery operated platform trolley to various Details
8Tender for contract for coal sampling supervision witnessing Details
8Tender for operation, maintenance of 33/11 kV line, associated Details
8Tender for procurement of 50 sets of 11kV standalone complete set Details
8Tender for construction of new control room at 66kV S/Stn Details
8Tender for resurfacing of road inside substation, extension of road to 11kV yard Details
8Tender for operation and maintenance of fire protection system and operation of water supply pumps installed Details
8Tender for biennial service contract for cleaning and disposal of mill rejects Details
8Tender for exeuction of various structural Details
8Tender for procurement of conveyor-belt of different specifications required Details
8Tender for procurement of spares for boiler feed pump Details
8Tender for procurement of bottom ash and wet ash spares for overhauling Details
8Tender for annual maintenance contract of telephone exchange, telephone set and line Details
8Tender for service contract for miscellaneous maintenance job Details
8Tender for biennial civil maintenance and DI/CI/GI transmission and distribution water pipe line maintenance work Details
8Tender for annual rate contract for rotation and replacement of 300 NB MS ash slurry disposal line Details
8Tender for AMC of electrical maintenance of AHP, ESP, chimney and associated Details
8Tender for annual maintenance and technical services along with posting of personnel for maintenance, collection and monitoring Details
8Tender for O&M of 2x2 MW turbo generator sets and their auxiliaries Details
8Tender for laying of 11 kV ACS AL-59 Sqmm from 33/11 kV S/s Details
8Tender for supply of different ratio 11kV epoxy resin cast dry type C.T. accuracy class 0.2S. Details
8Tender for purchasing material used in replacement of defective parts Details
8Tender for purchasing material used in replacement of defective parts, repairing, testing and monthly maintanance of 11 kV breakers installed Details
8Tender for modification of existing single sealing 12 sectors rotary air pre heater Details
8Tender for supply of M.S bolt and nut 65x16 mm M.S bolt and nut Details
8Tender for running contract for loading / unloading of materials Details
8Tender for supply of 200 NB MS ERW pipe for fire protection system Details
8Tender for supply of miscellaneous and consumable items Details
8Tender for work of bottom ash hopper restrengthening and repairing in boilers Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Motilal Oswal sector of the week: Power; Acme Solar, JSW Energy top bets Details
8Sunstream Green Secures Rs. 700 Crore Refinancing For 250 MW+ Maharashtra Solar Portfolio Details
8June 2026 DCR Move Raises Questions Around Rooftop Solar Costs, Supply Details
8Infra Stock in Focus After Securing Rs 469 Crore Solar Project Order From Adani Group Details
8SLR Solar Launches 800-MW TOPCon Solar Module Manufacturing Facility in Rajasthan, Plans Expansion to 3 GW Details
8The Rise Of Integrated Solar Tech Ecosystems In India Details
8Green Energy And Utility Stocks See Broad Consolidation Amid Mixed Market Closing Details
8Bondada Engineering Secures Rs 469.52 Crore Orders from Adani Group Details
8Pace Digitek Limited Wins ?7.1 Billion Contract for 250 MW / 500 MWh BESS Project in Tamil Nadu Details
8KP Group Launches ‘India Ka Asli Power Play’ Campaign Details
8BEL, ELGI, JSW Energy: Technical Buys Face Valuation Test Details
8Avaada Group Crosses 17.7 GWp Renewable Energy Capacity Milestone Details
8India’s Leading Power Generation Company Sells 2.5 Crore Shares of JSW Steel Through Bulk Deal Details
8India Explores Private Investment Opportunities in Nuclear Sector with US Industry Delegation Details
8Punjab Govt Launches Underground Power Supply Project to Modernize Electricity Infrastructure Details
8India's SHANTI Act: Private Sector Entry Fuels Nuclear Growth Details
8Shehla Sadaf, Chief General Manager (Projects), Power Finance Corporation Limited Details
8PTC India appoints NHPC's Umesh Kumar Nand as Director Details
8NTPC Chairman Calls for Self-Reliant Nuclear Expansion as India Targets 100 GW Capacity by 2047 Details
8Top 6 Stocks to Watch as US Nuclear Delegation Visits India to Explore Opportunities Details
8CEA Finalizes Standard Transformer Specifications To Improve Power Distribution Efficiency Across India Details
8NTPC Chief cautions against dependence on single supplier for nuclear technology Details
8PFC board clears REC merger proposal, to seek President's approval for REC absorption Details
8NTPC Surpasses 90 GW Capacity with Latest Unit in Patratu Details
8JPPOWER.NS Stock Surges 6.7% as Power Demand Lifts Utilities Sector Details
8Bhagwant Mann: State Aims to Become First in India With Large-Scale Underground Electricity Network Details
You can also click on Newsclips for more Details
Uttarakhand BESS tenders complete technical evaluation
May 18:
8Capacity-charge storage tender signals changing risk allocation in utility-scale BESS procurement
A new battery energy storage procurement is highlighting how utilities are increasingly shifting long-term operational and performance accountability onto private developers rather than limiting contracts to asset installation alone. The structure appears to favour technically prepared participants capable of managing lifecycle execution and availability commitments under a capacity-charge framework.
836 MW/90 MWh BESS race narrows to three players after technical scrutiny
A distributed battery-storage procurement has moved into a tighter competitive phase after technical evaluation reduced the field to three qualified participants. Attention now shifts toward pricing discipline, degradation management, and long-term availability commitments under the storage framework.
8Rs 206 crore BESS cluster narrows to three bidders after technical screening
A utility-scale battery storage cluster has crossed the first major qualification stage, but the deeper contest now lies within the project’s risk structure. Revised site configurations, stringent availability obligations, and a reduced bidder field have materially altered the competitive landscape. Details
A new battery energy storage procurement is highlighting how utilities are increasingly shifting long-term operational and performance accountability onto private developers rather than limiting contracts to asset installation alone. The structure appears to favour technically prepared participants capable of managing lifecycle execution and availability commitments under a capacity-charge framework.
836 MW/90 MWh BESS race narrows to three players after technical scrutiny
A distributed battery-storage procurement has moved into a tighter competitive phase after technical evaluation reduced the field to three qualified participants. Attention now shifts toward pricing discipline, degradation management, and long-term availability commitments under the storage framework.
8Rs 206 crore BESS cluster narrows to three bidders after technical screening
A utility-scale battery storage cluster has crossed the first major qualification stage, but the deeper contest now lies within the project’s risk structure. Revised site configurations, stringent availability obligations, and a reduced bidder field have materially altered the competitive landscape. Details
Rs 1,035 crore mining award exposes widening pricing divide in excavation race
May 18:
8A sharply discounted lead offer has altered the pricing curve in a major mining-services award, highlighting increasingly divergent contractor views on execution exposure and operational risk.
8The spread among the top bidders reveals far more about market confidence and cost assumptions than the headline contract value alone. Details
8The spread among the top bidders reveals far more about market confidence and cost assumptions than the headline contract value alone. Details
Rs 1,396 crore mining award sees aggressive bid clustering as EPC rivalry intensifies
May 18:
8A tightly packed bid spread in a major outsourced mining package is revealing a deeper shift inside the coal excavation market. Infrastructure EPC firms are increasingly competing head-on with specialist mining contractors for large production-linked contracts.
Details
Rs 253 crore mining-services award highlights tightening competition in integrated excavation contracts
May 18:
8A large mining-services package has been awarded below the estimated project value, but the narrower pricing spread points to a far more disciplined competitive environment than headline numbers suggest.
8The contract combines overburden removal, coal extraction, and associated handling operations within a single execution framework. Details
8The contract combines overburden removal, coal extraction, and associated handling operations within a single execution framework. Details
Rs 121 crore reactor award shifts focus from pricing to execution capability
May 18:
8A high-voltage reactor procurement package has closed at Rs 121 crore, but the tighter signal lies in the complexity of execution rather than headline pricing.
8The scope extends beyond equipment supply into GIS integration, seismic compliance, and transmission-route interface exposure. Details
8The scope extends beyond equipment supply into GIS integration, seismic compliance, and transmission-route interface exposure. Details
Tripura smart-grid packages complete financial bidding
May 18:
8Rs 445 crore L1 emerges in underground smart-grid package after technical filter
A large urban underground distribution package has produced a tightly priced L1 outcome, while the broader bidder spread reveals differing contractor assessments of smart-grid integration complexity, municipal execution exposure, and underground cabling risks.
8Rs 763 crore smart-grid race exposes widening EPC risk divide in urban utility modernisation
A major smart-grid and underground distribution package has revealed sharply divergent EPC pricing strategies around integrated utility digitisation and execution exposure. While one bidder stayed relatively aligned with the owner’s estimate, another built substantial contingency loading into its commercial approach.
8Smart-grid package moves into financial stage after aggressive technical filtration
A major underground cabling and smart-grid package has significantly narrowed the bidder field ahead of financial opening, highlighting a qualification approach that appears to prioritise integrated infrastructure execution capability over conventional utility contracting depth. Details
A large urban underground distribution package has produced a tightly priced L1 outcome, while the broader bidder spread reveals differing contractor assessments of smart-grid integration complexity, municipal execution exposure, and underground cabling risks.
8Rs 763 crore smart-grid race exposes widening EPC risk divide in urban utility modernisation
A major smart-grid and underground distribution package has revealed sharply divergent EPC pricing strategies around integrated utility digitisation and execution exposure. While one bidder stayed relatively aligned with the owner’s estimate, another built substantial contingency loading into its commercial approach.
8Smart-grid package moves into financial stage after aggressive technical filtration
A major underground cabling and smart-grid package has significantly narrowed the bidder field ahead of financial opening, highlighting a qualification approach that appears to prioritise integrated infrastructure execution capability over conventional utility contracting depth. Details
NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES
May 18:
COAL PRODUCTION & OFFTAKE
8PSPCL Guru Gobind Singh Super Thermal Plant Rupnagar recycles 1,64,512 MT pond ash in March 2026; roads sector gets 1,17,395 MT
Punjab State Power Corporation Limited's Guru Gobind Singh Super Thermal Plant Rupnagar (840 MW) reported its ash utilisation data for March 2026: total ash generated was 70,313.30 MT (DFA 48,843.56 MT + Bottom Ash 21,469.74 MT), with grand total ash utilised at 1,64,512 MT from pond ash and 48,844 MT dry ESP fly ash. Cumulative FY 2025-26 utilisation reached 22,79,277 MT. Cement industries received 45,644 MT dry fly ash in March and 6,09,176.38 MT cumulatively in FY26, while road construction received 1,17,395 MT pond ash.
8GGSSTP Rupnagar records 60,321 MT ash generation in April 2026; cement industry receives 46,381 MT dry fly ash in FY27 opening month
PSPCL's Guru Gobind Singh Super Thermal Plant Rupnagar (840 MW) reported April 2026 ash generation of 60,321.19 MT total (DFA 49,881.82 MT + Bottom Ash 10,439.37 MT). Grand total utilisation for the month was 1,01,643.58 MT — cement industries received 46,381.58 MT dry fly ash and 10,030.16 MT pond ash, road construction received 62,944.42 MT pond ash, and bricks/blocks/tiles industries received 3,500.24 MT dry ash and 28,669 MT pond ash. Ash dyke pond availability stands at 81.53 lakh MT. Details
8PSPCL Guru Gobind Singh Super Thermal Plant Rupnagar recycles 1,64,512 MT pond ash in March 2026; roads sector gets 1,17,395 MT
Punjab State Power Corporation Limited's Guru Gobind Singh Super Thermal Plant Rupnagar (840 MW) reported its ash utilisation data for March 2026: total ash generated was 70,313.30 MT (DFA 48,843.56 MT + Bottom Ash 21,469.74 MT), with grand total ash utilised at 1,64,512 MT from pond ash and 48,844 MT dry ESP fly ash. Cumulative FY 2025-26 utilisation reached 22,79,277 MT. Cement industries received 45,644 MT dry fly ash in March and 6,09,176.38 MT cumulatively in FY26, while road construction received 1,17,395 MT pond ash.
8GGSSTP Rupnagar records 60,321 MT ash generation in April 2026; cement industry receives 46,381 MT dry fly ash in FY27 opening month
PSPCL's Guru Gobind Singh Super Thermal Plant Rupnagar (840 MW) reported April 2026 ash generation of 60,321.19 MT total (DFA 49,881.82 MT + Bottom Ash 10,439.37 MT). Grand total utilisation for the month was 1,01,643.58 MT — cement industries received 46,381.58 MT dry fly ash and 10,030.16 MT pond ash, road construction received 62,944.42 MT pond ash, and bricks/blocks/tiles industries received 3,500.24 MT dry ash and 28,669 MT pond ash. Ash dyke pond availability stands at 81.53 lakh MT. Details
NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY
May 18:
PEAK DEMAND & GRID FREQUENCY
8Grid-India NLDC reports all-India peak demand of 247,403 MW on May 15; RES contributes 17% of 5,897 MU gross generation
National Load Despatch Centre reported All-India peak demand of 247,403 MW at 15:30 hrs on May 15, 2026, with total energy met at 5,423 MU across five regions. The Northern Region alone served 73,813 MW during evening peak while Western Region led with 78,570 MW maximum demand. Coal dominated generation at 69% (4,063 MU), while renewables contributed 989 MU representing 16.76% of total gross generation. India exported 27.30 MU to Nepal and Bangladesh while importing 9.62 MU from Bhutan.
8Grid-India NLDC reports all-India peak demand met of 238,406 MW and energy met of 5,332 MU on May 17
Grid Controller of India's NLDC daily PSP report covered the all-India power system for May 17, 2026. Evening peak demand met across regions totalled 229,166 MW, while maximum demand met during the day reached 238,406 MW. Energy met was 5,332 MU, with hydro generation at 463 MU, wind at 234 MU and solar at 661 MU. All-India energy shortage was 3.30 MU, while peak shortage was 0 MW across all five regions, reflecting overall stable grid performance.
8Grid-India Eastern Region peaks at 32,373 MW on May 17; delivers 680.48 MU amid 0.76 MU deficit
Grid Controller of India reported that the Eastern Region met an evening peak demand of 30,287 MW on May 17, 2026 with zero shortage, while the region's maximum demand for the day reached 32,373 MW at 23:21 hours. Day energy consumption stood at 680.48 MU against a generation of 681.24 MU, leaving a marginal deficit of 0.76 MU, with Bihar recording its highest demand of 8,330 MW at 22:17 hours. West Bengal continued to lead state-wise consumption.
8Grid-India WRLDC serves 71,028 MW evening peak on May 16 with 1,746 MU day energy and zero shortage
Grid Controller of India's Western Regional Load Despatch Centre reported that the Western Region cleared a peak evening demand of 71,028 MW at 50.1 Hz and off-peak demand of 70,599 MW on May 16, 2026, with total day energy of 1,746.1 MU and zero shortage. Maharashtra led state-wise consumption at 686.5 MU, followed by Madhya Pradesh at 327.9 MU and Gujarat at 524.6 MU, while the region's net total generation reached 1,018.6 MU from thermal, hydro, gas, wind and solar combined.
8Grid-India NRLDC faces 255 MW evening peak shortage on May 15; day energy hits 1,600 MU as Northern Region serves 74,068 MW
Grid Controller of India's Northern Regional Load Despatch Centre reported a 255 MW shortage during the 20:00 evening peak on May 15, 2026 against a requirement of 74,068 MW, with day energy consumption reaching 1,600 MU. Uttar Pradesh was the largest state consumer at 542.18 MU, while Rajasthan generated 254.72 MU through its state plants. The overall Northern Region generation stood at 816.89 MU with an actual drawal of 783.51 MU against scheduled 796.92 MU.
8NLDC frequency report May 16: Average dips to 49.971 Hz; grid below 49.7 Hz for 2.16% — tightest deficit of week
Grid Controller of India's NLDC frequency report for May 16, 2026 reveals a notable deterioration from Friday's levels: average frequency fell to 49.971 Hz with FVI of 0.0855, and the grid dipped below 49.7 Hz for 2.16% of the day, the most significant under-frequency incidence of the reporting week. The grid operated outside the IEGC band of 49.9-50.05 Hz for 26.98% of the day. Instantaneous frequency touched 49.50 Hz during some periods, indicating demand-supply stress.
8Grid-India SRLDC: Southern Region meets 55,985 MW peak demand on May 15 — zero shortage reported across all six states
Grid Controller of India Limited's Southern Regional Load Despatch Centre recorded a flawless power supply day on May 15, 2026, with the evening peak demand of 55,985 MW fully met and the region's maximum demand touching 66,753 MW at 12:02 hrs. Tamil Nadu led with 18,485 MW peak demand while Kudankulam nuclear plant delivered 45.78 MU. Total renewable generation crossed 213 MU, wind contributing 83.64 MU and solar 129.3 MU, with no load curtailment reported across all six southern states.
OCC MEETINGS & OUTAGE PLANNING
8WRPC 602nd OCC minutes record March peak demand of 78,712 MW with zero western region shortfall and 6,816 MU export
Western Regional Power Committee held the 602nd OCC meeting on April 24, 2026 at NHPTL, Bina. For March 2026, WRPC recorded maximum regional demand of 78,712 MW and peak shortfall of 0 MW. Net actual energy supplied was 49,815 MU against a requirement of 49,824 MU, leaving only 9 MU shortfall. The western region exported 6,816 MU to other regions against a scheduled export of 7,155 MU, demonstrating strong regional generation surplus management during peak summer demand.
8WRPC 603rd OCC agenda flags April demand at 81,355 MW and 9,436 MU inter-regional export; meeting on May 22 in Mumbai
WRPC scheduled the 603rd OCC meeting for May 22, 2026 at 10:00 hrs in Mumbai. The April 2026 review shows western region maximum demand at 81,355 MW with 0 MW peak shortfall. Net actual energy supplied was 50,063 MU against a requirement of 50,084 MU, leaving 20 MU shortfall. The region exported 9,436 MU against a net export schedule of 9,708 MU. The agenda includes review of inter-regional flows, transmission outages and outage scheduling for the western grid.
8POWERGRID dominates 243rd OCC outage plan as 1,187 requests cover 765 kV, 400 kV and HVDC assets
The 243rd OCC approved outage programme features a large multi-utility shutdown schedule led by POWERGRID, NTPC, THDC, ATIL and BKTL. Key entries include THDC's 250 MW Tehri HPS Unit 4 annual maintenance from June 2 to June 26, 2026. POWERGRID's 765 kV Fatehpur-Sasaram and 400 kV Allahabad-Sasaram lines appear repeatedly for OPGW, PID, insulator and rectification works. The document also includes HVDC Mahindergarh Pole-1 and Pole-2 outages linked to 765 kV D/C KPS-2 Halvad crossing work.
8WRPC 14th ISTS meeting reviews March 2026 trippings and 200 TLAs on POWERGRID Vindhyachal-Satna lines
The 14th ISTS Licensee meeting was held on April 27, 2026 in Mumbai under WRPC chairmanship. POWERGRID WR-II reported outages between March 9 and March 18, 2026 for installing 200 Transmission Line Arresters. The work was linked to 400 kV Vindhyachal-Satna Line-1 and Line-2 to reduce lightning-related trippings. The meeting also reviewed differential relay retrofitting, LBB relay status, spare details, harmonic measurements and 220 kV Vapi-II revival across western region transmission licensees.
REGIONAL ENERGY ACCOUNT
8WRPC December 2025 REA lists VSTPS-I capacity at 1,260 MW and monthly DC of 838.08 million kWh
Western Regional Power Committee's December 2025 regional energy account covers VSTPS-I with a capacity of 1,260 MW. The entitlement table shows total monthly declared capacity of 838,084,514 kWh. Cumulative FY declared capacity reached 7,002,834,893 kWh across beneficiaries. Major beneficiaries include GEB, MPSEB, MSEB, Goa, DNHDDPDCL, TSTRANSCO, Bangladesh and HVDC-linked accounts. The REA serves as the basis for energy accounting and settlement among western region entities.
8WRPC revises April 2026 nuclear and hydro REA using WRLDC meter data for April 27 to May 3 week
Western Regional Power Committee issued Revision-2 of the April 2026 Regional Energy Account for nuclear and hydro stations. The revision was based on WRLDC meter data for the week from April 27, 2026 to May 3, 2026. The document includes beneficiary-wise energy accounting, with totals such as 289,367,424 and 852,489,745 appearing in the REA schedules. Companies and beneficiaries include GUVNL, GETCO, MP Power Trading, CSPDCL, MSEDCL and nuclear/hydro station stakeholders.
8ERPC issues April 2026 SCED settlement account with 0.04% daily delay interest clause for generators
Eastern Regional Power Committee released the SCED settlement account for April 1 to April 30, 2026. The account was prepared under CERC's January 31, 2019 suo motu order and the approved SCED detailed procedure. SCED generators must pay or receive charges within 7/10 working days of the weekly statement. Any delay attracts simple interest of 0.04% per day, with observations allowed within a fortnight. The settlement supports security-constrained economic dispatch operations across the eastern region.
TRANSMISSION LINE ENERGIZATION
8Grid Controller of India reports 3.64% all-India transmission loss for week of May 18-24; weekly injection 17,482.95 MU
Grid Controller of India Limited, through its National Load Despatch Centre, announced an All-India Transmission Loss of 3.64% for the period May 18-24, 2026. The computation is based on a previous week's total injection of 17,482.95 Million Units into the Inter-State Transmission System against a drawal of 16,871.70 MU, with exempted Renewable Energy injection of 704.53 MU. The calculation follows CERC Sharing of Inter-State Transmission Charges and Losses Regulations, 2020, effective from November 1, 2020. Details
8Grid-India NLDC reports all-India peak demand of 247,403 MW on May 15; RES contributes 17% of 5,897 MU gross generation
National Load Despatch Centre reported All-India peak demand of 247,403 MW at 15:30 hrs on May 15, 2026, with total energy met at 5,423 MU across five regions. The Northern Region alone served 73,813 MW during evening peak while Western Region led with 78,570 MW maximum demand. Coal dominated generation at 69% (4,063 MU), while renewables contributed 989 MU representing 16.76% of total gross generation. India exported 27.30 MU to Nepal and Bangladesh while importing 9.62 MU from Bhutan.
8Grid-India NLDC reports all-India peak demand met of 238,406 MW and energy met of 5,332 MU on May 17
Grid Controller of India's NLDC daily PSP report covered the all-India power system for May 17, 2026. Evening peak demand met across regions totalled 229,166 MW, while maximum demand met during the day reached 238,406 MW. Energy met was 5,332 MU, with hydro generation at 463 MU, wind at 234 MU and solar at 661 MU. All-India energy shortage was 3.30 MU, while peak shortage was 0 MW across all five regions, reflecting overall stable grid performance.
8Grid-India Eastern Region peaks at 32,373 MW on May 17; delivers 680.48 MU amid 0.76 MU deficit
Grid Controller of India reported that the Eastern Region met an evening peak demand of 30,287 MW on May 17, 2026 with zero shortage, while the region's maximum demand for the day reached 32,373 MW at 23:21 hours. Day energy consumption stood at 680.48 MU against a generation of 681.24 MU, leaving a marginal deficit of 0.76 MU, with Bihar recording its highest demand of 8,330 MW at 22:17 hours. West Bengal continued to lead state-wise consumption.
8Grid-India WRLDC serves 71,028 MW evening peak on May 16 with 1,746 MU day energy and zero shortage
Grid Controller of India's Western Regional Load Despatch Centre reported that the Western Region cleared a peak evening demand of 71,028 MW at 50.1 Hz and off-peak demand of 70,599 MW on May 16, 2026, with total day energy of 1,746.1 MU and zero shortage. Maharashtra led state-wise consumption at 686.5 MU, followed by Madhya Pradesh at 327.9 MU and Gujarat at 524.6 MU, while the region's net total generation reached 1,018.6 MU from thermal, hydro, gas, wind and solar combined.
8Grid-India NRLDC faces 255 MW evening peak shortage on May 15; day energy hits 1,600 MU as Northern Region serves 74,068 MW
Grid Controller of India's Northern Regional Load Despatch Centre reported a 255 MW shortage during the 20:00 evening peak on May 15, 2026 against a requirement of 74,068 MW, with day energy consumption reaching 1,600 MU. Uttar Pradesh was the largest state consumer at 542.18 MU, while Rajasthan generated 254.72 MU through its state plants. The overall Northern Region generation stood at 816.89 MU with an actual drawal of 783.51 MU against scheduled 796.92 MU.
8NLDC frequency report May 16: Average dips to 49.971 Hz; grid below 49.7 Hz for 2.16% — tightest deficit of week
Grid Controller of India's NLDC frequency report for May 16, 2026 reveals a notable deterioration from Friday's levels: average frequency fell to 49.971 Hz with FVI of 0.0855, and the grid dipped below 49.7 Hz for 2.16% of the day, the most significant under-frequency incidence of the reporting week. The grid operated outside the IEGC band of 49.9-50.05 Hz for 26.98% of the day. Instantaneous frequency touched 49.50 Hz during some periods, indicating demand-supply stress.
8Grid-India SRLDC: Southern Region meets 55,985 MW peak demand on May 15 — zero shortage reported across all six states
Grid Controller of India Limited's Southern Regional Load Despatch Centre recorded a flawless power supply day on May 15, 2026, with the evening peak demand of 55,985 MW fully met and the region's maximum demand touching 66,753 MW at 12:02 hrs. Tamil Nadu led with 18,485 MW peak demand while Kudankulam nuclear plant delivered 45.78 MU. Total renewable generation crossed 213 MU, wind contributing 83.64 MU and solar 129.3 MU, with no load curtailment reported across all six southern states.
OCC MEETINGS & OUTAGE PLANNING
8WRPC 602nd OCC minutes record March peak demand of 78,712 MW with zero western region shortfall and 6,816 MU export
Western Regional Power Committee held the 602nd OCC meeting on April 24, 2026 at NHPTL, Bina. For March 2026, WRPC recorded maximum regional demand of 78,712 MW and peak shortfall of 0 MW. Net actual energy supplied was 49,815 MU against a requirement of 49,824 MU, leaving only 9 MU shortfall. The western region exported 6,816 MU to other regions against a scheduled export of 7,155 MU, demonstrating strong regional generation surplus management during peak summer demand.
8WRPC 603rd OCC agenda flags April demand at 81,355 MW and 9,436 MU inter-regional export; meeting on May 22 in Mumbai
WRPC scheduled the 603rd OCC meeting for May 22, 2026 at 10:00 hrs in Mumbai. The April 2026 review shows western region maximum demand at 81,355 MW with 0 MW peak shortfall. Net actual energy supplied was 50,063 MU against a requirement of 50,084 MU, leaving 20 MU shortfall. The region exported 9,436 MU against a net export schedule of 9,708 MU. The agenda includes review of inter-regional flows, transmission outages and outage scheduling for the western grid.
8POWERGRID dominates 243rd OCC outage plan as 1,187 requests cover 765 kV, 400 kV and HVDC assets
The 243rd OCC approved outage programme features a large multi-utility shutdown schedule led by POWERGRID, NTPC, THDC, ATIL and BKTL. Key entries include THDC's 250 MW Tehri HPS Unit 4 annual maintenance from June 2 to June 26, 2026. POWERGRID's 765 kV Fatehpur-Sasaram and 400 kV Allahabad-Sasaram lines appear repeatedly for OPGW, PID, insulator and rectification works. The document also includes HVDC Mahindergarh Pole-1 and Pole-2 outages linked to 765 kV D/C KPS-2 Halvad crossing work.
8WRPC 14th ISTS meeting reviews March 2026 trippings and 200 TLAs on POWERGRID Vindhyachal-Satna lines
The 14th ISTS Licensee meeting was held on April 27, 2026 in Mumbai under WRPC chairmanship. POWERGRID WR-II reported outages between March 9 and March 18, 2026 for installing 200 Transmission Line Arresters. The work was linked to 400 kV Vindhyachal-Satna Line-1 and Line-2 to reduce lightning-related trippings. The meeting also reviewed differential relay retrofitting, LBB relay status, spare details, harmonic measurements and 220 kV Vapi-II revival across western region transmission licensees.
REGIONAL ENERGY ACCOUNT
8WRPC December 2025 REA lists VSTPS-I capacity at 1,260 MW and monthly DC of 838.08 million kWh
Western Regional Power Committee's December 2025 regional energy account covers VSTPS-I with a capacity of 1,260 MW. The entitlement table shows total monthly declared capacity of 838,084,514 kWh. Cumulative FY declared capacity reached 7,002,834,893 kWh across beneficiaries. Major beneficiaries include GEB, MPSEB, MSEB, Goa, DNHDDPDCL, TSTRANSCO, Bangladesh and HVDC-linked accounts. The REA serves as the basis for energy accounting and settlement among western region entities.
8WRPC revises April 2026 nuclear and hydro REA using WRLDC meter data for April 27 to May 3 week
Western Regional Power Committee issued Revision-2 of the April 2026 Regional Energy Account for nuclear and hydro stations. The revision was based on WRLDC meter data for the week from April 27, 2026 to May 3, 2026. The document includes beneficiary-wise energy accounting, with totals such as 289,367,424 and 852,489,745 appearing in the REA schedules. Companies and beneficiaries include GUVNL, GETCO, MP Power Trading, CSPDCL, MSEDCL and nuclear/hydro station stakeholders.
8ERPC issues April 2026 SCED settlement account with 0.04% daily delay interest clause for generators
Eastern Regional Power Committee released the SCED settlement account for April 1 to April 30, 2026. The account was prepared under CERC's January 31, 2019 suo motu order and the approved SCED detailed procedure. SCED generators must pay or receive charges within 7/10 working days of the weekly statement. Any delay attracts simple interest of 0.04% per day, with observations allowed within a fortnight. The settlement supports security-constrained economic dispatch operations across the eastern region.
TRANSMISSION LINE ENERGIZATION
8Grid Controller of India reports 3.64% all-India transmission loss for week of May 18-24; weekly injection 17,482.95 MU
Grid Controller of India Limited, through its National Load Despatch Centre, announced an All-India Transmission Loss of 3.64% for the period May 18-24, 2026. The computation is based on a previous week's total injection of 17,482.95 Million Units into the Inter-State Transmission System against a drawal of 16,871.70 MU, with exempted Renewable Energy injection of 704.53 MU. The calculation follows CERC Sharing of Inter-State Transmission Charges and Losses Regulations, 2020, effective from November 1, 2020. Details
NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS
May 18:
CEA & GRID STANDARDS
8CEA and AIDA release standard technical specs for CRGO core distribution transformers; India has 1.82 crore DTs with 9.44 lakh MVA capacity
The Central Electricity Authority, through its Distribution Planning & Technology Division, released standardised technical specifications for Single-Phase and Three-Phase CRGO Core Distribution Transformers (Part-I) on May 14, 2026, developed by an AIDA Committee with representation from CEA, DISCOMs, IEEMA and ISGF. The document highlights that India currently has approximately 1.82 crore Distribution Transformers installed with a total transformation capacity exceeding 9.44 Lakh MVA, the largest single equipment group in the distribution network.
8GERC drafts new Gujarat Electricity Grid Code 2026 superseding 2013 regulations to govern 66 kV+ operations and renewable integration
The Gujarat Electricity Regulatory Commission released the Draft Gujarat Electricity Grid Code 2026, a comprehensive overhaul of grid operation standards that will supersede the existing Gujarat Electricity Grid Code, 2013. Drafted under Sections 181, 39, 40, 42 and 86(1-h) of the Electricity Act, 2003, the new code sets rules for all participants in Gujarat's power system, including generation, transmission and distribution entities, covering Extra High Voltage systems of 66 kV and above, while incorporating frameworks for Battery Energy Storage Systems, Renewable Energy integration and cybersecurity through CERT standards.
MINISTRY OF POWER
8POWERGRID Independent Director Sajal Jha completes tenure on May 15, 2026 after Ministry of Power appointment
Power Grid Corporation of India Limited informed exchanges on May 16, 2026 that the tenure of Smt. Sajal Jha (DIN: 09402663) as Non-Official Independent Director has concluded on May 15, 2026, as per the Ministry of Power order dated May 16, 2025. She has accordingly ceased to be a member of POWERGRID's board from that date. The company trades on NSE as POWERGRID and BSE under code 532898 with ISIN INE752E01010, with the directorial change reported under SEBI LODR Regulations.
8POWERGRID promotes three CGMs Jiten Das, Rajiv Gandhi and Sanjay Kumar Gupta to Executive Director level from May 15
Power Grid Corporation of India Limited disclosed on May 16, 2026 that three Chief General Managers have been elevated to Executive Director (one level below the Board), effective May 15, 2026. Shri Jiten Das brings over three decades of experience in AC/DC substation management, Shri Rajiv Gandhi has expertise in transmission line engineering with a PGDM from MDI, and Shri Sanjay Kumar Gupta has been similarly promoted as per service rules. The promotions strengthen POWERGRID's leadership bench in transmission operations.
MNRE & BEE
8APSPDCL submits Q4 FY 2025-26 energy accounting data to BEE under EC Act 2001 mandate; CMD L. Siva Sankar heads Tirupati DISCOM
Southern Power Distribution Company of Andhra Pradesh Limited, established in 2000 and headquartered in Tirupati, submitted its Q4 FY 2025-26 Energy Accounting data to the Bureau of Energy Efficiency as mandated under the EC Act, 2001 gazette notification of October 7, 2021. The structured data, covering energy flows, distribution losses, and technical parameters for the period January 1 to March 31, 2026, was prepared by Energy Auditor P. Lokeswara Reddy (Registration No. EA-10877) and submitted under the leadership of CMD Sri L. Siva Sankar.
8APSPDCL files Q4 energy audit report for January to March 2026 with BEE Director under EC Act 2001 mandate for DISCOMs
Southern Power Distribution Company of Andhra Pradesh Limited formally submitted its Periodic Energy Accounting Report for Q4 of FY 2025-26 (January 1 to March 31, 2026) to Sri Milind Deore, Director, Bureau of Energy Efficiency, 4th Floor, Sewa Bhawan, R.K. Puram, New Delhi. The submission, under CGM/EC/APSPDCL reference, follows BEE's October 2021 gazette notification mandating periodic energy accounting for all electricity Distribution Companies under the Energy Conservation Act, 2001, with Chief General Manager K. Audiseshaiah as Nodal Officer.
TENDERS & PROCUREMENT (GeM/NIT)
8HESCOM invites Expressions of Interest from Practising Company Secretaries for Secretarial Audit of FY 2025-26 and 2026-27
Hubli Electricity Supply Company Limited, a wholly owned Government of Karnataka undertaking, issued a notification on April 24, 2026, inviting Expressions of Interest from eligible Practising Company Secretaries and Firms for conducting the Secretarial Audit for FY 2025-26 and 2026-27 under Section 204 of the Companies Act, 2013. Interested parties were asked to submit sealed quotations along with firm profile to HESCOM's Corporate Office at Vidyut Bhavana, Gopanakoppa, Hubballi-580023 by May 7, 2026, before 5:30 PM.
8KSEB sanctions five new desktop systems for Power System Engineering Wing bypassing GeM due to after-sales service gaps
Kerala State Electricity Board Limited issued Office Order D(T & SO) No. 648/2026 on May 14, 2026, sanctioning the procurement of 4 new desktop systems for the Power System Engineering Wing and 1 new desktop system with an additional monitor for the Director (Transmission & System Operation), bypassing the Government e-Marketplace portal. The Chief Engineer (IT, CR & CAPS) was authorised to procure through competitive quotations from reputed IT resellers, as most GeM-listed suppliers are located outside Kerala and have provided unsatisfactory after-sales service.
8WBPDCL announces monthly fuel cost adjustment for April 2026: Kolaghat at 48 paise per kWh, Santaldih tops at 52 paise per kWh
West Bengal Power Development Corporation Limited announced the Monthly Fuel Cost Adjustment for April 2026 under Notification No. WBPDCL/MFCA/26-27/01 dated May 12, 2026. Total normative gross generation across 7 stations stood at 2,682.55 MU, with total coal consumption of 17,55,979 MT at an average price of Rs. 3,520.76 per MT and total fuel cost at Rs. 645.78 crore. Santaldih recorded the highest adjustment at 52 paise per kWh, while Bakreswar was lowest at 29 paise per kWh, recoverable from all electricity purchasers under WBERC purview.
8CMPDI and MECL sign strategic MoU for coal and mineral exploration cooperation in presence of Minister Satish Chandra Dubey
Central Mine Planning & Design Institute Limited and Mineral Exploration and Consultancy Limited signed a Memorandum of Understanding on May 14, 2026 at Ranchi in the presence of Union Minister of State for Coal and Mines Shri Satish Chandra Dubey. The MoU aims to facilitate collaboration in coal and non-energy mineral exploration to enhance India's national mineral inventory and support new mine development under the Atmanirbhar Bharat vision, with CMDs of both CMPDI and CCL Shri Chaudhari Shivraj Singh and Shri Nilendu Kumar Singh present at the review meeting.
8Bharat Coking Coal Limited reshuffles 10 senior mining executives in major posting transfer drive across mining operations
State-run Bharat Coking Coal Limited, listed on BSE under Scrip Code 544678, disclosed a sweeping senior management reshuffle on May 16, 2026, involving 10 General Managers across its mining operations. Key moves include Shri Bishnu Kant Jha's appointment as Area General Manager at Katras Area and Shri Satyakam Anand's transfer from SECL to Govindpur Area, all effective upon assumption of charge. The reshuffle aims to strengthen mining operations leadership across BCCL's key coalfield areas.
8HERC seeks FPPAS recovery details from UHBVNL and DHBVNL for FY 2025-26; case listed for arguments on June 10
UHBVNL and DHBVNL filed HERC Petition Nos. 07 and 18 of 2026 on monthly FPPAS recovery issues. The discoms sought exemption from monthly Fuel and Power Purchase Adjustment Surcharge recovery for FY 2025-26. HERC asked for details on FPPA recovery, outstanding recovery plan and November 2025 prior-period expenses. The case was listed for arguments on June 10, 2026. The petitions concern the discoms' challenges in monthly fuel surcharge recovery from consumers and pending true-up adjustments. Details
8CEA and AIDA release standard technical specs for CRGO core distribution transformers; India has 1.82 crore DTs with 9.44 lakh MVA capacity
The Central Electricity Authority, through its Distribution Planning & Technology Division, released standardised technical specifications for Single-Phase and Three-Phase CRGO Core Distribution Transformers (Part-I) on May 14, 2026, developed by an AIDA Committee with representation from CEA, DISCOMs, IEEMA and ISGF. The document highlights that India currently has approximately 1.82 crore Distribution Transformers installed with a total transformation capacity exceeding 9.44 Lakh MVA, the largest single equipment group in the distribution network.
8GERC drafts new Gujarat Electricity Grid Code 2026 superseding 2013 regulations to govern 66 kV+ operations and renewable integration
The Gujarat Electricity Regulatory Commission released the Draft Gujarat Electricity Grid Code 2026, a comprehensive overhaul of grid operation standards that will supersede the existing Gujarat Electricity Grid Code, 2013. Drafted under Sections 181, 39, 40, 42 and 86(1-h) of the Electricity Act, 2003, the new code sets rules for all participants in Gujarat's power system, including generation, transmission and distribution entities, covering Extra High Voltage systems of 66 kV and above, while incorporating frameworks for Battery Energy Storage Systems, Renewable Energy integration and cybersecurity through CERT standards.
MINISTRY OF POWER
8POWERGRID Independent Director Sajal Jha completes tenure on May 15, 2026 after Ministry of Power appointment
Power Grid Corporation of India Limited informed exchanges on May 16, 2026 that the tenure of Smt. Sajal Jha (DIN: 09402663) as Non-Official Independent Director has concluded on May 15, 2026, as per the Ministry of Power order dated May 16, 2025. She has accordingly ceased to be a member of POWERGRID's board from that date. The company trades on NSE as POWERGRID and BSE under code 532898 with ISIN INE752E01010, with the directorial change reported under SEBI LODR Regulations.
8POWERGRID promotes three CGMs Jiten Das, Rajiv Gandhi and Sanjay Kumar Gupta to Executive Director level from May 15
Power Grid Corporation of India Limited disclosed on May 16, 2026 that three Chief General Managers have been elevated to Executive Director (one level below the Board), effective May 15, 2026. Shri Jiten Das brings over three decades of experience in AC/DC substation management, Shri Rajiv Gandhi has expertise in transmission line engineering with a PGDM from MDI, and Shri Sanjay Kumar Gupta has been similarly promoted as per service rules. The promotions strengthen POWERGRID's leadership bench in transmission operations.
MNRE & BEE
8APSPDCL submits Q4 FY 2025-26 energy accounting data to BEE under EC Act 2001 mandate; CMD L. Siva Sankar heads Tirupati DISCOM
Southern Power Distribution Company of Andhra Pradesh Limited, established in 2000 and headquartered in Tirupati, submitted its Q4 FY 2025-26 Energy Accounting data to the Bureau of Energy Efficiency as mandated under the EC Act, 2001 gazette notification of October 7, 2021. The structured data, covering energy flows, distribution losses, and technical parameters for the period January 1 to March 31, 2026, was prepared by Energy Auditor P. Lokeswara Reddy (Registration No. EA-10877) and submitted under the leadership of CMD Sri L. Siva Sankar.
8APSPDCL files Q4 energy audit report for January to March 2026 with BEE Director under EC Act 2001 mandate for DISCOMs
Southern Power Distribution Company of Andhra Pradesh Limited formally submitted its Periodic Energy Accounting Report for Q4 of FY 2025-26 (January 1 to March 31, 2026) to Sri Milind Deore, Director, Bureau of Energy Efficiency, 4th Floor, Sewa Bhawan, R.K. Puram, New Delhi. The submission, under CGM/EC/APSPDCL reference, follows BEE's October 2021 gazette notification mandating periodic energy accounting for all electricity Distribution Companies under the Energy Conservation Act, 2001, with Chief General Manager K. Audiseshaiah as Nodal Officer.
TENDERS & PROCUREMENT (GeM/NIT)
8HESCOM invites Expressions of Interest from Practising Company Secretaries for Secretarial Audit of FY 2025-26 and 2026-27
Hubli Electricity Supply Company Limited, a wholly owned Government of Karnataka undertaking, issued a notification on April 24, 2026, inviting Expressions of Interest from eligible Practising Company Secretaries and Firms for conducting the Secretarial Audit for FY 2025-26 and 2026-27 under Section 204 of the Companies Act, 2013. Interested parties were asked to submit sealed quotations along with firm profile to HESCOM's Corporate Office at Vidyut Bhavana, Gopanakoppa, Hubballi-580023 by May 7, 2026, before 5:30 PM.
8KSEB sanctions five new desktop systems for Power System Engineering Wing bypassing GeM due to after-sales service gaps
Kerala State Electricity Board Limited issued Office Order D(T & SO) No. 648/2026 on May 14, 2026, sanctioning the procurement of 4 new desktop systems for the Power System Engineering Wing and 1 new desktop system with an additional monitor for the Director (Transmission & System Operation), bypassing the Government e-Marketplace portal. The Chief Engineer (IT, CR & CAPS) was authorised to procure through competitive quotations from reputed IT resellers, as most GeM-listed suppliers are located outside Kerala and have provided unsatisfactory after-sales service.
8WBPDCL announces monthly fuel cost adjustment for April 2026: Kolaghat at 48 paise per kWh, Santaldih tops at 52 paise per kWh
West Bengal Power Development Corporation Limited announced the Monthly Fuel Cost Adjustment for April 2026 under Notification No. WBPDCL/MFCA/26-27/01 dated May 12, 2026. Total normative gross generation across 7 stations stood at 2,682.55 MU, with total coal consumption of 17,55,979 MT at an average price of Rs. 3,520.76 per MT and total fuel cost at Rs. 645.78 crore. Santaldih recorded the highest adjustment at 52 paise per kWh, while Bakreswar was lowest at 29 paise per kWh, recoverable from all electricity purchasers under WBERC purview.
8CMPDI and MECL sign strategic MoU for coal and mineral exploration cooperation in presence of Minister Satish Chandra Dubey
Central Mine Planning & Design Institute Limited and Mineral Exploration and Consultancy Limited signed a Memorandum of Understanding on May 14, 2026 at Ranchi in the presence of Union Minister of State for Coal and Mines Shri Satish Chandra Dubey. The MoU aims to facilitate collaboration in coal and non-energy mineral exploration to enhance India's national mineral inventory and support new mine development under the Atmanirbhar Bharat vision, with CMDs of both CMPDI and CCL Shri Chaudhari Shivraj Singh and Shri Nilendu Kumar Singh present at the review meeting.
8Bharat Coking Coal Limited reshuffles 10 senior mining executives in major posting transfer drive across mining operations
State-run Bharat Coking Coal Limited, listed on BSE under Scrip Code 544678, disclosed a sweeping senior management reshuffle on May 16, 2026, involving 10 General Managers across its mining operations. Key moves include Shri Bishnu Kant Jha's appointment as Area General Manager at Katras Area and Shri Satyakam Anand's transfer from SECL to Govindpur Area, all effective upon assumption of charge. The reshuffle aims to strengthen mining operations leadership across BCCL's key coalfield areas.
8HERC seeks FPPAS recovery details from UHBVNL and DHBVNL for FY 2025-26; case listed for arguments on June 10
UHBVNL and DHBVNL filed HERC Petition Nos. 07 and 18 of 2026 on monthly FPPAS recovery issues. The discoms sought exemption from monthly Fuel and Power Purchase Adjustment Surcharge recovery for FY 2025-26. HERC asked for details on FPPA recovery, outstanding recovery plan and November 2025 prior-period expenses. The case was listed for arguments on June 10, 2026. The petitions concern the discoms' challenges in monthly fuel surcharge recovery from consumers and pending true-up adjustments. Details
NEWS UPDATE: RENEWABLE ENERGY
May 18:
SOLAR POWER
8CEA records India generates 4,683 MU renewable energy on May 14; Rajasthan tops with 250 MU wind-solar output
Central Electricity Authority daily renewable generation report for May 14, 2026 shows All India actual renewable output of approximately 4,683 MU including imports, with Rajasthan leading all states at 250.04 MU for the day driven by 207.07 MU of solar and 40.30 MU of wind. Gujarat followed with 321.23 MU while the Western Region collectively generated 427.12 MU, and cumulative renewable output for May 2026 up to 14 May from the Northern Region alone reached 3,908.40 MU.
8NLDC REMC: Solar hits 56,606 MW contribution during peak hours on May 16; VRE penetration at 25.88%
Grid Controller of India's NLDC Renewable Energy Management Centre reported that on May 16, 2026, combined Variable Renewable Energy (wind + solar) contributed 64,348 MW during solar hours (06:00-18:00), representing a 25.88% penetration rate. Solar alone hit 56,606 MW contribution during maximum demand of 248,681 MW at 15:32 hrs. During non-solar hours, wind energy sustained 10,401 MW at 4.32% penetration during peak demand of 240,653 MW at 22:40 hrs, marking a milestone for India's renewable integration capability.
8Insolation Energy board clears Rs. 395.19 crore preferential allotment monitoring report for Q4 FY26 with zero deviation
Insolation Energy Limited held a swift 13-minute board meeting on May 15, 2026, from 12:14 PM to 12:27 PM, where it approved the Monitoring Agency Report by CARE Ratings Limited on utilisation of Rs. 395.19 crore raised through preferential issue of equity shares. The report for the quarter ended March 31, 2026 confirmed no deviation from stated objects. The submission was made under SEBI ICDR Regulation 162A. The company trades on BSE under code 543620 and on NSE as INA.
8Inox Green Energy Services CARE Ratings confirms zero deviation in Rs. 1,050 crore preferential issue proceeds for Q4 FY26
Inox Green Energy Services Limited, INOXGFL Towers, Noida, filed the Monitoring Agency Report issued by CARE Ratings Limited (Report No. CARE/NRO/GEN/2026-27/1047) under Monitoring Agency Agreement dated June 26, 2024 for the quarter ended March 31, 2026. The report confirmed nil deviation from stated objects in the utilisation of Rs. 1,050 crore raised through a Preferential Issue under SEBI ICDR Regulation 162A. The Audit Committee and Board reviewed the report at their meetings held on May 14, 2026.
8KPI Green Energy grants 26,261 stock options at exercise price of Rs. 35 per share under ESOP 2023 with 1-year vesting lock-in
KPI Green Energy Limited disclosed on May 15, 2026 that its Nomination and Remuneration Committee approved the grant of 26,261 stock options to an eligible employee under KPI Green ESOP 2023. Each option converts into 1 equity share of face value Rs. 5 at an exercise price of Rs. 35 per share. All options vest at the end of 1 year from the date of grant and must be exercised within 3 months of vesting. The company trades on BSE under code 542323 and on NSE as KPIGREEN.
8Zelio E-Mobility Brickwork Ratings confirms zero deviation in Rs. 78.34 crore IPO proceeds in second monitoring agency report
Zelio E-Mobility Limited, Hisar, Haryana, submitted the Second Monitoring Agency Report (Report No. BWR/2026-27/IPM/ZEML/02) issued by Brickwork Ratings India Private Limited on May 15, 2026 under Monitoring Agency Agreement dated August 18, 2025. The report, prepared for the half-year ended March 31, 2026, confirmed no deviation from stated objects in the utilisation of IPO proceeds aggregating Rs. 78.34 crore raised through Fresh Issue and Offer for Sale. The submission supports continued IPO compliance under SEBI norms.
WIND & HYBRID POWER
8Borosil Renewables Q4 FY26 investor call transcript released; management discusses FY26 results amid solar glass headwinds
Borosil Renewables Limited released the transcript of its Q4 FY26 results conference call held on May 13, 2026, hosted by Axis Capital's Rohan Gheewala. The call featured Executive Chairman Mr. P. K. Kheruka, CEO Mr. Melwyn Moses and CFO Mr. Sunil Roongta who discussed the company's standalone and consolidated financial results for the year ended March 31, 2026 along with the fourth quarter performance. The company trades on BSE under code 502219 and on NSE as BORORENEW.
STORAGE & GREEN HYDROGEN
8TNERC drafts comprehensive BESS Regulations 2026 with 80% round-trip efficiency mandate and storage capacity charge
The Tamil Nadu Electricity Regulatory Commission released the Draft Tamil Nadu Electricity Regulatory Commission (Battery Energy Storage Systems) Regulations, 2026, a landmark 9-part regulatory framework covering procurement, tariff, technical standards, open access and ancillary services for Battery Energy Storage Systems across Tamil Nadu. The draft mandates a minimum Round-Trip Efficiency requirement and specifies a Minimum Capacity Utilisation Factor for RE-BESS projects, with tariff structures covering co-located solar, wind and conventional generators under Section 62 of the Electricity Act, 2003.
8GERC drafts 119-page Grid Interactive Distributed Renewable Energy Regulations 2026 replacing net metering rules of 2016
The Gujarat Electricity Regulatory Commission released a comprehensive 119-page Draft Regulation titled Gujarat Electricity Regulatory Commission (Grid Interactive Distributed Renewable Energy Sources) Regulations, 2026, set to repeal the GERC Net Metering Rooftop Solar PV Grid Interactive Systems Regulations, 2016. The draft, exercising powers under Sections 42, 61, 66, 86(1)(e) and 181 of the Electricity Act, 2003, covers Bidirectional Metering, Battery Energy Storage Systems, RESCO business models and various categories of distributed generation including prosumers and embedded generation units across Gujarat.
8MPERC seeks comments by June 9 on 2024 renewable grid regulation amendments under RG-39(II)
Madhya Pradesh Electricity Regulatory Commission issued a public notice for amendments to RG-39(II) of 2024. The draft concerns Grid Interactive Renewable Energy Systems and Related Matters Regulations. Stakeholders can submit comments until June 9, 2026 by post, email or fax. MPERC scheduled the public hearing for June 16, 2026 at 12:00 hrs in hybrid mode. The amendments aim to update Madhya Pradesh's renewable energy grid integration framework to align with national grid code updates.
POLICY & INCENTIVES
8MNRE approves Rs. 2,584.60 crore Small Hydro Power Development Scheme for 1-25 MW projects through FY 2030-31
The Ministry of New and Renewable Energy approved the Small Hydro Power Development Scheme for FY 2026-27 to FY 2030-31. The total financial outlay is Rs. 2,584.60 crore, including Rs. 96 crore committed liabilities from previous SHP schemes. The largest component is Rs. 2,532.60 crore CFA support for 1 MW to 25 MW SHP projects. Solar Energy Corporation of India Limited will act as the National Programme Implementing Agency. The scheme aims to accelerate small hydro project development in hilly and remote regions.
8Fujiyama Power Systems commissions 1 GW MonoPERC DCR solar cell facility eyeing Rs. 20,000 crore PM Surya Ghar Yojana opportunity
Fujiyama Power Systems Limited presented at an analysts and investors meet on May 15, 2026 highlighting its FY26 revenue from operations of Rs. 26,545 million, a 72.3% year-on-year jump. The company commissioned a 1 GW MonoPERC DCR solar cell manufacturing facility to tap into the Rs. 20,000 crore PM Surya Ghar Yojana opportunity, with 7 million-plus residential solar installations still untapped. The 1,200 MW TOPCon solar cell facility at Ratlam, Madhya Pradesh is being set up for an investment of around Rs. 350 crore.
8HPERC schedules May 20 public hearing on Generic Levellised Tariff for Biomass Gasifier power projects up to 5 MW for FY 2026-27
The Himachal Pradesh Electricity Regulatory Commission, Shimla, published a public notice dated May 12, 2026 announcing a public hearing on May 20, 2026 at 11:30 AM at HPERC's Shimla office in the matter of Suo-Motu Petition No. 04/2026 for determination of Generic Levellised Tariff for Biomass Gasifier based Power Projects up to 5 MW for FY 2026-27. A prior public notice was published on April 8, 2026 in The Tribune and Dainik Bhaskar, with last date for objections being May 11, 2026.
8PXIL revises May 2026 second REC trading session to May 29 due to Id-ul-Zuha bank holidays in Delhi and Mumbai
Power Exchange India Limited issued Circular No. PXIL/Operations/2026-2027/477 on May 12, 2026 to notify members that the second Renewable Energy Certificate trading session for May 2026 has been rescheduled from the standard last Wednesday (May 27, a Delhi bank holiday) and Thursday (May 28, a Mumbai bank holiday) to Friday, May 29, 2026, on account of Id-ul-Zuha. The revision was made pursuant to communication from GRID-INDIA dated May 12, 2026. Members can contact Market Operations for clarifications.
8India's captive power sector faces triple overhaul: Electricity Amendment Rules 2026, Draft NEP 2026 and evolving GST treatment of ITC
A detailed analysis published on May 15, 2026 outlines how India's captive power sector, governed for over two decades by the Electricity Act 2003 and Electricity Rules 2005, is undergoing simultaneous transformation across three fronts. The new Electricity (Amendment) Rules 2026 revise the mandatory 26% ownership and 51% consumption thresholds for captive generation, while the Draft National Electricity Policy 2026 sets new sector direction, and the GST framework's position on Input Tax Credit for capital expenditure on captive plants adds further commercial complexity. Details
8CEA records India generates 4,683 MU renewable energy on May 14; Rajasthan tops with 250 MU wind-solar output
Central Electricity Authority daily renewable generation report for May 14, 2026 shows All India actual renewable output of approximately 4,683 MU including imports, with Rajasthan leading all states at 250.04 MU for the day driven by 207.07 MU of solar and 40.30 MU of wind. Gujarat followed with 321.23 MU while the Western Region collectively generated 427.12 MU, and cumulative renewable output for May 2026 up to 14 May from the Northern Region alone reached 3,908.40 MU.
8NLDC REMC: Solar hits 56,606 MW contribution during peak hours on May 16; VRE penetration at 25.88%
Grid Controller of India's NLDC Renewable Energy Management Centre reported that on May 16, 2026, combined Variable Renewable Energy (wind + solar) contributed 64,348 MW during solar hours (06:00-18:00), representing a 25.88% penetration rate. Solar alone hit 56,606 MW contribution during maximum demand of 248,681 MW at 15:32 hrs. During non-solar hours, wind energy sustained 10,401 MW at 4.32% penetration during peak demand of 240,653 MW at 22:40 hrs, marking a milestone for India's renewable integration capability.
8Insolation Energy board clears Rs. 395.19 crore preferential allotment monitoring report for Q4 FY26 with zero deviation
Insolation Energy Limited held a swift 13-minute board meeting on May 15, 2026, from 12:14 PM to 12:27 PM, where it approved the Monitoring Agency Report by CARE Ratings Limited on utilisation of Rs. 395.19 crore raised through preferential issue of equity shares. The report for the quarter ended March 31, 2026 confirmed no deviation from stated objects. The submission was made under SEBI ICDR Regulation 162A. The company trades on BSE under code 543620 and on NSE as INA.
8Inox Green Energy Services CARE Ratings confirms zero deviation in Rs. 1,050 crore preferential issue proceeds for Q4 FY26
Inox Green Energy Services Limited, INOXGFL Towers, Noida, filed the Monitoring Agency Report issued by CARE Ratings Limited (Report No. CARE/NRO/GEN/2026-27/1047) under Monitoring Agency Agreement dated June 26, 2024 for the quarter ended March 31, 2026. The report confirmed nil deviation from stated objects in the utilisation of Rs. 1,050 crore raised through a Preferential Issue under SEBI ICDR Regulation 162A. The Audit Committee and Board reviewed the report at their meetings held on May 14, 2026.
8KPI Green Energy grants 26,261 stock options at exercise price of Rs. 35 per share under ESOP 2023 with 1-year vesting lock-in
KPI Green Energy Limited disclosed on May 15, 2026 that its Nomination and Remuneration Committee approved the grant of 26,261 stock options to an eligible employee under KPI Green ESOP 2023. Each option converts into 1 equity share of face value Rs. 5 at an exercise price of Rs. 35 per share. All options vest at the end of 1 year from the date of grant and must be exercised within 3 months of vesting. The company trades on BSE under code 542323 and on NSE as KPIGREEN.
8Zelio E-Mobility Brickwork Ratings confirms zero deviation in Rs. 78.34 crore IPO proceeds in second monitoring agency report
Zelio E-Mobility Limited, Hisar, Haryana, submitted the Second Monitoring Agency Report (Report No. BWR/2026-27/IPM/ZEML/02) issued by Brickwork Ratings India Private Limited on May 15, 2026 under Monitoring Agency Agreement dated August 18, 2025. The report, prepared for the half-year ended March 31, 2026, confirmed no deviation from stated objects in the utilisation of IPO proceeds aggregating Rs. 78.34 crore raised through Fresh Issue and Offer for Sale. The submission supports continued IPO compliance under SEBI norms.
WIND & HYBRID POWER
8Borosil Renewables Q4 FY26 investor call transcript released; management discusses FY26 results amid solar glass headwinds
Borosil Renewables Limited released the transcript of its Q4 FY26 results conference call held on May 13, 2026, hosted by Axis Capital's Rohan Gheewala. The call featured Executive Chairman Mr. P. K. Kheruka, CEO Mr. Melwyn Moses and CFO Mr. Sunil Roongta who discussed the company's standalone and consolidated financial results for the year ended March 31, 2026 along with the fourth quarter performance. The company trades on BSE under code 502219 and on NSE as BORORENEW.
STORAGE & GREEN HYDROGEN
8TNERC drafts comprehensive BESS Regulations 2026 with 80% round-trip efficiency mandate and storage capacity charge
The Tamil Nadu Electricity Regulatory Commission released the Draft Tamil Nadu Electricity Regulatory Commission (Battery Energy Storage Systems) Regulations, 2026, a landmark 9-part regulatory framework covering procurement, tariff, technical standards, open access and ancillary services for Battery Energy Storage Systems across Tamil Nadu. The draft mandates a minimum Round-Trip Efficiency requirement and specifies a Minimum Capacity Utilisation Factor for RE-BESS projects, with tariff structures covering co-located solar, wind and conventional generators under Section 62 of the Electricity Act, 2003.
8GERC drafts 119-page Grid Interactive Distributed Renewable Energy Regulations 2026 replacing net metering rules of 2016
The Gujarat Electricity Regulatory Commission released a comprehensive 119-page Draft Regulation titled Gujarat Electricity Regulatory Commission (Grid Interactive Distributed Renewable Energy Sources) Regulations, 2026, set to repeal the GERC Net Metering Rooftop Solar PV Grid Interactive Systems Regulations, 2016. The draft, exercising powers under Sections 42, 61, 66, 86(1)(e) and 181 of the Electricity Act, 2003, covers Bidirectional Metering, Battery Energy Storage Systems, RESCO business models and various categories of distributed generation including prosumers and embedded generation units across Gujarat.
8MPERC seeks comments by June 9 on 2024 renewable grid regulation amendments under RG-39(II)
Madhya Pradesh Electricity Regulatory Commission issued a public notice for amendments to RG-39(II) of 2024. The draft concerns Grid Interactive Renewable Energy Systems and Related Matters Regulations. Stakeholders can submit comments until June 9, 2026 by post, email or fax. MPERC scheduled the public hearing for June 16, 2026 at 12:00 hrs in hybrid mode. The amendments aim to update Madhya Pradesh's renewable energy grid integration framework to align with national grid code updates.
POLICY & INCENTIVES
8MNRE approves Rs. 2,584.60 crore Small Hydro Power Development Scheme for 1-25 MW projects through FY 2030-31
The Ministry of New and Renewable Energy approved the Small Hydro Power Development Scheme for FY 2026-27 to FY 2030-31. The total financial outlay is Rs. 2,584.60 crore, including Rs. 96 crore committed liabilities from previous SHP schemes. The largest component is Rs. 2,532.60 crore CFA support for 1 MW to 25 MW SHP projects. Solar Energy Corporation of India Limited will act as the National Programme Implementing Agency. The scheme aims to accelerate small hydro project development in hilly and remote regions.
8Fujiyama Power Systems commissions 1 GW MonoPERC DCR solar cell facility eyeing Rs. 20,000 crore PM Surya Ghar Yojana opportunity
Fujiyama Power Systems Limited presented at an analysts and investors meet on May 15, 2026 highlighting its FY26 revenue from operations of Rs. 26,545 million, a 72.3% year-on-year jump. The company commissioned a 1 GW MonoPERC DCR solar cell manufacturing facility to tap into the Rs. 20,000 crore PM Surya Ghar Yojana opportunity, with 7 million-plus residential solar installations still untapped. The 1,200 MW TOPCon solar cell facility at Ratlam, Madhya Pradesh is being set up for an investment of around Rs. 350 crore.
8HPERC schedules May 20 public hearing on Generic Levellised Tariff for Biomass Gasifier power projects up to 5 MW for FY 2026-27
The Himachal Pradesh Electricity Regulatory Commission, Shimla, published a public notice dated May 12, 2026 announcing a public hearing on May 20, 2026 at 11:30 AM at HPERC's Shimla office in the matter of Suo-Motu Petition No. 04/2026 for determination of Generic Levellised Tariff for Biomass Gasifier based Power Projects up to 5 MW for FY 2026-27. A prior public notice was published on April 8, 2026 in The Tribune and Dainik Bhaskar, with last date for objections being May 11, 2026.
8PXIL revises May 2026 second REC trading session to May 29 due to Id-ul-Zuha bank holidays in Delhi and Mumbai
Power Exchange India Limited issued Circular No. PXIL/Operations/2026-2027/477 on May 12, 2026 to notify members that the second Renewable Energy Certificate trading session for May 2026 has been rescheduled from the standard last Wednesday (May 27, a Delhi bank holiday) and Thursday (May 28, a Mumbai bank holiday) to Friday, May 29, 2026, on account of Id-ul-Zuha. The revision was made pursuant to communication from GRID-INDIA dated May 12, 2026. Members can contact Market Operations for clarifications.
8India's captive power sector faces triple overhaul: Electricity Amendment Rules 2026, Draft NEP 2026 and evolving GST treatment of ITC
A detailed analysis published on May 15, 2026 outlines how India's captive power sector, governed for over two decades by the Electricity Act 2003 and Electricity Rules 2005, is undergoing simultaneous transformation across three fronts. The new Electricity (Amendment) Rules 2026 revise the mandatory 26% ownership and 51% consumption thresholds for captive generation, while the Draft National Electricity Policy 2026 sets new sector direction, and the GST framework's position on Input Tax Credit for capital expenditure on captive plants adds further commercial complexity. Details
NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION
May 18:
PPA SIGNING & APPROVAL
8UPERC sets July 16 hearing for UPPCL 10 MW bagasse power APPA with Tikaula Sugar Mills in Muzaffarnagar
UPPCL filed Petition No. 2378 of 2026 before UPERC for approval of an APPA dated February 21, 2026. The agreement concerns sale of 10 MW bagasse-based power from Tikaula Sugar Mills Limited. The power will come from a 16 MW unit at Village Tikaula, District Muzaffarnagar. UPERC listed the hearing for July 16, 2026 at 11:00 hrs. The petition supports bagasse-based cogeneration as part of Uttar Pradesh's renewable energy diversification beyond solar and wind power.
8HPERC reserves order on joint petition for Long-Term PPA approval between HPSEBL and Shree Khand Mahadev for 1.50 MW Bagipul project
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 189 of 2026 on May 15, 2026, a Joint Petition filed by HPSEBL and M/s Shree Khand Mahadev Hydro Energy Pvt. Ltd. under Section 86(1)(b) of the Electricity Act, 2003. The petition seeks approval of a Long-Term Power Purchase Agreement for the 1.50 MW Bagipul Hydro Electric Project located on Sarahan Nallah, a tributary of Kurpan Khad and of Satluj River, District Kullu, Himachal Pradesh, at Generic Levellised Tariff. The Commission reserved its order.
8HPERC admits Kundan Hydro plea to declare year-2000 PPA non-est; seeks fresh agreement for 4.50 MW Luni Hydro project
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 171 of 2026 on May 15, 2026 in the matter of M/s Kundan Hydro (LUNI) Pvt. Ltd. versus HPSEBL and State of HP. Filed under Sections 86(1)(a), (b), (e) and (f) of the Electricity Act, 2003, the petition seeks declaration that the Power Purchase Agreement dated May 31, 2000 between HPSEBL and Subhash Projects and Marketing Ltd. is non-est and unenforceable, and requests a fresh PPA for the entire 4.50 MW capacity of the Luni Hydro Electric Project at HPERC-determined tariff.
8Omish Solar PV files HPERC petition against HPSEBL for applying Rs. 3.38 per unit instead of Rs. 3.98 per unit tariff to 500 kW project
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 187 of 2026 on May 15, 2026 in the matter of M/s Omish Solar PV Project versus HPSEBL. The petitioner's 500 kW solar PV project at Village Danigurchal, Tehsil Nurpur, District Kangra, alleges that HPSEBL has wrongfully applied a tariff of Rs. 3.38 per unit as per tariff order dated July 22, 2021, instead of the applicable tariff of Rs. 3.98 per unit from the date of COD as per PPA dated October 9, 2020. HPSEBL sought two weeks for reply, with next hearing on June 19, 2026.
WORK ORDERS & SUPPLY CONTRACTS
8KSEB moves to gazette-notify 351-metre 66 kV multi-circuit line at Ambalamughal sub-station under Kalamassery Circle
Kerala State Electricity Board Limited initiated gazette notification procedures on May 14, 2026, for the construction of a 351-metre, 66 kV multi-circuit transmission line as part of the development of a new 220/66 kV system at the 220 kV Sub-Station at Ambalamughal compound under Transmission Circle, Kalamassery. The Deputy Chief Engineer (Transmission Circle, Kalamassery) forwarded the draft gazette notice to the Chief Engineer (IT & Customer Relations) at KSEB's Thiruvananthapuram headquarters for urgent publication in the Kerala Gazette.
8MePDCL cancels RFP for 11 kV and 33 kV fault passage indicators floated under Eastern Zone Distribution Circle
Meghalaya Power Distribution Corporation Limited issued a formal cancellation notice on May 14, 2026, withdrawing its Request for Proposal originally floated on April 28, 2026 under letter No. MePDCL/CE(D)/EZ/T-48/Pt-III/2026-27/1, for procurement of Master and Slave Fault Passage Indicators/Sensors (FSI/FPS) for 11 kV and 33 kV voltage levels under the Eastern Zone Distribution Circle. The cancellation, citing unavoidable reasons, was notified by the Chief Engineer (Distribution) Eastern Zone.
8MePDCL launches AI-powered WhatsApp chatbot and bulk SMS platform to modernise consumer communication in Meghalaya
Meghalaya Power Distribution Corporation Limited announced on May 13, 2026 its plan to deploy an integrated WhatsApp Business Messaging Solution, AI-based Chatbot and Bulk SMS platform to overhaul consumer communication. The initiative, driven by the Chief Engineer (Commercial), aims to deliver real-time billing information, payment confirmations, outage notifications and service alerts, improving collection efficiency and consumer transparency. Consumers were urged to share or update their WhatsApp numbers with MePDCL meter readers during the next billing cycle.
8Hindustan Power Exchange initiates reverse auction for CESC Limited covering thermal energy delivery from May 22 to 31
Hindustan Power Exchange Limited (formerly Pranurja Solutions Ltd) issued Circular No. HPX_RA_00956 on May 15, 2026 for a Single-Side Reverse Auction initiated by buyer CESC Limited. The auction covers thermal energy delivery from May 22 to May 31, 2026 in two daily blocks (00:00-04:00 hrs and 16:00-24:00 hrs), each requiring 50 MW minimum with 5 MW minimum bid quantity. Seller interest submission closes May 18 and e-Reverse Auction runs from 16:00 to 18:00 hrs on May 18, 2026.
CAPACITY COMMISSIONING
8Fujiyama Power Systems commissions 2,000 MW solar panel manufacturing facility at Ratlam; total capacity rises to 3,568 MW
Fujiyama Power Systems Limited announced on May 14, 2026 the commissioning of its 2,000 MW solar panel manufacturing facility at Ratlam, Madhya Pradesh as part of a greenfield expansion. With this addition, the company's total solar panel manufacturing capacity has reached 3,568 MW. The plant will initially operate at an annualised capacity of approximately 1,000 MW on single-shift basis, scaling up to full utilisation by Q4 FY27. Battery and inverter manufacturing lines at the same facility experienced delays due to geopolitical supply chain disruptions.
8CEA hosts SHANTI Act workshop with NTPC to chart India's 100 GW nuclear power roadmap by 2032
The Central Electricity Authority in association with the Ministry of Power and NTPC Limited organised a full-day workshop on April 17, 2026 at Scope Convention Centre, New Delhi, on the Sustainable Harnessing and Advancement of Nuclear Technology for India (SHANTI) Act, 2025 which received Presidential assent in December 2025. Discussions spanned 7 sessions including CEA's Long-Term National Resource Adequacy Plan, the criticality of Kalpakkam's 500 MW PFBR on April 6, 2026, and the commercial launch of 700 MW PHWR units at Kakrapar and Rawatbhata.
8HPERC grants Tidong Power interim connectivity for additional 50 MW from 3x50 MW Tidong-I HEP medium-term till June 2029
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 180 of 2026 on May 15, 2026 filed by M/s Tidong Power Generation Pvt. Ltd. seeking interim connectivity and Short-Term Open Access for an additional 50 MW from the 3x50 MW (150 MW) Tidong-I HEP. HPPCL's no-objection letter dated May 13, 2026 confirmed it has no objection to temporary utilisation for carrying 50 MW power on medium-term open access for a minimum 3 years up to June 30, 2029. Next hearing is on June 2, 2026.
EQUITY & STAKE ACQUISITION
8ICICI Bank offloads 24.35 crore shares or 3.55% stake in Jaiprakash Power Ventures; holding drops from 9.97% to 6.42%
ICICI Bank Limited disclosed on May 16, 2026 under SEBI Takeover Regulations that it sold an aggregate of 24,35,00,000 equity shares (face value Rs. 10 each) of Jaiprakash Power Ventures Ltd in multiple tranches, with the last tranche on May 15, 2026. This 3.55% divestment reduces ICICI Bank's stake from 68,33,61,064 shares (9.97%) to 43,98,61,064 shares (6.42%) of the company's issued and paid-up equity share capital. The transactions reflect ICICI Bank's continued stake reduction in the power producer.
8NCLT Bengaluru sanctions Kirloskar Electric merger of 4 wholly-owned subsidiaries with appointed date of April 1, 2024
Kirloskar Electric Company Limited, Peenya, Bengaluru, received on May 15, 2026 at 9:56 AM the NCLT Bengaluru Bench order dated April 30, 2026 (CP (CAA) No. 22/BB/2025) sanctioning the merger by absorption of four wholly-owned subsidiaries: KELBUZZ Trading Private Limited, Luxquisite Parkland Private Limited, SLPKG Estate Holdings Private Limited and SKG Terra Promenade Private Limited into KECL with effect from April 1, 2024, under Sections 230-232 of the Companies Act, 2013.
8Ola Electric approves investment in two wholly-owned subsidiaries OCT and OET with combined FY25 turnover of Rs. 4,790 crore
Ola Electric Mobility Limited announced on May 15, 2026 that its board approved proposed investments in two wholly-owned subsidiaries: Ola Cell Technologies Private Limited, which posted FY 2024-25 turnover of Rs. 73.00 crore, and Ola Electric Technologies Private Limited, which posted FY 2024-25 turnover of Rs. 4,717.48 crore. The 22-minute board meeting confirmed both transactions are on an arm's length basis with no promoter or promoter group interest. The investments support Ola's vertical integration in EV manufacturing.
8UHBVNL seeks HERC approval for 250 MW/500 MWh Haryana BESS procurement via SJVN with back-to-back BESA agreement
UHBVNL filed Petition No. 23 of 2026 for source approval of a 250 MW/500 MWh standalone BESS. The proposal includes a back-to-back Battery Energy Storage Sale Agreement with SJVN Limited. HERC allowed UHBVNL two weeks to file details sought in the April 30, 2026 interim order. The matter was listed for arguments on June 10, 2026. The procurement marks one of Haryana's largest battery storage tenders aimed at peak load management and renewable integration support.
8SJVN seeks HERC tariff adoption for 250 MW/500 MWh standalone BESS in Haryana with two-hour discharge cycle
SJVN Limited filed HERC Petition No. 28 of 2026 for adoption of tariff discovered through competitive bidding. The project is a 250 MW/500 MWh standalone Battery Energy Storage System in Haryana. Respondents include UHBVNL and Hardi Hydro Energy Private Limited. HERC sought justification on tariff competitiveness, two-hour discharge cycle, land support, and charge-discharge responsibility. The tariff adoption is critical for India's emerging battery storage market and supports peak management in Haryana.
8UPERC to hear UPPCL-MPPMCL 1,130 MWh battery storage joint procurement case on May 28 under 15-year competitive bid model
UPPCL filed Petition No. 2380 of 2026 for long-term joint procurement of battery storage energy. The proposal covers 1,130 MWh from Battery Energy Storage Systems through competitive bidding. UPPCL and Madhya Pradesh Power Management Company Limited are the joint procurers for a 15-year period. UPERC scheduled the admission hearing for May 28, 2026 at 11:00 hrs in Lucknow. The petition represents one of the largest BESS joint procurement initiatives between two state DISCOMs in India.
8Premier Energies shifts 4 GW solar PV cell project location from Ranga Reddy Telangana to Tirupati Andhra Pradesh per CRISIL report
Premier Energies Limited submitted its IPO Monitoring Agency Report for Q4 FY26 issued by CRISIL Ratings Limited (Report No. 1CRL/MAR/PRSSPL/2025-26/1743). The report disclosed a deviation from the original IPO object: the location of the 4 GW solar PV cell project under Object 1 was changed from Ranga Reddy District, Telangana to Tirupati District, Andhra Pradesh, pursuant to a special shareholder resolution dated April 6, 2025. The range of deviation was stated as not applicable. Details
8UPERC sets July 16 hearing for UPPCL 10 MW bagasse power APPA with Tikaula Sugar Mills in Muzaffarnagar
UPPCL filed Petition No. 2378 of 2026 before UPERC for approval of an APPA dated February 21, 2026. The agreement concerns sale of 10 MW bagasse-based power from Tikaula Sugar Mills Limited. The power will come from a 16 MW unit at Village Tikaula, District Muzaffarnagar. UPERC listed the hearing for July 16, 2026 at 11:00 hrs. The petition supports bagasse-based cogeneration as part of Uttar Pradesh's renewable energy diversification beyond solar and wind power.
8HPERC reserves order on joint petition for Long-Term PPA approval between HPSEBL and Shree Khand Mahadev for 1.50 MW Bagipul project
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 189 of 2026 on May 15, 2026, a Joint Petition filed by HPSEBL and M/s Shree Khand Mahadev Hydro Energy Pvt. Ltd. under Section 86(1)(b) of the Electricity Act, 2003. The petition seeks approval of a Long-Term Power Purchase Agreement for the 1.50 MW Bagipul Hydro Electric Project located on Sarahan Nallah, a tributary of Kurpan Khad and of Satluj River, District Kullu, Himachal Pradesh, at Generic Levellised Tariff. The Commission reserved its order.
8HPERC admits Kundan Hydro plea to declare year-2000 PPA non-est; seeks fresh agreement for 4.50 MW Luni Hydro project
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 171 of 2026 on May 15, 2026 in the matter of M/s Kundan Hydro (LUNI) Pvt. Ltd. versus HPSEBL and State of HP. Filed under Sections 86(1)(a), (b), (e) and (f) of the Electricity Act, 2003, the petition seeks declaration that the Power Purchase Agreement dated May 31, 2000 between HPSEBL and Subhash Projects and Marketing Ltd. is non-est and unenforceable, and requests a fresh PPA for the entire 4.50 MW capacity of the Luni Hydro Electric Project at HPERC-determined tariff.
8Omish Solar PV files HPERC petition against HPSEBL for applying Rs. 3.38 per unit instead of Rs. 3.98 per unit tariff to 500 kW project
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 187 of 2026 on May 15, 2026 in the matter of M/s Omish Solar PV Project versus HPSEBL. The petitioner's 500 kW solar PV project at Village Danigurchal, Tehsil Nurpur, District Kangra, alleges that HPSEBL has wrongfully applied a tariff of Rs. 3.38 per unit as per tariff order dated July 22, 2021, instead of the applicable tariff of Rs. 3.98 per unit from the date of COD as per PPA dated October 9, 2020. HPSEBL sought two weeks for reply, with next hearing on June 19, 2026.
WORK ORDERS & SUPPLY CONTRACTS
8KSEB moves to gazette-notify 351-metre 66 kV multi-circuit line at Ambalamughal sub-station under Kalamassery Circle
Kerala State Electricity Board Limited initiated gazette notification procedures on May 14, 2026, for the construction of a 351-metre, 66 kV multi-circuit transmission line as part of the development of a new 220/66 kV system at the 220 kV Sub-Station at Ambalamughal compound under Transmission Circle, Kalamassery. The Deputy Chief Engineer (Transmission Circle, Kalamassery) forwarded the draft gazette notice to the Chief Engineer (IT & Customer Relations) at KSEB's Thiruvananthapuram headquarters for urgent publication in the Kerala Gazette.
8MePDCL cancels RFP for 11 kV and 33 kV fault passage indicators floated under Eastern Zone Distribution Circle
Meghalaya Power Distribution Corporation Limited issued a formal cancellation notice on May 14, 2026, withdrawing its Request for Proposal originally floated on April 28, 2026 under letter No. MePDCL/CE(D)/EZ/T-48/Pt-III/2026-27/1, for procurement of Master and Slave Fault Passage Indicators/Sensors (FSI/FPS) for 11 kV and 33 kV voltage levels under the Eastern Zone Distribution Circle. The cancellation, citing unavoidable reasons, was notified by the Chief Engineer (Distribution) Eastern Zone.
8MePDCL launches AI-powered WhatsApp chatbot and bulk SMS platform to modernise consumer communication in Meghalaya
Meghalaya Power Distribution Corporation Limited announced on May 13, 2026 its plan to deploy an integrated WhatsApp Business Messaging Solution, AI-based Chatbot and Bulk SMS platform to overhaul consumer communication. The initiative, driven by the Chief Engineer (Commercial), aims to deliver real-time billing information, payment confirmations, outage notifications and service alerts, improving collection efficiency and consumer transparency. Consumers were urged to share or update their WhatsApp numbers with MePDCL meter readers during the next billing cycle.
8Hindustan Power Exchange initiates reverse auction for CESC Limited covering thermal energy delivery from May 22 to 31
Hindustan Power Exchange Limited (formerly Pranurja Solutions Ltd) issued Circular No. HPX_RA_00956 on May 15, 2026 for a Single-Side Reverse Auction initiated by buyer CESC Limited. The auction covers thermal energy delivery from May 22 to May 31, 2026 in two daily blocks (00:00-04:00 hrs and 16:00-24:00 hrs), each requiring 50 MW minimum with 5 MW minimum bid quantity. Seller interest submission closes May 18 and e-Reverse Auction runs from 16:00 to 18:00 hrs on May 18, 2026.
CAPACITY COMMISSIONING
8Fujiyama Power Systems commissions 2,000 MW solar panel manufacturing facility at Ratlam; total capacity rises to 3,568 MW
Fujiyama Power Systems Limited announced on May 14, 2026 the commissioning of its 2,000 MW solar panel manufacturing facility at Ratlam, Madhya Pradesh as part of a greenfield expansion. With this addition, the company's total solar panel manufacturing capacity has reached 3,568 MW. The plant will initially operate at an annualised capacity of approximately 1,000 MW on single-shift basis, scaling up to full utilisation by Q4 FY27. Battery and inverter manufacturing lines at the same facility experienced delays due to geopolitical supply chain disruptions.
8CEA hosts SHANTI Act workshop with NTPC to chart India's 100 GW nuclear power roadmap by 2032
The Central Electricity Authority in association with the Ministry of Power and NTPC Limited organised a full-day workshop on April 17, 2026 at Scope Convention Centre, New Delhi, on the Sustainable Harnessing and Advancement of Nuclear Technology for India (SHANTI) Act, 2025 which received Presidential assent in December 2025. Discussions spanned 7 sessions including CEA's Long-Term National Resource Adequacy Plan, the criticality of Kalpakkam's 500 MW PFBR on April 6, 2026, and the commercial launch of 700 MW PHWR units at Kakrapar and Rawatbhata.
8HPERC grants Tidong Power interim connectivity for additional 50 MW from 3x50 MW Tidong-I HEP medium-term till June 2029
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 180 of 2026 on May 15, 2026 filed by M/s Tidong Power Generation Pvt. Ltd. seeking interim connectivity and Short-Term Open Access for an additional 50 MW from the 3x50 MW (150 MW) Tidong-I HEP. HPPCL's no-objection letter dated May 13, 2026 confirmed it has no objection to temporary utilisation for carrying 50 MW power on medium-term open access for a minimum 3 years up to June 30, 2029. Next hearing is on June 2, 2026.
EQUITY & STAKE ACQUISITION
8ICICI Bank offloads 24.35 crore shares or 3.55% stake in Jaiprakash Power Ventures; holding drops from 9.97% to 6.42%
ICICI Bank Limited disclosed on May 16, 2026 under SEBI Takeover Regulations that it sold an aggregate of 24,35,00,000 equity shares (face value Rs. 10 each) of Jaiprakash Power Ventures Ltd in multiple tranches, with the last tranche on May 15, 2026. This 3.55% divestment reduces ICICI Bank's stake from 68,33,61,064 shares (9.97%) to 43,98,61,064 shares (6.42%) of the company's issued and paid-up equity share capital. The transactions reflect ICICI Bank's continued stake reduction in the power producer.
8NCLT Bengaluru sanctions Kirloskar Electric merger of 4 wholly-owned subsidiaries with appointed date of April 1, 2024
Kirloskar Electric Company Limited, Peenya, Bengaluru, received on May 15, 2026 at 9:56 AM the NCLT Bengaluru Bench order dated April 30, 2026 (CP (CAA) No. 22/BB/2025) sanctioning the merger by absorption of four wholly-owned subsidiaries: KELBUZZ Trading Private Limited, Luxquisite Parkland Private Limited, SLPKG Estate Holdings Private Limited and SKG Terra Promenade Private Limited into KECL with effect from April 1, 2024, under Sections 230-232 of the Companies Act, 2013.
8Ola Electric approves investment in two wholly-owned subsidiaries OCT and OET with combined FY25 turnover of Rs. 4,790 crore
Ola Electric Mobility Limited announced on May 15, 2026 that its board approved proposed investments in two wholly-owned subsidiaries: Ola Cell Technologies Private Limited, which posted FY 2024-25 turnover of Rs. 73.00 crore, and Ola Electric Technologies Private Limited, which posted FY 2024-25 turnover of Rs. 4,717.48 crore. The 22-minute board meeting confirmed both transactions are on an arm's length basis with no promoter or promoter group interest. The investments support Ola's vertical integration in EV manufacturing.
8UHBVNL seeks HERC approval for 250 MW/500 MWh Haryana BESS procurement via SJVN with back-to-back BESA agreement
UHBVNL filed Petition No. 23 of 2026 for source approval of a 250 MW/500 MWh standalone BESS. The proposal includes a back-to-back Battery Energy Storage Sale Agreement with SJVN Limited. HERC allowed UHBVNL two weeks to file details sought in the April 30, 2026 interim order. The matter was listed for arguments on June 10, 2026. The procurement marks one of Haryana's largest battery storage tenders aimed at peak load management and renewable integration support.
8SJVN seeks HERC tariff adoption for 250 MW/500 MWh standalone BESS in Haryana with two-hour discharge cycle
SJVN Limited filed HERC Petition No. 28 of 2026 for adoption of tariff discovered through competitive bidding. The project is a 250 MW/500 MWh standalone Battery Energy Storage System in Haryana. Respondents include UHBVNL and Hardi Hydro Energy Private Limited. HERC sought justification on tariff competitiveness, two-hour discharge cycle, land support, and charge-discharge responsibility. The tariff adoption is critical for India's emerging battery storage market and supports peak management in Haryana.
8UPERC to hear UPPCL-MPPMCL 1,130 MWh battery storage joint procurement case on May 28 under 15-year competitive bid model
UPPCL filed Petition No. 2380 of 2026 for long-term joint procurement of battery storage energy. The proposal covers 1,130 MWh from Battery Energy Storage Systems through competitive bidding. UPPCL and Madhya Pradesh Power Management Company Limited are the joint procurers for a 15-year period. UPERC scheduled the admission hearing for May 28, 2026 at 11:00 hrs in Lucknow. The petition represents one of the largest BESS joint procurement initiatives between two state DISCOMs in India.
8Premier Energies shifts 4 GW solar PV cell project location from Ranga Reddy Telangana to Tirupati Andhra Pradesh per CRISIL report
Premier Energies Limited submitted its IPO Monitoring Agency Report for Q4 FY26 issued by CRISIL Ratings Limited (Report No. 1CRL/MAR/PRSSPL/2025-26/1743). The report disclosed a deviation from the original IPO object: the location of the 4 GW solar PV cell project under Object 1 was changed from Ranga Reddy District, Telangana to Tirupati District, Andhra Pradesh, pursuant to a special shareholder resolution dated April 6, 2025. The range of deviation was stated as not applicable. Details
NEWS UPDATE: TARIFF & REGULATORY ORDERS
May 18:
COMMISSION ORDERS (CERC/SERC)
8CERC approves transmission charges for SR and ER Power Transmission's new inter-regional grid corridor linking 34+ entities
The Central Electricity Regulatory Commission on May 14, 2026, adopted transmission charges under Section 63 of the Electricity Act, 2003 for SR and ER Power Transmission Limited, a 100% wholly owned subsidiary of Power Grid Corporation of India Limited, for a new inter-regional transmission system. The order, passed under Petition No. 120/AT/2026, directly impacts power distribution across 34+ entities spanning six southern and eastern states, marking a significant step in India's One Nation One Grid mission.
8CERC upgrades Greenko Energies inter-state trading licence from Category III to Category I; firm now eligible to trade 7,000 MUs annually
The Central Electricity Regulatory Commission on May 14, 2026 upgraded Greenko Energies Private Limited's inter-state electricity trading licence from Category III to Category I under Petition No. 136/TD/2026. The Hyderabad-based company, which received its original licence in 2008, now has the authority to trade up to 7,000 Million Units of electricity annually, with a minimum net worth threshold of Rs. 50 crore required for such a licence upgrade. The move boosts India's green power trading ecosystem.
8CERC grants Category V inter-state trading licence to Pune-based Neufo Technologies; firm met Rs. 2 crore net worth threshold
The Central Electricity Regulatory Commission on May 14, 2026 granted a Category V inter-state trading licence to Neufo Technologies Private Limited, a Pune-based firm, under Petition No. 93/TD/2026. The company, which had a qualifying net worth of Rs. 2 crore and maintained the minimum current and liquidity ratio of 1:1 as required under CERC Trading Licence Regulations, 2020, received the licence to trade electricity across all of India. Public notices in The Times of India and Economic Times across multiple cities in February 2026 drew no objections.
8GERC admits GUVNL petition to adopt wind power tariff from 250 MW Phase X competitive bidding; Patel Infrastructure among respondents
Gujarat Urja Vikas Nigam Limited filed Petition No. 2645 of 2026 before GERC on May 15, 2026, seeking adoption of tariff discovered through Competitive Bidding under RfS No. GUVNL/250 MW/Wind (Phase X) dated September 26, 2025, for procurement of 250 MW of grid-connected wind power in Gujarat. The petition names Patel Infrastructure Limited, Alfanar Power Limited, K.P. Energy Limited and Powerica Limited as respondents. GERC, chaired by Pankaj Joshi, admitted the petition and is set to approve PPAs with selected developers.
8Gujarat DISCOMs seek GERC nod to slash supervision charges from 15% to 2.5% on consumer-installed equipment
In a major tariff rationalisation move, Dakshin Gujarat Vij Company Limited, along with co-petitioners Madhya, Uttar, and Paschim Gujarat Vij Companies, filed Petition No. 2604 of 2026 before GERC on May 14, 2026, seeking approval to levy supervision charges at 2.5% instead of the current 15% on estimated costs for consumer-erected equipment including Ring Main Units, Compact Sub-Stations, High Tension Metering Cubicles, Vacuum Circuit Breakers, and LT underground cables. The GERC bench, chaired by Pankaj Joshi, admitted the petition for detailed hearing.
8HERC asks HPPC to renegotiate 495 MW solar tariff discovered at Rs. 2.86 to Rs. 2.97 per kWh from seven developers
Haryana Power Purchase Centre sought HERC approval for 495 MW solar power procurement from seven developers under a 500 MW solar RfS floated on September 11, 2025. The discovered tariff ranged from Rs. 2.86 per kWh to Rs. 2.97 per kWh, which HERC observed appeared on the higher side. HPPC was directed to renegotiate and file a revised proposal within one week, with the next hearing scheduled for May 26, 2026. The order was issued under Section 63 of the Electricity Act, 2003.
8MPERC admits Rs. 175.60 crore ARR against MPIDC Mohasa Babai Rs. 192.82 crore FY27 claim; revenue surplus pegged at Rs. 33.35 crore
Madhya Pradesh Electricity Regulatory Commission issued the FY 2026-27 ARR and retail tariff order for MPIDC Industrial Area Mohasa Babai. MPIDC claimed an ARR of Rs. 192.82 crore, while the Commission admitted Rs. 175.60 crore after prudence checks. The petitioner projected sales of 369.79 MU, while MPERC admitted 365.23 MU for FY 2026-27. Revenue from sale of power was claimed at Rs. 211.83 crore, while MPERC admitted Rs. 208.95 crore, resulting in a surplus of Rs. 33.35 crore.
8PSPCL seeks PSERC nod for 100 MW paddy-straw power procurement at Rs. 4.50 per kWh from co-generation plants
Punjab State Power Corporation Limited filed Petition No. 39 of 2026 before PSERC for 100 MW surplus power procurement. The project is tied to 100% paddy straw-based co-generation plants located within Punjab. PSPCL proposed a generic levelized tariff of Rs. 4.50 per kWh and was asked to justify the MoU route instead of competitive bidding. PSERC admitted the petition and listed the matter for hearing on May 20, 2026 at 11:30 AM. The petition supports Punjab's stubble burning mitigation efforts.
8JERC issues FY 2024-25 true-up order for Puducherry Electricity Department; total sales of 3,128 MU reviewed
Joint Electricity Regulatory Commission issued the FY 2024-25 true-up order for the Electricity Department, Government of Puducherry. The order records total sales of 3,128 MU and ex-bus requirement of 3,393 MU in the true-up analysis. The document reviews power purchase cost, O&M expenses, depreciation, interest, return on equity and revenue gap or surplus. It was issued on May 14, 2026 under Petition No. 171/2026, with detailed component-wise scrutiny of each cost head and revenue allowance.
8JSERC issues corrigendum to DVC tariff order correcting typographical error in MYT period regulations citation for FY 2026-31
The Jharkhand State Electricity Regulatory Commission issued a corrigendum on May 15, 2026 to its Tariff Order dated March 30, 2026, covering the True-up for FY 2024-25, Annual Performance Review for FY 2025-26, Annual Revenue Requirement for the Multi-Year Tariff Period FY 2026-27 to FY 2030-31, and determination of tariff for FY 2026-27 for Damodar Valley Corporation. The corrigendum corrects a typographical error in Chapter 12 (pages 269-274) where references to Regulations 2020 should be read as Regulations 2025.
REGULATORY PETITION & REVIEW
8GERC hears GUVNL plea to extend WYN Renewables PPA performance bank guarantee ahead of May 17 expiry
The Gujarat Electricity Regulatory Commission on May 15, 2026 heard Interlocutory Application No. 22 of 2026 filed by Gujarat Urja Vikas Nigam Limited seeking extension of the Performance Bank Guarantee furnished by M/s WYN Renewables Private Limited under a Power Purchase Agreement dated May 10, 2023. The PBG was set to expire on May 17, 2026, while the main Petition No. 2571 of 2025 remains pending adjudication. Earlier Commission orders restrained GUVNL from terminating the PPA.
8Morjar Renewables moves GERC to block invocation of Rs. 6 crore bank guarantee by GETCO over 200 MW hybrid project
M/s Morjar Renewables Pvt. Limited filed Petition No. 2628 of 2026 before GERC on May 14, 2026, challenging GETCO's threatened invocation of a Rs. 6 crore Bank Guarantee furnished for Stage-II connectivity for its 200 MW Hybrid captive energy project. The petitioner had obtained Stage-I and Stage-II connectivity approvals in January and April 2023 respectively, but the connectivity was revoked on September 16, 2023, over a notarised versus registered lease deed issue, followed by an October 2025 threat to invoke the guarantee which the company has contested as illegal.
8Renewable SPVs challenge GETCO Rs. 20 lakh per MW ATS guarantee clause for 373 MW hybrid projects at 220 kV Mota Asarana
M/s Epipremnum Aureum Renewables Pvt. Limited along with co-petitioner M/s Panthera Leo Persica Renewables Pvt. Limited filed Petition No. 2626 of 2026 before GERC on May 14, 2026, challenging Clause 5.7(iv) of GETCO's Connectivity Procedure, 2025, which mandates an Additional Transmission System Bank Guarantee of Rs. 20 lakh per MW. The petitioners have applied for connectivity for 201 MW and 102 MW Wind-Solar hybrid projects and a 70 MW solar project at the 220 kV Mota Asarana Pooling Station.
8GERC to re-examine UGVCL review plea against Shekhani Industries over Solar Policy 2015 vs 2021 banking charge dispute
The Gujarat Electricity Regulatory Commission on May 14, 2026 took up Review Petition No. 44 of 2025 filed by Uttar Gujarat Vij Company Limited challenging its own earlier Order dated August 8, 2025, in Petition No. 2155 of 2022 involving Sekhani Industries Pvt. Limited. UGVCL contended that the Commission, while ruling that UGVCL had no role in delaying the plant's commissioning on June 28, 2021, went beyond the pleadings by examining the interconnection agreement and its consistency with GERC Net Metering Regulations 2020.
8DOMS Industries fights DGVCL at GERC for 180-day exclusion and refund on 2000 KVA connection delayed by sub-station shifting
DOMS Industries Limited filed Petition No. 2631 of 2026 before GERC on May 14, 2026, seeking exclusion of the delay period caused by DGVCL's Control Room Shifting works at the 66 kV Umbergaon Sub-Station from the 180-day timeline under Option-III, and consequently demanding refund of excess minimum demand charges. The manufacturer, which applied for a 2000 KVA power connection on June 6, 2024, argued that DGVCL's construction activities requiring a 3.60 km 66 kV underground cable line directly prevented site access.
8HPERC admits Batot Hydro Power petition seeking Rs. 59.38 lakh delayed payment penalty from HPSEBL; next hearing June 19
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 148 of 2026 on May 15, 2026 in the matter of M/s Batot Hydro Power Ltd. versus HPSEBL, filed under Section 86(1)(f) of the Electricity Act, 2003 read with Regulation 75 of HPERC Conduct of Business Regulations, 2024. The petitioner seeks delayed payment penalty of Rs. 59,38,596 from the respondent. HPSEBL's Authorised Representative Sh. Kamlesh Saklani waived notice and sought two weeks for reply. The matter is listed for hearing on June 19, 2026 at 11:00 AM.
8HERC orders Amplus Sun 50 MW Khanak solar project tariff review with 0.50% annual degradation benchmark
HERC reviewed the tariff matter for Amplus Sun Solutions Private Limited's 50 MW solar project at Khanak, Bhiwani. The matter links Review Petition No. 7 of 2025, Petition No. 20 of 2026 and APTEL Appeal No. 362 of 2025. The Commission directed parties to agree on an independent agency for assessment using 0.50% annual degradation. The next hearing was fixed for May 26, 2026, with tariff determination to follow under Section 62 of the Electricity Act, 2003 for the Tosham, Bhiwani-located project.
8UPERC lists UPPCL-UPNEDA 2,553.5 MW feeder solarisation PPA case for June 18 hearing under RESCO mode
UPERC issued notice for Petition No. 2377 of 2026 filed by UPNEDA and UPPCL. The petition seeks approval of PPAs for grid-connected solar plants on segregated agriculture feeders. The cumulative capacity is 2,553.5 MW under RESCO mode feeder-level solarisation. The hearing is scheduled for June 18, 2026 at 11:00 hrs in Lucknow. The project aims to support agricultural feeder solarisation and provide daytime power supply to farmers across Uttar Pradesh under the PM-KUSUM and state schemes. Details
8CERC approves transmission charges for SR and ER Power Transmission's new inter-regional grid corridor linking 34+ entities
The Central Electricity Regulatory Commission on May 14, 2026, adopted transmission charges under Section 63 of the Electricity Act, 2003 for SR and ER Power Transmission Limited, a 100% wholly owned subsidiary of Power Grid Corporation of India Limited, for a new inter-regional transmission system. The order, passed under Petition No. 120/AT/2026, directly impacts power distribution across 34+ entities spanning six southern and eastern states, marking a significant step in India's One Nation One Grid mission.
8CERC upgrades Greenko Energies inter-state trading licence from Category III to Category I; firm now eligible to trade 7,000 MUs annually
The Central Electricity Regulatory Commission on May 14, 2026 upgraded Greenko Energies Private Limited's inter-state electricity trading licence from Category III to Category I under Petition No. 136/TD/2026. The Hyderabad-based company, which received its original licence in 2008, now has the authority to trade up to 7,000 Million Units of electricity annually, with a minimum net worth threshold of Rs. 50 crore required for such a licence upgrade. The move boosts India's green power trading ecosystem.
8CERC grants Category V inter-state trading licence to Pune-based Neufo Technologies; firm met Rs. 2 crore net worth threshold
The Central Electricity Regulatory Commission on May 14, 2026 granted a Category V inter-state trading licence to Neufo Technologies Private Limited, a Pune-based firm, under Petition No. 93/TD/2026. The company, which had a qualifying net worth of Rs. 2 crore and maintained the minimum current and liquidity ratio of 1:1 as required under CERC Trading Licence Regulations, 2020, received the licence to trade electricity across all of India. Public notices in The Times of India and Economic Times across multiple cities in February 2026 drew no objections.
8GERC admits GUVNL petition to adopt wind power tariff from 250 MW Phase X competitive bidding; Patel Infrastructure among respondents
Gujarat Urja Vikas Nigam Limited filed Petition No. 2645 of 2026 before GERC on May 15, 2026, seeking adoption of tariff discovered through Competitive Bidding under RfS No. GUVNL/250 MW/Wind (Phase X) dated September 26, 2025, for procurement of 250 MW of grid-connected wind power in Gujarat. The petition names Patel Infrastructure Limited, Alfanar Power Limited, K.P. Energy Limited and Powerica Limited as respondents. GERC, chaired by Pankaj Joshi, admitted the petition and is set to approve PPAs with selected developers.
8Gujarat DISCOMs seek GERC nod to slash supervision charges from 15% to 2.5% on consumer-installed equipment
In a major tariff rationalisation move, Dakshin Gujarat Vij Company Limited, along with co-petitioners Madhya, Uttar, and Paschim Gujarat Vij Companies, filed Petition No. 2604 of 2026 before GERC on May 14, 2026, seeking approval to levy supervision charges at 2.5% instead of the current 15% on estimated costs for consumer-erected equipment including Ring Main Units, Compact Sub-Stations, High Tension Metering Cubicles, Vacuum Circuit Breakers, and LT underground cables. The GERC bench, chaired by Pankaj Joshi, admitted the petition for detailed hearing.
8HERC asks HPPC to renegotiate 495 MW solar tariff discovered at Rs. 2.86 to Rs. 2.97 per kWh from seven developers
Haryana Power Purchase Centre sought HERC approval for 495 MW solar power procurement from seven developers under a 500 MW solar RfS floated on September 11, 2025. The discovered tariff ranged from Rs. 2.86 per kWh to Rs. 2.97 per kWh, which HERC observed appeared on the higher side. HPPC was directed to renegotiate and file a revised proposal within one week, with the next hearing scheduled for May 26, 2026. The order was issued under Section 63 of the Electricity Act, 2003.
8MPERC admits Rs. 175.60 crore ARR against MPIDC Mohasa Babai Rs. 192.82 crore FY27 claim; revenue surplus pegged at Rs. 33.35 crore
Madhya Pradesh Electricity Regulatory Commission issued the FY 2026-27 ARR and retail tariff order for MPIDC Industrial Area Mohasa Babai. MPIDC claimed an ARR of Rs. 192.82 crore, while the Commission admitted Rs. 175.60 crore after prudence checks. The petitioner projected sales of 369.79 MU, while MPERC admitted 365.23 MU for FY 2026-27. Revenue from sale of power was claimed at Rs. 211.83 crore, while MPERC admitted Rs. 208.95 crore, resulting in a surplus of Rs. 33.35 crore.
8PSPCL seeks PSERC nod for 100 MW paddy-straw power procurement at Rs. 4.50 per kWh from co-generation plants
Punjab State Power Corporation Limited filed Petition No. 39 of 2026 before PSERC for 100 MW surplus power procurement. The project is tied to 100% paddy straw-based co-generation plants located within Punjab. PSPCL proposed a generic levelized tariff of Rs. 4.50 per kWh and was asked to justify the MoU route instead of competitive bidding. PSERC admitted the petition and listed the matter for hearing on May 20, 2026 at 11:30 AM. The petition supports Punjab's stubble burning mitigation efforts.
8JERC issues FY 2024-25 true-up order for Puducherry Electricity Department; total sales of 3,128 MU reviewed
Joint Electricity Regulatory Commission issued the FY 2024-25 true-up order for the Electricity Department, Government of Puducherry. The order records total sales of 3,128 MU and ex-bus requirement of 3,393 MU in the true-up analysis. The document reviews power purchase cost, O&M expenses, depreciation, interest, return on equity and revenue gap or surplus. It was issued on May 14, 2026 under Petition No. 171/2026, with detailed component-wise scrutiny of each cost head and revenue allowance.
8JSERC issues corrigendum to DVC tariff order correcting typographical error in MYT period regulations citation for FY 2026-31
The Jharkhand State Electricity Regulatory Commission issued a corrigendum on May 15, 2026 to its Tariff Order dated March 30, 2026, covering the True-up for FY 2024-25, Annual Performance Review for FY 2025-26, Annual Revenue Requirement for the Multi-Year Tariff Period FY 2026-27 to FY 2030-31, and determination of tariff for FY 2026-27 for Damodar Valley Corporation. The corrigendum corrects a typographical error in Chapter 12 (pages 269-274) where references to Regulations 2020 should be read as Regulations 2025.
REGULATORY PETITION & REVIEW
8GERC hears GUVNL plea to extend WYN Renewables PPA performance bank guarantee ahead of May 17 expiry
The Gujarat Electricity Regulatory Commission on May 15, 2026 heard Interlocutory Application No. 22 of 2026 filed by Gujarat Urja Vikas Nigam Limited seeking extension of the Performance Bank Guarantee furnished by M/s WYN Renewables Private Limited under a Power Purchase Agreement dated May 10, 2023. The PBG was set to expire on May 17, 2026, while the main Petition No. 2571 of 2025 remains pending adjudication. Earlier Commission orders restrained GUVNL from terminating the PPA.
8Morjar Renewables moves GERC to block invocation of Rs. 6 crore bank guarantee by GETCO over 200 MW hybrid project
M/s Morjar Renewables Pvt. Limited filed Petition No. 2628 of 2026 before GERC on May 14, 2026, challenging GETCO's threatened invocation of a Rs. 6 crore Bank Guarantee furnished for Stage-II connectivity for its 200 MW Hybrid captive energy project. The petitioner had obtained Stage-I and Stage-II connectivity approvals in January and April 2023 respectively, but the connectivity was revoked on September 16, 2023, over a notarised versus registered lease deed issue, followed by an October 2025 threat to invoke the guarantee which the company has contested as illegal.
8Renewable SPVs challenge GETCO Rs. 20 lakh per MW ATS guarantee clause for 373 MW hybrid projects at 220 kV Mota Asarana
M/s Epipremnum Aureum Renewables Pvt. Limited along with co-petitioner M/s Panthera Leo Persica Renewables Pvt. Limited filed Petition No. 2626 of 2026 before GERC on May 14, 2026, challenging Clause 5.7(iv) of GETCO's Connectivity Procedure, 2025, which mandates an Additional Transmission System Bank Guarantee of Rs. 20 lakh per MW. The petitioners have applied for connectivity for 201 MW and 102 MW Wind-Solar hybrid projects and a 70 MW solar project at the 220 kV Mota Asarana Pooling Station.
8GERC to re-examine UGVCL review plea against Shekhani Industries over Solar Policy 2015 vs 2021 banking charge dispute
The Gujarat Electricity Regulatory Commission on May 14, 2026 took up Review Petition No. 44 of 2025 filed by Uttar Gujarat Vij Company Limited challenging its own earlier Order dated August 8, 2025, in Petition No. 2155 of 2022 involving Sekhani Industries Pvt. Limited. UGVCL contended that the Commission, while ruling that UGVCL had no role in delaying the plant's commissioning on June 28, 2021, went beyond the pleadings by examining the interconnection agreement and its consistency with GERC Net Metering Regulations 2020.
8DOMS Industries fights DGVCL at GERC for 180-day exclusion and refund on 2000 KVA connection delayed by sub-station shifting
DOMS Industries Limited filed Petition No. 2631 of 2026 before GERC on May 14, 2026, seeking exclusion of the delay period caused by DGVCL's Control Room Shifting works at the 66 kV Umbergaon Sub-Station from the 180-day timeline under Option-III, and consequently demanding refund of excess minimum demand charges. The manufacturer, which applied for a 2000 KVA power connection on June 6, 2024, argued that DGVCL's construction activities requiring a 3.60 km 66 kV underground cable line directly prevented site access.
8HPERC admits Batot Hydro Power petition seeking Rs. 59.38 lakh delayed payment penalty from HPSEBL; next hearing June 19
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 148 of 2026 on May 15, 2026 in the matter of M/s Batot Hydro Power Ltd. versus HPSEBL, filed under Section 86(1)(f) of the Electricity Act, 2003 read with Regulation 75 of HPERC Conduct of Business Regulations, 2024. The petitioner seeks delayed payment penalty of Rs. 59,38,596 from the respondent. HPSEBL's Authorised Representative Sh. Kamlesh Saklani waived notice and sought two weeks for reply. The matter is listed for hearing on June 19, 2026 at 11:00 AM.
8HERC orders Amplus Sun 50 MW Khanak solar project tariff review with 0.50% annual degradation benchmark
HERC reviewed the tariff matter for Amplus Sun Solutions Private Limited's 50 MW solar project at Khanak, Bhiwani. The matter links Review Petition No. 7 of 2025, Petition No. 20 of 2026 and APTEL Appeal No. 362 of 2025. The Commission directed parties to agree on an independent agency for assessment using 0.50% annual degradation. The next hearing was fixed for May 26, 2026, with tariff determination to follow under Section 62 of the Electricity Act, 2003 for the Tosham, Bhiwani-located project.
8UPERC lists UPPCL-UPNEDA 2,553.5 MW feeder solarisation PPA case for June 18 hearing under RESCO mode
UPERC issued notice for Petition No. 2377 of 2026 filed by UPNEDA and UPPCL. The petition seeks approval of PPAs for grid-connected solar plants on segregated agriculture feeders. The cumulative capacity is 2,553.5 MW under RESCO mode feeder-level solarisation. The hearing is scheduled for June 18, 2026 at 11:00 hrs in Lucknow. The project aims to support agricultural feeder solarisation and provide daytime power supply to farmers across Uttar Pradesh under the PM-KUSUM and state schemes. Details
NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE
May 18:
QUARTERLY RESULTS
8Solar Industries India posts Q4 FY26 sales surge of 41% to Rs. 3,053 crore; defence revenue jumps 134% YoY
Solar Industries India Limited released its Q4 FY26 investor fact sheet showing quarterly net sales of Rs. 3,053 crore, up 41% from Rs. 2,167 crore in Q4 FY25. PAT jumped 61% to Rs. 556 crore and EBITDA rose 59% to Rs. 870 crore. The defence segment was the standout performer, surging 134% year-on-year to Rs. 1,008 crore and accounting for 33% of quarterly revenues, while international and overseas revenues grew 32% to Rs. 1,006 crore.
8Fujiyama Power Systems Q4 FY26 revenue climbs 87.5% to Rs. 9,008 million; PAT surges 107.5% to Rs. 1,063 million
Fujiyama Power Systems Limited announced its Q4 FY26 results with revenue from operations at Rs. 9,008 million, up 87.5% year-on-year from Rs. 4,803 million in Q4 FY25. EBITDA jumped 116.9% to Rs. 1,715 million with a margin of 19.0%, while PAT surged 107.5% to Rs. 1,063 million. FY26 full-year revenue reached Rs. 26,545 million (up 72.3%), supported by over 8,900 channel partners and a 1,200 MW TOPCon solar cell facility being set up at Ratlam, Madhya Pradesh.
8G R Infraprojects reports Q4 FY26 revenue of Rs. 2,521 crore, up 27% YoY; EBITDA margin compresses to 11%
G R Infraprojects Limited released the transcript of its Q4 FY26 earnings conference call held on May 12, 2026, hosted by HDFC Securities. CMD Ajendra Kumar Agarwal disclosed Q4 FY26 revenue from operations of approximately Rs. 2,521 crore, representing 27% year-on-year growth. However, adjusted EBITDA margin fell to approximately 11% from 15.5% in the comparable prior period, due to geopolitical uncertainty, supply chain pressures, commodity price volatility and global trade disruptions. The company repaid debt during the year as part of its financial discipline strategy.
8Orient Electric posts 10% Q4 FY26 revenue growth to Rs. 948 crore amid commodity inflation and labour shortage
Orient Electric Limited, a CKA Birla Group company, released the transcript of its Q4 FY26 earnings conference call hosted by Ambit Capital on May 8, 2026. MD and CEO Ravindra Singh Negi disclosed revenue from operations of Rs. 948 crore, up 10% year-on-year, amid headwinds including persistent commodity inflation, labour shortage, gas supply disruptions from the West Asia crisis, unseasonal rains slowing cooling product demand and elevated channel inventory prompting cautious dealer replenishment. Despite challenges, EBITDA margins improved further in the quarter.
8Empower India files unaudited Q3 FY26 financial results for period ended December 31, 2025 with limited review report
Empower India Limited, listed at Mumbai's Nawab Building, Fort, submitted its standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025 to BSE on May 15, 2026. The submission includes a Limited Review Report from Nagadheep Sathyanarayana & Co., Chartered Accountants, Bengaluru, following board approval of the outcome dated February 13, 2026. The company trades under BSE Scrip Code 504351 and Scrip ID EMPOWER.
ANNUAL RESULTS
8Solar Industries India achieves highest-ever FY26 sales of Rs. 9,838 crore, up 30%; PAT rises 35% to Rs. 1,737 crore
Solar Industries India Limited announced record FY26 results on May 15, 2026: net revenue of Rs. 9,838 crore (up 30% YoY), EBITDA of Rs. 2,750 crore (up 35%, margin 27.95%), PBT of Rs. 2,365 crore (up 36%) and PAT of Rs. 1,737 crore (up 35%, margin 17.65%). The Defence vertical delivered the highest-ever quarterly revenue of Rs. 1,008 crore and annual defence revenue of Rs. 2,634 crore (up 94%), with management guiding for defence revenue exceeding Rs. 4,500 crore in FY27. Order book stands at Rs. 21,300 crore.
8Fujiyama Power Systems FY26 revenue jumps 72.3% to Rs. 26,545 million; commissions 1 GW MonoPERC DCR solar cell facility
Fujiyama Power Systems Limited presented at an analysts and investors meet on May 15, 2026 highlighting its FY26 revenue from operations of Rs. 26,545 million, a 72.3% year-on-year jump from Rs. 15,407 million. The company commissioned a 1 GW MonoPERC DCR solar cell manufacturing facility to tap into the Rs. 20,000 crore PM Surya Ghar Yojana opportunity, with 7 million-plus residential solar installations still untapped. Q4 FY26 PAT surged 107.5% to Rs. 1,063 million and EBITDA margin reached 19.0%.
8SJVN issues corrigendum to FY26 financial results correcting typographical error labelling figures as Unaudited at three places
SJVN Limited, a Navratna CPSE and joint venture of Government of India and Government of Himachal Pradesh, issued a corrigendum on May 16, 2026 to its FY26 and Q4 financial results submitted on May 15, 2026. Three inadvertent typographical errors were identified at pages 11, 20 and 24 where the headings should read Audited instead of Unaudited. No financial figures, audit report, disclosures or other information were changed. The company's CIN is L40101HP1988GOI008409 and it trades on NSE as SJVN-EQ.
8Jaiprakash Power Ventures reports FY26 total income of Rs. 5,790.85 crore and net worth of Rs. 12,721 crore as on March 31
Jaiprakash Power Ventures Limited announced on May 16, 2026 that its Board of Directors, at a 50-minute meeting from 4:00 PM to 4:50 PM, approved surrendering two coal mines to the concerned government authority subject to lender approvals. The Amelia (North) Coal Mine held total assets of Rs. 222.16 crore, while the Bandha North Coal Mine had an investment value of Rs. 92.52 crore as on March 31, 2026 against the company's net worth of Rs. 12,721 crore and total income of Rs. 5,790.85 crore.
DIVIDEND & BOARD DECISIONS
8Solar Industries India recommends final dividend of Rs. 11 per equity share at 550% payout for FY 2025-26
Solar Industries India Limited announced its audited FY26 results on May 15, 2026, reporting net sales of Rs. 9,838 crore, up 30% year-on-year from Rs. 7,540 crore. Full year PAT rose 35% to Rs. 1,737 crore, while EBITDA climbed 35% to Rs. 2,750 crore with a margin of 27.95%. The board also recommended a final dividend of Rs. 11 per equity share (550% on the face value of Rs. 2) for FY 2025-26, rewarding shareholders amid the company's strong financial performance and growing defence segment contribution.
8Premier Energies board approves Rs. 5,000 crore QIP fundraise; appoints Hitesh Kumar Jain as new Company Secretary
Hyderabad-based Premier Energies Limited announced on May 15, 2026 that its board approved raising up to Rs. 5,000 crore through Qualified Institutional Placement or other permissible modes. In the same meeting, the board noted the resignation of Company Secretary Mr. Ravella Sreenivasarao and appointed Mr. Hitesh Kumar Jain (ICSI No. A24341) as the new Compliance Officer effective May 16, 2026. The company trades on BSE under code 544238 and on NSE as PREMIERENE.
8Power Finance Corporation board approves merger of REC into PFC; seeks President of India approval to preserve government status
Power Finance Corporation Limited disclosed on May 16, 2026 that its Board has reserved the proposal for merger of REC Limited into PFC under Sections 230-232 of the Companies Act, 2013, and authorised the CMD to seek the Hon'ble President of India's approval. The merger exchange ratio is to be determined by duly appointed valuers. Upon completion, all assets and liabilities of REC will transfer to PFC, and REC will stand dissolved. The trading window for PFC equity shares and listed debt securities continues to remain closed until further orders.
8REC Limited board approves merger into Power Finance Corporation; merged entity to retain government company status
REC Limited, a Maharatna Government of India enterprise, disclosed on May 16, 2026 that its board has reserved the proposal for merger of REC into Power Finance Corporation Limited under Sections 230-232 of the Companies Act, 2013 and authorised its CMD to seek approval of the Hon'ble President of India. Post-merger, all assets and liabilities of REC will transfer to PFC, with the merged entity required to retain its status as a Government Company. REC trades on NSE as RECLTD and on BSE under code 532955.
8Jaiprakash Power Ventures board approves surrender of two coal mines worth Rs. 314.68 crore in book value subject to lender approval
Jaiprakash Power Ventures Limited announced that its Board approved surrendering the Amelia (North) Coal Mine (total assets Rs. 222.16 crore, including net tangible assets Rs. 129.58 crore, intangible mining rights Rs. 78.93 crore and CWIP Rs. 13.65 crore) and the Bandha North Coal Mine (investment value Rs. 92.52 crore). The surrender is subject to lender approvals and concerned government authority clearance. The decision was taken at a 50-minute meeting on May 16, 2026 against the company's net worth of Rs. 12,721 crore.
8KPI Green Energy appoints Rajesh Shrivastava as Whole-Time Director for 5 years; veteran handled 30 GW+ power projects
KPI Green Energy Limited held a 27-minute board meeting on May 15, 2026 and approved the appointment of Mr. Rajesh Shrivastava (DIN: 08757239) as Additional Director and Whole-Time Director for 5 years, and re-appointment of Mrs. Venu Birappa as Independent Director for a second term of 5 consecutive years effective August 3, 2026. Mr. Shrivastava brings nearly 37 years of experience across power, infrastructure and renewable energy sectors, having been associated with more than 30 GW of power projects including over 10 GW of renewables.
8Solar Industries India appoints former IRS officer Reena Jha Tripathi as Independent Director for 5-year term
Solar Industries India Limited appointed Smt. Reena Jha Tripathi (DIN: 11022528) as an Additional Non-Executive Independent Director for a first term of 5 years effective May 15, 2026. A 1988-batch IRS officer who superannuated in January 2025 at Level 17 (Apex Scale) after 36-plus years in tax administration, she holds executive education credentials from IIM Bangalore, Syracuse University and Hull Business School. The company trades on NSE as SOLARINDS and BSE under code 532725.
EARNINGS CALL & ANALYST MEET
8Hitachi Energy India schedules May 26 Investor Day in Mumbai; board meets May 25 for FY26 audited results
Hitachi Energy India Limited announced on May 15, 2026 that its board will meet on May 25, 2026 to consider audited financial results and dividend recommendation for FY ended March 31, 2026. An investor and analyst conference call is set for May 26, 2026 from 12:00 to 13:00 IST, with Managing Director Mr. N Venu and CFO Mr. Ajay Singh participating, accessible via toll-free numbers from India, USA, UK, Singapore and Hong Kong. The company also hosts its Powering India's Next 25 Investor Day event on the same date.
8Ola Electric reschedules Q4 FY26 board meeting from May 18 to May 20, 2026; earnings call shifted to 5:00 PM IST
Ola Electric Mobility Limited informed exchanges on May 16, 2026 that its board meeting to consider audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, originally scheduled for May 18, has been rescheduled to Wednesday, May 20, 2026. The earnings conference call has also been rescheduled to May 20 at 5:00 PM IST featuring Founder, Chairman and Managing Director Mr. Bhavish Aggarwal and CFO Mr. Deepak Rastogi via Diamond Pass Link through the Ola Zoom platform.
8Power Mech Projects schedules May 20 board meeting to approve Q4 and FY26 audited results and dividend recommendation
Power Mech Projects Limited informed BSE and NSE on May 15, 2026 that its Board of Directors meeting is scheduled for Wednesday, May 20, 2026, to consider and approve audited standalone and consolidated financial results and balance sheet for Q4 and FY ended March 31, 2026, and to recommend dividend, if any, for FY 2025-26. The trading window has been closed since April 1, 2026 and will remain closed until May 22, 2026 inclusive, as communicated in the company's letter dated March 25, 2026.
CREDIT RATING & ANALYST REPORT
8CARE Ratings confirms zero deviation in Inox Wind Rs. 1,249.33 crore rights issue utilisation for quarter ended March 31, 2026
Inox Wind Limited submitted the Monitoring Agency Report for Q4 FY26 issued by CARE Ratings Limited (Report No. CARE/NRO/GEN/2026-27/1046), in relation to utilisation of proceeds raised through its Rights Issue aggregating Rs. 1,249.33 crore, under Monitoring Agency Agreement dated July 17, 2025. The report confirmed zero deviation from the stated objects and was reviewed and approved by the Audit Committee and Board at their meetings held on May 14, 2026. The company trades on BSE under code 539083 and NSE as INOXWIND. Details
8Solar Industries India posts Q4 FY26 sales surge of 41% to Rs. 3,053 crore; defence revenue jumps 134% YoY
Solar Industries India Limited released its Q4 FY26 investor fact sheet showing quarterly net sales of Rs. 3,053 crore, up 41% from Rs. 2,167 crore in Q4 FY25. PAT jumped 61% to Rs. 556 crore and EBITDA rose 59% to Rs. 870 crore. The defence segment was the standout performer, surging 134% year-on-year to Rs. 1,008 crore and accounting for 33% of quarterly revenues, while international and overseas revenues grew 32% to Rs. 1,006 crore.
8Fujiyama Power Systems Q4 FY26 revenue climbs 87.5% to Rs. 9,008 million; PAT surges 107.5% to Rs. 1,063 million
Fujiyama Power Systems Limited announced its Q4 FY26 results with revenue from operations at Rs. 9,008 million, up 87.5% year-on-year from Rs. 4,803 million in Q4 FY25. EBITDA jumped 116.9% to Rs. 1,715 million with a margin of 19.0%, while PAT surged 107.5% to Rs. 1,063 million. FY26 full-year revenue reached Rs. 26,545 million (up 72.3%), supported by over 8,900 channel partners and a 1,200 MW TOPCon solar cell facility being set up at Ratlam, Madhya Pradesh.
8G R Infraprojects reports Q4 FY26 revenue of Rs. 2,521 crore, up 27% YoY; EBITDA margin compresses to 11%
G R Infraprojects Limited released the transcript of its Q4 FY26 earnings conference call held on May 12, 2026, hosted by HDFC Securities. CMD Ajendra Kumar Agarwal disclosed Q4 FY26 revenue from operations of approximately Rs. 2,521 crore, representing 27% year-on-year growth. However, adjusted EBITDA margin fell to approximately 11% from 15.5% in the comparable prior period, due to geopolitical uncertainty, supply chain pressures, commodity price volatility and global trade disruptions. The company repaid debt during the year as part of its financial discipline strategy.
8Orient Electric posts 10% Q4 FY26 revenue growth to Rs. 948 crore amid commodity inflation and labour shortage
Orient Electric Limited, a CKA Birla Group company, released the transcript of its Q4 FY26 earnings conference call hosted by Ambit Capital on May 8, 2026. MD and CEO Ravindra Singh Negi disclosed revenue from operations of Rs. 948 crore, up 10% year-on-year, amid headwinds including persistent commodity inflation, labour shortage, gas supply disruptions from the West Asia crisis, unseasonal rains slowing cooling product demand and elevated channel inventory prompting cautious dealer replenishment. Despite challenges, EBITDA margins improved further in the quarter.
8Empower India files unaudited Q3 FY26 financial results for period ended December 31, 2025 with limited review report
Empower India Limited, listed at Mumbai's Nawab Building, Fort, submitted its standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025 to BSE on May 15, 2026. The submission includes a Limited Review Report from Nagadheep Sathyanarayana & Co., Chartered Accountants, Bengaluru, following board approval of the outcome dated February 13, 2026. The company trades under BSE Scrip Code 504351 and Scrip ID EMPOWER.
ANNUAL RESULTS
8Solar Industries India achieves highest-ever FY26 sales of Rs. 9,838 crore, up 30%; PAT rises 35% to Rs. 1,737 crore
Solar Industries India Limited announced record FY26 results on May 15, 2026: net revenue of Rs. 9,838 crore (up 30% YoY), EBITDA of Rs. 2,750 crore (up 35%, margin 27.95%), PBT of Rs. 2,365 crore (up 36%) and PAT of Rs. 1,737 crore (up 35%, margin 17.65%). The Defence vertical delivered the highest-ever quarterly revenue of Rs. 1,008 crore and annual defence revenue of Rs. 2,634 crore (up 94%), with management guiding for defence revenue exceeding Rs. 4,500 crore in FY27. Order book stands at Rs. 21,300 crore.
8Fujiyama Power Systems FY26 revenue jumps 72.3% to Rs. 26,545 million; commissions 1 GW MonoPERC DCR solar cell facility
Fujiyama Power Systems Limited presented at an analysts and investors meet on May 15, 2026 highlighting its FY26 revenue from operations of Rs. 26,545 million, a 72.3% year-on-year jump from Rs. 15,407 million. The company commissioned a 1 GW MonoPERC DCR solar cell manufacturing facility to tap into the Rs. 20,000 crore PM Surya Ghar Yojana opportunity, with 7 million-plus residential solar installations still untapped. Q4 FY26 PAT surged 107.5% to Rs. 1,063 million and EBITDA margin reached 19.0%.
8SJVN issues corrigendum to FY26 financial results correcting typographical error labelling figures as Unaudited at three places
SJVN Limited, a Navratna CPSE and joint venture of Government of India and Government of Himachal Pradesh, issued a corrigendum on May 16, 2026 to its FY26 and Q4 financial results submitted on May 15, 2026. Three inadvertent typographical errors were identified at pages 11, 20 and 24 where the headings should read Audited instead of Unaudited. No financial figures, audit report, disclosures or other information were changed. The company's CIN is L40101HP1988GOI008409 and it trades on NSE as SJVN-EQ.
8Jaiprakash Power Ventures reports FY26 total income of Rs. 5,790.85 crore and net worth of Rs. 12,721 crore as on March 31
Jaiprakash Power Ventures Limited announced on May 16, 2026 that its Board of Directors, at a 50-minute meeting from 4:00 PM to 4:50 PM, approved surrendering two coal mines to the concerned government authority subject to lender approvals. The Amelia (North) Coal Mine held total assets of Rs. 222.16 crore, while the Bandha North Coal Mine had an investment value of Rs. 92.52 crore as on March 31, 2026 against the company's net worth of Rs. 12,721 crore and total income of Rs. 5,790.85 crore.
DIVIDEND & BOARD DECISIONS
8Solar Industries India recommends final dividend of Rs. 11 per equity share at 550% payout for FY 2025-26
Solar Industries India Limited announced its audited FY26 results on May 15, 2026, reporting net sales of Rs. 9,838 crore, up 30% year-on-year from Rs. 7,540 crore. Full year PAT rose 35% to Rs. 1,737 crore, while EBITDA climbed 35% to Rs. 2,750 crore with a margin of 27.95%. The board also recommended a final dividend of Rs. 11 per equity share (550% on the face value of Rs. 2) for FY 2025-26, rewarding shareholders amid the company's strong financial performance and growing defence segment contribution.
8Premier Energies board approves Rs. 5,000 crore QIP fundraise; appoints Hitesh Kumar Jain as new Company Secretary
Hyderabad-based Premier Energies Limited announced on May 15, 2026 that its board approved raising up to Rs. 5,000 crore through Qualified Institutional Placement or other permissible modes. In the same meeting, the board noted the resignation of Company Secretary Mr. Ravella Sreenivasarao and appointed Mr. Hitesh Kumar Jain (ICSI No. A24341) as the new Compliance Officer effective May 16, 2026. The company trades on BSE under code 544238 and on NSE as PREMIERENE.
8Power Finance Corporation board approves merger of REC into PFC; seeks President of India approval to preserve government status
Power Finance Corporation Limited disclosed on May 16, 2026 that its Board has reserved the proposal for merger of REC Limited into PFC under Sections 230-232 of the Companies Act, 2013, and authorised the CMD to seek the Hon'ble President of India's approval. The merger exchange ratio is to be determined by duly appointed valuers. Upon completion, all assets and liabilities of REC will transfer to PFC, and REC will stand dissolved. The trading window for PFC equity shares and listed debt securities continues to remain closed until further orders.
8REC Limited board approves merger into Power Finance Corporation; merged entity to retain government company status
REC Limited, a Maharatna Government of India enterprise, disclosed on May 16, 2026 that its board has reserved the proposal for merger of REC into Power Finance Corporation Limited under Sections 230-232 of the Companies Act, 2013 and authorised its CMD to seek approval of the Hon'ble President of India. Post-merger, all assets and liabilities of REC will transfer to PFC, with the merged entity required to retain its status as a Government Company. REC trades on NSE as RECLTD and on BSE under code 532955.
8Jaiprakash Power Ventures board approves surrender of two coal mines worth Rs. 314.68 crore in book value subject to lender approval
Jaiprakash Power Ventures Limited announced that its Board approved surrendering the Amelia (North) Coal Mine (total assets Rs. 222.16 crore, including net tangible assets Rs. 129.58 crore, intangible mining rights Rs. 78.93 crore and CWIP Rs. 13.65 crore) and the Bandha North Coal Mine (investment value Rs. 92.52 crore). The surrender is subject to lender approvals and concerned government authority clearance. The decision was taken at a 50-minute meeting on May 16, 2026 against the company's net worth of Rs. 12,721 crore.
8KPI Green Energy appoints Rajesh Shrivastava as Whole-Time Director for 5 years; veteran handled 30 GW+ power projects
KPI Green Energy Limited held a 27-minute board meeting on May 15, 2026 and approved the appointment of Mr. Rajesh Shrivastava (DIN: 08757239) as Additional Director and Whole-Time Director for 5 years, and re-appointment of Mrs. Venu Birappa as Independent Director for a second term of 5 consecutive years effective August 3, 2026. Mr. Shrivastava brings nearly 37 years of experience across power, infrastructure and renewable energy sectors, having been associated with more than 30 GW of power projects including over 10 GW of renewables.
8Solar Industries India appoints former IRS officer Reena Jha Tripathi as Independent Director for 5-year term
Solar Industries India Limited appointed Smt. Reena Jha Tripathi (DIN: 11022528) as an Additional Non-Executive Independent Director for a first term of 5 years effective May 15, 2026. A 1988-batch IRS officer who superannuated in January 2025 at Level 17 (Apex Scale) after 36-plus years in tax administration, she holds executive education credentials from IIM Bangalore, Syracuse University and Hull Business School. The company trades on NSE as SOLARINDS and BSE under code 532725.
EARNINGS CALL & ANALYST MEET
8Hitachi Energy India schedules May 26 Investor Day in Mumbai; board meets May 25 for FY26 audited results
Hitachi Energy India Limited announced on May 15, 2026 that its board will meet on May 25, 2026 to consider audited financial results and dividend recommendation for FY ended March 31, 2026. An investor and analyst conference call is set for May 26, 2026 from 12:00 to 13:00 IST, with Managing Director Mr. N Venu and CFO Mr. Ajay Singh participating, accessible via toll-free numbers from India, USA, UK, Singapore and Hong Kong. The company also hosts its Powering India's Next 25 Investor Day event on the same date.
8Ola Electric reschedules Q4 FY26 board meeting from May 18 to May 20, 2026; earnings call shifted to 5:00 PM IST
Ola Electric Mobility Limited informed exchanges on May 16, 2026 that its board meeting to consider audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, originally scheduled for May 18, has been rescheduled to Wednesday, May 20, 2026. The earnings conference call has also been rescheduled to May 20 at 5:00 PM IST featuring Founder, Chairman and Managing Director Mr. Bhavish Aggarwal and CFO Mr. Deepak Rastogi via Diamond Pass Link through the Ola Zoom platform.
8Power Mech Projects schedules May 20 board meeting to approve Q4 and FY26 audited results and dividend recommendation
Power Mech Projects Limited informed BSE and NSE on May 15, 2026 that its Board of Directors meeting is scheduled for Wednesday, May 20, 2026, to consider and approve audited standalone and consolidated financial results and balance sheet for Q4 and FY ended March 31, 2026, and to recommend dividend, if any, for FY 2025-26. The trading window has been closed since April 1, 2026 and will remain closed until May 22, 2026 inclusive, as communicated in the company's letter dated March 25, 2026.
CREDIT RATING & ANALYST REPORT
8CARE Ratings confirms zero deviation in Inox Wind Rs. 1,249.33 crore rights issue utilisation for quarter ended March 31, 2026
Inox Wind Limited submitted the Monitoring Agency Report for Q4 FY26 issued by CARE Ratings Limited (Report No. CARE/NRO/GEN/2026-27/1046), in relation to utilisation of proceeds raised through its Rights Issue aggregating Rs. 1,249.33 crore, under Monitoring Agency Agreement dated July 17, 2025. The report confirmed zero deviation from the stated objects and was reviewed and approved by the Audit Committee and Board at their meetings held on May 14, 2026. The company trades on BSE under code 539083 and NSE as INOXWIND. Details
Daily forward looking import matrices
May 18:
It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details
Daily Power Sector Tenders Excel update
May 18:
8Daily Excel covering new tenders and all published updates including corrigendum, amendment, addendum, clarification and status revisions, along with technical and financial bid opening, evaluation completion and final award actions including AOC and LOA issuance.
Click on Reports for more Details
Click on Reports for more Details
Download tenders and news clips
May 18:
For reference purposes the website carries here the following tenders:
8Tender for setting up 2x50 MW solar power project Details
8Tender for D-check of 625 KVA DG set installed Details
8Tender for supply of 11 kV and 33 kV polymer AB switches Details
8Tender for supply of L.T. distribution boxes suitable for 25KVA distribution transformers Details
8Tender for supply of 11kV and 33kV, single and multi circuit control and relay panels Details
8Tender for supply of L.T. distribution boxes suitable for 63 KVA and 100 KVA rating DTRs Details
8Tender for annual watch and ward and patrolling services at HCSD and bottom ash pond Details
8Tender for work contract for routine, schedule, preventive and breakdown maintenance of coal mill and coal pipe Details
8Tender for work contract for AOH COH of non pressure parts of boiler Details
8Tender for procurement of hard facing welding electrodes for coal burner assembly Details
8Tender for procurement of spares of 6.6kV vacuum circuit breakers Details
8Tender for supply, installation, commissioning and retrofitting of new electronic actuators for boiler feed pump Details
8Tender for rate contract (RC) for drone thermography for solar projects Details
8Tender for cable laying for IT network Details
8Tender for biennial maintenance contract for electrical repair and maintenance works Details
8Tender for supplying and laying of galvalume /poly carbonate roofing sheets Details
8Tender for supply of night vision IR cameras and laying of cables Details
8Tender for demolition of damaged/obsolete overhead RCC water storage tank Details
8Tender for capital overhauling of HIP and LP turbines Details
8Tender for erection, testing, commissioning, trial operation and handing over of steam turbine generator condenser with all auxiliaries Details
8Tender for supply, installation, testing and commissioning of Nine Nos SMAs and one no seismometer to replace existing non functioning units Details
8Tender for special estimate for painting of RHR gates (upper and lower) of bay Details
8Tender for maintenance of municipal services and camp sanitation Details
8Tender for additional secondary DATA telemetry link for 400kV switchyard Details
8Tender for upgradation of rockwell automation PLCs HMI systems Details
8Tender for supplying of conveyor belts Details
8Tender for supply of conveyor spare pulleys Details
8Tender for annual rate contract (ARC) for civil works Details
8Tender for replacement of fire water pump Details
8Tender for work of annual electrical maintenance (excluding complete wiring/renovation) work Details
8Tender for procurement of ISI marked ACSR wolf conductor Details
8Tender for procurement of rail pole 13 mtr long 60 kg per mtr Details
8Tender for routine repair and maintenance of civil structures and allied works Details
8Tender for replacement of the existing damaged chiller plant insulation Details
8Tender for overhauling, repair and maintenance of surge shaft gantry crane and DT gantry crane Details
8Tender for replacement of deteriorated, damaged false ceiling of power house Details
8Tender for construction of retaining structures at multiple spots including allied works along Details
8Tender for installation of pending half cover (steel) for surge shaft Details
8Tender for balance work, replacement of damaged GI roofing of power house Details
8Tender for regarding the supply, installation, testing, and commissioning of high mast lights Details
8Tender for replacement of weasel conductor Details
8Tender for works contract for carrying out HT /LT DCW improvement and capital extension works Details
8Tender for supply of poly aluminium chloride Details
8Tender for spares of TIL cranes (10T and 25T) spares Details
8Tender for hot line water washing of (four cycles) 220 kV switchyard Details
8Tender for Re-construction of and other allied civil works Details
8Tender for O&M of the PT plant, DM plant, SWAS, CPU, ETP, operation of chlorination only, coal sampling Details
8Tender for construction of IPB path and other allied civil work Details
8Tender for reconductoring of HT/OH AB Details
8Design, manufacturing, supply, testing supervision of erection and commissioning of 245kV pantograph isolator Details
8Tender for reconductoring of 11kV line Details
8Tender for reconductoring 0f 110 kV BRKV and NVKV feeders with HTLS conductor Details
8Tender for upgradation of 66kV substation Details
8Tender for supply of 100AH VRLA 13 sets and 200AH tubular battery 37 sets Details
8Tender for reconductoring 11kV OH line by HT covered conductor Details
8Tender for capacity addition 110/11 kV 12.5 MVA transformer Details
8Design, engineering, manufacturing factory test supply supervision of installation and commissioning of 11kV RMUs Details
8Tender for stringing of HT ABC 150 sq.mm Details
8Tender for work of extension of switch house Details
8Tender for work of providing and fixing switch disconnector unit, replacing wiring, new wiring Details
8Tender for procurement of gear boxes for conveyor system Details
8Tender for work of reclamation of 2060 cubic meter spilled coal/biomass and desilting of drains Details
8Tender for procurement of MS ERW pipes and fittings etc. Details
8Tender for procurement of conveyor belt Details
8Tender for biennial maintenance contract for miscellaneous civil work Details
8Tender for service contract for servicing, cleaning, overhauling of deaerator Details
8Tender for operation of AHP along with lagoon and recovery water system Details
8Tender for construction of ICBP surfacing on the existing Details
8Tender for sale of dry fly ash Details
8Tender for construction of new open shed cum store at 132/33kV GSS Details
8Tender for OPGW connectivity between 132kV GSS Details
8Tender for turnkey construction of one no. of 33kV feeder bay including civil works Details
8Tender for construction and restoration of chain linked fencing Details
8Tender for work of maintenance and repairing of fire line protection system Details
8Tender for providing transformer plinth & other equipment (HV/LV) plinth, cable duct & other civil works Details
8Tender for providing foundation concrete for structure plinth & gravel filling Details
8Tender for supply and renewal of cooling water pipe lines and its fittings Details
8Tender for procurement of lanxess reolube turbo fluid Details
8Tender for procurement of 200 nos. of 110kV outdoor SF6 breaker Details
8Tender for procurement of HS straight joint kit, outdoor and indoor termination kit suitable for 11 kV 3 X 300 sqmm XLPE cable Details
8Tender for work of repair, maintenance and annual maintenance contract (AMC) of 33 kV CB and CR panels Details
8Tender for work of rectification of findings observed in health analysis of existing earthing system Details
8Tender for work of carrying out the earthing audit (health assessment) of existing mat and earthing electrode Details
8Tender for construction of control room foundations, cable trench Details
8Tender for supply of ceramic lined fuel inlet elbow (short & long) for boiler Details
8Tender for Bi annual up keeping & housekeeping of control room, switch yard Details
8Tender for supply of various type of HT/SS fasteners Details
8Tender for construction of retaining wall around coal sampling room Details
8Tender for supply, erection, testing and commissioning of 360 V DC, 515AH, KBH, Ni-Cd type battery set Details
8Tender for supply of waterproofing materials Details
8Tender for work of constructions of new maintenance free earth pit Details
8Tender for purchase of various L&T make contactors/relays Details
8Tender for procurement of various HT & LT power cable and control cable Details
8Tender for removing, providing and fixing side cladding Details
8Tender for work of purification/filtration of lubrication oil for T-G auxiliaries & hydraulic fluid Details
8Tender for Bi-annual rate contract for shifting/modification work of existing various 66/132/220kV class transmission lines Details
8Tender for work of overhauling of low pressure valves Details
8Tender for work of overhauling of various pumps Details
8Tender for hot line stringing of 66 kV line Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8JSW Cement, Ola electric and 8 Other Stocks Announcing Q4 Results today Details
8Biogas scheme falls far short of target, scuppers green energy dreams Details
8JSW Energy, WPIL, Rajratan Global Wire Grow Despite Indian Market Caution Details
8New Hope Corporation Q3 FY26 Coal Output and Profit Update Details
8India’s coal gasification ambitions gain momentum; technology and coal quality challenges remain Details
8These boring industrial suppliers have 30%+ margins, sticky revenues, and a structural policy tailwind. Time to watch them. Details
8Coal gas can yield clean hydrogen at $1.25 a kg Details
8Arvind Virmani's Dual Energy Plan for India: Costs Up, Green Push Details
8Chhattisgarh launches Dweepti Yojana to empower rural women in clean energy sector Details
83.2 GW Coal Project Faces Fresh Setback As Regulator Withholds Approval Details
8Centre Clears 13 Lakh Rooftop Solar Installations Under ULA Model Details
8Prudential to Buy 75% Stake in Bharti Life, Targeting India Market Details
8Oswal Pumps highlights robust growth in solar pump manufacturing Details
8Genus Power and 4 Other Stocks to Benefit as India’s Smart Meter Rollout Could Extend Till 2028 Details
8NTPC chief cautions against dependence on single supplier for nuclear tech Details
8Adani Power Limited Incorporates Wholly Owned Subsidiary Integrated Power Supply Limited Details
8Can water help India slash its Rs 1.7 lakh crore oil bill Monaco firm makes big fuel-tech claim Details
8CM Joseph Vijay set to review TNEB’s finances ahead of tariff hike Details
8NTPC chief cautions against single-supplier dependency in India’s 100 GW nuclear push Details
8CEA Proposes Higher Fixed Charges on Power Bills Details
8India's Rs 1.7 lakh crore fuel crisis may have found an unlikely fix - water Details
8Guarding Against Technological Dependence: India's Nuclear Power Vision Details
8REC–PFC Merger Proposal Approved for Presidential Nod; Board Clears Key Structural Steps Details
You can also click on Newsclips for more Details
8Tender for setting up 2x50 MW solar power project Details
8Tender for D-check of 625 KVA DG set installed Details
8Tender for supply of 11 kV and 33 kV polymer AB switches Details
8Tender for supply of L.T. distribution boxes suitable for 25KVA distribution transformers Details
8Tender for supply of 11kV and 33kV, single and multi circuit control and relay panels Details
8Tender for supply of L.T. distribution boxes suitable for 63 KVA and 100 KVA rating DTRs Details
8Tender for annual watch and ward and patrolling services at HCSD and bottom ash pond Details
8Tender for work contract for routine, schedule, preventive and breakdown maintenance of coal mill and coal pipe Details
8Tender for work contract for AOH COH of non pressure parts of boiler Details
8Tender for procurement of hard facing welding electrodes for coal burner assembly Details
8Tender for procurement of spares of 6.6kV vacuum circuit breakers Details
8Tender for supply, installation, commissioning and retrofitting of new electronic actuators for boiler feed pump Details
8Tender for rate contract (RC) for drone thermography for solar projects Details
8Tender for cable laying for IT network Details
8Tender for biennial maintenance contract for electrical repair and maintenance works Details
8Tender for supplying and laying of galvalume /poly carbonate roofing sheets Details
8Tender for supply of night vision IR cameras and laying of cables Details
8Tender for demolition of damaged/obsolete overhead RCC water storage tank Details
8Tender for capital overhauling of HIP and LP turbines Details
8Tender for erection, testing, commissioning, trial operation and handing over of steam turbine generator condenser with all auxiliaries Details
8Tender for supply, installation, testing and commissioning of Nine Nos SMAs and one no seismometer to replace existing non functioning units Details
8Tender for special estimate for painting of RHR gates (upper and lower) of bay Details
8Tender for maintenance of municipal services and camp sanitation Details
8Tender for additional secondary DATA telemetry link for 400kV switchyard Details
8Tender for upgradation of rockwell automation PLCs HMI systems Details
8Tender for supplying of conveyor belts Details
8Tender for supply of conveyor spare pulleys Details
8Tender for annual rate contract (ARC) for civil works Details
8Tender for replacement of fire water pump Details
8Tender for work of annual electrical maintenance (excluding complete wiring/renovation) work Details
8Tender for procurement of ISI marked ACSR wolf conductor Details
8Tender for procurement of rail pole 13 mtr long 60 kg per mtr Details
8Tender for routine repair and maintenance of civil structures and allied works Details
8Tender for replacement of the existing damaged chiller plant insulation Details
8Tender for overhauling, repair and maintenance of surge shaft gantry crane and DT gantry crane Details
8Tender for replacement of deteriorated, damaged false ceiling of power house Details
8Tender for construction of retaining structures at multiple spots including allied works along Details
8Tender for installation of pending half cover (steel) for surge shaft Details
8Tender for balance work, replacement of damaged GI roofing of power house Details
8Tender for regarding the supply, installation, testing, and commissioning of high mast lights Details
8Tender for replacement of weasel conductor Details
8Tender for works contract for carrying out HT /LT DCW improvement and capital extension works Details
8Tender for supply of poly aluminium chloride Details
8Tender for spares of TIL cranes (10T and 25T) spares Details
8Tender for hot line water washing of (four cycles) 220 kV switchyard Details
8Tender for Re-construction of and other allied civil works Details
8Tender for O&M of the PT plant, DM plant, SWAS, CPU, ETP, operation of chlorination only, coal sampling Details
8Tender for construction of IPB path and other allied civil work Details
8Tender for reconductoring of HT/OH AB Details
8Design, manufacturing, supply, testing supervision of erection and commissioning of 245kV pantograph isolator Details
8Tender for reconductoring of 11kV line Details
8Tender for reconductoring 0f 110 kV BRKV and NVKV feeders with HTLS conductor Details
8Tender for upgradation of 66kV substation Details
8Tender for supply of 100AH VRLA 13 sets and 200AH tubular battery 37 sets Details
8Tender for reconductoring 11kV OH line by HT covered conductor Details
8Tender for capacity addition 110/11 kV 12.5 MVA transformer Details
8Design, engineering, manufacturing factory test supply supervision of installation and commissioning of 11kV RMUs Details
8Tender for stringing of HT ABC 150 sq.mm Details
8Tender for work of extension of switch house Details
8Tender for work of providing and fixing switch disconnector unit, replacing wiring, new wiring Details
8Tender for procurement of gear boxes for conveyor system Details
8Tender for work of reclamation of 2060 cubic meter spilled coal/biomass and desilting of drains Details
8Tender for procurement of MS ERW pipes and fittings etc. Details
8Tender for procurement of conveyor belt Details
8Tender for biennial maintenance contract for miscellaneous civil work Details
8Tender for service contract for servicing, cleaning, overhauling of deaerator Details
8Tender for operation of AHP along with lagoon and recovery water system Details
8Tender for construction of ICBP surfacing on the existing Details
8Tender for sale of dry fly ash Details
8Tender for construction of new open shed cum store at 132/33kV GSS Details
8Tender for OPGW connectivity between 132kV GSS Details
8Tender for turnkey construction of one no. of 33kV feeder bay including civil works Details
8Tender for construction and restoration of chain linked fencing Details
8Tender for work of maintenance and repairing of fire line protection system Details
8Tender for providing transformer plinth & other equipment (HV/LV) plinth, cable duct & other civil works Details
8Tender for providing foundation concrete for structure plinth & gravel filling Details
8Tender for supply and renewal of cooling water pipe lines and its fittings Details
8Tender for procurement of lanxess reolube turbo fluid Details
8Tender for procurement of 200 nos. of 110kV outdoor SF6 breaker Details
8Tender for procurement of HS straight joint kit, outdoor and indoor termination kit suitable for 11 kV 3 X 300 sqmm XLPE cable Details
8Tender for work of repair, maintenance and annual maintenance contract (AMC) of 33 kV CB and CR panels Details
8Tender for work of rectification of findings observed in health analysis of existing earthing system Details
8Tender for work of carrying out the earthing audit (health assessment) of existing mat and earthing electrode Details
8Tender for construction of control room foundations, cable trench Details
8Tender for supply of ceramic lined fuel inlet elbow (short & long) for boiler Details
8Tender for Bi annual up keeping & housekeeping of control room, switch yard Details
8Tender for supply of various type of HT/SS fasteners Details
8Tender for construction of retaining wall around coal sampling room Details
8Tender for supply, erection, testing and commissioning of 360 V DC, 515AH, KBH, Ni-Cd type battery set Details
8Tender for supply of waterproofing materials Details
8Tender for work of constructions of new maintenance free earth pit Details
8Tender for purchase of various L&T make contactors/relays Details
8Tender for procurement of various HT & LT power cable and control cable Details
8Tender for removing, providing and fixing side cladding Details
8Tender for work of purification/filtration of lubrication oil for T-G auxiliaries & hydraulic fluid Details
8Tender for Bi-annual rate contract for shifting/modification work of existing various 66/132/220kV class transmission lines Details
8Tender for work of overhauling of low pressure valves Details
8Tender for work of overhauling of various pumps Details
8Tender for hot line stringing of 66 kV line Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8JSW Cement, Ola electric and 8 Other Stocks Announcing Q4 Results today Details
8Biogas scheme falls far short of target, scuppers green energy dreams Details
8JSW Energy, WPIL, Rajratan Global Wire Grow Despite Indian Market Caution Details
8New Hope Corporation Q3 FY26 Coal Output and Profit Update Details
8India’s coal gasification ambitions gain momentum; technology and coal quality challenges remain Details
8These boring industrial suppliers have 30%+ margins, sticky revenues, and a structural policy tailwind. Time to watch them. Details
8Coal gas can yield clean hydrogen at $1.25 a kg Details
8Arvind Virmani's Dual Energy Plan for India: Costs Up, Green Push Details
8Chhattisgarh launches Dweepti Yojana to empower rural women in clean energy sector Details
83.2 GW Coal Project Faces Fresh Setback As Regulator Withholds Approval Details
8Centre Clears 13 Lakh Rooftop Solar Installations Under ULA Model Details
8Prudential to Buy 75% Stake in Bharti Life, Targeting India Market Details
8Oswal Pumps highlights robust growth in solar pump manufacturing Details
8Genus Power and 4 Other Stocks to Benefit as India’s Smart Meter Rollout Could Extend Till 2028 Details
8NTPC chief cautions against dependence on single supplier for nuclear tech Details
8Adani Power Limited Incorporates Wholly Owned Subsidiary Integrated Power Supply Limited Details
8Can water help India slash its Rs 1.7 lakh crore oil bill Monaco firm makes big fuel-tech claim Details
8CM Joseph Vijay set to review TNEB’s finances ahead of tariff hike Details
8NTPC chief cautions against single-supplier dependency in India’s 100 GW nuclear push Details
8CEA Proposes Higher Fixed Charges on Power Bills Details
8India's Rs 1.7 lakh crore fuel crisis may have found an unlikely fix - water Details
8Guarding Against Technological Dependence: India's Nuclear Power Vision Details
8REC–PFC Merger Proposal Approved for Presidential Nod; Board Clears Key Structural Steps Details
You can also click on Newsclips for more Details
Download tenders and news clips
May 16:
For reference purposes the website carries here the following tenders:
8Tender for construction of biomass pallet Details
8Tender for procurement of grinding roll and wear parts Details
8Tender for slope correction work at CHP area and misc.work Details
8Tender for maintenance contract for horticulture work Details
8Tender for procurement of ferric alum grade-2 Details
8Tender for rate contract for procurement of 33/11 kV 5 MVA low loss (4/23 KW) and 10 MVA low loss (8/50KW) power transformers Details
8Tender for rate contract award for transportation of H-beam, RS joist other steel section materials, PTRs, etc. Details
8Tender for supply of battery charger 15A, 30 volt DC Details
8Tender for supply of 30 volt 100 AH lead acid battery set in transparent SAN container Details
8Tender for procurement of spares of oxygen analyzer installed for oxygen measurement Details
8Tender for procurement of spares of pneumatic actuators installed Details
8Tender for restoration of TG set along with opportunity maintenance works Details
8Tender for repairing of aluminium wound CRGO Core defective distribution transformers Details
8Tender for work of operation & maintenance of IDCT, IDCT gear box overhauling and GRP line leakage attending work Details
8Tender for work of erection of 66kV class 2nd busbar at 220kV SS Details
8Tender for supply of smart positioners Details
8Tender for supply of low RPM thyristor cooling fans for unit 4,5,6 static excitation system Details
8Tender for supply of various boiler tubes Details
8Tender for insulation and refractory work Details
8Tender for overhauling of air and flue gas duct Details
8Tender for overhauling of coal bunker, wind box Details
8Tender for overhauling of ID, FD, PA FANS Details
8Tender for overhauling of two numbers rotary Details
8Tender for biennial maintenance contract for electrical maintenance including illumination system Details
8Tender for repairing of one number coal bunker mill Details
8Tender for biennial maintenance of radial gates Details
8Tender for repairing and painting of walls, doors and windows, false ceilings along Details
8Tender for cleaning of cooling tower cold basin, cells, inside structures, CEP pit Details
8Tender for service contract for servicing of LP valves, HP-LP bypass valves and TAS PRDS valves Details
8Tender for service contract for repairing of ventilation duct Details
8Tender for service contract for reclamation of crusher rotor Details
8Tender for procurement of ring hammer for ring granulators crushers installed Details
8Tender for installation and commissioning of wireless communication Details
8Tender for provision of concertina fencing over Details
8Tender for AMC contractof 2x1000kW TG sets,their auxiliaries, electromechanical equipment and3.3/33kV switchyard Details
8Tender for AMC of 3x200 kW T.G. sets, their auxiliaries Details
8Tender for AMC of 2x1000 kW T.G.sets, their auxiliaries, electromechanical equipment Details
8Tender for AMC of3x1000kW TG sets, their auxiliaries, electromechanical equipment and 3.3/33kV switchyard Details
8Tender for annual operation and maintenance contract of 1 x 1200 kW TG sets, their auxiliaries Details
8Tender for procurement of MOP coupling and other essential keys and spares for main turbine Details
8Tender for empanelment of firms agency companies for transportation and handling of DTRs Details
8Tender for reconductoring 11kV feeder Details
8Tender for line extension Details
8Tender for work for annual maintenance of 132/33kV grid sub-station Details
8Tender for work for carrying out routine patrolling, preventing/breakdown/shutdown maintenance work of transmission lines Simdega Details
8Tender for work for carrying out routine patrolling, preventing/breakdown/shutdown maintenance work of transmission lines Gumla Details
8Tender for work for carrying out routine patrolling, preventing/breakdown/shutdown maintenance work of transmission lines Khunti Details
8Tender for work for carrying out routine patrolling, preventing/breakdown/shutdown maintenance work of transmission lines Details
8Tender for round the clock operation and maintenance of intake gate, radial gates Details
8Tender for interlinking 11kV feeder Details
8Tender for system improvement work for rearrangement and rerouting HTOH line Details
8Tender for realignment of existing service wire Details
8Tender for dismantling of existing 110 kV pneumatic type circuit breakers Details
8Tender for drawing of LT ABC erection of poles Details
8Tender for drawing 11KV covered conductor Details
8Tender for const. of 33 kV S/S Details
8Tender for construction of store shed, TULPF fencing other misc. civil works Details
8Tender for purchase of EHV garde-I transformer oil Details
8Tender for purchase of 36kV, 2000/1250/800 A motorized isolator with and without earth switch Details
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For reference purposes the website carries here the following newsclips:
8India’s storage market shifts from tenders to execution Details
8India Ranks Third Globally In Renewable Energy Capacity: Morgan Stanley Details
8Coal India shuts down its solar manufacturing company Details
8ReNew Energy earnings in focus: Can India solar giant sustain momentum Details
8India and Korea Unite for a Solar-Powered Future Details
8Fuel hike to accelerate investment in renewable energy, energy conservation: Experts Details
8Schneider Electric Powers India's Energy Transition with Advanced BESS Solution Details
8India Turns Coal Plants into Nuclear Sites with New Law Details
8Govt clears MCL IPO; Coal India may dilute up to 25% stake Details
8Top 6 Largest Coal Mining Companies Dominating Global Supply Details
8Mahanadi Coalfields Ltd to Launch IPO: A Strategic Divestment Details
8Three old thermal power sites shortlisted for new nuclear power projects Details
8Are small modular reactors India’s nuclear future Details
8Transmission Stock Jumps 6% After Securing Rs 1,265 Crore in Multiple Orders for Power T&D Projects Details
8USIBC–KPMG release nuclear energy roadmap for India Details
8Puttaparthi To Power India’s Next-Generation Defence Ecosystem Details
8Assam’s solar push for India’s Forex resilience Details
8Captive power in transition: Electricity (Amendment) Rules 2026, draft National Electricity Policy and evolving tax treatment Details
8SJVN Limited Reports 197% YoY Revenue Growth in Q4; Announces Rs 1.50 Total Dividend for FY26 Details
8Why Power Will Decide India’s Next Data Center Growth Story Details
8Torrent Power Plans Rs 80K Crore Growth Push, Faces Debt, Gas Costs Details
8Himachal hikes power cost, imposes Rs 1 per unit cess Details
8Smart meter rollout slows amid delays, payment gaps and tariff pressure Details
8IndiGrid delivers another strong fiscal of financial performance Announces DPU guidance of 16.48 for FY27 – growth of 3% Details
8NLC India Q4 FY26 Results: Profit Soars 189%, Shares Rally to Record High on Strong Earnings and Dividend Boost Details
8SJVN Q4 & FY26 Results: PAT Rises 3.9% to Rs 1,008 Crore, Revenue Up 22%, Declares Rs1.50 Dividend Details
8JAC urges Power Minister to halt sale of PSPCL, PSTCL land under OUVGL scheme Details
8Jaiprakash Power Ventures Surges 11.3% as JPPOWER.NS Hits Day High Details
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8Tender for const. of 33 kV S/S Details
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8Tender for repairing and servicing of BOMAFA make LP bypass stop valve and control valve Details
8Tender for procurement of spares for boll and duplex oil filter installed Details
8Tender for procurement of 200KVA 11/0.433kV station transformer Details
8Tender for supply of of new transformer oil for use in gas turbine power stations Details
8Tender for rate contract for loading/unloading and handling of materials Details
8Tender for procurement of LPT A1 extraction bellow (right side) and seal steam lines Details
8Tender for procurement of main turbine LP inner outer casing and LP inner casing assembly spares required Details
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8Tender for construction of HT line Details
8Tender for replacement of 33 kV panel under 33/11 kV sub-station Details
8Tender for work of replacement of damaged spare parts, repair, testing and monthly maintenance of 11 kV circuit breakers installed Details
8Tender for annual rate contract for the work of attending emergency breakdown works & planned maintenance works on various 220/132/100 kV EHV lines Details
8Tender for supply, installation testing & commissioning of under frequency cum frequency trend relay Details
8Tender for dismantling of removed converter transformer Details
8Tender for engagement of agency for creation & updation of GIS Details
8Tender for work of annual maintenance contract (AMC) for servicing repairing and maintenance for 145kV ABB make circuit breaker Details
8Tender for replacement of existing 1X25MVA, 220/33kV power transformer Details
8Tender for establishment of 05x33kV GIS bay Details
8Tender for work of cold line washing (manually) of Disc/PLRI insulator strings of 400kV various lines Details
8Tender for procurement of 36 kV 1600A, having short circuit breaking capacity of 31.5 KA, 3P, VCB along Details
8Tender for work of bi-annual (two year) maintenance contract for OPGW ADSS communication network Details
8Tender for supply of transformer oil storage tank for switchyard Details
8Tender for supply of various sizes of metallic expansion bellow of flue gas duct of boiler Details
8Tender for construction of RCC culvert for ash plant pipeline Details
8Tender for supply of spares and reagents for analyzers Details
8Tender for retrofitting work of the energy chain system in place of existing Details
8Tender for erection and maintenance of HT/LT & TC Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8India’s storage market shifts from tenders to execution Details
8India Ranks Third Globally In Renewable Energy Capacity: Morgan Stanley Details
8Coal India shuts down its solar manufacturing company Details
8ReNew Energy earnings in focus: Can India solar giant sustain momentum Details
8India and Korea Unite for a Solar-Powered Future Details
8Fuel hike to accelerate investment in renewable energy, energy conservation: Experts Details
8Schneider Electric Powers India's Energy Transition with Advanced BESS Solution Details
8India Turns Coal Plants into Nuclear Sites with New Law Details
8Govt clears MCL IPO; Coal India may dilute up to 25% stake Details
8Top 6 Largest Coal Mining Companies Dominating Global Supply Details
8Mahanadi Coalfields Ltd to Launch IPO: A Strategic Divestment Details
8Three old thermal power sites shortlisted for new nuclear power projects Details
8Are small modular reactors India’s nuclear future Details
8Transmission Stock Jumps 6% After Securing Rs 1,265 Crore in Multiple Orders for Power T&D Projects Details
8USIBC–KPMG release nuclear energy roadmap for India Details
8Puttaparthi To Power India’s Next-Generation Defence Ecosystem Details
8Assam’s solar push for India’s Forex resilience Details
8Captive power in transition: Electricity (Amendment) Rules 2026, draft National Electricity Policy and evolving tax treatment Details
8SJVN Limited Reports 197% YoY Revenue Growth in Q4; Announces Rs 1.50 Total Dividend for FY26 Details
8Why Power Will Decide India’s Next Data Center Growth Story Details
8Torrent Power Plans Rs 80K Crore Growth Push, Faces Debt, Gas Costs Details
8Himachal hikes power cost, imposes Rs 1 per unit cess Details
8Smart meter rollout slows amid delays, payment gaps and tariff pressure Details
8IndiGrid delivers another strong fiscal of financial performance Announces DPU guidance of 16.48 for FY27 – growth of 3% Details
8NLC India Q4 FY26 Results: Profit Soars 189%, Shares Rally to Record High on Strong Earnings and Dividend Boost Details
8SJVN Q4 & FY26 Results: PAT Rises 3.9% to Rs 1,008 Crore, Revenue Up 22%, Declares Rs1.50 Dividend Details
8JAC urges Power Minister to halt sale of PSPCL, PSTCL land under OUVGL scheme Details
8Jaiprakash Power Ventures Surges 11.3% as JPPOWER.NS Hits Day High Details
You can also click on Newsclips for more Details
NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY
May 15:
PEAK DEMAND & GRID FREQUENCY
8Western Region meets full 74,624 MW evening peak with zero shortage on May 14; Gujarat tops with 374 MU generation
Grid Controller of India's Western Regional Load Despatch Centre reported a zero-shortage power supply position on May 14, 2026, with the region meeting a record evening peak demand of 74,624 MW at 50.17 Hz and an off-peak demand of 70,682 MW. Total regional energy consumption stood at 1,766.5 MU, with Maharashtra leading state consumption at 688.8 MU and Gujarat's combined generation across thermal, hydro, gas, wind, and solar reaching 374 MU against a net drawl of 525.2 MU.
8NRLDC reports 330 MW shortage in J&K and Ladakh at 70,811 MW Northern Region evening peak on May 14
Grid Controller of India's Northern Regional Load Despatch Centre's daily report for May 14, 2026 showed the region meeting 70,811 MW at evening peak against a 71,141 MW requirement, leaving a 330 MW deficit confined entirely to J&K and Ladakh. Total day energy stood at 1,524 MU with a 0.33 MU shortfall; Uttar Pradesh recorded the highest evening peak demand at 25,481 MW, followed by Rajasthan at 12,013 MW, while Haryana, Punjab, and Delhi were fully served with zero shortage.
8Southern Region meets 56,238 MW peak demand without shortage; Tamil Nadu tops at 18,446 MW on May 14
Grid Controller of India Limited's Southern RLDC Power Supply Position Report for May 14, 2026, confirms zero shortage across all 6 southern states at the 20:00 peak - with Tamil Nadu recording the region's highest demand at 18,446 MW and total regional day energy consumption at 1,399.62 MU, against a requirement of 58,704 MU forecasted by LGBR. The data shows resilient grid management amid pre-monsoon high demand in the south.
8Eastern Region meets 29,456 MW peak demand without shortage; West Bengal and DVC lead generation on May 14
Grid Controller of India Limited's Eastern Regional Load Despatch Centre daily operation report for May 14, 2026, confirms zero power shortage for all eastern states at the 20:00 evening peak of 29,456 MW. West Bengal led state generation at 124.17 MU thermal, DVC contributed 99.48 MU, and Odisha generated 81.36 MU, while total eastern region day energy consumption reached 610.74 MU with zero shortfall, reflecting strong supply-side coordination.
8National grid frequency stays in IEGC band 99% of day; NLDC reports average of 50.011 Hz on May 14
Grid Controller of India Limited's National Load Despatch Centre frequency profile for May 14, 2026 (Thursday), shows the grid frequency remained within the 49.7–50.2 Hz IEGC band for 99.03% of the day, with an average frequency of 50.011 Hz and a standard deviation of 0.0702. The instantaneous maximum reached 50.404 Hz at 18:04, while 215 excursions above 50.03 Hz were recorded, each lasting 2 minutes 35 seconds on average.
8NER meets 3,227 MW evening peak demand with zero shortage; Assam logs highest NER generation at 5.19 MU on May 14
Grid Controller of India (GRID-INDIA)'s North Eastern Regional Load Despatch Centre reported zero power shortage across all 7 NER states for May 14, 2026, with total evening peak demand met at 3,227 MW. Assam led local generation with 5.19 MU including 3.16 MU of gas-based output, while the region drew a net 53.62 MU of scheduled power from outside and recorded total day energy of 59.96 MU, indicating stable cross-regional power flows.
8Uttarakhand achieves 24-hour uninterrupted power supply across all areas from May 1 to 15, 2026
The rostering report from Uttarakhand State for May 1-15, 2026 shows zero hours of power cuts across all major areas - including Haridwar, U.S. Nagar rural feeders, Garhwal & Kumaun Hills, major towns like Dehradun, Nainital, Mussoorie, Roorkee, Haldwani, Rudrapur, and steel furnace feeders - with an average running duration of 24 hours per day for all categories, reflecting the state's improved grid management and power availability during this fortnight.
OCC MEETINGS & OUTAGE PLANNING
8ERPC's 239th OCC meeting agenda tables 13 items: Godda TPS SPS, Patratu Stage-I scheduling transfer and Vedanta line encroachment
The Eastern Regional Power Committee's 239th Operations Coordination Committee meeting held on May 13, 2026 at ERPC Secretariat, Kolkata, carried 13 agenda items, including finalisation of the System Protection Scheme for Godda TPS (4×800 MW), restoration of the 400 kV PVUNL-Tenughat line, transition of Patratu Stage-I scheduling from ERLDC to SLDC Jharkhand, replacement of 206 L&T meters (out of 489) still pending across the Eastern Region, and addressing Vedanta Ltd's dead LILO line endangering the 400 kV Sundargarh-Raigarh and Sundargarh-Rourkela circuits.
8NTPC flags Talcher solar schedule error and Patratu Unit-2 start-up power settlement dispute at ERPC's 56th CCM
At the 56th Commercial Sub-Committee Meeting of the Eastern Regional Power Committee held on May 7, 2026 at 11:00 hrs, NTPC raised two key issues: a discrepancy in cumulative scheduling data (SG) for Talcher Stage-1 up to March 2026 due to February 2026 revision, and a demand to settle Patratu STPP Phase-I Unit-2's start-up power drawal at the approved Energy Charge Rate rather than the DSM Rate of Deviation - a change PVUNL argued was in line with applicable regulatory provisions.
8PowerGrid WR1's 400 kV Wardha-Warora line remains out since May 2018 amid ferroresonance concerns
WRLDC's transmission outage log for May 14, 2026 reveals that PowerGrid WR1's (PGCIL) 400 kV Wardha-Warora line has been continuously out since May 4, 2018 - over 8 years - due to ferroresonance concerns, while multiple CHAMPA 400 kV and 765 kV bus sectionalisers have been kept open since September 2021 for fault level control. The report also lists the 400 kV/220 kV DGEN ICT-3, the Chandrapur GCR-ST-3, and several other Western Region elements under planned or long-term outage.
8KPTCL's two 400 KV Kaiga-Guttur lines trip simultaneously on faults; Southern grid sees 5 forced outages on May 14
Grid Controller of India Limited's Southern Regional Load Despatch Centre recorded 5 forced transmission outages on May 14, 2026, including the simultaneous tripping of 400 KV Kaiga-Guttur circuits 1 and 2 at 17:39 hrs on B-N and R-N faults respectively, operated by KPTCL, alongside a KSEB 400 KV/220 KV transformer PRV operation at Madakkathara. The incidents highlight continued reliability challenges on key southern transmission corridors.
8NTPC Kawas and Gandhar gas units in Gujarat under reserve shutdown; DGEN's 800 MW also offline on May 14
Western Regional Load Despatch Centre's outage report dated May 15, 2026 reveals that NTPC's Kawas plant had all four gas units (totalling 424 MW) placed under reserve shutdown by May 14, while Gandhar's GT1 (144.3 MW) and GT2 (144.3 MW) also went offline. DGEN's 400 MW Unit 3 entered RSD mode and Sardar Sarovar Nigam's 250 MW (Units 5 & 9 together) underwent annual overhaul, reflecting coordinated planned maintenance across Gujarat's gas and hydro portfolio.
REGIONAL ENERGY ACCOUNT
8NLDC commits Vindhyachal, Barh and 40+ generators in SCUC for May 15; Barh 1 schedules 1,024 MW at 276.5 paise/kWh
The NLDC's Security Constrained Unit Commitment (SCUC) schedule published on May 14, 2026, for delivery on May 15, 2026, commits over 40 thermal generators including Barh-1 (1,024.45 MW at ECR of 276.5 paise/kWh), North Karanpura STPS (959.12 MW at 211.8 paise/kWh), and Vindhyachal STPS Stage 4 (493.51 MW at 205.2 paise/kWh) - with all listed units assigned SCUC 'YES' status, ensuring guaranteed despatch for grid security.
8ERPC releases DSM, SRAS, TRAS and SCUC settlement accounts for April 27-May 3, 2026; late payers face 0.04% daily interest
The Eastern Regional Power Committee's Superintending Engineer (Commercial) P.K. De issued settlement accounts under CERC DSM Regulations 2024 and amendments effective September 2024 and July 2025 for the week of April 27 to May 3, 2026, with final data received from ERLDC/NLDC on May 11, 2026. Entities liable for Deviation Settlement Mechanism charges must pay into ERLDC's deviation pool account within 10 days of billing, failing which a simple interest of 0.04% per day applies; SCUC charges carry a tighter 7-working-day deadline.
8NERPC issues provisional DSM and SCUC statements for April 27–May 3, 2026 under CERC Regulations 2024
The North Eastern Regional Power Committee (NERPC), Ministry of Power, Shillong, issued its Provisional DSM (Deviation Settlement Mechanism) and SCUC statements on May 13, 2026, covering April 27 to May 3, 2026, under the CERC (DSM and Related Matters) Regulations, 2024. Defaulting constituents face surcharge at 0.04% per day of delay if payment to the NERLDC-operated Regional Deviation and Ancillary Service Pool Account is not made within 10 days, ensuring tight settlement discipline across NER constituents.
8ERPC issues April 2026 Regional Energy Account for Bhutan Hydro Power Stations under India-Bhutan DSM framework
Eastern Regional Power Committee's letter ERPC/COM-I/REA/2026-27/226 dated May 4, 2026 released the Regional Energy Accounting (REA) for Bhutan Hydro Power Stations for April 2026, prepared in compliance with the Deviation Settlement Mechanism modalities between India and Bhutan published by CEA and effective from May 1, 2024. Stakeholders across the Eastern Region have a two-month window to flag discrepancies; after which the REA issued by SE Commercial P.K. De stands final.
8Eastern Region's day-ahead demand forecast MAPE at 4.63% on May 13; intraday tighter at 1.5%
The Eastern Regional Forecasting Error report for May 13, 2026 shows the Day-Ahead forecast achieving a Mean Absolute Percentage Error of 4.63% (RMSE 6.42%) against actual demand that peaked near 28,197 MW at midnight - running 1,072 MW above the day-ahead forecast in the first block (00:00–00:15). The Intraday forecast performed significantly better at 1.5% MAPE (RMSE 2%), with errors often within ±500 MW, demonstrating the substantial improvement real-time forecasting offers.
TRANSMISSION LINE ENERGIZATION
8NLDC reports zero ATC and N-1 violations across all 5 national grid corridors on May 14
Grid Controller of India Limited's National Load Despatch Centre reported zero Available Transfer Capability (ATC) violations and zero N-1 criteria violations for all 5 inter-regional corridors - WR-NR, ER-NR, Import of NR, NEW-SR, and NER Import - on May 14, 2026. Voltage monitoring at key 765 kV substations including Agra, Aligarh, Anpara-C and Anpara-D showed 100% compliance with IEGC band throughout the day, with Ajmer recording a minor 0.56% exceedance above 800 kV.
8ERLDC reports 100% IEGC voltage compliance across all 765 kV and 400 kV Eastern substations on May 13
Grid Controller of India Ltd's Eastern Regional Load Despatch Centre recorded a flawless Voltage Deviation Index of 0.00% for all monitored substations on May 13, 2026, with 765 kV nodes - including Ranchi New (max 786.56 kV), Jharsuguda (max 786.33 kV), and Sasaram (max 787.37 kV) - maintaining voltages within IEGC bands for all 24 hours, signaling stable grid health across the eastern region.
8WRLDC: Maharashtra violates ATC limit 21 times (21.9% of blocks) on May 14; Goa breaches N-1 in 10 blocks
Grid Controller of India's Western Regional Load Despatch Centre reported that Maharashtra violated Available Transfer Capability limits in 21 blocks (5.2% of time, 21.9% of hours) on May 14, 2026, while Goa breached ATC in 18 blocks (4.5%). For the stricter N-1 criteria, Maharashtra recorded 6 violations (1.5%, 6.2 hours) and Goa 10 violations (2.5%), while Gujarat, Madhya Pradesh, Chhattisgarh, and DNHDDPDCL maintained zero violations across all categories.
8SRPC clears APTRANSCO's temporary diversion of 132 KV Prathap Nagar-Yanam feeder to enable Kakinada line upgrade
The Southern Regional Power Committee convened a virtual special meeting on May 13, 2026 with CEA, SRLDC, APSLDC, APTRANSCO, and PED to clear APTRANSCO's proposal for a temporary diversion of the 132 KV Prathap Nagar-Yanam interstate feeder. The rearrangement - involving bridge jumpers at Location No. 56 and solid tapping at Location No. 62 - facilitates erection of a 220 KV Z-type tower at Location No. 41A, enabling conversion of the Kakinada-Prathap Nagar single-circuit line into a double-circuit line.
8IEX DAM clears 1,940 MWh at Rs. 10,000/MWh in Hour 1; solar glut drives mid-day price to Rs. 1,568/MWh on May 14
The IEX Day-Ahead Market Snapshot for May 14, 2026, reveals strong solar surplus pushing sell bids to 49,916 MWh in Hour 12 while MCP bottomed at Rs. 1,568.70/MWh - a 10x collapse from the Rs. 10,000/MWh cleared in Hour 1. Evening demand recovery pushed MCP back up through hours 16–19, reflecting the classic duck curve in India's power market and the growing flexibility challenge posed by solar penetration during midday hours. Details
8Western Region meets full 74,624 MW evening peak with zero shortage on May 14; Gujarat tops with 374 MU generation
Grid Controller of India's Western Regional Load Despatch Centre reported a zero-shortage power supply position on May 14, 2026, with the region meeting a record evening peak demand of 74,624 MW at 50.17 Hz and an off-peak demand of 70,682 MW. Total regional energy consumption stood at 1,766.5 MU, with Maharashtra leading state consumption at 688.8 MU and Gujarat's combined generation across thermal, hydro, gas, wind, and solar reaching 374 MU against a net drawl of 525.2 MU.
8NRLDC reports 330 MW shortage in J&K and Ladakh at 70,811 MW Northern Region evening peak on May 14
Grid Controller of India's Northern Regional Load Despatch Centre's daily report for May 14, 2026 showed the region meeting 70,811 MW at evening peak against a 71,141 MW requirement, leaving a 330 MW deficit confined entirely to J&K and Ladakh. Total day energy stood at 1,524 MU with a 0.33 MU shortfall; Uttar Pradesh recorded the highest evening peak demand at 25,481 MW, followed by Rajasthan at 12,013 MW, while Haryana, Punjab, and Delhi were fully served with zero shortage.
8Southern Region meets 56,238 MW peak demand without shortage; Tamil Nadu tops at 18,446 MW on May 14
Grid Controller of India Limited's Southern RLDC Power Supply Position Report for May 14, 2026, confirms zero shortage across all 6 southern states at the 20:00 peak - with Tamil Nadu recording the region's highest demand at 18,446 MW and total regional day energy consumption at 1,399.62 MU, against a requirement of 58,704 MU forecasted by LGBR. The data shows resilient grid management amid pre-monsoon high demand in the south.
8Eastern Region meets 29,456 MW peak demand without shortage; West Bengal and DVC lead generation on May 14
Grid Controller of India Limited's Eastern Regional Load Despatch Centre daily operation report for May 14, 2026, confirms zero power shortage for all eastern states at the 20:00 evening peak of 29,456 MW. West Bengal led state generation at 124.17 MU thermal, DVC contributed 99.48 MU, and Odisha generated 81.36 MU, while total eastern region day energy consumption reached 610.74 MU with zero shortfall, reflecting strong supply-side coordination.
8National grid frequency stays in IEGC band 99% of day; NLDC reports average of 50.011 Hz on May 14
Grid Controller of India Limited's National Load Despatch Centre frequency profile for May 14, 2026 (Thursday), shows the grid frequency remained within the 49.7–50.2 Hz IEGC band for 99.03% of the day, with an average frequency of 50.011 Hz and a standard deviation of 0.0702. The instantaneous maximum reached 50.404 Hz at 18:04, while 215 excursions above 50.03 Hz were recorded, each lasting 2 minutes 35 seconds on average.
8NER meets 3,227 MW evening peak demand with zero shortage; Assam logs highest NER generation at 5.19 MU on May 14
Grid Controller of India (GRID-INDIA)'s North Eastern Regional Load Despatch Centre reported zero power shortage across all 7 NER states for May 14, 2026, with total evening peak demand met at 3,227 MW. Assam led local generation with 5.19 MU including 3.16 MU of gas-based output, while the region drew a net 53.62 MU of scheduled power from outside and recorded total day energy of 59.96 MU, indicating stable cross-regional power flows.
8Uttarakhand achieves 24-hour uninterrupted power supply across all areas from May 1 to 15, 2026
The rostering report from Uttarakhand State for May 1-15, 2026 shows zero hours of power cuts across all major areas - including Haridwar, U.S. Nagar rural feeders, Garhwal & Kumaun Hills, major towns like Dehradun, Nainital, Mussoorie, Roorkee, Haldwani, Rudrapur, and steel furnace feeders - with an average running duration of 24 hours per day for all categories, reflecting the state's improved grid management and power availability during this fortnight.
OCC MEETINGS & OUTAGE PLANNING
8ERPC's 239th OCC meeting agenda tables 13 items: Godda TPS SPS, Patratu Stage-I scheduling transfer and Vedanta line encroachment
The Eastern Regional Power Committee's 239th Operations Coordination Committee meeting held on May 13, 2026 at ERPC Secretariat, Kolkata, carried 13 agenda items, including finalisation of the System Protection Scheme for Godda TPS (4×800 MW), restoration of the 400 kV PVUNL-Tenughat line, transition of Patratu Stage-I scheduling from ERLDC to SLDC Jharkhand, replacement of 206 L&T meters (out of 489) still pending across the Eastern Region, and addressing Vedanta Ltd's dead LILO line endangering the 400 kV Sundargarh-Raigarh and Sundargarh-Rourkela circuits.
8NTPC flags Talcher solar schedule error and Patratu Unit-2 start-up power settlement dispute at ERPC's 56th CCM
At the 56th Commercial Sub-Committee Meeting of the Eastern Regional Power Committee held on May 7, 2026 at 11:00 hrs, NTPC raised two key issues: a discrepancy in cumulative scheduling data (SG) for Talcher Stage-1 up to March 2026 due to February 2026 revision, and a demand to settle Patratu STPP Phase-I Unit-2's start-up power drawal at the approved Energy Charge Rate rather than the DSM Rate of Deviation - a change PVUNL argued was in line with applicable regulatory provisions.
8PowerGrid WR1's 400 kV Wardha-Warora line remains out since May 2018 amid ferroresonance concerns
WRLDC's transmission outage log for May 14, 2026 reveals that PowerGrid WR1's (PGCIL) 400 kV Wardha-Warora line has been continuously out since May 4, 2018 - over 8 years - due to ferroresonance concerns, while multiple CHAMPA 400 kV and 765 kV bus sectionalisers have been kept open since September 2021 for fault level control. The report also lists the 400 kV/220 kV DGEN ICT-3, the Chandrapur GCR-ST-3, and several other Western Region elements under planned or long-term outage.
8KPTCL's two 400 KV Kaiga-Guttur lines trip simultaneously on faults; Southern grid sees 5 forced outages on May 14
Grid Controller of India Limited's Southern Regional Load Despatch Centre recorded 5 forced transmission outages on May 14, 2026, including the simultaneous tripping of 400 KV Kaiga-Guttur circuits 1 and 2 at 17:39 hrs on B-N and R-N faults respectively, operated by KPTCL, alongside a KSEB 400 KV/220 KV transformer PRV operation at Madakkathara. The incidents highlight continued reliability challenges on key southern transmission corridors.
8NTPC Kawas and Gandhar gas units in Gujarat under reserve shutdown; DGEN's 800 MW also offline on May 14
Western Regional Load Despatch Centre's outage report dated May 15, 2026 reveals that NTPC's Kawas plant had all four gas units (totalling 424 MW) placed under reserve shutdown by May 14, while Gandhar's GT1 (144.3 MW) and GT2 (144.3 MW) also went offline. DGEN's 400 MW Unit 3 entered RSD mode and Sardar Sarovar Nigam's 250 MW (Units 5 & 9 together) underwent annual overhaul, reflecting coordinated planned maintenance across Gujarat's gas and hydro portfolio.
REGIONAL ENERGY ACCOUNT
8NLDC commits Vindhyachal, Barh and 40+ generators in SCUC for May 15; Barh 1 schedules 1,024 MW at 276.5 paise/kWh
The NLDC's Security Constrained Unit Commitment (SCUC) schedule published on May 14, 2026, for delivery on May 15, 2026, commits over 40 thermal generators including Barh-1 (1,024.45 MW at ECR of 276.5 paise/kWh), North Karanpura STPS (959.12 MW at 211.8 paise/kWh), and Vindhyachal STPS Stage 4 (493.51 MW at 205.2 paise/kWh) - with all listed units assigned SCUC 'YES' status, ensuring guaranteed despatch for grid security.
8ERPC releases DSM, SRAS, TRAS and SCUC settlement accounts for April 27-May 3, 2026; late payers face 0.04% daily interest
The Eastern Regional Power Committee's Superintending Engineer (Commercial) P.K. De issued settlement accounts under CERC DSM Regulations 2024 and amendments effective September 2024 and July 2025 for the week of April 27 to May 3, 2026, with final data received from ERLDC/NLDC on May 11, 2026. Entities liable for Deviation Settlement Mechanism charges must pay into ERLDC's deviation pool account within 10 days of billing, failing which a simple interest of 0.04% per day applies; SCUC charges carry a tighter 7-working-day deadline.
8NERPC issues provisional DSM and SCUC statements for April 27–May 3, 2026 under CERC Regulations 2024
The North Eastern Regional Power Committee (NERPC), Ministry of Power, Shillong, issued its Provisional DSM (Deviation Settlement Mechanism) and SCUC statements on May 13, 2026, covering April 27 to May 3, 2026, under the CERC (DSM and Related Matters) Regulations, 2024. Defaulting constituents face surcharge at 0.04% per day of delay if payment to the NERLDC-operated Regional Deviation and Ancillary Service Pool Account is not made within 10 days, ensuring tight settlement discipline across NER constituents.
8ERPC issues April 2026 Regional Energy Account for Bhutan Hydro Power Stations under India-Bhutan DSM framework
Eastern Regional Power Committee's letter ERPC/COM-I/REA/2026-27/226 dated May 4, 2026 released the Regional Energy Accounting (REA) for Bhutan Hydro Power Stations for April 2026, prepared in compliance with the Deviation Settlement Mechanism modalities between India and Bhutan published by CEA and effective from May 1, 2024. Stakeholders across the Eastern Region have a two-month window to flag discrepancies; after which the REA issued by SE Commercial P.K. De stands final.
8Eastern Region's day-ahead demand forecast MAPE at 4.63% on May 13; intraday tighter at 1.5%
The Eastern Regional Forecasting Error report for May 13, 2026 shows the Day-Ahead forecast achieving a Mean Absolute Percentage Error of 4.63% (RMSE 6.42%) against actual demand that peaked near 28,197 MW at midnight - running 1,072 MW above the day-ahead forecast in the first block (00:00–00:15). The Intraday forecast performed significantly better at 1.5% MAPE (RMSE 2%), with errors often within ±500 MW, demonstrating the substantial improvement real-time forecasting offers.
TRANSMISSION LINE ENERGIZATION
8NLDC reports zero ATC and N-1 violations across all 5 national grid corridors on May 14
Grid Controller of India Limited's National Load Despatch Centre reported zero Available Transfer Capability (ATC) violations and zero N-1 criteria violations for all 5 inter-regional corridors - WR-NR, ER-NR, Import of NR, NEW-SR, and NER Import - on May 14, 2026. Voltage monitoring at key 765 kV substations including Agra, Aligarh, Anpara-C and Anpara-D showed 100% compliance with IEGC band throughout the day, with Ajmer recording a minor 0.56% exceedance above 800 kV.
8ERLDC reports 100% IEGC voltage compliance across all 765 kV and 400 kV Eastern substations on May 13
Grid Controller of India Ltd's Eastern Regional Load Despatch Centre recorded a flawless Voltage Deviation Index of 0.00% for all monitored substations on May 13, 2026, with 765 kV nodes - including Ranchi New (max 786.56 kV), Jharsuguda (max 786.33 kV), and Sasaram (max 787.37 kV) - maintaining voltages within IEGC bands for all 24 hours, signaling stable grid health across the eastern region.
8WRLDC: Maharashtra violates ATC limit 21 times (21.9% of blocks) on May 14; Goa breaches N-1 in 10 blocks
Grid Controller of India's Western Regional Load Despatch Centre reported that Maharashtra violated Available Transfer Capability limits in 21 blocks (5.2% of time, 21.9% of hours) on May 14, 2026, while Goa breached ATC in 18 blocks (4.5%). For the stricter N-1 criteria, Maharashtra recorded 6 violations (1.5%, 6.2 hours) and Goa 10 violations (2.5%), while Gujarat, Madhya Pradesh, Chhattisgarh, and DNHDDPDCL maintained zero violations across all categories.
8SRPC clears APTRANSCO's temporary diversion of 132 KV Prathap Nagar-Yanam feeder to enable Kakinada line upgrade
The Southern Regional Power Committee convened a virtual special meeting on May 13, 2026 with CEA, SRLDC, APSLDC, APTRANSCO, and PED to clear APTRANSCO's proposal for a temporary diversion of the 132 KV Prathap Nagar-Yanam interstate feeder. The rearrangement - involving bridge jumpers at Location No. 56 and solid tapping at Location No. 62 - facilitates erection of a 220 KV Z-type tower at Location No. 41A, enabling conversion of the Kakinada-Prathap Nagar single-circuit line into a double-circuit line.
8IEX DAM clears 1,940 MWh at Rs. 10,000/MWh in Hour 1; solar glut drives mid-day price to Rs. 1,568/MWh on May 14
The IEX Day-Ahead Market Snapshot for May 14, 2026, reveals strong solar surplus pushing sell bids to 49,916 MWh in Hour 12 while MCP bottomed at Rs. 1,568.70/MWh - a 10x collapse from the Rs. 10,000/MWh cleared in Hour 1. Evening demand recovery pushed MCP back up through hours 16–19, reflecting the classic duck curve in India's power market and the growing flexibility challenge posed by solar penetration during midday hours. Details
NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES
May 15:
COAL PRODUCTION & OFFTAKE
8CEA daily coal stock report: RRRVUNL plants at 79% normative stock; Chhabra-II at only 49% on May 13
Central Electricity Authority's Fuel Management Division coal stock report for May 13, 2026 shows RRRVUNL's 7,580 MW Rajasthan fleet at 79% of normative 26-day requirement with only 2,152,100 tonnes, while Chhabra-II TPP (1,320 MW) holds just 217,000 tonnes - 49% of normative stock. In contrast, Haryana's HPGCL (2,510 MW combined) maintained 143% normative stock at 1,396,700 tonnes, and PSPCL Punjab's 2,300 MW fleet held 130% normative cover at 1,001,300 tonnes.
8CEA: India's coal generation on May 13 beats target at 3,996 MU; year-to-date total at 163,651 MU
Central Electricity Authority's fuel-wise generation report (Sub-Report 17) for May 13, 2026 shows coal-based generation outperforming at 3,996.38 MU versus the 3,787.69 MU programme, while hydro underperformed at 415.97 MU against 448.81 MU planned. Year-to-date (April 1 to May 13, 2026-27), total generation reached 194,010.85 MU against a programme of 202,928.54 MU - an 8,917.69 MU shortfall. Nuclear generation YTD at 7,508 MU tracked close to the 7,679 MU target.
8CEA: All-India power generation on May 13 at 4,784.59 MU vs 4,585.11 MU target; Western Region overperforms by 150 MU
Central Electricity Authority's sub-report for May 13, 2026 shows All-India gross generation exceeding target by 199.48 MU at 4,784.59 MU. The Western Region led with 1,763.70 MU against a 1,613.42 MU programme (a surplus of 150+ MU), driven by hydro overperformance of 31.64%. Northern Region fell short by 5.27% at 1,149.67 MU versus a 1,182.71 MU programme, while total thermal generation of 4,183.01 MU outpaced the 3,967.46 MU target and nuclear output of 179.66 MU surpassed the 168.84 MU programme.
8NTPC's 60,007 MW fleet generates 1,093 MU on May 13 vs 1,042 MU target; Eastern Region drags with 7.88% YTD shortfall
CEA's Sub-Report 8 on NTPC stations for May 13, 2026 shows NTPC's all-India monitored fleet (60,007.23 MW) generating 1,093.30 MU against a 1,041.61 MU programme - a surplus of 51.69 MU (+4.96%). However, YTD April 1 to date performance at 43,114.13 MU trails the 45,826.93 MU programme by 2,712.80 MU (-5.92%). The Eastern Region's NTPC stations (17,190 MW) posted the largest shortfall at -7.88% YTD, while the Southern Region exceeded its programme with a +1.32% surplus.
8JSW Mahanadi Power's 3 units (600 MW each) trip on fuel oil problems; Ghatampur TPP's 2×660 MW also offline on May 13
CEA's Sub-Report 11 for May 13, 2026 shows JSW Mahanadi Power Company Limited (Chhattisgarh) lost three 600 MW units - Units 2, 3, and 4 - to fuel oil problems at 4:16 PM in a simultaneous trip, putting 1,800 MW out of service. Uttar Pradesh's Ghatampur TPP continued with both 660 MW units (Units 1 and 2) under forced outage for generator miscellaneous maintenance and ID fan problems since May 6 and 11 respectively, while Lalitpur TPS Unit 3 (660 MW) went offline with a regenerative system problem.
8Rajiv Gandhi TPS units 1 and 2 (600 MW each) under forced outage due to condenser and economiser tube leaks on May 13
CEA's Daily Maintenance Report (Sub-Report 10) for May 13, 2026 reveals that Haryana's Rajiv Gandhi TPS had both 600 MW units offline for forced outages - Unit 1 due to condenser tube leakage/cleaning (from 4:18 PM) and Unit 2 from economiser tube leakage (from 10:01 PM on May 12). Punjab's GH TPS (Lehra Mohabat) lost 500 MW across Units 3 and 4 for abnormal sound and turbine issues, while Rajasthan's Barsingsar Lignite 125 MW Unit 1 remained under planned annual maintenance since April 20.
8NTPC Rihand STPS (3,000 MW) generates 64.63 MU on May 13; Dadri NCTPP (1,840 MW) delivers 32.54 MU vs 26.51 MU target
CEA's Sub-Report 9 for NTPC station-wise generation on May 13, 2026 shows NTPC's Rihand STPS (3,000 MW, Uttar Pradesh) producing 64.63 MU against 64.81 MU programme with 90 days coal stock in hand, while Dadri NCTPP (1,840 MW) overperformed at 32.54 MU versus 26.51 MU target. Singrauli STPS (2,000 MW) generated 43.94 MU against 41.78 MU programme with 98 days coal stock. NTPC Koldam hydro (800 MW) underperformed sharply at 4.65 MU against 10.52 MU programme.
8CEA lists 30+ long-idled power units; DAE Rajasthan off-grid since 2004, Giral TPS units awaiting scrapping since 2014-16
CEA's Sub-Report 13 for May 13, 2026 lists over 30 thermal and gas-based units that have remained off the national grid for more than a year, including Delhi's IP CCPP Units 3, 4, 8 (30 MW each, offline since January 2019) and Rithala CCPP Units 1–3 (offline since June 2013). Rajasthan's DAE nuclear unit (0 MW rated) has not returned since October 2004 due to generator earth fault, while Giral TPS Units 1 & 2 (125 MW each) are marked as 'likely to be scrapped' since 2014 and 2016 respectively; Pipavav CCPP Unit 2 (351 MW) remains under RSD since April 2024. Details
8CEA daily coal stock report: RRRVUNL plants at 79% normative stock; Chhabra-II at only 49% on May 13
Central Electricity Authority's Fuel Management Division coal stock report for May 13, 2026 shows RRRVUNL's 7,580 MW Rajasthan fleet at 79% of normative 26-day requirement with only 2,152,100 tonnes, while Chhabra-II TPP (1,320 MW) holds just 217,000 tonnes - 49% of normative stock. In contrast, Haryana's HPGCL (2,510 MW combined) maintained 143% normative stock at 1,396,700 tonnes, and PSPCL Punjab's 2,300 MW fleet held 130% normative cover at 1,001,300 tonnes.
8CEA: India's coal generation on May 13 beats target at 3,996 MU; year-to-date total at 163,651 MU
Central Electricity Authority's fuel-wise generation report (Sub-Report 17) for May 13, 2026 shows coal-based generation outperforming at 3,996.38 MU versus the 3,787.69 MU programme, while hydro underperformed at 415.97 MU against 448.81 MU planned. Year-to-date (April 1 to May 13, 2026-27), total generation reached 194,010.85 MU against a programme of 202,928.54 MU - an 8,917.69 MU shortfall. Nuclear generation YTD at 7,508 MU tracked close to the 7,679 MU target.
8CEA: All-India power generation on May 13 at 4,784.59 MU vs 4,585.11 MU target; Western Region overperforms by 150 MU
Central Electricity Authority's sub-report for May 13, 2026 shows All-India gross generation exceeding target by 199.48 MU at 4,784.59 MU. The Western Region led with 1,763.70 MU against a 1,613.42 MU programme (a surplus of 150+ MU), driven by hydro overperformance of 31.64%. Northern Region fell short by 5.27% at 1,149.67 MU versus a 1,182.71 MU programme, while total thermal generation of 4,183.01 MU outpaced the 3,967.46 MU target and nuclear output of 179.66 MU surpassed the 168.84 MU programme.
8NTPC's 60,007 MW fleet generates 1,093 MU on May 13 vs 1,042 MU target; Eastern Region drags with 7.88% YTD shortfall
CEA's Sub-Report 8 on NTPC stations for May 13, 2026 shows NTPC's all-India monitored fleet (60,007.23 MW) generating 1,093.30 MU against a 1,041.61 MU programme - a surplus of 51.69 MU (+4.96%). However, YTD April 1 to date performance at 43,114.13 MU trails the 45,826.93 MU programme by 2,712.80 MU (-5.92%). The Eastern Region's NTPC stations (17,190 MW) posted the largest shortfall at -7.88% YTD, while the Southern Region exceeded its programme with a +1.32% surplus.
8JSW Mahanadi Power's 3 units (600 MW each) trip on fuel oil problems; Ghatampur TPP's 2×660 MW also offline on May 13
CEA's Sub-Report 11 for May 13, 2026 shows JSW Mahanadi Power Company Limited (Chhattisgarh) lost three 600 MW units - Units 2, 3, and 4 - to fuel oil problems at 4:16 PM in a simultaneous trip, putting 1,800 MW out of service. Uttar Pradesh's Ghatampur TPP continued with both 660 MW units (Units 1 and 2) under forced outage for generator miscellaneous maintenance and ID fan problems since May 6 and 11 respectively, while Lalitpur TPS Unit 3 (660 MW) went offline with a regenerative system problem.
8Rajiv Gandhi TPS units 1 and 2 (600 MW each) under forced outage due to condenser and economiser tube leaks on May 13
CEA's Daily Maintenance Report (Sub-Report 10) for May 13, 2026 reveals that Haryana's Rajiv Gandhi TPS had both 600 MW units offline for forced outages - Unit 1 due to condenser tube leakage/cleaning (from 4:18 PM) and Unit 2 from economiser tube leakage (from 10:01 PM on May 12). Punjab's GH TPS (Lehra Mohabat) lost 500 MW across Units 3 and 4 for abnormal sound and turbine issues, while Rajasthan's Barsingsar Lignite 125 MW Unit 1 remained under planned annual maintenance since April 20.
8NTPC Rihand STPS (3,000 MW) generates 64.63 MU on May 13; Dadri NCTPP (1,840 MW) delivers 32.54 MU vs 26.51 MU target
CEA's Sub-Report 9 for NTPC station-wise generation on May 13, 2026 shows NTPC's Rihand STPS (3,000 MW, Uttar Pradesh) producing 64.63 MU against 64.81 MU programme with 90 days coal stock in hand, while Dadri NCTPP (1,840 MW) overperformed at 32.54 MU versus 26.51 MU target. Singrauli STPS (2,000 MW) generated 43.94 MU against 41.78 MU programme with 98 days coal stock. NTPC Koldam hydro (800 MW) underperformed sharply at 4.65 MU against 10.52 MU programme.
8CEA lists 30+ long-idled power units; DAE Rajasthan off-grid since 2004, Giral TPS units awaiting scrapping since 2014-16
CEA's Sub-Report 13 for May 13, 2026 lists over 30 thermal and gas-based units that have remained off the national grid for more than a year, including Delhi's IP CCPP Units 3, 4, 8 (30 MW each, offline since January 2019) and Rithala CCPP Units 1–3 (offline since June 2013). Rajasthan's DAE nuclear unit (0 MW rated) has not returned since October 2004 due to generator earth fault, while Giral TPS Units 1 & 2 (125 MW each) are marked as 'likely to be scrapped' since 2014 and 2016 respectively; Pipavav CCPP Unit 2 (351 MW) remains under RSD since April 2024. Details
NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS
May 15:
MINISTRY OF POWER
8Ministry of Power appoints Diwakar Nath Misra as Government Nominee Director on SJVN board
SJVN Limited (NSE: SJVN | BSE: 533206), a Navratna CPSE and joint venture of the Government of India and Government of Himachal Pradesh (CIN: L40101HP1988GOI008409), disclosed that the Ministry of Power has appointed Shri Diwakar Nath Misra (DIN: 07464700), Additional Secretary (Hydro) at MoP, as Part-time Official Government of India Nominee Director on the SJVN Board with immediate effect, vide MoP Order No. 15-22/1/2018-HYDEL-II(MoP) dated May 14, 2026.
8NHPC discloses change in Government Nominee Director as Ministry of Power update surfaces in public domain
NHPC Limited (NSE: NHPC | BSE: 533098), a Government of India enterprise (CIN: L40101HR1975GOI032564), informed stock exchanges of an impending change in its Government Nominee Director. While NHPC was yet to receive formal communication from the Ministry of Power (MoP), the company made the disclosure based on information available in the public domain, in compliance with Regulation 30 of SEBI Listing Regulations. NHPC's corporate office is located at Sector-33, Faridabad, Haryana.
CEA & GRID STANDARDS
8India's total installed power capacity crosses 537,264 MW by April 30, 2026; solar leads at 154,236 MW
As per the Central Electricity Authority's latest data, India's total installed power generation capacity reached 537,264 MW as of April 30, 2026, with non-fossil fuels now accounting for 53.61% (288,035 MW) versus fossil fuels at 46.39% (249,229 MW). Solar energy dominated the renewable segment at 154,236 MW (28.71%), wind contributed 56,437 MW (10.50%), hydro (including PSPs) stood at 51,665 MW (9.62%), while coal remained the single largest source at 221,898 MW (41.30%).
8CEA prepares report on rationalising DISCOM fixed charges after All India DISCOMs Association flags tariff design gap
Following a representation from the All India DISCOMs Association (AIDA) vide letter DG-19/2025-AIDA dated December 15, 2025, the Central Electricity Authority convened two stakeholder meetings on January 19 and March 23, 2026 under Member (E&C). The resulting report, forwarded by the Ministry of Power, addresses the need for a national framework to rationalise consumer fixed charges to align with the actual fixed costs incurred by distribution companies, a critical input for retail tariff redesign.
8CEA: India's 309,923 MW monitored capacity delivers 255,120 MW output on May 13; gas and liquid fleet at just 43.26% utilisation
CEA's Sub-Report 16 for May 13, 2026 shows India's 309,923 MW monitored conventional fleet achieving gross generation of 255,120 MW (75.95% of monitored capacity), with coal plants performing best at 81.48% utilisation (180,793 MW from 221,898 MW installed). Hydro stations utilised only 66.90% of capacity (34,732 MW from 51,915 MW), gas and liquid plants lagged at 43.26% (8,704 MW from 20,122 MW), and nuclear plants ran at 78.82%, with 49,234 MW under various outages.
8CEA Sub-Report 5: All-India thermal capacity availability at 87.79% on May 13; Northern hydro lowest at 72.41%
Central Electricity Authority's Sub-Report 5 for May 13, 2026 reveals All-India stabilised thermal fleet (229,101 MW) achieved 87.79% capacity online at 201,128 MW, with the North Eastern region reaching 100% thermal availability. Nuclear capacity ran at 93.17% nationally (8,180 MW from 8,780 MW), while hydro lagged most in the Northern Region at 72.41% (15,870 MW from 21,916 MW) and averaged 79.85% nationally (41,451 MW from 51,915 MW), with the Western Region's hydro availability at 91.10%.
8CEA hydro reservoir report May 13: Bhakra at 483.55m, Tehri below MDDL at 742.91m versus 747.3m draw-down level
CEA's daily hydro reservoir report for May 13, 2026 shows Bhakra Dam (Himachal Pradesh) at 483.55m with 1,728.8 MU energy content (vs 5,282 MU at full reservoir level), while Tehri reservoir (Uttarakhand) at 742.91m is critically below its 747.3m minimum drawdown level with only 17.75 MU content versus 1,291.49 MU at full level. Sardar Sarovar (Gujarat) holds 1,817.55 MU at 129.45m, Koyna (Maharashtra) has 3,126.1 MU at 630.33m, and Srisailam (Andhra Pradesh) holds 1,391.84 MU at 249.25m.
TENDERS & PROCUREMENT (GeM/NIT)
8Government revises 6-year unified accounting software tender for RPCs and NPC in Amendment-III; eases SLA to 99.50% uptime
The Government e-Marketplace tender GEM/2025/B/6978156, originally floated on January 8, 2026, has undergone its third major revision, relaxing application uptime requirements from 99.90% to 99.50% per site, extending the Recovery Time Objective from 1 hour to 2 hours, and cutting Sev-2 resolution targets from 8 hours to 72 hours - while raising hardware specifications to 5th-Gen Intel Xeon processors with 256 GB DDR5 RAM and 50 TB usable SAN storage for the Unified Accounting Software covering Regional Power Committees and NPC. Details
8Ministry of Power appoints Diwakar Nath Misra as Government Nominee Director on SJVN board
SJVN Limited (NSE: SJVN | BSE: 533206), a Navratna CPSE and joint venture of the Government of India and Government of Himachal Pradesh (CIN: L40101HP1988GOI008409), disclosed that the Ministry of Power has appointed Shri Diwakar Nath Misra (DIN: 07464700), Additional Secretary (Hydro) at MoP, as Part-time Official Government of India Nominee Director on the SJVN Board with immediate effect, vide MoP Order No. 15-22/1/2018-HYDEL-II(MoP) dated May 14, 2026.
8NHPC discloses change in Government Nominee Director as Ministry of Power update surfaces in public domain
NHPC Limited (NSE: NHPC | BSE: 533098), a Government of India enterprise (CIN: L40101HR1975GOI032564), informed stock exchanges of an impending change in its Government Nominee Director. While NHPC was yet to receive formal communication from the Ministry of Power (MoP), the company made the disclosure based on information available in the public domain, in compliance with Regulation 30 of SEBI Listing Regulations. NHPC's corporate office is located at Sector-33, Faridabad, Haryana.
CEA & GRID STANDARDS
8India's total installed power capacity crosses 537,264 MW by April 30, 2026; solar leads at 154,236 MW
As per the Central Electricity Authority's latest data, India's total installed power generation capacity reached 537,264 MW as of April 30, 2026, with non-fossil fuels now accounting for 53.61% (288,035 MW) versus fossil fuels at 46.39% (249,229 MW). Solar energy dominated the renewable segment at 154,236 MW (28.71%), wind contributed 56,437 MW (10.50%), hydro (including PSPs) stood at 51,665 MW (9.62%), while coal remained the single largest source at 221,898 MW (41.30%).
8CEA prepares report on rationalising DISCOM fixed charges after All India DISCOMs Association flags tariff design gap
Following a representation from the All India DISCOMs Association (AIDA) vide letter DG-19/2025-AIDA dated December 15, 2025, the Central Electricity Authority convened two stakeholder meetings on January 19 and March 23, 2026 under Member (E&C). The resulting report, forwarded by the Ministry of Power, addresses the need for a national framework to rationalise consumer fixed charges to align with the actual fixed costs incurred by distribution companies, a critical input for retail tariff redesign.
8CEA: India's 309,923 MW monitored capacity delivers 255,120 MW output on May 13; gas and liquid fleet at just 43.26% utilisation
CEA's Sub-Report 16 for May 13, 2026 shows India's 309,923 MW monitored conventional fleet achieving gross generation of 255,120 MW (75.95% of monitored capacity), with coal plants performing best at 81.48% utilisation (180,793 MW from 221,898 MW installed). Hydro stations utilised only 66.90% of capacity (34,732 MW from 51,915 MW), gas and liquid plants lagged at 43.26% (8,704 MW from 20,122 MW), and nuclear plants ran at 78.82%, with 49,234 MW under various outages.
8CEA Sub-Report 5: All-India thermal capacity availability at 87.79% on May 13; Northern hydro lowest at 72.41%
Central Electricity Authority's Sub-Report 5 for May 13, 2026 reveals All-India stabilised thermal fleet (229,101 MW) achieved 87.79% capacity online at 201,128 MW, with the North Eastern region reaching 100% thermal availability. Nuclear capacity ran at 93.17% nationally (8,180 MW from 8,780 MW), while hydro lagged most in the Northern Region at 72.41% (15,870 MW from 21,916 MW) and averaged 79.85% nationally (41,451 MW from 51,915 MW), with the Western Region's hydro availability at 91.10%.
8CEA hydro reservoir report May 13: Bhakra at 483.55m, Tehri below MDDL at 742.91m versus 747.3m draw-down level
CEA's daily hydro reservoir report for May 13, 2026 shows Bhakra Dam (Himachal Pradesh) at 483.55m with 1,728.8 MU energy content (vs 5,282 MU at full reservoir level), while Tehri reservoir (Uttarakhand) at 742.91m is critically below its 747.3m minimum drawdown level with only 17.75 MU content versus 1,291.49 MU at full level. Sardar Sarovar (Gujarat) holds 1,817.55 MU at 129.45m, Koyna (Maharashtra) has 3,126.1 MU at 630.33m, and Srisailam (Andhra Pradesh) holds 1,391.84 MU at 249.25m.
TENDERS & PROCUREMENT (GeM/NIT)
8Government revises 6-year unified accounting software tender for RPCs and NPC in Amendment-III; eases SLA to 99.50% uptime
The Government e-Marketplace tender GEM/2025/B/6978156, originally floated on January 8, 2026, has undergone its third major revision, relaxing application uptime requirements from 99.90% to 99.50% per site, extending the Recovery Time Objective from 1 hour to 2 hours, and cutting Sev-2 resolution targets from 8 hours to 72 hours - while raising hardware specifications to 5th-Gen Intel Xeon processors with 256 GB DDR5 RAM and 50 TB usable SAN storage for the Unified Accounting Software covering Regional Power Committees and NPC. Details
NEWS UPDATE: RENEWABLE ENERGY
May 15:
SOLAR POWER
8India's solar power hits 43,294 MW peak; wind and solar together supply 22.34% of grid demand on May 13
Grid Controller of India Limited's NLDC-REMC report reveals that on May 13, 2026, solar hours clocked a maximum demand of 247,680 MW against 55,330 MW of combined renewable (wind + solar) contribution - accounting for a record 22.34% penetration during daytime hours, while wind alone powered 4.86% of the grid at peak. The data underscores India's accelerating renewable energy share in the national grid mix during peak solar production hours.
8Rajasthan tops May 13 renewable generation at 241 MU; CEA reports all-India daily renewable output across states
The Central Electricity Authority's Daily Renewable Generation Report for May 13, 2026 shows Rajasthan leading all-India renewable generation with a combined wind and solar output of over 241 MU for the day, with 213.80 MU from solar alone. The report tracks cumulative renewable generation for May 2026 across all states, with Punjab recording 104.27 MU cumulative and Himachal Pradesh clocking 76.33 MU including significant hydro and other output.
8Solarium Green Energy clears Acuite Ratings Q4 FY26 monitoring on IPO fund utilisation
Solarium Green Energy Limited (NSE: SOLARIUM | BSE: 544354), an Ahmedabad-based company in the civil construction/infrastructure sector (ISIN: INE0W0H01017), submitted its Monitoring Agency Report for Q4 and the half-year ended March 31, 2026, confirming proper utilisation of IPO proceeds. The report was issued by Acuite Ratings & Research Limited and filed per SEBI Regulation 32(6) and SEBI ICDR Regulation 41. The disclosure underscores compliance with capital deployment norms for solar EPC companies.
8Fujiyama Power's CARE Ratings monitoring agency clears Q4 FY26 IPO proceeds utilisation
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613), formerly Fujiyama Power Systems Private Limited, submitted its Monitoring Agency Report from CARE Ratings Limited for the quarter ended March 31, 2026, confirming proper utilisation of IPO proceeds raised through public issue of equity shares. The report, filed in compliance with SEBI Regulation 32(6) and SEBI ICDR Regulation 41(4), confirms all funds raised through the IPO were deployed as stated in the offer document, validating the rooftop solar major's capital deployment plan.
8Borosil Renewables Executive Chairman addresses business updates on CNBC-TV18 on May 14
Borosil Renewables Limited (NSE: BORORENEW | BSE: 502219) disclosed that its Executive Chairman, Mr. Pradeep Kumar Kheruka, appeared on CNBC-TV18 on May 14, 2026 for an interview covering general business updates for the company. The interview is also available on the company's website www.borosilrenewables.com. The disclosure was filed by Company Secretary & Compliance Officer Kishor Talreja (FCS 7064) per SEBI Regulation 30. Borosil Renewables is India's largest solar glass manufacturer.
WIND & HYBRID POWER
8Inox Wind confirms zero deviation in Rs. 1,249.33 crore Rights Issue fund utilisation for Q4 FY26
Inox Wind Limited (NSE: INOXWIND | BSE: 539083, CIN: L31901HP2009PLC031083) filed a SEBI Regulation 32 nil deviation statement on May 14, 2026, confirming zero deviation in the utilisation of funds raised through its Rights Issue dated August 21, 2025 - for the quarter ended March 31, 2026. The company raised Rs. 1,249.33 crore through the Rights Issue, and the Audit Committee reviewed and noted the nil-deviation statement at its meeting on May 14, 2026, confirming full deployment in line with the stated objects in the Letter of Offer.
8INOX Green Energy confirms nil deviation in Q4 FY26 preferential issue fund utilisation
INOX Green Energy Services Limited (NSE: INOXGREEN | BSE: 543667), formerly known as INOX Wind Infrastructure Services Ltd. (CIN: L45207GJ2012PLC070279), confirmed via a SEBI Regulation 32 filing that there was zero deviation or variation in the utilisation of funds raised through its Preferential Issue during Q4 ended March 31, 2026. The company stated that proceeds were utilised in full accordance with the stated objects of the issue. The nil-deviation statement was reviewed and noted by the Audit Committee at its meeting on May 14, 2026.
STORAGE & GREEN HYDROGEN
8Krishnapatnam plant leads Andhra Pradesh generation at 44.99 MU; Greenko pumped storage adds 12.26 MU on May 14
Grid Controller of India Limited's Southern RLDC Generation Report for May 14, 2026, shows Krishnapatnam power station at the top with 44.99 MU gross output and 1,875 MW capacity, while Greenko's pumped storage contributed 12.26 MU at 511 MW. Andhra Pradesh's total demand met for the day stood at 10,344 MU with zero shortage. The Greenko data illustrates the growing role of pumped storage as a flexibility resource in India's evolving grid management.
8GDAM weekly volume tops 27,000 MWh; May 13 records peak MCP of Rs. 4,498/MWh in green energy market
The IEX Green Day-Ahead Market weekly summary for May 8–15, 2026, shows May 13 recording the highest market clearing price of Rs. 4,498.85/MWh with 2,697.71 MWh total cleared volume. Total weekly purchase bids reached over 1,07,208 MWh across solar, non-solar and hydro segments, reflecting rising demand for certified renewable energy certificates in the green market amid corporate sustainability commitments.
POLICY & INCENTIVES
8TERI's NCoEGPS releases India's first green maritime fuel roadmap charting transition to ammonia, methanol and hydrogen
The National Centre of Excellence in Green Port and Shipping (NCoEGPS) at TERI, led by Dr. Piyali Das, published 'Advanced Green Fuels for Maritime Application - Road Map for India (Part A)' in 2026, mapping India's pathway for decarbonising its shipping sector through alternative fuels including green ammonia, methanol and hydrogen - an initiative under the Ministry of Ports, Shipping and Waterways' maritime sustainability agenda. The roadmap forms a key planning input for India's Green Port Performance Index framework.
8Ministry of Ports launches Green Port Performance Index to rank India's ports on sustainability and pollution control
The Ministry of Ports, Shipping and Waterways, Government of India, released the Green Port Performance Index (GPPI) in October 2025 (Rev-0) - a comprehensive framework to measure and rank Indian ports on their progress in green transformation, pollution control, and environmental performance. The index defines applicability, GPPI framework, awards and recognition categories, and designates a nodal agency for implementation, marking a major shift in India's port governance toward sustainability metrics.
8Ministry of Ports' NAVIC Cell unveils India's maritime solar potential study charting energy transition roadmap
India's Ministry of Ports, Shipping and Waterways released a macro-level study titled 'India's Maritime Green Shift: Pioneering Energy Transition and Pollution Control,' developed by the NAVIC Cell 3 committee chaired by VoCPA. The report, led by Nodal Officer Shri Vijay Kumar IAS, assesses India's maritime solar potential and charts a green energy transition strategy for ports and vessels, with inputs from DGS, CSL, IMU and IWAI, supporting the broader green port roadmap.
8IEEFA report warns gas capital costs triple to $2,500/kW; flags billions in consumer risk as renewables offer cheaper alternative
The Institute for Energy Economics and Financial Analysis (IEEFA) released a May 14, 2026 report titled 'The Misguided Gas Stampede,' authored by energy analyst Dennis Wamsted. The report warns that capital costs for new gas turbines have roughly tripled in three years to at least $2,500 per kilowatt, with no new plants likely online before 2030. The report cited Dominion Energy's 1,588 MW Greensville gas plant, where fuel costs jumped from $308 million in 2021 to $519 million in 2022. Details
8India's solar power hits 43,294 MW peak; wind and solar together supply 22.34% of grid demand on May 13
Grid Controller of India Limited's NLDC-REMC report reveals that on May 13, 2026, solar hours clocked a maximum demand of 247,680 MW against 55,330 MW of combined renewable (wind + solar) contribution - accounting for a record 22.34% penetration during daytime hours, while wind alone powered 4.86% of the grid at peak. The data underscores India's accelerating renewable energy share in the national grid mix during peak solar production hours.
8Rajasthan tops May 13 renewable generation at 241 MU; CEA reports all-India daily renewable output across states
The Central Electricity Authority's Daily Renewable Generation Report for May 13, 2026 shows Rajasthan leading all-India renewable generation with a combined wind and solar output of over 241 MU for the day, with 213.80 MU from solar alone. The report tracks cumulative renewable generation for May 2026 across all states, with Punjab recording 104.27 MU cumulative and Himachal Pradesh clocking 76.33 MU including significant hydro and other output.
8Solarium Green Energy clears Acuite Ratings Q4 FY26 monitoring on IPO fund utilisation
Solarium Green Energy Limited (NSE: SOLARIUM | BSE: 544354), an Ahmedabad-based company in the civil construction/infrastructure sector (ISIN: INE0W0H01017), submitted its Monitoring Agency Report for Q4 and the half-year ended March 31, 2026, confirming proper utilisation of IPO proceeds. The report was issued by Acuite Ratings & Research Limited and filed per SEBI Regulation 32(6) and SEBI ICDR Regulation 41. The disclosure underscores compliance with capital deployment norms for solar EPC companies.
8Fujiyama Power's CARE Ratings monitoring agency clears Q4 FY26 IPO proceeds utilisation
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613), formerly Fujiyama Power Systems Private Limited, submitted its Monitoring Agency Report from CARE Ratings Limited for the quarter ended March 31, 2026, confirming proper utilisation of IPO proceeds raised through public issue of equity shares. The report, filed in compliance with SEBI Regulation 32(6) and SEBI ICDR Regulation 41(4), confirms all funds raised through the IPO were deployed as stated in the offer document, validating the rooftop solar major's capital deployment plan.
8Borosil Renewables Executive Chairman addresses business updates on CNBC-TV18 on May 14
Borosil Renewables Limited (NSE: BORORENEW | BSE: 502219) disclosed that its Executive Chairman, Mr. Pradeep Kumar Kheruka, appeared on CNBC-TV18 on May 14, 2026 for an interview covering general business updates for the company. The interview is also available on the company's website www.borosilrenewables.com. The disclosure was filed by Company Secretary & Compliance Officer Kishor Talreja (FCS 7064) per SEBI Regulation 30. Borosil Renewables is India's largest solar glass manufacturer.
WIND & HYBRID POWER
8Inox Wind confirms zero deviation in Rs. 1,249.33 crore Rights Issue fund utilisation for Q4 FY26
Inox Wind Limited (NSE: INOXWIND | BSE: 539083, CIN: L31901HP2009PLC031083) filed a SEBI Regulation 32 nil deviation statement on May 14, 2026, confirming zero deviation in the utilisation of funds raised through its Rights Issue dated August 21, 2025 - for the quarter ended March 31, 2026. The company raised Rs. 1,249.33 crore through the Rights Issue, and the Audit Committee reviewed and noted the nil-deviation statement at its meeting on May 14, 2026, confirming full deployment in line with the stated objects in the Letter of Offer.
8INOX Green Energy confirms nil deviation in Q4 FY26 preferential issue fund utilisation
INOX Green Energy Services Limited (NSE: INOXGREEN | BSE: 543667), formerly known as INOX Wind Infrastructure Services Ltd. (CIN: L45207GJ2012PLC070279), confirmed via a SEBI Regulation 32 filing that there was zero deviation or variation in the utilisation of funds raised through its Preferential Issue during Q4 ended March 31, 2026. The company stated that proceeds were utilised in full accordance with the stated objects of the issue. The nil-deviation statement was reviewed and noted by the Audit Committee at its meeting on May 14, 2026.
STORAGE & GREEN HYDROGEN
8Krishnapatnam plant leads Andhra Pradesh generation at 44.99 MU; Greenko pumped storage adds 12.26 MU on May 14
Grid Controller of India Limited's Southern RLDC Generation Report for May 14, 2026, shows Krishnapatnam power station at the top with 44.99 MU gross output and 1,875 MW capacity, while Greenko's pumped storage contributed 12.26 MU at 511 MW. Andhra Pradesh's total demand met for the day stood at 10,344 MU with zero shortage. The Greenko data illustrates the growing role of pumped storage as a flexibility resource in India's evolving grid management.
8GDAM weekly volume tops 27,000 MWh; May 13 records peak MCP of Rs. 4,498/MWh in green energy market
The IEX Green Day-Ahead Market weekly summary for May 8–15, 2026, shows May 13 recording the highest market clearing price of Rs. 4,498.85/MWh with 2,697.71 MWh total cleared volume. Total weekly purchase bids reached over 1,07,208 MWh across solar, non-solar and hydro segments, reflecting rising demand for certified renewable energy certificates in the green market amid corporate sustainability commitments.
POLICY & INCENTIVES
8TERI's NCoEGPS releases India's first green maritime fuel roadmap charting transition to ammonia, methanol and hydrogen
The National Centre of Excellence in Green Port and Shipping (NCoEGPS) at TERI, led by Dr. Piyali Das, published 'Advanced Green Fuels for Maritime Application - Road Map for India (Part A)' in 2026, mapping India's pathway for decarbonising its shipping sector through alternative fuels including green ammonia, methanol and hydrogen - an initiative under the Ministry of Ports, Shipping and Waterways' maritime sustainability agenda. The roadmap forms a key planning input for India's Green Port Performance Index framework.
8Ministry of Ports launches Green Port Performance Index to rank India's ports on sustainability and pollution control
The Ministry of Ports, Shipping and Waterways, Government of India, released the Green Port Performance Index (GPPI) in October 2025 (Rev-0) - a comprehensive framework to measure and rank Indian ports on their progress in green transformation, pollution control, and environmental performance. The index defines applicability, GPPI framework, awards and recognition categories, and designates a nodal agency for implementation, marking a major shift in India's port governance toward sustainability metrics.
8Ministry of Ports' NAVIC Cell unveils India's maritime solar potential study charting energy transition roadmap
India's Ministry of Ports, Shipping and Waterways released a macro-level study titled 'India's Maritime Green Shift: Pioneering Energy Transition and Pollution Control,' developed by the NAVIC Cell 3 committee chaired by VoCPA. The report, led by Nodal Officer Shri Vijay Kumar IAS, assesses India's maritime solar potential and charts a green energy transition strategy for ports and vessels, with inputs from DGS, CSL, IMU and IWAI, supporting the broader green port roadmap.
8IEEFA report warns gas capital costs triple to $2,500/kW; flags billions in consumer risk as renewables offer cheaper alternative
The Institute for Energy Economics and Financial Analysis (IEEFA) released a May 14, 2026 report titled 'The Misguided Gas Stampede,' authored by energy analyst Dennis Wamsted. The report warns that capital costs for new gas turbines have roughly tripled in three years to at least $2,500 per kilowatt, with no new plants likely online before 2030. The report cited Dominion Energy's 1,588 MW Greensville gas plant, where fuel costs jumped from $308 million in 2021 to $519 million in 2022. Details
NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION
May 15:
WORK ORDERS & SUPPLY CONTRACTS
8G R Infraprojects' subsidiary signs HAM concession for Rs. 2,440.87 crore NH-33 greenfield highway in Bihar
G R Infraprojects Limited (NSE: GRINFRA | BSE: 543317) announced that its wholly owned subsidiary, Munger Link Highway Private Limited, executed a Concession Agreement with the National Highways Authority of India (NHAI) on May 14, 2026. The project involves construction of a 4-lane Greenfield section of NH-33 from Mokama (Ch. 0+000) to Munger (Ch. 82+400) in Bihar, spanning approximately 82.4 km under Hybrid Annuity Mode (HAM), with an estimated project cost of Rs. 2,440.87 crore (excluding GST) and a completion period of 910 days.
8L&T partners France's Exail to deliver unmanned mine countermeasure suite for Indian Navy's 12 MCMV programme
Larsen & Toubro Limited (NSE: LT | BSE: 500510) announced a strategic collaboration with France-based Exail to deliver an advanced Unmanned Mine Counter-Measure (MCM) Suite for the Indian Navy's Mine Counter Measure Vessels (MCMVs) programme, targeting 12 vessels. L&T, as prime contractor, will integrate Exail's globally proven autonomous and remotely operated MCM systems - already deployed by several navies worldwide - that can detect, classify, identify and neutralise naval mines. The initiative aligns with Aatmanirbhar Bharat and Make in India.
8GMR Power and Urban Infra extends Rs. 240 crore corporate guarantee to IDBI Bank for 3 smart meter subsidiaries
GMR Power and Urban Infra Limited (NSE: GMRP&UI | BSE: 543490), on May 14, 2026, disclosed it has extended a Corporate Guarantee in favour of IDBI Bank Limited for an aggregate amount of Rs. 240 crore - comprising three separate working capital facilities of up to Rs. 80 crore each - to secure credit sanctioned to its step-down subsidiaries: GMR Kashi Smart Meters Limited, GMR Triveni Smart Meters Limited, and GMR Agra Smart Meters Limited. The disclosure confirms financial backing for its expanding smart metering business across Uttar Pradesh.
8PSPCL amends 132 KV Bhikiwind-Sur Singh 66 KV line scope; revised cost at Rs. 231.02 lakhs
Punjab State Power Corporation Limited (PSPCL) issued Amendment No. 111/2025-26 modifying the scope of work under TWL Sr. No. 34/2025-26 for the 66 KV line stringing from 132 KV Substation Bhikiwind to 66 KV Substation Sur Singh/Gaeobua. The revised scope, covering approximately 1.5 km of ACSR 0.2 sq. inch conductor from 132 KV S/Stn Bhikiwind to Tower No. 12, has an estimated cost of Rs. 231.02 lakhs (revised from Rs. 62.58 lakhs for 7 km) following recommendations by EIC/P&M PSPCL Ludhiana and Dy.CE/P&M Amritsar.
8PSPCL sanctions replacement of HRP with DC towers on 66 KV Mehta-Udonangal line; estimated Rs. 373.90 lakhs
Punjab State Power Corporation Limited (PSPCL) issued Amendment No. 113/2025-26, adding to Annexure-B Priority Works the augmentation of the 66 KV Mehta (Udonangal) line under DS Circle Gurdaspur. The scope involves replacing HRP with DC towers, augmenting the existing 0.1 sq. inch conductor to 0.2 sq. inch on a DC line of approximately 9.91 km length emanating from 220 KV Udoke, at an estimated cost of Rs. 373.90 lakhs, with a credit of Rs. 29.93 lakhs for dismantlement of the old 0.1 sq. inch 66 KV HRP line.
CAPACITY COMMISSIONING
8NTPC Group crosses 88,788 MW total capacity with 100 MW Rajasthan solar projects declaring COD on May 15, 2026
NTPC Limited (NSE: NTPC | BSE: 532555) disclosed that its subsidiary NTPC Green Energy Limited (NGEL) achieved Commercial Operation Dates (COD) for two solar project milestones in Rajasthan effective May 15, 2026: the second part capacity of 12.5 MW (cumulative 100 MW) under Project Eleven Renewable Power Pvt. Ltd. (150 MW project), and 50 MW (cumulative 200 MW) under Project Sixteen Renewable Power Pvt. Ltd. (300 MW project). With these additions, total installed capacity of NTPC Group stands at 88,788 MW, including 9,868 MW commercial renewable capacity.
8Fujiyama Power Systems commissions 2,000 MW solar panel manufacturing line at Ratlam
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613) announced on May 14, 2026 the commissioning of its 2,000 MW solar panel manufacturing facility at Ratlam, Madhya Pradesh - part of a large-scale greenfield integrated solar manufacturing expansion. The Ratlam complex is designed for 2,000 MW capacity each for solar panels, batteries, and inverters as part of a fully integrated manufacturing setup. The milestone makes Fujiyama one of India's largest domestic solar panel manufacturers, supporting India's renewable energy and Aatmanirbhar Bharat goals.
8MoP allocates 82 MW to Sikkim and 269 MW to Karnataka; THDCIL's Tehri PSP Unit 8 declares commercial operation
The Central Electricity Authority's power allocation statement as on April 30, 2026, reveals that the Ministry of Power allocated 82 MW from NTPC stations to Sikkim and 269 MW to Karnataka from unallocated quota including Buxar Thermal Power Project. Additionally, THDCIL declared commercial operation of the 4th unit (Unit #8) of Tehri PSP (4×250 MW), notified vide letter dated April 10, 2026. The development strengthens hydro pumped storage capacity in India's grid, critical for renewable energy integration.
8IndiGrid commissions Gujarat BESS Private Limited, one of India's largest standalone BESS projects at 180 MW / 360 MWh
IndiGrid Infrastructure Trust commissioned Gujarat BESS Private Limited, one of India's largest standalone Battery Energy Storage System (BESS) projects with a capacity of 180 MW / 360 MWh. The commissioning was highlighted in IndiGrid's Q4 FY26 results disclosure alongside operational revenue of Rs. 874 crore (up 9.5% YoY) and full-year DPU of Rs. 16 per unit. The BESS asset adds to IndiGrid's AUM of Rs. 33,815 crore and positions the trust as a key infrastructure player in India's grid storage transition.
8NTPC Green Energy Group's installed capacity rises to 10,516.40 MW after 62.5 MW Rajasthan solar COD
NTPC Green Energy Limited (NSE: NTPCGREEN | BSE: 544289) disclosed that two solar project milestones under its joint venture ONGC NTPC Green Private Limited achieved Commercial Operation effective 00:00 hrs of May 15, 2026: the second part capacity of 12.5 MW (cumulative 100 MW) of Project Eleven Renewable Power Pvt. Ltd.'s 150 MW project in Rajasthan, and 50 MW (cumulative 200 MW) of Project Sixteen Renewable Power Pvt. Ltd.'s 300 MW project. With these additions, NGEL Group's total installed capacity rises from 10,453.90 MW to 10,516.40 MW.
EQUITY & STAKE ACQUISITION
8Adani Power wins CCI nod for GVK Energy acquisition amid ongoing CIRP; Committee of Creditors yet to vote
Adani Power (BSE: 533096) clarified to BSE on May 14, 2026 that while it has received Competition Commission of India (CCI) approval for its proposed acquisition of GVK Energy Limited - which entered Corporate Insolvency Resolution Process (CIRP) on May 6, 2025 under IBC Section 7 - the Resolution Plan submitted by Adani Power and other bidders has not yet been voted upon or approved by the Committee of Creditors (CoC). The CCI approval was a statutory prerequisite ahead of CoC consideration of competing resolution plans.
8Patel Engineering board approves sale of entire 84,95,040 equity shares in ACP Tollways at Rs. 100 face value
Patel Engineering Limited (NSE: PATELENG | BSE: 531120) disclosed on May 14, 2026 that its Board of Directors approved the sale of the company's entire stake in ACP Tollways Private Limited, an associate company, comprising 84,95,040 equity shares with a face value of Rs. 100 per share. The proposed transaction remains subject to receipt of necessary approvals from lenders of ACP Tollways, with further details to be disclosed upon completion of documentation. The disclosure was filed under SEBI Regulation 30.
8PGCIL and private TSPs drive Rs. 2.35 lakh crore TBCB transmission pipeline; 84 projects cover 37,377 ckm
The Central Electricity Authority's April 2026 progress report for Under-Construction TBCB Transmission Projects reveals 84 active projects with PGCIL leading 43 projects (19,903 ckm, 172,600 MVA, Rs. 1,22,316 crore) and private TSPs contributing 41 projects (17,473 ckm, 145,400 MVA, Rs. 1,12,582 crore) - bringing India's total competitive bidding transmission pipeline to Rs. 2,34,898 crore. Private participation now nearly matches PGCIL in competitive bidding transmission routes. Details
8G R Infraprojects' subsidiary signs HAM concession for Rs. 2,440.87 crore NH-33 greenfield highway in Bihar
G R Infraprojects Limited (NSE: GRINFRA | BSE: 543317) announced that its wholly owned subsidiary, Munger Link Highway Private Limited, executed a Concession Agreement with the National Highways Authority of India (NHAI) on May 14, 2026. The project involves construction of a 4-lane Greenfield section of NH-33 from Mokama (Ch. 0+000) to Munger (Ch. 82+400) in Bihar, spanning approximately 82.4 km under Hybrid Annuity Mode (HAM), with an estimated project cost of Rs. 2,440.87 crore (excluding GST) and a completion period of 910 days.
8L&T partners France's Exail to deliver unmanned mine countermeasure suite for Indian Navy's 12 MCMV programme
Larsen & Toubro Limited (NSE: LT | BSE: 500510) announced a strategic collaboration with France-based Exail to deliver an advanced Unmanned Mine Counter-Measure (MCM) Suite for the Indian Navy's Mine Counter Measure Vessels (MCMVs) programme, targeting 12 vessels. L&T, as prime contractor, will integrate Exail's globally proven autonomous and remotely operated MCM systems - already deployed by several navies worldwide - that can detect, classify, identify and neutralise naval mines. The initiative aligns with Aatmanirbhar Bharat and Make in India.
8GMR Power and Urban Infra extends Rs. 240 crore corporate guarantee to IDBI Bank for 3 smart meter subsidiaries
GMR Power and Urban Infra Limited (NSE: GMRP&UI | BSE: 543490), on May 14, 2026, disclosed it has extended a Corporate Guarantee in favour of IDBI Bank Limited for an aggregate amount of Rs. 240 crore - comprising three separate working capital facilities of up to Rs. 80 crore each - to secure credit sanctioned to its step-down subsidiaries: GMR Kashi Smart Meters Limited, GMR Triveni Smart Meters Limited, and GMR Agra Smart Meters Limited. The disclosure confirms financial backing for its expanding smart metering business across Uttar Pradesh.
8PSPCL amends 132 KV Bhikiwind-Sur Singh 66 KV line scope; revised cost at Rs. 231.02 lakhs
Punjab State Power Corporation Limited (PSPCL) issued Amendment No. 111/2025-26 modifying the scope of work under TWL Sr. No. 34/2025-26 for the 66 KV line stringing from 132 KV Substation Bhikiwind to 66 KV Substation Sur Singh/Gaeobua. The revised scope, covering approximately 1.5 km of ACSR 0.2 sq. inch conductor from 132 KV S/Stn Bhikiwind to Tower No. 12, has an estimated cost of Rs. 231.02 lakhs (revised from Rs. 62.58 lakhs for 7 km) following recommendations by EIC/P&M PSPCL Ludhiana and Dy.CE/P&M Amritsar.
8PSPCL sanctions replacement of HRP with DC towers on 66 KV Mehta-Udonangal line; estimated Rs. 373.90 lakhs
Punjab State Power Corporation Limited (PSPCL) issued Amendment No. 113/2025-26, adding to Annexure-B Priority Works the augmentation of the 66 KV Mehta (Udonangal) line under DS Circle Gurdaspur. The scope involves replacing HRP with DC towers, augmenting the existing 0.1 sq. inch conductor to 0.2 sq. inch on a DC line of approximately 9.91 km length emanating from 220 KV Udoke, at an estimated cost of Rs. 373.90 lakhs, with a credit of Rs. 29.93 lakhs for dismantlement of the old 0.1 sq. inch 66 KV HRP line.
CAPACITY COMMISSIONING
8NTPC Group crosses 88,788 MW total capacity with 100 MW Rajasthan solar projects declaring COD on May 15, 2026
NTPC Limited (NSE: NTPC | BSE: 532555) disclosed that its subsidiary NTPC Green Energy Limited (NGEL) achieved Commercial Operation Dates (COD) for two solar project milestones in Rajasthan effective May 15, 2026: the second part capacity of 12.5 MW (cumulative 100 MW) under Project Eleven Renewable Power Pvt. Ltd. (150 MW project), and 50 MW (cumulative 200 MW) under Project Sixteen Renewable Power Pvt. Ltd. (300 MW project). With these additions, total installed capacity of NTPC Group stands at 88,788 MW, including 9,868 MW commercial renewable capacity.
8Fujiyama Power Systems commissions 2,000 MW solar panel manufacturing line at Ratlam
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613) announced on May 14, 2026 the commissioning of its 2,000 MW solar panel manufacturing facility at Ratlam, Madhya Pradesh - part of a large-scale greenfield integrated solar manufacturing expansion. The Ratlam complex is designed for 2,000 MW capacity each for solar panels, batteries, and inverters as part of a fully integrated manufacturing setup. The milestone makes Fujiyama one of India's largest domestic solar panel manufacturers, supporting India's renewable energy and Aatmanirbhar Bharat goals.
8MoP allocates 82 MW to Sikkim and 269 MW to Karnataka; THDCIL's Tehri PSP Unit 8 declares commercial operation
The Central Electricity Authority's power allocation statement as on April 30, 2026, reveals that the Ministry of Power allocated 82 MW from NTPC stations to Sikkim and 269 MW to Karnataka from unallocated quota including Buxar Thermal Power Project. Additionally, THDCIL declared commercial operation of the 4th unit (Unit #8) of Tehri PSP (4×250 MW), notified vide letter dated April 10, 2026. The development strengthens hydro pumped storage capacity in India's grid, critical for renewable energy integration.
8IndiGrid commissions Gujarat BESS Private Limited, one of India's largest standalone BESS projects at 180 MW / 360 MWh
IndiGrid Infrastructure Trust commissioned Gujarat BESS Private Limited, one of India's largest standalone Battery Energy Storage System (BESS) projects with a capacity of 180 MW / 360 MWh. The commissioning was highlighted in IndiGrid's Q4 FY26 results disclosure alongside operational revenue of Rs. 874 crore (up 9.5% YoY) and full-year DPU of Rs. 16 per unit. The BESS asset adds to IndiGrid's AUM of Rs. 33,815 crore and positions the trust as a key infrastructure player in India's grid storage transition.
8NTPC Green Energy Group's installed capacity rises to 10,516.40 MW after 62.5 MW Rajasthan solar COD
NTPC Green Energy Limited (NSE: NTPCGREEN | BSE: 544289) disclosed that two solar project milestones under its joint venture ONGC NTPC Green Private Limited achieved Commercial Operation effective 00:00 hrs of May 15, 2026: the second part capacity of 12.5 MW (cumulative 100 MW) of Project Eleven Renewable Power Pvt. Ltd.'s 150 MW project in Rajasthan, and 50 MW (cumulative 200 MW) of Project Sixteen Renewable Power Pvt. Ltd.'s 300 MW project. With these additions, NGEL Group's total installed capacity rises from 10,453.90 MW to 10,516.40 MW.
EQUITY & STAKE ACQUISITION
8Adani Power wins CCI nod for GVK Energy acquisition amid ongoing CIRP; Committee of Creditors yet to vote
Adani Power (BSE: 533096) clarified to BSE on May 14, 2026 that while it has received Competition Commission of India (CCI) approval for its proposed acquisition of GVK Energy Limited - which entered Corporate Insolvency Resolution Process (CIRP) on May 6, 2025 under IBC Section 7 - the Resolution Plan submitted by Adani Power and other bidders has not yet been voted upon or approved by the Committee of Creditors (CoC). The CCI approval was a statutory prerequisite ahead of CoC consideration of competing resolution plans.
8Patel Engineering board approves sale of entire 84,95,040 equity shares in ACP Tollways at Rs. 100 face value
Patel Engineering Limited (NSE: PATELENG | BSE: 531120) disclosed on May 14, 2026 that its Board of Directors approved the sale of the company's entire stake in ACP Tollways Private Limited, an associate company, comprising 84,95,040 equity shares with a face value of Rs. 100 per share. The proposed transaction remains subject to receipt of necessary approvals from lenders of ACP Tollways, with further details to be disclosed upon completion of documentation. The disclosure was filed under SEBI Regulation 30.
8PGCIL and private TSPs drive Rs. 2.35 lakh crore TBCB transmission pipeline; 84 projects cover 37,377 ckm
The Central Electricity Authority's April 2026 progress report for Under-Construction TBCB Transmission Projects reveals 84 active projects with PGCIL leading 43 projects (19,903 ckm, 172,600 MVA, Rs. 1,22,316 crore) and private TSPs contributing 41 projects (17,473 ckm, 145,400 MVA, Rs. 1,12,582 crore) - bringing India's total competitive bidding transmission pipeline to Rs. 2,34,898 crore. Private participation now nearly matches PGCIL in competitive bidding transmission routes. Details
NEWS UPDATE: TARIFF & REGULATORY ORDERS
May 15:
COMMISSION ORDERS (CERC/SERC)
8HPERC approves Himachal Pradesh's Resource Adequacy Plan for FY2026-35; total contracted capacity to hit 11,524 MW by 2035-36
The Himachal Pradesh Electricity Regulatory Commission (HPERC) decided on Petition No. 73 of 2026 on May 14, 2026, approving the Resource Adequacy Plan submitted by HP State Electricity Board Limited. The plan projects electricity demand to grow at a CAGR of 4.63% with peak demand at 3.71% from FY26 to FY36. By FY2035-36, total projected contracted capacity will be approximately 11,524 MW, comprising 4,067 MW solar, 2,247 MW hydro, 900 MW hydro-pumped storage, 569 MW hydro-based, 410 MW coal, 55 MW nuclear and 4 MW biomass.
8CERC adopts transmission charges for Morena-I SEZ's 2,500 MW renewable evacuation system in Madhya Pradesh
The Central Electricity Regulatory Commission, in Petition No. 132/AT/2026 dated May 13, 2026, took up the matter of transmission charges for Morena-I SEZ Transmission Limited's infrastructure built to evacuate power from 2,500 MW RE projects in Morena SEZ, Madhya Pradesh - Phase I - under Section 63 of the Electricity Act, 2003. The proceeding aims to operationalise transmission tariff arrangements for power evacuation from a key renewable energy zone supporting India's clean energy targets.
8CERC schedules June 10 public hearing on Power Market Second Amendment Regulations 2026 via online video conference
The Central Electricity Regulatory Commission, vide notice No. L-1/257/2020 dated May 13, 2026, announced a public hearing on June 10, 2026 at 10:30 AM through online video conferencing on the Draft CERC (Power Market) (Second Amendment) Regulations, 2026. The hearing invites representatives from central/state governments, LDCs, CPSUs, transmission licensees, power exchanges, IPPs, financial institutions, NGOs and consultancy firms, marking a major review of India's power market regulatory framework.
8CERC extends deadline for Power Market Second Amendment comments to June 5, 2026 after stakeholder requests
The Central Electricity Regulatory Commission, vide Public Notice No. L-1/257/2020 dated May 13, 2026, extended the submission deadline for comments, suggestions and objections on the Draft CERC (Power Market) (Second Amendment) Regulations, 2026, from May 16, 2026 to June 5, 2026 - following requests from stakeholders. Submissions are to be sent to secy@cercind.gov.in and mahesh.khicher@cercind.gov.in, providing additional time for power exchanges, traders, and market participants to articulate views on key amendments.
8TNERC releases Draft SLDC Fees and Charges Regulations 2026 with new MYT framework and control period
The Tamil Nadu Electricity Regulatory Commission released its Draft Regulations for Determination of State Load Despatch Centre Fees and Charges, 2026, on May 14, 2026, covering the Multi-Year Tariff (MYT) framework, annual tariff cycle, control period, definitions, transitional provisions and applicability. The regulation is constituted under Section 82(1) of the Electricity Act, 2003 (Central Act 36 of 2003) and forms the basis for recovering the operating costs of Tamil Nadu's State Load Despatch Centre over a multi-year horizon.
8APTEL rules on tariff dispute for NEEPCO's 101 MW Tripura gas plant in Appeal No. 184 of 2020
The Appellate Tribunal for Electricity (APTEL) delivered its judgment on May 14, 2026 in Appeal No. 184 of 2020, filed by Tripura State Electricity Corporation Limited (TSECL) challenging CERC's April 4, 2019 order on tariff approval for North Eastern Electric Power Corporation Ltd.'s (NEEPCO) 101 MW Tripura Gas Based Power Plant at Monarchak, Sepahijala District. The original CERC petition (No. 128/GT/2017) covered the tariff from Commercial Operation Date of the Gas Turbine unit to March 31, 2019, with TSECL as the sole beneficiary and off-taker.
REGULATORY PETITION & REVIEW
8UPERC hears Spaark Bresson WTE's tariff petition for 24.70 MW waste-to-energy plant at Kuberpur, Agra
The Uttar Pradesh Electricity Regulatory Commission, Lucknow, on May 14, 2026, took up Petition No. 2373 of 2026 filed by M/s Spaark Bresson WTE Private Ltd., Faridabad, Haryana, seeking provisional tariff approval for supply of 21 MW from a 24.70 MW Municipal Solid Waste-based Waste-to-Energy plant at Kuberpur, Agra, Uttar Pradesh, under Sections 61, 62 and 86 of the Electricity Act, 2003, with UPPCL as the respondent. The matter is significant for India's urban waste-to-power policy framework.
8UPERC proceeds in fly ash transportation reimbursement case for FY 2022-23, 2023-24 and 2024-25
The Uttar Pradesh Electricity Regulatory Commission, Lucknow, in Petition Nos. 2106/2024 and 2226/2025, heard arguments on May 14, 2026, concerning reimbursement of fly ash transportation costs for FY 2022-23, 2023-24, and 2024-25 under MoEF&CC Notification No. S.O. 5481(E) dated December 31, 2021. The petition is filed under Section 86(1)(b) of the Electricity Act, 2003, and Article 14 of the Power Purchase Agreement dated November 12, 2006, addressing a cost pass-through issue for thermal generators.
8GERC adjourns Gujarat Urja Vikas Nigam's 700 MW solar PV tariff petition for Dholera Solar Park Phase IX
The Gujarat Electricity Regulatory Commission, in its daily order dated May 13, 2026, adjourned Petition No. 1906 of 2020 filed by Gujarat Urja Vikas Nigam Limited seeking adoption of tariff for 700 MW Solar PV projects in the 1,000 MW Dholera Solar Park under Phase IX competitive bidding. The matter stands connected with Petitions No. 2282 and 2283 of 2023, and the next hearing date is to be intimated separately, leaving one of Gujarat's largest solar park tariff finalisations pending.
8TNERC adjourns Tamil Nadu Power Distribution Corp's MP No. 12 case to May 19; Sakthi Sugars and TNPL case also listed
The Tamil Nadu Electricity Regulatory Commission, on May 14, 2026, adjourned M.P. No. 12 of 2026 filed by the Chief Engineer/PPP of Tamil Nadu Power Distribution Corporation Ltd. to May 19, 2026, at the petitioner's request for filing an additional affidavit. The same bench also listed Review Application No. 3 of 2024, involving M/s Sakthi Sugars and Tamil Nadu Newsprint and Papers Ltd. versus TANGEDCO. The matters concern intra-state power supply and PPA-related disputes.
OMBUDSMAN & CONSUMER GRIEVANCE
8Uttarakhand Ombudsman awards relief to Roorkee consumer in 8-year billing dispute with UPCL
The Electricity Ombudsman of Uttarakhand, in Award No. 14/2026 dated May 13, 2026, adjudicated the complaint of Shri Raja Ram, Haridwar, who contested that dues of Rs. 75,560 cleared on March 25, 2015, against a 1 KW domestic connection (meter no. 530172) were still being raised by Uttarakhand Power Corporation Ltd., Roorkee - a dispute that had persisted despite payment records. The ruling provides consumer relief in a long-pending billing dispute and reinforces ombudsman jurisdiction over legacy claims.
872-year-old Srinagar Garhwal consumer wins UPCL meter dispute; Uttarakhand Ombudsman issues Award No. 60/2025
The Electricity Ombudsman of Uttarakhand issued Award dated May 13, 2026, in Representation No. 60/2025, ruling in favour of Shri Praveen Thapliyal, a 72-year-old senior citizen from Tehri Garhwal, who alleged that a UPCL representative visited his premises on March 19, 2025, for meter reading but no bill was issued. His connection no. SN75209071891 served only 3 residents, yet billing irregularities persisted. The decision underscores ombudsman protections for senior citizens facing utility disputes.
8Galwalia Ispat moves from Uttarakhand Ombudsman to UERC; Representation No. 20/2026 closed without merits
The Electricity Ombudsman of Uttarakhand closed Representation No. 20/2026 on May 13, 2026, after M/s Galwalia Ispat Udyog (P) Ltd., Narain Nagar Industrial Area, Kashipur, Udham Singh Nagar, withdrew its appeal against Uttarakhand Power Corporation Ltd. The petitioner opted to pursue the case before the Uttarakhand Electricity Regulatory Commission, which had accepted it for hearing - a procedural shift reflecting the layered redressal mechanism for industrial consumers under the Electricity Act, 2003.
8La Opala RG withdraws UPCL complaint at Uttarakhand Ombudsman; shifts case to UERC in Sitarganj billing matter
The Electricity Ombudsman of Uttarakhand closed Representation No. 10/2026 on May 6, 2026, after La Opala RG Ltd., Plot No. B-108, ESIP, Sitarganj, Udham Singh Nagar, withdrew its appeal against Uttarakhand Power Corporation Ltd. via letter dated May 7, 2026, citing intent to pursue the matter before the Hon'ble UERC. The withdrawal underscores how high-value industrial consumers prefer direct regulatory adjudication over the ombudsman route for complex tariff and billing disputes. Details
8HPERC approves Himachal Pradesh's Resource Adequacy Plan for FY2026-35; total contracted capacity to hit 11,524 MW by 2035-36
The Himachal Pradesh Electricity Regulatory Commission (HPERC) decided on Petition No. 73 of 2026 on May 14, 2026, approving the Resource Adequacy Plan submitted by HP State Electricity Board Limited. The plan projects electricity demand to grow at a CAGR of 4.63% with peak demand at 3.71% from FY26 to FY36. By FY2035-36, total projected contracted capacity will be approximately 11,524 MW, comprising 4,067 MW solar, 2,247 MW hydro, 900 MW hydro-pumped storage, 569 MW hydro-based, 410 MW coal, 55 MW nuclear and 4 MW biomass.
8CERC adopts transmission charges for Morena-I SEZ's 2,500 MW renewable evacuation system in Madhya Pradesh
The Central Electricity Regulatory Commission, in Petition No. 132/AT/2026 dated May 13, 2026, took up the matter of transmission charges for Morena-I SEZ Transmission Limited's infrastructure built to evacuate power from 2,500 MW RE projects in Morena SEZ, Madhya Pradesh - Phase I - under Section 63 of the Electricity Act, 2003. The proceeding aims to operationalise transmission tariff arrangements for power evacuation from a key renewable energy zone supporting India's clean energy targets.
8CERC schedules June 10 public hearing on Power Market Second Amendment Regulations 2026 via online video conference
The Central Electricity Regulatory Commission, vide notice No. L-1/257/2020 dated May 13, 2026, announced a public hearing on June 10, 2026 at 10:30 AM through online video conferencing on the Draft CERC (Power Market) (Second Amendment) Regulations, 2026. The hearing invites representatives from central/state governments, LDCs, CPSUs, transmission licensees, power exchanges, IPPs, financial institutions, NGOs and consultancy firms, marking a major review of India's power market regulatory framework.
8CERC extends deadline for Power Market Second Amendment comments to June 5, 2026 after stakeholder requests
The Central Electricity Regulatory Commission, vide Public Notice No. L-1/257/2020 dated May 13, 2026, extended the submission deadline for comments, suggestions and objections on the Draft CERC (Power Market) (Second Amendment) Regulations, 2026, from May 16, 2026 to June 5, 2026 - following requests from stakeholders. Submissions are to be sent to secy@cercind.gov.in and mahesh.khicher@cercind.gov.in, providing additional time for power exchanges, traders, and market participants to articulate views on key amendments.
8TNERC releases Draft SLDC Fees and Charges Regulations 2026 with new MYT framework and control period
The Tamil Nadu Electricity Regulatory Commission released its Draft Regulations for Determination of State Load Despatch Centre Fees and Charges, 2026, on May 14, 2026, covering the Multi-Year Tariff (MYT) framework, annual tariff cycle, control period, definitions, transitional provisions and applicability. The regulation is constituted under Section 82(1) of the Electricity Act, 2003 (Central Act 36 of 2003) and forms the basis for recovering the operating costs of Tamil Nadu's State Load Despatch Centre over a multi-year horizon.
8APTEL rules on tariff dispute for NEEPCO's 101 MW Tripura gas plant in Appeal No. 184 of 2020
The Appellate Tribunal for Electricity (APTEL) delivered its judgment on May 14, 2026 in Appeal No. 184 of 2020, filed by Tripura State Electricity Corporation Limited (TSECL) challenging CERC's April 4, 2019 order on tariff approval for North Eastern Electric Power Corporation Ltd.'s (NEEPCO) 101 MW Tripura Gas Based Power Plant at Monarchak, Sepahijala District. The original CERC petition (No. 128/GT/2017) covered the tariff from Commercial Operation Date of the Gas Turbine unit to March 31, 2019, with TSECL as the sole beneficiary and off-taker.
REGULATORY PETITION & REVIEW
8UPERC hears Spaark Bresson WTE's tariff petition for 24.70 MW waste-to-energy plant at Kuberpur, Agra
The Uttar Pradesh Electricity Regulatory Commission, Lucknow, on May 14, 2026, took up Petition No. 2373 of 2026 filed by M/s Spaark Bresson WTE Private Ltd., Faridabad, Haryana, seeking provisional tariff approval for supply of 21 MW from a 24.70 MW Municipal Solid Waste-based Waste-to-Energy plant at Kuberpur, Agra, Uttar Pradesh, under Sections 61, 62 and 86 of the Electricity Act, 2003, with UPPCL as the respondent. The matter is significant for India's urban waste-to-power policy framework.
8UPERC proceeds in fly ash transportation reimbursement case for FY 2022-23, 2023-24 and 2024-25
The Uttar Pradesh Electricity Regulatory Commission, Lucknow, in Petition Nos. 2106/2024 and 2226/2025, heard arguments on May 14, 2026, concerning reimbursement of fly ash transportation costs for FY 2022-23, 2023-24, and 2024-25 under MoEF&CC Notification No. S.O. 5481(E) dated December 31, 2021. The petition is filed under Section 86(1)(b) of the Electricity Act, 2003, and Article 14 of the Power Purchase Agreement dated November 12, 2006, addressing a cost pass-through issue for thermal generators.
8GERC adjourns Gujarat Urja Vikas Nigam's 700 MW solar PV tariff petition for Dholera Solar Park Phase IX
The Gujarat Electricity Regulatory Commission, in its daily order dated May 13, 2026, adjourned Petition No. 1906 of 2020 filed by Gujarat Urja Vikas Nigam Limited seeking adoption of tariff for 700 MW Solar PV projects in the 1,000 MW Dholera Solar Park under Phase IX competitive bidding. The matter stands connected with Petitions No. 2282 and 2283 of 2023, and the next hearing date is to be intimated separately, leaving one of Gujarat's largest solar park tariff finalisations pending.
8TNERC adjourns Tamil Nadu Power Distribution Corp's MP No. 12 case to May 19; Sakthi Sugars and TNPL case also listed
The Tamil Nadu Electricity Regulatory Commission, on May 14, 2026, adjourned M.P. No. 12 of 2026 filed by the Chief Engineer/PPP of Tamil Nadu Power Distribution Corporation Ltd. to May 19, 2026, at the petitioner's request for filing an additional affidavit. The same bench also listed Review Application No. 3 of 2024, involving M/s Sakthi Sugars and Tamil Nadu Newsprint and Papers Ltd. versus TANGEDCO. The matters concern intra-state power supply and PPA-related disputes.
OMBUDSMAN & CONSUMER GRIEVANCE
8Uttarakhand Ombudsman awards relief to Roorkee consumer in 8-year billing dispute with UPCL
The Electricity Ombudsman of Uttarakhand, in Award No. 14/2026 dated May 13, 2026, adjudicated the complaint of Shri Raja Ram, Haridwar, who contested that dues of Rs. 75,560 cleared on March 25, 2015, against a 1 KW domestic connection (meter no. 530172) were still being raised by Uttarakhand Power Corporation Ltd., Roorkee - a dispute that had persisted despite payment records. The ruling provides consumer relief in a long-pending billing dispute and reinforces ombudsman jurisdiction over legacy claims.
872-year-old Srinagar Garhwal consumer wins UPCL meter dispute; Uttarakhand Ombudsman issues Award No. 60/2025
The Electricity Ombudsman of Uttarakhand issued Award dated May 13, 2026, in Representation No. 60/2025, ruling in favour of Shri Praveen Thapliyal, a 72-year-old senior citizen from Tehri Garhwal, who alleged that a UPCL representative visited his premises on March 19, 2025, for meter reading but no bill was issued. His connection no. SN75209071891 served only 3 residents, yet billing irregularities persisted. The decision underscores ombudsman protections for senior citizens facing utility disputes.
8Galwalia Ispat moves from Uttarakhand Ombudsman to UERC; Representation No. 20/2026 closed without merits
The Electricity Ombudsman of Uttarakhand closed Representation No. 20/2026 on May 13, 2026, after M/s Galwalia Ispat Udyog (P) Ltd., Narain Nagar Industrial Area, Kashipur, Udham Singh Nagar, withdrew its appeal against Uttarakhand Power Corporation Ltd. The petitioner opted to pursue the case before the Uttarakhand Electricity Regulatory Commission, which had accepted it for hearing - a procedural shift reflecting the layered redressal mechanism for industrial consumers under the Electricity Act, 2003.
8La Opala RG withdraws UPCL complaint at Uttarakhand Ombudsman; shifts case to UERC in Sitarganj billing matter
The Electricity Ombudsman of Uttarakhand closed Representation No. 10/2026 on May 6, 2026, after La Opala RG Ltd., Plot No. B-108, ESIP, Sitarganj, Udham Singh Nagar, withdrew its appeal against Uttarakhand Power Corporation Ltd. via letter dated May 7, 2026, citing intent to pursue the matter before the Hon'ble UERC. The withdrawal underscores how high-value industrial consumers prefer direct regulatory adjudication over the ombudsman route for complex tariff and billing disputes. Details
NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE
May 15:
QUARTERLY RESULTS
8TD Power Systems posts 42% surge in Q4 FY26 net sales to Rs. 53,426 lakhs; PAT jumps 43% YoY
TD Power Systems Limited (NSE: TDPOWERSYS | BSE: 533553), headquartered in Bengaluru, reported Q4 FY26 Net Sales rising to Rs. 53,426.62 lakhs from Rs. 37,634.47 lakhs a year earlier - a 42% jump - with PAT climbing 43% YoY to Rs. 6,274.20 lakhs. For full year FY26, Net Sales stood at Rs. 1,71,666.38 lakhs versus Rs. 1,26,539.62 lakhs in FY25, with annual PAT at Rs. 21,644.35 lakhs. The board also approved a final dividend of Rs. 1.10 per share and a 1:2 stock split.
8Fujiyama Power Systems delivers 87.5% revenue surge to Rs. 9,008 million in Q4 FY26; PAT more than doubles YoY
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613), a leading rooftop solar solutions provider, reported Q4 FY26 Revenue from Operations of Rs. 9,008 million - up 87.5% YoY - while EBITDA soared 116.9% to Rs. 1,715 million at a 19.0% margin. PAT grew 107.5% to Rs. 1,063 million with an 11.8% PAT margin. For FY26, revenue reached Rs. 26,545 million (up 72.3% YoY), with EBITDA nearly doubling to Rs. 4,903 million, reflecting strong rooftop solar demand.
8HCC FY26 standalone net profit surges 142% to Rs. 205.8 crore as debt falls 38% to Rs. 1,995 crore
Hindustan Construction Company Ltd. (NSE: HCC | BSE: 500185) reported standalone net profit rising 142% YoY to Rs. 205.8 crore from Rs. 84.9 crore in FY25, while debt was slashed 38% to Rs. 1,995 crore. The company's order book stood at Rs. 12,971 crore as of March 31, 2026, with new orders of Rs. 4,554 crore secured during FY26. Standalone EBITDA margin reached 16.1% and consolidated revenue stood at Rs. 3,969.6 crore. HCC has built 60% of India's installed nuclear power capacity.
8Kalpataru Projects reports 22% revenue jump to Rs. 27,143 crore in FY26; net debt plummets 53% to Rs. 915 crore
Kalpataru Projects International Limited (NSE: KPIL | BSE: 522287), an infrastructure EPC major, delivered its highest-ever consolidated revenue of Rs. 27,143 crore in FY26 - up 22% YoY - while EBITDA grew 22% to Rs. 2,240 crore. Pre-tax profit surged 62% YoY to Rs. 1,334 crore with PBT margin improving by 120 bps to 4.9%. Net debt was cut 53% to Rs. 915 crore, and EPS rose 71% to Rs. 60.90 per share. Order book stood at Rs. 65,457 crore with FY26 order intake of Rs. 26,400 crore.
8IndiGrid reports Q4 FY26 operational revenue of Rs. 874 crore, up 9.5% YoY; delivers full year DPU of Rs. 16 per unit
IndiGrid Infrastructure Trust, managed by IndiGrid Investment Managers Limited, reported Q4 FY26 operational revenue of Rs. 874 crore - up 9.5% YoY - with operational EBITDA of Rs. 782 crore at 89% margin (up 8.5% YoY). For FY26, operational revenue was Rs. 3,311 crore (up 3.1%) and EBITDA at Rs. 2,982 crore with 90% margin. AUM stood at Rs. 33,815 crore with Net Debt/AUM at 57.6%. Q4 FY26 DPU was declared at Rs. 4.00, delivering full-year guidance of Rs. 16.00 per unit.
8GMDC posts FY26 revenue of Rs. 2,653.38 crore; PBT of Rs. 1,301.88 crore including Rs. 492.63 crore GST credit
Gujarat Mineral Development Corporation Limited (NSE: GMDCLTD | BSE: 532181), a Government of Gujarat Enterprise, approved audited FY26 results on May 14, 2026. Revenue from Operations for FY26 stood at Rs. 2,653.38 crore versus Rs. 2,850.84 crore in FY25, with Net Profit Before Tax of Rs. 1,301.88 crore - boosted by an exceptional item of Rs. 522.65 crore representing GST input tax credit of Rs. 492.63 crore on lignite supply. Q4 FY26 standalone revenue was Rs. 814.05 crore with PBT of Rs. 261.74 crore.
8Patel Engineering posts FY26 revenue of Rs. 51,207 million with PAT of Rs. 2,945 million and EPS of Rs. 2.84
Patel Engineering Limited (NSE: PATELENG | BSE: 531120) reported FY26 consolidated revenue from operations of Rs. 51,027 million (up 0.2% YoY versus Rs. 50,934 million in FY25), EBITDA of Rs. 6,840 million at a 13.40% margin, and PAT of Rs. 2,945 million at 5.77% margin, with diluted EPS of Rs. 2.84 per share. Total order book stood at Rs. 1,51,193 million with FY26 order inflow of Rs. 44,000 million, and the company monetised non-core assets worth Rs. 1,850 million.
8Kalpataru Projects Q4 FY26 revenue rises 10% to Rs. 7,778 crore; PBT up 73% YoY to Rs. 511 crore
Kalpataru Projects International Limited (NSE: KPIL | BSE: 522287) published Q4 FY26 results showing revenue of Rs. 7,778 crore (up 10% YoY), EBITDA of Rs. 640 crore (up 19% YoY), and PBT of Rs. 511 crore (up 73% YoY). The Q4 performance contributed to the highest-ever annual revenue of Rs. 27,143 crore for FY26. The Board recommended a dividend of Rs. 11 per share (550% on face value of Rs. 2). The company holds a robust order book of Rs. 65,457 crore and received FY26 order intake of Rs. 26,400 crore.
ANNUAL RESULTS
8L&T files Integrated Annual Report for FY2025-26 ahead of 81st AGM scheduled for June 5, 2026
Larsen & Toubro Limited (NSE: LT | BSE: 500510), India's largest engineering conglomerate (CIN: L99999MH1946PLC004768), filed its Integrated Annual Report for FY2025-26 including Business Responsibility and Sustainability Reporting with BSE and NSE. The report precedes L&T's 81st Annual General Meeting scheduled for Friday, June 5, 2026 at 3:00 PM IST via Video Conferencing. L&T emphasised resilience amidst global geopolitical shifts, AI-driven innovation, and India's infrastructure growth story during FY26.
8Orient Green Power releases Q4 FY26 audited standalone and consolidated results audio recording
Orient Green Power Company Limited (NSE: GREENPOWER | BSE: 533263) uploaded the audio recording of its Investors/Analysts Call held on May 13, 2026, covering audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The recording, accessible on the company's website, confirms compliance with SEBI Regulation 30 obligations and offers institutional investors and analysts post-call access to management commentary on the renewable energy company's FY26 operational and financial performance.
DIVIDEND & BOARD DECISIONS
8HCC board approves Rs. 800 crore fundraise; authorised share capital raised from Rs. 300 crore to Rs. 400 crore
Hindustan Construction Company Ltd. (NSE: HCC | BSE: 500185) announced a major capital-raising plan with its Board approving fund infusion of up to Rs. 800 crore through equity shares or equity-linked instruments including QIP, preferential allotment, or rights issue, subject to regulatory and shareholder approvals. The Board also approved an increase in Authorised Share Capital from Rs. 300 crore to Rs. 400 crore, restructuring the capital to 390 crore equity shares of Rs. 1 each. The announcement came at the Board Meeting held on May 14, 2026.
8Kalpataru Projects board recommends Rs. 11 per share dividend (550%) on Rs. 2 face value for FY26
Kalpataru Projects International Limited (NSE: KPIL | BSE: 522287) Board recommended a dividend of Rs. 11 per share representing 550% on face value of Rs. 2 for FY26. The declaration follows the company's strongest-ever financial performance with consolidated revenue of Rs. 27,143 crore (up 22% YoY), EBITDA of Rs. 2,240 crore, and PAT growth that took EPS up 71% to Rs. 60.90 per share. Net debt was simultaneously cut by 53% to Rs. 915 crore, strengthening the balance sheet alongside the dividend payout.
8GMDC recommends Rs. 9.50 per share dividend (475%) on Rs. 2 face value after FY26 PBT of Rs. 1,301.88 crore
Gujarat Mineral Development Corporation Limited (NSE: GMDCLTD | BSE: 532181), a Government of Gujarat Enterprise, recommended a dividend of Rs. 9.50 per equity share of Rs. 2 each (475% of face value) for FY26, subject to shareholder approval at the AGM. The recommendation came alongside FY26 Net Profit Before Tax of Rs. 1,301.88 crore - boosted by an exceptional item of Rs. 522.65 crore representing GST input tax credit of Rs. 492.63 crore on lignite supply. Total assets stood at Rs. 8,978.89 crore as of March 31, 2026.
8Fujiyama Power board approves 1.2 GW TOPCon solar cell plant at Ratlam with Rs. 350 crore investment
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613) held its Board Meeting on May 14, 2026 from 4:45 PM to 7:00 PM IST, approving audited FY26 financial results, setting up a 1.2 GW TOPCon solar cell manufacturing facility at Ratlam, Madhya Pradesh with a Rs. 350 crore investment, and commissioning its 2 GW solar panel manufacturing line at Ratlam. The Board also provided updates on inverter and battery manufacturing lines and addressed a fire incident at the company's Bawal Industrial Area facility in Rewari, Haryana.
8Siemens Limited receives Central Government approval to shift financial year to April–March cycle from FY2026-27
Siemens Limited (NSE: SIEMENS EQ | BSE: 500550) disclosed on May 14, 2026 that it has received an order from the Central Government through the Regional Director, Western Region Directorate I, Ministry of Corporate Affairs, Mumbai, vide order dated May 13, 2026, approving a change in its financial year. The company will adopt a uniform April 1–March 31 financial year cycle beginning FY2026-27, and will observe a one-time transitional 18-month financial year from October 1, 2024 to March 31, 2026, transitioning from its prior October–September cycle.
EARNINGS CALL & ANALYST MEET
8Siemens Energy India hosts H1 FY26 earnings call; powers 55% of India's large steam turbines and 30% of grid capacity
Siemens Energy India Limited (NSE: ENRIN | BSE: 544390), a pure-play energy company with 8 factories across India (CIN: L28110MH2024PLC418770), hosted its H1 FY26 Earnings Call with investors on May 15, 2026. The company serves India's entire energy value chain across power generation, transmission, and industrial solutions, with its technology underpinning approximately 55% of India's large steam turbines, 25% of gas turbines, and 30% of grid capacity. Sales rights also cover Bhutan, Nepal, Maldives, and Sri Lanka.
8ACME Solar Holdings releases full transcript of Q4 FY26 earnings call held May 8, 2026
ACME Solar Holdings Limited (NSE: ACMESOLAR | BSE: 544283), headquartered in Gurugram, Haryana (CIN: L40106HR2015PLC102129), filed the complete transcript of its Q4 and FY26 Earnings Conference Call held on May 8, 2026. Key management - including Chairman & MD Manoj Kumar Upadhyay, CEO Nikhil Dhingra, and CFO Arun Chopra - participated in the call moderated by Nikunj Seth of MUFG. The transcript covers audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
8Genus Power Infrastructures schedules Q4 FY26 earnings call for May 19, 2026 at 1:00 PM IST
Genus Power Infrastructures Limited (NSE: GENUSPOWER | BSE: 530343), a Kailash Group Company headquartered in Jaipur, announced an earnings call on Tuesday, May 19, 2026 at 1:00 PM IST to discuss its operational and financial performance for the quarter and full year ended March 31, 2026. The call will be hosted by Kaviraj Securities Pvt. Ltd., offering analysts and investors a first look at the smart metering and energy management major's FY26 results. The company is a key player in India's smart meter rollout under various state DISCOM tenders.
8Quality Power shares Q4 FY26 earnings presentation; IPO at Rs. 425 per share raised Rs. 858.70 crore
Quality Power Electrical Equipments Limited (NSE: QPOWER | BSE: 544367) shared its Q4 FY26 Earnings Presentation at an investor/analyst call held on May 14, 2026 at 12:00 PM IST. The company, which raised a total of Rs. 858.696 crore through its IPO at Rs. 425 per share - Rs. 224.999 crore as fresh issue (5,294,100 shares) and Rs. 633.696 crore as offer for sale (14,910,500 shares) - presented its audited financial results for the quarter and year ended March 31, 2026.
8Patel Engineering MD and CFO lead Q4 FY26 investor call; audio recording uploaded online
Patel Engineering Limited (NSE: PATELENG | BSE: 531120), a Mumbai-based infrastructure company (CIN: L99999MH1949PLC007039), uploaded the audio recording of its Q4 and FY26 Investor Conference Call to its website. The call was attended by Managing Director Ms. Kavita Shirvaikar and Chief Financial Officer Mr. Rahul Agarwal. The company confirmed that no unpublished price-sensitive information was shared during the call. The recording is available at https://tinyurl.com/ys74s4xm, submitted per SEBI Regulations 30 and 46(2)(oa).
CREDIT RATING & ANALYST REPORT
8ICRA withdraws [ICRA]A+(Stable) rating on Tirunveli Solar's Rs. 300 crore bank facilities after No Dues Certificate
ICRA has withdrawn the [ICRA]A+(Stable) ratings on the bank facilities of Tirunveli Solar Project Private Limited (TSPPL) - totalling Rs. 300 crore (Rs. 273 crore term loan and Rs. 27 crore working capital) - at the company's request and based on a No Dues Certificate received from its bankers. TSPPL is a subsidiary of Ayana Renewable Power Private Limited (ARPPL), which provides parent-level financial support. The withdrawal is in line with ICRA's policy on rating withdrawals.
8CareEdge retains 'CARE D; ISSUER NOT COOPERATING' tag on Rake Power's Rs. 10 crore bank facilities
CARE Ratings Ltd. (CareEdge Ratings) retained a 'CARE D; ISSUER NOT COOPERATING' rating on Rake Power Limited's (RPL) bank facilities totalling Rs. 10 crore - Rs. 7 crore long-term and Rs. 3 crore long-term/short-term. First placed under this category on March 21, 2025, RPL has continued to fail to provide information despite repeated requests on February 4, February 14, and February 24, 2026. The rating indicates default-level credit risk based on the best available information. Details
8TD Power Systems posts 42% surge in Q4 FY26 net sales to Rs. 53,426 lakhs; PAT jumps 43% YoY
TD Power Systems Limited (NSE: TDPOWERSYS | BSE: 533553), headquartered in Bengaluru, reported Q4 FY26 Net Sales rising to Rs. 53,426.62 lakhs from Rs. 37,634.47 lakhs a year earlier - a 42% jump - with PAT climbing 43% YoY to Rs. 6,274.20 lakhs. For full year FY26, Net Sales stood at Rs. 1,71,666.38 lakhs versus Rs. 1,26,539.62 lakhs in FY25, with annual PAT at Rs. 21,644.35 lakhs. The board also approved a final dividend of Rs. 1.10 per share and a 1:2 stock split.
8Fujiyama Power Systems delivers 87.5% revenue surge to Rs. 9,008 million in Q4 FY26; PAT more than doubles YoY
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613), a leading rooftop solar solutions provider, reported Q4 FY26 Revenue from Operations of Rs. 9,008 million - up 87.5% YoY - while EBITDA soared 116.9% to Rs. 1,715 million at a 19.0% margin. PAT grew 107.5% to Rs. 1,063 million with an 11.8% PAT margin. For FY26, revenue reached Rs. 26,545 million (up 72.3% YoY), with EBITDA nearly doubling to Rs. 4,903 million, reflecting strong rooftop solar demand.
8HCC FY26 standalone net profit surges 142% to Rs. 205.8 crore as debt falls 38% to Rs. 1,995 crore
Hindustan Construction Company Ltd. (NSE: HCC | BSE: 500185) reported standalone net profit rising 142% YoY to Rs. 205.8 crore from Rs. 84.9 crore in FY25, while debt was slashed 38% to Rs. 1,995 crore. The company's order book stood at Rs. 12,971 crore as of March 31, 2026, with new orders of Rs. 4,554 crore secured during FY26. Standalone EBITDA margin reached 16.1% and consolidated revenue stood at Rs. 3,969.6 crore. HCC has built 60% of India's installed nuclear power capacity.
8Kalpataru Projects reports 22% revenue jump to Rs. 27,143 crore in FY26; net debt plummets 53% to Rs. 915 crore
Kalpataru Projects International Limited (NSE: KPIL | BSE: 522287), an infrastructure EPC major, delivered its highest-ever consolidated revenue of Rs. 27,143 crore in FY26 - up 22% YoY - while EBITDA grew 22% to Rs. 2,240 crore. Pre-tax profit surged 62% YoY to Rs. 1,334 crore with PBT margin improving by 120 bps to 4.9%. Net debt was cut 53% to Rs. 915 crore, and EPS rose 71% to Rs. 60.90 per share. Order book stood at Rs. 65,457 crore with FY26 order intake of Rs. 26,400 crore.
8IndiGrid reports Q4 FY26 operational revenue of Rs. 874 crore, up 9.5% YoY; delivers full year DPU of Rs. 16 per unit
IndiGrid Infrastructure Trust, managed by IndiGrid Investment Managers Limited, reported Q4 FY26 operational revenue of Rs. 874 crore - up 9.5% YoY - with operational EBITDA of Rs. 782 crore at 89% margin (up 8.5% YoY). For FY26, operational revenue was Rs. 3,311 crore (up 3.1%) and EBITDA at Rs. 2,982 crore with 90% margin. AUM stood at Rs. 33,815 crore with Net Debt/AUM at 57.6%. Q4 FY26 DPU was declared at Rs. 4.00, delivering full-year guidance of Rs. 16.00 per unit.
8GMDC posts FY26 revenue of Rs. 2,653.38 crore; PBT of Rs. 1,301.88 crore including Rs. 492.63 crore GST credit
Gujarat Mineral Development Corporation Limited (NSE: GMDCLTD | BSE: 532181), a Government of Gujarat Enterprise, approved audited FY26 results on May 14, 2026. Revenue from Operations for FY26 stood at Rs. 2,653.38 crore versus Rs. 2,850.84 crore in FY25, with Net Profit Before Tax of Rs. 1,301.88 crore - boosted by an exceptional item of Rs. 522.65 crore representing GST input tax credit of Rs. 492.63 crore on lignite supply. Q4 FY26 standalone revenue was Rs. 814.05 crore with PBT of Rs. 261.74 crore.
8Patel Engineering posts FY26 revenue of Rs. 51,207 million with PAT of Rs. 2,945 million and EPS of Rs. 2.84
Patel Engineering Limited (NSE: PATELENG | BSE: 531120) reported FY26 consolidated revenue from operations of Rs. 51,027 million (up 0.2% YoY versus Rs. 50,934 million in FY25), EBITDA of Rs. 6,840 million at a 13.40% margin, and PAT of Rs. 2,945 million at 5.77% margin, with diluted EPS of Rs. 2.84 per share. Total order book stood at Rs. 1,51,193 million with FY26 order inflow of Rs. 44,000 million, and the company monetised non-core assets worth Rs. 1,850 million.
8Kalpataru Projects Q4 FY26 revenue rises 10% to Rs. 7,778 crore; PBT up 73% YoY to Rs. 511 crore
Kalpataru Projects International Limited (NSE: KPIL | BSE: 522287) published Q4 FY26 results showing revenue of Rs. 7,778 crore (up 10% YoY), EBITDA of Rs. 640 crore (up 19% YoY), and PBT of Rs. 511 crore (up 73% YoY). The Q4 performance contributed to the highest-ever annual revenue of Rs. 27,143 crore for FY26. The Board recommended a dividend of Rs. 11 per share (550% on face value of Rs. 2). The company holds a robust order book of Rs. 65,457 crore and received FY26 order intake of Rs. 26,400 crore.
ANNUAL RESULTS
8L&T files Integrated Annual Report for FY2025-26 ahead of 81st AGM scheduled for June 5, 2026
Larsen & Toubro Limited (NSE: LT | BSE: 500510), India's largest engineering conglomerate (CIN: L99999MH1946PLC004768), filed its Integrated Annual Report for FY2025-26 including Business Responsibility and Sustainability Reporting with BSE and NSE. The report precedes L&T's 81st Annual General Meeting scheduled for Friday, June 5, 2026 at 3:00 PM IST via Video Conferencing. L&T emphasised resilience amidst global geopolitical shifts, AI-driven innovation, and India's infrastructure growth story during FY26.
8Orient Green Power releases Q4 FY26 audited standalone and consolidated results audio recording
Orient Green Power Company Limited (NSE: GREENPOWER | BSE: 533263) uploaded the audio recording of its Investors/Analysts Call held on May 13, 2026, covering audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The recording, accessible on the company's website, confirms compliance with SEBI Regulation 30 obligations and offers institutional investors and analysts post-call access to management commentary on the renewable energy company's FY26 operational and financial performance.
DIVIDEND & BOARD DECISIONS
8HCC board approves Rs. 800 crore fundraise; authorised share capital raised from Rs. 300 crore to Rs. 400 crore
Hindustan Construction Company Ltd. (NSE: HCC | BSE: 500185) announced a major capital-raising plan with its Board approving fund infusion of up to Rs. 800 crore through equity shares or equity-linked instruments including QIP, preferential allotment, or rights issue, subject to regulatory and shareholder approvals. The Board also approved an increase in Authorised Share Capital from Rs. 300 crore to Rs. 400 crore, restructuring the capital to 390 crore equity shares of Rs. 1 each. The announcement came at the Board Meeting held on May 14, 2026.
8Kalpataru Projects board recommends Rs. 11 per share dividend (550%) on Rs. 2 face value for FY26
Kalpataru Projects International Limited (NSE: KPIL | BSE: 522287) Board recommended a dividend of Rs. 11 per share representing 550% on face value of Rs. 2 for FY26. The declaration follows the company's strongest-ever financial performance with consolidated revenue of Rs. 27,143 crore (up 22% YoY), EBITDA of Rs. 2,240 crore, and PAT growth that took EPS up 71% to Rs. 60.90 per share. Net debt was simultaneously cut by 53% to Rs. 915 crore, strengthening the balance sheet alongside the dividend payout.
8GMDC recommends Rs. 9.50 per share dividend (475%) on Rs. 2 face value after FY26 PBT of Rs. 1,301.88 crore
Gujarat Mineral Development Corporation Limited (NSE: GMDCLTD | BSE: 532181), a Government of Gujarat Enterprise, recommended a dividend of Rs. 9.50 per equity share of Rs. 2 each (475% of face value) for FY26, subject to shareholder approval at the AGM. The recommendation came alongside FY26 Net Profit Before Tax of Rs. 1,301.88 crore - boosted by an exceptional item of Rs. 522.65 crore representing GST input tax credit of Rs. 492.63 crore on lignite supply. Total assets stood at Rs. 8,978.89 crore as of March 31, 2026.
8Fujiyama Power board approves 1.2 GW TOPCon solar cell plant at Ratlam with Rs. 350 crore investment
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613) held its Board Meeting on May 14, 2026 from 4:45 PM to 7:00 PM IST, approving audited FY26 financial results, setting up a 1.2 GW TOPCon solar cell manufacturing facility at Ratlam, Madhya Pradesh with a Rs. 350 crore investment, and commissioning its 2 GW solar panel manufacturing line at Ratlam. The Board also provided updates on inverter and battery manufacturing lines and addressed a fire incident at the company's Bawal Industrial Area facility in Rewari, Haryana.
8Siemens Limited receives Central Government approval to shift financial year to April–March cycle from FY2026-27
Siemens Limited (NSE: SIEMENS EQ | BSE: 500550) disclosed on May 14, 2026 that it has received an order from the Central Government through the Regional Director, Western Region Directorate I, Ministry of Corporate Affairs, Mumbai, vide order dated May 13, 2026, approving a change in its financial year. The company will adopt a uniform April 1–March 31 financial year cycle beginning FY2026-27, and will observe a one-time transitional 18-month financial year from October 1, 2024 to March 31, 2026, transitioning from its prior October–September cycle.
EARNINGS CALL & ANALYST MEET
8Siemens Energy India hosts H1 FY26 earnings call; powers 55% of India's large steam turbines and 30% of grid capacity
Siemens Energy India Limited (NSE: ENRIN | BSE: 544390), a pure-play energy company with 8 factories across India (CIN: L28110MH2024PLC418770), hosted its H1 FY26 Earnings Call with investors on May 15, 2026. The company serves India's entire energy value chain across power generation, transmission, and industrial solutions, with its technology underpinning approximately 55% of India's large steam turbines, 25% of gas turbines, and 30% of grid capacity. Sales rights also cover Bhutan, Nepal, Maldives, and Sri Lanka.
8ACME Solar Holdings releases full transcript of Q4 FY26 earnings call held May 8, 2026
ACME Solar Holdings Limited (NSE: ACMESOLAR | BSE: 544283), headquartered in Gurugram, Haryana (CIN: L40106HR2015PLC102129), filed the complete transcript of its Q4 and FY26 Earnings Conference Call held on May 8, 2026. Key management - including Chairman & MD Manoj Kumar Upadhyay, CEO Nikhil Dhingra, and CFO Arun Chopra - participated in the call moderated by Nikunj Seth of MUFG. The transcript covers audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
8Genus Power Infrastructures schedules Q4 FY26 earnings call for May 19, 2026 at 1:00 PM IST
Genus Power Infrastructures Limited (NSE: GENUSPOWER | BSE: 530343), a Kailash Group Company headquartered in Jaipur, announced an earnings call on Tuesday, May 19, 2026 at 1:00 PM IST to discuss its operational and financial performance for the quarter and full year ended March 31, 2026. The call will be hosted by Kaviraj Securities Pvt. Ltd., offering analysts and investors a first look at the smart metering and energy management major's FY26 results. The company is a key player in India's smart meter rollout under various state DISCOM tenders.
8Quality Power shares Q4 FY26 earnings presentation; IPO at Rs. 425 per share raised Rs. 858.70 crore
Quality Power Electrical Equipments Limited (NSE: QPOWER | BSE: 544367) shared its Q4 FY26 Earnings Presentation at an investor/analyst call held on May 14, 2026 at 12:00 PM IST. The company, which raised a total of Rs. 858.696 crore through its IPO at Rs. 425 per share - Rs. 224.999 crore as fresh issue (5,294,100 shares) and Rs. 633.696 crore as offer for sale (14,910,500 shares) - presented its audited financial results for the quarter and year ended March 31, 2026.
8Patel Engineering MD and CFO lead Q4 FY26 investor call; audio recording uploaded online
Patel Engineering Limited (NSE: PATELENG | BSE: 531120), a Mumbai-based infrastructure company (CIN: L99999MH1949PLC007039), uploaded the audio recording of its Q4 and FY26 Investor Conference Call to its website. The call was attended by Managing Director Ms. Kavita Shirvaikar and Chief Financial Officer Mr. Rahul Agarwal. The company confirmed that no unpublished price-sensitive information was shared during the call. The recording is available at https://tinyurl.com/ys74s4xm, submitted per SEBI Regulations 30 and 46(2)(oa).
CREDIT RATING & ANALYST REPORT
8ICRA withdraws [ICRA]A+(Stable) rating on Tirunveli Solar's Rs. 300 crore bank facilities after No Dues Certificate
ICRA has withdrawn the [ICRA]A+(Stable) ratings on the bank facilities of Tirunveli Solar Project Private Limited (TSPPL) - totalling Rs. 300 crore (Rs. 273 crore term loan and Rs. 27 crore working capital) - at the company's request and based on a No Dues Certificate received from its bankers. TSPPL is a subsidiary of Ayana Renewable Power Private Limited (ARPPL), which provides parent-level financial support. The withdrawal is in line with ICRA's policy on rating withdrawals.
8CareEdge retains 'CARE D; ISSUER NOT COOPERATING' tag on Rake Power's Rs. 10 crore bank facilities
CARE Ratings Ltd. (CareEdge Ratings) retained a 'CARE D; ISSUER NOT COOPERATING' rating on Rake Power Limited's (RPL) bank facilities totalling Rs. 10 crore - Rs. 7 crore long-term and Rs. 3 crore long-term/short-term. First placed under this category on March 21, 2025, RPL has continued to fail to provide information despite repeated requests on February 4, February 14, and February 24, 2026. The rating indicates default-level credit risk based on the best available information. Details
Download tenders and news clips
May 15:
For reference purposes the website carries here the following tenders:
8Tender for civil work for construction of 33 kV link bay at 132 kV S/S Details
8Tender for construction of 01 No. 132kV GIS bay and 01 No. 33kV GIS bay includes Details
8Tender for diversion of 220 kV DC line Details
8Tender for work of providing and applying high insulation compound coating to IPS tube's, support insulators Details
8Tender for work of annual rate contract for 220/110/48 V DC battery set & battery charger available Details
8Tender for work of annual rate contract for work of attending emergency breakdown & maintenance work during outage at various 220/132kV substation Details
8Tender for renovation of filter beds and replacement of filter media at water treatment plant Details
8Tender for outsourcing of electrical and instrumentation works Details
8Tender for induced draft cooling towers Details
8Tender for civil works for replacement of existing 100 MVA, 220/132kV transformer Details
8Tender for supply of high sensitivity SF6 gas leakage detector Details
8Tender for procurement of digital earth resistance instrument Details
8Tender for certain improvement works Details
8Design, fabrication, supply, installation, testing and commissioning of total of 18-WATT solar LED street lighting system Details
8Design, fabrication, supply, installation, testing and commissioning of total 30 KW grid connected solar PV power plant Details
8Tender for civil works to prevent the 33 kV S/Stn. Tohana Details
8Tender for civil works to prevent the 33 kV S/Stn. Details
8Tender for Re-construction of other allied civil works to prevent the 33 kV S/Stn. Details
8Tender for extension of switch house Details
8Tender for supply, erection, testing & commissioning of wire rope hoist with replacement of existing Details
8Tender for supply of 300 NB M.S.ERW pipes Details
8Tender for shifting and height raising of 132 kV D/C transmission line Details
8Tender for supply of pulverized fuel bends for coal mill Details
8Tender for routine, preventive, breakdown maintenance and overhauling jobs (mechanical jobs) of boiler feed pumps Details
8Tender for repair works inside power house like repairing of transformer Details
8Tender for face lifting including completion of balance works Details
8Tender for construction of retaining wall along with drain around back side of switchyard generator Details
8Tender for repair and renovation of frames, shutters Details
8Tender for work of interchange of 220kV circuit Details
8Tender for work of IN SITU repairing/overhauling of high energy drain valves Details
8Tender for supply of 33kV and 11kV, vacuum circuit breakers along with spare parts Details
8Tender for supply of 33/11 kV, 10 MVA power transformers Details
8Tender for rectification, grouting and water proofing works and other similar type miscellaneous job Details
8Tender for civil maintenance works Details
8Tender for providing wind barrier at ash pond 2 Details
8Tender for construction of partly over ground water storage tank including pipeline Details
8Tender for day to day maintenance of water distribution system Details
8Tender for roof treatment and associated civil works Details
8Design engineering inspection supply installation testing and commissioning of transformer and associated system Details
8Tender for miscellaneous repair work Details
8Tender for supply of 33/11 kV, 5.0 MVA power transformers Details
8Tender for annual operation upkeeping and horticulture maintenance Details
8Tender for procurement of testing equipment for different power houses Details
8Tender for procurement of 1000 MT sulphuric acid Details
8Tender for turnkey construction of 01 (one) no. of 33kV feeder bay Details
8Tender for construction of 33 kV line for power supply Details
8Tender for construction and shifting of existing 33kV/11kV/LT OH/UG lines Details
8Tender for supply of spares for model RAM 54 gas compressor Details
8Tender for procurement of consumable spare parts of journal head and trunion shaft Details
8Tender for loading/unloading and transportation of line materials Details
8Tender for development of enabling infrastructure and related works Details
8Tender for repair and renovation of houses Details
8Tender for renovation, upgradation of AV system Details
8Design, supply installation of chlorine dioxide dosing system for PT plant Details
8Tender for development of 320 kW grid connected roof top solar power project Details
8Tender for procurement of stage-I generator transformer Details
8Tender for supply of 11kV and 33kV current transformers Details
8Tender for work contract for complete repairing/ refurbishment of various type damaged gear boxes Details
8Tender for annual rate contract for cable laying, cable dismantling and cable jointing work of 11/6.6/1.1 kV cables Details
8Tender for procurement of spares for SADC damper actuator, installed Details
8Tender for procurement of mobil pyrotec HFD 46-B governing oil Details
8Tender for procurement of recommended spares and servicing of chloride analyzer installed Details
8Tender for various civil construction works pertaining to feeder bays, augmentation of X-mer, addl. X-mer etc. Details
8Tender for civil works for construction of 220kV voltage X-mer, 132kV voltage X-mer, soak pit Details
8Tender for renovation of the electric supply Details
8Tender for supply of 11 kV 1250 Amp outdoor type VCB with CT PT and CRP Details
8Tender for supply of super enamelled aluminium winding wire of different size Details
8Tender for work of replacement of old 220kV RCC support structure of isolator Details
8Tender for erection of equipment and structure, control wiring, yard lighting, control room wiring, etc. Details
8Tender for reconductoring using LT ABC Details
8Tender for construction of compound wall with chainlink fencing at 110kV substation Details
8Tender for service contract for overhauling/repairing of 01(one) No. BFP cartridge Details
8Tender for rate contract for supply and dosing of chemicals for cooling water treatment Details
8Tender for running works contract for the erection works of LT overhead feeder, HT overhead feeder, structure erection works Details
8Tender for running works contract for the erection works of LT overhead feeder, HT overhead feeder Details
8Tender for supply of GI stranded wire 7/12 SWG Details
8Tender for supply of second hand HP LP by pass system complete assembly of 210MW LMW design turbine Details
8Tender for supply of GI solid wire 6 SWG Details
8Tender for supply of tapping channel cross arm Details
8Tender for supply of various types of numerical protection relays Details
8Tender for supply, fabrication and erection of steel structures, earthing steels Details
8Tender for replacement of eroded pressure parts tubes Details
8Tender for repairing of existing LT/HT lines and providing new poles Details
8Tender for construction of HT line, LT line and sub-station Details
8Tender for replacement of weasel conductor by aerial bunch cable Details
8Tender for construction of 02Nos 2x5MVA substation Details
8Tender for construction of 2x12.5MVA, 33/11kV substation with 33kV , 11 kV line Details
8Tender for AMC for the work of replacement of failed/sick various substation Details
8Tender for construction of retention (protection) wall for the protection of tower Details
8Tender for supply, installation, configuration, testing & commissioning of the data diode solution Details
8Tender for work of testing of DGA (dissolved gas analysis) & other parameter of T/F oil at various Details
8Tender for Bi-annual maintenance of NIFP system Details
8Tender for supply and installation for the work of EPDM based modular advance multi cable transit system for cable entry points Details
8Tender for supply, installation, testing & commissioning of conversion of 66kV S/C line Details
8Design, engineering, manufacturing, supply, erection, testing & commissioning of 01Nos. of 220/132kV 150MVA transformer Details
8Tender for construction of retaining cum compound wall, earthwork Details
8Tender for Bi -annual rate contract for restoration work of various 132kV & 220kV class transmission lines Details
8Tender for construction of control room foundations, cable trench Details
8Tender for work of shifting of 66kV line Details
8Tender for supply of generator air coolers Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Govt approves scheme to promote coal gasification projects Details
84 Stocks to Watch as Cabinet Approves Coal Gasification Scheme Details
8Govt Okays Rs 375-billion Coal Gasification Scheme: What It Means for Stocks Details
8Coal gasification emerges as priority, can redefine India's energy security Details
8New Era Cleantech emerges as flagbearer in coal gasification Details
8India to invest over $20 bn in offshore energy mapping: Hardeep Singh Puri Details
8NLC India Stock May 15: Profit Surges 189% on Record Power Output Details
8Suzlon Energy, Tata Power, Inox Wind, ACME, NTPC, Waaree Energies, Premier, NTPC, IEX: MOFSL views on power stocks Details
8Dr Jitendra inaugurates UP ‘Solar Manufacturing Plant’, hails India’s Clean Energy march Details
8EVE Energy lands 8GWh India storage deal Details
8India Has 11,000 GW Geothermal Heat Potential, 450 GW Power Capacity: Report Details
8Government Pushes Faster Battery Storage Deployment And Grid Expansion Details
8Jyoti Structures inks JV for power transmission infrastructure project in Sri Lanka Details
8Centre unveils 200 MW solar module manufacturing line at CEL Details
8NTPC Green Energy Adds 62.5 MW Solar Capacity in Rajasthan, Total Installed Capacity Hits 10,516 MW Details
8Geothermal energy has 450 GW power potential in India, says report Details
8India's Power Sector Revolution: Electrification & Infrastructure Development Details
8CERC Proposes Faster Real-Time Power Market To Support India’s Renewable Energy Growth Details
8Indraprastha Gas Limited Launches 200 MW Solar and Battery Storage Tender in Rajasthan to Expand Clean Energy Portfolio Details
8Siemens Energy India Powers Ahead with Robust Profit Growth Details
8ADM Solar Power Accelerates India’s Green Energy Mission with Innovative Solar Infrastructure Solutions. Details
8Assam CM reviews power projects, stresses stronger energy infrastructure Details
8This Navratna PSU Power Stock Jumps 11% On Thursday As Company Reports Q4FY26 Results; PAT Surges 189%, Announces Rs 0.25 Per Share Final Dividend Details
8Siemens Energy India Powers Ahead with Robust Profit Growth Details
8Policy support for generating more solar power Details
8India’s Geothermal Potential: A 450 GW Energy Opportunity Details
You can also click on Newsclips for more Details
8Tender for civil work for construction of 33 kV link bay at 132 kV S/S Details
8Tender for construction of 01 No. 132kV GIS bay and 01 No. 33kV GIS bay includes Details
8Tender for diversion of 220 kV DC line Details
8Tender for work of providing and applying high insulation compound coating to IPS tube's, support insulators Details
8Tender for work of annual rate contract for 220/110/48 V DC battery set & battery charger available Details
8Tender for work of annual rate contract for work of attending emergency breakdown & maintenance work during outage at various 220/132kV substation Details
8Tender for renovation of filter beds and replacement of filter media at water treatment plant Details
8Tender for outsourcing of electrical and instrumentation works Details
8Tender for induced draft cooling towers Details
8Tender for civil works for replacement of existing 100 MVA, 220/132kV transformer Details
8Tender for supply of high sensitivity SF6 gas leakage detector Details
8Tender for procurement of digital earth resistance instrument Details
8Tender for certain improvement works Details
8Design, fabrication, supply, installation, testing and commissioning of total of 18-WATT solar LED street lighting system Details
8Design, fabrication, supply, installation, testing and commissioning of total 30 KW grid connected solar PV power plant Details
8Tender for civil works to prevent the 33 kV S/Stn. Tohana Details
8Tender for civil works to prevent the 33 kV S/Stn. Details
8Tender for Re-construction of other allied civil works to prevent the 33 kV S/Stn. Details
8Tender for extension of switch house Details
8Tender for supply, erection, testing & commissioning of wire rope hoist with replacement of existing Details
8Tender for supply of 300 NB M.S.ERW pipes Details
8Tender for shifting and height raising of 132 kV D/C transmission line Details
8Tender for supply of pulverized fuel bends for coal mill Details
8Tender for routine, preventive, breakdown maintenance and overhauling jobs (mechanical jobs) of boiler feed pumps Details
8Tender for repair works inside power house like repairing of transformer Details
8Tender for face lifting including completion of balance works Details
8Tender for construction of retaining wall along with drain around back side of switchyard generator Details
8Tender for repair and renovation of frames, shutters Details
8Tender for work of interchange of 220kV circuit Details
8Tender for work of IN SITU repairing/overhauling of high energy drain valves Details
8Tender for supply of 33kV and 11kV, vacuum circuit breakers along with spare parts Details
8Tender for supply of 33/11 kV, 10 MVA power transformers Details
8Tender for rectification, grouting and water proofing works and other similar type miscellaneous job Details
8Tender for civil maintenance works Details
8Tender for providing wind barrier at ash pond 2 Details
8Tender for construction of partly over ground water storage tank including pipeline Details
8Tender for day to day maintenance of water distribution system Details
8Tender for roof treatment and associated civil works Details
8Design engineering inspection supply installation testing and commissioning of transformer and associated system Details
8Tender for miscellaneous repair work Details
8Tender for supply of 33/11 kV, 5.0 MVA power transformers Details
8Tender for annual operation upkeeping and horticulture maintenance Details
8Tender for procurement of testing equipment for different power houses Details
8Tender for procurement of 1000 MT sulphuric acid Details
8Tender for turnkey construction of 01 (one) no. of 33kV feeder bay Details
8Tender for construction of 33 kV line for power supply Details
8Tender for construction and shifting of existing 33kV/11kV/LT OH/UG lines Details
8Tender for supply of spares for model RAM 54 gas compressor Details
8Tender for procurement of consumable spare parts of journal head and trunion shaft Details
8Tender for loading/unloading and transportation of line materials Details
8Tender for development of enabling infrastructure and related works Details
8Tender for repair and renovation of houses Details
8Tender for renovation, upgradation of AV system Details
8Design, supply installation of chlorine dioxide dosing system for PT plant Details
8Tender for development of 320 kW grid connected roof top solar power project Details
8Tender for procurement of stage-I generator transformer Details
8Tender for supply of 11kV and 33kV current transformers Details
8Tender for work contract for complete repairing/ refurbishment of various type damaged gear boxes Details
8Tender for annual rate contract for cable laying, cable dismantling and cable jointing work of 11/6.6/1.1 kV cables Details
8Tender for procurement of spares for SADC damper actuator, installed Details
8Tender for procurement of mobil pyrotec HFD 46-B governing oil Details
8Tender for procurement of recommended spares and servicing of chloride analyzer installed Details
8Tender for various civil construction works pertaining to feeder bays, augmentation of X-mer, addl. X-mer etc. Details
8Tender for civil works for construction of 220kV voltage X-mer, 132kV voltage X-mer, soak pit Details
8Tender for renovation of the electric supply Details
8Tender for supply of 11 kV 1250 Amp outdoor type VCB with CT PT and CRP Details
8Tender for supply of super enamelled aluminium winding wire of different size Details
8Tender for work of replacement of old 220kV RCC support structure of isolator Details
8Tender for erection of equipment and structure, control wiring, yard lighting, control room wiring, etc. Details
8Tender for reconductoring using LT ABC Details
8Tender for construction of compound wall with chainlink fencing at 110kV substation Details
8Tender for service contract for overhauling/repairing of 01(one) No. BFP cartridge Details
8Tender for rate contract for supply and dosing of chemicals for cooling water treatment Details
8Tender for running works contract for the erection works of LT overhead feeder, HT overhead feeder, structure erection works Details
8Tender for running works contract for the erection works of LT overhead feeder, HT overhead feeder Details
8Tender for supply of GI stranded wire 7/12 SWG Details
8Tender for supply of second hand HP LP by pass system complete assembly of 210MW LMW design turbine Details
8Tender for supply of GI solid wire 6 SWG Details
8Tender for supply of tapping channel cross arm Details
8Tender for supply of various types of numerical protection relays Details
8Tender for supply, fabrication and erection of steel structures, earthing steels Details
8Tender for replacement of eroded pressure parts tubes Details
8Tender for repairing of existing LT/HT lines and providing new poles Details
8Tender for construction of HT line, LT line and sub-station Details
8Tender for replacement of weasel conductor by aerial bunch cable Details
8Tender for construction of 02Nos 2x5MVA substation Details
8Tender for construction of 2x12.5MVA, 33/11kV substation with 33kV , 11 kV line Details
8Tender for AMC for the work of replacement of failed/sick various substation Details
8Tender for construction of retention (protection) wall for the protection of tower Details
8Tender for supply, installation, configuration, testing & commissioning of the data diode solution Details
8Tender for work of testing of DGA (dissolved gas analysis) & other parameter of T/F oil at various Details
8Tender for Bi-annual maintenance of NIFP system Details
8Tender for supply and installation for the work of EPDM based modular advance multi cable transit system for cable entry points Details
8Tender for supply, installation, testing & commissioning of conversion of 66kV S/C line Details
8Design, engineering, manufacturing, supply, erection, testing & commissioning of 01Nos. of 220/132kV 150MVA transformer Details
8Tender for construction of retaining cum compound wall, earthwork Details
8Tender for Bi -annual rate contract for restoration work of various 132kV & 220kV class transmission lines Details
8Tender for construction of control room foundations, cable trench Details
8Tender for work of shifting of 66kV line Details
8Tender for supply of generator air coolers Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Govt approves scheme to promote coal gasification projects Details
84 Stocks to Watch as Cabinet Approves Coal Gasification Scheme Details
8Govt Okays Rs 375-billion Coal Gasification Scheme: What It Means for Stocks Details
8Coal gasification emerges as priority, can redefine India's energy security Details
8New Era Cleantech emerges as flagbearer in coal gasification Details
8India to invest over $20 bn in offshore energy mapping: Hardeep Singh Puri Details
8NLC India Stock May 15: Profit Surges 189% on Record Power Output Details
8Suzlon Energy, Tata Power, Inox Wind, ACME, NTPC, Waaree Energies, Premier, NTPC, IEX: MOFSL views on power stocks Details
8Dr Jitendra inaugurates UP ‘Solar Manufacturing Plant’, hails India’s Clean Energy march Details
8EVE Energy lands 8GWh India storage deal Details
8India Has 11,000 GW Geothermal Heat Potential, 450 GW Power Capacity: Report Details
8Government Pushes Faster Battery Storage Deployment And Grid Expansion Details
8Jyoti Structures inks JV for power transmission infrastructure project in Sri Lanka Details
8Centre unveils 200 MW solar module manufacturing line at CEL Details
8NTPC Green Energy Adds 62.5 MW Solar Capacity in Rajasthan, Total Installed Capacity Hits 10,516 MW Details
8Geothermal energy has 450 GW power potential in India, says report Details
8India's Power Sector Revolution: Electrification & Infrastructure Development Details
8CERC Proposes Faster Real-Time Power Market To Support India’s Renewable Energy Growth Details
8Indraprastha Gas Limited Launches 200 MW Solar and Battery Storage Tender in Rajasthan to Expand Clean Energy Portfolio Details
8Siemens Energy India Powers Ahead with Robust Profit Growth Details
8ADM Solar Power Accelerates India’s Green Energy Mission with Innovative Solar Infrastructure Solutions. Details
8Assam CM reviews power projects, stresses stronger energy infrastructure Details
8This Navratna PSU Power Stock Jumps 11% On Thursday As Company Reports Q4FY26 Results; PAT Surges 189%, Announces Rs 0.25 Per Share Final Dividend Details
8Siemens Energy India Powers Ahead with Robust Profit Growth Details
8Policy support for generating more solar power Details
8India’s Geothermal Potential: A 450 GW Energy Opportunity Details
You can also click on Newsclips for more Details
Daily Power Sector Tenders Excel update
May 14:
8Daily Excel covering new tenders and all published updates including corrigendum, amendment, addendum, clarification and status revisions, along with technical and financial bid opening, evaluation completion and final award actions including AOC and LOA issuance.
Click on Reports for more Details
Click on Reports for more Details
Grid reactor award highlights tightening competition in high-voltage equipment procurement
May 14:
8The latest reactor award appears routine, but the limited bidder field points to increasing concentration in the high-voltage supply market.
8The outcome reflects how specialised manufacturing capability and qualification barriers are narrowing competition in bulk grid procurement. Details
8The outcome reflects how specialised manufacturing capability and qualification barriers are narrowing competition in bulk grid procurement. Details
Rs 161 crore grid package gets deadline extension amid unresolved pricing concerns
May 14:
8The extended timeline gives EPC bidders more preparation room, but key equipment-rate concerns remain untouched.
8The decision could influence bidder participation and reshape how execution risk is priced into the package. Details
8The decision could influence bidder participation and reshape how execution risk is priced into the package. Details
Contracting news for the day
May 14:
815 MW hydro package bid deadline extended amid rising execution-risk concerns
The latest extension suggests bidders are reassessing terrain, logistics and hydro-mechanical interface exposure rather than facing only routine scheduling delays. The package highlights how Himalayan hydro execution is becoming increasingly difficult to price commercially.
8Rs 259 crore hydro EPC package gets another deadline extension amid rising bidder caution
The repeated extension signals deeper bidder reassessment around eligibility, bank guarantees and OEM-linked execution responsibility. Beyond the date shift, the package reflects growing risk pricing pressure in complex hydro EPC contracting.
8Rs 140 crore hydro package gets deadline extension as qualification interpretation comes under focus
The latest extension follows bidder queries over hydro mechanical eligibility, shifting attention from timelines to qualification strategy. The clarification could materially alter bidder positioning and narrow the competitive field.
8Rs 172 crore-plus coal logistics package gets deadline extension amid tighter execution-risk scrutiny
The revised schedule keeps bidder interest alive without easing qualification pressure. Behind the extension, the package reflects rising concern around revised BOQ exposure, consortium structuring and penalty-linked operational risk across mining and rail interfaces.
8Rs 3 crore NDCT package sharpens civil-risk scrutiny in thermal balance works
The package appears standard on the surface, but bidder focus is shifting toward foundation quantities, free-issued material treatment and reverse-auction exposure. The tender could ultimately favour execution precision over aggressive pricing.
8Rs 206 crore 765 kV AIS package signals tighter execution and qualification strategy
The tender goes beyond a standard substation package by combining a steep financial threshold with restrictive execution conditions. The deeper impact lies in how exclusivity and TBCB-linked obligations could reshape bidder flexibility and project risk allocation.
8400 kV AIS package brings tighter exclusivity and qualification controls into focus
The substation tie-up shifts competitive pressure toward pre-bid positioning rather than tariff discovery alone. Strong emphasis on exclusivity, NDA compliance and high-voltage execution credentials signals a more selective vendor strategy than a routine EPC package.
8Multi-corridor 66 kV HTLS package signals hidden-capacity push without fresh ROW expansion
The bundled reconductoring strategy reflects a wider effort to increase transmission capacity across stressed industrial corridors without major tower modification. Behind the upgrade plan, the tender shifts significant outage management, integration and execution responsibility onto contractors.
825-year rooftop solar package shifts long-term performance risk deeper onto developers
The rooftop solar tender goes beyond capacity addition by embedding a long-duration commercial structure that could alter bidder financing and O&M strategy. The key issue is not installation alone, but how lifetime generation and performance accountability are ultimately distributed. Details
The latest extension suggests bidders are reassessing terrain, logistics and hydro-mechanical interface exposure rather than facing only routine scheduling delays. The package highlights how Himalayan hydro execution is becoming increasingly difficult to price commercially.
8Rs 259 crore hydro EPC package gets another deadline extension amid rising bidder caution
The repeated extension signals deeper bidder reassessment around eligibility, bank guarantees and OEM-linked execution responsibility. Beyond the date shift, the package reflects growing risk pricing pressure in complex hydro EPC contracting.
8Rs 140 crore hydro package gets deadline extension as qualification interpretation comes under focus
The latest extension follows bidder queries over hydro mechanical eligibility, shifting attention from timelines to qualification strategy. The clarification could materially alter bidder positioning and narrow the competitive field.
8Rs 172 crore-plus coal logistics package gets deadline extension amid tighter execution-risk scrutiny
The revised schedule keeps bidder interest alive without easing qualification pressure. Behind the extension, the package reflects rising concern around revised BOQ exposure, consortium structuring and penalty-linked operational risk across mining and rail interfaces.
8Rs 3 crore NDCT package sharpens civil-risk scrutiny in thermal balance works
The package appears standard on the surface, but bidder focus is shifting toward foundation quantities, free-issued material treatment and reverse-auction exposure. The tender could ultimately favour execution precision over aggressive pricing.
8Rs 206 crore 765 kV AIS package signals tighter execution and qualification strategy
The tender goes beyond a standard substation package by combining a steep financial threshold with restrictive execution conditions. The deeper impact lies in how exclusivity and TBCB-linked obligations could reshape bidder flexibility and project risk allocation.
8400 kV AIS package brings tighter exclusivity and qualification controls into focus
The substation tie-up shifts competitive pressure toward pre-bid positioning rather than tariff discovery alone. Strong emphasis on exclusivity, NDA compliance and high-voltage execution credentials signals a more selective vendor strategy than a routine EPC package.
8Multi-corridor 66 kV HTLS package signals hidden-capacity push without fresh ROW expansion
The bundled reconductoring strategy reflects a wider effort to increase transmission capacity across stressed industrial corridors without major tower modification. Behind the upgrade plan, the tender shifts significant outage management, integration and execution responsibility onto contractors.
825-year rooftop solar package shifts long-term performance risk deeper onto developers
The rooftop solar tender goes beyond capacity addition by embedding a long-duration commercial structure that could alter bidder financing and O&M strategy. The key issue is not installation alone, but how lifetime generation and performance accountability are ultimately distributed. Details
Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day
NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES
May 14:
COAL PRODUCTION & OFFTAKE
8Telangana's TSGENCO plants under dual stress: Bhadradri at 17% and Kothagudem (New) at just 14% normative stock
CEA's 12 May coal stock report, consistent with CIL's tracking through 11 May 2026, marks two TSGENCO plants as super-critical: Bhadradri TPP (1,080 MW) at 17% normative stock and Kothagudem TPS New (1,000 MW) at 14%. Singareni TPP (1,200 MW) is also critical at 24%, with SCCL flagged to ensure supply per subgroup plan. TSGENCO's aggregate normative ratio stands at 30% - the lowest among major state utilities tracked - across 6,380 MW of thermal capacity heading into peak summer demand.
8MAHAGENCO's coal crisis deepens: Chandrapur, Khaparkheda and Bhusawal all below 50% normative stock
Maharashtra's MAHAGENCO, operating 10,200 MW of thermal capacity, recorded an aggregate stock-to-normative ratio of just 46% as on 12 May 2026 per CEA's daily coal report. Khaparkheda TPS (37%), Bhusawal TPS (40%) and Chandrapur STPS (39%) are at the lowest levels, with Parli TPS and Paras TPS also critically stressed at 51% and 44% respectively. CIL's multi-day tracking shows the utility's coal cover has remained persistently sub-normative across the 8–11 May window.
8Andhra Pradesh's APGENCO and APPDCL plumb new lows; both utilities below 35% normative coal cover
CEA's coal stock report for 12 May 2026, corroborated by Coal India's four-day trend data through 11 May, places APGENCO (Dr. N. Tata Rao TPS and Rayalaseema TPS) at a dangerously low 32% of normative coal stock, while APPDCL's Damodaram Sanjeevaiah TPS sits at 32%. The combined shortfall across the two Andhra utilities spans over 1,800 MW of thermal capacity running on depleted coal inventory, raising grid reliability concerns for the Southern Region as peak summer demand intensifies.
8CSPGCL outperforms all state utilities with 168% normative coal cover; Korba-West leads at 172%
Chhattisgarh's CSPGCL stands as the healthiest state utility in CEA's 12 May 2026 coal stock table, with an aggregate normative ratio of 168% across three plants totalling 2,840 MW. Korba-West TPS (1,340 MW, pithead) holds 172% normative stock, DSPM TPS records 167%, and Marwa TPS 165%. Coal India's four-day series from 8–11 May confirms CSPGCL's stocks remained consistently above-normative, underscoring Chhattisgarh's advantage as a coal-belt state with direct mine access for its generating fleet. Details
8Telangana's TSGENCO plants under dual stress: Bhadradri at 17% and Kothagudem (New) at just 14% normative stock
CEA's 12 May coal stock report, consistent with CIL's tracking through 11 May 2026, marks two TSGENCO plants as super-critical: Bhadradri TPP (1,080 MW) at 17% normative stock and Kothagudem TPS New (1,000 MW) at 14%. Singareni TPP (1,200 MW) is also critical at 24%, with SCCL flagged to ensure supply per subgroup plan. TSGENCO's aggregate normative ratio stands at 30% - the lowest among major state utilities tracked - across 6,380 MW of thermal capacity heading into peak summer demand.
8MAHAGENCO's coal crisis deepens: Chandrapur, Khaparkheda and Bhusawal all below 50% normative stock
Maharashtra's MAHAGENCO, operating 10,200 MW of thermal capacity, recorded an aggregate stock-to-normative ratio of just 46% as on 12 May 2026 per CEA's daily coal report. Khaparkheda TPS (37%), Bhusawal TPS (40%) and Chandrapur STPS (39%) are at the lowest levels, with Parli TPS and Paras TPS also critically stressed at 51% and 44% respectively. CIL's multi-day tracking shows the utility's coal cover has remained persistently sub-normative across the 8–11 May window.
8Andhra Pradesh's APGENCO and APPDCL plumb new lows; both utilities below 35% normative coal cover
CEA's coal stock report for 12 May 2026, corroborated by Coal India's four-day trend data through 11 May, places APGENCO (Dr. N. Tata Rao TPS and Rayalaseema TPS) at a dangerously low 32% of normative coal stock, while APPDCL's Damodaram Sanjeevaiah TPS sits at 32%. The combined shortfall across the two Andhra utilities spans over 1,800 MW of thermal capacity running on depleted coal inventory, raising grid reliability concerns for the Southern Region as peak summer demand intensifies.
8CSPGCL outperforms all state utilities with 168% normative coal cover; Korba-West leads at 172%
Chhattisgarh's CSPGCL stands as the healthiest state utility in CEA's 12 May 2026 coal stock table, with an aggregate normative ratio of 168% across three plants totalling 2,840 MW. Korba-West TPS (1,340 MW, pithead) holds 172% normative stock, DSPM TPS records 167%, and Marwa TPS 165%. Coal India's four-day series from 8–11 May confirms CSPGCL's stocks remained consistently above-normative, underscoring Chhattisgarh's advantage as a coal-belt state with direct mine access for its generating fleet. Details
NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY
May 14:
PEAK DEMAND & GRID FREQUENCY
8India powers through: National grid clocks 247,680 MW peak demand on May 13 with zero shortage across all five regions
GRID-INDIA's National Load Despatch Centre (NLDC) reported a total maximum demand of 247,680 MW met across all regions on May 13, 2026, with the Western Region leading at 81,526 MW. Total energy met stood at 5,419 MU against zero peak shortage - a near-flawless operational day for India's national grid. Solar generation contributed 607 MU while wind added 292 MU to the national energy mix, signalling robust grid management amid surging summer demand and growing variable renewable energy penetration.
8Grid frequency wobbles 7.75 hours outside IEGC band on May 13; minimum touches 49.467 Hz
GRID-INDIA's frequency data for May 13, 2026 - sourced from NLDC's Balipara monitoring station - shows the national grid spent 7 hours and 45 minutes outside the IEGC-mandated 49.9–50.05 Hz band. The instantaneous frequency plunged to a day-low of 49.467 Hz at 14:09:50 hrs, while the peak reached 50.190 Hz at 19:02:50 hrs. The Frequency Deviation Index (FDI) stood at 32.3%, and the standard deviation of 0.0859 Hz signals moderate volatility - with grid operators managing 190 upward and 122 downward excursions through the day.
8Southern grid meets 57,030 MW evening peak demand without a single MW shortage; Krishnapatnam leads Andhra Pradesh at 1,898 MW
GRID-INDIA's SRLDC reported that the Southern region met a peak evening demand of 57,030 MW at 20:00 hrs on May 13, 2026 with zero shortage, while off-peak demand of 50,941 MW was similarly met in full. Andhra Pradesh's Krishnapatnam plant led generation at 1,898 MW gross, while SEIL contributed 1,207 MW gross. Andhra Pradesh's total demand met for the day reached 266.47 MU against requirements of 265.26 MU, as Karnataka and Tamil Nadu - at 344.29 MU and 421.46 MU respectively - also reported zero shortfall.
8Northern region meets 59,589 MW evening peak on May 13 with 1.6 MU residual shortage; UP demands 24,767 MW
NRLDC recorded an evening peak of 59,589 MW met on May 13, 2026 against zero peak shortage, though the day's total energy delivery fell short by 1.6 MU against a 1,568.91 MU requirement. Uttar Pradesh registered the highest maximum demand in the Northern region at 24,767 MW at 02:00 hrs, consuming 520.87 MU for the day. Rajasthan consumed 327.8 MU with no shortage, while Delhi met 132.56 MU. The Northern region's off-peak demand stood at 66,317 MW - higher than the evening peak - reflecting UP's elevated night-time agricultural load.
8Eastern region clears 26,473 MW at evening peak on May 13; West Bengal peaks at 10,900 MW
ERLDC's daily operation report for May 13, 2026 records the Eastern region meeting 26,473 MW at the evening peak with zero shortage and total day energy of 622.88 MU. West Bengal registered the region's highest peak at 10,900 MW at 23:14 hrs and consumed 232.69 MU for the day. Odisha met 140.49 MU of day energy - the highest in the region - with its demand peaking at 6,851 MW at 14:47 hrs. Bihar's peak demand reached 6,828 MW. Despite a collective under-injection of -9.81 MU against schedules, all states were cleared without shortage.
8Gujarat tops Western region at 25,879 MW peak; Maharashtra consumes 705 MU on May 13
GRID-INDIA's WRLDC reported 72,072 MW met at the evening peak on May 13, 2026, with total day energy of 1,783.9 MU against zero energy shortage. Gujarat recorded the region's highest peak demand at 25,879 MW and consumed 530.9 MU for the day - with its thermal generation contributing 191.9 MU, wind 73.7 MU and solar 79.6 MU. Maharashtra met 705.4 MU day energy - the highest absolute consumption - with thermal generation of 369 MU. Wind power contributed 111.4 MU region-wide, while solar added 126.9 MU.
8North Eastern region meets 3,079 MW evening peak on May 13 with zero shortage; Tripura surplus cushions smaller states
NERLDC's daily operation report for May 13, 2026 records a total evening peak demand of 3,079 MW met in full across all seven Northeastern states with zero shortfall. Total day energy met was 59.52 MU. Tripura generated a UI surplus of 0.18 MU, partially offsetting under-draws in Assam (-0.04 MU), Meghalaya, Manipur, Mizoram and Nagaland. Assam consumed 35.98 MU - the highest in the region - while day-ahead energy forecasts from LGBR showed a region-wide deviation of -4.27 MU, with Assam's forecast missing actual consumption by 5.76 MU.
8Tamil Nadu tops Southern demand at 18,680 MW on May 13; Southern region day energy hits 1,385 MU with no shortfall
SRLDC's Power Supply Position report for May 13, 2026 records the Southern region meeting 1,385.26 MU of day energy without any shortage. Tamil Nadu registered the highest demand at 18,680 MW at evening peak and contributed 421.46 MU of day energy - nearly 30% of the region's total. Karnataka followed at 17,111 MW peak and 344.29 MU. Telangana met 241.76 MU at an average demand of 10,273 MW, while Andhra Pradesh's maximum demand of 13,160 MW was met at 14:57 hrs with zero shortfall.
8Karnataka draws up to 8,000 MW, Tamil Nadu touches 12,000 MW in intraday peaks; Southern states track schedules on May 13
SRLDC's Schedule vs Drawal profiles for May 13, 2026 show Karnataka drawing up to 8,000 MW through the afternoon peak, while Tamil Nadu crossed 12,000 MW during daytime hours - the highest single-state draw in the Southern region. Andhra Pradesh operated within the 4,000–5,000 MW band for much of the day, and Telangana ranged between 3,000–4,500 MW. Across all six Southern entities, actual drawal broadly matched scheduled quantities, signalling disciplined grid behaviour through the high-demand summer day.
8NER grid stays stable on May 12 but frequency strays outside IEGC band for 4.33 hours; max frequency hits 50.187 Hz
North Eastern Regional Load Despatch Centre (NERLDC) in Shillong reported that on May 12, 2026, the region's frequency was within the IEGC band (49.9–50.05 Hz) for 81.04% of the day. However, frequency exceeded 50.05 Hz for 14% of the time and dipped below 49.9 Hz for 4.95% - totalling 4.33 hours outside band. The day's maximum frequency was 50.187 Hz and the minimum was 49.734 Hz, with an average of 49.999 Hz - pointing to an overall stable but intermittently stressed NER grid.
8Eastern region's day-ahead forecast misses by 6.47% MAPE on May 12; intraday model corrects sharply to just 1.52%
The Eastern Regional Load Despatch Centre's forecasting error report for May 12, 2026 reveals that the day-ahead demand forecast registered a MAPE of 6.47% and an RMSE of 7.14% - significantly elevated above ideal targets. The first 15-minute block alone saw a day-ahead forecast of 29,867 MW against an actual demand of 26,101 MW - an overestimation of 3,766 MW. The intraday model, however, corrected sharply, delivering a MAPE of just 1.52% and RMSE of 2.17%, demonstrating the value of real-time re-forecasting in managing Eastern region's variable demand.
8Vindhyachal STPS leads NLDC's SCUC schedule for May 14 at 205 paise/kWh; gas plants sidelined as ECR crosses 1,476 paise/kWh
NLDC's Security Constrained Unit Commitment (SCUC) schedule published on May 13 for delivery on May 14, 2026 shows 40 generators committed, with Vindhyachal STPS Stage 4 securing the lowest ECR slot at 205.2 paise/kWh and a schedule of 244.74 MW. Coal-fired plants dominate the dispatch order - Kahalgaon Stage 2 (706.26 MW at 274.3 paise/kWh), Mauda 2 (359.63 MW), and Indira Gandhi TPS Jhajjar (703.33 MW at 433.9 paise/kWh) feature prominently. All gas-based plants were scheduled at zero MW, signalling their continued unviability in current market conditions.
OCC MEETINGS & OUTAGE PLANNING
8NERPC seeks Rs. 66 lakh PRDC AMC nod as NER grid agenda widens to 24 issues
NERPC's 238th OCC agenda places several critical North Eastern Region grid issues before utilities, including PRDC's revised Rs. 66 lakh PDMS-PSCT AMC, Rs. 26.68 crore SAMAST AMC ceilings, 9,790.5 ckm of planned transmission additions, 20,875 MVA transformation needs, and urgent reliability concerns around Lower Subansiri, Balipara-Sonabil, Nagaland substations and Byrnihat tower corrosion. The agenda reflects the scale of grid investment required to integrate increasing hydro and renewable capacity from the Northeast into the national network.
8SRPC's 69th COMSR meeting presses KSEBL, SRLDC and utilities on May outage risks
SRPC's 69th COMSR meeting for May 2026 focuses on communication and outage vulnerabilities across the southern grid, including KSEBL's 30-minute to 1-hour SDH outages, dual-channel communication gaps, SRLDC observability concerns, and repeated directions to utilities to improve telemetry, redundancy and operational coordination. The meeting underscores SRPC's continued emphasis on grid reliability as the Southern region manages high renewable penetration alongside conventional thermal and nuclear generation through the peak demand summer season.
8Agri fires trip two 400 kV APTRANSCO lines on May 13; KPTCL's Raichur-Upper Jurala circuit out since April 26
Southern Regional Load Despatch Centre (SRLDC) reported 8 forced transmission outages on May 13, 2026. Two 400 kV APTRANSCO circuits - Narnoor-Jammalamadugu lines 1 and 2 - tripped simultaneously at 17:30 hrs due to YB phase faults caused by agricultural fires, though both were restored within the hour. The 400 kV POWERGRID line connecting Nellore PG to Thiruvalam tripped on a Y-N fault at 20:05 hrs. Most concerning, the 220 kV KPTCL Raichur-Upper Jurala-2 circuit has been out since April 26 following a three-phase fault.
8NTPC-Telangana STPP unit (800 MW) tripped on controller fault on May 13; Meenakshi Stage-2 boiler fails for second time
SRLDC's reservoir and thermal outage report for May 13, 2026 flags critical unplanned failures across the Southern region. NTPC-Telangana STPP's 800 MW Unit 1 tripped at 23:08 hrs due to a turbine-generator controller fault and was only restored by 04:45 hrs on May 14. Meenakshi Energy Ltd Stage 2's 350 MW Unit 4 suffered a boiler MFT (Master Fuel Trip) - its second forced outage in four days. Additionally, Vijayawada TPS Unit 7 (500 MW), out since May 11 due to boiler tube leakage, was finally restored at 16:59 hrs.
81,538 MW of central sector units stranded under NCLT; Srisailam LBPH sends 600 MW into annual overhaul through June 30
SRLDC's generating unit outage report for May 13, 2026 reveals that four LANCO LKPPL Stage-3 units totalling 732 MW have been under forced outage since September-November 2016 due to NCLT proceedings with no revival date in sight. On the state sector side, TGGENCO took four Srisailam Left Bank Power House units - totalling 600 MW - offline from May 9 for annual overhaul until June 30. Adani's 600 MW UPCL Unit 2 in Karnataka has also been on planned maintenance since May 6. NTPC's 359.98 MW at Kayamkulam remains on reserve shutdown indefinitely.
8KBUNL Bihar unit (195 MW) trips on generator protection on May 13; NHPC's Teesta HPS still dark after October 2023 glacial flood
Eastern Regional Load Despatch Centre (ERLDC) reported two Central Sector forced outages on May 13, 2026. KBUNL Bihar's 195 MW Unit 2 tripped at 19:56 hrs due to generator protection activation, while NTPC's 660 MW Nabinagar Unit 2 - already out since May 11 due to boiler tube leakage - was restored on May 14. NHPC's 170 MW Teesta HPS Unit 1 in Sikkim remains out since October 4, 2023, when a glacial lake outburst flood from Lohnak Lake destroyed the Teesta III dam - with no revival date confirmed.
8NTPC puts Gandhar and Kawas gas units on reserve shutdown on May 13; Western region manages 300 MW off-peak gap
WRLDC reported that NTPC placed multiple gas-based units in Gujarat on Reserve Shutdown on May 13, 2026 - including Gandhar's three 144.3 MW gas turbine units (total 432.9 MW) and all four Kawas units (424 MW combined). DGEN Gujarat also put two 400 MW units on RSD. On the planned maintenance side, NTPC's Vindhyachal STPS Stage 1 (210 MW) is undergoing Annual Overhaul until June 10. Despite these outages, the Western region met 72,072 MW at the evening peak though the off-peak period recorded a 300 MW shortfall.
8WRLDC's Wardha-Warora 400 kV line stays out since 2018 due to ferroresonance risk; Champa 765 kV bus sectionalisers kept open
WRLDC's transmission line outage report for May 13, 2026 reveals that the 400 kV Wardha-Warora POWERGRID line has remained on planned outage since May 4, 2018, following a LILO work complication - later reclassified as a ferroresonance risk - making it one of the longest-running transmission element outages in the Western Region. The Champa 765 kV and 400 kV Bus Sectionalisers (four elements) have been open since September 2021 for fault level control. Separately, DGEN's 400 kV ICT has been on outage after energisation testing.
REGIONAL ENERGY ACCOUNT
8NRPC deviation account shows NER-NR receivable at Rs. 28.17 crore in week 05
NRPC's DSM statement for 27 April–3 May 2026 highlights major inter-regional settlement flows, with NER-NR emerging as the biggest receivable entity at Rs. 28.17 crore (Rs. 2,816.51 lakh) and ER-NR leading the payable side at Rs. 17.25 crore (Rs. 1,725.01 lakh), underlining heavy deviation-linked financial movement during the week. The data underscores the scale of inter-regional energy flows and the financial settlements they generate under the Deviation Settlement Mechanism administered by Regional Power Committees across India.
8NRPC flags week-05 ancillary swings as DADRI-II TPS faces Rs. 2.91 crore TRAS refund
NRPC's ancillary services account for 27 April–3 May 2026 shows sharp TRAS pool movements, with DADRI-II TPS marked for a Rs. 2.91 crore TRAS-down refund, while TANDA-II STPS and IGSTPS-Jhajjar also feature among key stations shaping the week's payable and receivable position. The data reflects how Tertiary Reserve Ancillary Services are being deployed to maintain grid balance, with substantial financial flows linked to up and down regulation provided by major thermal generators in the Northern region.
8Jammu & Kashmir drives NRPC's FY24 DSM late-payment interest to Rs. 5.48 crore
NRPC's FY 2023-24 deviation settlement interest account shows total late-payment interest of Rs. 5.48 crore, with Jammu & Kashmir contributing the largest share at Rs. 4.45 crore, making it the central driver of the region's DSM interest burden for the financial year. The settlement reflects continued payment-related stress on certain state utilities and underscores the importance of timely DSM clearance in maintaining the financial integrity of the regional energy account.
8NTPC dominates NRPC ancillary-interest ledger with Rs. 8.23 crore TRAS receivable
NRPC's FY24 ancillary-services interest statement shows TRAS receivables of Rs. 8.53 crore, with NTPC alone accounting for Rs. 8.23 crore, indicating that the central generator remained the dominant claimant in the region's late-payment interest settlement for ancillary operations. The figure underscores NTPC's central role in providing tertiary reserve ancillary services to the Northern grid and the financial settlements that flow back when payments are delayed beyond the regulatory window.
8NRPC reactive-energy pool sees Uttar Pradesh receive Rs. 24.46 lakh, Rajasthan pay Rs. 27.46 lakh
NRPC's reactive-energy account for week 05 shows a clear divergence among state utilities, with Rajasthan topping the payable side at Rs. 27.46 lakh and Uttar Pradesh emerging as the largest receivable entity at Rs. 24.46 lakh, reflecting significant reactive-energy settlement pressure across the northern grid. The data highlights persistent reactive power imbalances among Northern region states as they manage growing renewable injection alongside conventional generation.
8Jammu & Kashmir anchors NRPC's FY24 reactive-interest bill at Rs. 28.43 lakh
NRPC's FY 2023-24 reactive-energy interest account totals Rs. 29.57 lakh, with Jammu & Kashmir alone accounting for Rs. 28.43 lakh, making it by far the largest contributor to the region's delayed reactive-energy payment interest for the year. The settlement underscores ongoing reactive energy management challenges in the Union Territory's grid and the financial obligations that accrue when reactive payments fall outside the regulatory clearance window stipulated by CERC.
8NRPC revises SCED account after duplicate entries; April pool receivable hits Rs. 10.06 crore
NRPC's revised SCED statement for April 2026 shows a net pool receivable of Rs. 10.06 crore after correcting duplicate entries, with DADRI TPS alone refunding Rs. 13.66 crore, placing the NTPC station at the centre of the month's security-constrained economic despatch settlement. The revision highlights the complexity of multi-station SCED accounting and the necessity of careful auditing to ensure accurate financial flows in the centralised ancillary services framework administered by NRPC.
TRANSMISSION LINE ENERGIZATION
8Maharashtra breaches ATC limit for 7 hours on May 13 at 29.2% violation rate; Goa records 22.9% ATC breach
WRLDC's daily system reliability indices report for May 13, 2026 highlights that Maharashtra violated Available Transfer Capability limits for 28 time blocks - equivalent to 7.0 hours - at a 29.2% violation rate, the highest among all Western region states. Goa registered ATC violations for 22 blocks (5.5 hours, 22.9%). On N-1 security criteria, Maharashtra again led with 13 blocks (3.2 hours, 13.5%), while Goa recorded 5 blocks. Gujarat, Madhya Pradesh, Chhattisgarh and DNHDDPDCL recorded zero violations across both parameters.
8National grid achieves zero ATC and N-1 violations across all inter-regional corridors on May 13
GRID-INDIA's National Load Despatch Centre reported zero Available Transfer Capability violations and zero N-1 criteria violations across all five major inter-regional corridors - WR-NR, ER-NR, NR Import, NEW-SR and NER Import - for May 13, 2026. The voltage profile report for 400 kV substations shows the Northern Region substations at Bhadla (0.35% time above 420 kV) and Ajmer (2.08% above band) as the only minor outliers, while the remaining 50+ substations maintained voltages within the 728–800 kV range at all times. Details
8India powers through: National grid clocks 247,680 MW peak demand on May 13 with zero shortage across all five regions
GRID-INDIA's National Load Despatch Centre (NLDC) reported a total maximum demand of 247,680 MW met across all regions on May 13, 2026, with the Western Region leading at 81,526 MW. Total energy met stood at 5,419 MU against zero peak shortage - a near-flawless operational day for India's national grid. Solar generation contributed 607 MU while wind added 292 MU to the national energy mix, signalling robust grid management amid surging summer demand and growing variable renewable energy penetration.
8Grid frequency wobbles 7.75 hours outside IEGC band on May 13; minimum touches 49.467 Hz
GRID-INDIA's frequency data for May 13, 2026 - sourced from NLDC's Balipara monitoring station - shows the national grid spent 7 hours and 45 minutes outside the IEGC-mandated 49.9–50.05 Hz band. The instantaneous frequency plunged to a day-low of 49.467 Hz at 14:09:50 hrs, while the peak reached 50.190 Hz at 19:02:50 hrs. The Frequency Deviation Index (FDI) stood at 32.3%, and the standard deviation of 0.0859 Hz signals moderate volatility - with grid operators managing 190 upward and 122 downward excursions through the day.
8Southern grid meets 57,030 MW evening peak demand without a single MW shortage; Krishnapatnam leads Andhra Pradesh at 1,898 MW
GRID-INDIA's SRLDC reported that the Southern region met a peak evening demand of 57,030 MW at 20:00 hrs on May 13, 2026 with zero shortage, while off-peak demand of 50,941 MW was similarly met in full. Andhra Pradesh's Krishnapatnam plant led generation at 1,898 MW gross, while SEIL contributed 1,207 MW gross. Andhra Pradesh's total demand met for the day reached 266.47 MU against requirements of 265.26 MU, as Karnataka and Tamil Nadu - at 344.29 MU and 421.46 MU respectively - also reported zero shortfall.
8Northern region meets 59,589 MW evening peak on May 13 with 1.6 MU residual shortage; UP demands 24,767 MW
NRLDC recorded an evening peak of 59,589 MW met on May 13, 2026 against zero peak shortage, though the day's total energy delivery fell short by 1.6 MU against a 1,568.91 MU requirement. Uttar Pradesh registered the highest maximum demand in the Northern region at 24,767 MW at 02:00 hrs, consuming 520.87 MU for the day. Rajasthan consumed 327.8 MU with no shortage, while Delhi met 132.56 MU. The Northern region's off-peak demand stood at 66,317 MW - higher than the evening peak - reflecting UP's elevated night-time agricultural load.
8Eastern region clears 26,473 MW at evening peak on May 13; West Bengal peaks at 10,900 MW
ERLDC's daily operation report for May 13, 2026 records the Eastern region meeting 26,473 MW at the evening peak with zero shortage and total day energy of 622.88 MU. West Bengal registered the region's highest peak at 10,900 MW at 23:14 hrs and consumed 232.69 MU for the day. Odisha met 140.49 MU of day energy - the highest in the region - with its demand peaking at 6,851 MW at 14:47 hrs. Bihar's peak demand reached 6,828 MW. Despite a collective under-injection of -9.81 MU against schedules, all states were cleared without shortage.
8Gujarat tops Western region at 25,879 MW peak; Maharashtra consumes 705 MU on May 13
GRID-INDIA's WRLDC reported 72,072 MW met at the evening peak on May 13, 2026, with total day energy of 1,783.9 MU against zero energy shortage. Gujarat recorded the region's highest peak demand at 25,879 MW and consumed 530.9 MU for the day - with its thermal generation contributing 191.9 MU, wind 73.7 MU and solar 79.6 MU. Maharashtra met 705.4 MU day energy - the highest absolute consumption - with thermal generation of 369 MU. Wind power contributed 111.4 MU region-wide, while solar added 126.9 MU.
8North Eastern region meets 3,079 MW evening peak on May 13 with zero shortage; Tripura surplus cushions smaller states
NERLDC's daily operation report for May 13, 2026 records a total evening peak demand of 3,079 MW met in full across all seven Northeastern states with zero shortfall. Total day energy met was 59.52 MU. Tripura generated a UI surplus of 0.18 MU, partially offsetting under-draws in Assam (-0.04 MU), Meghalaya, Manipur, Mizoram and Nagaland. Assam consumed 35.98 MU - the highest in the region - while day-ahead energy forecasts from LGBR showed a region-wide deviation of -4.27 MU, with Assam's forecast missing actual consumption by 5.76 MU.
8Tamil Nadu tops Southern demand at 18,680 MW on May 13; Southern region day energy hits 1,385 MU with no shortfall
SRLDC's Power Supply Position report for May 13, 2026 records the Southern region meeting 1,385.26 MU of day energy without any shortage. Tamil Nadu registered the highest demand at 18,680 MW at evening peak and contributed 421.46 MU of day energy - nearly 30% of the region's total. Karnataka followed at 17,111 MW peak and 344.29 MU. Telangana met 241.76 MU at an average demand of 10,273 MW, while Andhra Pradesh's maximum demand of 13,160 MW was met at 14:57 hrs with zero shortfall.
8Karnataka draws up to 8,000 MW, Tamil Nadu touches 12,000 MW in intraday peaks; Southern states track schedules on May 13
SRLDC's Schedule vs Drawal profiles for May 13, 2026 show Karnataka drawing up to 8,000 MW through the afternoon peak, while Tamil Nadu crossed 12,000 MW during daytime hours - the highest single-state draw in the Southern region. Andhra Pradesh operated within the 4,000–5,000 MW band for much of the day, and Telangana ranged between 3,000–4,500 MW. Across all six Southern entities, actual drawal broadly matched scheduled quantities, signalling disciplined grid behaviour through the high-demand summer day.
8NER grid stays stable on May 12 but frequency strays outside IEGC band for 4.33 hours; max frequency hits 50.187 Hz
North Eastern Regional Load Despatch Centre (NERLDC) in Shillong reported that on May 12, 2026, the region's frequency was within the IEGC band (49.9–50.05 Hz) for 81.04% of the day. However, frequency exceeded 50.05 Hz for 14% of the time and dipped below 49.9 Hz for 4.95% - totalling 4.33 hours outside band. The day's maximum frequency was 50.187 Hz and the minimum was 49.734 Hz, with an average of 49.999 Hz - pointing to an overall stable but intermittently stressed NER grid.
8Eastern region's day-ahead forecast misses by 6.47% MAPE on May 12; intraday model corrects sharply to just 1.52%
The Eastern Regional Load Despatch Centre's forecasting error report for May 12, 2026 reveals that the day-ahead demand forecast registered a MAPE of 6.47% and an RMSE of 7.14% - significantly elevated above ideal targets. The first 15-minute block alone saw a day-ahead forecast of 29,867 MW against an actual demand of 26,101 MW - an overestimation of 3,766 MW. The intraday model, however, corrected sharply, delivering a MAPE of just 1.52% and RMSE of 2.17%, demonstrating the value of real-time re-forecasting in managing Eastern region's variable demand.
8Vindhyachal STPS leads NLDC's SCUC schedule for May 14 at 205 paise/kWh; gas plants sidelined as ECR crosses 1,476 paise/kWh
NLDC's Security Constrained Unit Commitment (SCUC) schedule published on May 13 for delivery on May 14, 2026 shows 40 generators committed, with Vindhyachal STPS Stage 4 securing the lowest ECR slot at 205.2 paise/kWh and a schedule of 244.74 MW. Coal-fired plants dominate the dispatch order - Kahalgaon Stage 2 (706.26 MW at 274.3 paise/kWh), Mauda 2 (359.63 MW), and Indira Gandhi TPS Jhajjar (703.33 MW at 433.9 paise/kWh) feature prominently. All gas-based plants were scheduled at zero MW, signalling their continued unviability in current market conditions.
OCC MEETINGS & OUTAGE PLANNING
8NERPC seeks Rs. 66 lakh PRDC AMC nod as NER grid agenda widens to 24 issues
NERPC's 238th OCC agenda places several critical North Eastern Region grid issues before utilities, including PRDC's revised Rs. 66 lakh PDMS-PSCT AMC, Rs. 26.68 crore SAMAST AMC ceilings, 9,790.5 ckm of planned transmission additions, 20,875 MVA transformation needs, and urgent reliability concerns around Lower Subansiri, Balipara-Sonabil, Nagaland substations and Byrnihat tower corrosion. The agenda reflects the scale of grid investment required to integrate increasing hydro and renewable capacity from the Northeast into the national network.
8SRPC's 69th COMSR meeting presses KSEBL, SRLDC and utilities on May outage risks
SRPC's 69th COMSR meeting for May 2026 focuses on communication and outage vulnerabilities across the southern grid, including KSEBL's 30-minute to 1-hour SDH outages, dual-channel communication gaps, SRLDC observability concerns, and repeated directions to utilities to improve telemetry, redundancy and operational coordination. The meeting underscores SRPC's continued emphasis on grid reliability as the Southern region manages high renewable penetration alongside conventional thermal and nuclear generation through the peak demand summer season.
8Agri fires trip two 400 kV APTRANSCO lines on May 13; KPTCL's Raichur-Upper Jurala circuit out since April 26
Southern Regional Load Despatch Centre (SRLDC) reported 8 forced transmission outages on May 13, 2026. Two 400 kV APTRANSCO circuits - Narnoor-Jammalamadugu lines 1 and 2 - tripped simultaneously at 17:30 hrs due to YB phase faults caused by agricultural fires, though both were restored within the hour. The 400 kV POWERGRID line connecting Nellore PG to Thiruvalam tripped on a Y-N fault at 20:05 hrs. Most concerning, the 220 kV KPTCL Raichur-Upper Jurala-2 circuit has been out since April 26 following a three-phase fault.
8NTPC-Telangana STPP unit (800 MW) tripped on controller fault on May 13; Meenakshi Stage-2 boiler fails for second time
SRLDC's reservoir and thermal outage report for May 13, 2026 flags critical unplanned failures across the Southern region. NTPC-Telangana STPP's 800 MW Unit 1 tripped at 23:08 hrs due to a turbine-generator controller fault and was only restored by 04:45 hrs on May 14. Meenakshi Energy Ltd Stage 2's 350 MW Unit 4 suffered a boiler MFT (Master Fuel Trip) - its second forced outage in four days. Additionally, Vijayawada TPS Unit 7 (500 MW), out since May 11 due to boiler tube leakage, was finally restored at 16:59 hrs.
81,538 MW of central sector units stranded under NCLT; Srisailam LBPH sends 600 MW into annual overhaul through June 30
SRLDC's generating unit outage report for May 13, 2026 reveals that four LANCO LKPPL Stage-3 units totalling 732 MW have been under forced outage since September-November 2016 due to NCLT proceedings with no revival date in sight. On the state sector side, TGGENCO took four Srisailam Left Bank Power House units - totalling 600 MW - offline from May 9 for annual overhaul until June 30. Adani's 600 MW UPCL Unit 2 in Karnataka has also been on planned maintenance since May 6. NTPC's 359.98 MW at Kayamkulam remains on reserve shutdown indefinitely.
8KBUNL Bihar unit (195 MW) trips on generator protection on May 13; NHPC's Teesta HPS still dark after October 2023 glacial flood
Eastern Regional Load Despatch Centre (ERLDC) reported two Central Sector forced outages on May 13, 2026. KBUNL Bihar's 195 MW Unit 2 tripped at 19:56 hrs due to generator protection activation, while NTPC's 660 MW Nabinagar Unit 2 - already out since May 11 due to boiler tube leakage - was restored on May 14. NHPC's 170 MW Teesta HPS Unit 1 in Sikkim remains out since October 4, 2023, when a glacial lake outburst flood from Lohnak Lake destroyed the Teesta III dam - with no revival date confirmed.
8NTPC puts Gandhar and Kawas gas units on reserve shutdown on May 13; Western region manages 300 MW off-peak gap
WRLDC reported that NTPC placed multiple gas-based units in Gujarat on Reserve Shutdown on May 13, 2026 - including Gandhar's three 144.3 MW gas turbine units (total 432.9 MW) and all four Kawas units (424 MW combined). DGEN Gujarat also put two 400 MW units on RSD. On the planned maintenance side, NTPC's Vindhyachal STPS Stage 1 (210 MW) is undergoing Annual Overhaul until June 10. Despite these outages, the Western region met 72,072 MW at the evening peak though the off-peak period recorded a 300 MW shortfall.
8WRLDC's Wardha-Warora 400 kV line stays out since 2018 due to ferroresonance risk; Champa 765 kV bus sectionalisers kept open
WRLDC's transmission line outage report for May 13, 2026 reveals that the 400 kV Wardha-Warora POWERGRID line has remained on planned outage since May 4, 2018, following a LILO work complication - later reclassified as a ferroresonance risk - making it one of the longest-running transmission element outages in the Western Region. The Champa 765 kV and 400 kV Bus Sectionalisers (four elements) have been open since September 2021 for fault level control. Separately, DGEN's 400 kV ICT has been on outage after energisation testing.
REGIONAL ENERGY ACCOUNT
8NRPC deviation account shows NER-NR receivable at Rs. 28.17 crore in week 05
NRPC's DSM statement for 27 April–3 May 2026 highlights major inter-regional settlement flows, with NER-NR emerging as the biggest receivable entity at Rs. 28.17 crore (Rs. 2,816.51 lakh) and ER-NR leading the payable side at Rs. 17.25 crore (Rs. 1,725.01 lakh), underlining heavy deviation-linked financial movement during the week. The data underscores the scale of inter-regional energy flows and the financial settlements they generate under the Deviation Settlement Mechanism administered by Regional Power Committees across India.
8NRPC flags week-05 ancillary swings as DADRI-II TPS faces Rs. 2.91 crore TRAS refund
NRPC's ancillary services account for 27 April–3 May 2026 shows sharp TRAS pool movements, with DADRI-II TPS marked for a Rs. 2.91 crore TRAS-down refund, while TANDA-II STPS and IGSTPS-Jhajjar also feature among key stations shaping the week's payable and receivable position. The data reflects how Tertiary Reserve Ancillary Services are being deployed to maintain grid balance, with substantial financial flows linked to up and down regulation provided by major thermal generators in the Northern region.
8Jammu & Kashmir drives NRPC's FY24 DSM late-payment interest to Rs. 5.48 crore
NRPC's FY 2023-24 deviation settlement interest account shows total late-payment interest of Rs. 5.48 crore, with Jammu & Kashmir contributing the largest share at Rs. 4.45 crore, making it the central driver of the region's DSM interest burden for the financial year. The settlement reflects continued payment-related stress on certain state utilities and underscores the importance of timely DSM clearance in maintaining the financial integrity of the regional energy account.
8NTPC dominates NRPC ancillary-interest ledger with Rs. 8.23 crore TRAS receivable
NRPC's FY24 ancillary-services interest statement shows TRAS receivables of Rs. 8.53 crore, with NTPC alone accounting for Rs. 8.23 crore, indicating that the central generator remained the dominant claimant in the region's late-payment interest settlement for ancillary operations. The figure underscores NTPC's central role in providing tertiary reserve ancillary services to the Northern grid and the financial settlements that flow back when payments are delayed beyond the regulatory window.
8NRPC reactive-energy pool sees Uttar Pradesh receive Rs. 24.46 lakh, Rajasthan pay Rs. 27.46 lakh
NRPC's reactive-energy account for week 05 shows a clear divergence among state utilities, with Rajasthan topping the payable side at Rs. 27.46 lakh and Uttar Pradesh emerging as the largest receivable entity at Rs. 24.46 lakh, reflecting significant reactive-energy settlement pressure across the northern grid. The data highlights persistent reactive power imbalances among Northern region states as they manage growing renewable injection alongside conventional generation.
8Jammu & Kashmir anchors NRPC's FY24 reactive-interest bill at Rs. 28.43 lakh
NRPC's FY 2023-24 reactive-energy interest account totals Rs. 29.57 lakh, with Jammu & Kashmir alone accounting for Rs. 28.43 lakh, making it by far the largest contributor to the region's delayed reactive-energy payment interest for the year. The settlement underscores ongoing reactive energy management challenges in the Union Territory's grid and the financial obligations that accrue when reactive payments fall outside the regulatory clearance window stipulated by CERC.
8NRPC revises SCED account after duplicate entries; April pool receivable hits Rs. 10.06 crore
NRPC's revised SCED statement for April 2026 shows a net pool receivable of Rs. 10.06 crore after correcting duplicate entries, with DADRI TPS alone refunding Rs. 13.66 crore, placing the NTPC station at the centre of the month's security-constrained economic despatch settlement. The revision highlights the complexity of multi-station SCED accounting and the necessity of careful auditing to ensure accurate financial flows in the centralised ancillary services framework administered by NRPC.
TRANSMISSION LINE ENERGIZATION
8Maharashtra breaches ATC limit for 7 hours on May 13 at 29.2% violation rate; Goa records 22.9% ATC breach
WRLDC's daily system reliability indices report for May 13, 2026 highlights that Maharashtra violated Available Transfer Capability limits for 28 time blocks - equivalent to 7.0 hours - at a 29.2% violation rate, the highest among all Western region states. Goa registered ATC violations for 22 blocks (5.5 hours, 22.9%). On N-1 security criteria, Maharashtra again led with 13 blocks (3.2 hours, 13.5%), while Goa recorded 5 blocks. Gujarat, Madhya Pradesh, Chhattisgarh and DNHDDPDCL recorded zero violations across both parameters.
8National grid achieves zero ATC and N-1 violations across all inter-regional corridors on May 13
GRID-INDIA's National Load Despatch Centre reported zero Available Transfer Capability violations and zero N-1 criteria violations across all five major inter-regional corridors - WR-NR, ER-NR, NR Import, NEW-SR and NER Import - for May 13, 2026. The voltage profile report for 400 kV substations shows the Northern Region substations at Bhadla (0.35% time above 420 kV) and Ajmer (2.08% above band) as the only minor outliers, while the remaining 50+ substations maintained voltages within the 728–800 kV range at all times. Details
NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS
May 14:
MINISTRY OF POWER
8Coal India, SCCL, NLCIL get extended deadline to September 2026 to revise mine escrow agreements and embed 25% community spend clause
The Coal Controller Organisation under the Ministry of Coal extended two critical timelines under the Mining Plan and Mine Closure Plan Guidelines, 2025 to 30 September 2026. Operating coal and lignite mines must now revise their escrow agreements as per Para 3.5.1 by the new deadline. Simultaneously, under Para 3.5.5(ii), mines must incorporate provisions for utilising a minimum of 25% of their five-yearly escrow deposits for community development and livelihood activities. The extension covers Coal India Limited, SCCL, and NLCIL, communicated via the Nominated Authority.
8Ministry of Power invites applications for Director (Projects) post at NHPC Limited, a Schedule A CPSE
The Ministry of Power, Government of India (No. 9/1/2026-NHPC) wrote to the Chairpersons of CEA, CERC, and all State Electricity Boards/State Power Utilities regarding the selection process for the post of Director (Projects) at NHPC Limited, a Schedule A Central Public Sector Enterprise. NHPC Limited is India's premier hydropower company with an installed capacity of over 7,000 MW and is a Mini Ratna Category-I CPSE, holding a central role in India's hydropower expansion programme across the Himalayan and northeastern states.
CEA & GRID STANDARDS
8India generates 4,860 MU on May 12, surpassing programme by 274 MU; Western Region leads actual output
Central Electricity Authority's DGR Sub-Report-1 for 12 May 2026 shows all-India actual generation of 4,859.71 MU against a programme of 4,585.11 MU - a positive deviation of 274.60 MU (+5.99%). Thermal led with 4,204.49 MU (exceeding target by 237.03 MU), nuclear generated 186.10 MU, and hydro contributed 466.23 MU. The Western Region delivered the highest output at 1,777.78 MU against 1,613.42 MU planned, driven largely by thermal and nuclear overperformance during the summer demand peak.
8April–May cumulative generation trails annual target by 4.60%; thermal shortfall at 8,701 MU poses fiscal year risk
CEA's consolidated generation data show that cumulative all-India generation from 1 April to 12 May 2026 stands at 189,226.26 MU against a programme of 198,343.43 MU - a shortfall of 9,117.17 MU or 4.60%. Coal-based thermal accounts for the largest deficit at 6,357 MU below target, while the Northern Region records the steepest shortfall at 5,240.12 MU (–10.61%). Nuclear and hydro show smaller but persistent negative deviations, raising fiscal year supply concerns as summer load builds.
8Nearly 54 GW of national grid capacity under outage on May 12; forced maintenance accounts for 39,223 MW
CEA's Sub-Report-3 reveals that on 12 May 2026, a total of 53,906.47 MW of India's 309,923.79 MW monitored grid capacity was under outage - 17.39% of the installed base. Forced outages were the dominant cause at 39,222.81 MW, while planned maintenance accounted for 4,645.26 MW and other reasons for 10,038.40 MW. The Western Region carried the highest absolute outage burden at 18,888.10 MW, though the Northern Region recorded the steepest forced-outage ratio for its fleet, exposing fleet ageing and stress.
8Coal thermal fleet at 94% utilisation but 30,237 MW offline; gas plants idle at 57% outage rate
CEA's Sub-Report-16 shows India's coal-thermal fleet (221,897.51 MW monitored capacity) running at 94.22% of capacity-on-line with maximum net output of 180,589.87 MW on 12 May 2026. However, 30,236.51 MW of coal capacity remained under outage - a 13.63% outage rate. Gas and liquid fuel plants showed a far more extreme picture: 57.02% of the 20,122.42 MW gas-diesel fleet was offline, with only 8,647.87 MW on the grid, reflecting the persistent underutilisation of India's gas-based generation assets amid high LNG prices.
8NTPC's 60 GW fleet generates 1,076 MU on May 12 but lags FY26 cumulative target by 6.17%; Eastern Region worst performer
CEA's Sub-Report-8 shows NTPC Limited's all-India generation on 12 May 2026 at 1,076.41 MU against a planned 1,041.61 MU - a daily positive deviation of 34.80 MU. However, cumulative FY26 generation of 42,020.83 MU trails the target of 44,785.32 MU by 2,764.49 MU (–6.17%). The Eastern Region is the worst performer, running 8.04% below target at 12,830.96 MU against a plan of 13,952.44 MU, driven by forced outages at Singrauli STPS and Tanda TPS units running in reserve-shutdown mode.
89,285 MW of generation capacity tripped off grid on May 12 alone; Koradi TPS Unit-9 won't return until May 14
CEA's Sub-Report-15 logs 40 unit-level outage events on 12 May 2026, with total capacity going off-grid at 9,284.56 MW. Rajiv Gandhi TPS Unit-2 (600 MW, Haryana) tripped due to economiser tube leakage; Sasan UMTPP Unit-6 (660 MW, Madhya Pradesh) went offline for reheater tube leakage; and Koradi TPS Unit-9 (660 MW, Maharashtra) was taken for water-wall tube repair with restoration expected 14 May. Multiple NTPC gas-based units at Auraiya, Dadri and Anta CCPPs were also tripped for conservation of main fuel.
TENDERS & PROCUREMENT (GeM/NIT)
8SECI extends bid deadline to May 21 for Rs. 2,720 crore term loan for 700 MW solar PV project at Radhanesda, Gujarat
Solar Energy Corporation of India Limited (SECI), a Navratna Government of India Enterprise, extended the bid submission deadline to 21 May 2026 for prospective banks and financial institutions to submit proposals for sanctioning a Rs. 2,720 crore term loan for its 700 MW Solar PV project at Radhanesda, Gujarat. The extension comes alongside the May 18 deadline extension for a separate Rs. 660 crore loan for SECI's 200 MW Dhar (MP) project, reflecting strong lender interest in SECI's renewable financing pipeline as it scales its self-developed solar portfolio. Details
8Coal India, SCCL, NLCIL get extended deadline to September 2026 to revise mine escrow agreements and embed 25% community spend clause
The Coal Controller Organisation under the Ministry of Coal extended two critical timelines under the Mining Plan and Mine Closure Plan Guidelines, 2025 to 30 September 2026. Operating coal and lignite mines must now revise their escrow agreements as per Para 3.5.1 by the new deadline. Simultaneously, under Para 3.5.5(ii), mines must incorporate provisions for utilising a minimum of 25% of their five-yearly escrow deposits for community development and livelihood activities. The extension covers Coal India Limited, SCCL, and NLCIL, communicated via the Nominated Authority.
8Ministry of Power invites applications for Director (Projects) post at NHPC Limited, a Schedule A CPSE
The Ministry of Power, Government of India (No. 9/1/2026-NHPC) wrote to the Chairpersons of CEA, CERC, and all State Electricity Boards/State Power Utilities regarding the selection process for the post of Director (Projects) at NHPC Limited, a Schedule A Central Public Sector Enterprise. NHPC Limited is India's premier hydropower company with an installed capacity of over 7,000 MW and is a Mini Ratna Category-I CPSE, holding a central role in India's hydropower expansion programme across the Himalayan and northeastern states.
CEA & GRID STANDARDS
8India generates 4,860 MU on May 12, surpassing programme by 274 MU; Western Region leads actual output
Central Electricity Authority's DGR Sub-Report-1 for 12 May 2026 shows all-India actual generation of 4,859.71 MU against a programme of 4,585.11 MU - a positive deviation of 274.60 MU (+5.99%). Thermal led with 4,204.49 MU (exceeding target by 237.03 MU), nuclear generated 186.10 MU, and hydro contributed 466.23 MU. The Western Region delivered the highest output at 1,777.78 MU against 1,613.42 MU planned, driven largely by thermal and nuclear overperformance during the summer demand peak.
8April–May cumulative generation trails annual target by 4.60%; thermal shortfall at 8,701 MU poses fiscal year risk
CEA's consolidated generation data show that cumulative all-India generation from 1 April to 12 May 2026 stands at 189,226.26 MU against a programme of 198,343.43 MU - a shortfall of 9,117.17 MU or 4.60%. Coal-based thermal accounts for the largest deficit at 6,357 MU below target, while the Northern Region records the steepest shortfall at 5,240.12 MU (–10.61%). Nuclear and hydro show smaller but persistent negative deviations, raising fiscal year supply concerns as summer load builds.
8Nearly 54 GW of national grid capacity under outage on May 12; forced maintenance accounts for 39,223 MW
CEA's Sub-Report-3 reveals that on 12 May 2026, a total of 53,906.47 MW of India's 309,923.79 MW monitored grid capacity was under outage - 17.39% of the installed base. Forced outages were the dominant cause at 39,222.81 MW, while planned maintenance accounted for 4,645.26 MW and other reasons for 10,038.40 MW. The Western Region carried the highest absolute outage burden at 18,888.10 MW, though the Northern Region recorded the steepest forced-outage ratio for its fleet, exposing fleet ageing and stress.
8Coal thermal fleet at 94% utilisation but 30,237 MW offline; gas plants idle at 57% outage rate
CEA's Sub-Report-16 shows India's coal-thermal fleet (221,897.51 MW monitored capacity) running at 94.22% of capacity-on-line with maximum net output of 180,589.87 MW on 12 May 2026. However, 30,236.51 MW of coal capacity remained under outage - a 13.63% outage rate. Gas and liquid fuel plants showed a far more extreme picture: 57.02% of the 20,122.42 MW gas-diesel fleet was offline, with only 8,647.87 MW on the grid, reflecting the persistent underutilisation of India's gas-based generation assets amid high LNG prices.
8NTPC's 60 GW fleet generates 1,076 MU on May 12 but lags FY26 cumulative target by 6.17%; Eastern Region worst performer
CEA's Sub-Report-8 shows NTPC Limited's all-India generation on 12 May 2026 at 1,076.41 MU against a planned 1,041.61 MU - a daily positive deviation of 34.80 MU. However, cumulative FY26 generation of 42,020.83 MU trails the target of 44,785.32 MU by 2,764.49 MU (–6.17%). The Eastern Region is the worst performer, running 8.04% below target at 12,830.96 MU against a plan of 13,952.44 MU, driven by forced outages at Singrauli STPS and Tanda TPS units running in reserve-shutdown mode.
89,285 MW of generation capacity tripped off grid on May 12 alone; Koradi TPS Unit-9 won't return until May 14
CEA's Sub-Report-15 logs 40 unit-level outage events on 12 May 2026, with total capacity going off-grid at 9,284.56 MW. Rajiv Gandhi TPS Unit-2 (600 MW, Haryana) tripped due to economiser tube leakage; Sasan UMTPP Unit-6 (660 MW, Madhya Pradesh) went offline for reheater tube leakage; and Koradi TPS Unit-9 (660 MW, Maharashtra) was taken for water-wall tube repair with restoration expected 14 May. Multiple NTPC gas-based units at Auraiya, Dadri and Anta CCPPs were also tripped for conservation of main fuel.
TENDERS & PROCUREMENT (GeM/NIT)
8SECI extends bid deadline to May 21 for Rs. 2,720 crore term loan for 700 MW solar PV project at Radhanesda, Gujarat
Solar Energy Corporation of India Limited (SECI), a Navratna Government of India Enterprise, extended the bid submission deadline to 21 May 2026 for prospective banks and financial institutions to submit proposals for sanctioning a Rs. 2,720 crore term loan for its 700 MW Solar PV project at Radhanesda, Gujarat. The extension comes alongside the May 18 deadline extension for a separate Rs. 660 crore loan for SECI's 200 MW Dhar (MP) project, reflecting strong lender interest in SECI's renewable financing pipeline as it scales its self-developed solar portfolio. Details
NEWS UPDATE: RENEWABLE ENERGY
May 14:
SOLAR POWER
8India's renewable grid pumps 914 MU in a single day; Rajasthan and Gujarat drive the surge
India's Central Electricity Authority (CEA) reported total renewable energy generation of 914.47 MU on 12 May 2026, with solar contributing 676.74 MU and wind adding 211.87 MU across all states. Rajasthan alone recorded 265.93 MU - the single largest daily renewable output of any state - while Gujarat followed at 290.75 MU. Cumulative renewable generation for May 2026 so far stands at 11,069.03 MU at the all-India level, with the Western Region leading at 4,680.48 MU, signalling robust renewable evacuation through peak summer.
8NTPC and private IPPs clock 408 MU from ISGS renewable projects on May 12; Rajasthan hosts over 27 GW capacity
CEA's Inter-State Generating Station (ISGS) data shows that 60,159.08 MW of monitored renewable capacity across the Northern, Western and Southern regions generated 408.11 MU on 12 May 2026, accounting for cumulative ISGS renewable output of 4,612.56 MU in May so far. NTPC's SJVN Green Energy (501 MW) in Rajasthan topped daily generation at 6.14 MU, while Adani Hybrid Energy Jaisalmer Four's combined solar-wind project (600 MW solar + 510 MW wind) contributed 11.43 MU. The Northern Region alone hosts 27,740 MW of ISGS renewable capacity.
8Green surge: Renewables power 25.93% of India's peak solar-hour demand on May 12, wind-solar together hit 64,277 MW
NLDC's Renewable Energy Management Centre (REMC) report for May 12, 2026 reveals that variable renewable energy (VRE) - wind and solar combined - contributed 25.93% of all-India demand during solar hours (06:00–18:00 hrs), reaching 64,277 MW. Wind alone penetrated at 22.68% (56,209 MW), while maximum all-India generation touched 85,930 MW at 12:40 hrs. During non-solar hours, wind maintained a steady 4.22% penetration at 10,045 MW - underscoring India's growing renewable backbone in supporting peak summer demand.
8IEX DAM hourly data: Solar hours drive MCP to sub-Rs. 1,220/MWh, night hours reclaim Rs. 10,000 ceiling
Hourly disaggregation of IEX's Day-Ahead Market for May 13, 2026 lays bare India's solar hour price collapse: MCP dipped to just Rs. 1,219.81/MWh during Hour 14 (1 PM-2 PM) as sell bids surged to 44,691 MWh against purchase bids of just 10,976 MWh. By contrast, the post-sunset hours (Hour 20 onward) saw MCP spike back to Rs. 10,000/MWh. Peak cleared volume was 8,436.61 MWh in Hour 14, with a weighted daily MCP of Rs. 5,914.80/MWh, reflecting solar's growing influence on price discovery.
8IEX DAM solar MCV peaks at 2,807.60 MW as green power drives 65,638 MWh of total cleared volume on May 13
Segment-wise Day-Ahead Market data from Indian Energy Exchange for May 13, 2026 reveals the dominance of renewable energy in India's spot power market: solar MCV peaked at 2,807.60 MW and non-solar MCV at 2,576.61 MW, together contributing to a total of 65,638 MWh of final scheduled volume. The daily MCP averaged Rs. 5,920.26/MWh, touching Rs. 10,000/MWh in nighttime blocks and falling to a low of Rs. 1,599.84/MWh when solar generation surged mid-day, marking the persistent duck-curve dynamic in India's evolving power market.
8IEX DAM clears 1,20,358 MWh on May 13 as surplus sell bids dwarf buyers at Rs. 10,000/MWh cap
Indian Energy Exchange (IEX) saw its Day-Ahead Market record a total cleared volume of 1,20,358.40 MWh on May 13, 2026, even as purchase bids (3,99,211.70 MWh) were nearly matched by sell bids (4,00,403.28 MWh) - an unusually tight equilibrium. The market-clearing price (MCP) peaked at Rs. 10,000/MWh across overnight hours, while the daily average settled at Rs. 5,934.52/MWh, signalling persistent supply tightness during peak demand windows and pointing to renewable-led intraday price compression.
WIND & HYBRID POWER
8Hero Future Energies' 125.8 MW hybrid restricted group operates 99.4 MW solar + 26.4 MW wind in Karnataka
CareEdge Ratings assigned CARE A-; Stable ratings to Clean Renewable Energy KK's Hero Restricted Group, comprising five SPVs operating 125.8 MW AC of hybrid capacity (99.4 MW solar, 26.4 MW wind) in Karnataka. The group is backed by Hero Future Energies, which has 2.3 GW of commissioned capacity and 6 GW under construction. Long-term PPAs covering 90% of capacity are in place with C&I counterparties. A key risk noted is that 12.3 MW of solar capacity remains untied. Average DSCR above 1.2x is maintained in the base case scenario.
STORAGE & GREEN HYDROGEN
8GERC releases draft Battery Energy Storage System Regulations 2026, opening new business models for grid-interactive storage
The Gujarat Electricity Regulatory Commission unveiled Draft Grid-Interactive Battery Energy Storage System (BESS) Regulations, 2026 - a landmark framework governing ownership structures, business models, tariff determination, and grid-interconnection standards for battery storage projects in Gujarat. The draft regulations aim to integrate large-scale BESS into the state grid to support renewable energy balancing, enhance grid stability, and meet the state's clean energy ambitions. Stakeholders are invited to submit comments before the regulations are finalised, marking a significant policy step for India's storage sector.
8Battery storage tariffs touch a low of Rs. 1.23/unit in FY26; 37 storage tenders announced during the year
India's renewable energy momentum included a sharp drop in battery storage tariffs to Rs. 1.23/unit in FY26, according to the CEEW-GFC Market Handbook 2026. A total of 37 storage tenders were announced during the year, alongside Sovereign Green Bonds worth Rs. 20,000 crore issued through four 30-year tranches. The data point underscores the rapid maturation of India's energy storage market as battery costs fall and regulatory clarity improves, supporting integration of the 150+ GW of large-scale RE under construction nationally.
POLICY & INCENTIVES
8Maharashtra targets 65% renewable energy share by FY36, 100 GW RE capacity and 100 GWh/day storage under new policy
The Government of Maharashtra released its landmark Renewable Energy & Energy Storage Policy 2025-26 to 2035-36, approved via Government Resolution on March 18, 2026. The state, which already has 31.3 GW of RE capacity and 5 GW of rooftop solar, targets procuring 65% of electricity from renewables and deploying 100 GWh/day of storage by FY35-36. The policy mandates 10 GW of RE+storage projects by FY30, co-located storage of at least 50% RE capacity for 2 hours, and at least 10 Renewable Energy Industrial Zones. Rs. 500 crore is earmarked for REIZ developers.
8TERI roadmap calls for India to shift ship fuels to green ammonia and methanol; maritime sector emits 3% of global GHGs
The National Centre of Excellence in Green Port and Shipping (NCoEGPS) at TERI released Part A of a comprehensive roadmap on Advanced Green Fuels for Maritime Applications for India. The report identifies green ammonia, green methanol, and other bio-based fuels as critical pathways for decarbonising India's maritime sector, which is subject to increasingly stringent IMO emission standards. Principal Investigator Dr. Piyali Das and the TERI team assess technology readiness, supply chain infrastructure, and policy interventions needed for India to become a major green maritime fuel producer. Details
8India's renewable grid pumps 914 MU in a single day; Rajasthan and Gujarat drive the surge
India's Central Electricity Authority (CEA) reported total renewable energy generation of 914.47 MU on 12 May 2026, with solar contributing 676.74 MU and wind adding 211.87 MU across all states. Rajasthan alone recorded 265.93 MU - the single largest daily renewable output of any state - while Gujarat followed at 290.75 MU. Cumulative renewable generation for May 2026 so far stands at 11,069.03 MU at the all-India level, with the Western Region leading at 4,680.48 MU, signalling robust renewable evacuation through peak summer.
8NTPC and private IPPs clock 408 MU from ISGS renewable projects on May 12; Rajasthan hosts over 27 GW capacity
CEA's Inter-State Generating Station (ISGS) data shows that 60,159.08 MW of monitored renewable capacity across the Northern, Western and Southern regions generated 408.11 MU on 12 May 2026, accounting for cumulative ISGS renewable output of 4,612.56 MU in May so far. NTPC's SJVN Green Energy (501 MW) in Rajasthan topped daily generation at 6.14 MU, while Adani Hybrid Energy Jaisalmer Four's combined solar-wind project (600 MW solar + 510 MW wind) contributed 11.43 MU. The Northern Region alone hosts 27,740 MW of ISGS renewable capacity.
8Green surge: Renewables power 25.93% of India's peak solar-hour demand on May 12, wind-solar together hit 64,277 MW
NLDC's Renewable Energy Management Centre (REMC) report for May 12, 2026 reveals that variable renewable energy (VRE) - wind and solar combined - contributed 25.93% of all-India demand during solar hours (06:00–18:00 hrs), reaching 64,277 MW. Wind alone penetrated at 22.68% (56,209 MW), while maximum all-India generation touched 85,930 MW at 12:40 hrs. During non-solar hours, wind maintained a steady 4.22% penetration at 10,045 MW - underscoring India's growing renewable backbone in supporting peak summer demand.
8IEX DAM hourly data: Solar hours drive MCP to sub-Rs. 1,220/MWh, night hours reclaim Rs. 10,000 ceiling
Hourly disaggregation of IEX's Day-Ahead Market for May 13, 2026 lays bare India's solar hour price collapse: MCP dipped to just Rs. 1,219.81/MWh during Hour 14 (1 PM-2 PM) as sell bids surged to 44,691 MWh against purchase bids of just 10,976 MWh. By contrast, the post-sunset hours (Hour 20 onward) saw MCP spike back to Rs. 10,000/MWh. Peak cleared volume was 8,436.61 MWh in Hour 14, with a weighted daily MCP of Rs. 5,914.80/MWh, reflecting solar's growing influence on price discovery.
8IEX DAM solar MCV peaks at 2,807.60 MW as green power drives 65,638 MWh of total cleared volume on May 13
Segment-wise Day-Ahead Market data from Indian Energy Exchange for May 13, 2026 reveals the dominance of renewable energy in India's spot power market: solar MCV peaked at 2,807.60 MW and non-solar MCV at 2,576.61 MW, together contributing to a total of 65,638 MWh of final scheduled volume. The daily MCP averaged Rs. 5,920.26/MWh, touching Rs. 10,000/MWh in nighttime blocks and falling to a low of Rs. 1,599.84/MWh when solar generation surged mid-day, marking the persistent duck-curve dynamic in India's evolving power market.
8IEX DAM clears 1,20,358 MWh on May 13 as surplus sell bids dwarf buyers at Rs. 10,000/MWh cap
Indian Energy Exchange (IEX) saw its Day-Ahead Market record a total cleared volume of 1,20,358.40 MWh on May 13, 2026, even as purchase bids (3,99,211.70 MWh) were nearly matched by sell bids (4,00,403.28 MWh) - an unusually tight equilibrium. The market-clearing price (MCP) peaked at Rs. 10,000/MWh across overnight hours, while the daily average settled at Rs. 5,934.52/MWh, signalling persistent supply tightness during peak demand windows and pointing to renewable-led intraday price compression.
WIND & HYBRID POWER
8Hero Future Energies' 125.8 MW hybrid restricted group operates 99.4 MW solar + 26.4 MW wind in Karnataka
CareEdge Ratings assigned CARE A-; Stable ratings to Clean Renewable Energy KK's Hero Restricted Group, comprising five SPVs operating 125.8 MW AC of hybrid capacity (99.4 MW solar, 26.4 MW wind) in Karnataka. The group is backed by Hero Future Energies, which has 2.3 GW of commissioned capacity and 6 GW under construction. Long-term PPAs covering 90% of capacity are in place with C&I counterparties. A key risk noted is that 12.3 MW of solar capacity remains untied. Average DSCR above 1.2x is maintained in the base case scenario.
STORAGE & GREEN HYDROGEN
8GERC releases draft Battery Energy Storage System Regulations 2026, opening new business models for grid-interactive storage
The Gujarat Electricity Regulatory Commission unveiled Draft Grid-Interactive Battery Energy Storage System (BESS) Regulations, 2026 - a landmark framework governing ownership structures, business models, tariff determination, and grid-interconnection standards for battery storage projects in Gujarat. The draft regulations aim to integrate large-scale BESS into the state grid to support renewable energy balancing, enhance grid stability, and meet the state's clean energy ambitions. Stakeholders are invited to submit comments before the regulations are finalised, marking a significant policy step for India's storage sector.
8Battery storage tariffs touch a low of Rs. 1.23/unit in FY26; 37 storage tenders announced during the year
India's renewable energy momentum included a sharp drop in battery storage tariffs to Rs. 1.23/unit in FY26, according to the CEEW-GFC Market Handbook 2026. A total of 37 storage tenders were announced during the year, alongside Sovereign Green Bonds worth Rs. 20,000 crore issued through four 30-year tranches. The data point underscores the rapid maturation of India's energy storage market as battery costs fall and regulatory clarity improves, supporting integration of the 150+ GW of large-scale RE under construction nationally.
POLICY & INCENTIVES
8Maharashtra targets 65% renewable energy share by FY36, 100 GW RE capacity and 100 GWh/day storage under new policy
The Government of Maharashtra released its landmark Renewable Energy & Energy Storage Policy 2025-26 to 2035-36, approved via Government Resolution on March 18, 2026. The state, which already has 31.3 GW of RE capacity and 5 GW of rooftop solar, targets procuring 65% of electricity from renewables and deploying 100 GWh/day of storage by FY35-36. The policy mandates 10 GW of RE+storage projects by FY30, co-located storage of at least 50% RE capacity for 2 hours, and at least 10 Renewable Energy Industrial Zones. Rs. 500 crore is earmarked for REIZ developers.
8TERI roadmap calls for India to shift ship fuels to green ammonia and methanol; maritime sector emits 3% of global GHGs
The National Centre of Excellence in Green Port and Shipping (NCoEGPS) at TERI released Part A of a comprehensive roadmap on Advanced Green Fuels for Maritime Applications for India. The report identifies green ammonia, green methanol, and other bio-based fuels as critical pathways for decarbonising India's maritime sector, which is subject to increasingly stringent IMO emission standards. Principal Investigator Dr. Piyali Das and the TERI team assess technology readiness, supply chain infrastructure, and policy interventions needed for India to become a major green maritime fuel producer. Details
NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION
May 14:
WORK ORDERS & SUPPLY CONTRACTS
8L&T's Power T&D business bags significant EPC orders worth Rs. 1,000–2,500 crore for 380 kV & 132 kV substations in Middle East
Larsen & Toubro Limited announced that its Power Transmission & Distribution (PT&D) business vertical secured a batch of Significant EPC orders (classified at Rs. 1,000–2,500 crore range) from clients in the Middle East. The orders pertain to constructing one 380 kV extra-high voltage substation and two 132 kV substations on a turnkey basis, aimed at ensuring reliable power for large load centres and decongesting grids. L&T PT&D, a USD 32 billion multinational's key vertical, serves utilities across 30 countries including the Middle East, Africa, and North America.
8GR Infraprojects' Amritsar-Bathinda 39 km NH-754A project gets provisional completion certificate; Rs. 927 crore bid cost
G R Infraprojects Limited informed exchanges that its subsidiary GR Amritsar Bathinda Highway Private Limited received a Provisional Completion Certificate for the 6-lane Amritsar-Bathinda Greenfield section of NH-754A (km 0+000 to km 39+000), part of the Amritsar-Jamnagar Economic Corridor in Punjab. The Independent Engineer issued the certificate on May 13, 2026, declaring the project fit for commercial operation from March 1, 2026. The project was executed under Hybrid Annuity Mode under Bharatmala Pariyojana Phase-I at a bid cost of Rs. 927 crore (excluding GST).
8AERC floats 24-month tender for AMC of 118 HP VRF & 6.5 TR split AC system at Guwahati; EMD Rs. 5,000
The Assam Electricity Regulatory Commission (AERC) invited sealed tenders for Comprehensive Annual Maintenance Contract (AMC) of its 118 HP Carrier VRF and 6.5 TR Split Air Conditioning system at its Guwahati campus. The contract, initially for 24 months and extendable for one year, requires quarterly servicing, breakdown attendance, and full parts replacement including compressors at no extra cost. EMD of Rs. 5,000 and tender fee of Rs. 500 apply. Bids must be submitted by 2:00 PM on June 2, 2026, and will be evaluated on QCBS with 0.60 and 0.40 weightage to technical and financial bids respectively.
8MSETCL mandates shift to MSTC e-commerce platform for electronic reverse auctions; all registered SRM vendors must re-register
Maharashtra State Electricity Transmission Company Limited (MSETCL) directed all vendors registered on its SAP-SRM e-Tendering portal to register on the MSTC E-Commerce Platform for participating in Electronic Reverse Auctions (e-RA) for supply item tenders floated by MSETCL's Central Purchase Agency (CPA). The move, announced via Notice Ref No. MSETCL/CPA/eRA/2026/01 dated 13 May 2026, represents a significant procurement digitalisation step for one of India's largest power transmission utilities, which oversees an extensive high-voltage network across Maharashtra.
8SECI extends loan bid deadline to May 18 for Rs. 660 crore term loan for 200 MW solar project at Dhar, Madhya Pradesh
Solar Energy Corporation of India Limited (SECI), a Navratna Government of India Enterprise, issued a corrigendum extending the bid submission deadline to 18 May 2026 (6:00 PM) for prospective banks and financial institutions to submit proposals for sanctioning a term loan of Rs. 660 crore for a 200 MW Solar PV Power Plant at Dhar, Madhya Pradesh. The extension, from RFP No. SECI/FA/09 April 2026, responds to requests from lenders seeking additional time. Separately, SECI also extended the bid deadline to 21 May 2026 for a Rs. 2,720 crore term loan for its 700 MW Solar PV project at Radhanesda, Gujarat.
CAPACITY COMMISSIONING
8India adds record 57.5 GW power capacity in FY26 - 1.73x FY25; RE generation up 20%, coal falls 4.3%: CEEW-GFC
India's renewable energy generation surged 20% in FY26, while coal and lignite-based generation declined 4.3% YoY, according to the CEEW-GFC Market Handbook 2026. India added a record 57.5 GW of net power generation capacity in FY26, up from 33.2 GW in FY25 - 1.73x the prior year. Renewable energy (including large hydro) accounted for 54.6 GW or 95% of net capacity addition. Battery storage tariffs touched a low of Rs. 1.23/unit; 37 storage tenders were announced in the year, and Sovereign Green Bonds worth Rs. 20,000 crore were issued. Over 150 GW of large-scale RE is under construction.
8GK Energy commissions 276 MW and 61,085 solar systems in FY26; cumulative capacity crosses 617 MW across 140,000 systems
GK Energy Limited, India's largest decentralised renewable energy infrastructure company, deployed 61,085 solar systems and commissioned 276 MW during FY26, taking cumulative installed capacity to over 617 MW across 140,000+ systems in 7,500+ villages. The company reported revenue from operations of Rs. 1,533 crore (standalone), with PAT of Rs. 201 crore. The order book stands at Rs. 710 crore. The company's 10-year revenue CAGR stands at 66.49%, reflecting accelerated momentum in solar pump and decentralised solar deployment across rural India.
EQUITY & STAKE ACQUISITION
8Schneider Electric Infrastructure's registrar CB Management merges into MUFG Intime India from May 8
Schneider Electric Infrastructure Limited informed stock exchanges that its Registrar and Share Transfer Agent (RTA), CB Management Services Private Limited, has merged with MUFG Intime India Private Limited (formerly Link Intime India Private Limited), effective May 8, 2026. The merger was approved by the Regional Director, Mumbai under Section 233 of the Companies Act, 2013. MUFG Intime India carries SEBI Registration No. INR000004058. Shareholders are assured of seamless continuity - no change in services is envisaged for the electrical equipment major's investor base.
8GE Vernova T&D India's registrar CB Management Services merges into MUFG Intime India from May 8
GE Vernova T&D India Limited (formerly GE T&D India Limited) informed BSE and NSE that its Registrar and Share Transfer Agent (RTA), CB Management Services Private Limited, has merged with MUFG Intime India Private Limited with effect from May 8, 2026. The merger was pursuant to the Regional Director (WR), Ministry of Corporate Affairs, Mumbai order dated April 24, 2026. Investors may now contact MUFG Intime India at Rasoi Court, 5th Floor, 20 Sir R N Mukherjee Road, Kolkata 700001. The change applies to one of India's largest grid equipment manufacturers. Details
8L&T's Power T&D business bags significant EPC orders worth Rs. 1,000–2,500 crore for 380 kV & 132 kV substations in Middle East
Larsen & Toubro Limited announced that its Power Transmission & Distribution (PT&D) business vertical secured a batch of Significant EPC orders (classified at Rs. 1,000–2,500 crore range) from clients in the Middle East. The orders pertain to constructing one 380 kV extra-high voltage substation and two 132 kV substations on a turnkey basis, aimed at ensuring reliable power for large load centres and decongesting grids. L&T PT&D, a USD 32 billion multinational's key vertical, serves utilities across 30 countries including the Middle East, Africa, and North America.
8GR Infraprojects' Amritsar-Bathinda 39 km NH-754A project gets provisional completion certificate; Rs. 927 crore bid cost
G R Infraprojects Limited informed exchanges that its subsidiary GR Amritsar Bathinda Highway Private Limited received a Provisional Completion Certificate for the 6-lane Amritsar-Bathinda Greenfield section of NH-754A (km 0+000 to km 39+000), part of the Amritsar-Jamnagar Economic Corridor in Punjab. The Independent Engineer issued the certificate on May 13, 2026, declaring the project fit for commercial operation from March 1, 2026. The project was executed under Hybrid Annuity Mode under Bharatmala Pariyojana Phase-I at a bid cost of Rs. 927 crore (excluding GST).
8AERC floats 24-month tender for AMC of 118 HP VRF & 6.5 TR split AC system at Guwahati; EMD Rs. 5,000
The Assam Electricity Regulatory Commission (AERC) invited sealed tenders for Comprehensive Annual Maintenance Contract (AMC) of its 118 HP Carrier VRF and 6.5 TR Split Air Conditioning system at its Guwahati campus. The contract, initially for 24 months and extendable for one year, requires quarterly servicing, breakdown attendance, and full parts replacement including compressors at no extra cost. EMD of Rs. 5,000 and tender fee of Rs. 500 apply. Bids must be submitted by 2:00 PM on June 2, 2026, and will be evaluated on QCBS with 0.60 and 0.40 weightage to technical and financial bids respectively.
8MSETCL mandates shift to MSTC e-commerce platform for electronic reverse auctions; all registered SRM vendors must re-register
Maharashtra State Electricity Transmission Company Limited (MSETCL) directed all vendors registered on its SAP-SRM e-Tendering portal to register on the MSTC E-Commerce Platform for participating in Electronic Reverse Auctions (e-RA) for supply item tenders floated by MSETCL's Central Purchase Agency (CPA). The move, announced via Notice Ref No. MSETCL/CPA/eRA/2026/01 dated 13 May 2026, represents a significant procurement digitalisation step for one of India's largest power transmission utilities, which oversees an extensive high-voltage network across Maharashtra.
8SECI extends loan bid deadline to May 18 for Rs. 660 crore term loan for 200 MW solar project at Dhar, Madhya Pradesh
Solar Energy Corporation of India Limited (SECI), a Navratna Government of India Enterprise, issued a corrigendum extending the bid submission deadline to 18 May 2026 (6:00 PM) for prospective banks and financial institutions to submit proposals for sanctioning a term loan of Rs. 660 crore for a 200 MW Solar PV Power Plant at Dhar, Madhya Pradesh. The extension, from RFP No. SECI/FA/09 April 2026, responds to requests from lenders seeking additional time. Separately, SECI also extended the bid deadline to 21 May 2026 for a Rs. 2,720 crore term loan for its 700 MW Solar PV project at Radhanesda, Gujarat.
CAPACITY COMMISSIONING
8India adds record 57.5 GW power capacity in FY26 - 1.73x FY25; RE generation up 20%, coal falls 4.3%: CEEW-GFC
India's renewable energy generation surged 20% in FY26, while coal and lignite-based generation declined 4.3% YoY, according to the CEEW-GFC Market Handbook 2026. India added a record 57.5 GW of net power generation capacity in FY26, up from 33.2 GW in FY25 - 1.73x the prior year. Renewable energy (including large hydro) accounted for 54.6 GW or 95% of net capacity addition. Battery storage tariffs touched a low of Rs. 1.23/unit; 37 storage tenders were announced in the year, and Sovereign Green Bonds worth Rs. 20,000 crore were issued. Over 150 GW of large-scale RE is under construction.
8GK Energy commissions 276 MW and 61,085 solar systems in FY26; cumulative capacity crosses 617 MW across 140,000 systems
GK Energy Limited, India's largest decentralised renewable energy infrastructure company, deployed 61,085 solar systems and commissioned 276 MW during FY26, taking cumulative installed capacity to over 617 MW across 140,000+ systems in 7,500+ villages. The company reported revenue from operations of Rs. 1,533 crore (standalone), with PAT of Rs. 201 crore. The order book stands at Rs. 710 crore. The company's 10-year revenue CAGR stands at 66.49%, reflecting accelerated momentum in solar pump and decentralised solar deployment across rural India.
EQUITY & STAKE ACQUISITION
8Schneider Electric Infrastructure's registrar CB Management merges into MUFG Intime India from May 8
Schneider Electric Infrastructure Limited informed stock exchanges that its Registrar and Share Transfer Agent (RTA), CB Management Services Private Limited, has merged with MUFG Intime India Private Limited (formerly Link Intime India Private Limited), effective May 8, 2026. The merger was approved by the Regional Director, Mumbai under Section 233 of the Companies Act, 2013. MUFG Intime India carries SEBI Registration No. INR000004058. Shareholders are assured of seamless continuity - no change in services is envisaged for the electrical equipment major's investor base.
8GE Vernova T&D India's registrar CB Management Services merges into MUFG Intime India from May 8
GE Vernova T&D India Limited (formerly GE T&D India Limited) informed BSE and NSE that its Registrar and Share Transfer Agent (RTA), CB Management Services Private Limited, has merged with MUFG Intime India Private Limited with effect from May 8, 2026. The merger was pursuant to the Regional Director (WR), Ministry of Corporate Affairs, Mumbai order dated April 24, 2026. Investors may now contact MUFG Intime India at Rasoi Court, 5th Floor, 20 Sir R N Mukherjee Road, Kolkata 700001. The change applies to one of India's largest grid equipment manufacturers. Details
NEWS UPDATE: TARIFF & REGULATORY ORDERS
May 14:
RETAIL TARIFF REVISION
8Delhi power consumers to pay 14.51% PPAC from May 9 as BRPL levies combined suo motu and differential surcharge
BSES Rajdhani Power Limited (BRPL) levied a combined Power Purchase Adjustment Charge (PPAC) of 14.51% effective 9 May 2026 in Delhi. This comprises an 8.75% Suo Motu PPAC valid from 10 April 2026 to 9 July 2026 under BRPL's own notification, and an additional 5.76% Differential PPAC applicable from 9 to 31 May 2026 as per a DERC order dated 6 February 2026 and the DERC (Terms and Conditions for Determination of Tariff) (Second Amendment) Regulations, 2026. The combined charge reflects rising fuel and power purchase costs being passed through to Delhi's electricity consumers.
8Rajasthan's three DISCOMs - Jaipur, Jodhpur, Ajmer - levy FPPAS for February 2026, recover variations in May billing
Rajasthan's three electricity distribution companies - Jaipur Vidyut Vitran Nigam Limited, Jodhpur Vidyut Vitran Nigam Limited, and Ajmer Vidyut Vitran Nigam Limited - computed and applied Fuel and Power Purchase Adjustment Surcharge (FPPAS) for February 2026, to be recovered through May 2026 billing. An independent audit by M/s Laxmi Kant & Co., Chartered Accountants, validated the calculation, which incorporates variations in fuel costs, power purchase costs, and transmission charges against the Commission-approved cost of supply under the RERC Tariff Regulations, 2025 and the Electricity Amendment Rules, 2022.
COMMISSION ORDERS (CERC/SERC)
8CERC moves to revoke Instinct Infra & Power's trading licence after 7 reminder notices go unanswered
The Central Electricity Regulatory Commission issued a show-cause notice to Instinct Infra & Power Limited - formerly Instinct Advertising & Marketing Ltd - threatening to revoke its Category IV inter-State electricity trading licence. Despite seven reminder communications between April 2025 and February 2026, the New Delhi-based licensee failed to submit mandatory monthly transaction reports, annual returns, and performance data under the Trading Licence Regulations, 2020. CERC has given the company two months to respond, warning that silence will trigger automatic revocation of its licence three months from the date of the order.
8Power Grid wins Rs. 311.86 crore/annum CERC licence to build 275-km Angul–Srikakulam 765 kV transmission link
SR and ER Power Transmission Limited - a 100% subsidiary of Power Grid Corporation of India Limited - filed for an inter-State transmission licence before CERC for the Angul–Srikakulam 765 kV second double-circuit line, approximately 275 km in length. Power Grid emerged as the lowest bidder, quoting Rs. 311.86 crore per annum against Dilip Buildcon's Rs. 312.64 crore in the e-reverse auction held on 9 December 2025. The project, with a contract performance guarantee of Rs. 55 crore lodged with CTUIL, targets commercial operation by 3 August 2028.
8Enerica Infra bags Morena SEZ transmission project at Rs. 156.23 crore/annum, pipping Apraava Energy by Rs. 39.2 lakh
Morena-I SEZ Transmission Limited, owned by Enerica Infra 1 Private Limited, moved CERC for a transmission licence to evacuate 2,500 MW of renewable energy from Madhya Pradesh's Morena SEZ - one of the country's largest designated RE zones with 3.9 GW potential. In a hotly contested 12-bidder auction, Enerica quoted Rs. 156.23 crore per annum to clinch the project, narrowly ahead of Apraava Energy Private Limited at Rs. 156.63 crore. Enerica furnished a contract performance guarantee of Rs. 52 crore with CTUIL. The project, which includes a 765/400 kV pooling station near Sabalgarh, must be commissioned by 3 May 2028.
8CERC determines transmission tariff for Power Grid's Mundra UMPP–Bhuj 400 kV lines under 2024-29 tariff period
The Central Electricity Regulatory Commission disposed of Power Grid Corporation of India Limited's petition for truing up of transmission tariff for the 2019–24 period and determination of tariff for 2024–29 for two critical transmission assets: the 400 kV D/C Mundra UMPP–Bhuj Triple Snowbird Circuit-1 and Circuit-2 transmission lines, along with the 400 kV Bhuj Pooling Station and extensions of the Mundra UMPP switchyard. The assets, part of the Transmission System Strengthening Associated with Mundra UMPP (Part-B) in the Western Region, serve beneficiaries including Madhya Pradesh, Maharashtra, Gujarat, Goa, Chhattisgarh, and Dadra & Nagar Haveli.
8CERC directs CTUIL to decide ACME Cleantech's solar-to-wind connectivity shift application without delay
The Central Electricity Regulatory Commission ordered Central Transmission Utility of India Limited (CTUIL) to promptly consider ACME Cleantech Solutions Private Limited's application - filed on 15 September 2025 - for changing its renewable energy source from solar to wind under the GNA Regulations. ACME, headquartered in Gurugram, has also sought conversion of connectivity from the Land Bank Guarantee route to a Letter of Award route and relief from coercive action. CERC granted interim protection, underscoring the need to facilitate India's renewable energy transition without procedural bottlenecks.
8CSERC pegs FY 2026-27 solar tariff at Rs. 3.40/kWh and small hydro at up to Rs. 8.18/kWh in new generic RE tariff order
The Chhattisgarh State Electricity Regulatory Commission released draft generic levelised tariffs for renewable energy projects achieving commercial operation in FY 2026-27. Solar PV projects (0.5–2 MW) are pegged at Rs. 3.40 per kWh, Mini/Micro Hydro (up to 2 MW) at Rs. 8.18 per kWh, Small Hydro (5–10 MW) at Rs. 7.87 per kWh, and Non-Fossil Fuel Co-generation fixed charges at Rs. 4.55 per kWh. Biogas-based projects carry fixed charges of Rs. 4.90 per kWh. Capital costs range from Rs. 3.5 crore/MW for Solar PV to Rs. 13.54 crore/MW for Biogas. Stakeholders may file comments by 5 June 2026.
8GERC directs GPCL to file affidavit on stalled land allotment for Dholera 700 MW solar park as Veena Energy awaits PPA at Rs. 2.78/kWh
The Gujarat Electricity Regulatory Commission directed Gujarat Power Corporation Limited (GPCL) to file an affidavit within three weeks detailing the status of land acquisition for the Dholera Solar Park in Phase IX - a project awarded to Veena Energy Renewables Urja Pvt. Limited at a tariff of Rs. 2.78 per kWh under GUVNL's 700 MW solar competitive bidding process. GPCL, the nodal agency, acknowledged engaging DSIRDA and DICDL to expedite land possession, but delays persist. The case involves multiple parties including Tata Power, Renew Solar Power, and SJVN Limited.
8CSERC adjudicates final capital cost and tariff for 113 MW Rongnichu hydro project operated by Madhya Bharat Power for CSPDCL
The Chhattisgarh State Electricity Regulatory Commission is hearing Madhya Bharat Power Corporation Limited's petition for approval of final capital cost as on COD, investment plan, tariff truing up for 2021–22, and determination of tariff for the 2022–25 period for its 113 MW (2×56.5 MW) Rongnichu Hydro-Electric Project in Sikkim. The Raipur-headquartered company is in a dispute with Chhattisgarh State Power Distribution Company Limited over the financial terms of this hydropower supply arrangement - a matter with significant implications for inter-state hydropower off-take agreements.
8HPERC decides MA No. 487/2025 on May 13 involving HPPTCL; arguments heard in April 2026
The Himachal Pradesh Electricity Regulatory Commission decided Miscellaneous Application No. 487 of 2025, filed by Himachal Pradesh Power Transmission Corporation Limited (HPPTCL), on May 13, 2026. Arguments were heard on April 8, 2026. The case was filed on September 15, 2025. The order was distributed as part of HPERC's regular adjudicatory proceedings under the Electricity Act, 2003. HPPTCL plays a critical role in expanding Himachal Pradesh's transmission backbone to evacuate hydropower from the state's extensive run-of-river projects to the national grid.
8PSERC approves PSPCL's procurement of 2 MW from Thind Power's mini hydel project at Rs. 3.70/kWh
Punjab State Electricity Regulatory Commission (PSERC), Chandigarh, passed three significant orders on May 13, 2026. Petition 36/2026 deals with re-determination of tariff for a 6 MW biomass-based (Rankine Cycle) power plant under Section 86(1)(a)&(b) of the Electricity Act. Petition 37/2026 seeks enhancement of monetary limits for consumer grievance redressal forums. Petition 38/2026 approves PSPCL's procurement of 2 MW from M/s Thind Power Private Limited's Mini Hydel Project at Rs. 3.70/kWh - supporting Punjab's small hydro integration.
8MERC issues daily order in JSW vs MSEDCL complaint case 218 of 2025; proceedings continue at Maharashtra regulator
The Maharashtra Electricity Regulatory Commission (MERC) issued its daily order in Complaint Case No. 218 of 2025 between JSW and MSEDCL (Maharashtra State Electricity Distribution Company Limited). The proceedings are ongoing at the Commission's World Trade Centre office in Mumbai. MERC continues to adjudicate in disputes between power generators, distribution licensees, and consumers under the Electricity Act, 2003. The case is part of a growing docket of generator-DISCOM disputes in Maharashtra over PPA terms, scheduling, and payment-related matters.
OMBUDSMAN & CONSUMER GRIEVANCE
8TNERC orders TANGEDCO to implement Electricity Ombudsman's March 2024 ruling in favour of Hindustan Unilever
The Tamil Nadu Electricity Regulatory Commission (TNERC) allowed the petition of Hindustan Unilever Limited, directing the implementation of an order passed by the Electricity Ombudsman on 5 March 2024 in Appeal No. 95 of 2023. The regulator confirmed that since TANGEDCO has now complied with the Ombudsman's ruling, no further penalty under Section 142 of the Electricity Act, 2003 will be imposed. The case underscores the binding nature of ombudsman orders on distribution companies in consumer grievance matters and reinforces large industrial consumer rights in Tamil Nadu.
8Gujarat Ambuja Exports approaches GERC over electricity dispute with UGVCL at Dalpur plant
Gujarat Ambuja Exports Limited, which operates a plant at Dalpur, approached the Gujarat Electricity Regulatory Commission in Petition No. 2617 of 2026 against Uttar Gujarat Vij Company Limited (UGVCL). The matter involves regulatory issues under the Electricity Act, 2003 and reflects growing industry assertions of consumer rights in Gujarat's electricity distribution framework. The petition adds to a growing volume of industrial consumer challenges before SERCs across India seeking redressal on tariff, connection, and supply quality issues.
REGULATORY PETITION & REVIEW
8CERC issues public notice for Bellary–Davanagere transmission project to tap 3 GW RE potential in Karnataka
The Central Electricity Regulatory Commission published a public notice proposing to grant a transmission licence to Bellary Davanagere Transmission Limited for a new inter-State transmission scheme in Karnataka. The project entails augmentation at Davanagere with two 1,500 MVA, 765/400 kV ICTs, expansion at Bellary with six 400/220 kV 500 MVA ICTs, and a 400 kV Quad double-circuit line between the two substations. The scheme aims to harness an estimated 3 GW of additional renewable energy potential. Objections may be filed with CERC by 23 May 2026, with a scheduled hearing on 25 May 2026.
8CERC schedules 23 May public hearing on connectivity lapses under GNA regulations; RE projects with unsigned PPAs face grid risk
The Central Electricity Regulatory Commission announced a public hearing on 23 May 2026 (10:30 AM, online) on its draft order in Petition No. 11/SM/2026 concerning the treatment of connectivity granted under the GNA Regulations where Power Purchase Agreements remain unsigned for more than 12 months from the date of issuance of the Letter of Award. The draft order released on 6 May 2026 carries far-reaching implications for hundreds of renewable energy developers whose PPAs are pending, potentially triggering forfeiture of grid connectivity. Objections are invited by 21 May 2026. Details
8Delhi power consumers to pay 14.51% PPAC from May 9 as BRPL levies combined suo motu and differential surcharge
BSES Rajdhani Power Limited (BRPL) levied a combined Power Purchase Adjustment Charge (PPAC) of 14.51% effective 9 May 2026 in Delhi. This comprises an 8.75% Suo Motu PPAC valid from 10 April 2026 to 9 July 2026 under BRPL's own notification, and an additional 5.76% Differential PPAC applicable from 9 to 31 May 2026 as per a DERC order dated 6 February 2026 and the DERC (Terms and Conditions for Determination of Tariff) (Second Amendment) Regulations, 2026. The combined charge reflects rising fuel and power purchase costs being passed through to Delhi's electricity consumers.
8Rajasthan's three DISCOMs - Jaipur, Jodhpur, Ajmer - levy FPPAS for February 2026, recover variations in May billing
Rajasthan's three electricity distribution companies - Jaipur Vidyut Vitran Nigam Limited, Jodhpur Vidyut Vitran Nigam Limited, and Ajmer Vidyut Vitran Nigam Limited - computed and applied Fuel and Power Purchase Adjustment Surcharge (FPPAS) for February 2026, to be recovered through May 2026 billing. An independent audit by M/s Laxmi Kant & Co., Chartered Accountants, validated the calculation, which incorporates variations in fuel costs, power purchase costs, and transmission charges against the Commission-approved cost of supply under the RERC Tariff Regulations, 2025 and the Electricity Amendment Rules, 2022.
COMMISSION ORDERS (CERC/SERC)
8CERC moves to revoke Instinct Infra & Power's trading licence after 7 reminder notices go unanswered
The Central Electricity Regulatory Commission issued a show-cause notice to Instinct Infra & Power Limited - formerly Instinct Advertising & Marketing Ltd - threatening to revoke its Category IV inter-State electricity trading licence. Despite seven reminder communications between April 2025 and February 2026, the New Delhi-based licensee failed to submit mandatory monthly transaction reports, annual returns, and performance data under the Trading Licence Regulations, 2020. CERC has given the company two months to respond, warning that silence will trigger automatic revocation of its licence three months from the date of the order.
8Power Grid wins Rs. 311.86 crore/annum CERC licence to build 275-km Angul–Srikakulam 765 kV transmission link
SR and ER Power Transmission Limited - a 100% subsidiary of Power Grid Corporation of India Limited - filed for an inter-State transmission licence before CERC for the Angul–Srikakulam 765 kV second double-circuit line, approximately 275 km in length. Power Grid emerged as the lowest bidder, quoting Rs. 311.86 crore per annum against Dilip Buildcon's Rs. 312.64 crore in the e-reverse auction held on 9 December 2025. The project, with a contract performance guarantee of Rs. 55 crore lodged with CTUIL, targets commercial operation by 3 August 2028.
8Enerica Infra bags Morena SEZ transmission project at Rs. 156.23 crore/annum, pipping Apraava Energy by Rs. 39.2 lakh
Morena-I SEZ Transmission Limited, owned by Enerica Infra 1 Private Limited, moved CERC for a transmission licence to evacuate 2,500 MW of renewable energy from Madhya Pradesh's Morena SEZ - one of the country's largest designated RE zones with 3.9 GW potential. In a hotly contested 12-bidder auction, Enerica quoted Rs. 156.23 crore per annum to clinch the project, narrowly ahead of Apraava Energy Private Limited at Rs. 156.63 crore. Enerica furnished a contract performance guarantee of Rs. 52 crore with CTUIL. The project, which includes a 765/400 kV pooling station near Sabalgarh, must be commissioned by 3 May 2028.
8CERC determines transmission tariff for Power Grid's Mundra UMPP–Bhuj 400 kV lines under 2024-29 tariff period
The Central Electricity Regulatory Commission disposed of Power Grid Corporation of India Limited's petition for truing up of transmission tariff for the 2019–24 period and determination of tariff for 2024–29 for two critical transmission assets: the 400 kV D/C Mundra UMPP–Bhuj Triple Snowbird Circuit-1 and Circuit-2 transmission lines, along with the 400 kV Bhuj Pooling Station and extensions of the Mundra UMPP switchyard. The assets, part of the Transmission System Strengthening Associated with Mundra UMPP (Part-B) in the Western Region, serve beneficiaries including Madhya Pradesh, Maharashtra, Gujarat, Goa, Chhattisgarh, and Dadra & Nagar Haveli.
8CERC directs CTUIL to decide ACME Cleantech's solar-to-wind connectivity shift application without delay
The Central Electricity Regulatory Commission ordered Central Transmission Utility of India Limited (CTUIL) to promptly consider ACME Cleantech Solutions Private Limited's application - filed on 15 September 2025 - for changing its renewable energy source from solar to wind under the GNA Regulations. ACME, headquartered in Gurugram, has also sought conversion of connectivity from the Land Bank Guarantee route to a Letter of Award route and relief from coercive action. CERC granted interim protection, underscoring the need to facilitate India's renewable energy transition without procedural bottlenecks.
8CSERC pegs FY 2026-27 solar tariff at Rs. 3.40/kWh and small hydro at up to Rs. 8.18/kWh in new generic RE tariff order
The Chhattisgarh State Electricity Regulatory Commission released draft generic levelised tariffs for renewable energy projects achieving commercial operation in FY 2026-27. Solar PV projects (0.5–2 MW) are pegged at Rs. 3.40 per kWh, Mini/Micro Hydro (up to 2 MW) at Rs. 8.18 per kWh, Small Hydro (5–10 MW) at Rs. 7.87 per kWh, and Non-Fossil Fuel Co-generation fixed charges at Rs. 4.55 per kWh. Biogas-based projects carry fixed charges of Rs. 4.90 per kWh. Capital costs range from Rs. 3.5 crore/MW for Solar PV to Rs. 13.54 crore/MW for Biogas. Stakeholders may file comments by 5 June 2026.
8GERC directs GPCL to file affidavit on stalled land allotment for Dholera 700 MW solar park as Veena Energy awaits PPA at Rs. 2.78/kWh
The Gujarat Electricity Regulatory Commission directed Gujarat Power Corporation Limited (GPCL) to file an affidavit within three weeks detailing the status of land acquisition for the Dholera Solar Park in Phase IX - a project awarded to Veena Energy Renewables Urja Pvt. Limited at a tariff of Rs. 2.78 per kWh under GUVNL's 700 MW solar competitive bidding process. GPCL, the nodal agency, acknowledged engaging DSIRDA and DICDL to expedite land possession, but delays persist. The case involves multiple parties including Tata Power, Renew Solar Power, and SJVN Limited.
8CSERC adjudicates final capital cost and tariff for 113 MW Rongnichu hydro project operated by Madhya Bharat Power for CSPDCL
The Chhattisgarh State Electricity Regulatory Commission is hearing Madhya Bharat Power Corporation Limited's petition for approval of final capital cost as on COD, investment plan, tariff truing up for 2021–22, and determination of tariff for the 2022–25 period for its 113 MW (2×56.5 MW) Rongnichu Hydro-Electric Project in Sikkim. The Raipur-headquartered company is in a dispute with Chhattisgarh State Power Distribution Company Limited over the financial terms of this hydropower supply arrangement - a matter with significant implications for inter-state hydropower off-take agreements.
8HPERC decides MA No. 487/2025 on May 13 involving HPPTCL; arguments heard in April 2026
The Himachal Pradesh Electricity Regulatory Commission decided Miscellaneous Application No. 487 of 2025, filed by Himachal Pradesh Power Transmission Corporation Limited (HPPTCL), on May 13, 2026. Arguments were heard on April 8, 2026. The case was filed on September 15, 2025. The order was distributed as part of HPERC's regular adjudicatory proceedings under the Electricity Act, 2003. HPPTCL plays a critical role in expanding Himachal Pradesh's transmission backbone to evacuate hydropower from the state's extensive run-of-river projects to the national grid.
8PSERC approves PSPCL's procurement of 2 MW from Thind Power's mini hydel project at Rs. 3.70/kWh
Punjab State Electricity Regulatory Commission (PSERC), Chandigarh, passed three significant orders on May 13, 2026. Petition 36/2026 deals with re-determination of tariff for a 6 MW biomass-based (Rankine Cycle) power plant under Section 86(1)(a)&(b) of the Electricity Act. Petition 37/2026 seeks enhancement of monetary limits for consumer grievance redressal forums. Petition 38/2026 approves PSPCL's procurement of 2 MW from M/s Thind Power Private Limited's Mini Hydel Project at Rs. 3.70/kWh - supporting Punjab's small hydro integration.
8MERC issues daily order in JSW vs MSEDCL complaint case 218 of 2025; proceedings continue at Maharashtra regulator
The Maharashtra Electricity Regulatory Commission (MERC) issued its daily order in Complaint Case No. 218 of 2025 between JSW and MSEDCL (Maharashtra State Electricity Distribution Company Limited). The proceedings are ongoing at the Commission's World Trade Centre office in Mumbai. MERC continues to adjudicate in disputes between power generators, distribution licensees, and consumers under the Electricity Act, 2003. The case is part of a growing docket of generator-DISCOM disputes in Maharashtra over PPA terms, scheduling, and payment-related matters.
OMBUDSMAN & CONSUMER GRIEVANCE
8TNERC orders TANGEDCO to implement Electricity Ombudsman's March 2024 ruling in favour of Hindustan Unilever
The Tamil Nadu Electricity Regulatory Commission (TNERC) allowed the petition of Hindustan Unilever Limited, directing the implementation of an order passed by the Electricity Ombudsman on 5 March 2024 in Appeal No. 95 of 2023. The regulator confirmed that since TANGEDCO has now complied with the Ombudsman's ruling, no further penalty under Section 142 of the Electricity Act, 2003 will be imposed. The case underscores the binding nature of ombudsman orders on distribution companies in consumer grievance matters and reinforces large industrial consumer rights in Tamil Nadu.
8Gujarat Ambuja Exports approaches GERC over electricity dispute with UGVCL at Dalpur plant
Gujarat Ambuja Exports Limited, which operates a plant at Dalpur, approached the Gujarat Electricity Regulatory Commission in Petition No. 2617 of 2026 against Uttar Gujarat Vij Company Limited (UGVCL). The matter involves regulatory issues under the Electricity Act, 2003 and reflects growing industry assertions of consumer rights in Gujarat's electricity distribution framework. The petition adds to a growing volume of industrial consumer challenges before SERCs across India seeking redressal on tariff, connection, and supply quality issues.
REGULATORY PETITION & REVIEW
8CERC issues public notice for Bellary–Davanagere transmission project to tap 3 GW RE potential in Karnataka
The Central Electricity Regulatory Commission published a public notice proposing to grant a transmission licence to Bellary Davanagere Transmission Limited for a new inter-State transmission scheme in Karnataka. The project entails augmentation at Davanagere with two 1,500 MVA, 765/400 kV ICTs, expansion at Bellary with six 400/220 kV 500 MVA ICTs, and a 400 kV Quad double-circuit line between the two substations. The scheme aims to harness an estimated 3 GW of additional renewable energy potential. Objections may be filed with CERC by 23 May 2026, with a scheduled hearing on 25 May 2026.
8CERC schedules 23 May public hearing on connectivity lapses under GNA regulations; RE projects with unsigned PPAs face grid risk
The Central Electricity Regulatory Commission announced a public hearing on 23 May 2026 (10:30 AM, online) on its draft order in Petition No. 11/SM/2026 concerning the treatment of connectivity granted under the GNA Regulations where Power Purchase Agreements remain unsigned for more than 12 months from the date of issuance of the Letter of Award. The draft order released on 6 May 2026 carries far-reaching implications for hundreds of renewable energy developers whose PPAs are pending, potentially triggering forfeiture of grid connectivity. Objections are invited by 21 May 2026. Details
NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE
May 14:
QUARTERLY RESULTS
8Tata Power clocks FY26 EBITDA of Rs. 14,347 crore, EBITDA margin expands to 22.5%; renewables now 25% of PAT
Tata Power Company's FY26 results show EBITDA surging 14.9% YoY to Rs. 14,347 crore with EBITDA margins expanding sharply to 22.5% from 19.4% in FY25. Adjusted PAT grew 10% YoY, broadly in-line with estimates. Net sales stood at Rs. 63,680 crore for FY26, while the company targets 5 GW of renewable commissioning over the next 2 years. ICICI Securities maintains HOLD rating with target price revised to Rs. 400 from Rs. 359. The Mundra SPPA overhang is now largely resolved.
8GK Energy posts 40% revenue jump to Rs. 1,533 crore in FY26; PAT surges 51% to Rs. 201 crore, cash turns to Rs. 241 crore surplus
GK Energy Limited, India's largest decentralised renewable energy infrastructure company, reported a landmark FY26 performance. Revenue from operations grew 40% YoY to Rs. 1,533 crore (standalone), while PAT rose 51.1% to Rs. 201 crore. EBITDA stood at Rs. 313 crore with margins at 20.44%. The company deployed 61,085 solar systems and commissioned 276 MW during the year, taking cumulative installed capacity to over 617 MW across 140,000+ systems in 7,500+ villages. The balance sheet transformed from net debt to a surplus of Rs. 241 crore post-IPO.
8Tata Power Q4 FY26: T&D drives 60% of PAT; 5 GW renewable target in 2 years as Mundra drag fades
Tata Power Company reported Q4 FY26 results with adjusted PAT growth of 10% YoY, broadly in-line with analyst estimates. T&D contributed 60% to PAT, renewables 25%, and coal/standalone 10%. Net sales for FY26 stood at Rs. 63,680 crore. The Mundra SPPA overhang - a drag for over a year - is now largely resolved with Gujarat settling and four remaining states in advanced stages. Management targets commissioning 5 GW of renewable capacity over the next 2 years. ICICI Securities rates the stock HOLD with revised target price of Rs. 400.
8Torrent Power's Ahmedabad grid buys 1,932 MU from GUVNL in Q3 FY26, down 5.91% YoY; Dahej area purchases fall 7.82% to 197 MU
Torrent Power Limited filed its Q3 FY 2025-26 Regulatory Information Report with GERC for its Ahmedabad/Gandhinagar and Surat licence areas. Power purchase from GUVNL/Others for the Ahmedabad area stood at 1,932.51 MU in Q3 FY26, down 5.91% from 2,053.87 MU in Q3 FY25. The Dahej and Dholera licence area bought 197.06 MU from GUVNL - a decline of 7.82% year-on-year - against 213.78 MU in the corresponding quarter. Cumulative year-to-date Ahmedabad purchases were 7,352.52 MU, down 2.19% from 7,517.04 MU.
8CSPGCL reports Rs. 79,244 crore fixed assets and qualified audit opinion in FY 2024-25 standalone financials
Chhattisgarh State Power Generation Company Limited (CSPGCL) released its standalone balance sheet as at 31 March 2025, showing Property, Plant and Equipment of Rs. 79,243.86 crore - down from Rs. 86,243.89 crore in FY 2023-24. The company's auditor, BAMB TAORI & CO., Chartered Accountants, has issued a Qualified Opinion on the standalone Ind AS financial statements, raising concerns on specific accounting treatments. CSPGCL's consolidated financial statements for the group also carry a qualified audit opinion covering the company and its subsidiary.
ANNUAL RESULTS
8Om Infra board approves FY26 audited results; recommends 50% final dividend of Rs. 0.50 per share
Om Infra Limited (formerly Om Metals Infraprojects Limited) held its Board meeting on May 13, 2026, and approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The Board also recommended a final dividend of Rs. 0.50 per equity share (50% of face value Rs. 1), subject to shareholder approval at the forthcoming Annual General Meeting. The dividend declaration represents a continued payout policy for shareholders of the infrastructure firm with significant exposure to hydro and water resource projects across India.
8CESC Limited receives clean secretarial compliance bill of health for FY26; no non-compliance found
CESC Limited submitted its Annual Secretarial Compliance Report for FY ended March 31, 2026 to BSE and NSE, issued by M/s Anjan Kumar Roy & Co., Company Secretaries, Kolkata. The report confirms full compliance with all applicable SEBI regulations including LODR, insider trading, Takeovers, and Non-Convertible Securities norms. No deviations, no regulatory actions, no disqualifications, and no statutory auditor resignations were reported during the review period. The Kolkata-based integrated power utility's related party transactions are covered under Omnibus Approval by the Audit Committee.
8Solarworld Energy Solutions' Rs. 411.68 crore IPO proceeds earmarked for 1.2 GW Karnataka solar cell plant still undeployed
Solarworld Energy Solutions Limited filed its CRISIL Ratings Monitoring Agency Report for Q4 FY26, revealing that Rs. 411.68 crore of IPO proceeds earmarked for investment in subsidiary Kartik Solarworld Private Limited (KSPL) to establish a 1.2 GW solar PV TopCon cell manufacturing facility at Pandhurana, Madhya Pradesh remain unutilised. Only Rs. 23.01 crore was deployed towards issue expenses; total IPO and Pre-IPO proceeds raised were Rs. 550 crore. Remaining Rs. 425.33 crore sits in fixed deposits across HDFC, Yes Bank, and Axis Bank at 5.85–6.90% interest.
8Hitachi Energy India confirms no deviation in QIP fund usage; Rs. 469.66 crore deployed from Rs. 2,476 crore net proceeds
Hitachi Energy India Limited confirmed zero deviation in the use of funds raised through its Qualified Institutional Placement of March 2025 (gross Rs. 2,520.82 crore). The Audit Committee reviewed the Q4 FY26 statement on May 11, 2026. Of Rs. 1,513.28 crore allocated for capital expenditure, Rs. 469.66 crore has been utilised so far - related to capacity increase, equipment addition, and civil works. No utilisation occurred from the Rs. 350 crore working capital allocation or Rs. 613.01 crore general corporate purpose allocation during the quarter.
8GE Power India updates KMP contact details: Puneet Bhatla designated Managing Director from May 14
GE Power India Limited notified BSE and NSE of a change in Key Managerial Personnel (KMP) contact details with effect from May 14, 2026. Puneet Bhatla has been designated as Managing Director (DIN: 09536236) and authorised KMP for determining materiality of events. The company's corporate office is at Axis House, Jaypee Wishtown, Sector 128, Noida, Uttar Pradesh. The change reflects continued leadership reorganisation at one of India's significant power equipment manufacturers and EPC service providers in the thermal and steam power segment.
DIVIDEND & BOARD DECISIONS
8PFC board to meet May 16 to discuss merger with REC; Rs. 1.6 trillion giant in the making
Power Finance Corporation Limited, a Government of India Undertaking, notified stock exchanges that its Board of Directors is scheduled to meet on May 16, 2026 to consider and discuss the proposed merger of PFC and REC Limited in accordance with the company's Articles of Association. The merger of these two Maharatna PSUs - PFC with assets of over Rs. 9 lakh crore and REC with over Rs. 5.9 lakh crore - would create one of India's largest financial institutions. REC Limited filed a separate but complementary Board meeting intimation for the same date.
8REC Limited also calls board meeting for May 16 to deliberate on PFC-REC merger; twin PSU mega-merger on track
REC Limited, a Maharatna Government of India Enterprise and the country's premier infrastructure financing company for the power sector, filed a board meeting intimation under SEBI LODR Regulation 29 for May 16, 2026. The meeting, parallel to PFC's board meeting called the same day, further confirms active deliberations on the proposed merger of Power Finance Corporation and REC Limited. Combined, these two PSUs would manage a loan book exceeding Rs. 15 lakh crore, creating one of India's largest financial institutions focused on the power sector.
8Suzlon Energy allots 1,95,000 equity shares under ESOP 2022; paid-up capital now Rs. 2,743 crore
Suzlon Energy Limited allotted 1,95,000 fully paid-up equity shares of face value Rs. 2 each to eligible employees under Employee Stock Option Plan 2022, via a circular resolution passed by its Securities Issue Committee on May 13, 2026. Of these, 1,20,000 shares under Grant 1 (May 2023) were exercised at Rs. 5 each, and 75,000 shares under Grant 2 (May 2024) at Rs. 30 each, together realising Rs. 28.50 lakh. Post-allotment, the company's paid-up capital stands at Rs. 2,743.10 crore divided into 1,371.55 crore equity shares.
8S&S Power Switchgear schedules board meeting for May 22 to approve FY26 audited results; trading window closes till May 24
S&S Power Switchgear Limited intimated BSE and NSE that its Board of Directors is scheduled to meet on Friday, May 22, 2026 to consider and approve the Audited Standalone and Consolidated Financial Results for FY ended March 31, 2026. In accordance with its Code of Conduct for Prevention of Insider Trading, the trading window for designated persons remains closed from April 1, 2026 and will reopen on May 24, 2026 - 48 hours after the declaration of results. The switchgear maker serves the Indian electrical equipment ecosystem.
8Adani Enterprises rights issue committee meets May 13; board deliberates capital raise for flagship conglomerate
Adani Enterprises Limited notified stock exchanges that its Rights Issue Committee of the Board of Directors met on May 13, 2026. The outcome relates to the company's ongoing capital raise through a rights issue. Adani Enterprises, the flagship of the Adani Group, operates across energy, infrastructure, airports, defence, and data centres, and is currently pursuing accelerated investment plans across its diversified business verticals. The rights issue is part of the group's broader funding strategy to support its capital expenditure pipeline across power, ports, and renewables businesses.
EARNINGS CALL & ANALYST MEET
8NHPC to host Q4 FY26 results conference call on May 18 at 3:30 PM IST; global dial-in numbers available
NHPC Limited announced a conference call on Monday, May 18, 2026 at 3:30 PM IST to discuss the company's Q4 and full year FY 2025-26 financial results. Senior management will interact with analysts and institutional investors. International dial-in numbers are available for the US (+1 866 746 2133), UK (+44 808 101 1573), Singapore (800 101 2045), Hong Kong (800 964 448), and Australia (0080014243444). NHPC is India's premier hydropower company with an installed capacity of over 7,000 MW and is a Mini Ratna Category-I CPSE.
8Jindal Steel Limited schedules one-on-one analyst meet with Pinebridge Investments in Gurgaon on May 18
Jindal Steel Limited (formerly Jindal Steel & Power Limited), listed on NSE and BSE, notified stock exchanges of an upcoming analyst meeting on Monday, May 18, 2026, with Pinebridge Investments at Gurgaon. The intimation was filed under Regulation 30 of SEBI LODR Regulations, 2015. The schedule is subject to changes due to exigencies from any party. The interaction reflects continued institutional investor engagement with the steel-and-power major as it pursues its diversification across captive coal mining, thermal generation, and steel manufacturing operations.
8Torrent Power posts Q4 FY26 earnings call audio recording on company website; analysts briefed
Torrent Power Limited informed stock exchanges that the audio recording of its analyst/investor earnings conference call for Q4 and FY 2025-26 results, held on May 13, 2026, has been uploaded on the company's website. A transcript will be submitted in due course, as per Regulation 30 of SEBI LODR Regulations. Torrent Power is one of India's leading private sector power utilities operating distribution, generation, and renewable energy businesses across Gujarat, Maharashtra, Uttar Pradesh, and other states with a growing renewable portfolio.
8KP Green Engineering posts FY26 earnings conference call recording online; half-year results discussed with analysts May 13
KP Green Engineering Limited informed stock exchanges that the audio recording of its analyst/investor earnings conference call held on May 13, 2026 at 11:00 AM IST - covering audited financial results for the half year and year ended March 31, 2026 - has been uploaded on its website. The transcript will be submitted in due course under SEBI LODR Regulations. KP Green Engineering operates in the green and renewable energy infrastructure space and continues investor outreach following its results announcement.
CREDIT RATING & ANALYST REPORT
8CareEdge assigns CARE A-; Stable rating to Hero Future Energies' 125.8 MW hybrid RE restricted group; combined debt Rs. 630+ crore
CareEdge Ratings assigned CARE A-; Stable ratings to the long-term bank facilities of Clean Renewable Energy KK's Hero Restricted Group (RG) - five SPVs (1A through 1E) - under a combined approach. The group operates a total hybrid capacity of 125.8 MW AC (99.4 MW solar, 26.4 MW wind) in Karnataka, backed by Hero Future Energies which has 2.3 GW of commissioned capacity and 6 GW under construction. Long-term PPAs covering 90% of capacity are in place with C&I counterparties. Total rated facilities: 1A Rs. 143.26 crore, 1B Rs. 143.26 crore, 1C Rs. 143.26 crore, 1D Rs. 143.26 crore, 1E Rs. 56.96 crore.
8ICRA keeps Viyyat Power Private Limited's ICRA B+(Stable) rating under Issuer Non-Cooperating category
ICRA Limited retained Viyyat Power Private Limited's long-term fund-based cash credit rating of ICRA B+(Stable) under the Issuer Non-Cooperating category as of May 13, 2026. The company's rated amount stands at Rs. 0.50 crore. The Issuer Not Cooperating designation indicates that ICRA has not received adequate information from Viyyat Power to conduct a proper review, raising credit monitoring concerns. The rating continues to reflect limited financial visibility for the small-ticket borrower in the power sector ecosystem. Details
8Tata Power clocks FY26 EBITDA of Rs. 14,347 crore, EBITDA margin expands to 22.5%; renewables now 25% of PAT
Tata Power Company's FY26 results show EBITDA surging 14.9% YoY to Rs. 14,347 crore with EBITDA margins expanding sharply to 22.5% from 19.4% in FY25. Adjusted PAT grew 10% YoY, broadly in-line with estimates. Net sales stood at Rs. 63,680 crore for FY26, while the company targets 5 GW of renewable commissioning over the next 2 years. ICICI Securities maintains HOLD rating with target price revised to Rs. 400 from Rs. 359. The Mundra SPPA overhang is now largely resolved.
8GK Energy posts 40% revenue jump to Rs. 1,533 crore in FY26; PAT surges 51% to Rs. 201 crore, cash turns to Rs. 241 crore surplus
GK Energy Limited, India's largest decentralised renewable energy infrastructure company, reported a landmark FY26 performance. Revenue from operations grew 40% YoY to Rs. 1,533 crore (standalone), while PAT rose 51.1% to Rs. 201 crore. EBITDA stood at Rs. 313 crore with margins at 20.44%. The company deployed 61,085 solar systems and commissioned 276 MW during the year, taking cumulative installed capacity to over 617 MW across 140,000+ systems in 7,500+ villages. The balance sheet transformed from net debt to a surplus of Rs. 241 crore post-IPO.
8Tata Power Q4 FY26: T&D drives 60% of PAT; 5 GW renewable target in 2 years as Mundra drag fades
Tata Power Company reported Q4 FY26 results with adjusted PAT growth of 10% YoY, broadly in-line with analyst estimates. T&D contributed 60% to PAT, renewables 25%, and coal/standalone 10%. Net sales for FY26 stood at Rs. 63,680 crore. The Mundra SPPA overhang - a drag for over a year - is now largely resolved with Gujarat settling and four remaining states in advanced stages. Management targets commissioning 5 GW of renewable capacity over the next 2 years. ICICI Securities rates the stock HOLD with revised target price of Rs. 400.
8Torrent Power's Ahmedabad grid buys 1,932 MU from GUVNL in Q3 FY26, down 5.91% YoY; Dahej area purchases fall 7.82% to 197 MU
Torrent Power Limited filed its Q3 FY 2025-26 Regulatory Information Report with GERC for its Ahmedabad/Gandhinagar and Surat licence areas. Power purchase from GUVNL/Others for the Ahmedabad area stood at 1,932.51 MU in Q3 FY26, down 5.91% from 2,053.87 MU in Q3 FY25. The Dahej and Dholera licence area bought 197.06 MU from GUVNL - a decline of 7.82% year-on-year - against 213.78 MU in the corresponding quarter. Cumulative year-to-date Ahmedabad purchases were 7,352.52 MU, down 2.19% from 7,517.04 MU.
8CSPGCL reports Rs. 79,244 crore fixed assets and qualified audit opinion in FY 2024-25 standalone financials
Chhattisgarh State Power Generation Company Limited (CSPGCL) released its standalone balance sheet as at 31 March 2025, showing Property, Plant and Equipment of Rs. 79,243.86 crore - down from Rs. 86,243.89 crore in FY 2023-24. The company's auditor, BAMB TAORI & CO., Chartered Accountants, has issued a Qualified Opinion on the standalone Ind AS financial statements, raising concerns on specific accounting treatments. CSPGCL's consolidated financial statements for the group also carry a qualified audit opinion covering the company and its subsidiary.
ANNUAL RESULTS
8Om Infra board approves FY26 audited results; recommends 50% final dividend of Rs. 0.50 per share
Om Infra Limited (formerly Om Metals Infraprojects Limited) held its Board meeting on May 13, 2026, and approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The Board also recommended a final dividend of Rs. 0.50 per equity share (50% of face value Rs. 1), subject to shareholder approval at the forthcoming Annual General Meeting. The dividend declaration represents a continued payout policy for shareholders of the infrastructure firm with significant exposure to hydro and water resource projects across India.
8CESC Limited receives clean secretarial compliance bill of health for FY26; no non-compliance found
CESC Limited submitted its Annual Secretarial Compliance Report for FY ended March 31, 2026 to BSE and NSE, issued by M/s Anjan Kumar Roy & Co., Company Secretaries, Kolkata. The report confirms full compliance with all applicable SEBI regulations including LODR, insider trading, Takeovers, and Non-Convertible Securities norms. No deviations, no regulatory actions, no disqualifications, and no statutory auditor resignations were reported during the review period. The Kolkata-based integrated power utility's related party transactions are covered under Omnibus Approval by the Audit Committee.
8Solarworld Energy Solutions' Rs. 411.68 crore IPO proceeds earmarked for 1.2 GW Karnataka solar cell plant still undeployed
Solarworld Energy Solutions Limited filed its CRISIL Ratings Monitoring Agency Report for Q4 FY26, revealing that Rs. 411.68 crore of IPO proceeds earmarked for investment in subsidiary Kartik Solarworld Private Limited (KSPL) to establish a 1.2 GW solar PV TopCon cell manufacturing facility at Pandhurana, Madhya Pradesh remain unutilised. Only Rs. 23.01 crore was deployed towards issue expenses; total IPO and Pre-IPO proceeds raised were Rs. 550 crore. Remaining Rs. 425.33 crore sits in fixed deposits across HDFC, Yes Bank, and Axis Bank at 5.85–6.90% interest.
8Hitachi Energy India confirms no deviation in QIP fund usage; Rs. 469.66 crore deployed from Rs. 2,476 crore net proceeds
Hitachi Energy India Limited confirmed zero deviation in the use of funds raised through its Qualified Institutional Placement of March 2025 (gross Rs. 2,520.82 crore). The Audit Committee reviewed the Q4 FY26 statement on May 11, 2026. Of Rs. 1,513.28 crore allocated for capital expenditure, Rs. 469.66 crore has been utilised so far - related to capacity increase, equipment addition, and civil works. No utilisation occurred from the Rs. 350 crore working capital allocation or Rs. 613.01 crore general corporate purpose allocation during the quarter.
8GE Power India updates KMP contact details: Puneet Bhatla designated Managing Director from May 14
GE Power India Limited notified BSE and NSE of a change in Key Managerial Personnel (KMP) contact details with effect from May 14, 2026. Puneet Bhatla has been designated as Managing Director (DIN: 09536236) and authorised KMP for determining materiality of events. The company's corporate office is at Axis House, Jaypee Wishtown, Sector 128, Noida, Uttar Pradesh. The change reflects continued leadership reorganisation at one of India's significant power equipment manufacturers and EPC service providers in the thermal and steam power segment.
DIVIDEND & BOARD DECISIONS
8PFC board to meet May 16 to discuss merger with REC; Rs. 1.6 trillion giant in the making
Power Finance Corporation Limited, a Government of India Undertaking, notified stock exchanges that its Board of Directors is scheduled to meet on May 16, 2026 to consider and discuss the proposed merger of PFC and REC Limited in accordance with the company's Articles of Association. The merger of these two Maharatna PSUs - PFC with assets of over Rs. 9 lakh crore and REC with over Rs. 5.9 lakh crore - would create one of India's largest financial institutions. REC Limited filed a separate but complementary Board meeting intimation for the same date.
8REC Limited also calls board meeting for May 16 to deliberate on PFC-REC merger; twin PSU mega-merger on track
REC Limited, a Maharatna Government of India Enterprise and the country's premier infrastructure financing company for the power sector, filed a board meeting intimation under SEBI LODR Regulation 29 for May 16, 2026. The meeting, parallel to PFC's board meeting called the same day, further confirms active deliberations on the proposed merger of Power Finance Corporation and REC Limited. Combined, these two PSUs would manage a loan book exceeding Rs. 15 lakh crore, creating one of India's largest financial institutions focused on the power sector.
8Suzlon Energy allots 1,95,000 equity shares under ESOP 2022; paid-up capital now Rs. 2,743 crore
Suzlon Energy Limited allotted 1,95,000 fully paid-up equity shares of face value Rs. 2 each to eligible employees under Employee Stock Option Plan 2022, via a circular resolution passed by its Securities Issue Committee on May 13, 2026. Of these, 1,20,000 shares under Grant 1 (May 2023) were exercised at Rs. 5 each, and 75,000 shares under Grant 2 (May 2024) at Rs. 30 each, together realising Rs. 28.50 lakh. Post-allotment, the company's paid-up capital stands at Rs. 2,743.10 crore divided into 1,371.55 crore equity shares.
8S&S Power Switchgear schedules board meeting for May 22 to approve FY26 audited results; trading window closes till May 24
S&S Power Switchgear Limited intimated BSE and NSE that its Board of Directors is scheduled to meet on Friday, May 22, 2026 to consider and approve the Audited Standalone and Consolidated Financial Results for FY ended March 31, 2026. In accordance with its Code of Conduct for Prevention of Insider Trading, the trading window for designated persons remains closed from April 1, 2026 and will reopen on May 24, 2026 - 48 hours after the declaration of results. The switchgear maker serves the Indian electrical equipment ecosystem.
8Adani Enterprises rights issue committee meets May 13; board deliberates capital raise for flagship conglomerate
Adani Enterprises Limited notified stock exchanges that its Rights Issue Committee of the Board of Directors met on May 13, 2026. The outcome relates to the company's ongoing capital raise through a rights issue. Adani Enterprises, the flagship of the Adani Group, operates across energy, infrastructure, airports, defence, and data centres, and is currently pursuing accelerated investment plans across its diversified business verticals. The rights issue is part of the group's broader funding strategy to support its capital expenditure pipeline across power, ports, and renewables businesses.
EARNINGS CALL & ANALYST MEET
8NHPC to host Q4 FY26 results conference call on May 18 at 3:30 PM IST; global dial-in numbers available
NHPC Limited announced a conference call on Monday, May 18, 2026 at 3:30 PM IST to discuss the company's Q4 and full year FY 2025-26 financial results. Senior management will interact with analysts and institutional investors. International dial-in numbers are available for the US (+1 866 746 2133), UK (+44 808 101 1573), Singapore (800 101 2045), Hong Kong (800 964 448), and Australia (0080014243444). NHPC is India's premier hydropower company with an installed capacity of over 7,000 MW and is a Mini Ratna Category-I CPSE.
8Jindal Steel Limited schedules one-on-one analyst meet with Pinebridge Investments in Gurgaon on May 18
Jindal Steel Limited (formerly Jindal Steel & Power Limited), listed on NSE and BSE, notified stock exchanges of an upcoming analyst meeting on Monday, May 18, 2026, with Pinebridge Investments at Gurgaon. The intimation was filed under Regulation 30 of SEBI LODR Regulations, 2015. The schedule is subject to changes due to exigencies from any party. The interaction reflects continued institutional investor engagement with the steel-and-power major as it pursues its diversification across captive coal mining, thermal generation, and steel manufacturing operations.
8Torrent Power posts Q4 FY26 earnings call audio recording on company website; analysts briefed
Torrent Power Limited informed stock exchanges that the audio recording of its analyst/investor earnings conference call for Q4 and FY 2025-26 results, held on May 13, 2026, has been uploaded on the company's website. A transcript will be submitted in due course, as per Regulation 30 of SEBI LODR Regulations. Torrent Power is one of India's leading private sector power utilities operating distribution, generation, and renewable energy businesses across Gujarat, Maharashtra, Uttar Pradesh, and other states with a growing renewable portfolio.
8KP Green Engineering posts FY26 earnings conference call recording online; half-year results discussed with analysts May 13
KP Green Engineering Limited informed stock exchanges that the audio recording of its analyst/investor earnings conference call held on May 13, 2026 at 11:00 AM IST - covering audited financial results for the half year and year ended March 31, 2026 - has been uploaded on its website. The transcript will be submitted in due course under SEBI LODR Regulations. KP Green Engineering operates in the green and renewable energy infrastructure space and continues investor outreach following its results announcement.
CREDIT RATING & ANALYST REPORT
8CareEdge assigns CARE A-; Stable rating to Hero Future Energies' 125.8 MW hybrid RE restricted group; combined debt Rs. 630+ crore
CareEdge Ratings assigned CARE A-; Stable ratings to the long-term bank facilities of Clean Renewable Energy KK's Hero Restricted Group (RG) - five SPVs (1A through 1E) - under a combined approach. The group operates a total hybrid capacity of 125.8 MW AC (99.4 MW solar, 26.4 MW wind) in Karnataka, backed by Hero Future Energies which has 2.3 GW of commissioned capacity and 6 GW under construction. Long-term PPAs covering 90% of capacity are in place with C&I counterparties. Total rated facilities: 1A Rs. 143.26 crore, 1B Rs. 143.26 crore, 1C Rs. 143.26 crore, 1D Rs. 143.26 crore, 1E Rs. 56.96 crore.
8ICRA keeps Viyyat Power Private Limited's ICRA B+(Stable) rating under Issuer Non-Cooperating category
ICRA Limited retained Viyyat Power Private Limited's long-term fund-based cash credit rating of ICRA B+(Stable) under the Issuer Non-Cooperating category as of May 13, 2026. The company's rated amount stands at Rs. 0.50 crore. The Issuer Not Cooperating designation indicates that ICRA has not received adequate information from Viyyat Power to conduct a proper review, raising credit monitoring concerns. The rating continues to reflect limited financial visibility for the small-ticket borrower in the power sector ecosystem. Details
Daily forward looking import matrices
May 14:
It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
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8Fertilizers
8LPG
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Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
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Download tenders and news clips
May 14:
For reference purposes the website carries here the following tenders:
8Tender for work of refurbishment of various spares of CW pump Details
8Tender for work of attending boiler tube leakage Details
8Tender for supply, installation, testing and commissioning of the aviation obstruction lighting of plant chimney and cooling tower-1 Details
8Tender for renovation and maintenance work of 33/11 kV S/S Details
8Tender for one time renovation by repair, maintenance and painting work Details
8Tender for work contract for painting of main steel structure Details
8Tender for civil works to prevent the 33 kV S/Stn Details
8Tender for Re-construction of and other allied civil works to prevent the 33 kV S/Stn Details
8Tender for creation of 2No. 220kV bays at 220kV sub-station Details
8Design, supply, erection, testing & commissioning of 5 meter height lighting poles Details
8Tender for chemical treatment and rehabilitation works to arrest water ingress in ash storage silos Details
8Tender for running civil maintenance works Details
8Tender for routine, preventive and breakdown maintenance work of various TG auxiliaries installed Details
8Tender for supply, erection & commissioning of 11 kV lines with MVCC conductor & dismantling of existing open conductor Details
8Tender for repair & HP HVOP coating of 01 no runner of 77 MW francis hydro turbine Details
8Tender for lining work by steel ribs and reinforced cement concrete Details
8Tender for construction of 05 no. bunkers Details
8Tender for repair work of power station surge shaft and switchyard Details
8Design, supply, installation, retrofitting, testing and commissioning of 220kV bus bar protection scheme Details
8Tender for procurement of cold end sector plate Details
8Tender for engagement of a third-party agency for conducting protection system Details
8Tender for construction of 33 kV S/S Details
8Tender for supply of TC fuse wire Details
8Tender for erection and laying of 33 kV 300 sqmm cable Details
8Tender for supply of 11kV 45KN porcelain disc insulators Details
8Tender for supply, erection, testing & commissioning of 33/0.4 kV, 800KVA, LT station transformer Details
8Tender for repair, service of defective electronic modules of MAXDNA system, omega modules Details
8Tender for capital/ overhauling maintenance work of unit-II Details
8Tender for supply and complete replacement work of collecting electrodes and emitting electrodes Details
8Tender for supply, installation and commissioning of auto CAD -including specialized tool sets Details
8for supply and delivery of surge arrestors Details
8Design, fabrication, supply, installation, testing and commissioning of total 46 KWP capacities solar power plants Details
8Design, fabrication, supply, installation, testing and commissioning of total 222 KW capacities solar power plants Details
8Tender for interlinking 11kV line Details
8Tender for creation of 1 No 33kV line bay at 132 kV sub station Details
8Tender for desilting with dredger of raw water reservoir Details
8Tender for construction of coal Details
8Tender for housekeeping contract for weighbridge Details
8Tender for contract for repair of BFP cartridge of 500 MW units Details
8Tender for procurement of AI-powered safety Details
8Tender for construction of basic amenities Details
8Tender for work for preventive, schedule and breakdown maintenance work of 132/33kV grid sub-station Details
8Tender for work for carrying out routine monthly patrolling, preventing/breakdown/ shutdown maintenance work of transmission lines Kamdara Details
8Tender for work for carrying out routine monthly patrolling, preventing/breakdown/ shutdown maintenance work of transmission lines Burmu Details
8Tender for work for carrying out routine monthly patrolling, preventing/breakdown/ shutdown maintenance work of transmission lines Lohardaga Details
8Tender for work for annual maintenance of 220/132kV grid sub-station, Lohardaga Details
8Tender for supply of ISI marked 11 kV XLPE UG cable 300sqmm Details
8Tender for supply of ISI marked 33 kV XLPE UG cable 400sqmm Details
8Tender for supply of BIS certified energy efficiency level 3 Details
8Tender for supply of BIS certified energy efficiency level 3 (old)/ level 2 (new), conventional 11/0.433kV, 200 KVA, distribution transformers Details
8Tender for supply of ACSR panther conductor Details
8Tender for supply, erection, testing and commissioning of controlled switching device Details
8Tender for procurement of complete assembly of rotary ash conditioner/rotary drum installed Details
8Tender for extension of 33 kV s/stn Details
8Tender for construction of anti flood wall at 33 kV s/stn Details
8Tender for construction of anti-flood wall and water collection tanks to tackle water logging at 33 kV s/stn. Details
8Tender for extension of switch house Details
8Tender for routine / schedule / preventive / breakdown / overhauling of air compressors Details
8Tender for supply of skirt sealing system for coal handling plant Details
8Tender for miscellaneous civil works Details
8Tender for supply, retrofitting, testing and commissioning of distance protection relay Details
8Tender for standardisation works Details
8Tender for interlinking 11kV feeders Details
8Tender for replacing of wire ropes and overhauling of hoist mechanisms. Details
8Tender for Re-routing puthedu branch of 11kV feeder Details
8Tender for extension of 33kV bay and associated works for power evacuation Details
8Tender for extension and maintenance of control at 33kV substation Details
8Tender for trans grid downstream work bay extension of 110 kV substation Details
8Tender for constructing new 11kV feeder using ABC Details
8Tender for replacement of weasel conductor Details
8Tender for overhauling of 6.6 kV HT motors Details
8Tender for overhauling of boiler pressure parts Details
8Tender for procurement of steel materials and fasteners for pressure and non-pressure parts Details
8Tender for procurement of spares for 10E10 coal mill Details
8Tender for procurement of 600 MT sulphuric acid Details
8Tender for procurement of self-lubricating guide vane bushes Details
8Tender for construction of 33kV line Details
8Tender for annual maintenance work of 33 kV/11 kV /LT lines, 11/0.4 kV sub stations Details
8Tender for temporary work of erection and dismantling 11 kV, LT line, street light Details
8Tender for execution of cable laying work for connecting 33 kV line Details
8Tender for execution work related to installation of MCCB and ACB in the transformers installed Details
8Tender for replacement of ACSR weasel conductor by LT AB cable Details
8Tender for construction of line on new 33 kV AAAC covered conductor at 33/11 kV S/s Details
8Tender for replacement work of 11 kV ACSR conductor by A.A.A.C AL 59, 99 Sq.mm conductor Details
8Tender for replacement work of 11 kV ACSR conductor Details
8Tender for replacement work of 11 kV ACSR conductor by A.A.A.C AL 59, 99 Sq.mm conductor Details
8Tender for supply of 11kV moving contact 200A Details
8Tender for supply of aluminium lug and line connector 120 Sq.mm and 240 Sq.mm Details
8Tender for supply of G.I.stem bolt 12.5mm x 155 mm and G.I.stem bolt Details
8Tender for outsourcing the operation and routine maintenance, break down maintenance of scrapper feeders Details
8Tender for works contract for day to day preventive and breakdown maintenance including emergency breakdowns at night in 400kV, 230kV and 110kV lines Details
8Tender for strengthening of the bunds & segregation of LAD-removal of accumulated ash Details
8Tender for attending breakdown maintenance works in ash slurry line Details
8Tender for supply of TC fuse wire 14 SWG, 16 SWG, 18 SWG and 32 SWG Details
8Tender for work of supply & installation of advance multi cable transit system by passive fire screen for cable entries at various Details
8Tender for work of annual maintenance contract work of attending oil leakages through various joints of EHV power T/Fs & ICTs Details
8Tender for Bi-ARC for work of attending UG cable fault for 66kV class XLPE cable Details
8Tender for repair, maintenance, and installation of plant/ systems/equipments Details
8Tender for shifting of existing capacitor bank Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Minister calls for coal sector support during global energy challenges Details
8Indian car parts maker Sona Comstar buys clean power from Cleantech Solar Details
8IndiGrid commissions 180 MW Gujarat battery storage project Details
8Ceigall India Wins 50 MW Battery Storage Project In Punjab Under PSPCL Bid Details
8CERC Proposes Faster Real-Time Power Market To Support India’s Renewable Energy Growth Details
8Renewable energy central to India’s industrial competitiveness: Pralhad Joshi Details
8Heatwaves, rooftop solar and data centres force rethink of India’s power sector planning Details
8India's Power Grid Faces Volatility from Heat, DRE, Data Centers Details
8Citi Sees India's Power Demand Rising 5%-6% Annually Amid Energy Buildout Details
8CERC Proposes Capacity Market Framework To Strengthen India’s Power Sector Reliability Details
8Fitch Ratings Projects Up To 5% Growth In India’s Power Demand Details
8Tata Power Explores Nuclear Energy Expansion With State Governments Details
8IAS 2024 Batch Trainees Visit REC Limited to Understand India’s Energy Financing and Power Sector Initiatives Details
8India's $700Bn Power Shift: Heat, Renewables Drive Grid Volatility Details
8Atoms for net-zero: A 100 GW bet on India’s nuclear expansion Details
8iBluu Perspective: India's Renewable Power Giants Are Entering a New Infrastructure War for Grid Control, Storage Dominance, and Industrial Energy Leadership Details
8India's Grid Strain: Heat, Data Centers, Renewables Drive Demand Surge Details
8India’s Renewable Energy Deals Hit $2 Billion as Clean Power Transition Accelerates Details
8MoS Jitendra Singh says SHANTI Act rules to be rolled out in coming weeks, months Details
8India’s nuclear energy ambitions hit execution roadblocks: Report Details
8India’s steel sector is cleaning up, but green standards remain murky Details
8Sensex at 89,000 by June 2027 Morgan Stanley picks 7 stocks to ride India’s next capex cycle Details
8India’s nuclear push faces execution bottleneck despite 100 GW investment interest: Report Details
8India’s Rs 37,500 Crore Coal Gasification Bet Signals A New Energy Security Push Details
8DVC Appoints Saurabh Sharma As Executive Director (HR) Details
You can also click on Newsclips for more Details
8Tender for work of refurbishment of various spares of CW pump Details
8Tender for work of attending boiler tube leakage Details
8Tender for supply, installation, testing and commissioning of the aviation obstruction lighting of plant chimney and cooling tower-1 Details
8Tender for renovation and maintenance work of 33/11 kV S/S Details
8Tender for one time renovation by repair, maintenance and painting work Details
8Tender for work contract for painting of main steel structure Details
8Tender for civil works to prevent the 33 kV S/Stn Details
8Tender for Re-construction of and other allied civil works to prevent the 33 kV S/Stn Details
8Tender for creation of 2No. 220kV bays at 220kV sub-station Details
8Design, supply, erection, testing & commissioning of 5 meter height lighting poles Details
8Tender for chemical treatment and rehabilitation works to arrest water ingress in ash storage silos Details
8Tender for running civil maintenance works Details
8Tender for routine, preventive and breakdown maintenance work of various TG auxiliaries installed Details
8Tender for supply, erection & commissioning of 11 kV lines with MVCC conductor & dismantling of existing open conductor Details
8Tender for repair & HP HVOP coating of 01 no runner of 77 MW francis hydro turbine Details
8Tender for lining work by steel ribs and reinforced cement concrete Details
8Tender for construction of 05 no. bunkers Details
8Tender for repair work of power station surge shaft and switchyard Details
8Design, supply, installation, retrofitting, testing and commissioning of 220kV bus bar protection scheme Details
8Tender for procurement of cold end sector plate Details
8Tender for engagement of a third-party agency for conducting protection system Details
8Tender for construction of 33 kV S/S Details
8Tender for supply of TC fuse wire Details
8Tender for erection and laying of 33 kV 300 sqmm cable Details
8Tender for supply of 11kV 45KN porcelain disc insulators Details
8Tender for supply, erection, testing & commissioning of 33/0.4 kV, 800KVA, LT station transformer Details
8Tender for repair, service of defective electronic modules of MAXDNA system, omega modules Details
8Tender for capital/ overhauling maintenance work of unit-II Details
8Tender for supply and complete replacement work of collecting electrodes and emitting electrodes Details
8Tender for supply, installation and commissioning of auto CAD -including specialized tool sets Details
8for supply and delivery of surge arrestors Details
8Design, fabrication, supply, installation, testing and commissioning of total 46 KWP capacities solar power plants Details
8Design, fabrication, supply, installation, testing and commissioning of total 222 KW capacities solar power plants Details
8Tender for interlinking 11kV line Details
8Tender for creation of 1 No 33kV line bay at 132 kV sub station Details
8Tender for desilting with dredger of raw water reservoir Details
8Tender for construction of coal Details
8Tender for housekeeping contract for weighbridge Details
8Tender for contract for repair of BFP cartridge of 500 MW units Details
8Tender for procurement of AI-powered safety Details
8Tender for construction of basic amenities Details
8Tender for work for preventive, schedule and breakdown maintenance work of 132/33kV grid sub-station Details
8Tender for work for carrying out routine monthly patrolling, preventing/breakdown/ shutdown maintenance work of transmission lines Kamdara Details
8Tender for work for carrying out routine monthly patrolling, preventing/breakdown/ shutdown maintenance work of transmission lines Burmu Details
8Tender for work for carrying out routine monthly patrolling, preventing/breakdown/ shutdown maintenance work of transmission lines Lohardaga Details
8Tender for work for annual maintenance of 220/132kV grid sub-station, Lohardaga Details
8Tender for supply of ISI marked 11 kV XLPE UG cable 300sqmm Details
8Tender for supply of ISI marked 33 kV XLPE UG cable 400sqmm Details
8Tender for supply of BIS certified energy efficiency level 3 Details
8Tender for supply of BIS certified energy efficiency level 3 (old)/ level 2 (new), conventional 11/0.433kV, 200 KVA, distribution transformers Details
8Tender for supply of ACSR panther conductor Details
8Tender for supply, erection, testing and commissioning of controlled switching device Details
8Tender for procurement of complete assembly of rotary ash conditioner/rotary drum installed Details
8Tender for extension of 33 kV s/stn Details
8Tender for construction of anti flood wall at 33 kV s/stn Details
8Tender for construction of anti-flood wall and water collection tanks to tackle water logging at 33 kV s/stn. Details
8Tender for extension of switch house Details
8Tender for routine / schedule / preventive / breakdown / overhauling of air compressors Details
8Tender for supply of skirt sealing system for coal handling plant Details
8Tender for miscellaneous civil works Details
8Tender for supply, retrofitting, testing and commissioning of distance protection relay Details
8Tender for standardisation works Details
8Tender for interlinking 11kV feeders Details
8Tender for replacing of wire ropes and overhauling of hoist mechanisms. Details
8Tender for Re-routing puthedu branch of 11kV feeder Details
8Tender for extension of 33kV bay and associated works for power evacuation Details
8Tender for extension and maintenance of control at 33kV substation Details
8Tender for trans grid downstream work bay extension of 110 kV substation Details
8Tender for constructing new 11kV feeder using ABC Details
8Tender for replacement of weasel conductor Details
8Tender for overhauling of 6.6 kV HT motors Details
8Tender for overhauling of boiler pressure parts Details
8Tender for procurement of steel materials and fasteners for pressure and non-pressure parts Details
8Tender for procurement of spares for 10E10 coal mill Details
8Tender for procurement of 600 MT sulphuric acid Details
8Tender for procurement of self-lubricating guide vane bushes Details
8Tender for construction of 33kV line Details
8Tender for annual maintenance work of 33 kV/11 kV /LT lines, 11/0.4 kV sub stations Details
8Tender for temporary work of erection and dismantling 11 kV, LT line, street light Details
8Tender for execution of cable laying work for connecting 33 kV line Details
8Tender for execution work related to installation of MCCB and ACB in the transformers installed Details
8Tender for replacement of ACSR weasel conductor by LT AB cable Details
8Tender for construction of line on new 33 kV AAAC covered conductor at 33/11 kV S/s Details
8Tender for replacement work of 11 kV ACSR conductor by A.A.A.C AL 59, 99 Sq.mm conductor Details
8Tender for replacement work of 11 kV ACSR conductor Details
8Tender for replacement work of 11 kV ACSR conductor by A.A.A.C AL 59, 99 Sq.mm conductor Details
8Tender for supply of 11kV moving contact 200A Details
8Tender for supply of aluminium lug and line connector 120 Sq.mm and 240 Sq.mm Details
8Tender for supply of G.I.stem bolt 12.5mm x 155 mm and G.I.stem bolt Details
8Tender for outsourcing the operation and routine maintenance, break down maintenance of scrapper feeders Details
8Tender for works contract for day to day preventive and breakdown maintenance including emergency breakdowns at night in 400kV, 230kV and 110kV lines Details
8Tender for strengthening of the bunds & segregation of LAD-removal of accumulated ash Details
8Tender for attending breakdown maintenance works in ash slurry line Details
8Tender for supply of TC fuse wire 14 SWG, 16 SWG, 18 SWG and 32 SWG Details
8Tender for work of supply & installation of advance multi cable transit system by passive fire screen for cable entries at various Details
8Tender for work of annual maintenance contract work of attending oil leakages through various joints of EHV power T/Fs & ICTs Details
8Tender for Bi-ARC for work of attending UG cable fault for 66kV class XLPE cable Details
8Tender for repair, maintenance, and installation of plant/ systems/equipments Details
8Tender for shifting of existing capacitor bank Details
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For reference purposes the website carries here the following newsclips:
8Minister calls for coal sector support during global energy challenges Details
8Indian car parts maker Sona Comstar buys clean power from Cleantech Solar Details
8IndiGrid commissions 180 MW Gujarat battery storage project Details
8Ceigall India Wins 50 MW Battery Storage Project In Punjab Under PSPCL Bid Details
8CERC Proposes Faster Real-Time Power Market To Support India’s Renewable Energy Growth Details
8Renewable energy central to India’s industrial competitiveness: Pralhad Joshi Details
8Heatwaves, rooftop solar and data centres force rethink of India’s power sector planning Details
8India's Power Grid Faces Volatility from Heat, DRE, Data Centers Details
8Citi Sees India's Power Demand Rising 5%-6% Annually Amid Energy Buildout Details
8CERC Proposes Capacity Market Framework To Strengthen India’s Power Sector Reliability Details
8Fitch Ratings Projects Up To 5% Growth In India’s Power Demand Details
8Tata Power Explores Nuclear Energy Expansion With State Governments Details
8IAS 2024 Batch Trainees Visit REC Limited to Understand India’s Energy Financing and Power Sector Initiatives Details
8India's $700Bn Power Shift: Heat, Renewables Drive Grid Volatility Details
8Atoms for net-zero: A 100 GW bet on India’s nuclear expansion Details
8iBluu Perspective: India's Renewable Power Giants Are Entering a New Infrastructure War for Grid Control, Storage Dominance, and Industrial Energy Leadership Details
8India's Grid Strain: Heat, Data Centers, Renewables Drive Demand Surge Details
8India’s Renewable Energy Deals Hit $2 Billion as Clean Power Transition Accelerates Details
8MoS Jitendra Singh says SHANTI Act rules to be rolled out in coming weeks, months Details
8India’s nuclear energy ambitions hit execution roadblocks: Report Details
8India’s steel sector is cleaning up, but green standards remain murky Details
8Sensex at 89,000 by June 2027 Morgan Stanley picks 7 stocks to ride India’s next capex cycle Details
8India’s nuclear push faces execution bottleneck despite 100 GW investment interest: Report Details
8India’s Rs 37,500 Crore Coal Gasification Bet Signals A New Energy Security Push Details
8DVC Appoints Saurabh Sharma As Executive Director (HR) Details
You can also click on Newsclips for more Details
Single-bid outcome seals Rs 18,247.58 crore integrated captive coal mining package
May 13:
8A state-sector utility has pushed ahead with a massive integrated coal block operations contract despite attracting only one bidder for the package.
8The structure tightly links mine development with long-term fuel supply accountability, raising fresh questions around risk concentration and competitive depth in utility-led mining tenders. Details
8The structure tightly links mine development with long-term fuel supply accountability, raising fresh questions around risk concentration and competitive depth in utility-led mining tenders. Details
Contracting news for the day
May 13:
8Farakka package signals unusual structural-risk shift under relaxed institutional contracting model
A major Farakka-linked package has quietly diluted several procurement safeguards normally considered standard in PSU contracting frameworks. Beneath the narrow technical scope lies a broader story tied to ageing ash corridor infrastructure and the evolving role of institutional engineering partnerships.
8Rs 112 crore transformer logistics package signals deeper outsourcing shift in Rajasthan distribution operations
A major transformer movement contract in Rajasthan may appear routine operationally, but the package structure points to a much broader shift in field logistics control and outsourced grid-support dependency. A quiet one-week extension has triggered fresh questions around bidder readiness, execution economics and fleet concentration exposure.
8Rs 108 crore AAAC conductor tender sees repeated extensions amid commodity-risk and qualification tensions
A major state utility’s AAAC conductor procurement has evolved into a broader contest over raw-material exposure, qualification control and vendor-risk filtering. Multiple bid extensions alongside revised pre-bid clarifications point to growing friction between supplier-side economics and utility procurement discipline.
8Consultancy tender tightens entry filters under QCBS-led selection structure
A new consultancy package has quietly reworked how project management, DPR preparation and engineering-design accountability may be allocated in future public-sector assignments. The bigger signal lies not in the modest contract value, but in the tighter qualification architecture, regional participation restrictions and unusually long bidder exposure window.
8Consultancy package tightens accountability architecture in public-sector engineering screening
A new education infrastructure consultancy package has quietly introduced a behavioural-risk layer into a procurement structure already carrying extended technical liability exposure. The tender goes beyond drawings and supervision, attempting to lock manpower credibility, dispute history and downstream accountability into a single selection framework.
8Transmission consultancy tender tightens qualification filters under milestone-linked oversight model
A new transmission consultancy package has quietly raised the entry threshold for engineering consultants while strengthening oversight architecture around a strategic AIS-linked project. The compliance-heavy structure and milestone-based supervision model point to a broader shift in how utilities are attempting to control execution risk and consultant accountability.
8GeM consultancy tender tightens qualification filters as procurement focus shifts beyond pure pricing
A new consultancy procurement has quietly redefined how technical credibility may outweigh aggressive pricing in future advisory assignments. The structure narrows bidder access while easing some of the pressure mechanisms commonly associated with digital procurement platforms. Details
A major Farakka-linked package has quietly diluted several procurement safeguards normally considered standard in PSU contracting frameworks. Beneath the narrow technical scope lies a broader story tied to ageing ash corridor infrastructure and the evolving role of institutional engineering partnerships.
8Rs 112 crore transformer logistics package signals deeper outsourcing shift in Rajasthan distribution operations
A major transformer movement contract in Rajasthan may appear routine operationally, but the package structure points to a much broader shift in field logistics control and outsourced grid-support dependency. A quiet one-week extension has triggered fresh questions around bidder readiness, execution economics and fleet concentration exposure.
8Rs 108 crore AAAC conductor tender sees repeated extensions amid commodity-risk and qualification tensions
A major state utility’s AAAC conductor procurement has evolved into a broader contest over raw-material exposure, qualification control and vendor-risk filtering. Multiple bid extensions alongside revised pre-bid clarifications point to growing friction between supplier-side economics and utility procurement discipline.
8Consultancy tender tightens entry filters under QCBS-led selection structure
A new consultancy package has quietly reworked how project management, DPR preparation and engineering-design accountability may be allocated in future public-sector assignments. The bigger signal lies not in the modest contract value, but in the tighter qualification architecture, regional participation restrictions and unusually long bidder exposure window.
8Consultancy package tightens accountability architecture in public-sector engineering screening
A new education infrastructure consultancy package has quietly introduced a behavioural-risk layer into a procurement structure already carrying extended technical liability exposure. The tender goes beyond drawings and supervision, attempting to lock manpower credibility, dispute history and downstream accountability into a single selection framework.
8Transmission consultancy tender tightens qualification filters under milestone-linked oversight model
A new transmission consultancy package has quietly raised the entry threshold for engineering consultants while strengthening oversight architecture around a strategic AIS-linked project. The compliance-heavy structure and milestone-based supervision model point to a broader shift in how utilities are attempting to control execution risk and consultant accountability.
8GeM consultancy tender tightens qualification filters as procurement focus shifts beyond pure pricing
A new consultancy procurement has quietly redefined how technical credibility may outweigh aggressive pricing in future advisory assignments. The structure narrows bidder access while easing some of the pressure mechanisms commonly associated with digital procurement platforms. Details
Daily forward looking import matrices
May 13:
It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
Click on Reports for more. Details
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
Click on Reports for more. Details
NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES
May 13:
COAL PRODUCTION & OFFTAKE
8CSPGCL Hasdeo Thermal Station reports Rs. 74.83 crore net coal cost for February 2026 on 0.404 MMT supply
Chhattisgarh State Power Generation Company Limited's (CSPGCL) Hasdeo Thermal Power Station submitted Fuel Cost Adjustment (FCA) data for February 2026, reporting a net coal cost of Rs. 74.83 crore on a supply of 0.404941637 MMT from the coal company. After accounting for a debit note of Rs. 8.60 crore and normative transit losses of 0.20%, net coal supplied stood at 0.404131754 MMT. The FCA filing is part of CSPGCL's regulatory cost pass-through mechanism to recover actual fuel costs from the state distribution company.
8DVC achieves record 6 MMT coal excavation from Tubed captive mine; secures 53 MMT fresh mine capacity
Damodar Valley Corporation (DVC) achieved a record coal excavation of 6 MMT from its captive mine at Tubed, Latehar, Jharkhand in FY 2025-26. The corporation also secured new coal mines with cumulative capacity of 53 MMT, including Mahuagarhi and Mandakini-B. Total power generation for the year stood at 40,103 MU comprising 39,719 MU thermal, 351 MU hydel and a record 33.3 MU solar. The captive mining ramp-up significantly de-risks DVC's coal supply chain ahead of expanded thermal dispatch in the eastern grid.
8GUVNL issues Q4 FY26 FPPAS circular to all Gujarat DISCOMs; provisional power purchase cost data shared
Gujarat Urja Vikas Nigam Limited (GUVNL) issued a circular to managing directors of all four Gujarat DISCOMs - MGVCL, DGVCL, PGVCL and UGVCL - sharing the Q4 (January-March) FY 2025-26 fuel and power purchase cost adjustment statement (FPPAS). The provisional quarterly data covers approved MUs, actual sales, power purchase costs and DISCOM-wise financial performance, including actual variable charges. The FPPAS mechanism enables Gujarat's utilities to periodically adjust retail tariffs in line with actual procurement costs, a key pass-through driver.
GAS & LNG
8Coal fleet at 80% utilisation, gas sputters at 29%: CEA's May 11 data reveals fuel paradox
Central Electricity Authority's Sub-Report 16 for May 11, 2026 showed India's 221,897 MW coal fleet operating at 80.14% of monitored capacity - with a max output of 195,416 MW net - while gas-based capacity of 20,122 MW achieved only 29.08% utilisation amid fuel shortages. Lignite plants ran at 61.86% efficiency and nuclear units operated at 79.28% of monitored capacity. Total thermal capacity utilisation stood at 75.38%, underscoring India's coal dependency even as renewable additions climb across the grid landscape. Details
8CSPGCL Hasdeo Thermal Station reports Rs. 74.83 crore net coal cost for February 2026 on 0.404 MMT supply
Chhattisgarh State Power Generation Company Limited's (CSPGCL) Hasdeo Thermal Power Station submitted Fuel Cost Adjustment (FCA) data for February 2026, reporting a net coal cost of Rs. 74.83 crore on a supply of 0.404941637 MMT from the coal company. After accounting for a debit note of Rs. 8.60 crore and normative transit losses of 0.20%, net coal supplied stood at 0.404131754 MMT. The FCA filing is part of CSPGCL's regulatory cost pass-through mechanism to recover actual fuel costs from the state distribution company.
8DVC achieves record 6 MMT coal excavation from Tubed captive mine; secures 53 MMT fresh mine capacity
Damodar Valley Corporation (DVC) achieved a record coal excavation of 6 MMT from its captive mine at Tubed, Latehar, Jharkhand in FY 2025-26. The corporation also secured new coal mines with cumulative capacity of 53 MMT, including Mahuagarhi and Mandakini-B. Total power generation for the year stood at 40,103 MU comprising 39,719 MU thermal, 351 MU hydel and a record 33.3 MU solar. The captive mining ramp-up significantly de-risks DVC's coal supply chain ahead of expanded thermal dispatch in the eastern grid.
8GUVNL issues Q4 FY26 FPPAS circular to all Gujarat DISCOMs; provisional power purchase cost data shared
Gujarat Urja Vikas Nigam Limited (GUVNL) issued a circular to managing directors of all four Gujarat DISCOMs - MGVCL, DGVCL, PGVCL and UGVCL - sharing the Q4 (January-March) FY 2025-26 fuel and power purchase cost adjustment statement (FPPAS). The provisional quarterly data covers approved MUs, actual sales, power purchase costs and DISCOM-wise financial performance, including actual variable charges. The FPPAS mechanism enables Gujarat's utilities to periodically adjust retail tariffs in line with actual procurement costs, a key pass-through driver.
GAS & LNG
8Coal fleet at 80% utilisation, gas sputters at 29%: CEA's May 11 data reveals fuel paradox
Central Electricity Authority's Sub-Report 16 for May 11, 2026 showed India's 221,897 MW coal fleet operating at 80.14% of monitored capacity - with a max output of 195,416 MW net - while gas-based capacity of 20,122 MW achieved only 29.08% utilisation amid fuel shortages. Lignite plants ran at 61.86% efficiency and nuclear units operated at 79.28% of monitored capacity. Total thermal capacity utilisation stood at 75.38%, underscoring India's coal dependency even as renewable additions climb across the grid landscape. Details
NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY
May 13:
PEAK DEMAND & GRID FREQUENCY
8India meets 2,34,506 MW peak demand on May 12; Northern Region faces 760 MW shortage
Grid Controller of India's NLDC report for May 12, 2026 revealed all-India evening peak demand was met at 2,34,506 MW, with maximum demand during the day hitting 2,47,881 MW at 15:37 hrs. The Northern Region bore 760 MW of the total 1,185 MW peak shortfall, while the Western Region saw a 425 MW deficit. Total energy shortfall stood at 10.29 MU. Renewable generation contributed 677 MU solar (including 251.94 MU in NR), 212 MU wind and 495 MU hydro across all regions.
8India's solar and wind together cross 87,312 MW, meeting 38% of peak demand on May 11
Grid Controller of India's NLDC-REMC daily report for May 11, 2026 showed combined Variable Renewable Energy (wind plus solar) peaking at 87,312 MW at 11:56 hrs, contributing 38.09% of all-India demand met. Solar generation alone reached 81,572 MW at 11:56 hrs, while wind touched 11,159 MW during non-solar hours at 22:48 hrs. All-time highest VRE generation remains 90,189 MW set on April 27, 2026. The Northern Region led solar output with 25,860 MW, while the Western Region topped wind at 5,435 MW.
8Southern grid stays rock-solid: 81% of May 12 within IEGC band, FDI at near-perfect 0.031
The Southern Region's frequency performance on May 12, 2026 was near-ideal, with the Frequency Deviation Index (FDI) holding at just 0.031 and average frequency at 49.999 Hz - virtually indistinguishable from the 50 Hz target. The grid spent 81.04% of the day in the 49.9-50.05 Hz IEGC band, with 53.02% of time in the tighter 50-50.1 Hz range. Maximum instantaneous frequency touched 50.187 Hz at 18:03 hrs while the minimum dipped to 49.734 Hz at 22:09 hrs.
8National grid frequency stays in IEGC band 81% of May 12; FDI at near-perfect 0.031 says NLDC
Grid Controller of India's NLDC frequency profile for May 12, 2026 confirmed a high-quality grid operation day with the Frequency Deviation Index (FDI) at 0.031. The all-India grid maintained frequency within the 49.9-50.05 Hz IEGC band for 81.04% of the day (1,167 minutes), with time in the tighter 49.97-50.03 Hz band at 44.20% (636.5 minutes). Frequency breached 50.05 Hz for 12.41% of the time but never exceeded 50.2 Hz, with no instance of frequency falling below 49.7 Hz - testament to robust real-time balancing.
8Southern Region meets 56,597 MW peak demand with zero shortage; Tamil Nadu tops at 18,839 MW
The Southern Region recorded a flawless power supply day on May 12, 2026, meeting evening peak demand of 56,597 MW with zero shortfall at 50.03 Hz. Total day energy met stood at 1,368.96 MU against requirement of 1,368.96 MU - a near-perfect balance. Tamil Nadu led with a peak of 18,839 MW (day high 19,436 MW at 18:50 hrs), followed by Karnataka at 13,010 MW and Andhra Pradesh at 10,033 MW. Regional maximum demand hit 66,316 MW at 15:30 hrs. Kerala recorded a brief 38 MW shortage during peak.
REGIONAL ENERGY ACCOUNT
8WRPC puts Rs. 37.52 crore net receivable on the table as SCUC offsets heavy TRAS shortfall payouts
Western Regional Power Committee's 27 April-3 May 2026 ancillary settlement showed TRAS shortfall charges of Rs. 18.72 crore payable to the pool, emergency charges of Rs. 6.65 crore payable, and SCUC support of Rs. 62.96 crore receivable, leaving generators with a consolidated Rs. 37.52 crore net receivable. The settlement underlines how Security Constrained Unit Commitment payouts dominate the ancillary services framework for western generators, offsetting the cost of shortfall and emergency reserve activations during the billing week.
8SRPC ancillary settlement leaves southern providers with Rs. 13.41 crore payable to the pool
Southern Regional Power Committee's ancillary services account for 27 April-3 May 2026 recorded Rs. 12.55 crore payable under SRAS, Rs. 37.29 crore payable under shortfall TRAS, Rs. 3.06 crore payable under emergency TRAS, offset by Rs. 22.93 crore receivable under SCUC - producing a final Rs. 13.41 crore payable. The net outflow reflects southern providers carrying ancillary obligations in a week of mixed grid balancing requirements, with shortfall TRAS the heaviest cost component for the seven-day settlement window.
8Karnataka and Kerala drive SRPC DSM payable pressure; Telangana turns Rs. 8.83 crore receivable
Southern Regional Power Committee's DSM settlement for 27 April-3 May 2026 showed mixed deviation outcomes, with Karnataka payable at Rs. 1.75 crore, Kerala payable at Rs. 3.46 crore, Tamil Nadu payable at Rs. 1.96 crore, while Telangana posted Rs. 8.83 crore receivable and Andhra Pradesh recorded Rs. 87.71 lakh receivable. The numbers reveal asymmetric deviation discipline across southern states, with Telangana benefiting from over-injection and Kerala bearing the steepest under-drawal cost in the regional grid settlement framework.
8Sasan and Gadarwara lift WRPC reactive pool as western entities post Rs. 6.86 crore net receivable
WRPC's reactive energy account for 27 April-3 May 2026 showed a Rs. 6.86 crore net receivable across western regional entities, led by major generator-side inflows including Sasan at Rs. 4.24 crore and Gadarwara at Rs. 51.50 lakh. The settlement underscores the role of large thermal generators in supplying reactive power to maintain Western grid voltage discipline, with their compensation forming the bulk of the regional reactive pool credit for the seven-day billing period under the CERC reactive energy framework.
8SRPC reactive account closes Rs. 2.13 crore receivable as Andhra and Karnataka lead pool inflows
Southern Regional Power Committee's reactive energy statement for 27 April-3 May 2026 reported Rs. 2.38 crore receivable, Rs. 24.81 lakh payable and a final Rs. 2.13 crore net receivable, led by Andhra Pradesh at Rs. 59.54 lakh receivable and Karnataka at Rs. 27.35 lakh receivable. The numbers reflect strong reactive power injection performance by southern state utilities under the CERC framework, with the net pool credit reinforcing the role of distributed VAR support in stabilising the Southern grid voltage profile during the week.
OCC MEETINGS & OUTAGE PLANNING
8NRPC's 243rd OCC agenda flags summer 2026 grid risks as northern demand outlook touches 98.6 GW
Northern Regional Power Committee's agenda for the 15 May 2026 OCC meeting projected June 2026 northern region demand at 54,823 MU and 98,600 MW peak, while raising red flags on Punjab's 1,806 MU energy deficit, Champa-Kurukshetra HVDC trippings, Rajasthan RE evacuation, coal stocks and Kumbh Mela 2027 reliability planning. The agenda underscores the operational complexity facing NRPC as the region prepares for record summer demand alongside multiple structural grid stress points across thermal, transmission and renewable evacuation infrastructure.
8ERLDC flags Eastern Region under 7,584 MW generation outage; NTPC's North Karanpura among forced shutdowns
Eastern Region's generation outage tally on May 12, 2026 hit 7,584.65 MW, comprising 3,775 MW from Central Sector forced outages and 3,590 MW from State Sector forced outages, with 219.65 MW in planned maintenance. NTPC's North Karanpura (660 MW, boiler tube leakage since May 9), Nabinagar NTPC Stage 2 (660 MW, since May 11) and KBUNL (195 MW, since May 12) are under forced outage. All six NHPC Teesta HPS units and three Teesta Stage III units totalling 1,940 MW remain out since the October 2023 Sikkim floods.
8Western Region peaks at 74,624 MW with 425 MW shortage; Maharashtra leads at 705.9 MU
WRLDC's daily operation report for May 12, 2026 showed the Western Region meeting an evening peak of 74,624 MW against a requirement of 75,049 MW - recording a 425 MW shortfall at 50.11 Hz. Day energy met stood at 1,788.6 MU with a residual shortage of 2.84 MU. Maharashtra dominated regional generation with 476.5 MU net total, while Gujarat contributed 337.9 MU including 85.7 MU solar and 51.4 MU wind. Chhattisgarh produced 57 MU and Madhya Pradesh 119.4 MU. Off-peak demand met at 03:00 hrs was 72,017 MW with zero shortfall.
8Northern Region faces 760 MW evening peak shortage; UP draws 24,566 MW, Rajasthan peaks at 15,073 MW
NRLDC's daily operation report for May 12, 2026 recorded an evening peak demand of 71,601 MW against a requirement of 72,361 MW - a shortfall of 760 MW at 50.02 Hz. Energy shortage for the day was 6.11 MU. Uttar Pradesh led with a peak demand of 24,566 MW, while Rajasthan hit a seasonal peak of 15,073 MW at 22:00 hrs with no shortfall. Haryana peaked at 10,736 MW at 15:00 hrs and Punjab at 10,342 MW at 10:00 hrs - both zero shortage states. Delhi managed demand at 5,964 MW.
8Maharashtra breaches ATC limit 25 times on May 12 totalling 6.2 hours; other western states stay clean
WRLDC's daily system reliability indices report for May 12, 2026 revealed that Maharashtra violated Available Transfer Capability (ATC) limits in 25 time-blocks totalling 6.2 hours - a 26.0% violation rate - making it the sole state with breaches in the Western Region. Gujarat, Madhya Pradesh and Chhattisgarh all recorded zero ATC violations. Maharashtra's repeated breaches likely reflect its high evening demand load and the 425 MW regional shortfall on this day, providing WRLDC actionable inputs for real-time corrective action.
8Delhi OCC April 2026 meeting reviews FY27 grid coordination with DTL, SLDC, TPDDL, BRPL, BYPL, IPGCL
Delhi Transco Limited (DTL) convened the 1st Delhi Operation Coordination Committee (OCC) meeting of FY 2026-27 on April 23, 2026 at DTL's 220 kV Sub-Station Park Street Building, with representation from SLDC, TPDDL, BRPL, BYPL, NDMC, IPGCL, PPCL, DMRC, BBMB and MES. The meeting agenda included confirmation of the 12th OCC minutes from March 24, 2026 and FY26-27 operational coordination items. DTL's General Manager (O&M)-I chaired the session - the apex body for Delhi's grid synchronisation and load management.
TRANSMISSION LINE ENERGIZATION
8400 kV TANTRANSCO line trips for 23 minutes; Southern grid quickly restored on May 12
The Southern Regional Load Despatch Centre (SRLDC) reported two forced transmission outages on May 12, 2026. A critical 400 kV AC line - NCTPS Stage II to Manali-1 - operated by TANTRANSCO tripped at 01:42 hrs due to a cooling fan cubicle trip, and was restored in just 23 minutes by 02:05 hrs. A second 220 kV line (GADAG PSS-VENA GADAGPS-1) under VENA went out at 10:32 hrs; control supply failure during maintenance work caused the disruption, which lasted 65 minutes before restoration at 11:37 hrs.
8400 kV Ramagundam-Telangana STPP lines remain out since March 2023 in SRLDC outage register
SRLDC's planned transmission outage report for May 12, 2026 revealed that two critical 400 kV POWERGRID lines - Ramagundam to Telangana STPP circuits 1 and 2 - have been out since March 24, 2023, pending idle charge after Final Testing and Commissioning. More than 30 planned outages are currently active in the Southern Region across 400 kV and 220 kV infrastructure, involving POWERGRID, TANTRANSCO and state utilities. Several outages pertain to bus reactors and ICTs at key substations across Andhra Pradesh, Telangana, Tamil Nadu and Karnataka.
8POWERGRID's 400 kV Wardha-Warora line stays out since 2018 for ferroresonance; WRLDC tracks 30+ legacy outages
WRLDC's transmission outage report for May 12, 2026 highlighted over 30 planned outages - many with start dates stretching back to 2018 and 2021. POWERGRID's 400 kV Wardha-Warora line has been out since May 4, 2018 due to ferroresonance issues identified after LILO work at Warora PS - now one of the longest-standing outages on the national grid. Multiple bus sectionalizer bays at 400 kV and 765 kV Champa and Dharamjaygarh substations have been open since 2022 for fault level control under POWERGRID. Details
8India meets 2,34,506 MW peak demand on May 12; Northern Region faces 760 MW shortage
Grid Controller of India's NLDC report for May 12, 2026 revealed all-India evening peak demand was met at 2,34,506 MW, with maximum demand during the day hitting 2,47,881 MW at 15:37 hrs. The Northern Region bore 760 MW of the total 1,185 MW peak shortfall, while the Western Region saw a 425 MW deficit. Total energy shortfall stood at 10.29 MU. Renewable generation contributed 677 MU solar (including 251.94 MU in NR), 212 MU wind and 495 MU hydro across all regions.
8India's solar and wind together cross 87,312 MW, meeting 38% of peak demand on May 11
Grid Controller of India's NLDC-REMC daily report for May 11, 2026 showed combined Variable Renewable Energy (wind plus solar) peaking at 87,312 MW at 11:56 hrs, contributing 38.09% of all-India demand met. Solar generation alone reached 81,572 MW at 11:56 hrs, while wind touched 11,159 MW during non-solar hours at 22:48 hrs. All-time highest VRE generation remains 90,189 MW set on April 27, 2026. The Northern Region led solar output with 25,860 MW, while the Western Region topped wind at 5,435 MW.
8Southern grid stays rock-solid: 81% of May 12 within IEGC band, FDI at near-perfect 0.031
The Southern Region's frequency performance on May 12, 2026 was near-ideal, with the Frequency Deviation Index (FDI) holding at just 0.031 and average frequency at 49.999 Hz - virtually indistinguishable from the 50 Hz target. The grid spent 81.04% of the day in the 49.9-50.05 Hz IEGC band, with 53.02% of time in the tighter 50-50.1 Hz range. Maximum instantaneous frequency touched 50.187 Hz at 18:03 hrs while the minimum dipped to 49.734 Hz at 22:09 hrs.
8National grid frequency stays in IEGC band 81% of May 12; FDI at near-perfect 0.031 says NLDC
Grid Controller of India's NLDC frequency profile for May 12, 2026 confirmed a high-quality grid operation day with the Frequency Deviation Index (FDI) at 0.031. The all-India grid maintained frequency within the 49.9-50.05 Hz IEGC band for 81.04% of the day (1,167 minutes), with time in the tighter 49.97-50.03 Hz band at 44.20% (636.5 minutes). Frequency breached 50.05 Hz for 12.41% of the time but never exceeded 50.2 Hz, with no instance of frequency falling below 49.7 Hz - testament to robust real-time balancing.
8Southern Region meets 56,597 MW peak demand with zero shortage; Tamil Nadu tops at 18,839 MW
The Southern Region recorded a flawless power supply day on May 12, 2026, meeting evening peak demand of 56,597 MW with zero shortfall at 50.03 Hz. Total day energy met stood at 1,368.96 MU against requirement of 1,368.96 MU - a near-perfect balance. Tamil Nadu led with a peak of 18,839 MW (day high 19,436 MW at 18:50 hrs), followed by Karnataka at 13,010 MW and Andhra Pradesh at 10,033 MW. Regional maximum demand hit 66,316 MW at 15:30 hrs. Kerala recorded a brief 38 MW shortage during peak.
REGIONAL ENERGY ACCOUNT
8WRPC puts Rs. 37.52 crore net receivable on the table as SCUC offsets heavy TRAS shortfall payouts
Western Regional Power Committee's 27 April-3 May 2026 ancillary settlement showed TRAS shortfall charges of Rs. 18.72 crore payable to the pool, emergency charges of Rs. 6.65 crore payable, and SCUC support of Rs. 62.96 crore receivable, leaving generators with a consolidated Rs. 37.52 crore net receivable. The settlement underlines how Security Constrained Unit Commitment payouts dominate the ancillary services framework for western generators, offsetting the cost of shortfall and emergency reserve activations during the billing week.
8SRPC ancillary settlement leaves southern providers with Rs. 13.41 crore payable to the pool
Southern Regional Power Committee's ancillary services account for 27 April-3 May 2026 recorded Rs. 12.55 crore payable under SRAS, Rs. 37.29 crore payable under shortfall TRAS, Rs. 3.06 crore payable under emergency TRAS, offset by Rs. 22.93 crore receivable under SCUC - producing a final Rs. 13.41 crore payable. The net outflow reflects southern providers carrying ancillary obligations in a week of mixed grid balancing requirements, with shortfall TRAS the heaviest cost component for the seven-day settlement window.
8Karnataka and Kerala drive SRPC DSM payable pressure; Telangana turns Rs. 8.83 crore receivable
Southern Regional Power Committee's DSM settlement for 27 April-3 May 2026 showed mixed deviation outcomes, with Karnataka payable at Rs. 1.75 crore, Kerala payable at Rs. 3.46 crore, Tamil Nadu payable at Rs. 1.96 crore, while Telangana posted Rs. 8.83 crore receivable and Andhra Pradesh recorded Rs. 87.71 lakh receivable. The numbers reveal asymmetric deviation discipline across southern states, with Telangana benefiting from over-injection and Kerala bearing the steepest under-drawal cost in the regional grid settlement framework.
8Sasan and Gadarwara lift WRPC reactive pool as western entities post Rs. 6.86 crore net receivable
WRPC's reactive energy account for 27 April-3 May 2026 showed a Rs. 6.86 crore net receivable across western regional entities, led by major generator-side inflows including Sasan at Rs. 4.24 crore and Gadarwara at Rs. 51.50 lakh. The settlement underscores the role of large thermal generators in supplying reactive power to maintain Western grid voltage discipline, with their compensation forming the bulk of the regional reactive pool credit for the seven-day billing period under the CERC reactive energy framework.
8SRPC reactive account closes Rs. 2.13 crore receivable as Andhra and Karnataka lead pool inflows
Southern Regional Power Committee's reactive energy statement for 27 April-3 May 2026 reported Rs. 2.38 crore receivable, Rs. 24.81 lakh payable and a final Rs. 2.13 crore net receivable, led by Andhra Pradesh at Rs. 59.54 lakh receivable and Karnataka at Rs. 27.35 lakh receivable. The numbers reflect strong reactive power injection performance by southern state utilities under the CERC framework, with the net pool credit reinforcing the role of distributed VAR support in stabilising the Southern grid voltage profile during the week.
OCC MEETINGS & OUTAGE PLANNING
8NRPC's 243rd OCC agenda flags summer 2026 grid risks as northern demand outlook touches 98.6 GW
Northern Regional Power Committee's agenda for the 15 May 2026 OCC meeting projected June 2026 northern region demand at 54,823 MU and 98,600 MW peak, while raising red flags on Punjab's 1,806 MU energy deficit, Champa-Kurukshetra HVDC trippings, Rajasthan RE evacuation, coal stocks and Kumbh Mela 2027 reliability planning. The agenda underscores the operational complexity facing NRPC as the region prepares for record summer demand alongside multiple structural grid stress points across thermal, transmission and renewable evacuation infrastructure.
8ERLDC flags Eastern Region under 7,584 MW generation outage; NTPC's North Karanpura among forced shutdowns
Eastern Region's generation outage tally on May 12, 2026 hit 7,584.65 MW, comprising 3,775 MW from Central Sector forced outages and 3,590 MW from State Sector forced outages, with 219.65 MW in planned maintenance. NTPC's North Karanpura (660 MW, boiler tube leakage since May 9), Nabinagar NTPC Stage 2 (660 MW, since May 11) and KBUNL (195 MW, since May 12) are under forced outage. All six NHPC Teesta HPS units and three Teesta Stage III units totalling 1,940 MW remain out since the October 2023 Sikkim floods.
8Western Region peaks at 74,624 MW with 425 MW shortage; Maharashtra leads at 705.9 MU
WRLDC's daily operation report for May 12, 2026 showed the Western Region meeting an evening peak of 74,624 MW against a requirement of 75,049 MW - recording a 425 MW shortfall at 50.11 Hz. Day energy met stood at 1,788.6 MU with a residual shortage of 2.84 MU. Maharashtra dominated regional generation with 476.5 MU net total, while Gujarat contributed 337.9 MU including 85.7 MU solar and 51.4 MU wind. Chhattisgarh produced 57 MU and Madhya Pradesh 119.4 MU. Off-peak demand met at 03:00 hrs was 72,017 MW with zero shortfall.
8Northern Region faces 760 MW evening peak shortage; UP draws 24,566 MW, Rajasthan peaks at 15,073 MW
NRLDC's daily operation report for May 12, 2026 recorded an evening peak demand of 71,601 MW against a requirement of 72,361 MW - a shortfall of 760 MW at 50.02 Hz. Energy shortage for the day was 6.11 MU. Uttar Pradesh led with a peak demand of 24,566 MW, while Rajasthan hit a seasonal peak of 15,073 MW at 22:00 hrs with no shortfall. Haryana peaked at 10,736 MW at 15:00 hrs and Punjab at 10,342 MW at 10:00 hrs - both zero shortage states. Delhi managed demand at 5,964 MW.
8Maharashtra breaches ATC limit 25 times on May 12 totalling 6.2 hours; other western states stay clean
WRLDC's daily system reliability indices report for May 12, 2026 revealed that Maharashtra violated Available Transfer Capability (ATC) limits in 25 time-blocks totalling 6.2 hours - a 26.0% violation rate - making it the sole state with breaches in the Western Region. Gujarat, Madhya Pradesh and Chhattisgarh all recorded zero ATC violations. Maharashtra's repeated breaches likely reflect its high evening demand load and the 425 MW regional shortfall on this day, providing WRLDC actionable inputs for real-time corrective action.
8Delhi OCC April 2026 meeting reviews FY27 grid coordination with DTL, SLDC, TPDDL, BRPL, BYPL, IPGCL
Delhi Transco Limited (DTL) convened the 1st Delhi Operation Coordination Committee (OCC) meeting of FY 2026-27 on April 23, 2026 at DTL's 220 kV Sub-Station Park Street Building, with representation from SLDC, TPDDL, BRPL, BYPL, NDMC, IPGCL, PPCL, DMRC, BBMB and MES. The meeting agenda included confirmation of the 12th OCC minutes from March 24, 2026 and FY26-27 operational coordination items. DTL's General Manager (O&M)-I chaired the session - the apex body for Delhi's grid synchronisation and load management.
TRANSMISSION LINE ENERGIZATION
8400 kV TANTRANSCO line trips for 23 minutes; Southern grid quickly restored on May 12
The Southern Regional Load Despatch Centre (SRLDC) reported two forced transmission outages on May 12, 2026. A critical 400 kV AC line - NCTPS Stage II to Manali-1 - operated by TANTRANSCO tripped at 01:42 hrs due to a cooling fan cubicle trip, and was restored in just 23 minutes by 02:05 hrs. A second 220 kV line (GADAG PSS-VENA GADAGPS-1) under VENA went out at 10:32 hrs; control supply failure during maintenance work caused the disruption, which lasted 65 minutes before restoration at 11:37 hrs.
8400 kV Ramagundam-Telangana STPP lines remain out since March 2023 in SRLDC outage register
SRLDC's planned transmission outage report for May 12, 2026 revealed that two critical 400 kV POWERGRID lines - Ramagundam to Telangana STPP circuits 1 and 2 - have been out since March 24, 2023, pending idle charge after Final Testing and Commissioning. More than 30 planned outages are currently active in the Southern Region across 400 kV and 220 kV infrastructure, involving POWERGRID, TANTRANSCO and state utilities. Several outages pertain to bus reactors and ICTs at key substations across Andhra Pradesh, Telangana, Tamil Nadu and Karnataka.
8POWERGRID's 400 kV Wardha-Warora line stays out since 2018 for ferroresonance; WRLDC tracks 30+ legacy outages
WRLDC's transmission outage report for May 12, 2026 highlighted over 30 planned outages - many with start dates stretching back to 2018 and 2021. POWERGRID's 400 kV Wardha-Warora line has been out since May 4, 2018 due to ferroresonance issues identified after LILO work at Warora PS - now one of the longest-standing outages on the national grid. Multiple bus sectionalizer bays at 400 kV and 765 kV Champa and Dharamjaygarh substations have been open since 2022 for fault level control under POWERGRID. Details
NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS
May 13:
MNRE & BEE
8BEE and TERI invite applications for ECSBC Master Trainer Programme by May 30, 2026
The Bureau of Energy Efficiency (BEE), a statutory body under the Ministry of Power, in association with The Energy and Resources Institute (TERI), invited applications for the Energy Conservation and Sustainable Building Code (ECSBC) Master Trainer Programme. Issued on April 16, 2026, the programme seeks to build a nationwide cadre of certified ECSBC trainers. Applications must reach BEE/TERI by May 30, 2026, positioning this as a key capacity-building initiative under India's building energy efficiency agenda under the Energy Conservation Act framework.
8NISE extends Senior Project Scientist application deadline to May 18, 2026
The National Institute of Solar Energy (NISE), an autonomous institution under the Ministry of New and Renewable Energy, issued a corrigendum extending the last date for email submission of applications for Senior Project Scientist on short-term contract at its Gwal-Pahari campus in Gurugram to May 18, 2026 up to 17:30 hrs. The extension provides additional time for qualified candidates to apply for this research position under Advertisement No. A-12024/2/2026-Admin dated May 8, 2026, supporting MNRE's solar R&D ecosystem.
MINISTRY OF POWER
8PM E-DRIVE: Rs. 503.86 crore approved for 4,874 EV chargers; Karnataka gets 1,243 chargers worth Rs. 123.26 crore
Union Minister H.D. Kumaraswamy announced at the National Conference on EV Charging Infrastructure in Bengaluru that Rs. 503.86 crore has been cumulatively approved for installation of 4,874 EV chargers across India under the PM E-DRIVE Scheme. Karnataka received the day's landmark approval: 1,243 EV chargers with a financial outlay of Rs. 123.26 crore. Approved proposals cover major CPSEs - HPCL, IOCL and BPCL - and states including Rajasthan, Andhra Pradesh, Uttar Pradesh, Gujarat, Kerala, Telangana and Tamil Nadu.
CEA & GRID STANDARDS
8EV charging stations consumed 129.66 MU in December 2025; Delhi leads Apr-Dec tally at 321.99 MU
Central Electricity Authority's Monthly Power Consumption Report for EV Public Charging Stations showed December 2025 consumption reaching 129.66 MU, up from 106.46 MU in April 2025 -
a 21.8% growth in nine months. Cumulatively from April to December 2025, total EV charging electricity stood at 1,102.59 MU. Delhi topped the nine-month tally at 321.99 MU (29.2% share), followed by Maharashtra at 268.90 MU (24.4%), Karnataka at 156.76 MU (14.2%) and Telangana at 76.57 MU (6.9%), highlighting EV infrastructure concentration.
8CEA flags 56,107 MW under maintenance; 18% of capacity offline as grid runs on 253,816 MW on May 11
Central Electricity Authority's Capacity Availability Report for May 11, 2026 revealed 56,107.10 MW - 18.1% of India's total 309,923.79 MW monitored capacity - was under maintenance, with 41,579.81 MW on forced outage and 9,891.99 MW under other constraints. The Western Region contributed the largest capacity pool with 88,030.30 MW online, while the Northern Region had the heaviest maintenance load at 17,039.91 MW offline. The data underscores the strain on India's generation fleet entering peak summer demand season.
8CEA tracks 190 coal stations with 53,529 KT stock; Rajasthan's Chhabra-II at just 51% of normative
Central Electricity Authority's Daily Coal Stock Report dated May 11, 2026 showed 190 plants collectively holding 53,529.2 thousand tonnes of coal - about 71% of the normative requirement of 74,987.1 thousand tonnes. Among troubled stations, Rajasthan's Chhabra-II TPP (1,320 MW) was critically low at just 51% of normative stock. HPGCL plants in Haryana maintained a combined stock of 1,402.7 thousand tonnes (143% normative), while PSPCL stations in Punjab held 1,014.8 thousand tonnes at 132% normative.
8RVUNL submits Suratgarh April environment report; Unit-IV SO2 peaks at 1,297 mg/Nm3 vs 600 mg norm
RVUNL's Suratgarh Super Thermal Power Station submitted its April 2026 environment status report to the Central Electricity Authority, covering stack monitoring, trade effluent discharge, specific water consumption and ambient air quality. The 6x250 MW station reported Unit-IV SO2 average of 1,141 mg/Nm3 and maximum of 1,297 mg/Nm3 against the 600 mg/Nm3 norm, while Unit-I recorded PM average of 352 mg/Nm3 and maximum of 468 mg/Nm3 against the 100 mg/Nm3 norm. The filing highlights continued regulatory monitoring of Rajasthan's coal fleet.
8RVUNL Kota STPS Unit-1 PM peaks at 895.7 mg/Nm3 against 100 mg/Nm3 norm in April environment data
Rajasthan Rajya Vidyut Utpadan Nigam Limited submitted April 2026 monthly environment data for Kota Super Thermal Power Station to the Central Electricity Authority's Clean Energy and Energy Transition Division. In the stack emission sheet, Kota STPS Unit-1 with 110 MW installed capacity reported average particulate matter of 641.26 mg/Nm3 and a maximum of 895.7 mg/Nm3 against the listed 100 mg/Nm3 norm, while Unit-2 reported PM average of 285.95 mg/Nm3 and maximum of 393.5 mg/Nm3 - flagging continued emissions stress at the legacy thermal station. Details
8BEE and TERI invite applications for ECSBC Master Trainer Programme by May 30, 2026
The Bureau of Energy Efficiency (BEE), a statutory body under the Ministry of Power, in association with The Energy and Resources Institute (TERI), invited applications for the Energy Conservation and Sustainable Building Code (ECSBC) Master Trainer Programme. Issued on April 16, 2026, the programme seeks to build a nationwide cadre of certified ECSBC trainers. Applications must reach BEE/TERI by May 30, 2026, positioning this as a key capacity-building initiative under India's building energy efficiency agenda under the Energy Conservation Act framework.
8NISE extends Senior Project Scientist application deadline to May 18, 2026
The National Institute of Solar Energy (NISE), an autonomous institution under the Ministry of New and Renewable Energy, issued a corrigendum extending the last date for email submission of applications for Senior Project Scientist on short-term contract at its Gwal-Pahari campus in Gurugram to May 18, 2026 up to 17:30 hrs. The extension provides additional time for qualified candidates to apply for this research position under Advertisement No. A-12024/2/2026-Admin dated May 8, 2026, supporting MNRE's solar R&D ecosystem.
MINISTRY OF POWER
8PM E-DRIVE: Rs. 503.86 crore approved for 4,874 EV chargers; Karnataka gets 1,243 chargers worth Rs. 123.26 crore
Union Minister H.D. Kumaraswamy announced at the National Conference on EV Charging Infrastructure in Bengaluru that Rs. 503.86 crore has been cumulatively approved for installation of 4,874 EV chargers across India under the PM E-DRIVE Scheme. Karnataka received the day's landmark approval: 1,243 EV chargers with a financial outlay of Rs. 123.26 crore. Approved proposals cover major CPSEs - HPCL, IOCL and BPCL - and states including Rajasthan, Andhra Pradesh, Uttar Pradesh, Gujarat, Kerala, Telangana and Tamil Nadu.
CEA & GRID STANDARDS
8EV charging stations consumed 129.66 MU in December 2025; Delhi leads Apr-Dec tally at 321.99 MU
Central Electricity Authority's Monthly Power Consumption Report for EV Public Charging Stations showed December 2025 consumption reaching 129.66 MU, up from 106.46 MU in April 2025 -
a 21.8% growth in nine months. Cumulatively from April to December 2025, total EV charging electricity stood at 1,102.59 MU. Delhi topped the nine-month tally at 321.99 MU (29.2% share), followed by Maharashtra at 268.90 MU (24.4%), Karnataka at 156.76 MU (14.2%) and Telangana at 76.57 MU (6.9%), highlighting EV infrastructure concentration.
8CEA flags 56,107 MW under maintenance; 18% of capacity offline as grid runs on 253,816 MW on May 11
Central Electricity Authority's Capacity Availability Report for May 11, 2026 revealed 56,107.10 MW - 18.1% of India's total 309,923.79 MW monitored capacity - was under maintenance, with 41,579.81 MW on forced outage and 9,891.99 MW under other constraints. The Western Region contributed the largest capacity pool with 88,030.30 MW online, while the Northern Region had the heaviest maintenance load at 17,039.91 MW offline. The data underscores the strain on India's generation fleet entering peak summer demand season.
8CEA tracks 190 coal stations with 53,529 KT stock; Rajasthan's Chhabra-II at just 51% of normative
Central Electricity Authority's Daily Coal Stock Report dated May 11, 2026 showed 190 plants collectively holding 53,529.2 thousand tonnes of coal - about 71% of the normative requirement of 74,987.1 thousand tonnes. Among troubled stations, Rajasthan's Chhabra-II TPP (1,320 MW) was critically low at just 51% of normative stock. HPGCL plants in Haryana maintained a combined stock of 1,402.7 thousand tonnes (143% normative), while PSPCL stations in Punjab held 1,014.8 thousand tonnes at 132% normative.
8RVUNL submits Suratgarh April environment report; Unit-IV SO2 peaks at 1,297 mg/Nm3 vs 600 mg norm
RVUNL's Suratgarh Super Thermal Power Station submitted its April 2026 environment status report to the Central Electricity Authority, covering stack monitoring, trade effluent discharge, specific water consumption and ambient air quality. The 6x250 MW station reported Unit-IV SO2 average of 1,141 mg/Nm3 and maximum of 1,297 mg/Nm3 against the 600 mg/Nm3 norm, while Unit-I recorded PM average of 352 mg/Nm3 and maximum of 468 mg/Nm3 against the 100 mg/Nm3 norm. The filing highlights continued regulatory monitoring of Rajasthan's coal fleet.
8RVUNL Kota STPS Unit-1 PM peaks at 895.7 mg/Nm3 against 100 mg/Nm3 norm in April environment data
Rajasthan Rajya Vidyut Utpadan Nigam Limited submitted April 2026 monthly environment data for Kota Super Thermal Power Station to the Central Electricity Authority's Clean Energy and Energy Transition Division. In the stack emission sheet, Kota STPS Unit-1 with 110 MW installed capacity reported average particulate matter of 641.26 mg/Nm3 and a maximum of 895.7 mg/Nm3 against the listed 100 mg/Nm3 norm, while Unit-2 reported PM average of 285.95 mg/Nm3 and maximum of 393.5 mg/Nm3 - flagging continued emissions stress at the legacy thermal station. Details
NEWS UPDATE: RENEWABLE ENERGY
May 13:
SOLAR POWER
8Rajasthan alone generates 286 MU in a day; India's renewables clock 963 MU on May 11
Central Electricity Authority's Daily Renewable Generation Report for May 11, 2026 showed India's total renewable output at 963.93 MU net for the day, with cumulative May generation reaching 10,154.56 MU. Rajasthan dominated with 286.45 MU of daily solar and wind generation - the highest of any state - driven by 230.50 MU of solar and 53.85 MU of wind. Nationally, solar contributed 695.92 MU and wind 241.85 MU. Cumulative ISGS renewable generation from identified projects reached 4,204.45 MU since April 1.
8India's wind-solar machine generates 544 MU from ISGS plants on May 11; Rajasthan private IPPs lead
Central Electricity Authority's plant-wise renewable data showed identified ISGS renewable projects contributed 544.36 MU on May 11, 2026, with cumulative May generation of 5,950.11 MU from these plants. Private IPP solar projects in Rajasthan - including NTPC Nokh (5.99 MU daily), Adani Hybrid Jaisalmer (6.10 MU solar + 6.22 MU wind), and multiple ACME, ReNew and Azure Power plants - dominate the national renewable matrix. The Pavagada Solar Park in Karnataka contributed 16.00 MU, while NP Kunta in Andhra Pradesh generated 17.88 MU.
8DVC posts highest-ever solar generation of 33.3 MU in FY26; hydel exceeds target at 351 MU
Damodar Valley Corporation (DVC) reported total power generation of 40,103 MU in FY 2025-26, comprising 39,719 MU thermal, 351 MU hydel and a record 33.3 MU solar - the highest solar generation in DVC's history. Hydel output of 351 MU also exceeded its 280 MU target. The corporation achieved a record 6 MMT of coal excavation from its captive mine at Tubed, Latehar, and secured fresh coal mines with cumulative capacity of 53 MMT, including Mahuagarhi and Mandakini-B, alongside commissioning India's first real-time ULDC Phase-III Load Despatch Centre.
8Tata Power Rooftop Solar PAT surges 150% YoY to Rs. 499 crore in FY26
Tata Power Company Limited (BSE: 500400) reported a 150% YoY surge in Rooftop Solar PAT to Rs. 499 crore in FY26, complementing a doubling of Solar Manufacturing PAT to Rs. 857 crore and 49% growth in T&D business PAT to Rs. 2,978 crore. The company commissioned 2.5 GW of renewable capacity in FY26, taking its renewables portfolio to 11.6 GW including 5.1 GW under construction. Overall FY26 revenue stood at Rs. 63,681 crore with EBITDA up 11% to Rs. 16,090 crore and PAT at an all-time high of Rs. 5,118 crore.
POLICY & INCENTIVES
8India and Korea to join each other's ISA and GGGI; May 11 meeting targets green finance across Asia
India and South Korea announced their intention to join each other's international climate bodies - India to join the Global Green Growth Institute (GGGI) and Korea to join the International Solar Alliance (ISA) - as part of bilateral agreements during the Korean State Visit to India. On May 11, 2026, GGGI Deputy Executive Director Dr. Malle Fofana met ISA Director General Ashish Khanna in New Delhi to advance green energy financing opportunities across Asia. The ISA, founded and hosted by India, and the GGGI, founded by Korea, now deepen their international footprints.
8BEE proposes new draft regulations for power distribution companies under Energy Conservation Act
The Bureau of Energy Efficiency (BEE), under the Ministry of Power, published a draft notification on April 15, 2026 in the Gazette of India Extraordinary, proposing new regulations under sub-section (2) of Section 58 read with Section 13(2) of the Energy Conservation Act, 2001 for power distribution companies (DISCOMs). The draft supersedes BEE's earlier notification of October 6, 2021 and its amendment of October 28, 2022. Stakeholders can submit objections or suggestions via post or email to helpdesk@beeindia.gov.in within 30 days of publication.
8Joshi declares India's 500 GW non-fossil target within reach, invokes Aatmanirbharta at CII summit
Union Minister for New and Renewable Energy Shri Pralhad Joshi, addressing the CII Annual Business Summit 2026, declared India's 500 GW non-fossil fuel capacity target achievable through scale, speed and self-reliance. The Minister positioned renewable energy as the cornerstone of India's Aatmanirbhar growth framework, stating clean energy transition now shapes industrial competitiveness, trade positioning and economic resilience - not just climate commitments. He drew parallels with Vaccine Maitri and BrahMos/Tejas export success as evidence of India's growing domestic capability. Details
8Rajasthan alone generates 286 MU in a day; India's renewables clock 963 MU on May 11
Central Electricity Authority's Daily Renewable Generation Report for May 11, 2026 showed India's total renewable output at 963.93 MU net for the day, with cumulative May generation reaching 10,154.56 MU. Rajasthan dominated with 286.45 MU of daily solar and wind generation - the highest of any state - driven by 230.50 MU of solar and 53.85 MU of wind. Nationally, solar contributed 695.92 MU and wind 241.85 MU. Cumulative ISGS renewable generation from identified projects reached 4,204.45 MU since April 1.
8India's wind-solar machine generates 544 MU from ISGS plants on May 11; Rajasthan private IPPs lead
Central Electricity Authority's plant-wise renewable data showed identified ISGS renewable projects contributed 544.36 MU on May 11, 2026, with cumulative May generation of 5,950.11 MU from these plants. Private IPP solar projects in Rajasthan - including NTPC Nokh (5.99 MU daily), Adani Hybrid Jaisalmer (6.10 MU solar + 6.22 MU wind), and multiple ACME, ReNew and Azure Power plants - dominate the national renewable matrix. The Pavagada Solar Park in Karnataka contributed 16.00 MU, while NP Kunta in Andhra Pradesh generated 17.88 MU.
8DVC posts highest-ever solar generation of 33.3 MU in FY26; hydel exceeds target at 351 MU
Damodar Valley Corporation (DVC) reported total power generation of 40,103 MU in FY 2025-26, comprising 39,719 MU thermal, 351 MU hydel and a record 33.3 MU solar - the highest solar generation in DVC's history. Hydel output of 351 MU also exceeded its 280 MU target. The corporation achieved a record 6 MMT of coal excavation from its captive mine at Tubed, Latehar, and secured fresh coal mines with cumulative capacity of 53 MMT, including Mahuagarhi and Mandakini-B, alongside commissioning India's first real-time ULDC Phase-III Load Despatch Centre.
8Tata Power Rooftop Solar PAT surges 150% YoY to Rs. 499 crore in FY26
Tata Power Company Limited (BSE: 500400) reported a 150% YoY surge in Rooftop Solar PAT to Rs. 499 crore in FY26, complementing a doubling of Solar Manufacturing PAT to Rs. 857 crore and 49% growth in T&D business PAT to Rs. 2,978 crore. The company commissioned 2.5 GW of renewable capacity in FY26, taking its renewables portfolio to 11.6 GW including 5.1 GW under construction. Overall FY26 revenue stood at Rs. 63,681 crore with EBITDA up 11% to Rs. 16,090 crore and PAT at an all-time high of Rs. 5,118 crore.
POLICY & INCENTIVES
8India and Korea to join each other's ISA and GGGI; May 11 meeting targets green finance across Asia
India and South Korea announced their intention to join each other's international climate bodies - India to join the Global Green Growth Institute (GGGI) and Korea to join the International Solar Alliance (ISA) - as part of bilateral agreements during the Korean State Visit to India. On May 11, 2026, GGGI Deputy Executive Director Dr. Malle Fofana met ISA Director General Ashish Khanna in New Delhi to advance green energy financing opportunities across Asia. The ISA, founded and hosted by India, and the GGGI, founded by Korea, now deepen their international footprints.
8BEE proposes new draft regulations for power distribution companies under Energy Conservation Act
The Bureau of Energy Efficiency (BEE), under the Ministry of Power, published a draft notification on April 15, 2026 in the Gazette of India Extraordinary, proposing new regulations under sub-section (2) of Section 58 read with Section 13(2) of the Energy Conservation Act, 2001 for power distribution companies (DISCOMs). The draft supersedes BEE's earlier notification of October 6, 2021 and its amendment of October 28, 2022. Stakeholders can submit objections or suggestions via post or email to helpdesk@beeindia.gov.in within 30 days of publication.
8Joshi declares India's 500 GW non-fossil target within reach, invokes Aatmanirbharta at CII summit
Union Minister for New and Renewable Energy Shri Pralhad Joshi, addressing the CII Annual Business Summit 2026, declared India's 500 GW non-fossil fuel capacity target achievable through scale, speed and self-reliance. The Minister positioned renewable energy as the cornerstone of India's Aatmanirbhar growth framework, stating clean energy transition now shapes industrial competitiveness, trade positioning and economic resilience - not just climate commitments. He drew parallels with Vaccine Maitri and BrahMos/Tejas export success as evidence of India's growing domestic capability. Details
NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION
May 13:
PPA SIGNING & APPROVAL
8HPERC approves five solar PPAs totalling 5.7 MW in single-day regulatory sitting
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved Power Purchase Agreements totalling 5.7 MW with HPSEBL in a single regulatory sitting on May 12, 2026 across Petitions 68-72 of 2026. The approvals include GB Solar (500 kW, Mandi), Pratham Rana Solar (2.0 MW, Bilaspur), Sadashiv Solar (500 kW, Kangra), Chowai Solar Anni (500 kW, Kullu) and Surya Setu Energies (1.70 MW, Una). Filings dated May 7-11 were heard and decided the same day by the bench of Chairman Yashwant Singh Chogal and Member Shashi Kant Joshi.
8HPERC clears 500 kW GB Solar Power Project PPA with HPSEBL in Mandi district
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the Power Purchase Agreement for GB Solar Power Project of 500 kW capacity at Village Gehri Bhaderpur, Tehsil Sarkaghat in Mandi district, in favour of HPSEBL in Petition No. 68 of 2026. Arguments were heard and the order passed by the bench of Chairman Yashwant Singh Chogal and Member Shashi Kant Joshi on May 12, 2026 - within five days of petition filing on May 7, 2026, reflecting HPERC's expedited PPA approval workflow.
8HPERC approves 2.0 MW Pratham Rana Solar PPA in Bilaspur; fast-track approval in one day
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the Power Purchase Agreement for Pratham Rana Solar Power Project of 2.0 MW in Petition No. 69 of 2026. The project is located at Village and Post Office Chandpur, Tehsil Sadar in Bilaspur district. The petition was filed on May 11, 2026 with arguments heard and order passed on May 12, 2026 by the two-member bench. The decision demonstrates HPERC's swift processing of small-scale solar PPAs under HPSEBL's procurement framework for distributed renewable generation in the hill state.
8HPERC clears Sadashiv Solar 500 kW PPA in Kangra within 24 hours of filing
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the PPA between HPSEBL and Sadashiv Solar Power Project of 500 kW in Petition No. 70 of 2026. The project is sited at Village and Post Office Khushi Nagar, Tehsil Nurpur in Kangra district. Filed on May 11, 2026, argued and decided the same day on May 12, 2026, this marks another expedited approval under HPERC (Conduct of Business) Regulations, 2024. The approval continues the regulator's pattern of clearing small-scale renewable PPAs within tight turnaround times during May 2026.
8TNERC takes up TNGECL-TNPDCL Power Purchase Approval Petition for RE procurement
Tamil Nadu Electricity Regulatory Commission (TNERC) took up Power Purchase Approval Petition No. 5 of 2026 on May 12, 2026, filed jointly by Tamil Nadu Green Energy Corporation Limited (TNGECL) and Tamil Nadu Power Distribution Corporation Limited (TNPDCL). The petition relates to a power purchase arrangement between the state's green energy arm and the distribution utility, requiring commission approval under the regulatory framework. Standing counsel Thiru N. Kumanan and Thiru A.P. Venkatachalapathy appeared for TANTRANSCO during proceedings before the Commission.
8HPERC approves 1.70 MW Surya Setu Energies solar PPA with HPSEBL in Una district
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the PPA between HPSEBL and Surya Setu Energies Pvt. Limited Solar Power Project of 1.70 MW in Petition No. 72 of 2026. The project is located at Village and Post Office Charatgarh in Una district. Filed May 11, heard and decided May 12, 2026, the order completes a cluster of five solar PPAs approved by HPERC in a single sitting that together added 5.7 MW of new solar capacity under HPSEBL's distributed renewable procurement programme.
WORK ORDERS & SUPPLY CONTRACTS
8L&T Semiconductor ties up with Synopsys in multiyear AI-simulation deal for power electronics design
L&T Semiconductor Technologies Limited (LTSCT), a wholly-owned subsidiary of Larsen & Toubro, signed a multiyear simulation software license agreement with Synopsys Inc. on May 12, 2026, to accelerate AI-enabled design of next-generation power modules and intelligent power modules (IPMs). The collaboration will integrate multiphysics simulation at chip, package and system levels, supporting voltage design ranges from 1.2 kV to 10 kV. LTSCT CEO Sandeep Kumar said the deal enables a new paradigm where intelligence, performance and sustainability converge in power electronics design.
8Atlanta Electricals commissioning 5,000 MVA IDT transformer capacity by December 2026
Atlanta Electricals (NSE: ATLANTAE) is commissioning 5,000 MVA Inter-Connecting Transformer (IDT) capacity by December 2026 and pursuing short-circuit test for a 30,000 MVA, 400 kV facility at Vadod in Q1 FY27. The capacity expansion supports the company's order book of Rs. 26 billion, largely earmarked for FY27 execution. Q4 FY26 results were a clear beat with revenue surging 82% YoY to Rs. 7.5 billion and PAT up 129% YoY to Rs. 1 billion, prompting MOFSL to raise the target price to Rs. 1,950.
8MePGCL cancels CO2 fire suppression tender for Umiam hydro stations; refloating expected
Meghalaya Power Generation Corporation Limited (MePGCL) cancelled NIT No. MePGCL/CE:GEN/T-162/2025-26/38 dated May 12, 2026, originally floated on April 6, 2026 for design, supply, erection, testing and commissioning of a CO2 gas fire suppression system for Umiam Stage-I and Umiam-Umitru Stage-IV power stations, along with CO2 cylinder refilling and complete fire alarm system overhauling. The cancellation by the Chief Engineer (Generation) opens the door for a re-tender, potentially with revised specifications or commercial terms for the Shillong-based hydro utility.
8KSEB floats short-term power tender for peak hours from June 15 to December 31, 2026
Kerala State Electricity Board Limited (KSEB) issued a short-term e-tender (Reference: KSEBL/Short/26-27/ET, dated May 7, 2026) on the DEEP portal for procurement of power during peak hours from June 15, 2026 to December 31, 2026, in line with the Ministry of Power's 2016 guidelines for tariff-based short-term procurement by distribution licensees. The tender is open to generators, state utilities, CPPs, distribution licensees, SEBs and trading licensees. The six-and-a-half month window signals KSEB's anticipation of continued peak-hour deficits.
8KSEBL opens FY27 RFP to appoint credit rating agencies for borrowings
Kerala State Electricity Board Limited (KSEBL) issued RFP No. Fin (2)B/credit Rating 26-27/01 dated May 7, 2026 for appointing credit rating agencies to rate the utility's borrowings. The Financial Adviser asked the Chief Engineer (IT & CR) to upload the notice inviting Request for Proposal and the RFP documents on KSEBL's website on the same day. The filing is tied to KSEBL's FY 2026-27 borrowing programme and its registered office at Vydyuthi Bhavanam, Pattom, Thiruvananthapuram, ahead of the new financial year's capital raise.
8MGVCL sets Rs. 10 lakh per MW bank guarantee format for captive and third-party solar under Gujarat RE Policy 2025
Madhya Gujarat Vij Company Limited (MGVCL) released the standard bank guarantee format for solar generators setting up captive or third-party sale projects under the Gujarat Integrated Renewable Energy Policy 2025. The guarantee is to be executed on Rs. 300 non-judicial stamp paper, with security calculated at Rs. 10 lakh per MW of AC capacity for projects entering wheeling agreements with MGVCL. The validity structure covers 1.5 years from the Stage-II connectivity application date plus an additional three-month claim period, giving the DISCOM first-demand invocation rights.
8DERC invites applications for 10 consultant positions across engineering, tariff, finance, HR and law
The Delhi Electricity Regulatory Commission (DERC) published a public notice inviting applications for engagement of 10 consultants under DERC (Appointment of Consultant) Regulations, 2001: three Electrical/Tariff Engineering, one Civil Engineering, three Tariff-Finance, one HR, and two Law consultants. They will assist DERC's two divisions in duties including DPR scrutiny, capital expenditure approvals, sub-station scheme review, procurement compliance and tariff analysis for DISCOMs BRPL and BYPL. Applications are to be filed at DERC's Malviya Nagar office.
8MGVCL frames DREBP solar guarantee at Rs. 10 lakh per MW; validity tied to 7 months after SCSD
MGVCL issued a separate bank guarantee format for renewable energy generators selling solar power to the DISCOM under the Decentralised Renewable Energy-Based Power scheme. The DREBP format requires security at Rs. 10 lakh per MW of AC capacity, executed on Rs. 300 non-judicial stamp paper, and links validity to seven months from the Scheduled Commercial Supply Date in the PPA, plus a one-month claim period. The format refers to Gujarat's December 24, 2025 renewable energy policy resolution and GERC Tariff Order Nos. 5 and 6 of 2024.
CAPACITY COMMISSIONING
8TPREL board approves Rs. 6,500 crore investment in 10 GW PV ingot and wafer manufacturing facility
Tata Power Renewable Energy Limited (TPREL) board approved a Rs. 6,500 crore investment in a 10 GW photovoltaic ingot and wafer manufacturing facility, to be set up in two phases of 5 GW each, advancing India's solar manufacturing self-reliance push. The decision was disclosed alongside Tata Power Company Limited's FY26 results, which posted record PAT of Rs. 5,118 crore. TP Solar's FY26 revenue of Rs. 6,968 crore included 3,825 MW of modules and 3,759 MW of cells with an industry-leading yield exceeding 95%.
8Panipat TPS Unit 6 returns to grid as CEA tracks recommissioning of multiple thermal units
Central Electricity Authority's Recommissioning Report (Sub-Report 14) for May 11, 2026 confirmed that PANIPAT TPS Unit 6 of 210 MW capacity and several other thermal units returned to the grid after maintenance, providing relief to northern grid capacity. Meanwhile, Sub-Report 15 records fresh outages going off-grid on May 11, with detailed outage reasons and expected return dates tracked. With 41,579.81 MW on forced outage system-wide, the active outage management underscores the difficulty of balancing maintenance cycles against peak-season demand.
8Siemens Energy unveils BlueWind offshore microgrid pairing floating wind turbines with BESS
Siemens Energy developed BlueWind - a microgrid combining Offshore Floating Wind Units (OFWUs) with Battery Energy Storage Systems (BESS) and Power Management Systems (PMS) -specifically designed to allow complete shut-off of gas turbines on offshore oil and gas assets. By integrating wind energy with grid converters, BlueWind delivers consistent grid stability and emissions-free power to offshore platforms, enabling decarbonisation that would be impossible with either BESS or floating wind alone. The solution directly targets carbon footprints of offshore production units. Details
8HPERC approves five solar PPAs totalling 5.7 MW in single-day regulatory sitting
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved Power Purchase Agreements totalling 5.7 MW with HPSEBL in a single regulatory sitting on May 12, 2026 across Petitions 68-72 of 2026. The approvals include GB Solar (500 kW, Mandi), Pratham Rana Solar (2.0 MW, Bilaspur), Sadashiv Solar (500 kW, Kangra), Chowai Solar Anni (500 kW, Kullu) and Surya Setu Energies (1.70 MW, Una). Filings dated May 7-11 were heard and decided the same day by the bench of Chairman Yashwant Singh Chogal and Member Shashi Kant Joshi.
8HPERC clears 500 kW GB Solar Power Project PPA with HPSEBL in Mandi district
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the Power Purchase Agreement for GB Solar Power Project of 500 kW capacity at Village Gehri Bhaderpur, Tehsil Sarkaghat in Mandi district, in favour of HPSEBL in Petition No. 68 of 2026. Arguments were heard and the order passed by the bench of Chairman Yashwant Singh Chogal and Member Shashi Kant Joshi on May 12, 2026 - within five days of petition filing on May 7, 2026, reflecting HPERC's expedited PPA approval workflow.
8HPERC approves 2.0 MW Pratham Rana Solar PPA in Bilaspur; fast-track approval in one day
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the Power Purchase Agreement for Pratham Rana Solar Power Project of 2.0 MW in Petition No. 69 of 2026. The project is located at Village and Post Office Chandpur, Tehsil Sadar in Bilaspur district. The petition was filed on May 11, 2026 with arguments heard and order passed on May 12, 2026 by the two-member bench. The decision demonstrates HPERC's swift processing of small-scale solar PPAs under HPSEBL's procurement framework for distributed renewable generation in the hill state.
8HPERC clears Sadashiv Solar 500 kW PPA in Kangra within 24 hours of filing
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the PPA between HPSEBL and Sadashiv Solar Power Project of 500 kW in Petition No. 70 of 2026. The project is sited at Village and Post Office Khushi Nagar, Tehsil Nurpur in Kangra district. Filed on May 11, 2026, argued and decided the same day on May 12, 2026, this marks another expedited approval under HPERC (Conduct of Business) Regulations, 2024. The approval continues the regulator's pattern of clearing small-scale renewable PPAs within tight turnaround times during May 2026.
8TNERC takes up TNGECL-TNPDCL Power Purchase Approval Petition for RE procurement
Tamil Nadu Electricity Regulatory Commission (TNERC) took up Power Purchase Approval Petition No. 5 of 2026 on May 12, 2026, filed jointly by Tamil Nadu Green Energy Corporation Limited (TNGECL) and Tamil Nadu Power Distribution Corporation Limited (TNPDCL). The petition relates to a power purchase arrangement between the state's green energy arm and the distribution utility, requiring commission approval under the regulatory framework. Standing counsel Thiru N. Kumanan and Thiru A.P. Venkatachalapathy appeared for TANTRANSCO during proceedings before the Commission.
8HPERC approves 1.70 MW Surya Setu Energies solar PPA with HPSEBL in Una district
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the PPA between HPSEBL and Surya Setu Energies Pvt. Limited Solar Power Project of 1.70 MW in Petition No. 72 of 2026. The project is located at Village and Post Office Charatgarh in Una district. Filed May 11, heard and decided May 12, 2026, the order completes a cluster of five solar PPAs approved by HPERC in a single sitting that together added 5.7 MW of new solar capacity under HPSEBL's distributed renewable procurement programme.
WORK ORDERS & SUPPLY CONTRACTS
8L&T Semiconductor ties up with Synopsys in multiyear AI-simulation deal for power electronics design
L&T Semiconductor Technologies Limited (LTSCT), a wholly-owned subsidiary of Larsen & Toubro, signed a multiyear simulation software license agreement with Synopsys Inc. on May 12, 2026, to accelerate AI-enabled design of next-generation power modules and intelligent power modules (IPMs). The collaboration will integrate multiphysics simulation at chip, package and system levels, supporting voltage design ranges from 1.2 kV to 10 kV. LTSCT CEO Sandeep Kumar said the deal enables a new paradigm where intelligence, performance and sustainability converge in power electronics design.
8Atlanta Electricals commissioning 5,000 MVA IDT transformer capacity by December 2026
Atlanta Electricals (NSE: ATLANTAE) is commissioning 5,000 MVA Inter-Connecting Transformer (IDT) capacity by December 2026 and pursuing short-circuit test for a 30,000 MVA, 400 kV facility at Vadod in Q1 FY27. The capacity expansion supports the company's order book of Rs. 26 billion, largely earmarked for FY27 execution. Q4 FY26 results were a clear beat with revenue surging 82% YoY to Rs. 7.5 billion and PAT up 129% YoY to Rs. 1 billion, prompting MOFSL to raise the target price to Rs. 1,950.
8MePGCL cancels CO2 fire suppression tender for Umiam hydro stations; refloating expected
Meghalaya Power Generation Corporation Limited (MePGCL) cancelled NIT No. MePGCL/CE:GEN/T-162/2025-26/38 dated May 12, 2026, originally floated on April 6, 2026 for design, supply, erection, testing and commissioning of a CO2 gas fire suppression system for Umiam Stage-I and Umiam-Umitru Stage-IV power stations, along with CO2 cylinder refilling and complete fire alarm system overhauling. The cancellation by the Chief Engineer (Generation) opens the door for a re-tender, potentially with revised specifications or commercial terms for the Shillong-based hydro utility.
8KSEB floats short-term power tender for peak hours from June 15 to December 31, 2026
Kerala State Electricity Board Limited (KSEB) issued a short-term e-tender (Reference: KSEBL/Short/26-27/ET, dated May 7, 2026) on the DEEP portal for procurement of power during peak hours from June 15, 2026 to December 31, 2026, in line with the Ministry of Power's 2016 guidelines for tariff-based short-term procurement by distribution licensees. The tender is open to generators, state utilities, CPPs, distribution licensees, SEBs and trading licensees. The six-and-a-half month window signals KSEB's anticipation of continued peak-hour deficits.
8KSEBL opens FY27 RFP to appoint credit rating agencies for borrowings
Kerala State Electricity Board Limited (KSEBL) issued RFP No. Fin (2)B/credit Rating 26-27/01 dated May 7, 2026 for appointing credit rating agencies to rate the utility's borrowings. The Financial Adviser asked the Chief Engineer (IT & CR) to upload the notice inviting Request for Proposal and the RFP documents on KSEBL's website on the same day. The filing is tied to KSEBL's FY 2026-27 borrowing programme and its registered office at Vydyuthi Bhavanam, Pattom, Thiruvananthapuram, ahead of the new financial year's capital raise.
8MGVCL sets Rs. 10 lakh per MW bank guarantee format for captive and third-party solar under Gujarat RE Policy 2025
Madhya Gujarat Vij Company Limited (MGVCL) released the standard bank guarantee format for solar generators setting up captive or third-party sale projects under the Gujarat Integrated Renewable Energy Policy 2025. The guarantee is to be executed on Rs. 300 non-judicial stamp paper, with security calculated at Rs. 10 lakh per MW of AC capacity for projects entering wheeling agreements with MGVCL. The validity structure covers 1.5 years from the Stage-II connectivity application date plus an additional three-month claim period, giving the DISCOM first-demand invocation rights.
8DERC invites applications for 10 consultant positions across engineering, tariff, finance, HR and law
The Delhi Electricity Regulatory Commission (DERC) published a public notice inviting applications for engagement of 10 consultants under DERC (Appointment of Consultant) Regulations, 2001: three Electrical/Tariff Engineering, one Civil Engineering, three Tariff-Finance, one HR, and two Law consultants. They will assist DERC's two divisions in duties including DPR scrutiny, capital expenditure approvals, sub-station scheme review, procurement compliance and tariff analysis for DISCOMs BRPL and BYPL. Applications are to be filed at DERC's Malviya Nagar office.
8MGVCL frames DREBP solar guarantee at Rs. 10 lakh per MW; validity tied to 7 months after SCSD
MGVCL issued a separate bank guarantee format for renewable energy generators selling solar power to the DISCOM under the Decentralised Renewable Energy-Based Power scheme. The DREBP format requires security at Rs. 10 lakh per MW of AC capacity, executed on Rs. 300 non-judicial stamp paper, and links validity to seven months from the Scheduled Commercial Supply Date in the PPA, plus a one-month claim period. The format refers to Gujarat's December 24, 2025 renewable energy policy resolution and GERC Tariff Order Nos. 5 and 6 of 2024.
CAPACITY COMMISSIONING
8TPREL board approves Rs. 6,500 crore investment in 10 GW PV ingot and wafer manufacturing facility
Tata Power Renewable Energy Limited (TPREL) board approved a Rs. 6,500 crore investment in a 10 GW photovoltaic ingot and wafer manufacturing facility, to be set up in two phases of 5 GW each, advancing India's solar manufacturing self-reliance push. The decision was disclosed alongside Tata Power Company Limited's FY26 results, which posted record PAT of Rs. 5,118 crore. TP Solar's FY26 revenue of Rs. 6,968 crore included 3,825 MW of modules and 3,759 MW of cells with an industry-leading yield exceeding 95%.
8Panipat TPS Unit 6 returns to grid as CEA tracks recommissioning of multiple thermal units
Central Electricity Authority's Recommissioning Report (Sub-Report 14) for May 11, 2026 confirmed that PANIPAT TPS Unit 6 of 210 MW capacity and several other thermal units returned to the grid after maintenance, providing relief to northern grid capacity. Meanwhile, Sub-Report 15 records fresh outages going off-grid on May 11, with detailed outage reasons and expected return dates tracked. With 41,579.81 MW on forced outage system-wide, the active outage management underscores the difficulty of balancing maintenance cycles against peak-season demand.
8Siemens Energy unveils BlueWind offshore microgrid pairing floating wind turbines with BESS
Siemens Energy developed BlueWind - a microgrid combining Offshore Floating Wind Units (OFWUs) with Battery Energy Storage Systems (BESS) and Power Management Systems (PMS) -specifically designed to allow complete shut-off of gas turbines on offshore oil and gas assets. By integrating wind energy with grid converters, BlueWind delivers consistent grid stability and emissions-free power to offshore platforms, enabling decarbonisation that would be impossible with either BESS or floating wind alone. The solution directly targets carbon footprints of offshore production units. Details
NEWS UPDATE: TARIFF & REGULATORY ORDERS
May 13:
COMMISSION ORDERS (CERC/SERC)
8HERC must re-determine 110 MW Chuzachen hydro tariff after APTEL sets aside retrospective MYT application
The Haryana Electricity Regulatory Commission (HERC) issued an order on May 8, 2026 in Petition No. 69 of 2025 - a remand of Petition No. 41 of 2018 - following APTEL's judgment of May 26, 2025 in Appeal No. 85 of 2022, which set aside HERC's tariff order of February 23, 2022 for GI Hydro Private Limited's 110 MW Chuzachen Hydroelectric Project in East Sikkim. APTEL held that HERC wrongly applied HERC MYT Regulations, 2012 retrospectively. HERC is now directed to re-determine tariff for the control period FY 2018-19 to FY 2022-23.
8APTEL pronounces verdict in 8-year-old NTPC tariff dispute against 13 state DISCOMs
The Appellate Tribunal for Electricity (APTEL) issued an order dated May 11, 2026 in Appeal No. 23 of 2018 filed by NTPC Limited against 13 state distribution entities including WBSEDCL, Bihar State Power, Jharkhand Urja Vikas Nigam, Damodar Valley Corporation, GRIDCO, Assam Power Distribution, TANGEDCO, UPPCL, J&K Power Development, PSPCL, BSES Rajdhani and BSES Yamuna. The 8-year-old tariff dispute was heard by the bench of Officiating Chairperson Ms. Seema Gupta and Judicial Member Mr. Virender Bhat at the tribunal's New Delhi headquarters.
8APTEL delivers six-year-old judgment in Rajasthan DISCOM vs D Maruti Clean Coal case
The Appellate Tribunal for Electricity (APTEL) pronounced its judgment in Appeal No. 248 of 2020 on May 11, 2026, in a six-year-old case pitting Rajasthan Urja Vikas Nigam Limited (RUVNL), Ajmer Vidyut Vitran Nigam, Jodhpur Vidyut Vitran Nigam and Jaipur Vidyut Vitran Nigam against the Central Electricity Regulatory Commission (CERC) and D Maruti Clean Coal and Power Limited, Gurugram. PTC India Limited and Prayas Energy Group are also respondents. The bench of Officiating Chairperson Seema Gupta and Judicial Member Virender Bhat delivered the ruling.
8APTEL settles nine-year Tamil Nadu Spinning Mills open access dispute against TNERC and TANGEDCO
The Appellate Tribunal for Electricity (APTEL) on May 11, 2026 issued its judgment in Appeal No. 356 of 2017, filed by Tamil Nadu Spinning Mills Association (TSMA, Dindigul) challenging TNERC's order dated August 11, 2017 in T.P. No. 01 of 2017 and review order dated March 13, 2018 in R.P. No. 4 of 2017. TANGEDCO is Respondent No. 2. The case involved regulatory treatment of spinning mills under open access provisions in Tamil Nadu. The nine-year-old appeal was decided by Officiating Chairperson Seema Gupta and Judicial Member Virender Bhat.
8GERC approves Rs. 2.95 per unit tariff ceiling for PM-KUSUM solar under PGVCL petition
Gujarat Electricity Regulatory Commission (GERC) received Petition No. 2601 of 2026 from Paschim Gujarat Vij Company Limited (PGVCL) seeking adoption of tariff discovered through a reverse bidding process with a ceiling of Rs. 2.95 per unit, under Section 63 of the Electricity Act, 2003. The petition relates to purchase of power from decentralised ground/stilt-mounted grid-connected solar plants under Component-A of the PM-KUSUM scheme. The bid ceiling tariff is a continuation of the Commission's earlier order dated May 6, 2025 in Petition No. 2247 of 2023.
8TNERC issues order in Hindustan Unilever vs TNPDCL dispute over Kodaikanal distribution
Tamil Nadu Electricity Regulatory Commission (TNERC) issued an order dated May 12, 2026 in MP No. 46 of 2025, in the matter of Hindustan Unilever Limited (Kodaikanal) versus Tamil Nadu Power Distribution Corporation Limited (TNPDCL). The petition involved regulatory relief sought under the Electricity Act, 2003. TNERC Chairman Thiru R. Manivannan and Member Thiru K. Venkatesan presided, with TNPDCL's Dindugal Electricity Distribution Circle and the Revenue Controller also listed as respondents. The order marks TNERC's active adjudication of consumer-distribution disputes in Tamil Nadu.
8HPERC decides Dera Hydro Power's review petition on May 12 after six-month proceedings
The Himachal Pradesh Electricity Regulatory Commission (HPERC) decided Petition No. 251 of 2025 filed by M/s Dera Hydro Power Private Limited, a Shimla-based entity, on May 12, 2026. The review petition was instituted on November 10, 2025, arguments were heard on April 1, 2026, and the order was delivered by the two-member bench of Member (Law)-cum-Chairman Yashwant Singh Chogal and Member Shashi Kant Joshi. The decision concludes a regulatory review process that has been pending before HPERC for approximately six months in the small hydro segment.
REGULATORY PETITION & REVIEW
8HERC admits SJVN's Rs. 250 MW / 500 MWh BESS tariff adoption petition; hearing fixed for May 14
The Haryana Electricity Regulatory Commission (HERC) at Panchkula admitted Petition No. 28 of 2026 filed by SJVN Limited under Section 63 of the Electricity Act, 2003 for adoption of tariff discovered through competitive bidding for setting up a 250 MW / 500 MWh Standalone Battery Energy Storage System (BESS) in Haryana. UHBVNL is the principal respondent, with Hardi Hydro Energy Pvt. Limited also named. The Commission fixed the next date of hearing for May 14, 2026 at 11:30 AM, with notices to be issued to all parties before the hearing.
8PSERC admits PSPCL's Voluntary Disclosure Scheme petition for agriculture tubewell consumers
The Punjab State Electricity Regulatory Commission (PSERC), Chandigarh, admitted Petition No. 33 of 2026 filed by Punjab State Power Corporation Limited (PSPCL) seeking introduction of a Voluntary Disclosure Scheme for Agriculture (AP) tubewell consumers under Section 181(u) of the Electricity Act, 2003 and Regulation 68 of Supply Code 2024. The VDS aims to encourage voluntary regularisation of unauthorised loads. The Commission fixed hearing for May 20, 2026 at 11:30 AM. The order was signed by Member Ravi Kumar and Member-cum-Chairman Ravinder Singh Saini.
8PSERC admits PSPCL's FPPAS true-up petition for FY 2025-26; June 3 hearing fixed
The Punjab State Electricity Regulatory Commission (PSERC) admitted Petition No. 34 of 2026 filed by PSPCL for true-up of Fuel & Power Purchase Adjustment Surcharge (FPPAS) for FY 2025-26 under Sections 62 and 86 of the Electricity Act, 2003 read with Regulation 47 of PSERC Tariff Regulations, 2022. PSPCL also prayed that true-up of FPPAS be allowed to proceed alongside the annual tariff petition in years with no FPPAS levy. The Commission admitted the petition and fixed hearing for June 3, 2026 at 11:30 AM.
8UPERC admits UPPCL petition to revise hydropower bidding documents for 50 MW to 4,000 MW projects
The Uttar Pradesh Electricity Regulatory Commission (UPERC) admitted Petition No. 2369 of 2026 filed by UP Power Corporation Limited (UPPCL) seeking modification of bidding documents for procurement of hydropower in the contracted capacity range of 50 MW to 4,000 MW for 25 to 40 years. The petition seeks amendment to UPERC orders dated February 6, 2026, February 11, 2025 and July 4, 2025. UPPCL has prayed for approval of RFP and draft hydropower documents with specific additional deviations, signalling a fresh push on long-term hydro procurement.
8UPERC hears B&G Renewable Energy plea to refer non-tariff UPPCL disputes to arbitration
The Uttar Pradesh Electricity Regulatory Commission (UPERC) heard an interim application in Petition No. 2332 of 2025 filed by M/s B&G Renewable Energy Pvt. Limited, M/s Nirgajini Hydel Project Pvt. Limited and M/s Salawa Hydel Project Pvt. Limited - all registered at Nungambakkam, Chennai - seeking referral to arbitration of non-tariff disputes arising from Power Purchase Agreements under Clause 17.3.2, against respondents UPPCL and UPRVUNL. The matter was heard on May 11, 2026 before Chairman Arvind Kumar and Member Sanjay Kumar Singh.
8CSERC takes up Shri Bajrang Power exemption plea on dedicated feeder for solar open access
Chhattisgarh State Electricity Regulatory Commission (CSERC) took up Petition No. 11 of 2026 filed by M/s Shri Bajrang Power & Ispat Limited seeking exemption from the requirement of a dedicated feeder to avail open access for solar PV power at its iron ore mines in Borjhara, Raipur. The petition invokes Clause 5(5) of CSERC (Connectivity and Intra-State Open Access) Regulations, 2011 and amended Regulations, 2012, with Chhattisgarh State Power Distribution Company Limited as respondent. The case reflects growing industrial demand for flexible solar open access.
8Gokul Agro seeks GERC shield on Rs. 50 lakh GETCO bank guarantee as 10 MW solar project hits land litigation
Gokul Agro Resources Limited moved the Gujarat Electricity Regulatory Commission against possible encashment of its Rs. 50 lakh bank guarantee furnished to Gujarat Energy Transmission Corporation Limited for a 10 MW AC solar power plant at Dalpura, Danta, Banaskantha. GETCO had granted Stage-II connectivity on October 31, 2024, with project completion deadline falling on October 31, 2025. The petitioner told GERC that land possession was blocked by title litigation before the Civil Court at Palanpur and obstruction by more than 400 individuals.
8V Grown Tech seeks GERC SCOD extension on 20 MW captive solar project near Gir forest eco-zone
V Grown Tech Pvt. Limited sought an extension from GERC for infrastructure linked to its 20 MW captive solar power plant at Nana Samdhiyala village in Gir Somnath, to be evacuated through GETCO's 66 kV Luvari Mori substation. The company, already operating 55 MW of captive solar capacity, said the new project received GEDA provisional registration on December 20, 2024 and GETCO Stage-I/II connectivity on January 31, 2025. The delay arose after forest authorities raised objections because the land falls within 10 km of the Gir eco-sensitive zone.
8Samarth Diamond claims Rs. 35 lakh loss as UGVCL denies set-off for 4.47 lakh wind units
Samarth Diamond approached GERC seeking set-off of 4,47,649 units injected into the grid from March 2025 to August 2025 from its 0.80 MW captive wind power project. The petitioner, an HT consumer of UGVCL with 600 kVA contract demand, said it had secured GEDA's five-year extension on December 12, 2024 and executed fresh transmission and wheeling agreements with GETCO and UGVCL in August 2025, valid up to March 16, 2030. Samarth Diamond claimed denial of set-off caused an estimated financial loss of about Rs. 35 lakh.
8KEI Industries challenges UGVCL demand charges on deemed 4,200 kVA supply; GERC grants reply window
KEI Industries Limited filed a GERC petition against Uttar Gujarat Vij Company Limited and GETCO, seeking a declaration that the 180-day supply timeline under Gujarat's SOP and Supply Code should be counted from the date of payment of UGVCL's final estimate. The company also sought refund of excess minimum demand charges allegedly recovered by UGVCL on a deemed release of 4,200 kVA power demand. GERC heard the matter on May 11, 2026 and directed respondents to file replies within four weeks, with KEI allowed three weeks for rejoinder.
8UPERC admits petition under open access and intra-state transmission regulations
The Uttar Pradesh Electricity Regulatory Commission (UPERC), under the bench of Chairman Arvind Kumar and Member Sanjay Kumar Singh, admitted Petition No. 2223 of 2025 filed under Regulations 20 and 21 of the UPERC (Grant of Connectivity to Intra-State Transmission System) Regulations, 2010, and Regulation 38 of the UPERC (Terms and Conditions for Open Access) Regulations, 2019. The petition concerns transmission system connectivity rights and is linked to Regulation 57 of the State's electricity regulatory framework, marking a procedural step in UP's evolving open access landscape.
8La Opala RG moves UERC against UPCL for refund of excess security deposit
M/s La Opala RG Limited, operating from Plot No. B-108, ESIP, Sitarganj in Udham Singh Nagar, Uttarakhand, filed Misc. Application No. 14 of 2026 before the Uttarakhand Electricity Regulatory Commission (UERC) seeking refund of surplus security deposit lying with Uttarakhand Power Corporation Limited (UPCL) in excess of prescribed limits under applicable regulations and tariff orders. The petition is directed against the Managing Director of UPCL and raises a consumer rights issue around alleged arbitrary retention of security funds by the state-owned distribution utility.
OPEN ACCESS & WHEELING CHARGES
8TNERC releases draft Multi-Year Tariff Regulations 2026 introducing new control period framework
Tamil Nadu Electricity Regulatory Commission (TNERC) released a draft of its Tamil Nadu Electricity Regulatory Commission (Multi Year Tariff for Distribution) Regulations, 2026 for public consultation. The draft, published from TNERC's Chennai office, introduces a structured Multi-Year Tariff (MYT) framework for distribution licensees, covering specific variable trajectories, petition timelines and a defined control period. The regulations will govern Tamil Nadu's distribution utilities including TNPDCL and are expected to significantly reshape the state's retail power tariff methodology once finalised.
8UERC publishes Draft Resource Adequacy Regulations 2026 to secure Uttarakhand's power future
The Uttarakhand Electricity Regulatory Commission (UERC), exercising powers under Sections 61, 66 and 86 of the Electricity Act, 2003, released the complete draft notification text of UERC (Framework for Resource Adequacy) Regulations, 2026. Demand forecast obligations including the Partial End Use Method (PEUM) are embedded in the draft, with Annexure-II specifying a standardised Demand Forecast Summary format for DISCOMs covering energy sales by consumer category, distribution losses and peak load projections up to year n+10. Public comments have been invited.
8HPERC proposes amendments to 2017 RE Tariff Regulations aligning with CERC 2024 framework
The Himachal Pradesh Electricity Regulatory Commission (HPERC) issued Notification No. HPERC/428 on May 12, 2026, proposing amendments to the HPERC (Promotion of Generation from Renewable Energy Sources and Terms and Conditions for Tariff Determination) Regulations, 2017 to align with the CERC (Terms and Conditions for Tariff Determination from Renewable Energy Sources) Regulations, 2024, notified in the Gazette of India on July 16, 2024. The amendments are framed under Sections 61, 62, 86 and 181 of the Electricity Act, 2003.
8DERC amends C&AG auditor bid terms for BSES Rajdhani and BSES Yamuna enforcement sales audit
The Delhi Electricity Regulatory Commission (DERC) issued a corrigendum following a pre-bid meeting on April 30, 2026, amending its bid for appointment of C&AG empanelled auditors to verify, reconcile and finalise enforcement sales of BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) for FY 2007-08 to FY 2023-24 per the Supreme Court's judgment of October 18, 2022. Bid submission deadline extended to June 1, 2026 at 17:00 hrs; technical bid opening fixed for June 4, 2026 at 11:30 hrs. Details
8HERC must re-determine 110 MW Chuzachen hydro tariff after APTEL sets aside retrospective MYT application
The Haryana Electricity Regulatory Commission (HERC) issued an order on May 8, 2026 in Petition No. 69 of 2025 - a remand of Petition No. 41 of 2018 - following APTEL's judgment of May 26, 2025 in Appeal No. 85 of 2022, which set aside HERC's tariff order of February 23, 2022 for GI Hydro Private Limited's 110 MW Chuzachen Hydroelectric Project in East Sikkim. APTEL held that HERC wrongly applied HERC MYT Regulations, 2012 retrospectively. HERC is now directed to re-determine tariff for the control period FY 2018-19 to FY 2022-23.
8APTEL pronounces verdict in 8-year-old NTPC tariff dispute against 13 state DISCOMs
The Appellate Tribunal for Electricity (APTEL) issued an order dated May 11, 2026 in Appeal No. 23 of 2018 filed by NTPC Limited against 13 state distribution entities including WBSEDCL, Bihar State Power, Jharkhand Urja Vikas Nigam, Damodar Valley Corporation, GRIDCO, Assam Power Distribution, TANGEDCO, UPPCL, J&K Power Development, PSPCL, BSES Rajdhani and BSES Yamuna. The 8-year-old tariff dispute was heard by the bench of Officiating Chairperson Ms. Seema Gupta and Judicial Member Mr. Virender Bhat at the tribunal's New Delhi headquarters.
8APTEL delivers six-year-old judgment in Rajasthan DISCOM vs D Maruti Clean Coal case
The Appellate Tribunal for Electricity (APTEL) pronounced its judgment in Appeal No. 248 of 2020 on May 11, 2026, in a six-year-old case pitting Rajasthan Urja Vikas Nigam Limited (RUVNL), Ajmer Vidyut Vitran Nigam, Jodhpur Vidyut Vitran Nigam and Jaipur Vidyut Vitran Nigam against the Central Electricity Regulatory Commission (CERC) and D Maruti Clean Coal and Power Limited, Gurugram. PTC India Limited and Prayas Energy Group are also respondents. The bench of Officiating Chairperson Seema Gupta and Judicial Member Virender Bhat delivered the ruling.
8APTEL settles nine-year Tamil Nadu Spinning Mills open access dispute against TNERC and TANGEDCO
The Appellate Tribunal for Electricity (APTEL) on May 11, 2026 issued its judgment in Appeal No. 356 of 2017, filed by Tamil Nadu Spinning Mills Association (TSMA, Dindigul) challenging TNERC's order dated August 11, 2017 in T.P. No. 01 of 2017 and review order dated March 13, 2018 in R.P. No. 4 of 2017. TANGEDCO is Respondent No. 2. The case involved regulatory treatment of spinning mills under open access provisions in Tamil Nadu. The nine-year-old appeal was decided by Officiating Chairperson Seema Gupta and Judicial Member Virender Bhat.
8GERC approves Rs. 2.95 per unit tariff ceiling for PM-KUSUM solar under PGVCL petition
Gujarat Electricity Regulatory Commission (GERC) received Petition No. 2601 of 2026 from Paschim Gujarat Vij Company Limited (PGVCL) seeking adoption of tariff discovered through a reverse bidding process with a ceiling of Rs. 2.95 per unit, under Section 63 of the Electricity Act, 2003. The petition relates to purchase of power from decentralised ground/stilt-mounted grid-connected solar plants under Component-A of the PM-KUSUM scheme. The bid ceiling tariff is a continuation of the Commission's earlier order dated May 6, 2025 in Petition No. 2247 of 2023.
8TNERC issues order in Hindustan Unilever vs TNPDCL dispute over Kodaikanal distribution
Tamil Nadu Electricity Regulatory Commission (TNERC) issued an order dated May 12, 2026 in MP No. 46 of 2025, in the matter of Hindustan Unilever Limited (Kodaikanal) versus Tamil Nadu Power Distribution Corporation Limited (TNPDCL). The petition involved regulatory relief sought under the Electricity Act, 2003. TNERC Chairman Thiru R. Manivannan and Member Thiru K. Venkatesan presided, with TNPDCL's Dindugal Electricity Distribution Circle and the Revenue Controller also listed as respondents. The order marks TNERC's active adjudication of consumer-distribution disputes in Tamil Nadu.
8HPERC decides Dera Hydro Power's review petition on May 12 after six-month proceedings
The Himachal Pradesh Electricity Regulatory Commission (HPERC) decided Petition No. 251 of 2025 filed by M/s Dera Hydro Power Private Limited, a Shimla-based entity, on May 12, 2026. The review petition was instituted on November 10, 2025, arguments were heard on April 1, 2026, and the order was delivered by the two-member bench of Member (Law)-cum-Chairman Yashwant Singh Chogal and Member Shashi Kant Joshi. The decision concludes a regulatory review process that has been pending before HPERC for approximately six months in the small hydro segment.
REGULATORY PETITION & REVIEW
8HERC admits SJVN's Rs. 250 MW / 500 MWh BESS tariff adoption petition; hearing fixed for May 14
The Haryana Electricity Regulatory Commission (HERC) at Panchkula admitted Petition No. 28 of 2026 filed by SJVN Limited under Section 63 of the Electricity Act, 2003 for adoption of tariff discovered through competitive bidding for setting up a 250 MW / 500 MWh Standalone Battery Energy Storage System (BESS) in Haryana. UHBVNL is the principal respondent, with Hardi Hydro Energy Pvt. Limited also named. The Commission fixed the next date of hearing for May 14, 2026 at 11:30 AM, with notices to be issued to all parties before the hearing.
8PSERC admits PSPCL's Voluntary Disclosure Scheme petition for agriculture tubewell consumers
The Punjab State Electricity Regulatory Commission (PSERC), Chandigarh, admitted Petition No. 33 of 2026 filed by Punjab State Power Corporation Limited (PSPCL) seeking introduction of a Voluntary Disclosure Scheme for Agriculture (AP) tubewell consumers under Section 181(u) of the Electricity Act, 2003 and Regulation 68 of Supply Code 2024. The VDS aims to encourage voluntary regularisation of unauthorised loads. The Commission fixed hearing for May 20, 2026 at 11:30 AM. The order was signed by Member Ravi Kumar and Member-cum-Chairman Ravinder Singh Saini.
8PSERC admits PSPCL's FPPAS true-up petition for FY 2025-26; June 3 hearing fixed
The Punjab State Electricity Regulatory Commission (PSERC) admitted Petition No. 34 of 2026 filed by PSPCL for true-up of Fuel & Power Purchase Adjustment Surcharge (FPPAS) for FY 2025-26 under Sections 62 and 86 of the Electricity Act, 2003 read with Regulation 47 of PSERC Tariff Regulations, 2022. PSPCL also prayed that true-up of FPPAS be allowed to proceed alongside the annual tariff petition in years with no FPPAS levy. The Commission admitted the petition and fixed hearing for June 3, 2026 at 11:30 AM.
8UPERC admits UPPCL petition to revise hydropower bidding documents for 50 MW to 4,000 MW projects
The Uttar Pradesh Electricity Regulatory Commission (UPERC) admitted Petition No. 2369 of 2026 filed by UP Power Corporation Limited (UPPCL) seeking modification of bidding documents for procurement of hydropower in the contracted capacity range of 50 MW to 4,000 MW for 25 to 40 years. The petition seeks amendment to UPERC orders dated February 6, 2026, February 11, 2025 and July 4, 2025. UPPCL has prayed for approval of RFP and draft hydropower documents with specific additional deviations, signalling a fresh push on long-term hydro procurement.
8UPERC hears B&G Renewable Energy plea to refer non-tariff UPPCL disputes to arbitration
The Uttar Pradesh Electricity Regulatory Commission (UPERC) heard an interim application in Petition No. 2332 of 2025 filed by M/s B&G Renewable Energy Pvt. Limited, M/s Nirgajini Hydel Project Pvt. Limited and M/s Salawa Hydel Project Pvt. Limited - all registered at Nungambakkam, Chennai - seeking referral to arbitration of non-tariff disputes arising from Power Purchase Agreements under Clause 17.3.2, against respondents UPPCL and UPRVUNL. The matter was heard on May 11, 2026 before Chairman Arvind Kumar and Member Sanjay Kumar Singh.
8CSERC takes up Shri Bajrang Power exemption plea on dedicated feeder for solar open access
Chhattisgarh State Electricity Regulatory Commission (CSERC) took up Petition No. 11 of 2026 filed by M/s Shri Bajrang Power & Ispat Limited seeking exemption from the requirement of a dedicated feeder to avail open access for solar PV power at its iron ore mines in Borjhara, Raipur. The petition invokes Clause 5(5) of CSERC (Connectivity and Intra-State Open Access) Regulations, 2011 and amended Regulations, 2012, with Chhattisgarh State Power Distribution Company Limited as respondent. The case reflects growing industrial demand for flexible solar open access.
8Gokul Agro seeks GERC shield on Rs. 50 lakh GETCO bank guarantee as 10 MW solar project hits land litigation
Gokul Agro Resources Limited moved the Gujarat Electricity Regulatory Commission against possible encashment of its Rs. 50 lakh bank guarantee furnished to Gujarat Energy Transmission Corporation Limited for a 10 MW AC solar power plant at Dalpura, Danta, Banaskantha. GETCO had granted Stage-II connectivity on October 31, 2024, with project completion deadline falling on October 31, 2025. The petitioner told GERC that land possession was blocked by title litigation before the Civil Court at Palanpur and obstruction by more than 400 individuals.
8V Grown Tech seeks GERC SCOD extension on 20 MW captive solar project near Gir forest eco-zone
V Grown Tech Pvt. Limited sought an extension from GERC for infrastructure linked to its 20 MW captive solar power plant at Nana Samdhiyala village in Gir Somnath, to be evacuated through GETCO's 66 kV Luvari Mori substation. The company, already operating 55 MW of captive solar capacity, said the new project received GEDA provisional registration on December 20, 2024 and GETCO Stage-I/II connectivity on January 31, 2025. The delay arose after forest authorities raised objections because the land falls within 10 km of the Gir eco-sensitive zone.
8Samarth Diamond claims Rs. 35 lakh loss as UGVCL denies set-off for 4.47 lakh wind units
Samarth Diamond approached GERC seeking set-off of 4,47,649 units injected into the grid from March 2025 to August 2025 from its 0.80 MW captive wind power project. The petitioner, an HT consumer of UGVCL with 600 kVA contract demand, said it had secured GEDA's five-year extension on December 12, 2024 and executed fresh transmission and wheeling agreements with GETCO and UGVCL in August 2025, valid up to March 16, 2030. Samarth Diamond claimed denial of set-off caused an estimated financial loss of about Rs. 35 lakh.
8KEI Industries challenges UGVCL demand charges on deemed 4,200 kVA supply; GERC grants reply window
KEI Industries Limited filed a GERC petition against Uttar Gujarat Vij Company Limited and GETCO, seeking a declaration that the 180-day supply timeline under Gujarat's SOP and Supply Code should be counted from the date of payment of UGVCL's final estimate. The company also sought refund of excess minimum demand charges allegedly recovered by UGVCL on a deemed release of 4,200 kVA power demand. GERC heard the matter on May 11, 2026 and directed respondents to file replies within four weeks, with KEI allowed three weeks for rejoinder.
8UPERC admits petition under open access and intra-state transmission regulations
The Uttar Pradesh Electricity Regulatory Commission (UPERC), under the bench of Chairman Arvind Kumar and Member Sanjay Kumar Singh, admitted Petition No. 2223 of 2025 filed under Regulations 20 and 21 of the UPERC (Grant of Connectivity to Intra-State Transmission System) Regulations, 2010, and Regulation 38 of the UPERC (Terms and Conditions for Open Access) Regulations, 2019. The petition concerns transmission system connectivity rights and is linked to Regulation 57 of the State's electricity regulatory framework, marking a procedural step in UP's evolving open access landscape.
8La Opala RG moves UERC against UPCL for refund of excess security deposit
M/s La Opala RG Limited, operating from Plot No. B-108, ESIP, Sitarganj in Udham Singh Nagar, Uttarakhand, filed Misc. Application No. 14 of 2026 before the Uttarakhand Electricity Regulatory Commission (UERC) seeking refund of surplus security deposit lying with Uttarakhand Power Corporation Limited (UPCL) in excess of prescribed limits under applicable regulations and tariff orders. The petition is directed against the Managing Director of UPCL and raises a consumer rights issue around alleged arbitrary retention of security funds by the state-owned distribution utility.
OPEN ACCESS & WHEELING CHARGES
8TNERC releases draft Multi-Year Tariff Regulations 2026 introducing new control period framework
Tamil Nadu Electricity Regulatory Commission (TNERC) released a draft of its Tamil Nadu Electricity Regulatory Commission (Multi Year Tariff for Distribution) Regulations, 2026 for public consultation. The draft, published from TNERC's Chennai office, introduces a structured Multi-Year Tariff (MYT) framework for distribution licensees, covering specific variable trajectories, petition timelines and a defined control period. The regulations will govern Tamil Nadu's distribution utilities including TNPDCL and are expected to significantly reshape the state's retail power tariff methodology once finalised.
8UERC publishes Draft Resource Adequacy Regulations 2026 to secure Uttarakhand's power future
The Uttarakhand Electricity Regulatory Commission (UERC), exercising powers under Sections 61, 66 and 86 of the Electricity Act, 2003, released the complete draft notification text of UERC (Framework for Resource Adequacy) Regulations, 2026. Demand forecast obligations including the Partial End Use Method (PEUM) are embedded in the draft, with Annexure-II specifying a standardised Demand Forecast Summary format for DISCOMs covering energy sales by consumer category, distribution losses and peak load projections up to year n+10. Public comments have been invited.
8HPERC proposes amendments to 2017 RE Tariff Regulations aligning with CERC 2024 framework
The Himachal Pradesh Electricity Regulatory Commission (HPERC) issued Notification No. HPERC/428 on May 12, 2026, proposing amendments to the HPERC (Promotion of Generation from Renewable Energy Sources and Terms and Conditions for Tariff Determination) Regulations, 2017 to align with the CERC (Terms and Conditions for Tariff Determination from Renewable Energy Sources) Regulations, 2024, notified in the Gazette of India on July 16, 2024. The amendments are framed under Sections 61, 62, 86 and 181 of the Electricity Act, 2003.
8DERC amends C&AG auditor bid terms for BSES Rajdhani and BSES Yamuna enforcement sales audit
The Delhi Electricity Regulatory Commission (DERC) issued a corrigendum following a pre-bid meeting on April 30, 2026, amending its bid for appointment of C&AG empanelled auditors to verify, reconcile and finalise enforcement sales of BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) for FY 2007-08 to FY 2023-24 per the Supreme Court's judgment of October 18, 2022. Bid submission deadline extended to June 1, 2026 at 17:00 hrs; technical bid opening fixed for June 4, 2026 at 11:30 hrs. Details
NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE
May 13:
QUARTERLY RESULTS
8Tata Power Q4 FY26 PAT rises 8% YoY to Rs. 1,416 crore; FY26 annual PAT hits all-time high of Rs. 5,118 crore
Tata Power Company Limited (BSE: 500400) reported an all-time high annual PAT of Rs. 5,118 crore for FY26, up 7% year-on-year, alongside Q4 FY26 PAT of Rs. 1,416 crore (up 8% YoY). FY26 revenue stood at Rs. 63,681 crore and EBITDA grew 11% to Rs. 16,090 crore. Core business PAT grew 34% YoY, while Solar Manufacturing PAT doubled to Rs. 857 crore. The company commissioned 2.5 GW of renewable capacity during FY26.
8Torrent Power Q4 FY26 TCI plunges 62% to Rs. 408 crore; full-year EBITDA improves to Rs. 5,864 crore
Torrent Power Limited (BSE: 532779) reported Q4 FY26 revenue of Rs. 6,406 crore against Rs. 6,456 crore a year ago and full-year revenue of Rs. 28,966 crore. Q4 Total Comprehensive Income (TCI) fell sharply to Rs. 408 crore from Rs. 1,085 crore, impacted by a one-time deferred tax reversal of Rs. 637 crore in the prior year. Adjusting for this, underlying TCI improved by Rs. 92 crore. Full-year EBITDA improved to Rs. 5,864 crore, with Net Debt:EBITDA at 2.06x.
8Atlanta Electricals Q4 FY26 revenue jumps 82% YoY to Rs. 7.5 billion; PAT surges 129% to Rs. 1 billion
Atlanta Electricals (NSE: ATLANTAE) beat MOFSL estimates on all parameters in Q4 FY26, with revenue surging 82% YoY to Rs. 7.5 billion, a 24% beat. EBITDA jumped 118% YoY to Rs. 1.5 billion with EBITDA margin expanding 330 bps to 20%, while PAT rose 129% YoY to Rs. 1 billion. Order inflow for Q4 was Rs. 7.3 billion and the full-year order book stands at Rs. 26 billion, largely for FY27 execution. MOFSL reiterated BUY with a revised target price of Rs. 1,950.
8IND Renewable Energy reports nil revenue for third consecutive quarter ended December 2025
IND Renewable Energy Limited (BSE: 536709, formerly Vakharia Powerinfrastructure) disclosed unaudited standalone financial results for the quarter ended December 31, 2025, showing nil revenue from operations for the third consecutive quarter. Other income was also nil for the quarter and the nine-month period. The board meeting held on May 12, 2026 commenced at 6:00 PM and concluded at 7:15 PM. Results were approved and filed with BSE under Regulation 30 of SEBI Listing Regulations, 2015.
8DVC clocks 40,103 MU in FY26 with record 33.3 MU solar and 6 MMT captive coal output
Damodar Valley Corporation (DVC) reported total power generation of 40,103 MU in FY 2025-26, comprising 39,719 MU thermal, 351 MU hydel, and a record 33.3 MU solar - the highest solar generation in the corporation's history. Hydel output of 351 MU exceeded its 280 MU target. DVC achieved a record 6 MMT of coal excavation from its captive mine at Tubed, Latehar, and secured fresh mines with cumulative capacity of 53 MMT, including Mahuagarhi and Mandakini-B. It also commissioned India's first real-time ULDC Phase-III Load Despatch Centre.
ANNUAL RESULTS
8Torrent Power commits over Rs. 30,000 crore for 3 GW thermal expansion; eyes Nabha Power 1,400 MW takeover
Torrent Power Limited (BSE: 532779) Managing Director Jinal Mehta announced a commitment of over Rs. 30,000 crore for 3 GW of new thermal capacity, including a 1,600 MW project in Madhya Pradesh and acquisition of the 1,400 MW Nabha Power. Full-year FY26 revenue stood at Rs. 28,966 crore with EBITDA improving to Rs. 5,864 crore and disciplined Net Debt:EBITDA of 2.06x. The board separately approved final dividend of Rs. 5 per share, taking the FY26 payout to Rs. 20 per share or 200%.
8Tata Power renewables portfolio reaches 11.6 GW including 5.1 GW under construction at FY26 close
Tata Power Company Limited's renewables portfolio expanded to 11.6 GW at the end of FY 2025-26, comprising operational capacity and 5.1 GW under construction. The company commissioned 2.5 GW of renewable capacity during FY26. Revenue stood at Rs. 63,681 crore, EBITDA grew 11% to Rs. 16,090 crore, and PAT hit an all-time high of Rs. 5,118 crore. The board declared a dividend of Rs. 2.50 per share. Rooftop Solar PAT surged 150% YoY to Rs. 499 crore, while the T&D business posted Rs. 2,978 crore in PAT, up 49%.
DIVIDEND & BOARD DECISIONS
8Torrent Power board clears Rs. 10,000 crore NCD issuance and Rs. 5 final dividend; FY26 payout at Rs. 20 per share
Torrent Power Limited's (BSE: 532779) board meeting on May 12, 2026 approved three major actions: audited Q4 and FY 2025-26 financial results with unmodified auditor opinion; a final dividend of Rs. 5 per equity share on 50.39 crore shares, payable by September 2, 2026, in addition to Rs. 15 interim dividend already paid in Q4 - taking the full-year payout to Rs. 20 per share or 200%; and raising up to Rs. 10,000 crore through Non-Convertible Debentures (NCDs).
8Tata Power board approves Rs. 2.50 per share dividend after all-time high FY26 PAT of Rs. 5,118 crore
Tata Power Company Limited (BSE: 500400) declared a dividend of Rs. 2.50 per equity share for FY 2025-26 after posting an all-time high annual PAT of Rs. 5,118 crore, up 7% YoY. The board also reviewed segment performance with Solar Manufacturing PAT at Rs. 857 crore, Rooftop Solar at Rs. 499 crore, T&D at Rs. 2,978 crore, and Odisha DISCOMs at Rs. 809 crore. Revenue stood at Rs. 63,681 crore, EBITDA grew 11% to Rs. 16,090 crore, and the renewables portfolio reached 11.6 GW.
8Tata Power appoints Ms. Nishi Vasudeva as Independent Director on board
Tata Power Company Limited (BSE: 500400) disclosed the appointment of Ms. Nishi Vasudeva as an Independent Director on its board, filed with BSE and NSE on May 12, 2026 under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The appointment reinforces Tata Power's corporate governance commitments as the company navigates an aggressive multi-segment renewable expansion, with FY26 revenue of Rs. 63,681 crore and a renewables portfolio of 11.6 GW including 5.1 GW under construction.
8ACME Solar shareholders to vote on ESOP 2024 amendment and stock options for subsidiary employees
ACME Solar Holdings Limited (BSE: 544283, NSE: ACMESOLAR) circulated a Postal Ballot Notice dated May 7, 2026 seeking shareholder approval for two special resolutions: amendments to the ACME Employee Stock Option Plan 2024, and grant of stock options to employees of subsidiary and holding companies under the plan. E-voting via KFin Technologies opens on May 14, 2026 at 9:00 AM IST, with the record date set at May 8, 2026. Electronic notice was dispatched to shareholders registered with the Depositories.
8Adani Enterprises warns of imminent transfer of unclaimed FY 2018-19 shares to IEPF Suspense Account
Adani Enterprises Limited (BSE: 512599, NSE: ADANIENT) issued newspaper advertisements in Financial Express (Gujarati) and Indian Express (English) notifying equity shareholders about the impending transfer of FY 2018-19 unclaimed shares to the Investors Education & Protection Fund (IEPF) Suspense Account under IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Company Secretary Jatin Jalundhwala filed the disclosure, with individual notices already dispatched via Speed Post to affected shareholders ahead of the statutory cut-off.
EARNINGS CALL & ANALYST MEET
8Power Grid Corporation schedules analyst and institutional investor meet in Mumbai on May 18 post Q4 FY26 results
Power Grid Corporation of India Limited (BSE: 532898, NSE: POWERGRID), India's central transmission utility, announced an Analysts' and Institutional Investors' Meet for Monday, May 18, 2026 at 11:30 AM IST in Mumbai. Senior management will discuss the company's business and financial outlook post declaration of audited results for Q4 and FY 2025-26 ended March 31, 2026. Company Secretary Satyaprakash Dash filed the intimation under Regulation 30 of SEBI Listing Regulations from POWERGRID's headquarters at Saudamini, Sector-29, Gurugram.
8GE Vernova T&D India sets Q4 FY26 earnings conference call for May 19 at 4 PM IST
GE Vernova T&D India Limited (BSE: 522275, NSE: GVT&D), formerly GE T&D India Limited, disclosed under Regulation 30 of SEBI Listing Regulations that an Earnings Conference Call for analysts and institutional investors is scheduled for Tuesday, May 19, 2026 at 4:00 PM IST. The call will cover audited Q4 and full-year FY 2025-26 financial results. Company Secretary Shweta Mehta filed the intimation, with details hosted on the company's website. The call positions GE Vernova T&D India as a key listed play on India's transmission capex cycle.
8GE Power India makes Q4 FY26 earnings call audio publicly available on gevernova.com
GE Power India Limited (BSE: 532309, NSE: GVPIL) informed exchanges under Regulation 30 of SEBI Listing Regulations that the audio recording of its Earnings Conference Call held on May 12, 2026 at 10:00 AM is accessible at gevernova.com. Managing Director Puneet Bhatla signed the disclosure. This follows an earlier letter dated May 11, 2026 sharing the earnings presentation with the exchanges, completing the company's Q4 FY26 investor communication cycle for institutional and retail shareholders alike.
8ACME Solar schedules back-to-back investor meetings in Mumbai, Singapore and Hong Kong in May 2026
ACME Solar Holdings Limited (BSE: 544283, NSE: ACMESOLAR) filed an intimation under Regulation 30 of SEBI Listing Regulations informing that senior management will participate in physical 1x1 and group investor meetings in Mumbai on May 15, Singapore on May 20-21, and Hong Kong on May 22, 2026. The company's investor presentation is accessible at acmesolar.in. The intensive international roadshow signals active capital-market engagement ahead of potential fundraising and reinforces ACME Solar's positioning as a listed Indian renewable energy pure-play.
CREDIT RATING & ANALYST REPORT
8CareEdge places Rs. 414.28 crore CARE AA debt of Avaada Solarise Energy on Rating Watch in restricted group merger
CareEdge Ratings placed the CARE AA rating on Rs. 414.28 crore of long-term bank facilities of Avaada Solarise Energy Private Limited on Rating Watch with Developing Implications. ASE is part of the Avaada Restricted Group with Fermi Solarfarms and Clean Sustainable Energy, bound by a cash pooling agreement with cross-default clauses and joint and several debt servicing liability. The rating action reflects the proposed amalgamation into Avaada Sunshine Energy Private Limited. NCLT interim approval is in place; final NCLT and MCA approvals are awaited.
8CareEdge puts Rs. 303.36 crore Fermi Solarfarms CARE AA debt on Rating Watch in Rs. 953.69 crore group action
CareEdge Ratings placed the CARE AA rating on Rs. 303.36 crore of long-term bank facilities of Fermi Solarfarms Private Limited on Rating Watch with Developing Implications. Together with Clean Sustainable Energy (Rs. 236.05 crore) and Avaada Solarise Energy (Rs. 414.28 crore), the Avaada Restricted Group carries combined rated debt of Rs. 953.69 crore - all now under Rating Watch. All three entities are wholly owned subsidiaries of Avaada Energy Private Limited and are jointly and severally liable under a cash pooling structure. Merger into Avaada Sunshine Energy awaits final NCLT approval.
8CareEdge places Rs. 191.48 crore Avaada Clean Sustainable Energy CARE A debt on Rating Watch amid 12-entity merger
CareEdge Ratings placed the CARE A rating on Rs. 191.48 crore of long-term bank facilities of Avaada Clean Sustainable Energy Private Limited on Rating Watch with Developing Implications. ACSE operates a 50 MWac / 70 MWp solar power project in Bihar with a Plant Load Factor of 23.1% in FY25, broadly in line with P90 of 23.5%, and a DSCR of about 1.3x. The Rating Watch reflects a proposed amalgamation of ACSE and 11 other entities into Avaada Sunshine Energy Private Limited, with NCLT interim approval received and final approvals expected within months.
8CareEdge places Rs. 236.05 crore Clean Sustainable Energy CARE AA debt on Watch pending NCLT amalgamation nod
CareEdge Ratings placed the CARE AA rating on Rs. 236.05 crore of long-term bank facilities of Clean Sustainable Energy Private Limited on Rating Watch with Developing Implications. CSEPL is part of the Avaada Restricted Group with Fermi Solarfarms and Avaada Solarise, linked through an unconditional, irrevocable cash pooling agreement with a T-minus structured payment mechanism. The proposed merger into Avaada Sunshine Energy Private Limited (rated CARE A-) will result in transfer of rated limits; final NCLT and MCA approvals are pending.
8CareEdge places Rs. 111.72 crore Avaada Green HN Project CARE A debt on Watch; PLF stable at 17.3%, DSCR at 1.24x
CareEdge Ratings placed the CARE A rating on Rs. 111.72 crore of long-term bank facilities of Avaada Green HN Project Private Limited on Rating Watch with Developing Implications. The project has a track record of over four years with a Plant Load Factor of 17.3% in FY25 versus 16.8% in FY24, and 17.1% for 9M FY26, with average receivable days of about 35 days. Cumulative DSCR stands at 1.24x. The proposed amalgamation into Avaada Sunshine Energy Private Limited prompted the watch action; approximately six years of tail life provides financial flexibility.
8MOFSL raises Atlanta Electricals target price to Rs. 1,950; FY27 order book at Rs. 26 billion
Motilal Oswal Financial Services (MOFSL) reiterated a BUY rating on Atlanta Electricals (NSE: ATLANTAE) with a revised target price of Rs. 1,950 against a current market price of Rs. 1,718 and market capitalisation of Rs. 132.9 billion. The upgrade follows Q4 FY26 results that beat estimates on all parameters, with revenue surging 82% YoY to Rs. 7.5 billion and PAT rising 129% YoY to Rs. 1 billion. The full-year order book stands at Rs. 26 billion, largely for FY27 execution, supported by upcoming 5,000 MVA IDT transformer capacity by December 2026. Details
8Tata Power Q4 FY26 PAT rises 8% YoY to Rs. 1,416 crore; FY26 annual PAT hits all-time high of Rs. 5,118 crore
Tata Power Company Limited (BSE: 500400) reported an all-time high annual PAT of Rs. 5,118 crore for FY26, up 7% year-on-year, alongside Q4 FY26 PAT of Rs. 1,416 crore (up 8% YoY). FY26 revenue stood at Rs. 63,681 crore and EBITDA grew 11% to Rs. 16,090 crore. Core business PAT grew 34% YoY, while Solar Manufacturing PAT doubled to Rs. 857 crore. The company commissioned 2.5 GW of renewable capacity during FY26.
8Torrent Power Q4 FY26 TCI plunges 62% to Rs. 408 crore; full-year EBITDA improves to Rs. 5,864 crore
Torrent Power Limited (BSE: 532779) reported Q4 FY26 revenue of Rs. 6,406 crore against Rs. 6,456 crore a year ago and full-year revenue of Rs. 28,966 crore. Q4 Total Comprehensive Income (TCI) fell sharply to Rs. 408 crore from Rs. 1,085 crore, impacted by a one-time deferred tax reversal of Rs. 637 crore in the prior year. Adjusting for this, underlying TCI improved by Rs. 92 crore. Full-year EBITDA improved to Rs. 5,864 crore, with Net Debt:EBITDA at 2.06x.
8Atlanta Electricals Q4 FY26 revenue jumps 82% YoY to Rs. 7.5 billion; PAT surges 129% to Rs. 1 billion
Atlanta Electricals (NSE: ATLANTAE) beat MOFSL estimates on all parameters in Q4 FY26, with revenue surging 82% YoY to Rs. 7.5 billion, a 24% beat. EBITDA jumped 118% YoY to Rs. 1.5 billion with EBITDA margin expanding 330 bps to 20%, while PAT rose 129% YoY to Rs. 1 billion. Order inflow for Q4 was Rs. 7.3 billion and the full-year order book stands at Rs. 26 billion, largely for FY27 execution. MOFSL reiterated BUY with a revised target price of Rs. 1,950.
8IND Renewable Energy reports nil revenue for third consecutive quarter ended December 2025
IND Renewable Energy Limited (BSE: 536709, formerly Vakharia Powerinfrastructure) disclosed unaudited standalone financial results for the quarter ended December 31, 2025, showing nil revenue from operations for the third consecutive quarter. Other income was also nil for the quarter and the nine-month period. The board meeting held on May 12, 2026 commenced at 6:00 PM and concluded at 7:15 PM. Results were approved and filed with BSE under Regulation 30 of SEBI Listing Regulations, 2015.
8DVC clocks 40,103 MU in FY26 with record 33.3 MU solar and 6 MMT captive coal output
Damodar Valley Corporation (DVC) reported total power generation of 40,103 MU in FY 2025-26, comprising 39,719 MU thermal, 351 MU hydel, and a record 33.3 MU solar - the highest solar generation in the corporation's history. Hydel output of 351 MU exceeded its 280 MU target. DVC achieved a record 6 MMT of coal excavation from its captive mine at Tubed, Latehar, and secured fresh mines with cumulative capacity of 53 MMT, including Mahuagarhi and Mandakini-B. It also commissioned India's first real-time ULDC Phase-III Load Despatch Centre.
ANNUAL RESULTS
8Torrent Power commits over Rs. 30,000 crore for 3 GW thermal expansion; eyes Nabha Power 1,400 MW takeover
Torrent Power Limited (BSE: 532779) Managing Director Jinal Mehta announced a commitment of over Rs. 30,000 crore for 3 GW of new thermal capacity, including a 1,600 MW project in Madhya Pradesh and acquisition of the 1,400 MW Nabha Power. Full-year FY26 revenue stood at Rs. 28,966 crore with EBITDA improving to Rs. 5,864 crore and disciplined Net Debt:EBITDA of 2.06x. The board separately approved final dividend of Rs. 5 per share, taking the FY26 payout to Rs. 20 per share or 200%.
8Tata Power renewables portfolio reaches 11.6 GW including 5.1 GW under construction at FY26 close
Tata Power Company Limited's renewables portfolio expanded to 11.6 GW at the end of FY 2025-26, comprising operational capacity and 5.1 GW under construction. The company commissioned 2.5 GW of renewable capacity during FY26. Revenue stood at Rs. 63,681 crore, EBITDA grew 11% to Rs. 16,090 crore, and PAT hit an all-time high of Rs. 5,118 crore. The board declared a dividend of Rs. 2.50 per share. Rooftop Solar PAT surged 150% YoY to Rs. 499 crore, while the T&D business posted Rs. 2,978 crore in PAT, up 49%.
DIVIDEND & BOARD DECISIONS
8Torrent Power board clears Rs. 10,000 crore NCD issuance and Rs. 5 final dividend; FY26 payout at Rs. 20 per share
Torrent Power Limited's (BSE: 532779) board meeting on May 12, 2026 approved three major actions: audited Q4 and FY 2025-26 financial results with unmodified auditor opinion; a final dividend of Rs. 5 per equity share on 50.39 crore shares, payable by September 2, 2026, in addition to Rs. 15 interim dividend already paid in Q4 - taking the full-year payout to Rs. 20 per share or 200%; and raising up to Rs. 10,000 crore through Non-Convertible Debentures (NCDs).
8Tata Power board approves Rs. 2.50 per share dividend after all-time high FY26 PAT of Rs. 5,118 crore
Tata Power Company Limited (BSE: 500400) declared a dividend of Rs. 2.50 per equity share for FY 2025-26 after posting an all-time high annual PAT of Rs. 5,118 crore, up 7% YoY. The board also reviewed segment performance with Solar Manufacturing PAT at Rs. 857 crore, Rooftop Solar at Rs. 499 crore, T&D at Rs. 2,978 crore, and Odisha DISCOMs at Rs. 809 crore. Revenue stood at Rs. 63,681 crore, EBITDA grew 11% to Rs. 16,090 crore, and the renewables portfolio reached 11.6 GW.
8Tata Power appoints Ms. Nishi Vasudeva as Independent Director on board
Tata Power Company Limited (BSE: 500400) disclosed the appointment of Ms. Nishi Vasudeva as an Independent Director on its board, filed with BSE and NSE on May 12, 2026 under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The appointment reinforces Tata Power's corporate governance commitments as the company navigates an aggressive multi-segment renewable expansion, with FY26 revenue of Rs. 63,681 crore and a renewables portfolio of 11.6 GW including 5.1 GW under construction.
8ACME Solar shareholders to vote on ESOP 2024 amendment and stock options for subsidiary employees
ACME Solar Holdings Limited (BSE: 544283, NSE: ACMESOLAR) circulated a Postal Ballot Notice dated May 7, 2026 seeking shareholder approval for two special resolutions: amendments to the ACME Employee Stock Option Plan 2024, and grant of stock options to employees of subsidiary and holding companies under the plan. E-voting via KFin Technologies opens on May 14, 2026 at 9:00 AM IST, with the record date set at May 8, 2026. Electronic notice was dispatched to shareholders registered with the Depositories.
8Adani Enterprises warns of imminent transfer of unclaimed FY 2018-19 shares to IEPF Suspense Account
Adani Enterprises Limited (BSE: 512599, NSE: ADANIENT) issued newspaper advertisements in Financial Express (Gujarati) and Indian Express (English) notifying equity shareholders about the impending transfer of FY 2018-19 unclaimed shares to the Investors Education & Protection Fund (IEPF) Suspense Account under IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Company Secretary Jatin Jalundhwala filed the disclosure, with individual notices already dispatched via Speed Post to affected shareholders ahead of the statutory cut-off.
EARNINGS CALL & ANALYST MEET
8Power Grid Corporation schedules analyst and institutional investor meet in Mumbai on May 18 post Q4 FY26 results
Power Grid Corporation of India Limited (BSE: 532898, NSE: POWERGRID), India's central transmission utility, announced an Analysts' and Institutional Investors' Meet for Monday, May 18, 2026 at 11:30 AM IST in Mumbai. Senior management will discuss the company's business and financial outlook post declaration of audited results for Q4 and FY 2025-26 ended March 31, 2026. Company Secretary Satyaprakash Dash filed the intimation under Regulation 30 of SEBI Listing Regulations from POWERGRID's headquarters at Saudamini, Sector-29, Gurugram.
8GE Vernova T&D India sets Q4 FY26 earnings conference call for May 19 at 4 PM IST
GE Vernova T&D India Limited (BSE: 522275, NSE: GVT&D), formerly GE T&D India Limited, disclosed under Regulation 30 of SEBI Listing Regulations that an Earnings Conference Call for analysts and institutional investors is scheduled for Tuesday, May 19, 2026 at 4:00 PM IST. The call will cover audited Q4 and full-year FY 2025-26 financial results. Company Secretary Shweta Mehta filed the intimation, with details hosted on the company's website. The call positions GE Vernova T&D India as a key listed play on India's transmission capex cycle.
8GE Power India makes Q4 FY26 earnings call audio publicly available on gevernova.com
GE Power India Limited (BSE: 532309, NSE: GVPIL) informed exchanges under Regulation 30 of SEBI Listing Regulations that the audio recording of its Earnings Conference Call held on May 12, 2026 at 10:00 AM is accessible at gevernova.com. Managing Director Puneet Bhatla signed the disclosure. This follows an earlier letter dated May 11, 2026 sharing the earnings presentation with the exchanges, completing the company's Q4 FY26 investor communication cycle for institutional and retail shareholders alike.
8ACME Solar schedules back-to-back investor meetings in Mumbai, Singapore and Hong Kong in May 2026
ACME Solar Holdings Limited (BSE: 544283, NSE: ACMESOLAR) filed an intimation under Regulation 30 of SEBI Listing Regulations informing that senior management will participate in physical 1x1 and group investor meetings in Mumbai on May 15, Singapore on May 20-21, and Hong Kong on May 22, 2026. The company's investor presentation is accessible at acmesolar.in. The intensive international roadshow signals active capital-market engagement ahead of potential fundraising and reinforces ACME Solar's positioning as a listed Indian renewable energy pure-play.
CREDIT RATING & ANALYST REPORT
8CareEdge places Rs. 414.28 crore CARE AA debt of Avaada Solarise Energy on Rating Watch in restricted group merger
CareEdge Ratings placed the CARE AA rating on Rs. 414.28 crore of long-term bank facilities of Avaada Solarise Energy Private Limited on Rating Watch with Developing Implications. ASE is part of the Avaada Restricted Group with Fermi Solarfarms and Clean Sustainable Energy, bound by a cash pooling agreement with cross-default clauses and joint and several debt servicing liability. The rating action reflects the proposed amalgamation into Avaada Sunshine Energy Private Limited. NCLT interim approval is in place; final NCLT and MCA approvals are awaited.
8CareEdge puts Rs. 303.36 crore Fermi Solarfarms CARE AA debt on Rating Watch in Rs. 953.69 crore group action
CareEdge Ratings placed the CARE AA rating on Rs. 303.36 crore of long-term bank facilities of Fermi Solarfarms Private Limited on Rating Watch with Developing Implications. Together with Clean Sustainable Energy (Rs. 236.05 crore) and Avaada Solarise Energy (Rs. 414.28 crore), the Avaada Restricted Group carries combined rated debt of Rs. 953.69 crore - all now under Rating Watch. All three entities are wholly owned subsidiaries of Avaada Energy Private Limited and are jointly and severally liable under a cash pooling structure. Merger into Avaada Sunshine Energy awaits final NCLT approval.
8CareEdge places Rs. 191.48 crore Avaada Clean Sustainable Energy CARE A debt on Rating Watch amid 12-entity merger
CareEdge Ratings placed the CARE A rating on Rs. 191.48 crore of long-term bank facilities of Avaada Clean Sustainable Energy Private Limited on Rating Watch with Developing Implications. ACSE operates a 50 MWac / 70 MWp solar power project in Bihar with a Plant Load Factor of 23.1% in FY25, broadly in line with P90 of 23.5%, and a DSCR of about 1.3x. The Rating Watch reflects a proposed amalgamation of ACSE and 11 other entities into Avaada Sunshine Energy Private Limited, with NCLT interim approval received and final approvals expected within months.
8CareEdge places Rs. 236.05 crore Clean Sustainable Energy CARE AA debt on Watch pending NCLT amalgamation nod
CareEdge Ratings placed the CARE AA rating on Rs. 236.05 crore of long-term bank facilities of Clean Sustainable Energy Private Limited on Rating Watch with Developing Implications. CSEPL is part of the Avaada Restricted Group with Fermi Solarfarms and Avaada Solarise, linked through an unconditional, irrevocable cash pooling agreement with a T-minus structured payment mechanism. The proposed merger into Avaada Sunshine Energy Private Limited (rated CARE A-) will result in transfer of rated limits; final NCLT and MCA approvals are pending.
8CareEdge places Rs. 111.72 crore Avaada Green HN Project CARE A debt on Watch; PLF stable at 17.3%, DSCR at 1.24x
CareEdge Ratings placed the CARE A rating on Rs. 111.72 crore of long-term bank facilities of Avaada Green HN Project Private Limited on Rating Watch with Developing Implications. The project has a track record of over four years with a Plant Load Factor of 17.3% in FY25 versus 16.8% in FY24, and 17.1% for 9M FY26, with average receivable days of about 35 days. Cumulative DSCR stands at 1.24x. The proposed amalgamation into Avaada Sunshine Energy Private Limited prompted the watch action; approximately six years of tail life provides financial flexibility.
8MOFSL raises Atlanta Electricals target price to Rs. 1,950; FY27 order book at Rs. 26 billion
Motilal Oswal Financial Services (MOFSL) reiterated a BUY rating on Atlanta Electricals (NSE: ATLANTAE) with a revised target price of Rs. 1,950 against a current market price of Rs. 1,718 and market capitalisation of Rs. 132.9 billion. The upgrade follows Q4 FY26 results that beat estimates on all parameters, with revenue surging 82% YoY to Rs. 7.5 billion and PAT rising 129% YoY to Rs. 1 billion. The full-year order book stands at Rs. 26 billion, largely for FY27 execution, supported by upcoming 5,000 MVA IDT transformer capacity by December 2026. Details
Download tenders and news clips
May 13:
For reference purposes the website carries here the following tenders:
8Tender for renovation of control room, yard and chain link mesh fencing Details
8Tender for supply of BIS certified energy efficiency level 2 Details
8Tender for annual work contract for providing assistance in day to day routine maintenance of electrical equipments Details
8Tender for annual work contract for assistance in day to day routine maintenance of ATRS, FSSS, BOP, actuators Details
8Tender for supply of 03 Nos. 33 kV, 1250 A, outdoor vacuum circuit breaker Details
8Tender for supply, installation and commissioning of generator brake and jack control panel Details
8Tender for work of annual maintenance contract for work of overhauling / servicing & alignment of 420 kV centre break type isolators Details
8Tender for Re-construction of fallen and associated works of 33 kV sub station Details
8Tender for overhauling of ESP Details
8Tender for OPGW supply & installation package Details
8Tender for protection work at tower Details
8Tender for protection wall and repairing work at tower Details
8Tender for drone patrolling of EHV transmission line towers Details
8Tender for enabling civil and electrical works Details
8Tender for laying of UG cable Details
8Tender for procurement of 01 No. 20 KL capacity sulphuric acid Details
8Tender for facelifting of power house power house Details
8Tender for providing and applying integral waterproofing to roof slab Details
8Tender for repair and maintenance of exterior surface and painting work Details
8Tender for supply of ISI marked LT XLPE aerial bunch cable 3CX50 plus 1X35 plus 1X16 sq.mm Details
8Tender for work of leak sealing of penthouse & APH center section Details
8Tender for work of carrying out oil analysis various oil samples of various machineries Details
8Tender for supply of LT cable Details
8Tender for supply, installation, and commissioning of non-contact type radar level transmitters Details
8Tender for various maintenance work of rail table, end frame and technological/super structure Details
8Tender for providing & fixing concertina wire fencing with relevant misc. work Details
8Tender for maintenance of cables Details
8Tender for day to day civil works related Details
8Tender for appointment of project management unit Details
8Tender for repair and maintenance of 4-lane Details
8Tender for structural maintenance works Details
8Tender for supply and installation of street lights and additional lighting fixtures Details
8Tender for replacement of cable trays Details
8Tender for procurement of 13 chrome 7 inch premium casing and accessories Details
8Tender for work of erection, testing & commissioning of 132kV equipment, structure, control wiring, earthing etc. Details
8Tender for selection of roof top developer for setting up grid connected solar roof top plants Details
8Tender for protection work of TRC bund Details
8Tender for supply of 11kV fixed and moving contact and 22 kV fixed and moving contact Details
8Tender for supply of fixed contact for 22kV AB switch Details
8Tender for supply of indoor type 11 kV VCB panel Details
8Tender for Re-construction of existing 33 kV UG line Details
8Tender for construction of 33kV MVCC line Details
8Tender for construction of dedicated kV feeder Details
8Tender for heightening of LT lines Details
8Tender for procurement of 0.2 ACSR panther conductor Details
8Tender for supply of various steel sections Details
8Tender for supply of H-beam and RS joist Details
8Tender for supply of accessories for cable Details
8Tender for procurement of bulk acid storage tank (BAST) of HCL for DM plant Details
8Tender for procurement of spares for IAC installed Details
8Tender for procurement of spares of vacuum pump Details
8Tender for EPC package for repowering Details
8Tender for concertina fencing work along Details
8Tender for dredging/desilting of CW intake channel Details
8Tender for procurement of guard tube and miscellaneous items for boiler Details
8Tender for service contract for mechanical maintenance Details
8Tender for construction of 110kV GIS construction of transformer yard and fencing Details
8Tender for reconductoring LT OH line with LT ABC Details
8Tender for laying of UG cable Details
8Tender for dismantling of 150 kWp rooftop solar plant Details
8Tender for bay modifications at 400kV substation Details
8Tender for work of loading, unloading & transportation of EHV material/ equipments/scrap/oil barrels/oil tank Details
8Tender for work of overhauling / servicing of gear box, & rail alignment of gantry crane Details
8Tender for annual rate contract for preventive maintenance, defect attending & emergency work related to lighting system, LT motors Details
8Tender for providing RCC chamber with protection wall and cabin for installation of flow analyzer Details
8Tender for construction of RCC retaining wall Details
8Tender for supply of liquor ammonia for chemical lab Details
8Tender for supply, erection, testing and commissioning of 220V DC, 510AH, KBH, Ni-Cd type battery set Details
8Tender for procurement and installation of 145kV circuit breaker at 132kV substation Details
8Tender for work of complete plate electrode ground earthing works Details
8Tender for replacement of weasel conductor Details
8Tender for replacement & maintenance of DTR Details
8Tender for replacement of weasel conductor Details
8Tender for work of MRI of all 33 kV substation Details
8Tender for procurement of water wall rifled tube panel for 600MW Details
8Tender for procurement of high pressure water wall rifled tube suitable for 600mw boiler Details
8Tender for supply of MS bolt and nut 4half, 6 and 11 inch Details
8Tender for supply of 11kV AB switches 200 Amps with 11kV PT insulators Details
8Tender for execution of works with supply of materials for provision of 33 kV source feeder Details
8Tender for supply and works contract for conversion of existing overhead HT and LT lines Details
8Tender for procurement of water wall rifled tube panel Details
8Tender for work of upgradation of total 08 Nos. of existing lamp-based video projection unit Details
8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 50 MVA, 132- 110/33 kV T/F Details
8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 25 MVA, 132- 110/33 kV T/F Details
8Tender for replacement of RCC structure by lattice type structure of various Details
8Tender for supply of equipments / material, erection, testing and commissioning for the work of augmentation by replacement of existing 1x25 MVA, 132/33kV, T/f Details
8Tender for work of providing & fixing of medium voltage conductor cover tape, high voltage busbar insulation Details
8Tender for work of cleaning and up-keeping services at various substation Details
8Tender for work of AMC for overhauling /servicing /repairing of 33kV with the supply of required spares Details
8Tender for work of AMC for overhauling /servicing /repairing of 33kV with the supply of required spares at various Details
8Tender for work of AMC for overhauling /servicing /repairing of 33kV with the supply of required Details
8Tender for work of complete upgradation of existing ABB micro SCADA at 400kV switching substation Details
8Tender for maintenance of HT, LT line & TC work Details
8Design, supply, installation, testing, commissioning with comprehensive maintenance contract of 5 years for solar rooftop projects Details
8Tender for maintenance of HT, LT line & TC work Details
8Tender for erection work of LILO 66kV sub-station Details
8Tender for erection work of 66kV LILO line Details
8Tender for various civil works activities required Details
8Tender for work of overhauling & servicing of dampers for boiler Details
8Design, supply, installation, testing, commissioning with comprehensive maintenance contract of 5 years for solar rooftop projects Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Steel Industry Still Betting Big on Coal Despite Climate Targets: Report Details
8India’s Largest Coal Producer Dissolves Wholly Owned Solar Subsidiary; FII Stake Sees Marginal Increase Details
8Coal India shuts down solar manufacturing arm Details
8Coal-based steelmaking outpaces the industry’s low-emissions transition Details
8India Set to Hit 500 GW Renewable Energy Goal, Says Pralhad Joshi Details
8India’s RE deal value surges 5-fold to $2 bn in 2025; focus shifts to storage, grids: Joshi Details
8Hybrid energy systems: Combining solar, wind & storage for maximum efficiency Details
8India's Renewable Revolution: From Peripheral to Central Details
8Power Grid Challenges in India's Renewable Energy Push Details
8Joshi to meet Khattar on May 13; RE curtailment, transmission gaps on top of agenda Details
8Swadeshi Jagran Manch backs PM Modi’s call for austerity measures amid energy crisis Details
8Emrock Corp Secures Rs 104 Crore Solar Module Order for 24 MW Gujarat Project Details
8India's Green Energy Boom Hits Grid, Storage Hurdles Amid Trade Policy Shifts Details
8Credence Solar Secures BIS Approval for 744 Wp Modules, Boosting India’s High-Efficiency Solar Manufacturing Push Details
8India Auctions J&K Limestone to Boost Critical Mineral Supply Details
8India Eyes 100 GW Nuclear Power: KBL Strong, WIL/HCC Face Financial Risks Details
8India’s Renewables Sector Needs A Fundamental Reset Details
8Forum of Regulators Holds 100th Meeting, Marks 21 Years of Power Sector Coordination Details
8Adani Power Buys GVK Energy, Enters Hydro Sector; CCI Approves LEWL Merger Details
8India wants 100 GW of Nuclear Power. These 3 engineering stocks are already inside the Rs 20 lakh cr order pipeline Details
8What is driving the volatility in India's spot power prices Details
8India’s AI data-centre boom runs into a power and water reality check Details
8GE Power India Hits 5% Upper Circuit as Q4 Profit Soars 56% QoQ; Rs 7 Dividend Declared Details
8DVC Appoints Saurabh Sharma as Executive Director (HR), Strengthens Workforce and Organisational Strategy Details
8PESB Recommends Paresh R. Ranpara as Director (Personnel) of NHPC Limited After Competitive Selection Process Details
You can also click on Newsclips for more Details
8Tender for renovation of control room, yard and chain link mesh fencing Details
8Tender for supply of BIS certified energy efficiency level 2 Details
8Tender for annual work contract for providing assistance in day to day routine maintenance of electrical equipments Details
8Tender for annual work contract for assistance in day to day routine maintenance of ATRS, FSSS, BOP, actuators Details
8Tender for supply of 03 Nos. 33 kV, 1250 A, outdoor vacuum circuit breaker Details
8Tender for supply, installation and commissioning of generator brake and jack control panel Details
8Tender for work of annual maintenance contract for work of overhauling / servicing & alignment of 420 kV centre break type isolators Details
8Tender for Re-construction of fallen and associated works of 33 kV sub station Details
8Tender for overhauling of ESP Details
8Tender for OPGW supply & installation package Details
8Tender for protection work at tower Details
8Tender for protection wall and repairing work at tower Details
8Tender for drone patrolling of EHV transmission line towers Details
8Tender for enabling civil and electrical works Details
8Tender for laying of UG cable Details
8Tender for procurement of 01 No. 20 KL capacity sulphuric acid Details
8Tender for facelifting of power house power house Details
8Tender for providing and applying integral waterproofing to roof slab Details
8Tender for repair and maintenance of exterior surface and painting work Details
8Tender for supply of ISI marked LT XLPE aerial bunch cable 3CX50 plus 1X35 plus 1X16 sq.mm Details
8Tender for work of leak sealing of penthouse & APH center section Details
8Tender for work of carrying out oil analysis various oil samples of various machineries Details
8Tender for supply of LT cable Details
8Tender for supply, installation, and commissioning of non-contact type radar level transmitters Details
8Tender for various maintenance work of rail table, end frame and technological/super structure Details
8Tender for providing & fixing concertina wire fencing with relevant misc. work Details
8Tender for maintenance of cables Details
8Tender for day to day civil works related Details
8Tender for appointment of project management unit Details
8Tender for repair and maintenance of 4-lane Details
8Tender for structural maintenance works Details
8Tender for supply and installation of street lights and additional lighting fixtures Details
8Tender for replacement of cable trays Details
8Tender for procurement of 13 chrome 7 inch premium casing and accessories Details
8Tender for work of erection, testing & commissioning of 132kV equipment, structure, control wiring, earthing etc. Details
8Tender for selection of roof top developer for setting up grid connected solar roof top plants Details
8Tender for protection work of TRC bund Details
8Tender for supply of 11kV fixed and moving contact and 22 kV fixed and moving contact Details
8Tender for supply of fixed contact for 22kV AB switch Details
8Tender for supply of indoor type 11 kV VCB panel Details
8Tender for Re-construction of existing 33 kV UG line Details
8Tender for construction of 33kV MVCC line Details
8Tender for construction of dedicated kV feeder Details
8Tender for heightening of LT lines Details
8Tender for procurement of 0.2 ACSR panther conductor Details
8Tender for supply of various steel sections Details
8Tender for supply of H-beam and RS joist Details
8Tender for supply of accessories for cable Details
8Tender for procurement of bulk acid storage tank (BAST) of HCL for DM plant Details
8Tender for procurement of spares for IAC installed Details
8Tender for procurement of spares of vacuum pump Details
8Tender for EPC package for repowering Details
8Tender for concertina fencing work along Details
8Tender for dredging/desilting of CW intake channel Details
8Tender for procurement of guard tube and miscellaneous items for boiler Details
8Tender for service contract for mechanical maintenance Details
8Tender for construction of 110kV GIS construction of transformer yard and fencing Details
8Tender for reconductoring LT OH line with LT ABC Details
8Tender for laying of UG cable Details
8Tender for dismantling of 150 kWp rooftop solar plant Details
8Tender for bay modifications at 400kV substation Details
8Tender for work of loading, unloading & transportation of EHV material/ equipments/scrap/oil barrels/oil tank Details
8Tender for work of overhauling / servicing of gear box, & rail alignment of gantry crane Details
8Tender for annual rate contract for preventive maintenance, defect attending & emergency work related to lighting system, LT motors Details
8Tender for providing RCC chamber with protection wall and cabin for installation of flow analyzer Details
8Tender for construction of RCC retaining wall Details
8Tender for supply of liquor ammonia for chemical lab Details
8Tender for supply, erection, testing and commissioning of 220V DC, 510AH, KBH, Ni-Cd type battery set Details
8Tender for procurement and installation of 145kV circuit breaker at 132kV substation Details
8Tender for work of complete plate electrode ground earthing works Details
8Tender for replacement of weasel conductor Details
8Tender for replacement & maintenance of DTR Details
8Tender for replacement of weasel conductor Details
8Tender for work of MRI of all 33 kV substation Details
8Tender for procurement of water wall rifled tube panel for 600MW Details
8Tender for procurement of high pressure water wall rifled tube suitable for 600mw boiler Details
8Tender for supply of MS bolt and nut 4half, 6 and 11 inch Details
8Tender for supply of 11kV AB switches 200 Amps with 11kV PT insulators Details
8Tender for execution of works with supply of materials for provision of 33 kV source feeder Details
8Tender for supply and works contract for conversion of existing overhead HT and LT lines Details
8Tender for procurement of water wall rifled tube panel Details
8Tender for work of upgradation of total 08 Nos. of existing lamp-based video projection unit Details
8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 50 MVA, 132- 110/33 kV T/F Details
8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 25 MVA, 132- 110/33 kV T/F Details
8Tender for replacement of RCC structure by lattice type structure of various Details
8Tender for supply of equipments / material, erection, testing and commissioning for the work of augmentation by replacement of existing 1x25 MVA, 132/33kV, T/f Details
8Tender for work of providing & fixing of medium voltage conductor cover tape, high voltage busbar insulation Details
8Tender for work of cleaning and up-keeping services at various substation Details
8Tender for work of AMC for overhauling /servicing /repairing of 33kV with the supply of required spares Details
8Tender for work of AMC for overhauling /servicing /repairing of 33kV with the supply of required spares at various Details
8Tender for work of AMC for overhauling /servicing /repairing of 33kV with the supply of required Details
8Tender for work of complete upgradation of existing ABB micro SCADA at 400kV switching substation Details
8Tender for maintenance of HT, LT line & TC work Details
8Design, supply, installation, testing, commissioning with comprehensive maintenance contract of 5 years for solar rooftop projects Details
8Tender for maintenance of HT, LT line & TC work Details
8Tender for erection work of LILO 66kV sub-station Details
8Tender for erection work of 66kV LILO line Details
8Tender for various civil works activities required Details
8Tender for work of overhauling & servicing of dampers for boiler Details
8Design, supply, installation, testing, commissioning with comprehensive maintenance contract of 5 years for solar rooftop projects Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Steel Industry Still Betting Big on Coal Despite Climate Targets: Report Details
8India’s Largest Coal Producer Dissolves Wholly Owned Solar Subsidiary; FII Stake Sees Marginal Increase Details
8Coal India shuts down solar manufacturing arm Details
8Coal-based steelmaking outpaces the industry’s low-emissions transition Details
8India Set to Hit 500 GW Renewable Energy Goal, Says Pralhad Joshi Details
8India’s RE deal value surges 5-fold to $2 bn in 2025; focus shifts to storage, grids: Joshi Details
8Hybrid energy systems: Combining solar, wind & storage for maximum efficiency Details
8India's Renewable Revolution: From Peripheral to Central Details
8Power Grid Challenges in India's Renewable Energy Push Details
8Joshi to meet Khattar on May 13; RE curtailment, transmission gaps on top of agenda Details
8Swadeshi Jagran Manch backs PM Modi’s call for austerity measures amid energy crisis Details
8Emrock Corp Secures Rs 104 Crore Solar Module Order for 24 MW Gujarat Project Details
8India's Green Energy Boom Hits Grid, Storage Hurdles Amid Trade Policy Shifts Details
8Credence Solar Secures BIS Approval for 744 Wp Modules, Boosting India’s High-Efficiency Solar Manufacturing Push Details
8India Auctions J&K Limestone to Boost Critical Mineral Supply Details
8India Eyes 100 GW Nuclear Power: KBL Strong, WIL/HCC Face Financial Risks Details
8India’s Renewables Sector Needs A Fundamental Reset Details
8Forum of Regulators Holds 100th Meeting, Marks 21 Years of Power Sector Coordination Details
8Adani Power Buys GVK Energy, Enters Hydro Sector; CCI Approves LEWL Merger Details
8India wants 100 GW of Nuclear Power. These 3 engineering stocks are already inside the Rs 20 lakh cr order pipeline Details
8What is driving the volatility in India's spot power prices Details
8India’s AI data-centre boom runs into a power and water reality check Details
8GE Power India Hits 5% Upper Circuit as Q4 Profit Soars 56% QoQ; Rs 7 Dividend Declared Details
8DVC Appoints Saurabh Sharma as Executive Director (HR), Strengthens Workforce and Organisational Strategy Details
8PESB Recommends Paresh R. Ranpara as Director (Personnel) of NHPC Limited After Competitive Selection Process Details
You can also click on Newsclips for more Details
Rs 329 crore coal logistics race reflects tighter pricing discipline in transport market
May 12:
8A major coal transportation package worth Rs 329 crore attracted aggressive competition from large logistics players, with a narrow pricing gap indicating sharper freight-risk assessment and tighter execution discipline.
8The outcome highlights how integrated coal logistics is emerging as a critical competitive differentiator in thermal power supply chains. Details
8The outcome highlights how integrated coal logistics is emerging as a critical competitive differentiator in thermal power supply chains. Details
Daily Power Sector Tenders Excel update
May 20:
8Daily Excel covering new tenders and all published updates including corrigendum, amendment, addendum, clarification and status revisions, along with technical and financial bid opening, evaluation completion and final award actions including AOC and LOA issuance.
Click on Reports for more Details
Click on Reports for more Details
Contracting news for the day
May 20:
8Storage tender raises entry barriers as utilities tighten control over long-duration projects
A new pumped storage procurement is signalling a tougher approach toward developer selection, financial discipline and lifecycle accountability. The structure combines strict security requirements with tariff-based competition, indicating that future long-duration storage contracts may increasingly favour financially strong.
8Floating solar tender revisions hint at tougher EPC accountability model
Repeated corrigenda and timeline extensions are gradually reshaping the risk profile of a major floating solar package. The evolving bid structure points toward tighter execution controls, stronger lifecycle obligations and increasing contractor-side exposure that may influence future industrial renewable EPC tenders.
8Transmission package advances as utilities tighten ultra-high-voltage execution timelines
A major transmission package is moving ahead even before the broader tariff-based bidding cycle reaches closure, signalling growing pressure on execution speed and mobilisation readiness. The bundled high-voltage scope and compressed delivery framework could reshape contractor pricing strategies, risk allocation and competitive positioning in future grid expansion projects.
8Hydro tunnelling tender evolves into high-risk underground execution contest
Multiple corrigenda and bidder clarification rounds are reshaping a major hydro civil package as concerns grow over qualification norms, logistics exposure and underground execution risks. The evolving structure highlights how large hydro developers are tightening risk transfer and contractor accountability in complex tunnelling projects.
8Large-scale storage bid sharpens focus on long-term developer accountability
A new battery storage procurement is placing greater emphasis on dispatch reliability, financial strength and lifecycle responsibility rather than simple asset installation. The BOO structure and tighter qualification filters indicate a broader shift toward utility-led storage models that push technology and performance risks deeper onto developers.
8Rs 525 crore distribution EPC package signals tighter utility control over contractor pricing
An ADB-backed distribution infrastructure package is revealing a tougher stance on aggressive bidding, cashflow management and execution accountability. The bid structure suggests utilities are increasingly designing EPC contracts to contain pricing distortions and reduce downstream project-delivery risks.
8Rs 117 crore residential infrastructure package tightens scrutiny on contractor eligibility
A strategic-sector township package is introducing stricter controls around execution credentials, consortium participation and completion validation. The evolving qualification structure signals a broader shift toward high-compliance contractor selection in sensitive infrastructure projects.
8Rs 966 crore distribution overhaul package signals tighter turnkey execution controls
An ADB-backed utility modernisation package is pushing greater operational accountability onto contractors through stricter turnkey execution conditions and tighter procurement discipline. The structure may favour financially and institutionally stronger EPC players as utilities seek tighter control over distribution project risks.
8Rs 5 crore bid-security transformer package reshapes technical qualification dynamics
A major transformer procurement is modifying how legacy short-circuit testing credentials can be used in bid qualification while maintaining strict supplier accountability. The revised structure combines technical flexibility with tighter financial and documentary exposure, potentially reshaping competition among large equipment manufacturers.
8Integrated balance-of-plant package sharpens execution risk in thermal EPC bidding
A new ash handling procurement is combining mechanical, electrical, control and civil infrastructure into a single high-accountability execution model. The integrated structure increases contractor-side coordination risk and may narrow participation to technically stronger EPC players with large-scale balance-of-plant experience.
8Township EPC package signals deeper shift in contractor-side utility risk allocation
A new thermal-linked township package is tightening how temporary utility responsibilities and execution liabilities are distributed during construction. The revised framework could significantly influence contractor pricing behaviour and future risk-sharing models in large utility infrastructure EPC contracts.
8Rs 148 crore cable procurement pushes deeper long-term risk onto suppliers
A major utility cable tender is combining reverse auction pressure with extended guarantee obligations to tighten supplier accountability well beyond standard procurement norms. The structure could reshape pricing behaviour, liquidity planning and future participation strategies among distribution equipment manufacturers. Details
A new pumped storage procurement is signalling a tougher approach toward developer selection, financial discipline and lifecycle accountability. The structure combines strict security requirements with tariff-based competition, indicating that future long-duration storage contracts may increasingly favour financially strong.
8Floating solar tender revisions hint at tougher EPC accountability model
Repeated corrigenda and timeline extensions are gradually reshaping the risk profile of a major floating solar package. The evolving bid structure points toward tighter execution controls, stronger lifecycle obligations and increasing contractor-side exposure that may influence future industrial renewable EPC tenders.
8Transmission package advances as utilities tighten ultra-high-voltage execution timelines
A major transmission package is moving ahead even before the broader tariff-based bidding cycle reaches closure, signalling growing pressure on execution speed and mobilisation readiness. The bundled high-voltage scope and compressed delivery framework could reshape contractor pricing strategies, risk allocation and competitive positioning in future grid expansion projects.
8Hydro tunnelling tender evolves into high-risk underground execution contest
Multiple corrigenda and bidder clarification rounds are reshaping a major hydro civil package as concerns grow over qualification norms, logistics exposure and underground execution risks. The evolving structure highlights how large hydro developers are tightening risk transfer and contractor accountability in complex tunnelling projects.
8Large-scale storage bid sharpens focus on long-term developer accountability
A new battery storage procurement is placing greater emphasis on dispatch reliability, financial strength and lifecycle responsibility rather than simple asset installation. The BOO structure and tighter qualification filters indicate a broader shift toward utility-led storage models that push technology and performance risks deeper onto developers.
8Rs 525 crore distribution EPC package signals tighter utility control over contractor pricing
An ADB-backed distribution infrastructure package is revealing a tougher stance on aggressive bidding, cashflow management and execution accountability. The bid structure suggests utilities are increasingly designing EPC contracts to contain pricing distortions and reduce downstream project-delivery risks.
8Rs 117 crore residential infrastructure package tightens scrutiny on contractor eligibility
A strategic-sector township package is introducing stricter controls around execution credentials, consortium participation and completion validation. The evolving qualification structure signals a broader shift toward high-compliance contractor selection in sensitive infrastructure projects.
8Rs 966 crore distribution overhaul package signals tighter turnkey execution controls
An ADB-backed utility modernisation package is pushing greater operational accountability onto contractors through stricter turnkey execution conditions and tighter procurement discipline. The structure may favour financially and institutionally stronger EPC players as utilities seek tighter control over distribution project risks.
8Rs 5 crore bid-security transformer package reshapes technical qualification dynamics
A major transformer procurement is modifying how legacy short-circuit testing credentials can be used in bid qualification while maintaining strict supplier accountability. The revised structure combines technical flexibility with tighter financial and documentary exposure, potentially reshaping competition among large equipment manufacturers.
8Integrated balance-of-plant package sharpens execution risk in thermal EPC bidding
A new ash handling procurement is combining mechanical, electrical, control and civil infrastructure into a single high-accountability execution model. The integrated structure increases contractor-side coordination risk and may narrow participation to technically stronger EPC players with large-scale balance-of-plant experience.
8Township EPC package signals deeper shift in contractor-side utility risk allocation
A new thermal-linked township package is tightening how temporary utility responsibilities and execution liabilities are distributed during construction. The revised framework could significantly influence contractor pricing behaviour and future risk-sharing models in large utility infrastructure EPC contracts.
8Rs 148 crore cable procurement pushes deeper long-term risk onto suppliers
A major utility cable tender is combining reverse auction pressure with extended guarantee obligations to tighten supplier accountability well beyond standard procurement norms. The structure could reshape pricing behaviour, liquidity planning and future participation strategies among distribution equipment manufacturers. Details
NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES
May 20:
COAL PRODUCTION & OFFTAKE
8India's thermal coal stock climbs to 51,983 TT on 18 May (24 days cover) across 222,698 MW fleet; 22 plants tagged critical, ICB capacity at 52% norm
India's daily coal stock position expanded to 51,982.7 thousand tonnes by May 18, 2026. Across 190 monitored coal-based thermal plants (combined capacity 2,22,698 MW), normative stock requirement is 75,271.4 TT for 24 days; actual stock cover is 69% of the norm. Of these, 22 plants are flagged critical — 11 domestic coal-based, 7 ICB-based, and 4 washery-reject based. ICB plants hold just 2,664.4 TT versus normative 5,086.6 TT — only 52% of requirement.
8CIL's linked-plant coal stock lands at 44,591.2 TT (19 days cover) on 17 May 2026 across 146 power stations; all-imports at just 496.1 TT
Coal India Limited's Marketing & Sales Division released the CEA-format Coal Stock Position as on May 17, 2026 across 146 thermal power stations linked with CIL/SCCL. Total stock of 44,591.2 TT against a daily requirement of 2,307.67 TT at 55% PLF gives a composite stock cover of 19 days. High-stock outliers include Rajiv Gandhi TPS (Haryana) holding 618.1 TT (53 days), Roopar TPS holding 466.9 TT (64 days), and Raghunathpur TPP 545.2 TT (50 days).
8Coal powers 96% of CEA thermal generation in May; cumulative coal output hits 1,83,558.94 MU in FY27 against 1,89,509.91 MU program
CEA's Sub-Report-17 shows all-India Thermal generation of 4,256.18 MU on May 18, 2026 (vs program 3,962.75 MU), led by Coal at 4,075.64 MU. For FY 2026-27 (April 1 - May 18), Coal cumulative is 1,83,558.94 MU against program 1,89,509.91 MU (-3.14%). Natural Gas trails significantly at 3,260.12 MU vs program 4,107.17 MU (-20.62%). Lignite cumulative is also below program at 4,388.21 MU vs 5,170.14 MU (-15.13%).
8CEA stranded fleet: I.P. CCPP units idle since January 2019, Giral TPS to be scrapped after 12 years out, DAE Rajasthan down since October 2004
CEA's outage trackers list dozens of thermal/nuclear units stranded for unusually long periods. Sub-Report-13 flags I.P. CCPP Units 3, 4 and 8 (30 MW each) under Reserve Shut Down since January 25, 2019; DAE Rajasthan Unit 1 down since October 9, 2004 (over 21 years) on Generator Earth Fault; Giral TPS Units 1 and 2 (125 MW each) likely to be scrapped — out since July 2014 and January 2016 respectively. Multiple plants are also flagged for 'No Fuel Supply Agreement' or 'No Power Purchase Agreement'.
8BgTPP's cumulative fuel oil compensation crosses 1.79 lakh MWh as Meghalaya bears largest beneficiary share in FY25
Palatana-based Barak Gas Thermal Power Plant (BgTPP, 750 MW) operated by NEEPCO recorded a cumulative energy eligible for secondary fuel oil compensation of 1,79,252 MWh through March 2025, with monthly compensation payouts ranging from Rs. 96,612 in April 2024 to Rs. 32.10 lakh in March 2025 under the ERPC framework. Meghalaya consistently carried the highest share of the shortfall compensation burden at 48%, followed by Manipur and Tripura. Details
8India's thermal coal stock climbs to 51,983 TT on 18 May (24 days cover) across 222,698 MW fleet; 22 plants tagged critical, ICB capacity at 52% norm
India's daily coal stock position expanded to 51,982.7 thousand tonnes by May 18, 2026. Across 190 monitored coal-based thermal plants (combined capacity 2,22,698 MW), normative stock requirement is 75,271.4 TT for 24 days; actual stock cover is 69% of the norm. Of these, 22 plants are flagged critical — 11 domestic coal-based, 7 ICB-based, and 4 washery-reject based. ICB plants hold just 2,664.4 TT versus normative 5,086.6 TT — only 52% of requirement.
8CIL's linked-plant coal stock lands at 44,591.2 TT (19 days cover) on 17 May 2026 across 146 power stations; all-imports at just 496.1 TT
Coal India Limited's Marketing & Sales Division released the CEA-format Coal Stock Position as on May 17, 2026 across 146 thermal power stations linked with CIL/SCCL. Total stock of 44,591.2 TT against a daily requirement of 2,307.67 TT at 55% PLF gives a composite stock cover of 19 days. High-stock outliers include Rajiv Gandhi TPS (Haryana) holding 618.1 TT (53 days), Roopar TPS holding 466.9 TT (64 days), and Raghunathpur TPP 545.2 TT (50 days).
8Coal powers 96% of CEA thermal generation in May; cumulative coal output hits 1,83,558.94 MU in FY27 against 1,89,509.91 MU program
CEA's Sub-Report-17 shows all-India Thermal generation of 4,256.18 MU on May 18, 2026 (vs program 3,962.75 MU), led by Coal at 4,075.64 MU. For FY 2026-27 (April 1 - May 18), Coal cumulative is 1,83,558.94 MU against program 1,89,509.91 MU (-3.14%). Natural Gas trails significantly at 3,260.12 MU vs program 4,107.17 MU (-20.62%). Lignite cumulative is also below program at 4,388.21 MU vs 5,170.14 MU (-15.13%).
8CEA stranded fleet: I.P. CCPP units idle since January 2019, Giral TPS to be scrapped after 12 years out, DAE Rajasthan down since October 2004
CEA's outage trackers list dozens of thermal/nuclear units stranded for unusually long periods. Sub-Report-13 flags I.P. CCPP Units 3, 4 and 8 (30 MW each) under Reserve Shut Down since January 25, 2019; DAE Rajasthan Unit 1 down since October 9, 2004 (over 21 years) on Generator Earth Fault; Giral TPS Units 1 and 2 (125 MW each) likely to be scrapped — out since July 2014 and January 2016 respectively. Multiple plants are also flagged for 'No Fuel Supply Agreement' or 'No Power Purchase Agreement'.
8BgTPP's cumulative fuel oil compensation crosses 1.79 lakh MWh as Meghalaya bears largest beneficiary share in FY25
Palatana-based Barak Gas Thermal Power Plant (BgTPP, 750 MW) operated by NEEPCO recorded a cumulative energy eligible for secondary fuel oil compensation of 1,79,252 MWh through March 2025, with monthly compensation payouts ranging from Rs. 96,612 in April 2024 to Rs. 32.10 lakh in March 2025 under the ERPC framework. Meghalaya consistently carried the highest share of the shortfall compensation burden at 48%, followed by Manipur and Tripura. Details
NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY
May 20:
PEAK DEMAND & GRID FREQUENCY
8Southern region meets 54,886 MW evening peak on May 19; Tamil Nadu tops at 17,920 MW, zero shortage reported
The Southern Region met a peak evening demand of 54,886 MW on May 19, 2026, with zero shortage — Andhra Pradesh at 10,953 MW, Karnataka at 11,131 MW, Tamil Nadu leading at 17,920 MW, Telangana at 9,609 MW, and Kerala at 4,833 MW. Total day energy met was 1,289.88 MUs. Krishnapatnam Power Station was the top thermal contributor at 1,727 MW, while Greenko's pumped storage added 426 MW to the regional grid.
8Western region meets record 73,715 MW evening peak on May 19; total day energy at 1,780.1 MUs, zero shortage
Grid Controller of India's Western Regional Load Despatch Centre logged an evening peak demand of 73,715 MW on May 19, 2026 — the highest among all regions — with zero shortage. Total day energy for the region was 1,780.1 MUs with no shortfall. Maharashtra reported ATC violations for 18 blocks, though no N-1 criteria violation breached beyond 3.1%. Chhattisgarh led state sector thermal generation at 50.5 MU.
8Northern region's Punjab faces 2.28 MU shortfall on May 19 amid 80,533 MW peak demand and 341 MW evening shortage
Grid Controller of India's Northern Regional Load Despatch Centre reported an evening peak demand of 80,533 MW on May 19, 2026 against a requirement of 80,874 MW — resulting in a 341 MW shortage. The day's total energy consumption was 1,861 MUs, with Punjab facing the maximum shortfall of 2.28 MUs. Rajasthan was the largest consumer at 15,143 MW peak, followed by Uttar Pradesh at 28,630 MW.
8National grid frequency averages 49.998 Hz on May 19; FDI at 18.8%, peak touches 50.222 Hz at 8:28 AM
The National Load Despatch Centre frequency profile for May 19, 2026 shows India's grid maintaining an average frequency of 49.998 Hz with a Frequency Deviation Index of 18.8% and a mileage of 45.3. The instantaneous maximum was 50.222 Hz at 08:28:10 and the minimum was 49.809 Hz at 11:31:30. The frequency remained within the 49.90-50.05 Hz band for 67.64% of the day, with 4 hours and 30 minutes spent outside the 49.9-50.05 Hz range.
8CEA logs all-India generation of 4,929.82 MU on 18 May 2026 — 7.6% above program; FY27 cumulative shortfall at 8,003.58 MU (-3.54%)
The Central Electricity Authority's Daily Generation Report shows all-India power generation of 4,929.82 MU on May 18, 2026 against a program of 4,580.40 MU — a positive deviation of 349.42 MU (+7.6%). Cumulative generation from April 1 through May 18 reached 2,17,847.34 MU vs a programmed 2,25,850.92 MU, leaving an FY 2026-27 cumulative shortfall of 8,003.58 MU (-3.54%). All-India Thermal generated 4,256.18 MU (+7.4%) and Nuclear 186.76 MU (+10.6%).
8Southern grid sees 11 forced transmission outages on May 19; Telangana bus bar protection trips four 400 kV lines
Grid Controller of India's Southern Regional Load Despatch Centre recorded 11 forced transmission outages on May 19, 2026, including a cascading bus bar protection trip at Shankarapally that simultaneously took down four 400 kV circuits — including APTRANSCO's Kethireddypally-Shankarapally-1 and TGTRANSCO's Maheshwaram-Shankarapally-1. Earlier, APTRANSCO's 400/220 kV Jammalamadugu ICT-1 and ICT-3 transformers also tripped due to mal-operation.
8India grid logs 2,370 MW forced central sector outages on May 19; NTPC Barh Unit 2 (660 MW) and Teesta HPS (1,110 MW) down
Grid Controller of India's NLDC generation outage report for May 19, 2026 shows 2,370 MW in forced central sector outages — led by NTPC's Barh Coal Unit 2 (660 MW) tripped on low air flow, and the Teesta HPS Stage III (six units, 1,200 MW combined) in Sikkim — all out since the October 2023 glacial lake outburst. State sector planned outages added 163.65 MW, predominantly OHPC hydro units in Odisha under scheduled maintenance.
8North-East region records 3,626 MW evening peak on May 19; Assam leads with 2,289 MW, Teesta outage leaves 0.35 MU shortfall
Grid Controller of India's North Eastern Regional Load Despatch Centre reported an evening peak demand of 3,626 MW met on May 19, 2026 with zero shortage, while off-peak demand stood at 1,909 MW. Total day energy for the region was 62.67 MUs. Assam was the largest consumer at 2,289 MW peak, followed by Meghalaya at 368 MW and Tripura at 327 MW. A residual shortfall of 0.35 MU was recorded in Assam.
8Eastern region powers through 32,144 MW evening peak on May 19; West Bengal dominates at 11,656 MW, tiny 0.06 MU shortfall
Grid Controller of India's Eastern Regional Load Despatch Centre recorded an evening peak demand of 32,144 MW on May 19, 2026 with zero shortage. The region's total day energy consumption was 723.76 MUs — a negligible shortfall of 0.06 MU recorded for Bihar. West Bengal led at 11,656 MW peak, followed by Bihar at 8,261 MW and Odisha at 6,479 MW. Thermal generation dominated the regional mix at 332.12 MUs of the 390.93 MU total state sector generation.
8India's national grid achieves zero ATC violation on all interregional corridors on May 19, 2026
Grid Controller of India's National Load Despatch Centre system reliability report for May 19, 2026 confirms zero Available Transfer Capacity violations and zero N-1 criteria violations on all five key inter-regional corridors — WR-NR, ER-NR, NR Import, NEW-SR, and NER Import — indicating stable and uncongested interregional power flow for the day across India's 3,10,724 MW monitored capacity base.
REGIONAL ENERGY ACCOUNT
8Southern region owes Rs. 179.29 crore to ERPC pool; BSPHCL's Rs. 40.30 crore DSM payable tops Eastern drawee list for May week
The Eastern Regional Power Committee's weekly deviation charge statement for May 4-10, 2026 shows Southern Region racking up Rs. 179.29 crore in DSM payable — the highest among all inter-regional entities — while Western Region recorded Rs. 155.97 crore in DSM receivable against a drawl surplus of 2,47,083 MWh. Bihar State Power Holding Company Ltd. led all Eastern drawees with Rs. 40.30 crore payable for a shortfall of 16,261 MWh against schedule.
8NTPC's BARH-I tops ERPC compensation chart at Rs. 5.82 crore in April 2026; West Bengal draws 71% of below-85% schedule shortfall payout
The Eastern Regional Power Committee's energy compensation statement for April 2026 shows NTPC's BARH-I (1,980 MW) commanding the highest payout at Rs. 5.82 crore for operating at 83.71% AUL, followed by NABINAGANR STPP at Rs. 4.41 crore and BARH-II at Rs. 4.67 crore. West Bengal absorbed 71.18% of all below-85%-schedule shortfall compensation across the Eastern Region's beneficiary states, drawing Rs. 3.64 crore from the FSTPS-I&II compensation alone.
8NR owes Rs. 28.17 crore to NERPC pool as Arunachal Pradesh and Mizoram face over Rs. 1 crore each in deviation penalties
The North-Eastern Regional Power Committee ABT deviation charge statement for the week of April 27 to May 3, 2026 shows a total pool balance of Rs. 5.09 crore (surplus), with Northern Region emerging as the single largest payable entity at Rs. 28.17 crore. Arunachal Pradesh clocked a net receivable of Rs. 1.15 crore and Mizoram Rs. 93.84 lakh — both under-drawing against schedule — while Assam and Manipur drew excess power and owe Rs. 1.11 crore and Rs. 55.69 lakh respectively.
8SOLAPUR dominates WRPC SRAS pool as Western region logs Rs. 72.55 lakh net receivable in ancillary energy week
Western Regional Power Committee's Secondary Reserve Ancillary Service account for the week of May 4-10, 2026 recorded a net pool settlement of Rs. 72.55 lakh, with SOLAPUR emerging as the single biggest earner at Rs. 93.09 lakh receivable after contributing 2,861 MWh of regulation-up energy. The TRAS account for the same period logged a gross shortfall-condition compensation of Rs. 5.41 crore in up-regulation and Rs. 7.37 crore in down-regulation across 28 ISTS generators.
8BSPHCL racks up Rs. 7.37 crore DSM payable on 10 May alone as 44-entity ERPC block-wise deviation report lays bare grid indiscipline
Grid Controller of India's Eastern Region block-wise deviation report for the week of May 4-10, 2026, covering 44 entities including BSPHCL, DVC, GRIDCO, WBSETCL and JBVNL, reveals that BSPHCL alone incurred Rs. 7.37 crore in DSM payable on May 10 on a net deviation of -479 MWh, with total weekly DSM payable aggregating Rs. 40.30 crore. Deviations at times exceeded 5,400 MWh on a single day (May 6), with DSM rates ranging from 436 to 1,000 paise/kWh.
8WRLDC issues final commercial schedule data for 04-10 May week; entities given 15-day window to flag discrepancies
The Western Regional Load Despatch Centre, under Grid Controller of India Limited, circulated the final DSM settlement and schedule data for the billing week from May 4 to May 10, 2026, covering all Western Region generators, state drawees, and ancillary service participants. Issued under reference No. WRPC/Comml.-I/4/ABTDSM/2026/5.1, the statement incorporates DSM, TRAS, SCUC, SCED and AVC accounts. All regional entities have been granted a 15-day window to report discrepancies.
8Gujarat leads Western region VAR compensation at Rs. 12.59 lakh as GADARWARA posts Rs. 37 lakh reactive receivable
The Western Regional Power Committee's reactive energy (VARh) charge statement for the week of May 4-10, 2026 reveals Gujarat as the top SEB beneficiary with a net receivable of Rs. 12.59 lakh from the pool, followed by Maharashtra at Rs. 26.31 lakh. On the generation side, NTPC's GADARWARA station leads all generators with Rs. 37.04 lakh receivable due to high-voltage reactive energy injection, while GANDHAR and KAWAS registered net payable positions.
OCC MEETINGS & OUTAGE PLANNING
8Grid-India SCUC schedules 68,581 MWh up-reserve and 62,826 MWh down-reserve for May 19; North Karanpura STPS at 959 MW tops list
Grid Controller of India's National Load Despatch Centre dispatched 68,581 MWh of SCUC-Up and 62,826 MWh of SCUC-Down reserves across the grid on May 19, 2026. North Karanpura STPS led the SCUC schedule at 959.12 MW with an energy charge rate of 208.8 paise/kWh, followed by NPGC at 966 MW (290.9 paise/kWh) and Kahalgaon Stage 2 at 649 MW (288.3 paise/kWh). Gas plants including RGPPL-RLNG and Kawas remained on standby at zero schedule.
8CEA capacity availability: 42,951.88 MW (13.82%) under outage across India on 18 May; Northern region posts largest forced outage of 8,134.06 MW
CEA's Sub-Report-3 puts all-India monitored capacity at 3,10,723.79 MW on May 18, 2026, of which 42,951.88 MW (13.82%) was under outage — leaving 2,67,771.91 MW available online. Planned Maintenance accounted for 4,880.90 MW and Forced Outage for 28,204.91 MW. The Northern region had the largest forced outage of 8,134.06 MW, leaving 68,680.14 MW online from a monitored 81,716.72 MW. The Western region recorded outages of 14,064.10 MW.
8CEA maintenance tracker: Talwandi Sabo Unit 3 (660 MW) forced out from 16 May for abnormal boiler parameters; Anpara Unit 7 (500 MW) down on economiser tube leakage
CEA's combined daily maintenance reports for May 18, 2026 list forced outages of multiple 500+ MW units. Talwandi Sabo TPP Unit 3 (Punjab, 660 MW) was forced out from May 16 at 22:00 hrs for abnormal boiler operational parameters; Anpara TPS Unit 7 (UP, 500 MW) tripped on May 18 at 10:30 for economiser tube leakage; North Karanpura TPP Unit 2 (Jharkhand, 660 MW) at 12:50 for condensate pump problem; and Kalisindh TPS Unit 1 (Rajasthan, 600 MW) at 22:49 for superheater tube leakage.
8CEA recommissions 6,380.55 MW of thermal/nuclear units on 18 May 2026; Sagardighi TPS 660 MW and Talcher STPS 500 MW back after air preheater & electrical faults
CEA's Sub-Report-14 records the recommissioning of 27 thermal/nuclear units totalling 6,380.55 MW on May 18, 2026. The biggest sync-ins include Sagardighi TPS Unit 5 (660 MW) re-synced at 05:09 hrs after Air Preheater Problem, Damodaram Sanjeevaiah TPS Unit 3 (800 MW) at 19:10 after Water Wall Tube Leakage, Vizag TPP Unit 2 (520 MW) at 11:25 after Water Wall Tube Leakage, and Talcher STPS Unit 6 (500 MW) at 19:12 after Electrical Miscellaneous Problems. Details
8Southern region meets 54,886 MW evening peak on May 19; Tamil Nadu tops at 17,920 MW, zero shortage reported
The Southern Region met a peak evening demand of 54,886 MW on May 19, 2026, with zero shortage — Andhra Pradesh at 10,953 MW, Karnataka at 11,131 MW, Tamil Nadu leading at 17,920 MW, Telangana at 9,609 MW, and Kerala at 4,833 MW. Total day energy met was 1,289.88 MUs. Krishnapatnam Power Station was the top thermal contributor at 1,727 MW, while Greenko's pumped storage added 426 MW to the regional grid.
8Western region meets record 73,715 MW evening peak on May 19; total day energy at 1,780.1 MUs, zero shortage
Grid Controller of India's Western Regional Load Despatch Centre logged an evening peak demand of 73,715 MW on May 19, 2026 — the highest among all regions — with zero shortage. Total day energy for the region was 1,780.1 MUs with no shortfall. Maharashtra reported ATC violations for 18 blocks, though no N-1 criteria violation breached beyond 3.1%. Chhattisgarh led state sector thermal generation at 50.5 MU.
8Northern region's Punjab faces 2.28 MU shortfall on May 19 amid 80,533 MW peak demand and 341 MW evening shortage
Grid Controller of India's Northern Regional Load Despatch Centre reported an evening peak demand of 80,533 MW on May 19, 2026 against a requirement of 80,874 MW — resulting in a 341 MW shortage. The day's total energy consumption was 1,861 MUs, with Punjab facing the maximum shortfall of 2.28 MUs. Rajasthan was the largest consumer at 15,143 MW peak, followed by Uttar Pradesh at 28,630 MW.
8National grid frequency averages 49.998 Hz on May 19; FDI at 18.8%, peak touches 50.222 Hz at 8:28 AM
The National Load Despatch Centre frequency profile for May 19, 2026 shows India's grid maintaining an average frequency of 49.998 Hz with a Frequency Deviation Index of 18.8% and a mileage of 45.3. The instantaneous maximum was 50.222 Hz at 08:28:10 and the minimum was 49.809 Hz at 11:31:30. The frequency remained within the 49.90-50.05 Hz band for 67.64% of the day, with 4 hours and 30 minutes spent outside the 49.9-50.05 Hz range.
8CEA logs all-India generation of 4,929.82 MU on 18 May 2026 — 7.6% above program; FY27 cumulative shortfall at 8,003.58 MU (-3.54%)
The Central Electricity Authority's Daily Generation Report shows all-India power generation of 4,929.82 MU on May 18, 2026 against a program of 4,580.40 MU — a positive deviation of 349.42 MU (+7.6%). Cumulative generation from April 1 through May 18 reached 2,17,847.34 MU vs a programmed 2,25,850.92 MU, leaving an FY 2026-27 cumulative shortfall of 8,003.58 MU (-3.54%). All-India Thermal generated 4,256.18 MU (+7.4%) and Nuclear 186.76 MU (+10.6%).
8Southern grid sees 11 forced transmission outages on May 19; Telangana bus bar protection trips four 400 kV lines
Grid Controller of India's Southern Regional Load Despatch Centre recorded 11 forced transmission outages on May 19, 2026, including a cascading bus bar protection trip at Shankarapally that simultaneously took down four 400 kV circuits — including APTRANSCO's Kethireddypally-Shankarapally-1 and TGTRANSCO's Maheshwaram-Shankarapally-1. Earlier, APTRANSCO's 400/220 kV Jammalamadugu ICT-1 and ICT-3 transformers also tripped due to mal-operation.
8India grid logs 2,370 MW forced central sector outages on May 19; NTPC Barh Unit 2 (660 MW) and Teesta HPS (1,110 MW) down
Grid Controller of India's NLDC generation outage report for May 19, 2026 shows 2,370 MW in forced central sector outages — led by NTPC's Barh Coal Unit 2 (660 MW) tripped on low air flow, and the Teesta HPS Stage III (six units, 1,200 MW combined) in Sikkim — all out since the October 2023 glacial lake outburst. State sector planned outages added 163.65 MW, predominantly OHPC hydro units in Odisha under scheduled maintenance.
8North-East region records 3,626 MW evening peak on May 19; Assam leads with 2,289 MW, Teesta outage leaves 0.35 MU shortfall
Grid Controller of India's North Eastern Regional Load Despatch Centre reported an evening peak demand of 3,626 MW met on May 19, 2026 with zero shortage, while off-peak demand stood at 1,909 MW. Total day energy for the region was 62.67 MUs. Assam was the largest consumer at 2,289 MW peak, followed by Meghalaya at 368 MW and Tripura at 327 MW. A residual shortfall of 0.35 MU was recorded in Assam.
8Eastern region powers through 32,144 MW evening peak on May 19; West Bengal dominates at 11,656 MW, tiny 0.06 MU shortfall
Grid Controller of India's Eastern Regional Load Despatch Centre recorded an evening peak demand of 32,144 MW on May 19, 2026 with zero shortage. The region's total day energy consumption was 723.76 MUs — a negligible shortfall of 0.06 MU recorded for Bihar. West Bengal led at 11,656 MW peak, followed by Bihar at 8,261 MW and Odisha at 6,479 MW. Thermal generation dominated the regional mix at 332.12 MUs of the 390.93 MU total state sector generation.
8India's national grid achieves zero ATC violation on all interregional corridors on May 19, 2026
Grid Controller of India's National Load Despatch Centre system reliability report for May 19, 2026 confirms zero Available Transfer Capacity violations and zero N-1 criteria violations on all five key inter-regional corridors — WR-NR, ER-NR, NR Import, NEW-SR, and NER Import — indicating stable and uncongested interregional power flow for the day across India's 3,10,724 MW monitored capacity base.
REGIONAL ENERGY ACCOUNT
8Southern region owes Rs. 179.29 crore to ERPC pool; BSPHCL's Rs. 40.30 crore DSM payable tops Eastern drawee list for May week
The Eastern Regional Power Committee's weekly deviation charge statement for May 4-10, 2026 shows Southern Region racking up Rs. 179.29 crore in DSM payable — the highest among all inter-regional entities — while Western Region recorded Rs. 155.97 crore in DSM receivable against a drawl surplus of 2,47,083 MWh. Bihar State Power Holding Company Ltd. led all Eastern drawees with Rs. 40.30 crore payable for a shortfall of 16,261 MWh against schedule.
8NTPC's BARH-I tops ERPC compensation chart at Rs. 5.82 crore in April 2026; West Bengal draws 71% of below-85% schedule shortfall payout
The Eastern Regional Power Committee's energy compensation statement for April 2026 shows NTPC's BARH-I (1,980 MW) commanding the highest payout at Rs. 5.82 crore for operating at 83.71% AUL, followed by NABINAGANR STPP at Rs. 4.41 crore and BARH-II at Rs. 4.67 crore. West Bengal absorbed 71.18% of all below-85%-schedule shortfall compensation across the Eastern Region's beneficiary states, drawing Rs. 3.64 crore from the FSTPS-I&II compensation alone.
8NR owes Rs. 28.17 crore to NERPC pool as Arunachal Pradesh and Mizoram face over Rs. 1 crore each in deviation penalties
The North-Eastern Regional Power Committee ABT deviation charge statement for the week of April 27 to May 3, 2026 shows a total pool balance of Rs. 5.09 crore (surplus), with Northern Region emerging as the single largest payable entity at Rs. 28.17 crore. Arunachal Pradesh clocked a net receivable of Rs. 1.15 crore and Mizoram Rs. 93.84 lakh — both under-drawing against schedule — while Assam and Manipur drew excess power and owe Rs. 1.11 crore and Rs. 55.69 lakh respectively.
8SOLAPUR dominates WRPC SRAS pool as Western region logs Rs. 72.55 lakh net receivable in ancillary energy week
Western Regional Power Committee's Secondary Reserve Ancillary Service account for the week of May 4-10, 2026 recorded a net pool settlement of Rs. 72.55 lakh, with SOLAPUR emerging as the single biggest earner at Rs. 93.09 lakh receivable after contributing 2,861 MWh of regulation-up energy. The TRAS account for the same period logged a gross shortfall-condition compensation of Rs. 5.41 crore in up-regulation and Rs. 7.37 crore in down-regulation across 28 ISTS generators.
8BSPHCL racks up Rs. 7.37 crore DSM payable on 10 May alone as 44-entity ERPC block-wise deviation report lays bare grid indiscipline
Grid Controller of India's Eastern Region block-wise deviation report for the week of May 4-10, 2026, covering 44 entities including BSPHCL, DVC, GRIDCO, WBSETCL and JBVNL, reveals that BSPHCL alone incurred Rs. 7.37 crore in DSM payable on May 10 on a net deviation of -479 MWh, with total weekly DSM payable aggregating Rs. 40.30 crore. Deviations at times exceeded 5,400 MWh on a single day (May 6), with DSM rates ranging from 436 to 1,000 paise/kWh.
8WRLDC issues final commercial schedule data for 04-10 May week; entities given 15-day window to flag discrepancies
The Western Regional Load Despatch Centre, under Grid Controller of India Limited, circulated the final DSM settlement and schedule data for the billing week from May 4 to May 10, 2026, covering all Western Region generators, state drawees, and ancillary service participants. Issued under reference No. WRPC/Comml.-I/4/ABTDSM/2026/5.1, the statement incorporates DSM, TRAS, SCUC, SCED and AVC accounts. All regional entities have been granted a 15-day window to report discrepancies.
8Gujarat leads Western region VAR compensation at Rs. 12.59 lakh as GADARWARA posts Rs. 37 lakh reactive receivable
The Western Regional Power Committee's reactive energy (VARh) charge statement for the week of May 4-10, 2026 reveals Gujarat as the top SEB beneficiary with a net receivable of Rs. 12.59 lakh from the pool, followed by Maharashtra at Rs. 26.31 lakh. On the generation side, NTPC's GADARWARA station leads all generators with Rs. 37.04 lakh receivable due to high-voltage reactive energy injection, while GANDHAR and KAWAS registered net payable positions.
OCC MEETINGS & OUTAGE PLANNING
8Grid-India SCUC schedules 68,581 MWh up-reserve and 62,826 MWh down-reserve for May 19; North Karanpura STPS at 959 MW tops list
Grid Controller of India's National Load Despatch Centre dispatched 68,581 MWh of SCUC-Up and 62,826 MWh of SCUC-Down reserves across the grid on May 19, 2026. North Karanpura STPS led the SCUC schedule at 959.12 MW with an energy charge rate of 208.8 paise/kWh, followed by NPGC at 966 MW (290.9 paise/kWh) and Kahalgaon Stage 2 at 649 MW (288.3 paise/kWh). Gas plants including RGPPL-RLNG and Kawas remained on standby at zero schedule.
8CEA capacity availability: 42,951.88 MW (13.82%) under outage across India on 18 May; Northern region posts largest forced outage of 8,134.06 MW
CEA's Sub-Report-3 puts all-India monitored capacity at 3,10,723.79 MW on May 18, 2026, of which 42,951.88 MW (13.82%) was under outage — leaving 2,67,771.91 MW available online. Planned Maintenance accounted for 4,880.90 MW and Forced Outage for 28,204.91 MW. The Northern region had the largest forced outage of 8,134.06 MW, leaving 68,680.14 MW online from a monitored 81,716.72 MW. The Western region recorded outages of 14,064.10 MW.
8CEA maintenance tracker: Talwandi Sabo Unit 3 (660 MW) forced out from 16 May for abnormal boiler parameters; Anpara Unit 7 (500 MW) down on economiser tube leakage
CEA's combined daily maintenance reports for May 18, 2026 list forced outages of multiple 500+ MW units. Talwandi Sabo TPP Unit 3 (Punjab, 660 MW) was forced out from May 16 at 22:00 hrs for abnormal boiler operational parameters; Anpara TPS Unit 7 (UP, 500 MW) tripped on May 18 at 10:30 for economiser tube leakage; North Karanpura TPP Unit 2 (Jharkhand, 660 MW) at 12:50 for condensate pump problem; and Kalisindh TPS Unit 1 (Rajasthan, 600 MW) at 22:49 for superheater tube leakage.
8CEA recommissions 6,380.55 MW of thermal/nuclear units on 18 May 2026; Sagardighi TPS 660 MW and Talcher STPS 500 MW back after air preheater & electrical faults
CEA's Sub-Report-14 records the recommissioning of 27 thermal/nuclear units totalling 6,380.55 MW on May 18, 2026. The biggest sync-ins include Sagardighi TPS Unit 5 (660 MW) re-synced at 05:09 hrs after Air Preheater Problem, Damodaram Sanjeevaiah TPS Unit 3 (800 MW) at 19:10 after Water Wall Tube Leakage, Vizag TPP Unit 2 (520 MW) at 11:25 after Water Wall Tube Leakage, and Talcher STPS Unit 6 (500 MW) at 19:12 after Electrical Miscellaneous Problems. Details
NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS
May 20:
MINISTRY OF POWER
8Cabinet approves Rs. 37,500-crore surface coal/lignite gasification scheme targeting 100 MT gasification by 2030
The Union Cabinet approved a Scheme for Promotion of Surface Coal/Lignite Gasification Projects with a financial outlay of Rs. 37,500 crore to advance the national target of gasifying 100 Million Tonnes of coal by 2030 and reduce reliance on imported LNG, urea, ammonia and methanol. The scheme offers financial incentives of up to 20% of the cost of Plant and Machinery, disbursed in four equal instalments. Per-project incentive is capped at Rs. 5,000 crore and per-entity-group at Rs. 12,000 crore.
8Coal MoS Satish Chandra Dubey visits ECL's Kunustoria Area; praises FY 2025-26 performance despite operational challenges
Union Minister of State for Coal and Mines Shri Satish Chandra Dubey visited Eastern Coalfields Limited on May 13, 2026, touring the Kunustoria Area where he was received by CMD Shri Satish Jha and Directors including Director (Finance) Md. Anzar Alam. The Minister emphasised balancing coal production with environmental responsibility, urged adoption of modern sustainable mining practices, and congratulated Team ECL for commendable performance during FY 2025-26 despite operational challenges.
8MoS Dubey inspects Belgaria Township rehabilitation under Jharia Master Plan; lays foundation for BCCL livelihood project in Dhanbad
Union MoS for Coal and Mines Shri Satish Chandra Dubey visited Dhanbad on May 13, 2026, inspecting rehabilitation works at Belgaria Township and chairing a review meeting at BCCL Headquarters. He reviewed progress for fire-affected families from the Jharia coalfield region being resettled under the Jharia Master Plan, laid the foundation stone of a BCCL livelihood and employment generation project, and distributed benefits to eligible families, directing agencies to ensure timely execution.
8CMPDIL and MECL sign MoU on mineral exploration during MoS Dubey's Ranchi review of FY 2025-26 performance
Union MoS for Coal and Mines Shri Satish Chandra Dubey chaired a review meeting on May 14, 2026 at Ranchi to assess the performance of Central Mine Planning & Design Institute Limited. The meeting reviewed CMPDI's FY 2025-26 performance across exploration, R&D, CSR and solar projects. CMPDIL signed a Memorandum of Understanding with Mineral Exploration and Consultancy Limited to facilitate cooperation in coal and mineral exploration, while the Minister stressed clean coal technologies and mine closure sustainability.
CEA & GRID STANDARDS
8CEA tracks 60 hydro R&M schemes totalling 10,313.68 MW; programmes 26 schemes (4,884.52 MW LE+U) for 2022-27 and 34 schemes for 2027-32
The Central Electricity Authority's Hydro Engineering & Technology Development and R&M Division released its Quarterly Progress Report for January-March 2026 tracking 60 hydro R&M/LE/U schemes across India. The programme totals an aggregated benefit of 10,313.68 MW, of which 4,884.52 MW is targeted for completion during 2022-27 across 26 schemes. A further 34 schemes totalling 4,908.20 MW are programmed for 2027-32 covering NHPC, BBMB, PSPCL, UJVNL and multiple state generators.
8NRPC's 68th Protection Sub-Committee to address process bus rollout at Prayagraj, Mandola & Meerut substations on May 22
The Northern Regional Power Committee convened the 68th meeting of its Protection Sub-Committee for May 22, 2026 via video conferencing, with an 18-item agenda including IEC 61850-9-2 Process Bus implementation at POWERGRID substations in Prayagraj, Mandola, Hissar, Meerut, and Ballabgarh. The agenda also covers a 220 kV Special Protection Scheme at NHPC's Baiya 600 MW sub-station proposed by Adani Green Energy Limited and the Agra 400 kV bus fault level increase.
8Eastern grid hit by 13 grid disturbances in April 2026; ERPC's 158th PCC flags repeat trippings at Tenughat, JSPL and Bidhannagar
The Eastern Regional Power Committee's 158th Protection Coordination Committee meeting held on May 12, 2026 reviewed 13 grid disturbances across the Eastern Region in April 2026, including incidents at 400/220 kV Tenughat on April 19, 220 kV Bidhannagar on April 2, and 400 kV JSPL-ACPP-II on April 6. Multiple ICT trippings, bus-bar failures, and a Latehar substation multi-element trip on April 24 were discussed, signalling systemic protection vulnerabilities at key WBSETCL and BSPTCL interfaces.
8ERPC's 56th TCC meet in Gangtok to greenlight 765 kV Nawada-Durgapur corridor and review Odisha's FGD compliance with NTPC
The Eastern Regional Power Committee is convening its 56th Technical Coordination Committee meeting on May 25, 2026 in Gangtok, Sikkim, with a 28-point agenda including green-lighting the proposed 765 kV Nawada-Durgapur-Jeerat corridor. The meeting will also review Phase-I compliance for CEA's Flexible Operation Regulations, 2023 and deliberate on GRIDCO's demand for a FGD compliance review for NTPC Category-C projects in Odisha, besides listing AMR system AMC renewal for 2026-29 as a priority agenda item.
8SRPC schedules 70th communication equipment outage coordination meet for May 25; Kaiga nuclear plant included in stakeholder list
The Southern Regional Power Committee issued the agenda for its 70th Communication Equipment Outage Coordination meeting scheduled for May 25, 2026 via video conferencing at 10:30 hrs. The meeting will review planned outages across Southern Region communication infrastructure, with notable invitees including NTPC Kaiga Gas Stage-I and Stage-II, highlighting the integration of nuclear and thermal generation assets into the broader Southern grid communication management ecosystem.
8NRPC circulates minutes of 30th TeST Sub-Committee meet; cyber security and AMR upgrades dominate telecom agenda for Northern grid
The Northern Regional Power Committee circulated the minutes of its 30th Telecommunication, SCADA and Telemetry Sub-Committee meeting held on April 10, 2026 in New Delhi, covering critical grid communication infrastructure updates for the Northern Region. The meeting addressed SCADA/EMS upgrades, Annual Maintenance Contract renewals for AMR systems, and compliance with CEA Cyber Security regulations — issues directly impacting the operational resilience of Northern India's high-voltage transmission backbone. Details
8Cabinet approves Rs. 37,500-crore surface coal/lignite gasification scheme targeting 100 MT gasification by 2030
The Union Cabinet approved a Scheme for Promotion of Surface Coal/Lignite Gasification Projects with a financial outlay of Rs. 37,500 crore to advance the national target of gasifying 100 Million Tonnes of coal by 2030 and reduce reliance on imported LNG, urea, ammonia and methanol. The scheme offers financial incentives of up to 20% of the cost of Plant and Machinery, disbursed in four equal instalments. Per-project incentive is capped at Rs. 5,000 crore and per-entity-group at Rs. 12,000 crore.
8Coal MoS Satish Chandra Dubey visits ECL's Kunustoria Area; praises FY 2025-26 performance despite operational challenges
Union Minister of State for Coal and Mines Shri Satish Chandra Dubey visited Eastern Coalfields Limited on May 13, 2026, touring the Kunustoria Area where he was received by CMD Shri Satish Jha and Directors including Director (Finance) Md. Anzar Alam. The Minister emphasised balancing coal production with environmental responsibility, urged adoption of modern sustainable mining practices, and congratulated Team ECL for commendable performance during FY 2025-26 despite operational challenges.
8MoS Dubey inspects Belgaria Township rehabilitation under Jharia Master Plan; lays foundation for BCCL livelihood project in Dhanbad
Union MoS for Coal and Mines Shri Satish Chandra Dubey visited Dhanbad on May 13, 2026, inspecting rehabilitation works at Belgaria Township and chairing a review meeting at BCCL Headquarters. He reviewed progress for fire-affected families from the Jharia coalfield region being resettled under the Jharia Master Plan, laid the foundation stone of a BCCL livelihood and employment generation project, and distributed benefits to eligible families, directing agencies to ensure timely execution.
8CMPDIL and MECL sign MoU on mineral exploration during MoS Dubey's Ranchi review of FY 2025-26 performance
Union MoS for Coal and Mines Shri Satish Chandra Dubey chaired a review meeting on May 14, 2026 at Ranchi to assess the performance of Central Mine Planning & Design Institute Limited. The meeting reviewed CMPDI's FY 2025-26 performance across exploration, R&D, CSR and solar projects. CMPDIL signed a Memorandum of Understanding with Mineral Exploration and Consultancy Limited to facilitate cooperation in coal and mineral exploration, while the Minister stressed clean coal technologies and mine closure sustainability.
CEA & GRID STANDARDS
8CEA tracks 60 hydro R&M schemes totalling 10,313.68 MW; programmes 26 schemes (4,884.52 MW LE+U) for 2022-27 and 34 schemes for 2027-32
The Central Electricity Authority's Hydro Engineering & Technology Development and R&M Division released its Quarterly Progress Report for January-March 2026 tracking 60 hydro R&M/LE/U schemes across India. The programme totals an aggregated benefit of 10,313.68 MW, of which 4,884.52 MW is targeted for completion during 2022-27 across 26 schemes. A further 34 schemes totalling 4,908.20 MW are programmed for 2027-32 covering NHPC, BBMB, PSPCL, UJVNL and multiple state generators.
8NRPC's 68th Protection Sub-Committee to address process bus rollout at Prayagraj, Mandola & Meerut substations on May 22
The Northern Regional Power Committee convened the 68th meeting of its Protection Sub-Committee for May 22, 2026 via video conferencing, with an 18-item agenda including IEC 61850-9-2 Process Bus implementation at POWERGRID substations in Prayagraj, Mandola, Hissar, Meerut, and Ballabgarh. The agenda also covers a 220 kV Special Protection Scheme at NHPC's Baiya 600 MW sub-station proposed by Adani Green Energy Limited and the Agra 400 kV bus fault level increase.
8Eastern grid hit by 13 grid disturbances in April 2026; ERPC's 158th PCC flags repeat trippings at Tenughat, JSPL and Bidhannagar
The Eastern Regional Power Committee's 158th Protection Coordination Committee meeting held on May 12, 2026 reviewed 13 grid disturbances across the Eastern Region in April 2026, including incidents at 400/220 kV Tenughat on April 19, 220 kV Bidhannagar on April 2, and 400 kV JSPL-ACPP-II on April 6. Multiple ICT trippings, bus-bar failures, and a Latehar substation multi-element trip on April 24 were discussed, signalling systemic protection vulnerabilities at key WBSETCL and BSPTCL interfaces.
8ERPC's 56th TCC meet in Gangtok to greenlight 765 kV Nawada-Durgapur corridor and review Odisha's FGD compliance with NTPC
The Eastern Regional Power Committee is convening its 56th Technical Coordination Committee meeting on May 25, 2026 in Gangtok, Sikkim, with a 28-point agenda including green-lighting the proposed 765 kV Nawada-Durgapur-Jeerat corridor. The meeting will also review Phase-I compliance for CEA's Flexible Operation Regulations, 2023 and deliberate on GRIDCO's demand for a FGD compliance review for NTPC Category-C projects in Odisha, besides listing AMR system AMC renewal for 2026-29 as a priority agenda item.
8SRPC schedules 70th communication equipment outage coordination meet for May 25; Kaiga nuclear plant included in stakeholder list
The Southern Regional Power Committee issued the agenda for its 70th Communication Equipment Outage Coordination meeting scheduled for May 25, 2026 via video conferencing at 10:30 hrs. The meeting will review planned outages across Southern Region communication infrastructure, with notable invitees including NTPC Kaiga Gas Stage-I and Stage-II, highlighting the integration of nuclear and thermal generation assets into the broader Southern grid communication management ecosystem.
8NRPC circulates minutes of 30th TeST Sub-Committee meet; cyber security and AMR upgrades dominate telecom agenda for Northern grid
The Northern Regional Power Committee circulated the minutes of its 30th Telecommunication, SCADA and Telemetry Sub-Committee meeting held on April 10, 2026 in New Delhi, covering critical grid communication infrastructure updates for the Northern Region. The meeting addressed SCADA/EMS upgrades, Annual Maintenance Contract renewals for AMR systems, and compliance with CEA Cyber Security regulations — issues directly impacting the operational resilience of Northern India's high-voltage transmission backbone. Details
NEWS UPDATE: RENEWABLE ENERGY
May 20:
SOLAR POWER
8India's RE daily output hits 996.33 MU on 18 May 2026 (solar 672.17 + wind 296.45 MU); Rajasthan leads with 308.94 MU and Gujarat 275.52 MU
CEA's Daily Renewable Generation Report dated May 18, 2026 shows all-India renewable generation of 996.33 MU — comprising Wind 296.45 MU, Solar 672.17 MU and Bio/Bagasse/Other Small RES 27.71 MU. Rajasthan led with 308.94 MU (wind 59.58 + solar 246.47 MU) and a cumulative 4,489.12 MU during May 2026, while Gujarat produced 275.52 MU. Cumulatively during May 2026, India has generated 16,735.41 MU of renewable energy.
8Solar hours deliver 27.67% VRE penetration on all-India grid on May 18; max wind+solar breaches 71 GW
India's National Load Despatch Centre Renewable Energy Management Centre data for May 18, 2026 reveals that during solar hours (06:00-18:00), Variable Renewable Energy (wind + solar) penetration touched 27.67% of all-India demand met — with solar contributing 22.42% and wind 5.25% — against a total demand of 2,57,370 MUs. During non-solar hours, only wind power at 5.84% was available as VRE. Maximum VRE generation for the day reached 14,433 MW.
8India curtailed 300 GWh of renewable energy in Q1 2026 due to transmission constraints; 20 GW capacity faces connectivity delays
A research report published May 19, 2026 reveals that India curtailed 300 GWh of renewable energy in Q1 2026 (January-March) due to transmission constraints — nearly two-thirds of all national grid curtailment. Additionally, 25% of transmission projects planned for completion by FY2026-27 are delayed by more than one year, while 20 GW of renewable capacity is expected to face grid connectivity delays of over four months in FY2026-27, calling for urgent planning reforms.
8NDMC's FY 2023-24 power purchase records reveal Delhi MSW Solutions billing at Rs. 7.03/kWh for waste-to-energy exports
Supporting annexures to New Delhi Municipal Council's True-Up petition for FY 2023-24 include multiple bills from Delhi MSW Solutions Limited for waste-to-energy exports — recording units of 6.57 lakh kWh (April 2023), 6.07 lakh kWh (May 2023) and 6.05 lakh kWh (June 2023) at Rs. 7.03/kWh each — as part of long-term power procurement documentation submitted to the Delhi Electricity Regulatory Commission.
STORAGE & GREEN HYDROGEN
8KPI Green's Sun Drops Energia inks 120 MW / 240 MWh BESS deal with GUVNL; group's total BESS portfolio hits 565 MW / 1,130 MWh
Sun Drops Energia Limited, a subsidiary of KPI Green Energy Limited, executed a Battery Energy Storage Purchase Agreement with Gujarat Urja Vikas Nigam Limited for a 120 MW / 240 MWh standalone BESS project — to be developed at 220 kV Gariyadhar (65 MW / 130 MWh) and 220 kV Otha (55 MW / 110 MWh) substations in Gujarat. Combined with the earlier 445 MW / 890 MWh BESPA, the group's cumulative standalone BESS portfolio now stands at 565 MW / 1,130 MWh.
WIND & HYBRID POWER
8Seatrium tops up NUS CDE ocean energy professorship with S$1.7M; total contribution crosses S$5 million mark
Singapore's Seatrium Limited announced an additional contribution of approximately S$1.7 million to the Seatrium Professorship at the National University of Singapore's College of Design and Engineering, taking the total contribution above S$5 million. The professorship, established in 2023 and focused on offshore wind, has attracted internationally recognised experts including Professor Gerard van Bussel and CEOs of ABS and DNV, with each public lecture drawing over 400 participants.
POLICY & INCENTIVES
8CEA floats Amendment-II to Transmission Planning Criteria Manual 2023, adding 1150 kV voltage class and new generic models
The Central Electricity Authority invited stakeholder suggestions on the draft Amendment-II to the CEA Manual on Transmission Planning Criteria 2023. The proposed Amendment-II inserts provisions for the 1150 kV voltage class, modifications in parameters of certain conductors, new generic models, and modifications in load and capacity factors. Comments may be submitted by June 8, 2026 to Chief Engineer (PSPA-II) at cea-pspa2@gov.in.
8Japan's IEEJ flags critical minerals security, LNG outlook and nuclear policy challenges in FY2026 energy report
The Institute of Energy Economics Japan published its FY2026 energy outlook in IEEJ Energy Journal Vol. 21, No. 2, covering economic and energy forecasts, international oil and gas market outlooks, climate change policy challenges, renewable energy trends, and nuclear energy policy for 2026. The report spotlights the securitisation of critical minerals, US-Japan cooperation, and the emergence of North American West Coast LNG as strategic priorities for Japan's energy security.
8KPMG India calls for 'integrated lifecycle partner' model as data centre boom overwhelms fragmented service providers (2026-2030)
KPMG India's May 2026 report argues that rapid AI-driven workloads, data localisation requirements, and 5G expansion are creating an unprecedented data centre scaling demand that fragmented service providers cannot meet. The report urges the industry to adopt an integrated lifecycle partner model covering planning, construction, deployment, and operations, with specialised liquid cooling and high-density power frameworks for GPU-based AI infrastructure expected to drive significant power sector demand through 2030. Details
8India's RE daily output hits 996.33 MU on 18 May 2026 (solar 672.17 + wind 296.45 MU); Rajasthan leads with 308.94 MU and Gujarat 275.52 MU
CEA's Daily Renewable Generation Report dated May 18, 2026 shows all-India renewable generation of 996.33 MU — comprising Wind 296.45 MU, Solar 672.17 MU and Bio/Bagasse/Other Small RES 27.71 MU. Rajasthan led with 308.94 MU (wind 59.58 + solar 246.47 MU) and a cumulative 4,489.12 MU during May 2026, while Gujarat produced 275.52 MU. Cumulatively during May 2026, India has generated 16,735.41 MU of renewable energy.
8Solar hours deliver 27.67% VRE penetration on all-India grid on May 18; max wind+solar breaches 71 GW
India's National Load Despatch Centre Renewable Energy Management Centre data for May 18, 2026 reveals that during solar hours (06:00-18:00), Variable Renewable Energy (wind + solar) penetration touched 27.67% of all-India demand met — with solar contributing 22.42% and wind 5.25% — against a total demand of 2,57,370 MUs. During non-solar hours, only wind power at 5.84% was available as VRE. Maximum VRE generation for the day reached 14,433 MW.
8India curtailed 300 GWh of renewable energy in Q1 2026 due to transmission constraints; 20 GW capacity faces connectivity delays
A research report published May 19, 2026 reveals that India curtailed 300 GWh of renewable energy in Q1 2026 (January-March) due to transmission constraints — nearly two-thirds of all national grid curtailment. Additionally, 25% of transmission projects planned for completion by FY2026-27 are delayed by more than one year, while 20 GW of renewable capacity is expected to face grid connectivity delays of over four months in FY2026-27, calling for urgent planning reforms.
8NDMC's FY 2023-24 power purchase records reveal Delhi MSW Solutions billing at Rs. 7.03/kWh for waste-to-energy exports
Supporting annexures to New Delhi Municipal Council's True-Up petition for FY 2023-24 include multiple bills from Delhi MSW Solutions Limited for waste-to-energy exports — recording units of 6.57 lakh kWh (April 2023), 6.07 lakh kWh (May 2023) and 6.05 lakh kWh (June 2023) at Rs. 7.03/kWh each — as part of long-term power procurement documentation submitted to the Delhi Electricity Regulatory Commission.
STORAGE & GREEN HYDROGEN
8KPI Green's Sun Drops Energia inks 120 MW / 240 MWh BESS deal with GUVNL; group's total BESS portfolio hits 565 MW / 1,130 MWh
Sun Drops Energia Limited, a subsidiary of KPI Green Energy Limited, executed a Battery Energy Storage Purchase Agreement with Gujarat Urja Vikas Nigam Limited for a 120 MW / 240 MWh standalone BESS project — to be developed at 220 kV Gariyadhar (65 MW / 130 MWh) and 220 kV Otha (55 MW / 110 MWh) substations in Gujarat. Combined with the earlier 445 MW / 890 MWh BESPA, the group's cumulative standalone BESS portfolio now stands at 565 MW / 1,130 MWh.
WIND & HYBRID POWER
8Seatrium tops up NUS CDE ocean energy professorship with S$1.7M; total contribution crosses S$5 million mark
Singapore's Seatrium Limited announced an additional contribution of approximately S$1.7 million to the Seatrium Professorship at the National University of Singapore's College of Design and Engineering, taking the total contribution above S$5 million. The professorship, established in 2023 and focused on offshore wind, has attracted internationally recognised experts including Professor Gerard van Bussel and CEOs of ABS and DNV, with each public lecture drawing over 400 participants.
POLICY & INCENTIVES
8CEA floats Amendment-II to Transmission Planning Criteria Manual 2023, adding 1150 kV voltage class and new generic models
The Central Electricity Authority invited stakeholder suggestions on the draft Amendment-II to the CEA Manual on Transmission Planning Criteria 2023. The proposed Amendment-II inserts provisions for the 1150 kV voltage class, modifications in parameters of certain conductors, new generic models, and modifications in load and capacity factors. Comments may be submitted by June 8, 2026 to Chief Engineer (PSPA-II) at cea-pspa2@gov.in.
8Japan's IEEJ flags critical minerals security, LNG outlook and nuclear policy challenges in FY2026 energy report
The Institute of Energy Economics Japan published its FY2026 energy outlook in IEEJ Energy Journal Vol. 21, No. 2, covering economic and energy forecasts, international oil and gas market outlooks, climate change policy challenges, renewable energy trends, and nuclear energy policy for 2026. The report spotlights the securitisation of critical minerals, US-Japan cooperation, and the emergence of North American West Coast LNG as strategic priorities for Japan's energy security.
8KPMG India calls for 'integrated lifecycle partner' model as data centre boom overwhelms fragmented service providers (2026-2030)
KPMG India's May 2026 report argues that rapid AI-driven workloads, data localisation requirements, and 5G expansion are creating an unprecedented data centre scaling demand that fragmented service providers cannot meet. The report urges the industry to adopt an integrated lifecycle partner model covering planning, construction, deployment, and operations, with specialised liquid cooling and high-density power frameworks for GPU-based AI infrastructure expected to drive significant power sector demand through 2030. Details
NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION
May 20:
WORK ORDERS & SUPPLY CONTRACTS
8Transformers and Rectifiers India bags Rs. 175 crore order for 4 transformers and 5 reactors for RRVPNL projects in Rajasthan
Transformers and Rectifiers (India) Limited announced on May 19, 2026 that it has secured a Rs. 175 crore domestic order from Bhanwariya Infra Projects Private Limited for manufacturing 4 transformers and 5 reactors for the 400/220 kV GSSs at Kumher-Bharatpur and Amber-Jaipur for Rajasthan Rajya Vidyut Prasaran Nigam Limited. Delivery is scheduled on or before March 2028. The company trades on NSE as TARIL and on BSE under scrip code 532928.
8PSPCL adds four new 66 kV transmission upgrade works to 2025-26 works list under RDSS and priority schemes
Punjab State Power Corporation Limited amended its 2025-26 Transmission Works List to include four new priority upgrade proposals: replacement of HRP conductor on Harchowal-Tugalwal line at Rs. 528.22 lakh; construction of new 66 kV substation at Village Rajia under Barnala Circle at Rs. 414.57 lakh; augmentation of 66 kV Shahpur Jajan conductor at Rs. 339.57 lakh; and creation of independent circuit for Manwal from Ranipur at Rs. 30 lakh — all under RDSS scheme financing.
CAPACITY COMMISSIONING
8Godawari Power & Ispat commissions 25 MWp captive solar plant in Chhattisgarh to power iron ore mines and cut DISCOM costs
Godawari Power & Ispat Limited announced that its 25 MWp captive solar power plant at Chawardhal, Rajnandgaon, Chhattisgarh was commissioned and synchronized with the grid on May 19, 2026. The solar output will replace high-cost DISCOM power at the Ari Dongri and Boria Tibu Iron Ore Mines, supporting the company's green initiative and reducing its carbon footprint. GPIL trades on NSE as GPIL and on BSE under scrip code 532734.
EQUITY & STAKE ACQUISITION
8JSW Energy buys additional stake in Toshiba JSW Power Systems; shareholding rises to 20.7% (non-diluted)
JSW Energy Limited executed definitive agreements to acquire an additional equity stake in Toshiba JSW Power Systems Private Limited (TJPS) from Toshiba Corporation, Japan. Following this secondary purchase, JSW Energy's shareholding in TJPS will increase to 20.7% on a non-diluted basis and 10.7% on a fully diluted basis. JSW Energy trades on NSE as JSWENERGY and on BSE under scrip code 533148, and disclosed the transaction under SEBI Regulation 30.
8Sahaj Solar's UAE subsidiary inks shareholders' agreement with Clarion Investment to build 750 MW solar panel factory
Sahaj Solar Limited disclosed that Sahaj Renewable Energy Trading — FZCO, its wholly-owned UAE subsidiary, executed a Shareholders' Agreement with Clarion Investment LLC on May 18, 2026 to form Sahaj Energy Solar Panels Manufacturing LLC — a joint venture company to develop and set up a 750 MW solar panel manufacturing facility in the UAE. NSE-listed Sahaj Solar trades under the ticker SAHAJSOLAR.
8Vikran Engineering issues corrigendum on 49% stake acquisition in NOPL Solar; corrects SPA date to April 27, 2026
Vikran Engineering Limited filed a corrigendum on May 19, 2026 correcting an error in its earlier disclosure regarding the completion of acquisition of a 49% equity stake in NOPL Solar Projects Private Limited — the Share Purchase Agreement date was inadvertently mentioned as April 27, 2025, instead of the correct date of April 27, 2026. The acquisition of 4,900 shares was completed on May 15, 2026. The company trades on BSE under scrip code 544496 and on NSE as VIKRAN. Details
8Transformers and Rectifiers India bags Rs. 175 crore order for 4 transformers and 5 reactors for RRVPNL projects in Rajasthan
Transformers and Rectifiers (India) Limited announced on May 19, 2026 that it has secured a Rs. 175 crore domestic order from Bhanwariya Infra Projects Private Limited for manufacturing 4 transformers and 5 reactors for the 400/220 kV GSSs at Kumher-Bharatpur and Amber-Jaipur for Rajasthan Rajya Vidyut Prasaran Nigam Limited. Delivery is scheduled on or before March 2028. The company trades on NSE as TARIL and on BSE under scrip code 532928.
8PSPCL adds four new 66 kV transmission upgrade works to 2025-26 works list under RDSS and priority schemes
Punjab State Power Corporation Limited amended its 2025-26 Transmission Works List to include four new priority upgrade proposals: replacement of HRP conductor on Harchowal-Tugalwal line at Rs. 528.22 lakh; construction of new 66 kV substation at Village Rajia under Barnala Circle at Rs. 414.57 lakh; augmentation of 66 kV Shahpur Jajan conductor at Rs. 339.57 lakh; and creation of independent circuit for Manwal from Ranipur at Rs. 30 lakh — all under RDSS scheme financing.
CAPACITY COMMISSIONING
8Godawari Power & Ispat commissions 25 MWp captive solar plant in Chhattisgarh to power iron ore mines and cut DISCOM costs
Godawari Power & Ispat Limited announced that its 25 MWp captive solar power plant at Chawardhal, Rajnandgaon, Chhattisgarh was commissioned and synchronized with the grid on May 19, 2026. The solar output will replace high-cost DISCOM power at the Ari Dongri and Boria Tibu Iron Ore Mines, supporting the company's green initiative and reducing its carbon footprint. GPIL trades on NSE as GPIL and on BSE under scrip code 532734.
EQUITY & STAKE ACQUISITION
8JSW Energy buys additional stake in Toshiba JSW Power Systems; shareholding rises to 20.7% (non-diluted)
JSW Energy Limited executed definitive agreements to acquire an additional equity stake in Toshiba JSW Power Systems Private Limited (TJPS) from Toshiba Corporation, Japan. Following this secondary purchase, JSW Energy's shareholding in TJPS will increase to 20.7% on a non-diluted basis and 10.7% on a fully diluted basis. JSW Energy trades on NSE as JSWENERGY and on BSE under scrip code 533148, and disclosed the transaction under SEBI Regulation 30.
8Sahaj Solar's UAE subsidiary inks shareholders' agreement with Clarion Investment to build 750 MW solar panel factory
Sahaj Solar Limited disclosed that Sahaj Renewable Energy Trading — FZCO, its wholly-owned UAE subsidiary, executed a Shareholders' Agreement with Clarion Investment LLC on May 18, 2026 to form Sahaj Energy Solar Panels Manufacturing LLC — a joint venture company to develop and set up a 750 MW solar panel manufacturing facility in the UAE. NSE-listed Sahaj Solar trades under the ticker SAHAJSOLAR.
8Vikran Engineering issues corrigendum on 49% stake acquisition in NOPL Solar; corrects SPA date to April 27, 2026
Vikran Engineering Limited filed a corrigendum on May 19, 2026 correcting an error in its earlier disclosure regarding the completion of acquisition of a 49% equity stake in NOPL Solar Projects Private Limited — the Share Purchase Agreement date was inadvertently mentioned as April 27, 2025, instead of the correct date of April 27, 2026. The acquisition of 4,900 shares was completed on May 15, 2026. The company trades on BSE under scrip code 544496 and on NSE as VIKRAN. Details
NEWS UPDATE: TARIFF & REGULATORY ORDERS
May 20:
COMMISSION ORDERS (CERC/SERC)
8CERC proposes transmission licence to SR-ER Power Transmission for 765 kV Srikakulam-Angul D/c link with scheduled COD of 3 August 2028
The Central Electricity Regulatory Commission proposed to grant an inter-State transmission licence to SR and ER Power Transmission Limited for strengthening between the Southern and Eastern Grids on a BOOT basis. The project includes a 765 kV Angul-Srikakulam D/c line with 240 MVAr Switchable Line Reactors at both ends and GIS/AIS line bays, with a scheduled COD of 30 months (3 August 2028). POWERGRID will provide free space at both substations and stakeholders may file objections by May 23, 2026.
8GERC reserves order on KPI Green Energy's plea for COD extension of 5.5 MW wind-solar hybrid project against GETCO
The Gujarat Electricity Regulatory Commission, comprising Chairman Pankaj Joshi and Member Jatin N. Thakkar, reserved its order in Petition No. 2521 of 2025 filed by KPI Green Energy Limited under Sections 86(1)(c), (e) and (f) of the Electricity Act, 2003, seeking extension of the commissioning timeline for its 5.5 MW Wind-Solar Hybrid Project against Gujarat Energy Transmission Corporation Limited. The matter was last heard on May 19, 2026.
8TNERC adjourns TNPDCL and TANTRANSCO petitions to 9 June 2026; reserves order in TANTRANSCO M.P. 65/2025 and hears Tata Power plea
The Tamil Nadu Electricity Regulatory Commission, comprising Chairman Thiru R. Manivannan and Member Thiru K. Venkatesan, passed orders on May 19, 2026 in multiple petitions. M.P. No. 12 of 2026 by TNPDCL and M.P. No. 81 of 2025 by TANTRANSCO were adjourned to June 9, 2026. In M.P. No. 65 of 2025 by TANTRANSCO, the order was reserved after brief arguments. M.P. No. 58 of 2025 by Tata Power was also heard on the same day.
8CERC switches to mostly video-conferencing hearings; only 1 hybrid slot in three-hearing weeks per Ministry of Power letters
The Central Electricity Regulatory Commission issued Notice No. L-1/278/2026/CERC dated May 19, 2026 announcing new hearing modalities in view of Ministry of Power letters dated May 11 and 14, 2026. In weeks where three hearings are scheduled, only one hearing will be conducted in Hybrid Mode. On days with only one or two hearings, proceedings will be conducted through Video Conferencing only. All public hearings will be via Video Conferencing only.
8UERC reserves order in UJVN's bid to revisit renewable energy tariff rules
The Uttarakhand Electricity Regulatory Commission reserved its order in a review application filed by UJVN Ltd. against a January 6, 2026 suo-moto Commission order that touched on tariff supply terms for renewable energy and non-fossil co-generation stations. The next ruling could reshape how RE tariffs are re-opened in Uttarakhand, with implications for renewable energy developers and the state utility under Misc. Application No. 27 of 2026.
8UJVN's Galogi SHP plea survives despite 4-year delay: UERC admits tariff re-determination at Rs. 4.12/kWh
The Uttarakhand Electricity Regulatory Commission admitted UJVN Ltd.'s petition for re-determination of tariff for the 3.5 MW Galogi Small Hydro Project — even after a four-year delay in filing post RMU completion in February 2022. The Commission noted that the claimed tariff of Rs. 4.12/kWh is well below the applicable generic tariff of Rs. 6.33/kWh, and that post-renovation generation surged from 2.81 MUs to 8.08 MUs — a decisive factor in admitting the case.
8UPCL gets 7 days to file written response as UERC presses penalty non-payment case
The Uttarakhand Electricity Regulatory Commission granted Uttarakhand Power Corporation Ltd. a week's extension to file its written submissions in a suo-moto proceeding under Sections 142, 146 and 149 of the Electricity Act, 2003 — initiated over UPCL's alleged non-payment of penalties for delay in releasing new LT connections, following directions issued as far back as April 2024 under Petition No. 69 of 2025.
8UERC disposes of Himalaya Hydro's deemed generation petitions for Motighat and Tanga SHPs after 2-year silence
The Uttarakhand Electricity Regulatory Commission disposed of petitions filed by M/s Himalaya Hydro Private Limited claiming deemed generation dues for the 5 MW Motighat SHP and the 5 MW Tanga SHP, noting the petitioner had not approached the Commission for over two years since the Commission last directed a joint monthly reconciliation exercise with UPCL in April 2024 under Petition No. 16 of 2024.
8PSERC admits PSPCL petition for 50 MW solar power at revised tariff of Rs. 2.84/kWh; hearing set for June 10
The Punjab State Electricity Regulatory Commission admitted a petition filed by Punjab State Power Corporation Limited seeking approval for procurement of 50 MW (2x25 MW) solar power from Photon Suryodaya Private Limited at a revised net tariff of Rs. 2.84/kWh, along with an extension of the Scheduled Commercial Operation Date by 12 months. A hearing is scheduled for June 10, 2026 at 11:30 AM under Petition No. 40 of 2026.
8UPERC hearing advances: UPPCL seeks approval to procure 1,000 MW source-agnostic peak power under medium-term tender
The Uttar Pradesh Electricity Regulatory Commission heard Petition No. 2213 of 2025 on May 12, 2026, where U.P. Power Corporation Limited renewed its prayer to procure 1,000 MW of source-agnostic peak power for the grid window of 19:00 hrs to 05:00 hrs during April-September under a medium-term arrangement. UPPCL requested permission to file an additional affidavit to revise the proposed Appointed Date of June 1, 2026.
8DERC schedules June 5 public hearing on FY 2023-24 True-Up petitions of IPGCL, PPCL, NDMC and TPDDL
The Delhi Electricity Regulatory Commission announced a hybrid public hearing for June 5, 2026 at 11:30 AM to receive stakeholder comments on FY 2023-24 True-Up petitions filed by Indraprastha Power Generation Company Limited, Pragati Power Corporation Limited, New Delhi Municipal Council, and Tata Power Delhi Distribution Limited. Stakeholders must register by June 2, 2026 at 5:00 PM at dercpublichearing@gmail.com.
8MPERC floats RFP for consultant to frame MYT Distribution Regulation 2026; bid deadline June 12
The Madhya Pradesh Electricity Regulatory Commission issued a Request for Proposal on May 19, 2026 seeking an eligible consultant to support framing of its Multi-Year Tariff Distribution Regulation 2026 and determination of True-Up, Annual Revenue Requirement and Retail Supply Tariff orders for state DISCOMs, MPIDC SEZ, Pithampur Area and MPIDC Industrial Area at Mohasa-Babai. Technical bids are due by 14:00 hours on June 12, 2026.
REGULATORY PETITION & REVIEW
8Serentica warns CERC: project delay plus MEC could wipe out 5.38% of equity IRR for 100 MW hybrid projects
Serentica Renewables flagged that the proposed Milestone Extension Charges (MEC) framework under CERC Petition 5/SM/2026, combined with project IDC impact, could erode Equity IRR by as much as 5.38% for a 100 MW Hybrid plant and 4.52% for a 300 MW Solar project on a 12-month delay — translating to a combined financial hit of Rs. 199.01 crore on Hybrid, Rs. 135 crore on Solar and Rs. 106.82 crore on Wind capacity. The developer proposed slashing MEC to Rs. 750/MW/month.
8NSEFI flags 40-42 GW of RE projects at risk; demands 50% cut in MEC rates and exemption from force majeure penalties
The National Solar Energy Federation of India warned CERC that approximately 40-42 GW of renewable energy projects are affected by uncontrollable delays under Petition 5/SM/2026. NSEFI demanded a 50% cut in base MEC rates to Rs. 750/MW/day for Land/FC and Rs. 1,500/MW/day for COD, a 3-6 month Neutral Window for state delays, automatic clock-pause on procurer-driven PPA delays, a 30-day refund timeline for unutilised MEC, and Bank Guarantees in lieu of advance cash payments.
8TNPDCL pushes back: demands minimum land threshold be raised from 20% to 50% to curb speculative connectivity hoarding
Tamil Nadu Power Distribution Corporation Limited urged CERC to tighten the proposed MEC framework under Petition 5/SM/2026, arguing the 20% land-availability threshold is inadequate and must be raised to at least 50% to deter speculative corridor blocking, with a progressive penalty structure of 10% of Land BG in the first month, 20% in the second and 30% in the third — followed by automatic connectivity revocation. TNPDCL warned COD delays disrupt DISCOM load forecasting and derail RPO compliance.
8NTPC Green Energy demands scrapping of 20% land threshold and a flat Rs. 1,500/MW/day MEC for financial closure extensions
State-run NTPC Green Energy Limited called for the complete removal of the 20% minimum land threshold under Regulation 11A(1) in its CERC submission on Petition 5/SM/2026. NGEL proposed a single route-neutral 50% land submission criterion and demanded a uniform Rs. 1,500/MW/day MEC for the entire 6-month FC extension — against the proposed escalation to Rs. 1,950/MW/day in the 6th month — and a critical 'adjust or refund' mechanism for intermediate milestone penalties.
8Avaada Energy demands MEC holiday for first 6 months of COD delay; seeks LOA-to-land route conversion without cancellation
Avaada Energy urged CERC to waive Milestone Extension Charges for the first 6 months of COD delay under Petition 5/SM/2026, proposing a graded MEC structure where months 7-18 attract zero penalty, months 18-21 attract Rs. 3,000/MW/day, months 22-24 attract Rs. 4,500/MW/day, and the final 6 months attract Rs. 6,000/MW/day. Avaada also flagged non-recognition of COD achievement by CTUIL and demanded LOA-to-Land route conversion without cancellation of the LOA.
8Sprng Energy flags 30x MEC escalation risk on 3.3 GWp operational portfolio; seeks force majeure relief
Sprng Energy Private Limited, the Shell Group's Indian renewable IPP with around 3.3 GWp of operational capacity and 1.7 GWp under construction, warned CERC that the proposed MEC structure under Petition 5/SM/2026 imposes a 30x penalty jump from Rs. 3,000/MW/month for the first six post-firm-start months to Rs. 3,000/MW/day from month seven. Sprng listed five force majeure-class causes outside developer control and sought a 6-month COD grace beyond GNA effectiveness.
8Gentari proposes MEC cap at Rs. 5,000/MW/month for interim milestones and Rs. 10,000/MW/month for COD; calls current draft unconstitutional
Gentari Sdn Bhd, the Petronas-owned clean energy company, urged CERC to cap Milestone Extension Charges at Rs. 5,000/MW per month for interim milestone slippage and Rs. 10,000/MW per month for COD delays, far below the draft's escalating slab that peaks at Rs. 6,000/MW/day. Gentari argued MEC imposed without delay attribution is 'against natural justice' and proposed that penalties be held by CTU in a separate escrow-style account pending post-COD review of delay reasons. Details
8CERC proposes transmission licence to SR-ER Power Transmission for 765 kV Srikakulam-Angul D/c link with scheduled COD of 3 August 2028
The Central Electricity Regulatory Commission proposed to grant an inter-State transmission licence to SR and ER Power Transmission Limited for strengthening between the Southern and Eastern Grids on a BOOT basis. The project includes a 765 kV Angul-Srikakulam D/c line with 240 MVAr Switchable Line Reactors at both ends and GIS/AIS line bays, with a scheduled COD of 30 months (3 August 2028). POWERGRID will provide free space at both substations and stakeholders may file objections by May 23, 2026.
8GERC reserves order on KPI Green Energy's plea for COD extension of 5.5 MW wind-solar hybrid project against GETCO
The Gujarat Electricity Regulatory Commission, comprising Chairman Pankaj Joshi and Member Jatin N. Thakkar, reserved its order in Petition No. 2521 of 2025 filed by KPI Green Energy Limited under Sections 86(1)(c), (e) and (f) of the Electricity Act, 2003, seeking extension of the commissioning timeline for its 5.5 MW Wind-Solar Hybrid Project against Gujarat Energy Transmission Corporation Limited. The matter was last heard on May 19, 2026.
8TNERC adjourns TNPDCL and TANTRANSCO petitions to 9 June 2026; reserves order in TANTRANSCO M.P. 65/2025 and hears Tata Power plea
The Tamil Nadu Electricity Regulatory Commission, comprising Chairman Thiru R. Manivannan and Member Thiru K. Venkatesan, passed orders on May 19, 2026 in multiple petitions. M.P. No. 12 of 2026 by TNPDCL and M.P. No. 81 of 2025 by TANTRANSCO were adjourned to June 9, 2026. In M.P. No. 65 of 2025 by TANTRANSCO, the order was reserved after brief arguments. M.P. No. 58 of 2025 by Tata Power was also heard on the same day.
8CERC switches to mostly video-conferencing hearings; only 1 hybrid slot in three-hearing weeks per Ministry of Power letters
The Central Electricity Regulatory Commission issued Notice No. L-1/278/2026/CERC dated May 19, 2026 announcing new hearing modalities in view of Ministry of Power letters dated May 11 and 14, 2026. In weeks where three hearings are scheduled, only one hearing will be conducted in Hybrid Mode. On days with only one or two hearings, proceedings will be conducted through Video Conferencing only. All public hearings will be via Video Conferencing only.
8UERC reserves order in UJVN's bid to revisit renewable energy tariff rules
The Uttarakhand Electricity Regulatory Commission reserved its order in a review application filed by UJVN Ltd. against a January 6, 2026 suo-moto Commission order that touched on tariff supply terms for renewable energy and non-fossil co-generation stations. The next ruling could reshape how RE tariffs are re-opened in Uttarakhand, with implications for renewable energy developers and the state utility under Misc. Application No. 27 of 2026.
8UJVN's Galogi SHP plea survives despite 4-year delay: UERC admits tariff re-determination at Rs. 4.12/kWh
The Uttarakhand Electricity Regulatory Commission admitted UJVN Ltd.'s petition for re-determination of tariff for the 3.5 MW Galogi Small Hydro Project — even after a four-year delay in filing post RMU completion in February 2022. The Commission noted that the claimed tariff of Rs. 4.12/kWh is well below the applicable generic tariff of Rs. 6.33/kWh, and that post-renovation generation surged from 2.81 MUs to 8.08 MUs — a decisive factor in admitting the case.
8UPCL gets 7 days to file written response as UERC presses penalty non-payment case
The Uttarakhand Electricity Regulatory Commission granted Uttarakhand Power Corporation Ltd. a week's extension to file its written submissions in a suo-moto proceeding under Sections 142, 146 and 149 of the Electricity Act, 2003 — initiated over UPCL's alleged non-payment of penalties for delay in releasing new LT connections, following directions issued as far back as April 2024 under Petition No. 69 of 2025.
8UERC disposes of Himalaya Hydro's deemed generation petitions for Motighat and Tanga SHPs after 2-year silence
The Uttarakhand Electricity Regulatory Commission disposed of petitions filed by M/s Himalaya Hydro Private Limited claiming deemed generation dues for the 5 MW Motighat SHP and the 5 MW Tanga SHP, noting the petitioner had not approached the Commission for over two years since the Commission last directed a joint monthly reconciliation exercise with UPCL in April 2024 under Petition No. 16 of 2024.
8PSERC admits PSPCL petition for 50 MW solar power at revised tariff of Rs. 2.84/kWh; hearing set for June 10
The Punjab State Electricity Regulatory Commission admitted a petition filed by Punjab State Power Corporation Limited seeking approval for procurement of 50 MW (2x25 MW) solar power from Photon Suryodaya Private Limited at a revised net tariff of Rs. 2.84/kWh, along with an extension of the Scheduled Commercial Operation Date by 12 months. A hearing is scheduled for June 10, 2026 at 11:30 AM under Petition No. 40 of 2026.
8UPERC hearing advances: UPPCL seeks approval to procure 1,000 MW source-agnostic peak power under medium-term tender
The Uttar Pradesh Electricity Regulatory Commission heard Petition No. 2213 of 2025 on May 12, 2026, where U.P. Power Corporation Limited renewed its prayer to procure 1,000 MW of source-agnostic peak power for the grid window of 19:00 hrs to 05:00 hrs during April-September under a medium-term arrangement. UPPCL requested permission to file an additional affidavit to revise the proposed Appointed Date of June 1, 2026.
8DERC schedules June 5 public hearing on FY 2023-24 True-Up petitions of IPGCL, PPCL, NDMC and TPDDL
The Delhi Electricity Regulatory Commission announced a hybrid public hearing for June 5, 2026 at 11:30 AM to receive stakeholder comments on FY 2023-24 True-Up petitions filed by Indraprastha Power Generation Company Limited, Pragati Power Corporation Limited, New Delhi Municipal Council, and Tata Power Delhi Distribution Limited. Stakeholders must register by June 2, 2026 at 5:00 PM at dercpublichearing@gmail.com.
8MPERC floats RFP for consultant to frame MYT Distribution Regulation 2026; bid deadline June 12
The Madhya Pradesh Electricity Regulatory Commission issued a Request for Proposal on May 19, 2026 seeking an eligible consultant to support framing of its Multi-Year Tariff Distribution Regulation 2026 and determination of True-Up, Annual Revenue Requirement and Retail Supply Tariff orders for state DISCOMs, MPIDC SEZ, Pithampur Area and MPIDC Industrial Area at Mohasa-Babai. Technical bids are due by 14:00 hours on June 12, 2026.
REGULATORY PETITION & REVIEW
8Serentica warns CERC: project delay plus MEC could wipe out 5.38% of equity IRR for 100 MW hybrid projects
Serentica Renewables flagged that the proposed Milestone Extension Charges (MEC) framework under CERC Petition 5/SM/2026, combined with project IDC impact, could erode Equity IRR by as much as 5.38% for a 100 MW Hybrid plant and 4.52% for a 300 MW Solar project on a 12-month delay — translating to a combined financial hit of Rs. 199.01 crore on Hybrid, Rs. 135 crore on Solar and Rs. 106.82 crore on Wind capacity. The developer proposed slashing MEC to Rs. 750/MW/month.
8NSEFI flags 40-42 GW of RE projects at risk; demands 50% cut in MEC rates and exemption from force majeure penalties
The National Solar Energy Federation of India warned CERC that approximately 40-42 GW of renewable energy projects are affected by uncontrollable delays under Petition 5/SM/2026. NSEFI demanded a 50% cut in base MEC rates to Rs. 750/MW/day for Land/FC and Rs. 1,500/MW/day for COD, a 3-6 month Neutral Window for state delays, automatic clock-pause on procurer-driven PPA delays, a 30-day refund timeline for unutilised MEC, and Bank Guarantees in lieu of advance cash payments.
8TNPDCL pushes back: demands minimum land threshold be raised from 20% to 50% to curb speculative connectivity hoarding
Tamil Nadu Power Distribution Corporation Limited urged CERC to tighten the proposed MEC framework under Petition 5/SM/2026, arguing the 20% land-availability threshold is inadequate and must be raised to at least 50% to deter speculative corridor blocking, with a progressive penalty structure of 10% of Land BG in the first month, 20% in the second and 30% in the third — followed by automatic connectivity revocation. TNPDCL warned COD delays disrupt DISCOM load forecasting and derail RPO compliance.
8NTPC Green Energy demands scrapping of 20% land threshold and a flat Rs. 1,500/MW/day MEC for financial closure extensions
State-run NTPC Green Energy Limited called for the complete removal of the 20% minimum land threshold under Regulation 11A(1) in its CERC submission on Petition 5/SM/2026. NGEL proposed a single route-neutral 50% land submission criterion and demanded a uniform Rs. 1,500/MW/day MEC for the entire 6-month FC extension — against the proposed escalation to Rs. 1,950/MW/day in the 6th month — and a critical 'adjust or refund' mechanism for intermediate milestone penalties.
8Avaada Energy demands MEC holiday for first 6 months of COD delay; seeks LOA-to-land route conversion without cancellation
Avaada Energy urged CERC to waive Milestone Extension Charges for the first 6 months of COD delay under Petition 5/SM/2026, proposing a graded MEC structure where months 7-18 attract zero penalty, months 18-21 attract Rs. 3,000/MW/day, months 22-24 attract Rs. 4,500/MW/day, and the final 6 months attract Rs. 6,000/MW/day. Avaada also flagged non-recognition of COD achievement by CTUIL and demanded LOA-to-Land route conversion without cancellation of the LOA.
8Sprng Energy flags 30x MEC escalation risk on 3.3 GWp operational portfolio; seeks force majeure relief
Sprng Energy Private Limited, the Shell Group's Indian renewable IPP with around 3.3 GWp of operational capacity and 1.7 GWp under construction, warned CERC that the proposed MEC structure under Petition 5/SM/2026 imposes a 30x penalty jump from Rs. 3,000/MW/month for the first six post-firm-start months to Rs. 3,000/MW/day from month seven. Sprng listed five force majeure-class causes outside developer control and sought a 6-month COD grace beyond GNA effectiveness.
8Gentari proposes MEC cap at Rs. 5,000/MW/month for interim milestones and Rs. 10,000/MW/month for COD; calls current draft unconstitutional
Gentari Sdn Bhd, the Petronas-owned clean energy company, urged CERC to cap Milestone Extension Charges at Rs. 5,000/MW per month for interim milestone slippage and Rs. 10,000/MW per month for COD delays, far below the draft's escalating slab that peaks at Rs. 6,000/MW/day. Gentari argued MEC imposed without delay attribution is 'against natural justice' and proposed that penalties be held by CTU in a separate escrow-style account pending post-COD review of delay reasons. Details
NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE
May 20:
QUARTERLY RESULTS
8GE Vernova T&D India posts 37% revenue jump to Rs. 1,47,761 million in FY26; order book surges 188%
GE Vernova T&D India Limited's investor presentation for Q4 FY26 reveals a 37% revenue leap to Rs. 1,47,761 million for FY26 and an order book growth of 188%, with 92% of revenues from the domestic segment and 76% from its transformer and switchgear business. Q4 FY26 revenue at Rs. 214.6 million improved sharply versus Q4 FY25, cementing the former GE T&D India's transformation under the GE Vernova brand.
8TD Power Systems posts 35% income growth to Rs. 17.37 billion in FY26; PAT jumps 42% to Rs. 2.18 billion
TD Power Systems Limited disclosed FY26 standalone total income of Rs. 17.37 billion — up 35% from Rs. 12.88 billion — with EBITDA margin improving to 18.14% from 17.46%. PAT grew 42% to Rs. 2.18 billion. Order book for the manufacturing segment stood at Rs. 19.73 billion, with the generator business accounting for Rs. 16.77 billion and exports comprising 76% of the non-railway order book.
8PTC India Q4 FY26 trading volume surges 24% to 23,572 MUs; full-year volume at 92,802 MUs, dividend Rs. 8.50/share
PTC India Limited reported Q4 FY26 standalone trading volume growth of 24% to 23,572 MUs, with total operating margin rising 29% to Rs. 104.02 crore. For full-year FY26, trading volume grew 12% to 92,802 MUs and core trading margin stood at 3.35 paisa per unit. Consolidated PAT from continuing operations was Rs. 717.44 crore. The board declared a final dividend of Rs. 5.50/share, bringing total FY26 dividend to Rs. 8.50/share.
8Genus Power Q4 FY26 revenue surges 62.7% to Rs. 1,523.7 crore; total order book at Rs. 25,173 crore across SPVs
Genus Power Infrastructures Limited reported Q4 FY26 standalone revenue of Rs. 1,523.7 crore — a robust 62.7% year-on-year growth versus Rs. 936.8 crore in Q4 FY25, driven by strong execution momentum. As on March 31, 2026, the company's total order book including all SPVs and GIC Platform stood at Rs. 25,173 crore (net of taxes) under 8-9 year concession periods, reflecting its leadership in the Smart Metering and AMISP segment.
8Triveni Turbine Q4 FY26 revenue rises 26.3% YoY; EBITDA margin contracts 354 bps amid adverse project mix, Rs. 850 million forex MTM loss
Triveni Turbine Limited reported Q4 FY26 revenue growth of 26.3% year-on-year, but EBITDA margin contracted 354 basis points to 18.8% due to adverse project mix, lower aftermarket contribution, and execution of a strategic low-margin NTPC energy storage order. The company absorbed a Rs. 850 million mark-to-market forex loss in Q4. Order inflows remained healthy at Rs. 7.5 billion (+19% YoY), with global product enquiries rising to approximately 18 GW.
8IPGCL posts Rs. 13,712 lakh net profit in FY 2023-24 as total assets touch Rs. 2,71,925 lakh
Indraprastha Power Generation Company Limited reported a net profit of Rs. 13,712.29 lakh for FY 2023-24, down from Rs. 15,415.61 lakh in the previous year, as total income fell to Rs. 63,313 lakh versus Rs. 80,189 lakh. Total assets stood at Rs. 2,71,925 lakh. The Delhi government undertaking's equity base remains anchored at Rs. 73,654 lakh, with basic EPS at Rs. 1.86 per share.
8Tata Power-DDL logs Rs. 312 crore revenue gap in FY 2023-24; distribution loss beats target at 5.93%
Tata Power Delhi Distribution Limited disclosed a revenue gap of Rs. 312.46 crore for FY 2023-24, with Aggregate Revenue Requirement at Rs. 1,779.72 crore against available revenue of only Rs. 1,467.26 crore. The utility sold 10,028.30 MUs at an average billing rate of Rs. 10.86/kWh and outperformed its 6.91% distribution loss target by 0.98 percentage points, earning an overachievement incentive of Rs. 38.05 crore.
8Tata Power-DDL FY 2023-24 audited P&L shows Rs. 658.70 crore pre-tax profit on Rs. 10,396 crore gross revenue; PAT at Rs. 452.50 crore
Volume II of Tata Power Delhi Distribution Limited's True-Up petition for FY 2023-24 filed with DERC reveals audited standalone revenue from sale of power of Rs. 10,396.26 crore, total revenue including open access and other income of Rs. 10,007.22 crore, and profit before tax of Rs. 658.70 crore. After income tax and deferred tax, PAT stood at Rs. 452.50 crore, with power purchase costs of Rs. 6,331.65 crore.
8IPGCL and PPCL log combined fixed cost of Rs. 262 crore for FY 2023-24 True-Up; GTPS availability at 83.22% against PPS-I's 98.61%
Delhi's two state-owned generation utilities — Indraprastha Power Generation Company Limited and Pragati Power Corporation Limited — submitted True-Up data for FY 2023-24 showing GTPS with an Annual Fixed Cost of Rs. 92.96 crore (fixed cost Rs. 3.812/kWh on 243.88 MU net generation) and PPS-I at Rs. 169.11 crore (Rs. 2.066/kWh on 818.53 MU). GTPS availability stood at 83.22% against PPS-I's 98.61%.
8Tata Power-DDL petitions DERC: Aggregate Revenue Requirement of Rs. 1,787 crore for FY 2023-24 and Rs. 312 crore revenue gap disclosed
Tata Power Delhi Distribution Limited filed its comprehensive True-Up petition for FY 2023-24 and Annual Revenue Requirement for FY 2025-26 with DERC in October 2024, disclosing an aggregate ARR of Rs. 1,787.43 crore and a revenue gap of Rs. 312.46 crore for FY 2023-24. Net Power Purchase Cost accounted for the largest share at Rs. 1,301.23 crore (100% allocated to retail supply), with wheeling ARR at Rs. 310.74 crore.
DIVIDEND & BOARD DECISIONS
8PTC India board approves FY26 results, recommends Rs. 5.50/share final dividend; statutory auditors give unmodified opinion
PTC India Limited's Board of Directors meeting on May 19, 2026 approved audited standalone and consolidated financial results for Q4 and FY26 ended March 31, 2026, with statutory auditors M/s T R Chadha & Co LLP issuing an unmodified opinion. The board recommended a final dividend of Rs. 5.50 per share (55% on face value of Rs. 10) for FY26. The record date for dividend eligibility will be announced separately.
8PTC India board re-initiates process to monetise PFS stake, reversing 2021 pause decision
PTC India Limited's Board of Directors, in its meeting on May 19, 2026, reversed its August 2021 decision to pause the monetisation of its investment in PTC India Financial Services Limited (PFS), a subsidiary. The board decided to re-initiate exploration of opportunities for monetising its PFS stake, subject to necessary regulatory approvals. The company committed to updating stock exchanges on all material developments.
8Waa Solar approves FY26 audited results, appoints new internal auditor and cost auditor for FY 2026-27
Waa Solar Limited's Board, in a meeting on May 19, 2026, approved standalone and consolidated audited financial results for the half-year and year ended March 31, 2026. The board also appointed M/s Samrat Mewada & Associates as Internal Auditors (Firm Registration No. 139725W) and Mr. Mitesh Suvagiya as Cost Auditor for FY 2026-27. Waa Solar is listed on BSE under scrip code 541445.
8BGR Energy Systems calls May 25 board meeting to approve FY26 results and consider authorised capital increase
BGR Energy Systems Limited notified stock exchanges that its board will meet on May 25, 2026 to approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider increasing its Authorised Share Capital along with alteration of the capital clause of the Memorandum of Association. The company trades on NSE as BGRENERGY and on BSE under scrip code 532930.
8Jindal Steel & Power initiates postal ballot; e-voting window opens May 20, closes June 18, 2026
Jindal Steel & Power Limited initiated a postal ballot process, electronically dispatching notices to all registered members. Remote e-voting through CDSL opens at 9:00 AM on May 20, 2026 and closes at 5:00 PM on June 18, 2026, with the cut-off date for shareholder eligibility set at May 15, 2026. The company trades on BSE under scrip code 532286 and on NSE as JINDALSTEL.
EARNINGS CALL & ANALYST MEET
8PowerGrid hosts Mumbai analyst meet on May 18 post Q4 & FY26 results; audio-video recording now available
Power Grid Corporation of India Limited held its Analysts' and Institutional Investors' Meet in Mumbai on May 18, 2026 at 11:30 AM, where senior management discussed the company's business and outlook following its declaration of audited financial results for Q4 and FY26 ended March 31, 2026. Audio and video recordings of the meet are available on PowerGrid's official website for analysts and investors.
8NTPC schedules May 23 analyst conference call to discuss Q4 & FY26 results with senior management
NTPC Limited announced it will hold a conference call on May 23, 2026, where senior management will discuss the company's financial results for the quarter and year ended March 31, 2026. The call is open to analysts and investors. NTPC's senior management interaction follows Q4 and FY26 results, with further details available on the company's official website under the investor relations section.
8Sarda Energy & Minerals schedules May 25 earnings call to discuss Q4 & FY26 strategy and outlook
Sarda Energy & Minerals Limited announced an earnings conference call for institutional investors and analysts on Monday, May 25, 2026 at 11:00 AM IST to discuss its Q4 and full-year FY26 results. The call will be led by Managing Director Pankaj Sarda, Deputy MD Manish Sarda, Director & CFO Padam Kumar Jain, and Executive Director Nilay Joshi. The company trades on BSE under scrip code 504614 and on NSE as SARDAEN.
8JSW Energy lines up investor roadshow at 360ONE Trinity India 2026 and Morgan Stanley India Forum in May-June
JSW Energy Limited disclosed a schedule of institutional investor meetings — a group meeting at 360ONE's Trinity India 2026 event in Mumbai on May 29, 2026, and another at the Morgan Stanley India Investment Forum 2026 on June 3, 2026, to discuss business outlook and strategy. The disclosure was made under SEBI Regulation 30. JSW Energy trades on NSE as JSWENERGY and on BSE under scrip code 533148.
8GK Energy CMD Gopal Kabra presents Q4 & FY26 results; company debuts full-year earnings call as listed entity
GK Energy Limited released the transcript of its Q4 & FY26 Earnings Conference Call held on May 13, 2026, led by Chairman, MD & CEO Gopal Kabra and CFO Sunil Malu. The call marks the company's first major investor engagement post-listing, hosted by X-B4 Advisory and available at the company's investor relations website. GK Energy trades on NSE as GKENERGY and on BSE under scrip code 544525.
8Power Mech Projects schedules May 22 investor call to discuss Q4 FY26 results via Ashika Institutional Equities
Power Mech Projects Limited announced a conference call on May 22, 2026 at 11:00 AM IST to discuss its Q4 FY26 performance, hosted by Ashika Institutional Equities. The call will be represented by Executive Director Rohit Sajja, Director (Non-Board, Business Development) S.K. Ramaiah, and CFO N. Nani Aravind. The company trades on BSE under scrip code 539302 and on NSE as POWERMECH.
8Ircon International to host Q4 & FY26 earnings conference call on May 25; results to be discussed by senior management
Ircon International Limited, a Navratna PSU, announced a conference call on May 25, 2026 at 3:30 PM IST for analysts and institutional investors to discuss its financial results for the quarter and financial year ended March 31, 2026. The company trades on both BSE and NSE under the ticker IRCON. Senior management will interact with investors to discuss performance and the business outlook for the Navratna infrastructure company.
8Maxvolt Energy Industries releases H2 FY26 earnings call transcript; co-founder Gupta and CEO Shukla present results
Maxvolt Energy Industries Limited submitted the transcript of its H2 FY26 Earnings Conference Call held on May 13, 2026 to stock exchanges. The call was led by Co-Founder, Chairman & Whole-Time Director Vishal Gupta and Co-Founder & CEO Satendra Shukla, hosted by X-B4 Advisory. The transcript and audio recording are available on the company's website. The company trades on NSE under the ticker MAXVOLT.
8Waaree Renewable Technologies senior management meets institutional investors one-on-one in Mumbai on May 22
Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, disclosed a one-to-one in-person meeting between its senior management and institutional investors/analysts scheduled for May 22, 2026 from 4:00 PM to 6:00 PM at Goregaon East, Mumbai, under SEBI Regulation 30. The company trades on BSE under scrip code 534618 and on NSE as WAAREERTL, operating in the renewable energy EPC and solutions space.
8GE Power India releases Q4 FY26 earnings call transcript; MD Puneet Bhatla and WTD & CFO Aashish Ghai present results
GE Power India Limited submitted the transcript of its Q4 FY26 Investors Conference Call held on May 12, 2026 to stock exchanges. The call was led by Managing Director Puneet Bhatla and Whole-Time Director & CFO Aashish Ghai, who discussed the company's performance for the quarter ended March 31, 2026. GE Power India trades on BSE under scrip code 532309 and on NSE as GVPIL.
8GE Vernova T&D India uploads earnings conference call recording for Q4 & FY26 to company website
GE Vernova T&D India Limited disclosed on May 19, 2026 that the audio recording of its earnings conference call — covering standalone and consolidated audited financial results for Q4 and FY26 ended March 31, 2026 — is available on the company's website at the investor relations section. The call was held on May 19, 2026. The company trades on NSE as GVT&D and on BSE under scrip code 522275.
CREDIT RATING & ANALYST REPORT
8ICRA realigns Suzlon Energy's credit limits; [ICRA]A+ (Stable)/A1 rating maintained on Rs. 2,635 crore total facilities
ICRA revised the allocation of Suzlon Energy Limited's rated bank limits — increasing fund-based and non-fund-based facilities from Rs. 1,100 crore to Rs. 2,257 crore and reducing unallocated limits from Rs. 1,535 crore to Rs. 378 crore — while maintaining the overall rating at [ICRA]A+ (Stable)/[ICRA]A1 on total facilities of Rs. 2,635 crore. Suzlon holds a cumulative 29% market share in India's wind energy market with over 15.5 GW installed capacity as of December 2025.
8Analyst puts Triveni Turbine on HOLD at Rs. 638 target; enquiry pipeline at 18 GW globally, domestic inquiries double YoY to 7 GW
An analyst report on Triveni Turbine Limited dated May 20, 2026 maintains a HOLD rating with a target price of Rs. 638. Management guides FY27 revenue growth similar to FY26, with global product enquiries rising to approximately 18 GW and domestic enquiries doubling YoY to approximately 7 GW. Exports are expected to outgrow the domestic business in FY27. New revenue streams including geothermal, ORC, and CO2-based energy are being explored by the company.
8CareEdge downgrades Madhav Solar Vadodara Rooftop to CARE B+; stable from BB on non-cooperation
CareEdge Ratings downgraded the long-term bank facilities of Madhav Solar (Vadodara Rooftop) Private Limited — amounting to Rs. 5.89 crore — from 'CARE BB; Stable' to 'CARE B+; Stable' after the company failed to cooperate despite repeated information requests via emails in February and March 2026. The rating continues under the 'Issuer Non-Cooperating' category as MSRPL failed to provide monitoring information in breach of its Rating Agreement.
8Borosil Renewables Executive Chairman Pradeep Kumar Kheruka discusses business outlook on ET Now
Borosil Renewables Limited disclosed on May 19, 2026 that its Executive Chairman, Mr. Pradeep Kumar Kheruka, appeared on ET Now to discuss the company's general business update and outlook. The interview is available on the company's official YouTube channel and its website. Borosil Renewables trades on BSE under scrip code 502219 and on NSE as BORORENEW, and manufactures solar glass for the photovoltaic industry. Details
8GE Vernova T&D India posts 37% revenue jump to Rs. 1,47,761 million in FY26; order book surges 188%
GE Vernova T&D India Limited's investor presentation for Q4 FY26 reveals a 37% revenue leap to Rs. 1,47,761 million for FY26 and an order book growth of 188%, with 92% of revenues from the domestic segment and 76% from its transformer and switchgear business. Q4 FY26 revenue at Rs. 214.6 million improved sharply versus Q4 FY25, cementing the former GE T&D India's transformation under the GE Vernova brand.
8TD Power Systems posts 35% income growth to Rs. 17.37 billion in FY26; PAT jumps 42% to Rs. 2.18 billion
TD Power Systems Limited disclosed FY26 standalone total income of Rs. 17.37 billion — up 35% from Rs. 12.88 billion — with EBITDA margin improving to 18.14% from 17.46%. PAT grew 42% to Rs. 2.18 billion. Order book for the manufacturing segment stood at Rs. 19.73 billion, with the generator business accounting for Rs. 16.77 billion and exports comprising 76% of the non-railway order book.
8PTC India Q4 FY26 trading volume surges 24% to 23,572 MUs; full-year volume at 92,802 MUs, dividend Rs. 8.50/share
PTC India Limited reported Q4 FY26 standalone trading volume growth of 24% to 23,572 MUs, with total operating margin rising 29% to Rs. 104.02 crore. For full-year FY26, trading volume grew 12% to 92,802 MUs and core trading margin stood at 3.35 paisa per unit. Consolidated PAT from continuing operations was Rs. 717.44 crore. The board declared a final dividend of Rs. 5.50/share, bringing total FY26 dividend to Rs. 8.50/share.
8Genus Power Q4 FY26 revenue surges 62.7% to Rs. 1,523.7 crore; total order book at Rs. 25,173 crore across SPVs
Genus Power Infrastructures Limited reported Q4 FY26 standalone revenue of Rs. 1,523.7 crore — a robust 62.7% year-on-year growth versus Rs. 936.8 crore in Q4 FY25, driven by strong execution momentum. As on March 31, 2026, the company's total order book including all SPVs and GIC Platform stood at Rs. 25,173 crore (net of taxes) under 8-9 year concession periods, reflecting its leadership in the Smart Metering and AMISP segment.
8Triveni Turbine Q4 FY26 revenue rises 26.3% YoY; EBITDA margin contracts 354 bps amid adverse project mix, Rs. 850 million forex MTM loss
Triveni Turbine Limited reported Q4 FY26 revenue growth of 26.3% year-on-year, but EBITDA margin contracted 354 basis points to 18.8% due to adverse project mix, lower aftermarket contribution, and execution of a strategic low-margin NTPC energy storage order. The company absorbed a Rs. 850 million mark-to-market forex loss in Q4. Order inflows remained healthy at Rs. 7.5 billion (+19% YoY), with global product enquiries rising to approximately 18 GW.
8IPGCL posts Rs. 13,712 lakh net profit in FY 2023-24 as total assets touch Rs. 2,71,925 lakh
Indraprastha Power Generation Company Limited reported a net profit of Rs. 13,712.29 lakh for FY 2023-24, down from Rs. 15,415.61 lakh in the previous year, as total income fell to Rs. 63,313 lakh versus Rs. 80,189 lakh. Total assets stood at Rs. 2,71,925 lakh. The Delhi government undertaking's equity base remains anchored at Rs. 73,654 lakh, with basic EPS at Rs. 1.86 per share.
8Tata Power-DDL logs Rs. 312 crore revenue gap in FY 2023-24; distribution loss beats target at 5.93%
Tata Power Delhi Distribution Limited disclosed a revenue gap of Rs. 312.46 crore for FY 2023-24, with Aggregate Revenue Requirement at Rs. 1,779.72 crore against available revenue of only Rs. 1,467.26 crore. The utility sold 10,028.30 MUs at an average billing rate of Rs. 10.86/kWh and outperformed its 6.91% distribution loss target by 0.98 percentage points, earning an overachievement incentive of Rs. 38.05 crore.
8Tata Power-DDL FY 2023-24 audited P&L shows Rs. 658.70 crore pre-tax profit on Rs. 10,396 crore gross revenue; PAT at Rs. 452.50 crore
Volume II of Tata Power Delhi Distribution Limited's True-Up petition for FY 2023-24 filed with DERC reveals audited standalone revenue from sale of power of Rs. 10,396.26 crore, total revenue including open access and other income of Rs. 10,007.22 crore, and profit before tax of Rs. 658.70 crore. After income tax and deferred tax, PAT stood at Rs. 452.50 crore, with power purchase costs of Rs. 6,331.65 crore.
8IPGCL and PPCL log combined fixed cost of Rs. 262 crore for FY 2023-24 True-Up; GTPS availability at 83.22% against PPS-I's 98.61%
Delhi's two state-owned generation utilities — Indraprastha Power Generation Company Limited and Pragati Power Corporation Limited — submitted True-Up data for FY 2023-24 showing GTPS with an Annual Fixed Cost of Rs. 92.96 crore (fixed cost Rs. 3.812/kWh on 243.88 MU net generation) and PPS-I at Rs. 169.11 crore (Rs. 2.066/kWh on 818.53 MU). GTPS availability stood at 83.22% against PPS-I's 98.61%.
8Tata Power-DDL petitions DERC: Aggregate Revenue Requirement of Rs. 1,787 crore for FY 2023-24 and Rs. 312 crore revenue gap disclosed
Tata Power Delhi Distribution Limited filed its comprehensive True-Up petition for FY 2023-24 and Annual Revenue Requirement for FY 2025-26 with DERC in October 2024, disclosing an aggregate ARR of Rs. 1,787.43 crore and a revenue gap of Rs. 312.46 crore for FY 2023-24. Net Power Purchase Cost accounted for the largest share at Rs. 1,301.23 crore (100% allocated to retail supply), with wheeling ARR at Rs. 310.74 crore.
DIVIDEND & BOARD DECISIONS
8PTC India board approves FY26 results, recommends Rs. 5.50/share final dividend; statutory auditors give unmodified opinion
PTC India Limited's Board of Directors meeting on May 19, 2026 approved audited standalone and consolidated financial results for Q4 and FY26 ended March 31, 2026, with statutory auditors M/s T R Chadha & Co LLP issuing an unmodified opinion. The board recommended a final dividend of Rs. 5.50 per share (55% on face value of Rs. 10) for FY26. The record date for dividend eligibility will be announced separately.
8PTC India board re-initiates process to monetise PFS stake, reversing 2021 pause decision
PTC India Limited's Board of Directors, in its meeting on May 19, 2026, reversed its August 2021 decision to pause the monetisation of its investment in PTC India Financial Services Limited (PFS), a subsidiary. The board decided to re-initiate exploration of opportunities for monetising its PFS stake, subject to necessary regulatory approvals. The company committed to updating stock exchanges on all material developments.
8Waa Solar approves FY26 audited results, appoints new internal auditor and cost auditor for FY 2026-27
Waa Solar Limited's Board, in a meeting on May 19, 2026, approved standalone and consolidated audited financial results for the half-year and year ended March 31, 2026. The board also appointed M/s Samrat Mewada & Associates as Internal Auditors (Firm Registration No. 139725W) and Mr. Mitesh Suvagiya as Cost Auditor for FY 2026-27. Waa Solar is listed on BSE under scrip code 541445.
8BGR Energy Systems calls May 25 board meeting to approve FY26 results and consider authorised capital increase
BGR Energy Systems Limited notified stock exchanges that its board will meet on May 25, 2026 to approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider increasing its Authorised Share Capital along with alteration of the capital clause of the Memorandum of Association. The company trades on NSE as BGRENERGY and on BSE under scrip code 532930.
8Jindal Steel & Power initiates postal ballot; e-voting window opens May 20, closes June 18, 2026
Jindal Steel & Power Limited initiated a postal ballot process, electronically dispatching notices to all registered members. Remote e-voting through CDSL opens at 9:00 AM on May 20, 2026 and closes at 5:00 PM on June 18, 2026, with the cut-off date for shareholder eligibility set at May 15, 2026. The company trades on BSE under scrip code 532286 and on NSE as JINDALSTEL.
EARNINGS CALL & ANALYST MEET
8PowerGrid hosts Mumbai analyst meet on May 18 post Q4 & FY26 results; audio-video recording now available
Power Grid Corporation of India Limited held its Analysts' and Institutional Investors' Meet in Mumbai on May 18, 2026 at 11:30 AM, where senior management discussed the company's business and outlook following its declaration of audited financial results for Q4 and FY26 ended March 31, 2026. Audio and video recordings of the meet are available on PowerGrid's official website for analysts and investors.
8NTPC schedules May 23 analyst conference call to discuss Q4 & FY26 results with senior management
NTPC Limited announced it will hold a conference call on May 23, 2026, where senior management will discuss the company's financial results for the quarter and year ended March 31, 2026. The call is open to analysts and investors. NTPC's senior management interaction follows Q4 and FY26 results, with further details available on the company's official website under the investor relations section.
8Sarda Energy & Minerals schedules May 25 earnings call to discuss Q4 & FY26 strategy and outlook
Sarda Energy & Minerals Limited announced an earnings conference call for institutional investors and analysts on Monday, May 25, 2026 at 11:00 AM IST to discuss its Q4 and full-year FY26 results. The call will be led by Managing Director Pankaj Sarda, Deputy MD Manish Sarda, Director & CFO Padam Kumar Jain, and Executive Director Nilay Joshi. The company trades on BSE under scrip code 504614 and on NSE as SARDAEN.
8JSW Energy lines up investor roadshow at 360ONE Trinity India 2026 and Morgan Stanley India Forum in May-June
JSW Energy Limited disclosed a schedule of institutional investor meetings — a group meeting at 360ONE's Trinity India 2026 event in Mumbai on May 29, 2026, and another at the Morgan Stanley India Investment Forum 2026 on June 3, 2026, to discuss business outlook and strategy. The disclosure was made under SEBI Regulation 30. JSW Energy trades on NSE as JSWENERGY and on BSE under scrip code 533148.
8GK Energy CMD Gopal Kabra presents Q4 & FY26 results; company debuts full-year earnings call as listed entity
GK Energy Limited released the transcript of its Q4 & FY26 Earnings Conference Call held on May 13, 2026, led by Chairman, MD & CEO Gopal Kabra and CFO Sunil Malu. The call marks the company's first major investor engagement post-listing, hosted by X-B4 Advisory and available at the company's investor relations website. GK Energy trades on NSE as GKENERGY and on BSE under scrip code 544525.
8Power Mech Projects schedules May 22 investor call to discuss Q4 FY26 results via Ashika Institutional Equities
Power Mech Projects Limited announced a conference call on May 22, 2026 at 11:00 AM IST to discuss its Q4 FY26 performance, hosted by Ashika Institutional Equities. The call will be represented by Executive Director Rohit Sajja, Director (Non-Board, Business Development) S.K. Ramaiah, and CFO N. Nani Aravind. The company trades on BSE under scrip code 539302 and on NSE as POWERMECH.
8Ircon International to host Q4 & FY26 earnings conference call on May 25; results to be discussed by senior management
Ircon International Limited, a Navratna PSU, announced a conference call on May 25, 2026 at 3:30 PM IST for analysts and institutional investors to discuss its financial results for the quarter and financial year ended March 31, 2026. The company trades on both BSE and NSE under the ticker IRCON. Senior management will interact with investors to discuss performance and the business outlook for the Navratna infrastructure company.
8Maxvolt Energy Industries releases H2 FY26 earnings call transcript; co-founder Gupta and CEO Shukla present results
Maxvolt Energy Industries Limited submitted the transcript of its H2 FY26 Earnings Conference Call held on May 13, 2026 to stock exchanges. The call was led by Co-Founder, Chairman & Whole-Time Director Vishal Gupta and Co-Founder & CEO Satendra Shukla, hosted by X-B4 Advisory. The transcript and audio recording are available on the company's website. The company trades on NSE under the ticker MAXVOLT.
8Waaree Renewable Technologies senior management meets institutional investors one-on-one in Mumbai on May 22
Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, disclosed a one-to-one in-person meeting between its senior management and institutional investors/analysts scheduled for May 22, 2026 from 4:00 PM to 6:00 PM at Goregaon East, Mumbai, under SEBI Regulation 30. The company trades on BSE under scrip code 534618 and on NSE as WAAREERTL, operating in the renewable energy EPC and solutions space.
8GE Power India releases Q4 FY26 earnings call transcript; MD Puneet Bhatla and WTD & CFO Aashish Ghai present results
GE Power India Limited submitted the transcript of its Q4 FY26 Investors Conference Call held on May 12, 2026 to stock exchanges. The call was led by Managing Director Puneet Bhatla and Whole-Time Director & CFO Aashish Ghai, who discussed the company's performance for the quarter ended March 31, 2026. GE Power India trades on BSE under scrip code 532309 and on NSE as GVPIL.
8GE Vernova T&D India uploads earnings conference call recording for Q4 & FY26 to company website
GE Vernova T&D India Limited disclosed on May 19, 2026 that the audio recording of its earnings conference call — covering standalone and consolidated audited financial results for Q4 and FY26 ended March 31, 2026 — is available on the company's website at the investor relations section. The call was held on May 19, 2026. The company trades on NSE as GVT&D and on BSE under scrip code 522275.
CREDIT RATING & ANALYST REPORT
8ICRA realigns Suzlon Energy's credit limits; [ICRA]A+ (Stable)/A1 rating maintained on Rs. 2,635 crore total facilities
ICRA revised the allocation of Suzlon Energy Limited's rated bank limits — increasing fund-based and non-fund-based facilities from Rs. 1,100 crore to Rs. 2,257 crore and reducing unallocated limits from Rs. 1,535 crore to Rs. 378 crore — while maintaining the overall rating at [ICRA]A+ (Stable)/[ICRA]A1 on total facilities of Rs. 2,635 crore. Suzlon holds a cumulative 29% market share in India's wind energy market with over 15.5 GW installed capacity as of December 2025.
8Analyst puts Triveni Turbine on HOLD at Rs. 638 target; enquiry pipeline at 18 GW globally, domestic inquiries double YoY to 7 GW
An analyst report on Triveni Turbine Limited dated May 20, 2026 maintains a HOLD rating with a target price of Rs. 638. Management guides FY27 revenue growth similar to FY26, with global product enquiries rising to approximately 18 GW and domestic enquiries doubling YoY to approximately 7 GW. Exports are expected to outgrow the domestic business in FY27. New revenue streams including geothermal, ORC, and CO2-based energy are being explored by the company.
8CareEdge downgrades Madhav Solar Vadodara Rooftop to CARE B+; stable from BB on non-cooperation
CareEdge Ratings downgraded the long-term bank facilities of Madhav Solar (Vadodara Rooftop) Private Limited — amounting to Rs. 5.89 crore — from 'CARE BB; Stable' to 'CARE B+; Stable' after the company failed to cooperate despite repeated information requests via emails in February and March 2026. The rating continues under the 'Issuer Non-Cooperating' category as MSRPL failed to provide monitoring information in breach of its Rating Agreement.
8Borosil Renewables Executive Chairman Pradeep Kumar Kheruka discusses business outlook on ET Now
Borosil Renewables Limited disclosed on May 19, 2026 that its Executive Chairman, Mr. Pradeep Kumar Kheruka, appeared on ET Now to discuss the company's general business update and outlook. The interview is available on the company's official YouTube channel and its website. Borosil Renewables trades on BSE under scrip code 502219 and on NSE as BORORENEW, and manufactures solar glass for the photovoltaic industry. Details
Download tenders and news clips
May 20:
For reference purposes the website carries here the following tenders:
8Tender for work of construction of 33 kV underground line Details
8Tender for complete maintenance work including 33 kV, 11 kV HT/LT maintenance, emergency breakdown etc. Details
8Tender for supply of various type of HT/SS fasteners Details
8Tender for supply of 245KV class centre break isolators with and without earth switch Details
8Tender for annual rate contract for chemical treatment of condenser cooling water system Details
8Tender for works contract for supply, installation, testing and commissioning of 256 ton capacity VRF/VRV chilled air system Details
8Tender for pipeline replacement project Details
8Tender for repair and maintenance of switch yard Details
8Tender for service, repair and maintenance contract of package/ductable ACs installed Details
8Tender for under water inspection, checking, cleaning and temporary sealing Details
8Tender for inner side miscellaneous civil repair works Details
8Tender for paver tiles work Details
8Tender for work of on-line leak sealing services for high pressure & high temperature steam valves, flanges, lines etc. Details
8Tender for work of pipe laying, fabrication and conveyor support structure Details
8Tender for supply and application of mineral wool insulation on various pipes, bends, vessels etc. Details
8Tender for supply of 11kV AB switch Details
8Tender for route survey for construction of 220kV transmission line Details
8Tender for dismantling of 11kV feeder Details
8Tender for shifting of 3 numbers of DTR Details
8Tender for shifting of 11kV 5 No feeder with MVCC Details
8Design, supply, retrofitting installation, testing and commissioning of 145 kV isolators at 132 kV switchyard Details
8Tender for empanelment of electrical contractors for a period of two years for supply of material erection testing commissioning of augmentation of existing 33 kV sub stations lines Details
8Tender for civil works to prevent the 33 kV S/Stn. Details
8Tender for repair of plinth protection,drain,flooring door and windows etc. Details
8Tender for construction of allied civil works to prevent the 33kV S/Stn Panjuana Details
8Tender for construction of allied civil works to prevent the 33kV S/Stn Details
8Tender for civil works to prevent the 33kV S/Stn.Kelnia Details
8Tender for civil works to prevent the 33kV S/Stn.Digoh Details
8Tender for civil works to prevent the 33kV S/Stn. Details
8Tender for procurement of hydraulic actuator 200 50 for FD fan Details
8Tender for supply of solar LED street lights Details
8Tender for supply, installation, testing and commissioning of cargo lifts Details
8Tender for operation and maintenance of the flue gas desulphurization system Details
8Tender for turnkey major overhauling of BHEL make compressors and drive turbines installed Details
8Tender for supply of ACSR dog conductor Details
8Tender for construction of 33 kV sub station Details
8Tender for supply of insulation resistance tester Details
8Tender for R and M of false ceiling, water proofing treatment Details
8Tender for supply along with service support of the of spares of the SWAS system Details
8Tender for construction of pathway on both side of railway track Details
8Tender for power transformers package Details
8Tender for supply and installation of 11 meters height solar high mast Details
8Tender for supply of 11kV and 33kV potential transformers Details
8Tender for supply of strain hardware fittings Details
8Tender for annual maintenance of BG railway track Details
8Tender for supply of 0.433 kV 200KVA Al. Wd. CRGO core distribution transformer Details
8Tender for supply of 0.433 kV 100KVA Al. Wd. CRGO core distribution transformer Details
8Tender for supply of 0.433 kV 63KVA Al. Wd. CRGO core distribution transformer Details
8Tender for supply of 0.433 kV 25KVA Al. Wd. CRGO core distribution transformer Details
8Tender for replacing of 11kV OH with covered conductor Details
8Tender for procurement of 447km 11kV 3Cx300sq.mm XLPE AL UG cable Details
8Tender for construction of HT ABC Details
8Tender for annual maintenance contract of TG sets and allied works Details
8Tender for work of attending on-line/offline oil leakages from various location of 400kV GIS connected generator transformer Details
8Tender for annual maintenance contract of TG sets and allied works Details
8Tender for construction of elevated with development of surrounding area, platform, renovation of existing Details
8Tender for AMC of TG sets and allied works Details
8Tender for annual maintenance contract for round the clock operation including guarding of radial fall gates Details
8Tender for service contract for complete overhauling of rotary air pre heaters Details
8Tender for procurement of spares for CW pumps Details
8Tender for rate contract for supply and delivery of compressed purified hydrogen gas along Details
8Tender for procurement of complete enclosure for feed gate for overhauling Details
8Tender for construction of bituminous road from ash gate Details
8Tender for rate contract for procurement of 120 MT sulphuric acid Details
8Tender for procurement and installation of complete elevator cage of unit 3 chimney lift Details
8Tender for annual rate contract for supply of MSRL pipes of various sizes Details
8Tender for regular water supply by operating valves pumps buster pumps etc Details
8Tender for biennial maintenance contract for horticulture and landscaping activities Details
8Tender for installation of medium velocity water spray system Details
8Tender for procurement of different spares related to bottom ash clinker crusher Details
8Tender for procurement of feed gate complete assembly Details
8Tender for bifurcation of overhead 11 kV feeder Details
8Tender for special repair of M and R work Details
8Tender for supply of De-centralized materials for estimate and construction of new 100 KVA T/F Details
8Tender for supply of decentralized material of estimate and replacement of LT bare conductor Details
8Tender for supply of decentralized material of estimate and replacement of LT bare conductor to A.B cable Details
8Tender for supply of decentralized material Details
8Tender for supply of decentralized material of estimate and replacement of LT bare conductor Details
8Tender for increasing capacity and installation of new DTR work of 08 No. different DTR Details
8Tender for increasing capacity and installation of new DTR work of 08 No. different DTR on town feeder Details
8Tender for increasing capacity and installation of new DTR work Details
8Tender for annual rate of contract for restoration work of attending UG cable fault for 66kV class XLPE corrugated/ poly AL cable various lines Details
8Tender for work of providing and fixing high voltage busbar insulation tape and heat shrinkable busbar insulating tubing Details
8Tender for work of counter poise & patti earthing for 220kV and 110kV lines Details
8Tender for work of overhauling of diverter switch and drive mechanism box of the OLTC of the transformers at various substations Details
8Tender for work of overhauling, servicing & supply of spares of 400kV & 220kV various types of SF6 circuit breaker Details
8Tender for rate contract for maintenance and supply of mandatory spares for 22kV GIS bays Details
8Tender for various civil maintenance works in control room, switchyard Details
8Tender for AMC for the drying out of converter transformer Details
8Tender for supply of 5nos spare numerical distance protection relay Details
8Tender for work of carrying out the earthing audit (health assessment) of existing mat and earthing electrode Details
8Tender for scheme of retrofitting of existing old quadruple break SF6 circuit breakers Details
8Tender for providing & fixing of three phase DSP system Details
8Tender for biennial rate contract for attending running repairs, scheduled, preventive & breakdown maintenance with overhauling of 08 nos. bulldozers Details
8Tender for replacement of existing damaged roof sheets of various Details
8Tender for replacement of conventional insulator Details
8Tender for cleaning of condenser and various cooler Details
8Tender for supply of current transformer(CT) for PA & ID motor during motor capacity Details
8Tender for supply of various guide rollers and stands Details
8Tender for procurement of intercooler & aftercooler tube bunch for air compressor Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Coal Production commences from Urtan and Dhirauli Mines in Madhya Pradesh Details
8Coal India holds Central & Western Zone Consumers Meet at SECL Headquarters Details
8First underground commercial coal mine begins production in Madhya Pradesh Details
8About $1.2 trillion coal import risk puts India at steel crossroads: IECC report Details
8India's peak power demand hits record 260.45 GW as temperatures rise Details
8India Renewable Energy ka Future Bright! BII aur CIP ne kiye Rs 300 Crore ki Deal Details
8India Curtailed 300 GWh of Clean Energy in Q1 as Grid Lags Solar Build Details
8Clean energy, offshore wind among five key agreements signed by India, Norway Details
84 Renewable Energy Stocks With Profit Growth of Up to 10,180% in Q4 to Keep on Your Radar Details
8BII partners with CIP to launch $300M India renewable energy fund Details
8Between coal, chaos and green power Details
8JSW brings smart grid CoE to MSRIT Bengaluru Details
8BII, CIP launch $300 million platform to support India's energy transition Details
8Trade Brains Smallcase Picks: 4 Renewable Energy Stocks to keep on your radar Details
8Beyond Megawatts: Engineering Intelligence into the Energy Value Chain Details
8Adani, RIL, NTPC and Lalitpur sign Maharashtra nuclear power MoUs worth Rs 6.5 lakh crore Details
8Maharashtra signs MoUs for generating 25,000 MW from nuclear power Details
8India meets record 257.37 GW peak power demand without any shortfall Details
8LAPP India showcases its cutting-edge cable and connector solutions at ELASIA 2026 — designed to power the evolving energy landscape. Details
83 ‘Buy’ recommendations by Jefferies, with 15% to 31% upside potential Details
8Karnataka lags in solar power contribution to national grid Details
8Indian acting envoy proposes India, Japan, South Africa energy cooperation Details
8Tighter DSM rules for grid stability raise concerns over RE viability Details
8Why your electricity bill could spike: India’s power demand crosses record 257 GW, hits new high Details
8Geothermal emerges as scalable energy source for India Details
8Tata Power, DGPC sign Bhutan skilling pact Details
8Nine states seen fit for discom privatisation; fiscal deficit may ease to 3% Details
8IMFA bets on ferro chrome expansion, renewables for next growth phase Details
You can also click on Newsclips for more Details
8Tender for work of construction of 33 kV underground line Details
8Tender for complete maintenance work including 33 kV, 11 kV HT/LT maintenance, emergency breakdown etc. Details
8Tender for supply of various type of HT/SS fasteners Details
8Tender for supply of 245KV class centre break isolators with and without earth switch Details
8Tender for annual rate contract for chemical treatment of condenser cooling water system Details
8Tender for works contract for supply, installation, testing and commissioning of 256 ton capacity VRF/VRV chilled air system Details
8Tender for pipeline replacement project Details
8Tender for repair and maintenance of switch yard Details
8Tender for service, repair and maintenance contract of package/ductable ACs installed Details
8Tender for under water inspection, checking, cleaning and temporary sealing Details
8Tender for inner side miscellaneous civil repair works Details
8Tender for paver tiles work Details
8Tender for work of on-line leak sealing services for high pressure & high temperature steam valves, flanges, lines etc. Details
8Tender for work of pipe laying, fabrication and conveyor support structure Details
8Tender for supply and application of mineral wool insulation on various pipes, bends, vessels etc. Details
8Tender for supply of 11kV AB switch Details
8Tender for route survey for construction of 220kV transmission line Details
8Tender for dismantling of 11kV feeder Details
8Tender for shifting of 3 numbers of DTR Details
8Tender for shifting of 11kV 5 No feeder with MVCC Details
8Design, supply, retrofitting installation, testing and commissioning of 145 kV isolators at 132 kV switchyard Details
8Tender for empanelment of electrical contractors for a period of two years for supply of material erection testing commissioning of augmentation of existing 33 kV sub stations lines Details
8Tender for civil works to prevent the 33 kV S/Stn. Details
8Tender for repair of plinth protection,drain,flooring door and windows etc. Details
8Tender for construction of allied civil works to prevent the 33kV S/Stn Panjuana Details
8Tender for construction of allied civil works to prevent the 33kV S/Stn Details
8Tender for civil works to prevent the 33kV S/Stn.Kelnia Details
8Tender for civil works to prevent the 33kV S/Stn.Digoh Details
8Tender for civil works to prevent the 33kV S/Stn. Details
8Tender for procurement of hydraulic actuator 200 50 for FD fan Details
8Tender for supply of solar LED street lights Details
8Tender for supply, installation, testing and commissioning of cargo lifts Details
8Tender for operation and maintenance of the flue gas desulphurization system Details
8Tender for turnkey major overhauling of BHEL make compressors and drive turbines installed Details
8Tender for supply of ACSR dog conductor Details
8Tender for construction of 33 kV sub station Details
8Tender for supply of insulation resistance tester Details
8Tender for R and M of false ceiling, water proofing treatment Details
8Tender for supply along with service support of the of spares of the SWAS system Details
8Tender for construction of pathway on both side of railway track Details
8Tender for power transformers package Details
8Tender for supply and installation of 11 meters height solar high mast Details
8Tender for supply of 11kV and 33kV potential transformers Details
8Tender for supply of strain hardware fittings Details
8Tender for annual maintenance of BG railway track Details
8Tender for supply of 0.433 kV 200KVA Al. Wd. CRGO core distribution transformer Details
8Tender for supply of 0.433 kV 100KVA Al. Wd. CRGO core distribution transformer Details
8Tender for supply of 0.433 kV 63KVA Al. Wd. CRGO core distribution transformer Details
8Tender for supply of 0.433 kV 25KVA Al. Wd. CRGO core distribution transformer Details
8Tender for replacing of 11kV OH with covered conductor Details
8Tender for procurement of 447km 11kV 3Cx300sq.mm XLPE AL UG cable Details
8Tender for construction of HT ABC Details
8Tender for annual maintenance contract of TG sets and allied works Details
8Tender for work of attending on-line/offline oil leakages from various location of 400kV GIS connected generator transformer Details
8Tender for annual maintenance contract of TG sets and allied works Details
8Tender for construction of elevated with development of surrounding area, platform, renovation of existing Details
8Tender for AMC of TG sets and allied works Details
8Tender for annual maintenance contract for round the clock operation including guarding of radial fall gates Details
8Tender for service contract for complete overhauling of rotary air pre heaters Details
8Tender for procurement of spares for CW pumps Details
8Tender for rate contract for supply and delivery of compressed purified hydrogen gas along Details
8Tender for procurement of complete enclosure for feed gate for overhauling Details
8Tender for construction of bituminous road from ash gate Details
8Tender for rate contract for procurement of 120 MT sulphuric acid Details
8Tender for procurement and installation of complete elevator cage of unit 3 chimney lift Details
8Tender for annual rate contract for supply of MSRL pipes of various sizes Details
8Tender for regular water supply by operating valves pumps buster pumps etc Details
8Tender for biennial maintenance contract for horticulture and landscaping activities Details
8Tender for installation of medium velocity water spray system Details
8Tender for procurement of different spares related to bottom ash clinker crusher Details
8Tender for procurement of feed gate complete assembly Details
8Tender for bifurcation of overhead 11 kV feeder Details
8Tender for special repair of M and R work Details
8Tender for supply of De-centralized materials for estimate and construction of new 100 KVA T/F Details
8Tender for supply of decentralized material of estimate and replacement of LT bare conductor Details
8Tender for supply of decentralized material of estimate and replacement of LT bare conductor to A.B cable Details
8Tender for supply of decentralized material Details
8Tender for supply of decentralized material of estimate and replacement of LT bare conductor Details
8Tender for increasing capacity and installation of new DTR work of 08 No. different DTR Details
8Tender for increasing capacity and installation of new DTR work of 08 No. different DTR on town feeder Details
8Tender for increasing capacity and installation of new DTR work Details
8Tender for annual rate of contract for restoration work of attending UG cable fault for 66kV class XLPE corrugated/ poly AL cable various lines Details
8Tender for work of providing and fixing high voltage busbar insulation tape and heat shrinkable busbar insulating tubing Details
8Tender for work of counter poise & patti earthing for 220kV and 110kV lines Details
8Tender for work of overhauling of diverter switch and drive mechanism box of the OLTC of the transformers at various substations Details
8Tender for work of overhauling, servicing & supply of spares of 400kV & 220kV various types of SF6 circuit breaker Details
8Tender for rate contract for maintenance and supply of mandatory spares for 22kV GIS bays Details
8Tender for various civil maintenance works in control room, switchyard Details
8Tender for AMC for the drying out of converter transformer Details
8Tender for supply of 5nos spare numerical distance protection relay Details
8Tender for work of carrying out the earthing audit (health assessment) of existing mat and earthing electrode Details
8Tender for scheme of retrofitting of existing old quadruple break SF6 circuit breakers Details
8Tender for providing & fixing of three phase DSP system Details
8Tender for biennial rate contract for attending running repairs, scheduled, preventive & breakdown maintenance with overhauling of 08 nos. bulldozers Details
8Tender for replacement of existing damaged roof sheets of various Details
8Tender for replacement of conventional insulator Details
8Tender for cleaning of condenser and various cooler Details
8Tender for supply of current transformer(CT) for PA & ID motor during motor capacity Details
8Tender for supply of various guide rollers and stands Details
8Tender for procurement of intercooler & aftercooler tube bunch for air compressor Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Coal Production commences from Urtan and Dhirauli Mines in Madhya Pradesh Details
8Coal India holds Central & Western Zone Consumers Meet at SECL Headquarters Details
8First underground commercial coal mine begins production in Madhya Pradesh Details
8About $1.2 trillion coal import risk puts India at steel crossroads: IECC report Details
8India's peak power demand hits record 260.45 GW as temperatures rise Details
8India Renewable Energy ka Future Bright! BII aur CIP ne kiye Rs 300 Crore ki Deal Details
8India Curtailed 300 GWh of Clean Energy in Q1 as Grid Lags Solar Build Details
8Clean energy, offshore wind among five key agreements signed by India, Norway Details
84 Renewable Energy Stocks With Profit Growth of Up to 10,180% in Q4 to Keep on Your Radar Details
8BII partners with CIP to launch $300M India renewable energy fund Details
8Between coal, chaos and green power Details
8JSW brings smart grid CoE to MSRIT Bengaluru Details
8BII, CIP launch $300 million platform to support India's energy transition Details
8Trade Brains Smallcase Picks: 4 Renewable Energy Stocks to keep on your radar Details
8Beyond Megawatts: Engineering Intelligence into the Energy Value Chain Details
8Adani, RIL, NTPC and Lalitpur sign Maharashtra nuclear power MoUs worth Rs 6.5 lakh crore Details
8Maharashtra signs MoUs for generating 25,000 MW from nuclear power Details
8India meets record 257.37 GW peak power demand without any shortfall Details
8LAPP India showcases its cutting-edge cable and connector solutions at ELASIA 2026 — designed to power the evolving energy landscape. Details
83 ‘Buy’ recommendations by Jefferies, with 15% to 31% upside potential Details
8Karnataka lags in solar power contribution to national grid Details
8Indian acting envoy proposes India, Japan, South Africa energy cooperation Details
8Tighter DSM rules for grid stability raise concerns over RE viability Details
8Why your electricity bill could spike: India’s power demand crosses record 257 GW, hits new high Details
8Geothermal emerges as scalable energy source for India Details
8Tata Power, DGPC sign Bhutan skilling pact Details
8Nine states seen fit for discom privatisation; fiscal deficit may ease to 3% Details
8IMFA bets on ferro chrome expansion, renewables for next growth phase Details
You can also click on Newsclips for more Details
Rs 95 crore transmission EPC win highlights aggressive pricing in turnkey substation bid
May 19:
8A sharp pricing gap in this Rs 95 crore turnkey transmission package highlights intensifying competition around execution risk, scope allocation and EPC strategy.
8The award outcome could influence contractor bidding behaviour in upcoming Tamil Nadu utility transmission tenders. Details
8The award outcome could influence contractor bidding behaviour in upcoming Tamil Nadu utility transmission tenders. Details
Clustered BESS package enters financial-bid stage amid intensifying utility storage competition
May 19:
8UPCL’s battery storage procurement has moved into the financial-bid phase after sustaining strong bidder interest through technical evaluation.
8The contest highlights how utilities are increasingly treating grid-scale storage as strategic network infrastructure rather than a standalone capacity addition. Details
8The contest highlights how utilities are increasingly treating grid-scale storage as strategic network infrastructure rather than a standalone capacity addition. Details
Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day
Contracting news for the day
May 19:
8Rajasthan solar pooling package combines scale and execution risk in single EPC bid
This renewable evacuation package goes beyond routine pooling infrastructure. By combining scale, tighter qualification norms and higher execution accountability into a single EPC contract, the tender could influence pricing and competition trends in future state utility grid projects.
8Thermal retrofit risk pressures coal mill overhaul bidding cycle at ageing power unit
Multiple deadline revisions in this coal mill overhaul tender point to rising contractor caution around retrofit integration, execution exposure and performance accountability in ageing thermal assets. The pattern reflects changing risk allocation trends in thermal maintenance contracting.
8Solar EPC package tightens grid compliance and lifecycle accountability framework
This utility-scale solar tender pushes EPC bidders deeper into domestic sourcing, grid-performance and long-term execution accountability. The structure signals a broader shift in how public-sector renewable procurement is allocating technical and operational risk.
8Hydro rehabilitation EPC package raises contractor exposure across ageing canal corridor
This hydro-corridor rehabilitation tender combines tighter qualification filters with deeper EPC execution responsibility, signalling a shift away from routine civil-repair contracting. The structure points to rising lifecycle and delivery accountability in state hydro asset restoration projects.
8Thermal EMS package compresses ABT/DSM integration and execution accountability
This IB Thermal EMS tender combines integration, commissioning and compliance obligations within a tight execution framework while extending bidder exposure through a long validity cycle. The structure signals evolving operational-technology risk allocation in thermal utility digitalisation projects.
8Industrial-corridor transmission package raises turnkey integration accountability
This transmission package combines evacuation infrastructure, transformation capacity and network engineering within a tightly integrated execution model. The structure pushes greater coordination and delivery responsibility onto contractors, signalling evolving contracting strategies for industrial-corridor power infrastructure.
8Floating solar EPC bidding faces pressure from reservoir-linked execution risks
Multiple deadline extensions in this floating solar EPC tender highlight growing contractor caution around reservoir engineering, execution exposure and lifecycle accountability. The project is emerging as an indicator of how public-sector utilities may allocate risk in future floating solar procurements.
8765kV transmission EPC package reshapes escalation and RoW risk framework
Successive corrigenda in this coastal transmission tender are altering how bidders assess escalation, right-of-way and execution exposure under a reverse-auction model. The evolving structure signals a tougher procurement approach that could influence future high-voltage EPC contracting trends.
Details
This renewable evacuation package goes beyond routine pooling infrastructure. By combining scale, tighter qualification norms and higher execution accountability into a single EPC contract, the tender could influence pricing and competition trends in future state utility grid projects.
8Thermal retrofit risk pressures coal mill overhaul bidding cycle at ageing power unit
Multiple deadline revisions in this coal mill overhaul tender point to rising contractor caution around retrofit integration, execution exposure and performance accountability in ageing thermal assets. The pattern reflects changing risk allocation trends in thermal maintenance contracting.
8Solar EPC package tightens grid compliance and lifecycle accountability framework
This utility-scale solar tender pushes EPC bidders deeper into domestic sourcing, grid-performance and long-term execution accountability. The structure signals a broader shift in how public-sector renewable procurement is allocating technical and operational risk.
8Hydro rehabilitation EPC package raises contractor exposure across ageing canal corridor
This hydro-corridor rehabilitation tender combines tighter qualification filters with deeper EPC execution responsibility, signalling a shift away from routine civil-repair contracting. The structure points to rising lifecycle and delivery accountability in state hydro asset restoration projects.
8Thermal EMS package compresses ABT/DSM integration and execution accountability
This IB Thermal EMS tender combines integration, commissioning and compliance obligations within a tight execution framework while extending bidder exposure through a long validity cycle. The structure signals evolving operational-technology risk allocation in thermal utility digitalisation projects.
8Industrial-corridor transmission package raises turnkey integration accountability
This transmission package combines evacuation infrastructure, transformation capacity and network engineering within a tightly integrated execution model. The structure pushes greater coordination and delivery responsibility onto contractors, signalling evolving contracting strategies for industrial-corridor power infrastructure.
8Floating solar EPC bidding faces pressure from reservoir-linked execution risks
Multiple deadline extensions in this floating solar EPC tender highlight growing contractor caution around reservoir engineering, execution exposure and lifecycle accountability. The project is emerging as an indicator of how public-sector utilities may allocate risk in future floating solar procurements.
8765kV transmission EPC package reshapes escalation and RoW risk framework
Successive corrigenda in this coastal transmission tender are altering how bidders assess escalation, right-of-way and execution exposure under a reverse-auction model. The evolving structure signals a tougher procurement approach that could influence future high-voltage EPC contracting trends.
Details
Daily forward looking import matrices
May 19:
It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details
NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES
May 19:
COAL PRODUCTION & OFFTAKE
8Coal stock at power plants stable on 16 May; Chhabra-II raises red flag at 45% of normative
As per Coal India Limited's Marketing & Sales Division report dated May 16, 2026, coal stock positions at most major thermal power plants remain within acceptable levels. However, Chhabra-II TPP (1,320 MW) in Rajasthan continues to draw attention with coal stock at a critical 45% of normative requirement, down from already-low levels seen on May 12-15. HPGCL's three Haryana plants (Panipat, Rajiv Gandhi, Yamuna Nagar) collectively maintain 137% normative stock cover, while Punjab's PSPCL stations carry an average 131% cover.
8Ropar TPS sits at 160% coal stock cover while Rajasthan's Chhabra-II burns through reserves
According to the Central Electricity Authority's Fuel Management Division daily coal stock report for May 17, 2026, Punjab's Ropar TPS (840 MW) holds coal sufficient for 26 normative days at a robust 160% of requirement, even as Rajasthan's Chhabra-II TPP (1,320 MW) languishes at a critical 45% stock level with 200,100 tonnes on hand against a 443,900-tonne normative requirement. HPGCL's combined capacity of 2,510 MW carries 1,342,200 tonnes at 137% cover, underscoring uneven supply-chain dynamics as peak summer demand intensifies.
8Coal powers India's grid to 4,057 MU on 16 May; nuclear overachieves programme by 6% with 179 MU
The Central Electricity Authority's fuel-wise generation report for May 16, 2026 shows coal-based generation at 4,057.65 MU against a programme of 3,783.11 MU, a 7.2% overshoot driven by rising demand. Nuclear plants generated 179.15 MU versus a programme of 168.84 MU, a 6.1% surplus. Hydro delivered 427.99 MU including 24.03 MU of Bhutan imports. Compared to May 15, coal output rose by over 105 MU. Cumulatively from April 1 to May 16, total generation stands at 208,316.52 MU against a target of 216,686.94 MU.
E-AUCTION & PRICING
8IEX DAM clears 1,22,675 MWh at avg MCP Rs. 5,708/MWh on 18 May 2026; price spikes 10x off-peak vs solar hours
The Indian Energy Exchange Day-Ahead Market recorded a total cleared volume of 1,22,675.37 MWh on 18 May 2026, with purchase bids reaching 4,32,585.72 MWh against sell bids of 4,02,337.61 MWh. The weighted average Market Clearing Price stood at Rs. 5,710.26/MWh. MCP peaked at Rs. 10,000/MWh during off-peak night hours (Hours 1-4 and 20-24), while the day's lowest price of Rs. 1,512.96/MWh was observed during Hour 9 (08:00-09:00), signalling strong solar-led supply glut in morning hours.
8IEX RTM trades 1,64,278 MWh at avg MCP Rs. 4,933/MWh on 18 May; price crashes to Rs. 437 in Hour 7
The IEX Real-Time Market on 18 May 2026 cleared a total of 1,64,278.09 MWh with total purchase bids of 3,52,003.48 MWh and sell bids of 3,24,553.40 MWh. The weighted average MCP for the day was Rs. 4,935.44/MWh. The most striking price event occurred during Hour 7 (06:00-07:00), where the MCP collapsed to Rs. 436.62/MWh, the day's lowest, reflecting peak solar generation overwhelming demand. Evening hours saw a price reversal, with Hour 19 (18:00-19:00) spiking to Rs. 8,486.50/MWh as solar output faded. Details
8Coal stock at power plants stable on 16 May; Chhabra-II raises red flag at 45% of normative
As per Coal India Limited's Marketing & Sales Division report dated May 16, 2026, coal stock positions at most major thermal power plants remain within acceptable levels. However, Chhabra-II TPP (1,320 MW) in Rajasthan continues to draw attention with coal stock at a critical 45% of normative requirement, down from already-low levels seen on May 12-15. HPGCL's three Haryana plants (Panipat, Rajiv Gandhi, Yamuna Nagar) collectively maintain 137% normative stock cover, while Punjab's PSPCL stations carry an average 131% cover.
8Ropar TPS sits at 160% coal stock cover while Rajasthan's Chhabra-II burns through reserves
According to the Central Electricity Authority's Fuel Management Division daily coal stock report for May 17, 2026, Punjab's Ropar TPS (840 MW) holds coal sufficient for 26 normative days at a robust 160% of requirement, even as Rajasthan's Chhabra-II TPP (1,320 MW) languishes at a critical 45% stock level with 200,100 tonnes on hand against a 443,900-tonne normative requirement. HPGCL's combined capacity of 2,510 MW carries 1,342,200 tonnes at 137% cover, underscoring uneven supply-chain dynamics as peak summer demand intensifies.
8Coal powers India's grid to 4,057 MU on 16 May; nuclear overachieves programme by 6% with 179 MU
The Central Electricity Authority's fuel-wise generation report for May 16, 2026 shows coal-based generation at 4,057.65 MU against a programme of 3,783.11 MU, a 7.2% overshoot driven by rising demand. Nuclear plants generated 179.15 MU versus a programme of 168.84 MU, a 6.1% surplus. Hydro delivered 427.99 MU including 24.03 MU of Bhutan imports. Compared to May 15, coal output rose by over 105 MU. Cumulatively from April 1 to May 16, total generation stands at 208,316.52 MU against a target of 216,686.94 MU.
E-AUCTION & PRICING
8IEX DAM clears 1,22,675 MWh at avg MCP Rs. 5,708/MWh on 18 May 2026; price spikes 10x off-peak vs solar hours
The Indian Energy Exchange Day-Ahead Market recorded a total cleared volume of 1,22,675.37 MWh on 18 May 2026, with purchase bids reaching 4,32,585.72 MWh against sell bids of 4,02,337.61 MWh. The weighted average Market Clearing Price stood at Rs. 5,710.26/MWh. MCP peaked at Rs. 10,000/MWh during off-peak night hours (Hours 1-4 and 20-24), while the day's lowest price of Rs. 1,512.96/MWh was observed during Hour 9 (08:00-09:00), signalling strong solar-led supply glut in morning hours.
8IEX RTM trades 1,64,278 MWh at avg MCP Rs. 4,933/MWh on 18 May; price crashes to Rs. 437 in Hour 7
The IEX Real-Time Market on 18 May 2026 cleared a total of 1,64,278.09 MWh with total purchase bids of 3,52,003.48 MWh and sell bids of 3,24,553.40 MWh. The weighted average MCP for the day was Rs. 4,935.44/MWh. The most striking price event occurred during Hour 7 (06:00-07:00), where the MCP collapsed to Rs. 436.62/MWh, the day's lowest, reflecting peak solar generation overwhelming demand. Evening hours saw a price reversal, with Hour 19 (18:00-19:00) spiking to Rs. 8,486.50/MWh as solar output faded. Details
NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY
May 19:
PEAK DEMAND & GRID FREQUENCY
8India's national grid meets 241,237 MW evening peak on 18 May; Northern Region posts 601 MW shortage
Grid Controller of India Limited's National Load Despatch Centre reported that the country's combined evening peak demand of 241,237 MW was nearly fully met on May 18, 2026, with a residual shortage of just 601 MW, entirely attributable to the Northern Region. The Western Region topped regional demand at 74,057 MW during evening peak, followed by the Northern Region at 80,411 MW and the Southern Region at 53,346 MW. Total all-India energy delivered for the day stood at 5,615 MU. Maximum demand peaked at 257,370 MW at 15:42 hrs.
8India's coal plants achieve 91% availability on 16 May; nuclear fleet hits 91.78% utilisation in summer run
The Central Electricity Authority's Sub-Report 16 for May 16, 2026 shows India's 222,697 MW coal fleet with 201,658 MW on the line, a 91.03% availability rate, and achieving a net output of 183,572 MW, or 82.43% of monitored capacity. This marks improvement over May 15, when coal availability stood at 90.37%. Nuclear plants (8,780 MW total monitored) delivered 7,012 MW net, representing 79.87% utilisation. Hydro capacity of 51,914 MW had 41,771 MW online with maximum power output of 35,648 MW.
8India's total power generation jumps to 4,869 MU on 16 May; Northern Region overshoots programme
The Central Electricity Authority's daily generation overview for May 16, 2026 shows India's total actual generation at 4,869.36 MU against a programme of 4,583.58 MU, a significant overshoot. The Northern Region posted actual generation of 1,224.87 MU, beating its programme of 1,193.90 MU by 31 MU, a sharp reversal from May 15 when the same region fell short. April 1 to May 16 cumulative generation stood at 208,316.52 MU against a target of 216,686.94 MU, a 3.9% shortfall reflecting the persistent gap between ambition and delivery.
8Southern grid averages 50.004 Hz on 18 May; frequency within IEGC band for 99.97% of day
Grid-India's SRLDC recorded a near-perfect frequency performance on May 18, 2026, with the average frequency clocking 50.004 Hz against the standard 50 Hz target, and a standard deviation of just 0.05. The grid remained within the IEGC band (49.7-50.2 Hz) for 99.965% of the day, or 1,439.5 minutes out of 1,440. The frequency deviation index stood at a low 0.025. Maximum instantaneous frequency touched 50.204 Hz at 14:04:40, while the minimum dipped to 49.769 Hz at 00:04:30.
8Southern Region meets 53,346 MW evening peak on 18 May with zero shortage; total day energy 1,298 MU
Grid Controller of India's SRLDC reported a deficit-free power day on May 18, 2026, meeting an evening peak demand of 53,346 MW at 20:00 hrs with zero shortage and a healthy grid frequency of 50.04 Hz. During off-peak hours at 03:00, 46,624 MW was met again with no shortfall. Total day energy supplied stood at 1,298.32 MU. Tamil Nadu was the largest consumer at 382.09 MU, followed by Karnataka at 291.88 MU and Andhra Pradesh at 274.18 MU. Solar contributed 174.53 MU across states.
OCC MEETINGS & OUTAGE PLANNING
8TANTRANSCO's 765 kV network hit by multiple faults; 20 transmission elements trip on 18 May
Grid Controller of India Limited's SRLDC reported 20 forced transmission outages on May 18, 2026, with TANTRANSCO bearing the biggest blow as three 765 kV lines, including NCPS-Ariyalur, NCPS-NCTPS STG3-1, and NCPS-NCTPS STG3-2, tripped simultaneously at 23:30 hrs due to an R-N fault. KPTCL's 400 kV Nelamangala-Taluguppa-1 and APTRANSCO's 400 kV/220 kV Jammalamadugu ICT-1 and ICT-3 transformers also went down. A JSW RE transformer was revived after a 7.5-day outage.
8North Chennai TPS Unit 6 (800 MW) trips at 23:30 on 18 May following TANTRANSCO line cascade
Grid Controller of India Limited's SRLDC flagged a critical thermal outage on May 18, 2026: North Chennai TPS Stage-III Unit 6, rated 800 MW, tripped at 23:30 hrs following a loss of evacuation after the NCPS-Ariyalur 765 kV line went down. Talcher ST2's 500 MW unit also tripped at 15:22 due to SPS on pole tripping, but was revived by 19:12. On the reservoir front, Idukki stood at 708.27 m with stored energy of 560.11 MU, while Mettur's level was reported at 748.98 m against last year's 778.52 m, a year-on-year deficit.
8Adani Power Raipur loses 1,370 MW in grid trip; Ghatampur TPP Unit 2 lingers in ID fan trouble since 6 May
The Central Electricity Authority's Sub-Report 11 for May 16, 2026, tracking 500 MW and above units, reveals that Adani Power Limited's Raipur TPP lost both its 685 MW units to transmission line tripping within minutes of each other on the evening of May 16, a combined capacity loss of 1,370 MW. NTPC's Ghatampur TPP Unit 2 (660 MW) in Uttar Pradesh, forced offline since May 6 due to ID fan failure, remained unresolved. Chhattisgarh's Korba Super TPS Unit 5 (500 MW) continues annual overhaul work initiated May 15.
81,778 MW of LANCO and NPCIL units offline in central sector; Srisailam Left Bank under annual overhaul
Grid Controller of India Limited's SRLDC reported that 1,778 MW of central sector generating capacity remained under planned outage on May 18, 2026, dominated by LANCO's LKPPL Stage 2 and Stage 3 units in Andhra Pradesh, many entangled in NCLT proceedings since 2016. NPCIL's KAIGA Stage 1 (220 MW) has been down since March 2025 for EMCCR activities, with revival expected only by September 2026. TGGENCO's Srisailam Left Bank Power House had 600 MW (units 1, 3, 5, 6) under annual overhauling since May 9.
REGIONAL ENERGY ACCOUNT
8MSEB faces Rs. 8.27 crore payable burden as WR-ER inter-regional DSM tops Rs. 234 crore in WRPC account
The Western Regional Power Committee released its ABT-based Deviation Settlement Mechanism account for the week of 27 April to 03 May 2026, revealing a massive inter-regional payable obligation of Rs. 234.49 crore by the Western Region towards the Eastern Region. Among Western Region beneficiaries, Maharashtra State Electricity Board emerged as the biggest payer with a net DSM of Rs. 8.27 crore payable, while Gujarat received Rs. 6.78 crore. In the renewable segment, AREH5L_KHAVDAPS1_QCA led receivables at Rs. 10.91 crore.
8NTPC Kudgi tops SCED receivables at Rs. 24.91 crore in SRPC's April 2026 account
The Southern Regional Power Committee published the Smart Control of Economic Dispatch monthly account for April 2026, covering 14 SCED generators across the Southern Region from 01 to 30 April 2026. NTPC Kudgi Super Thermal Power Station (Unit I) recorded the highest net receivable of Rs. 24.91 crore, with increment scheduling of 9,894.63 MWHr against decrement scheduling of 68,414.12 MWHr. The overall National Pool Account is a net payable of Rs. 31.22 crore to SCED generators in the aggregate.
8Adani's Godda plant exports 710.83 million units to Bangladesh in April 2026 under special CEA arrangement
The Eastern Regional Power Committee released the Regional Energy Accounting statement showing that APJL (Adani Power Jharkhand Limited) exported a total of 710.827 million units of electricity from its Godda Generating Station in Jharkhand to Bangladesh during April 2026. The export was carried out as per the decision of a special meeting held on 01 May 2023, chaired by the Member (Power System), Central Electricity Authority. The statement, issued as ERPC/COMM/REA-GODDA/2025-26/317 dated 08 May 2026, was shared with APJL's CEO, ERLDC, and CEA. Details
8India's national grid meets 241,237 MW evening peak on 18 May; Northern Region posts 601 MW shortage
Grid Controller of India Limited's National Load Despatch Centre reported that the country's combined evening peak demand of 241,237 MW was nearly fully met on May 18, 2026, with a residual shortage of just 601 MW, entirely attributable to the Northern Region. The Western Region topped regional demand at 74,057 MW during evening peak, followed by the Northern Region at 80,411 MW and the Southern Region at 53,346 MW. Total all-India energy delivered for the day stood at 5,615 MU. Maximum demand peaked at 257,370 MW at 15:42 hrs.
8India's coal plants achieve 91% availability on 16 May; nuclear fleet hits 91.78% utilisation in summer run
The Central Electricity Authority's Sub-Report 16 for May 16, 2026 shows India's 222,697 MW coal fleet with 201,658 MW on the line, a 91.03% availability rate, and achieving a net output of 183,572 MW, or 82.43% of monitored capacity. This marks improvement over May 15, when coal availability stood at 90.37%. Nuclear plants (8,780 MW total monitored) delivered 7,012 MW net, representing 79.87% utilisation. Hydro capacity of 51,914 MW had 41,771 MW online with maximum power output of 35,648 MW.
8India's total power generation jumps to 4,869 MU on 16 May; Northern Region overshoots programme
The Central Electricity Authority's daily generation overview for May 16, 2026 shows India's total actual generation at 4,869.36 MU against a programme of 4,583.58 MU, a significant overshoot. The Northern Region posted actual generation of 1,224.87 MU, beating its programme of 1,193.90 MU by 31 MU, a sharp reversal from May 15 when the same region fell short. April 1 to May 16 cumulative generation stood at 208,316.52 MU against a target of 216,686.94 MU, a 3.9% shortfall reflecting the persistent gap between ambition and delivery.
8Southern grid averages 50.004 Hz on 18 May; frequency within IEGC band for 99.97% of day
Grid-India's SRLDC recorded a near-perfect frequency performance on May 18, 2026, with the average frequency clocking 50.004 Hz against the standard 50 Hz target, and a standard deviation of just 0.05. The grid remained within the IEGC band (49.7-50.2 Hz) for 99.965% of the day, or 1,439.5 minutes out of 1,440. The frequency deviation index stood at a low 0.025. Maximum instantaneous frequency touched 50.204 Hz at 14:04:40, while the minimum dipped to 49.769 Hz at 00:04:30.
8Southern Region meets 53,346 MW evening peak on 18 May with zero shortage; total day energy 1,298 MU
Grid Controller of India's SRLDC reported a deficit-free power day on May 18, 2026, meeting an evening peak demand of 53,346 MW at 20:00 hrs with zero shortage and a healthy grid frequency of 50.04 Hz. During off-peak hours at 03:00, 46,624 MW was met again with no shortfall. Total day energy supplied stood at 1,298.32 MU. Tamil Nadu was the largest consumer at 382.09 MU, followed by Karnataka at 291.88 MU and Andhra Pradesh at 274.18 MU. Solar contributed 174.53 MU across states.
OCC MEETINGS & OUTAGE PLANNING
8TANTRANSCO's 765 kV network hit by multiple faults; 20 transmission elements trip on 18 May
Grid Controller of India Limited's SRLDC reported 20 forced transmission outages on May 18, 2026, with TANTRANSCO bearing the biggest blow as three 765 kV lines, including NCPS-Ariyalur, NCPS-NCTPS STG3-1, and NCPS-NCTPS STG3-2, tripped simultaneously at 23:30 hrs due to an R-N fault. KPTCL's 400 kV Nelamangala-Taluguppa-1 and APTRANSCO's 400 kV/220 kV Jammalamadugu ICT-1 and ICT-3 transformers also went down. A JSW RE transformer was revived after a 7.5-day outage.
8North Chennai TPS Unit 6 (800 MW) trips at 23:30 on 18 May following TANTRANSCO line cascade
Grid Controller of India Limited's SRLDC flagged a critical thermal outage on May 18, 2026: North Chennai TPS Stage-III Unit 6, rated 800 MW, tripped at 23:30 hrs following a loss of evacuation after the NCPS-Ariyalur 765 kV line went down. Talcher ST2's 500 MW unit also tripped at 15:22 due to SPS on pole tripping, but was revived by 19:12. On the reservoir front, Idukki stood at 708.27 m with stored energy of 560.11 MU, while Mettur's level was reported at 748.98 m against last year's 778.52 m, a year-on-year deficit.
8Adani Power Raipur loses 1,370 MW in grid trip; Ghatampur TPP Unit 2 lingers in ID fan trouble since 6 May
The Central Electricity Authority's Sub-Report 11 for May 16, 2026, tracking 500 MW and above units, reveals that Adani Power Limited's Raipur TPP lost both its 685 MW units to transmission line tripping within minutes of each other on the evening of May 16, a combined capacity loss of 1,370 MW. NTPC's Ghatampur TPP Unit 2 (660 MW) in Uttar Pradesh, forced offline since May 6 due to ID fan failure, remained unresolved. Chhattisgarh's Korba Super TPS Unit 5 (500 MW) continues annual overhaul work initiated May 15.
81,778 MW of LANCO and NPCIL units offline in central sector; Srisailam Left Bank under annual overhaul
Grid Controller of India Limited's SRLDC reported that 1,778 MW of central sector generating capacity remained under planned outage on May 18, 2026, dominated by LANCO's LKPPL Stage 2 and Stage 3 units in Andhra Pradesh, many entangled in NCLT proceedings since 2016. NPCIL's KAIGA Stage 1 (220 MW) has been down since March 2025 for EMCCR activities, with revival expected only by September 2026. TGGENCO's Srisailam Left Bank Power House had 600 MW (units 1, 3, 5, 6) under annual overhauling since May 9.
REGIONAL ENERGY ACCOUNT
8MSEB faces Rs. 8.27 crore payable burden as WR-ER inter-regional DSM tops Rs. 234 crore in WRPC account
The Western Regional Power Committee released its ABT-based Deviation Settlement Mechanism account for the week of 27 April to 03 May 2026, revealing a massive inter-regional payable obligation of Rs. 234.49 crore by the Western Region towards the Eastern Region. Among Western Region beneficiaries, Maharashtra State Electricity Board emerged as the biggest payer with a net DSM of Rs. 8.27 crore payable, while Gujarat received Rs. 6.78 crore. In the renewable segment, AREH5L_KHAVDAPS1_QCA led receivables at Rs. 10.91 crore.
8NTPC Kudgi tops SCED receivables at Rs. 24.91 crore in SRPC's April 2026 account
The Southern Regional Power Committee published the Smart Control of Economic Dispatch monthly account for April 2026, covering 14 SCED generators across the Southern Region from 01 to 30 April 2026. NTPC Kudgi Super Thermal Power Station (Unit I) recorded the highest net receivable of Rs. 24.91 crore, with increment scheduling of 9,894.63 MWHr against decrement scheduling of 68,414.12 MWHr. The overall National Pool Account is a net payable of Rs. 31.22 crore to SCED generators in the aggregate.
8Adani's Godda plant exports 710.83 million units to Bangladesh in April 2026 under special CEA arrangement
The Eastern Regional Power Committee released the Regional Energy Accounting statement showing that APJL (Adani Power Jharkhand Limited) exported a total of 710.827 million units of electricity from its Godda Generating Station in Jharkhand to Bangladesh during April 2026. The export was carried out as per the decision of a special meeting held on 01 May 2023, chaired by the Member (Power System), Central Electricity Authority. The statement, issued as ERPC/COMM/REA-GODDA/2025-26/317 dated 08 May 2026, was shared with APJL's CEO, ERLDC, and CEA. Details
NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS
May 19:
CEA & GRID STANDARDS
8CEA's April 2026 report: NERPSIP progresses across 6 north-eastern states with Rs. 6,700 crore revised cost
The Central Electricity Authority published its Monthly Progress Report for Central Funded Schemes (April 2026) covering four major projects: the North-Eastern Region Power System Improvement Project (NERPSIP) executed by PGCIL for Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura at a revised cost of Rs. 6,700 crore (originally sanctioned at Rs. 5,111.33 crore), the Comprehensive Scheme for Arunachal Pradesh and Sikkim, Prime Minister's Development Package-2015, and Prime Minister's Reconstruction Plan-2004.
8CEA's long-term resource adequacy plan projects MSEDCL generation needs through 2035-36
The Central Electricity Authority released Version 3.0 of the Long-Term Distribution Licensee Resource Adequacy Plan (LT-DRAP) for MSEDCL for the period FY 2026-27 to FY 2035-36 in April 2026. The plan, mandated under Resource Adequacy Guidelines dated 28th June 2023, analyses MSEDCL's generation expansion requirements using the ORDENA modelling tool, assesses reliability through unserved energy projections, renewable energy variability, and thermal generator forced outages, and charts investment options for gap coverage over the coming decade.
8CEA's April transformation capacity addition hits 11,325 MVA against 5,875 MVA monthly target
The Central Electricity Authority's Executive Summary for transformation capacity (220 kV and above) reveals that actual capacity addition in April 2026 stood at 11,325 MVA against a monthly target of only 5,875 MVA, an overachievement of 93%. The 765 kV segment led with 9,000 MVA achieved (target: 4,500 MVA), including 6,000 MVA by POWERGRID and 3,000 MVA by private sector. The 400 kV sector achieved 815 MVA versus a target of 315 MVA, and 220/230 kV achieved 1,510 MVA versus a target of 1,060 MVA.
8CEA's April transmission line target surpassed: 901 ckm achieved vs 601 ckm target; 400 kV overachieves 3.5x
The Central Electricity Authority's Executive Summary for transmission lines (220 kV and above) for April 2026 shows that actual additions of 901 ckm far exceeded the monthly target of 601 ckm. The 400 kV segment alone contributed 836 ckm against a target of 238 ckm, an overachievement of over 3.5 times, led by state sector additions (628 ckm vs 172 ckm target) and central sector (142 ckm). The 220 kV segment achieved 65 ckm against a target of 430 ckm. The FY 2026-27 annual target stands at 17,860 ckm.
8Meghalaya Power Generation Corp releases 2026 guidelines for Ganol Dam radial gate water discharge
Meghalaya Power Generation Corporation Limited issued a comprehensive set of operational guidelines in 2026 for the regulated and safe release of water through the Radial Gates of the Ganol Concrete Dam. The guidelines mandate round-the-clock operability of all radial gates to manage reservoir levels during flood conditions, safeguard dam abutments from overtopping, and ensure controlled downstream flow. The framework covers flood events, emergencies, sabotage scenarios, and natural disasters, balancing safety imperatives with optimised water storage for electricity generation.
TENDERS & PROCUREMENT (GeM/NIT)
8HPX launches reverse auction for Rajasthan's 500 MW thermal power for June 2026 delivery
Hindustan Power Exchange Limited issued Circular No. HPX_RA_00958 on May 18, 2026 for an Any-day(s) Single Side Reverse Auction (Auction No. HPX/18052026/00987) on behalf of buyer Rajasthan Urja Vikas and IT Services Limited. The auction seeks 500 MW of thermal energy for delivery from June 1-30, 2026, with a minimum bid quantity of 20 MW. Seller interest submissions are open from May 18-20, 2026, with the e-Reverse Auction window scheduled for May 20 and allocation finalization by May 22, 2026.
8HPX floats reverse auctions for 500 MW thermal power for July 2026 night and evening hour blocks
Hindustan Power Exchange Limited launched two Reverse Auctions on May 18, 2026 for the procurement of 500 MW thermal power by Rajasthan Urja Vikas and IT Services Limited for delivery during July 1-31, 2026: Auction No. HPX/18052026/00988 covering the 00:00-08:00 hours block and Auction No. HPX/18052026/00989 covering the 18:00-24:00 hours block. The auction process runs from May 18 to May 22, 2026, with minimum bid quantity set at 20 MW. Simultaneous auctions are also underway on IEX and PXIL platforms.
8HPX launches reverse auctions for UPCL's 200 MW multi-source power for June 2026 in three time blocks
Hindustan Power Exchange Limited issued Circulars HPX_RA_00961 and HPX_RA_00962 on May 18, 2026 for Reverse Auctions on behalf of buyer Uttarakhand Power Corporation Limited. One auction seeks 200 MW of power from solar, non-solar, hydro, and thermal sources for round-the-clock delivery from June 1-30, 2026, while another seeks two separate 200 MW lots for off-peak midnight to 6:00 AM and peak 18:00-24:00 blocks. Seller interest submissions ran from May 18-19, 2026, with allocations to be finalized by May 21, 2026.
8Rajasthan Urja Vikas lists DADRI LIQ at Rs. 25.33/kWh as costliest source in 18-24 May merit order
Rajasthan Urja Vikas and IT Services Limited released the Merit Order Dispatch schedule for 18-24 May 2026, ranking power sources from costliest to most economical based on fixed cost, variable cost, and combined tariff (inclusive of all-India transmission losses). DADRI Liquid (LIQ) topped the list at a combined tariff of Rs. 25.33/kWh (variable cost Rs. 24.782/kWh, fixed cost Rs. 0.55/kWh), followed by AURIYA LIQ at Rs. 24.06/kWh, while CGPL/TPCL, Suratgarh Thermal (STPS), and IGSTPS-Jhajjar offered the most cost-competitive power in the Rs. 5-6/kWh range. Details
8CEA's April 2026 report: NERPSIP progresses across 6 north-eastern states with Rs. 6,700 crore revised cost
The Central Electricity Authority published its Monthly Progress Report for Central Funded Schemes (April 2026) covering four major projects: the North-Eastern Region Power System Improvement Project (NERPSIP) executed by PGCIL for Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura at a revised cost of Rs. 6,700 crore (originally sanctioned at Rs. 5,111.33 crore), the Comprehensive Scheme for Arunachal Pradesh and Sikkim, Prime Minister's Development Package-2015, and Prime Minister's Reconstruction Plan-2004.
8CEA's long-term resource adequacy plan projects MSEDCL generation needs through 2035-36
The Central Electricity Authority released Version 3.0 of the Long-Term Distribution Licensee Resource Adequacy Plan (LT-DRAP) for MSEDCL for the period FY 2026-27 to FY 2035-36 in April 2026. The plan, mandated under Resource Adequacy Guidelines dated 28th June 2023, analyses MSEDCL's generation expansion requirements using the ORDENA modelling tool, assesses reliability through unserved energy projections, renewable energy variability, and thermal generator forced outages, and charts investment options for gap coverage over the coming decade.
8CEA's April transformation capacity addition hits 11,325 MVA against 5,875 MVA monthly target
The Central Electricity Authority's Executive Summary for transformation capacity (220 kV and above) reveals that actual capacity addition in April 2026 stood at 11,325 MVA against a monthly target of only 5,875 MVA, an overachievement of 93%. The 765 kV segment led with 9,000 MVA achieved (target: 4,500 MVA), including 6,000 MVA by POWERGRID and 3,000 MVA by private sector. The 400 kV sector achieved 815 MVA versus a target of 315 MVA, and 220/230 kV achieved 1,510 MVA versus a target of 1,060 MVA.
8CEA's April transmission line target surpassed: 901 ckm achieved vs 601 ckm target; 400 kV overachieves 3.5x
The Central Electricity Authority's Executive Summary for transmission lines (220 kV and above) for April 2026 shows that actual additions of 901 ckm far exceeded the monthly target of 601 ckm. The 400 kV segment alone contributed 836 ckm against a target of 238 ckm, an overachievement of over 3.5 times, led by state sector additions (628 ckm vs 172 ckm target) and central sector (142 ckm). The 220 kV segment achieved 65 ckm against a target of 430 ckm. The FY 2026-27 annual target stands at 17,860 ckm.
8Meghalaya Power Generation Corp releases 2026 guidelines for Ganol Dam radial gate water discharge
Meghalaya Power Generation Corporation Limited issued a comprehensive set of operational guidelines in 2026 for the regulated and safe release of water through the Radial Gates of the Ganol Concrete Dam. The guidelines mandate round-the-clock operability of all radial gates to manage reservoir levels during flood conditions, safeguard dam abutments from overtopping, and ensure controlled downstream flow. The framework covers flood events, emergencies, sabotage scenarios, and natural disasters, balancing safety imperatives with optimised water storage for electricity generation.
TENDERS & PROCUREMENT (GeM/NIT)
8HPX launches reverse auction for Rajasthan's 500 MW thermal power for June 2026 delivery
Hindustan Power Exchange Limited issued Circular No. HPX_RA_00958 on May 18, 2026 for an Any-day(s) Single Side Reverse Auction (Auction No. HPX/18052026/00987) on behalf of buyer Rajasthan Urja Vikas and IT Services Limited. The auction seeks 500 MW of thermal energy for delivery from June 1-30, 2026, with a minimum bid quantity of 20 MW. Seller interest submissions are open from May 18-20, 2026, with the e-Reverse Auction window scheduled for May 20 and allocation finalization by May 22, 2026.
8HPX floats reverse auctions for 500 MW thermal power for July 2026 night and evening hour blocks
Hindustan Power Exchange Limited launched two Reverse Auctions on May 18, 2026 for the procurement of 500 MW thermal power by Rajasthan Urja Vikas and IT Services Limited for delivery during July 1-31, 2026: Auction No. HPX/18052026/00988 covering the 00:00-08:00 hours block and Auction No. HPX/18052026/00989 covering the 18:00-24:00 hours block. The auction process runs from May 18 to May 22, 2026, with minimum bid quantity set at 20 MW. Simultaneous auctions are also underway on IEX and PXIL platforms.
8HPX launches reverse auctions for UPCL's 200 MW multi-source power for June 2026 in three time blocks
Hindustan Power Exchange Limited issued Circulars HPX_RA_00961 and HPX_RA_00962 on May 18, 2026 for Reverse Auctions on behalf of buyer Uttarakhand Power Corporation Limited. One auction seeks 200 MW of power from solar, non-solar, hydro, and thermal sources for round-the-clock delivery from June 1-30, 2026, while another seeks two separate 200 MW lots for off-peak midnight to 6:00 AM and peak 18:00-24:00 blocks. Seller interest submissions ran from May 18-19, 2026, with allocations to be finalized by May 21, 2026.
8Rajasthan Urja Vikas lists DADRI LIQ at Rs. 25.33/kWh as costliest source in 18-24 May merit order
Rajasthan Urja Vikas and IT Services Limited released the Merit Order Dispatch schedule for 18-24 May 2026, ranking power sources from costliest to most economical based on fixed cost, variable cost, and combined tariff (inclusive of all-India transmission losses). DADRI Liquid (LIQ) topped the list at a combined tariff of Rs. 25.33/kWh (variable cost Rs. 24.782/kWh, fixed cost Rs. 0.55/kWh), followed by AURIYA LIQ at Rs. 24.06/kWh, while CGPL/TPCL, Suratgarh Thermal (STPS), and IGSTPS-Jhajjar offered the most cost-competitive power in the Rs. 5-6/kWh range. Details
NEWS UPDATE: RENEWABLE ENERGY
May 19:
SOLAR POWER
8India's renewable output surges in May 2026; Rajasthan drives solar push with 266 MU on May 15
India's Central Electricity Authority data shows renewable energy output climbing steadily through mid-May 2026. On May 15, Rajasthan alone generated 266.03 MU of renewable power in a single day, the highest among all states, powered by 22.73 MU of wind and 240.88 MU of solar. By May 16 and May 17, cumulative May generation figures continued rising across Northern and other regions, reflecting a strong ramp-up in green capacity utilisation as India heads deeper into the summer generation season.
8Borosil Renewables submits clean Secretarial Compliance Report for FY 2025-26; solar glass manufacturer flags growth
Borosil Renewables Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, issued by M/s Dhrumil M. Shah & Co. LLP. The report certifies compliance with all applicable SEBI regulations during the year, including LODR, ICDR, Takeover, Insider Trading, and other applicable regulations. The company is a manufacturer of solar glass, essential for solar panels, and an important domestic supplier supporting India's growing PV module manufacturing ecosystem under self-reliance goals.
WIND & HYBRID POWER
8Suzlon Energy schedules board meeting on 25 May to approve Q4 FY26 financial results
Suzlon Energy Limited informed stock exchanges that its Board of Directors will meet on May 25, 2026, to consider and approve standalone and consolidated financial results for Q4 (unaudited) and FY 2025-26 (audited), ending March 31, 2026. The trading window remains closed from April 1, 2026, until 48 hours after the results are declared, reopening on May 28, 2026. Suzlon, India's largest wind turbine manufacturer, is closely watched amid strong renewable ordering momentum and policy tailwinds for wind capacity addition.
8Insolation Energy schedules board on 25 May for FY26 results and ESOP 2024 share allotment
Insolation Energy Limited notified exchanges that its Board will meet on May 25, 2026, to consider and approve standalone and consolidated audited financial results for Q4 and FY 2025-26, and also to allot equity shares under the Insolation Energy Employee Stock Option Plan 2024 (ESOP 2024). The trading window for designated persons remains closed until May 27, 2026, 48 hours after the results declaration. The company operates in the solar PV module manufacturing segment with growing focus on integrated renewable solutions.
STORAGE & GREEN HYDROGEN
8India's 2025 BESS auctions allocate 10.4 GW; 71% of total storage tendering now standalone, says IEEFA-JMK
A joint report by IEEFA and JMK Research and Analytics titled Viability of Standalone Battery Energy Storage Tariffs Discovered in 2025 reveals that standalone ESS tenders constituted more than 71% of total storage capacity tendered in India in 2025, with standalone BESS projects accounting for 60% of this. A total of 10.4 GW of standalone BESS capacity was allocated in 2025. The report analyses tariff viability against benchmark costs, execution risks, and the future outlook for India's rapidly growing energy storage sector.
8EV adoption set to cross 40% of global new car sales by 2030 as energy security drives electrification
A research report dated May 18, 2026 notes that renewed oil price volatility and Middle East geopolitical tensions have pushed energy security back to the forefront of policy agendas, particularly for oil-importing Asian economies. The International Energy Agency projects EVs could account for more than 40% of global new car sales by 2030 under stated policies. Falling battery costs aided by lower lithium prices, LFP technology and sodium-ion innovation are accelerating EV adoption with Battery ESS as a parallel growth engine.
POLICY & INCENTIVES
8IEEFA calls for 99% uptime mandates in Delhi EV Policy 2026; 84% of sampled chargers found non-functional
The Institute for Energy Economics and Financial Analysis submitted feedback on Delhi's draft Electric Vehicle Policy 2026 to the Transport Department, recommending mandatory uptime standards for public chargers. A 2024 IEEFA study found that nearly 84% of surveyed public EV chargers across South, Central, West, and East Delhi were non-functional, primarily due to theft of connectors and cables and lack of maintenance. IEEFA urged Delhi to adopt minimum uptime requirements similar to the UK's 99% standard for rapid chargers and California's 97% uptime rule.
8IEA report: Southeast Asia's coal transition needs billions in transition credits; young fleet at lock-in risk
A new report by the International Energy Agency titled Financing the Modernisation of Power Systems Beyond Coal examines the potential of transition credits as a market-based instrument to accelerate coal phase-outs in Southeast Asia, where coal remains central to power systems. The report warns that the region's young coal fleet risks generating substantial long-term emissions if plants continue operating at current utilisation rates. It analyses emission scales, replacement options, and investment challenges, recommending jurisdictional approaches to transition credit mechanisms.
8IEX extends waiver of transaction fees in TRAS segment beyond March 2026 until further notice
Indian Energy Exchange Limited issued Circular No. IEX/MO/2580/2026 on May 18, 2026, extending the waiver of IEX transaction fees for clients participating in the TRAS (Transco Renewable Ancillary Services) segment beyond March 31, 2026 until further notice. The extension, announced by Executive Director Amit Kumar, is aimed at encouraging broader market participation in the TRAS segment, continuing the waiver that was originally introduced via Circular No. IEX/MO/2202/2025 dated October 3, 2025.
8IEX shifts 2nd May 2026 REC trading session to 29 May due to bank holidays on 27 and 28 May
Indian Energy Exchange Limited issued Circular No. IEX/MO/2579/2026 on May 18, 2026, announcing that the 2nd Renewable Energy Certificate (REC) trading session for May 2026 will be held on May 29, 2026 (Friday), instead of the scheduled date of May 28 (Wednesday). The change is necessitated by bank holidays on May 27 in Delhi and May 28 in Mumbai on account of Id-ul-Zuha (Eid al-Adha). Grid India's notification regarding the holiday has been enclosed as an annexure.
8IEX GDAM weekly MCP peaks at Rs. 6,545/MWh on 18 May; total green volume clears 50,697 MWh in 8 days
IEX's Green Day-Ahead Market cleared a combined 50,697.83 MWh of renewable energy across 12-19 May 2026. Weighted MCP reached its weekly high of Rs. 6,545.49/MWh on 18 May and the week's maximum daily cleared volume touched 6,983.90 MWh on 19 May. The total purchase bid for the period stood at 9,86,179.61 MWh against aggregate sell bids of 2,87,184.11 MWh, signalling that demand for certified green power significantly outstripped available supply throughout the week.
8IEX GDAM records solar surge on 18 May; MCP dips to Rs. 2,074/MWh during afternoon peak
The IEX Green Day-Ahead Market on 18 May 2026 witnessed robust renewable energy trading, with solar MCV reaching its daily high in afternoon blocks. MCP fell as low as Rs. 2,074.51/MWh during Hour 13 (12:00-13:00), reflecting the strong solar influx, compared to the Rs. 10,000/MWh overnight price. Hour 5 and 6 marked the renewable energy transition window, where MCP fell sharply from Rs. 10,000 to Rs. 6,800-7,230/MWh, underscoring the growing market influence of solar and hydro sources.
8IEX GTAM logs 96 DAC trades on 18 May; buy bids at Rs. 9,418/MWh, sell at Rs. 9,326/MWh
Indian Energy Exchange's Green Term-Ahead Market on 18 May 2026 recorded 96 Day-Ahead Contingency trades across 24 hourly blocks. Buy bids were uniformly placed at Rs. 9,418/MWh and sell bids at Rs. 9,326/MWh, with a uniform weighted average price of Rs. 9,355.25/MWh across all blocks. Per-block traded volumes ranged from 3.80 MWh to 6.35 MWh, with each block transacting through exactly 4 counterparties, signalling a liquid and structured green term market at IEX. Details
8India's renewable output surges in May 2026; Rajasthan drives solar push with 266 MU on May 15
India's Central Electricity Authority data shows renewable energy output climbing steadily through mid-May 2026. On May 15, Rajasthan alone generated 266.03 MU of renewable power in a single day, the highest among all states, powered by 22.73 MU of wind and 240.88 MU of solar. By May 16 and May 17, cumulative May generation figures continued rising across Northern and other regions, reflecting a strong ramp-up in green capacity utilisation as India heads deeper into the summer generation season.
8Borosil Renewables submits clean Secretarial Compliance Report for FY 2025-26; solar glass manufacturer flags growth
Borosil Renewables Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, issued by M/s Dhrumil M. Shah & Co. LLP. The report certifies compliance with all applicable SEBI regulations during the year, including LODR, ICDR, Takeover, Insider Trading, and other applicable regulations. The company is a manufacturer of solar glass, essential for solar panels, and an important domestic supplier supporting India's growing PV module manufacturing ecosystem under self-reliance goals.
WIND & HYBRID POWER
8Suzlon Energy schedules board meeting on 25 May to approve Q4 FY26 financial results
Suzlon Energy Limited informed stock exchanges that its Board of Directors will meet on May 25, 2026, to consider and approve standalone and consolidated financial results for Q4 (unaudited) and FY 2025-26 (audited), ending March 31, 2026. The trading window remains closed from April 1, 2026, until 48 hours after the results are declared, reopening on May 28, 2026. Suzlon, India's largest wind turbine manufacturer, is closely watched amid strong renewable ordering momentum and policy tailwinds for wind capacity addition.
8Insolation Energy schedules board on 25 May for FY26 results and ESOP 2024 share allotment
Insolation Energy Limited notified exchanges that its Board will meet on May 25, 2026, to consider and approve standalone and consolidated audited financial results for Q4 and FY 2025-26, and also to allot equity shares under the Insolation Energy Employee Stock Option Plan 2024 (ESOP 2024). The trading window for designated persons remains closed until May 27, 2026, 48 hours after the results declaration. The company operates in the solar PV module manufacturing segment with growing focus on integrated renewable solutions.
STORAGE & GREEN HYDROGEN
8India's 2025 BESS auctions allocate 10.4 GW; 71% of total storage tendering now standalone, says IEEFA-JMK
A joint report by IEEFA and JMK Research and Analytics titled Viability of Standalone Battery Energy Storage Tariffs Discovered in 2025 reveals that standalone ESS tenders constituted more than 71% of total storage capacity tendered in India in 2025, with standalone BESS projects accounting for 60% of this. A total of 10.4 GW of standalone BESS capacity was allocated in 2025. The report analyses tariff viability against benchmark costs, execution risks, and the future outlook for India's rapidly growing energy storage sector.
8EV adoption set to cross 40% of global new car sales by 2030 as energy security drives electrification
A research report dated May 18, 2026 notes that renewed oil price volatility and Middle East geopolitical tensions have pushed energy security back to the forefront of policy agendas, particularly for oil-importing Asian economies. The International Energy Agency projects EVs could account for more than 40% of global new car sales by 2030 under stated policies. Falling battery costs aided by lower lithium prices, LFP technology and sodium-ion innovation are accelerating EV adoption with Battery ESS as a parallel growth engine.
POLICY & INCENTIVES
8IEEFA calls for 99% uptime mandates in Delhi EV Policy 2026; 84% of sampled chargers found non-functional
The Institute for Energy Economics and Financial Analysis submitted feedback on Delhi's draft Electric Vehicle Policy 2026 to the Transport Department, recommending mandatory uptime standards for public chargers. A 2024 IEEFA study found that nearly 84% of surveyed public EV chargers across South, Central, West, and East Delhi were non-functional, primarily due to theft of connectors and cables and lack of maintenance. IEEFA urged Delhi to adopt minimum uptime requirements similar to the UK's 99% standard for rapid chargers and California's 97% uptime rule.
8IEA report: Southeast Asia's coal transition needs billions in transition credits; young fleet at lock-in risk
A new report by the International Energy Agency titled Financing the Modernisation of Power Systems Beyond Coal examines the potential of transition credits as a market-based instrument to accelerate coal phase-outs in Southeast Asia, where coal remains central to power systems. The report warns that the region's young coal fleet risks generating substantial long-term emissions if plants continue operating at current utilisation rates. It analyses emission scales, replacement options, and investment challenges, recommending jurisdictional approaches to transition credit mechanisms.
8IEX extends waiver of transaction fees in TRAS segment beyond March 2026 until further notice
Indian Energy Exchange Limited issued Circular No. IEX/MO/2580/2026 on May 18, 2026, extending the waiver of IEX transaction fees for clients participating in the TRAS (Transco Renewable Ancillary Services) segment beyond March 31, 2026 until further notice. The extension, announced by Executive Director Amit Kumar, is aimed at encouraging broader market participation in the TRAS segment, continuing the waiver that was originally introduced via Circular No. IEX/MO/2202/2025 dated October 3, 2025.
8IEX shifts 2nd May 2026 REC trading session to 29 May due to bank holidays on 27 and 28 May
Indian Energy Exchange Limited issued Circular No. IEX/MO/2579/2026 on May 18, 2026, announcing that the 2nd Renewable Energy Certificate (REC) trading session for May 2026 will be held on May 29, 2026 (Friday), instead of the scheduled date of May 28 (Wednesday). The change is necessitated by bank holidays on May 27 in Delhi and May 28 in Mumbai on account of Id-ul-Zuha (Eid al-Adha). Grid India's notification regarding the holiday has been enclosed as an annexure.
8IEX GDAM weekly MCP peaks at Rs. 6,545/MWh on 18 May; total green volume clears 50,697 MWh in 8 days
IEX's Green Day-Ahead Market cleared a combined 50,697.83 MWh of renewable energy across 12-19 May 2026. Weighted MCP reached its weekly high of Rs. 6,545.49/MWh on 18 May and the week's maximum daily cleared volume touched 6,983.90 MWh on 19 May. The total purchase bid for the period stood at 9,86,179.61 MWh against aggregate sell bids of 2,87,184.11 MWh, signalling that demand for certified green power significantly outstripped available supply throughout the week.
8IEX GDAM records solar surge on 18 May; MCP dips to Rs. 2,074/MWh during afternoon peak
The IEX Green Day-Ahead Market on 18 May 2026 witnessed robust renewable energy trading, with solar MCV reaching its daily high in afternoon blocks. MCP fell as low as Rs. 2,074.51/MWh during Hour 13 (12:00-13:00), reflecting the strong solar influx, compared to the Rs. 10,000/MWh overnight price. Hour 5 and 6 marked the renewable energy transition window, where MCP fell sharply from Rs. 10,000 to Rs. 6,800-7,230/MWh, underscoring the growing market influence of solar and hydro sources.
8IEX GTAM logs 96 DAC trades on 18 May; buy bids at Rs. 9,418/MWh, sell at Rs. 9,326/MWh
Indian Energy Exchange's Green Term-Ahead Market on 18 May 2026 recorded 96 Day-Ahead Contingency trades across 24 hourly blocks. Buy bids were uniformly placed at Rs. 9,418/MWh and sell bids at Rs. 9,326/MWh, with a uniform weighted average price of Rs. 9,355.25/MWh across all blocks. Per-block traded volumes ranged from 3.80 MWh to 6.35 MWh, with each block transacting through exactly 4 counterparties, signalling a liquid and structured green term market at IEX. Details
NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION
May 19:
WORK ORDERS & SUPPLY CONTRACTS
8G R Infraprojects bags 60.21-km Gujarat highway project worth Rs. 1,454 crore under HAM mode
G R Infraprojects Limited's wholly owned subsidiary, Nasarpore Malotha Highway Private Limited, signed a concession agreement with the National Highways Authority of India on May 18, 2026, for upgrading a 60.21-km stretch of NH-56 in Gujarat from two-lane to four-lane carriageway. The project, valued at Rs. 1,453.57 crore excluding GST, will be executed under Hybrid Annuity Mode with a completion period of 910 days from the appointed date, strengthening the company's road EPC order book.
8Waaree Renewable Technologies signs EPC contract for 350 MW/1,400 MWh BESS project
Waaree Renewable Technologies Limited disclosed the signing of a turnkey EPC contract for a 350 MW/1,400 MWh Battery Energy Storage System, including two years of operation and maintenance services. The order was awarded by Waaree Forever Energies Private Limited, a subsidiary of the company's holding entity. The project is scheduled for completion in FY 2026-27 and is classified as a domestic, commercial related-party contract, adding significantly to Waaree's renewable EPC order pipeline in the rapidly growing storage segment.
8PSPCL adds 12.5 MVA transformer at 66 kV Deep Singh Wala sub-station under FY25-26 plan
PSPCL issued Amendment No. 14/2025-26 to its Transmission Works List for FY 2025-26, incorporating the addition of a 12.5 MVA Power Transformer (T-2) at the 66 kV Deep Singh Wala Sub-Station under the DS Circle Faridkot. The estimated cost for this work is Rs. 210.33 lakh, to be covered under financial institution loans. Space is available in the switch yard but control room extension is required for additional relay and 11 kV VCB panels.
8PSPCL augments 20 MVA transformer to 31.5 MVA at 66 kV Mamdot sub-station under capex plan
PSPCL issued Amendment No. 119/2025-26 to include the augmentation of the 20 MVA Power Transformer (T-2) to 31.5 MVA at the 66 kV Mamdot Sub-Station under DS Circle Ferozepur, at an estimated cost of Rs. 207.94 lakh. This work is included in Annexure-C (Priority Works) of the Transmission Works List for FY 2025-26. Space is confirmed available in the yard and control room for augmentation, and funding will be from financial institutions.
8Tata Power and Druk Green sign MoU to build skill ecosystem for 5,000 MW Bhutan clean energy
Tata Power Company Limited and Druk Green Power Corporation Limited of Bhutan signed a Memorandum of Understanding at Thimphu, Bhutan, on May 18, 2026, to create a comprehensive skill development ecosystem for supporting clean energy operations under their joint development partnership of 5,000 MW. The MoU was signed in the presence of Bhutan's Prime Minister, Lyonchhen Tshering Tobgay. Training programmes will be delivered through the Tata Power Skill Development Institute (TPSDI), leveraging its expertise in power sector skills.
8GE Vernova T&D India secures landmark order from Adani Energy Solutions for 2.5-GW HVDC VSC terminal
GE Vernova T&D India Limited secured a landmark order in Q4 FY26 from Adani Energy Solutions for a 2.5-GW HVDC Voltage Source Converter terminal station for the Khavda-South Olpad renewable power corridor. The order strengthens the company's leadership in high-voltage direct current transmission technology. Q4 FY26 revenue stood at Rs. 16.4 billion, up 42% YoY. The company's order bookings for the full year stood at Rs. 147.8 billion, a 37% jump over the previous year.
PPA SIGNING & APPROVAL
8ACME Platinum Urja secures 25-year SECI PPAs for 350 MW solar-plus-storage projects at Rs. 3.42/unit
ACME Platinum Urja Private Limited (APUPL), a wholly owned subsidiary of ACME Solar Holdings Limited, is developing 150 MW (Phase-1) and 200 MW (Phase-2) solar-plus-battery storage projects under 25-year PPAs with SECI at a fixed tariff of Rs. 3.42 per unit. ICRA assigned an ICRA A-(Stable) rating to the Rs. 800 crore term loan. The cumulative DSCR on external debt is estimated above 1.25x across the loan tenure, with a DSRA of one quarter's peak debt servicing to be created within 12 months of commissioning.
8Ayana Kadapa's 250 MW solar plant commissioned a day ahead of COD; SECI PPA at Rs. 2.71/unit
Ayana Kadapa Renewable Power Private Limited (AKRP) early-commissioned its 250 MW AC solar plant in Andhra Pradesh on February 28, 2026, a day ahead of the scheduled commercial operation date. The early commissioning, coupled with improved DSCR to 1.27x from 1.22x earlier, led CareEdge Ratings to upgrade the project's rating to CARE AA-; Stable for long-term bank facilities worth Rs. 987 crore. The project holds a 25-year PPA with SECI at Rs. 2.71 per unit, providing long-term revenue visibility.
CAPACITY COMMISSIONING
8CEA records 11,325 MVA substation capacity addition in April 2026; PGCIL commissions 6,000 MVA at 765 kV
The Central Electricity Authority recorded commissioning of substations (220 kV and above) during April 2026 showing a total of 11,325 MVA added across all sectors. PGCIL alone accounted for 6,000 MVA through three central sector projects, including 2x1,500 MVA 765/400 kV ICTs at Fatehgarh-III (Rajasthan 20 GW REZ, Phase III), 1x1,500 MVA ICT at KPS-3 Gujarat (Khavda Area, Phase IV, 7 GW), and 2x1,500 MVA ICTs at Bikaner-III Pooling Station. State additions spanned HVPNL, MSETCL, APTRANSCO, RRVPNL and OPTCL.
8India's total transformation capacity crosses 14,61,851 MVA after April addition of 11,325 MVA
The Central Electricity Authority Growth Summary for April 2026 shows that India's cumulative transformation capacity (220 kV and above) has reached 14,61,851 MVA, up from 14,50,526 MVA in the previous month, reflecting an addition of 11,325 MVA during April alone. Voltage-wise breakdown shows 765 kV contributing 5,34,148 MVA and 400 kV contributing 5,15,503 MVA, while sector-wise data shows Central Sector at 5,90,791 MVA, State Sector at 7,74,543 MVA, and Private Sector at 96,517 MVA.
8CEA records 901 ckm transmission line addition in April 2026 against 601 ckm target
The Central Electricity Authority recorded commissioning of transmission lines (220 kV and above) during April 2026 totalling 901 circuit kilometres across all sectors against a monthly target of 601 ckm. In the Central Sector, PGCIL commissioned 142 ckm through Circuit-2 of the 400 kV Navsari-Kala D/C transmission line under Transmission Network Expansion in Gujarat. State sector additions included MSETCL's 456 ckm Babhleshwar-Kudus D/C line and PTCUL's 172 ckm D/C Pipalkoti-Karanprayag-Srinagar line.
8India's total transmission network reaches 5,07,414 ckm; inter-regional capacity at 1,20,340 MW
The Central Electricity Authority Growth Summary for April 2026 confirms that India's total transmission line network (220 kV and above) has reached 5,07,414 circuit kilometres, with 901 ckm added in April alone, which is also the total FY 2026-27 addition so far. The inter-regional transfer capacity of the country stands at 1,20,340 MW. Voltage-wise, the 400 kV network contributes the largest share at 2,15,281 ckm followed by 220/230 kV at 2,10,692 ckm, while State Sector leads at approximately 2,71,252 ckm.
8FY 2026-27 sees 9,000 MVA of 765 kV substations commissioned by April; Resonia's Beawar adds 3,000 MVA
The Central Electricity Authority published a cumulative report of substations completed during FY 2026-27 as on 30th April 2026, showing 9,000 MVA commissioned at 765 kV level, including 6,000 MVA by PGCIL in Rajasthan and Gujarat REZ projects and 3,000 MVA by private sector company Resonia at Beawar, Rajasthan (late reported, charged in March 2026), plus 815 MVA at 400 kV level (500 MVA by RRVPNL at Bikaner and 315 MVA by IndiGrid at Amargarh GIS), and 100 MVA at 230 kV by TANTRANSCO.
8FY 2026-27 sees 836 ckm of 400 kV lines commissioned by April; MSETCL's 456 ckm Babhleshwar-Kudus line leads
The Central Electricity Authority's cumulative transmission line report for FY 2026-27 as of 30th April 2026 shows 836 ckm of 400 kV lines completed comprising 142 ckm Central Sector by PGCIL (Navsari-Kala Gujarat), 628 ckm State Sector including MSETCL's 456 ckm Babhleshwar-Kudus D/C line and PTCUL's 172 ckm D/C Pipalkoti-Karanprayag-Srinagar line, and 66 ckm Private Sector including LILO of Kota-Merta 400 kV at Beawar under Rajasthan REZ evacuation, plus 65 ckm of 220 kV. Details
8G R Infraprojects bags 60.21-km Gujarat highway project worth Rs. 1,454 crore under HAM mode
G R Infraprojects Limited's wholly owned subsidiary, Nasarpore Malotha Highway Private Limited, signed a concession agreement with the National Highways Authority of India on May 18, 2026, for upgrading a 60.21-km stretch of NH-56 in Gujarat from two-lane to four-lane carriageway. The project, valued at Rs. 1,453.57 crore excluding GST, will be executed under Hybrid Annuity Mode with a completion period of 910 days from the appointed date, strengthening the company's road EPC order book.
8Waaree Renewable Technologies signs EPC contract for 350 MW/1,400 MWh BESS project
Waaree Renewable Technologies Limited disclosed the signing of a turnkey EPC contract for a 350 MW/1,400 MWh Battery Energy Storage System, including two years of operation and maintenance services. The order was awarded by Waaree Forever Energies Private Limited, a subsidiary of the company's holding entity. The project is scheduled for completion in FY 2026-27 and is classified as a domestic, commercial related-party contract, adding significantly to Waaree's renewable EPC order pipeline in the rapidly growing storage segment.
8PSPCL adds 12.5 MVA transformer at 66 kV Deep Singh Wala sub-station under FY25-26 plan
PSPCL issued Amendment No. 14/2025-26 to its Transmission Works List for FY 2025-26, incorporating the addition of a 12.5 MVA Power Transformer (T-2) at the 66 kV Deep Singh Wala Sub-Station under the DS Circle Faridkot. The estimated cost for this work is Rs. 210.33 lakh, to be covered under financial institution loans. Space is available in the switch yard but control room extension is required for additional relay and 11 kV VCB panels.
8PSPCL augments 20 MVA transformer to 31.5 MVA at 66 kV Mamdot sub-station under capex plan
PSPCL issued Amendment No. 119/2025-26 to include the augmentation of the 20 MVA Power Transformer (T-2) to 31.5 MVA at the 66 kV Mamdot Sub-Station under DS Circle Ferozepur, at an estimated cost of Rs. 207.94 lakh. This work is included in Annexure-C (Priority Works) of the Transmission Works List for FY 2025-26. Space is confirmed available in the yard and control room for augmentation, and funding will be from financial institutions.
8Tata Power and Druk Green sign MoU to build skill ecosystem for 5,000 MW Bhutan clean energy
Tata Power Company Limited and Druk Green Power Corporation Limited of Bhutan signed a Memorandum of Understanding at Thimphu, Bhutan, on May 18, 2026, to create a comprehensive skill development ecosystem for supporting clean energy operations under their joint development partnership of 5,000 MW. The MoU was signed in the presence of Bhutan's Prime Minister, Lyonchhen Tshering Tobgay. Training programmes will be delivered through the Tata Power Skill Development Institute (TPSDI), leveraging its expertise in power sector skills.
8GE Vernova T&D India secures landmark order from Adani Energy Solutions for 2.5-GW HVDC VSC terminal
GE Vernova T&D India Limited secured a landmark order in Q4 FY26 from Adani Energy Solutions for a 2.5-GW HVDC Voltage Source Converter terminal station for the Khavda-South Olpad renewable power corridor. The order strengthens the company's leadership in high-voltage direct current transmission technology. Q4 FY26 revenue stood at Rs. 16.4 billion, up 42% YoY. The company's order bookings for the full year stood at Rs. 147.8 billion, a 37% jump over the previous year.
PPA SIGNING & APPROVAL
8ACME Platinum Urja secures 25-year SECI PPAs for 350 MW solar-plus-storage projects at Rs. 3.42/unit
ACME Platinum Urja Private Limited (APUPL), a wholly owned subsidiary of ACME Solar Holdings Limited, is developing 150 MW (Phase-1) and 200 MW (Phase-2) solar-plus-battery storage projects under 25-year PPAs with SECI at a fixed tariff of Rs. 3.42 per unit. ICRA assigned an ICRA A-(Stable) rating to the Rs. 800 crore term loan. The cumulative DSCR on external debt is estimated above 1.25x across the loan tenure, with a DSRA of one quarter's peak debt servicing to be created within 12 months of commissioning.
8Ayana Kadapa's 250 MW solar plant commissioned a day ahead of COD; SECI PPA at Rs. 2.71/unit
Ayana Kadapa Renewable Power Private Limited (AKRP) early-commissioned its 250 MW AC solar plant in Andhra Pradesh on February 28, 2026, a day ahead of the scheduled commercial operation date. The early commissioning, coupled with improved DSCR to 1.27x from 1.22x earlier, led CareEdge Ratings to upgrade the project's rating to CARE AA-; Stable for long-term bank facilities worth Rs. 987 crore. The project holds a 25-year PPA with SECI at Rs. 2.71 per unit, providing long-term revenue visibility.
CAPACITY COMMISSIONING
8CEA records 11,325 MVA substation capacity addition in April 2026; PGCIL commissions 6,000 MVA at 765 kV
The Central Electricity Authority recorded commissioning of substations (220 kV and above) during April 2026 showing a total of 11,325 MVA added across all sectors. PGCIL alone accounted for 6,000 MVA through three central sector projects, including 2x1,500 MVA 765/400 kV ICTs at Fatehgarh-III (Rajasthan 20 GW REZ, Phase III), 1x1,500 MVA ICT at KPS-3 Gujarat (Khavda Area, Phase IV, 7 GW), and 2x1,500 MVA ICTs at Bikaner-III Pooling Station. State additions spanned HVPNL, MSETCL, APTRANSCO, RRVPNL and OPTCL.
8India's total transformation capacity crosses 14,61,851 MVA after April addition of 11,325 MVA
The Central Electricity Authority Growth Summary for April 2026 shows that India's cumulative transformation capacity (220 kV and above) has reached 14,61,851 MVA, up from 14,50,526 MVA in the previous month, reflecting an addition of 11,325 MVA during April alone. Voltage-wise breakdown shows 765 kV contributing 5,34,148 MVA and 400 kV contributing 5,15,503 MVA, while sector-wise data shows Central Sector at 5,90,791 MVA, State Sector at 7,74,543 MVA, and Private Sector at 96,517 MVA.
8CEA records 901 ckm transmission line addition in April 2026 against 601 ckm target
The Central Electricity Authority recorded commissioning of transmission lines (220 kV and above) during April 2026 totalling 901 circuit kilometres across all sectors against a monthly target of 601 ckm. In the Central Sector, PGCIL commissioned 142 ckm through Circuit-2 of the 400 kV Navsari-Kala D/C transmission line under Transmission Network Expansion in Gujarat. State sector additions included MSETCL's 456 ckm Babhleshwar-Kudus D/C line and PTCUL's 172 ckm D/C Pipalkoti-Karanprayag-Srinagar line.
8India's total transmission network reaches 5,07,414 ckm; inter-regional capacity at 1,20,340 MW
The Central Electricity Authority Growth Summary for April 2026 confirms that India's total transmission line network (220 kV and above) has reached 5,07,414 circuit kilometres, with 901 ckm added in April alone, which is also the total FY 2026-27 addition so far. The inter-regional transfer capacity of the country stands at 1,20,340 MW. Voltage-wise, the 400 kV network contributes the largest share at 2,15,281 ckm followed by 220/230 kV at 2,10,692 ckm, while State Sector leads at approximately 2,71,252 ckm.
8FY 2026-27 sees 9,000 MVA of 765 kV substations commissioned by April; Resonia's Beawar adds 3,000 MVA
The Central Electricity Authority published a cumulative report of substations completed during FY 2026-27 as on 30th April 2026, showing 9,000 MVA commissioned at 765 kV level, including 6,000 MVA by PGCIL in Rajasthan and Gujarat REZ projects and 3,000 MVA by private sector company Resonia at Beawar, Rajasthan (late reported, charged in March 2026), plus 815 MVA at 400 kV level (500 MVA by RRVPNL at Bikaner and 315 MVA by IndiGrid at Amargarh GIS), and 100 MVA at 230 kV by TANTRANSCO.
8FY 2026-27 sees 836 ckm of 400 kV lines commissioned by April; MSETCL's 456 ckm Babhleshwar-Kudus line leads
The Central Electricity Authority's cumulative transmission line report for FY 2026-27 as of 30th April 2026 shows 836 ckm of 400 kV lines completed comprising 142 ckm Central Sector by PGCIL (Navsari-Kala Gujarat), 628 ckm State Sector including MSETCL's 456 ckm Babhleshwar-Kudus D/C line and PTCUL's 172 ckm D/C Pipalkoti-Karanprayag-Srinagar line, and 66 ckm Private Sector including LILO of Kota-Merta 400 kV at Beawar under Rajasthan REZ evacuation, plus 65 ckm of 220 kV. Details
NEWS UPDATE: TARIFF & REGULATORY ORDERS
May 19:
COMMISSION ORDERS (CERC/SERC)
8CERC proposes transmission licence to Apraava Energy for 765/400 kV multi-state grid expansion in MP
The Central Electricity Regulatory Commission proposed to issue an inter-state transmission licence (Petition No. 131/TL/2026) to Apraava Energy Pvt. Ltd. on a Build-Own-Operate basis, covering a complex high-voltage network including 765/400 kV and 400/220 kV substations with 3 Nos. of 1,500 MVA ICTs, multiple 765 kV and 400 kV line bays, STATCOM units of plus/minus 400 MVAr, and 27-month completion timelines, serving key substations in Morena, Sabalgarh, and Karera (near Datia), Madhya Pradesh.
8CERC adopts tariff for Waaree Forever's 170 MW Neemuch solar project under RUMSL-MPPMCL bid
The Central Electricity Regulatory Commission on 16th May 2026 passed an order in Petition No. 776/AT/2025 under Section 63 of the Electricity Act, 2003 to formally adopt tariff for a 170 MW grid-connected solar PV project won by Waaree Forever Energies Private Limited through competitive bidding at the Neemuch Solar Park, Madhya Pradesh. The initiative is jointly promoted by Rewa Ultra Mega Solar Limited (RUMSL) and Madhya Pradesh Power Management Company Limited (MPPMCL) as part of the Government's target of achieving 500 GW renewable capacity by 2030.
8CERC issues corrigendum on JSW Hydro's Rs. 2,198.80 lakh energy charge recovery in remand order
The Central Electricity Regulatory Commission issued a corrigendum order on 16th May 2026 in Petition No. 184/MP/2019 (on remand), correcting its earlier order dated 28th November 2025. The petition was filed by JSW Hydro Energy Ltd. (formerly Himachal Baspa Power Company Limited) under CERC Tariff Regulations, 2019 for recovery of unrecovered energy charges related to shortfall in generation during FY 2018-19 at Karcham Wangtoo HEP. JSW Hydro confirmed actual amount realised from beneficiaries stood at Rs. 2,198.80 lakh.
8UERC approves UPCL's FPPCA for Q3 FY26; Rs. 59.17 crore chargeable against incremental costs
The Uttarakhand Electricity Regulatory Commission in Petition No. 20 of 2026 dated May 15, 2026 approved UPCL's Fuel and Power Purchase Cost Adjustment for Q3 FY 2025-26 (October-December 2025). The total amount chargeable against incremental power purchase costs was Rs. 59.17 crore, comprising minus Rs. 1.92 crore for October (net of over-recovery), Rs. 43.63 crore for November, and Rs. 17.46 crore for December 2025. The commission approved a net claim of Rs. 767.06 crore (1,390.73 MU) for December 2025.
8JERC passes True-Up order for Lakshadweep Electricity Department for FY 2020-21 and 2021-22
The Joint Electricity Regulatory Commission for Goa and Union Territories issued its Tariff Order on May 18, 2026, approving the True-up of accounts for FY 2020-21 and FY 2021-22 for the Lakshadweep Electricity Department. The order covers detailed assessment of consumer numbers, energy sales, T&D losses, power purchase costs, fuel costs, O&M expenses, capital structure, depreciation, return on equity, and aggregate revenue requirements, and resolves gaps and surpluses from the two financial years for the Union Territory's electricity utility.
8Jharkhand SERC orders true-up of DVC's distribution business for FY 2006-07 to 2011-12
The Jharkhand State Electricity Regulatory Commission issued an order in May 2026 directing the true-up of accounts for the distribution business of Damodar Valley Corporation (DVC) in Jharkhand for the period FY 2006-07 to FY 2011-12. The order follows a detailed public consultation process and examines DVC's Transmission and Distribution costs, Own Generation costs, Sinking Fund contributions, Additional O&M expenses from pay revision, Interest on Temporary Financial Accommodation, Legal expenses, Income Tax, Revenue, and Average Cost of Supply.
8TNERC invites public comment on 3 draft regulations: Multi-Year Distribution Tariff, SLDC charges, BESS rules 2026
The Tamil Nadu Electricity Regulatory Commission on 18th May 2026 issued a press release announcing publication of three landmark draft regulations on its website, inviting public comments within 15 days: TNERC (Multi Year Tariff for Distribution) Regulations, 2026 published 12th May; TNERC (Determination of State Load Despatch Centre Fees and Charges) Regulations, 2026 published 14th May; and TNERC (Battery Energy Storage Systems) Regulations, 2026 published 15th May 2026.
8DERC floats tender for C&AG-empanelled CA firm to intensively audit Delhi DISCOMs; bids due 8 June
The Delhi Electricity Regulatory Commission issued a Tender Notice on May 18, 2026, inviting sealed bids from C&AG-empanelled CA firms for an Intensive Audit of three Delhi electricity distribution companies, BSES Rajdhani Power, BSES Yamuna Power, and Tata Power Delhi Distribution. The audit is being undertaken in pursuance of Supreme Court directions dated August 6, 2025, and implemented through APTEL's suo-moto petition OP-01/2025. Bid proposals must be submitted by 13:00 hours on June 8, 2026.
REGULATORY PETITION & REVIEW
8WBSETCL moves CERC for ISTS tariff on 94.726 km Kolaghat-Baripada line and 73.9 km Santaldih-Chandil corridor
West Bengal State Electricity Transmission Company Limited filed a petition on 18th May 2026 before the Central Electricity Regulatory Commission under Sections 62(1)(b) and 79(1)(d) of the Electricity Act, 2003 for determination of ISTS tariff for the period 2024-29 and true-up for 2019-24. The petition covers Asset 1A: 94.726 km of 400 kV S/C Kolaghat-Baripada Transmission Line (ISTS portion), Asset 1B: 3.874 km of the same line (Loop-out ISTS portion), and Asset 2: 73.9 km of 220 kV S/C Santaldih-Chandil Transmission Line.
8UPERC begins hearing on UPPCL's bid for 4,000 MW thermal power on 25-year DBFOO basis
The UPERC commenced hearing on Petition No. 2338 of 2026 filed by UPPCL for approval to procure 4,000 MW of thermal power capacity from new projects under DBFOO (Design, Build, Finance, Own, Operate) mode for 25 years, sourcing fuel via SHAKTI Policy B(iv). The hearing saw intervention applications from JSW Energy and Lalitpur Power Generation Company Limited, who raised objections to key bid conditions including restriction to new projects only, the mandated 800 MW unit size, and the 2,400 MW cap per bidder.
8UPERC admits BESS petition from Fourth Partner Energy; seeks clarity on retrofitting storage in operating RE plants
The UPERC admitted a petition (No. 2355 of 2026) from Fourth Partner Energy Private Limited and two associated companies seeking regulatory clarity on installing Battery Energy Storage Systems (BESS) in already commissioned and grid-connected renewable energy generating stations. The petitioner highlighted regulatory gaps: existing connectivity procedures do not address BESS integration post-commissioning, raising issues around long-term open access, power injection hours, and BPTA/BPWA agreements for solar projects.
8UPERC admits NTPC's petition to transfer Rihand area distribution licence to UPPCL/PUVVNL
The UPERC admitted a petition filed by NTPC Limited (Petition No. 2372 of 2026) seeking approval for the transfer of Distribution Licence No. 1 of 2011 from NTPC to UPPCL/Purvanchal Vidyut Vitran Nigam Limited for the NTPC Rihand rehabilitation area in Sonbhadra district, Uttar Pradesh. The petition is filed pursuant to the Supreme Court's February 18, 2026 order in Writ Petition No. 1061/1982, and involves payment of Rs. 3,37,72,993 by NTPC to the respondents.
8UPERC forms committee to determine final capital cost of UPRVUNL's 660 MW Harduaganj unit
The UPERC decided to constitute a technical committee to determine the final capital cost of the 1x660 MW Harduaganj Extension Stage-II Thermal Power Station of U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL), following the model used in the Jawaharpur TPS case. The Commission allowed UPRVUNL four weeks to respond to UPPCL's submissions. The matter (Petition No. 2159 of 2024) was heard on May 12, 2026, with provisional tariff arrangements continuing pending final determination.
8UPERC lists Obra C 2x660 MW tariff petition for 14 July; UPRVUNL gets four weeks to reply
The UPERC in Petition No. 2237 of 2025 granted UPRVUNL four weeks to file its reply to detailed submissions made by UPPCL regarding the final capital cost and provisional tariff of the 2x660 MW Obra C Thermal Power Station. The petition under Sections 62 and 86(1) of the Electricity Act, 2003 seeks approval of annual revenue requirements and provisional tariff for the project. The next hearing is listed for July 14, 2026.
8UPERC allows UPRVUNL four weeks to reply in 660 MW Panki Extension TPS case; bills at 80% provisional rate
The UPERC in Petition No. 2233 of 2025 allowed UPRVUNL four weeks to respond to UPPCL's submissions regarding the 1x660 MW Panki Extension Thermal Power Station's final capital cost and provisional tariff. The Commission confirmed that UPRVUNL has been permitted to bill 80% of its claimed fixed charges on a provisional basis, with variable charges at actual. The matter is listed for hearing on July 14, 2026 alongside other UPRVUNL thermal tariff petitions.
8UPERC hears India Glycols petition on tariff for coal-switched co-generation plant; UPPCL seeks 3 weeks
The UPERC in Petition No. 2365 of 2026 heard India Glycols Limited's petition seeking tariff determination for its non-RE captive co-generation plant commissioned in FY 2013-14. IGL sought relief under the Power to Remove Difficulty clause after changing the plant's fuel from biomass (rice husk) to 100% coal. The Commission noted that the applicable tariff may be reduced with the fuel shift. UPPCL was granted three weeks to file its reply; the matter is listed for June 4, 2026.
8UPERC directs Meerut Shamli Transmission to file hard-copy rejoinders; project COD extension sought
The UPERC in Petition No. 2264 of 2025 directed Meerut Shamli Power Transmission Limited to file hard-copy rejoinders to replies filed by UPPTCL, UPPCL, and LTTCs before the Commission and to serve them on all respondents. The matter, which seeks extension of the scheduled commissioning date for a transmission project and stay of coercive measures, was heard on May 14, 2026, with next steps awaited on the procedural compliance front.
8TGGENCO files petition before TERC to adopt tariff for 1,500 MWh BESS under global competitive bidding
Telangana Power Generation Corporation Limited (TGGENCO), headquartered at Vidyut Soudha, Hyderabad, filed a petition under Section 63 of the Electricity Act, 2003 before the Telangana Electricity Regulatory Commission seeking adoption of tariff for 1,500 MWh Battery Energy Storage Systems (BESS) to be deployed at 2 locations of TGTRANSCO's vacant lands under Build-Own-Operate mode with Viability Gap Funding from PSDF and a 15-year tenure. The Southern Power Distribution Company of Telangana and other DISCOMs are listed as respondents. Details
8CERC proposes transmission licence to Apraava Energy for 765/400 kV multi-state grid expansion in MP
The Central Electricity Regulatory Commission proposed to issue an inter-state transmission licence (Petition No. 131/TL/2026) to Apraava Energy Pvt. Ltd. on a Build-Own-Operate basis, covering a complex high-voltage network including 765/400 kV and 400/220 kV substations with 3 Nos. of 1,500 MVA ICTs, multiple 765 kV and 400 kV line bays, STATCOM units of plus/minus 400 MVAr, and 27-month completion timelines, serving key substations in Morena, Sabalgarh, and Karera (near Datia), Madhya Pradesh.
8CERC adopts tariff for Waaree Forever's 170 MW Neemuch solar project under RUMSL-MPPMCL bid
The Central Electricity Regulatory Commission on 16th May 2026 passed an order in Petition No. 776/AT/2025 under Section 63 of the Electricity Act, 2003 to formally adopt tariff for a 170 MW grid-connected solar PV project won by Waaree Forever Energies Private Limited through competitive bidding at the Neemuch Solar Park, Madhya Pradesh. The initiative is jointly promoted by Rewa Ultra Mega Solar Limited (RUMSL) and Madhya Pradesh Power Management Company Limited (MPPMCL) as part of the Government's target of achieving 500 GW renewable capacity by 2030.
8CERC issues corrigendum on JSW Hydro's Rs. 2,198.80 lakh energy charge recovery in remand order
The Central Electricity Regulatory Commission issued a corrigendum order on 16th May 2026 in Petition No. 184/MP/2019 (on remand), correcting its earlier order dated 28th November 2025. The petition was filed by JSW Hydro Energy Ltd. (formerly Himachal Baspa Power Company Limited) under CERC Tariff Regulations, 2019 for recovery of unrecovered energy charges related to shortfall in generation during FY 2018-19 at Karcham Wangtoo HEP. JSW Hydro confirmed actual amount realised from beneficiaries stood at Rs. 2,198.80 lakh.
8UERC approves UPCL's FPPCA for Q3 FY26; Rs. 59.17 crore chargeable against incremental costs
The Uttarakhand Electricity Regulatory Commission in Petition No. 20 of 2026 dated May 15, 2026 approved UPCL's Fuel and Power Purchase Cost Adjustment for Q3 FY 2025-26 (October-December 2025). The total amount chargeable against incremental power purchase costs was Rs. 59.17 crore, comprising minus Rs. 1.92 crore for October (net of over-recovery), Rs. 43.63 crore for November, and Rs. 17.46 crore for December 2025. The commission approved a net claim of Rs. 767.06 crore (1,390.73 MU) for December 2025.
8JERC passes True-Up order for Lakshadweep Electricity Department for FY 2020-21 and 2021-22
The Joint Electricity Regulatory Commission for Goa and Union Territories issued its Tariff Order on May 18, 2026, approving the True-up of accounts for FY 2020-21 and FY 2021-22 for the Lakshadweep Electricity Department. The order covers detailed assessment of consumer numbers, energy sales, T&D losses, power purchase costs, fuel costs, O&M expenses, capital structure, depreciation, return on equity, and aggregate revenue requirements, and resolves gaps and surpluses from the two financial years for the Union Territory's electricity utility.
8Jharkhand SERC orders true-up of DVC's distribution business for FY 2006-07 to 2011-12
The Jharkhand State Electricity Regulatory Commission issued an order in May 2026 directing the true-up of accounts for the distribution business of Damodar Valley Corporation (DVC) in Jharkhand for the period FY 2006-07 to FY 2011-12. The order follows a detailed public consultation process and examines DVC's Transmission and Distribution costs, Own Generation costs, Sinking Fund contributions, Additional O&M expenses from pay revision, Interest on Temporary Financial Accommodation, Legal expenses, Income Tax, Revenue, and Average Cost of Supply.
8TNERC invites public comment on 3 draft regulations: Multi-Year Distribution Tariff, SLDC charges, BESS rules 2026
The Tamil Nadu Electricity Regulatory Commission on 18th May 2026 issued a press release announcing publication of three landmark draft regulations on its website, inviting public comments within 15 days: TNERC (Multi Year Tariff for Distribution) Regulations, 2026 published 12th May; TNERC (Determination of State Load Despatch Centre Fees and Charges) Regulations, 2026 published 14th May; and TNERC (Battery Energy Storage Systems) Regulations, 2026 published 15th May 2026.
8DERC floats tender for C&AG-empanelled CA firm to intensively audit Delhi DISCOMs; bids due 8 June
The Delhi Electricity Regulatory Commission issued a Tender Notice on May 18, 2026, inviting sealed bids from C&AG-empanelled CA firms for an Intensive Audit of three Delhi electricity distribution companies, BSES Rajdhani Power, BSES Yamuna Power, and Tata Power Delhi Distribution. The audit is being undertaken in pursuance of Supreme Court directions dated August 6, 2025, and implemented through APTEL's suo-moto petition OP-01/2025. Bid proposals must be submitted by 13:00 hours on June 8, 2026.
REGULATORY PETITION & REVIEW
8WBSETCL moves CERC for ISTS tariff on 94.726 km Kolaghat-Baripada line and 73.9 km Santaldih-Chandil corridor
West Bengal State Electricity Transmission Company Limited filed a petition on 18th May 2026 before the Central Electricity Regulatory Commission under Sections 62(1)(b) and 79(1)(d) of the Electricity Act, 2003 for determination of ISTS tariff for the period 2024-29 and true-up for 2019-24. The petition covers Asset 1A: 94.726 km of 400 kV S/C Kolaghat-Baripada Transmission Line (ISTS portion), Asset 1B: 3.874 km of the same line (Loop-out ISTS portion), and Asset 2: 73.9 km of 220 kV S/C Santaldih-Chandil Transmission Line.
8UPERC begins hearing on UPPCL's bid for 4,000 MW thermal power on 25-year DBFOO basis
The UPERC commenced hearing on Petition No. 2338 of 2026 filed by UPPCL for approval to procure 4,000 MW of thermal power capacity from new projects under DBFOO (Design, Build, Finance, Own, Operate) mode for 25 years, sourcing fuel via SHAKTI Policy B(iv). The hearing saw intervention applications from JSW Energy and Lalitpur Power Generation Company Limited, who raised objections to key bid conditions including restriction to new projects only, the mandated 800 MW unit size, and the 2,400 MW cap per bidder.
8UPERC admits BESS petition from Fourth Partner Energy; seeks clarity on retrofitting storage in operating RE plants
The UPERC admitted a petition (No. 2355 of 2026) from Fourth Partner Energy Private Limited and two associated companies seeking regulatory clarity on installing Battery Energy Storage Systems (BESS) in already commissioned and grid-connected renewable energy generating stations. The petitioner highlighted regulatory gaps: existing connectivity procedures do not address BESS integration post-commissioning, raising issues around long-term open access, power injection hours, and BPTA/BPWA agreements for solar projects.
8UPERC admits NTPC's petition to transfer Rihand area distribution licence to UPPCL/PUVVNL
The UPERC admitted a petition filed by NTPC Limited (Petition No. 2372 of 2026) seeking approval for the transfer of Distribution Licence No. 1 of 2011 from NTPC to UPPCL/Purvanchal Vidyut Vitran Nigam Limited for the NTPC Rihand rehabilitation area in Sonbhadra district, Uttar Pradesh. The petition is filed pursuant to the Supreme Court's February 18, 2026 order in Writ Petition No. 1061/1982, and involves payment of Rs. 3,37,72,993 by NTPC to the respondents.
8UPERC forms committee to determine final capital cost of UPRVUNL's 660 MW Harduaganj unit
The UPERC decided to constitute a technical committee to determine the final capital cost of the 1x660 MW Harduaganj Extension Stage-II Thermal Power Station of U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL), following the model used in the Jawaharpur TPS case. The Commission allowed UPRVUNL four weeks to respond to UPPCL's submissions. The matter (Petition No. 2159 of 2024) was heard on May 12, 2026, with provisional tariff arrangements continuing pending final determination.
8UPERC lists Obra C 2x660 MW tariff petition for 14 July; UPRVUNL gets four weeks to reply
The UPERC in Petition No. 2237 of 2025 granted UPRVUNL four weeks to file its reply to detailed submissions made by UPPCL regarding the final capital cost and provisional tariff of the 2x660 MW Obra C Thermal Power Station. The petition under Sections 62 and 86(1) of the Electricity Act, 2003 seeks approval of annual revenue requirements and provisional tariff for the project. The next hearing is listed for July 14, 2026.
8UPERC allows UPRVUNL four weeks to reply in 660 MW Panki Extension TPS case; bills at 80% provisional rate
The UPERC in Petition No. 2233 of 2025 allowed UPRVUNL four weeks to respond to UPPCL's submissions regarding the 1x660 MW Panki Extension Thermal Power Station's final capital cost and provisional tariff. The Commission confirmed that UPRVUNL has been permitted to bill 80% of its claimed fixed charges on a provisional basis, with variable charges at actual. The matter is listed for hearing on July 14, 2026 alongside other UPRVUNL thermal tariff petitions.
8UPERC hears India Glycols petition on tariff for coal-switched co-generation plant; UPPCL seeks 3 weeks
The UPERC in Petition No. 2365 of 2026 heard India Glycols Limited's petition seeking tariff determination for its non-RE captive co-generation plant commissioned in FY 2013-14. IGL sought relief under the Power to Remove Difficulty clause after changing the plant's fuel from biomass (rice husk) to 100% coal. The Commission noted that the applicable tariff may be reduced with the fuel shift. UPPCL was granted three weeks to file its reply; the matter is listed for June 4, 2026.
8UPERC directs Meerut Shamli Transmission to file hard-copy rejoinders; project COD extension sought
The UPERC in Petition No. 2264 of 2025 directed Meerut Shamli Power Transmission Limited to file hard-copy rejoinders to replies filed by UPPTCL, UPPCL, and LTTCs before the Commission and to serve them on all respondents. The matter, which seeks extension of the scheduled commissioning date for a transmission project and stay of coercive measures, was heard on May 14, 2026, with next steps awaited on the procedural compliance front.
8TGGENCO files petition before TERC to adopt tariff for 1,500 MWh BESS under global competitive bidding
Telangana Power Generation Corporation Limited (TGGENCO), headquartered at Vidyut Soudha, Hyderabad, filed a petition under Section 63 of the Electricity Act, 2003 before the Telangana Electricity Regulatory Commission seeking adoption of tariff for 1,500 MWh Battery Energy Storage Systems (BESS) to be deployed at 2 locations of TGTRANSCO's vacant lands under Build-Own-Operate mode with Viability Gap Funding from PSDF and a 15-year tenure. The Southern Power Distribution Company of Telangana and other DISCOMs are listed as respondents. Details
NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE
May 19:
QUARTERLY RESULTS
8GE Vernova T&D India posts record Rs. 62.1 bn FY26 revenue; PAT doubles to Rs. 12.3 bn
GE Vernova T&D India Limited reported a stellar FY 2025-26 with revenue surging 45% YoY to Rs. 62.1 billion, while PAT more than doubled to Rs. 12.3 billion, up 103% YoY. Order bookings for the full year stood at Rs. 147.8 billion, a 37% jump over the previous year. In Q4 FY26 alone, the company clocked Rs. 16.4 billion in revenue, up 42% YoY, and secured a landmark order from Adani Energy Solutions for a 2.5-GW HVDC VSC terminal station for the Khavda-South Olpad renewable power corridor.
8Triveni Turbine reports record FY26 revenue of Rs. 21.81 bn; Q4 revenue up 26.3% YoY at Rs. 6.80 bn
Triveni Turbine Limited reported its highest-ever annual revenue of Rs. 21.81 billion for FY 2025-26, a 9% YoY rise, with exports contributing 58% of the total and growing 30.1% YoY. In Q4 FY26, the company achieved its highest-ever quarterly revenue of Rs. 6.80 billion, up 26.3% YoY, driven by a 45.8% surge in export revenue and a 174.1% spike in export order bookings. Q4 order booking stood at Rs. 7.47 billion, up 19% YoY. EBITDA for Q4 was Rs. 1.44 billion with a margin of 21.2%, while full-year PAT stood at Rs. 3.49 billion.
8JSW Energy clocks record FY26 EBITDA of Rs. 11,041 crore; installed capacity rises 2.6 GW to 13.45 GW
JSW Energy Limited held its Q4 FY26 earnings conference call on May 11, 2026, reporting record annual EBITDA of Rs. 11,041 crore for FY26, with installed capacity growing by 2.6 GW to 13.45 GW and generation rising 58% YoY. Joint MD and CEO Sharad Mahendra noted that India's total power demand grew only 0.9% in FY26, the lowest in five years, due to an extended monsoon, though Q4 saw a recovery. The company said FY26 was pivotal in translating its Strategy 3.0 ambitions into concrete business outcomes.
8POWERGRID FY26 PAT rises 3.7% to Rs. 15,921 crore; Q4 PAT up 5% YoY at Rs. 4,553 crore
Power Grid Corporation of India Limited reported standalone PAT of Rs. 15,921 crore for FY26, a 3.7% YoY rise, on revenue of Rs. 40,904 crore. Q4 FY26 PAT grew 5% YoY to Rs. 4,553 crore. The state-owned transmission giant exceeded its FY26 capex guidance by delivering Rs. 39,967 crore against a target of Rs. 35,000 crore. Works-in-hand pipeline stood at approximately Rs. 1.70 lakh crore with a bidding pipeline exceeding Rs. 1.1 lakh crore, while system availability stood at 99.84%.
8POWERGRID posts Rs. 46,995.88 crore total income for FY26; Q4 standalone income at Rs. 11,954.70 crore
Power Grid Corporation of India Limited published its audited financial results for FY ended 31st March 2026 under Regulations 30 and 47 of SEBI LODR Regulations, 2015. Standalone total income stood at Rs. 46,995.88 crore for the full year, compared to Rs. 46,325.32 crore in FY 2024-25, while quarterly income for Q4 FY 2025-26 was Rs. 11,954.70 crore. Results were communicated to both NSE and BSE on 16th May 2026 by Company Secretary Satyaprakash Dash.
8NTPC's Patratu Unit-2 (800 MW) completes trial run; NTPC Group capacity rises to 90,668 MW
NTPC Limited announced successful completion of trial operation of Unit-2 (800 MW) of Patratu Vidyut Utpadan Nigam Limited (PVUNL), a subsidiary operating in Jharkhand. With this addition, the total installed capacity of the NTPC Group reaches 90,668 MW. The unit has been formally included in NTPC's installed capacity following achievement of approved norms and due approvals, reinforcing NTPC's leading position as India's largest power generator with approximately 17% of India's installed capacity and 22% of generation as of March 2026.
ANNUAL RESULTS
8NHPC board approves audited financial results for FY 2025-26; investor presentation uploaded
NHPC Limited's Board of Directors, at its meeting on May 15, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company has uploaded an investor presentation on its official website. NHPC, India's premier hydropower public sector enterprise classified as a Navratna CPSE, generates green energy from its hydroelectric stations across the country and forms a strategic pillar of India's clean-power generation portfolio supporting national renewable energy transition targets.
8IREDA reports 71.76% growth in green energy financing disbursements in Q4 FY26
Indian Renewable Energy Development Agency Limited (IREDA), a Navratna CPSE under MNRE, released its Akshay Kranti newsletter for January-March 2026 (Q4 FY26), highlighting 71.76% growth in green energy financing disbursements. The agency noted strong performance across solar, wind, hydro, and biomass sectors, supporting India's push to scale up renewable energy capacity toward its national energy transition goals targeting 500 GW non-fossil capacity by 2030.
DIVIDEND & BOARD DECISIONS
8GE Vernova T&D India recommends Rs. 10/share final dividend for FY26; reappoints Sushil Kumar as WTD & CFO
GE Vernova T&D India Limited's Board, at its May 18, 2026 meeting, approved audited financial results for Q4 and FY 2025-26 and recommended a final dividend of Rs. 10 per equity share (500% of face value of Rs. 2), subject to shareholder approval. The board reappointed Deloitte Haskins & Sells as statutory auditors for five years, appointed M/s Ramanath Iyer & Co. as cost auditors for FY 2026-27, and reappointed Mr. Sushil Kumar as Whole Time Director and CFO for five years effective January 1, 2027.
8Triveni Turbine recommends Rs. 2/share final dividend for FY26; approves two independent director reappointments
Triveni Turbine Limited's Board of Directors at its May 18, 2026 meeting approved audited standalone and consolidated financial results for Q4 and FY 2025-26 and recommended a final dividend of Rs. 2 per equity share (200% of face value of Rs. 1) for FY 2025-26, subject to shareholder approval at the AGM on September 9, 2026. The Board also approved the reappointment of Mr. Vijay Kumar Thadani till December 14, 2031 and Mr. Vipin Sondhi till March 16, 2032 as Independent Directors for second terms of five years each.
8POWERGRID elevates three Chief General Managers Jiten Das, Rajiv Gandhi, Sanjay Kumar Gupta to Executive Director
Power Grid Corporation of India Limited disclosed to NSE and BSE on 16th May 2026 that Shri Jiten Das, Shri Rajiv Gandhi, and Shri Sanjay Kumar Gupta, all serving as Chief General Managers, have been promoted to the position of Executive Director (ED), marking a significant change in senior management. The disclosure was made under Regulation 30 of SEBI LODR Regulations, 2015 by Company Secretary Satyaprakash Dash. The promotions strengthen POWERGRID's leadership bench as the company manages approximately 84% of inter-state transmission capacity.
8JSW Energy divests 2.5 crore shares in JSW Steel for Rs. 3,150 crore in strategic liquidity release
JSW Energy Limited sold 2,50,00,000 equity shares of JSW Steel Limited via a bulk deal on the NSE on May 18, 2026, as part of a strategic capital release, realising gross proceeds of Rs. 3,150 crore. The company stated the divestment would improve its Return on Capital Employed and fund its growth strategy under a disciplined capital allocation approach. Post-transaction, JSW Energy's residual holding in JSW Steel stands at 4,50,38,350 equity shares, freeing up resources for the company's ongoing renewable and conventional capacity expansion programmes.
8GE Vernova T&D India to invest Rs. 550 million in new Vallam plant for disconnectors and 362 kV circuit breakers
GE Vernova T&D India Limited's Board of Directors approved an investment of Rs. 550 million on May 18, 2026 to create new manufacturing capacity for Disconnectors and Drives for 362 kV Dead Tank Circuit Breakers at a new facility in Vallam, Tamil Nadu. The company currently has nil capacity in these products; the new facility will serve both domestic and international markets. The first production rollout is expected tentatively by December 2026, funded through internal accruals as the company expands its high-voltage equipment footprint.
EARNINGS CALL & ANALYST MEET
8POWERGRID investor meet in Mumbai shows Rs. 3 lakh crore+ gross fixed assets and 1,84,960 ckm network
Power Grid Corporation of India Limited presented its FY 2025-26 results at an Analysts' and Institutional Investors' Meet on 18th May 2026 in Mumbai, reporting gross fixed assets exceeding Rs. 3 lakh crore on a consolidated basis, a transmission network of 1,84,960 circuit kilometres, transformation capacity of 6,24,016 MVA, 291 substations, and 1,01,180 MW inter-regional capacity representing approximately 84% of India's total inter-regional transfer capacity. The company commissioned the world's first 765 kV digital substation.
8KPI Green Energy Q4 FY26 earnings call cites robust revenue, EBITDA, PAT growth across IPP/CPP segments
KPI Green Energy Limited released the transcript of its Q4 FY26 earnings conference call held on May 12, 2026, hosted by Share India Securities. The management team, including Whole-Time Director Sohil Dabhoya, Group CEO Dr. Alok Das, and CFO Salim Yahoo, described FY 2025-26 as another strong and excellent year with robust growth in revenue, EBITDA, PAT, and cash profit across the company's renewable energy and IPP/CPP portfolio. Management confirmed participation in YES Securities India Manthan 2026 conference on May 21.
8Solar Industries India Q4 FY26 call transcript released; CEO Manish Nuwal highlights strong numbers
Solar Industries India Limited released the transcript of its Q4 FY26 earnings conference call held on May 15, 2026, hosted by Motilal Oswal Financial Services. The call featured CEO and MD Manish Nuwal, Executive Directors Suresh Menon and Milind Deshmukh, and Joint CFOs Moneesh Agrawal and Shalinee Mandhana, who presented the company's audited results for the quarter and year ended March 31, 2026. The transcript discusses operational performance, capex outlook and segment-wise commentary.
8K.P. Energy Q4 FY26 earnings call shows strong wind EPC numbers; investor confidence reaffirmed
K.P. Energy Limited held its Q4 FY26 earnings conference call on May 12, 2026, with management, including Whole Time Director Affan Faruk Patel, Group CEO Dr. Alok Das, Group CFO Salim Yahoo, and CFO Shabana Belim, presenting the audited standalone and consolidated results for the quarter and year ended March 31, 2026. The call, hosted by Share India Securities, was prefaced by moderator Harsh Patel congratulating the company's management on a strong set of financial numbers for the wind energy EPC firm.
8KEC International releases audio recording of Q4 FY26 earnings call held on 18 May
KEC International Limited informed stock exchanges that the audio recording of its Q4 FY26 earnings conference call, held on May 18, 2026 at 10:00 a.m. IST, has been made available on the company's website. The call discussed the audited financial results for the quarter and year ended March 31, 2026. KEC International is a global infrastructure EPC company in the RPG Group, specializing in power transmission, railways, civil, urban infrastructure, and solar segments with operations across multiple countries.
8KP Green Engineering H2 FY26 call discusses record performance under wind EPC vertical
KP Green Engineering Limited held its H2 FY26 earnings conference call on May 13, 2026, covering audited financial results for the half-year and year ended March 31, 2026. The management team, including Whole-Time Director Moinul Kadva, Group CEO Dr. Alok Das, Group CFO Salim Yahoo, and Chief Accounts Officer Ashfak Khan, presented strong performance numbers to analysts and investors hosted by Share India Securities Limited. The discussions covered operational milestones and growth pipeline visibility.
CREDIT RATING & ANALYST REPORT
8ICRA reaffirms NTPC's AAA rating; enhances commercial paper limit to Rs. 20,000 crore
ICRA reaffirmed the ICRA AAA (Stable) rating of NTPC Limited across instruments worth Rs. 2,50,855 crore, including long-term fund-based term loans of Rs. 1,20,000 crore, bonds of Rs. 61,855 crore, and working capital facilities of Rs. 40,000 crore, while enhancing and reaffirming NTPC's commercial paper rating (ICRA A1+) to an enhanced limit of Rs. 20,000 crore from Rs. 10,000 crore. NTPC accounts for approximately 17% of India's installed power capacity and 22% of generation as of March 2026.
8Ayana Kadapa's 250 MW solar plant rating upgraded to CARE AA-; DSCR improves to 1.27x
CareEdge Ratings upgraded the ratings of Ayana Kadapa Renewable Power Private Limited (AKRP) to CARE AA-; Stable for long-term bank facilities worth Rs. 987 crore, from CARE A+; Stable previously. The upgrade follows the early commissioning of the company's 250 MW AC solar plant in Andhra Pradesh on February 28, 2026, a day ahead of the scheduled COD, and improvement in the debt service coverage ratio (DSCR) to a forward-looking 1.27x from the earlier estimate of 1.22x. The project holds a 25-year PPA with SECI at Rs. 2.71 per unit.
8ACME Solar subsidiary APUPL gets ICRA A-(Stable) rating for Rs. 800 crore term loan
ICRA Limited assigned an ICRA A-(Stable) rating to the Rs. 800 crore long-term fund-based term loan of ACME Platinum Urja Private Limited (APUPL), a wholly owned subsidiary of ACME Solar Holdings Limited. APUPL is developing solar-plus-battery storage projects in two phases with contracted capacities of 150 MW (Phase-1) and 200 MW (Phase-2), backed by 25-year PPAs with SECI at a fixed tariff of Rs. 3.42 per unit. The cumulative DSCR on external debt is estimated above 1.25x across the loan tenure.
8ICICI Securities upgrades POWERGRID target to Rs. 360 with BUY rating on 22% upside view
ICICI Securities issued a BUY recommendation on Power Grid Corporation of India with a target price of Rs. 360 (22% upside from CMP Rs. 296), citing a strong transmission capex cycle with works-in-hand of approximately Rs. 1.70 lakh crore and a bidding pipeline exceeding Rs. 1.1 lakh crore. For FY26, POWERGRID's standalone PAT rose 3.7% YoY to Rs. 15,921 crore on revenue of Rs. 40,904 crore. The company exceeded both capex (Rs. 39,967 crore vs Rs. 35,000 crore guidance) and capitalisation targets for FY26.
8CareEdge retains Prasur Electricals at CARE B-/A4 under Non-Cooperating Category; Rs. 14 crore rated
CareEdge Ratings (CARE Ratings Limited) has maintained the ratings of Prasur Electricals and Engineering Company (PEEC) under the Issuer Not Cooperating (INC) category, with long-term bank facilities of Rs. 4.38 crore rated at CARE B-; Stable and short-term bank facilities of Rs. 9.75 crore at CARE A4. PEEC, a Kolkata-based partnership firm established in 1993 engaged in civil and electrical construction across West Bengal, Andaman, and other states, has failed to provide monitoring information despite repeated requests since March 2025.
8Jay Bee Laminations gets PGCIL approval for 765 kV CRGO cores; capacity at 23,340 MTPA in FY26
Jay Bee Laminations Limited, a manufacturer of CRGO silicon steel cores and transformers with three units in Noida and Greater Noida, shared its H2 and FY26 investor presentation highlighting current installed capacity of 23,340 MTPA for CRGO products and 1,000 MVA for transformers. The company received PGCIL approval for 765 kV class CRGO cores in 2026 and holds NABL accreditation. Founded in 1988, the company has exported to over 10 countries and crossed an annual revenue of Rs. 200 crore in FY24. Details
8GE Vernova T&D India posts record Rs. 62.1 bn FY26 revenue; PAT doubles to Rs. 12.3 bn
GE Vernova T&D India Limited reported a stellar FY 2025-26 with revenue surging 45% YoY to Rs. 62.1 billion, while PAT more than doubled to Rs. 12.3 billion, up 103% YoY. Order bookings for the full year stood at Rs. 147.8 billion, a 37% jump over the previous year. In Q4 FY26 alone, the company clocked Rs. 16.4 billion in revenue, up 42% YoY, and secured a landmark order from Adani Energy Solutions for a 2.5-GW HVDC VSC terminal station for the Khavda-South Olpad renewable power corridor.
8Triveni Turbine reports record FY26 revenue of Rs. 21.81 bn; Q4 revenue up 26.3% YoY at Rs. 6.80 bn
Triveni Turbine Limited reported its highest-ever annual revenue of Rs. 21.81 billion for FY 2025-26, a 9% YoY rise, with exports contributing 58% of the total and growing 30.1% YoY. In Q4 FY26, the company achieved its highest-ever quarterly revenue of Rs. 6.80 billion, up 26.3% YoY, driven by a 45.8% surge in export revenue and a 174.1% spike in export order bookings. Q4 order booking stood at Rs. 7.47 billion, up 19% YoY. EBITDA for Q4 was Rs. 1.44 billion with a margin of 21.2%, while full-year PAT stood at Rs. 3.49 billion.
8JSW Energy clocks record FY26 EBITDA of Rs. 11,041 crore; installed capacity rises 2.6 GW to 13.45 GW
JSW Energy Limited held its Q4 FY26 earnings conference call on May 11, 2026, reporting record annual EBITDA of Rs. 11,041 crore for FY26, with installed capacity growing by 2.6 GW to 13.45 GW and generation rising 58% YoY. Joint MD and CEO Sharad Mahendra noted that India's total power demand grew only 0.9% in FY26, the lowest in five years, due to an extended monsoon, though Q4 saw a recovery. The company said FY26 was pivotal in translating its Strategy 3.0 ambitions into concrete business outcomes.
8POWERGRID FY26 PAT rises 3.7% to Rs. 15,921 crore; Q4 PAT up 5% YoY at Rs. 4,553 crore
Power Grid Corporation of India Limited reported standalone PAT of Rs. 15,921 crore for FY26, a 3.7% YoY rise, on revenue of Rs. 40,904 crore. Q4 FY26 PAT grew 5% YoY to Rs. 4,553 crore. The state-owned transmission giant exceeded its FY26 capex guidance by delivering Rs. 39,967 crore against a target of Rs. 35,000 crore. Works-in-hand pipeline stood at approximately Rs. 1.70 lakh crore with a bidding pipeline exceeding Rs. 1.1 lakh crore, while system availability stood at 99.84%.
8POWERGRID posts Rs. 46,995.88 crore total income for FY26; Q4 standalone income at Rs. 11,954.70 crore
Power Grid Corporation of India Limited published its audited financial results for FY ended 31st March 2026 under Regulations 30 and 47 of SEBI LODR Regulations, 2015. Standalone total income stood at Rs. 46,995.88 crore for the full year, compared to Rs. 46,325.32 crore in FY 2024-25, while quarterly income for Q4 FY 2025-26 was Rs. 11,954.70 crore. Results were communicated to both NSE and BSE on 16th May 2026 by Company Secretary Satyaprakash Dash.
8NTPC's Patratu Unit-2 (800 MW) completes trial run; NTPC Group capacity rises to 90,668 MW
NTPC Limited announced successful completion of trial operation of Unit-2 (800 MW) of Patratu Vidyut Utpadan Nigam Limited (PVUNL), a subsidiary operating in Jharkhand. With this addition, the total installed capacity of the NTPC Group reaches 90,668 MW. The unit has been formally included in NTPC's installed capacity following achievement of approved norms and due approvals, reinforcing NTPC's leading position as India's largest power generator with approximately 17% of India's installed capacity and 22% of generation as of March 2026.
ANNUAL RESULTS
8NHPC board approves audited financial results for FY 2025-26; investor presentation uploaded
NHPC Limited's Board of Directors, at its meeting on May 15, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company has uploaded an investor presentation on its official website. NHPC, India's premier hydropower public sector enterprise classified as a Navratna CPSE, generates green energy from its hydroelectric stations across the country and forms a strategic pillar of India's clean-power generation portfolio supporting national renewable energy transition targets.
8IREDA reports 71.76% growth in green energy financing disbursements in Q4 FY26
Indian Renewable Energy Development Agency Limited (IREDA), a Navratna CPSE under MNRE, released its Akshay Kranti newsletter for January-March 2026 (Q4 FY26), highlighting 71.76% growth in green energy financing disbursements. The agency noted strong performance across solar, wind, hydro, and biomass sectors, supporting India's push to scale up renewable energy capacity toward its national energy transition goals targeting 500 GW non-fossil capacity by 2030.
DIVIDEND & BOARD DECISIONS
8GE Vernova T&D India recommends Rs. 10/share final dividend for FY26; reappoints Sushil Kumar as WTD & CFO
GE Vernova T&D India Limited's Board, at its May 18, 2026 meeting, approved audited financial results for Q4 and FY 2025-26 and recommended a final dividend of Rs. 10 per equity share (500% of face value of Rs. 2), subject to shareholder approval. The board reappointed Deloitte Haskins & Sells as statutory auditors for five years, appointed M/s Ramanath Iyer & Co. as cost auditors for FY 2026-27, and reappointed Mr. Sushil Kumar as Whole Time Director and CFO for five years effective January 1, 2027.
8Triveni Turbine recommends Rs. 2/share final dividend for FY26; approves two independent director reappointments
Triveni Turbine Limited's Board of Directors at its May 18, 2026 meeting approved audited standalone and consolidated financial results for Q4 and FY 2025-26 and recommended a final dividend of Rs. 2 per equity share (200% of face value of Rs. 1) for FY 2025-26, subject to shareholder approval at the AGM on September 9, 2026. The Board also approved the reappointment of Mr. Vijay Kumar Thadani till December 14, 2031 and Mr. Vipin Sondhi till March 16, 2032 as Independent Directors for second terms of five years each.
8POWERGRID elevates three Chief General Managers Jiten Das, Rajiv Gandhi, Sanjay Kumar Gupta to Executive Director
Power Grid Corporation of India Limited disclosed to NSE and BSE on 16th May 2026 that Shri Jiten Das, Shri Rajiv Gandhi, and Shri Sanjay Kumar Gupta, all serving as Chief General Managers, have been promoted to the position of Executive Director (ED), marking a significant change in senior management. The disclosure was made under Regulation 30 of SEBI LODR Regulations, 2015 by Company Secretary Satyaprakash Dash. The promotions strengthen POWERGRID's leadership bench as the company manages approximately 84% of inter-state transmission capacity.
8JSW Energy divests 2.5 crore shares in JSW Steel for Rs. 3,150 crore in strategic liquidity release
JSW Energy Limited sold 2,50,00,000 equity shares of JSW Steel Limited via a bulk deal on the NSE on May 18, 2026, as part of a strategic capital release, realising gross proceeds of Rs. 3,150 crore. The company stated the divestment would improve its Return on Capital Employed and fund its growth strategy under a disciplined capital allocation approach. Post-transaction, JSW Energy's residual holding in JSW Steel stands at 4,50,38,350 equity shares, freeing up resources for the company's ongoing renewable and conventional capacity expansion programmes.
8GE Vernova T&D India to invest Rs. 550 million in new Vallam plant for disconnectors and 362 kV circuit breakers
GE Vernova T&D India Limited's Board of Directors approved an investment of Rs. 550 million on May 18, 2026 to create new manufacturing capacity for Disconnectors and Drives for 362 kV Dead Tank Circuit Breakers at a new facility in Vallam, Tamil Nadu. The company currently has nil capacity in these products; the new facility will serve both domestic and international markets. The first production rollout is expected tentatively by December 2026, funded through internal accruals as the company expands its high-voltage equipment footprint.
EARNINGS CALL & ANALYST MEET
8POWERGRID investor meet in Mumbai shows Rs. 3 lakh crore+ gross fixed assets and 1,84,960 ckm network
Power Grid Corporation of India Limited presented its FY 2025-26 results at an Analysts' and Institutional Investors' Meet on 18th May 2026 in Mumbai, reporting gross fixed assets exceeding Rs. 3 lakh crore on a consolidated basis, a transmission network of 1,84,960 circuit kilometres, transformation capacity of 6,24,016 MVA, 291 substations, and 1,01,180 MW inter-regional capacity representing approximately 84% of India's total inter-regional transfer capacity. The company commissioned the world's first 765 kV digital substation.
8KPI Green Energy Q4 FY26 earnings call cites robust revenue, EBITDA, PAT growth across IPP/CPP segments
KPI Green Energy Limited released the transcript of its Q4 FY26 earnings conference call held on May 12, 2026, hosted by Share India Securities. The management team, including Whole-Time Director Sohil Dabhoya, Group CEO Dr. Alok Das, and CFO Salim Yahoo, described FY 2025-26 as another strong and excellent year with robust growth in revenue, EBITDA, PAT, and cash profit across the company's renewable energy and IPP/CPP portfolio. Management confirmed participation in YES Securities India Manthan 2026 conference on May 21.
8Solar Industries India Q4 FY26 call transcript released; CEO Manish Nuwal highlights strong numbers
Solar Industries India Limited released the transcript of its Q4 FY26 earnings conference call held on May 15, 2026, hosted by Motilal Oswal Financial Services. The call featured CEO and MD Manish Nuwal, Executive Directors Suresh Menon and Milind Deshmukh, and Joint CFOs Moneesh Agrawal and Shalinee Mandhana, who presented the company's audited results for the quarter and year ended March 31, 2026. The transcript discusses operational performance, capex outlook and segment-wise commentary.
8K.P. Energy Q4 FY26 earnings call shows strong wind EPC numbers; investor confidence reaffirmed
K.P. Energy Limited held its Q4 FY26 earnings conference call on May 12, 2026, with management, including Whole Time Director Affan Faruk Patel, Group CEO Dr. Alok Das, Group CFO Salim Yahoo, and CFO Shabana Belim, presenting the audited standalone and consolidated results for the quarter and year ended March 31, 2026. The call, hosted by Share India Securities, was prefaced by moderator Harsh Patel congratulating the company's management on a strong set of financial numbers for the wind energy EPC firm.
8KEC International releases audio recording of Q4 FY26 earnings call held on 18 May
KEC International Limited informed stock exchanges that the audio recording of its Q4 FY26 earnings conference call, held on May 18, 2026 at 10:00 a.m. IST, has been made available on the company's website. The call discussed the audited financial results for the quarter and year ended March 31, 2026. KEC International is a global infrastructure EPC company in the RPG Group, specializing in power transmission, railways, civil, urban infrastructure, and solar segments with operations across multiple countries.
8KP Green Engineering H2 FY26 call discusses record performance under wind EPC vertical
KP Green Engineering Limited held its H2 FY26 earnings conference call on May 13, 2026, covering audited financial results for the half-year and year ended March 31, 2026. The management team, including Whole-Time Director Moinul Kadva, Group CEO Dr. Alok Das, Group CFO Salim Yahoo, and Chief Accounts Officer Ashfak Khan, presented strong performance numbers to analysts and investors hosted by Share India Securities Limited. The discussions covered operational milestones and growth pipeline visibility.
CREDIT RATING & ANALYST REPORT
8ICRA reaffirms NTPC's AAA rating; enhances commercial paper limit to Rs. 20,000 crore
ICRA reaffirmed the ICRA AAA (Stable) rating of NTPC Limited across instruments worth Rs. 2,50,855 crore, including long-term fund-based term loans of Rs. 1,20,000 crore, bonds of Rs. 61,855 crore, and working capital facilities of Rs. 40,000 crore, while enhancing and reaffirming NTPC's commercial paper rating (ICRA A1+) to an enhanced limit of Rs. 20,000 crore from Rs. 10,000 crore. NTPC accounts for approximately 17% of India's installed power capacity and 22% of generation as of March 2026.
8Ayana Kadapa's 250 MW solar plant rating upgraded to CARE AA-; DSCR improves to 1.27x
CareEdge Ratings upgraded the ratings of Ayana Kadapa Renewable Power Private Limited (AKRP) to CARE AA-; Stable for long-term bank facilities worth Rs. 987 crore, from CARE A+; Stable previously. The upgrade follows the early commissioning of the company's 250 MW AC solar plant in Andhra Pradesh on February 28, 2026, a day ahead of the scheduled COD, and improvement in the debt service coverage ratio (DSCR) to a forward-looking 1.27x from the earlier estimate of 1.22x. The project holds a 25-year PPA with SECI at Rs. 2.71 per unit.
8ACME Solar subsidiary APUPL gets ICRA A-(Stable) rating for Rs. 800 crore term loan
ICRA Limited assigned an ICRA A-(Stable) rating to the Rs. 800 crore long-term fund-based term loan of ACME Platinum Urja Private Limited (APUPL), a wholly owned subsidiary of ACME Solar Holdings Limited. APUPL is developing solar-plus-battery storage projects in two phases with contracted capacities of 150 MW (Phase-1) and 200 MW (Phase-2), backed by 25-year PPAs with SECI at a fixed tariff of Rs. 3.42 per unit. The cumulative DSCR on external debt is estimated above 1.25x across the loan tenure.
8ICICI Securities upgrades POWERGRID target to Rs. 360 with BUY rating on 22% upside view
ICICI Securities issued a BUY recommendation on Power Grid Corporation of India with a target price of Rs. 360 (22% upside from CMP Rs. 296), citing a strong transmission capex cycle with works-in-hand of approximately Rs. 1.70 lakh crore and a bidding pipeline exceeding Rs. 1.1 lakh crore. For FY26, POWERGRID's standalone PAT rose 3.7% YoY to Rs. 15,921 crore on revenue of Rs. 40,904 crore. The company exceeded both capex (Rs. 39,967 crore vs Rs. 35,000 crore guidance) and capitalisation targets for FY26.
8CareEdge retains Prasur Electricals at CARE B-/A4 under Non-Cooperating Category; Rs. 14 crore rated
CareEdge Ratings (CARE Ratings Limited) has maintained the ratings of Prasur Electricals and Engineering Company (PEEC) under the Issuer Not Cooperating (INC) category, with long-term bank facilities of Rs. 4.38 crore rated at CARE B-; Stable and short-term bank facilities of Rs. 9.75 crore at CARE A4. PEEC, a Kolkata-based partnership firm established in 1993 engaged in civil and electrical construction across West Bengal, Andaman, and other states, has failed to provide monitoring information despite repeated requests since March 2025.
8Jay Bee Laminations gets PGCIL approval for 765 kV CRGO cores; capacity at 23,340 MTPA in FY26
Jay Bee Laminations Limited, a manufacturer of CRGO silicon steel cores and transformers with three units in Noida and Greater Noida, shared its H2 and FY26 investor presentation highlighting current installed capacity of 23,340 MTPA for CRGO products and 1,000 MVA for transformers. The company received PGCIL approval for 765 kV class CRGO cores in 2026 and holds NABL accreditation. Founded in 1988, the company has exported to over 10 countries and crossed an annual revenue of Rs. 200 crore in FY24. Details
Daily Power Sector Tenders Excel update
May 19:
8Daily Excel covering new tenders and all published updates including corrigendum, amendment, addendum, clarification and status revisions, along with technical and financial bid opening, evaluation completion and final award actions including AOC and LOA issuance.
Click on Reports for more Details
Click on Reports for more Details
Download tenders and news clips
May 19:
For reference purposes the website carries here the following tenders:
8Tender for supply of 11 kV and 33 kV jointing kits of different sizes Details
8Tender for works for providing small and large new electricity connections Details
8Tender for repairing and maintenance work of H.T. L.T. lines Details
8Tender for repairing and maintenance work of H.T. L.T. lines and transformers etc. Details
8Tender for erection of electricity lines Details
8Tender for supply of 36kV copper XLPE power cable Details
8Tender for procurement of cast basalt pipe Details
8Tender for empanelment of contractors to award a contract for survey,33/11kV different capacity Details
8Tender for grouting and leakage channelisation work Details
8Tender for construction of HT line Details
8Tender for supply of three phase channel cross arm Details
8Tender for rebabbitting of journal bearing No 1 2 for 210MW KWU turbine Details
8Tender for biennial rate contract for works of online, preventive and breakdown maintenance of coal mills XRP-1003 and its associated auxiliaries Details
8Tender for fabrication dismantling erection strengthening modification of various chutes hoppers wagon tipplers belt conveyors crusher houses Details
8Tender for work of complete overhauling / breakdown maintenance of C.W pumps Details
8Tender for complete cleaning of ETP sump Details
8Tender for work of inspection & repairing of parting plate and tube leakage checking & attending of HP heaters Details
8Tender for AMC of TG and its aux. of unit Details
8Tender for construction of existing completely damaged at 66 kV S/Stn Details
8Tender for construction of front portion of repair of existing at 66kV S/Stn. Details
8Tender for augmentation of 66 kV substation Details
8Tender for providing additional 12.5/16 MVA, 66/11kV transformer Details
8Tender for construction of transformer plinth, tower foundations Details
8Tender for protection work of right bank Details
8Tender for services of emergency flood warning system Details
8Tender for protection work Details
8Tender for diversion of forest land for (15 MW) including Details
8Tender for procurement 22kV vertical type air break switches Details
8Tender for supply of 30kV 10KA lighting arrestor station Details
8Tender for repair to protection works downstream Details
8Tender for supply of strong acid cation resin Details
8Tender for supply of twin oil cooler for support bearing and main reducer lube oil system Details
8Tender for supply of chequered plate size 6mm Details
8Tender for repairing/ reconditioning/ overhauling of BFP cartridge assembly Details
8Tender for supply of screw conveyor assy., helix and hot air box for ball tube mills Details
8Tender for lumpsum amount on account of any exigency in maintaining project infrastructure/ water conductor Details
8Tender for protection of power house Details
8Tender for stage contract for executing the unforeseen repairs of the water conductor Details
8Tender for supply of ISI marked ACSR panther conductor Details
8Tender for supply of 30 V, 80 AH battery charging unit Details
8Tender for supply of 33 kV 1250 Amp outdoor type VCB with CT PT and CRP Details
8Tender for supply of 33 kV 3 pin type AB switch 630 Amp Details
8Tender for supply and AMC of battery operated platform trolley to various Details
8Tender for contract for coal sampling supervision witnessing Details
8Tender for operation, maintenance of 33/11 kV line, associated Details
8Tender for procurement of 50 sets of 11kV standalone complete set Details
8Tender for construction of new control room at 66kV S/Stn Details
8Tender for resurfacing of road inside substation, extension of road to 11kV yard Details
8Tender for operation and maintenance of fire protection system and operation of water supply pumps installed Details
8Tender for biennial service contract for cleaning and disposal of mill rejects Details
8Tender for exeuction of various structural Details
8Tender for procurement of conveyor-belt of different specifications required Details
8Tender for procurement of spares for boiler feed pump Details
8Tender for procurement of bottom ash and wet ash spares for overhauling Details
8Tender for annual maintenance contract of telephone exchange, telephone set and line Details
8Tender for service contract for miscellaneous maintenance job Details
8Tender for biennial civil maintenance and DI/CI/GI transmission and distribution water pipe line maintenance work Details
8Tender for annual rate contract for rotation and replacement of 300 NB MS ash slurry disposal line Details
8Tender for AMC of electrical maintenance of AHP, ESP, chimney and associated Details
8Tender for annual maintenance and technical services along with posting of personnel for maintenance, collection and monitoring Details
8Tender for O&M of 2x2 MW turbo generator sets and their auxiliaries Details
8Tender for laying of 11 kV ACS AL-59 Sqmm from 33/11 kV S/s Details
8Tender for supply of different ratio 11kV epoxy resin cast dry type C.T. accuracy class 0.2S. Details
8Tender for purchasing material used in replacement of defective parts Details
8Tender for purchasing material used in replacement of defective parts, repairing, testing and monthly maintanance of 11 kV breakers installed Details
8Tender for modification of existing single sealing 12 sectors rotary air pre heater Details
8Tender for supply of M.S bolt and nut 65x16 mm M.S bolt and nut Details
8Tender for running contract for loading / unloading of materials Details
8Tender for supply of 200 NB MS ERW pipe for fire protection system Details
8Tender for supply of miscellaneous and consumable items Details
8Tender for work of bottom ash hopper restrengthening and repairing in boilers Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Motilal Oswal sector of the week: Power; Acme Solar, JSW Energy top bets Details
8Sunstream Green Secures Rs. 700 Crore Refinancing For 250 MW+ Maharashtra Solar Portfolio Details
8June 2026 DCR Move Raises Questions Around Rooftop Solar Costs, Supply Details
8Infra Stock in Focus After Securing Rs 469 Crore Solar Project Order From Adani Group Details
8SLR Solar Launches 800-MW TOPCon Solar Module Manufacturing Facility in Rajasthan, Plans Expansion to 3 GW Details
8The Rise Of Integrated Solar Tech Ecosystems In India Details
8Green Energy And Utility Stocks See Broad Consolidation Amid Mixed Market Closing Details
8Bondada Engineering Secures Rs 469.52 Crore Orders from Adani Group Details
8Pace Digitek Limited Wins ?7.1 Billion Contract for 250 MW / 500 MWh BESS Project in Tamil Nadu Details
8KP Group Launches ‘India Ka Asli Power Play’ Campaign Details
8BEL, ELGI, JSW Energy: Technical Buys Face Valuation Test Details
8Avaada Group Crosses 17.7 GWp Renewable Energy Capacity Milestone Details
8India’s Leading Power Generation Company Sells 2.5 Crore Shares of JSW Steel Through Bulk Deal Details
8India Explores Private Investment Opportunities in Nuclear Sector with US Industry Delegation Details
8Punjab Govt Launches Underground Power Supply Project to Modernize Electricity Infrastructure Details
8India's SHANTI Act: Private Sector Entry Fuels Nuclear Growth Details
8Shehla Sadaf, Chief General Manager (Projects), Power Finance Corporation Limited Details
8PTC India appoints NHPC's Umesh Kumar Nand as Director Details
8NTPC Chairman Calls for Self-Reliant Nuclear Expansion as India Targets 100 GW Capacity by 2047 Details
8Top 6 Stocks to Watch as US Nuclear Delegation Visits India to Explore Opportunities Details
8CEA Finalizes Standard Transformer Specifications To Improve Power Distribution Efficiency Across India Details
8NTPC Chief cautions against dependence on single supplier for nuclear technology Details
8PFC board clears REC merger proposal, to seek President's approval for REC absorption Details
8NTPC Surpasses 90 GW Capacity with Latest Unit in Patratu Details
8JPPOWER.NS Stock Surges 6.7% as Power Demand Lifts Utilities Sector Details
8Bhagwant Mann: State Aims to Become First in India With Large-Scale Underground Electricity Network Details
You can also click on Newsclips for more Details
8Tender for supply of 11 kV and 33 kV jointing kits of different sizes Details
8Tender for works for providing small and large new electricity connections Details
8Tender for repairing and maintenance work of H.T. L.T. lines Details
8Tender for repairing and maintenance work of H.T. L.T. lines and transformers etc. Details
8Tender for erection of electricity lines Details
8Tender for supply of 36kV copper XLPE power cable Details
8Tender for procurement of cast basalt pipe Details
8Tender for empanelment of contractors to award a contract for survey,33/11kV different capacity Details
8Tender for grouting and leakage channelisation work Details
8Tender for construction of HT line Details
8Tender for supply of three phase channel cross arm Details
8Tender for rebabbitting of journal bearing No 1 2 for 210MW KWU turbine Details
8Tender for biennial rate contract for works of online, preventive and breakdown maintenance of coal mills XRP-1003 and its associated auxiliaries Details
8Tender for fabrication dismantling erection strengthening modification of various chutes hoppers wagon tipplers belt conveyors crusher houses Details
8Tender for work of complete overhauling / breakdown maintenance of C.W pumps Details
8Tender for complete cleaning of ETP sump Details
8Tender for work of inspection & repairing of parting plate and tube leakage checking & attending of HP heaters Details
8Tender for AMC of TG and its aux. of unit Details
8Tender for construction of existing completely damaged at 66 kV S/Stn Details
8Tender for construction of front portion of repair of existing at 66kV S/Stn. Details
8Tender for augmentation of 66 kV substation Details
8Tender for providing additional 12.5/16 MVA, 66/11kV transformer Details
8Tender for construction of transformer plinth, tower foundations Details
8Tender for protection work of right bank Details
8Tender for services of emergency flood warning system Details
8Tender for protection work Details
8Tender for diversion of forest land for (15 MW) including Details
8Tender for procurement 22kV vertical type air break switches Details
8Tender for supply of 30kV 10KA lighting arrestor station Details
8Tender for repair to protection works downstream Details
8Tender for supply of strong acid cation resin Details
8Tender for supply of twin oil cooler for support bearing and main reducer lube oil system Details
8Tender for supply of chequered plate size 6mm Details
8Tender for repairing/ reconditioning/ overhauling of BFP cartridge assembly Details
8Tender for supply of screw conveyor assy., helix and hot air box for ball tube mills Details
8Tender for lumpsum amount on account of any exigency in maintaining project infrastructure/ water conductor Details
8Tender for protection of power house Details
8Tender for stage contract for executing the unforeseen repairs of the water conductor Details
8Tender for supply of ISI marked ACSR panther conductor Details
8Tender for supply of 30 V, 80 AH battery charging unit Details
8Tender for supply of 33 kV 1250 Amp outdoor type VCB with CT PT and CRP Details
8Tender for supply of 33 kV 3 pin type AB switch 630 Amp Details
8Tender for supply and AMC of battery operated platform trolley to various Details
8Tender for contract for coal sampling supervision witnessing Details
8Tender for operation, maintenance of 33/11 kV line, associated Details
8Tender for procurement of 50 sets of 11kV standalone complete set Details
8Tender for construction of new control room at 66kV S/Stn Details
8Tender for resurfacing of road inside substation, extension of road to 11kV yard Details
8Tender for operation and maintenance of fire protection system and operation of water supply pumps installed Details
8Tender for biennial service contract for cleaning and disposal of mill rejects Details
8Tender for exeuction of various structural Details
8Tender for procurement of conveyor-belt of different specifications required Details
8Tender for procurement of spares for boiler feed pump Details
8Tender for procurement of bottom ash and wet ash spares for overhauling Details
8Tender for annual maintenance contract of telephone exchange, telephone set and line Details
8Tender for service contract for miscellaneous maintenance job Details
8Tender for biennial civil maintenance and DI/CI/GI transmission and distribution water pipe line maintenance work Details
8Tender for annual rate contract for rotation and replacement of 300 NB MS ash slurry disposal line Details
8Tender for AMC of electrical maintenance of AHP, ESP, chimney and associated Details
8Tender for annual maintenance and technical services along with posting of personnel for maintenance, collection and monitoring Details
8Tender for O&M of 2x2 MW turbo generator sets and their auxiliaries Details
8Tender for laying of 11 kV ACS AL-59 Sqmm from 33/11 kV S/s Details
8Tender for supply of different ratio 11kV epoxy resin cast dry type C.T. accuracy class 0.2S. Details
8Tender for purchasing material used in replacement of defective parts Details
8Tender for purchasing material used in replacement of defective parts, repairing, testing and monthly maintanance of 11 kV breakers installed Details
8Tender for modification of existing single sealing 12 sectors rotary air pre heater Details
8Tender for supply of M.S bolt and nut 65x16 mm M.S bolt and nut Details
8Tender for running contract for loading / unloading of materials Details
8Tender for supply of 200 NB MS ERW pipe for fire protection system Details
8Tender for supply of miscellaneous and consumable items Details
8Tender for work of bottom ash hopper restrengthening and repairing in boilers Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Motilal Oswal sector of the week: Power; Acme Solar, JSW Energy top bets Details
8Sunstream Green Secures Rs. 700 Crore Refinancing For 250 MW+ Maharashtra Solar Portfolio Details
8June 2026 DCR Move Raises Questions Around Rooftop Solar Costs, Supply Details
8Infra Stock in Focus After Securing Rs 469 Crore Solar Project Order From Adani Group Details
8SLR Solar Launches 800-MW TOPCon Solar Module Manufacturing Facility in Rajasthan, Plans Expansion to 3 GW Details
8The Rise Of Integrated Solar Tech Ecosystems In India Details
8Green Energy And Utility Stocks See Broad Consolidation Amid Mixed Market Closing Details
8Bondada Engineering Secures Rs 469.52 Crore Orders from Adani Group Details
8Pace Digitek Limited Wins ?7.1 Billion Contract for 250 MW / 500 MWh BESS Project in Tamil Nadu Details
8KP Group Launches ‘India Ka Asli Power Play’ Campaign Details
8BEL, ELGI, JSW Energy: Technical Buys Face Valuation Test Details
8Avaada Group Crosses 17.7 GWp Renewable Energy Capacity Milestone Details
8India’s Leading Power Generation Company Sells 2.5 Crore Shares of JSW Steel Through Bulk Deal Details
8India Explores Private Investment Opportunities in Nuclear Sector with US Industry Delegation Details
8Punjab Govt Launches Underground Power Supply Project to Modernize Electricity Infrastructure Details
8India's SHANTI Act: Private Sector Entry Fuels Nuclear Growth Details
8Shehla Sadaf, Chief General Manager (Projects), Power Finance Corporation Limited Details
8PTC India appoints NHPC's Umesh Kumar Nand as Director Details
8NTPC Chairman Calls for Self-Reliant Nuclear Expansion as India Targets 100 GW Capacity by 2047 Details
8Top 6 Stocks to Watch as US Nuclear Delegation Visits India to Explore Opportunities Details
8CEA Finalizes Standard Transformer Specifications To Improve Power Distribution Efficiency Across India Details
8NTPC Chief cautions against dependence on single supplier for nuclear technology Details
8PFC board clears REC merger proposal, to seek President's approval for REC absorption Details
8NTPC Surpasses 90 GW Capacity with Latest Unit in Patratu Details
8JPPOWER.NS Stock Surges 6.7% as Power Demand Lifts Utilities Sector Details
8Bhagwant Mann: State Aims to Become First in India With Large-Scale Underground Electricity Network Details
You can also click on Newsclips for more Details
Uttarakhand BESS tenders complete technical evaluation
May 18:
8Capacity-charge storage tender signals changing risk allocation in utility-scale BESS procurement
A new battery energy storage procurement is highlighting how utilities are increasingly shifting long-term operational and performance accountability onto private developers rather than limiting contracts to asset installation alone. The structure appears to favour technically prepared participants capable of managing lifecycle execution and availability commitments under a capacity-charge framework.
836 MW/90 MWh BESS race narrows to three players after technical scrutiny
A distributed battery-storage procurement has moved into a tighter competitive phase after technical evaluation reduced the field to three qualified participants. Attention now shifts toward pricing discipline, degradation management, and long-term availability commitments under the storage framework.
8Rs 206 crore BESS cluster narrows to three bidders after technical screening
A utility-scale battery storage cluster has crossed the first major qualification stage, but the deeper contest now lies within the project’s risk structure. Revised site configurations, stringent availability obligations, and a reduced bidder field have materially altered the competitive landscape. Details
A new battery energy storage procurement is highlighting how utilities are increasingly shifting long-term operational and performance accountability onto private developers rather than limiting contracts to asset installation alone. The structure appears to favour technically prepared participants capable of managing lifecycle execution and availability commitments under a capacity-charge framework.
836 MW/90 MWh BESS race narrows to three players after technical scrutiny
A distributed battery-storage procurement has moved into a tighter competitive phase after technical evaluation reduced the field to three qualified participants. Attention now shifts toward pricing discipline, degradation management, and long-term availability commitments under the storage framework.
8Rs 206 crore BESS cluster narrows to three bidders after technical screening
A utility-scale battery storage cluster has crossed the first major qualification stage, but the deeper contest now lies within the project’s risk structure. Revised site configurations, stringent availability obligations, and a reduced bidder field have materially altered the competitive landscape. Details
Rs 1,035 crore mining award exposes widening pricing divide in excavation race
May 18:
8A sharply discounted lead offer has altered the pricing curve in a major mining-services award, highlighting increasingly divergent contractor views on execution exposure and operational risk.
8The spread among the top bidders reveals far more about market confidence and cost assumptions than the headline contract value alone. Details
8The spread among the top bidders reveals far more about market confidence and cost assumptions than the headline contract value alone. Details
Rs 1,396 crore mining award sees aggressive bid clustering as EPC rivalry intensifies
May 18:
8A tightly packed bid spread in a major outsourced mining package is revealing a deeper shift inside the coal excavation market. Infrastructure EPC firms are increasingly competing head-on with specialist mining contractors for large production-linked contracts.
Details
Rs 253 crore mining-services award highlights tightening competition in integrated excavation contracts
May 18:
8A large mining-services package has been awarded below the estimated project value, but the narrower pricing spread points to a far more disciplined competitive environment than headline numbers suggest.
8The contract combines overburden removal, coal extraction, and associated handling operations within a single execution framework. Details
8The contract combines overburden removal, coal extraction, and associated handling operations within a single execution framework. Details
Rs 121 crore reactor award shifts focus from pricing to execution capability
May 18:
8A high-voltage reactor procurement package has closed at Rs 121 crore, but the tighter signal lies in the complexity of execution rather than headline pricing.
8The scope extends beyond equipment supply into GIS integration, seismic compliance, and transmission-route interface exposure. Details
8The scope extends beyond equipment supply into GIS integration, seismic compliance, and transmission-route interface exposure. Details
Tripura smart-grid packages complete financial bidding
May 18:
8Rs 445 crore L1 emerges in underground smart-grid package after technical filter
A large urban underground distribution package has produced a tightly priced L1 outcome, while the broader bidder spread reveals differing contractor assessments of smart-grid integration complexity, municipal execution exposure, and underground cabling risks.
8Rs 763 crore smart-grid race exposes widening EPC risk divide in urban utility modernisation
A major smart-grid and underground distribution package has revealed sharply divergent EPC pricing strategies around integrated utility digitisation and execution exposure. While one bidder stayed relatively aligned with the owner’s estimate, another built substantial contingency loading into its commercial approach.
8Smart-grid package moves into financial stage after aggressive technical filtration
A major underground cabling and smart-grid package has significantly narrowed the bidder field ahead of financial opening, highlighting a qualification approach that appears to prioritise integrated infrastructure execution capability over conventional utility contracting depth. Details
A large urban underground distribution package has produced a tightly priced L1 outcome, while the broader bidder spread reveals differing contractor assessments of smart-grid integration complexity, municipal execution exposure, and underground cabling risks.
8Rs 763 crore smart-grid race exposes widening EPC risk divide in urban utility modernisation
A major smart-grid and underground distribution package has revealed sharply divergent EPC pricing strategies around integrated utility digitisation and execution exposure. While one bidder stayed relatively aligned with the owner’s estimate, another built substantial contingency loading into its commercial approach.
8Smart-grid package moves into financial stage after aggressive technical filtration
A major underground cabling and smart-grid package has significantly narrowed the bidder field ahead of financial opening, highlighting a qualification approach that appears to prioritise integrated infrastructure execution capability over conventional utility contracting depth. Details
NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES
May 18:
COAL PRODUCTION & OFFTAKE
8PSPCL Guru Gobind Singh Super Thermal Plant Rupnagar recycles 1,64,512 MT pond ash in March 2026; roads sector gets 1,17,395 MT
Punjab State Power Corporation Limited's Guru Gobind Singh Super Thermal Plant Rupnagar (840 MW) reported its ash utilisation data for March 2026: total ash generated was 70,313.30 MT (DFA 48,843.56 MT + Bottom Ash 21,469.74 MT), with grand total ash utilised at 1,64,512 MT from pond ash and 48,844 MT dry ESP fly ash. Cumulative FY 2025-26 utilisation reached 22,79,277 MT. Cement industries received 45,644 MT dry fly ash in March and 6,09,176.38 MT cumulatively in FY26, while road construction received 1,17,395 MT pond ash.
8GGSSTP Rupnagar records 60,321 MT ash generation in April 2026; cement industry receives 46,381 MT dry fly ash in FY27 opening month
PSPCL's Guru Gobind Singh Super Thermal Plant Rupnagar (840 MW) reported April 2026 ash generation of 60,321.19 MT total (DFA 49,881.82 MT + Bottom Ash 10,439.37 MT). Grand total utilisation for the month was 1,01,643.58 MT — cement industries received 46,381.58 MT dry fly ash and 10,030.16 MT pond ash, road construction received 62,944.42 MT pond ash, and bricks/blocks/tiles industries received 3,500.24 MT dry ash and 28,669 MT pond ash. Ash dyke pond availability stands at 81.53 lakh MT. Details
8PSPCL Guru Gobind Singh Super Thermal Plant Rupnagar recycles 1,64,512 MT pond ash in March 2026; roads sector gets 1,17,395 MT
Punjab State Power Corporation Limited's Guru Gobind Singh Super Thermal Plant Rupnagar (840 MW) reported its ash utilisation data for March 2026: total ash generated was 70,313.30 MT (DFA 48,843.56 MT + Bottom Ash 21,469.74 MT), with grand total ash utilised at 1,64,512 MT from pond ash and 48,844 MT dry ESP fly ash. Cumulative FY 2025-26 utilisation reached 22,79,277 MT. Cement industries received 45,644 MT dry fly ash in March and 6,09,176.38 MT cumulatively in FY26, while road construction received 1,17,395 MT pond ash.
8GGSSTP Rupnagar records 60,321 MT ash generation in April 2026; cement industry receives 46,381 MT dry fly ash in FY27 opening month
PSPCL's Guru Gobind Singh Super Thermal Plant Rupnagar (840 MW) reported April 2026 ash generation of 60,321.19 MT total (DFA 49,881.82 MT + Bottom Ash 10,439.37 MT). Grand total utilisation for the month was 1,01,643.58 MT — cement industries received 46,381.58 MT dry fly ash and 10,030.16 MT pond ash, road construction received 62,944.42 MT pond ash, and bricks/blocks/tiles industries received 3,500.24 MT dry ash and 28,669 MT pond ash. Ash dyke pond availability stands at 81.53 lakh MT. Details
NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY
May 18:
PEAK DEMAND & GRID FREQUENCY
8Grid-India NLDC reports all-India peak demand of 247,403 MW on May 15; RES contributes 17% of 5,897 MU gross generation
National Load Despatch Centre reported All-India peak demand of 247,403 MW at 15:30 hrs on May 15, 2026, with total energy met at 5,423 MU across five regions. The Northern Region alone served 73,813 MW during evening peak while Western Region led with 78,570 MW maximum demand. Coal dominated generation at 69% (4,063 MU), while renewables contributed 989 MU representing 16.76% of total gross generation. India exported 27.30 MU to Nepal and Bangladesh while importing 9.62 MU from Bhutan.
8Grid-India NLDC reports all-India peak demand met of 238,406 MW and energy met of 5,332 MU on May 17
Grid Controller of India's NLDC daily PSP report covered the all-India power system for May 17, 2026. Evening peak demand met across regions totalled 229,166 MW, while maximum demand met during the day reached 238,406 MW. Energy met was 5,332 MU, with hydro generation at 463 MU, wind at 234 MU and solar at 661 MU. All-India energy shortage was 3.30 MU, while peak shortage was 0 MW across all five regions, reflecting overall stable grid performance.
8Grid-India Eastern Region peaks at 32,373 MW on May 17; delivers 680.48 MU amid 0.76 MU deficit
Grid Controller of India reported that the Eastern Region met an evening peak demand of 30,287 MW on May 17, 2026 with zero shortage, while the region's maximum demand for the day reached 32,373 MW at 23:21 hours. Day energy consumption stood at 680.48 MU against a generation of 681.24 MU, leaving a marginal deficit of 0.76 MU, with Bihar recording its highest demand of 8,330 MW at 22:17 hours. West Bengal continued to lead state-wise consumption.
8Grid-India WRLDC serves 71,028 MW evening peak on May 16 with 1,746 MU day energy and zero shortage
Grid Controller of India's Western Regional Load Despatch Centre reported that the Western Region cleared a peak evening demand of 71,028 MW at 50.1 Hz and off-peak demand of 70,599 MW on May 16, 2026, with total day energy of 1,746.1 MU and zero shortage. Maharashtra led state-wise consumption at 686.5 MU, followed by Madhya Pradesh at 327.9 MU and Gujarat at 524.6 MU, while the region's net total generation reached 1,018.6 MU from thermal, hydro, gas, wind and solar combined.
8Grid-India NRLDC faces 255 MW evening peak shortage on May 15; day energy hits 1,600 MU as Northern Region serves 74,068 MW
Grid Controller of India's Northern Regional Load Despatch Centre reported a 255 MW shortage during the 20:00 evening peak on May 15, 2026 against a requirement of 74,068 MW, with day energy consumption reaching 1,600 MU. Uttar Pradesh was the largest state consumer at 542.18 MU, while Rajasthan generated 254.72 MU through its state plants. The overall Northern Region generation stood at 816.89 MU with an actual drawal of 783.51 MU against scheduled 796.92 MU.
8NLDC frequency report May 16: Average dips to 49.971 Hz; grid below 49.7 Hz for 2.16% — tightest deficit of week
Grid Controller of India's NLDC frequency report for May 16, 2026 reveals a notable deterioration from Friday's levels: average frequency fell to 49.971 Hz with FVI of 0.0855, and the grid dipped below 49.7 Hz for 2.16% of the day, the most significant under-frequency incidence of the reporting week. The grid operated outside the IEGC band of 49.9-50.05 Hz for 26.98% of the day. Instantaneous frequency touched 49.50 Hz during some periods, indicating demand-supply stress.
8Grid-India SRLDC: Southern Region meets 55,985 MW peak demand on May 15 — zero shortage reported across all six states
Grid Controller of India Limited's Southern Regional Load Despatch Centre recorded a flawless power supply day on May 15, 2026, with the evening peak demand of 55,985 MW fully met and the region's maximum demand touching 66,753 MW at 12:02 hrs. Tamil Nadu led with 18,485 MW peak demand while Kudankulam nuclear plant delivered 45.78 MU. Total renewable generation crossed 213 MU, wind contributing 83.64 MU and solar 129.3 MU, with no load curtailment reported across all six southern states.
OCC MEETINGS & OUTAGE PLANNING
8WRPC 602nd OCC minutes record March peak demand of 78,712 MW with zero western region shortfall and 6,816 MU export
Western Regional Power Committee held the 602nd OCC meeting on April 24, 2026 at NHPTL, Bina. For March 2026, WRPC recorded maximum regional demand of 78,712 MW and peak shortfall of 0 MW. Net actual energy supplied was 49,815 MU against a requirement of 49,824 MU, leaving only 9 MU shortfall. The western region exported 6,816 MU to other regions against a scheduled export of 7,155 MU, demonstrating strong regional generation surplus management during peak summer demand.
8WRPC 603rd OCC agenda flags April demand at 81,355 MW and 9,436 MU inter-regional export; meeting on May 22 in Mumbai
WRPC scheduled the 603rd OCC meeting for May 22, 2026 at 10:00 hrs in Mumbai. The April 2026 review shows western region maximum demand at 81,355 MW with 0 MW peak shortfall. Net actual energy supplied was 50,063 MU against a requirement of 50,084 MU, leaving 20 MU shortfall. The region exported 9,436 MU against a net export schedule of 9,708 MU. The agenda includes review of inter-regional flows, transmission outages and outage scheduling for the western grid.
8POWERGRID dominates 243rd OCC outage plan as 1,187 requests cover 765 kV, 400 kV and HVDC assets
The 243rd OCC approved outage programme features a large multi-utility shutdown schedule led by POWERGRID, NTPC, THDC, ATIL and BKTL. Key entries include THDC's 250 MW Tehri HPS Unit 4 annual maintenance from June 2 to June 26, 2026. POWERGRID's 765 kV Fatehpur-Sasaram and 400 kV Allahabad-Sasaram lines appear repeatedly for OPGW, PID, insulator and rectification works. The document also includes HVDC Mahindergarh Pole-1 and Pole-2 outages linked to 765 kV D/C KPS-2 Halvad crossing work.
8WRPC 14th ISTS meeting reviews March 2026 trippings and 200 TLAs on POWERGRID Vindhyachal-Satna lines
The 14th ISTS Licensee meeting was held on April 27, 2026 in Mumbai under WRPC chairmanship. POWERGRID WR-II reported outages between March 9 and March 18, 2026 for installing 200 Transmission Line Arresters. The work was linked to 400 kV Vindhyachal-Satna Line-1 and Line-2 to reduce lightning-related trippings. The meeting also reviewed differential relay retrofitting, LBB relay status, spare details, harmonic measurements and 220 kV Vapi-II revival across western region transmission licensees.
REGIONAL ENERGY ACCOUNT
8WRPC December 2025 REA lists VSTPS-I capacity at 1,260 MW and monthly DC of 838.08 million kWh
Western Regional Power Committee's December 2025 regional energy account covers VSTPS-I with a capacity of 1,260 MW. The entitlement table shows total monthly declared capacity of 838,084,514 kWh. Cumulative FY declared capacity reached 7,002,834,893 kWh across beneficiaries. Major beneficiaries include GEB, MPSEB, MSEB, Goa, DNHDDPDCL, TSTRANSCO, Bangladesh and HVDC-linked accounts. The REA serves as the basis for energy accounting and settlement among western region entities.
8WRPC revises April 2026 nuclear and hydro REA using WRLDC meter data for April 27 to May 3 week
Western Regional Power Committee issued Revision-2 of the April 2026 Regional Energy Account for nuclear and hydro stations. The revision was based on WRLDC meter data for the week from April 27, 2026 to May 3, 2026. The document includes beneficiary-wise energy accounting, with totals such as 289,367,424 and 852,489,745 appearing in the REA schedules. Companies and beneficiaries include GUVNL, GETCO, MP Power Trading, CSPDCL, MSEDCL and nuclear/hydro station stakeholders.
8ERPC issues April 2026 SCED settlement account with 0.04% daily delay interest clause for generators
Eastern Regional Power Committee released the SCED settlement account for April 1 to April 30, 2026. The account was prepared under CERC's January 31, 2019 suo motu order and the approved SCED detailed procedure. SCED generators must pay or receive charges within 7/10 working days of the weekly statement. Any delay attracts simple interest of 0.04% per day, with observations allowed within a fortnight. The settlement supports security-constrained economic dispatch operations across the eastern region.
TRANSMISSION LINE ENERGIZATION
8Grid Controller of India reports 3.64% all-India transmission loss for week of May 18-24; weekly injection 17,482.95 MU
Grid Controller of India Limited, through its National Load Despatch Centre, announced an All-India Transmission Loss of 3.64% for the period May 18-24, 2026. The computation is based on a previous week's total injection of 17,482.95 Million Units into the Inter-State Transmission System against a drawal of 16,871.70 MU, with exempted Renewable Energy injection of 704.53 MU. The calculation follows CERC Sharing of Inter-State Transmission Charges and Losses Regulations, 2020, effective from November 1, 2020. Details
8Grid-India NLDC reports all-India peak demand of 247,403 MW on May 15; RES contributes 17% of 5,897 MU gross generation
National Load Despatch Centre reported All-India peak demand of 247,403 MW at 15:30 hrs on May 15, 2026, with total energy met at 5,423 MU across five regions. The Northern Region alone served 73,813 MW during evening peak while Western Region led with 78,570 MW maximum demand. Coal dominated generation at 69% (4,063 MU), while renewables contributed 989 MU representing 16.76% of total gross generation. India exported 27.30 MU to Nepal and Bangladesh while importing 9.62 MU from Bhutan.
8Grid-India NLDC reports all-India peak demand met of 238,406 MW and energy met of 5,332 MU on May 17
Grid Controller of India's NLDC daily PSP report covered the all-India power system for May 17, 2026. Evening peak demand met across regions totalled 229,166 MW, while maximum demand met during the day reached 238,406 MW. Energy met was 5,332 MU, with hydro generation at 463 MU, wind at 234 MU and solar at 661 MU. All-India energy shortage was 3.30 MU, while peak shortage was 0 MW across all five regions, reflecting overall stable grid performance.
8Grid-India Eastern Region peaks at 32,373 MW on May 17; delivers 680.48 MU amid 0.76 MU deficit
Grid Controller of India reported that the Eastern Region met an evening peak demand of 30,287 MW on May 17, 2026 with zero shortage, while the region's maximum demand for the day reached 32,373 MW at 23:21 hours. Day energy consumption stood at 680.48 MU against a generation of 681.24 MU, leaving a marginal deficit of 0.76 MU, with Bihar recording its highest demand of 8,330 MW at 22:17 hours. West Bengal continued to lead state-wise consumption.
8Grid-India WRLDC serves 71,028 MW evening peak on May 16 with 1,746 MU day energy and zero shortage
Grid Controller of India's Western Regional Load Despatch Centre reported that the Western Region cleared a peak evening demand of 71,028 MW at 50.1 Hz and off-peak demand of 70,599 MW on May 16, 2026, with total day energy of 1,746.1 MU and zero shortage. Maharashtra led state-wise consumption at 686.5 MU, followed by Madhya Pradesh at 327.9 MU and Gujarat at 524.6 MU, while the region's net total generation reached 1,018.6 MU from thermal, hydro, gas, wind and solar combined.
8Grid-India NRLDC faces 255 MW evening peak shortage on May 15; day energy hits 1,600 MU as Northern Region serves 74,068 MW
Grid Controller of India's Northern Regional Load Despatch Centre reported a 255 MW shortage during the 20:00 evening peak on May 15, 2026 against a requirement of 74,068 MW, with day energy consumption reaching 1,600 MU. Uttar Pradesh was the largest state consumer at 542.18 MU, while Rajasthan generated 254.72 MU through its state plants. The overall Northern Region generation stood at 816.89 MU with an actual drawal of 783.51 MU against scheduled 796.92 MU.
8NLDC frequency report May 16: Average dips to 49.971 Hz; grid below 49.7 Hz for 2.16% — tightest deficit of week
Grid Controller of India's NLDC frequency report for May 16, 2026 reveals a notable deterioration from Friday's levels: average frequency fell to 49.971 Hz with FVI of 0.0855, and the grid dipped below 49.7 Hz for 2.16% of the day, the most significant under-frequency incidence of the reporting week. The grid operated outside the IEGC band of 49.9-50.05 Hz for 26.98% of the day. Instantaneous frequency touched 49.50 Hz during some periods, indicating demand-supply stress.
8Grid-India SRLDC: Southern Region meets 55,985 MW peak demand on May 15 — zero shortage reported across all six states
Grid Controller of India Limited's Southern Regional Load Despatch Centre recorded a flawless power supply day on May 15, 2026, with the evening peak demand of 55,985 MW fully met and the region's maximum demand touching 66,753 MW at 12:02 hrs. Tamil Nadu led with 18,485 MW peak demand while Kudankulam nuclear plant delivered 45.78 MU. Total renewable generation crossed 213 MU, wind contributing 83.64 MU and solar 129.3 MU, with no load curtailment reported across all six southern states.
OCC MEETINGS & OUTAGE PLANNING
8WRPC 602nd OCC minutes record March peak demand of 78,712 MW with zero western region shortfall and 6,816 MU export
Western Regional Power Committee held the 602nd OCC meeting on April 24, 2026 at NHPTL, Bina. For March 2026, WRPC recorded maximum regional demand of 78,712 MW and peak shortfall of 0 MW. Net actual energy supplied was 49,815 MU against a requirement of 49,824 MU, leaving only 9 MU shortfall. The western region exported 6,816 MU to other regions against a scheduled export of 7,155 MU, demonstrating strong regional generation surplus management during peak summer demand.
8WRPC 603rd OCC agenda flags April demand at 81,355 MW and 9,436 MU inter-regional export; meeting on May 22 in Mumbai
WRPC scheduled the 603rd OCC meeting for May 22, 2026 at 10:00 hrs in Mumbai. The April 2026 review shows western region maximum demand at 81,355 MW with 0 MW peak shortfall. Net actual energy supplied was 50,063 MU against a requirement of 50,084 MU, leaving 20 MU shortfall. The region exported 9,436 MU against a net export schedule of 9,708 MU. The agenda includes review of inter-regional flows, transmission outages and outage scheduling for the western grid.
8POWERGRID dominates 243rd OCC outage plan as 1,187 requests cover 765 kV, 400 kV and HVDC assets
The 243rd OCC approved outage programme features a large multi-utility shutdown schedule led by POWERGRID, NTPC, THDC, ATIL and BKTL. Key entries include THDC's 250 MW Tehri HPS Unit 4 annual maintenance from June 2 to June 26, 2026. POWERGRID's 765 kV Fatehpur-Sasaram and 400 kV Allahabad-Sasaram lines appear repeatedly for OPGW, PID, insulator and rectification works. The document also includes HVDC Mahindergarh Pole-1 and Pole-2 outages linked to 765 kV D/C KPS-2 Halvad crossing work.
8WRPC 14th ISTS meeting reviews March 2026 trippings and 200 TLAs on POWERGRID Vindhyachal-Satna lines
The 14th ISTS Licensee meeting was held on April 27, 2026 in Mumbai under WRPC chairmanship. POWERGRID WR-II reported outages between March 9 and March 18, 2026 for installing 200 Transmission Line Arresters. The work was linked to 400 kV Vindhyachal-Satna Line-1 and Line-2 to reduce lightning-related trippings. The meeting also reviewed differential relay retrofitting, LBB relay status, spare details, harmonic measurements and 220 kV Vapi-II revival across western region transmission licensees.
REGIONAL ENERGY ACCOUNT
8WRPC December 2025 REA lists VSTPS-I capacity at 1,260 MW and monthly DC of 838.08 million kWh
Western Regional Power Committee's December 2025 regional energy account covers VSTPS-I with a capacity of 1,260 MW. The entitlement table shows total monthly declared capacity of 838,084,514 kWh. Cumulative FY declared capacity reached 7,002,834,893 kWh across beneficiaries. Major beneficiaries include GEB, MPSEB, MSEB, Goa, DNHDDPDCL, TSTRANSCO, Bangladesh and HVDC-linked accounts. The REA serves as the basis for energy accounting and settlement among western region entities.
8WRPC revises April 2026 nuclear and hydro REA using WRLDC meter data for April 27 to May 3 week
Western Regional Power Committee issued Revision-2 of the April 2026 Regional Energy Account for nuclear and hydro stations. The revision was based on WRLDC meter data for the week from April 27, 2026 to May 3, 2026. The document includes beneficiary-wise energy accounting, with totals such as 289,367,424 and 852,489,745 appearing in the REA schedules. Companies and beneficiaries include GUVNL, GETCO, MP Power Trading, CSPDCL, MSEDCL and nuclear/hydro station stakeholders.
8ERPC issues April 2026 SCED settlement account with 0.04% daily delay interest clause for generators
Eastern Regional Power Committee released the SCED settlement account for April 1 to April 30, 2026. The account was prepared under CERC's January 31, 2019 suo motu order and the approved SCED detailed procedure. SCED generators must pay or receive charges within 7/10 working days of the weekly statement. Any delay attracts simple interest of 0.04% per day, with observations allowed within a fortnight. The settlement supports security-constrained economic dispatch operations across the eastern region.
TRANSMISSION LINE ENERGIZATION
8Grid Controller of India reports 3.64% all-India transmission loss for week of May 18-24; weekly injection 17,482.95 MU
Grid Controller of India Limited, through its National Load Despatch Centre, announced an All-India Transmission Loss of 3.64% for the period May 18-24, 2026. The computation is based on a previous week's total injection of 17,482.95 Million Units into the Inter-State Transmission System against a drawal of 16,871.70 MU, with exempted Renewable Energy injection of 704.53 MU. The calculation follows CERC Sharing of Inter-State Transmission Charges and Losses Regulations, 2020, effective from November 1, 2020. Details
NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS
May 18:
CEA & GRID STANDARDS
8CEA and AIDA release standard technical specs for CRGO core distribution transformers; India has 1.82 crore DTs with 9.44 lakh MVA capacity
The Central Electricity Authority, through its Distribution Planning & Technology Division, released standardised technical specifications for Single-Phase and Three-Phase CRGO Core Distribution Transformers (Part-I) on May 14, 2026, developed by an AIDA Committee with representation from CEA, DISCOMs, IEEMA and ISGF. The document highlights that India currently has approximately 1.82 crore Distribution Transformers installed with a total transformation capacity exceeding 9.44 Lakh MVA, the largest single equipment group in the distribution network.
8GERC drafts new Gujarat Electricity Grid Code 2026 superseding 2013 regulations to govern 66 kV+ operations and renewable integration
The Gujarat Electricity Regulatory Commission released the Draft Gujarat Electricity Grid Code 2026, a comprehensive overhaul of grid operation standards that will supersede the existing Gujarat Electricity Grid Code, 2013. Drafted under Sections 181, 39, 40, 42 and 86(1-h) of the Electricity Act, 2003, the new code sets rules for all participants in Gujarat's power system, including generation, transmission and distribution entities, covering Extra High Voltage systems of 66 kV and above, while incorporating frameworks for Battery Energy Storage Systems, Renewable Energy integration and cybersecurity through CERT standards.
MINISTRY OF POWER
8POWERGRID Independent Director Sajal Jha completes tenure on May 15, 2026 after Ministry of Power appointment
Power Grid Corporation of India Limited informed exchanges on May 16, 2026 that the tenure of Smt. Sajal Jha (DIN: 09402663) as Non-Official Independent Director has concluded on May 15, 2026, as per the Ministry of Power order dated May 16, 2025. She has accordingly ceased to be a member of POWERGRID's board from that date. The company trades on NSE as POWERGRID and BSE under code 532898 with ISIN INE752E01010, with the directorial change reported under SEBI LODR Regulations.
8POWERGRID promotes three CGMs Jiten Das, Rajiv Gandhi and Sanjay Kumar Gupta to Executive Director level from May 15
Power Grid Corporation of India Limited disclosed on May 16, 2026 that three Chief General Managers have been elevated to Executive Director (one level below the Board), effective May 15, 2026. Shri Jiten Das brings over three decades of experience in AC/DC substation management, Shri Rajiv Gandhi has expertise in transmission line engineering with a PGDM from MDI, and Shri Sanjay Kumar Gupta has been similarly promoted as per service rules. The promotions strengthen POWERGRID's leadership bench in transmission operations.
MNRE & BEE
8APSPDCL submits Q4 FY 2025-26 energy accounting data to BEE under EC Act 2001 mandate; CMD L. Siva Sankar heads Tirupati DISCOM
Southern Power Distribution Company of Andhra Pradesh Limited, established in 2000 and headquartered in Tirupati, submitted its Q4 FY 2025-26 Energy Accounting data to the Bureau of Energy Efficiency as mandated under the EC Act, 2001 gazette notification of October 7, 2021. The structured data, covering energy flows, distribution losses, and technical parameters for the period January 1 to March 31, 2026, was prepared by Energy Auditor P. Lokeswara Reddy (Registration No. EA-10877) and submitted under the leadership of CMD Sri L. Siva Sankar.
8APSPDCL files Q4 energy audit report for January to March 2026 with BEE Director under EC Act 2001 mandate for DISCOMs
Southern Power Distribution Company of Andhra Pradesh Limited formally submitted its Periodic Energy Accounting Report for Q4 of FY 2025-26 (January 1 to March 31, 2026) to Sri Milind Deore, Director, Bureau of Energy Efficiency, 4th Floor, Sewa Bhawan, R.K. Puram, New Delhi. The submission, under CGM/EC/APSPDCL reference, follows BEE's October 2021 gazette notification mandating periodic energy accounting for all electricity Distribution Companies under the Energy Conservation Act, 2001, with Chief General Manager K. Audiseshaiah as Nodal Officer.
TENDERS & PROCUREMENT (GeM/NIT)
8HESCOM invites Expressions of Interest from Practising Company Secretaries for Secretarial Audit of FY 2025-26 and 2026-27
Hubli Electricity Supply Company Limited, a wholly owned Government of Karnataka undertaking, issued a notification on April 24, 2026, inviting Expressions of Interest from eligible Practising Company Secretaries and Firms for conducting the Secretarial Audit for FY 2025-26 and 2026-27 under Section 204 of the Companies Act, 2013. Interested parties were asked to submit sealed quotations along with firm profile to HESCOM's Corporate Office at Vidyut Bhavana, Gopanakoppa, Hubballi-580023 by May 7, 2026, before 5:30 PM.
8KSEB sanctions five new desktop systems for Power System Engineering Wing bypassing GeM due to after-sales service gaps
Kerala State Electricity Board Limited issued Office Order D(T & SO) No. 648/2026 on May 14, 2026, sanctioning the procurement of 4 new desktop systems for the Power System Engineering Wing and 1 new desktop system with an additional monitor for the Director (Transmission & System Operation), bypassing the Government e-Marketplace portal. The Chief Engineer (IT, CR & CAPS) was authorised to procure through competitive quotations from reputed IT resellers, as most GeM-listed suppliers are located outside Kerala and have provided unsatisfactory after-sales service.
8WBPDCL announces monthly fuel cost adjustment for April 2026: Kolaghat at 48 paise per kWh, Santaldih tops at 52 paise per kWh
West Bengal Power Development Corporation Limited announced the Monthly Fuel Cost Adjustment for April 2026 under Notification No. WBPDCL/MFCA/26-27/01 dated May 12, 2026. Total normative gross generation across 7 stations stood at 2,682.55 MU, with total coal consumption of 17,55,979 MT at an average price of Rs. 3,520.76 per MT and total fuel cost at Rs. 645.78 crore. Santaldih recorded the highest adjustment at 52 paise per kWh, while Bakreswar was lowest at 29 paise per kWh, recoverable from all electricity purchasers under WBERC purview.
8CMPDI and MECL sign strategic MoU for coal and mineral exploration cooperation in presence of Minister Satish Chandra Dubey
Central Mine Planning & Design Institute Limited and Mineral Exploration and Consultancy Limited signed a Memorandum of Understanding on May 14, 2026 at Ranchi in the presence of Union Minister of State for Coal and Mines Shri Satish Chandra Dubey. The MoU aims to facilitate collaboration in coal and non-energy mineral exploration to enhance India's national mineral inventory and support new mine development under the Atmanirbhar Bharat vision, with CMDs of both CMPDI and CCL Shri Chaudhari Shivraj Singh and Shri Nilendu Kumar Singh present at the review meeting.
8Bharat Coking Coal Limited reshuffles 10 senior mining executives in major posting transfer drive across mining operations
State-run Bharat Coking Coal Limited, listed on BSE under Scrip Code 544678, disclosed a sweeping senior management reshuffle on May 16, 2026, involving 10 General Managers across its mining operations. Key moves include Shri Bishnu Kant Jha's appointment as Area General Manager at Katras Area and Shri Satyakam Anand's transfer from SECL to Govindpur Area, all effective upon assumption of charge. The reshuffle aims to strengthen mining operations leadership across BCCL's key coalfield areas.
8HERC seeks FPPAS recovery details from UHBVNL and DHBVNL for FY 2025-26; case listed for arguments on June 10
UHBVNL and DHBVNL filed HERC Petition Nos. 07 and 18 of 2026 on monthly FPPAS recovery issues. The discoms sought exemption from monthly Fuel and Power Purchase Adjustment Surcharge recovery for FY 2025-26. HERC asked for details on FPPA recovery, outstanding recovery plan and November 2025 prior-period expenses. The case was listed for arguments on June 10, 2026. The petitions concern the discoms' challenges in monthly fuel surcharge recovery from consumers and pending true-up adjustments. Details
8CEA and AIDA release standard technical specs for CRGO core distribution transformers; India has 1.82 crore DTs with 9.44 lakh MVA capacity
The Central Electricity Authority, through its Distribution Planning & Technology Division, released standardised technical specifications for Single-Phase and Three-Phase CRGO Core Distribution Transformers (Part-I) on May 14, 2026, developed by an AIDA Committee with representation from CEA, DISCOMs, IEEMA and ISGF. The document highlights that India currently has approximately 1.82 crore Distribution Transformers installed with a total transformation capacity exceeding 9.44 Lakh MVA, the largest single equipment group in the distribution network.
8GERC drafts new Gujarat Electricity Grid Code 2026 superseding 2013 regulations to govern 66 kV+ operations and renewable integration
The Gujarat Electricity Regulatory Commission released the Draft Gujarat Electricity Grid Code 2026, a comprehensive overhaul of grid operation standards that will supersede the existing Gujarat Electricity Grid Code, 2013. Drafted under Sections 181, 39, 40, 42 and 86(1-h) of the Electricity Act, 2003, the new code sets rules for all participants in Gujarat's power system, including generation, transmission and distribution entities, covering Extra High Voltage systems of 66 kV and above, while incorporating frameworks for Battery Energy Storage Systems, Renewable Energy integration and cybersecurity through CERT standards.
MINISTRY OF POWER
8POWERGRID Independent Director Sajal Jha completes tenure on May 15, 2026 after Ministry of Power appointment
Power Grid Corporation of India Limited informed exchanges on May 16, 2026 that the tenure of Smt. Sajal Jha (DIN: 09402663) as Non-Official Independent Director has concluded on May 15, 2026, as per the Ministry of Power order dated May 16, 2025. She has accordingly ceased to be a member of POWERGRID's board from that date. The company trades on NSE as POWERGRID and BSE under code 532898 with ISIN INE752E01010, with the directorial change reported under SEBI LODR Regulations.
8POWERGRID promotes three CGMs Jiten Das, Rajiv Gandhi and Sanjay Kumar Gupta to Executive Director level from May 15
Power Grid Corporation of India Limited disclosed on May 16, 2026 that three Chief General Managers have been elevated to Executive Director (one level below the Board), effective May 15, 2026. Shri Jiten Das brings over three decades of experience in AC/DC substation management, Shri Rajiv Gandhi has expertise in transmission line engineering with a PGDM from MDI, and Shri Sanjay Kumar Gupta has been similarly promoted as per service rules. The promotions strengthen POWERGRID's leadership bench in transmission operations.
MNRE & BEE
8APSPDCL submits Q4 FY 2025-26 energy accounting data to BEE under EC Act 2001 mandate; CMD L. Siva Sankar heads Tirupati DISCOM
Southern Power Distribution Company of Andhra Pradesh Limited, established in 2000 and headquartered in Tirupati, submitted its Q4 FY 2025-26 Energy Accounting data to the Bureau of Energy Efficiency as mandated under the EC Act, 2001 gazette notification of October 7, 2021. The structured data, covering energy flows, distribution losses, and technical parameters for the period January 1 to March 31, 2026, was prepared by Energy Auditor P. Lokeswara Reddy (Registration No. EA-10877) and submitted under the leadership of CMD Sri L. Siva Sankar.
8APSPDCL files Q4 energy audit report for January to March 2026 with BEE Director under EC Act 2001 mandate for DISCOMs
Southern Power Distribution Company of Andhra Pradesh Limited formally submitted its Periodic Energy Accounting Report for Q4 of FY 2025-26 (January 1 to March 31, 2026) to Sri Milind Deore, Director, Bureau of Energy Efficiency, 4th Floor, Sewa Bhawan, R.K. Puram, New Delhi. The submission, under CGM/EC/APSPDCL reference, follows BEE's October 2021 gazette notification mandating periodic energy accounting for all electricity Distribution Companies under the Energy Conservation Act, 2001, with Chief General Manager K. Audiseshaiah as Nodal Officer.
TENDERS & PROCUREMENT (GeM/NIT)
8HESCOM invites Expressions of Interest from Practising Company Secretaries for Secretarial Audit of FY 2025-26 and 2026-27
Hubli Electricity Supply Company Limited, a wholly owned Government of Karnataka undertaking, issued a notification on April 24, 2026, inviting Expressions of Interest from eligible Practising Company Secretaries and Firms for conducting the Secretarial Audit for FY 2025-26 and 2026-27 under Section 204 of the Companies Act, 2013. Interested parties were asked to submit sealed quotations along with firm profile to HESCOM's Corporate Office at Vidyut Bhavana, Gopanakoppa, Hubballi-580023 by May 7, 2026, before 5:30 PM.
8KSEB sanctions five new desktop systems for Power System Engineering Wing bypassing GeM due to after-sales service gaps
Kerala State Electricity Board Limited issued Office Order D(T & SO) No. 648/2026 on May 14, 2026, sanctioning the procurement of 4 new desktop systems for the Power System Engineering Wing and 1 new desktop system with an additional monitor for the Director (Transmission & System Operation), bypassing the Government e-Marketplace portal. The Chief Engineer (IT, CR & CAPS) was authorised to procure through competitive quotations from reputed IT resellers, as most GeM-listed suppliers are located outside Kerala and have provided unsatisfactory after-sales service.
8WBPDCL announces monthly fuel cost adjustment for April 2026: Kolaghat at 48 paise per kWh, Santaldih tops at 52 paise per kWh
West Bengal Power Development Corporation Limited announced the Monthly Fuel Cost Adjustment for April 2026 under Notification No. WBPDCL/MFCA/26-27/01 dated May 12, 2026. Total normative gross generation across 7 stations stood at 2,682.55 MU, with total coal consumption of 17,55,979 MT at an average price of Rs. 3,520.76 per MT and total fuel cost at Rs. 645.78 crore. Santaldih recorded the highest adjustment at 52 paise per kWh, while Bakreswar was lowest at 29 paise per kWh, recoverable from all electricity purchasers under WBERC purview.
8CMPDI and MECL sign strategic MoU for coal and mineral exploration cooperation in presence of Minister Satish Chandra Dubey
Central Mine Planning & Design Institute Limited and Mineral Exploration and Consultancy Limited signed a Memorandum of Understanding on May 14, 2026 at Ranchi in the presence of Union Minister of State for Coal and Mines Shri Satish Chandra Dubey. The MoU aims to facilitate collaboration in coal and non-energy mineral exploration to enhance India's national mineral inventory and support new mine development under the Atmanirbhar Bharat vision, with CMDs of both CMPDI and CCL Shri Chaudhari Shivraj Singh and Shri Nilendu Kumar Singh present at the review meeting.
8Bharat Coking Coal Limited reshuffles 10 senior mining executives in major posting transfer drive across mining operations
State-run Bharat Coking Coal Limited, listed on BSE under Scrip Code 544678, disclosed a sweeping senior management reshuffle on May 16, 2026, involving 10 General Managers across its mining operations. Key moves include Shri Bishnu Kant Jha's appointment as Area General Manager at Katras Area and Shri Satyakam Anand's transfer from SECL to Govindpur Area, all effective upon assumption of charge. The reshuffle aims to strengthen mining operations leadership across BCCL's key coalfield areas.
8HERC seeks FPPAS recovery details from UHBVNL and DHBVNL for FY 2025-26; case listed for arguments on June 10
UHBVNL and DHBVNL filed HERC Petition Nos. 07 and 18 of 2026 on monthly FPPAS recovery issues. The discoms sought exemption from monthly Fuel and Power Purchase Adjustment Surcharge recovery for FY 2025-26. HERC asked for details on FPPA recovery, outstanding recovery plan and November 2025 prior-period expenses. The case was listed for arguments on June 10, 2026. The petitions concern the discoms' challenges in monthly fuel surcharge recovery from consumers and pending true-up adjustments. Details
NEWS UPDATE: RENEWABLE ENERGY
May 18:
SOLAR POWER
8CEA records India generates 4,683 MU renewable energy on May 14; Rajasthan tops with 250 MU wind-solar output
Central Electricity Authority daily renewable generation report for May 14, 2026 shows All India actual renewable output of approximately 4,683 MU including imports, with Rajasthan leading all states at 250.04 MU for the day driven by 207.07 MU of solar and 40.30 MU of wind. Gujarat followed with 321.23 MU while the Western Region collectively generated 427.12 MU, and cumulative renewable output for May 2026 up to 14 May from the Northern Region alone reached 3,908.40 MU.
8NLDC REMC: Solar hits 56,606 MW contribution during peak hours on May 16; VRE penetration at 25.88%
Grid Controller of India's NLDC Renewable Energy Management Centre reported that on May 16, 2026, combined Variable Renewable Energy (wind + solar) contributed 64,348 MW during solar hours (06:00-18:00), representing a 25.88% penetration rate. Solar alone hit 56,606 MW contribution during maximum demand of 248,681 MW at 15:32 hrs. During non-solar hours, wind energy sustained 10,401 MW at 4.32% penetration during peak demand of 240,653 MW at 22:40 hrs, marking a milestone for India's renewable integration capability.
8Insolation Energy board clears Rs. 395.19 crore preferential allotment monitoring report for Q4 FY26 with zero deviation
Insolation Energy Limited held a swift 13-minute board meeting on May 15, 2026, from 12:14 PM to 12:27 PM, where it approved the Monitoring Agency Report by CARE Ratings Limited on utilisation of Rs. 395.19 crore raised through preferential issue of equity shares. The report for the quarter ended March 31, 2026 confirmed no deviation from stated objects. The submission was made under SEBI ICDR Regulation 162A. The company trades on BSE under code 543620 and on NSE as INA.
8Inox Green Energy Services CARE Ratings confirms zero deviation in Rs. 1,050 crore preferential issue proceeds for Q4 FY26
Inox Green Energy Services Limited, INOXGFL Towers, Noida, filed the Monitoring Agency Report issued by CARE Ratings Limited (Report No. CARE/NRO/GEN/2026-27/1047) under Monitoring Agency Agreement dated June 26, 2024 for the quarter ended March 31, 2026. The report confirmed nil deviation from stated objects in the utilisation of Rs. 1,050 crore raised through a Preferential Issue under SEBI ICDR Regulation 162A. The Audit Committee and Board reviewed the report at their meetings held on May 14, 2026.
8KPI Green Energy grants 26,261 stock options at exercise price of Rs. 35 per share under ESOP 2023 with 1-year vesting lock-in
KPI Green Energy Limited disclosed on May 15, 2026 that its Nomination and Remuneration Committee approved the grant of 26,261 stock options to an eligible employee under KPI Green ESOP 2023. Each option converts into 1 equity share of face value Rs. 5 at an exercise price of Rs. 35 per share. All options vest at the end of 1 year from the date of grant and must be exercised within 3 months of vesting. The company trades on BSE under code 542323 and on NSE as KPIGREEN.
8Zelio E-Mobility Brickwork Ratings confirms zero deviation in Rs. 78.34 crore IPO proceeds in second monitoring agency report
Zelio E-Mobility Limited, Hisar, Haryana, submitted the Second Monitoring Agency Report (Report No. BWR/2026-27/IPM/ZEML/02) issued by Brickwork Ratings India Private Limited on May 15, 2026 under Monitoring Agency Agreement dated August 18, 2025. The report, prepared for the half-year ended March 31, 2026, confirmed no deviation from stated objects in the utilisation of IPO proceeds aggregating Rs. 78.34 crore raised through Fresh Issue and Offer for Sale. The submission supports continued IPO compliance under SEBI norms.
WIND & HYBRID POWER
8Borosil Renewables Q4 FY26 investor call transcript released; management discusses FY26 results amid solar glass headwinds
Borosil Renewables Limited released the transcript of its Q4 FY26 results conference call held on May 13, 2026, hosted by Axis Capital's Rohan Gheewala. The call featured Executive Chairman Mr. P. K. Kheruka, CEO Mr. Melwyn Moses and CFO Mr. Sunil Roongta who discussed the company's standalone and consolidated financial results for the year ended March 31, 2026 along with the fourth quarter performance. The company trades on BSE under code 502219 and on NSE as BORORENEW.
STORAGE & GREEN HYDROGEN
8TNERC drafts comprehensive BESS Regulations 2026 with 80% round-trip efficiency mandate and storage capacity charge
The Tamil Nadu Electricity Regulatory Commission released the Draft Tamil Nadu Electricity Regulatory Commission (Battery Energy Storage Systems) Regulations, 2026, a landmark 9-part regulatory framework covering procurement, tariff, technical standards, open access and ancillary services for Battery Energy Storage Systems across Tamil Nadu. The draft mandates a minimum Round-Trip Efficiency requirement and specifies a Minimum Capacity Utilisation Factor for RE-BESS projects, with tariff structures covering co-located solar, wind and conventional generators under Section 62 of the Electricity Act, 2003.
8GERC drafts 119-page Grid Interactive Distributed Renewable Energy Regulations 2026 replacing net metering rules of 2016
The Gujarat Electricity Regulatory Commission released a comprehensive 119-page Draft Regulation titled Gujarat Electricity Regulatory Commission (Grid Interactive Distributed Renewable Energy Sources) Regulations, 2026, set to repeal the GERC Net Metering Rooftop Solar PV Grid Interactive Systems Regulations, 2016. The draft, exercising powers under Sections 42, 61, 66, 86(1)(e) and 181 of the Electricity Act, 2003, covers Bidirectional Metering, Battery Energy Storage Systems, RESCO business models and various categories of distributed generation including prosumers and embedded generation units across Gujarat.
8MPERC seeks comments by June 9 on 2024 renewable grid regulation amendments under RG-39(II)
Madhya Pradesh Electricity Regulatory Commission issued a public notice for amendments to RG-39(II) of 2024. The draft concerns Grid Interactive Renewable Energy Systems and Related Matters Regulations. Stakeholders can submit comments until June 9, 2026 by post, email or fax. MPERC scheduled the public hearing for June 16, 2026 at 12:00 hrs in hybrid mode. The amendments aim to update Madhya Pradesh's renewable energy grid integration framework to align with national grid code updates.
POLICY & INCENTIVES
8MNRE approves Rs. 2,584.60 crore Small Hydro Power Development Scheme for 1-25 MW projects through FY 2030-31
The Ministry of New and Renewable Energy approved the Small Hydro Power Development Scheme for FY 2026-27 to FY 2030-31. The total financial outlay is Rs. 2,584.60 crore, including Rs. 96 crore committed liabilities from previous SHP schemes. The largest component is Rs. 2,532.60 crore CFA support for 1 MW to 25 MW SHP projects. Solar Energy Corporation of India Limited will act as the National Programme Implementing Agency. The scheme aims to accelerate small hydro project development in hilly and remote regions.
8Fujiyama Power Systems commissions 1 GW MonoPERC DCR solar cell facility eyeing Rs. 20,000 crore PM Surya Ghar Yojana opportunity
Fujiyama Power Systems Limited presented at an analysts and investors meet on May 15, 2026 highlighting its FY26 revenue from operations of Rs. 26,545 million, a 72.3% year-on-year jump. The company commissioned a 1 GW MonoPERC DCR solar cell manufacturing facility to tap into the Rs. 20,000 crore PM Surya Ghar Yojana opportunity, with 7 million-plus residential solar installations still untapped. The 1,200 MW TOPCon solar cell facility at Ratlam, Madhya Pradesh is being set up for an investment of around Rs. 350 crore.
8HPERC schedules May 20 public hearing on Generic Levellised Tariff for Biomass Gasifier power projects up to 5 MW for FY 2026-27
The Himachal Pradesh Electricity Regulatory Commission, Shimla, published a public notice dated May 12, 2026 announcing a public hearing on May 20, 2026 at 11:30 AM at HPERC's Shimla office in the matter of Suo-Motu Petition No. 04/2026 for determination of Generic Levellised Tariff for Biomass Gasifier based Power Projects up to 5 MW for FY 2026-27. A prior public notice was published on April 8, 2026 in The Tribune and Dainik Bhaskar, with last date for objections being May 11, 2026.
8PXIL revises May 2026 second REC trading session to May 29 due to Id-ul-Zuha bank holidays in Delhi and Mumbai
Power Exchange India Limited issued Circular No. PXIL/Operations/2026-2027/477 on May 12, 2026 to notify members that the second Renewable Energy Certificate trading session for May 2026 has been rescheduled from the standard last Wednesday (May 27, a Delhi bank holiday) and Thursday (May 28, a Mumbai bank holiday) to Friday, May 29, 2026, on account of Id-ul-Zuha. The revision was made pursuant to communication from GRID-INDIA dated May 12, 2026. Members can contact Market Operations for clarifications.
8India's captive power sector faces triple overhaul: Electricity Amendment Rules 2026, Draft NEP 2026 and evolving GST treatment of ITC
A detailed analysis published on May 15, 2026 outlines how India's captive power sector, governed for over two decades by the Electricity Act 2003 and Electricity Rules 2005, is undergoing simultaneous transformation across three fronts. The new Electricity (Amendment) Rules 2026 revise the mandatory 26% ownership and 51% consumption thresholds for captive generation, while the Draft National Electricity Policy 2026 sets new sector direction, and the GST framework's position on Input Tax Credit for capital expenditure on captive plants adds further commercial complexity. Details
8CEA records India generates 4,683 MU renewable energy on May 14; Rajasthan tops with 250 MU wind-solar output
Central Electricity Authority daily renewable generation report for May 14, 2026 shows All India actual renewable output of approximately 4,683 MU including imports, with Rajasthan leading all states at 250.04 MU for the day driven by 207.07 MU of solar and 40.30 MU of wind. Gujarat followed with 321.23 MU while the Western Region collectively generated 427.12 MU, and cumulative renewable output for May 2026 up to 14 May from the Northern Region alone reached 3,908.40 MU.
8NLDC REMC: Solar hits 56,606 MW contribution during peak hours on May 16; VRE penetration at 25.88%
Grid Controller of India's NLDC Renewable Energy Management Centre reported that on May 16, 2026, combined Variable Renewable Energy (wind + solar) contributed 64,348 MW during solar hours (06:00-18:00), representing a 25.88% penetration rate. Solar alone hit 56,606 MW contribution during maximum demand of 248,681 MW at 15:32 hrs. During non-solar hours, wind energy sustained 10,401 MW at 4.32% penetration during peak demand of 240,653 MW at 22:40 hrs, marking a milestone for India's renewable integration capability.
8Insolation Energy board clears Rs. 395.19 crore preferential allotment monitoring report for Q4 FY26 with zero deviation
Insolation Energy Limited held a swift 13-minute board meeting on May 15, 2026, from 12:14 PM to 12:27 PM, where it approved the Monitoring Agency Report by CARE Ratings Limited on utilisation of Rs. 395.19 crore raised through preferential issue of equity shares. The report for the quarter ended March 31, 2026 confirmed no deviation from stated objects. The submission was made under SEBI ICDR Regulation 162A. The company trades on BSE under code 543620 and on NSE as INA.
8Inox Green Energy Services CARE Ratings confirms zero deviation in Rs. 1,050 crore preferential issue proceeds for Q4 FY26
Inox Green Energy Services Limited, INOXGFL Towers, Noida, filed the Monitoring Agency Report issued by CARE Ratings Limited (Report No. CARE/NRO/GEN/2026-27/1047) under Monitoring Agency Agreement dated June 26, 2024 for the quarter ended March 31, 2026. The report confirmed nil deviation from stated objects in the utilisation of Rs. 1,050 crore raised through a Preferential Issue under SEBI ICDR Regulation 162A. The Audit Committee and Board reviewed the report at their meetings held on May 14, 2026.
8KPI Green Energy grants 26,261 stock options at exercise price of Rs. 35 per share under ESOP 2023 with 1-year vesting lock-in
KPI Green Energy Limited disclosed on May 15, 2026 that its Nomination and Remuneration Committee approved the grant of 26,261 stock options to an eligible employee under KPI Green ESOP 2023. Each option converts into 1 equity share of face value Rs. 5 at an exercise price of Rs. 35 per share. All options vest at the end of 1 year from the date of grant and must be exercised within 3 months of vesting. The company trades on BSE under code 542323 and on NSE as KPIGREEN.
8Zelio E-Mobility Brickwork Ratings confirms zero deviation in Rs. 78.34 crore IPO proceeds in second monitoring agency report
Zelio E-Mobility Limited, Hisar, Haryana, submitted the Second Monitoring Agency Report (Report No. BWR/2026-27/IPM/ZEML/02) issued by Brickwork Ratings India Private Limited on May 15, 2026 under Monitoring Agency Agreement dated August 18, 2025. The report, prepared for the half-year ended March 31, 2026, confirmed no deviation from stated objects in the utilisation of IPO proceeds aggregating Rs. 78.34 crore raised through Fresh Issue and Offer for Sale. The submission supports continued IPO compliance under SEBI norms.
WIND & HYBRID POWER
8Borosil Renewables Q4 FY26 investor call transcript released; management discusses FY26 results amid solar glass headwinds
Borosil Renewables Limited released the transcript of its Q4 FY26 results conference call held on May 13, 2026, hosted by Axis Capital's Rohan Gheewala. The call featured Executive Chairman Mr. P. K. Kheruka, CEO Mr. Melwyn Moses and CFO Mr. Sunil Roongta who discussed the company's standalone and consolidated financial results for the year ended March 31, 2026 along with the fourth quarter performance. The company trades on BSE under code 502219 and on NSE as BORORENEW.
STORAGE & GREEN HYDROGEN
8TNERC drafts comprehensive BESS Regulations 2026 with 80% round-trip efficiency mandate and storage capacity charge
The Tamil Nadu Electricity Regulatory Commission released the Draft Tamil Nadu Electricity Regulatory Commission (Battery Energy Storage Systems) Regulations, 2026, a landmark 9-part regulatory framework covering procurement, tariff, technical standards, open access and ancillary services for Battery Energy Storage Systems across Tamil Nadu. The draft mandates a minimum Round-Trip Efficiency requirement and specifies a Minimum Capacity Utilisation Factor for RE-BESS projects, with tariff structures covering co-located solar, wind and conventional generators under Section 62 of the Electricity Act, 2003.
8GERC drafts 119-page Grid Interactive Distributed Renewable Energy Regulations 2026 replacing net metering rules of 2016
The Gujarat Electricity Regulatory Commission released a comprehensive 119-page Draft Regulation titled Gujarat Electricity Regulatory Commission (Grid Interactive Distributed Renewable Energy Sources) Regulations, 2026, set to repeal the GERC Net Metering Rooftop Solar PV Grid Interactive Systems Regulations, 2016. The draft, exercising powers under Sections 42, 61, 66, 86(1)(e) and 181 of the Electricity Act, 2003, covers Bidirectional Metering, Battery Energy Storage Systems, RESCO business models and various categories of distributed generation including prosumers and embedded generation units across Gujarat.
8MPERC seeks comments by June 9 on 2024 renewable grid regulation amendments under RG-39(II)
Madhya Pradesh Electricity Regulatory Commission issued a public notice for amendments to RG-39(II) of 2024. The draft concerns Grid Interactive Renewable Energy Systems and Related Matters Regulations. Stakeholders can submit comments until June 9, 2026 by post, email or fax. MPERC scheduled the public hearing for June 16, 2026 at 12:00 hrs in hybrid mode. The amendments aim to update Madhya Pradesh's renewable energy grid integration framework to align with national grid code updates.
POLICY & INCENTIVES
8MNRE approves Rs. 2,584.60 crore Small Hydro Power Development Scheme for 1-25 MW projects through FY 2030-31
The Ministry of New and Renewable Energy approved the Small Hydro Power Development Scheme for FY 2026-27 to FY 2030-31. The total financial outlay is Rs. 2,584.60 crore, including Rs. 96 crore committed liabilities from previous SHP schemes. The largest component is Rs. 2,532.60 crore CFA support for 1 MW to 25 MW SHP projects. Solar Energy Corporation of India Limited will act as the National Programme Implementing Agency. The scheme aims to accelerate small hydro project development in hilly and remote regions.
8Fujiyama Power Systems commissions 1 GW MonoPERC DCR solar cell facility eyeing Rs. 20,000 crore PM Surya Ghar Yojana opportunity
Fujiyama Power Systems Limited presented at an analysts and investors meet on May 15, 2026 highlighting its FY26 revenue from operations of Rs. 26,545 million, a 72.3% year-on-year jump. The company commissioned a 1 GW MonoPERC DCR solar cell manufacturing facility to tap into the Rs. 20,000 crore PM Surya Ghar Yojana opportunity, with 7 million-plus residential solar installations still untapped. The 1,200 MW TOPCon solar cell facility at Ratlam, Madhya Pradesh is being set up for an investment of around Rs. 350 crore.
8HPERC schedules May 20 public hearing on Generic Levellised Tariff for Biomass Gasifier power projects up to 5 MW for FY 2026-27
The Himachal Pradesh Electricity Regulatory Commission, Shimla, published a public notice dated May 12, 2026 announcing a public hearing on May 20, 2026 at 11:30 AM at HPERC's Shimla office in the matter of Suo-Motu Petition No. 04/2026 for determination of Generic Levellised Tariff for Biomass Gasifier based Power Projects up to 5 MW for FY 2026-27. A prior public notice was published on April 8, 2026 in The Tribune and Dainik Bhaskar, with last date for objections being May 11, 2026.
8PXIL revises May 2026 second REC trading session to May 29 due to Id-ul-Zuha bank holidays in Delhi and Mumbai
Power Exchange India Limited issued Circular No. PXIL/Operations/2026-2027/477 on May 12, 2026 to notify members that the second Renewable Energy Certificate trading session for May 2026 has been rescheduled from the standard last Wednesday (May 27, a Delhi bank holiday) and Thursday (May 28, a Mumbai bank holiday) to Friday, May 29, 2026, on account of Id-ul-Zuha. The revision was made pursuant to communication from GRID-INDIA dated May 12, 2026. Members can contact Market Operations for clarifications.
8India's captive power sector faces triple overhaul: Electricity Amendment Rules 2026, Draft NEP 2026 and evolving GST treatment of ITC
A detailed analysis published on May 15, 2026 outlines how India's captive power sector, governed for over two decades by the Electricity Act 2003 and Electricity Rules 2005, is undergoing simultaneous transformation across three fronts. The new Electricity (Amendment) Rules 2026 revise the mandatory 26% ownership and 51% consumption thresholds for captive generation, while the Draft National Electricity Policy 2026 sets new sector direction, and the GST framework's position on Input Tax Credit for capital expenditure on captive plants adds further commercial complexity. Details
NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION
May 18:
PPA SIGNING & APPROVAL
8UPERC sets July 16 hearing for UPPCL 10 MW bagasse power APPA with Tikaula Sugar Mills in Muzaffarnagar
UPPCL filed Petition No. 2378 of 2026 before UPERC for approval of an APPA dated February 21, 2026. The agreement concerns sale of 10 MW bagasse-based power from Tikaula Sugar Mills Limited. The power will come from a 16 MW unit at Village Tikaula, District Muzaffarnagar. UPERC listed the hearing for July 16, 2026 at 11:00 hrs. The petition supports bagasse-based cogeneration as part of Uttar Pradesh's renewable energy diversification beyond solar and wind power.
8HPERC reserves order on joint petition for Long-Term PPA approval between HPSEBL and Shree Khand Mahadev for 1.50 MW Bagipul project
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 189 of 2026 on May 15, 2026, a Joint Petition filed by HPSEBL and M/s Shree Khand Mahadev Hydro Energy Pvt. Ltd. under Section 86(1)(b) of the Electricity Act, 2003. The petition seeks approval of a Long-Term Power Purchase Agreement for the 1.50 MW Bagipul Hydro Electric Project located on Sarahan Nallah, a tributary of Kurpan Khad and of Satluj River, District Kullu, Himachal Pradesh, at Generic Levellised Tariff. The Commission reserved its order.
8HPERC admits Kundan Hydro plea to declare year-2000 PPA non-est; seeks fresh agreement for 4.50 MW Luni Hydro project
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 171 of 2026 on May 15, 2026 in the matter of M/s Kundan Hydro (LUNI) Pvt. Ltd. versus HPSEBL and State of HP. Filed under Sections 86(1)(a), (b), (e) and (f) of the Electricity Act, 2003, the petition seeks declaration that the Power Purchase Agreement dated May 31, 2000 between HPSEBL and Subhash Projects and Marketing Ltd. is non-est and unenforceable, and requests a fresh PPA for the entire 4.50 MW capacity of the Luni Hydro Electric Project at HPERC-determined tariff.
8Omish Solar PV files HPERC petition against HPSEBL for applying Rs. 3.38 per unit instead of Rs. 3.98 per unit tariff to 500 kW project
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 187 of 2026 on May 15, 2026 in the matter of M/s Omish Solar PV Project versus HPSEBL. The petitioner's 500 kW solar PV project at Village Danigurchal, Tehsil Nurpur, District Kangra, alleges that HPSEBL has wrongfully applied a tariff of Rs. 3.38 per unit as per tariff order dated July 22, 2021, instead of the applicable tariff of Rs. 3.98 per unit from the date of COD as per PPA dated October 9, 2020. HPSEBL sought two weeks for reply, with next hearing on June 19, 2026.
WORK ORDERS & SUPPLY CONTRACTS
8KSEB moves to gazette-notify 351-metre 66 kV multi-circuit line at Ambalamughal sub-station under Kalamassery Circle
Kerala State Electricity Board Limited initiated gazette notification procedures on May 14, 2026, for the construction of a 351-metre, 66 kV multi-circuit transmission line as part of the development of a new 220/66 kV system at the 220 kV Sub-Station at Ambalamughal compound under Transmission Circle, Kalamassery. The Deputy Chief Engineer (Transmission Circle, Kalamassery) forwarded the draft gazette notice to the Chief Engineer (IT & Customer Relations) at KSEB's Thiruvananthapuram headquarters for urgent publication in the Kerala Gazette.
8MePDCL cancels RFP for 11 kV and 33 kV fault passage indicators floated under Eastern Zone Distribution Circle
Meghalaya Power Distribution Corporation Limited issued a formal cancellation notice on May 14, 2026, withdrawing its Request for Proposal originally floated on April 28, 2026 under letter No. MePDCL/CE(D)/EZ/T-48/Pt-III/2026-27/1, for procurement of Master and Slave Fault Passage Indicators/Sensors (FSI/FPS) for 11 kV and 33 kV voltage levels under the Eastern Zone Distribution Circle. The cancellation, citing unavoidable reasons, was notified by the Chief Engineer (Distribution) Eastern Zone.
8MePDCL launches AI-powered WhatsApp chatbot and bulk SMS platform to modernise consumer communication in Meghalaya
Meghalaya Power Distribution Corporation Limited announced on May 13, 2026 its plan to deploy an integrated WhatsApp Business Messaging Solution, AI-based Chatbot and Bulk SMS platform to overhaul consumer communication. The initiative, driven by the Chief Engineer (Commercial), aims to deliver real-time billing information, payment confirmations, outage notifications and service alerts, improving collection efficiency and consumer transparency. Consumers were urged to share or update their WhatsApp numbers with MePDCL meter readers during the next billing cycle.
8Hindustan Power Exchange initiates reverse auction for CESC Limited covering thermal energy delivery from May 22 to 31
Hindustan Power Exchange Limited (formerly Pranurja Solutions Ltd) issued Circular No. HPX_RA_00956 on May 15, 2026 for a Single-Side Reverse Auction initiated by buyer CESC Limited. The auction covers thermal energy delivery from May 22 to May 31, 2026 in two daily blocks (00:00-04:00 hrs and 16:00-24:00 hrs), each requiring 50 MW minimum with 5 MW minimum bid quantity. Seller interest submission closes May 18 and e-Reverse Auction runs from 16:00 to 18:00 hrs on May 18, 2026.
CAPACITY COMMISSIONING
8Fujiyama Power Systems commissions 2,000 MW solar panel manufacturing facility at Ratlam; total capacity rises to 3,568 MW
Fujiyama Power Systems Limited announced on May 14, 2026 the commissioning of its 2,000 MW solar panel manufacturing facility at Ratlam, Madhya Pradesh as part of a greenfield expansion. With this addition, the company's total solar panel manufacturing capacity has reached 3,568 MW. The plant will initially operate at an annualised capacity of approximately 1,000 MW on single-shift basis, scaling up to full utilisation by Q4 FY27. Battery and inverter manufacturing lines at the same facility experienced delays due to geopolitical supply chain disruptions.
8CEA hosts SHANTI Act workshop with NTPC to chart India's 100 GW nuclear power roadmap by 2032
The Central Electricity Authority in association with the Ministry of Power and NTPC Limited organised a full-day workshop on April 17, 2026 at Scope Convention Centre, New Delhi, on the Sustainable Harnessing and Advancement of Nuclear Technology for India (SHANTI) Act, 2025 which received Presidential assent in December 2025. Discussions spanned 7 sessions including CEA's Long-Term National Resource Adequacy Plan, the criticality of Kalpakkam's 500 MW PFBR on April 6, 2026, and the commercial launch of 700 MW PHWR units at Kakrapar and Rawatbhata.
8HPERC grants Tidong Power interim connectivity for additional 50 MW from 3x50 MW Tidong-I HEP medium-term till June 2029
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 180 of 2026 on May 15, 2026 filed by M/s Tidong Power Generation Pvt. Ltd. seeking interim connectivity and Short-Term Open Access for an additional 50 MW from the 3x50 MW (150 MW) Tidong-I HEP. HPPCL's no-objection letter dated May 13, 2026 confirmed it has no objection to temporary utilisation for carrying 50 MW power on medium-term open access for a minimum 3 years up to June 30, 2029. Next hearing is on June 2, 2026.
EQUITY & STAKE ACQUISITION
8ICICI Bank offloads 24.35 crore shares or 3.55% stake in Jaiprakash Power Ventures; holding drops from 9.97% to 6.42%
ICICI Bank Limited disclosed on May 16, 2026 under SEBI Takeover Regulations that it sold an aggregate of 24,35,00,000 equity shares (face value Rs. 10 each) of Jaiprakash Power Ventures Ltd in multiple tranches, with the last tranche on May 15, 2026. This 3.55% divestment reduces ICICI Bank's stake from 68,33,61,064 shares (9.97%) to 43,98,61,064 shares (6.42%) of the company's issued and paid-up equity share capital. The transactions reflect ICICI Bank's continued stake reduction in the power producer.
8NCLT Bengaluru sanctions Kirloskar Electric merger of 4 wholly-owned subsidiaries with appointed date of April 1, 2024
Kirloskar Electric Company Limited, Peenya, Bengaluru, received on May 15, 2026 at 9:56 AM the NCLT Bengaluru Bench order dated April 30, 2026 (CP (CAA) No. 22/BB/2025) sanctioning the merger by absorption of four wholly-owned subsidiaries: KELBUZZ Trading Private Limited, Luxquisite Parkland Private Limited, SLPKG Estate Holdings Private Limited and SKG Terra Promenade Private Limited into KECL with effect from April 1, 2024, under Sections 230-232 of the Companies Act, 2013.
8Ola Electric approves investment in two wholly-owned subsidiaries OCT and OET with combined FY25 turnover of Rs. 4,790 crore
Ola Electric Mobility Limited announced on May 15, 2026 that its board approved proposed investments in two wholly-owned subsidiaries: Ola Cell Technologies Private Limited, which posted FY 2024-25 turnover of Rs. 73.00 crore, and Ola Electric Technologies Private Limited, which posted FY 2024-25 turnover of Rs. 4,717.48 crore. The 22-minute board meeting confirmed both transactions are on an arm's length basis with no promoter or promoter group interest. The investments support Ola's vertical integration in EV manufacturing.
8UHBVNL seeks HERC approval for 250 MW/500 MWh Haryana BESS procurement via SJVN with back-to-back BESA agreement
UHBVNL filed Petition No. 23 of 2026 for source approval of a 250 MW/500 MWh standalone BESS. The proposal includes a back-to-back Battery Energy Storage Sale Agreement with SJVN Limited. HERC allowed UHBVNL two weeks to file details sought in the April 30, 2026 interim order. The matter was listed for arguments on June 10, 2026. The procurement marks one of Haryana's largest battery storage tenders aimed at peak load management and renewable integration support.
8SJVN seeks HERC tariff adoption for 250 MW/500 MWh standalone BESS in Haryana with two-hour discharge cycle
SJVN Limited filed HERC Petition No. 28 of 2026 for adoption of tariff discovered through competitive bidding. The project is a 250 MW/500 MWh standalone Battery Energy Storage System in Haryana. Respondents include UHBVNL and Hardi Hydro Energy Private Limited. HERC sought justification on tariff competitiveness, two-hour discharge cycle, land support, and charge-discharge responsibility. The tariff adoption is critical for India's emerging battery storage market and supports peak management in Haryana.
8UPERC to hear UPPCL-MPPMCL 1,130 MWh battery storage joint procurement case on May 28 under 15-year competitive bid model
UPPCL filed Petition No. 2380 of 2026 for long-term joint procurement of battery storage energy. The proposal covers 1,130 MWh from Battery Energy Storage Systems through competitive bidding. UPPCL and Madhya Pradesh Power Management Company Limited are the joint procurers for a 15-year period. UPERC scheduled the admission hearing for May 28, 2026 at 11:00 hrs in Lucknow. The petition represents one of the largest BESS joint procurement initiatives between two state DISCOMs in India.
8Premier Energies shifts 4 GW solar PV cell project location from Ranga Reddy Telangana to Tirupati Andhra Pradesh per CRISIL report
Premier Energies Limited submitted its IPO Monitoring Agency Report for Q4 FY26 issued by CRISIL Ratings Limited (Report No. 1CRL/MAR/PRSSPL/2025-26/1743). The report disclosed a deviation from the original IPO object: the location of the 4 GW solar PV cell project under Object 1 was changed from Ranga Reddy District, Telangana to Tirupati District, Andhra Pradesh, pursuant to a special shareholder resolution dated April 6, 2025. The range of deviation was stated as not applicable. Details
8UPERC sets July 16 hearing for UPPCL 10 MW bagasse power APPA with Tikaula Sugar Mills in Muzaffarnagar
UPPCL filed Petition No. 2378 of 2026 before UPERC for approval of an APPA dated February 21, 2026. The agreement concerns sale of 10 MW bagasse-based power from Tikaula Sugar Mills Limited. The power will come from a 16 MW unit at Village Tikaula, District Muzaffarnagar. UPERC listed the hearing for July 16, 2026 at 11:00 hrs. The petition supports bagasse-based cogeneration as part of Uttar Pradesh's renewable energy diversification beyond solar and wind power.
8HPERC reserves order on joint petition for Long-Term PPA approval between HPSEBL and Shree Khand Mahadev for 1.50 MW Bagipul project
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 189 of 2026 on May 15, 2026, a Joint Petition filed by HPSEBL and M/s Shree Khand Mahadev Hydro Energy Pvt. Ltd. under Section 86(1)(b) of the Electricity Act, 2003. The petition seeks approval of a Long-Term Power Purchase Agreement for the 1.50 MW Bagipul Hydro Electric Project located on Sarahan Nallah, a tributary of Kurpan Khad and of Satluj River, District Kullu, Himachal Pradesh, at Generic Levellised Tariff. The Commission reserved its order.
8HPERC admits Kundan Hydro plea to declare year-2000 PPA non-est; seeks fresh agreement for 4.50 MW Luni Hydro project
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 171 of 2026 on May 15, 2026 in the matter of M/s Kundan Hydro (LUNI) Pvt. Ltd. versus HPSEBL and State of HP. Filed under Sections 86(1)(a), (b), (e) and (f) of the Electricity Act, 2003, the petition seeks declaration that the Power Purchase Agreement dated May 31, 2000 between HPSEBL and Subhash Projects and Marketing Ltd. is non-est and unenforceable, and requests a fresh PPA for the entire 4.50 MW capacity of the Luni Hydro Electric Project at HPERC-determined tariff.
8Omish Solar PV files HPERC petition against HPSEBL for applying Rs. 3.38 per unit instead of Rs. 3.98 per unit tariff to 500 kW project
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 187 of 2026 on May 15, 2026 in the matter of M/s Omish Solar PV Project versus HPSEBL. The petitioner's 500 kW solar PV project at Village Danigurchal, Tehsil Nurpur, District Kangra, alleges that HPSEBL has wrongfully applied a tariff of Rs. 3.38 per unit as per tariff order dated July 22, 2021, instead of the applicable tariff of Rs. 3.98 per unit from the date of COD as per PPA dated October 9, 2020. HPSEBL sought two weeks for reply, with next hearing on June 19, 2026.
WORK ORDERS & SUPPLY CONTRACTS
8KSEB moves to gazette-notify 351-metre 66 kV multi-circuit line at Ambalamughal sub-station under Kalamassery Circle
Kerala State Electricity Board Limited initiated gazette notification procedures on May 14, 2026, for the construction of a 351-metre, 66 kV multi-circuit transmission line as part of the development of a new 220/66 kV system at the 220 kV Sub-Station at Ambalamughal compound under Transmission Circle, Kalamassery. The Deputy Chief Engineer (Transmission Circle, Kalamassery) forwarded the draft gazette notice to the Chief Engineer (IT & Customer Relations) at KSEB's Thiruvananthapuram headquarters for urgent publication in the Kerala Gazette.
8MePDCL cancels RFP for 11 kV and 33 kV fault passage indicators floated under Eastern Zone Distribution Circle
Meghalaya Power Distribution Corporation Limited issued a formal cancellation notice on May 14, 2026, withdrawing its Request for Proposal originally floated on April 28, 2026 under letter No. MePDCL/CE(D)/EZ/T-48/Pt-III/2026-27/1, for procurement of Master and Slave Fault Passage Indicators/Sensors (FSI/FPS) for 11 kV and 33 kV voltage levels under the Eastern Zone Distribution Circle. The cancellation, citing unavoidable reasons, was notified by the Chief Engineer (Distribution) Eastern Zone.
8MePDCL launches AI-powered WhatsApp chatbot and bulk SMS platform to modernise consumer communication in Meghalaya
Meghalaya Power Distribution Corporation Limited announced on May 13, 2026 its plan to deploy an integrated WhatsApp Business Messaging Solution, AI-based Chatbot and Bulk SMS platform to overhaul consumer communication. The initiative, driven by the Chief Engineer (Commercial), aims to deliver real-time billing information, payment confirmations, outage notifications and service alerts, improving collection efficiency and consumer transparency. Consumers were urged to share or update their WhatsApp numbers with MePDCL meter readers during the next billing cycle.
8Hindustan Power Exchange initiates reverse auction for CESC Limited covering thermal energy delivery from May 22 to 31
Hindustan Power Exchange Limited (formerly Pranurja Solutions Ltd) issued Circular No. HPX_RA_00956 on May 15, 2026 for a Single-Side Reverse Auction initiated by buyer CESC Limited. The auction covers thermal energy delivery from May 22 to May 31, 2026 in two daily blocks (00:00-04:00 hrs and 16:00-24:00 hrs), each requiring 50 MW minimum with 5 MW minimum bid quantity. Seller interest submission closes May 18 and e-Reverse Auction runs from 16:00 to 18:00 hrs on May 18, 2026.
CAPACITY COMMISSIONING
8Fujiyama Power Systems commissions 2,000 MW solar panel manufacturing facility at Ratlam; total capacity rises to 3,568 MW
Fujiyama Power Systems Limited announced on May 14, 2026 the commissioning of its 2,000 MW solar panel manufacturing facility at Ratlam, Madhya Pradesh as part of a greenfield expansion. With this addition, the company's total solar panel manufacturing capacity has reached 3,568 MW. The plant will initially operate at an annualised capacity of approximately 1,000 MW on single-shift basis, scaling up to full utilisation by Q4 FY27. Battery and inverter manufacturing lines at the same facility experienced delays due to geopolitical supply chain disruptions.
8CEA hosts SHANTI Act workshop with NTPC to chart India's 100 GW nuclear power roadmap by 2032
The Central Electricity Authority in association with the Ministry of Power and NTPC Limited organised a full-day workshop on April 17, 2026 at Scope Convention Centre, New Delhi, on the Sustainable Harnessing and Advancement of Nuclear Technology for India (SHANTI) Act, 2025 which received Presidential assent in December 2025. Discussions spanned 7 sessions including CEA's Long-Term National Resource Adequacy Plan, the criticality of Kalpakkam's 500 MW PFBR on April 6, 2026, and the commercial launch of 700 MW PHWR units at Kakrapar and Rawatbhata.
8HPERC grants Tidong Power interim connectivity for additional 50 MW from 3x50 MW Tidong-I HEP medium-term till June 2029
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 180 of 2026 on May 15, 2026 filed by M/s Tidong Power Generation Pvt. Ltd. seeking interim connectivity and Short-Term Open Access for an additional 50 MW from the 3x50 MW (150 MW) Tidong-I HEP. HPPCL's no-objection letter dated May 13, 2026 confirmed it has no objection to temporary utilisation for carrying 50 MW power on medium-term open access for a minimum 3 years up to June 30, 2029. Next hearing is on June 2, 2026.
EQUITY & STAKE ACQUISITION
8ICICI Bank offloads 24.35 crore shares or 3.55% stake in Jaiprakash Power Ventures; holding drops from 9.97% to 6.42%
ICICI Bank Limited disclosed on May 16, 2026 under SEBI Takeover Regulations that it sold an aggregate of 24,35,00,000 equity shares (face value Rs. 10 each) of Jaiprakash Power Ventures Ltd in multiple tranches, with the last tranche on May 15, 2026. This 3.55% divestment reduces ICICI Bank's stake from 68,33,61,064 shares (9.97%) to 43,98,61,064 shares (6.42%) of the company's issued and paid-up equity share capital. The transactions reflect ICICI Bank's continued stake reduction in the power producer.
8NCLT Bengaluru sanctions Kirloskar Electric merger of 4 wholly-owned subsidiaries with appointed date of April 1, 2024
Kirloskar Electric Company Limited, Peenya, Bengaluru, received on May 15, 2026 at 9:56 AM the NCLT Bengaluru Bench order dated April 30, 2026 (CP (CAA) No. 22/BB/2025) sanctioning the merger by absorption of four wholly-owned subsidiaries: KELBUZZ Trading Private Limited, Luxquisite Parkland Private Limited, SLPKG Estate Holdings Private Limited and SKG Terra Promenade Private Limited into KECL with effect from April 1, 2024, under Sections 230-232 of the Companies Act, 2013.
8Ola Electric approves investment in two wholly-owned subsidiaries OCT and OET with combined FY25 turnover of Rs. 4,790 crore
Ola Electric Mobility Limited announced on May 15, 2026 that its board approved proposed investments in two wholly-owned subsidiaries: Ola Cell Technologies Private Limited, which posted FY 2024-25 turnover of Rs. 73.00 crore, and Ola Electric Technologies Private Limited, which posted FY 2024-25 turnover of Rs. 4,717.48 crore. The 22-minute board meeting confirmed both transactions are on an arm's length basis with no promoter or promoter group interest. The investments support Ola's vertical integration in EV manufacturing.
8UHBVNL seeks HERC approval for 250 MW/500 MWh Haryana BESS procurement via SJVN with back-to-back BESA agreement
UHBVNL filed Petition No. 23 of 2026 for source approval of a 250 MW/500 MWh standalone BESS. The proposal includes a back-to-back Battery Energy Storage Sale Agreement with SJVN Limited. HERC allowed UHBVNL two weeks to file details sought in the April 30, 2026 interim order. The matter was listed for arguments on June 10, 2026. The procurement marks one of Haryana's largest battery storage tenders aimed at peak load management and renewable integration support.
8SJVN seeks HERC tariff adoption for 250 MW/500 MWh standalone BESS in Haryana with two-hour discharge cycle
SJVN Limited filed HERC Petition No. 28 of 2026 for adoption of tariff discovered through competitive bidding. The project is a 250 MW/500 MWh standalone Battery Energy Storage System in Haryana. Respondents include UHBVNL and Hardi Hydro Energy Private Limited. HERC sought justification on tariff competitiveness, two-hour discharge cycle, land support, and charge-discharge responsibility. The tariff adoption is critical for India's emerging battery storage market and supports peak management in Haryana.
8UPERC to hear UPPCL-MPPMCL 1,130 MWh battery storage joint procurement case on May 28 under 15-year competitive bid model
UPPCL filed Petition No. 2380 of 2026 for long-term joint procurement of battery storage energy. The proposal covers 1,130 MWh from Battery Energy Storage Systems through competitive bidding. UPPCL and Madhya Pradesh Power Management Company Limited are the joint procurers for a 15-year period. UPERC scheduled the admission hearing for May 28, 2026 at 11:00 hrs in Lucknow. The petition represents one of the largest BESS joint procurement initiatives between two state DISCOMs in India.
8Premier Energies shifts 4 GW solar PV cell project location from Ranga Reddy Telangana to Tirupati Andhra Pradesh per CRISIL report
Premier Energies Limited submitted its IPO Monitoring Agency Report for Q4 FY26 issued by CRISIL Ratings Limited (Report No. 1CRL/MAR/PRSSPL/2025-26/1743). The report disclosed a deviation from the original IPO object: the location of the 4 GW solar PV cell project under Object 1 was changed from Ranga Reddy District, Telangana to Tirupati District, Andhra Pradesh, pursuant to a special shareholder resolution dated April 6, 2025. The range of deviation was stated as not applicable. Details
NEWS UPDATE: TARIFF & REGULATORY ORDERS
May 18:
COMMISSION ORDERS (CERC/SERC)
8CERC approves transmission charges for SR and ER Power Transmission's new inter-regional grid corridor linking 34+ entities
The Central Electricity Regulatory Commission on May 14, 2026, adopted transmission charges under Section 63 of the Electricity Act, 2003 for SR and ER Power Transmission Limited, a 100% wholly owned subsidiary of Power Grid Corporation of India Limited, for a new inter-regional transmission system. The order, passed under Petition No. 120/AT/2026, directly impacts power distribution across 34+ entities spanning six southern and eastern states, marking a significant step in India's One Nation One Grid mission.
8CERC upgrades Greenko Energies inter-state trading licence from Category III to Category I; firm now eligible to trade 7,000 MUs annually
The Central Electricity Regulatory Commission on May 14, 2026 upgraded Greenko Energies Private Limited's inter-state electricity trading licence from Category III to Category I under Petition No. 136/TD/2026. The Hyderabad-based company, which received its original licence in 2008, now has the authority to trade up to 7,000 Million Units of electricity annually, with a minimum net worth threshold of Rs. 50 crore required for such a licence upgrade. The move boosts India's green power trading ecosystem.
8CERC grants Category V inter-state trading licence to Pune-based Neufo Technologies; firm met Rs. 2 crore net worth threshold
The Central Electricity Regulatory Commission on May 14, 2026 granted a Category V inter-state trading licence to Neufo Technologies Private Limited, a Pune-based firm, under Petition No. 93/TD/2026. The company, which had a qualifying net worth of Rs. 2 crore and maintained the minimum current and liquidity ratio of 1:1 as required under CERC Trading Licence Regulations, 2020, received the licence to trade electricity across all of India. Public notices in The Times of India and Economic Times across multiple cities in February 2026 drew no objections.
8GERC admits GUVNL petition to adopt wind power tariff from 250 MW Phase X competitive bidding; Patel Infrastructure among respondents
Gujarat Urja Vikas Nigam Limited filed Petition No. 2645 of 2026 before GERC on May 15, 2026, seeking adoption of tariff discovered through Competitive Bidding under RfS No. GUVNL/250 MW/Wind (Phase X) dated September 26, 2025, for procurement of 250 MW of grid-connected wind power in Gujarat. The petition names Patel Infrastructure Limited, Alfanar Power Limited, K.P. Energy Limited and Powerica Limited as respondents. GERC, chaired by Pankaj Joshi, admitted the petition and is set to approve PPAs with selected developers.
8Gujarat DISCOMs seek GERC nod to slash supervision charges from 15% to 2.5% on consumer-installed equipment
In a major tariff rationalisation move, Dakshin Gujarat Vij Company Limited, along with co-petitioners Madhya, Uttar, and Paschim Gujarat Vij Companies, filed Petition No. 2604 of 2026 before GERC on May 14, 2026, seeking approval to levy supervision charges at 2.5% instead of the current 15% on estimated costs for consumer-erected equipment including Ring Main Units, Compact Sub-Stations, High Tension Metering Cubicles, Vacuum Circuit Breakers, and LT underground cables. The GERC bench, chaired by Pankaj Joshi, admitted the petition for detailed hearing.
8HERC asks HPPC to renegotiate 495 MW solar tariff discovered at Rs. 2.86 to Rs. 2.97 per kWh from seven developers
Haryana Power Purchase Centre sought HERC approval for 495 MW solar power procurement from seven developers under a 500 MW solar RfS floated on September 11, 2025. The discovered tariff ranged from Rs. 2.86 per kWh to Rs. 2.97 per kWh, which HERC observed appeared on the higher side. HPPC was directed to renegotiate and file a revised proposal within one week, with the next hearing scheduled for May 26, 2026. The order was issued under Section 63 of the Electricity Act, 2003.
8MPERC admits Rs. 175.60 crore ARR against MPIDC Mohasa Babai Rs. 192.82 crore FY27 claim; revenue surplus pegged at Rs. 33.35 crore
Madhya Pradesh Electricity Regulatory Commission issued the FY 2026-27 ARR and retail tariff order for MPIDC Industrial Area Mohasa Babai. MPIDC claimed an ARR of Rs. 192.82 crore, while the Commission admitted Rs. 175.60 crore after prudence checks. The petitioner projected sales of 369.79 MU, while MPERC admitted 365.23 MU for FY 2026-27. Revenue from sale of power was claimed at Rs. 211.83 crore, while MPERC admitted Rs. 208.95 crore, resulting in a surplus of Rs. 33.35 crore.
8PSPCL seeks PSERC nod for 100 MW paddy-straw power procurement at Rs. 4.50 per kWh from co-generation plants
Punjab State Power Corporation Limited filed Petition No. 39 of 2026 before PSERC for 100 MW surplus power procurement. The project is tied to 100% paddy straw-based co-generation plants located within Punjab. PSPCL proposed a generic levelized tariff of Rs. 4.50 per kWh and was asked to justify the MoU route instead of competitive bidding. PSERC admitted the petition and listed the matter for hearing on May 20, 2026 at 11:30 AM. The petition supports Punjab's stubble burning mitigation efforts.
8JERC issues FY 2024-25 true-up order for Puducherry Electricity Department; total sales of 3,128 MU reviewed
Joint Electricity Regulatory Commission issued the FY 2024-25 true-up order for the Electricity Department, Government of Puducherry. The order records total sales of 3,128 MU and ex-bus requirement of 3,393 MU in the true-up analysis. The document reviews power purchase cost, O&M expenses, depreciation, interest, return on equity and revenue gap or surplus. It was issued on May 14, 2026 under Petition No. 171/2026, with detailed component-wise scrutiny of each cost head and revenue allowance.
8JSERC issues corrigendum to DVC tariff order correcting typographical error in MYT period regulations citation for FY 2026-31
The Jharkhand State Electricity Regulatory Commission issued a corrigendum on May 15, 2026 to its Tariff Order dated March 30, 2026, covering the True-up for FY 2024-25, Annual Performance Review for FY 2025-26, Annual Revenue Requirement for the Multi-Year Tariff Period FY 2026-27 to FY 2030-31, and determination of tariff for FY 2026-27 for Damodar Valley Corporation. The corrigendum corrects a typographical error in Chapter 12 (pages 269-274) where references to Regulations 2020 should be read as Regulations 2025.
REGULATORY PETITION & REVIEW
8GERC hears GUVNL plea to extend WYN Renewables PPA performance bank guarantee ahead of May 17 expiry
The Gujarat Electricity Regulatory Commission on May 15, 2026 heard Interlocutory Application No. 22 of 2026 filed by Gujarat Urja Vikas Nigam Limited seeking extension of the Performance Bank Guarantee furnished by M/s WYN Renewables Private Limited under a Power Purchase Agreement dated May 10, 2023. The PBG was set to expire on May 17, 2026, while the main Petition No. 2571 of 2025 remains pending adjudication. Earlier Commission orders restrained GUVNL from terminating the PPA.
8Morjar Renewables moves GERC to block invocation of Rs. 6 crore bank guarantee by GETCO over 200 MW hybrid project
M/s Morjar Renewables Pvt. Limited filed Petition No. 2628 of 2026 before GERC on May 14, 2026, challenging GETCO's threatened invocation of a Rs. 6 crore Bank Guarantee furnished for Stage-II connectivity for its 200 MW Hybrid captive energy project. The petitioner had obtained Stage-I and Stage-II connectivity approvals in January and April 2023 respectively, but the connectivity was revoked on September 16, 2023, over a notarised versus registered lease deed issue, followed by an October 2025 threat to invoke the guarantee which the company has contested as illegal.
8Renewable SPVs challenge GETCO Rs. 20 lakh per MW ATS guarantee clause for 373 MW hybrid projects at 220 kV Mota Asarana
M/s Epipremnum Aureum Renewables Pvt. Limited along with co-petitioner M/s Panthera Leo Persica Renewables Pvt. Limited filed Petition No. 2626 of 2026 before GERC on May 14, 2026, challenging Clause 5.7(iv) of GETCO's Connectivity Procedure, 2025, which mandates an Additional Transmission System Bank Guarantee of Rs. 20 lakh per MW. The petitioners have applied for connectivity for 201 MW and 102 MW Wind-Solar hybrid projects and a 70 MW solar project at the 220 kV Mota Asarana Pooling Station.
8GERC to re-examine UGVCL review plea against Shekhani Industries over Solar Policy 2015 vs 2021 banking charge dispute
The Gujarat Electricity Regulatory Commission on May 14, 2026 took up Review Petition No. 44 of 2025 filed by Uttar Gujarat Vij Company Limited challenging its own earlier Order dated August 8, 2025, in Petition No. 2155 of 2022 involving Sekhani Industries Pvt. Limited. UGVCL contended that the Commission, while ruling that UGVCL had no role in delaying the plant's commissioning on June 28, 2021, went beyond the pleadings by examining the interconnection agreement and its consistency with GERC Net Metering Regulations 2020.
8DOMS Industries fights DGVCL at GERC for 180-day exclusion and refund on 2000 KVA connection delayed by sub-station shifting
DOMS Industries Limited filed Petition No. 2631 of 2026 before GERC on May 14, 2026, seeking exclusion of the delay period caused by DGVCL's Control Room Shifting works at the 66 kV Umbergaon Sub-Station from the 180-day timeline under Option-III, and consequently demanding refund of excess minimum demand charges. The manufacturer, which applied for a 2000 KVA power connection on June 6, 2024, argued that DGVCL's construction activities requiring a 3.60 km 66 kV underground cable line directly prevented site access.
8HPERC admits Batot Hydro Power petition seeking Rs. 59.38 lakh delayed payment penalty from HPSEBL; next hearing June 19
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 148 of 2026 on May 15, 2026 in the matter of M/s Batot Hydro Power Ltd. versus HPSEBL, filed under Section 86(1)(f) of the Electricity Act, 2003 read with Regulation 75 of HPERC Conduct of Business Regulations, 2024. The petitioner seeks delayed payment penalty of Rs. 59,38,596 from the respondent. HPSEBL's Authorised Representative Sh. Kamlesh Saklani waived notice and sought two weeks for reply. The matter is listed for hearing on June 19, 2026 at 11:00 AM.
8HERC orders Amplus Sun 50 MW Khanak solar project tariff review with 0.50% annual degradation benchmark
HERC reviewed the tariff matter for Amplus Sun Solutions Private Limited's 50 MW solar project at Khanak, Bhiwani. The matter links Review Petition No. 7 of 2025, Petition No. 20 of 2026 and APTEL Appeal No. 362 of 2025. The Commission directed parties to agree on an independent agency for assessment using 0.50% annual degradation. The next hearing was fixed for May 26, 2026, with tariff determination to follow under Section 62 of the Electricity Act, 2003 for the Tosham, Bhiwani-located project.
8UPERC lists UPPCL-UPNEDA 2,553.5 MW feeder solarisation PPA case for June 18 hearing under RESCO mode
UPERC issued notice for Petition No. 2377 of 2026 filed by UPNEDA and UPPCL. The petition seeks approval of PPAs for grid-connected solar plants on segregated agriculture feeders. The cumulative capacity is 2,553.5 MW under RESCO mode feeder-level solarisation. The hearing is scheduled for June 18, 2026 at 11:00 hrs in Lucknow. The project aims to support agricultural feeder solarisation and provide daytime power supply to farmers across Uttar Pradesh under the PM-KUSUM and state schemes. Details
8CERC approves transmission charges for SR and ER Power Transmission's new inter-regional grid corridor linking 34+ entities
The Central Electricity Regulatory Commission on May 14, 2026, adopted transmission charges under Section 63 of the Electricity Act, 2003 for SR and ER Power Transmission Limited, a 100% wholly owned subsidiary of Power Grid Corporation of India Limited, for a new inter-regional transmission system. The order, passed under Petition No. 120/AT/2026, directly impacts power distribution across 34+ entities spanning six southern and eastern states, marking a significant step in India's One Nation One Grid mission.
8CERC upgrades Greenko Energies inter-state trading licence from Category III to Category I; firm now eligible to trade 7,000 MUs annually
The Central Electricity Regulatory Commission on May 14, 2026 upgraded Greenko Energies Private Limited's inter-state electricity trading licence from Category III to Category I under Petition No. 136/TD/2026. The Hyderabad-based company, which received its original licence in 2008, now has the authority to trade up to 7,000 Million Units of electricity annually, with a minimum net worth threshold of Rs. 50 crore required for such a licence upgrade. The move boosts India's green power trading ecosystem.
8CERC grants Category V inter-state trading licence to Pune-based Neufo Technologies; firm met Rs. 2 crore net worth threshold
The Central Electricity Regulatory Commission on May 14, 2026 granted a Category V inter-state trading licence to Neufo Technologies Private Limited, a Pune-based firm, under Petition No. 93/TD/2026. The company, which had a qualifying net worth of Rs. 2 crore and maintained the minimum current and liquidity ratio of 1:1 as required under CERC Trading Licence Regulations, 2020, received the licence to trade electricity across all of India. Public notices in The Times of India and Economic Times across multiple cities in February 2026 drew no objections.
8GERC admits GUVNL petition to adopt wind power tariff from 250 MW Phase X competitive bidding; Patel Infrastructure among respondents
Gujarat Urja Vikas Nigam Limited filed Petition No. 2645 of 2026 before GERC on May 15, 2026, seeking adoption of tariff discovered through Competitive Bidding under RfS No. GUVNL/250 MW/Wind (Phase X) dated September 26, 2025, for procurement of 250 MW of grid-connected wind power in Gujarat. The petition names Patel Infrastructure Limited, Alfanar Power Limited, K.P. Energy Limited and Powerica Limited as respondents. GERC, chaired by Pankaj Joshi, admitted the petition and is set to approve PPAs with selected developers.
8Gujarat DISCOMs seek GERC nod to slash supervision charges from 15% to 2.5% on consumer-installed equipment
In a major tariff rationalisation move, Dakshin Gujarat Vij Company Limited, along with co-petitioners Madhya, Uttar, and Paschim Gujarat Vij Companies, filed Petition No. 2604 of 2026 before GERC on May 14, 2026, seeking approval to levy supervision charges at 2.5% instead of the current 15% on estimated costs for consumer-erected equipment including Ring Main Units, Compact Sub-Stations, High Tension Metering Cubicles, Vacuum Circuit Breakers, and LT underground cables. The GERC bench, chaired by Pankaj Joshi, admitted the petition for detailed hearing.
8HERC asks HPPC to renegotiate 495 MW solar tariff discovered at Rs. 2.86 to Rs. 2.97 per kWh from seven developers
Haryana Power Purchase Centre sought HERC approval for 495 MW solar power procurement from seven developers under a 500 MW solar RfS floated on September 11, 2025. The discovered tariff ranged from Rs. 2.86 per kWh to Rs. 2.97 per kWh, which HERC observed appeared on the higher side. HPPC was directed to renegotiate and file a revised proposal within one week, with the next hearing scheduled for May 26, 2026. The order was issued under Section 63 of the Electricity Act, 2003.
8MPERC admits Rs. 175.60 crore ARR against MPIDC Mohasa Babai Rs. 192.82 crore FY27 claim; revenue surplus pegged at Rs. 33.35 crore
Madhya Pradesh Electricity Regulatory Commission issued the FY 2026-27 ARR and retail tariff order for MPIDC Industrial Area Mohasa Babai. MPIDC claimed an ARR of Rs. 192.82 crore, while the Commission admitted Rs. 175.60 crore after prudence checks. The petitioner projected sales of 369.79 MU, while MPERC admitted 365.23 MU for FY 2026-27. Revenue from sale of power was claimed at Rs. 211.83 crore, while MPERC admitted Rs. 208.95 crore, resulting in a surplus of Rs. 33.35 crore.
8PSPCL seeks PSERC nod for 100 MW paddy-straw power procurement at Rs. 4.50 per kWh from co-generation plants
Punjab State Power Corporation Limited filed Petition No. 39 of 2026 before PSERC for 100 MW surplus power procurement. The project is tied to 100% paddy straw-based co-generation plants located within Punjab. PSPCL proposed a generic levelized tariff of Rs. 4.50 per kWh and was asked to justify the MoU route instead of competitive bidding. PSERC admitted the petition and listed the matter for hearing on May 20, 2026 at 11:30 AM. The petition supports Punjab's stubble burning mitigation efforts.
8JERC issues FY 2024-25 true-up order for Puducherry Electricity Department; total sales of 3,128 MU reviewed
Joint Electricity Regulatory Commission issued the FY 2024-25 true-up order for the Electricity Department, Government of Puducherry. The order records total sales of 3,128 MU and ex-bus requirement of 3,393 MU in the true-up analysis. The document reviews power purchase cost, O&M expenses, depreciation, interest, return on equity and revenue gap or surplus. It was issued on May 14, 2026 under Petition No. 171/2026, with detailed component-wise scrutiny of each cost head and revenue allowance.
8JSERC issues corrigendum to DVC tariff order correcting typographical error in MYT period regulations citation for FY 2026-31
The Jharkhand State Electricity Regulatory Commission issued a corrigendum on May 15, 2026 to its Tariff Order dated March 30, 2026, covering the True-up for FY 2024-25, Annual Performance Review for FY 2025-26, Annual Revenue Requirement for the Multi-Year Tariff Period FY 2026-27 to FY 2030-31, and determination of tariff for FY 2026-27 for Damodar Valley Corporation. The corrigendum corrects a typographical error in Chapter 12 (pages 269-274) where references to Regulations 2020 should be read as Regulations 2025.
REGULATORY PETITION & REVIEW
8GERC hears GUVNL plea to extend WYN Renewables PPA performance bank guarantee ahead of May 17 expiry
The Gujarat Electricity Regulatory Commission on May 15, 2026 heard Interlocutory Application No. 22 of 2026 filed by Gujarat Urja Vikas Nigam Limited seeking extension of the Performance Bank Guarantee furnished by M/s WYN Renewables Private Limited under a Power Purchase Agreement dated May 10, 2023. The PBG was set to expire on May 17, 2026, while the main Petition No. 2571 of 2025 remains pending adjudication. Earlier Commission orders restrained GUVNL from terminating the PPA.
8Morjar Renewables moves GERC to block invocation of Rs. 6 crore bank guarantee by GETCO over 200 MW hybrid project
M/s Morjar Renewables Pvt. Limited filed Petition No. 2628 of 2026 before GERC on May 14, 2026, challenging GETCO's threatened invocation of a Rs. 6 crore Bank Guarantee furnished for Stage-II connectivity for its 200 MW Hybrid captive energy project. The petitioner had obtained Stage-I and Stage-II connectivity approvals in January and April 2023 respectively, but the connectivity was revoked on September 16, 2023, over a notarised versus registered lease deed issue, followed by an October 2025 threat to invoke the guarantee which the company has contested as illegal.
8Renewable SPVs challenge GETCO Rs. 20 lakh per MW ATS guarantee clause for 373 MW hybrid projects at 220 kV Mota Asarana
M/s Epipremnum Aureum Renewables Pvt. Limited along with co-petitioner M/s Panthera Leo Persica Renewables Pvt. Limited filed Petition No. 2626 of 2026 before GERC on May 14, 2026, challenging Clause 5.7(iv) of GETCO's Connectivity Procedure, 2025, which mandates an Additional Transmission System Bank Guarantee of Rs. 20 lakh per MW. The petitioners have applied for connectivity for 201 MW and 102 MW Wind-Solar hybrid projects and a 70 MW solar project at the 220 kV Mota Asarana Pooling Station.
8GERC to re-examine UGVCL review plea against Shekhani Industries over Solar Policy 2015 vs 2021 banking charge dispute
The Gujarat Electricity Regulatory Commission on May 14, 2026 took up Review Petition No. 44 of 2025 filed by Uttar Gujarat Vij Company Limited challenging its own earlier Order dated August 8, 2025, in Petition No. 2155 of 2022 involving Sekhani Industries Pvt. Limited. UGVCL contended that the Commission, while ruling that UGVCL had no role in delaying the plant's commissioning on June 28, 2021, went beyond the pleadings by examining the interconnection agreement and its consistency with GERC Net Metering Regulations 2020.
8DOMS Industries fights DGVCL at GERC for 180-day exclusion and refund on 2000 KVA connection delayed by sub-station shifting
DOMS Industries Limited filed Petition No. 2631 of 2026 before GERC on May 14, 2026, seeking exclusion of the delay period caused by DGVCL's Control Room Shifting works at the 66 kV Umbergaon Sub-Station from the 180-day timeline under Option-III, and consequently demanding refund of excess minimum demand charges. The manufacturer, which applied for a 2000 KVA power connection on June 6, 2024, argued that DGVCL's construction activities requiring a 3.60 km 66 kV underground cable line directly prevented site access.
8HPERC admits Batot Hydro Power petition seeking Rs. 59.38 lakh delayed payment penalty from HPSEBL; next hearing June 19
The Himachal Pradesh Electricity Regulatory Commission admitted Filing No. 148 of 2026 on May 15, 2026 in the matter of M/s Batot Hydro Power Ltd. versus HPSEBL, filed under Section 86(1)(f) of the Electricity Act, 2003 read with Regulation 75 of HPERC Conduct of Business Regulations, 2024. The petitioner seeks delayed payment penalty of Rs. 59,38,596 from the respondent. HPSEBL's Authorised Representative Sh. Kamlesh Saklani waived notice and sought two weeks for reply. The matter is listed for hearing on June 19, 2026 at 11:00 AM.
8HERC orders Amplus Sun 50 MW Khanak solar project tariff review with 0.50% annual degradation benchmark
HERC reviewed the tariff matter for Amplus Sun Solutions Private Limited's 50 MW solar project at Khanak, Bhiwani. The matter links Review Petition No. 7 of 2025, Petition No. 20 of 2026 and APTEL Appeal No. 362 of 2025. The Commission directed parties to agree on an independent agency for assessment using 0.50% annual degradation. The next hearing was fixed for May 26, 2026, with tariff determination to follow under Section 62 of the Electricity Act, 2003 for the Tosham, Bhiwani-located project.
8UPERC lists UPPCL-UPNEDA 2,553.5 MW feeder solarisation PPA case for June 18 hearing under RESCO mode
UPERC issued notice for Petition No. 2377 of 2026 filed by UPNEDA and UPPCL. The petition seeks approval of PPAs for grid-connected solar plants on segregated agriculture feeders. The cumulative capacity is 2,553.5 MW under RESCO mode feeder-level solarisation. The hearing is scheduled for June 18, 2026 at 11:00 hrs in Lucknow. The project aims to support agricultural feeder solarisation and provide daytime power supply to farmers across Uttar Pradesh under the PM-KUSUM and state schemes. Details
NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE
May 18:
QUARTERLY RESULTS
8Solar Industries India posts Q4 FY26 sales surge of 41% to Rs. 3,053 crore; defence revenue jumps 134% YoY
Solar Industries India Limited released its Q4 FY26 investor fact sheet showing quarterly net sales of Rs. 3,053 crore, up 41% from Rs. 2,167 crore in Q4 FY25. PAT jumped 61% to Rs. 556 crore and EBITDA rose 59% to Rs. 870 crore. The defence segment was the standout performer, surging 134% year-on-year to Rs. 1,008 crore and accounting for 33% of quarterly revenues, while international and overseas revenues grew 32% to Rs. 1,006 crore.
8Fujiyama Power Systems Q4 FY26 revenue climbs 87.5% to Rs. 9,008 million; PAT surges 107.5% to Rs. 1,063 million
Fujiyama Power Systems Limited announced its Q4 FY26 results with revenue from operations at Rs. 9,008 million, up 87.5% year-on-year from Rs. 4,803 million in Q4 FY25. EBITDA jumped 116.9% to Rs. 1,715 million with a margin of 19.0%, while PAT surged 107.5% to Rs. 1,063 million. FY26 full-year revenue reached Rs. 26,545 million (up 72.3%), supported by over 8,900 channel partners and a 1,200 MW TOPCon solar cell facility being set up at Ratlam, Madhya Pradesh.
8G R Infraprojects reports Q4 FY26 revenue of Rs. 2,521 crore, up 27% YoY; EBITDA margin compresses to 11%
G R Infraprojects Limited released the transcript of its Q4 FY26 earnings conference call held on May 12, 2026, hosted by HDFC Securities. CMD Ajendra Kumar Agarwal disclosed Q4 FY26 revenue from operations of approximately Rs. 2,521 crore, representing 27% year-on-year growth. However, adjusted EBITDA margin fell to approximately 11% from 15.5% in the comparable prior period, due to geopolitical uncertainty, supply chain pressures, commodity price volatility and global trade disruptions. The company repaid debt during the year as part of its financial discipline strategy.
8Orient Electric posts 10% Q4 FY26 revenue growth to Rs. 948 crore amid commodity inflation and labour shortage
Orient Electric Limited, a CKA Birla Group company, released the transcript of its Q4 FY26 earnings conference call hosted by Ambit Capital on May 8, 2026. MD and CEO Ravindra Singh Negi disclosed revenue from operations of Rs. 948 crore, up 10% year-on-year, amid headwinds including persistent commodity inflation, labour shortage, gas supply disruptions from the West Asia crisis, unseasonal rains slowing cooling product demand and elevated channel inventory prompting cautious dealer replenishment. Despite challenges, EBITDA margins improved further in the quarter.
8Empower India files unaudited Q3 FY26 financial results for period ended December 31, 2025 with limited review report
Empower India Limited, listed at Mumbai's Nawab Building, Fort, submitted its standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025 to BSE on May 15, 2026. The submission includes a Limited Review Report from Nagadheep Sathyanarayana & Co., Chartered Accountants, Bengaluru, following board approval of the outcome dated February 13, 2026. The company trades under BSE Scrip Code 504351 and Scrip ID EMPOWER.
ANNUAL RESULTS
8Solar Industries India achieves highest-ever FY26 sales of Rs. 9,838 crore, up 30%; PAT rises 35% to Rs. 1,737 crore
Solar Industries India Limited announced record FY26 results on May 15, 2026: net revenue of Rs. 9,838 crore (up 30% YoY), EBITDA of Rs. 2,750 crore (up 35%, margin 27.95%), PBT of Rs. 2,365 crore (up 36%) and PAT of Rs. 1,737 crore (up 35%, margin 17.65%). The Defence vertical delivered the highest-ever quarterly revenue of Rs. 1,008 crore and annual defence revenue of Rs. 2,634 crore (up 94%), with management guiding for defence revenue exceeding Rs. 4,500 crore in FY27. Order book stands at Rs. 21,300 crore.
8Fujiyama Power Systems FY26 revenue jumps 72.3% to Rs. 26,545 million; commissions 1 GW MonoPERC DCR solar cell facility
Fujiyama Power Systems Limited presented at an analysts and investors meet on May 15, 2026 highlighting its FY26 revenue from operations of Rs. 26,545 million, a 72.3% year-on-year jump from Rs. 15,407 million. The company commissioned a 1 GW MonoPERC DCR solar cell manufacturing facility to tap into the Rs. 20,000 crore PM Surya Ghar Yojana opportunity, with 7 million-plus residential solar installations still untapped. Q4 FY26 PAT surged 107.5% to Rs. 1,063 million and EBITDA margin reached 19.0%.
8SJVN issues corrigendum to FY26 financial results correcting typographical error labelling figures as Unaudited at three places
SJVN Limited, a Navratna CPSE and joint venture of Government of India and Government of Himachal Pradesh, issued a corrigendum on May 16, 2026 to its FY26 and Q4 financial results submitted on May 15, 2026. Three inadvertent typographical errors were identified at pages 11, 20 and 24 where the headings should read Audited instead of Unaudited. No financial figures, audit report, disclosures or other information were changed. The company's CIN is L40101HP1988GOI008409 and it trades on NSE as SJVN-EQ.
8Jaiprakash Power Ventures reports FY26 total income of Rs. 5,790.85 crore and net worth of Rs. 12,721 crore as on March 31
Jaiprakash Power Ventures Limited announced on May 16, 2026 that its Board of Directors, at a 50-minute meeting from 4:00 PM to 4:50 PM, approved surrendering two coal mines to the concerned government authority subject to lender approvals. The Amelia (North) Coal Mine held total assets of Rs. 222.16 crore, while the Bandha North Coal Mine had an investment value of Rs. 92.52 crore as on March 31, 2026 against the company's net worth of Rs. 12,721 crore and total income of Rs. 5,790.85 crore.
DIVIDEND & BOARD DECISIONS
8Solar Industries India recommends final dividend of Rs. 11 per equity share at 550% payout for FY 2025-26
Solar Industries India Limited announced its audited FY26 results on May 15, 2026, reporting net sales of Rs. 9,838 crore, up 30% year-on-year from Rs. 7,540 crore. Full year PAT rose 35% to Rs. 1,737 crore, while EBITDA climbed 35% to Rs. 2,750 crore with a margin of 27.95%. The board also recommended a final dividend of Rs. 11 per equity share (550% on the face value of Rs. 2) for FY 2025-26, rewarding shareholders amid the company's strong financial performance and growing defence segment contribution.
8Premier Energies board approves Rs. 5,000 crore QIP fundraise; appoints Hitesh Kumar Jain as new Company Secretary
Hyderabad-based Premier Energies Limited announced on May 15, 2026 that its board approved raising up to Rs. 5,000 crore through Qualified Institutional Placement or other permissible modes. In the same meeting, the board noted the resignation of Company Secretary Mr. Ravella Sreenivasarao and appointed Mr. Hitesh Kumar Jain (ICSI No. A24341) as the new Compliance Officer effective May 16, 2026. The company trades on BSE under code 544238 and on NSE as PREMIERENE.
8Power Finance Corporation board approves merger of REC into PFC; seeks President of India approval to preserve government status
Power Finance Corporation Limited disclosed on May 16, 2026 that its Board has reserved the proposal for merger of REC Limited into PFC under Sections 230-232 of the Companies Act, 2013, and authorised the CMD to seek the Hon'ble President of India's approval. The merger exchange ratio is to be determined by duly appointed valuers. Upon completion, all assets and liabilities of REC will transfer to PFC, and REC will stand dissolved. The trading window for PFC equity shares and listed debt securities continues to remain closed until further orders.
8REC Limited board approves merger into Power Finance Corporation; merged entity to retain government company status
REC Limited, a Maharatna Government of India enterprise, disclosed on May 16, 2026 that its board has reserved the proposal for merger of REC into Power Finance Corporation Limited under Sections 230-232 of the Companies Act, 2013 and authorised its CMD to seek approval of the Hon'ble President of India. Post-merger, all assets and liabilities of REC will transfer to PFC, with the merged entity required to retain its status as a Government Company. REC trades on NSE as RECLTD and on BSE under code 532955.
8Jaiprakash Power Ventures board approves surrender of two coal mines worth Rs. 314.68 crore in book value subject to lender approval
Jaiprakash Power Ventures Limited announced that its Board approved surrendering the Amelia (North) Coal Mine (total assets Rs. 222.16 crore, including net tangible assets Rs. 129.58 crore, intangible mining rights Rs. 78.93 crore and CWIP Rs. 13.65 crore) and the Bandha North Coal Mine (investment value Rs. 92.52 crore). The surrender is subject to lender approvals and concerned government authority clearance. The decision was taken at a 50-minute meeting on May 16, 2026 against the company's net worth of Rs. 12,721 crore.
8KPI Green Energy appoints Rajesh Shrivastava as Whole-Time Director for 5 years; veteran handled 30 GW+ power projects
KPI Green Energy Limited held a 27-minute board meeting on May 15, 2026 and approved the appointment of Mr. Rajesh Shrivastava (DIN: 08757239) as Additional Director and Whole-Time Director for 5 years, and re-appointment of Mrs. Venu Birappa as Independent Director for a second term of 5 consecutive years effective August 3, 2026. Mr. Shrivastava brings nearly 37 years of experience across power, infrastructure and renewable energy sectors, having been associated with more than 30 GW of power projects including over 10 GW of renewables.
8Solar Industries India appoints former IRS officer Reena Jha Tripathi as Independent Director for 5-year term
Solar Industries India Limited appointed Smt. Reena Jha Tripathi (DIN: 11022528) as an Additional Non-Executive Independent Director for a first term of 5 years effective May 15, 2026. A 1988-batch IRS officer who superannuated in January 2025 at Level 17 (Apex Scale) after 36-plus years in tax administration, she holds executive education credentials from IIM Bangalore, Syracuse University and Hull Business School. The company trades on NSE as SOLARINDS and BSE under code 532725.
EARNINGS CALL & ANALYST MEET
8Hitachi Energy India schedules May 26 Investor Day in Mumbai; board meets May 25 for FY26 audited results
Hitachi Energy India Limited announced on May 15, 2026 that its board will meet on May 25, 2026 to consider audited financial results and dividend recommendation for FY ended March 31, 2026. An investor and analyst conference call is set for May 26, 2026 from 12:00 to 13:00 IST, with Managing Director Mr. N Venu and CFO Mr. Ajay Singh participating, accessible via toll-free numbers from India, USA, UK, Singapore and Hong Kong. The company also hosts its Powering India's Next 25 Investor Day event on the same date.
8Ola Electric reschedules Q4 FY26 board meeting from May 18 to May 20, 2026; earnings call shifted to 5:00 PM IST
Ola Electric Mobility Limited informed exchanges on May 16, 2026 that its board meeting to consider audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, originally scheduled for May 18, has been rescheduled to Wednesday, May 20, 2026. The earnings conference call has also been rescheduled to May 20 at 5:00 PM IST featuring Founder, Chairman and Managing Director Mr. Bhavish Aggarwal and CFO Mr. Deepak Rastogi via Diamond Pass Link through the Ola Zoom platform.
8Power Mech Projects schedules May 20 board meeting to approve Q4 and FY26 audited results and dividend recommendation
Power Mech Projects Limited informed BSE and NSE on May 15, 2026 that its Board of Directors meeting is scheduled for Wednesday, May 20, 2026, to consider and approve audited standalone and consolidated financial results and balance sheet for Q4 and FY ended March 31, 2026, and to recommend dividend, if any, for FY 2025-26. The trading window has been closed since April 1, 2026 and will remain closed until May 22, 2026 inclusive, as communicated in the company's letter dated March 25, 2026.
CREDIT RATING & ANALYST REPORT
8CARE Ratings confirms zero deviation in Inox Wind Rs. 1,249.33 crore rights issue utilisation for quarter ended March 31, 2026
Inox Wind Limited submitted the Monitoring Agency Report for Q4 FY26 issued by CARE Ratings Limited (Report No. CARE/NRO/GEN/2026-27/1046), in relation to utilisation of proceeds raised through its Rights Issue aggregating Rs. 1,249.33 crore, under Monitoring Agency Agreement dated July 17, 2025. The report confirmed zero deviation from the stated objects and was reviewed and approved by the Audit Committee and Board at their meetings held on May 14, 2026. The company trades on BSE under code 539083 and NSE as INOXWIND. Details
8Solar Industries India posts Q4 FY26 sales surge of 41% to Rs. 3,053 crore; defence revenue jumps 134% YoY
Solar Industries India Limited released its Q4 FY26 investor fact sheet showing quarterly net sales of Rs. 3,053 crore, up 41% from Rs. 2,167 crore in Q4 FY25. PAT jumped 61% to Rs. 556 crore and EBITDA rose 59% to Rs. 870 crore. The defence segment was the standout performer, surging 134% year-on-year to Rs. 1,008 crore and accounting for 33% of quarterly revenues, while international and overseas revenues grew 32% to Rs. 1,006 crore.
8Fujiyama Power Systems Q4 FY26 revenue climbs 87.5% to Rs. 9,008 million; PAT surges 107.5% to Rs. 1,063 million
Fujiyama Power Systems Limited announced its Q4 FY26 results with revenue from operations at Rs. 9,008 million, up 87.5% year-on-year from Rs. 4,803 million in Q4 FY25. EBITDA jumped 116.9% to Rs. 1,715 million with a margin of 19.0%, while PAT surged 107.5% to Rs. 1,063 million. FY26 full-year revenue reached Rs. 26,545 million (up 72.3%), supported by over 8,900 channel partners and a 1,200 MW TOPCon solar cell facility being set up at Ratlam, Madhya Pradesh.
8G R Infraprojects reports Q4 FY26 revenue of Rs. 2,521 crore, up 27% YoY; EBITDA margin compresses to 11%
G R Infraprojects Limited released the transcript of its Q4 FY26 earnings conference call held on May 12, 2026, hosted by HDFC Securities. CMD Ajendra Kumar Agarwal disclosed Q4 FY26 revenue from operations of approximately Rs. 2,521 crore, representing 27% year-on-year growth. However, adjusted EBITDA margin fell to approximately 11% from 15.5% in the comparable prior period, due to geopolitical uncertainty, supply chain pressures, commodity price volatility and global trade disruptions. The company repaid debt during the year as part of its financial discipline strategy.
8Orient Electric posts 10% Q4 FY26 revenue growth to Rs. 948 crore amid commodity inflation and labour shortage
Orient Electric Limited, a CKA Birla Group company, released the transcript of its Q4 FY26 earnings conference call hosted by Ambit Capital on May 8, 2026. MD and CEO Ravindra Singh Negi disclosed revenue from operations of Rs. 948 crore, up 10% year-on-year, amid headwinds including persistent commodity inflation, labour shortage, gas supply disruptions from the West Asia crisis, unseasonal rains slowing cooling product demand and elevated channel inventory prompting cautious dealer replenishment. Despite challenges, EBITDA margins improved further in the quarter.
8Empower India files unaudited Q3 FY26 financial results for period ended December 31, 2025 with limited review report
Empower India Limited, listed at Mumbai's Nawab Building, Fort, submitted its standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025 to BSE on May 15, 2026. The submission includes a Limited Review Report from Nagadheep Sathyanarayana & Co., Chartered Accountants, Bengaluru, following board approval of the outcome dated February 13, 2026. The company trades under BSE Scrip Code 504351 and Scrip ID EMPOWER.
ANNUAL RESULTS
8Solar Industries India achieves highest-ever FY26 sales of Rs. 9,838 crore, up 30%; PAT rises 35% to Rs. 1,737 crore
Solar Industries India Limited announced record FY26 results on May 15, 2026: net revenue of Rs. 9,838 crore (up 30% YoY), EBITDA of Rs. 2,750 crore (up 35%, margin 27.95%), PBT of Rs. 2,365 crore (up 36%) and PAT of Rs. 1,737 crore (up 35%, margin 17.65%). The Defence vertical delivered the highest-ever quarterly revenue of Rs. 1,008 crore and annual defence revenue of Rs. 2,634 crore (up 94%), with management guiding for defence revenue exceeding Rs. 4,500 crore in FY27. Order book stands at Rs. 21,300 crore.
8Fujiyama Power Systems FY26 revenue jumps 72.3% to Rs. 26,545 million; commissions 1 GW MonoPERC DCR solar cell facility
Fujiyama Power Systems Limited presented at an analysts and investors meet on May 15, 2026 highlighting its FY26 revenue from operations of Rs. 26,545 million, a 72.3% year-on-year jump from Rs. 15,407 million. The company commissioned a 1 GW MonoPERC DCR solar cell manufacturing facility to tap into the Rs. 20,000 crore PM Surya Ghar Yojana opportunity, with 7 million-plus residential solar installations still untapped. Q4 FY26 PAT surged 107.5% to Rs. 1,063 million and EBITDA margin reached 19.0%.
8SJVN issues corrigendum to FY26 financial results correcting typographical error labelling figures as Unaudited at three places
SJVN Limited, a Navratna CPSE and joint venture of Government of India and Government of Himachal Pradesh, issued a corrigendum on May 16, 2026 to its FY26 and Q4 financial results submitted on May 15, 2026. Three inadvertent typographical errors were identified at pages 11, 20 and 24 where the headings should read Audited instead of Unaudited. No financial figures, audit report, disclosures or other information were changed. The company's CIN is L40101HP1988GOI008409 and it trades on NSE as SJVN-EQ.
8Jaiprakash Power Ventures reports FY26 total income of Rs. 5,790.85 crore and net worth of Rs. 12,721 crore as on March 31
Jaiprakash Power Ventures Limited announced on May 16, 2026 that its Board of Directors, at a 50-minute meeting from 4:00 PM to 4:50 PM, approved surrendering two coal mines to the concerned government authority subject to lender approvals. The Amelia (North) Coal Mine held total assets of Rs. 222.16 crore, while the Bandha North Coal Mine had an investment value of Rs. 92.52 crore as on March 31, 2026 against the company's net worth of Rs. 12,721 crore and total income of Rs. 5,790.85 crore.
DIVIDEND & BOARD DECISIONS
8Solar Industries India recommends final dividend of Rs. 11 per equity share at 550% payout for FY 2025-26
Solar Industries India Limited announced its audited FY26 results on May 15, 2026, reporting net sales of Rs. 9,838 crore, up 30% year-on-year from Rs. 7,540 crore. Full year PAT rose 35% to Rs. 1,737 crore, while EBITDA climbed 35% to Rs. 2,750 crore with a margin of 27.95%. The board also recommended a final dividend of Rs. 11 per equity share (550% on the face value of Rs. 2) for FY 2025-26, rewarding shareholders amid the company's strong financial performance and growing defence segment contribution.
8Premier Energies board approves Rs. 5,000 crore QIP fundraise; appoints Hitesh Kumar Jain as new Company Secretary
Hyderabad-based Premier Energies Limited announced on May 15, 2026 that its board approved raising up to Rs. 5,000 crore through Qualified Institutional Placement or other permissible modes. In the same meeting, the board noted the resignation of Company Secretary Mr. Ravella Sreenivasarao and appointed Mr. Hitesh Kumar Jain (ICSI No. A24341) as the new Compliance Officer effective May 16, 2026. The company trades on BSE under code 544238 and on NSE as PREMIERENE.
8Power Finance Corporation board approves merger of REC into PFC; seeks President of India approval to preserve government status
Power Finance Corporation Limited disclosed on May 16, 2026 that its Board has reserved the proposal for merger of REC Limited into PFC under Sections 230-232 of the Companies Act, 2013, and authorised the CMD to seek the Hon'ble President of India's approval. The merger exchange ratio is to be determined by duly appointed valuers. Upon completion, all assets and liabilities of REC will transfer to PFC, and REC will stand dissolved. The trading window for PFC equity shares and listed debt securities continues to remain closed until further orders.
8REC Limited board approves merger into Power Finance Corporation; merged entity to retain government company status
REC Limited, a Maharatna Government of India enterprise, disclosed on May 16, 2026 that its board has reserved the proposal for merger of REC into Power Finance Corporation Limited under Sections 230-232 of the Companies Act, 2013 and authorised its CMD to seek approval of the Hon'ble President of India. Post-merger, all assets and liabilities of REC will transfer to PFC, with the merged entity required to retain its status as a Government Company. REC trades on NSE as RECLTD and on BSE under code 532955.
8Jaiprakash Power Ventures board approves surrender of two coal mines worth Rs. 314.68 crore in book value subject to lender approval
Jaiprakash Power Ventures Limited announced that its Board approved surrendering the Amelia (North) Coal Mine (total assets Rs. 222.16 crore, including net tangible assets Rs. 129.58 crore, intangible mining rights Rs. 78.93 crore and CWIP Rs. 13.65 crore) and the Bandha North Coal Mine (investment value Rs. 92.52 crore). The surrender is subject to lender approvals and concerned government authority clearance. The decision was taken at a 50-minute meeting on May 16, 2026 against the company's net worth of Rs. 12,721 crore.
8KPI Green Energy appoints Rajesh Shrivastava as Whole-Time Director for 5 years; veteran handled 30 GW+ power projects
KPI Green Energy Limited held a 27-minute board meeting on May 15, 2026 and approved the appointment of Mr. Rajesh Shrivastava (DIN: 08757239) as Additional Director and Whole-Time Director for 5 years, and re-appointment of Mrs. Venu Birappa as Independent Director for a second term of 5 consecutive years effective August 3, 2026. Mr. Shrivastava brings nearly 37 years of experience across power, infrastructure and renewable energy sectors, having been associated with more than 30 GW of power projects including over 10 GW of renewables.
8Solar Industries India appoints former IRS officer Reena Jha Tripathi as Independent Director for 5-year term
Solar Industries India Limited appointed Smt. Reena Jha Tripathi (DIN: 11022528) as an Additional Non-Executive Independent Director for a first term of 5 years effective May 15, 2026. A 1988-batch IRS officer who superannuated in January 2025 at Level 17 (Apex Scale) after 36-plus years in tax administration, she holds executive education credentials from IIM Bangalore, Syracuse University and Hull Business School. The company trades on NSE as SOLARINDS and BSE under code 532725.
EARNINGS CALL & ANALYST MEET
8Hitachi Energy India schedules May 26 Investor Day in Mumbai; board meets May 25 for FY26 audited results
Hitachi Energy India Limited announced on May 15, 2026 that its board will meet on May 25, 2026 to consider audited financial results and dividend recommendation for FY ended March 31, 2026. An investor and analyst conference call is set for May 26, 2026 from 12:00 to 13:00 IST, with Managing Director Mr. N Venu and CFO Mr. Ajay Singh participating, accessible via toll-free numbers from India, USA, UK, Singapore and Hong Kong. The company also hosts its Powering India's Next 25 Investor Day event on the same date.
8Ola Electric reschedules Q4 FY26 board meeting from May 18 to May 20, 2026; earnings call shifted to 5:00 PM IST
Ola Electric Mobility Limited informed exchanges on May 16, 2026 that its board meeting to consider audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, originally scheduled for May 18, has been rescheduled to Wednesday, May 20, 2026. The earnings conference call has also been rescheduled to May 20 at 5:00 PM IST featuring Founder, Chairman and Managing Director Mr. Bhavish Aggarwal and CFO Mr. Deepak Rastogi via Diamond Pass Link through the Ola Zoom platform.
8Power Mech Projects schedules May 20 board meeting to approve Q4 and FY26 audited results and dividend recommendation
Power Mech Projects Limited informed BSE and NSE on May 15, 2026 that its Board of Directors meeting is scheduled for Wednesday, May 20, 2026, to consider and approve audited standalone and consolidated financial results and balance sheet for Q4 and FY ended March 31, 2026, and to recommend dividend, if any, for FY 2025-26. The trading window has been closed since April 1, 2026 and will remain closed until May 22, 2026 inclusive, as communicated in the company's letter dated March 25, 2026.
CREDIT RATING & ANALYST REPORT
8CARE Ratings confirms zero deviation in Inox Wind Rs. 1,249.33 crore rights issue utilisation for quarter ended March 31, 2026
Inox Wind Limited submitted the Monitoring Agency Report for Q4 FY26 issued by CARE Ratings Limited (Report No. CARE/NRO/GEN/2026-27/1046), in relation to utilisation of proceeds raised through its Rights Issue aggregating Rs. 1,249.33 crore, under Monitoring Agency Agreement dated July 17, 2025. The report confirmed zero deviation from the stated objects and was reviewed and approved by the Audit Committee and Board at their meetings held on May 14, 2026. The company trades on BSE under code 539083 and NSE as INOXWIND. Details
Daily forward looking import matrices
May 18:
It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details
Daily Power Sector Tenders Excel update
May 18:
8Daily Excel covering new tenders and all published updates including corrigendum, amendment, addendum, clarification and status revisions, along with technical and financial bid opening, evaluation completion and final award actions including AOC and LOA issuance.
Click on Reports for more Details
Click on Reports for more Details
Download tenders and news clips
May 18:
For reference purposes the website carries here the following tenders:
8Tender for setting up 2x50 MW solar power project Details
8Tender for D-check of 625 KVA DG set installed Details
8Tender for supply of 11 kV and 33 kV polymer AB switches Details
8Tender for supply of L.T. distribution boxes suitable for 25KVA distribution transformers Details
8Tender for supply of 11kV and 33kV, single and multi circuit control and relay panels Details
8Tender for supply of L.T. distribution boxes suitable for 63 KVA and 100 KVA rating DTRs Details
8Tender for annual watch and ward and patrolling services at HCSD and bottom ash pond Details
8Tender for work contract for routine, schedule, preventive and breakdown maintenance of coal mill and coal pipe Details
8Tender for work contract for AOH COH of non pressure parts of boiler Details
8Tender for procurement of hard facing welding electrodes for coal burner assembly Details
8Tender for procurement of spares of 6.6kV vacuum circuit breakers Details
8Tender for supply, installation, commissioning and retrofitting of new electronic actuators for boiler feed pump Details
8Tender for rate contract (RC) for drone thermography for solar projects Details
8Tender for cable laying for IT network Details
8Tender for biennial maintenance contract for electrical repair and maintenance works Details
8Tender for supplying and laying of galvalume /poly carbonate roofing sheets Details
8Tender for supply of night vision IR cameras and laying of cables Details
8Tender for demolition of damaged/obsolete overhead RCC water storage tank Details
8Tender for capital overhauling of HIP and LP turbines Details
8Tender for erection, testing, commissioning, trial operation and handing over of steam turbine generator condenser with all auxiliaries Details
8Tender for supply, installation, testing and commissioning of Nine Nos SMAs and one no seismometer to replace existing non functioning units Details
8Tender for special estimate for painting of RHR gates (upper and lower) of bay Details
8Tender for maintenance of municipal services and camp sanitation Details
8Tender for additional secondary DATA telemetry link for 400kV switchyard Details
8Tender for upgradation of rockwell automation PLCs HMI systems Details
8Tender for supplying of conveyor belts Details
8Tender for supply of conveyor spare pulleys Details
8Tender for annual rate contract (ARC) for civil works Details
8Tender for replacement of fire water pump Details
8Tender for work of annual electrical maintenance (excluding complete wiring/renovation) work Details
8Tender for procurement of ISI marked ACSR wolf conductor Details
8Tender for procurement of rail pole 13 mtr long 60 kg per mtr Details
8Tender for routine repair and maintenance of civil structures and allied works Details
8Tender for replacement of the existing damaged chiller plant insulation Details
8Tender for overhauling, repair and maintenance of surge shaft gantry crane and DT gantry crane Details
8Tender for replacement of deteriorated, damaged false ceiling of power house Details
8Tender for construction of retaining structures at multiple spots including allied works along Details
8Tender for installation of pending half cover (steel) for surge shaft Details
8Tender for balance work, replacement of damaged GI roofing of power house Details
8Tender for regarding the supply, installation, testing, and commissioning of high mast lights Details
8Tender for replacement of weasel conductor Details
8Tender for works contract for carrying out HT /LT DCW improvement and capital extension works Details
8Tender for supply of poly aluminium chloride Details
8Tender for spares of TIL cranes (10T and 25T) spares Details
8Tender for hot line water washing of (four cycles) 220 kV switchyard Details
8Tender for Re-construction of and other allied civil works Details
8Tender for O&M of the PT plant, DM plant, SWAS, CPU, ETP, operation of chlorination only, coal sampling Details
8Tender for construction of IPB path and other allied civil work Details
8Tender for reconductoring of HT/OH AB Details
8Design, manufacturing, supply, testing supervision of erection and commissioning of 245kV pantograph isolator Details
8Tender for reconductoring of 11kV line Details
8Tender for reconductoring 0f 110 kV BRKV and NVKV feeders with HTLS conductor Details
8Tender for upgradation of 66kV substation Details
8Tender for supply of 100AH VRLA 13 sets and 200AH tubular battery 37 sets Details
8Tender for reconductoring 11kV OH line by HT covered conductor Details
8Tender for capacity addition 110/11 kV 12.5 MVA transformer Details
8Design, engineering, manufacturing factory test supply supervision of installation and commissioning of 11kV RMUs Details
8Tender for stringing of HT ABC 150 sq.mm Details
8Tender for work of extension of switch house Details
8Tender for work of providing and fixing switch disconnector unit, replacing wiring, new wiring Details
8Tender for procurement of gear boxes for conveyor system Details
8Tender for work of reclamation of 2060 cubic meter spilled coal/biomass and desilting of drains Details
8Tender for procurement of MS ERW pipes and fittings etc. Details
8Tender for procurement of conveyor belt Details
8Tender for biennial maintenance contract for miscellaneous civil work Details
8Tender for service contract for servicing, cleaning, overhauling of deaerator Details
8Tender for operation of AHP along with lagoon and recovery water system Details
8Tender for construction of ICBP surfacing on the existing Details
8Tender for sale of dry fly ash Details
8Tender for construction of new open shed cum store at 132/33kV GSS Details
8Tender for OPGW connectivity between 132kV GSS Details
8Tender for turnkey construction of one no. of 33kV feeder bay including civil works Details
8Tender for construction and restoration of chain linked fencing Details
8Tender for work of maintenance and repairing of fire line protection system Details
8Tender for providing transformer plinth & other equipment (HV/LV) plinth, cable duct & other civil works Details
8Tender for providing foundation concrete for structure plinth & gravel filling Details
8Tender for supply and renewal of cooling water pipe lines and its fittings Details
8Tender for procurement of lanxess reolube turbo fluid Details
8Tender for procurement of 200 nos. of 110kV outdoor SF6 breaker Details
8Tender for procurement of HS straight joint kit, outdoor and indoor termination kit suitable for 11 kV 3 X 300 sqmm XLPE cable Details
8Tender for work of repair, maintenance and annual maintenance contract (AMC) of 33 kV CB and CR panels Details
8Tender for work of rectification of findings observed in health analysis of existing earthing system Details
8Tender for work of carrying out the earthing audit (health assessment) of existing mat and earthing electrode Details
8Tender for construction of control room foundations, cable trench Details
8Tender for supply of ceramic lined fuel inlet elbow (short & long) for boiler Details
8Tender for Bi annual up keeping & housekeeping of control room, switch yard Details
8Tender for supply of various type of HT/SS fasteners Details
8Tender for construction of retaining wall around coal sampling room Details
8Tender for supply, erection, testing and commissioning of 360 V DC, 515AH, KBH, Ni-Cd type battery set Details
8Tender for supply of waterproofing materials Details
8Tender for work of constructions of new maintenance free earth pit Details
8Tender for purchase of various L&T make contactors/relays Details
8Tender for procurement of various HT & LT power cable and control cable Details
8Tender for removing, providing and fixing side cladding Details
8Tender for work of purification/filtration of lubrication oil for T-G auxiliaries & hydraulic fluid Details
8Tender for Bi-annual rate contract for shifting/modification work of existing various 66/132/220kV class transmission lines Details
8Tender for work of overhauling of low pressure valves Details
8Tender for work of overhauling of various pumps Details
8Tender for hot line stringing of 66 kV line Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8JSW Cement, Ola electric and 8 Other Stocks Announcing Q4 Results today Details
8Biogas scheme falls far short of target, scuppers green energy dreams Details
8JSW Energy, WPIL, Rajratan Global Wire Grow Despite Indian Market Caution Details
8New Hope Corporation Q3 FY26 Coal Output and Profit Update Details
8India’s coal gasification ambitions gain momentum; technology and coal quality challenges remain Details
8These boring industrial suppliers have 30%+ margins, sticky revenues, and a structural policy tailwind. Time to watch them. Details
8Coal gas can yield clean hydrogen at $1.25 a kg Details
8Arvind Virmani's Dual Energy Plan for India: Costs Up, Green Push Details
8Chhattisgarh launches Dweepti Yojana to empower rural women in clean energy sector Details
83.2 GW Coal Project Faces Fresh Setback As Regulator Withholds Approval Details
8Centre Clears 13 Lakh Rooftop Solar Installations Under ULA Model Details
8Prudential to Buy 75% Stake in Bharti Life, Targeting India Market Details
8Oswal Pumps highlights robust growth in solar pump manufacturing Details
8Genus Power and 4 Other Stocks to Benefit as India’s Smart Meter Rollout Could Extend Till 2028 Details
8NTPC chief cautions against dependence on single supplier for nuclear tech Details
8Adani Power Limited Incorporates Wholly Owned Subsidiary Integrated Power Supply Limited Details
8Can water help India slash its Rs 1.7 lakh crore oil bill Monaco firm makes big fuel-tech claim Details
8CM Joseph Vijay set to review TNEB’s finances ahead of tariff hike Details
8NTPC chief cautions against single-supplier dependency in India’s 100 GW nuclear push Details
8CEA Proposes Higher Fixed Charges on Power Bills Details
8India's Rs 1.7 lakh crore fuel crisis may have found an unlikely fix - water Details
8Guarding Against Technological Dependence: India's Nuclear Power Vision Details
8REC–PFC Merger Proposal Approved for Presidential Nod; Board Clears Key Structural Steps Details
You can also click on Newsclips for more Details
8Tender for setting up 2x50 MW solar power project Details
8Tender for D-check of 625 KVA DG set installed Details
8Tender for supply of 11 kV and 33 kV polymer AB switches Details
8Tender for supply of L.T. distribution boxes suitable for 25KVA distribution transformers Details
8Tender for supply of 11kV and 33kV, single and multi circuit control and relay panels Details
8Tender for supply of L.T. distribution boxes suitable for 63 KVA and 100 KVA rating DTRs Details
8Tender for annual watch and ward and patrolling services at HCSD and bottom ash pond Details
8Tender for work contract for routine, schedule, preventive and breakdown maintenance of coal mill and coal pipe Details
8Tender for work contract for AOH COH of non pressure parts of boiler Details
8Tender for procurement of hard facing welding electrodes for coal burner assembly Details
8Tender for procurement of spares of 6.6kV vacuum circuit breakers Details
8Tender for supply, installation, commissioning and retrofitting of new electronic actuators for boiler feed pump Details
8Tender for rate contract (RC) for drone thermography for solar projects Details
8Tender for cable laying for IT network Details
8Tender for biennial maintenance contract for electrical repair and maintenance works Details
8Tender for supplying and laying of galvalume /poly carbonate roofing sheets Details
8Tender for supply of night vision IR cameras and laying of cables Details
8Tender for demolition of damaged/obsolete overhead RCC water storage tank Details
8Tender for capital overhauling of HIP and LP turbines Details
8Tender for erection, testing, commissioning, trial operation and handing over of steam turbine generator condenser with all auxiliaries Details
8Tender for supply, installation, testing and commissioning of Nine Nos SMAs and one no seismometer to replace existing non functioning units Details
8Tender for special estimate for painting of RHR gates (upper and lower) of bay Details
8Tender for maintenance of municipal services and camp sanitation Details
8Tender for additional secondary DATA telemetry link for 400kV switchyard Details
8Tender for upgradation of rockwell automation PLCs HMI systems Details
8Tender for supplying of conveyor belts Details
8Tender for supply of conveyor spare pulleys Details
8Tender for annual rate contract (ARC) for civil works Details
8Tender for replacement of fire water pump Details
8Tender for work of annual electrical maintenance (excluding complete wiring/renovation) work Details
8Tender for procurement of ISI marked ACSR wolf conductor Details
8Tender for procurement of rail pole 13 mtr long 60 kg per mtr Details
8Tender for routine repair and maintenance of civil structures and allied works Details
8Tender for replacement of the existing damaged chiller plant insulation Details
8Tender for overhauling, repair and maintenance of surge shaft gantry crane and DT gantry crane Details
8Tender for replacement of deteriorated, damaged false ceiling of power house Details
8Tender for construction of retaining structures at multiple spots including allied works along Details
8Tender for installation of pending half cover (steel) for surge shaft Details
8Tender for balance work, replacement of damaged GI roofing of power house Details
8Tender for regarding the supply, installation, testing, and commissioning of high mast lights Details
8Tender for replacement of weasel conductor Details
8Tender for works contract for carrying out HT /LT DCW improvement and capital extension works Details
8Tender for supply of poly aluminium chloride Details
8Tender for spares of TIL cranes (10T and 25T) spares Details
8Tender for hot line water washing of (four cycles) 220 kV switchyard Details
8Tender for Re-construction of and other allied civil works Details
8Tender for O&M of the PT plant, DM plant, SWAS, CPU, ETP, operation of chlorination only, coal sampling Details
8Tender for construction of IPB path and other allied civil work Details
8Tender for reconductoring of HT/OH AB Details
8Design, manufacturing, supply, testing supervision of erection and commissioning of 245kV pantograph isolator Details
8Tender for reconductoring of 11kV line Details
8Tender for reconductoring 0f 110 kV BRKV and NVKV feeders with HTLS conductor Details
8Tender for upgradation of 66kV substation Details
8Tender for supply of 100AH VRLA 13 sets and 200AH tubular battery 37 sets Details
8Tender for reconductoring 11kV OH line by HT covered conductor Details
8Tender for capacity addition 110/11 kV 12.5 MVA transformer Details
8Design, engineering, manufacturing factory test supply supervision of installation and commissioning of 11kV RMUs Details
8Tender for stringing of HT ABC 150 sq.mm Details
8Tender for work of extension of switch house Details
8Tender for work of providing and fixing switch disconnector unit, replacing wiring, new wiring Details
8Tender for procurement of gear boxes for conveyor system Details
8Tender for work of reclamation of 2060 cubic meter spilled coal/biomass and desilting of drains Details
8Tender for procurement of MS ERW pipes and fittings etc. Details
8Tender for procurement of conveyor belt Details
8Tender for biennial maintenance contract for miscellaneous civil work Details
8Tender for service contract for servicing, cleaning, overhauling of deaerator Details
8Tender for operation of AHP along with lagoon and recovery water system Details
8Tender for construction of ICBP surfacing on the existing Details
8Tender for sale of dry fly ash Details
8Tender for construction of new open shed cum store at 132/33kV GSS Details
8Tender for OPGW connectivity between 132kV GSS Details
8Tender for turnkey construction of one no. of 33kV feeder bay including civil works Details
8Tender for construction and restoration of chain linked fencing Details
8Tender for work of maintenance and repairing of fire line protection system Details
8Tender for providing transformer plinth & other equipment (HV/LV) plinth, cable duct & other civil works Details
8Tender for providing foundation concrete for structure plinth & gravel filling Details
8Tender for supply and renewal of cooling water pipe lines and its fittings Details
8Tender for procurement of lanxess reolube turbo fluid Details
8Tender for procurement of 200 nos. of 110kV outdoor SF6 breaker Details
8Tender for procurement of HS straight joint kit, outdoor and indoor termination kit suitable for 11 kV 3 X 300 sqmm XLPE cable Details
8Tender for work of repair, maintenance and annual maintenance contract (AMC) of 33 kV CB and CR panels Details
8Tender for work of rectification of findings observed in health analysis of existing earthing system Details
8Tender for work of carrying out the earthing audit (health assessment) of existing mat and earthing electrode Details
8Tender for construction of control room foundations, cable trench Details
8Tender for supply of ceramic lined fuel inlet elbow (short & long) for boiler Details
8Tender for Bi annual up keeping & housekeeping of control room, switch yard Details
8Tender for supply of various type of HT/SS fasteners Details
8Tender for construction of retaining wall around coal sampling room Details
8Tender for supply, erection, testing and commissioning of 360 V DC, 515AH, KBH, Ni-Cd type battery set Details
8Tender for supply of waterproofing materials Details
8Tender for work of constructions of new maintenance free earth pit Details
8Tender for purchase of various L&T make contactors/relays Details
8Tender for procurement of various HT & LT power cable and control cable Details
8Tender for removing, providing and fixing side cladding Details
8Tender for work of purification/filtration of lubrication oil for T-G auxiliaries & hydraulic fluid Details
8Tender for Bi-annual rate contract for shifting/modification work of existing various 66/132/220kV class transmission lines Details
8Tender for work of overhauling of low pressure valves Details
8Tender for work of overhauling of various pumps Details
8Tender for hot line stringing of 66 kV line Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8JSW Cement, Ola electric and 8 Other Stocks Announcing Q4 Results today Details
8Biogas scheme falls far short of target, scuppers green energy dreams Details
8JSW Energy, WPIL, Rajratan Global Wire Grow Despite Indian Market Caution Details
8New Hope Corporation Q3 FY26 Coal Output and Profit Update Details
8India’s coal gasification ambitions gain momentum; technology and coal quality challenges remain Details
8These boring industrial suppliers have 30%+ margins, sticky revenues, and a structural policy tailwind. Time to watch them. Details
8Coal gas can yield clean hydrogen at $1.25 a kg Details
8Arvind Virmani's Dual Energy Plan for India: Costs Up, Green Push Details
8Chhattisgarh launches Dweepti Yojana to empower rural women in clean energy sector Details
83.2 GW Coal Project Faces Fresh Setback As Regulator Withholds Approval Details
8Centre Clears 13 Lakh Rooftop Solar Installations Under ULA Model Details
8Prudential to Buy 75% Stake in Bharti Life, Targeting India Market Details
8Oswal Pumps highlights robust growth in solar pump manufacturing Details
8Genus Power and 4 Other Stocks to Benefit as India’s Smart Meter Rollout Could Extend Till 2028 Details
8NTPC chief cautions against dependence on single supplier for nuclear tech Details
8Adani Power Limited Incorporates Wholly Owned Subsidiary Integrated Power Supply Limited Details
8Can water help India slash its Rs 1.7 lakh crore oil bill Monaco firm makes big fuel-tech claim Details
8CM Joseph Vijay set to review TNEB’s finances ahead of tariff hike Details
8NTPC chief cautions against single-supplier dependency in India’s 100 GW nuclear push Details
8CEA Proposes Higher Fixed Charges on Power Bills Details
8India's Rs 1.7 lakh crore fuel crisis may have found an unlikely fix - water Details
8Guarding Against Technological Dependence: India's Nuclear Power Vision Details
8REC–PFC Merger Proposal Approved for Presidential Nod; Board Clears Key Structural Steps Details
You can also click on Newsclips for more Details
Download tenders and news clips
May 16:
For reference purposes the website carries here the following tenders:
8Tender for construction of biomass pallet Details
8Tender for procurement of grinding roll and wear parts Details
8Tender for slope correction work at CHP area and misc.work Details
8Tender for maintenance contract for horticulture work Details
8Tender for procurement of ferric alum grade-2 Details
8Tender for rate contract for procurement of 33/11 kV 5 MVA low loss (4/23 KW) and 10 MVA low loss (8/50KW) power transformers Details
8Tender for rate contract award for transportation of H-beam, RS joist other steel section materials, PTRs, etc. Details
8Tender for supply of battery charger 15A, 30 volt DC Details
8Tender for supply of 30 volt 100 AH lead acid battery set in transparent SAN container Details
8Tender for procurement of spares of oxygen analyzer installed for oxygen measurement Details
8Tender for procurement of spares of pneumatic actuators installed Details
8Tender for restoration of TG set along with opportunity maintenance works Details
8Tender for repairing of aluminium wound CRGO Core defective distribution transformers Details
8Tender for work of operation & maintenance of IDCT, IDCT gear box overhauling and GRP line leakage attending work Details
8Tender for work of erection of 66kV class 2nd busbar at 220kV SS Details
8Tender for supply of smart positioners Details
8Tender for supply of low RPM thyristor cooling fans for unit 4,5,6 static excitation system Details
8Tender for supply of various boiler tubes Details
8Tender for insulation and refractory work Details
8Tender for overhauling of air and flue gas duct Details
8Tender for overhauling of coal bunker, wind box Details
8Tender for overhauling of ID, FD, PA FANS Details
8Tender for overhauling of two numbers rotary Details
8Tender for biennial maintenance contract for electrical maintenance including illumination system Details
8Tender for repairing of one number coal bunker mill Details
8Tender for biennial maintenance of radial gates Details
8Tender for repairing and painting of walls, doors and windows, false ceilings along Details
8Tender for cleaning of cooling tower cold basin, cells, inside structures, CEP pit Details
8Tender for service contract for servicing of LP valves, HP-LP bypass valves and TAS PRDS valves Details
8Tender for service contract for repairing of ventilation duct Details
8Tender for service contract for reclamation of crusher rotor Details
8Tender for procurement of ring hammer for ring granulators crushers installed Details
8Tender for installation and commissioning of wireless communication Details
8Tender for provision of concertina fencing over Details
8Tender for AMC contractof 2x1000kW TG sets,their auxiliaries, electromechanical equipment and3.3/33kV switchyard Details
8Tender for AMC of 3x200 kW T.G. sets, their auxiliaries Details
8Tender for AMC of 2x1000 kW T.G.sets, their auxiliaries, electromechanical equipment Details
8Tender for AMC of3x1000kW TG sets, their auxiliaries, electromechanical equipment and 3.3/33kV switchyard Details
8Tender for annual operation and maintenance contract of 1 x 1200 kW TG sets, their auxiliaries Details
8Tender for procurement of MOP coupling and other essential keys and spares for main turbine Details
8Tender for empanelment of firms agency companies for transportation and handling of DTRs Details
8Tender for reconductoring 11kV feeder Details
8Tender for line extension Details
8Tender for work for annual maintenance of 132/33kV grid sub-station Details
8Tender for work for carrying out routine patrolling, preventing/breakdown/shutdown maintenance work of transmission lines Simdega Details
8Tender for work for carrying out routine patrolling, preventing/breakdown/shutdown maintenance work of transmission lines Gumla Details
8Tender for work for carrying out routine patrolling, preventing/breakdown/shutdown maintenance work of transmission lines Khunti Details
8Tender for work for carrying out routine patrolling, preventing/breakdown/shutdown maintenance work of transmission lines Details
8Tender for round the clock operation and maintenance of intake gate, radial gates Details
8Tender for interlinking 11kV feeder Details
8Tender for system improvement work for rearrangement and rerouting HTOH line Details
8Tender for realignment of existing service wire Details
8Tender for dismantling of existing 110 kV pneumatic type circuit breakers Details
8Tender for drawing of LT ABC erection of poles Details
8Tender for drawing 11KV covered conductor Details
8Tender for const. of 33 kV S/S Details
8Tender for construction of store shed, TULPF fencing other misc. civil works Details
8Tender for purchase of EHV garde-I transformer oil Details
8Tender for purchase of 36kV, 2000/1250/800 A motorized isolator with and without earth switch Details
8Tender for contract for hiring the services of oil filtration machine, transformer oil storage tank Details
8Tender for supply of hardware and spares related to network and optical fiber equipment Details
8Tender for supply of digital enhancement uptime services for forbes marshall make 6 nos. dust analyzers Details
8Tender for repairing and servicing of BOMAFA make LP bypass stop valve and control valve Details
8Tender for procurement of spares for boll and duplex oil filter installed Details
8Tender for procurement of 200KVA 11/0.433kV station transformer Details
8Tender for supply of of new transformer oil for use in gas turbine power stations Details
8Tender for rate contract for loading/unloading and handling of materials Details
8Tender for procurement of LPT A1 extraction bellow (right side) and seal steam lines Details
8Tender for procurement of main turbine LP inner outer casing and LP inner casing assembly spares required Details
8Tender for procurement of LPT A1 extraction bellow (right side) and seal steam line Details
8Tender for construction of line for extaction from solar power plants Details
8Tender for construction of HT line Details
8Tender for replacement of 33 kV panel under 33/11 kV sub-station Details
8Tender for work of replacement of damaged spare parts, repair, testing and monthly maintenance of 11 kV circuit breakers installed Details
8Tender for annual rate contract for the work of attending emergency breakdown works & planned maintenance works on various 220/132/100 kV EHV lines Details
8Tender for supply, installation testing & commissioning of under frequency cum frequency trend relay Details
8Tender for dismantling of removed converter transformer Details
8Tender for engagement of agency for creation & updation of GIS Details
8Tender for work of annual maintenance contract (AMC) for servicing repairing and maintenance for 145kV ABB make circuit breaker Details
8Tender for replacement of existing 1X25MVA, 220/33kV power transformer Details
8Tender for establishment of 05x33kV GIS bay Details
8Tender for work of cold line washing (manually) of Disc/PLRI insulator strings of 400kV various lines Details
8Tender for procurement of 36 kV 1600A, having short circuit breaking capacity of 31.5 KA, 3P, VCB along Details
8Tender for work of bi-annual (two year) maintenance contract for OPGW ADSS communication network Details
8Tender for supply of transformer oil storage tank for switchyard Details
8Tender for supply of various sizes of metallic expansion bellow of flue gas duct of boiler Details
8Tender for construction of RCC culvert for ash plant pipeline Details
8Tender for supply of spares and reagents for analyzers Details
8Tender for retrofitting work of the energy chain system in place of existing Details
8Tender for erection and maintenance of HT/LT & TC Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8India’s storage market shifts from tenders to execution Details
8India Ranks Third Globally In Renewable Energy Capacity: Morgan Stanley Details
8Coal India shuts down its solar manufacturing company Details
8ReNew Energy earnings in focus: Can India solar giant sustain momentum Details
8India and Korea Unite for a Solar-Powered Future Details
8Fuel hike to accelerate investment in renewable energy, energy conservation: Experts Details
8Schneider Electric Powers India's Energy Transition with Advanced BESS Solution Details
8India Turns Coal Plants into Nuclear Sites with New Law Details
8Govt clears MCL IPO; Coal India may dilute up to 25% stake Details
8Top 6 Largest Coal Mining Companies Dominating Global Supply Details
8Mahanadi Coalfields Ltd to Launch IPO: A Strategic Divestment Details
8Three old thermal power sites shortlisted for new nuclear power projects Details
8Are small modular reactors India’s nuclear future Details
8Transmission Stock Jumps 6% After Securing Rs 1,265 Crore in Multiple Orders for Power T&D Projects Details
8USIBC–KPMG release nuclear energy roadmap for India Details
8Puttaparthi To Power India’s Next-Generation Defence Ecosystem Details
8Assam’s solar push for India’s Forex resilience Details
8Captive power in transition: Electricity (Amendment) Rules 2026, draft National Electricity Policy and evolving tax treatment Details
8SJVN Limited Reports 197% YoY Revenue Growth in Q4; Announces Rs 1.50 Total Dividend for FY26 Details
8Why Power Will Decide India’s Next Data Center Growth Story Details
8Torrent Power Plans Rs 80K Crore Growth Push, Faces Debt, Gas Costs Details
8Himachal hikes power cost, imposes Rs 1 per unit cess Details
8Smart meter rollout slows amid delays, payment gaps and tariff pressure Details
8IndiGrid delivers another strong fiscal of financial performance Announces DPU guidance of 16.48 for FY27 – growth of 3% Details
8NLC India Q4 FY26 Results: Profit Soars 189%, Shares Rally to Record High on Strong Earnings and Dividend Boost Details
8SJVN Q4 & FY26 Results: PAT Rises 3.9% to Rs 1,008 Crore, Revenue Up 22%, Declares Rs1.50 Dividend Details
8JAC urges Power Minister to halt sale of PSPCL, PSTCL land under OUVGL scheme Details
8Jaiprakash Power Ventures Surges 11.3% as JPPOWER.NS Hits Day High Details
You can also click on Newsclips for more Details
8Tender for construction of biomass pallet Details
8Tender for procurement of grinding roll and wear parts Details
8Tender for slope correction work at CHP area and misc.work Details
8Tender for maintenance contract for horticulture work Details
8Tender for procurement of ferric alum grade-2 Details
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8Tender for restoration of TG set along with opportunity maintenance works Details
8Tender for repairing of aluminium wound CRGO Core defective distribution transformers Details
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8Tender for biennial maintenance contract for electrical maintenance including illumination system Details
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8Tender for AMC contractof 2x1000kW TG sets,their auxiliaries, electromechanical equipment and3.3/33kV switchyard Details
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8Tender for AMC of 2x1000 kW T.G.sets, their auxiliaries, electromechanical equipment Details
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8Tender for annual operation and maintenance contract of 1 x 1200 kW TG sets, their auxiliaries Details
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8Tender for reconductoring 11kV feeder Details
8Tender for line extension Details
8Tender for work for annual maintenance of 132/33kV grid sub-station Details
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8Tender for round the clock operation and maintenance of intake gate, radial gates Details
8Tender for interlinking 11kV feeder Details
8Tender for system improvement work for rearrangement and rerouting HTOH line Details
8Tender for realignment of existing service wire Details
8Tender for dismantling of existing 110 kV pneumatic type circuit breakers Details
8Tender for drawing of LT ABC erection of poles Details
8Tender for drawing 11KV covered conductor Details
8Tender for const. of 33 kV S/S Details
8Tender for construction of store shed, TULPF fencing other misc. civil works Details
8Tender for purchase of EHV garde-I transformer oil Details
8Tender for purchase of 36kV, 2000/1250/800 A motorized isolator with and without earth switch Details
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8Tender for repairing and servicing of BOMAFA make LP bypass stop valve and control valve Details
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8Tender for procurement of 200KVA 11/0.433kV station transformer Details
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8Tender for procurement of LPT A1 extraction bellow (right side) and seal steam lines Details
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8Tender for construction of line for extaction from solar power plants Details
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8Tender for replacement of 33 kV panel under 33/11 kV sub-station Details
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8Tender for replacement of existing 1X25MVA, 220/33kV power transformer Details
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8SJVN Q4 & FY26 Results: PAT Rises 3.9% to Rs 1,008 Crore, Revenue Up 22%, Declares Rs1.50 Dividend Details
8JAC urges Power Minister to halt sale of PSPCL, PSTCL land under OUVGL scheme Details
8Jaiprakash Power Ventures Surges 11.3% as JPPOWER.NS Hits Day High Details
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NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY
May 15:
PEAK DEMAND & GRID FREQUENCY
8Western Region meets full 74,624 MW evening peak with zero shortage on May 14; Gujarat tops with 374 MU generation
Grid Controller of India's Western Regional Load Despatch Centre reported a zero-shortage power supply position on May 14, 2026, with the region meeting a record evening peak demand of 74,624 MW at 50.17 Hz and an off-peak demand of 70,682 MW. Total regional energy consumption stood at 1,766.5 MU, with Maharashtra leading state consumption at 688.8 MU and Gujarat's combined generation across thermal, hydro, gas, wind, and solar reaching 374 MU against a net drawl of 525.2 MU.
8NRLDC reports 330 MW shortage in J&K and Ladakh at 70,811 MW Northern Region evening peak on May 14
Grid Controller of India's Northern Regional Load Despatch Centre's daily report for May 14, 2026 showed the region meeting 70,811 MW at evening peak against a 71,141 MW requirement, leaving a 330 MW deficit confined entirely to J&K and Ladakh. Total day energy stood at 1,524 MU with a 0.33 MU shortfall; Uttar Pradesh recorded the highest evening peak demand at 25,481 MW, followed by Rajasthan at 12,013 MW, while Haryana, Punjab, and Delhi were fully served with zero shortage.
8Southern Region meets 56,238 MW peak demand without shortage; Tamil Nadu tops at 18,446 MW on May 14
Grid Controller of India Limited's Southern RLDC Power Supply Position Report for May 14, 2026, confirms zero shortage across all 6 southern states at the 20:00 peak - with Tamil Nadu recording the region's highest demand at 18,446 MW and total regional day energy consumption at 1,399.62 MU, against a requirement of 58,704 MU forecasted by LGBR. The data shows resilient grid management amid pre-monsoon high demand in the south.
8Eastern Region meets 29,456 MW peak demand without shortage; West Bengal and DVC lead generation on May 14
Grid Controller of India Limited's Eastern Regional Load Despatch Centre daily operation report for May 14, 2026, confirms zero power shortage for all eastern states at the 20:00 evening peak of 29,456 MW. West Bengal led state generation at 124.17 MU thermal, DVC contributed 99.48 MU, and Odisha generated 81.36 MU, while total eastern region day energy consumption reached 610.74 MU with zero shortfall, reflecting strong supply-side coordination.
8National grid frequency stays in IEGC band 99% of day; NLDC reports average of 50.011 Hz on May 14
Grid Controller of India Limited's National Load Despatch Centre frequency profile for May 14, 2026 (Thursday), shows the grid frequency remained within the 49.7–50.2 Hz IEGC band for 99.03% of the day, with an average frequency of 50.011 Hz and a standard deviation of 0.0702. The instantaneous maximum reached 50.404 Hz at 18:04, while 215 excursions above 50.03 Hz were recorded, each lasting 2 minutes 35 seconds on average.
8NER meets 3,227 MW evening peak demand with zero shortage; Assam logs highest NER generation at 5.19 MU on May 14
Grid Controller of India (GRID-INDIA)'s North Eastern Regional Load Despatch Centre reported zero power shortage across all 7 NER states for May 14, 2026, with total evening peak demand met at 3,227 MW. Assam led local generation with 5.19 MU including 3.16 MU of gas-based output, while the region drew a net 53.62 MU of scheduled power from outside and recorded total day energy of 59.96 MU, indicating stable cross-regional power flows.
8Uttarakhand achieves 24-hour uninterrupted power supply across all areas from May 1 to 15, 2026
The rostering report from Uttarakhand State for May 1-15, 2026 shows zero hours of power cuts across all major areas - including Haridwar, U.S. Nagar rural feeders, Garhwal & Kumaun Hills, major towns like Dehradun, Nainital, Mussoorie, Roorkee, Haldwani, Rudrapur, and steel furnace feeders - with an average running duration of 24 hours per day for all categories, reflecting the state's improved grid management and power availability during this fortnight.
OCC MEETINGS & OUTAGE PLANNING
8ERPC's 239th OCC meeting agenda tables 13 items: Godda TPS SPS, Patratu Stage-I scheduling transfer and Vedanta line encroachment
The Eastern Regional Power Committee's 239th Operations Coordination Committee meeting held on May 13, 2026 at ERPC Secretariat, Kolkata, carried 13 agenda items, including finalisation of the System Protection Scheme for Godda TPS (4×800 MW), restoration of the 400 kV PVUNL-Tenughat line, transition of Patratu Stage-I scheduling from ERLDC to SLDC Jharkhand, replacement of 206 L&T meters (out of 489) still pending across the Eastern Region, and addressing Vedanta Ltd's dead LILO line endangering the 400 kV Sundargarh-Raigarh and Sundargarh-Rourkela circuits.
8NTPC flags Talcher solar schedule error and Patratu Unit-2 start-up power settlement dispute at ERPC's 56th CCM
At the 56th Commercial Sub-Committee Meeting of the Eastern Regional Power Committee held on May 7, 2026 at 11:00 hrs, NTPC raised two key issues: a discrepancy in cumulative scheduling data (SG) for Talcher Stage-1 up to March 2026 due to February 2026 revision, and a demand to settle Patratu STPP Phase-I Unit-2's start-up power drawal at the approved Energy Charge Rate rather than the DSM Rate of Deviation - a change PVUNL argued was in line with applicable regulatory provisions.
8PowerGrid WR1's 400 kV Wardha-Warora line remains out since May 2018 amid ferroresonance concerns
WRLDC's transmission outage log for May 14, 2026 reveals that PowerGrid WR1's (PGCIL) 400 kV Wardha-Warora line has been continuously out since May 4, 2018 - over 8 years - due to ferroresonance concerns, while multiple CHAMPA 400 kV and 765 kV bus sectionalisers have been kept open since September 2021 for fault level control. The report also lists the 400 kV/220 kV DGEN ICT-3, the Chandrapur GCR-ST-3, and several other Western Region elements under planned or long-term outage.
8KPTCL's two 400 KV Kaiga-Guttur lines trip simultaneously on faults; Southern grid sees 5 forced outages on May 14
Grid Controller of India Limited's Southern Regional Load Despatch Centre recorded 5 forced transmission outages on May 14, 2026, including the simultaneous tripping of 400 KV Kaiga-Guttur circuits 1 and 2 at 17:39 hrs on B-N and R-N faults respectively, operated by KPTCL, alongside a KSEB 400 KV/220 KV transformer PRV operation at Madakkathara. The incidents highlight continued reliability challenges on key southern transmission corridors.
8NTPC Kawas and Gandhar gas units in Gujarat under reserve shutdown; DGEN's 800 MW also offline on May 14
Western Regional Load Despatch Centre's outage report dated May 15, 2026 reveals that NTPC's Kawas plant had all four gas units (totalling 424 MW) placed under reserve shutdown by May 14, while Gandhar's GT1 (144.3 MW) and GT2 (144.3 MW) also went offline. DGEN's 400 MW Unit 3 entered RSD mode and Sardar Sarovar Nigam's 250 MW (Units 5 & 9 together) underwent annual overhaul, reflecting coordinated planned maintenance across Gujarat's gas and hydro portfolio.
REGIONAL ENERGY ACCOUNT
8NLDC commits Vindhyachal, Barh and 40+ generators in SCUC for May 15; Barh 1 schedules 1,024 MW at 276.5 paise/kWh
The NLDC's Security Constrained Unit Commitment (SCUC) schedule published on May 14, 2026, for delivery on May 15, 2026, commits over 40 thermal generators including Barh-1 (1,024.45 MW at ECR of 276.5 paise/kWh), North Karanpura STPS (959.12 MW at 211.8 paise/kWh), and Vindhyachal STPS Stage 4 (493.51 MW at 205.2 paise/kWh) - with all listed units assigned SCUC 'YES' status, ensuring guaranteed despatch for grid security.
8ERPC releases DSM, SRAS, TRAS and SCUC settlement accounts for April 27-May 3, 2026; late payers face 0.04% daily interest
The Eastern Regional Power Committee's Superintending Engineer (Commercial) P.K. De issued settlement accounts under CERC DSM Regulations 2024 and amendments effective September 2024 and July 2025 for the week of April 27 to May 3, 2026, with final data received from ERLDC/NLDC on May 11, 2026. Entities liable for Deviation Settlement Mechanism charges must pay into ERLDC's deviation pool account within 10 days of billing, failing which a simple interest of 0.04% per day applies; SCUC charges carry a tighter 7-working-day deadline.
8NERPC issues provisional DSM and SCUC statements for April 27–May 3, 2026 under CERC Regulations 2024
The North Eastern Regional Power Committee (NERPC), Ministry of Power, Shillong, issued its Provisional DSM (Deviation Settlement Mechanism) and SCUC statements on May 13, 2026, covering April 27 to May 3, 2026, under the CERC (DSM and Related Matters) Regulations, 2024. Defaulting constituents face surcharge at 0.04% per day of delay if payment to the NERLDC-operated Regional Deviation and Ancillary Service Pool Account is not made within 10 days, ensuring tight settlement discipline across NER constituents.
8ERPC issues April 2026 Regional Energy Account for Bhutan Hydro Power Stations under India-Bhutan DSM framework
Eastern Regional Power Committee's letter ERPC/COM-I/REA/2026-27/226 dated May 4, 2026 released the Regional Energy Accounting (REA) for Bhutan Hydro Power Stations for April 2026, prepared in compliance with the Deviation Settlement Mechanism modalities between India and Bhutan published by CEA and effective from May 1, 2024. Stakeholders across the Eastern Region have a two-month window to flag discrepancies; after which the REA issued by SE Commercial P.K. De stands final.
8Eastern Region's day-ahead demand forecast MAPE at 4.63% on May 13; intraday tighter at 1.5%
The Eastern Regional Forecasting Error report for May 13, 2026 shows the Day-Ahead forecast achieving a Mean Absolute Percentage Error of 4.63% (RMSE 6.42%) against actual demand that peaked near 28,197 MW at midnight - running 1,072 MW above the day-ahead forecast in the first block (00:00–00:15). The Intraday forecast performed significantly better at 1.5% MAPE (RMSE 2%), with errors often within ±500 MW, demonstrating the substantial improvement real-time forecasting offers.
TRANSMISSION LINE ENERGIZATION
8NLDC reports zero ATC and N-1 violations across all 5 national grid corridors on May 14
Grid Controller of India Limited's National Load Despatch Centre reported zero Available Transfer Capability (ATC) violations and zero N-1 criteria violations for all 5 inter-regional corridors - WR-NR, ER-NR, Import of NR, NEW-SR, and NER Import - on May 14, 2026. Voltage monitoring at key 765 kV substations including Agra, Aligarh, Anpara-C and Anpara-D showed 100% compliance with IEGC band throughout the day, with Ajmer recording a minor 0.56% exceedance above 800 kV.
8ERLDC reports 100% IEGC voltage compliance across all 765 kV and 400 kV Eastern substations on May 13
Grid Controller of India Ltd's Eastern Regional Load Despatch Centre recorded a flawless Voltage Deviation Index of 0.00% for all monitored substations on May 13, 2026, with 765 kV nodes - including Ranchi New (max 786.56 kV), Jharsuguda (max 786.33 kV), and Sasaram (max 787.37 kV) - maintaining voltages within IEGC bands for all 24 hours, signaling stable grid health across the eastern region.
8WRLDC: Maharashtra violates ATC limit 21 times (21.9% of blocks) on May 14; Goa breaches N-1 in 10 blocks
Grid Controller of India's Western Regional Load Despatch Centre reported that Maharashtra violated Available Transfer Capability limits in 21 blocks (5.2% of time, 21.9% of hours) on May 14, 2026, while Goa breached ATC in 18 blocks (4.5%). For the stricter N-1 criteria, Maharashtra recorded 6 violations (1.5%, 6.2 hours) and Goa 10 violations (2.5%), while Gujarat, Madhya Pradesh, Chhattisgarh, and DNHDDPDCL maintained zero violations across all categories.
8SRPC clears APTRANSCO's temporary diversion of 132 KV Prathap Nagar-Yanam feeder to enable Kakinada line upgrade
The Southern Regional Power Committee convened a virtual special meeting on May 13, 2026 with CEA, SRLDC, APSLDC, APTRANSCO, and PED to clear APTRANSCO's proposal for a temporary diversion of the 132 KV Prathap Nagar-Yanam interstate feeder. The rearrangement - involving bridge jumpers at Location No. 56 and solid tapping at Location No. 62 - facilitates erection of a 220 KV Z-type tower at Location No. 41A, enabling conversion of the Kakinada-Prathap Nagar single-circuit line into a double-circuit line.
8IEX DAM clears 1,940 MWh at Rs. 10,000/MWh in Hour 1; solar glut drives mid-day price to Rs. 1,568/MWh on May 14
The IEX Day-Ahead Market Snapshot for May 14, 2026, reveals strong solar surplus pushing sell bids to 49,916 MWh in Hour 12 while MCP bottomed at Rs. 1,568.70/MWh - a 10x collapse from the Rs. 10,000/MWh cleared in Hour 1. Evening demand recovery pushed MCP back up through hours 16–19, reflecting the classic duck curve in India's power market and the growing flexibility challenge posed by solar penetration during midday hours. Details
8Western Region meets full 74,624 MW evening peak with zero shortage on May 14; Gujarat tops with 374 MU generation
Grid Controller of India's Western Regional Load Despatch Centre reported a zero-shortage power supply position on May 14, 2026, with the region meeting a record evening peak demand of 74,624 MW at 50.17 Hz and an off-peak demand of 70,682 MW. Total regional energy consumption stood at 1,766.5 MU, with Maharashtra leading state consumption at 688.8 MU and Gujarat's combined generation across thermal, hydro, gas, wind, and solar reaching 374 MU against a net drawl of 525.2 MU.
8NRLDC reports 330 MW shortage in J&K and Ladakh at 70,811 MW Northern Region evening peak on May 14
Grid Controller of India's Northern Regional Load Despatch Centre's daily report for May 14, 2026 showed the region meeting 70,811 MW at evening peak against a 71,141 MW requirement, leaving a 330 MW deficit confined entirely to J&K and Ladakh. Total day energy stood at 1,524 MU with a 0.33 MU shortfall; Uttar Pradesh recorded the highest evening peak demand at 25,481 MW, followed by Rajasthan at 12,013 MW, while Haryana, Punjab, and Delhi were fully served with zero shortage.
8Southern Region meets 56,238 MW peak demand without shortage; Tamil Nadu tops at 18,446 MW on May 14
Grid Controller of India Limited's Southern RLDC Power Supply Position Report for May 14, 2026, confirms zero shortage across all 6 southern states at the 20:00 peak - with Tamil Nadu recording the region's highest demand at 18,446 MW and total regional day energy consumption at 1,399.62 MU, against a requirement of 58,704 MU forecasted by LGBR. The data shows resilient grid management amid pre-monsoon high demand in the south.
8Eastern Region meets 29,456 MW peak demand without shortage; West Bengal and DVC lead generation on May 14
Grid Controller of India Limited's Eastern Regional Load Despatch Centre daily operation report for May 14, 2026, confirms zero power shortage for all eastern states at the 20:00 evening peak of 29,456 MW. West Bengal led state generation at 124.17 MU thermal, DVC contributed 99.48 MU, and Odisha generated 81.36 MU, while total eastern region day energy consumption reached 610.74 MU with zero shortfall, reflecting strong supply-side coordination.
8National grid frequency stays in IEGC band 99% of day; NLDC reports average of 50.011 Hz on May 14
Grid Controller of India Limited's National Load Despatch Centre frequency profile for May 14, 2026 (Thursday), shows the grid frequency remained within the 49.7–50.2 Hz IEGC band for 99.03% of the day, with an average frequency of 50.011 Hz and a standard deviation of 0.0702. The instantaneous maximum reached 50.404 Hz at 18:04, while 215 excursions above 50.03 Hz were recorded, each lasting 2 minutes 35 seconds on average.
8NER meets 3,227 MW evening peak demand with zero shortage; Assam logs highest NER generation at 5.19 MU on May 14
Grid Controller of India (GRID-INDIA)'s North Eastern Regional Load Despatch Centre reported zero power shortage across all 7 NER states for May 14, 2026, with total evening peak demand met at 3,227 MW. Assam led local generation with 5.19 MU including 3.16 MU of gas-based output, while the region drew a net 53.62 MU of scheduled power from outside and recorded total day energy of 59.96 MU, indicating stable cross-regional power flows.
8Uttarakhand achieves 24-hour uninterrupted power supply across all areas from May 1 to 15, 2026
The rostering report from Uttarakhand State for May 1-15, 2026 shows zero hours of power cuts across all major areas - including Haridwar, U.S. Nagar rural feeders, Garhwal & Kumaun Hills, major towns like Dehradun, Nainital, Mussoorie, Roorkee, Haldwani, Rudrapur, and steel furnace feeders - with an average running duration of 24 hours per day for all categories, reflecting the state's improved grid management and power availability during this fortnight.
OCC MEETINGS & OUTAGE PLANNING
8ERPC's 239th OCC meeting agenda tables 13 items: Godda TPS SPS, Patratu Stage-I scheduling transfer and Vedanta line encroachment
The Eastern Regional Power Committee's 239th Operations Coordination Committee meeting held on May 13, 2026 at ERPC Secretariat, Kolkata, carried 13 agenda items, including finalisation of the System Protection Scheme for Godda TPS (4×800 MW), restoration of the 400 kV PVUNL-Tenughat line, transition of Patratu Stage-I scheduling from ERLDC to SLDC Jharkhand, replacement of 206 L&T meters (out of 489) still pending across the Eastern Region, and addressing Vedanta Ltd's dead LILO line endangering the 400 kV Sundargarh-Raigarh and Sundargarh-Rourkela circuits.
8NTPC flags Talcher solar schedule error and Patratu Unit-2 start-up power settlement dispute at ERPC's 56th CCM
At the 56th Commercial Sub-Committee Meeting of the Eastern Regional Power Committee held on May 7, 2026 at 11:00 hrs, NTPC raised two key issues: a discrepancy in cumulative scheduling data (SG) for Talcher Stage-1 up to March 2026 due to February 2026 revision, and a demand to settle Patratu STPP Phase-I Unit-2's start-up power drawal at the approved Energy Charge Rate rather than the DSM Rate of Deviation - a change PVUNL argued was in line with applicable regulatory provisions.
8PowerGrid WR1's 400 kV Wardha-Warora line remains out since May 2018 amid ferroresonance concerns
WRLDC's transmission outage log for May 14, 2026 reveals that PowerGrid WR1's (PGCIL) 400 kV Wardha-Warora line has been continuously out since May 4, 2018 - over 8 years - due to ferroresonance concerns, while multiple CHAMPA 400 kV and 765 kV bus sectionalisers have been kept open since September 2021 for fault level control. The report also lists the 400 kV/220 kV DGEN ICT-3, the Chandrapur GCR-ST-3, and several other Western Region elements under planned or long-term outage.
8KPTCL's two 400 KV Kaiga-Guttur lines trip simultaneously on faults; Southern grid sees 5 forced outages on May 14
Grid Controller of India Limited's Southern Regional Load Despatch Centre recorded 5 forced transmission outages on May 14, 2026, including the simultaneous tripping of 400 KV Kaiga-Guttur circuits 1 and 2 at 17:39 hrs on B-N and R-N faults respectively, operated by KPTCL, alongside a KSEB 400 KV/220 KV transformer PRV operation at Madakkathara. The incidents highlight continued reliability challenges on key southern transmission corridors.
8NTPC Kawas and Gandhar gas units in Gujarat under reserve shutdown; DGEN's 800 MW also offline on May 14
Western Regional Load Despatch Centre's outage report dated May 15, 2026 reveals that NTPC's Kawas plant had all four gas units (totalling 424 MW) placed under reserve shutdown by May 14, while Gandhar's GT1 (144.3 MW) and GT2 (144.3 MW) also went offline. DGEN's 400 MW Unit 3 entered RSD mode and Sardar Sarovar Nigam's 250 MW (Units 5 & 9 together) underwent annual overhaul, reflecting coordinated planned maintenance across Gujarat's gas and hydro portfolio.
REGIONAL ENERGY ACCOUNT
8NLDC commits Vindhyachal, Barh and 40+ generators in SCUC for May 15; Barh 1 schedules 1,024 MW at 276.5 paise/kWh
The NLDC's Security Constrained Unit Commitment (SCUC) schedule published on May 14, 2026, for delivery on May 15, 2026, commits over 40 thermal generators including Barh-1 (1,024.45 MW at ECR of 276.5 paise/kWh), North Karanpura STPS (959.12 MW at 211.8 paise/kWh), and Vindhyachal STPS Stage 4 (493.51 MW at 205.2 paise/kWh) - with all listed units assigned SCUC 'YES' status, ensuring guaranteed despatch for grid security.
8ERPC releases DSM, SRAS, TRAS and SCUC settlement accounts for April 27-May 3, 2026; late payers face 0.04% daily interest
The Eastern Regional Power Committee's Superintending Engineer (Commercial) P.K. De issued settlement accounts under CERC DSM Regulations 2024 and amendments effective September 2024 and July 2025 for the week of April 27 to May 3, 2026, with final data received from ERLDC/NLDC on May 11, 2026. Entities liable for Deviation Settlement Mechanism charges must pay into ERLDC's deviation pool account within 10 days of billing, failing which a simple interest of 0.04% per day applies; SCUC charges carry a tighter 7-working-day deadline.
8NERPC issues provisional DSM and SCUC statements for April 27–May 3, 2026 under CERC Regulations 2024
The North Eastern Regional Power Committee (NERPC), Ministry of Power, Shillong, issued its Provisional DSM (Deviation Settlement Mechanism) and SCUC statements on May 13, 2026, covering April 27 to May 3, 2026, under the CERC (DSM and Related Matters) Regulations, 2024. Defaulting constituents face surcharge at 0.04% per day of delay if payment to the NERLDC-operated Regional Deviation and Ancillary Service Pool Account is not made within 10 days, ensuring tight settlement discipline across NER constituents.
8ERPC issues April 2026 Regional Energy Account for Bhutan Hydro Power Stations under India-Bhutan DSM framework
Eastern Regional Power Committee's letter ERPC/COM-I/REA/2026-27/226 dated May 4, 2026 released the Regional Energy Accounting (REA) for Bhutan Hydro Power Stations for April 2026, prepared in compliance with the Deviation Settlement Mechanism modalities between India and Bhutan published by CEA and effective from May 1, 2024. Stakeholders across the Eastern Region have a two-month window to flag discrepancies; after which the REA issued by SE Commercial P.K. De stands final.
8Eastern Region's day-ahead demand forecast MAPE at 4.63% on May 13; intraday tighter at 1.5%
The Eastern Regional Forecasting Error report for May 13, 2026 shows the Day-Ahead forecast achieving a Mean Absolute Percentage Error of 4.63% (RMSE 6.42%) against actual demand that peaked near 28,197 MW at midnight - running 1,072 MW above the day-ahead forecast in the first block (00:00–00:15). The Intraday forecast performed significantly better at 1.5% MAPE (RMSE 2%), with errors often within ±500 MW, demonstrating the substantial improvement real-time forecasting offers.
TRANSMISSION LINE ENERGIZATION
8NLDC reports zero ATC and N-1 violations across all 5 national grid corridors on May 14
Grid Controller of India Limited's National Load Despatch Centre reported zero Available Transfer Capability (ATC) violations and zero N-1 criteria violations for all 5 inter-regional corridors - WR-NR, ER-NR, Import of NR, NEW-SR, and NER Import - on May 14, 2026. Voltage monitoring at key 765 kV substations including Agra, Aligarh, Anpara-C and Anpara-D showed 100% compliance with IEGC band throughout the day, with Ajmer recording a minor 0.56% exceedance above 800 kV.
8ERLDC reports 100% IEGC voltage compliance across all 765 kV and 400 kV Eastern substations on May 13
Grid Controller of India Ltd's Eastern Regional Load Despatch Centre recorded a flawless Voltage Deviation Index of 0.00% for all monitored substations on May 13, 2026, with 765 kV nodes - including Ranchi New (max 786.56 kV), Jharsuguda (max 786.33 kV), and Sasaram (max 787.37 kV) - maintaining voltages within IEGC bands for all 24 hours, signaling stable grid health across the eastern region.
8WRLDC: Maharashtra violates ATC limit 21 times (21.9% of blocks) on May 14; Goa breaches N-1 in 10 blocks
Grid Controller of India's Western Regional Load Despatch Centre reported that Maharashtra violated Available Transfer Capability limits in 21 blocks (5.2% of time, 21.9% of hours) on May 14, 2026, while Goa breached ATC in 18 blocks (4.5%). For the stricter N-1 criteria, Maharashtra recorded 6 violations (1.5%, 6.2 hours) and Goa 10 violations (2.5%), while Gujarat, Madhya Pradesh, Chhattisgarh, and DNHDDPDCL maintained zero violations across all categories.
8SRPC clears APTRANSCO's temporary diversion of 132 KV Prathap Nagar-Yanam feeder to enable Kakinada line upgrade
The Southern Regional Power Committee convened a virtual special meeting on May 13, 2026 with CEA, SRLDC, APSLDC, APTRANSCO, and PED to clear APTRANSCO's proposal for a temporary diversion of the 132 KV Prathap Nagar-Yanam interstate feeder. The rearrangement - involving bridge jumpers at Location No. 56 and solid tapping at Location No. 62 - facilitates erection of a 220 KV Z-type tower at Location No. 41A, enabling conversion of the Kakinada-Prathap Nagar single-circuit line into a double-circuit line.
8IEX DAM clears 1,940 MWh at Rs. 10,000/MWh in Hour 1; solar glut drives mid-day price to Rs. 1,568/MWh on May 14
The IEX Day-Ahead Market Snapshot for May 14, 2026, reveals strong solar surplus pushing sell bids to 49,916 MWh in Hour 12 while MCP bottomed at Rs. 1,568.70/MWh - a 10x collapse from the Rs. 10,000/MWh cleared in Hour 1. Evening demand recovery pushed MCP back up through hours 16–19, reflecting the classic duck curve in India's power market and the growing flexibility challenge posed by solar penetration during midday hours. Details
NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES
May 15:
COAL PRODUCTION & OFFTAKE
8CEA daily coal stock report: RRRVUNL plants at 79% normative stock; Chhabra-II at only 49% on May 13
Central Electricity Authority's Fuel Management Division coal stock report for May 13, 2026 shows RRRVUNL's 7,580 MW Rajasthan fleet at 79% of normative 26-day requirement with only 2,152,100 tonnes, while Chhabra-II TPP (1,320 MW) holds just 217,000 tonnes - 49% of normative stock. In contrast, Haryana's HPGCL (2,510 MW combined) maintained 143% normative stock at 1,396,700 tonnes, and PSPCL Punjab's 2,300 MW fleet held 130% normative cover at 1,001,300 tonnes.
8CEA: India's coal generation on May 13 beats target at 3,996 MU; year-to-date total at 163,651 MU
Central Electricity Authority's fuel-wise generation report (Sub-Report 17) for May 13, 2026 shows coal-based generation outperforming at 3,996.38 MU versus the 3,787.69 MU programme, while hydro underperformed at 415.97 MU against 448.81 MU planned. Year-to-date (April 1 to May 13, 2026-27), total generation reached 194,010.85 MU against a programme of 202,928.54 MU - an 8,917.69 MU shortfall. Nuclear generation YTD at 7,508 MU tracked close to the 7,679 MU target.
8CEA: All-India power generation on May 13 at 4,784.59 MU vs 4,585.11 MU target; Western Region overperforms by 150 MU
Central Electricity Authority's sub-report for May 13, 2026 shows All-India gross generation exceeding target by 199.48 MU at 4,784.59 MU. The Western Region led with 1,763.70 MU against a 1,613.42 MU programme (a surplus of 150+ MU), driven by hydro overperformance of 31.64%. Northern Region fell short by 5.27% at 1,149.67 MU versus a 1,182.71 MU programme, while total thermal generation of 4,183.01 MU outpaced the 3,967.46 MU target and nuclear output of 179.66 MU surpassed the 168.84 MU programme.
8NTPC's 60,007 MW fleet generates 1,093 MU on May 13 vs 1,042 MU target; Eastern Region drags with 7.88% YTD shortfall
CEA's Sub-Report 8 on NTPC stations for May 13, 2026 shows NTPC's all-India monitored fleet (60,007.23 MW) generating 1,093.30 MU against a 1,041.61 MU programme - a surplus of 51.69 MU (+4.96%). However, YTD April 1 to date performance at 43,114.13 MU trails the 45,826.93 MU programme by 2,712.80 MU (-5.92%). The Eastern Region's NTPC stations (17,190 MW) posted the largest shortfall at -7.88% YTD, while the Southern Region exceeded its programme with a +1.32% surplus.
8JSW Mahanadi Power's 3 units (600 MW each) trip on fuel oil problems; Ghatampur TPP's 2×660 MW also offline on May 13
CEA's Sub-Report 11 for May 13, 2026 shows JSW Mahanadi Power Company Limited (Chhattisgarh) lost three 600 MW units - Units 2, 3, and 4 - to fuel oil problems at 4:16 PM in a simultaneous trip, putting 1,800 MW out of service. Uttar Pradesh's Ghatampur TPP continued with both 660 MW units (Units 1 and 2) under forced outage for generator miscellaneous maintenance and ID fan problems since May 6 and 11 respectively, while Lalitpur TPS Unit 3 (660 MW) went offline with a regenerative system problem.
8Rajiv Gandhi TPS units 1 and 2 (600 MW each) under forced outage due to condenser and economiser tube leaks on May 13
CEA's Daily Maintenance Report (Sub-Report 10) for May 13, 2026 reveals that Haryana's Rajiv Gandhi TPS had both 600 MW units offline for forced outages - Unit 1 due to condenser tube leakage/cleaning (from 4:18 PM) and Unit 2 from economiser tube leakage (from 10:01 PM on May 12). Punjab's GH TPS (Lehra Mohabat) lost 500 MW across Units 3 and 4 for abnormal sound and turbine issues, while Rajasthan's Barsingsar Lignite 125 MW Unit 1 remained under planned annual maintenance since April 20.
8NTPC Rihand STPS (3,000 MW) generates 64.63 MU on May 13; Dadri NCTPP (1,840 MW) delivers 32.54 MU vs 26.51 MU target
CEA's Sub-Report 9 for NTPC station-wise generation on May 13, 2026 shows NTPC's Rihand STPS (3,000 MW, Uttar Pradesh) producing 64.63 MU against 64.81 MU programme with 90 days coal stock in hand, while Dadri NCTPP (1,840 MW) overperformed at 32.54 MU versus 26.51 MU target. Singrauli STPS (2,000 MW) generated 43.94 MU against 41.78 MU programme with 98 days coal stock. NTPC Koldam hydro (800 MW) underperformed sharply at 4.65 MU against 10.52 MU programme.
8CEA lists 30+ long-idled power units; DAE Rajasthan off-grid since 2004, Giral TPS units awaiting scrapping since 2014-16
CEA's Sub-Report 13 for May 13, 2026 lists over 30 thermal and gas-based units that have remained off the national grid for more than a year, including Delhi's IP CCPP Units 3, 4, 8 (30 MW each, offline since January 2019) and Rithala CCPP Units 1–3 (offline since June 2013). Rajasthan's DAE nuclear unit (0 MW rated) has not returned since October 2004 due to generator earth fault, while Giral TPS Units 1 & 2 (125 MW each) are marked as 'likely to be scrapped' since 2014 and 2016 respectively; Pipavav CCPP Unit 2 (351 MW) remains under RSD since April 2024. Details
8CEA daily coal stock report: RRRVUNL plants at 79% normative stock; Chhabra-II at only 49% on May 13
Central Electricity Authority's Fuel Management Division coal stock report for May 13, 2026 shows RRRVUNL's 7,580 MW Rajasthan fleet at 79% of normative 26-day requirement with only 2,152,100 tonnes, while Chhabra-II TPP (1,320 MW) holds just 217,000 tonnes - 49% of normative stock. In contrast, Haryana's HPGCL (2,510 MW combined) maintained 143% normative stock at 1,396,700 tonnes, and PSPCL Punjab's 2,300 MW fleet held 130% normative cover at 1,001,300 tonnes.
8CEA: India's coal generation on May 13 beats target at 3,996 MU; year-to-date total at 163,651 MU
Central Electricity Authority's fuel-wise generation report (Sub-Report 17) for May 13, 2026 shows coal-based generation outperforming at 3,996.38 MU versus the 3,787.69 MU programme, while hydro underperformed at 415.97 MU against 448.81 MU planned. Year-to-date (April 1 to May 13, 2026-27), total generation reached 194,010.85 MU against a programme of 202,928.54 MU - an 8,917.69 MU shortfall. Nuclear generation YTD at 7,508 MU tracked close to the 7,679 MU target.
8CEA: All-India power generation on May 13 at 4,784.59 MU vs 4,585.11 MU target; Western Region overperforms by 150 MU
Central Electricity Authority's sub-report for May 13, 2026 shows All-India gross generation exceeding target by 199.48 MU at 4,784.59 MU. The Western Region led with 1,763.70 MU against a 1,613.42 MU programme (a surplus of 150+ MU), driven by hydro overperformance of 31.64%. Northern Region fell short by 5.27% at 1,149.67 MU versus a 1,182.71 MU programme, while total thermal generation of 4,183.01 MU outpaced the 3,967.46 MU target and nuclear output of 179.66 MU surpassed the 168.84 MU programme.
8NTPC's 60,007 MW fleet generates 1,093 MU on May 13 vs 1,042 MU target; Eastern Region drags with 7.88% YTD shortfall
CEA's Sub-Report 8 on NTPC stations for May 13, 2026 shows NTPC's all-India monitored fleet (60,007.23 MW) generating 1,093.30 MU against a 1,041.61 MU programme - a surplus of 51.69 MU (+4.96%). However, YTD April 1 to date performance at 43,114.13 MU trails the 45,826.93 MU programme by 2,712.80 MU (-5.92%). The Eastern Region's NTPC stations (17,190 MW) posted the largest shortfall at -7.88% YTD, while the Southern Region exceeded its programme with a +1.32% surplus.
8JSW Mahanadi Power's 3 units (600 MW each) trip on fuel oil problems; Ghatampur TPP's 2×660 MW also offline on May 13
CEA's Sub-Report 11 for May 13, 2026 shows JSW Mahanadi Power Company Limited (Chhattisgarh) lost three 600 MW units - Units 2, 3, and 4 - to fuel oil problems at 4:16 PM in a simultaneous trip, putting 1,800 MW out of service. Uttar Pradesh's Ghatampur TPP continued with both 660 MW units (Units 1 and 2) under forced outage for generator miscellaneous maintenance and ID fan problems since May 6 and 11 respectively, while Lalitpur TPS Unit 3 (660 MW) went offline with a regenerative system problem.
8Rajiv Gandhi TPS units 1 and 2 (600 MW each) under forced outage due to condenser and economiser tube leaks on May 13
CEA's Daily Maintenance Report (Sub-Report 10) for May 13, 2026 reveals that Haryana's Rajiv Gandhi TPS had both 600 MW units offline for forced outages - Unit 1 due to condenser tube leakage/cleaning (from 4:18 PM) and Unit 2 from economiser tube leakage (from 10:01 PM on May 12). Punjab's GH TPS (Lehra Mohabat) lost 500 MW across Units 3 and 4 for abnormal sound and turbine issues, while Rajasthan's Barsingsar Lignite 125 MW Unit 1 remained under planned annual maintenance since April 20.
8NTPC Rihand STPS (3,000 MW) generates 64.63 MU on May 13; Dadri NCTPP (1,840 MW) delivers 32.54 MU vs 26.51 MU target
CEA's Sub-Report 9 for NTPC station-wise generation on May 13, 2026 shows NTPC's Rihand STPS (3,000 MW, Uttar Pradesh) producing 64.63 MU against 64.81 MU programme with 90 days coal stock in hand, while Dadri NCTPP (1,840 MW) overperformed at 32.54 MU versus 26.51 MU target. Singrauli STPS (2,000 MW) generated 43.94 MU against 41.78 MU programme with 98 days coal stock. NTPC Koldam hydro (800 MW) underperformed sharply at 4.65 MU against 10.52 MU programme.
8CEA lists 30+ long-idled power units; DAE Rajasthan off-grid since 2004, Giral TPS units awaiting scrapping since 2014-16
CEA's Sub-Report 13 for May 13, 2026 lists over 30 thermal and gas-based units that have remained off the national grid for more than a year, including Delhi's IP CCPP Units 3, 4, 8 (30 MW each, offline since January 2019) and Rithala CCPP Units 1–3 (offline since June 2013). Rajasthan's DAE nuclear unit (0 MW rated) has not returned since October 2004 due to generator earth fault, while Giral TPS Units 1 & 2 (125 MW each) are marked as 'likely to be scrapped' since 2014 and 2016 respectively; Pipavav CCPP Unit 2 (351 MW) remains under RSD since April 2024. Details
NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS
May 15:
MINISTRY OF POWER
8Ministry of Power appoints Diwakar Nath Misra as Government Nominee Director on SJVN board
SJVN Limited (NSE: SJVN | BSE: 533206), a Navratna CPSE and joint venture of the Government of India and Government of Himachal Pradesh (CIN: L40101HP1988GOI008409), disclosed that the Ministry of Power has appointed Shri Diwakar Nath Misra (DIN: 07464700), Additional Secretary (Hydro) at MoP, as Part-time Official Government of India Nominee Director on the SJVN Board with immediate effect, vide MoP Order No. 15-22/1/2018-HYDEL-II(MoP) dated May 14, 2026.
8NHPC discloses change in Government Nominee Director as Ministry of Power update surfaces in public domain
NHPC Limited (NSE: NHPC | BSE: 533098), a Government of India enterprise (CIN: L40101HR1975GOI032564), informed stock exchanges of an impending change in its Government Nominee Director. While NHPC was yet to receive formal communication from the Ministry of Power (MoP), the company made the disclosure based on information available in the public domain, in compliance with Regulation 30 of SEBI Listing Regulations. NHPC's corporate office is located at Sector-33, Faridabad, Haryana.
CEA & GRID STANDARDS
8India's total installed power capacity crosses 537,264 MW by April 30, 2026; solar leads at 154,236 MW
As per the Central Electricity Authority's latest data, India's total installed power generation capacity reached 537,264 MW as of April 30, 2026, with non-fossil fuels now accounting for 53.61% (288,035 MW) versus fossil fuels at 46.39% (249,229 MW). Solar energy dominated the renewable segment at 154,236 MW (28.71%), wind contributed 56,437 MW (10.50%), hydro (including PSPs) stood at 51,665 MW (9.62%), while coal remained the single largest source at 221,898 MW (41.30%).
8CEA prepares report on rationalising DISCOM fixed charges after All India DISCOMs Association flags tariff design gap
Following a representation from the All India DISCOMs Association (AIDA) vide letter DG-19/2025-AIDA dated December 15, 2025, the Central Electricity Authority convened two stakeholder meetings on January 19 and March 23, 2026 under Member (E&C). The resulting report, forwarded by the Ministry of Power, addresses the need for a national framework to rationalise consumer fixed charges to align with the actual fixed costs incurred by distribution companies, a critical input for retail tariff redesign.
8CEA: India's 309,923 MW monitored capacity delivers 255,120 MW output on May 13; gas and liquid fleet at just 43.26% utilisation
CEA's Sub-Report 16 for May 13, 2026 shows India's 309,923 MW monitored conventional fleet achieving gross generation of 255,120 MW (75.95% of monitored capacity), with coal plants performing best at 81.48% utilisation (180,793 MW from 221,898 MW installed). Hydro stations utilised only 66.90% of capacity (34,732 MW from 51,915 MW), gas and liquid plants lagged at 43.26% (8,704 MW from 20,122 MW), and nuclear plants ran at 78.82%, with 49,234 MW under various outages.
8CEA Sub-Report 5: All-India thermal capacity availability at 87.79% on May 13; Northern hydro lowest at 72.41%
Central Electricity Authority's Sub-Report 5 for May 13, 2026 reveals All-India stabilised thermal fleet (229,101 MW) achieved 87.79% capacity online at 201,128 MW, with the North Eastern region reaching 100% thermal availability. Nuclear capacity ran at 93.17% nationally (8,180 MW from 8,780 MW), while hydro lagged most in the Northern Region at 72.41% (15,870 MW from 21,916 MW) and averaged 79.85% nationally (41,451 MW from 51,915 MW), with the Western Region's hydro availability at 91.10%.
8CEA hydro reservoir report May 13: Bhakra at 483.55m, Tehri below MDDL at 742.91m versus 747.3m draw-down level
CEA's daily hydro reservoir report for May 13, 2026 shows Bhakra Dam (Himachal Pradesh) at 483.55m with 1,728.8 MU energy content (vs 5,282 MU at full reservoir level), while Tehri reservoir (Uttarakhand) at 742.91m is critically below its 747.3m minimum drawdown level with only 17.75 MU content versus 1,291.49 MU at full level. Sardar Sarovar (Gujarat) holds 1,817.55 MU at 129.45m, Koyna (Maharashtra) has 3,126.1 MU at 630.33m, and Srisailam (Andhra Pradesh) holds 1,391.84 MU at 249.25m.
TENDERS & PROCUREMENT (GeM/NIT)
8Government revises 6-year unified accounting software tender for RPCs and NPC in Amendment-III; eases SLA to 99.50% uptime
The Government e-Marketplace tender GEM/2025/B/6978156, originally floated on January 8, 2026, has undergone its third major revision, relaxing application uptime requirements from 99.90% to 99.50% per site, extending the Recovery Time Objective from 1 hour to 2 hours, and cutting Sev-2 resolution targets from 8 hours to 72 hours - while raising hardware specifications to 5th-Gen Intel Xeon processors with 256 GB DDR5 RAM and 50 TB usable SAN storage for the Unified Accounting Software covering Regional Power Committees and NPC. Details
8Ministry of Power appoints Diwakar Nath Misra as Government Nominee Director on SJVN board
SJVN Limited (NSE: SJVN | BSE: 533206), a Navratna CPSE and joint venture of the Government of India and Government of Himachal Pradesh (CIN: L40101HP1988GOI008409), disclosed that the Ministry of Power has appointed Shri Diwakar Nath Misra (DIN: 07464700), Additional Secretary (Hydro) at MoP, as Part-time Official Government of India Nominee Director on the SJVN Board with immediate effect, vide MoP Order No. 15-22/1/2018-HYDEL-II(MoP) dated May 14, 2026.
8NHPC discloses change in Government Nominee Director as Ministry of Power update surfaces in public domain
NHPC Limited (NSE: NHPC | BSE: 533098), a Government of India enterprise (CIN: L40101HR1975GOI032564), informed stock exchanges of an impending change in its Government Nominee Director. While NHPC was yet to receive formal communication from the Ministry of Power (MoP), the company made the disclosure based on information available in the public domain, in compliance with Regulation 30 of SEBI Listing Regulations. NHPC's corporate office is located at Sector-33, Faridabad, Haryana.
CEA & GRID STANDARDS
8India's total installed power capacity crosses 537,264 MW by April 30, 2026; solar leads at 154,236 MW
As per the Central Electricity Authority's latest data, India's total installed power generation capacity reached 537,264 MW as of April 30, 2026, with non-fossil fuels now accounting for 53.61% (288,035 MW) versus fossil fuels at 46.39% (249,229 MW). Solar energy dominated the renewable segment at 154,236 MW (28.71%), wind contributed 56,437 MW (10.50%), hydro (including PSPs) stood at 51,665 MW (9.62%), while coal remained the single largest source at 221,898 MW (41.30%).
8CEA prepares report on rationalising DISCOM fixed charges after All India DISCOMs Association flags tariff design gap
Following a representation from the All India DISCOMs Association (AIDA) vide letter DG-19/2025-AIDA dated December 15, 2025, the Central Electricity Authority convened two stakeholder meetings on January 19 and March 23, 2026 under Member (E&C). The resulting report, forwarded by the Ministry of Power, addresses the need for a national framework to rationalise consumer fixed charges to align with the actual fixed costs incurred by distribution companies, a critical input for retail tariff redesign.
8CEA: India's 309,923 MW monitored capacity delivers 255,120 MW output on May 13; gas and liquid fleet at just 43.26% utilisation
CEA's Sub-Report 16 for May 13, 2026 shows India's 309,923 MW monitored conventional fleet achieving gross generation of 255,120 MW (75.95% of monitored capacity), with coal plants performing best at 81.48% utilisation (180,793 MW from 221,898 MW installed). Hydro stations utilised only 66.90% of capacity (34,732 MW from 51,915 MW), gas and liquid plants lagged at 43.26% (8,704 MW from 20,122 MW), and nuclear plants ran at 78.82%, with 49,234 MW under various outages.
8CEA Sub-Report 5: All-India thermal capacity availability at 87.79% on May 13; Northern hydro lowest at 72.41%
Central Electricity Authority's Sub-Report 5 for May 13, 2026 reveals All-India stabilised thermal fleet (229,101 MW) achieved 87.79% capacity online at 201,128 MW, with the North Eastern region reaching 100% thermal availability. Nuclear capacity ran at 93.17% nationally (8,180 MW from 8,780 MW), while hydro lagged most in the Northern Region at 72.41% (15,870 MW from 21,916 MW) and averaged 79.85% nationally (41,451 MW from 51,915 MW), with the Western Region's hydro availability at 91.10%.
8CEA hydro reservoir report May 13: Bhakra at 483.55m, Tehri below MDDL at 742.91m versus 747.3m draw-down level
CEA's daily hydro reservoir report for May 13, 2026 shows Bhakra Dam (Himachal Pradesh) at 483.55m with 1,728.8 MU energy content (vs 5,282 MU at full reservoir level), while Tehri reservoir (Uttarakhand) at 742.91m is critically below its 747.3m minimum drawdown level with only 17.75 MU content versus 1,291.49 MU at full level. Sardar Sarovar (Gujarat) holds 1,817.55 MU at 129.45m, Koyna (Maharashtra) has 3,126.1 MU at 630.33m, and Srisailam (Andhra Pradesh) holds 1,391.84 MU at 249.25m.
TENDERS & PROCUREMENT (GeM/NIT)
8Government revises 6-year unified accounting software tender for RPCs and NPC in Amendment-III; eases SLA to 99.50% uptime
The Government e-Marketplace tender GEM/2025/B/6978156, originally floated on January 8, 2026, has undergone its third major revision, relaxing application uptime requirements from 99.90% to 99.50% per site, extending the Recovery Time Objective from 1 hour to 2 hours, and cutting Sev-2 resolution targets from 8 hours to 72 hours - while raising hardware specifications to 5th-Gen Intel Xeon processors with 256 GB DDR5 RAM and 50 TB usable SAN storage for the Unified Accounting Software covering Regional Power Committees and NPC. Details
NEWS UPDATE: RENEWABLE ENERGY
May 15:
SOLAR POWER
8India's solar power hits 43,294 MW peak; wind and solar together supply 22.34% of grid demand on May 13
Grid Controller of India Limited's NLDC-REMC report reveals that on May 13, 2026, solar hours clocked a maximum demand of 247,680 MW against 55,330 MW of combined renewable (wind + solar) contribution - accounting for a record 22.34% penetration during daytime hours, while wind alone powered 4.86% of the grid at peak. The data underscores India's accelerating renewable energy share in the national grid mix during peak solar production hours.
8Rajasthan tops May 13 renewable generation at 241 MU; CEA reports all-India daily renewable output across states
The Central Electricity Authority's Daily Renewable Generation Report for May 13, 2026 shows Rajasthan leading all-India renewable generation with a combined wind and solar output of over 241 MU for the day, with 213.80 MU from solar alone. The report tracks cumulative renewable generation for May 2026 across all states, with Punjab recording 104.27 MU cumulative and Himachal Pradesh clocking 76.33 MU including significant hydro and other output.
8Solarium Green Energy clears Acuite Ratings Q4 FY26 monitoring on IPO fund utilisation
Solarium Green Energy Limited (NSE: SOLARIUM | BSE: 544354), an Ahmedabad-based company in the civil construction/infrastructure sector (ISIN: INE0W0H01017), submitted its Monitoring Agency Report for Q4 and the half-year ended March 31, 2026, confirming proper utilisation of IPO proceeds. The report was issued by Acuite Ratings & Research Limited and filed per SEBI Regulation 32(6) and SEBI ICDR Regulation 41. The disclosure underscores compliance with capital deployment norms for solar EPC companies.
8Fujiyama Power's CARE Ratings monitoring agency clears Q4 FY26 IPO proceeds utilisation
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613), formerly Fujiyama Power Systems Private Limited, submitted its Monitoring Agency Report from CARE Ratings Limited for the quarter ended March 31, 2026, confirming proper utilisation of IPO proceeds raised through public issue of equity shares. The report, filed in compliance with SEBI Regulation 32(6) and SEBI ICDR Regulation 41(4), confirms all funds raised through the IPO were deployed as stated in the offer document, validating the rooftop solar major's capital deployment plan.
8Borosil Renewables Executive Chairman addresses business updates on CNBC-TV18 on May 14
Borosil Renewables Limited (NSE: BORORENEW | BSE: 502219) disclosed that its Executive Chairman, Mr. Pradeep Kumar Kheruka, appeared on CNBC-TV18 on May 14, 2026 for an interview covering general business updates for the company. The interview is also available on the company's website www.borosilrenewables.com. The disclosure was filed by Company Secretary & Compliance Officer Kishor Talreja (FCS 7064) per SEBI Regulation 30. Borosil Renewables is India's largest solar glass manufacturer.
WIND & HYBRID POWER
8Inox Wind confirms zero deviation in Rs. 1,249.33 crore Rights Issue fund utilisation for Q4 FY26
Inox Wind Limited (NSE: INOXWIND | BSE: 539083, CIN: L31901HP2009PLC031083) filed a SEBI Regulation 32 nil deviation statement on May 14, 2026, confirming zero deviation in the utilisation of funds raised through its Rights Issue dated August 21, 2025 - for the quarter ended March 31, 2026. The company raised Rs. 1,249.33 crore through the Rights Issue, and the Audit Committee reviewed and noted the nil-deviation statement at its meeting on May 14, 2026, confirming full deployment in line with the stated objects in the Letter of Offer.
8INOX Green Energy confirms nil deviation in Q4 FY26 preferential issue fund utilisation
INOX Green Energy Services Limited (NSE: INOXGREEN | BSE: 543667), formerly known as INOX Wind Infrastructure Services Ltd. (CIN: L45207GJ2012PLC070279), confirmed via a SEBI Regulation 32 filing that there was zero deviation or variation in the utilisation of funds raised through its Preferential Issue during Q4 ended March 31, 2026. The company stated that proceeds were utilised in full accordance with the stated objects of the issue. The nil-deviation statement was reviewed and noted by the Audit Committee at its meeting on May 14, 2026.
STORAGE & GREEN HYDROGEN
8Krishnapatnam plant leads Andhra Pradesh generation at 44.99 MU; Greenko pumped storage adds 12.26 MU on May 14
Grid Controller of India Limited's Southern RLDC Generation Report for May 14, 2026, shows Krishnapatnam power station at the top with 44.99 MU gross output and 1,875 MW capacity, while Greenko's pumped storage contributed 12.26 MU at 511 MW. Andhra Pradesh's total demand met for the day stood at 10,344 MU with zero shortage. The Greenko data illustrates the growing role of pumped storage as a flexibility resource in India's evolving grid management.
8GDAM weekly volume tops 27,000 MWh; May 13 records peak MCP of Rs. 4,498/MWh in green energy market
The IEX Green Day-Ahead Market weekly summary for May 8–15, 2026, shows May 13 recording the highest market clearing price of Rs. 4,498.85/MWh with 2,697.71 MWh total cleared volume. Total weekly purchase bids reached over 1,07,208 MWh across solar, non-solar and hydro segments, reflecting rising demand for certified renewable energy certificates in the green market amid corporate sustainability commitments.
POLICY & INCENTIVES
8TERI's NCoEGPS releases India's first green maritime fuel roadmap charting transition to ammonia, methanol and hydrogen
The National Centre of Excellence in Green Port and Shipping (NCoEGPS) at TERI, led by Dr. Piyali Das, published 'Advanced Green Fuels for Maritime Application - Road Map for India (Part A)' in 2026, mapping India's pathway for decarbonising its shipping sector through alternative fuels including green ammonia, methanol and hydrogen - an initiative under the Ministry of Ports, Shipping and Waterways' maritime sustainability agenda. The roadmap forms a key planning input for India's Green Port Performance Index framework.
8Ministry of Ports launches Green Port Performance Index to rank India's ports on sustainability and pollution control
The Ministry of Ports, Shipping and Waterways, Government of India, released the Green Port Performance Index (GPPI) in October 2025 (Rev-0) - a comprehensive framework to measure and rank Indian ports on their progress in green transformation, pollution control, and environmental performance. The index defines applicability, GPPI framework, awards and recognition categories, and designates a nodal agency for implementation, marking a major shift in India's port governance toward sustainability metrics.
8Ministry of Ports' NAVIC Cell unveils India's maritime solar potential study charting energy transition roadmap
India's Ministry of Ports, Shipping and Waterways released a macro-level study titled 'India's Maritime Green Shift: Pioneering Energy Transition and Pollution Control,' developed by the NAVIC Cell 3 committee chaired by VoCPA. The report, led by Nodal Officer Shri Vijay Kumar IAS, assesses India's maritime solar potential and charts a green energy transition strategy for ports and vessels, with inputs from DGS, CSL, IMU and IWAI, supporting the broader green port roadmap.
8IEEFA report warns gas capital costs triple to $2,500/kW; flags billions in consumer risk as renewables offer cheaper alternative
The Institute for Energy Economics and Financial Analysis (IEEFA) released a May 14, 2026 report titled 'The Misguided Gas Stampede,' authored by energy analyst Dennis Wamsted. The report warns that capital costs for new gas turbines have roughly tripled in three years to at least $2,500 per kilowatt, with no new plants likely online before 2030. The report cited Dominion Energy's 1,588 MW Greensville gas plant, where fuel costs jumped from $308 million in 2021 to $519 million in 2022. Details
8India's solar power hits 43,294 MW peak; wind and solar together supply 22.34% of grid demand on May 13
Grid Controller of India Limited's NLDC-REMC report reveals that on May 13, 2026, solar hours clocked a maximum demand of 247,680 MW against 55,330 MW of combined renewable (wind + solar) contribution - accounting for a record 22.34% penetration during daytime hours, while wind alone powered 4.86% of the grid at peak. The data underscores India's accelerating renewable energy share in the national grid mix during peak solar production hours.
8Rajasthan tops May 13 renewable generation at 241 MU; CEA reports all-India daily renewable output across states
The Central Electricity Authority's Daily Renewable Generation Report for May 13, 2026 shows Rajasthan leading all-India renewable generation with a combined wind and solar output of over 241 MU for the day, with 213.80 MU from solar alone. The report tracks cumulative renewable generation for May 2026 across all states, with Punjab recording 104.27 MU cumulative and Himachal Pradesh clocking 76.33 MU including significant hydro and other output.
8Solarium Green Energy clears Acuite Ratings Q4 FY26 monitoring on IPO fund utilisation
Solarium Green Energy Limited (NSE: SOLARIUM | BSE: 544354), an Ahmedabad-based company in the civil construction/infrastructure sector (ISIN: INE0W0H01017), submitted its Monitoring Agency Report for Q4 and the half-year ended March 31, 2026, confirming proper utilisation of IPO proceeds. The report was issued by Acuite Ratings & Research Limited and filed per SEBI Regulation 32(6) and SEBI ICDR Regulation 41. The disclosure underscores compliance with capital deployment norms for solar EPC companies.
8Fujiyama Power's CARE Ratings monitoring agency clears Q4 FY26 IPO proceeds utilisation
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613), formerly Fujiyama Power Systems Private Limited, submitted its Monitoring Agency Report from CARE Ratings Limited for the quarter ended March 31, 2026, confirming proper utilisation of IPO proceeds raised through public issue of equity shares. The report, filed in compliance with SEBI Regulation 32(6) and SEBI ICDR Regulation 41(4), confirms all funds raised through the IPO were deployed as stated in the offer document, validating the rooftop solar major's capital deployment plan.
8Borosil Renewables Executive Chairman addresses business updates on CNBC-TV18 on May 14
Borosil Renewables Limited (NSE: BORORENEW | BSE: 502219) disclosed that its Executive Chairman, Mr. Pradeep Kumar Kheruka, appeared on CNBC-TV18 on May 14, 2026 for an interview covering general business updates for the company. The interview is also available on the company's website www.borosilrenewables.com. The disclosure was filed by Company Secretary & Compliance Officer Kishor Talreja (FCS 7064) per SEBI Regulation 30. Borosil Renewables is India's largest solar glass manufacturer.
WIND & HYBRID POWER
8Inox Wind confirms zero deviation in Rs. 1,249.33 crore Rights Issue fund utilisation for Q4 FY26
Inox Wind Limited (NSE: INOXWIND | BSE: 539083, CIN: L31901HP2009PLC031083) filed a SEBI Regulation 32 nil deviation statement on May 14, 2026, confirming zero deviation in the utilisation of funds raised through its Rights Issue dated August 21, 2025 - for the quarter ended March 31, 2026. The company raised Rs. 1,249.33 crore through the Rights Issue, and the Audit Committee reviewed and noted the nil-deviation statement at its meeting on May 14, 2026, confirming full deployment in line with the stated objects in the Letter of Offer.
8INOX Green Energy confirms nil deviation in Q4 FY26 preferential issue fund utilisation
INOX Green Energy Services Limited (NSE: INOXGREEN | BSE: 543667), formerly known as INOX Wind Infrastructure Services Ltd. (CIN: L45207GJ2012PLC070279), confirmed via a SEBI Regulation 32 filing that there was zero deviation or variation in the utilisation of funds raised through its Preferential Issue during Q4 ended March 31, 2026. The company stated that proceeds were utilised in full accordance with the stated objects of the issue. The nil-deviation statement was reviewed and noted by the Audit Committee at its meeting on May 14, 2026.
STORAGE & GREEN HYDROGEN
8Krishnapatnam plant leads Andhra Pradesh generation at 44.99 MU; Greenko pumped storage adds 12.26 MU on May 14
Grid Controller of India Limited's Southern RLDC Generation Report for May 14, 2026, shows Krishnapatnam power station at the top with 44.99 MU gross output and 1,875 MW capacity, while Greenko's pumped storage contributed 12.26 MU at 511 MW. Andhra Pradesh's total demand met for the day stood at 10,344 MU with zero shortage. The Greenko data illustrates the growing role of pumped storage as a flexibility resource in India's evolving grid management.
8GDAM weekly volume tops 27,000 MWh; May 13 records peak MCP of Rs. 4,498/MWh in green energy market
The IEX Green Day-Ahead Market weekly summary for May 8–15, 2026, shows May 13 recording the highest market clearing price of Rs. 4,498.85/MWh with 2,697.71 MWh total cleared volume. Total weekly purchase bids reached over 1,07,208 MWh across solar, non-solar and hydro segments, reflecting rising demand for certified renewable energy certificates in the green market amid corporate sustainability commitments.
POLICY & INCENTIVES
8TERI's NCoEGPS releases India's first green maritime fuel roadmap charting transition to ammonia, methanol and hydrogen
The National Centre of Excellence in Green Port and Shipping (NCoEGPS) at TERI, led by Dr. Piyali Das, published 'Advanced Green Fuels for Maritime Application - Road Map for India (Part A)' in 2026, mapping India's pathway for decarbonising its shipping sector through alternative fuels including green ammonia, methanol and hydrogen - an initiative under the Ministry of Ports, Shipping and Waterways' maritime sustainability agenda. The roadmap forms a key planning input for India's Green Port Performance Index framework.
8Ministry of Ports launches Green Port Performance Index to rank India's ports on sustainability and pollution control
The Ministry of Ports, Shipping and Waterways, Government of India, released the Green Port Performance Index (GPPI) in October 2025 (Rev-0) - a comprehensive framework to measure and rank Indian ports on their progress in green transformation, pollution control, and environmental performance. The index defines applicability, GPPI framework, awards and recognition categories, and designates a nodal agency for implementation, marking a major shift in India's port governance toward sustainability metrics.
8Ministry of Ports' NAVIC Cell unveils India's maritime solar potential study charting energy transition roadmap
India's Ministry of Ports, Shipping and Waterways released a macro-level study titled 'India's Maritime Green Shift: Pioneering Energy Transition and Pollution Control,' developed by the NAVIC Cell 3 committee chaired by VoCPA. The report, led by Nodal Officer Shri Vijay Kumar IAS, assesses India's maritime solar potential and charts a green energy transition strategy for ports and vessels, with inputs from DGS, CSL, IMU and IWAI, supporting the broader green port roadmap.
8IEEFA report warns gas capital costs triple to $2,500/kW; flags billions in consumer risk as renewables offer cheaper alternative
The Institute for Energy Economics and Financial Analysis (IEEFA) released a May 14, 2026 report titled 'The Misguided Gas Stampede,' authored by energy analyst Dennis Wamsted. The report warns that capital costs for new gas turbines have roughly tripled in three years to at least $2,500 per kilowatt, with no new plants likely online before 2030. The report cited Dominion Energy's 1,588 MW Greensville gas plant, where fuel costs jumped from $308 million in 2021 to $519 million in 2022. Details
NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION
May 15:
WORK ORDERS & SUPPLY CONTRACTS
8G R Infraprojects' subsidiary signs HAM concession for Rs. 2,440.87 crore NH-33 greenfield highway in Bihar
G R Infraprojects Limited (NSE: GRINFRA | BSE: 543317) announced that its wholly owned subsidiary, Munger Link Highway Private Limited, executed a Concession Agreement with the National Highways Authority of India (NHAI) on May 14, 2026. The project involves construction of a 4-lane Greenfield section of NH-33 from Mokama (Ch. 0+000) to Munger (Ch. 82+400) in Bihar, spanning approximately 82.4 km under Hybrid Annuity Mode (HAM), with an estimated project cost of Rs. 2,440.87 crore (excluding GST) and a completion period of 910 days.
8L&T partners France's Exail to deliver unmanned mine countermeasure suite for Indian Navy's 12 MCMV programme
Larsen & Toubro Limited (NSE: LT | BSE: 500510) announced a strategic collaboration with France-based Exail to deliver an advanced Unmanned Mine Counter-Measure (MCM) Suite for the Indian Navy's Mine Counter Measure Vessels (MCMVs) programme, targeting 12 vessels. L&T, as prime contractor, will integrate Exail's globally proven autonomous and remotely operated MCM systems - already deployed by several navies worldwide - that can detect, classify, identify and neutralise naval mines. The initiative aligns with Aatmanirbhar Bharat and Make in India.
8GMR Power and Urban Infra extends Rs. 240 crore corporate guarantee to IDBI Bank for 3 smart meter subsidiaries
GMR Power and Urban Infra Limited (NSE: GMRP&UI | BSE: 543490), on May 14, 2026, disclosed it has extended a Corporate Guarantee in favour of IDBI Bank Limited for an aggregate amount of Rs. 240 crore - comprising three separate working capital facilities of up to Rs. 80 crore each - to secure credit sanctioned to its step-down subsidiaries: GMR Kashi Smart Meters Limited, GMR Triveni Smart Meters Limited, and GMR Agra Smart Meters Limited. The disclosure confirms financial backing for its expanding smart metering business across Uttar Pradesh.
8PSPCL amends 132 KV Bhikiwind-Sur Singh 66 KV line scope; revised cost at Rs. 231.02 lakhs
Punjab State Power Corporation Limited (PSPCL) issued Amendment No. 111/2025-26 modifying the scope of work under TWL Sr. No. 34/2025-26 for the 66 KV line stringing from 132 KV Substation Bhikiwind to 66 KV Substation Sur Singh/Gaeobua. The revised scope, covering approximately 1.5 km of ACSR 0.2 sq. inch conductor from 132 KV S/Stn Bhikiwind to Tower No. 12, has an estimated cost of Rs. 231.02 lakhs (revised from Rs. 62.58 lakhs for 7 km) following recommendations by EIC/P&M PSPCL Ludhiana and Dy.CE/P&M Amritsar.
8PSPCL sanctions replacement of HRP with DC towers on 66 KV Mehta-Udonangal line; estimated Rs. 373.90 lakhs
Punjab State Power Corporation Limited (PSPCL) issued Amendment No. 113/2025-26, adding to Annexure-B Priority Works the augmentation of the 66 KV Mehta (Udonangal) line under DS Circle Gurdaspur. The scope involves replacing HRP with DC towers, augmenting the existing 0.1 sq. inch conductor to 0.2 sq. inch on a DC line of approximately 9.91 km length emanating from 220 KV Udoke, at an estimated cost of Rs. 373.90 lakhs, with a credit of Rs. 29.93 lakhs for dismantlement of the old 0.1 sq. inch 66 KV HRP line.
CAPACITY COMMISSIONING
8NTPC Group crosses 88,788 MW total capacity with 100 MW Rajasthan solar projects declaring COD on May 15, 2026
NTPC Limited (NSE: NTPC | BSE: 532555) disclosed that its subsidiary NTPC Green Energy Limited (NGEL) achieved Commercial Operation Dates (COD) for two solar project milestones in Rajasthan effective May 15, 2026: the second part capacity of 12.5 MW (cumulative 100 MW) under Project Eleven Renewable Power Pvt. Ltd. (150 MW project), and 50 MW (cumulative 200 MW) under Project Sixteen Renewable Power Pvt. Ltd. (300 MW project). With these additions, total installed capacity of NTPC Group stands at 88,788 MW, including 9,868 MW commercial renewable capacity.
8Fujiyama Power Systems commissions 2,000 MW solar panel manufacturing line at Ratlam
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613) announced on May 14, 2026 the commissioning of its 2,000 MW solar panel manufacturing facility at Ratlam, Madhya Pradesh - part of a large-scale greenfield integrated solar manufacturing expansion. The Ratlam complex is designed for 2,000 MW capacity each for solar panels, batteries, and inverters as part of a fully integrated manufacturing setup. The milestone makes Fujiyama one of India's largest domestic solar panel manufacturers, supporting India's renewable energy and Aatmanirbhar Bharat goals.
8MoP allocates 82 MW to Sikkim and 269 MW to Karnataka; THDCIL's Tehri PSP Unit 8 declares commercial operation
The Central Electricity Authority's power allocation statement as on April 30, 2026, reveals that the Ministry of Power allocated 82 MW from NTPC stations to Sikkim and 269 MW to Karnataka from unallocated quota including Buxar Thermal Power Project. Additionally, THDCIL declared commercial operation of the 4th unit (Unit #8) of Tehri PSP (4×250 MW), notified vide letter dated April 10, 2026. The development strengthens hydro pumped storage capacity in India's grid, critical for renewable energy integration.
8IndiGrid commissions Gujarat BESS Private Limited, one of India's largest standalone BESS projects at 180 MW / 360 MWh
IndiGrid Infrastructure Trust commissioned Gujarat BESS Private Limited, one of India's largest standalone Battery Energy Storage System (BESS) projects with a capacity of 180 MW / 360 MWh. The commissioning was highlighted in IndiGrid's Q4 FY26 results disclosure alongside operational revenue of Rs. 874 crore (up 9.5% YoY) and full-year DPU of Rs. 16 per unit. The BESS asset adds to IndiGrid's AUM of Rs. 33,815 crore and positions the trust as a key infrastructure player in India's grid storage transition.
8NTPC Green Energy Group's installed capacity rises to 10,516.40 MW after 62.5 MW Rajasthan solar COD
NTPC Green Energy Limited (NSE: NTPCGREEN | BSE: 544289) disclosed that two solar project milestones under its joint venture ONGC NTPC Green Private Limited achieved Commercial Operation effective 00:00 hrs of May 15, 2026: the second part capacity of 12.5 MW (cumulative 100 MW) of Project Eleven Renewable Power Pvt. Ltd.'s 150 MW project in Rajasthan, and 50 MW (cumulative 200 MW) of Project Sixteen Renewable Power Pvt. Ltd.'s 300 MW project. With these additions, NGEL Group's total installed capacity rises from 10,453.90 MW to 10,516.40 MW.
EQUITY & STAKE ACQUISITION
8Adani Power wins CCI nod for GVK Energy acquisition amid ongoing CIRP; Committee of Creditors yet to vote
Adani Power (BSE: 533096) clarified to BSE on May 14, 2026 that while it has received Competition Commission of India (CCI) approval for its proposed acquisition of GVK Energy Limited - which entered Corporate Insolvency Resolution Process (CIRP) on May 6, 2025 under IBC Section 7 - the Resolution Plan submitted by Adani Power and other bidders has not yet been voted upon or approved by the Committee of Creditors (CoC). The CCI approval was a statutory prerequisite ahead of CoC consideration of competing resolution plans.
8Patel Engineering board approves sale of entire 84,95,040 equity shares in ACP Tollways at Rs. 100 face value
Patel Engineering Limited (NSE: PATELENG | BSE: 531120) disclosed on May 14, 2026 that its Board of Directors approved the sale of the company's entire stake in ACP Tollways Private Limited, an associate company, comprising 84,95,040 equity shares with a face value of Rs. 100 per share. The proposed transaction remains subject to receipt of necessary approvals from lenders of ACP Tollways, with further details to be disclosed upon completion of documentation. The disclosure was filed under SEBI Regulation 30.
8PGCIL and private TSPs drive Rs. 2.35 lakh crore TBCB transmission pipeline; 84 projects cover 37,377 ckm
The Central Electricity Authority's April 2026 progress report for Under-Construction TBCB Transmission Projects reveals 84 active projects with PGCIL leading 43 projects (19,903 ckm, 172,600 MVA, Rs. 1,22,316 crore) and private TSPs contributing 41 projects (17,473 ckm, 145,400 MVA, Rs. 1,12,582 crore) - bringing India's total competitive bidding transmission pipeline to Rs. 2,34,898 crore. Private participation now nearly matches PGCIL in competitive bidding transmission routes. Details
8G R Infraprojects' subsidiary signs HAM concession for Rs. 2,440.87 crore NH-33 greenfield highway in Bihar
G R Infraprojects Limited (NSE: GRINFRA | BSE: 543317) announced that its wholly owned subsidiary, Munger Link Highway Private Limited, executed a Concession Agreement with the National Highways Authority of India (NHAI) on May 14, 2026. The project involves construction of a 4-lane Greenfield section of NH-33 from Mokama (Ch. 0+000) to Munger (Ch. 82+400) in Bihar, spanning approximately 82.4 km under Hybrid Annuity Mode (HAM), with an estimated project cost of Rs. 2,440.87 crore (excluding GST) and a completion period of 910 days.
8L&T partners France's Exail to deliver unmanned mine countermeasure suite for Indian Navy's 12 MCMV programme
Larsen & Toubro Limited (NSE: LT | BSE: 500510) announced a strategic collaboration with France-based Exail to deliver an advanced Unmanned Mine Counter-Measure (MCM) Suite for the Indian Navy's Mine Counter Measure Vessels (MCMVs) programme, targeting 12 vessels. L&T, as prime contractor, will integrate Exail's globally proven autonomous and remotely operated MCM systems - already deployed by several navies worldwide - that can detect, classify, identify and neutralise naval mines. The initiative aligns with Aatmanirbhar Bharat and Make in India.
8GMR Power and Urban Infra extends Rs. 240 crore corporate guarantee to IDBI Bank for 3 smart meter subsidiaries
GMR Power and Urban Infra Limited (NSE: GMRP&UI | BSE: 543490), on May 14, 2026, disclosed it has extended a Corporate Guarantee in favour of IDBI Bank Limited for an aggregate amount of Rs. 240 crore - comprising three separate working capital facilities of up to Rs. 80 crore each - to secure credit sanctioned to its step-down subsidiaries: GMR Kashi Smart Meters Limited, GMR Triveni Smart Meters Limited, and GMR Agra Smart Meters Limited. The disclosure confirms financial backing for its expanding smart metering business across Uttar Pradesh.
8PSPCL amends 132 KV Bhikiwind-Sur Singh 66 KV line scope; revised cost at Rs. 231.02 lakhs
Punjab State Power Corporation Limited (PSPCL) issued Amendment No. 111/2025-26 modifying the scope of work under TWL Sr. No. 34/2025-26 for the 66 KV line stringing from 132 KV Substation Bhikiwind to 66 KV Substation Sur Singh/Gaeobua. The revised scope, covering approximately 1.5 km of ACSR 0.2 sq. inch conductor from 132 KV S/Stn Bhikiwind to Tower No. 12, has an estimated cost of Rs. 231.02 lakhs (revised from Rs. 62.58 lakhs for 7 km) following recommendations by EIC/P&M PSPCL Ludhiana and Dy.CE/P&M Amritsar.
8PSPCL sanctions replacement of HRP with DC towers on 66 KV Mehta-Udonangal line; estimated Rs. 373.90 lakhs
Punjab State Power Corporation Limited (PSPCL) issued Amendment No. 113/2025-26, adding to Annexure-B Priority Works the augmentation of the 66 KV Mehta (Udonangal) line under DS Circle Gurdaspur. The scope involves replacing HRP with DC towers, augmenting the existing 0.1 sq. inch conductor to 0.2 sq. inch on a DC line of approximately 9.91 km length emanating from 220 KV Udoke, at an estimated cost of Rs. 373.90 lakhs, with a credit of Rs. 29.93 lakhs for dismantlement of the old 0.1 sq. inch 66 KV HRP line.
CAPACITY COMMISSIONING
8NTPC Group crosses 88,788 MW total capacity with 100 MW Rajasthan solar projects declaring COD on May 15, 2026
NTPC Limited (NSE: NTPC | BSE: 532555) disclosed that its subsidiary NTPC Green Energy Limited (NGEL) achieved Commercial Operation Dates (COD) for two solar project milestones in Rajasthan effective May 15, 2026: the second part capacity of 12.5 MW (cumulative 100 MW) under Project Eleven Renewable Power Pvt. Ltd. (150 MW project), and 50 MW (cumulative 200 MW) under Project Sixteen Renewable Power Pvt. Ltd. (300 MW project). With these additions, total installed capacity of NTPC Group stands at 88,788 MW, including 9,868 MW commercial renewable capacity.
8Fujiyama Power Systems commissions 2,000 MW solar panel manufacturing line at Ratlam
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613) announced on May 14, 2026 the commissioning of its 2,000 MW solar panel manufacturing facility at Ratlam, Madhya Pradesh - part of a large-scale greenfield integrated solar manufacturing expansion. The Ratlam complex is designed for 2,000 MW capacity each for solar panels, batteries, and inverters as part of a fully integrated manufacturing setup. The milestone makes Fujiyama one of India's largest domestic solar panel manufacturers, supporting India's renewable energy and Aatmanirbhar Bharat goals.
8MoP allocates 82 MW to Sikkim and 269 MW to Karnataka; THDCIL's Tehri PSP Unit 8 declares commercial operation
The Central Electricity Authority's power allocation statement as on April 30, 2026, reveals that the Ministry of Power allocated 82 MW from NTPC stations to Sikkim and 269 MW to Karnataka from unallocated quota including Buxar Thermal Power Project. Additionally, THDCIL declared commercial operation of the 4th unit (Unit #8) of Tehri PSP (4×250 MW), notified vide letter dated April 10, 2026. The development strengthens hydro pumped storage capacity in India's grid, critical for renewable energy integration.
8IndiGrid commissions Gujarat BESS Private Limited, one of India's largest standalone BESS projects at 180 MW / 360 MWh
IndiGrid Infrastructure Trust commissioned Gujarat BESS Private Limited, one of India's largest standalone Battery Energy Storage System (BESS) projects with a capacity of 180 MW / 360 MWh. The commissioning was highlighted in IndiGrid's Q4 FY26 results disclosure alongside operational revenue of Rs. 874 crore (up 9.5% YoY) and full-year DPU of Rs. 16 per unit. The BESS asset adds to IndiGrid's AUM of Rs. 33,815 crore and positions the trust as a key infrastructure player in India's grid storage transition.
8NTPC Green Energy Group's installed capacity rises to 10,516.40 MW after 62.5 MW Rajasthan solar COD
NTPC Green Energy Limited (NSE: NTPCGREEN | BSE: 544289) disclosed that two solar project milestones under its joint venture ONGC NTPC Green Private Limited achieved Commercial Operation effective 00:00 hrs of May 15, 2026: the second part capacity of 12.5 MW (cumulative 100 MW) of Project Eleven Renewable Power Pvt. Ltd.'s 150 MW project in Rajasthan, and 50 MW (cumulative 200 MW) of Project Sixteen Renewable Power Pvt. Ltd.'s 300 MW project. With these additions, NGEL Group's total installed capacity rises from 10,453.90 MW to 10,516.40 MW.
EQUITY & STAKE ACQUISITION
8Adani Power wins CCI nod for GVK Energy acquisition amid ongoing CIRP; Committee of Creditors yet to vote
Adani Power (BSE: 533096) clarified to BSE on May 14, 2026 that while it has received Competition Commission of India (CCI) approval for its proposed acquisition of GVK Energy Limited - which entered Corporate Insolvency Resolution Process (CIRP) on May 6, 2025 under IBC Section 7 - the Resolution Plan submitted by Adani Power and other bidders has not yet been voted upon or approved by the Committee of Creditors (CoC). The CCI approval was a statutory prerequisite ahead of CoC consideration of competing resolution plans.
8Patel Engineering board approves sale of entire 84,95,040 equity shares in ACP Tollways at Rs. 100 face value
Patel Engineering Limited (NSE: PATELENG | BSE: 531120) disclosed on May 14, 2026 that its Board of Directors approved the sale of the company's entire stake in ACP Tollways Private Limited, an associate company, comprising 84,95,040 equity shares with a face value of Rs. 100 per share. The proposed transaction remains subject to receipt of necessary approvals from lenders of ACP Tollways, with further details to be disclosed upon completion of documentation. The disclosure was filed under SEBI Regulation 30.
8PGCIL and private TSPs drive Rs. 2.35 lakh crore TBCB transmission pipeline; 84 projects cover 37,377 ckm
The Central Electricity Authority's April 2026 progress report for Under-Construction TBCB Transmission Projects reveals 84 active projects with PGCIL leading 43 projects (19,903 ckm, 172,600 MVA, Rs. 1,22,316 crore) and private TSPs contributing 41 projects (17,473 ckm, 145,400 MVA, Rs. 1,12,582 crore) - bringing India's total competitive bidding transmission pipeline to Rs. 2,34,898 crore. Private participation now nearly matches PGCIL in competitive bidding transmission routes. Details
NEWS UPDATE: TARIFF & REGULATORY ORDERS
May 15:
COMMISSION ORDERS (CERC/SERC)
8HPERC approves Himachal Pradesh's Resource Adequacy Plan for FY2026-35; total contracted capacity to hit 11,524 MW by 2035-36
The Himachal Pradesh Electricity Regulatory Commission (HPERC) decided on Petition No. 73 of 2026 on May 14, 2026, approving the Resource Adequacy Plan submitted by HP State Electricity Board Limited. The plan projects electricity demand to grow at a CAGR of 4.63% with peak demand at 3.71% from FY26 to FY36. By FY2035-36, total projected contracted capacity will be approximately 11,524 MW, comprising 4,067 MW solar, 2,247 MW hydro, 900 MW hydro-pumped storage, 569 MW hydro-based, 410 MW coal, 55 MW nuclear and 4 MW biomass.
8CERC adopts transmission charges for Morena-I SEZ's 2,500 MW renewable evacuation system in Madhya Pradesh
The Central Electricity Regulatory Commission, in Petition No. 132/AT/2026 dated May 13, 2026, took up the matter of transmission charges for Morena-I SEZ Transmission Limited's infrastructure built to evacuate power from 2,500 MW RE projects in Morena SEZ, Madhya Pradesh - Phase I - under Section 63 of the Electricity Act, 2003. The proceeding aims to operationalise transmission tariff arrangements for power evacuation from a key renewable energy zone supporting India's clean energy targets.
8CERC schedules June 10 public hearing on Power Market Second Amendment Regulations 2026 via online video conference
The Central Electricity Regulatory Commission, vide notice No. L-1/257/2020 dated May 13, 2026, announced a public hearing on June 10, 2026 at 10:30 AM through online video conferencing on the Draft CERC (Power Market) (Second Amendment) Regulations, 2026. The hearing invites representatives from central/state governments, LDCs, CPSUs, transmission licensees, power exchanges, IPPs, financial institutions, NGOs and consultancy firms, marking a major review of India's power market regulatory framework.
8CERC extends deadline for Power Market Second Amendment comments to June 5, 2026 after stakeholder requests
The Central Electricity Regulatory Commission, vide Public Notice No. L-1/257/2020 dated May 13, 2026, extended the submission deadline for comments, suggestions and objections on the Draft CERC (Power Market) (Second Amendment) Regulations, 2026, from May 16, 2026 to June 5, 2026 - following requests from stakeholders. Submissions are to be sent to secy@cercind.gov.in and mahesh.khicher@cercind.gov.in, providing additional time for power exchanges, traders, and market participants to articulate views on key amendments.
8TNERC releases Draft SLDC Fees and Charges Regulations 2026 with new MYT framework and control period
The Tamil Nadu Electricity Regulatory Commission released its Draft Regulations for Determination of State Load Despatch Centre Fees and Charges, 2026, on May 14, 2026, covering the Multi-Year Tariff (MYT) framework, annual tariff cycle, control period, definitions, transitional provisions and applicability. The regulation is constituted under Section 82(1) of the Electricity Act, 2003 (Central Act 36 of 2003) and forms the basis for recovering the operating costs of Tamil Nadu's State Load Despatch Centre over a multi-year horizon.
8APTEL rules on tariff dispute for NEEPCO's 101 MW Tripura gas plant in Appeal No. 184 of 2020
The Appellate Tribunal for Electricity (APTEL) delivered its judgment on May 14, 2026 in Appeal No. 184 of 2020, filed by Tripura State Electricity Corporation Limited (TSECL) challenging CERC's April 4, 2019 order on tariff approval for North Eastern Electric Power Corporation Ltd.'s (NEEPCO) 101 MW Tripura Gas Based Power Plant at Monarchak, Sepahijala District. The original CERC petition (No. 128/GT/2017) covered the tariff from Commercial Operation Date of the Gas Turbine unit to March 31, 2019, with TSECL as the sole beneficiary and off-taker.
REGULATORY PETITION & REVIEW
8UPERC hears Spaark Bresson WTE's tariff petition for 24.70 MW waste-to-energy plant at Kuberpur, Agra
The Uttar Pradesh Electricity Regulatory Commission, Lucknow, on May 14, 2026, took up Petition No. 2373 of 2026 filed by M/s Spaark Bresson WTE Private Ltd., Faridabad, Haryana, seeking provisional tariff approval for supply of 21 MW from a 24.70 MW Municipal Solid Waste-based Waste-to-Energy plant at Kuberpur, Agra, Uttar Pradesh, under Sections 61, 62 and 86 of the Electricity Act, 2003, with UPPCL as the respondent. The matter is significant for India's urban waste-to-power policy framework.
8UPERC proceeds in fly ash transportation reimbursement case for FY 2022-23, 2023-24 and 2024-25
The Uttar Pradesh Electricity Regulatory Commission, Lucknow, in Petition Nos. 2106/2024 and 2226/2025, heard arguments on May 14, 2026, concerning reimbursement of fly ash transportation costs for FY 2022-23, 2023-24, and 2024-25 under MoEF&CC Notification No. S.O. 5481(E) dated December 31, 2021. The petition is filed under Section 86(1)(b) of the Electricity Act, 2003, and Article 14 of the Power Purchase Agreement dated November 12, 2006, addressing a cost pass-through issue for thermal generators.
8GERC adjourns Gujarat Urja Vikas Nigam's 700 MW solar PV tariff petition for Dholera Solar Park Phase IX
The Gujarat Electricity Regulatory Commission, in its daily order dated May 13, 2026, adjourned Petition No. 1906 of 2020 filed by Gujarat Urja Vikas Nigam Limited seeking adoption of tariff for 700 MW Solar PV projects in the 1,000 MW Dholera Solar Park under Phase IX competitive bidding. The matter stands connected with Petitions No. 2282 and 2283 of 2023, and the next hearing date is to be intimated separately, leaving one of Gujarat's largest solar park tariff finalisations pending.
8TNERC adjourns Tamil Nadu Power Distribution Corp's MP No. 12 case to May 19; Sakthi Sugars and TNPL case also listed
The Tamil Nadu Electricity Regulatory Commission, on May 14, 2026, adjourned M.P. No. 12 of 2026 filed by the Chief Engineer/PPP of Tamil Nadu Power Distribution Corporation Ltd. to May 19, 2026, at the petitioner's request for filing an additional affidavit. The same bench also listed Review Application No. 3 of 2024, involving M/s Sakthi Sugars and Tamil Nadu Newsprint and Papers Ltd. versus TANGEDCO. The matters concern intra-state power supply and PPA-related disputes.
OMBUDSMAN & CONSUMER GRIEVANCE
8Uttarakhand Ombudsman awards relief to Roorkee consumer in 8-year billing dispute with UPCL
The Electricity Ombudsman of Uttarakhand, in Award No. 14/2026 dated May 13, 2026, adjudicated the complaint of Shri Raja Ram, Haridwar, who contested that dues of Rs. 75,560 cleared on March 25, 2015, against a 1 KW domestic connection (meter no. 530172) were still being raised by Uttarakhand Power Corporation Ltd., Roorkee - a dispute that had persisted despite payment records. The ruling provides consumer relief in a long-pending billing dispute and reinforces ombudsman jurisdiction over legacy claims.
872-year-old Srinagar Garhwal consumer wins UPCL meter dispute; Uttarakhand Ombudsman issues Award No. 60/2025
The Electricity Ombudsman of Uttarakhand issued Award dated May 13, 2026, in Representation No. 60/2025, ruling in favour of Shri Praveen Thapliyal, a 72-year-old senior citizen from Tehri Garhwal, who alleged that a UPCL representative visited his premises on March 19, 2025, for meter reading but no bill was issued. His connection no. SN75209071891 served only 3 residents, yet billing irregularities persisted. The decision underscores ombudsman protections for senior citizens facing utility disputes.
8Galwalia Ispat moves from Uttarakhand Ombudsman to UERC; Representation No. 20/2026 closed without merits
The Electricity Ombudsman of Uttarakhand closed Representation No. 20/2026 on May 13, 2026, after M/s Galwalia Ispat Udyog (P) Ltd., Narain Nagar Industrial Area, Kashipur, Udham Singh Nagar, withdrew its appeal against Uttarakhand Power Corporation Ltd. The petitioner opted to pursue the case before the Uttarakhand Electricity Regulatory Commission, which had accepted it for hearing - a procedural shift reflecting the layered redressal mechanism for industrial consumers under the Electricity Act, 2003.
8La Opala RG withdraws UPCL complaint at Uttarakhand Ombudsman; shifts case to UERC in Sitarganj billing matter
The Electricity Ombudsman of Uttarakhand closed Representation No. 10/2026 on May 6, 2026, after La Opala RG Ltd., Plot No. B-108, ESIP, Sitarganj, Udham Singh Nagar, withdrew its appeal against Uttarakhand Power Corporation Ltd. via letter dated May 7, 2026, citing intent to pursue the matter before the Hon'ble UERC. The withdrawal underscores how high-value industrial consumers prefer direct regulatory adjudication over the ombudsman route for complex tariff and billing disputes. Details
8HPERC approves Himachal Pradesh's Resource Adequacy Plan for FY2026-35; total contracted capacity to hit 11,524 MW by 2035-36
The Himachal Pradesh Electricity Regulatory Commission (HPERC) decided on Petition No. 73 of 2026 on May 14, 2026, approving the Resource Adequacy Plan submitted by HP State Electricity Board Limited. The plan projects electricity demand to grow at a CAGR of 4.63% with peak demand at 3.71% from FY26 to FY36. By FY2035-36, total projected contracted capacity will be approximately 11,524 MW, comprising 4,067 MW solar, 2,247 MW hydro, 900 MW hydro-pumped storage, 569 MW hydro-based, 410 MW coal, 55 MW nuclear and 4 MW biomass.
8CERC adopts transmission charges for Morena-I SEZ's 2,500 MW renewable evacuation system in Madhya Pradesh
The Central Electricity Regulatory Commission, in Petition No. 132/AT/2026 dated May 13, 2026, took up the matter of transmission charges for Morena-I SEZ Transmission Limited's infrastructure built to evacuate power from 2,500 MW RE projects in Morena SEZ, Madhya Pradesh - Phase I - under Section 63 of the Electricity Act, 2003. The proceeding aims to operationalise transmission tariff arrangements for power evacuation from a key renewable energy zone supporting India's clean energy targets.
8CERC schedules June 10 public hearing on Power Market Second Amendment Regulations 2026 via online video conference
The Central Electricity Regulatory Commission, vide notice No. L-1/257/2020 dated May 13, 2026, announced a public hearing on June 10, 2026 at 10:30 AM through online video conferencing on the Draft CERC (Power Market) (Second Amendment) Regulations, 2026. The hearing invites representatives from central/state governments, LDCs, CPSUs, transmission licensees, power exchanges, IPPs, financial institutions, NGOs and consultancy firms, marking a major review of India's power market regulatory framework.
8CERC extends deadline for Power Market Second Amendment comments to June 5, 2026 after stakeholder requests
The Central Electricity Regulatory Commission, vide Public Notice No. L-1/257/2020 dated May 13, 2026, extended the submission deadline for comments, suggestions and objections on the Draft CERC (Power Market) (Second Amendment) Regulations, 2026, from May 16, 2026 to June 5, 2026 - following requests from stakeholders. Submissions are to be sent to secy@cercind.gov.in and mahesh.khicher@cercind.gov.in, providing additional time for power exchanges, traders, and market participants to articulate views on key amendments.
8TNERC releases Draft SLDC Fees and Charges Regulations 2026 with new MYT framework and control period
The Tamil Nadu Electricity Regulatory Commission released its Draft Regulations for Determination of State Load Despatch Centre Fees and Charges, 2026, on May 14, 2026, covering the Multi-Year Tariff (MYT) framework, annual tariff cycle, control period, definitions, transitional provisions and applicability. The regulation is constituted under Section 82(1) of the Electricity Act, 2003 (Central Act 36 of 2003) and forms the basis for recovering the operating costs of Tamil Nadu's State Load Despatch Centre over a multi-year horizon.
8APTEL rules on tariff dispute for NEEPCO's 101 MW Tripura gas plant in Appeal No. 184 of 2020
The Appellate Tribunal for Electricity (APTEL) delivered its judgment on May 14, 2026 in Appeal No. 184 of 2020, filed by Tripura State Electricity Corporation Limited (TSECL) challenging CERC's April 4, 2019 order on tariff approval for North Eastern Electric Power Corporation Ltd.'s (NEEPCO) 101 MW Tripura Gas Based Power Plant at Monarchak, Sepahijala District. The original CERC petition (No. 128/GT/2017) covered the tariff from Commercial Operation Date of the Gas Turbine unit to March 31, 2019, with TSECL as the sole beneficiary and off-taker.
REGULATORY PETITION & REVIEW
8UPERC hears Spaark Bresson WTE's tariff petition for 24.70 MW waste-to-energy plant at Kuberpur, Agra
The Uttar Pradesh Electricity Regulatory Commission, Lucknow, on May 14, 2026, took up Petition No. 2373 of 2026 filed by M/s Spaark Bresson WTE Private Ltd., Faridabad, Haryana, seeking provisional tariff approval for supply of 21 MW from a 24.70 MW Municipal Solid Waste-based Waste-to-Energy plant at Kuberpur, Agra, Uttar Pradesh, under Sections 61, 62 and 86 of the Electricity Act, 2003, with UPPCL as the respondent. The matter is significant for India's urban waste-to-power policy framework.
8UPERC proceeds in fly ash transportation reimbursement case for FY 2022-23, 2023-24 and 2024-25
The Uttar Pradesh Electricity Regulatory Commission, Lucknow, in Petition Nos. 2106/2024 and 2226/2025, heard arguments on May 14, 2026, concerning reimbursement of fly ash transportation costs for FY 2022-23, 2023-24, and 2024-25 under MoEF&CC Notification No. S.O. 5481(E) dated December 31, 2021. The petition is filed under Section 86(1)(b) of the Electricity Act, 2003, and Article 14 of the Power Purchase Agreement dated November 12, 2006, addressing a cost pass-through issue for thermal generators.
8GERC adjourns Gujarat Urja Vikas Nigam's 700 MW solar PV tariff petition for Dholera Solar Park Phase IX
The Gujarat Electricity Regulatory Commission, in its daily order dated May 13, 2026, adjourned Petition No. 1906 of 2020 filed by Gujarat Urja Vikas Nigam Limited seeking adoption of tariff for 700 MW Solar PV projects in the 1,000 MW Dholera Solar Park under Phase IX competitive bidding. The matter stands connected with Petitions No. 2282 and 2283 of 2023, and the next hearing date is to be intimated separately, leaving one of Gujarat's largest solar park tariff finalisations pending.
8TNERC adjourns Tamil Nadu Power Distribution Corp's MP No. 12 case to May 19; Sakthi Sugars and TNPL case also listed
The Tamil Nadu Electricity Regulatory Commission, on May 14, 2026, adjourned M.P. No. 12 of 2026 filed by the Chief Engineer/PPP of Tamil Nadu Power Distribution Corporation Ltd. to May 19, 2026, at the petitioner's request for filing an additional affidavit. The same bench also listed Review Application No. 3 of 2024, involving M/s Sakthi Sugars and Tamil Nadu Newsprint and Papers Ltd. versus TANGEDCO. The matters concern intra-state power supply and PPA-related disputes.
OMBUDSMAN & CONSUMER GRIEVANCE
8Uttarakhand Ombudsman awards relief to Roorkee consumer in 8-year billing dispute with UPCL
The Electricity Ombudsman of Uttarakhand, in Award No. 14/2026 dated May 13, 2026, adjudicated the complaint of Shri Raja Ram, Haridwar, who contested that dues of Rs. 75,560 cleared on March 25, 2015, against a 1 KW domestic connection (meter no. 530172) were still being raised by Uttarakhand Power Corporation Ltd., Roorkee - a dispute that had persisted despite payment records. The ruling provides consumer relief in a long-pending billing dispute and reinforces ombudsman jurisdiction over legacy claims.
872-year-old Srinagar Garhwal consumer wins UPCL meter dispute; Uttarakhand Ombudsman issues Award No. 60/2025
The Electricity Ombudsman of Uttarakhand issued Award dated May 13, 2026, in Representation No. 60/2025, ruling in favour of Shri Praveen Thapliyal, a 72-year-old senior citizen from Tehri Garhwal, who alleged that a UPCL representative visited his premises on March 19, 2025, for meter reading but no bill was issued. His connection no. SN75209071891 served only 3 residents, yet billing irregularities persisted. The decision underscores ombudsman protections for senior citizens facing utility disputes.
8Galwalia Ispat moves from Uttarakhand Ombudsman to UERC; Representation No. 20/2026 closed without merits
The Electricity Ombudsman of Uttarakhand closed Representation No. 20/2026 on May 13, 2026, after M/s Galwalia Ispat Udyog (P) Ltd., Narain Nagar Industrial Area, Kashipur, Udham Singh Nagar, withdrew its appeal against Uttarakhand Power Corporation Ltd. The petitioner opted to pursue the case before the Uttarakhand Electricity Regulatory Commission, which had accepted it for hearing - a procedural shift reflecting the layered redressal mechanism for industrial consumers under the Electricity Act, 2003.
8La Opala RG withdraws UPCL complaint at Uttarakhand Ombudsman; shifts case to UERC in Sitarganj billing matter
The Electricity Ombudsman of Uttarakhand closed Representation No. 10/2026 on May 6, 2026, after La Opala RG Ltd., Plot No. B-108, ESIP, Sitarganj, Udham Singh Nagar, withdrew its appeal against Uttarakhand Power Corporation Ltd. via letter dated May 7, 2026, citing intent to pursue the matter before the Hon'ble UERC. The withdrawal underscores how high-value industrial consumers prefer direct regulatory adjudication over the ombudsman route for complex tariff and billing disputes. Details
NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE
May 15:
QUARTERLY RESULTS
8TD Power Systems posts 42% surge in Q4 FY26 net sales to Rs. 53,426 lakhs; PAT jumps 43% YoY
TD Power Systems Limited (NSE: TDPOWERSYS | BSE: 533553), headquartered in Bengaluru, reported Q4 FY26 Net Sales rising to Rs. 53,426.62 lakhs from Rs. 37,634.47 lakhs a year earlier - a 42% jump - with PAT climbing 43% YoY to Rs. 6,274.20 lakhs. For full year FY26, Net Sales stood at Rs. 1,71,666.38 lakhs versus Rs. 1,26,539.62 lakhs in FY25, with annual PAT at Rs. 21,644.35 lakhs. The board also approved a final dividend of Rs. 1.10 per share and a 1:2 stock split.
8Fujiyama Power Systems delivers 87.5% revenue surge to Rs. 9,008 million in Q4 FY26; PAT more than doubles YoY
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613), a leading rooftop solar solutions provider, reported Q4 FY26 Revenue from Operations of Rs. 9,008 million - up 87.5% YoY - while EBITDA soared 116.9% to Rs. 1,715 million at a 19.0% margin. PAT grew 107.5% to Rs. 1,063 million with an 11.8% PAT margin. For FY26, revenue reached Rs. 26,545 million (up 72.3% YoY), with EBITDA nearly doubling to Rs. 4,903 million, reflecting strong rooftop solar demand.
8HCC FY26 standalone net profit surges 142% to Rs. 205.8 crore as debt falls 38% to Rs. 1,995 crore
Hindustan Construction Company Ltd. (NSE: HCC | BSE: 500185) reported standalone net profit rising 142% YoY to Rs. 205.8 crore from Rs. 84.9 crore in FY25, while debt was slashed 38% to Rs. 1,995 crore. The company's order book stood at Rs. 12,971 crore as of March 31, 2026, with new orders of Rs. 4,554 crore secured during FY26. Standalone EBITDA margin reached 16.1% and consolidated revenue stood at Rs. 3,969.6 crore. HCC has built 60% of India's installed nuclear power capacity.
8Kalpataru Projects reports 22% revenue jump to Rs. 27,143 crore in FY26; net debt plummets 53% to Rs. 915 crore
Kalpataru Projects International Limited (NSE: KPIL | BSE: 522287), an infrastructure EPC major, delivered its highest-ever consolidated revenue of Rs. 27,143 crore in FY26 - up 22% YoY - while EBITDA grew 22% to Rs. 2,240 crore. Pre-tax profit surged 62% YoY to Rs. 1,334 crore with PBT margin improving by 120 bps to 4.9%. Net debt was cut 53% to Rs. 915 crore, and EPS rose 71% to Rs. 60.90 per share. Order book stood at Rs. 65,457 crore with FY26 order intake of Rs. 26,400 crore.
8IndiGrid reports Q4 FY26 operational revenue of Rs. 874 crore, up 9.5% YoY; delivers full year DPU of Rs. 16 per unit
IndiGrid Infrastructure Trust, managed by IndiGrid Investment Managers Limited, reported Q4 FY26 operational revenue of Rs. 874 crore - up 9.5% YoY - with operational EBITDA of Rs. 782 crore at 89% margin (up 8.5% YoY). For FY26, operational revenue was Rs. 3,311 crore (up 3.1%) and EBITDA at Rs. 2,982 crore with 90% margin. AUM stood at Rs. 33,815 crore with Net Debt/AUM at 57.6%. Q4 FY26 DPU was declared at Rs. 4.00, delivering full-year guidance of Rs. 16.00 per unit.
8GMDC posts FY26 revenue of Rs. 2,653.38 crore; PBT of Rs. 1,301.88 crore including Rs. 492.63 crore GST credit
Gujarat Mineral Development Corporation Limited (NSE: GMDCLTD | BSE: 532181), a Government of Gujarat Enterprise, approved audited FY26 results on May 14, 2026. Revenue from Operations for FY26 stood at Rs. 2,653.38 crore versus Rs. 2,850.84 crore in FY25, with Net Profit Before Tax of Rs. 1,301.88 crore - boosted by an exceptional item of Rs. 522.65 crore representing GST input tax credit of Rs. 492.63 crore on lignite supply. Q4 FY26 standalone revenue was Rs. 814.05 crore with PBT of Rs. 261.74 crore.
8Patel Engineering posts FY26 revenue of Rs. 51,207 million with PAT of Rs. 2,945 million and EPS of Rs. 2.84
Patel Engineering Limited (NSE: PATELENG | BSE: 531120) reported FY26 consolidated revenue from operations of Rs. 51,027 million (up 0.2% YoY versus Rs. 50,934 million in FY25), EBITDA of Rs. 6,840 million at a 13.40% margin, and PAT of Rs. 2,945 million at 5.77% margin, with diluted EPS of Rs. 2.84 per share. Total order book stood at Rs. 1,51,193 million with FY26 order inflow of Rs. 44,000 million, and the company monetised non-core assets worth Rs. 1,850 million.
8Kalpataru Projects Q4 FY26 revenue rises 10% to Rs. 7,778 crore; PBT up 73% YoY to Rs. 511 crore
Kalpataru Projects International Limited (NSE: KPIL | BSE: 522287) published Q4 FY26 results showing revenue of Rs. 7,778 crore (up 10% YoY), EBITDA of Rs. 640 crore (up 19% YoY), and PBT of Rs. 511 crore (up 73% YoY). The Q4 performance contributed to the highest-ever annual revenue of Rs. 27,143 crore for FY26. The Board recommended a dividend of Rs. 11 per share (550% on face value of Rs. 2). The company holds a robust order book of Rs. 65,457 crore and received FY26 order intake of Rs. 26,400 crore.
ANNUAL RESULTS
8L&T files Integrated Annual Report for FY2025-26 ahead of 81st AGM scheduled for June 5, 2026
Larsen & Toubro Limited (NSE: LT | BSE: 500510), India's largest engineering conglomerate (CIN: L99999MH1946PLC004768), filed its Integrated Annual Report for FY2025-26 including Business Responsibility and Sustainability Reporting with BSE and NSE. The report precedes L&T's 81st Annual General Meeting scheduled for Friday, June 5, 2026 at 3:00 PM IST via Video Conferencing. L&T emphasised resilience amidst global geopolitical shifts, AI-driven innovation, and India's infrastructure growth story during FY26.
8Orient Green Power releases Q4 FY26 audited standalone and consolidated results audio recording
Orient Green Power Company Limited (NSE: GREENPOWER | BSE: 533263) uploaded the audio recording of its Investors/Analysts Call held on May 13, 2026, covering audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The recording, accessible on the company's website, confirms compliance with SEBI Regulation 30 obligations and offers institutional investors and analysts post-call access to management commentary on the renewable energy company's FY26 operational and financial performance.
DIVIDEND & BOARD DECISIONS
8HCC board approves Rs. 800 crore fundraise; authorised share capital raised from Rs. 300 crore to Rs. 400 crore
Hindustan Construction Company Ltd. (NSE: HCC | BSE: 500185) announced a major capital-raising plan with its Board approving fund infusion of up to Rs. 800 crore through equity shares or equity-linked instruments including QIP, preferential allotment, or rights issue, subject to regulatory and shareholder approvals. The Board also approved an increase in Authorised Share Capital from Rs. 300 crore to Rs. 400 crore, restructuring the capital to 390 crore equity shares of Rs. 1 each. The announcement came at the Board Meeting held on May 14, 2026.
8Kalpataru Projects board recommends Rs. 11 per share dividend (550%) on Rs. 2 face value for FY26
Kalpataru Projects International Limited (NSE: KPIL | BSE: 522287) Board recommended a dividend of Rs. 11 per share representing 550% on face value of Rs. 2 for FY26. The declaration follows the company's strongest-ever financial performance with consolidated revenue of Rs. 27,143 crore (up 22% YoY), EBITDA of Rs. 2,240 crore, and PAT growth that took EPS up 71% to Rs. 60.90 per share. Net debt was simultaneously cut by 53% to Rs. 915 crore, strengthening the balance sheet alongside the dividend payout.
8GMDC recommends Rs. 9.50 per share dividend (475%) on Rs. 2 face value after FY26 PBT of Rs. 1,301.88 crore
Gujarat Mineral Development Corporation Limited (NSE: GMDCLTD | BSE: 532181), a Government of Gujarat Enterprise, recommended a dividend of Rs. 9.50 per equity share of Rs. 2 each (475% of face value) for FY26, subject to shareholder approval at the AGM. The recommendation came alongside FY26 Net Profit Before Tax of Rs. 1,301.88 crore - boosted by an exceptional item of Rs. 522.65 crore representing GST input tax credit of Rs. 492.63 crore on lignite supply. Total assets stood at Rs. 8,978.89 crore as of March 31, 2026.
8Fujiyama Power board approves 1.2 GW TOPCon solar cell plant at Ratlam with Rs. 350 crore investment
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613) held its Board Meeting on May 14, 2026 from 4:45 PM to 7:00 PM IST, approving audited FY26 financial results, setting up a 1.2 GW TOPCon solar cell manufacturing facility at Ratlam, Madhya Pradesh with a Rs. 350 crore investment, and commissioning its 2 GW solar panel manufacturing line at Ratlam. The Board also provided updates on inverter and battery manufacturing lines and addressed a fire incident at the company's Bawal Industrial Area facility in Rewari, Haryana.
8Siemens Limited receives Central Government approval to shift financial year to April–March cycle from FY2026-27
Siemens Limited (NSE: SIEMENS EQ | BSE: 500550) disclosed on May 14, 2026 that it has received an order from the Central Government through the Regional Director, Western Region Directorate I, Ministry of Corporate Affairs, Mumbai, vide order dated May 13, 2026, approving a change in its financial year. The company will adopt a uniform April 1–March 31 financial year cycle beginning FY2026-27, and will observe a one-time transitional 18-month financial year from October 1, 2024 to March 31, 2026, transitioning from its prior October–September cycle.
EARNINGS CALL & ANALYST MEET
8Siemens Energy India hosts H1 FY26 earnings call; powers 55% of India's large steam turbines and 30% of grid capacity
Siemens Energy India Limited (NSE: ENRIN | BSE: 544390), a pure-play energy company with 8 factories across India (CIN: L28110MH2024PLC418770), hosted its H1 FY26 Earnings Call with investors on May 15, 2026. The company serves India's entire energy value chain across power generation, transmission, and industrial solutions, with its technology underpinning approximately 55% of India's large steam turbines, 25% of gas turbines, and 30% of grid capacity. Sales rights also cover Bhutan, Nepal, Maldives, and Sri Lanka.
8ACME Solar Holdings releases full transcript of Q4 FY26 earnings call held May 8, 2026
ACME Solar Holdings Limited (NSE: ACMESOLAR | BSE: 544283), headquartered in Gurugram, Haryana (CIN: L40106HR2015PLC102129), filed the complete transcript of its Q4 and FY26 Earnings Conference Call held on May 8, 2026. Key management - including Chairman & MD Manoj Kumar Upadhyay, CEO Nikhil Dhingra, and CFO Arun Chopra - participated in the call moderated by Nikunj Seth of MUFG. The transcript covers audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
8Genus Power Infrastructures schedules Q4 FY26 earnings call for May 19, 2026 at 1:00 PM IST
Genus Power Infrastructures Limited (NSE: GENUSPOWER | BSE: 530343), a Kailash Group Company headquartered in Jaipur, announced an earnings call on Tuesday, May 19, 2026 at 1:00 PM IST to discuss its operational and financial performance for the quarter and full year ended March 31, 2026. The call will be hosted by Kaviraj Securities Pvt. Ltd., offering analysts and investors a first look at the smart metering and energy management major's FY26 results. The company is a key player in India's smart meter rollout under various state DISCOM tenders.
8Quality Power shares Q4 FY26 earnings presentation; IPO at Rs. 425 per share raised Rs. 858.70 crore
Quality Power Electrical Equipments Limited (NSE: QPOWER | BSE: 544367) shared its Q4 FY26 Earnings Presentation at an investor/analyst call held on May 14, 2026 at 12:00 PM IST. The company, which raised a total of Rs. 858.696 crore through its IPO at Rs. 425 per share - Rs. 224.999 crore as fresh issue (5,294,100 shares) and Rs. 633.696 crore as offer for sale (14,910,500 shares) - presented its audited financial results for the quarter and year ended March 31, 2026.
8Patel Engineering MD and CFO lead Q4 FY26 investor call; audio recording uploaded online
Patel Engineering Limited (NSE: PATELENG | BSE: 531120), a Mumbai-based infrastructure company (CIN: L99999MH1949PLC007039), uploaded the audio recording of its Q4 and FY26 Investor Conference Call to its website. The call was attended by Managing Director Ms. Kavita Shirvaikar and Chief Financial Officer Mr. Rahul Agarwal. The company confirmed that no unpublished price-sensitive information was shared during the call. The recording is available at https://tinyurl.com/ys74s4xm, submitted per SEBI Regulations 30 and 46(2)(oa).
CREDIT RATING & ANALYST REPORT
8ICRA withdraws [ICRA]A+(Stable) rating on Tirunveli Solar's Rs. 300 crore bank facilities after No Dues Certificate
ICRA has withdrawn the [ICRA]A+(Stable) ratings on the bank facilities of Tirunveli Solar Project Private Limited (TSPPL) - totalling Rs. 300 crore (Rs. 273 crore term loan and Rs. 27 crore working capital) - at the company's request and based on a No Dues Certificate received from its bankers. TSPPL is a subsidiary of Ayana Renewable Power Private Limited (ARPPL), which provides parent-level financial support. The withdrawal is in line with ICRA's policy on rating withdrawals.
8CareEdge retains 'CARE D; ISSUER NOT COOPERATING' tag on Rake Power's Rs. 10 crore bank facilities
CARE Ratings Ltd. (CareEdge Ratings) retained a 'CARE D; ISSUER NOT COOPERATING' rating on Rake Power Limited's (RPL) bank facilities totalling Rs. 10 crore - Rs. 7 crore long-term and Rs. 3 crore long-term/short-term. First placed under this category on March 21, 2025, RPL has continued to fail to provide information despite repeated requests on February 4, February 14, and February 24, 2026. The rating indicates default-level credit risk based on the best available information. Details
8TD Power Systems posts 42% surge in Q4 FY26 net sales to Rs. 53,426 lakhs; PAT jumps 43% YoY
TD Power Systems Limited (NSE: TDPOWERSYS | BSE: 533553), headquartered in Bengaluru, reported Q4 FY26 Net Sales rising to Rs. 53,426.62 lakhs from Rs. 37,634.47 lakhs a year earlier - a 42% jump - with PAT climbing 43% YoY to Rs. 6,274.20 lakhs. For full year FY26, Net Sales stood at Rs. 1,71,666.38 lakhs versus Rs. 1,26,539.62 lakhs in FY25, with annual PAT at Rs. 21,644.35 lakhs. The board also approved a final dividend of Rs. 1.10 per share and a 1:2 stock split.
8Fujiyama Power Systems delivers 87.5% revenue surge to Rs. 9,008 million in Q4 FY26; PAT more than doubles YoY
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613), a leading rooftop solar solutions provider, reported Q4 FY26 Revenue from Operations of Rs. 9,008 million - up 87.5% YoY - while EBITDA soared 116.9% to Rs. 1,715 million at a 19.0% margin. PAT grew 107.5% to Rs. 1,063 million with an 11.8% PAT margin. For FY26, revenue reached Rs. 26,545 million (up 72.3% YoY), with EBITDA nearly doubling to Rs. 4,903 million, reflecting strong rooftop solar demand.
8HCC FY26 standalone net profit surges 142% to Rs. 205.8 crore as debt falls 38% to Rs. 1,995 crore
Hindustan Construction Company Ltd. (NSE: HCC | BSE: 500185) reported standalone net profit rising 142% YoY to Rs. 205.8 crore from Rs. 84.9 crore in FY25, while debt was slashed 38% to Rs. 1,995 crore. The company's order book stood at Rs. 12,971 crore as of March 31, 2026, with new orders of Rs. 4,554 crore secured during FY26. Standalone EBITDA margin reached 16.1% and consolidated revenue stood at Rs. 3,969.6 crore. HCC has built 60% of India's installed nuclear power capacity.
8Kalpataru Projects reports 22% revenue jump to Rs. 27,143 crore in FY26; net debt plummets 53% to Rs. 915 crore
Kalpataru Projects International Limited (NSE: KPIL | BSE: 522287), an infrastructure EPC major, delivered its highest-ever consolidated revenue of Rs. 27,143 crore in FY26 - up 22% YoY - while EBITDA grew 22% to Rs. 2,240 crore. Pre-tax profit surged 62% YoY to Rs. 1,334 crore with PBT margin improving by 120 bps to 4.9%. Net debt was cut 53% to Rs. 915 crore, and EPS rose 71% to Rs. 60.90 per share. Order book stood at Rs. 65,457 crore with FY26 order intake of Rs. 26,400 crore.
8IndiGrid reports Q4 FY26 operational revenue of Rs. 874 crore, up 9.5% YoY; delivers full year DPU of Rs. 16 per unit
IndiGrid Infrastructure Trust, managed by IndiGrid Investment Managers Limited, reported Q4 FY26 operational revenue of Rs. 874 crore - up 9.5% YoY - with operational EBITDA of Rs. 782 crore at 89% margin (up 8.5% YoY). For FY26, operational revenue was Rs. 3,311 crore (up 3.1%) and EBITDA at Rs. 2,982 crore with 90% margin. AUM stood at Rs. 33,815 crore with Net Debt/AUM at 57.6%. Q4 FY26 DPU was declared at Rs. 4.00, delivering full-year guidance of Rs. 16.00 per unit.
8GMDC posts FY26 revenue of Rs. 2,653.38 crore; PBT of Rs. 1,301.88 crore including Rs. 492.63 crore GST credit
Gujarat Mineral Development Corporation Limited (NSE: GMDCLTD | BSE: 532181), a Government of Gujarat Enterprise, approved audited FY26 results on May 14, 2026. Revenue from Operations for FY26 stood at Rs. 2,653.38 crore versus Rs. 2,850.84 crore in FY25, with Net Profit Before Tax of Rs. 1,301.88 crore - boosted by an exceptional item of Rs. 522.65 crore representing GST input tax credit of Rs. 492.63 crore on lignite supply. Q4 FY26 standalone revenue was Rs. 814.05 crore with PBT of Rs. 261.74 crore.
8Patel Engineering posts FY26 revenue of Rs. 51,207 million with PAT of Rs. 2,945 million and EPS of Rs. 2.84
Patel Engineering Limited (NSE: PATELENG | BSE: 531120) reported FY26 consolidated revenue from operations of Rs. 51,027 million (up 0.2% YoY versus Rs. 50,934 million in FY25), EBITDA of Rs. 6,840 million at a 13.40% margin, and PAT of Rs. 2,945 million at 5.77% margin, with diluted EPS of Rs. 2.84 per share. Total order book stood at Rs. 1,51,193 million with FY26 order inflow of Rs. 44,000 million, and the company monetised non-core assets worth Rs. 1,850 million.
8Kalpataru Projects Q4 FY26 revenue rises 10% to Rs. 7,778 crore; PBT up 73% YoY to Rs. 511 crore
Kalpataru Projects International Limited (NSE: KPIL | BSE: 522287) published Q4 FY26 results showing revenue of Rs. 7,778 crore (up 10% YoY), EBITDA of Rs. 640 crore (up 19% YoY), and PBT of Rs. 511 crore (up 73% YoY). The Q4 performance contributed to the highest-ever annual revenue of Rs. 27,143 crore for FY26. The Board recommended a dividend of Rs. 11 per share (550% on face value of Rs. 2). The company holds a robust order book of Rs. 65,457 crore and received FY26 order intake of Rs. 26,400 crore.
ANNUAL RESULTS
8L&T files Integrated Annual Report for FY2025-26 ahead of 81st AGM scheduled for June 5, 2026
Larsen & Toubro Limited (NSE: LT | BSE: 500510), India's largest engineering conglomerate (CIN: L99999MH1946PLC004768), filed its Integrated Annual Report for FY2025-26 including Business Responsibility and Sustainability Reporting with BSE and NSE. The report precedes L&T's 81st Annual General Meeting scheduled for Friday, June 5, 2026 at 3:00 PM IST via Video Conferencing. L&T emphasised resilience amidst global geopolitical shifts, AI-driven innovation, and India's infrastructure growth story during FY26.
8Orient Green Power releases Q4 FY26 audited standalone and consolidated results audio recording
Orient Green Power Company Limited (NSE: GREENPOWER | BSE: 533263) uploaded the audio recording of its Investors/Analysts Call held on May 13, 2026, covering audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The recording, accessible on the company's website, confirms compliance with SEBI Regulation 30 obligations and offers institutional investors and analysts post-call access to management commentary on the renewable energy company's FY26 operational and financial performance.
DIVIDEND & BOARD DECISIONS
8HCC board approves Rs. 800 crore fundraise; authorised share capital raised from Rs. 300 crore to Rs. 400 crore
Hindustan Construction Company Ltd. (NSE: HCC | BSE: 500185) announced a major capital-raising plan with its Board approving fund infusion of up to Rs. 800 crore through equity shares or equity-linked instruments including QIP, preferential allotment, or rights issue, subject to regulatory and shareholder approvals. The Board also approved an increase in Authorised Share Capital from Rs. 300 crore to Rs. 400 crore, restructuring the capital to 390 crore equity shares of Rs. 1 each. The announcement came at the Board Meeting held on May 14, 2026.
8Kalpataru Projects board recommends Rs. 11 per share dividend (550%) on Rs. 2 face value for FY26
Kalpataru Projects International Limited (NSE: KPIL | BSE: 522287) Board recommended a dividend of Rs. 11 per share representing 550% on face value of Rs. 2 for FY26. The declaration follows the company's strongest-ever financial performance with consolidated revenue of Rs. 27,143 crore (up 22% YoY), EBITDA of Rs. 2,240 crore, and PAT growth that took EPS up 71% to Rs. 60.90 per share. Net debt was simultaneously cut by 53% to Rs. 915 crore, strengthening the balance sheet alongside the dividend payout.
8GMDC recommends Rs. 9.50 per share dividend (475%) on Rs. 2 face value after FY26 PBT of Rs. 1,301.88 crore
Gujarat Mineral Development Corporation Limited (NSE: GMDCLTD | BSE: 532181), a Government of Gujarat Enterprise, recommended a dividend of Rs. 9.50 per equity share of Rs. 2 each (475% of face value) for FY26, subject to shareholder approval at the AGM. The recommendation came alongside FY26 Net Profit Before Tax of Rs. 1,301.88 crore - boosted by an exceptional item of Rs. 522.65 crore representing GST input tax credit of Rs. 492.63 crore on lignite supply. Total assets stood at Rs. 8,978.89 crore as of March 31, 2026.
8Fujiyama Power board approves 1.2 GW TOPCon solar cell plant at Ratlam with Rs. 350 crore investment
Fujiyama Power Systems Limited (NSE: UTLSOLAR | BSE: 544613) held its Board Meeting on May 14, 2026 from 4:45 PM to 7:00 PM IST, approving audited FY26 financial results, setting up a 1.2 GW TOPCon solar cell manufacturing facility at Ratlam, Madhya Pradesh with a Rs. 350 crore investment, and commissioning its 2 GW solar panel manufacturing line at Ratlam. The Board also provided updates on inverter and battery manufacturing lines and addressed a fire incident at the company's Bawal Industrial Area facility in Rewari, Haryana.
8Siemens Limited receives Central Government approval to shift financial year to April–March cycle from FY2026-27
Siemens Limited (NSE: SIEMENS EQ | BSE: 500550) disclosed on May 14, 2026 that it has received an order from the Central Government through the Regional Director, Western Region Directorate I, Ministry of Corporate Affairs, Mumbai, vide order dated May 13, 2026, approving a change in its financial year. The company will adopt a uniform April 1–March 31 financial year cycle beginning FY2026-27, and will observe a one-time transitional 18-month financial year from October 1, 2024 to March 31, 2026, transitioning from its prior October–September cycle.
EARNINGS CALL & ANALYST MEET
8Siemens Energy India hosts H1 FY26 earnings call; powers 55% of India's large steam turbines and 30% of grid capacity
Siemens Energy India Limited (NSE: ENRIN | BSE: 544390), a pure-play energy company with 8 factories across India (CIN: L28110MH2024PLC418770), hosted its H1 FY26 Earnings Call with investors on May 15, 2026. The company serves India's entire energy value chain across power generation, transmission, and industrial solutions, with its technology underpinning approximately 55% of India's large steam turbines, 25% of gas turbines, and 30% of grid capacity. Sales rights also cover Bhutan, Nepal, Maldives, and Sri Lanka.
8ACME Solar Holdings releases full transcript of Q4 FY26 earnings call held May 8, 2026
ACME Solar Holdings Limited (NSE: ACMESOLAR | BSE: 544283), headquartered in Gurugram, Haryana (CIN: L40106HR2015PLC102129), filed the complete transcript of its Q4 and FY26 Earnings Conference Call held on May 8, 2026. Key management - including Chairman & MD Manoj Kumar Upadhyay, CEO Nikhil Dhingra, and CFO Arun Chopra - participated in the call moderated by Nikunj Seth of MUFG. The transcript covers audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
8Genus Power Infrastructures schedules Q4 FY26 earnings call for May 19, 2026 at 1:00 PM IST
Genus Power Infrastructures Limited (NSE: GENUSPOWER | BSE: 530343), a Kailash Group Company headquartered in Jaipur, announced an earnings call on Tuesday, May 19, 2026 at 1:00 PM IST to discuss its operational and financial performance for the quarter and full year ended March 31, 2026. The call will be hosted by Kaviraj Securities Pvt. Ltd., offering analysts and investors a first look at the smart metering and energy management major's FY26 results. The company is a key player in India's smart meter rollout under various state DISCOM tenders.
8Quality Power shares Q4 FY26 earnings presentation; IPO at Rs. 425 per share raised Rs. 858.70 crore
Quality Power Electrical Equipments Limited (NSE: QPOWER | BSE: 544367) shared its Q4 FY26 Earnings Presentation at an investor/analyst call held on May 14, 2026 at 12:00 PM IST. The company, which raised a total of Rs. 858.696 crore through its IPO at Rs. 425 per share - Rs. 224.999 crore as fresh issue (5,294,100 shares) and Rs. 633.696 crore as offer for sale (14,910,500 shares) - presented its audited financial results for the quarter and year ended March 31, 2026.
8Patel Engineering MD and CFO lead Q4 FY26 investor call; audio recording uploaded online
Patel Engineering Limited (NSE: PATELENG | BSE: 531120), a Mumbai-based infrastructure company (CIN: L99999MH1949PLC007039), uploaded the audio recording of its Q4 and FY26 Investor Conference Call to its website. The call was attended by Managing Director Ms. Kavita Shirvaikar and Chief Financial Officer Mr. Rahul Agarwal. The company confirmed that no unpublished price-sensitive information was shared during the call. The recording is available at https://tinyurl.com/ys74s4xm, submitted per SEBI Regulations 30 and 46(2)(oa).
CREDIT RATING & ANALYST REPORT
8ICRA withdraws [ICRA]A+(Stable) rating on Tirunveli Solar's Rs. 300 crore bank facilities after No Dues Certificate
ICRA has withdrawn the [ICRA]A+(Stable) ratings on the bank facilities of Tirunveli Solar Project Private Limited (TSPPL) - totalling Rs. 300 crore (Rs. 273 crore term loan and Rs. 27 crore working capital) - at the company's request and based on a No Dues Certificate received from its bankers. TSPPL is a subsidiary of Ayana Renewable Power Private Limited (ARPPL), which provides parent-level financial support. The withdrawal is in line with ICRA's policy on rating withdrawals.
8CareEdge retains 'CARE D; ISSUER NOT COOPERATING' tag on Rake Power's Rs. 10 crore bank facilities
CARE Ratings Ltd. (CareEdge Ratings) retained a 'CARE D; ISSUER NOT COOPERATING' rating on Rake Power Limited's (RPL) bank facilities totalling Rs. 10 crore - Rs. 7 crore long-term and Rs. 3 crore long-term/short-term. First placed under this category on March 21, 2025, RPL has continued to fail to provide information despite repeated requests on February 4, February 14, and February 24, 2026. The rating indicates default-level credit risk based on the best available information. Details
Download tenders and news clips
May 15:
For reference purposes the website carries here the following tenders:
8Tender for civil work for construction of 33 kV link bay at 132 kV S/S Details
8Tender for construction of 01 No. 132kV GIS bay and 01 No. 33kV GIS bay includes Details
8Tender for diversion of 220 kV DC line Details
8Tender for work of providing and applying high insulation compound coating to IPS tube's, support insulators Details
8Tender for work of annual rate contract for 220/110/48 V DC battery set & battery charger available Details
8Tender for work of annual rate contract for work of attending emergency breakdown & maintenance work during outage at various 220/132kV substation Details
8Tender for renovation of filter beds and replacement of filter media at water treatment plant Details
8Tender for outsourcing of electrical and instrumentation works Details
8Tender for induced draft cooling towers Details
8Tender for civil works for replacement of existing 100 MVA, 220/132kV transformer Details
8Tender for supply of high sensitivity SF6 gas leakage detector Details
8Tender for procurement of digital earth resistance instrument Details
8Tender for certain improvement works Details
8Design, fabrication, supply, installation, testing and commissioning of total of 18-WATT solar LED street lighting system Details
8Design, fabrication, supply, installation, testing and commissioning of total 30 KW grid connected solar PV power plant Details
8Tender for civil works to prevent the 33 kV S/Stn. Tohana Details
8Tender for civil works to prevent the 33 kV S/Stn. Details
8Tender for Re-construction of other allied civil works to prevent the 33 kV S/Stn. Details
8Tender for extension of switch house Details
8Tender for supply, erection, testing & commissioning of wire rope hoist with replacement of existing Details
8Tender for supply of 300 NB M.S.ERW pipes Details
8Tender for shifting and height raising of 132 kV D/C transmission line Details
8Tender for supply of pulverized fuel bends for coal mill Details
8Tender for routine, preventive, breakdown maintenance and overhauling jobs (mechanical jobs) of boiler feed pumps Details
8Tender for repair works inside power house like repairing of transformer Details
8Tender for face lifting including completion of balance works Details
8Tender for construction of retaining wall along with drain around back side of switchyard generator Details
8Tender for repair and renovation of frames, shutters Details
8Tender for work of interchange of 220kV circuit Details
8Tender for work of IN SITU repairing/overhauling of high energy drain valves Details
8Tender for supply of 33kV and 11kV, vacuum circuit breakers along with spare parts Details
8Tender for supply of 33/11 kV, 10 MVA power transformers Details
8Tender for rectification, grouting and water proofing works and other similar type miscellaneous job Details
8Tender for civil maintenance works Details
8Tender for providing wind barrier at ash pond 2 Details
8Tender for construction of partly over ground water storage tank including pipeline Details
8Tender for day to day maintenance of water distribution system Details
8Tender for roof treatment and associated civil works Details
8Design engineering inspection supply installation testing and commissioning of transformer and associated system Details
8Tender for miscellaneous repair work Details
8Tender for supply of 33/11 kV, 5.0 MVA power transformers Details
8Tender for annual operation upkeeping and horticulture maintenance Details
8Tender for procurement of testing equipment for different power houses Details
8Tender for procurement of 1000 MT sulphuric acid Details
8Tender for turnkey construction of 01 (one) no. of 33kV feeder bay Details
8Tender for construction of 33 kV line for power supply Details
8Tender for construction and shifting of existing 33kV/11kV/LT OH/UG lines Details
8Tender for supply of spares for model RAM 54 gas compressor Details
8Tender for procurement of consumable spare parts of journal head and trunion shaft Details
8Tender for loading/unloading and transportation of line materials Details
8Tender for development of enabling infrastructure and related works Details
8Tender for repair and renovation of houses Details
8Tender for renovation, upgradation of AV system Details
8Design, supply installation of chlorine dioxide dosing system for PT plant Details
8Tender for development of 320 kW grid connected roof top solar power project Details
8Tender for procurement of stage-I generator transformer Details
8Tender for supply of 11kV and 33kV current transformers Details
8Tender for work contract for complete repairing/ refurbishment of various type damaged gear boxes Details
8Tender for annual rate contract for cable laying, cable dismantling and cable jointing work of 11/6.6/1.1 kV cables Details
8Tender for procurement of spares for SADC damper actuator, installed Details
8Tender for procurement of mobil pyrotec HFD 46-B governing oil Details
8Tender for procurement of recommended spares and servicing of chloride analyzer installed Details
8Tender for various civil construction works pertaining to feeder bays, augmentation of X-mer, addl. X-mer etc. Details
8Tender for civil works for construction of 220kV voltage X-mer, 132kV voltage X-mer, soak pit Details
8Tender for renovation of the electric supply Details
8Tender for supply of 11 kV 1250 Amp outdoor type VCB with CT PT and CRP Details
8Tender for supply of super enamelled aluminium winding wire of different size Details
8Tender for work of replacement of old 220kV RCC support structure of isolator Details
8Tender for erection of equipment and structure, control wiring, yard lighting, control room wiring, etc. Details
8Tender for reconductoring using LT ABC Details
8Tender for construction of compound wall with chainlink fencing at 110kV substation Details
8Tender for service contract for overhauling/repairing of 01(one) No. BFP cartridge Details
8Tender for rate contract for supply and dosing of chemicals for cooling water treatment Details
8Tender for running works contract for the erection works of LT overhead feeder, HT overhead feeder, structure erection works Details
8Tender for running works contract for the erection works of LT overhead feeder, HT overhead feeder Details
8Tender for supply of GI stranded wire 7/12 SWG Details
8Tender for supply of second hand HP LP by pass system complete assembly of 210MW LMW design turbine Details
8Tender for supply of GI solid wire 6 SWG Details
8Tender for supply of tapping channel cross arm Details
8Tender for supply of various types of numerical protection relays Details
8Tender for supply, fabrication and erection of steel structures, earthing steels Details
8Tender for replacement of eroded pressure parts tubes Details
8Tender for repairing of existing LT/HT lines and providing new poles Details
8Tender for construction of HT line, LT line and sub-station Details
8Tender for replacement of weasel conductor by aerial bunch cable Details
8Tender for construction of 02Nos 2x5MVA substation Details
8Tender for construction of 2x12.5MVA, 33/11kV substation with 33kV , 11 kV line Details
8Tender for AMC for the work of replacement of failed/sick various substation Details
8Tender for construction of retention (protection) wall for the protection of tower Details
8Tender for supply, installation, configuration, testing & commissioning of the data diode solution Details
8Tender for work of testing of DGA (dissolved gas analysis) & other parameter of T/F oil at various Details
8Tender for Bi-annual maintenance of NIFP system Details
8Tender for supply and installation for the work of EPDM based modular advance multi cable transit system for cable entry points Details
8Tender for supply, installation, testing & commissioning of conversion of 66kV S/C line Details
8Design, engineering, manufacturing, supply, erection, testing & commissioning of 01Nos. of 220/132kV 150MVA transformer Details
8Tender for construction of retaining cum compound wall, earthwork Details
8Tender for Bi -annual rate contract for restoration work of various 132kV & 220kV class transmission lines Details
8Tender for construction of control room foundations, cable trench Details
8Tender for work of shifting of 66kV line Details
8Tender for supply of generator air coolers Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Govt approves scheme to promote coal gasification projects Details
84 Stocks to Watch as Cabinet Approves Coal Gasification Scheme Details
8Govt Okays Rs 375-billion Coal Gasification Scheme: What It Means for Stocks Details
8Coal gasification emerges as priority, can redefine India's energy security Details
8New Era Cleantech emerges as flagbearer in coal gasification Details
8India to invest over $20 bn in offshore energy mapping: Hardeep Singh Puri Details
8NLC India Stock May 15: Profit Surges 189% on Record Power Output Details
8Suzlon Energy, Tata Power, Inox Wind, ACME, NTPC, Waaree Energies, Premier, NTPC, IEX: MOFSL views on power stocks Details
8Dr Jitendra inaugurates UP ‘Solar Manufacturing Plant’, hails India’s Clean Energy march Details
8EVE Energy lands 8GWh India storage deal Details
8India Has 11,000 GW Geothermal Heat Potential, 450 GW Power Capacity: Report Details
8Government Pushes Faster Battery Storage Deployment And Grid Expansion Details
8Jyoti Structures inks JV for power transmission infrastructure project in Sri Lanka Details
8Centre unveils 200 MW solar module manufacturing line at CEL Details
8NTPC Green Energy Adds 62.5 MW Solar Capacity in Rajasthan, Total Installed Capacity Hits 10,516 MW Details
8Geothermal energy has 450 GW power potential in India, says report Details
8India's Power Sector Revolution: Electrification & Infrastructure Development Details
8CERC Proposes Faster Real-Time Power Market To Support India’s Renewable Energy Growth Details
8Indraprastha Gas Limited Launches 200 MW Solar and Battery Storage Tender in Rajasthan to Expand Clean Energy Portfolio Details
8Siemens Energy India Powers Ahead with Robust Profit Growth Details
8ADM Solar Power Accelerates India’s Green Energy Mission with Innovative Solar Infrastructure Solutions. Details
8Assam CM reviews power projects, stresses stronger energy infrastructure Details
8This Navratna PSU Power Stock Jumps 11% On Thursday As Company Reports Q4FY26 Results; PAT Surges 189%, Announces Rs 0.25 Per Share Final Dividend Details
8Siemens Energy India Powers Ahead with Robust Profit Growth Details
8Policy support for generating more solar power Details
8India’s Geothermal Potential: A 450 GW Energy Opportunity Details
You can also click on Newsclips for more Details
8Tender for civil work for construction of 33 kV link bay at 132 kV S/S Details
8Tender for construction of 01 No. 132kV GIS bay and 01 No. 33kV GIS bay includes Details
8Tender for diversion of 220 kV DC line Details
8Tender for work of providing and applying high insulation compound coating to IPS tube's, support insulators Details
8Tender for work of annual rate contract for 220/110/48 V DC battery set & battery charger available Details
8Tender for work of annual rate contract for work of attending emergency breakdown & maintenance work during outage at various 220/132kV substation Details
8Tender for renovation of filter beds and replacement of filter media at water treatment plant Details
8Tender for outsourcing of electrical and instrumentation works Details
8Tender for induced draft cooling towers Details
8Tender for civil works for replacement of existing 100 MVA, 220/132kV transformer Details
8Tender for supply of high sensitivity SF6 gas leakage detector Details
8Tender for procurement of digital earth resistance instrument Details
8Tender for certain improvement works Details
8Design, fabrication, supply, installation, testing and commissioning of total of 18-WATT solar LED street lighting system Details
8Design, fabrication, supply, installation, testing and commissioning of total 30 KW grid connected solar PV power plant Details
8Tender for civil works to prevent the 33 kV S/Stn. Tohana Details
8Tender for civil works to prevent the 33 kV S/Stn. Details
8Tender for Re-construction of other allied civil works to prevent the 33 kV S/Stn. Details
8Tender for extension of switch house Details
8Tender for supply, erection, testing & commissioning of wire rope hoist with replacement of existing Details
8Tender for supply of 300 NB M.S.ERW pipes Details
8Tender for shifting and height raising of 132 kV D/C transmission line Details
8Tender for supply of pulverized fuel bends for coal mill Details
8Tender for routine, preventive, breakdown maintenance and overhauling jobs (mechanical jobs) of boiler feed pumps Details
8Tender for repair works inside power house like repairing of transformer Details
8Tender for face lifting including completion of balance works Details
8Tender for construction of retaining wall along with drain around back side of switchyard generator Details
8Tender for repair and renovation of frames, shutters Details
8Tender for work of interchange of 220kV circuit Details
8Tender for work of IN SITU repairing/overhauling of high energy drain valves Details
8Tender for supply of 33kV and 11kV, vacuum circuit breakers along with spare parts Details
8Tender for supply of 33/11 kV, 10 MVA power transformers Details
8Tender for rectification, grouting and water proofing works and other similar type miscellaneous job Details
8Tender for civil maintenance works Details
8Tender for providing wind barrier at ash pond 2 Details
8Tender for construction of partly over ground water storage tank including pipeline Details
8Tender for day to day maintenance of water distribution system Details
8Tender for roof treatment and associated civil works Details
8Design engineering inspection supply installation testing and commissioning of transformer and associated system Details
8Tender for miscellaneous repair work Details
8Tender for supply of 33/11 kV, 5.0 MVA power transformers Details
8Tender for annual operation upkeeping and horticulture maintenance Details
8Tender for procurement of testing equipment for different power houses Details
8Tender for procurement of 1000 MT sulphuric acid Details
8Tender for turnkey construction of 01 (one) no. of 33kV feeder bay Details
8Tender for construction of 33 kV line for power supply Details
8Tender for construction and shifting of existing 33kV/11kV/LT OH/UG lines Details
8Tender for supply of spares for model RAM 54 gas compressor Details
8Tender for procurement of consumable spare parts of journal head and trunion shaft Details
8Tender for loading/unloading and transportation of line materials Details
8Tender for development of enabling infrastructure and related works Details
8Tender for repair and renovation of houses Details
8Tender for renovation, upgradation of AV system Details
8Design, supply installation of chlorine dioxide dosing system for PT plant Details
8Tender for development of 320 kW grid connected roof top solar power project Details
8Tender for procurement of stage-I generator transformer Details
8Tender for supply of 11kV and 33kV current transformers Details
8Tender for work contract for complete repairing/ refurbishment of various type damaged gear boxes Details
8Tender for annual rate contract for cable laying, cable dismantling and cable jointing work of 11/6.6/1.1 kV cables Details
8Tender for procurement of spares for SADC damper actuator, installed Details
8Tender for procurement of mobil pyrotec HFD 46-B governing oil Details
8Tender for procurement of recommended spares and servicing of chloride analyzer installed Details
8Tender for various civil construction works pertaining to feeder bays, augmentation of X-mer, addl. X-mer etc. Details
8Tender for civil works for construction of 220kV voltage X-mer, 132kV voltage X-mer, soak pit Details
8Tender for renovation of the electric supply Details
8Tender for supply of 11 kV 1250 Amp outdoor type VCB with CT PT and CRP Details
8Tender for supply of super enamelled aluminium winding wire of different size Details
8Tender for work of replacement of old 220kV RCC support structure of isolator Details
8Tender for erection of equipment and structure, control wiring, yard lighting, control room wiring, etc. Details
8Tender for reconductoring using LT ABC Details
8Tender for construction of compound wall with chainlink fencing at 110kV substation Details
8Tender for service contract for overhauling/repairing of 01(one) No. BFP cartridge Details
8Tender for rate contract for supply and dosing of chemicals for cooling water treatment Details
8Tender for running works contract for the erection works of LT overhead feeder, HT overhead feeder, structure erection works Details
8Tender for running works contract for the erection works of LT overhead feeder, HT overhead feeder Details
8Tender for supply of GI stranded wire 7/12 SWG Details
8Tender for supply of second hand HP LP by pass system complete assembly of 210MW LMW design turbine Details
8Tender for supply of GI solid wire 6 SWG Details
8Tender for supply of tapping channel cross arm Details
8Tender for supply of various types of numerical protection relays Details
8Tender for supply, fabrication and erection of steel structures, earthing steels Details
8Tender for replacement of eroded pressure parts tubes Details
8Tender for repairing of existing LT/HT lines and providing new poles Details
8Tender for construction of HT line, LT line and sub-station Details
8Tender for replacement of weasel conductor by aerial bunch cable Details
8Tender for construction of 02Nos 2x5MVA substation Details
8Tender for construction of 2x12.5MVA, 33/11kV substation with 33kV , 11 kV line Details
8Tender for AMC for the work of replacement of failed/sick various substation Details
8Tender for construction of retention (protection) wall for the protection of tower Details
8Tender for supply, installation, configuration, testing & commissioning of the data diode solution Details
8Tender for work of testing of DGA (dissolved gas analysis) & other parameter of T/F oil at various Details
8Tender for Bi-annual maintenance of NIFP system Details
8Tender for supply and installation for the work of EPDM based modular advance multi cable transit system for cable entry points Details
8Tender for supply, installation, testing & commissioning of conversion of 66kV S/C line Details
8Design, engineering, manufacturing, supply, erection, testing & commissioning of 01Nos. of 220/132kV 150MVA transformer Details
8Tender for construction of retaining cum compound wall, earthwork Details
8Tender for Bi -annual rate contract for restoration work of various 132kV & 220kV class transmission lines Details
8Tender for construction of control room foundations, cable trench Details
8Tender for work of shifting of 66kV line Details
8Tender for supply of generator air coolers Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Govt approves scheme to promote coal gasification projects Details
84 Stocks to Watch as Cabinet Approves Coal Gasification Scheme Details
8Govt Okays Rs 375-billion Coal Gasification Scheme: What It Means for Stocks Details
8Coal gasification emerges as priority, can redefine India's energy security Details
8New Era Cleantech emerges as flagbearer in coal gasification Details
8India to invest over $20 bn in offshore energy mapping: Hardeep Singh Puri Details
8NLC India Stock May 15: Profit Surges 189% on Record Power Output Details
8Suzlon Energy, Tata Power, Inox Wind, ACME, NTPC, Waaree Energies, Premier, NTPC, IEX: MOFSL views on power stocks Details
8Dr Jitendra inaugurates UP ‘Solar Manufacturing Plant’, hails India’s Clean Energy march Details
8EVE Energy lands 8GWh India storage deal Details
8India Has 11,000 GW Geothermal Heat Potential, 450 GW Power Capacity: Report Details
8Government Pushes Faster Battery Storage Deployment And Grid Expansion Details
8Jyoti Structures inks JV for power transmission infrastructure project in Sri Lanka Details
8Centre unveils 200 MW solar module manufacturing line at CEL Details
8NTPC Green Energy Adds 62.5 MW Solar Capacity in Rajasthan, Total Installed Capacity Hits 10,516 MW Details
8Geothermal energy has 450 GW power potential in India, says report Details
8India's Power Sector Revolution: Electrification & Infrastructure Development Details
8CERC Proposes Faster Real-Time Power Market To Support India’s Renewable Energy Growth Details
8Indraprastha Gas Limited Launches 200 MW Solar and Battery Storage Tender in Rajasthan to Expand Clean Energy Portfolio Details
8Siemens Energy India Powers Ahead with Robust Profit Growth Details
8ADM Solar Power Accelerates India’s Green Energy Mission with Innovative Solar Infrastructure Solutions. Details
8Assam CM reviews power projects, stresses stronger energy infrastructure Details
8This Navratna PSU Power Stock Jumps 11% On Thursday As Company Reports Q4FY26 Results; PAT Surges 189%, Announces Rs 0.25 Per Share Final Dividend Details
8Siemens Energy India Powers Ahead with Robust Profit Growth Details
8Policy support for generating more solar power Details
8India’s Geothermal Potential: A 450 GW Energy Opportunity Details
You can also click on Newsclips for more Details
Daily Power Sector Tenders Excel update
May 14:
8Daily Excel covering new tenders and all published updates including corrigendum, amendment, addendum, clarification and status revisions, along with technical and financial bid opening, evaluation completion and final award actions including AOC and LOA issuance.
Click on Reports for more Details
Click on Reports for more Details
Grid reactor award highlights tightening competition in high-voltage equipment procurement
May 14:
8The latest reactor award appears routine, but the limited bidder field points to increasing concentration in the high-voltage supply market.
8The outcome reflects how specialised manufacturing capability and qualification barriers are narrowing competition in bulk grid procurement. Details
8The outcome reflects how specialised manufacturing capability and qualification barriers are narrowing competition in bulk grid procurement. Details
Rs 161 crore grid package gets deadline extension amid unresolved pricing concerns
May 14:
8The extended timeline gives EPC bidders more preparation room, but key equipment-rate concerns remain untouched.
8The decision could influence bidder participation and reshape how execution risk is priced into the package. Details
8The decision could influence bidder participation and reshape how execution risk is priced into the package. Details
Contracting news for the day
May 14:
815 MW hydro package bid deadline extended amid rising execution-risk concerns
The latest extension suggests bidders are reassessing terrain, logistics and hydro-mechanical interface exposure rather than facing only routine scheduling delays. The package highlights how Himalayan hydro execution is becoming increasingly difficult to price commercially.
8Rs 259 crore hydro EPC package gets another deadline extension amid rising bidder caution
The repeated extension signals deeper bidder reassessment around eligibility, bank guarantees and OEM-linked execution responsibility. Beyond the date shift, the package reflects growing risk pricing pressure in complex hydro EPC contracting.
8Rs 140 crore hydro package gets deadline extension as qualification interpretation comes under focus
The latest extension follows bidder queries over hydro mechanical eligibility, shifting attention from timelines to qualification strategy. The clarification could materially alter bidder positioning and narrow the competitive field.
8Rs 172 crore-plus coal logistics package gets deadline extension amid tighter execution-risk scrutiny
The revised schedule keeps bidder interest alive without easing qualification pressure. Behind the extension, the package reflects rising concern around revised BOQ exposure, consortium structuring and penalty-linked operational risk across mining and rail interfaces.
8Rs 3 crore NDCT package sharpens civil-risk scrutiny in thermal balance works
The package appears standard on the surface, but bidder focus is shifting toward foundation quantities, free-issued material treatment and reverse-auction exposure. The tender could ultimately favour execution precision over aggressive pricing.
8Rs 206 crore 765 kV AIS package signals tighter execution and qualification strategy
The tender goes beyond a standard substation package by combining a steep financial threshold with restrictive execution conditions. The deeper impact lies in how exclusivity and TBCB-linked obligations could reshape bidder flexibility and project risk allocation.
8400 kV AIS package brings tighter exclusivity and qualification controls into focus
The substation tie-up shifts competitive pressure toward pre-bid positioning rather than tariff discovery alone. Strong emphasis on exclusivity, NDA compliance and high-voltage execution credentials signals a more selective vendor strategy than a routine EPC package.
8Multi-corridor 66 kV HTLS package signals hidden-capacity push without fresh ROW expansion
The bundled reconductoring strategy reflects a wider effort to increase transmission capacity across stressed industrial corridors without major tower modification. Behind the upgrade plan, the tender shifts significant outage management, integration and execution responsibility onto contractors.
825-year rooftop solar package shifts long-term performance risk deeper onto developers
The rooftop solar tender goes beyond capacity addition by embedding a long-duration commercial structure that could alter bidder financing and O&M strategy. The key issue is not installation alone, but how lifetime generation and performance accountability are ultimately distributed. Details
The latest extension suggests bidders are reassessing terrain, logistics and hydro-mechanical interface exposure rather than facing only routine scheduling delays. The package highlights how Himalayan hydro execution is becoming increasingly difficult to price commercially.
8Rs 259 crore hydro EPC package gets another deadline extension amid rising bidder caution
The repeated extension signals deeper bidder reassessment around eligibility, bank guarantees and OEM-linked execution responsibility. Beyond the date shift, the package reflects growing risk pricing pressure in complex hydro EPC contracting.
8Rs 140 crore hydro package gets deadline extension as qualification interpretation comes under focus
The latest extension follows bidder queries over hydro mechanical eligibility, shifting attention from timelines to qualification strategy. The clarification could materially alter bidder positioning and narrow the competitive field.
8Rs 172 crore-plus coal logistics package gets deadline extension amid tighter execution-risk scrutiny
The revised schedule keeps bidder interest alive without easing qualification pressure. Behind the extension, the package reflects rising concern around revised BOQ exposure, consortium structuring and penalty-linked operational risk across mining and rail interfaces.
8Rs 3 crore NDCT package sharpens civil-risk scrutiny in thermal balance works
The package appears standard on the surface, but bidder focus is shifting toward foundation quantities, free-issued material treatment and reverse-auction exposure. The tender could ultimately favour execution precision over aggressive pricing.
8Rs 206 crore 765 kV AIS package signals tighter execution and qualification strategy
The tender goes beyond a standard substation package by combining a steep financial threshold with restrictive execution conditions. The deeper impact lies in how exclusivity and TBCB-linked obligations could reshape bidder flexibility and project risk allocation.
8400 kV AIS package brings tighter exclusivity and qualification controls into focus
The substation tie-up shifts competitive pressure toward pre-bid positioning rather than tariff discovery alone. Strong emphasis on exclusivity, NDA compliance and high-voltage execution credentials signals a more selective vendor strategy than a routine EPC package.
8Multi-corridor 66 kV HTLS package signals hidden-capacity push without fresh ROW expansion
The bundled reconductoring strategy reflects a wider effort to increase transmission capacity across stressed industrial corridors without major tower modification. Behind the upgrade plan, the tender shifts significant outage management, integration and execution responsibility onto contractors.
825-year rooftop solar package shifts long-term performance risk deeper onto developers
The rooftop solar tender goes beyond capacity addition by embedding a long-duration commercial structure that could alter bidder financing and O&M strategy. The key issue is not installation alone, but how lifetime generation and performance accountability are ultimately distributed. Details
Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day
NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES
May 14:
COAL PRODUCTION & OFFTAKE
8Telangana's TSGENCO plants under dual stress: Bhadradri at 17% and Kothagudem (New) at just 14% normative stock
CEA's 12 May coal stock report, consistent with CIL's tracking through 11 May 2026, marks two TSGENCO plants as super-critical: Bhadradri TPP (1,080 MW) at 17% normative stock and Kothagudem TPS New (1,000 MW) at 14%. Singareni TPP (1,200 MW) is also critical at 24%, with SCCL flagged to ensure supply per subgroup plan. TSGENCO's aggregate normative ratio stands at 30% - the lowest among major state utilities tracked - across 6,380 MW of thermal capacity heading into peak summer demand.
8MAHAGENCO's coal crisis deepens: Chandrapur, Khaparkheda and Bhusawal all below 50% normative stock
Maharashtra's MAHAGENCO, operating 10,200 MW of thermal capacity, recorded an aggregate stock-to-normative ratio of just 46% as on 12 May 2026 per CEA's daily coal report. Khaparkheda TPS (37%), Bhusawal TPS (40%) and Chandrapur STPS (39%) are at the lowest levels, with Parli TPS and Paras TPS also critically stressed at 51% and 44% respectively. CIL's multi-day tracking shows the utility's coal cover has remained persistently sub-normative across the 8–11 May window.
8Andhra Pradesh's APGENCO and APPDCL plumb new lows; both utilities below 35% normative coal cover
CEA's coal stock report for 12 May 2026, corroborated by Coal India's four-day trend data through 11 May, places APGENCO (Dr. N. Tata Rao TPS and Rayalaseema TPS) at a dangerously low 32% of normative coal stock, while APPDCL's Damodaram Sanjeevaiah TPS sits at 32%. The combined shortfall across the two Andhra utilities spans over 1,800 MW of thermal capacity running on depleted coal inventory, raising grid reliability concerns for the Southern Region as peak summer demand intensifies.
8CSPGCL outperforms all state utilities with 168% normative coal cover; Korba-West leads at 172%
Chhattisgarh's CSPGCL stands as the healthiest state utility in CEA's 12 May 2026 coal stock table, with an aggregate normative ratio of 168% across three plants totalling 2,840 MW. Korba-West TPS (1,340 MW, pithead) holds 172% normative stock, DSPM TPS records 167%, and Marwa TPS 165%. Coal India's four-day series from 8–11 May confirms CSPGCL's stocks remained consistently above-normative, underscoring Chhattisgarh's advantage as a coal-belt state with direct mine access for its generating fleet. Details
8Telangana's TSGENCO plants under dual stress: Bhadradri at 17% and Kothagudem (New) at just 14% normative stock
CEA's 12 May coal stock report, consistent with CIL's tracking through 11 May 2026, marks two TSGENCO plants as super-critical: Bhadradri TPP (1,080 MW) at 17% normative stock and Kothagudem TPS New (1,000 MW) at 14%. Singareni TPP (1,200 MW) is also critical at 24%, with SCCL flagged to ensure supply per subgroup plan. TSGENCO's aggregate normative ratio stands at 30% - the lowest among major state utilities tracked - across 6,380 MW of thermal capacity heading into peak summer demand.
8MAHAGENCO's coal crisis deepens: Chandrapur, Khaparkheda and Bhusawal all below 50% normative stock
Maharashtra's MAHAGENCO, operating 10,200 MW of thermal capacity, recorded an aggregate stock-to-normative ratio of just 46% as on 12 May 2026 per CEA's daily coal report. Khaparkheda TPS (37%), Bhusawal TPS (40%) and Chandrapur STPS (39%) are at the lowest levels, with Parli TPS and Paras TPS also critically stressed at 51% and 44% respectively. CIL's multi-day tracking shows the utility's coal cover has remained persistently sub-normative across the 8–11 May window.
8Andhra Pradesh's APGENCO and APPDCL plumb new lows; both utilities below 35% normative coal cover
CEA's coal stock report for 12 May 2026, corroborated by Coal India's four-day trend data through 11 May, places APGENCO (Dr. N. Tata Rao TPS and Rayalaseema TPS) at a dangerously low 32% of normative coal stock, while APPDCL's Damodaram Sanjeevaiah TPS sits at 32%. The combined shortfall across the two Andhra utilities spans over 1,800 MW of thermal capacity running on depleted coal inventory, raising grid reliability concerns for the Southern Region as peak summer demand intensifies.
8CSPGCL outperforms all state utilities with 168% normative coal cover; Korba-West leads at 172%
Chhattisgarh's CSPGCL stands as the healthiest state utility in CEA's 12 May 2026 coal stock table, with an aggregate normative ratio of 168% across three plants totalling 2,840 MW. Korba-West TPS (1,340 MW, pithead) holds 172% normative stock, DSPM TPS records 167%, and Marwa TPS 165%. Coal India's four-day series from 8–11 May confirms CSPGCL's stocks remained consistently above-normative, underscoring Chhattisgarh's advantage as a coal-belt state with direct mine access for its generating fleet. Details
NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY
May 14:
PEAK DEMAND & GRID FREQUENCY
8India powers through: National grid clocks 247,680 MW peak demand on May 13 with zero shortage across all five regions
GRID-INDIA's National Load Despatch Centre (NLDC) reported a total maximum demand of 247,680 MW met across all regions on May 13, 2026, with the Western Region leading at 81,526 MW. Total energy met stood at 5,419 MU against zero peak shortage - a near-flawless operational day for India's national grid. Solar generation contributed 607 MU while wind added 292 MU to the national energy mix, signalling robust grid management amid surging summer demand and growing variable renewable energy penetration.
8Grid frequency wobbles 7.75 hours outside IEGC band on May 13; minimum touches 49.467 Hz
GRID-INDIA's frequency data for May 13, 2026 - sourced from NLDC's Balipara monitoring station - shows the national grid spent 7 hours and 45 minutes outside the IEGC-mandated 49.9–50.05 Hz band. The instantaneous frequency plunged to a day-low of 49.467 Hz at 14:09:50 hrs, while the peak reached 50.190 Hz at 19:02:50 hrs. The Frequency Deviation Index (FDI) stood at 32.3%, and the standard deviation of 0.0859 Hz signals moderate volatility - with grid operators managing 190 upward and 122 downward excursions through the day.
8Southern grid meets 57,030 MW evening peak demand without a single MW shortage; Krishnapatnam leads Andhra Pradesh at 1,898 MW
GRID-INDIA's SRLDC reported that the Southern region met a peak evening demand of 57,030 MW at 20:00 hrs on May 13, 2026 with zero shortage, while off-peak demand of 50,941 MW was similarly met in full. Andhra Pradesh's Krishnapatnam plant led generation at 1,898 MW gross, while SEIL contributed 1,207 MW gross. Andhra Pradesh's total demand met for the day reached 266.47 MU against requirements of 265.26 MU, as Karnataka and Tamil Nadu - at 344.29 MU and 421.46 MU respectively - also reported zero shortfall.
8Northern region meets 59,589 MW evening peak on May 13 with 1.6 MU residual shortage; UP demands 24,767 MW
NRLDC recorded an evening peak of 59,589 MW met on May 13, 2026 against zero peak shortage, though the day's total energy delivery fell short by 1.6 MU against a 1,568.91 MU requirement. Uttar Pradesh registered the highest maximum demand in the Northern region at 24,767 MW at 02:00 hrs, consuming 520.87 MU for the day. Rajasthan consumed 327.8 MU with no shortage, while Delhi met 132.56 MU. The Northern region's off-peak demand stood at 66,317 MW - higher than the evening peak - reflecting UP's elevated night-time agricultural load.
8Eastern region clears 26,473 MW at evening peak on May 13; West Bengal peaks at 10,900 MW
ERLDC's daily operation report for May 13, 2026 records the Eastern region meeting 26,473 MW at the evening peak with zero shortage and total day energy of 622.88 MU. West Bengal registered the region's highest peak at 10,900 MW at 23:14 hrs and consumed 232.69 MU for the day. Odisha met 140.49 MU of day energy - the highest in the region - with its demand peaking at 6,851 MW at 14:47 hrs. Bihar's peak demand reached 6,828 MW. Despite a collective under-injection of -9.81 MU against schedules, all states were cleared without shortage.
8Gujarat tops Western region at 25,879 MW peak; Maharashtra consumes 705 MU on May 13
GRID-INDIA's WRLDC reported 72,072 MW met at the evening peak on May 13, 2026, with total day energy of 1,783.9 MU against zero energy shortage. Gujarat recorded the region's highest peak demand at 25,879 MW and consumed 530.9 MU for the day - with its thermal generation contributing 191.9 MU, wind 73.7 MU and solar 79.6 MU. Maharashtra met 705.4 MU day energy - the highest absolute consumption - with thermal generation of 369 MU. Wind power contributed 111.4 MU region-wide, while solar added 126.9 MU.
8North Eastern region meets 3,079 MW evening peak on May 13 with zero shortage; Tripura surplus cushions smaller states
NERLDC's daily operation report for May 13, 2026 records a total evening peak demand of 3,079 MW met in full across all seven Northeastern states with zero shortfall. Total day energy met was 59.52 MU. Tripura generated a UI surplus of 0.18 MU, partially offsetting under-draws in Assam (-0.04 MU), Meghalaya, Manipur, Mizoram and Nagaland. Assam consumed 35.98 MU - the highest in the region - while day-ahead energy forecasts from LGBR showed a region-wide deviation of -4.27 MU, with Assam's forecast missing actual consumption by 5.76 MU.
8Tamil Nadu tops Southern demand at 18,680 MW on May 13; Southern region day energy hits 1,385 MU with no shortfall
SRLDC's Power Supply Position report for May 13, 2026 records the Southern region meeting 1,385.26 MU of day energy without any shortage. Tamil Nadu registered the highest demand at 18,680 MW at evening peak and contributed 421.46 MU of day energy - nearly 30% of the region's total. Karnataka followed at 17,111 MW peak and 344.29 MU. Telangana met 241.76 MU at an average demand of 10,273 MW, while Andhra Pradesh's maximum demand of 13,160 MW was met at 14:57 hrs with zero shortfall.
8Karnataka draws up to 8,000 MW, Tamil Nadu touches 12,000 MW in intraday peaks; Southern states track schedules on May 13
SRLDC's Schedule vs Drawal profiles for May 13, 2026 show Karnataka drawing up to 8,000 MW through the afternoon peak, while Tamil Nadu crossed 12,000 MW during daytime hours - the highest single-state draw in the Southern region. Andhra Pradesh operated within the 4,000–5,000 MW band for much of the day, and Telangana ranged between 3,000–4,500 MW. Across all six Southern entities, actual drawal broadly matched scheduled quantities, signalling disciplined grid behaviour through the high-demand summer day.
8NER grid stays stable on May 12 but frequency strays outside IEGC band for 4.33 hours; max frequency hits 50.187 Hz
North Eastern Regional Load Despatch Centre (NERLDC) in Shillong reported that on May 12, 2026, the region's frequency was within the IEGC band (49.9–50.05 Hz) for 81.04% of the day. However, frequency exceeded 50.05 Hz for 14% of the time and dipped below 49.9 Hz for 4.95% - totalling 4.33 hours outside band. The day's maximum frequency was 50.187 Hz and the minimum was 49.734 Hz, with an average of 49.999 Hz - pointing to an overall stable but intermittently stressed NER grid.
8Eastern region's day-ahead forecast misses by 6.47% MAPE on May 12; intraday model corrects sharply to just 1.52%
The Eastern Regional Load Despatch Centre's forecasting error report for May 12, 2026 reveals that the day-ahead demand forecast registered a MAPE of 6.47% and an RMSE of 7.14% - significantly elevated above ideal targets. The first 15-minute block alone saw a day-ahead forecast of 29,867 MW against an actual demand of 26,101 MW - an overestimation of 3,766 MW. The intraday model, however, corrected sharply, delivering a MAPE of just 1.52% and RMSE of 2.17%, demonstrating the value of real-time re-forecasting in managing Eastern region's variable demand.
8Vindhyachal STPS leads NLDC's SCUC schedule for May 14 at 205 paise/kWh; gas plants sidelined as ECR crosses 1,476 paise/kWh
NLDC's Security Constrained Unit Commitment (SCUC) schedule published on May 13 for delivery on May 14, 2026 shows 40 generators committed, with Vindhyachal STPS Stage 4 securing the lowest ECR slot at 205.2 paise/kWh and a schedule of 244.74 MW. Coal-fired plants dominate the dispatch order - Kahalgaon Stage 2 (706.26 MW at 274.3 paise/kWh), Mauda 2 (359.63 MW), and Indira Gandhi TPS Jhajjar (703.33 MW at 433.9 paise/kWh) feature prominently. All gas-based plants were scheduled at zero MW, signalling their continued unviability in current market conditions.
OCC MEETINGS & OUTAGE PLANNING
8NERPC seeks Rs. 66 lakh PRDC AMC nod as NER grid agenda widens to 24 issues
NERPC's 238th OCC agenda places several critical North Eastern Region grid issues before utilities, including PRDC's revised Rs. 66 lakh PDMS-PSCT AMC, Rs. 26.68 crore SAMAST AMC ceilings, 9,790.5 ckm of planned transmission additions, 20,875 MVA transformation needs, and urgent reliability concerns around Lower Subansiri, Balipara-Sonabil, Nagaland substations and Byrnihat tower corrosion. The agenda reflects the scale of grid investment required to integrate increasing hydro and renewable capacity from the Northeast into the national network.
8SRPC's 69th COMSR meeting presses KSEBL, SRLDC and utilities on May outage risks
SRPC's 69th COMSR meeting for May 2026 focuses on communication and outage vulnerabilities across the southern grid, including KSEBL's 30-minute to 1-hour SDH outages, dual-channel communication gaps, SRLDC observability concerns, and repeated directions to utilities to improve telemetry, redundancy and operational coordination. The meeting underscores SRPC's continued emphasis on grid reliability as the Southern region manages high renewable penetration alongside conventional thermal and nuclear generation through the peak demand summer season.
8Agri fires trip two 400 kV APTRANSCO lines on May 13; KPTCL's Raichur-Upper Jurala circuit out since April 26
Southern Regional Load Despatch Centre (SRLDC) reported 8 forced transmission outages on May 13, 2026. Two 400 kV APTRANSCO circuits - Narnoor-Jammalamadugu lines 1 and 2 - tripped simultaneously at 17:30 hrs due to YB phase faults caused by agricultural fires, though both were restored within the hour. The 400 kV POWERGRID line connecting Nellore PG to Thiruvalam tripped on a Y-N fault at 20:05 hrs. Most concerning, the 220 kV KPTCL Raichur-Upper Jurala-2 circuit has been out since April 26 following a three-phase fault.
8NTPC-Telangana STPP unit (800 MW) tripped on controller fault on May 13; Meenakshi Stage-2 boiler fails for second time
SRLDC's reservoir and thermal outage report for May 13, 2026 flags critical unplanned failures across the Southern region. NTPC-Telangana STPP's 800 MW Unit 1 tripped at 23:08 hrs due to a turbine-generator controller fault and was only restored by 04:45 hrs on May 14. Meenakshi Energy Ltd Stage 2's 350 MW Unit 4 suffered a boiler MFT (Master Fuel Trip) - its second forced outage in four days. Additionally, Vijayawada TPS Unit 7 (500 MW), out since May 11 due to boiler tube leakage, was finally restored at 16:59 hrs.
81,538 MW of central sector units stranded under NCLT; Srisailam LBPH sends 600 MW into annual overhaul through June 30
SRLDC's generating unit outage report for May 13, 2026 reveals that four LANCO LKPPL Stage-3 units totalling 732 MW have been under forced outage since September-November 2016 due to NCLT proceedings with no revival date in sight. On the state sector side, TGGENCO took four Srisailam Left Bank Power House units - totalling 600 MW - offline from May 9 for annual overhaul until June 30. Adani's 600 MW UPCL Unit 2 in Karnataka has also been on planned maintenance since May 6. NTPC's 359.98 MW at Kayamkulam remains on reserve shutdown indefinitely.
8KBUNL Bihar unit (195 MW) trips on generator protection on May 13; NHPC's Teesta HPS still dark after October 2023 glacial flood
Eastern Regional Load Despatch Centre (ERLDC) reported two Central Sector forced outages on May 13, 2026. KBUNL Bihar's 195 MW Unit 2 tripped at 19:56 hrs due to generator protection activation, while NTPC's 660 MW Nabinagar Unit 2 - already out since May 11 due to boiler tube leakage - was restored on May 14. NHPC's 170 MW Teesta HPS Unit 1 in Sikkim remains out since October 4, 2023, when a glacial lake outburst flood from Lohnak Lake destroyed the Teesta III dam - with no revival date confirmed.
8NTPC puts Gandhar and Kawas gas units on reserve shutdown on May 13; Western region manages 300 MW off-peak gap
WRLDC reported that NTPC placed multiple gas-based units in Gujarat on Reserve Shutdown on May 13, 2026 - including Gandhar's three 144.3 MW gas turbine units (total 432.9 MW) and all four Kawas units (424 MW combined). DGEN Gujarat also put two 400 MW units on RSD. On the planned maintenance side, NTPC's Vindhyachal STPS Stage 1 (210 MW) is undergoing Annual Overhaul until June 10. Despite these outages, the Western region met 72,072 MW at the evening peak though the off-peak period recorded a 300 MW shortfall.
8WRLDC's Wardha-Warora 400 kV line stays out since 2018 due to ferroresonance risk; Champa 765 kV bus sectionalisers kept open
WRLDC's transmission line outage report for May 13, 2026 reveals that the 400 kV Wardha-Warora POWERGRID line has remained on planned outage since May 4, 2018, following a LILO work complication - later reclassified as a ferroresonance risk - making it one of the longest-running transmission element outages in the Western Region. The Champa 765 kV and 400 kV Bus Sectionalisers (four elements) have been open since September 2021 for fault level control. Separately, DGEN's 400 kV ICT has been on outage after energisation testing.
REGIONAL ENERGY ACCOUNT
8NRPC deviation account shows NER-NR receivable at Rs. 28.17 crore in week 05
NRPC's DSM statement for 27 April–3 May 2026 highlights major inter-regional settlement flows, with NER-NR emerging as the biggest receivable entity at Rs. 28.17 crore (Rs. 2,816.51 lakh) and ER-NR leading the payable side at Rs. 17.25 crore (Rs. 1,725.01 lakh), underlining heavy deviation-linked financial movement during the week. The data underscores the scale of inter-regional energy flows and the financial settlements they generate under the Deviation Settlement Mechanism administered by Regional Power Committees across India.
8NRPC flags week-05 ancillary swings as DADRI-II TPS faces Rs. 2.91 crore TRAS refund
NRPC's ancillary services account for 27 April–3 May 2026 shows sharp TRAS pool movements, with DADRI-II TPS marked for a Rs. 2.91 crore TRAS-down refund, while TANDA-II STPS and IGSTPS-Jhajjar also feature among key stations shaping the week's payable and receivable position. The data reflects how Tertiary Reserve Ancillary Services are being deployed to maintain grid balance, with substantial financial flows linked to up and down regulation provided by major thermal generators in the Northern region.
8Jammu & Kashmir drives NRPC's FY24 DSM late-payment interest to Rs. 5.48 crore
NRPC's FY 2023-24 deviation settlement interest account shows total late-payment interest of Rs. 5.48 crore, with Jammu & Kashmir contributing the largest share at Rs. 4.45 crore, making it the central driver of the region's DSM interest burden for the financial year. The settlement reflects continued payment-related stress on certain state utilities and underscores the importance of timely DSM clearance in maintaining the financial integrity of the regional energy account.
8NTPC dominates NRPC ancillary-interest ledger with Rs. 8.23 crore TRAS receivable
NRPC's FY24 ancillary-services interest statement shows TRAS receivables of Rs. 8.53 crore, with NTPC alone accounting for Rs. 8.23 crore, indicating that the central generator remained the dominant claimant in the region's late-payment interest settlement for ancillary operations. The figure underscores NTPC's central role in providing tertiary reserve ancillary services to the Northern grid and the financial settlements that flow back when payments are delayed beyond the regulatory window.
8NRPC reactive-energy pool sees Uttar Pradesh receive Rs. 24.46 lakh, Rajasthan pay Rs. 27.46 lakh
NRPC's reactive-energy account for week 05 shows a clear divergence among state utilities, with Rajasthan topping the payable side at Rs. 27.46 lakh and Uttar Pradesh emerging as the largest receivable entity at Rs. 24.46 lakh, reflecting significant reactive-energy settlement pressure across the northern grid. The data highlights persistent reactive power imbalances among Northern region states as they manage growing renewable injection alongside conventional generation.
8Jammu & Kashmir anchors NRPC's FY24 reactive-interest bill at Rs. 28.43 lakh
NRPC's FY 2023-24 reactive-energy interest account totals Rs. 29.57 lakh, with Jammu & Kashmir alone accounting for Rs. 28.43 lakh, making it by far the largest contributor to the region's delayed reactive-energy payment interest for the year. The settlement underscores ongoing reactive energy management challenges in the Union Territory's grid and the financial obligations that accrue when reactive payments fall outside the regulatory clearance window stipulated by CERC.
8NRPC revises SCED account after duplicate entries; April pool receivable hits Rs. 10.06 crore
NRPC's revised SCED statement for April 2026 shows a net pool receivable of Rs. 10.06 crore after correcting duplicate entries, with DADRI TPS alone refunding Rs. 13.66 crore, placing the NTPC station at the centre of the month's security-constrained economic despatch settlement. The revision highlights the complexity of multi-station SCED accounting and the necessity of careful auditing to ensure accurate financial flows in the centralised ancillary services framework administered by NRPC.
TRANSMISSION LINE ENERGIZATION
8Maharashtra breaches ATC limit for 7 hours on May 13 at 29.2% violation rate; Goa records 22.9% ATC breach
WRLDC's daily system reliability indices report for May 13, 2026 highlights that Maharashtra violated Available Transfer Capability limits for 28 time blocks - equivalent to 7.0 hours - at a 29.2% violation rate, the highest among all Western region states. Goa registered ATC violations for 22 blocks (5.5 hours, 22.9%). On N-1 security criteria, Maharashtra again led with 13 blocks (3.2 hours, 13.5%), while Goa recorded 5 blocks. Gujarat, Madhya Pradesh, Chhattisgarh and DNHDDPDCL recorded zero violations across both parameters.
8National grid achieves zero ATC and N-1 violations across all inter-regional corridors on May 13
GRID-INDIA's National Load Despatch Centre reported zero Available Transfer Capability violations and zero N-1 criteria violations across all five major inter-regional corridors - WR-NR, ER-NR, NR Import, NEW-SR and NER Import - for May 13, 2026. The voltage profile report for 400 kV substations shows the Northern Region substations at Bhadla (0.35% time above 420 kV) and Ajmer (2.08% above band) as the only minor outliers, while the remaining 50+ substations maintained voltages within the 728–800 kV range at all times. Details
8India powers through: National grid clocks 247,680 MW peak demand on May 13 with zero shortage across all five regions
GRID-INDIA's National Load Despatch Centre (NLDC) reported a total maximum demand of 247,680 MW met across all regions on May 13, 2026, with the Western Region leading at 81,526 MW. Total energy met stood at 5,419 MU against zero peak shortage - a near-flawless operational day for India's national grid. Solar generation contributed 607 MU while wind added 292 MU to the national energy mix, signalling robust grid management amid surging summer demand and growing variable renewable energy penetration.
8Grid frequency wobbles 7.75 hours outside IEGC band on May 13; minimum touches 49.467 Hz
GRID-INDIA's frequency data for May 13, 2026 - sourced from NLDC's Balipara monitoring station - shows the national grid spent 7 hours and 45 minutes outside the IEGC-mandated 49.9–50.05 Hz band. The instantaneous frequency plunged to a day-low of 49.467 Hz at 14:09:50 hrs, while the peak reached 50.190 Hz at 19:02:50 hrs. The Frequency Deviation Index (FDI) stood at 32.3%, and the standard deviation of 0.0859 Hz signals moderate volatility - with grid operators managing 190 upward and 122 downward excursions through the day.
8Southern grid meets 57,030 MW evening peak demand without a single MW shortage; Krishnapatnam leads Andhra Pradesh at 1,898 MW
GRID-INDIA's SRLDC reported that the Southern region met a peak evening demand of 57,030 MW at 20:00 hrs on May 13, 2026 with zero shortage, while off-peak demand of 50,941 MW was similarly met in full. Andhra Pradesh's Krishnapatnam plant led generation at 1,898 MW gross, while SEIL contributed 1,207 MW gross. Andhra Pradesh's total demand met for the day reached 266.47 MU against requirements of 265.26 MU, as Karnataka and Tamil Nadu - at 344.29 MU and 421.46 MU respectively - also reported zero shortfall.
8Northern region meets 59,589 MW evening peak on May 13 with 1.6 MU residual shortage; UP demands 24,767 MW
NRLDC recorded an evening peak of 59,589 MW met on May 13, 2026 against zero peak shortage, though the day's total energy delivery fell short by 1.6 MU against a 1,568.91 MU requirement. Uttar Pradesh registered the highest maximum demand in the Northern region at 24,767 MW at 02:00 hrs, consuming 520.87 MU for the day. Rajasthan consumed 327.8 MU with no shortage, while Delhi met 132.56 MU. The Northern region's off-peak demand stood at 66,317 MW - higher than the evening peak - reflecting UP's elevated night-time agricultural load.
8Eastern region clears 26,473 MW at evening peak on May 13; West Bengal peaks at 10,900 MW
ERLDC's daily operation report for May 13, 2026 records the Eastern region meeting 26,473 MW at the evening peak with zero shortage and total day energy of 622.88 MU. West Bengal registered the region's highest peak at 10,900 MW at 23:14 hrs and consumed 232.69 MU for the day. Odisha met 140.49 MU of day energy - the highest in the region - with its demand peaking at 6,851 MW at 14:47 hrs. Bihar's peak demand reached 6,828 MW. Despite a collective under-injection of -9.81 MU against schedules, all states were cleared without shortage.
8Gujarat tops Western region at 25,879 MW peak; Maharashtra consumes 705 MU on May 13
GRID-INDIA's WRLDC reported 72,072 MW met at the evening peak on May 13, 2026, with total day energy of 1,783.9 MU against zero energy shortage. Gujarat recorded the region's highest peak demand at 25,879 MW and consumed 530.9 MU for the day - with its thermal generation contributing 191.9 MU, wind 73.7 MU and solar 79.6 MU. Maharashtra met 705.4 MU day energy - the highest absolute consumption - with thermal generation of 369 MU. Wind power contributed 111.4 MU region-wide, while solar added 126.9 MU.
8North Eastern region meets 3,079 MW evening peak on May 13 with zero shortage; Tripura surplus cushions smaller states
NERLDC's daily operation report for May 13, 2026 records a total evening peak demand of 3,079 MW met in full across all seven Northeastern states with zero shortfall. Total day energy met was 59.52 MU. Tripura generated a UI surplus of 0.18 MU, partially offsetting under-draws in Assam (-0.04 MU), Meghalaya, Manipur, Mizoram and Nagaland. Assam consumed 35.98 MU - the highest in the region - while day-ahead energy forecasts from LGBR showed a region-wide deviation of -4.27 MU, with Assam's forecast missing actual consumption by 5.76 MU.
8Tamil Nadu tops Southern demand at 18,680 MW on May 13; Southern region day energy hits 1,385 MU with no shortfall
SRLDC's Power Supply Position report for May 13, 2026 records the Southern region meeting 1,385.26 MU of day energy without any shortage. Tamil Nadu registered the highest demand at 18,680 MW at evening peak and contributed 421.46 MU of day energy - nearly 30% of the region's total. Karnataka followed at 17,111 MW peak and 344.29 MU. Telangana met 241.76 MU at an average demand of 10,273 MW, while Andhra Pradesh's maximum demand of 13,160 MW was met at 14:57 hrs with zero shortfall.
8Karnataka draws up to 8,000 MW, Tamil Nadu touches 12,000 MW in intraday peaks; Southern states track schedules on May 13
SRLDC's Schedule vs Drawal profiles for May 13, 2026 show Karnataka drawing up to 8,000 MW through the afternoon peak, while Tamil Nadu crossed 12,000 MW during daytime hours - the highest single-state draw in the Southern region. Andhra Pradesh operated within the 4,000–5,000 MW band for much of the day, and Telangana ranged between 3,000–4,500 MW. Across all six Southern entities, actual drawal broadly matched scheduled quantities, signalling disciplined grid behaviour through the high-demand summer day.
8NER grid stays stable on May 12 but frequency strays outside IEGC band for 4.33 hours; max frequency hits 50.187 Hz
North Eastern Regional Load Despatch Centre (NERLDC) in Shillong reported that on May 12, 2026, the region's frequency was within the IEGC band (49.9–50.05 Hz) for 81.04% of the day. However, frequency exceeded 50.05 Hz for 14% of the time and dipped below 49.9 Hz for 4.95% - totalling 4.33 hours outside band. The day's maximum frequency was 50.187 Hz and the minimum was 49.734 Hz, with an average of 49.999 Hz - pointing to an overall stable but intermittently stressed NER grid.
8Eastern region's day-ahead forecast misses by 6.47% MAPE on May 12; intraday model corrects sharply to just 1.52%
The Eastern Regional Load Despatch Centre's forecasting error report for May 12, 2026 reveals that the day-ahead demand forecast registered a MAPE of 6.47% and an RMSE of 7.14% - significantly elevated above ideal targets. The first 15-minute block alone saw a day-ahead forecast of 29,867 MW against an actual demand of 26,101 MW - an overestimation of 3,766 MW. The intraday model, however, corrected sharply, delivering a MAPE of just 1.52% and RMSE of 2.17%, demonstrating the value of real-time re-forecasting in managing Eastern region's variable demand.
8Vindhyachal STPS leads NLDC's SCUC schedule for May 14 at 205 paise/kWh; gas plants sidelined as ECR crosses 1,476 paise/kWh
NLDC's Security Constrained Unit Commitment (SCUC) schedule published on May 13 for delivery on May 14, 2026 shows 40 generators committed, with Vindhyachal STPS Stage 4 securing the lowest ECR slot at 205.2 paise/kWh and a schedule of 244.74 MW. Coal-fired plants dominate the dispatch order - Kahalgaon Stage 2 (706.26 MW at 274.3 paise/kWh), Mauda 2 (359.63 MW), and Indira Gandhi TPS Jhajjar (703.33 MW at 433.9 paise/kWh) feature prominently. All gas-based plants were scheduled at zero MW, signalling their continued unviability in current market conditions.
OCC MEETINGS & OUTAGE PLANNING
8NERPC seeks Rs. 66 lakh PRDC AMC nod as NER grid agenda widens to 24 issues
NERPC's 238th OCC agenda places several critical North Eastern Region grid issues before utilities, including PRDC's revised Rs. 66 lakh PDMS-PSCT AMC, Rs. 26.68 crore SAMAST AMC ceilings, 9,790.5 ckm of planned transmission additions, 20,875 MVA transformation needs, and urgent reliability concerns around Lower Subansiri, Balipara-Sonabil, Nagaland substations and Byrnihat tower corrosion. The agenda reflects the scale of grid investment required to integrate increasing hydro and renewable capacity from the Northeast into the national network.
8SRPC's 69th COMSR meeting presses KSEBL, SRLDC and utilities on May outage risks
SRPC's 69th COMSR meeting for May 2026 focuses on communication and outage vulnerabilities across the southern grid, including KSEBL's 30-minute to 1-hour SDH outages, dual-channel communication gaps, SRLDC observability concerns, and repeated directions to utilities to improve telemetry, redundancy and operational coordination. The meeting underscores SRPC's continued emphasis on grid reliability as the Southern region manages high renewable penetration alongside conventional thermal and nuclear generation through the peak demand summer season.
8Agri fires trip two 400 kV APTRANSCO lines on May 13; KPTCL's Raichur-Upper Jurala circuit out since April 26
Southern Regional Load Despatch Centre (SRLDC) reported 8 forced transmission outages on May 13, 2026. Two 400 kV APTRANSCO circuits - Narnoor-Jammalamadugu lines 1 and 2 - tripped simultaneously at 17:30 hrs due to YB phase faults caused by agricultural fires, though both were restored within the hour. The 400 kV POWERGRID line connecting Nellore PG to Thiruvalam tripped on a Y-N fault at 20:05 hrs. Most concerning, the 220 kV KPTCL Raichur-Upper Jurala-2 circuit has been out since April 26 following a three-phase fault.
8NTPC-Telangana STPP unit (800 MW) tripped on controller fault on May 13; Meenakshi Stage-2 boiler fails for second time
SRLDC's reservoir and thermal outage report for May 13, 2026 flags critical unplanned failures across the Southern region. NTPC-Telangana STPP's 800 MW Unit 1 tripped at 23:08 hrs due to a turbine-generator controller fault and was only restored by 04:45 hrs on May 14. Meenakshi Energy Ltd Stage 2's 350 MW Unit 4 suffered a boiler MFT (Master Fuel Trip) - its second forced outage in four days. Additionally, Vijayawada TPS Unit 7 (500 MW), out since May 11 due to boiler tube leakage, was finally restored at 16:59 hrs.
81,538 MW of central sector units stranded under NCLT; Srisailam LBPH sends 600 MW into annual overhaul through June 30
SRLDC's generating unit outage report for May 13, 2026 reveals that four LANCO LKPPL Stage-3 units totalling 732 MW have been under forced outage since September-November 2016 due to NCLT proceedings with no revival date in sight. On the state sector side, TGGENCO took four Srisailam Left Bank Power House units - totalling 600 MW - offline from May 9 for annual overhaul until June 30. Adani's 600 MW UPCL Unit 2 in Karnataka has also been on planned maintenance since May 6. NTPC's 359.98 MW at Kayamkulam remains on reserve shutdown indefinitely.
8KBUNL Bihar unit (195 MW) trips on generator protection on May 13; NHPC's Teesta HPS still dark after October 2023 glacial flood
Eastern Regional Load Despatch Centre (ERLDC) reported two Central Sector forced outages on May 13, 2026. KBUNL Bihar's 195 MW Unit 2 tripped at 19:56 hrs due to generator protection activation, while NTPC's 660 MW Nabinagar Unit 2 - already out since May 11 due to boiler tube leakage - was restored on May 14. NHPC's 170 MW Teesta HPS Unit 1 in Sikkim remains out since October 4, 2023, when a glacial lake outburst flood from Lohnak Lake destroyed the Teesta III dam - with no revival date confirmed.
8NTPC puts Gandhar and Kawas gas units on reserve shutdown on May 13; Western region manages 300 MW off-peak gap
WRLDC reported that NTPC placed multiple gas-based units in Gujarat on Reserve Shutdown on May 13, 2026 - including Gandhar's three 144.3 MW gas turbine units (total 432.9 MW) and all four Kawas units (424 MW combined). DGEN Gujarat also put two 400 MW units on RSD. On the planned maintenance side, NTPC's Vindhyachal STPS Stage 1 (210 MW) is undergoing Annual Overhaul until June 10. Despite these outages, the Western region met 72,072 MW at the evening peak though the off-peak period recorded a 300 MW shortfall.
8WRLDC's Wardha-Warora 400 kV line stays out since 2018 due to ferroresonance risk; Champa 765 kV bus sectionalisers kept open
WRLDC's transmission line outage report for May 13, 2026 reveals that the 400 kV Wardha-Warora POWERGRID line has remained on planned outage since May 4, 2018, following a LILO work complication - later reclassified as a ferroresonance risk - making it one of the longest-running transmission element outages in the Western Region. The Champa 765 kV and 400 kV Bus Sectionalisers (four elements) have been open since September 2021 for fault level control. Separately, DGEN's 400 kV ICT has been on outage after energisation testing.
REGIONAL ENERGY ACCOUNT
8NRPC deviation account shows NER-NR receivable at Rs. 28.17 crore in week 05
NRPC's DSM statement for 27 April–3 May 2026 highlights major inter-regional settlement flows, with NER-NR emerging as the biggest receivable entity at Rs. 28.17 crore (Rs. 2,816.51 lakh) and ER-NR leading the payable side at Rs. 17.25 crore (Rs. 1,725.01 lakh), underlining heavy deviation-linked financial movement during the week. The data underscores the scale of inter-regional energy flows and the financial settlements they generate under the Deviation Settlement Mechanism administered by Regional Power Committees across India.
8NRPC flags week-05 ancillary swings as DADRI-II TPS faces Rs. 2.91 crore TRAS refund
NRPC's ancillary services account for 27 April–3 May 2026 shows sharp TRAS pool movements, with DADRI-II TPS marked for a Rs. 2.91 crore TRAS-down refund, while TANDA-II STPS and IGSTPS-Jhajjar also feature among key stations shaping the week's payable and receivable position. The data reflects how Tertiary Reserve Ancillary Services are being deployed to maintain grid balance, with substantial financial flows linked to up and down regulation provided by major thermal generators in the Northern region.
8Jammu & Kashmir drives NRPC's FY24 DSM late-payment interest to Rs. 5.48 crore
NRPC's FY 2023-24 deviation settlement interest account shows total late-payment interest of Rs. 5.48 crore, with Jammu & Kashmir contributing the largest share at Rs. 4.45 crore, making it the central driver of the region's DSM interest burden for the financial year. The settlement reflects continued payment-related stress on certain state utilities and underscores the importance of timely DSM clearance in maintaining the financial integrity of the regional energy account.
8NTPC dominates NRPC ancillary-interest ledger with Rs. 8.23 crore TRAS receivable
NRPC's FY24 ancillary-services interest statement shows TRAS receivables of Rs. 8.53 crore, with NTPC alone accounting for Rs. 8.23 crore, indicating that the central generator remained the dominant claimant in the region's late-payment interest settlement for ancillary operations. The figure underscores NTPC's central role in providing tertiary reserve ancillary services to the Northern grid and the financial settlements that flow back when payments are delayed beyond the regulatory window.
8NRPC reactive-energy pool sees Uttar Pradesh receive Rs. 24.46 lakh, Rajasthan pay Rs. 27.46 lakh
NRPC's reactive-energy account for week 05 shows a clear divergence among state utilities, with Rajasthan topping the payable side at Rs. 27.46 lakh and Uttar Pradesh emerging as the largest receivable entity at Rs. 24.46 lakh, reflecting significant reactive-energy settlement pressure across the northern grid. The data highlights persistent reactive power imbalances among Northern region states as they manage growing renewable injection alongside conventional generation.
8Jammu & Kashmir anchors NRPC's FY24 reactive-interest bill at Rs. 28.43 lakh
NRPC's FY 2023-24 reactive-energy interest account totals Rs. 29.57 lakh, with Jammu & Kashmir alone accounting for Rs. 28.43 lakh, making it by far the largest contributor to the region's delayed reactive-energy payment interest for the year. The settlement underscores ongoing reactive energy management challenges in the Union Territory's grid and the financial obligations that accrue when reactive payments fall outside the regulatory clearance window stipulated by CERC.
8NRPC revises SCED account after duplicate entries; April pool receivable hits Rs. 10.06 crore
NRPC's revised SCED statement for April 2026 shows a net pool receivable of Rs. 10.06 crore after correcting duplicate entries, with DADRI TPS alone refunding Rs. 13.66 crore, placing the NTPC station at the centre of the month's security-constrained economic despatch settlement. The revision highlights the complexity of multi-station SCED accounting and the necessity of careful auditing to ensure accurate financial flows in the centralised ancillary services framework administered by NRPC.
TRANSMISSION LINE ENERGIZATION
8Maharashtra breaches ATC limit for 7 hours on May 13 at 29.2% violation rate; Goa records 22.9% ATC breach
WRLDC's daily system reliability indices report for May 13, 2026 highlights that Maharashtra violated Available Transfer Capability limits for 28 time blocks - equivalent to 7.0 hours - at a 29.2% violation rate, the highest among all Western region states. Goa registered ATC violations for 22 blocks (5.5 hours, 22.9%). On N-1 security criteria, Maharashtra again led with 13 blocks (3.2 hours, 13.5%), while Goa recorded 5 blocks. Gujarat, Madhya Pradesh, Chhattisgarh and DNHDDPDCL recorded zero violations across both parameters.
8National grid achieves zero ATC and N-1 violations across all inter-regional corridors on May 13
GRID-INDIA's National Load Despatch Centre reported zero Available Transfer Capability violations and zero N-1 criteria violations across all five major inter-regional corridors - WR-NR, ER-NR, NR Import, NEW-SR and NER Import - for May 13, 2026. The voltage profile report for 400 kV substations shows the Northern Region substations at Bhadla (0.35% time above 420 kV) and Ajmer (2.08% above band) as the only minor outliers, while the remaining 50+ substations maintained voltages within the 728–800 kV range at all times. Details
NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS
May 14:
MINISTRY OF POWER
8Coal India, SCCL, NLCIL get extended deadline to September 2026 to revise mine escrow agreements and embed 25% community spend clause
The Coal Controller Organisation under the Ministry of Coal extended two critical timelines under the Mining Plan and Mine Closure Plan Guidelines, 2025 to 30 September 2026. Operating coal and lignite mines must now revise their escrow agreements as per Para 3.5.1 by the new deadline. Simultaneously, under Para 3.5.5(ii), mines must incorporate provisions for utilising a minimum of 25% of their five-yearly escrow deposits for community development and livelihood activities. The extension covers Coal India Limited, SCCL, and NLCIL, communicated via the Nominated Authority.
8Ministry of Power invites applications for Director (Projects) post at NHPC Limited, a Schedule A CPSE
The Ministry of Power, Government of India (No. 9/1/2026-NHPC) wrote to the Chairpersons of CEA, CERC, and all State Electricity Boards/State Power Utilities regarding the selection process for the post of Director (Projects) at NHPC Limited, a Schedule A Central Public Sector Enterprise. NHPC Limited is India's premier hydropower company with an installed capacity of over 7,000 MW and is a Mini Ratna Category-I CPSE, holding a central role in India's hydropower expansion programme across the Himalayan and northeastern states.
CEA & GRID STANDARDS
8India generates 4,860 MU on May 12, surpassing programme by 274 MU; Western Region leads actual output
Central Electricity Authority's DGR Sub-Report-1 for 12 May 2026 shows all-India actual generation of 4,859.71 MU against a programme of 4,585.11 MU - a positive deviation of 274.60 MU (+5.99%). Thermal led with 4,204.49 MU (exceeding target by 237.03 MU), nuclear generated 186.10 MU, and hydro contributed 466.23 MU. The Western Region delivered the highest output at 1,777.78 MU against 1,613.42 MU planned, driven largely by thermal and nuclear overperformance during the summer demand peak.
8April–May cumulative generation trails annual target by 4.60%; thermal shortfall at 8,701 MU poses fiscal year risk
CEA's consolidated generation data show that cumulative all-India generation from 1 April to 12 May 2026 stands at 189,226.26 MU against a programme of 198,343.43 MU - a shortfall of 9,117.17 MU or 4.60%. Coal-based thermal accounts for the largest deficit at 6,357 MU below target, while the Northern Region records the steepest shortfall at 5,240.12 MU (–10.61%). Nuclear and hydro show smaller but persistent negative deviations, raising fiscal year supply concerns as summer load builds.
8Nearly 54 GW of national grid capacity under outage on May 12; forced maintenance accounts for 39,223 MW
CEA's Sub-Report-3 reveals that on 12 May 2026, a total of 53,906.47 MW of India's 309,923.79 MW monitored grid capacity was under outage - 17.39% of the installed base. Forced outages were the dominant cause at 39,222.81 MW, while planned maintenance accounted for 4,645.26 MW and other reasons for 10,038.40 MW. The Western Region carried the highest absolute outage burden at 18,888.10 MW, though the Northern Region recorded the steepest forced-outage ratio for its fleet, exposing fleet ageing and stress.
8Coal thermal fleet at 94% utilisation but 30,237 MW offline; gas plants idle at 57% outage rate
CEA's Sub-Report-16 shows India's coal-thermal fleet (221,897.51 MW monitored capacity) running at 94.22% of capacity-on-line with maximum net output of 180,589.87 MW on 12 May 2026. However, 30,236.51 MW of coal capacity remained under outage - a 13.63% outage rate. Gas and liquid fuel plants showed a far more extreme picture: 57.02% of the 20,122.42 MW gas-diesel fleet was offline, with only 8,647.87 MW on the grid, reflecting the persistent underutilisation of India's gas-based generation assets amid high LNG prices.
8NTPC's 60 GW fleet generates 1,076 MU on May 12 but lags FY26 cumulative target by 6.17%; Eastern Region worst performer
CEA's Sub-Report-8 shows NTPC Limited's all-India generation on 12 May 2026 at 1,076.41 MU against a planned 1,041.61 MU - a daily positive deviation of 34.80 MU. However, cumulative FY26 generation of 42,020.83 MU trails the target of 44,785.32 MU by 2,764.49 MU (–6.17%). The Eastern Region is the worst performer, running 8.04% below target at 12,830.96 MU against a plan of 13,952.44 MU, driven by forced outages at Singrauli STPS and Tanda TPS units running in reserve-shutdown mode.
89,285 MW of generation capacity tripped off grid on May 12 alone; Koradi TPS Unit-9 won't return until May 14
CEA's Sub-Report-15 logs 40 unit-level outage events on 12 May 2026, with total capacity going off-grid at 9,284.56 MW. Rajiv Gandhi TPS Unit-2 (600 MW, Haryana) tripped due to economiser tube leakage; Sasan UMTPP Unit-6 (660 MW, Madhya Pradesh) went offline for reheater tube leakage; and Koradi TPS Unit-9 (660 MW, Maharashtra) was taken for water-wall tube repair with restoration expected 14 May. Multiple NTPC gas-based units at Auraiya, Dadri and Anta CCPPs were also tripped for conservation of main fuel.
TENDERS & PROCUREMENT (GeM/NIT)
8SECI extends bid deadline to May 21 for Rs. 2,720 crore term loan for 700 MW solar PV project at Radhanesda, Gujarat
Solar Energy Corporation of India Limited (SECI), a Navratna Government of India Enterprise, extended the bid submission deadline to 21 May 2026 for prospective banks and financial institutions to submit proposals for sanctioning a Rs. 2,720 crore term loan for its 700 MW Solar PV project at Radhanesda, Gujarat. The extension comes alongside the May 18 deadline extension for a separate Rs. 660 crore loan for SECI's 200 MW Dhar (MP) project, reflecting strong lender interest in SECI's renewable financing pipeline as it scales its self-developed solar portfolio. Details
8Coal India, SCCL, NLCIL get extended deadline to September 2026 to revise mine escrow agreements and embed 25% community spend clause
The Coal Controller Organisation under the Ministry of Coal extended two critical timelines under the Mining Plan and Mine Closure Plan Guidelines, 2025 to 30 September 2026. Operating coal and lignite mines must now revise their escrow agreements as per Para 3.5.1 by the new deadline. Simultaneously, under Para 3.5.5(ii), mines must incorporate provisions for utilising a minimum of 25% of their five-yearly escrow deposits for community development and livelihood activities. The extension covers Coal India Limited, SCCL, and NLCIL, communicated via the Nominated Authority.
8Ministry of Power invites applications for Director (Projects) post at NHPC Limited, a Schedule A CPSE
The Ministry of Power, Government of India (No. 9/1/2026-NHPC) wrote to the Chairpersons of CEA, CERC, and all State Electricity Boards/State Power Utilities regarding the selection process for the post of Director (Projects) at NHPC Limited, a Schedule A Central Public Sector Enterprise. NHPC Limited is India's premier hydropower company with an installed capacity of over 7,000 MW and is a Mini Ratna Category-I CPSE, holding a central role in India's hydropower expansion programme across the Himalayan and northeastern states.
CEA & GRID STANDARDS
8India generates 4,860 MU on May 12, surpassing programme by 274 MU; Western Region leads actual output
Central Electricity Authority's DGR Sub-Report-1 for 12 May 2026 shows all-India actual generation of 4,859.71 MU against a programme of 4,585.11 MU - a positive deviation of 274.60 MU (+5.99%). Thermal led with 4,204.49 MU (exceeding target by 237.03 MU), nuclear generated 186.10 MU, and hydro contributed 466.23 MU. The Western Region delivered the highest output at 1,777.78 MU against 1,613.42 MU planned, driven largely by thermal and nuclear overperformance during the summer demand peak.
8April–May cumulative generation trails annual target by 4.60%; thermal shortfall at 8,701 MU poses fiscal year risk
CEA's consolidated generation data show that cumulative all-India generation from 1 April to 12 May 2026 stands at 189,226.26 MU against a programme of 198,343.43 MU - a shortfall of 9,117.17 MU or 4.60%. Coal-based thermal accounts for the largest deficit at 6,357 MU below target, while the Northern Region records the steepest shortfall at 5,240.12 MU (–10.61%). Nuclear and hydro show smaller but persistent negative deviations, raising fiscal year supply concerns as summer load builds.
8Nearly 54 GW of national grid capacity under outage on May 12; forced maintenance accounts for 39,223 MW
CEA's Sub-Report-3 reveals that on 12 May 2026, a total of 53,906.47 MW of India's 309,923.79 MW monitored grid capacity was under outage - 17.39% of the installed base. Forced outages were the dominant cause at 39,222.81 MW, while planned maintenance accounted for 4,645.26 MW and other reasons for 10,038.40 MW. The Western Region carried the highest absolute outage burden at 18,888.10 MW, though the Northern Region recorded the steepest forced-outage ratio for its fleet, exposing fleet ageing and stress.
8Coal thermal fleet at 94% utilisation but 30,237 MW offline; gas plants idle at 57% outage rate
CEA's Sub-Report-16 shows India's coal-thermal fleet (221,897.51 MW monitored capacity) running at 94.22% of capacity-on-line with maximum net output of 180,589.87 MW on 12 May 2026. However, 30,236.51 MW of coal capacity remained under outage - a 13.63% outage rate. Gas and liquid fuel plants showed a far more extreme picture: 57.02% of the 20,122.42 MW gas-diesel fleet was offline, with only 8,647.87 MW on the grid, reflecting the persistent underutilisation of India's gas-based generation assets amid high LNG prices.
8NTPC's 60 GW fleet generates 1,076 MU on May 12 but lags FY26 cumulative target by 6.17%; Eastern Region worst performer
CEA's Sub-Report-8 shows NTPC Limited's all-India generation on 12 May 2026 at 1,076.41 MU against a planned 1,041.61 MU - a daily positive deviation of 34.80 MU. However, cumulative FY26 generation of 42,020.83 MU trails the target of 44,785.32 MU by 2,764.49 MU (–6.17%). The Eastern Region is the worst performer, running 8.04% below target at 12,830.96 MU against a plan of 13,952.44 MU, driven by forced outages at Singrauli STPS and Tanda TPS units running in reserve-shutdown mode.
89,285 MW of generation capacity tripped off grid on May 12 alone; Koradi TPS Unit-9 won't return until May 14
CEA's Sub-Report-15 logs 40 unit-level outage events on 12 May 2026, with total capacity going off-grid at 9,284.56 MW. Rajiv Gandhi TPS Unit-2 (600 MW, Haryana) tripped due to economiser tube leakage; Sasan UMTPP Unit-6 (660 MW, Madhya Pradesh) went offline for reheater tube leakage; and Koradi TPS Unit-9 (660 MW, Maharashtra) was taken for water-wall tube repair with restoration expected 14 May. Multiple NTPC gas-based units at Auraiya, Dadri and Anta CCPPs were also tripped for conservation of main fuel.
TENDERS & PROCUREMENT (GeM/NIT)
8SECI extends bid deadline to May 21 for Rs. 2,720 crore term loan for 700 MW solar PV project at Radhanesda, Gujarat
Solar Energy Corporation of India Limited (SECI), a Navratna Government of India Enterprise, extended the bid submission deadline to 21 May 2026 for prospective banks and financial institutions to submit proposals for sanctioning a Rs. 2,720 crore term loan for its 700 MW Solar PV project at Radhanesda, Gujarat. The extension comes alongside the May 18 deadline extension for a separate Rs. 660 crore loan for SECI's 200 MW Dhar (MP) project, reflecting strong lender interest in SECI's renewable financing pipeline as it scales its self-developed solar portfolio. Details
NEWS UPDATE: RENEWABLE ENERGY
May 14:
SOLAR POWER
8India's renewable grid pumps 914 MU in a single day; Rajasthan and Gujarat drive the surge
India's Central Electricity Authority (CEA) reported total renewable energy generation of 914.47 MU on 12 May 2026, with solar contributing 676.74 MU and wind adding 211.87 MU across all states. Rajasthan alone recorded 265.93 MU - the single largest daily renewable output of any state - while Gujarat followed at 290.75 MU. Cumulative renewable generation for May 2026 so far stands at 11,069.03 MU at the all-India level, with the Western Region leading at 4,680.48 MU, signalling robust renewable evacuation through peak summer.
8NTPC and private IPPs clock 408 MU from ISGS renewable projects on May 12; Rajasthan hosts over 27 GW capacity
CEA's Inter-State Generating Station (ISGS) data shows that 60,159.08 MW of monitored renewable capacity across the Northern, Western and Southern regions generated 408.11 MU on 12 May 2026, accounting for cumulative ISGS renewable output of 4,612.56 MU in May so far. NTPC's SJVN Green Energy (501 MW) in Rajasthan topped daily generation at 6.14 MU, while Adani Hybrid Energy Jaisalmer Four's combined solar-wind project (600 MW solar + 510 MW wind) contributed 11.43 MU. The Northern Region alone hosts 27,740 MW of ISGS renewable capacity.
8Green surge: Renewables power 25.93% of India's peak solar-hour demand on May 12, wind-solar together hit 64,277 MW
NLDC's Renewable Energy Management Centre (REMC) report for May 12, 2026 reveals that variable renewable energy (VRE) - wind and solar combined - contributed 25.93% of all-India demand during solar hours (06:00–18:00 hrs), reaching 64,277 MW. Wind alone penetrated at 22.68% (56,209 MW), while maximum all-India generation touched 85,930 MW at 12:40 hrs. During non-solar hours, wind maintained a steady 4.22% penetration at 10,045 MW - underscoring India's growing renewable backbone in supporting peak summer demand.
8IEX DAM hourly data: Solar hours drive MCP to sub-Rs. 1,220/MWh, night hours reclaim Rs. 10,000 ceiling
Hourly disaggregation of IEX's Day-Ahead Market for May 13, 2026 lays bare India's solar hour price collapse: MCP dipped to just Rs. 1,219.81/MWh during Hour 14 (1 PM-2 PM) as sell bids surged to 44,691 MWh against purchase bids of just 10,976 MWh. By contrast, the post-sunset hours (Hour 20 onward) saw MCP spike back to Rs. 10,000/MWh. Peak cleared volume was 8,436.61 MWh in Hour 14, with a weighted daily MCP of Rs. 5,914.80/MWh, reflecting solar's growing influence on price discovery.
8IEX DAM solar MCV peaks at 2,807.60 MW as green power drives 65,638 MWh of total cleared volume on May 13
Segment-wise Day-Ahead Market data from Indian Energy Exchange for May 13, 2026 reveals the dominance of renewable energy in India's spot power market: solar MCV peaked at 2,807.60 MW and non-solar MCV at 2,576.61 MW, together contributing to a total of 65,638 MWh of final scheduled volume. The daily MCP averaged Rs. 5,920.26/MWh, touching Rs. 10,000/MWh in nighttime blocks and falling to a low of Rs. 1,599.84/MWh when solar generation surged mid-day, marking the persistent duck-curve dynamic in India's evolving power market.
8IEX DAM clears 1,20,358 MWh on May 13 as surplus sell bids dwarf buyers at Rs. 10,000/MWh cap
Indian Energy Exchange (IEX) saw its Day-Ahead Market record a total cleared volume of 1,20,358.40 MWh on May 13, 2026, even as purchase bids (3,99,211.70 MWh) were nearly matched by sell bids (4,00,403.28 MWh) - an unusually tight equilibrium. The market-clearing price (MCP) peaked at Rs. 10,000/MWh across overnight hours, while the daily average settled at Rs. 5,934.52/MWh, signalling persistent supply tightness during peak demand windows and pointing to renewable-led intraday price compression.
WIND & HYBRID POWER
8Hero Future Energies' 125.8 MW hybrid restricted group operates 99.4 MW solar + 26.4 MW wind in Karnataka
CareEdge Ratings assigned CARE A-; Stable ratings to Clean Renewable Energy KK's Hero Restricted Group, comprising five SPVs operating 125.8 MW AC of hybrid capacity (99.4 MW solar, 26.4 MW wind) in Karnataka. The group is backed by Hero Future Energies, which has 2.3 GW of commissioned capacity and 6 GW under construction. Long-term PPAs covering 90% of capacity are in place with C&I counterparties. A key risk noted is that 12.3 MW of solar capacity remains untied. Average DSCR above 1.2x is maintained in the base case scenario.
STORAGE & GREEN HYDROGEN
8GERC releases draft Battery Energy Storage System Regulations 2026, opening new business models for grid-interactive storage
The Gujarat Electricity Regulatory Commission unveiled Draft Grid-Interactive Battery Energy Storage System (BESS) Regulations, 2026 - a landmark framework governing ownership structures, business models, tariff determination, and grid-interconnection standards for battery storage projects in Gujarat. The draft regulations aim to integrate large-scale BESS into the state grid to support renewable energy balancing, enhance grid stability, and meet the state's clean energy ambitions. Stakeholders are invited to submit comments before the regulations are finalised, marking a significant policy step for India's storage sector.
8Battery storage tariffs touch a low of Rs. 1.23/unit in FY26; 37 storage tenders announced during the year
India's renewable energy momentum included a sharp drop in battery storage tariffs to Rs. 1.23/unit in FY26, according to the CEEW-GFC Market Handbook 2026. A total of 37 storage tenders were announced during the year, alongside Sovereign Green Bonds worth Rs. 20,000 crore issued through four 30-year tranches. The data point underscores the rapid maturation of India's energy storage market as battery costs fall and regulatory clarity improves, supporting integration of the 150+ GW of large-scale RE under construction nationally.
POLICY & INCENTIVES
8Maharashtra targets 65% renewable energy share by FY36, 100 GW RE capacity and 100 GWh/day storage under new policy
The Government of Maharashtra released its landmark Renewable Energy & Energy Storage Policy 2025-26 to 2035-36, approved via Government Resolution on March 18, 2026. The state, which already has 31.3 GW of RE capacity and 5 GW of rooftop solar, targets procuring 65% of electricity from renewables and deploying 100 GWh/day of storage by FY35-36. The policy mandates 10 GW of RE+storage projects by FY30, co-located storage of at least 50% RE capacity for 2 hours, and at least 10 Renewable Energy Industrial Zones. Rs. 500 crore is earmarked for REIZ developers.
8TERI roadmap calls for India to shift ship fuels to green ammonia and methanol; maritime sector emits 3% of global GHGs
The National Centre of Excellence in Green Port and Shipping (NCoEGPS) at TERI released Part A of a comprehensive roadmap on Advanced Green Fuels for Maritime Applications for India. The report identifies green ammonia, green methanol, and other bio-based fuels as critical pathways for decarbonising India's maritime sector, which is subject to increasingly stringent IMO emission standards. Principal Investigator Dr. Piyali Das and the TERI team assess technology readiness, supply chain infrastructure, and policy interventions needed for India to become a major green maritime fuel producer. Details
8India's renewable grid pumps 914 MU in a single day; Rajasthan and Gujarat drive the surge
India's Central Electricity Authority (CEA) reported total renewable energy generation of 914.47 MU on 12 May 2026, with solar contributing 676.74 MU and wind adding 211.87 MU across all states. Rajasthan alone recorded 265.93 MU - the single largest daily renewable output of any state - while Gujarat followed at 290.75 MU. Cumulative renewable generation for May 2026 so far stands at 11,069.03 MU at the all-India level, with the Western Region leading at 4,680.48 MU, signalling robust renewable evacuation through peak summer.
8NTPC and private IPPs clock 408 MU from ISGS renewable projects on May 12; Rajasthan hosts over 27 GW capacity
CEA's Inter-State Generating Station (ISGS) data shows that 60,159.08 MW of monitored renewable capacity across the Northern, Western and Southern regions generated 408.11 MU on 12 May 2026, accounting for cumulative ISGS renewable output of 4,612.56 MU in May so far. NTPC's SJVN Green Energy (501 MW) in Rajasthan topped daily generation at 6.14 MU, while Adani Hybrid Energy Jaisalmer Four's combined solar-wind project (600 MW solar + 510 MW wind) contributed 11.43 MU. The Northern Region alone hosts 27,740 MW of ISGS renewable capacity.
8Green surge: Renewables power 25.93% of India's peak solar-hour demand on May 12, wind-solar together hit 64,277 MW
NLDC's Renewable Energy Management Centre (REMC) report for May 12, 2026 reveals that variable renewable energy (VRE) - wind and solar combined - contributed 25.93% of all-India demand during solar hours (06:00–18:00 hrs), reaching 64,277 MW. Wind alone penetrated at 22.68% (56,209 MW), while maximum all-India generation touched 85,930 MW at 12:40 hrs. During non-solar hours, wind maintained a steady 4.22% penetration at 10,045 MW - underscoring India's growing renewable backbone in supporting peak summer demand.
8IEX DAM hourly data: Solar hours drive MCP to sub-Rs. 1,220/MWh, night hours reclaim Rs. 10,000 ceiling
Hourly disaggregation of IEX's Day-Ahead Market for May 13, 2026 lays bare India's solar hour price collapse: MCP dipped to just Rs. 1,219.81/MWh during Hour 14 (1 PM-2 PM) as sell bids surged to 44,691 MWh against purchase bids of just 10,976 MWh. By contrast, the post-sunset hours (Hour 20 onward) saw MCP spike back to Rs. 10,000/MWh. Peak cleared volume was 8,436.61 MWh in Hour 14, with a weighted daily MCP of Rs. 5,914.80/MWh, reflecting solar's growing influence on price discovery.
8IEX DAM solar MCV peaks at 2,807.60 MW as green power drives 65,638 MWh of total cleared volume on May 13
Segment-wise Day-Ahead Market data from Indian Energy Exchange for May 13, 2026 reveals the dominance of renewable energy in India's spot power market: solar MCV peaked at 2,807.60 MW and non-solar MCV at 2,576.61 MW, together contributing to a total of 65,638 MWh of final scheduled volume. The daily MCP averaged Rs. 5,920.26/MWh, touching Rs. 10,000/MWh in nighttime blocks and falling to a low of Rs. 1,599.84/MWh when solar generation surged mid-day, marking the persistent duck-curve dynamic in India's evolving power market.
8IEX DAM clears 1,20,358 MWh on May 13 as surplus sell bids dwarf buyers at Rs. 10,000/MWh cap
Indian Energy Exchange (IEX) saw its Day-Ahead Market record a total cleared volume of 1,20,358.40 MWh on May 13, 2026, even as purchase bids (3,99,211.70 MWh) were nearly matched by sell bids (4,00,403.28 MWh) - an unusually tight equilibrium. The market-clearing price (MCP) peaked at Rs. 10,000/MWh across overnight hours, while the daily average settled at Rs. 5,934.52/MWh, signalling persistent supply tightness during peak demand windows and pointing to renewable-led intraday price compression.
WIND & HYBRID POWER
8Hero Future Energies' 125.8 MW hybrid restricted group operates 99.4 MW solar + 26.4 MW wind in Karnataka
CareEdge Ratings assigned CARE A-; Stable ratings to Clean Renewable Energy KK's Hero Restricted Group, comprising five SPVs operating 125.8 MW AC of hybrid capacity (99.4 MW solar, 26.4 MW wind) in Karnataka. The group is backed by Hero Future Energies, which has 2.3 GW of commissioned capacity and 6 GW under construction. Long-term PPAs covering 90% of capacity are in place with C&I counterparties. A key risk noted is that 12.3 MW of solar capacity remains untied. Average DSCR above 1.2x is maintained in the base case scenario.
STORAGE & GREEN HYDROGEN
8GERC releases draft Battery Energy Storage System Regulations 2026, opening new business models for grid-interactive storage
The Gujarat Electricity Regulatory Commission unveiled Draft Grid-Interactive Battery Energy Storage System (BESS) Regulations, 2026 - a landmark framework governing ownership structures, business models, tariff determination, and grid-interconnection standards for battery storage projects in Gujarat. The draft regulations aim to integrate large-scale BESS into the state grid to support renewable energy balancing, enhance grid stability, and meet the state's clean energy ambitions. Stakeholders are invited to submit comments before the regulations are finalised, marking a significant policy step for India's storage sector.
8Battery storage tariffs touch a low of Rs. 1.23/unit in FY26; 37 storage tenders announced during the year
India's renewable energy momentum included a sharp drop in battery storage tariffs to Rs. 1.23/unit in FY26, according to the CEEW-GFC Market Handbook 2026. A total of 37 storage tenders were announced during the year, alongside Sovereign Green Bonds worth Rs. 20,000 crore issued through four 30-year tranches. The data point underscores the rapid maturation of India's energy storage market as battery costs fall and regulatory clarity improves, supporting integration of the 150+ GW of large-scale RE under construction nationally.
POLICY & INCENTIVES
8Maharashtra targets 65% renewable energy share by FY36, 100 GW RE capacity and 100 GWh/day storage under new policy
The Government of Maharashtra released its landmark Renewable Energy & Energy Storage Policy 2025-26 to 2035-36, approved via Government Resolution on March 18, 2026. The state, which already has 31.3 GW of RE capacity and 5 GW of rooftop solar, targets procuring 65% of electricity from renewables and deploying 100 GWh/day of storage by FY35-36. The policy mandates 10 GW of RE+storage projects by FY30, co-located storage of at least 50% RE capacity for 2 hours, and at least 10 Renewable Energy Industrial Zones. Rs. 500 crore is earmarked for REIZ developers.
8TERI roadmap calls for India to shift ship fuels to green ammonia and methanol; maritime sector emits 3% of global GHGs
The National Centre of Excellence in Green Port and Shipping (NCoEGPS) at TERI released Part A of a comprehensive roadmap on Advanced Green Fuels for Maritime Applications for India. The report identifies green ammonia, green methanol, and other bio-based fuels as critical pathways for decarbonising India's maritime sector, which is subject to increasingly stringent IMO emission standards. Principal Investigator Dr. Piyali Das and the TERI team assess technology readiness, supply chain infrastructure, and policy interventions needed for India to become a major green maritime fuel producer. Details
NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION
May 14:
WORK ORDERS & SUPPLY CONTRACTS
8L&T's Power T&D business bags significant EPC orders worth Rs. 1,000–2,500 crore for 380 kV & 132 kV substations in Middle East
Larsen & Toubro Limited announced that its Power Transmission & Distribution (PT&D) business vertical secured a batch of Significant EPC orders (classified at Rs. 1,000–2,500 crore range) from clients in the Middle East. The orders pertain to constructing one 380 kV extra-high voltage substation and two 132 kV substations on a turnkey basis, aimed at ensuring reliable power for large load centres and decongesting grids. L&T PT&D, a USD 32 billion multinational's key vertical, serves utilities across 30 countries including the Middle East, Africa, and North America.
8GR Infraprojects' Amritsar-Bathinda 39 km NH-754A project gets provisional completion certificate; Rs. 927 crore bid cost
G R Infraprojects Limited informed exchanges that its subsidiary GR Amritsar Bathinda Highway Private Limited received a Provisional Completion Certificate for the 6-lane Amritsar-Bathinda Greenfield section of NH-754A (km 0+000 to km 39+000), part of the Amritsar-Jamnagar Economic Corridor in Punjab. The Independent Engineer issued the certificate on May 13, 2026, declaring the project fit for commercial operation from March 1, 2026. The project was executed under Hybrid Annuity Mode under Bharatmala Pariyojana Phase-I at a bid cost of Rs. 927 crore (excluding GST).
8AERC floats 24-month tender for AMC of 118 HP VRF & 6.5 TR split AC system at Guwahati; EMD Rs. 5,000
The Assam Electricity Regulatory Commission (AERC) invited sealed tenders for Comprehensive Annual Maintenance Contract (AMC) of its 118 HP Carrier VRF and 6.5 TR Split Air Conditioning system at its Guwahati campus. The contract, initially for 24 months and extendable for one year, requires quarterly servicing, breakdown attendance, and full parts replacement including compressors at no extra cost. EMD of Rs. 5,000 and tender fee of Rs. 500 apply. Bids must be submitted by 2:00 PM on June 2, 2026, and will be evaluated on QCBS with 0.60 and 0.40 weightage to technical and financial bids respectively.
8MSETCL mandates shift to MSTC e-commerce platform for electronic reverse auctions; all registered SRM vendors must re-register
Maharashtra State Electricity Transmission Company Limited (MSETCL) directed all vendors registered on its SAP-SRM e-Tendering portal to register on the MSTC E-Commerce Platform for participating in Electronic Reverse Auctions (e-RA) for supply item tenders floated by MSETCL's Central Purchase Agency (CPA). The move, announced via Notice Ref No. MSETCL/CPA/eRA/2026/01 dated 13 May 2026, represents a significant procurement digitalisation step for one of India's largest power transmission utilities, which oversees an extensive high-voltage network across Maharashtra.
8SECI extends loan bid deadline to May 18 for Rs. 660 crore term loan for 200 MW solar project at Dhar, Madhya Pradesh
Solar Energy Corporation of India Limited (SECI), a Navratna Government of India Enterprise, issued a corrigendum extending the bid submission deadline to 18 May 2026 (6:00 PM) for prospective banks and financial institutions to submit proposals for sanctioning a term loan of Rs. 660 crore for a 200 MW Solar PV Power Plant at Dhar, Madhya Pradesh. The extension, from RFP No. SECI/FA/09 April 2026, responds to requests from lenders seeking additional time. Separately, SECI also extended the bid deadline to 21 May 2026 for a Rs. 2,720 crore term loan for its 700 MW Solar PV project at Radhanesda, Gujarat.
CAPACITY COMMISSIONING
8India adds record 57.5 GW power capacity in FY26 - 1.73x FY25; RE generation up 20%, coal falls 4.3%: CEEW-GFC
India's renewable energy generation surged 20% in FY26, while coal and lignite-based generation declined 4.3% YoY, according to the CEEW-GFC Market Handbook 2026. India added a record 57.5 GW of net power generation capacity in FY26, up from 33.2 GW in FY25 - 1.73x the prior year. Renewable energy (including large hydro) accounted for 54.6 GW or 95% of net capacity addition. Battery storage tariffs touched a low of Rs. 1.23/unit; 37 storage tenders were announced in the year, and Sovereign Green Bonds worth Rs. 20,000 crore were issued. Over 150 GW of large-scale RE is under construction.
8GK Energy commissions 276 MW and 61,085 solar systems in FY26; cumulative capacity crosses 617 MW across 140,000 systems
GK Energy Limited, India's largest decentralised renewable energy infrastructure company, deployed 61,085 solar systems and commissioned 276 MW during FY26, taking cumulative installed capacity to over 617 MW across 140,000+ systems in 7,500+ villages. The company reported revenue from operations of Rs. 1,533 crore (standalone), with PAT of Rs. 201 crore. The order book stands at Rs. 710 crore. The company's 10-year revenue CAGR stands at 66.49%, reflecting accelerated momentum in solar pump and decentralised solar deployment across rural India.
EQUITY & STAKE ACQUISITION
8Schneider Electric Infrastructure's registrar CB Management merges into MUFG Intime India from May 8
Schneider Electric Infrastructure Limited informed stock exchanges that its Registrar and Share Transfer Agent (RTA), CB Management Services Private Limited, has merged with MUFG Intime India Private Limited (formerly Link Intime India Private Limited), effective May 8, 2026. The merger was approved by the Regional Director, Mumbai under Section 233 of the Companies Act, 2013. MUFG Intime India carries SEBI Registration No. INR000004058. Shareholders are assured of seamless continuity - no change in services is envisaged for the electrical equipment major's investor base.
8GE Vernova T&D India's registrar CB Management Services merges into MUFG Intime India from May 8
GE Vernova T&D India Limited (formerly GE T&D India Limited) informed BSE and NSE that its Registrar and Share Transfer Agent (RTA), CB Management Services Private Limited, has merged with MUFG Intime India Private Limited with effect from May 8, 2026. The merger was pursuant to the Regional Director (WR), Ministry of Corporate Affairs, Mumbai order dated April 24, 2026. Investors may now contact MUFG Intime India at Rasoi Court, 5th Floor, 20 Sir R N Mukherjee Road, Kolkata 700001. The change applies to one of India's largest grid equipment manufacturers. Details
8L&T's Power T&D business bags significant EPC orders worth Rs. 1,000–2,500 crore for 380 kV & 132 kV substations in Middle East
Larsen & Toubro Limited announced that its Power Transmission & Distribution (PT&D) business vertical secured a batch of Significant EPC orders (classified at Rs. 1,000–2,500 crore range) from clients in the Middle East. The orders pertain to constructing one 380 kV extra-high voltage substation and two 132 kV substations on a turnkey basis, aimed at ensuring reliable power for large load centres and decongesting grids. L&T PT&D, a USD 32 billion multinational's key vertical, serves utilities across 30 countries including the Middle East, Africa, and North America.
8GR Infraprojects' Amritsar-Bathinda 39 km NH-754A project gets provisional completion certificate; Rs. 927 crore bid cost
G R Infraprojects Limited informed exchanges that its subsidiary GR Amritsar Bathinda Highway Private Limited received a Provisional Completion Certificate for the 6-lane Amritsar-Bathinda Greenfield section of NH-754A (km 0+000 to km 39+000), part of the Amritsar-Jamnagar Economic Corridor in Punjab. The Independent Engineer issued the certificate on May 13, 2026, declaring the project fit for commercial operation from March 1, 2026. The project was executed under Hybrid Annuity Mode under Bharatmala Pariyojana Phase-I at a bid cost of Rs. 927 crore (excluding GST).
8AERC floats 24-month tender for AMC of 118 HP VRF & 6.5 TR split AC system at Guwahati; EMD Rs. 5,000
The Assam Electricity Regulatory Commission (AERC) invited sealed tenders for Comprehensive Annual Maintenance Contract (AMC) of its 118 HP Carrier VRF and 6.5 TR Split Air Conditioning system at its Guwahati campus. The contract, initially for 24 months and extendable for one year, requires quarterly servicing, breakdown attendance, and full parts replacement including compressors at no extra cost. EMD of Rs. 5,000 and tender fee of Rs. 500 apply. Bids must be submitted by 2:00 PM on June 2, 2026, and will be evaluated on QCBS with 0.60 and 0.40 weightage to technical and financial bids respectively.
8MSETCL mandates shift to MSTC e-commerce platform for electronic reverse auctions; all registered SRM vendors must re-register
Maharashtra State Electricity Transmission Company Limited (MSETCL) directed all vendors registered on its SAP-SRM e-Tendering portal to register on the MSTC E-Commerce Platform for participating in Electronic Reverse Auctions (e-RA) for supply item tenders floated by MSETCL's Central Purchase Agency (CPA). The move, announced via Notice Ref No. MSETCL/CPA/eRA/2026/01 dated 13 May 2026, represents a significant procurement digitalisation step for one of India's largest power transmission utilities, which oversees an extensive high-voltage network across Maharashtra.
8SECI extends loan bid deadline to May 18 for Rs. 660 crore term loan for 200 MW solar project at Dhar, Madhya Pradesh
Solar Energy Corporation of India Limited (SECI), a Navratna Government of India Enterprise, issued a corrigendum extending the bid submission deadline to 18 May 2026 (6:00 PM) for prospective banks and financial institutions to submit proposals for sanctioning a term loan of Rs. 660 crore for a 200 MW Solar PV Power Plant at Dhar, Madhya Pradesh. The extension, from RFP No. SECI/FA/09 April 2026, responds to requests from lenders seeking additional time. Separately, SECI also extended the bid deadline to 21 May 2026 for a Rs. 2,720 crore term loan for its 700 MW Solar PV project at Radhanesda, Gujarat.
CAPACITY COMMISSIONING
8India adds record 57.5 GW power capacity in FY26 - 1.73x FY25; RE generation up 20%, coal falls 4.3%: CEEW-GFC
India's renewable energy generation surged 20% in FY26, while coal and lignite-based generation declined 4.3% YoY, according to the CEEW-GFC Market Handbook 2026. India added a record 57.5 GW of net power generation capacity in FY26, up from 33.2 GW in FY25 - 1.73x the prior year. Renewable energy (including large hydro) accounted for 54.6 GW or 95% of net capacity addition. Battery storage tariffs touched a low of Rs. 1.23/unit; 37 storage tenders were announced in the year, and Sovereign Green Bonds worth Rs. 20,000 crore were issued. Over 150 GW of large-scale RE is under construction.
8GK Energy commissions 276 MW and 61,085 solar systems in FY26; cumulative capacity crosses 617 MW across 140,000 systems
GK Energy Limited, India's largest decentralised renewable energy infrastructure company, deployed 61,085 solar systems and commissioned 276 MW during FY26, taking cumulative installed capacity to over 617 MW across 140,000+ systems in 7,500+ villages. The company reported revenue from operations of Rs. 1,533 crore (standalone), with PAT of Rs. 201 crore. The order book stands at Rs. 710 crore. The company's 10-year revenue CAGR stands at 66.49%, reflecting accelerated momentum in solar pump and decentralised solar deployment across rural India.
EQUITY & STAKE ACQUISITION
8Schneider Electric Infrastructure's registrar CB Management merges into MUFG Intime India from May 8
Schneider Electric Infrastructure Limited informed stock exchanges that its Registrar and Share Transfer Agent (RTA), CB Management Services Private Limited, has merged with MUFG Intime India Private Limited (formerly Link Intime India Private Limited), effective May 8, 2026. The merger was approved by the Regional Director, Mumbai under Section 233 of the Companies Act, 2013. MUFG Intime India carries SEBI Registration No. INR000004058. Shareholders are assured of seamless continuity - no change in services is envisaged for the electrical equipment major's investor base.
8GE Vernova T&D India's registrar CB Management Services merges into MUFG Intime India from May 8
GE Vernova T&D India Limited (formerly GE T&D India Limited) informed BSE and NSE that its Registrar and Share Transfer Agent (RTA), CB Management Services Private Limited, has merged with MUFG Intime India Private Limited with effect from May 8, 2026. The merger was pursuant to the Regional Director (WR), Ministry of Corporate Affairs, Mumbai order dated April 24, 2026. Investors may now contact MUFG Intime India at Rasoi Court, 5th Floor, 20 Sir R N Mukherjee Road, Kolkata 700001. The change applies to one of India's largest grid equipment manufacturers. Details
NEWS UPDATE: TARIFF & REGULATORY ORDERS
May 14:
RETAIL TARIFF REVISION
8Delhi power consumers to pay 14.51% PPAC from May 9 as BRPL levies combined suo motu and differential surcharge
BSES Rajdhani Power Limited (BRPL) levied a combined Power Purchase Adjustment Charge (PPAC) of 14.51% effective 9 May 2026 in Delhi. This comprises an 8.75% Suo Motu PPAC valid from 10 April 2026 to 9 July 2026 under BRPL's own notification, and an additional 5.76% Differential PPAC applicable from 9 to 31 May 2026 as per a DERC order dated 6 February 2026 and the DERC (Terms and Conditions for Determination of Tariff) (Second Amendment) Regulations, 2026. The combined charge reflects rising fuel and power purchase costs being passed through to Delhi's electricity consumers.
8Rajasthan's three DISCOMs - Jaipur, Jodhpur, Ajmer - levy FPPAS for February 2026, recover variations in May billing
Rajasthan's three electricity distribution companies - Jaipur Vidyut Vitran Nigam Limited, Jodhpur Vidyut Vitran Nigam Limited, and Ajmer Vidyut Vitran Nigam Limited - computed and applied Fuel and Power Purchase Adjustment Surcharge (FPPAS) for February 2026, to be recovered through May 2026 billing. An independent audit by M/s Laxmi Kant & Co., Chartered Accountants, validated the calculation, which incorporates variations in fuel costs, power purchase costs, and transmission charges against the Commission-approved cost of supply under the RERC Tariff Regulations, 2025 and the Electricity Amendment Rules, 2022.
COMMISSION ORDERS (CERC/SERC)
8CERC moves to revoke Instinct Infra & Power's trading licence after 7 reminder notices go unanswered
The Central Electricity Regulatory Commission issued a show-cause notice to Instinct Infra & Power Limited - formerly Instinct Advertising & Marketing Ltd - threatening to revoke its Category IV inter-State electricity trading licence. Despite seven reminder communications between April 2025 and February 2026, the New Delhi-based licensee failed to submit mandatory monthly transaction reports, annual returns, and performance data under the Trading Licence Regulations, 2020. CERC has given the company two months to respond, warning that silence will trigger automatic revocation of its licence three months from the date of the order.
8Power Grid wins Rs. 311.86 crore/annum CERC licence to build 275-km Angul–Srikakulam 765 kV transmission link
SR and ER Power Transmission Limited - a 100% subsidiary of Power Grid Corporation of India Limited - filed for an inter-State transmission licence before CERC for the Angul–Srikakulam 765 kV second double-circuit line, approximately 275 km in length. Power Grid emerged as the lowest bidder, quoting Rs. 311.86 crore per annum against Dilip Buildcon's Rs. 312.64 crore in the e-reverse auction held on 9 December 2025. The project, with a contract performance guarantee of Rs. 55 crore lodged with CTUIL, targets commercial operation by 3 August 2028.
8Enerica Infra bags Morena SEZ transmission project at Rs. 156.23 crore/annum, pipping Apraava Energy by Rs. 39.2 lakh
Morena-I SEZ Transmission Limited, owned by Enerica Infra 1 Private Limited, moved CERC for a transmission licence to evacuate 2,500 MW of renewable energy from Madhya Pradesh's Morena SEZ - one of the country's largest designated RE zones with 3.9 GW potential. In a hotly contested 12-bidder auction, Enerica quoted Rs. 156.23 crore per annum to clinch the project, narrowly ahead of Apraava Energy Private Limited at Rs. 156.63 crore. Enerica furnished a contract performance guarantee of Rs. 52 crore with CTUIL. The project, which includes a 765/400 kV pooling station near Sabalgarh, must be commissioned by 3 May 2028.
8CERC determines transmission tariff for Power Grid's Mundra UMPP–Bhuj 400 kV lines under 2024-29 tariff period
The Central Electricity Regulatory Commission disposed of Power Grid Corporation of India Limited's petition for truing up of transmission tariff for the 2019–24 period and determination of tariff for 2024–29 for two critical transmission assets: the 400 kV D/C Mundra UMPP–Bhuj Triple Snowbird Circuit-1 and Circuit-2 transmission lines, along with the 400 kV Bhuj Pooling Station and extensions of the Mundra UMPP switchyard. The assets, part of the Transmission System Strengthening Associated with Mundra UMPP (Part-B) in the Western Region, serve beneficiaries including Madhya Pradesh, Maharashtra, Gujarat, Goa, Chhattisgarh, and Dadra & Nagar Haveli.
8CERC directs CTUIL to decide ACME Cleantech's solar-to-wind connectivity shift application without delay
The Central Electricity Regulatory Commission ordered Central Transmission Utility of India Limited (CTUIL) to promptly consider ACME Cleantech Solutions Private Limited's application - filed on 15 September 2025 - for changing its renewable energy source from solar to wind under the GNA Regulations. ACME, headquartered in Gurugram, has also sought conversion of connectivity from the Land Bank Guarantee route to a Letter of Award route and relief from coercive action. CERC granted interim protection, underscoring the need to facilitate India's renewable energy transition without procedural bottlenecks.
8CSERC pegs FY 2026-27 solar tariff at Rs. 3.40/kWh and small hydro at up to Rs. 8.18/kWh in new generic RE tariff order
The Chhattisgarh State Electricity Regulatory Commission released draft generic levelised tariffs for renewable energy projects achieving commercial operation in FY 2026-27. Solar PV projects (0.5–2 MW) are pegged at Rs. 3.40 per kWh, Mini/Micro Hydro (up to 2 MW) at Rs. 8.18 per kWh, Small Hydro (5–10 MW) at Rs. 7.87 per kWh, and Non-Fossil Fuel Co-generation fixed charges at Rs. 4.55 per kWh. Biogas-based projects carry fixed charges of Rs. 4.90 per kWh. Capital costs range from Rs. 3.5 crore/MW for Solar PV to Rs. 13.54 crore/MW for Biogas. Stakeholders may file comments by 5 June 2026.
8GERC directs GPCL to file affidavit on stalled land allotment for Dholera 700 MW solar park as Veena Energy awaits PPA at Rs. 2.78/kWh
The Gujarat Electricity Regulatory Commission directed Gujarat Power Corporation Limited (GPCL) to file an affidavit within three weeks detailing the status of land acquisition for the Dholera Solar Park in Phase IX - a project awarded to Veena Energy Renewables Urja Pvt. Limited at a tariff of Rs. 2.78 per kWh under GUVNL's 700 MW solar competitive bidding process. GPCL, the nodal agency, acknowledged engaging DSIRDA and DICDL to expedite land possession, but delays persist. The case involves multiple parties including Tata Power, Renew Solar Power, and SJVN Limited.
8CSERC adjudicates final capital cost and tariff for 113 MW Rongnichu hydro project operated by Madhya Bharat Power for CSPDCL
The Chhattisgarh State Electricity Regulatory Commission is hearing Madhya Bharat Power Corporation Limited's petition for approval of final capital cost as on COD, investment plan, tariff truing up for 2021–22, and determination of tariff for the 2022–25 period for its 113 MW (2×56.5 MW) Rongnichu Hydro-Electric Project in Sikkim. The Raipur-headquartered company is in a dispute with Chhattisgarh State Power Distribution Company Limited over the financial terms of this hydropower supply arrangement - a matter with significant implications for inter-state hydropower off-take agreements.
8HPERC decides MA No. 487/2025 on May 13 involving HPPTCL; arguments heard in April 2026
The Himachal Pradesh Electricity Regulatory Commission decided Miscellaneous Application No. 487 of 2025, filed by Himachal Pradesh Power Transmission Corporation Limited (HPPTCL), on May 13, 2026. Arguments were heard on April 8, 2026. The case was filed on September 15, 2025. The order was distributed as part of HPERC's regular adjudicatory proceedings under the Electricity Act, 2003. HPPTCL plays a critical role in expanding Himachal Pradesh's transmission backbone to evacuate hydropower from the state's extensive run-of-river projects to the national grid.
8PSERC approves PSPCL's procurement of 2 MW from Thind Power's mini hydel project at Rs. 3.70/kWh
Punjab State Electricity Regulatory Commission (PSERC), Chandigarh, passed three significant orders on May 13, 2026. Petition 36/2026 deals with re-determination of tariff for a 6 MW biomass-based (Rankine Cycle) power plant under Section 86(1)(a)&(b) of the Electricity Act. Petition 37/2026 seeks enhancement of monetary limits for consumer grievance redressal forums. Petition 38/2026 approves PSPCL's procurement of 2 MW from M/s Thind Power Private Limited's Mini Hydel Project at Rs. 3.70/kWh - supporting Punjab's small hydro integration.
8MERC issues daily order in JSW vs MSEDCL complaint case 218 of 2025; proceedings continue at Maharashtra regulator
The Maharashtra Electricity Regulatory Commission (MERC) issued its daily order in Complaint Case No. 218 of 2025 between JSW and MSEDCL (Maharashtra State Electricity Distribution Company Limited). The proceedings are ongoing at the Commission's World Trade Centre office in Mumbai. MERC continues to adjudicate in disputes between power generators, distribution licensees, and consumers under the Electricity Act, 2003. The case is part of a growing docket of generator-DISCOM disputes in Maharashtra over PPA terms, scheduling, and payment-related matters.
OMBUDSMAN & CONSUMER GRIEVANCE
8TNERC orders TANGEDCO to implement Electricity Ombudsman's March 2024 ruling in favour of Hindustan Unilever
The Tamil Nadu Electricity Regulatory Commission (TNERC) allowed the petition of Hindustan Unilever Limited, directing the implementation of an order passed by the Electricity Ombudsman on 5 March 2024 in Appeal No. 95 of 2023. The regulator confirmed that since TANGEDCO has now complied with the Ombudsman's ruling, no further penalty under Section 142 of the Electricity Act, 2003 will be imposed. The case underscores the binding nature of ombudsman orders on distribution companies in consumer grievance matters and reinforces large industrial consumer rights in Tamil Nadu.
8Gujarat Ambuja Exports approaches GERC over electricity dispute with UGVCL at Dalpur plant
Gujarat Ambuja Exports Limited, which operates a plant at Dalpur, approached the Gujarat Electricity Regulatory Commission in Petition No. 2617 of 2026 against Uttar Gujarat Vij Company Limited (UGVCL). The matter involves regulatory issues under the Electricity Act, 2003 and reflects growing industry assertions of consumer rights in Gujarat's electricity distribution framework. The petition adds to a growing volume of industrial consumer challenges before SERCs across India seeking redressal on tariff, connection, and supply quality issues.
REGULATORY PETITION & REVIEW
8CERC issues public notice for Bellary–Davanagere transmission project to tap 3 GW RE potential in Karnataka
The Central Electricity Regulatory Commission published a public notice proposing to grant a transmission licence to Bellary Davanagere Transmission Limited for a new inter-State transmission scheme in Karnataka. The project entails augmentation at Davanagere with two 1,500 MVA, 765/400 kV ICTs, expansion at Bellary with six 400/220 kV 500 MVA ICTs, and a 400 kV Quad double-circuit line between the two substations. The scheme aims to harness an estimated 3 GW of additional renewable energy potential. Objections may be filed with CERC by 23 May 2026, with a scheduled hearing on 25 May 2026.
8CERC schedules 23 May public hearing on connectivity lapses under GNA regulations; RE projects with unsigned PPAs face grid risk
The Central Electricity Regulatory Commission announced a public hearing on 23 May 2026 (10:30 AM, online) on its draft order in Petition No. 11/SM/2026 concerning the treatment of connectivity granted under the GNA Regulations where Power Purchase Agreements remain unsigned for more than 12 months from the date of issuance of the Letter of Award. The draft order released on 6 May 2026 carries far-reaching implications for hundreds of renewable energy developers whose PPAs are pending, potentially triggering forfeiture of grid connectivity. Objections are invited by 21 May 2026. Details
8Delhi power consumers to pay 14.51% PPAC from May 9 as BRPL levies combined suo motu and differential surcharge
BSES Rajdhani Power Limited (BRPL) levied a combined Power Purchase Adjustment Charge (PPAC) of 14.51% effective 9 May 2026 in Delhi. This comprises an 8.75% Suo Motu PPAC valid from 10 April 2026 to 9 July 2026 under BRPL's own notification, and an additional 5.76% Differential PPAC applicable from 9 to 31 May 2026 as per a DERC order dated 6 February 2026 and the DERC (Terms and Conditions for Determination of Tariff) (Second Amendment) Regulations, 2026. The combined charge reflects rising fuel and power purchase costs being passed through to Delhi's electricity consumers.
8Rajasthan's three DISCOMs - Jaipur, Jodhpur, Ajmer - levy FPPAS for February 2026, recover variations in May billing
Rajasthan's three electricity distribution companies - Jaipur Vidyut Vitran Nigam Limited, Jodhpur Vidyut Vitran Nigam Limited, and Ajmer Vidyut Vitran Nigam Limited - computed and applied Fuel and Power Purchase Adjustment Surcharge (FPPAS) for February 2026, to be recovered through May 2026 billing. An independent audit by M/s Laxmi Kant & Co., Chartered Accountants, validated the calculation, which incorporates variations in fuel costs, power purchase costs, and transmission charges against the Commission-approved cost of supply under the RERC Tariff Regulations, 2025 and the Electricity Amendment Rules, 2022.
COMMISSION ORDERS (CERC/SERC)
8CERC moves to revoke Instinct Infra & Power's trading licence after 7 reminder notices go unanswered
The Central Electricity Regulatory Commission issued a show-cause notice to Instinct Infra & Power Limited - formerly Instinct Advertising & Marketing Ltd - threatening to revoke its Category IV inter-State electricity trading licence. Despite seven reminder communications between April 2025 and February 2026, the New Delhi-based licensee failed to submit mandatory monthly transaction reports, annual returns, and performance data under the Trading Licence Regulations, 2020. CERC has given the company two months to respond, warning that silence will trigger automatic revocation of its licence three months from the date of the order.
8Power Grid wins Rs. 311.86 crore/annum CERC licence to build 275-km Angul–Srikakulam 765 kV transmission link
SR and ER Power Transmission Limited - a 100% subsidiary of Power Grid Corporation of India Limited - filed for an inter-State transmission licence before CERC for the Angul–Srikakulam 765 kV second double-circuit line, approximately 275 km in length. Power Grid emerged as the lowest bidder, quoting Rs. 311.86 crore per annum against Dilip Buildcon's Rs. 312.64 crore in the e-reverse auction held on 9 December 2025. The project, with a contract performance guarantee of Rs. 55 crore lodged with CTUIL, targets commercial operation by 3 August 2028.
8Enerica Infra bags Morena SEZ transmission project at Rs. 156.23 crore/annum, pipping Apraava Energy by Rs. 39.2 lakh
Morena-I SEZ Transmission Limited, owned by Enerica Infra 1 Private Limited, moved CERC for a transmission licence to evacuate 2,500 MW of renewable energy from Madhya Pradesh's Morena SEZ - one of the country's largest designated RE zones with 3.9 GW potential. In a hotly contested 12-bidder auction, Enerica quoted Rs. 156.23 crore per annum to clinch the project, narrowly ahead of Apraava Energy Private Limited at Rs. 156.63 crore. Enerica furnished a contract performance guarantee of Rs. 52 crore with CTUIL. The project, which includes a 765/400 kV pooling station near Sabalgarh, must be commissioned by 3 May 2028.
8CERC determines transmission tariff for Power Grid's Mundra UMPP–Bhuj 400 kV lines under 2024-29 tariff period
The Central Electricity Regulatory Commission disposed of Power Grid Corporation of India Limited's petition for truing up of transmission tariff for the 2019–24 period and determination of tariff for 2024–29 for two critical transmission assets: the 400 kV D/C Mundra UMPP–Bhuj Triple Snowbird Circuit-1 and Circuit-2 transmission lines, along with the 400 kV Bhuj Pooling Station and extensions of the Mundra UMPP switchyard. The assets, part of the Transmission System Strengthening Associated with Mundra UMPP (Part-B) in the Western Region, serve beneficiaries including Madhya Pradesh, Maharashtra, Gujarat, Goa, Chhattisgarh, and Dadra & Nagar Haveli.
8CERC directs CTUIL to decide ACME Cleantech's solar-to-wind connectivity shift application without delay
The Central Electricity Regulatory Commission ordered Central Transmission Utility of India Limited (CTUIL) to promptly consider ACME Cleantech Solutions Private Limited's application - filed on 15 September 2025 - for changing its renewable energy source from solar to wind under the GNA Regulations. ACME, headquartered in Gurugram, has also sought conversion of connectivity from the Land Bank Guarantee route to a Letter of Award route and relief from coercive action. CERC granted interim protection, underscoring the need to facilitate India's renewable energy transition without procedural bottlenecks.
8CSERC pegs FY 2026-27 solar tariff at Rs. 3.40/kWh and small hydro at up to Rs. 8.18/kWh in new generic RE tariff order
The Chhattisgarh State Electricity Regulatory Commission released draft generic levelised tariffs for renewable energy projects achieving commercial operation in FY 2026-27. Solar PV projects (0.5–2 MW) are pegged at Rs. 3.40 per kWh, Mini/Micro Hydro (up to 2 MW) at Rs. 8.18 per kWh, Small Hydro (5–10 MW) at Rs. 7.87 per kWh, and Non-Fossil Fuel Co-generation fixed charges at Rs. 4.55 per kWh. Biogas-based projects carry fixed charges of Rs. 4.90 per kWh. Capital costs range from Rs. 3.5 crore/MW for Solar PV to Rs. 13.54 crore/MW for Biogas. Stakeholders may file comments by 5 June 2026.
8GERC directs GPCL to file affidavit on stalled land allotment for Dholera 700 MW solar park as Veena Energy awaits PPA at Rs. 2.78/kWh
The Gujarat Electricity Regulatory Commission directed Gujarat Power Corporation Limited (GPCL) to file an affidavit within three weeks detailing the status of land acquisition for the Dholera Solar Park in Phase IX - a project awarded to Veena Energy Renewables Urja Pvt. Limited at a tariff of Rs. 2.78 per kWh under GUVNL's 700 MW solar competitive bidding process. GPCL, the nodal agency, acknowledged engaging DSIRDA and DICDL to expedite land possession, but delays persist. The case involves multiple parties including Tata Power, Renew Solar Power, and SJVN Limited.
8CSERC adjudicates final capital cost and tariff for 113 MW Rongnichu hydro project operated by Madhya Bharat Power for CSPDCL
The Chhattisgarh State Electricity Regulatory Commission is hearing Madhya Bharat Power Corporation Limited's petition for approval of final capital cost as on COD, investment plan, tariff truing up for 2021–22, and determination of tariff for the 2022–25 period for its 113 MW (2×56.5 MW) Rongnichu Hydro-Electric Project in Sikkim. The Raipur-headquartered company is in a dispute with Chhattisgarh State Power Distribution Company Limited over the financial terms of this hydropower supply arrangement - a matter with significant implications for inter-state hydropower off-take agreements.
8HPERC decides MA No. 487/2025 on May 13 involving HPPTCL; arguments heard in April 2026
The Himachal Pradesh Electricity Regulatory Commission decided Miscellaneous Application No. 487 of 2025, filed by Himachal Pradesh Power Transmission Corporation Limited (HPPTCL), on May 13, 2026. Arguments were heard on April 8, 2026. The case was filed on September 15, 2025. The order was distributed as part of HPERC's regular adjudicatory proceedings under the Electricity Act, 2003. HPPTCL plays a critical role in expanding Himachal Pradesh's transmission backbone to evacuate hydropower from the state's extensive run-of-river projects to the national grid.
8PSERC approves PSPCL's procurement of 2 MW from Thind Power's mini hydel project at Rs. 3.70/kWh
Punjab State Electricity Regulatory Commission (PSERC), Chandigarh, passed three significant orders on May 13, 2026. Petition 36/2026 deals with re-determination of tariff for a 6 MW biomass-based (Rankine Cycle) power plant under Section 86(1)(a)&(b) of the Electricity Act. Petition 37/2026 seeks enhancement of monetary limits for consumer grievance redressal forums. Petition 38/2026 approves PSPCL's procurement of 2 MW from M/s Thind Power Private Limited's Mini Hydel Project at Rs. 3.70/kWh - supporting Punjab's small hydro integration.
8MERC issues daily order in JSW vs MSEDCL complaint case 218 of 2025; proceedings continue at Maharashtra regulator
The Maharashtra Electricity Regulatory Commission (MERC) issued its daily order in Complaint Case No. 218 of 2025 between JSW and MSEDCL (Maharashtra State Electricity Distribution Company Limited). The proceedings are ongoing at the Commission's World Trade Centre office in Mumbai. MERC continues to adjudicate in disputes between power generators, distribution licensees, and consumers under the Electricity Act, 2003. The case is part of a growing docket of generator-DISCOM disputes in Maharashtra over PPA terms, scheduling, and payment-related matters.
OMBUDSMAN & CONSUMER GRIEVANCE
8TNERC orders TANGEDCO to implement Electricity Ombudsman's March 2024 ruling in favour of Hindustan Unilever
The Tamil Nadu Electricity Regulatory Commission (TNERC) allowed the petition of Hindustan Unilever Limited, directing the implementation of an order passed by the Electricity Ombudsman on 5 March 2024 in Appeal No. 95 of 2023. The regulator confirmed that since TANGEDCO has now complied with the Ombudsman's ruling, no further penalty under Section 142 of the Electricity Act, 2003 will be imposed. The case underscores the binding nature of ombudsman orders on distribution companies in consumer grievance matters and reinforces large industrial consumer rights in Tamil Nadu.
8Gujarat Ambuja Exports approaches GERC over electricity dispute with UGVCL at Dalpur plant
Gujarat Ambuja Exports Limited, which operates a plant at Dalpur, approached the Gujarat Electricity Regulatory Commission in Petition No. 2617 of 2026 against Uttar Gujarat Vij Company Limited (UGVCL). The matter involves regulatory issues under the Electricity Act, 2003 and reflects growing industry assertions of consumer rights in Gujarat's electricity distribution framework. The petition adds to a growing volume of industrial consumer challenges before SERCs across India seeking redressal on tariff, connection, and supply quality issues.
REGULATORY PETITION & REVIEW
8CERC issues public notice for Bellary–Davanagere transmission project to tap 3 GW RE potential in Karnataka
The Central Electricity Regulatory Commission published a public notice proposing to grant a transmission licence to Bellary Davanagere Transmission Limited for a new inter-State transmission scheme in Karnataka. The project entails augmentation at Davanagere with two 1,500 MVA, 765/400 kV ICTs, expansion at Bellary with six 400/220 kV 500 MVA ICTs, and a 400 kV Quad double-circuit line between the two substations. The scheme aims to harness an estimated 3 GW of additional renewable energy potential. Objections may be filed with CERC by 23 May 2026, with a scheduled hearing on 25 May 2026.
8CERC schedules 23 May public hearing on connectivity lapses under GNA regulations; RE projects with unsigned PPAs face grid risk
The Central Electricity Regulatory Commission announced a public hearing on 23 May 2026 (10:30 AM, online) on its draft order in Petition No. 11/SM/2026 concerning the treatment of connectivity granted under the GNA Regulations where Power Purchase Agreements remain unsigned for more than 12 months from the date of issuance of the Letter of Award. The draft order released on 6 May 2026 carries far-reaching implications for hundreds of renewable energy developers whose PPAs are pending, potentially triggering forfeiture of grid connectivity. Objections are invited by 21 May 2026. Details
NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE
May 14:
QUARTERLY RESULTS
8Tata Power clocks FY26 EBITDA of Rs. 14,347 crore, EBITDA margin expands to 22.5%; renewables now 25% of PAT
Tata Power Company's FY26 results show EBITDA surging 14.9% YoY to Rs. 14,347 crore with EBITDA margins expanding sharply to 22.5% from 19.4% in FY25. Adjusted PAT grew 10% YoY, broadly in-line with estimates. Net sales stood at Rs. 63,680 crore for FY26, while the company targets 5 GW of renewable commissioning over the next 2 years. ICICI Securities maintains HOLD rating with target price revised to Rs. 400 from Rs. 359. The Mundra SPPA overhang is now largely resolved.
8GK Energy posts 40% revenue jump to Rs. 1,533 crore in FY26; PAT surges 51% to Rs. 201 crore, cash turns to Rs. 241 crore surplus
GK Energy Limited, India's largest decentralised renewable energy infrastructure company, reported a landmark FY26 performance. Revenue from operations grew 40% YoY to Rs. 1,533 crore (standalone), while PAT rose 51.1% to Rs. 201 crore. EBITDA stood at Rs. 313 crore with margins at 20.44%. The company deployed 61,085 solar systems and commissioned 276 MW during the year, taking cumulative installed capacity to over 617 MW across 140,000+ systems in 7,500+ villages. The balance sheet transformed from net debt to a surplus of Rs. 241 crore post-IPO.
8Tata Power Q4 FY26: T&D drives 60% of PAT; 5 GW renewable target in 2 years as Mundra drag fades
Tata Power Company reported Q4 FY26 results with adjusted PAT growth of 10% YoY, broadly in-line with analyst estimates. T&D contributed 60% to PAT, renewables 25%, and coal/standalone 10%. Net sales for FY26 stood at Rs. 63,680 crore. The Mundra SPPA overhang - a drag for over a year - is now largely resolved with Gujarat settling and four remaining states in advanced stages. Management targets commissioning 5 GW of renewable capacity over the next 2 years. ICICI Securities rates the stock HOLD with revised target price of Rs. 400.
8Torrent Power's Ahmedabad grid buys 1,932 MU from GUVNL in Q3 FY26, down 5.91% YoY; Dahej area purchases fall 7.82% to 197 MU
Torrent Power Limited filed its Q3 FY 2025-26 Regulatory Information Report with GERC for its Ahmedabad/Gandhinagar and Surat licence areas. Power purchase from GUVNL/Others for the Ahmedabad area stood at 1,932.51 MU in Q3 FY26, down 5.91% from 2,053.87 MU in Q3 FY25. The Dahej and Dholera licence area bought 197.06 MU from GUVNL - a decline of 7.82% year-on-year - against 213.78 MU in the corresponding quarter. Cumulative year-to-date Ahmedabad purchases were 7,352.52 MU, down 2.19% from 7,517.04 MU.
8CSPGCL reports Rs. 79,244 crore fixed assets and qualified audit opinion in FY 2024-25 standalone financials
Chhattisgarh State Power Generation Company Limited (CSPGCL) released its standalone balance sheet as at 31 March 2025, showing Property, Plant and Equipment of Rs. 79,243.86 crore - down from Rs. 86,243.89 crore in FY 2023-24. The company's auditor, BAMB TAORI & CO., Chartered Accountants, has issued a Qualified Opinion on the standalone Ind AS financial statements, raising concerns on specific accounting treatments. CSPGCL's consolidated financial statements for the group also carry a qualified audit opinion covering the company and its subsidiary.
ANNUAL RESULTS
8Om Infra board approves FY26 audited results; recommends 50% final dividend of Rs. 0.50 per share
Om Infra Limited (formerly Om Metals Infraprojects Limited) held its Board meeting on May 13, 2026, and approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The Board also recommended a final dividend of Rs. 0.50 per equity share (50% of face value Rs. 1), subject to shareholder approval at the forthcoming Annual General Meeting. The dividend declaration represents a continued payout policy for shareholders of the infrastructure firm with significant exposure to hydro and water resource projects across India.
8CESC Limited receives clean secretarial compliance bill of health for FY26; no non-compliance found
CESC Limited submitted its Annual Secretarial Compliance Report for FY ended March 31, 2026 to BSE and NSE, issued by M/s Anjan Kumar Roy & Co., Company Secretaries, Kolkata. The report confirms full compliance with all applicable SEBI regulations including LODR, insider trading, Takeovers, and Non-Convertible Securities norms. No deviations, no regulatory actions, no disqualifications, and no statutory auditor resignations were reported during the review period. The Kolkata-based integrated power utility's related party transactions are covered under Omnibus Approval by the Audit Committee.
8Solarworld Energy Solutions' Rs. 411.68 crore IPO proceeds earmarked for 1.2 GW Karnataka solar cell plant still undeployed
Solarworld Energy Solutions Limited filed its CRISIL Ratings Monitoring Agency Report for Q4 FY26, revealing that Rs. 411.68 crore of IPO proceeds earmarked for investment in subsidiary Kartik Solarworld Private Limited (KSPL) to establish a 1.2 GW solar PV TopCon cell manufacturing facility at Pandhurana, Madhya Pradesh remain unutilised. Only Rs. 23.01 crore was deployed towards issue expenses; total IPO and Pre-IPO proceeds raised were Rs. 550 crore. Remaining Rs. 425.33 crore sits in fixed deposits across HDFC, Yes Bank, and Axis Bank at 5.85–6.90% interest.
8Hitachi Energy India confirms no deviation in QIP fund usage; Rs. 469.66 crore deployed from Rs. 2,476 crore net proceeds
Hitachi Energy India Limited confirmed zero deviation in the use of funds raised through its Qualified Institutional Placement of March 2025 (gross Rs. 2,520.82 crore). The Audit Committee reviewed the Q4 FY26 statement on May 11, 2026. Of Rs. 1,513.28 crore allocated for capital expenditure, Rs. 469.66 crore has been utilised so far - related to capacity increase, equipment addition, and civil works. No utilisation occurred from the Rs. 350 crore working capital allocation or Rs. 613.01 crore general corporate purpose allocation during the quarter.
8GE Power India updates KMP contact details: Puneet Bhatla designated Managing Director from May 14
GE Power India Limited notified BSE and NSE of a change in Key Managerial Personnel (KMP) contact details with effect from May 14, 2026. Puneet Bhatla has been designated as Managing Director (DIN: 09536236) and authorised KMP for determining materiality of events. The company's corporate office is at Axis House, Jaypee Wishtown, Sector 128, Noida, Uttar Pradesh. The change reflects continued leadership reorganisation at one of India's significant power equipment manufacturers and EPC service providers in the thermal and steam power segment.
DIVIDEND & BOARD DECISIONS
8PFC board to meet May 16 to discuss merger with REC; Rs. 1.6 trillion giant in the making
Power Finance Corporation Limited, a Government of India Undertaking, notified stock exchanges that its Board of Directors is scheduled to meet on May 16, 2026 to consider and discuss the proposed merger of PFC and REC Limited in accordance with the company's Articles of Association. The merger of these two Maharatna PSUs - PFC with assets of over Rs. 9 lakh crore and REC with over Rs. 5.9 lakh crore - would create one of India's largest financial institutions. REC Limited filed a separate but complementary Board meeting intimation for the same date.
8REC Limited also calls board meeting for May 16 to deliberate on PFC-REC merger; twin PSU mega-merger on track
REC Limited, a Maharatna Government of India Enterprise and the country's premier infrastructure financing company for the power sector, filed a board meeting intimation under SEBI LODR Regulation 29 for May 16, 2026. The meeting, parallel to PFC's board meeting called the same day, further confirms active deliberations on the proposed merger of Power Finance Corporation and REC Limited. Combined, these two PSUs would manage a loan book exceeding Rs. 15 lakh crore, creating one of India's largest financial institutions focused on the power sector.
8Suzlon Energy allots 1,95,000 equity shares under ESOP 2022; paid-up capital now Rs. 2,743 crore
Suzlon Energy Limited allotted 1,95,000 fully paid-up equity shares of face value Rs. 2 each to eligible employees under Employee Stock Option Plan 2022, via a circular resolution passed by its Securities Issue Committee on May 13, 2026. Of these, 1,20,000 shares under Grant 1 (May 2023) were exercised at Rs. 5 each, and 75,000 shares under Grant 2 (May 2024) at Rs. 30 each, together realising Rs. 28.50 lakh. Post-allotment, the company's paid-up capital stands at Rs. 2,743.10 crore divided into 1,371.55 crore equity shares.
8S&S Power Switchgear schedules board meeting for May 22 to approve FY26 audited results; trading window closes till May 24
S&S Power Switchgear Limited intimated BSE and NSE that its Board of Directors is scheduled to meet on Friday, May 22, 2026 to consider and approve the Audited Standalone and Consolidated Financial Results for FY ended March 31, 2026. In accordance with its Code of Conduct for Prevention of Insider Trading, the trading window for designated persons remains closed from April 1, 2026 and will reopen on May 24, 2026 - 48 hours after the declaration of results. The switchgear maker serves the Indian electrical equipment ecosystem.
8Adani Enterprises rights issue committee meets May 13; board deliberates capital raise for flagship conglomerate
Adani Enterprises Limited notified stock exchanges that its Rights Issue Committee of the Board of Directors met on May 13, 2026. The outcome relates to the company's ongoing capital raise through a rights issue. Adani Enterprises, the flagship of the Adani Group, operates across energy, infrastructure, airports, defence, and data centres, and is currently pursuing accelerated investment plans across its diversified business verticals. The rights issue is part of the group's broader funding strategy to support its capital expenditure pipeline across power, ports, and renewables businesses.
EARNINGS CALL & ANALYST MEET
8NHPC to host Q4 FY26 results conference call on May 18 at 3:30 PM IST; global dial-in numbers available
NHPC Limited announced a conference call on Monday, May 18, 2026 at 3:30 PM IST to discuss the company's Q4 and full year FY 2025-26 financial results. Senior management will interact with analysts and institutional investors. International dial-in numbers are available for the US (+1 866 746 2133), UK (+44 808 101 1573), Singapore (800 101 2045), Hong Kong (800 964 448), and Australia (0080014243444). NHPC is India's premier hydropower company with an installed capacity of over 7,000 MW and is a Mini Ratna Category-I CPSE.
8Jindal Steel Limited schedules one-on-one analyst meet with Pinebridge Investments in Gurgaon on May 18
Jindal Steel Limited (formerly Jindal Steel & Power Limited), listed on NSE and BSE, notified stock exchanges of an upcoming analyst meeting on Monday, May 18, 2026, with Pinebridge Investments at Gurgaon. The intimation was filed under Regulation 30 of SEBI LODR Regulations, 2015. The schedule is subject to changes due to exigencies from any party. The interaction reflects continued institutional investor engagement with the steel-and-power major as it pursues its diversification across captive coal mining, thermal generation, and steel manufacturing operations.
8Torrent Power posts Q4 FY26 earnings call audio recording on company website; analysts briefed
Torrent Power Limited informed stock exchanges that the audio recording of its analyst/investor earnings conference call for Q4 and FY 2025-26 results, held on May 13, 2026, has been uploaded on the company's website. A transcript will be submitted in due course, as per Regulation 30 of SEBI LODR Regulations. Torrent Power is one of India's leading private sector power utilities operating distribution, generation, and renewable energy businesses across Gujarat, Maharashtra, Uttar Pradesh, and other states with a growing renewable portfolio.
8KP Green Engineering posts FY26 earnings conference call recording online; half-year results discussed with analysts May 13
KP Green Engineering Limited informed stock exchanges that the audio recording of its analyst/investor earnings conference call held on May 13, 2026 at 11:00 AM IST - covering audited financial results for the half year and year ended March 31, 2026 - has been uploaded on its website. The transcript will be submitted in due course under SEBI LODR Regulations. KP Green Engineering operates in the green and renewable energy infrastructure space and continues investor outreach following its results announcement.
CREDIT RATING & ANALYST REPORT
8CareEdge assigns CARE A-; Stable rating to Hero Future Energies' 125.8 MW hybrid RE restricted group; combined debt Rs. 630+ crore
CareEdge Ratings assigned CARE A-; Stable ratings to the long-term bank facilities of Clean Renewable Energy KK's Hero Restricted Group (RG) - five SPVs (1A through 1E) - under a combined approach. The group operates a total hybrid capacity of 125.8 MW AC (99.4 MW solar, 26.4 MW wind) in Karnataka, backed by Hero Future Energies which has 2.3 GW of commissioned capacity and 6 GW under construction. Long-term PPAs covering 90% of capacity are in place with C&I counterparties. Total rated facilities: 1A Rs. 143.26 crore, 1B Rs. 143.26 crore, 1C Rs. 143.26 crore, 1D Rs. 143.26 crore, 1E Rs. 56.96 crore.
8ICRA keeps Viyyat Power Private Limited's ICRA B+(Stable) rating under Issuer Non-Cooperating category
ICRA Limited retained Viyyat Power Private Limited's long-term fund-based cash credit rating of ICRA B+(Stable) under the Issuer Non-Cooperating category as of May 13, 2026. The company's rated amount stands at Rs. 0.50 crore. The Issuer Not Cooperating designation indicates that ICRA has not received adequate information from Viyyat Power to conduct a proper review, raising credit monitoring concerns. The rating continues to reflect limited financial visibility for the small-ticket borrower in the power sector ecosystem. Details
8Tata Power clocks FY26 EBITDA of Rs. 14,347 crore, EBITDA margin expands to 22.5%; renewables now 25% of PAT
Tata Power Company's FY26 results show EBITDA surging 14.9% YoY to Rs. 14,347 crore with EBITDA margins expanding sharply to 22.5% from 19.4% in FY25. Adjusted PAT grew 10% YoY, broadly in-line with estimates. Net sales stood at Rs. 63,680 crore for FY26, while the company targets 5 GW of renewable commissioning over the next 2 years. ICICI Securities maintains HOLD rating with target price revised to Rs. 400 from Rs. 359. The Mundra SPPA overhang is now largely resolved.
8GK Energy posts 40% revenue jump to Rs. 1,533 crore in FY26; PAT surges 51% to Rs. 201 crore, cash turns to Rs. 241 crore surplus
GK Energy Limited, India's largest decentralised renewable energy infrastructure company, reported a landmark FY26 performance. Revenue from operations grew 40% YoY to Rs. 1,533 crore (standalone), while PAT rose 51.1% to Rs. 201 crore. EBITDA stood at Rs. 313 crore with margins at 20.44%. The company deployed 61,085 solar systems and commissioned 276 MW during the year, taking cumulative installed capacity to over 617 MW across 140,000+ systems in 7,500+ villages. The balance sheet transformed from net debt to a surplus of Rs. 241 crore post-IPO.
8Tata Power Q4 FY26: T&D drives 60% of PAT; 5 GW renewable target in 2 years as Mundra drag fades
Tata Power Company reported Q4 FY26 results with adjusted PAT growth of 10% YoY, broadly in-line with analyst estimates. T&D contributed 60% to PAT, renewables 25%, and coal/standalone 10%. Net sales for FY26 stood at Rs. 63,680 crore. The Mundra SPPA overhang - a drag for over a year - is now largely resolved with Gujarat settling and four remaining states in advanced stages. Management targets commissioning 5 GW of renewable capacity over the next 2 years. ICICI Securities rates the stock HOLD with revised target price of Rs. 400.
8Torrent Power's Ahmedabad grid buys 1,932 MU from GUVNL in Q3 FY26, down 5.91% YoY; Dahej area purchases fall 7.82% to 197 MU
Torrent Power Limited filed its Q3 FY 2025-26 Regulatory Information Report with GERC for its Ahmedabad/Gandhinagar and Surat licence areas. Power purchase from GUVNL/Others for the Ahmedabad area stood at 1,932.51 MU in Q3 FY26, down 5.91% from 2,053.87 MU in Q3 FY25. The Dahej and Dholera licence area bought 197.06 MU from GUVNL - a decline of 7.82% year-on-year - against 213.78 MU in the corresponding quarter. Cumulative year-to-date Ahmedabad purchases were 7,352.52 MU, down 2.19% from 7,517.04 MU.
8CSPGCL reports Rs. 79,244 crore fixed assets and qualified audit opinion in FY 2024-25 standalone financials
Chhattisgarh State Power Generation Company Limited (CSPGCL) released its standalone balance sheet as at 31 March 2025, showing Property, Plant and Equipment of Rs. 79,243.86 crore - down from Rs. 86,243.89 crore in FY 2023-24. The company's auditor, BAMB TAORI & CO., Chartered Accountants, has issued a Qualified Opinion on the standalone Ind AS financial statements, raising concerns on specific accounting treatments. CSPGCL's consolidated financial statements for the group also carry a qualified audit opinion covering the company and its subsidiary.
ANNUAL RESULTS
8Om Infra board approves FY26 audited results; recommends 50% final dividend of Rs. 0.50 per share
Om Infra Limited (formerly Om Metals Infraprojects Limited) held its Board meeting on May 13, 2026, and approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The Board also recommended a final dividend of Rs. 0.50 per equity share (50% of face value Rs. 1), subject to shareholder approval at the forthcoming Annual General Meeting. The dividend declaration represents a continued payout policy for shareholders of the infrastructure firm with significant exposure to hydro and water resource projects across India.
8CESC Limited receives clean secretarial compliance bill of health for FY26; no non-compliance found
CESC Limited submitted its Annual Secretarial Compliance Report for FY ended March 31, 2026 to BSE and NSE, issued by M/s Anjan Kumar Roy & Co., Company Secretaries, Kolkata. The report confirms full compliance with all applicable SEBI regulations including LODR, insider trading, Takeovers, and Non-Convertible Securities norms. No deviations, no regulatory actions, no disqualifications, and no statutory auditor resignations were reported during the review period. The Kolkata-based integrated power utility's related party transactions are covered under Omnibus Approval by the Audit Committee.
8Solarworld Energy Solutions' Rs. 411.68 crore IPO proceeds earmarked for 1.2 GW Karnataka solar cell plant still undeployed
Solarworld Energy Solutions Limited filed its CRISIL Ratings Monitoring Agency Report for Q4 FY26, revealing that Rs. 411.68 crore of IPO proceeds earmarked for investment in subsidiary Kartik Solarworld Private Limited (KSPL) to establish a 1.2 GW solar PV TopCon cell manufacturing facility at Pandhurana, Madhya Pradesh remain unutilised. Only Rs. 23.01 crore was deployed towards issue expenses; total IPO and Pre-IPO proceeds raised were Rs. 550 crore. Remaining Rs. 425.33 crore sits in fixed deposits across HDFC, Yes Bank, and Axis Bank at 5.85–6.90% interest.
8Hitachi Energy India confirms no deviation in QIP fund usage; Rs. 469.66 crore deployed from Rs. 2,476 crore net proceeds
Hitachi Energy India Limited confirmed zero deviation in the use of funds raised through its Qualified Institutional Placement of March 2025 (gross Rs. 2,520.82 crore). The Audit Committee reviewed the Q4 FY26 statement on May 11, 2026. Of Rs. 1,513.28 crore allocated for capital expenditure, Rs. 469.66 crore has been utilised so far - related to capacity increase, equipment addition, and civil works. No utilisation occurred from the Rs. 350 crore working capital allocation or Rs. 613.01 crore general corporate purpose allocation during the quarter.
8GE Power India updates KMP contact details: Puneet Bhatla designated Managing Director from May 14
GE Power India Limited notified BSE and NSE of a change in Key Managerial Personnel (KMP) contact details with effect from May 14, 2026. Puneet Bhatla has been designated as Managing Director (DIN: 09536236) and authorised KMP for determining materiality of events. The company's corporate office is at Axis House, Jaypee Wishtown, Sector 128, Noida, Uttar Pradesh. The change reflects continued leadership reorganisation at one of India's significant power equipment manufacturers and EPC service providers in the thermal and steam power segment.
DIVIDEND & BOARD DECISIONS
8PFC board to meet May 16 to discuss merger with REC; Rs. 1.6 trillion giant in the making
Power Finance Corporation Limited, a Government of India Undertaking, notified stock exchanges that its Board of Directors is scheduled to meet on May 16, 2026 to consider and discuss the proposed merger of PFC and REC Limited in accordance with the company's Articles of Association. The merger of these two Maharatna PSUs - PFC with assets of over Rs. 9 lakh crore and REC with over Rs. 5.9 lakh crore - would create one of India's largest financial institutions. REC Limited filed a separate but complementary Board meeting intimation for the same date.
8REC Limited also calls board meeting for May 16 to deliberate on PFC-REC merger; twin PSU mega-merger on track
REC Limited, a Maharatna Government of India Enterprise and the country's premier infrastructure financing company for the power sector, filed a board meeting intimation under SEBI LODR Regulation 29 for May 16, 2026. The meeting, parallel to PFC's board meeting called the same day, further confirms active deliberations on the proposed merger of Power Finance Corporation and REC Limited. Combined, these two PSUs would manage a loan book exceeding Rs. 15 lakh crore, creating one of India's largest financial institutions focused on the power sector.
8Suzlon Energy allots 1,95,000 equity shares under ESOP 2022; paid-up capital now Rs. 2,743 crore
Suzlon Energy Limited allotted 1,95,000 fully paid-up equity shares of face value Rs. 2 each to eligible employees under Employee Stock Option Plan 2022, via a circular resolution passed by its Securities Issue Committee on May 13, 2026. Of these, 1,20,000 shares under Grant 1 (May 2023) were exercised at Rs. 5 each, and 75,000 shares under Grant 2 (May 2024) at Rs. 30 each, together realising Rs. 28.50 lakh. Post-allotment, the company's paid-up capital stands at Rs. 2,743.10 crore divided into 1,371.55 crore equity shares.
8S&S Power Switchgear schedules board meeting for May 22 to approve FY26 audited results; trading window closes till May 24
S&S Power Switchgear Limited intimated BSE and NSE that its Board of Directors is scheduled to meet on Friday, May 22, 2026 to consider and approve the Audited Standalone and Consolidated Financial Results for FY ended March 31, 2026. In accordance with its Code of Conduct for Prevention of Insider Trading, the trading window for designated persons remains closed from April 1, 2026 and will reopen on May 24, 2026 - 48 hours after the declaration of results. The switchgear maker serves the Indian electrical equipment ecosystem.
8Adani Enterprises rights issue committee meets May 13; board deliberates capital raise for flagship conglomerate
Adani Enterprises Limited notified stock exchanges that its Rights Issue Committee of the Board of Directors met on May 13, 2026. The outcome relates to the company's ongoing capital raise through a rights issue. Adani Enterprises, the flagship of the Adani Group, operates across energy, infrastructure, airports, defence, and data centres, and is currently pursuing accelerated investment plans across its diversified business verticals. The rights issue is part of the group's broader funding strategy to support its capital expenditure pipeline across power, ports, and renewables businesses.
EARNINGS CALL & ANALYST MEET
8NHPC to host Q4 FY26 results conference call on May 18 at 3:30 PM IST; global dial-in numbers available
NHPC Limited announced a conference call on Monday, May 18, 2026 at 3:30 PM IST to discuss the company's Q4 and full year FY 2025-26 financial results. Senior management will interact with analysts and institutional investors. International dial-in numbers are available for the US (+1 866 746 2133), UK (+44 808 101 1573), Singapore (800 101 2045), Hong Kong (800 964 448), and Australia (0080014243444). NHPC is India's premier hydropower company with an installed capacity of over 7,000 MW and is a Mini Ratna Category-I CPSE.
8Jindal Steel Limited schedules one-on-one analyst meet with Pinebridge Investments in Gurgaon on May 18
Jindal Steel Limited (formerly Jindal Steel & Power Limited), listed on NSE and BSE, notified stock exchanges of an upcoming analyst meeting on Monday, May 18, 2026, with Pinebridge Investments at Gurgaon. The intimation was filed under Regulation 30 of SEBI LODR Regulations, 2015. The schedule is subject to changes due to exigencies from any party. The interaction reflects continued institutional investor engagement with the steel-and-power major as it pursues its diversification across captive coal mining, thermal generation, and steel manufacturing operations.
8Torrent Power posts Q4 FY26 earnings call audio recording on company website; analysts briefed
Torrent Power Limited informed stock exchanges that the audio recording of its analyst/investor earnings conference call for Q4 and FY 2025-26 results, held on May 13, 2026, has been uploaded on the company's website. A transcript will be submitted in due course, as per Regulation 30 of SEBI LODR Regulations. Torrent Power is one of India's leading private sector power utilities operating distribution, generation, and renewable energy businesses across Gujarat, Maharashtra, Uttar Pradesh, and other states with a growing renewable portfolio.
8KP Green Engineering posts FY26 earnings conference call recording online; half-year results discussed with analysts May 13
KP Green Engineering Limited informed stock exchanges that the audio recording of its analyst/investor earnings conference call held on May 13, 2026 at 11:00 AM IST - covering audited financial results for the half year and year ended March 31, 2026 - has been uploaded on its website. The transcript will be submitted in due course under SEBI LODR Regulations. KP Green Engineering operates in the green and renewable energy infrastructure space and continues investor outreach following its results announcement.
CREDIT RATING & ANALYST REPORT
8CareEdge assigns CARE A-; Stable rating to Hero Future Energies' 125.8 MW hybrid RE restricted group; combined debt Rs. 630+ crore
CareEdge Ratings assigned CARE A-; Stable ratings to the long-term bank facilities of Clean Renewable Energy KK's Hero Restricted Group (RG) - five SPVs (1A through 1E) - under a combined approach. The group operates a total hybrid capacity of 125.8 MW AC (99.4 MW solar, 26.4 MW wind) in Karnataka, backed by Hero Future Energies which has 2.3 GW of commissioned capacity and 6 GW under construction. Long-term PPAs covering 90% of capacity are in place with C&I counterparties. Total rated facilities: 1A Rs. 143.26 crore, 1B Rs. 143.26 crore, 1C Rs. 143.26 crore, 1D Rs. 143.26 crore, 1E Rs. 56.96 crore.
8ICRA keeps Viyyat Power Private Limited's ICRA B+(Stable) rating under Issuer Non-Cooperating category
ICRA Limited retained Viyyat Power Private Limited's long-term fund-based cash credit rating of ICRA B+(Stable) under the Issuer Non-Cooperating category as of May 13, 2026. The company's rated amount stands at Rs. 0.50 crore. The Issuer Not Cooperating designation indicates that ICRA has not received adequate information from Viyyat Power to conduct a proper review, raising credit monitoring concerns. The rating continues to reflect limited financial visibility for the small-ticket borrower in the power sector ecosystem. Details
Daily forward looking import matrices
May 14:
It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
Click on Reports for more. Details
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
Click on Reports for more. Details
Download tenders and news clips
May 14:
For reference purposes the website carries here the following tenders:
8Tender for work of refurbishment of various spares of CW pump Details
8Tender for work of attending boiler tube leakage Details
8Tender for supply, installation, testing and commissioning of the aviation obstruction lighting of plant chimney and cooling tower-1 Details
8Tender for renovation and maintenance work of 33/11 kV S/S Details
8Tender for one time renovation by repair, maintenance and painting work Details
8Tender for work contract for painting of main steel structure Details
8Tender for civil works to prevent the 33 kV S/Stn Details
8Tender for Re-construction of and other allied civil works to prevent the 33 kV S/Stn Details
8Tender for creation of 2No. 220kV bays at 220kV sub-station Details
8Design, supply, erection, testing & commissioning of 5 meter height lighting poles Details
8Tender for chemical treatment and rehabilitation works to arrest water ingress in ash storage silos Details
8Tender for running civil maintenance works Details
8Tender for routine, preventive and breakdown maintenance work of various TG auxiliaries installed Details
8Tender for supply, erection & commissioning of 11 kV lines with MVCC conductor & dismantling of existing open conductor Details
8Tender for repair & HP HVOP coating of 01 no runner of 77 MW francis hydro turbine Details
8Tender for lining work by steel ribs and reinforced cement concrete Details
8Tender for construction of 05 no. bunkers Details
8Tender for repair work of power station surge shaft and switchyard Details
8Design, supply, installation, retrofitting, testing and commissioning of 220kV bus bar protection scheme Details
8Tender for procurement of cold end sector plate Details
8Tender for engagement of a third-party agency for conducting protection system Details
8Tender for construction of 33 kV S/S Details
8Tender for supply of TC fuse wire Details
8Tender for erection and laying of 33 kV 300 sqmm cable Details
8Tender for supply of 11kV 45KN porcelain disc insulators Details
8Tender for supply, erection, testing & commissioning of 33/0.4 kV, 800KVA, LT station transformer Details
8Tender for repair, service of defective electronic modules of MAXDNA system, omega modules Details
8Tender for capital/ overhauling maintenance work of unit-II Details
8Tender for supply and complete replacement work of collecting electrodes and emitting electrodes Details
8Tender for supply, installation and commissioning of auto CAD -including specialized tool sets Details
8for supply and delivery of surge arrestors Details
8Design, fabrication, supply, installation, testing and commissioning of total 46 KWP capacities solar power plants Details
8Design, fabrication, supply, installation, testing and commissioning of total 222 KW capacities solar power plants Details
8Tender for interlinking 11kV line Details
8Tender for creation of 1 No 33kV line bay at 132 kV sub station Details
8Tender for desilting with dredger of raw water reservoir Details
8Tender for construction of coal Details
8Tender for housekeeping contract for weighbridge Details
8Tender for contract for repair of BFP cartridge of 500 MW units Details
8Tender for procurement of AI-powered safety Details
8Tender for construction of basic amenities Details
8Tender for work for preventive, schedule and breakdown maintenance work of 132/33kV grid sub-station Details
8Tender for work for carrying out routine monthly patrolling, preventing/breakdown/ shutdown maintenance work of transmission lines Kamdara Details
8Tender for work for carrying out routine monthly patrolling, preventing/breakdown/ shutdown maintenance work of transmission lines Burmu Details
8Tender for work for carrying out routine monthly patrolling, preventing/breakdown/ shutdown maintenance work of transmission lines Lohardaga Details
8Tender for work for annual maintenance of 220/132kV grid sub-station, Lohardaga Details
8Tender for supply of ISI marked 11 kV XLPE UG cable 300sqmm Details
8Tender for supply of ISI marked 33 kV XLPE UG cable 400sqmm Details
8Tender for supply of BIS certified energy efficiency level 3 Details
8Tender for supply of BIS certified energy efficiency level 3 (old)/ level 2 (new), conventional 11/0.433kV, 200 KVA, distribution transformers Details
8Tender for supply of ACSR panther conductor Details
8Tender for supply, erection, testing and commissioning of controlled switching device Details
8Tender for procurement of complete assembly of rotary ash conditioner/rotary drum installed Details
8Tender for extension of 33 kV s/stn Details
8Tender for construction of anti flood wall at 33 kV s/stn Details
8Tender for construction of anti-flood wall and water collection tanks to tackle water logging at 33 kV s/stn. Details
8Tender for extension of switch house Details
8Tender for routine / schedule / preventive / breakdown / overhauling of air compressors Details
8Tender for supply of skirt sealing system for coal handling plant Details
8Tender for miscellaneous civil works Details
8Tender for supply, retrofitting, testing and commissioning of distance protection relay Details
8Tender for standardisation works Details
8Tender for interlinking 11kV feeders Details
8Tender for replacing of wire ropes and overhauling of hoist mechanisms. Details
8Tender for Re-routing puthedu branch of 11kV feeder Details
8Tender for extension of 33kV bay and associated works for power evacuation Details
8Tender for extension and maintenance of control at 33kV substation Details
8Tender for trans grid downstream work bay extension of 110 kV substation Details
8Tender for constructing new 11kV feeder using ABC Details
8Tender for replacement of weasel conductor Details
8Tender for overhauling of 6.6 kV HT motors Details
8Tender for overhauling of boiler pressure parts Details
8Tender for procurement of steel materials and fasteners for pressure and non-pressure parts Details
8Tender for procurement of spares for 10E10 coal mill Details
8Tender for procurement of 600 MT sulphuric acid Details
8Tender for procurement of self-lubricating guide vane bushes Details
8Tender for construction of 33kV line Details
8Tender for annual maintenance work of 33 kV/11 kV /LT lines, 11/0.4 kV sub stations Details
8Tender for temporary work of erection and dismantling 11 kV, LT line, street light Details
8Tender for execution of cable laying work for connecting 33 kV line Details
8Tender for execution work related to installation of MCCB and ACB in the transformers installed Details
8Tender for replacement of ACSR weasel conductor by LT AB cable Details
8Tender for construction of line on new 33 kV AAAC covered conductor at 33/11 kV S/s Details
8Tender for replacement work of 11 kV ACSR conductor by A.A.A.C AL 59, 99 Sq.mm conductor Details
8Tender for replacement work of 11 kV ACSR conductor Details
8Tender for replacement work of 11 kV ACSR conductor by A.A.A.C AL 59, 99 Sq.mm conductor Details
8Tender for supply of 11kV moving contact 200A Details
8Tender for supply of aluminium lug and line connector 120 Sq.mm and 240 Sq.mm Details
8Tender for supply of G.I.stem bolt 12.5mm x 155 mm and G.I.stem bolt Details
8Tender for outsourcing the operation and routine maintenance, break down maintenance of scrapper feeders Details
8Tender for works contract for day to day preventive and breakdown maintenance including emergency breakdowns at night in 400kV, 230kV and 110kV lines Details
8Tender for strengthening of the bunds & segregation of LAD-removal of accumulated ash Details
8Tender for attending breakdown maintenance works in ash slurry line Details
8Tender for supply of TC fuse wire 14 SWG, 16 SWG, 18 SWG and 32 SWG Details
8Tender for work of supply & installation of advance multi cable transit system by passive fire screen for cable entries at various Details
8Tender for work of annual maintenance contract work of attending oil leakages through various joints of EHV power T/Fs & ICTs Details
8Tender for Bi-ARC for work of attending UG cable fault for 66kV class XLPE cable Details
8Tender for repair, maintenance, and installation of plant/ systems/equipments Details
8Tender for shifting of existing capacitor bank Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Minister calls for coal sector support during global energy challenges Details
8Indian car parts maker Sona Comstar buys clean power from Cleantech Solar Details
8IndiGrid commissions 180 MW Gujarat battery storage project Details
8Ceigall India Wins 50 MW Battery Storage Project In Punjab Under PSPCL Bid Details
8CERC Proposes Faster Real-Time Power Market To Support India’s Renewable Energy Growth Details
8Renewable energy central to India’s industrial competitiveness: Pralhad Joshi Details
8Heatwaves, rooftop solar and data centres force rethink of India’s power sector planning Details
8India's Power Grid Faces Volatility from Heat, DRE, Data Centers Details
8Citi Sees India's Power Demand Rising 5%-6% Annually Amid Energy Buildout Details
8CERC Proposes Capacity Market Framework To Strengthen India’s Power Sector Reliability Details
8Fitch Ratings Projects Up To 5% Growth In India’s Power Demand Details
8Tata Power Explores Nuclear Energy Expansion With State Governments Details
8IAS 2024 Batch Trainees Visit REC Limited to Understand India’s Energy Financing and Power Sector Initiatives Details
8India's $700Bn Power Shift: Heat, Renewables Drive Grid Volatility Details
8Atoms for net-zero: A 100 GW bet on India’s nuclear expansion Details
8iBluu Perspective: India's Renewable Power Giants Are Entering a New Infrastructure War for Grid Control, Storage Dominance, and Industrial Energy Leadership Details
8India's Grid Strain: Heat, Data Centers, Renewables Drive Demand Surge Details
8India’s Renewable Energy Deals Hit $2 Billion as Clean Power Transition Accelerates Details
8MoS Jitendra Singh says SHANTI Act rules to be rolled out in coming weeks, months Details
8India’s nuclear energy ambitions hit execution roadblocks: Report Details
8India’s steel sector is cleaning up, but green standards remain murky Details
8Sensex at 89,000 by June 2027 Morgan Stanley picks 7 stocks to ride India’s next capex cycle Details
8India’s nuclear push faces execution bottleneck despite 100 GW investment interest: Report Details
8India’s Rs 37,500 Crore Coal Gasification Bet Signals A New Energy Security Push Details
8DVC Appoints Saurabh Sharma As Executive Director (HR) Details
You can also click on Newsclips for more Details
8Tender for work of refurbishment of various spares of CW pump Details
8Tender for work of attending boiler tube leakage Details
8Tender for supply, installation, testing and commissioning of the aviation obstruction lighting of plant chimney and cooling tower-1 Details
8Tender for renovation and maintenance work of 33/11 kV S/S Details
8Tender for one time renovation by repair, maintenance and painting work Details
8Tender for work contract for painting of main steel structure Details
8Tender for civil works to prevent the 33 kV S/Stn Details
8Tender for Re-construction of and other allied civil works to prevent the 33 kV S/Stn Details
8Tender for creation of 2No. 220kV bays at 220kV sub-station Details
8Design, supply, erection, testing & commissioning of 5 meter height lighting poles Details
8Tender for chemical treatment and rehabilitation works to arrest water ingress in ash storage silos Details
8Tender for running civil maintenance works Details
8Tender for routine, preventive and breakdown maintenance work of various TG auxiliaries installed Details
8Tender for supply, erection & commissioning of 11 kV lines with MVCC conductor & dismantling of existing open conductor Details
8Tender for repair & HP HVOP coating of 01 no runner of 77 MW francis hydro turbine Details
8Tender for lining work by steel ribs and reinforced cement concrete Details
8Tender for construction of 05 no. bunkers Details
8Tender for repair work of power station surge shaft and switchyard Details
8Design, supply, installation, retrofitting, testing and commissioning of 220kV bus bar protection scheme Details
8Tender for procurement of cold end sector plate Details
8Tender for engagement of a third-party agency for conducting protection system Details
8Tender for construction of 33 kV S/S Details
8Tender for supply of TC fuse wire Details
8Tender for erection and laying of 33 kV 300 sqmm cable Details
8Tender for supply of 11kV 45KN porcelain disc insulators Details
8Tender for supply, erection, testing & commissioning of 33/0.4 kV, 800KVA, LT station transformer Details
8Tender for repair, service of defective electronic modules of MAXDNA system, omega modules Details
8Tender for capital/ overhauling maintenance work of unit-II Details
8Tender for supply and complete replacement work of collecting electrodes and emitting electrodes Details
8Tender for supply, installation and commissioning of auto CAD -including specialized tool sets Details
8for supply and delivery of surge arrestors Details
8Design, fabrication, supply, installation, testing and commissioning of total 46 KWP capacities solar power plants Details
8Design, fabrication, supply, installation, testing and commissioning of total 222 KW capacities solar power plants Details
8Tender for interlinking 11kV line Details
8Tender for creation of 1 No 33kV line bay at 132 kV sub station Details
8Tender for desilting with dredger of raw water reservoir Details
8Tender for construction of coal Details
8Tender for housekeeping contract for weighbridge Details
8Tender for contract for repair of BFP cartridge of 500 MW units Details
8Tender for procurement of AI-powered safety Details
8Tender for construction of basic amenities Details
8Tender for work for preventive, schedule and breakdown maintenance work of 132/33kV grid sub-station Details
8Tender for work for carrying out routine monthly patrolling, preventing/breakdown/ shutdown maintenance work of transmission lines Kamdara Details
8Tender for work for carrying out routine monthly patrolling, preventing/breakdown/ shutdown maintenance work of transmission lines Burmu Details
8Tender for work for carrying out routine monthly patrolling, preventing/breakdown/ shutdown maintenance work of transmission lines Lohardaga Details
8Tender for work for annual maintenance of 220/132kV grid sub-station, Lohardaga Details
8Tender for supply of ISI marked 11 kV XLPE UG cable 300sqmm Details
8Tender for supply of ISI marked 33 kV XLPE UG cable 400sqmm Details
8Tender for supply of BIS certified energy efficiency level 3 Details
8Tender for supply of BIS certified energy efficiency level 3 (old)/ level 2 (new), conventional 11/0.433kV, 200 KVA, distribution transformers Details
8Tender for supply of ACSR panther conductor Details
8Tender for supply, erection, testing and commissioning of controlled switching device Details
8Tender for procurement of complete assembly of rotary ash conditioner/rotary drum installed Details
8Tender for extension of 33 kV s/stn Details
8Tender for construction of anti flood wall at 33 kV s/stn Details
8Tender for construction of anti-flood wall and water collection tanks to tackle water logging at 33 kV s/stn. Details
8Tender for extension of switch house Details
8Tender for routine / schedule / preventive / breakdown / overhauling of air compressors Details
8Tender for supply of skirt sealing system for coal handling plant Details
8Tender for miscellaneous civil works Details
8Tender for supply, retrofitting, testing and commissioning of distance protection relay Details
8Tender for standardisation works Details
8Tender for interlinking 11kV feeders Details
8Tender for replacing of wire ropes and overhauling of hoist mechanisms. Details
8Tender for Re-routing puthedu branch of 11kV feeder Details
8Tender for extension of 33kV bay and associated works for power evacuation Details
8Tender for extension and maintenance of control at 33kV substation Details
8Tender for trans grid downstream work bay extension of 110 kV substation Details
8Tender for constructing new 11kV feeder using ABC Details
8Tender for replacement of weasel conductor Details
8Tender for overhauling of 6.6 kV HT motors Details
8Tender for overhauling of boiler pressure parts Details
8Tender for procurement of steel materials and fasteners for pressure and non-pressure parts Details
8Tender for procurement of spares for 10E10 coal mill Details
8Tender for procurement of 600 MT sulphuric acid Details
8Tender for procurement of self-lubricating guide vane bushes Details
8Tender for construction of 33kV line Details
8Tender for annual maintenance work of 33 kV/11 kV /LT lines, 11/0.4 kV sub stations Details
8Tender for temporary work of erection and dismantling 11 kV, LT line, street light Details
8Tender for execution of cable laying work for connecting 33 kV line Details
8Tender for execution work related to installation of MCCB and ACB in the transformers installed Details
8Tender for replacement of ACSR weasel conductor by LT AB cable Details
8Tender for construction of line on new 33 kV AAAC covered conductor at 33/11 kV S/s Details
8Tender for replacement work of 11 kV ACSR conductor by A.A.A.C AL 59, 99 Sq.mm conductor Details
8Tender for replacement work of 11 kV ACSR conductor Details
8Tender for replacement work of 11 kV ACSR conductor by A.A.A.C AL 59, 99 Sq.mm conductor Details
8Tender for supply of 11kV moving contact 200A Details
8Tender for supply of aluminium lug and line connector 120 Sq.mm and 240 Sq.mm Details
8Tender for supply of G.I.stem bolt 12.5mm x 155 mm and G.I.stem bolt Details
8Tender for outsourcing the operation and routine maintenance, break down maintenance of scrapper feeders Details
8Tender for works contract for day to day preventive and breakdown maintenance including emergency breakdowns at night in 400kV, 230kV and 110kV lines Details
8Tender for strengthening of the bunds & segregation of LAD-removal of accumulated ash Details
8Tender for attending breakdown maintenance works in ash slurry line Details
8Tender for supply of TC fuse wire 14 SWG, 16 SWG, 18 SWG and 32 SWG Details
8Tender for work of supply & installation of advance multi cable transit system by passive fire screen for cable entries at various Details
8Tender for work of annual maintenance contract work of attending oil leakages through various joints of EHV power T/Fs & ICTs Details
8Tender for Bi-ARC for work of attending UG cable fault for 66kV class XLPE cable Details
8Tender for repair, maintenance, and installation of plant/ systems/equipments Details
8Tender for shifting of existing capacitor bank Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Minister calls for coal sector support during global energy challenges Details
8Indian car parts maker Sona Comstar buys clean power from Cleantech Solar Details
8IndiGrid commissions 180 MW Gujarat battery storage project Details
8Ceigall India Wins 50 MW Battery Storage Project In Punjab Under PSPCL Bid Details
8CERC Proposes Faster Real-Time Power Market To Support India’s Renewable Energy Growth Details
8Renewable energy central to India’s industrial competitiveness: Pralhad Joshi Details
8Heatwaves, rooftop solar and data centres force rethink of India’s power sector planning Details
8India's Power Grid Faces Volatility from Heat, DRE, Data Centers Details
8Citi Sees India's Power Demand Rising 5%-6% Annually Amid Energy Buildout Details
8CERC Proposes Capacity Market Framework To Strengthen India’s Power Sector Reliability Details
8Fitch Ratings Projects Up To 5% Growth In India’s Power Demand Details
8Tata Power Explores Nuclear Energy Expansion With State Governments Details
8IAS 2024 Batch Trainees Visit REC Limited to Understand India’s Energy Financing and Power Sector Initiatives Details
8India's $700Bn Power Shift: Heat, Renewables Drive Grid Volatility Details
8Atoms for net-zero: A 100 GW bet on India’s nuclear expansion Details
8iBluu Perspective: India's Renewable Power Giants Are Entering a New Infrastructure War for Grid Control, Storage Dominance, and Industrial Energy Leadership Details
8India's Grid Strain: Heat, Data Centers, Renewables Drive Demand Surge Details
8India’s Renewable Energy Deals Hit $2 Billion as Clean Power Transition Accelerates Details
8MoS Jitendra Singh says SHANTI Act rules to be rolled out in coming weeks, months Details
8India’s nuclear energy ambitions hit execution roadblocks: Report Details
8India’s steel sector is cleaning up, but green standards remain murky Details
8Sensex at 89,000 by June 2027 Morgan Stanley picks 7 stocks to ride India’s next capex cycle Details
8India’s nuclear push faces execution bottleneck despite 100 GW investment interest: Report Details
8India’s Rs 37,500 Crore Coal Gasification Bet Signals A New Energy Security Push Details
8DVC Appoints Saurabh Sharma As Executive Director (HR) Details
You can also click on Newsclips for more Details
Single-bid outcome seals Rs 18,247.58 crore integrated captive coal mining package
May 13:
8A state-sector utility has pushed ahead with a massive integrated coal block operations contract despite attracting only one bidder for the package.
8The structure tightly links mine development with long-term fuel supply accountability, raising fresh questions around risk concentration and competitive depth in utility-led mining tenders. Details
8The structure tightly links mine development with long-term fuel supply accountability, raising fresh questions around risk concentration and competitive depth in utility-led mining tenders. Details
Contracting news for the day
May 13:
8Farakka package signals unusual structural-risk shift under relaxed institutional contracting model
A major Farakka-linked package has quietly diluted several procurement safeguards normally considered standard in PSU contracting frameworks. Beneath the narrow technical scope lies a broader story tied to ageing ash corridor infrastructure and the evolving role of institutional engineering partnerships.
8Rs 112 crore transformer logistics package signals deeper outsourcing shift in Rajasthan distribution operations
A major transformer movement contract in Rajasthan may appear routine operationally, but the package structure points to a much broader shift in field logistics control and outsourced grid-support dependency. A quiet one-week extension has triggered fresh questions around bidder readiness, execution economics and fleet concentration exposure.
8Rs 108 crore AAAC conductor tender sees repeated extensions amid commodity-risk and qualification tensions
A major state utility’s AAAC conductor procurement has evolved into a broader contest over raw-material exposure, qualification control and vendor-risk filtering. Multiple bid extensions alongside revised pre-bid clarifications point to growing friction between supplier-side economics and utility procurement discipline.
8Consultancy tender tightens entry filters under QCBS-led selection structure
A new consultancy package has quietly reworked how project management, DPR preparation and engineering-design accountability may be allocated in future public-sector assignments. The bigger signal lies not in the modest contract value, but in the tighter qualification architecture, regional participation restrictions and unusually long bidder exposure window.
8Consultancy package tightens accountability architecture in public-sector engineering screening
A new education infrastructure consultancy package has quietly introduced a behavioural-risk layer into a procurement structure already carrying extended technical liability exposure. The tender goes beyond drawings and supervision, attempting to lock manpower credibility, dispute history and downstream accountability into a single selection framework.
8Transmission consultancy tender tightens qualification filters under milestone-linked oversight model
A new transmission consultancy package has quietly raised the entry threshold for engineering consultants while strengthening oversight architecture around a strategic AIS-linked project. The compliance-heavy structure and milestone-based supervision model point to a broader shift in how utilities are attempting to control execution risk and consultant accountability.
8GeM consultancy tender tightens qualification filters as procurement focus shifts beyond pure pricing
A new consultancy procurement has quietly redefined how technical credibility may outweigh aggressive pricing in future advisory assignments. The structure narrows bidder access while easing some of the pressure mechanisms commonly associated with digital procurement platforms. Details
A major Farakka-linked package has quietly diluted several procurement safeguards normally considered standard in PSU contracting frameworks. Beneath the narrow technical scope lies a broader story tied to ageing ash corridor infrastructure and the evolving role of institutional engineering partnerships.
8Rs 112 crore transformer logistics package signals deeper outsourcing shift in Rajasthan distribution operations
A major transformer movement contract in Rajasthan may appear routine operationally, but the package structure points to a much broader shift in field logistics control and outsourced grid-support dependency. A quiet one-week extension has triggered fresh questions around bidder readiness, execution economics and fleet concentration exposure.
8Rs 108 crore AAAC conductor tender sees repeated extensions amid commodity-risk and qualification tensions
A major state utility’s AAAC conductor procurement has evolved into a broader contest over raw-material exposure, qualification control and vendor-risk filtering. Multiple bid extensions alongside revised pre-bid clarifications point to growing friction between supplier-side economics and utility procurement discipline.
8Consultancy tender tightens entry filters under QCBS-led selection structure
A new consultancy package has quietly reworked how project management, DPR preparation and engineering-design accountability may be allocated in future public-sector assignments. The bigger signal lies not in the modest contract value, but in the tighter qualification architecture, regional participation restrictions and unusually long bidder exposure window.
8Consultancy package tightens accountability architecture in public-sector engineering screening
A new education infrastructure consultancy package has quietly introduced a behavioural-risk layer into a procurement structure already carrying extended technical liability exposure. The tender goes beyond drawings and supervision, attempting to lock manpower credibility, dispute history and downstream accountability into a single selection framework.
8Transmission consultancy tender tightens qualification filters under milestone-linked oversight model
A new transmission consultancy package has quietly raised the entry threshold for engineering consultants while strengthening oversight architecture around a strategic AIS-linked project. The compliance-heavy structure and milestone-based supervision model point to a broader shift in how utilities are attempting to control execution risk and consultant accountability.
8GeM consultancy tender tightens qualification filters as procurement focus shifts beyond pure pricing
A new consultancy procurement has quietly redefined how technical credibility may outweigh aggressive pricing in future advisory assignments. The structure narrows bidder access while easing some of the pressure mechanisms commonly associated with digital procurement platforms. Details
Daily forward looking import matrices
May 13:
It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
Click on Reports for more. Details
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
Click on Reports for more. Details
NEWS UPDATE: COAL, FUEL & ENERGY COMMODITIES
May 13:
COAL PRODUCTION & OFFTAKE
8CSPGCL Hasdeo Thermal Station reports Rs. 74.83 crore net coal cost for February 2026 on 0.404 MMT supply
Chhattisgarh State Power Generation Company Limited's (CSPGCL) Hasdeo Thermal Power Station submitted Fuel Cost Adjustment (FCA) data for February 2026, reporting a net coal cost of Rs. 74.83 crore on a supply of 0.404941637 MMT from the coal company. After accounting for a debit note of Rs. 8.60 crore and normative transit losses of 0.20%, net coal supplied stood at 0.404131754 MMT. The FCA filing is part of CSPGCL's regulatory cost pass-through mechanism to recover actual fuel costs from the state distribution company.
8DVC achieves record 6 MMT coal excavation from Tubed captive mine; secures 53 MMT fresh mine capacity
Damodar Valley Corporation (DVC) achieved a record coal excavation of 6 MMT from its captive mine at Tubed, Latehar, Jharkhand in FY 2025-26. The corporation also secured new coal mines with cumulative capacity of 53 MMT, including Mahuagarhi and Mandakini-B. Total power generation for the year stood at 40,103 MU comprising 39,719 MU thermal, 351 MU hydel and a record 33.3 MU solar. The captive mining ramp-up significantly de-risks DVC's coal supply chain ahead of expanded thermal dispatch in the eastern grid.
8GUVNL issues Q4 FY26 FPPAS circular to all Gujarat DISCOMs; provisional power purchase cost data shared
Gujarat Urja Vikas Nigam Limited (GUVNL) issued a circular to managing directors of all four Gujarat DISCOMs - MGVCL, DGVCL, PGVCL and UGVCL - sharing the Q4 (January-March) FY 2025-26 fuel and power purchase cost adjustment statement (FPPAS). The provisional quarterly data covers approved MUs, actual sales, power purchase costs and DISCOM-wise financial performance, including actual variable charges. The FPPAS mechanism enables Gujarat's utilities to periodically adjust retail tariffs in line with actual procurement costs, a key pass-through driver.
GAS & LNG
8Coal fleet at 80% utilisation, gas sputters at 29%: CEA's May 11 data reveals fuel paradox
Central Electricity Authority's Sub-Report 16 for May 11, 2026 showed India's 221,897 MW coal fleet operating at 80.14% of monitored capacity - with a max output of 195,416 MW net - while gas-based capacity of 20,122 MW achieved only 29.08% utilisation amid fuel shortages. Lignite plants ran at 61.86% efficiency and nuclear units operated at 79.28% of monitored capacity. Total thermal capacity utilisation stood at 75.38%, underscoring India's coal dependency even as renewable additions climb across the grid landscape. Details
8CSPGCL Hasdeo Thermal Station reports Rs. 74.83 crore net coal cost for February 2026 on 0.404 MMT supply
Chhattisgarh State Power Generation Company Limited's (CSPGCL) Hasdeo Thermal Power Station submitted Fuel Cost Adjustment (FCA) data for February 2026, reporting a net coal cost of Rs. 74.83 crore on a supply of 0.404941637 MMT from the coal company. After accounting for a debit note of Rs. 8.60 crore and normative transit losses of 0.20%, net coal supplied stood at 0.404131754 MMT. The FCA filing is part of CSPGCL's regulatory cost pass-through mechanism to recover actual fuel costs from the state distribution company.
8DVC achieves record 6 MMT coal excavation from Tubed captive mine; secures 53 MMT fresh mine capacity
Damodar Valley Corporation (DVC) achieved a record coal excavation of 6 MMT from its captive mine at Tubed, Latehar, Jharkhand in FY 2025-26. The corporation also secured new coal mines with cumulative capacity of 53 MMT, including Mahuagarhi and Mandakini-B. Total power generation for the year stood at 40,103 MU comprising 39,719 MU thermal, 351 MU hydel and a record 33.3 MU solar. The captive mining ramp-up significantly de-risks DVC's coal supply chain ahead of expanded thermal dispatch in the eastern grid.
8GUVNL issues Q4 FY26 FPPAS circular to all Gujarat DISCOMs; provisional power purchase cost data shared
Gujarat Urja Vikas Nigam Limited (GUVNL) issued a circular to managing directors of all four Gujarat DISCOMs - MGVCL, DGVCL, PGVCL and UGVCL - sharing the Q4 (January-March) FY 2025-26 fuel and power purchase cost adjustment statement (FPPAS). The provisional quarterly data covers approved MUs, actual sales, power purchase costs and DISCOM-wise financial performance, including actual variable charges. The FPPAS mechanism enables Gujarat's utilities to periodically adjust retail tariffs in line with actual procurement costs, a key pass-through driver.
GAS & LNG
8Coal fleet at 80% utilisation, gas sputters at 29%: CEA's May 11 data reveals fuel paradox
Central Electricity Authority's Sub-Report 16 for May 11, 2026 showed India's 221,897 MW coal fleet operating at 80.14% of monitored capacity - with a max output of 195,416 MW net - while gas-based capacity of 20,122 MW achieved only 29.08% utilisation amid fuel shortages. Lignite plants ran at 61.86% efficiency and nuclear units operated at 79.28% of monitored capacity. Total thermal capacity utilisation stood at 75.38%, underscoring India's coal dependency even as renewable additions climb across the grid landscape. Details
NEWS UPDATE: GRID OPERATIONS & POWER SUPPLY
May 13:
PEAK DEMAND & GRID FREQUENCY
8India meets 2,34,506 MW peak demand on May 12; Northern Region faces 760 MW shortage
Grid Controller of India's NLDC report for May 12, 2026 revealed all-India evening peak demand was met at 2,34,506 MW, with maximum demand during the day hitting 2,47,881 MW at 15:37 hrs. The Northern Region bore 760 MW of the total 1,185 MW peak shortfall, while the Western Region saw a 425 MW deficit. Total energy shortfall stood at 10.29 MU. Renewable generation contributed 677 MU solar (including 251.94 MU in NR), 212 MU wind and 495 MU hydro across all regions.
8India's solar and wind together cross 87,312 MW, meeting 38% of peak demand on May 11
Grid Controller of India's NLDC-REMC daily report for May 11, 2026 showed combined Variable Renewable Energy (wind plus solar) peaking at 87,312 MW at 11:56 hrs, contributing 38.09% of all-India demand met. Solar generation alone reached 81,572 MW at 11:56 hrs, while wind touched 11,159 MW during non-solar hours at 22:48 hrs. All-time highest VRE generation remains 90,189 MW set on April 27, 2026. The Northern Region led solar output with 25,860 MW, while the Western Region topped wind at 5,435 MW.
8Southern grid stays rock-solid: 81% of May 12 within IEGC band, FDI at near-perfect 0.031
The Southern Region's frequency performance on May 12, 2026 was near-ideal, with the Frequency Deviation Index (FDI) holding at just 0.031 and average frequency at 49.999 Hz - virtually indistinguishable from the 50 Hz target. The grid spent 81.04% of the day in the 49.9-50.05 Hz IEGC band, with 53.02% of time in the tighter 50-50.1 Hz range. Maximum instantaneous frequency touched 50.187 Hz at 18:03 hrs while the minimum dipped to 49.734 Hz at 22:09 hrs.
8National grid frequency stays in IEGC band 81% of May 12; FDI at near-perfect 0.031 says NLDC
Grid Controller of India's NLDC frequency profile for May 12, 2026 confirmed a high-quality grid operation day with the Frequency Deviation Index (FDI) at 0.031. The all-India grid maintained frequency within the 49.9-50.05 Hz IEGC band for 81.04% of the day (1,167 minutes), with time in the tighter 49.97-50.03 Hz band at 44.20% (636.5 minutes). Frequency breached 50.05 Hz for 12.41% of the time but never exceeded 50.2 Hz, with no instance of frequency falling below 49.7 Hz - testament to robust real-time balancing.
8Southern Region meets 56,597 MW peak demand with zero shortage; Tamil Nadu tops at 18,839 MW
The Southern Region recorded a flawless power supply day on May 12, 2026, meeting evening peak demand of 56,597 MW with zero shortfall at 50.03 Hz. Total day energy met stood at 1,368.96 MU against requirement of 1,368.96 MU - a near-perfect balance. Tamil Nadu led with a peak of 18,839 MW (day high 19,436 MW at 18:50 hrs), followed by Karnataka at 13,010 MW and Andhra Pradesh at 10,033 MW. Regional maximum demand hit 66,316 MW at 15:30 hrs. Kerala recorded a brief 38 MW shortage during peak.
REGIONAL ENERGY ACCOUNT
8WRPC puts Rs. 37.52 crore net receivable on the table as SCUC offsets heavy TRAS shortfall payouts
Western Regional Power Committee's 27 April-3 May 2026 ancillary settlement showed TRAS shortfall charges of Rs. 18.72 crore payable to the pool, emergency charges of Rs. 6.65 crore payable, and SCUC support of Rs. 62.96 crore receivable, leaving generators with a consolidated Rs. 37.52 crore net receivable. The settlement underlines how Security Constrained Unit Commitment payouts dominate the ancillary services framework for western generators, offsetting the cost of shortfall and emergency reserve activations during the billing week.
8SRPC ancillary settlement leaves southern providers with Rs. 13.41 crore payable to the pool
Southern Regional Power Committee's ancillary services account for 27 April-3 May 2026 recorded Rs. 12.55 crore payable under SRAS, Rs. 37.29 crore payable under shortfall TRAS, Rs. 3.06 crore payable under emergency TRAS, offset by Rs. 22.93 crore receivable under SCUC - producing a final Rs. 13.41 crore payable. The net outflow reflects southern providers carrying ancillary obligations in a week of mixed grid balancing requirements, with shortfall TRAS the heaviest cost component for the seven-day settlement window.
8Karnataka and Kerala drive SRPC DSM payable pressure; Telangana turns Rs. 8.83 crore receivable
Southern Regional Power Committee's DSM settlement for 27 April-3 May 2026 showed mixed deviation outcomes, with Karnataka payable at Rs. 1.75 crore, Kerala payable at Rs. 3.46 crore, Tamil Nadu payable at Rs. 1.96 crore, while Telangana posted Rs. 8.83 crore receivable and Andhra Pradesh recorded Rs. 87.71 lakh receivable. The numbers reveal asymmetric deviation discipline across southern states, with Telangana benefiting from over-injection and Kerala bearing the steepest under-drawal cost in the regional grid settlement framework.
8Sasan and Gadarwara lift WRPC reactive pool as western entities post Rs. 6.86 crore net receivable
WRPC's reactive energy account for 27 April-3 May 2026 showed a Rs. 6.86 crore net receivable across western regional entities, led by major generator-side inflows including Sasan at Rs. 4.24 crore and Gadarwara at Rs. 51.50 lakh. The settlement underscores the role of large thermal generators in supplying reactive power to maintain Western grid voltage discipline, with their compensation forming the bulk of the regional reactive pool credit for the seven-day billing period under the CERC reactive energy framework.
8SRPC reactive account closes Rs. 2.13 crore receivable as Andhra and Karnataka lead pool inflows
Southern Regional Power Committee's reactive energy statement for 27 April-3 May 2026 reported Rs. 2.38 crore receivable, Rs. 24.81 lakh payable and a final Rs. 2.13 crore net receivable, led by Andhra Pradesh at Rs. 59.54 lakh receivable and Karnataka at Rs. 27.35 lakh receivable. The numbers reflect strong reactive power injection performance by southern state utilities under the CERC framework, with the net pool credit reinforcing the role of distributed VAR support in stabilising the Southern grid voltage profile during the week.
OCC MEETINGS & OUTAGE PLANNING
8NRPC's 243rd OCC agenda flags summer 2026 grid risks as northern demand outlook touches 98.6 GW
Northern Regional Power Committee's agenda for the 15 May 2026 OCC meeting projected June 2026 northern region demand at 54,823 MU and 98,600 MW peak, while raising red flags on Punjab's 1,806 MU energy deficit, Champa-Kurukshetra HVDC trippings, Rajasthan RE evacuation, coal stocks and Kumbh Mela 2027 reliability planning. The agenda underscores the operational complexity facing NRPC as the region prepares for record summer demand alongside multiple structural grid stress points across thermal, transmission and renewable evacuation infrastructure.
8ERLDC flags Eastern Region under 7,584 MW generation outage; NTPC's North Karanpura among forced shutdowns
Eastern Region's generation outage tally on May 12, 2026 hit 7,584.65 MW, comprising 3,775 MW from Central Sector forced outages and 3,590 MW from State Sector forced outages, with 219.65 MW in planned maintenance. NTPC's North Karanpura (660 MW, boiler tube leakage since May 9), Nabinagar NTPC Stage 2 (660 MW, since May 11) and KBUNL (195 MW, since May 12) are under forced outage. All six NHPC Teesta HPS units and three Teesta Stage III units totalling 1,940 MW remain out since the October 2023 Sikkim floods.
8Western Region peaks at 74,624 MW with 425 MW shortage; Maharashtra leads at 705.9 MU
WRLDC's daily operation report for May 12, 2026 showed the Western Region meeting an evening peak of 74,624 MW against a requirement of 75,049 MW - recording a 425 MW shortfall at 50.11 Hz. Day energy met stood at 1,788.6 MU with a residual shortage of 2.84 MU. Maharashtra dominated regional generation with 476.5 MU net total, while Gujarat contributed 337.9 MU including 85.7 MU solar and 51.4 MU wind. Chhattisgarh produced 57 MU and Madhya Pradesh 119.4 MU. Off-peak demand met at 03:00 hrs was 72,017 MW with zero shortfall.
8Northern Region faces 760 MW evening peak shortage; UP draws 24,566 MW, Rajasthan peaks at 15,073 MW
NRLDC's daily operation report for May 12, 2026 recorded an evening peak demand of 71,601 MW against a requirement of 72,361 MW - a shortfall of 760 MW at 50.02 Hz. Energy shortage for the day was 6.11 MU. Uttar Pradesh led with a peak demand of 24,566 MW, while Rajasthan hit a seasonal peak of 15,073 MW at 22:00 hrs with no shortfall. Haryana peaked at 10,736 MW at 15:00 hrs and Punjab at 10,342 MW at 10:00 hrs - both zero shortage states. Delhi managed demand at 5,964 MW.
8Maharashtra breaches ATC limit 25 times on May 12 totalling 6.2 hours; other western states stay clean
WRLDC's daily system reliability indices report for May 12, 2026 revealed that Maharashtra violated Available Transfer Capability (ATC) limits in 25 time-blocks totalling 6.2 hours - a 26.0% violation rate - making it the sole state with breaches in the Western Region. Gujarat, Madhya Pradesh and Chhattisgarh all recorded zero ATC violations. Maharashtra's repeated breaches likely reflect its high evening demand load and the 425 MW regional shortfall on this day, providing WRLDC actionable inputs for real-time corrective action.
8Delhi OCC April 2026 meeting reviews FY27 grid coordination with DTL, SLDC, TPDDL, BRPL, BYPL, IPGCL
Delhi Transco Limited (DTL) convened the 1st Delhi Operation Coordination Committee (OCC) meeting of FY 2026-27 on April 23, 2026 at DTL's 220 kV Sub-Station Park Street Building, with representation from SLDC, TPDDL, BRPL, BYPL, NDMC, IPGCL, PPCL, DMRC, BBMB and MES. The meeting agenda included confirmation of the 12th OCC minutes from March 24, 2026 and FY26-27 operational coordination items. DTL's General Manager (O&M)-I chaired the session - the apex body for Delhi's grid synchronisation and load management.
TRANSMISSION LINE ENERGIZATION
8400 kV TANTRANSCO line trips for 23 minutes; Southern grid quickly restored on May 12
The Southern Regional Load Despatch Centre (SRLDC) reported two forced transmission outages on May 12, 2026. A critical 400 kV AC line - NCTPS Stage II to Manali-1 - operated by TANTRANSCO tripped at 01:42 hrs due to a cooling fan cubicle trip, and was restored in just 23 minutes by 02:05 hrs. A second 220 kV line (GADAG PSS-VENA GADAGPS-1) under VENA went out at 10:32 hrs; control supply failure during maintenance work caused the disruption, which lasted 65 minutes before restoration at 11:37 hrs.
8400 kV Ramagundam-Telangana STPP lines remain out since March 2023 in SRLDC outage register
SRLDC's planned transmission outage report for May 12, 2026 revealed that two critical 400 kV POWERGRID lines - Ramagundam to Telangana STPP circuits 1 and 2 - have been out since March 24, 2023, pending idle charge after Final Testing and Commissioning. More than 30 planned outages are currently active in the Southern Region across 400 kV and 220 kV infrastructure, involving POWERGRID, TANTRANSCO and state utilities. Several outages pertain to bus reactors and ICTs at key substations across Andhra Pradesh, Telangana, Tamil Nadu and Karnataka.
8POWERGRID's 400 kV Wardha-Warora line stays out since 2018 for ferroresonance; WRLDC tracks 30+ legacy outages
WRLDC's transmission outage report for May 12, 2026 highlighted over 30 planned outages - many with start dates stretching back to 2018 and 2021. POWERGRID's 400 kV Wardha-Warora line has been out since May 4, 2018 due to ferroresonance issues identified after LILO work at Warora PS - now one of the longest-standing outages on the national grid. Multiple bus sectionalizer bays at 400 kV and 765 kV Champa and Dharamjaygarh substations have been open since 2022 for fault level control under POWERGRID. Details
8India meets 2,34,506 MW peak demand on May 12; Northern Region faces 760 MW shortage
Grid Controller of India's NLDC report for May 12, 2026 revealed all-India evening peak demand was met at 2,34,506 MW, with maximum demand during the day hitting 2,47,881 MW at 15:37 hrs. The Northern Region bore 760 MW of the total 1,185 MW peak shortfall, while the Western Region saw a 425 MW deficit. Total energy shortfall stood at 10.29 MU. Renewable generation contributed 677 MU solar (including 251.94 MU in NR), 212 MU wind and 495 MU hydro across all regions.
8India's solar and wind together cross 87,312 MW, meeting 38% of peak demand on May 11
Grid Controller of India's NLDC-REMC daily report for May 11, 2026 showed combined Variable Renewable Energy (wind plus solar) peaking at 87,312 MW at 11:56 hrs, contributing 38.09% of all-India demand met. Solar generation alone reached 81,572 MW at 11:56 hrs, while wind touched 11,159 MW during non-solar hours at 22:48 hrs. All-time highest VRE generation remains 90,189 MW set on April 27, 2026. The Northern Region led solar output with 25,860 MW, while the Western Region topped wind at 5,435 MW.
8Southern grid stays rock-solid: 81% of May 12 within IEGC band, FDI at near-perfect 0.031
The Southern Region's frequency performance on May 12, 2026 was near-ideal, with the Frequency Deviation Index (FDI) holding at just 0.031 and average frequency at 49.999 Hz - virtually indistinguishable from the 50 Hz target. The grid spent 81.04% of the day in the 49.9-50.05 Hz IEGC band, with 53.02% of time in the tighter 50-50.1 Hz range. Maximum instantaneous frequency touched 50.187 Hz at 18:03 hrs while the minimum dipped to 49.734 Hz at 22:09 hrs.
8National grid frequency stays in IEGC band 81% of May 12; FDI at near-perfect 0.031 says NLDC
Grid Controller of India's NLDC frequency profile for May 12, 2026 confirmed a high-quality grid operation day with the Frequency Deviation Index (FDI) at 0.031. The all-India grid maintained frequency within the 49.9-50.05 Hz IEGC band for 81.04% of the day (1,167 minutes), with time in the tighter 49.97-50.03 Hz band at 44.20% (636.5 minutes). Frequency breached 50.05 Hz for 12.41% of the time but never exceeded 50.2 Hz, with no instance of frequency falling below 49.7 Hz - testament to robust real-time balancing.
8Southern Region meets 56,597 MW peak demand with zero shortage; Tamil Nadu tops at 18,839 MW
The Southern Region recorded a flawless power supply day on May 12, 2026, meeting evening peak demand of 56,597 MW with zero shortfall at 50.03 Hz. Total day energy met stood at 1,368.96 MU against requirement of 1,368.96 MU - a near-perfect balance. Tamil Nadu led with a peak of 18,839 MW (day high 19,436 MW at 18:50 hrs), followed by Karnataka at 13,010 MW and Andhra Pradesh at 10,033 MW. Regional maximum demand hit 66,316 MW at 15:30 hrs. Kerala recorded a brief 38 MW shortage during peak.
REGIONAL ENERGY ACCOUNT
8WRPC puts Rs. 37.52 crore net receivable on the table as SCUC offsets heavy TRAS shortfall payouts
Western Regional Power Committee's 27 April-3 May 2026 ancillary settlement showed TRAS shortfall charges of Rs. 18.72 crore payable to the pool, emergency charges of Rs. 6.65 crore payable, and SCUC support of Rs. 62.96 crore receivable, leaving generators with a consolidated Rs. 37.52 crore net receivable. The settlement underlines how Security Constrained Unit Commitment payouts dominate the ancillary services framework for western generators, offsetting the cost of shortfall and emergency reserve activations during the billing week.
8SRPC ancillary settlement leaves southern providers with Rs. 13.41 crore payable to the pool
Southern Regional Power Committee's ancillary services account for 27 April-3 May 2026 recorded Rs. 12.55 crore payable under SRAS, Rs. 37.29 crore payable under shortfall TRAS, Rs. 3.06 crore payable under emergency TRAS, offset by Rs. 22.93 crore receivable under SCUC - producing a final Rs. 13.41 crore payable. The net outflow reflects southern providers carrying ancillary obligations in a week of mixed grid balancing requirements, with shortfall TRAS the heaviest cost component for the seven-day settlement window.
8Karnataka and Kerala drive SRPC DSM payable pressure; Telangana turns Rs. 8.83 crore receivable
Southern Regional Power Committee's DSM settlement for 27 April-3 May 2026 showed mixed deviation outcomes, with Karnataka payable at Rs. 1.75 crore, Kerala payable at Rs. 3.46 crore, Tamil Nadu payable at Rs. 1.96 crore, while Telangana posted Rs. 8.83 crore receivable and Andhra Pradesh recorded Rs. 87.71 lakh receivable. The numbers reveal asymmetric deviation discipline across southern states, with Telangana benefiting from over-injection and Kerala bearing the steepest under-drawal cost in the regional grid settlement framework.
8Sasan and Gadarwara lift WRPC reactive pool as western entities post Rs. 6.86 crore net receivable
WRPC's reactive energy account for 27 April-3 May 2026 showed a Rs. 6.86 crore net receivable across western regional entities, led by major generator-side inflows including Sasan at Rs. 4.24 crore and Gadarwara at Rs. 51.50 lakh. The settlement underscores the role of large thermal generators in supplying reactive power to maintain Western grid voltage discipline, with their compensation forming the bulk of the regional reactive pool credit for the seven-day billing period under the CERC reactive energy framework.
8SRPC reactive account closes Rs. 2.13 crore receivable as Andhra and Karnataka lead pool inflows
Southern Regional Power Committee's reactive energy statement for 27 April-3 May 2026 reported Rs. 2.38 crore receivable, Rs. 24.81 lakh payable and a final Rs. 2.13 crore net receivable, led by Andhra Pradesh at Rs. 59.54 lakh receivable and Karnataka at Rs. 27.35 lakh receivable. The numbers reflect strong reactive power injection performance by southern state utilities under the CERC framework, with the net pool credit reinforcing the role of distributed VAR support in stabilising the Southern grid voltage profile during the week.
OCC MEETINGS & OUTAGE PLANNING
8NRPC's 243rd OCC agenda flags summer 2026 grid risks as northern demand outlook touches 98.6 GW
Northern Regional Power Committee's agenda for the 15 May 2026 OCC meeting projected June 2026 northern region demand at 54,823 MU and 98,600 MW peak, while raising red flags on Punjab's 1,806 MU energy deficit, Champa-Kurukshetra HVDC trippings, Rajasthan RE evacuation, coal stocks and Kumbh Mela 2027 reliability planning. The agenda underscores the operational complexity facing NRPC as the region prepares for record summer demand alongside multiple structural grid stress points across thermal, transmission and renewable evacuation infrastructure.
8ERLDC flags Eastern Region under 7,584 MW generation outage; NTPC's North Karanpura among forced shutdowns
Eastern Region's generation outage tally on May 12, 2026 hit 7,584.65 MW, comprising 3,775 MW from Central Sector forced outages and 3,590 MW from State Sector forced outages, with 219.65 MW in planned maintenance. NTPC's North Karanpura (660 MW, boiler tube leakage since May 9), Nabinagar NTPC Stage 2 (660 MW, since May 11) and KBUNL (195 MW, since May 12) are under forced outage. All six NHPC Teesta HPS units and three Teesta Stage III units totalling 1,940 MW remain out since the October 2023 Sikkim floods.
8Western Region peaks at 74,624 MW with 425 MW shortage; Maharashtra leads at 705.9 MU
WRLDC's daily operation report for May 12, 2026 showed the Western Region meeting an evening peak of 74,624 MW against a requirement of 75,049 MW - recording a 425 MW shortfall at 50.11 Hz. Day energy met stood at 1,788.6 MU with a residual shortage of 2.84 MU. Maharashtra dominated regional generation with 476.5 MU net total, while Gujarat contributed 337.9 MU including 85.7 MU solar and 51.4 MU wind. Chhattisgarh produced 57 MU and Madhya Pradesh 119.4 MU. Off-peak demand met at 03:00 hrs was 72,017 MW with zero shortfall.
8Northern Region faces 760 MW evening peak shortage; UP draws 24,566 MW, Rajasthan peaks at 15,073 MW
NRLDC's daily operation report for May 12, 2026 recorded an evening peak demand of 71,601 MW against a requirement of 72,361 MW - a shortfall of 760 MW at 50.02 Hz. Energy shortage for the day was 6.11 MU. Uttar Pradesh led with a peak demand of 24,566 MW, while Rajasthan hit a seasonal peak of 15,073 MW at 22:00 hrs with no shortfall. Haryana peaked at 10,736 MW at 15:00 hrs and Punjab at 10,342 MW at 10:00 hrs - both zero shortage states. Delhi managed demand at 5,964 MW.
8Maharashtra breaches ATC limit 25 times on May 12 totalling 6.2 hours; other western states stay clean
WRLDC's daily system reliability indices report for May 12, 2026 revealed that Maharashtra violated Available Transfer Capability (ATC) limits in 25 time-blocks totalling 6.2 hours - a 26.0% violation rate - making it the sole state with breaches in the Western Region. Gujarat, Madhya Pradesh and Chhattisgarh all recorded zero ATC violations. Maharashtra's repeated breaches likely reflect its high evening demand load and the 425 MW regional shortfall on this day, providing WRLDC actionable inputs for real-time corrective action.
8Delhi OCC April 2026 meeting reviews FY27 grid coordination with DTL, SLDC, TPDDL, BRPL, BYPL, IPGCL
Delhi Transco Limited (DTL) convened the 1st Delhi Operation Coordination Committee (OCC) meeting of FY 2026-27 on April 23, 2026 at DTL's 220 kV Sub-Station Park Street Building, with representation from SLDC, TPDDL, BRPL, BYPL, NDMC, IPGCL, PPCL, DMRC, BBMB and MES. The meeting agenda included confirmation of the 12th OCC minutes from March 24, 2026 and FY26-27 operational coordination items. DTL's General Manager (O&M)-I chaired the session - the apex body for Delhi's grid synchronisation and load management.
TRANSMISSION LINE ENERGIZATION
8400 kV TANTRANSCO line trips for 23 minutes; Southern grid quickly restored on May 12
The Southern Regional Load Despatch Centre (SRLDC) reported two forced transmission outages on May 12, 2026. A critical 400 kV AC line - NCTPS Stage II to Manali-1 - operated by TANTRANSCO tripped at 01:42 hrs due to a cooling fan cubicle trip, and was restored in just 23 minutes by 02:05 hrs. A second 220 kV line (GADAG PSS-VENA GADAGPS-1) under VENA went out at 10:32 hrs; control supply failure during maintenance work caused the disruption, which lasted 65 minutes before restoration at 11:37 hrs.
8400 kV Ramagundam-Telangana STPP lines remain out since March 2023 in SRLDC outage register
SRLDC's planned transmission outage report for May 12, 2026 revealed that two critical 400 kV POWERGRID lines - Ramagundam to Telangana STPP circuits 1 and 2 - have been out since March 24, 2023, pending idle charge after Final Testing and Commissioning. More than 30 planned outages are currently active in the Southern Region across 400 kV and 220 kV infrastructure, involving POWERGRID, TANTRANSCO and state utilities. Several outages pertain to bus reactors and ICTs at key substations across Andhra Pradesh, Telangana, Tamil Nadu and Karnataka.
8POWERGRID's 400 kV Wardha-Warora line stays out since 2018 for ferroresonance; WRLDC tracks 30+ legacy outages
WRLDC's transmission outage report for May 12, 2026 highlighted over 30 planned outages - many with start dates stretching back to 2018 and 2021. POWERGRID's 400 kV Wardha-Warora line has been out since May 4, 2018 due to ferroresonance issues identified after LILO work at Warora PS - now one of the longest-standing outages on the national grid. Multiple bus sectionalizer bays at 400 kV and 765 kV Champa and Dharamjaygarh substations have been open since 2022 for fault level control under POWERGRID. Details
NEWS UPDATE: POLICY & GOVERNMENT ANNOUNCEMENTS
May 13:
MNRE & BEE
8BEE and TERI invite applications for ECSBC Master Trainer Programme by May 30, 2026
The Bureau of Energy Efficiency (BEE), a statutory body under the Ministry of Power, in association with The Energy and Resources Institute (TERI), invited applications for the Energy Conservation and Sustainable Building Code (ECSBC) Master Trainer Programme. Issued on April 16, 2026, the programme seeks to build a nationwide cadre of certified ECSBC trainers. Applications must reach BEE/TERI by May 30, 2026, positioning this as a key capacity-building initiative under India's building energy efficiency agenda under the Energy Conservation Act framework.
8NISE extends Senior Project Scientist application deadline to May 18, 2026
The National Institute of Solar Energy (NISE), an autonomous institution under the Ministry of New and Renewable Energy, issued a corrigendum extending the last date for email submission of applications for Senior Project Scientist on short-term contract at its Gwal-Pahari campus in Gurugram to May 18, 2026 up to 17:30 hrs. The extension provides additional time for qualified candidates to apply for this research position under Advertisement No. A-12024/2/2026-Admin dated May 8, 2026, supporting MNRE's solar R&D ecosystem.
MINISTRY OF POWER
8PM E-DRIVE: Rs. 503.86 crore approved for 4,874 EV chargers; Karnataka gets 1,243 chargers worth Rs. 123.26 crore
Union Minister H.D. Kumaraswamy announced at the National Conference on EV Charging Infrastructure in Bengaluru that Rs. 503.86 crore has been cumulatively approved for installation of 4,874 EV chargers across India under the PM E-DRIVE Scheme. Karnataka received the day's landmark approval: 1,243 EV chargers with a financial outlay of Rs. 123.26 crore. Approved proposals cover major CPSEs - HPCL, IOCL and BPCL - and states including Rajasthan, Andhra Pradesh, Uttar Pradesh, Gujarat, Kerala, Telangana and Tamil Nadu.
CEA & GRID STANDARDS
8EV charging stations consumed 129.66 MU in December 2025; Delhi leads Apr-Dec tally at 321.99 MU
Central Electricity Authority's Monthly Power Consumption Report for EV Public Charging Stations showed December 2025 consumption reaching 129.66 MU, up from 106.46 MU in April 2025 -
a 21.8% growth in nine months. Cumulatively from April to December 2025, total EV charging electricity stood at 1,102.59 MU. Delhi topped the nine-month tally at 321.99 MU (29.2% share), followed by Maharashtra at 268.90 MU (24.4%), Karnataka at 156.76 MU (14.2%) and Telangana at 76.57 MU (6.9%), highlighting EV infrastructure concentration.
8CEA flags 56,107 MW under maintenance; 18% of capacity offline as grid runs on 253,816 MW on May 11
Central Electricity Authority's Capacity Availability Report for May 11, 2026 revealed 56,107.10 MW - 18.1% of India's total 309,923.79 MW monitored capacity - was under maintenance, with 41,579.81 MW on forced outage and 9,891.99 MW under other constraints. The Western Region contributed the largest capacity pool with 88,030.30 MW online, while the Northern Region had the heaviest maintenance load at 17,039.91 MW offline. The data underscores the strain on India's generation fleet entering peak summer demand season.
8CEA tracks 190 coal stations with 53,529 KT stock; Rajasthan's Chhabra-II at just 51% of normative
Central Electricity Authority's Daily Coal Stock Report dated May 11, 2026 showed 190 plants collectively holding 53,529.2 thousand tonnes of coal - about 71% of the normative requirement of 74,987.1 thousand tonnes. Among troubled stations, Rajasthan's Chhabra-II TPP (1,320 MW) was critically low at just 51% of normative stock. HPGCL plants in Haryana maintained a combined stock of 1,402.7 thousand tonnes (143% normative), while PSPCL stations in Punjab held 1,014.8 thousand tonnes at 132% normative.
8RVUNL submits Suratgarh April environment report; Unit-IV SO2 peaks at 1,297 mg/Nm3 vs 600 mg norm
RVUNL's Suratgarh Super Thermal Power Station submitted its April 2026 environment status report to the Central Electricity Authority, covering stack monitoring, trade effluent discharge, specific water consumption and ambient air quality. The 6x250 MW station reported Unit-IV SO2 average of 1,141 mg/Nm3 and maximum of 1,297 mg/Nm3 against the 600 mg/Nm3 norm, while Unit-I recorded PM average of 352 mg/Nm3 and maximum of 468 mg/Nm3 against the 100 mg/Nm3 norm. The filing highlights continued regulatory monitoring of Rajasthan's coal fleet.
8RVUNL Kota STPS Unit-1 PM peaks at 895.7 mg/Nm3 against 100 mg/Nm3 norm in April environment data
Rajasthan Rajya Vidyut Utpadan Nigam Limited submitted April 2026 monthly environment data for Kota Super Thermal Power Station to the Central Electricity Authority's Clean Energy and Energy Transition Division. In the stack emission sheet, Kota STPS Unit-1 with 110 MW installed capacity reported average particulate matter of 641.26 mg/Nm3 and a maximum of 895.7 mg/Nm3 against the listed 100 mg/Nm3 norm, while Unit-2 reported PM average of 285.95 mg/Nm3 and maximum of 393.5 mg/Nm3 - flagging continued emissions stress at the legacy thermal station. Details
8BEE and TERI invite applications for ECSBC Master Trainer Programme by May 30, 2026
The Bureau of Energy Efficiency (BEE), a statutory body under the Ministry of Power, in association with The Energy and Resources Institute (TERI), invited applications for the Energy Conservation and Sustainable Building Code (ECSBC) Master Trainer Programme. Issued on April 16, 2026, the programme seeks to build a nationwide cadre of certified ECSBC trainers. Applications must reach BEE/TERI by May 30, 2026, positioning this as a key capacity-building initiative under India's building energy efficiency agenda under the Energy Conservation Act framework.
8NISE extends Senior Project Scientist application deadline to May 18, 2026
The National Institute of Solar Energy (NISE), an autonomous institution under the Ministry of New and Renewable Energy, issued a corrigendum extending the last date for email submission of applications for Senior Project Scientist on short-term contract at its Gwal-Pahari campus in Gurugram to May 18, 2026 up to 17:30 hrs. The extension provides additional time for qualified candidates to apply for this research position under Advertisement No. A-12024/2/2026-Admin dated May 8, 2026, supporting MNRE's solar R&D ecosystem.
MINISTRY OF POWER
8PM E-DRIVE: Rs. 503.86 crore approved for 4,874 EV chargers; Karnataka gets 1,243 chargers worth Rs. 123.26 crore
Union Minister H.D. Kumaraswamy announced at the National Conference on EV Charging Infrastructure in Bengaluru that Rs. 503.86 crore has been cumulatively approved for installation of 4,874 EV chargers across India under the PM E-DRIVE Scheme. Karnataka received the day's landmark approval: 1,243 EV chargers with a financial outlay of Rs. 123.26 crore. Approved proposals cover major CPSEs - HPCL, IOCL and BPCL - and states including Rajasthan, Andhra Pradesh, Uttar Pradesh, Gujarat, Kerala, Telangana and Tamil Nadu.
CEA & GRID STANDARDS
8EV charging stations consumed 129.66 MU in December 2025; Delhi leads Apr-Dec tally at 321.99 MU
Central Electricity Authority's Monthly Power Consumption Report for EV Public Charging Stations showed December 2025 consumption reaching 129.66 MU, up from 106.46 MU in April 2025 -
a 21.8% growth in nine months. Cumulatively from April to December 2025, total EV charging electricity stood at 1,102.59 MU. Delhi topped the nine-month tally at 321.99 MU (29.2% share), followed by Maharashtra at 268.90 MU (24.4%), Karnataka at 156.76 MU (14.2%) and Telangana at 76.57 MU (6.9%), highlighting EV infrastructure concentration.
8CEA flags 56,107 MW under maintenance; 18% of capacity offline as grid runs on 253,816 MW on May 11
Central Electricity Authority's Capacity Availability Report for May 11, 2026 revealed 56,107.10 MW - 18.1% of India's total 309,923.79 MW monitored capacity - was under maintenance, with 41,579.81 MW on forced outage and 9,891.99 MW under other constraints. The Western Region contributed the largest capacity pool with 88,030.30 MW online, while the Northern Region had the heaviest maintenance load at 17,039.91 MW offline. The data underscores the strain on India's generation fleet entering peak summer demand season.
8CEA tracks 190 coal stations with 53,529 KT stock; Rajasthan's Chhabra-II at just 51% of normative
Central Electricity Authority's Daily Coal Stock Report dated May 11, 2026 showed 190 plants collectively holding 53,529.2 thousand tonnes of coal - about 71% of the normative requirement of 74,987.1 thousand tonnes. Among troubled stations, Rajasthan's Chhabra-II TPP (1,320 MW) was critically low at just 51% of normative stock. HPGCL plants in Haryana maintained a combined stock of 1,402.7 thousand tonnes (143% normative), while PSPCL stations in Punjab held 1,014.8 thousand tonnes at 132% normative.
8RVUNL submits Suratgarh April environment report; Unit-IV SO2 peaks at 1,297 mg/Nm3 vs 600 mg norm
RVUNL's Suratgarh Super Thermal Power Station submitted its April 2026 environment status report to the Central Electricity Authority, covering stack monitoring, trade effluent discharge, specific water consumption and ambient air quality. The 6x250 MW station reported Unit-IV SO2 average of 1,141 mg/Nm3 and maximum of 1,297 mg/Nm3 against the 600 mg/Nm3 norm, while Unit-I recorded PM average of 352 mg/Nm3 and maximum of 468 mg/Nm3 against the 100 mg/Nm3 norm. The filing highlights continued regulatory monitoring of Rajasthan's coal fleet.
8RVUNL Kota STPS Unit-1 PM peaks at 895.7 mg/Nm3 against 100 mg/Nm3 norm in April environment data
Rajasthan Rajya Vidyut Utpadan Nigam Limited submitted April 2026 monthly environment data for Kota Super Thermal Power Station to the Central Electricity Authority's Clean Energy and Energy Transition Division. In the stack emission sheet, Kota STPS Unit-1 with 110 MW installed capacity reported average particulate matter of 641.26 mg/Nm3 and a maximum of 895.7 mg/Nm3 against the listed 100 mg/Nm3 norm, while Unit-2 reported PM average of 285.95 mg/Nm3 and maximum of 393.5 mg/Nm3 - flagging continued emissions stress at the legacy thermal station. Details
NEWS UPDATE: RENEWABLE ENERGY
May 13:
SOLAR POWER
8Rajasthan alone generates 286 MU in a day; India's renewables clock 963 MU on May 11
Central Electricity Authority's Daily Renewable Generation Report for May 11, 2026 showed India's total renewable output at 963.93 MU net for the day, with cumulative May generation reaching 10,154.56 MU. Rajasthan dominated with 286.45 MU of daily solar and wind generation - the highest of any state - driven by 230.50 MU of solar and 53.85 MU of wind. Nationally, solar contributed 695.92 MU and wind 241.85 MU. Cumulative ISGS renewable generation from identified projects reached 4,204.45 MU since April 1.
8India's wind-solar machine generates 544 MU from ISGS plants on May 11; Rajasthan private IPPs lead
Central Electricity Authority's plant-wise renewable data showed identified ISGS renewable projects contributed 544.36 MU on May 11, 2026, with cumulative May generation of 5,950.11 MU from these plants. Private IPP solar projects in Rajasthan - including NTPC Nokh (5.99 MU daily), Adani Hybrid Jaisalmer (6.10 MU solar + 6.22 MU wind), and multiple ACME, ReNew and Azure Power plants - dominate the national renewable matrix. The Pavagada Solar Park in Karnataka contributed 16.00 MU, while NP Kunta in Andhra Pradesh generated 17.88 MU.
8DVC posts highest-ever solar generation of 33.3 MU in FY26; hydel exceeds target at 351 MU
Damodar Valley Corporation (DVC) reported total power generation of 40,103 MU in FY 2025-26, comprising 39,719 MU thermal, 351 MU hydel and a record 33.3 MU solar - the highest solar generation in DVC's history. Hydel output of 351 MU also exceeded its 280 MU target. The corporation achieved a record 6 MMT of coal excavation from its captive mine at Tubed, Latehar, and secured fresh coal mines with cumulative capacity of 53 MMT, including Mahuagarhi and Mandakini-B, alongside commissioning India's first real-time ULDC Phase-III Load Despatch Centre.
8Tata Power Rooftop Solar PAT surges 150% YoY to Rs. 499 crore in FY26
Tata Power Company Limited (BSE: 500400) reported a 150% YoY surge in Rooftop Solar PAT to Rs. 499 crore in FY26, complementing a doubling of Solar Manufacturing PAT to Rs. 857 crore and 49% growth in T&D business PAT to Rs. 2,978 crore. The company commissioned 2.5 GW of renewable capacity in FY26, taking its renewables portfolio to 11.6 GW including 5.1 GW under construction. Overall FY26 revenue stood at Rs. 63,681 crore with EBITDA up 11% to Rs. 16,090 crore and PAT at an all-time high of Rs. 5,118 crore.
POLICY & INCENTIVES
8India and Korea to join each other's ISA and GGGI; May 11 meeting targets green finance across Asia
India and South Korea announced their intention to join each other's international climate bodies - India to join the Global Green Growth Institute (GGGI) and Korea to join the International Solar Alliance (ISA) - as part of bilateral agreements during the Korean State Visit to India. On May 11, 2026, GGGI Deputy Executive Director Dr. Malle Fofana met ISA Director General Ashish Khanna in New Delhi to advance green energy financing opportunities across Asia. The ISA, founded and hosted by India, and the GGGI, founded by Korea, now deepen their international footprints.
8BEE proposes new draft regulations for power distribution companies under Energy Conservation Act
The Bureau of Energy Efficiency (BEE), under the Ministry of Power, published a draft notification on April 15, 2026 in the Gazette of India Extraordinary, proposing new regulations under sub-section (2) of Section 58 read with Section 13(2) of the Energy Conservation Act, 2001 for power distribution companies (DISCOMs). The draft supersedes BEE's earlier notification of October 6, 2021 and its amendment of October 28, 2022. Stakeholders can submit objections or suggestions via post or email to helpdesk@beeindia.gov.in within 30 days of publication.
8Joshi declares India's 500 GW non-fossil target within reach, invokes Aatmanirbharta at CII summit
Union Minister for New and Renewable Energy Shri Pralhad Joshi, addressing the CII Annual Business Summit 2026, declared India's 500 GW non-fossil fuel capacity target achievable through scale, speed and self-reliance. The Minister positioned renewable energy as the cornerstone of India's Aatmanirbhar growth framework, stating clean energy transition now shapes industrial competitiveness, trade positioning and economic resilience - not just climate commitments. He drew parallels with Vaccine Maitri and BrahMos/Tejas export success as evidence of India's growing domestic capability. Details
8Rajasthan alone generates 286 MU in a day; India's renewables clock 963 MU on May 11
Central Electricity Authority's Daily Renewable Generation Report for May 11, 2026 showed India's total renewable output at 963.93 MU net for the day, with cumulative May generation reaching 10,154.56 MU. Rajasthan dominated with 286.45 MU of daily solar and wind generation - the highest of any state - driven by 230.50 MU of solar and 53.85 MU of wind. Nationally, solar contributed 695.92 MU and wind 241.85 MU. Cumulative ISGS renewable generation from identified projects reached 4,204.45 MU since April 1.
8India's wind-solar machine generates 544 MU from ISGS plants on May 11; Rajasthan private IPPs lead
Central Electricity Authority's plant-wise renewable data showed identified ISGS renewable projects contributed 544.36 MU on May 11, 2026, with cumulative May generation of 5,950.11 MU from these plants. Private IPP solar projects in Rajasthan - including NTPC Nokh (5.99 MU daily), Adani Hybrid Jaisalmer (6.10 MU solar + 6.22 MU wind), and multiple ACME, ReNew and Azure Power plants - dominate the national renewable matrix. The Pavagada Solar Park in Karnataka contributed 16.00 MU, while NP Kunta in Andhra Pradesh generated 17.88 MU.
8DVC posts highest-ever solar generation of 33.3 MU in FY26; hydel exceeds target at 351 MU
Damodar Valley Corporation (DVC) reported total power generation of 40,103 MU in FY 2025-26, comprising 39,719 MU thermal, 351 MU hydel and a record 33.3 MU solar - the highest solar generation in DVC's history. Hydel output of 351 MU also exceeded its 280 MU target. The corporation achieved a record 6 MMT of coal excavation from its captive mine at Tubed, Latehar, and secured fresh coal mines with cumulative capacity of 53 MMT, including Mahuagarhi and Mandakini-B, alongside commissioning India's first real-time ULDC Phase-III Load Despatch Centre.
8Tata Power Rooftop Solar PAT surges 150% YoY to Rs. 499 crore in FY26
Tata Power Company Limited (BSE: 500400) reported a 150% YoY surge in Rooftop Solar PAT to Rs. 499 crore in FY26, complementing a doubling of Solar Manufacturing PAT to Rs. 857 crore and 49% growth in T&D business PAT to Rs. 2,978 crore. The company commissioned 2.5 GW of renewable capacity in FY26, taking its renewables portfolio to 11.6 GW including 5.1 GW under construction. Overall FY26 revenue stood at Rs. 63,681 crore with EBITDA up 11% to Rs. 16,090 crore and PAT at an all-time high of Rs. 5,118 crore.
POLICY & INCENTIVES
8India and Korea to join each other's ISA and GGGI; May 11 meeting targets green finance across Asia
India and South Korea announced their intention to join each other's international climate bodies - India to join the Global Green Growth Institute (GGGI) and Korea to join the International Solar Alliance (ISA) - as part of bilateral agreements during the Korean State Visit to India. On May 11, 2026, GGGI Deputy Executive Director Dr. Malle Fofana met ISA Director General Ashish Khanna in New Delhi to advance green energy financing opportunities across Asia. The ISA, founded and hosted by India, and the GGGI, founded by Korea, now deepen their international footprints.
8BEE proposes new draft regulations for power distribution companies under Energy Conservation Act
The Bureau of Energy Efficiency (BEE), under the Ministry of Power, published a draft notification on April 15, 2026 in the Gazette of India Extraordinary, proposing new regulations under sub-section (2) of Section 58 read with Section 13(2) of the Energy Conservation Act, 2001 for power distribution companies (DISCOMs). The draft supersedes BEE's earlier notification of October 6, 2021 and its amendment of October 28, 2022. Stakeholders can submit objections or suggestions via post or email to helpdesk@beeindia.gov.in within 30 days of publication.
8Joshi declares India's 500 GW non-fossil target within reach, invokes Aatmanirbharta at CII summit
Union Minister for New and Renewable Energy Shri Pralhad Joshi, addressing the CII Annual Business Summit 2026, declared India's 500 GW non-fossil fuel capacity target achievable through scale, speed and self-reliance. The Minister positioned renewable energy as the cornerstone of India's Aatmanirbhar growth framework, stating clean energy transition now shapes industrial competitiveness, trade positioning and economic resilience - not just climate commitments. He drew parallels with Vaccine Maitri and BrahMos/Tejas export success as evidence of India's growing domestic capability. Details
NEWS UPDATE: PROJECT AWARDS & CAPACITY ADDITION
May 13:
PPA SIGNING & APPROVAL
8HPERC approves five solar PPAs totalling 5.7 MW in single-day regulatory sitting
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved Power Purchase Agreements totalling 5.7 MW with HPSEBL in a single regulatory sitting on May 12, 2026 across Petitions 68-72 of 2026. The approvals include GB Solar (500 kW, Mandi), Pratham Rana Solar (2.0 MW, Bilaspur), Sadashiv Solar (500 kW, Kangra), Chowai Solar Anni (500 kW, Kullu) and Surya Setu Energies (1.70 MW, Una). Filings dated May 7-11 were heard and decided the same day by the bench of Chairman Yashwant Singh Chogal and Member Shashi Kant Joshi.
8HPERC clears 500 kW GB Solar Power Project PPA with HPSEBL in Mandi district
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the Power Purchase Agreement for GB Solar Power Project of 500 kW capacity at Village Gehri Bhaderpur, Tehsil Sarkaghat in Mandi district, in favour of HPSEBL in Petition No. 68 of 2026. Arguments were heard and the order passed by the bench of Chairman Yashwant Singh Chogal and Member Shashi Kant Joshi on May 12, 2026 - within five days of petition filing on May 7, 2026, reflecting HPERC's expedited PPA approval workflow.
8HPERC approves 2.0 MW Pratham Rana Solar PPA in Bilaspur; fast-track approval in one day
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the Power Purchase Agreement for Pratham Rana Solar Power Project of 2.0 MW in Petition No. 69 of 2026. The project is located at Village and Post Office Chandpur, Tehsil Sadar in Bilaspur district. The petition was filed on May 11, 2026 with arguments heard and order passed on May 12, 2026 by the two-member bench. The decision demonstrates HPERC's swift processing of small-scale solar PPAs under HPSEBL's procurement framework for distributed renewable generation in the hill state.
8HPERC clears Sadashiv Solar 500 kW PPA in Kangra within 24 hours of filing
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the PPA between HPSEBL and Sadashiv Solar Power Project of 500 kW in Petition No. 70 of 2026. The project is sited at Village and Post Office Khushi Nagar, Tehsil Nurpur in Kangra district. Filed on May 11, 2026, argued and decided the same day on May 12, 2026, this marks another expedited approval under HPERC (Conduct of Business) Regulations, 2024. The approval continues the regulator's pattern of clearing small-scale renewable PPAs within tight turnaround times during May 2026.
8TNERC takes up TNGECL-TNPDCL Power Purchase Approval Petition for RE procurement
Tamil Nadu Electricity Regulatory Commission (TNERC) took up Power Purchase Approval Petition No. 5 of 2026 on May 12, 2026, filed jointly by Tamil Nadu Green Energy Corporation Limited (TNGECL) and Tamil Nadu Power Distribution Corporation Limited (TNPDCL). The petition relates to a power purchase arrangement between the state's green energy arm and the distribution utility, requiring commission approval under the regulatory framework. Standing counsel Thiru N. Kumanan and Thiru A.P. Venkatachalapathy appeared for TANTRANSCO during proceedings before the Commission.
8HPERC approves 1.70 MW Surya Setu Energies solar PPA with HPSEBL in Una district
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the PPA between HPSEBL and Surya Setu Energies Pvt. Limited Solar Power Project of 1.70 MW in Petition No. 72 of 2026. The project is located at Village and Post Office Charatgarh in Una district. Filed May 11, heard and decided May 12, 2026, the order completes a cluster of five solar PPAs approved by HPERC in a single sitting that together added 5.7 MW of new solar capacity under HPSEBL's distributed renewable procurement programme.
WORK ORDERS & SUPPLY CONTRACTS
8L&T Semiconductor ties up with Synopsys in multiyear AI-simulation deal for power electronics design
L&T Semiconductor Technologies Limited (LTSCT), a wholly-owned subsidiary of Larsen & Toubro, signed a multiyear simulation software license agreement with Synopsys Inc. on May 12, 2026, to accelerate AI-enabled design of next-generation power modules and intelligent power modules (IPMs). The collaboration will integrate multiphysics simulation at chip, package and system levels, supporting voltage design ranges from 1.2 kV to 10 kV. LTSCT CEO Sandeep Kumar said the deal enables a new paradigm where intelligence, performance and sustainability converge in power electronics design.
8Atlanta Electricals commissioning 5,000 MVA IDT transformer capacity by December 2026
Atlanta Electricals (NSE: ATLANTAE) is commissioning 5,000 MVA Inter-Connecting Transformer (IDT) capacity by December 2026 and pursuing short-circuit test for a 30,000 MVA, 400 kV facility at Vadod in Q1 FY27. The capacity expansion supports the company's order book of Rs. 26 billion, largely earmarked for FY27 execution. Q4 FY26 results were a clear beat with revenue surging 82% YoY to Rs. 7.5 billion and PAT up 129% YoY to Rs. 1 billion, prompting MOFSL to raise the target price to Rs. 1,950.
8MePGCL cancels CO2 fire suppression tender for Umiam hydro stations; refloating expected
Meghalaya Power Generation Corporation Limited (MePGCL) cancelled NIT No. MePGCL/CE:GEN/T-162/2025-26/38 dated May 12, 2026, originally floated on April 6, 2026 for design, supply, erection, testing and commissioning of a CO2 gas fire suppression system for Umiam Stage-I and Umiam-Umitru Stage-IV power stations, along with CO2 cylinder refilling and complete fire alarm system overhauling. The cancellation by the Chief Engineer (Generation) opens the door for a re-tender, potentially with revised specifications or commercial terms for the Shillong-based hydro utility.
8KSEB floats short-term power tender for peak hours from June 15 to December 31, 2026
Kerala State Electricity Board Limited (KSEB) issued a short-term e-tender (Reference: KSEBL/Short/26-27/ET, dated May 7, 2026) on the DEEP portal for procurement of power during peak hours from June 15, 2026 to December 31, 2026, in line with the Ministry of Power's 2016 guidelines for tariff-based short-term procurement by distribution licensees. The tender is open to generators, state utilities, CPPs, distribution licensees, SEBs and trading licensees. The six-and-a-half month window signals KSEB's anticipation of continued peak-hour deficits.
8KSEBL opens FY27 RFP to appoint credit rating agencies for borrowings
Kerala State Electricity Board Limited (KSEBL) issued RFP No. Fin (2)B/credit Rating 26-27/01 dated May 7, 2026 for appointing credit rating agencies to rate the utility's borrowings. The Financial Adviser asked the Chief Engineer (IT & CR) to upload the notice inviting Request for Proposal and the RFP documents on KSEBL's website on the same day. The filing is tied to KSEBL's FY 2026-27 borrowing programme and its registered office at Vydyuthi Bhavanam, Pattom, Thiruvananthapuram, ahead of the new financial year's capital raise.
8MGVCL sets Rs. 10 lakh per MW bank guarantee format for captive and third-party solar under Gujarat RE Policy 2025
Madhya Gujarat Vij Company Limited (MGVCL) released the standard bank guarantee format for solar generators setting up captive or third-party sale projects under the Gujarat Integrated Renewable Energy Policy 2025. The guarantee is to be executed on Rs. 300 non-judicial stamp paper, with security calculated at Rs. 10 lakh per MW of AC capacity for projects entering wheeling agreements with MGVCL. The validity structure covers 1.5 years from the Stage-II connectivity application date plus an additional three-month claim period, giving the DISCOM first-demand invocation rights.
8DERC invites applications for 10 consultant positions across engineering, tariff, finance, HR and law
The Delhi Electricity Regulatory Commission (DERC) published a public notice inviting applications for engagement of 10 consultants under DERC (Appointment of Consultant) Regulations, 2001: three Electrical/Tariff Engineering, one Civil Engineering, three Tariff-Finance, one HR, and two Law consultants. They will assist DERC's two divisions in duties including DPR scrutiny, capital expenditure approvals, sub-station scheme review, procurement compliance and tariff analysis for DISCOMs BRPL and BYPL. Applications are to be filed at DERC's Malviya Nagar office.
8MGVCL frames DREBP solar guarantee at Rs. 10 lakh per MW; validity tied to 7 months after SCSD
MGVCL issued a separate bank guarantee format for renewable energy generators selling solar power to the DISCOM under the Decentralised Renewable Energy-Based Power scheme. The DREBP format requires security at Rs. 10 lakh per MW of AC capacity, executed on Rs. 300 non-judicial stamp paper, and links validity to seven months from the Scheduled Commercial Supply Date in the PPA, plus a one-month claim period. The format refers to Gujarat's December 24, 2025 renewable energy policy resolution and GERC Tariff Order Nos. 5 and 6 of 2024.
CAPACITY COMMISSIONING
8TPREL board approves Rs. 6,500 crore investment in 10 GW PV ingot and wafer manufacturing facility
Tata Power Renewable Energy Limited (TPREL) board approved a Rs. 6,500 crore investment in a 10 GW photovoltaic ingot and wafer manufacturing facility, to be set up in two phases of 5 GW each, advancing India's solar manufacturing self-reliance push. The decision was disclosed alongside Tata Power Company Limited's FY26 results, which posted record PAT of Rs. 5,118 crore. TP Solar's FY26 revenue of Rs. 6,968 crore included 3,825 MW of modules and 3,759 MW of cells with an industry-leading yield exceeding 95%.
8Panipat TPS Unit 6 returns to grid as CEA tracks recommissioning of multiple thermal units
Central Electricity Authority's Recommissioning Report (Sub-Report 14) for May 11, 2026 confirmed that PANIPAT TPS Unit 6 of 210 MW capacity and several other thermal units returned to the grid after maintenance, providing relief to northern grid capacity. Meanwhile, Sub-Report 15 records fresh outages going off-grid on May 11, with detailed outage reasons and expected return dates tracked. With 41,579.81 MW on forced outage system-wide, the active outage management underscores the difficulty of balancing maintenance cycles against peak-season demand.
8Siemens Energy unveils BlueWind offshore microgrid pairing floating wind turbines with BESS
Siemens Energy developed BlueWind - a microgrid combining Offshore Floating Wind Units (OFWUs) with Battery Energy Storage Systems (BESS) and Power Management Systems (PMS) -specifically designed to allow complete shut-off of gas turbines on offshore oil and gas assets. By integrating wind energy with grid converters, BlueWind delivers consistent grid stability and emissions-free power to offshore platforms, enabling decarbonisation that would be impossible with either BESS or floating wind alone. The solution directly targets carbon footprints of offshore production units. Details
8HPERC approves five solar PPAs totalling 5.7 MW in single-day regulatory sitting
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved Power Purchase Agreements totalling 5.7 MW with HPSEBL in a single regulatory sitting on May 12, 2026 across Petitions 68-72 of 2026. The approvals include GB Solar (500 kW, Mandi), Pratham Rana Solar (2.0 MW, Bilaspur), Sadashiv Solar (500 kW, Kangra), Chowai Solar Anni (500 kW, Kullu) and Surya Setu Energies (1.70 MW, Una). Filings dated May 7-11 were heard and decided the same day by the bench of Chairman Yashwant Singh Chogal and Member Shashi Kant Joshi.
8HPERC clears 500 kW GB Solar Power Project PPA with HPSEBL in Mandi district
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the Power Purchase Agreement for GB Solar Power Project of 500 kW capacity at Village Gehri Bhaderpur, Tehsil Sarkaghat in Mandi district, in favour of HPSEBL in Petition No. 68 of 2026. Arguments were heard and the order passed by the bench of Chairman Yashwant Singh Chogal and Member Shashi Kant Joshi on May 12, 2026 - within five days of petition filing on May 7, 2026, reflecting HPERC's expedited PPA approval workflow.
8HPERC approves 2.0 MW Pratham Rana Solar PPA in Bilaspur; fast-track approval in one day
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the Power Purchase Agreement for Pratham Rana Solar Power Project of 2.0 MW in Petition No. 69 of 2026. The project is located at Village and Post Office Chandpur, Tehsil Sadar in Bilaspur district. The petition was filed on May 11, 2026 with arguments heard and order passed on May 12, 2026 by the two-member bench. The decision demonstrates HPERC's swift processing of small-scale solar PPAs under HPSEBL's procurement framework for distributed renewable generation in the hill state.
8HPERC clears Sadashiv Solar 500 kW PPA in Kangra within 24 hours of filing
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the PPA between HPSEBL and Sadashiv Solar Power Project of 500 kW in Petition No. 70 of 2026. The project is sited at Village and Post Office Khushi Nagar, Tehsil Nurpur in Kangra district. Filed on May 11, 2026, argued and decided the same day on May 12, 2026, this marks another expedited approval under HPERC (Conduct of Business) Regulations, 2024. The approval continues the regulator's pattern of clearing small-scale renewable PPAs within tight turnaround times during May 2026.
8TNERC takes up TNGECL-TNPDCL Power Purchase Approval Petition for RE procurement
Tamil Nadu Electricity Regulatory Commission (TNERC) took up Power Purchase Approval Petition No. 5 of 2026 on May 12, 2026, filed jointly by Tamil Nadu Green Energy Corporation Limited (TNGECL) and Tamil Nadu Power Distribution Corporation Limited (TNPDCL). The petition relates to a power purchase arrangement between the state's green energy arm and the distribution utility, requiring commission approval under the regulatory framework. Standing counsel Thiru N. Kumanan and Thiru A.P. Venkatachalapathy appeared for TANTRANSCO during proceedings before the Commission.
8HPERC approves 1.70 MW Surya Setu Energies solar PPA with HPSEBL in Una district
The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the PPA between HPSEBL and Surya Setu Energies Pvt. Limited Solar Power Project of 1.70 MW in Petition No. 72 of 2026. The project is located at Village and Post Office Charatgarh in Una district. Filed May 11, heard and decided May 12, 2026, the order completes a cluster of five solar PPAs approved by HPERC in a single sitting that together added 5.7 MW of new solar capacity under HPSEBL's distributed renewable procurement programme.
WORK ORDERS & SUPPLY CONTRACTS
8L&T Semiconductor ties up with Synopsys in multiyear AI-simulation deal for power electronics design
L&T Semiconductor Technologies Limited (LTSCT), a wholly-owned subsidiary of Larsen & Toubro, signed a multiyear simulation software license agreement with Synopsys Inc. on May 12, 2026, to accelerate AI-enabled design of next-generation power modules and intelligent power modules (IPMs). The collaboration will integrate multiphysics simulation at chip, package and system levels, supporting voltage design ranges from 1.2 kV to 10 kV. LTSCT CEO Sandeep Kumar said the deal enables a new paradigm where intelligence, performance and sustainability converge in power electronics design.
8Atlanta Electricals commissioning 5,000 MVA IDT transformer capacity by December 2026
Atlanta Electricals (NSE: ATLANTAE) is commissioning 5,000 MVA Inter-Connecting Transformer (IDT) capacity by December 2026 and pursuing short-circuit test for a 30,000 MVA, 400 kV facility at Vadod in Q1 FY27. The capacity expansion supports the company's order book of Rs. 26 billion, largely earmarked for FY27 execution. Q4 FY26 results were a clear beat with revenue surging 82% YoY to Rs. 7.5 billion and PAT up 129% YoY to Rs. 1 billion, prompting MOFSL to raise the target price to Rs. 1,950.
8MePGCL cancels CO2 fire suppression tender for Umiam hydro stations; refloating expected
Meghalaya Power Generation Corporation Limited (MePGCL) cancelled NIT No. MePGCL/CE:GEN/T-162/2025-26/38 dated May 12, 2026, originally floated on April 6, 2026 for design, supply, erection, testing and commissioning of a CO2 gas fire suppression system for Umiam Stage-I and Umiam-Umitru Stage-IV power stations, along with CO2 cylinder refilling and complete fire alarm system overhauling. The cancellation by the Chief Engineer (Generation) opens the door for a re-tender, potentially with revised specifications or commercial terms for the Shillong-based hydro utility.
8KSEB floats short-term power tender for peak hours from June 15 to December 31, 2026
Kerala State Electricity Board Limited (KSEB) issued a short-term e-tender (Reference: KSEBL/Short/26-27/ET, dated May 7, 2026) on the DEEP portal for procurement of power during peak hours from June 15, 2026 to December 31, 2026, in line with the Ministry of Power's 2016 guidelines for tariff-based short-term procurement by distribution licensees. The tender is open to generators, state utilities, CPPs, distribution licensees, SEBs and trading licensees. The six-and-a-half month window signals KSEB's anticipation of continued peak-hour deficits.
8KSEBL opens FY27 RFP to appoint credit rating agencies for borrowings
Kerala State Electricity Board Limited (KSEBL) issued RFP No. Fin (2)B/credit Rating 26-27/01 dated May 7, 2026 for appointing credit rating agencies to rate the utility's borrowings. The Financial Adviser asked the Chief Engineer (IT & CR) to upload the notice inviting Request for Proposal and the RFP documents on KSEBL's website on the same day. The filing is tied to KSEBL's FY 2026-27 borrowing programme and its registered office at Vydyuthi Bhavanam, Pattom, Thiruvananthapuram, ahead of the new financial year's capital raise.
8MGVCL sets Rs. 10 lakh per MW bank guarantee format for captive and third-party solar under Gujarat RE Policy 2025
Madhya Gujarat Vij Company Limited (MGVCL) released the standard bank guarantee format for solar generators setting up captive or third-party sale projects under the Gujarat Integrated Renewable Energy Policy 2025. The guarantee is to be executed on Rs. 300 non-judicial stamp paper, with security calculated at Rs. 10 lakh per MW of AC capacity for projects entering wheeling agreements with MGVCL. The validity structure covers 1.5 years from the Stage-II connectivity application date plus an additional three-month claim period, giving the DISCOM first-demand invocation rights.
8DERC invites applications for 10 consultant positions across engineering, tariff, finance, HR and law
The Delhi Electricity Regulatory Commission (DERC) published a public notice inviting applications for engagement of 10 consultants under DERC (Appointment of Consultant) Regulations, 2001: three Electrical/Tariff Engineering, one Civil Engineering, three Tariff-Finance, one HR, and two Law consultants. They will assist DERC's two divisions in duties including DPR scrutiny, capital expenditure approvals, sub-station scheme review, procurement compliance and tariff analysis for DISCOMs BRPL and BYPL. Applications are to be filed at DERC's Malviya Nagar office.
8MGVCL frames DREBP solar guarantee at Rs. 10 lakh per MW; validity tied to 7 months after SCSD
MGVCL issued a separate bank guarantee format for renewable energy generators selling solar power to the DISCOM under the Decentralised Renewable Energy-Based Power scheme. The DREBP format requires security at Rs. 10 lakh per MW of AC capacity, executed on Rs. 300 non-judicial stamp paper, and links validity to seven months from the Scheduled Commercial Supply Date in the PPA, plus a one-month claim period. The format refers to Gujarat's December 24, 2025 renewable energy policy resolution and GERC Tariff Order Nos. 5 and 6 of 2024.
CAPACITY COMMISSIONING
8TPREL board approves Rs. 6,500 crore investment in 10 GW PV ingot and wafer manufacturing facility
Tata Power Renewable Energy Limited (TPREL) board approved a Rs. 6,500 crore investment in a 10 GW photovoltaic ingot and wafer manufacturing facility, to be set up in two phases of 5 GW each, advancing India's solar manufacturing self-reliance push. The decision was disclosed alongside Tata Power Company Limited's FY26 results, which posted record PAT of Rs. 5,118 crore. TP Solar's FY26 revenue of Rs. 6,968 crore included 3,825 MW of modules and 3,759 MW of cells with an industry-leading yield exceeding 95%.
8Panipat TPS Unit 6 returns to grid as CEA tracks recommissioning of multiple thermal units
Central Electricity Authority's Recommissioning Report (Sub-Report 14) for May 11, 2026 confirmed that PANIPAT TPS Unit 6 of 210 MW capacity and several other thermal units returned to the grid after maintenance, providing relief to northern grid capacity. Meanwhile, Sub-Report 15 records fresh outages going off-grid on May 11, with detailed outage reasons and expected return dates tracked. With 41,579.81 MW on forced outage system-wide, the active outage management underscores the difficulty of balancing maintenance cycles against peak-season demand.
8Siemens Energy unveils BlueWind offshore microgrid pairing floating wind turbines with BESS
Siemens Energy developed BlueWind - a microgrid combining Offshore Floating Wind Units (OFWUs) with Battery Energy Storage Systems (BESS) and Power Management Systems (PMS) -specifically designed to allow complete shut-off of gas turbines on offshore oil and gas assets. By integrating wind energy with grid converters, BlueWind delivers consistent grid stability and emissions-free power to offshore platforms, enabling decarbonisation that would be impossible with either BESS or floating wind alone. The solution directly targets carbon footprints of offshore production units. Details
NEWS UPDATE: TARIFF & REGULATORY ORDERS
May 13:
COMMISSION ORDERS (CERC/SERC)
8HERC must re-determine 110 MW Chuzachen hydro tariff after APTEL sets aside retrospective MYT application
The Haryana Electricity Regulatory Commission (HERC) issued an order on May 8, 2026 in Petition No. 69 of 2025 - a remand of Petition No. 41 of 2018 - following APTEL's judgment of May 26, 2025 in Appeal No. 85 of 2022, which set aside HERC's tariff order of February 23, 2022 for GI Hydro Private Limited's 110 MW Chuzachen Hydroelectric Project in East Sikkim. APTEL held that HERC wrongly applied HERC MYT Regulations, 2012 retrospectively. HERC is now directed to re-determine tariff for the control period FY 2018-19 to FY 2022-23.
8APTEL pronounces verdict in 8-year-old NTPC tariff dispute against 13 state DISCOMs
The Appellate Tribunal for Electricity (APTEL) issued an order dated May 11, 2026 in Appeal No. 23 of 2018 filed by NTPC Limited against 13 state distribution entities including WBSEDCL, Bihar State Power, Jharkhand Urja Vikas Nigam, Damodar Valley Corporation, GRIDCO, Assam Power Distribution, TANGEDCO, UPPCL, J&K Power Development, PSPCL, BSES Rajdhani and BSES Yamuna. The 8-year-old tariff dispute was heard by the bench of Officiating Chairperson Ms. Seema Gupta and Judicial Member Mr. Virender Bhat at the tribunal's New Delhi headquarters.
8APTEL delivers six-year-old judgment in Rajasthan DISCOM vs D Maruti Clean Coal case
The Appellate Tribunal for Electricity (APTEL) pronounced its judgment in Appeal No. 248 of 2020 on May 11, 2026, in a six-year-old case pitting Rajasthan Urja Vikas Nigam Limited (RUVNL), Ajmer Vidyut Vitran Nigam, Jodhpur Vidyut Vitran Nigam and Jaipur Vidyut Vitran Nigam against the Central Electricity Regulatory Commission (CERC) and D Maruti Clean Coal and Power Limited, Gurugram. PTC India Limited and Prayas Energy Group are also respondents. The bench of Officiating Chairperson Seema Gupta and Judicial Member Virender Bhat delivered the ruling.
8APTEL settles nine-year Tamil Nadu Spinning Mills open access dispute against TNERC and TANGEDCO
The Appellate Tribunal for Electricity (APTEL) on May 11, 2026 issued its judgment in Appeal No. 356 of 2017, filed by Tamil Nadu Spinning Mills Association (TSMA, Dindigul) challenging TNERC's order dated August 11, 2017 in T.P. No. 01 of 2017 and review order dated March 13, 2018 in R.P. No. 4 of 2017. TANGEDCO is Respondent No. 2. The case involved regulatory treatment of spinning mills under open access provisions in Tamil Nadu. The nine-year-old appeal was decided by Officiating Chairperson Seema Gupta and Judicial Member Virender Bhat.
8GERC approves Rs. 2.95 per unit tariff ceiling for PM-KUSUM solar under PGVCL petition
Gujarat Electricity Regulatory Commission (GERC) received Petition No. 2601 of 2026 from Paschim Gujarat Vij Company Limited (PGVCL) seeking adoption of tariff discovered through a reverse bidding process with a ceiling of Rs. 2.95 per unit, under Section 63 of the Electricity Act, 2003. The petition relates to purchase of power from decentralised ground/stilt-mounted grid-connected solar plants under Component-A of the PM-KUSUM scheme. The bid ceiling tariff is a continuation of the Commission's earlier order dated May 6, 2025 in Petition No. 2247 of 2023.
8TNERC issues order in Hindustan Unilever vs TNPDCL dispute over Kodaikanal distribution
Tamil Nadu Electricity Regulatory Commission (TNERC) issued an order dated May 12, 2026 in MP No. 46 of 2025, in the matter of Hindustan Unilever Limited (Kodaikanal) versus Tamil Nadu Power Distribution Corporation Limited (TNPDCL). The petition involved regulatory relief sought under the Electricity Act, 2003. TNERC Chairman Thiru R. Manivannan and Member Thiru K. Venkatesan presided, with TNPDCL's Dindugal Electricity Distribution Circle and the Revenue Controller also listed as respondents. The order marks TNERC's active adjudication of consumer-distribution disputes in Tamil Nadu.
8HPERC decides Dera Hydro Power's review petition on May 12 after six-month proceedings
The Himachal Pradesh Electricity Regulatory Commission (HPERC) decided Petition No. 251 of 2025 filed by M/s Dera Hydro Power Private Limited, a Shimla-based entity, on May 12, 2026. The review petition was instituted on November 10, 2025, arguments were heard on April 1, 2026, and the order was delivered by the two-member bench of Member (Law)-cum-Chairman Yashwant Singh Chogal and Member Shashi Kant Joshi. The decision concludes a regulatory review process that has been pending before HPERC for approximately six months in the small hydro segment.
REGULATORY PETITION & REVIEW
8HERC admits SJVN's Rs. 250 MW / 500 MWh BESS tariff adoption petition; hearing fixed for May 14
The Haryana Electricity Regulatory Commission (HERC) at Panchkula admitted Petition No. 28 of 2026 filed by SJVN Limited under Section 63 of the Electricity Act, 2003 for adoption of tariff discovered through competitive bidding for setting up a 250 MW / 500 MWh Standalone Battery Energy Storage System (BESS) in Haryana. UHBVNL is the principal respondent, with Hardi Hydro Energy Pvt. Limited also named. The Commission fixed the next date of hearing for May 14, 2026 at 11:30 AM, with notices to be issued to all parties before the hearing.
8PSERC admits PSPCL's Voluntary Disclosure Scheme petition for agriculture tubewell consumers
The Punjab State Electricity Regulatory Commission (PSERC), Chandigarh, admitted Petition No. 33 of 2026 filed by Punjab State Power Corporation Limited (PSPCL) seeking introduction of a Voluntary Disclosure Scheme for Agriculture (AP) tubewell consumers under Section 181(u) of the Electricity Act, 2003 and Regulation 68 of Supply Code 2024. The VDS aims to encourage voluntary regularisation of unauthorised loads. The Commission fixed hearing for May 20, 2026 at 11:30 AM. The order was signed by Member Ravi Kumar and Member-cum-Chairman Ravinder Singh Saini.
8PSERC admits PSPCL's FPPAS true-up petition for FY 2025-26; June 3 hearing fixed
The Punjab State Electricity Regulatory Commission (PSERC) admitted Petition No. 34 of 2026 filed by PSPCL for true-up of Fuel & Power Purchase Adjustment Surcharge (FPPAS) for FY 2025-26 under Sections 62 and 86 of the Electricity Act, 2003 read with Regulation 47 of PSERC Tariff Regulations, 2022. PSPCL also prayed that true-up of FPPAS be allowed to proceed alongside the annual tariff petition in years with no FPPAS levy. The Commission admitted the petition and fixed hearing for June 3, 2026 at 11:30 AM.
8UPERC admits UPPCL petition to revise hydropower bidding documents for 50 MW to 4,000 MW projects
The Uttar Pradesh Electricity Regulatory Commission (UPERC) admitted Petition No. 2369 of 2026 filed by UP Power Corporation Limited (UPPCL) seeking modification of bidding documents for procurement of hydropower in the contracted capacity range of 50 MW to 4,000 MW for 25 to 40 years. The petition seeks amendment to UPERC orders dated February 6, 2026, February 11, 2025 and July 4, 2025. UPPCL has prayed for approval of RFP and draft hydropower documents with specific additional deviations, signalling a fresh push on long-term hydro procurement.
8UPERC hears B&G Renewable Energy plea to refer non-tariff UPPCL disputes to arbitration
The Uttar Pradesh Electricity Regulatory Commission (UPERC) heard an interim application in Petition No. 2332 of 2025 filed by M/s B&G Renewable Energy Pvt. Limited, M/s Nirgajini Hydel Project Pvt. Limited and M/s Salawa Hydel Project Pvt. Limited - all registered at Nungambakkam, Chennai - seeking referral to arbitration of non-tariff disputes arising from Power Purchase Agreements under Clause 17.3.2, against respondents UPPCL and UPRVUNL. The matter was heard on May 11, 2026 before Chairman Arvind Kumar and Member Sanjay Kumar Singh.
8CSERC takes up Shri Bajrang Power exemption plea on dedicated feeder for solar open access
Chhattisgarh State Electricity Regulatory Commission (CSERC) took up Petition No. 11 of 2026 filed by M/s Shri Bajrang Power & Ispat Limited seeking exemption from the requirement of a dedicated feeder to avail open access for solar PV power at its iron ore mines in Borjhara, Raipur. The petition invokes Clause 5(5) of CSERC (Connectivity and Intra-State Open Access) Regulations, 2011 and amended Regulations, 2012, with Chhattisgarh State Power Distribution Company Limited as respondent. The case reflects growing industrial demand for flexible solar open access.
8Gokul Agro seeks GERC shield on Rs. 50 lakh GETCO bank guarantee as 10 MW solar project hits land litigation
Gokul Agro Resources Limited moved the Gujarat Electricity Regulatory Commission against possible encashment of its Rs. 50 lakh bank guarantee furnished to Gujarat Energy Transmission Corporation Limited for a 10 MW AC solar power plant at Dalpura, Danta, Banaskantha. GETCO had granted Stage-II connectivity on October 31, 2024, with project completion deadline falling on October 31, 2025. The petitioner told GERC that land possession was blocked by title litigation before the Civil Court at Palanpur and obstruction by more than 400 individuals.
8V Grown Tech seeks GERC SCOD extension on 20 MW captive solar project near Gir forest eco-zone
V Grown Tech Pvt. Limited sought an extension from GERC for infrastructure linked to its 20 MW captive solar power plant at Nana Samdhiyala village in Gir Somnath, to be evacuated through GETCO's 66 kV Luvari Mori substation. The company, already operating 55 MW of captive solar capacity, said the new project received GEDA provisional registration on December 20, 2024 and GETCO Stage-I/II connectivity on January 31, 2025. The delay arose after forest authorities raised objections because the land falls within 10 km of the Gir eco-sensitive zone.
8Samarth Diamond claims Rs. 35 lakh loss as UGVCL denies set-off for 4.47 lakh wind units
Samarth Diamond approached GERC seeking set-off of 4,47,649 units injected into the grid from March 2025 to August 2025 from its 0.80 MW captive wind power project. The petitioner, an HT consumer of UGVCL with 600 kVA contract demand, said it had secured GEDA's five-year extension on December 12, 2024 and executed fresh transmission and wheeling agreements with GETCO and UGVCL in August 2025, valid up to March 16, 2030. Samarth Diamond claimed denial of set-off caused an estimated financial loss of about Rs. 35 lakh.
8KEI Industries challenges UGVCL demand charges on deemed 4,200 kVA supply; GERC grants reply window
KEI Industries Limited filed a GERC petition against Uttar Gujarat Vij Company Limited and GETCO, seeking a declaration that the 180-day supply timeline under Gujarat's SOP and Supply Code should be counted from the date of payment of UGVCL's final estimate. The company also sought refund of excess minimum demand charges allegedly recovered by UGVCL on a deemed release of 4,200 kVA power demand. GERC heard the matter on May 11, 2026 and directed respondents to file replies within four weeks, with KEI allowed three weeks for rejoinder.
8UPERC admits petition under open access and intra-state transmission regulations
The Uttar Pradesh Electricity Regulatory Commission (UPERC), under the bench of Chairman Arvind Kumar and Member Sanjay Kumar Singh, admitted Petition No. 2223 of 2025 filed under Regulations 20 and 21 of the UPERC (Grant of Connectivity to Intra-State Transmission System) Regulations, 2010, and Regulation 38 of the UPERC (Terms and Conditions for Open Access) Regulations, 2019. The petition concerns transmission system connectivity rights and is linked to Regulation 57 of the State's electricity regulatory framework, marking a procedural step in UP's evolving open access landscape.
8La Opala RG moves UERC against UPCL for refund of excess security deposit
M/s La Opala RG Limited, operating from Plot No. B-108, ESIP, Sitarganj in Udham Singh Nagar, Uttarakhand, filed Misc. Application No. 14 of 2026 before the Uttarakhand Electricity Regulatory Commission (UERC) seeking refund of surplus security deposit lying with Uttarakhand Power Corporation Limited (UPCL) in excess of prescribed limits under applicable regulations and tariff orders. The petition is directed against the Managing Director of UPCL and raises a consumer rights issue around alleged arbitrary retention of security funds by the state-owned distribution utility.
OPEN ACCESS & WHEELING CHARGES
8TNERC releases draft Multi-Year Tariff Regulations 2026 introducing new control period framework
Tamil Nadu Electricity Regulatory Commission (TNERC) released a draft of its Tamil Nadu Electricity Regulatory Commission (Multi Year Tariff for Distribution) Regulations, 2026 for public consultation. The draft, published from TNERC's Chennai office, introduces a structured Multi-Year Tariff (MYT) framework for distribution licensees, covering specific variable trajectories, petition timelines and a defined control period. The regulations will govern Tamil Nadu's distribution utilities including TNPDCL and are expected to significantly reshape the state's retail power tariff methodology once finalised.
8UERC publishes Draft Resource Adequacy Regulations 2026 to secure Uttarakhand's power future
The Uttarakhand Electricity Regulatory Commission (UERC), exercising powers under Sections 61, 66 and 86 of the Electricity Act, 2003, released the complete draft notification text of UERC (Framework for Resource Adequacy) Regulations, 2026. Demand forecast obligations including the Partial End Use Method (PEUM) are embedded in the draft, with Annexure-II specifying a standardised Demand Forecast Summary format for DISCOMs covering energy sales by consumer category, distribution losses and peak load projections up to year n+10. Public comments have been invited.
8HPERC proposes amendments to 2017 RE Tariff Regulations aligning with CERC 2024 framework
The Himachal Pradesh Electricity Regulatory Commission (HPERC) issued Notification No. HPERC/428 on May 12, 2026, proposing amendments to the HPERC (Promotion of Generation from Renewable Energy Sources and Terms and Conditions for Tariff Determination) Regulations, 2017 to align with the CERC (Terms and Conditions for Tariff Determination from Renewable Energy Sources) Regulations, 2024, notified in the Gazette of India on July 16, 2024. The amendments are framed under Sections 61, 62, 86 and 181 of the Electricity Act, 2003.
8DERC amends C&AG auditor bid terms for BSES Rajdhani and BSES Yamuna enforcement sales audit
The Delhi Electricity Regulatory Commission (DERC) issued a corrigendum following a pre-bid meeting on April 30, 2026, amending its bid for appointment of C&AG empanelled auditors to verify, reconcile and finalise enforcement sales of BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) for FY 2007-08 to FY 2023-24 per the Supreme Court's judgment of October 18, 2022. Bid submission deadline extended to June 1, 2026 at 17:00 hrs; technical bid opening fixed for June 4, 2026 at 11:30 hrs. Details
8HERC must re-determine 110 MW Chuzachen hydro tariff after APTEL sets aside retrospective MYT application
The Haryana Electricity Regulatory Commission (HERC) issued an order on May 8, 2026 in Petition No. 69 of 2025 - a remand of Petition No. 41 of 2018 - following APTEL's judgment of May 26, 2025 in Appeal No. 85 of 2022, which set aside HERC's tariff order of February 23, 2022 for GI Hydro Private Limited's 110 MW Chuzachen Hydroelectric Project in East Sikkim. APTEL held that HERC wrongly applied HERC MYT Regulations, 2012 retrospectively. HERC is now directed to re-determine tariff for the control period FY 2018-19 to FY 2022-23.
8APTEL pronounces verdict in 8-year-old NTPC tariff dispute against 13 state DISCOMs
The Appellate Tribunal for Electricity (APTEL) issued an order dated May 11, 2026 in Appeal No. 23 of 2018 filed by NTPC Limited against 13 state distribution entities including WBSEDCL, Bihar State Power, Jharkhand Urja Vikas Nigam, Damodar Valley Corporation, GRIDCO, Assam Power Distribution, TANGEDCO, UPPCL, J&K Power Development, PSPCL, BSES Rajdhani and BSES Yamuna. The 8-year-old tariff dispute was heard by the bench of Officiating Chairperson Ms. Seema Gupta and Judicial Member Mr. Virender Bhat at the tribunal's New Delhi headquarters.
8APTEL delivers six-year-old judgment in Rajasthan DISCOM vs D Maruti Clean Coal case
The Appellate Tribunal for Electricity (APTEL) pronounced its judgment in Appeal No. 248 of 2020 on May 11, 2026, in a six-year-old case pitting Rajasthan Urja Vikas Nigam Limited (RUVNL), Ajmer Vidyut Vitran Nigam, Jodhpur Vidyut Vitran Nigam and Jaipur Vidyut Vitran Nigam against the Central Electricity Regulatory Commission (CERC) and D Maruti Clean Coal and Power Limited, Gurugram. PTC India Limited and Prayas Energy Group are also respondents. The bench of Officiating Chairperson Seema Gupta and Judicial Member Virender Bhat delivered the ruling.
8APTEL settles nine-year Tamil Nadu Spinning Mills open access dispute against TNERC and TANGEDCO
The Appellate Tribunal for Electricity (APTEL) on May 11, 2026 issued its judgment in Appeal No. 356 of 2017, filed by Tamil Nadu Spinning Mills Association (TSMA, Dindigul) challenging TNERC's order dated August 11, 2017 in T.P. No. 01 of 2017 and review order dated March 13, 2018 in R.P. No. 4 of 2017. TANGEDCO is Respondent No. 2. The case involved regulatory treatment of spinning mills under open access provisions in Tamil Nadu. The nine-year-old appeal was decided by Officiating Chairperson Seema Gupta and Judicial Member Virender Bhat.
8GERC approves Rs. 2.95 per unit tariff ceiling for PM-KUSUM solar under PGVCL petition
Gujarat Electricity Regulatory Commission (GERC) received Petition No. 2601 of 2026 from Paschim Gujarat Vij Company Limited (PGVCL) seeking adoption of tariff discovered through a reverse bidding process with a ceiling of Rs. 2.95 per unit, under Section 63 of the Electricity Act, 2003. The petition relates to purchase of power from decentralised ground/stilt-mounted grid-connected solar plants under Component-A of the PM-KUSUM scheme. The bid ceiling tariff is a continuation of the Commission's earlier order dated May 6, 2025 in Petition No. 2247 of 2023.
8TNERC issues order in Hindustan Unilever vs TNPDCL dispute over Kodaikanal distribution
Tamil Nadu Electricity Regulatory Commission (TNERC) issued an order dated May 12, 2026 in MP No. 46 of 2025, in the matter of Hindustan Unilever Limited (Kodaikanal) versus Tamil Nadu Power Distribution Corporation Limited (TNPDCL). The petition involved regulatory relief sought under the Electricity Act, 2003. TNERC Chairman Thiru R. Manivannan and Member Thiru K. Venkatesan presided, with TNPDCL's Dindugal Electricity Distribution Circle and the Revenue Controller also listed as respondents. The order marks TNERC's active adjudication of consumer-distribution disputes in Tamil Nadu.
8HPERC decides Dera Hydro Power's review petition on May 12 after six-month proceedings
The Himachal Pradesh Electricity Regulatory Commission (HPERC) decided Petition No. 251 of 2025 filed by M/s Dera Hydro Power Private Limited, a Shimla-based entity, on May 12, 2026. The review petition was instituted on November 10, 2025, arguments were heard on April 1, 2026, and the order was delivered by the two-member bench of Member (Law)-cum-Chairman Yashwant Singh Chogal and Member Shashi Kant Joshi. The decision concludes a regulatory review process that has been pending before HPERC for approximately six months in the small hydro segment.
REGULATORY PETITION & REVIEW
8HERC admits SJVN's Rs. 250 MW / 500 MWh BESS tariff adoption petition; hearing fixed for May 14
The Haryana Electricity Regulatory Commission (HERC) at Panchkula admitted Petition No. 28 of 2026 filed by SJVN Limited under Section 63 of the Electricity Act, 2003 for adoption of tariff discovered through competitive bidding for setting up a 250 MW / 500 MWh Standalone Battery Energy Storage System (BESS) in Haryana. UHBVNL is the principal respondent, with Hardi Hydro Energy Pvt. Limited also named. The Commission fixed the next date of hearing for May 14, 2026 at 11:30 AM, with notices to be issued to all parties before the hearing.
8PSERC admits PSPCL's Voluntary Disclosure Scheme petition for agriculture tubewell consumers
The Punjab State Electricity Regulatory Commission (PSERC), Chandigarh, admitted Petition No. 33 of 2026 filed by Punjab State Power Corporation Limited (PSPCL) seeking introduction of a Voluntary Disclosure Scheme for Agriculture (AP) tubewell consumers under Section 181(u) of the Electricity Act, 2003 and Regulation 68 of Supply Code 2024. The VDS aims to encourage voluntary regularisation of unauthorised loads. The Commission fixed hearing for May 20, 2026 at 11:30 AM. The order was signed by Member Ravi Kumar and Member-cum-Chairman Ravinder Singh Saini.
8PSERC admits PSPCL's FPPAS true-up petition for FY 2025-26; June 3 hearing fixed
The Punjab State Electricity Regulatory Commission (PSERC) admitted Petition No. 34 of 2026 filed by PSPCL for true-up of Fuel & Power Purchase Adjustment Surcharge (FPPAS) for FY 2025-26 under Sections 62 and 86 of the Electricity Act, 2003 read with Regulation 47 of PSERC Tariff Regulations, 2022. PSPCL also prayed that true-up of FPPAS be allowed to proceed alongside the annual tariff petition in years with no FPPAS levy. The Commission admitted the petition and fixed hearing for June 3, 2026 at 11:30 AM.
8UPERC admits UPPCL petition to revise hydropower bidding documents for 50 MW to 4,000 MW projects
The Uttar Pradesh Electricity Regulatory Commission (UPERC) admitted Petition No. 2369 of 2026 filed by UP Power Corporation Limited (UPPCL) seeking modification of bidding documents for procurement of hydropower in the contracted capacity range of 50 MW to 4,000 MW for 25 to 40 years. The petition seeks amendment to UPERC orders dated February 6, 2026, February 11, 2025 and July 4, 2025. UPPCL has prayed for approval of RFP and draft hydropower documents with specific additional deviations, signalling a fresh push on long-term hydro procurement.
8UPERC hears B&G Renewable Energy plea to refer non-tariff UPPCL disputes to arbitration
The Uttar Pradesh Electricity Regulatory Commission (UPERC) heard an interim application in Petition No. 2332 of 2025 filed by M/s B&G Renewable Energy Pvt. Limited, M/s Nirgajini Hydel Project Pvt. Limited and M/s Salawa Hydel Project Pvt. Limited - all registered at Nungambakkam, Chennai - seeking referral to arbitration of non-tariff disputes arising from Power Purchase Agreements under Clause 17.3.2, against respondents UPPCL and UPRVUNL. The matter was heard on May 11, 2026 before Chairman Arvind Kumar and Member Sanjay Kumar Singh.
8CSERC takes up Shri Bajrang Power exemption plea on dedicated feeder for solar open access
Chhattisgarh State Electricity Regulatory Commission (CSERC) took up Petition No. 11 of 2026 filed by M/s Shri Bajrang Power & Ispat Limited seeking exemption from the requirement of a dedicated feeder to avail open access for solar PV power at its iron ore mines in Borjhara, Raipur. The petition invokes Clause 5(5) of CSERC (Connectivity and Intra-State Open Access) Regulations, 2011 and amended Regulations, 2012, with Chhattisgarh State Power Distribution Company Limited as respondent. The case reflects growing industrial demand for flexible solar open access.
8Gokul Agro seeks GERC shield on Rs. 50 lakh GETCO bank guarantee as 10 MW solar project hits land litigation
Gokul Agro Resources Limited moved the Gujarat Electricity Regulatory Commission against possible encashment of its Rs. 50 lakh bank guarantee furnished to Gujarat Energy Transmission Corporation Limited for a 10 MW AC solar power plant at Dalpura, Danta, Banaskantha. GETCO had granted Stage-II connectivity on October 31, 2024, with project completion deadline falling on October 31, 2025. The petitioner told GERC that land possession was blocked by title litigation before the Civil Court at Palanpur and obstruction by more than 400 individuals.
8V Grown Tech seeks GERC SCOD extension on 20 MW captive solar project near Gir forest eco-zone
V Grown Tech Pvt. Limited sought an extension from GERC for infrastructure linked to its 20 MW captive solar power plant at Nana Samdhiyala village in Gir Somnath, to be evacuated through GETCO's 66 kV Luvari Mori substation. The company, already operating 55 MW of captive solar capacity, said the new project received GEDA provisional registration on December 20, 2024 and GETCO Stage-I/II connectivity on January 31, 2025. The delay arose after forest authorities raised objections because the land falls within 10 km of the Gir eco-sensitive zone.
8Samarth Diamond claims Rs. 35 lakh loss as UGVCL denies set-off for 4.47 lakh wind units
Samarth Diamond approached GERC seeking set-off of 4,47,649 units injected into the grid from March 2025 to August 2025 from its 0.80 MW captive wind power project. The petitioner, an HT consumer of UGVCL with 600 kVA contract demand, said it had secured GEDA's five-year extension on December 12, 2024 and executed fresh transmission and wheeling agreements with GETCO and UGVCL in August 2025, valid up to March 16, 2030. Samarth Diamond claimed denial of set-off caused an estimated financial loss of about Rs. 35 lakh.
8KEI Industries challenges UGVCL demand charges on deemed 4,200 kVA supply; GERC grants reply window
KEI Industries Limited filed a GERC petition against Uttar Gujarat Vij Company Limited and GETCO, seeking a declaration that the 180-day supply timeline under Gujarat's SOP and Supply Code should be counted from the date of payment of UGVCL's final estimate. The company also sought refund of excess minimum demand charges allegedly recovered by UGVCL on a deemed release of 4,200 kVA power demand. GERC heard the matter on May 11, 2026 and directed respondents to file replies within four weeks, with KEI allowed three weeks for rejoinder.
8UPERC admits petition under open access and intra-state transmission regulations
The Uttar Pradesh Electricity Regulatory Commission (UPERC), under the bench of Chairman Arvind Kumar and Member Sanjay Kumar Singh, admitted Petition No. 2223 of 2025 filed under Regulations 20 and 21 of the UPERC (Grant of Connectivity to Intra-State Transmission System) Regulations, 2010, and Regulation 38 of the UPERC (Terms and Conditions for Open Access) Regulations, 2019. The petition concerns transmission system connectivity rights and is linked to Regulation 57 of the State's electricity regulatory framework, marking a procedural step in UP's evolving open access landscape.
8La Opala RG moves UERC against UPCL for refund of excess security deposit
M/s La Opala RG Limited, operating from Plot No. B-108, ESIP, Sitarganj in Udham Singh Nagar, Uttarakhand, filed Misc. Application No. 14 of 2026 before the Uttarakhand Electricity Regulatory Commission (UERC) seeking refund of surplus security deposit lying with Uttarakhand Power Corporation Limited (UPCL) in excess of prescribed limits under applicable regulations and tariff orders. The petition is directed against the Managing Director of UPCL and raises a consumer rights issue around alleged arbitrary retention of security funds by the state-owned distribution utility.
OPEN ACCESS & WHEELING CHARGES
8TNERC releases draft Multi-Year Tariff Regulations 2026 introducing new control period framework
Tamil Nadu Electricity Regulatory Commission (TNERC) released a draft of its Tamil Nadu Electricity Regulatory Commission (Multi Year Tariff for Distribution) Regulations, 2026 for public consultation. The draft, published from TNERC's Chennai office, introduces a structured Multi-Year Tariff (MYT) framework for distribution licensees, covering specific variable trajectories, petition timelines and a defined control period. The regulations will govern Tamil Nadu's distribution utilities including TNPDCL and are expected to significantly reshape the state's retail power tariff methodology once finalised.
8UERC publishes Draft Resource Adequacy Regulations 2026 to secure Uttarakhand's power future
The Uttarakhand Electricity Regulatory Commission (UERC), exercising powers under Sections 61, 66 and 86 of the Electricity Act, 2003, released the complete draft notification text of UERC (Framework for Resource Adequacy) Regulations, 2026. Demand forecast obligations including the Partial End Use Method (PEUM) are embedded in the draft, with Annexure-II specifying a standardised Demand Forecast Summary format for DISCOMs covering energy sales by consumer category, distribution losses and peak load projections up to year n+10. Public comments have been invited.
8HPERC proposes amendments to 2017 RE Tariff Regulations aligning with CERC 2024 framework
The Himachal Pradesh Electricity Regulatory Commission (HPERC) issued Notification No. HPERC/428 on May 12, 2026, proposing amendments to the HPERC (Promotion of Generation from Renewable Energy Sources and Terms and Conditions for Tariff Determination) Regulations, 2017 to align with the CERC (Terms and Conditions for Tariff Determination from Renewable Energy Sources) Regulations, 2024, notified in the Gazette of India on July 16, 2024. The amendments are framed under Sections 61, 62, 86 and 181 of the Electricity Act, 2003.
8DERC amends C&AG auditor bid terms for BSES Rajdhani and BSES Yamuna enforcement sales audit
The Delhi Electricity Regulatory Commission (DERC) issued a corrigendum following a pre-bid meeting on April 30, 2026, amending its bid for appointment of C&AG empanelled auditors to verify, reconcile and finalise enforcement sales of BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) for FY 2007-08 to FY 2023-24 per the Supreme Court's judgment of October 18, 2022. Bid submission deadline extended to June 1, 2026 at 17:00 hrs; technical bid opening fixed for June 4, 2026 at 11:30 hrs. Details
NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE
May 13:
QUARTERLY RESULTS
8Tata Power Q4 FY26 PAT rises 8% YoY to Rs. 1,416 crore; FY26 annual PAT hits all-time high of Rs. 5,118 crore
Tata Power Company Limited (BSE: 500400) reported an all-time high annual PAT of Rs. 5,118 crore for FY26, up 7% year-on-year, alongside Q4 FY26 PAT of Rs. 1,416 crore (up 8% YoY). FY26 revenue stood at Rs. 63,681 crore and EBITDA grew 11% to Rs. 16,090 crore. Core business PAT grew 34% YoY, while Solar Manufacturing PAT doubled to Rs. 857 crore. The company commissioned 2.5 GW of renewable capacity during FY26.
8Torrent Power Q4 FY26 TCI plunges 62% to Rs. 408 crore; full-year EBITDA improves to Rs. 5,864 crore
Torrent Power Limited (BSE: 532779) reported Q4 FY26 revenue of Rs. 6,406 crore against Rs. 6,456 crore a year ago and full-year revenue of Rs. 28,966 crore. Q4 Total Comprehensive Income (TCI) fell sharply to Rs. 408 crore from Rs. 1,085 crore, impacted by a one-time deferred tax reversal of Rs. 637 crore in the prior year. Adjusting for this, underlying TCI improved by Rs. 92 crore. Full-year EBITDA improved to Rs. 5,864 crore, with Net Debt:EBITDA at 2.06x.
8Atlanta Electricals Q4 FY26 revenue jumps 82% YoY to Rs. 7.5 billion; PAT surges 129% to Rs. 1 billion
Atlanta Electricals (NSE: ATLANTAE) beat MOFSL estimates on all parameters in Q4 FY26, with revenue surging 82% YoY to Rs. 7.5 billion, a 24% beat. EBITDA jumped 118% YoY to Rs. 1.5 billion with EBITDA margin expanding 330 bps to 20%, while PAT rose 129% YoY to Rs. 1 billion. Order inflow for Q4 was Rs. 7.3 billion and the full-year order book stands at Rs. 26 billion, largely for FY27 execution. MOFSL reiterated BUY with a revised target price of Rs. 1,950.
8IND Renewable Energy reports nil revenue for third consecutive quarter ended December 2025
IND Renewable Energy Limited (BSE: 536709, formerly Vakharia Powerinfrastructure) disclosed unaudited standalone financial results for the quarter ended December 31, 2025, showing nil revenue from operations for the third consecutive quarter. Other income was also nil for the quarter and the nine-month period. The board meeting held on May 12, 2026 commenced at 6:00 PM and concluded at 7:15 PM. Results were approved and filed with BSE under Regulation 30 of SEBI Listing Regulations, 2015.
8DVC clocks 40,103 MU in FY26 with record 33.3 MU solar and 6 MMT captive coal output
Damodar Valley Corporation (DVC) reported total power generation of 40,103 MU in FY 2025-26, comprising 39,719 MU thermal, 351 MU hydel, and a record 33.3 MU solar - the highest solar generation in the corporation's history. Hydel output of 351 MU exceeded its 280 MU target. DVC achieved a record 6 MMT of coal excavation from its captive mine at Tubed, Latehar, and secured fresh mines with cumulative capacity of 53 MMT, including Mahuagarhi and Mandakini-B. It also commissioned India's first real-time ULDC Phase-III Load Despatch Centre.
ANNUAL RESULTS
8Torrent Power commits over Rs. 30,000 crore for 3 GW thermal expansion; eyes Nabha Power 1,400 MW takeover
Torrent Power Limited (BSE: 532779) Managing Director Jinal Mehta announced a commitment of over Rs. 30,000 crore for 3 GW of new thermal capacity, including a 1,600 MW project in Madhya Pradesh and acquisition of the 1,400 MW Nabha Power. Full-year FY26 revenue stood at Rs. 28,966 crore with EBITDA improving to Rs. 5,864 crore and disciplined Net Debt:EBITDA of 2.06x. The board separately approved final dividend of Rs. 5 per share, taking the FY26 payout to Rs. 20 per share or 200%.
8Tata Power renewables portfolio reaches 11.6 GW including 5.1 GW under construction at FY26 close
Tata Power Company Limited's renewables portfolio expanded to 11.6 GW at the end of FY 2025-26, comprising operational capacity and 5.1 GW under construction. The company commissioned 2.5 GW of renewable capacity during FY26. Revenue stood at Rs. 63,681 crore, EBITDA grew 11% to Rs. 16,090 crore, and PAT hit an all-time high of Rs. 5,118 crore. The board declared a dividend of Rs. 2.50 per share. Rooftop Solar PAT surged 150% YoY to Rs. 499 crore, while the T&D business posted Rs. 2,978 crore in PAT, up 49%.
DIVIDEND & BOARD DECISIONS
8Torrent Power board clears Rs. 10,000 crore NCD issuance and Rs. 5 final dividend; FY26 payout at Rs. 20 per share
Torrent Power Limited's (BSE: 532779) board meeting on May 12, 2026 approved three major actions: audited Q4 and FY 2025-26 financial results with unmodified auditor opinion; a final dividend of Rs. 5 per equity share on 50.39 crore shares, payable by September 2, 2026, in addition to Rs. 15 interim dividend already paid in Q4 - taking the full-year payout to Rs. 20 per share or 200%; and raising up to Rs. 10,000 crore through Non-Convertible Debentures (NCDs).
8Tata Power board approves Rs. 2.50 per share dividend after all-time high FY26 PAT of Rs. 5,118 crore
Tata Power Company Limited (BSE: 500400) declared a dividend of Rs. 2.50 per equity share for FY 2025-26 after posting an all-time high annual PAT of Rs. 5,118 crore, up 7% YoY. The board also reviewed segment performance with Solar Manufacturing PAT at Rs. 857 crore, Rooftop Solar at Rs. 499 crore, T&D at Rs. 2,978 crore, and Odisha DISCOMs at Rs. 809 crore. Revenue stood at Rs. 63,681 crore, EBITDA grew 11% to Rs. 16,090 crore, and the renewables portfolio reached 11.6 GW.
8Tata Power appoints Ms. Nishi Vasudeva as Independent Director on board
Tata Power Company Limited (BSE: 500400) disclosed the appointment of Ms. Nishi Vasudeva as an Independent Director on its board, filed with BSE and NSE on May 12, 2026 under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The appointment reinforces Tata Power's corporate governance commitments as the company navigates an aggressive multi-segment renewable expansion, with FY26 revenue of Rs. 63,681 crore and a renewables portfolio of 11.6 GW including 5.1 GW under construction.
8ACME Solar shareholders to vote on ESOP 2024 amendment and stock options for subsidiary employees
ACME Solar Holdings Limited (BSE: 544283, NSE: ACMESOLAR) circulated a Postal Ballot Notice dated May 7, 2026 seeking shareholder approval for two special resolutions: amendments to the ACME Employee Stock Option Plan 2024, and grant of stock options to employees of subsidiary and holding companies under the plan. E-voting via KFin Technologies opens on May 14, 2026 at 9:00 AM IST, with the record date set at May 8, 2026. Electronic notice was dispatched to shareholders registered with the Depositories.
8Adani Enterprises warns of imminent transfer of unclaimed FY 2018-19 shares to IEPF Suspense Account
Adani Enterprises Limited (BSE: 512599, NSE: ADANIENT) issued newspaper advertisements in Financial Express (Gujarati) and Indian Express (English) notifying equity shareholders about the impending transfer of FY 2018-19 unclaimed shares to the Investors Education & Protection Fund (IEPF) Suspense Account under IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Company Secretary Jatin Jalundhwala filed the disclosure, with individual notices already dispatched via Speed Post to affected shareholders ahead of the statutory cut-off.
EARNINGS CALL & ANALYST MEET
8Power Grid Corporation schedules analyst and institutional investor meet in Mumbai on May 18 post Q4 FY26 results
Power Grid Corporation of India Limited (BSE: 532898, NSE: POWERGRID), India's central transmission utility, announced an Analysts' and Institutional Investors' Meet for Monday, May 18, 2026 at 11:30 AM IST in Mumbai. Senior management will discuss the company's business and financial outlook post declaration of audited results for Q4 and FY 2025-26 ended March 31, 2026. Company Secretary Satyaprakash Dash filed the intimation under Regulation 30 of SEBI Listing Regulations from POWERGRID's headquarters at Saudamini, Sector-29, Gurugram.
8GE Vernova T&D India sets Q4 FY26 earnings conference call for May 19 at 4 PM IST
GE Vernova T&D India Limited (BSE: 522275, NSE: GVT&D), formerly GE T&D India Limited, disclosed under Regulation 30 of SEBI Listing Regulations that an Earnings Conference Call for analysts and institutional investors is scheduled for Tuesday, May 19, 2026 at 4:00 PM IST. The call will cover audited Q4 and full-year FY 2025-26 financial results. Company Secretary Shweta Mehta filed the intimation, with details hosted on the company's website. The call positions GE Vernova T&D India as a key listed play on India's transmission capex cycle.
8GE Power India makes Q4 FY26 earnings call audio publicly available on gevernova.com
GE Power India Limited (BSE: 532309, NSE: GVPIL) informed exchanges under Regulation 30 of SEBI Listing Regulations that the audio recording of its Earnings Conference Call held on May 12, 2026 at 10:00 AM is accessible at gevernova.com. Managing Director Puneet Bhatla signed the disclosure. This follows an earlier letter dated May 11, 2026 sharing the earnings presentation with the exchanges, completing the company's Q4 FY26 investor communication cycle for institutional and retail shareholders alike.
8ACME Solar schedules back-to-back investor meetings in Mumbai, Singapore and Hong Kong in May 2026
ACME Solar Holdings Limited (BSE: 544283, NSE: ACMESOLAR) filed an intimation under Regulation 30 of SEBI Listing Regulations informing that senior management will participate in physical 1x1 and group investor meetings in Mumbai on May 15, Singapore on May 20-21, and Hong Kong on May 22, 2026. The company's investor presentation is accessible at acmesolar.in. The intensive international roadshow signals active capital-market engagement ahead of potential fundraising and reinforces ACME Solar's positioning as a listed Indian renewable energy pure-play.
CREDIT RATING & ANALYST REPORT
8CareEdge places Rs. 414.28 crore CARE AA debt of Avaada Solarise Energy on Rating Watch in restricted group merger
CareEdge Ratings placed the CARE AA rating on Rs. 414.28 crore of long-term bank facilities of Avaada Solarise Energy Private Limited on Rating Watch with Developing Implications. ASE is part of the Avaada Restricted Group with Fermi Solarfarms and Clean Sustainable Energy, bound by a cash pooling agreement with cross-default clauses and joint and several debt servicing liability. The rating action reflects the proposed amalgamation into Avaada Sunshine Energy Private Limited. NCLT interim approval is in place; final NCLT and MCA approvals are awaited.
8CareEdge puts Rs. 303.36 crore Fermi Solarfarms CARE AA debt on Rating Watch in Rs. 953.69 crore group action
CareEdge Ratings placed the CARE AA rating on Rs. 303.36 crore of long-term bank facilities of Fermi Solarfarms Private Limited on Rating Watch with Developing Implications. Together with Clean Sustainable Energy (Rs. 236.05 crore) and Avaada Solarise Energy (Rs. 414.28 crore), the Avaada Restricted Group carries combined rated debt of Rs. 953.69 crore - all now under Rating Watch. All three entities are wholly owned subsidiaries of Avaada Energy Private Limited and are jointly and severally liable under a cash pooling structure. Merger into Avaada Sunshine Energy awaits final NCLT approval.
8CareEdge places Rs. 191.48 crore Avaada Clean Sustainable Energy CARE A debt on Rating Watch amid 12-entity merger
CareEdge Ratings placed the CARE A rating on Rs. 191.48 crore of long-term bank facilities of Avaada Clean Sustainable Energy Private Limited on Rating Watch with Developing Implications. ACSE operates a 50 MWac / 70 MWp solar power project in Bihar with a Plant Load Factor of 23.1% in FY25, broadly in line with P90 of 23.5%, and a DSCR of about 1.3x. The Rating Watch reflects a proposed amalgamation of ACSE and 11 other entities into Avaada Sunshine Energy Private Limited, with NCLT interim approval received and final approvals expected within months.
8CareEdge places Rs. 236.05 crore Clean Sustainable Energy CARE AA debt on Watch pending NCLT amalgamation nod
CareEdge Ratings placed the CARE AA rating on Rs. 236.05 crore of long-term bank facilities of Clean Sustainable Energy Private Limited on Rating Watch with Developing Implications. CSEPL is part of the Avaada Restricted Group with Fermi Solarfarms and Avaada Solarise, linked through an unconditional, irrevocable cash pooling agreement with a T-minus structured payment mechanism. The proposed merger into Avaada Sunshine Energy Private Limited (rated CARE A-) will result in transfer of rated limits; final NCLT and MCA approvals are pending.
8CareEdge places Rs. 111.72 crore Avaada Green HN Project CARE A debt on Watch; PLF stable at 17.3%, DSCR at 1.24x
CareEdge Ratings placed the CARE A rating on Rs. 111.72 crore of long-term bank facilities of Avaada Green HN Project Private Limited on Rating Watch with Developing Implications. The project has a track record of over four years with a Plant Load Factor of 17.3% in FY25 versus 16.8% in FY24, and 17.1% for 9M FY26, with average receivable days of about 35 days. Cumulative DSCR stands at 1.24x. The proposed amalgamation into Avaada Sunshine Energy Private Limited prompted the watch action; approximately six years of tail life provides financial flexibility.
8MOFSL raises Atlanta Electricals target price to Rs. 1,950; FY27 order book at Rs. 26 billion
Motilal Oswal Financial Services (MOFSL) reiterated a BUY rating on Atlanta Electricals (NSE: ATLANTAE) with a revised target price of Rs. 1,950 against a current market price of Rs. 1,718 and market capitalisation of Rs. 132.9 billion. The upgrade follows Q4 FY26 results that beat estimates on all parameters, with revenue surging 82% YoY to Rs. 7.5 billion and PAT rising 129% YoY to Rs. 1 billion. The full-year order book stands at Rs. 26 billion, largely for FY27 execution, supported by upcoming 5,000 MVA IDT transformer capacity by December 2026. Details
8Tata Power Q4 FY26 PAT rises 8% YoY to Rs. 1,416 crore; FY26 annual PAT hits all-time high of Rs. 5,118 crore
Tata Power Company Limited (BSE: 500400) reported an all-time high annual PAT of Rs. 5,118 crore for FY26, up 7% year-on-year, alongside Q4 FY26 PAT of Rs. 1,416 crore (up 8% YoY). FY26 revenue stood at Rs. 63,681 crore and EBITDA grew 11% to Rs. 16,090 crore. Core business PAT grew 34% YoY, while Solar Manufacturing PAT doubled to Rs. 857 crore. The company commissioned 2.5 GW of renewable capacity during FY26.
8Torrent Power Q4 FY26 TCI plunges 62% to Rs. 408 crore; full-year EBITDA improves to Rs. 5,864 crore
Torrent Power Limited (BSE: 532779) reported Q4 FY26 revenue of Rs. 6,406 crore against Rs. 6,456 crore a year ago and full-year revenue of Rs. 28,966 crore. Q4 Total Comprehensive Income (TCI) fell sharply to Rs. 408 crore from Rs. 1,085 crore, impacted by a one-time deferred tax reversal of Rs. 637 crore in the prior year. Adjusting for this, underlying TCI improved by Rs. 92 crore. Full-year EBITDA improved to Rs. 5,864 crore, with Net Debt:EBITDA at 2.06x.
8Atlanta Electricals Q4 FY26 revenue jumps 82% YoY to Rs. 7.5 billion; PAT surges 129% to Rs. 1 billion
Atlanta Electricals (NSE: ATLANTAE) beat MOFSL estimates on all parameters in Q4 FY26, with revenue surging 82% YoY to Rs. 7.5 billion, a 24% beat. EBITDA jumped 118% YoY to Rs. 1.5 billion with EBITDA margin expanding 330 bps to 20%, while PAT rose 129% YoY to Rs. 1 billion. Order inflow for Q4 was Rs. 7.3 billion and the full-year order book stands at Rs. 26 billion, largely for FY27 execution. MOFSL reiterated BUY with a revised target price of Rs. 1,950.
8IND Renewable Energy reports nil revenue for third consecutive quarter ended December 2025
IND Renewable Energy Limited (BSE: 536709, formerly Vakharia Powerinfrastructure) disclosed unaudited standalone financial results for the quarter ended December 31, 2025, showing nil revenue from operations for the third consecutive quarter. Other income was also nil for the quarter and the nine-month period. The board meeting held on May 12, 2026 commenced at 6:00 PM and concluded at 7:15 PM. Results were approved and filed with BSE under Regulation 30 of SEBI Listing Regulations, 2015.
8DVC clocks 40,103 MU in FY26 with record 33.3 MU solar and 6 MMT captive coal output
Damodar Valley Corporation (DVC) reported total power generation of 40,103 MU in FY 2025-26, comprising 39,719 MU thermal, 351 MU hydel, and a record 33.3 MU solar - the highest solar generation in the corporation's history. Hydel output of 351 MU exceeded its 280 MU target. DVC achieved a record 6 MMT of coal excavation from its captive mine at Tubed, Latehar, and secured fresh mines with cumulative capacity of 53 MMT, including Mahuagarhi and Mandakini-B. It also commissioned India's first real-time ULDC Phase-III Load Despatch Centre.
ANNUAL RESULTS
8Torrent Power commits over Rs. 30,000 crore for 3 GW thermal expansion; eyes Nabha Power 1,400 MW takeover
Torrent Power Limited (BSE: 532779) Managing Director Jinal Mehta announced a commitment of over Rs. 30,000 crore for 3 GW of new thermal capacity, including a 1,600 MW project in Madhya Pradesh and acquisition of the 1,400 MW Nabha Power. Full-year FY26 revenue stood at Rs. 28,966 crore with EBITDA improving to Rs. 5,864 crore and disciplined Net Debt:EBITDA of 2.06x. The board separately approved final dividend of Rs. 5 per share, taking the FY26 payout to Rs. 20 per share or 200%.
8Tata Power renewables portfolio reaches 11.6 GW including 5.1 GW under construction at FY26 close
Tata Power Company Limited's renewables portfolio expanded to 11.6 GW at the end of FY 2025-26, comprising operational capacity and 5.1 GW under construction. The company commissioned 2.5 GW of renewable capacity during FY26. Revenue stood at Rs. 63,681 crore, EBITDA grew 11% to Rs. 16,090 crore, and PAT hit an all-time high of Rs. 5,118 crore. The board declared a dividend of Rs. 2.50 per share. Rooftop Solar PAT surged 150% YoY to Rs. 499 crore, while the T&D business posted Rs. 2,978 crore in PAT, up 49%.
DIVIDEND & BOARD DECISIONS
8Torrent Power board clears Rs. 10,000 crore NCD issuance and Rs. 5 final dividend; FY26 payout at Rs. 20 per share
Torrent Power Limited's (BSE: 532779) board meeting on May 12, 2026 approved three major actions: audited Q4 and FY 2025-26 financial results with unmodified auditor opinion; a final dividend of Rs. 5 per equity share on 50.39 crore shares, payable by September 2, 2026, in addition to Rs. 15 interim dividend already paid in Q4 - taking the full-year payout to Rs. 20 per share or 200%; and raising up to Rs. 10,000 crore through Non-Convertible Debentures (NCDs).
8Tata Power board approves Rs. 2.50 per share dividend after all-time high FY26 PAT of Rs. 5,118 crore
Tata Power Company Limited (BSE: 500400) declared a dividend of Rs. 2.50 per equity share for FY 2025-26 after posting an all-time high annual PAT of Rs. 5,118 crore, up 7% YoY. The board also reviewed segment performance with Solar Manufacturing PAT at Rs. 857 crore, Rooftop Solar at Rs. 499 crore, T&D at Rs. 2,978 crore, and Odisha DISCOMs at Rs. 809 crore. Revenue stood at Rs. 63,681 crore, EBITDA grew 11% to Rs. 16,090 crore, and the renewables portfolio reached 11.6 GW.
8Tata Power appoints Ms. Nishi Vasudeva as Independent Director on board
Tata Power Company Limited (BSE: 500400) disclosed the appointment of Ms. Nishi Vasudeva as an Independent Director on its board, filed with BSE and NSE on May 12, 2026 under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The appointment reinforces Tata Power's corporate governance commitments as the company navigates an aggressive multi-segment renewable expansion, with FY26 revenue of Rs. 63,681 crore and a renewables portfolio of 11.6 GW including 5.1 GW under construction.
8ACME Solar shareholders to vote on ESOP 2024 amendment and stock options for subsidiary employees
ACME Solar Holdings Limited (BSE: 544283, NSE: ACMESOLAR) circulated a Postal Ballot Notice dated May 7, 2026 seeking shareholder approval for two special resolutions: amendments to the ACME Employee Stock Option Plan 2024, and grant of stock options to employees of subsidiary and holding companies under the plan. E-voting via KFin Technologies opens on May 14, 2026 at 9:00 AM IST, with the record date set at May 8, 2026. Electronic notice was dispatched to shareholders registered with the Depositories.
8Adani Enterprises warns of imminent transfer of unclaimed FY 2018-19 shares to IEPF Suspense Account
Adani Enterprises Limited (BSE: 512599, NSE: ADANIENT) issued newspaper advertisements in Financial Express (Gujarati) and Indian Express (English) notifying equity shareholders about the impending transfer of FY 2018-19 unclaimed shares to the Investors Education & Protection Fund (IEPF) Suspense Account under IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Company Secretary Jatin Jalundhwala filed the disclosure, with individual notices already dispatched via Speed Post to affected shareholders ahead of the statutory cut-off.
EARNINGS CALL & ANALYST MEET
8Power Grid Corporation schedules analyst and institutional investor meet in Mumbai on May 18 post Q4 FY26 results
Power Grid Corporation of India Limited (BSE: 532898, NSE: POWERGRID), India's central transmission utility, announced an Analysts' and Institutional Investors' Meet for Monday, May 18, 2026 at 11:30 AM IST in Mumbai. Senior management will discuss the company's business and financial outlook post declaration of audited results for Q4 and FY 2025-26 ended March 31, 2026. Company Secretary Satyaprakash Dash filed the intimation under Regulation 30 of SEBI Listing Regulations from POWERGRID's headquarters at Saudamini, Sector-29, Gurugram.
8GE Vernova T&D India sets Q4 FY26 earnings conference call for May 19 at 4 PM IST
GE Vernova T&D India Limited (BSE: 522275, NSE: GVT&D), formerly GE T&D India Limited, disclosed under Regulation 30 of SEBI Listing Regulations that an Earnings Conference Call for analysts and institutional investors is scheduled for Tuesday, May 19, 2026 at 4:00 PM IST. The call will cover audited Q4 and full-year FY 2025-26 financial results. Company Secretary Shweta Mehta filed the intimation, with details hosted on the company's website. The call positions GE Vernova T&D India as a key listed play on India's transmission capex cycle.
8GE Power India makes Q4 FY26 earnings call audio publicly available on gevernova.com
GE Power India Limited (BSE: 532309, NSE: GVPIL) informed exchanges under Regulation 30 of SEBI Listing Regulations that the audio recording of its Earnings Conference Call held on May 12, 2026 at 10:00 AM is accessible at gevernova.com. Managing Director Puneet Bhatla signed the disclosure. This follows an earlier letter dated May 11, 2026 sharing the earnings presentation with the exchanges, completing the company's Q4 FY26 investor communication cycle for institutional and retail shareholders alike.
8ACME Solar schedules back-to-back investor meetings in Mumbai, Singapore and Hong Kong in May 2026
ACME Solar Holdings Limited (BSE: 544283, NSE: ACMESOLAR) filed an intimation under Regulation 30 of SEBI Listing Regulations informing that senior management will participate in physical 1x1 and group investor meetings in Mumbai on May 15, Singapore on May 20-21, and Hong Kong on May 22, 2026. The company's investor presentation is accessible at acmesolar.in. The intensive international roadshow signals active capital-market engagement ahead of potential fundraising and reinforces ACME Solar's positioning as a listed Indian renewable energy pure-play.
CREDIT RATING & ANALYST REPORT
8CareEdge places Rs. 414.28 crore CARE AA debt of Avaada Solarise Energy on Rating Watch in restricted group merger
CareEdge Ratings placed the CARE AA rating on Rs. 414.28 crore of long-term bank facilities of Avaada Solarise Energy Private Limited on Rating Watch with Developing Implications. ASE is part of the Avaada Restricted Group with Fermi Solarfarms and Clean Sustainable Energy, bound by a cash pooling agreement with cross-default clauses and joint and several debt servicing liability. The rating action reflects the proposed amalgamation into Avaada Sunshine Energy Private Limited. NCLT interim approval is in place; final NCLT and MCA approvals are awaited.
8CareEdge puts Rs. 303.36 crore Fermi Solarfarms CARE AA debt on Rating Watch in Rs. 953.69 crore group action
CareEdge Ratings placed the CARE AA rating on Rs. 303.36 crore of long-term bank facilities of Fermi Solarfarms Private Limited on Rating Watch with Developing Implications. Together with Clean Sustainable Energy (Rs. 236.05 crore) and Avaada Solarise Energy (Rs. 414.28 crore), the Avaada Restricted Group carries combined rated debt of Rs. 953.69 crore - all now under Rating Watch. All three entities are wholly owned subsidiaries of Avaada Energy Private Limited and are jointly and severally liable under a cash pooling structure. Merger into Avaada Sunshine Energy awaits final NCLT approval.
8CareEdge places Rs. 191.48 crore Avaada Clean Sustainable Energy CARE A debt on Rating Watch amid 12-entity merger
CareEdge Ratings placed the CARE A rating on Rs. 191.48 crore of long-term bank facilities of Avaada Clean Sustainable Energy Private Limited on Rating Watch with Developing Implications. ACSE operates a 50 MWac / 70 MWp solar power project in Bihar with a Plant Load Factor of 23.1% in FY25, broadly in line with P90 of 23.5%, and a DSCR of about 1.3x. The Rating Watch reflects a proposed amalgamation of ACSE and 11 other entities into Avaada Sunshine Energy Private Limited, with NCLT interim approval received and final approvals expected within months.
8CareEdge places Rs. 236.05 crore Clean Sustainable Energy CARE AA debt on Watch pending NCLT amalgamation nod
CareEdge Ratings placed the CARE AA rating on Rs. 236.05 crore of long-term bank facilities of Clean Sustainable Energy Private Limited on Rating Watch with Developing Implications. CSEPL is part of the Avaada Restricted Group with Fermi Solarfarms and Avaada Solarise, linked through an unconditional, irrevocable cash pooling agreement with a T-minus structured payment mechanism. The proposed merger into Avaada Sunshine Energy Private Limited (rated CARE A-) will result in transfer of rated limits; final NCLT and MCA approvals are pending.
8CareEdge places Rs. 111.72 crore Avaada Green HN Project CARE A debt on Watch; PLF stable at 17.3%, DSCR at 1.24x
CareEdge Ratings placed the CARE A rating on Rs. 111.72 crore of long-term bank facilities of Avaada Green HN Project Private Limited on Rating Watch with Developing Implications. The project has a track record of over four years with a Plant Load Factor of 17.3% in FY25 versus 16.8% in FY24, and 17.1% for 9M FY26, with average receivable days of about 35 days. Cumulative DSCR stands at 1.24x. The proposed amalgamation into Avaada Sunshine Energy Private Limited prompted the watch action; approximately six years of tail life provides financial flexibility.
8MOFSL raises Atlanta Electricals target price to Rs. 1,950; FY27 order book at Rs. 26 billion
Motilal Oswal Financial Services (MOFSL) reiterated a BUY rating on Atlanta Electricals (NSE: ATLANTAE) with a revised target price of Rs. 1,950 against a current market price of Rs. 1,718 and market capitalisation of Rs. 132.9 billion. The upgrade follows Q4 FY26 results that beat estimates on all parameters, with revenue surging 82% YoY to Rs. 7.5 billion and PAT rising 129% YoY to Rs. 1 billion. The full-year order book stands at Rs. 26 billion, largely for FY27 execution, supported by upcoming 5,000 MVA IDT transformer capacity by December 2026. Details
Download tenders and news clips
May 13:
For reference purposes the website carries here the following tenders:
8Tender for renovation of control room, yard and chain link mesh fencing Details
8Tender for supply of BIS certified energy efficiency level 2 Details
8Tender for annual work contract for providing assistance in day to day routine maintenance of electrical equipments Details
8Tender for annual work contract for assistance in day to day routine maintenance of ATRS, FSSS, BOP, actuators Details
8Tender for supply of 03 Nos. 33 kV, 1250 A, outdoor vacuum circuit breaker Details
8Tender for supply, installation and commissioning of generator brake and jack control panel Details
8Tender for work of annual maintenance contract for work of overhauling / servicing & alignment of 420 kV centre break type isolators Details
8Tender for Re-construction of fallen and associated works of 33 kV sub station Details
8Tender for overhauling of ESP Details
8Tender for OPGW supply & installation package Details
8Tender for protection work at tower Details
8Tender for protection wall and repairing work at tower Details
8Tender for drone patrolling of EHV transmission line towers Details
8Tender for enabling civil and electrical works Details
8Tender for laying of UG cable Details
8Tender for procurement of 01 No. 20 KL capacity sulphuric acid Details
8Tender for facelifting of power house power house Details
8Tender for providing and applying integral waterproofing to roof slab Details
8Tender for repair and maintenance of exterior surface and painting work Details
8Tender for supply of ISI marked LT XLPE aerial bunch cable 3CX50 plus 1X35 plus 1X16 sq.mm Details
8Tender for work of leak sealing of penthouse & APH center section Details
8Tender for work of carrying out oil analysis various oil samples of various machineries Details
8Tender for supply of LT cable Details
8Tender for supply, installation, and commissioning of non-contact type radar level transmitters Details
8Tender for various maintenance work of rail table, end frame and technological/super structure Details
8Tender for providing & fixing concertina wire fencing with relevant misc. work Details
8Tender for maintenance of cables Details
8Tender for day to day civil works related Details
8Tender for appointment of project management unit Details
8Tender for repair and maintenance of 4-lane Details
8Tender for structural maintenance works Details
8Tender for supply and installation of street lights and additional lighting fixtures Details
8Tender for replacement of cable trays Details
8Tender for procurement of 13 chrome 7 inch premium casing and accessories Details
8Tender for work of erection, testing & commissioning of 132kV equipment, structure, control wiring, earthing etc. Details
8Tender for selection of roof top developer for setting up grid connected solar roof top plants Details
8Tender for protection work of TRC bund Details
8Tender for supply of 11kV fixed and moving contact and 22 kV fixed and moving contact Details
8Tender for supply of fixed contact for 22kV AB switch Details
8Tender for supply of indoor type 11 kV VCB panel Details
8Tender for Re-construction of existing 33 kV UG line Details
8Tender for construction of 33kV MVCC line Details
8Tender for construction of dedicated kV feeder Details
8Tender for heightening of LT lines Details
8Tender for procurement of 0.2 ACSR panther conductor Details
8Tender for supply of various steel sections Details
8Tender for supply of H-beam and RS joist Details
8Tender for supply of accessories for cable Details
8Tender for procurement of bulk acid storage tank (BAST) of HCL for DM plant Details
8Tender for procurement of spares for IAC installed Details
8Tender for procurement of spares of vacuum pump Details
8Tender for EPC package for repowering Details
8Tender for concertina fencing work along Details
8Tender for dredging/desilting of CW intake channel Details
8Tender for procurement of guard tube and miscellaneous items for boiler Details
8Tender for service contract for mechanical maintenance Details
8Tender for construction of 110kV GIS construction of transformer yard and fencing Details
8Tender for reconductoring LT OH line with LT ABC Details
8Tender for laying of UG cable Details
8Tender for dismantling of 150 kWp rooftop solar plant Details
8Tender for bay modifications at 400kV substation Details
8Tender for work of loading, unloading & transportation of EHV material/ equipments/scrap/oil barrels/oil tank Details
8Tender for work of overhauling / servicing of gear box, & rail alignment of gantry crane Details
8Tender for annual rate contract for preventive maintenance, defect attending & emergency work related to lighting system, LT motors Details
8Tender for providing RCC chamber with protection wall and cabin for installation of flow analyzer Details
8Tender for construction of RCC retaining wall Details
8Tender for supply of liquor ammonia for chemical lab Details
8Tender for supply, erection, testing and commissioning of 220V DC, 510AH, KBH, Ni-Cd type battery set Details
8Tender for procurement and installation of 145kV circuit breaker at 132kV substation Details
8Tender for work of complete plate electrode ground earthing works Details
8Tender for replacement of weasel conductor Details
8Tender for replacement & maintenance of DTR Details
8Tender for replacement of weasel conductor Details
8Tender for work of MRI of all 33 kV substation Details
8Tender for procurement of water wall rifled tube panel for 600MW Details
8Tender for procurement of high pressure water wall rifled tube suitable for 600mw boiler Details
8Tender for supply of MS bolt and nut 4half, 6 and 11 inch Details
8Tender for supply of 11kV AB switches 200 Amps with 11kV PT insulators Details
8Tender for execution of works with supply of materials for provision of 33 kV source feeder Details
8Tender for supply and works contract for conversion of existing overhead HT and LT lines Details
8Tender for procurement of water wall rifled tube panel Details
8Tender for work of upgradation of total 08 Nos. of existing lamp-based video projection unit Details
8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 50 MVA, 132- 110/33 kV T/F Details
8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 25 MVA, 132- 110/33 kV T/F Details
8Tender for replacement of RCC structure by lattice type structure of various Details
8Tender for supply of equipments / material, erection, testing and commissioning for the work of augmentation by replacement of existing 1x25 MVA, 132/33kV, T/f Details
8Tender for work of providing & fixing of medium voltage conductor cover tape, high voltage busbar insulation Details
8Tender for work of cleaning and up-keeping services at various substation Details
8Tender for work of AMC for overhauling /servicing /repairing of 33kV with the supply of required spares Details
8Tender for work of AMC for overhauling /servicing /repairing of 33kV with the supply of required spares at various Details
8Tender for work of AMC for overhauling /servicing /repairing of 33kV with the supply of required Details
8Tender for work of complete upgradation of existing ABB micro SCADA at 400kV switching substation Details
8Tender for maintenance of HT, LT line & TC work Details
8Design, supply, installation, testing, commissioning with comprehensive maintenance contract of 5 years for solar rooftop projects Details
8Tender for maintenance of HT, LT line & TC work Details
8Tender for erection work of LILO 66kV sub-station Details
8Tender for erection work of 66kV LILO line Details
8Tender for various civil works activities required Details
8Tender for work of overhauling & servicing of dampers for boiler Details
8Design, supply, installation, testing, commissioning with comprehensive maintenance contract of 5 years for solar rooftop projects Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Steel Industry Still Betting Big on Coal Despite Climate Targets: Report Details
8India’s Largest Coal Producer Dissolves Wholly Owned Solar Subsidiary; FII Stake Sees Marginal Increase Details
8Coal India shuts down solar manufacturing arm Details
8Coal-based steelmaking outpaces the industry’s low-emissions transition Details
8India Set to Hit 500 GW Renewable Energy Goal, Says Pralhad Joshi Details
8India’s RE deal value surges 5-fold to $2 bn in 2025; focus shifts to storage, grids: Joshi Details
8Hybrid energy systems: Combining solar, wind & storage for maximum efficiency Details
8India's Renewable Revolution: From Peripheral to Central Details
8Power Grid Challenges in India's Renewable Energy Push Details
8Joshi to meet Khattar on May 13; RE curtailment, transmission gaps on top of agenda Details
8Swadeshi Jagran Manch backs PM Modi’s call for austerity measures amid energy crisis Details
8Emrock Corp Secures Rs 104 Crore Solar Module Order for 24 MW Gujarat Project Details
8India's Green Energy Boom Hits Grid, Storage Hurdles Amid Trade Policy Shifts Details
8Credence Solar Secures BIS Approval for 744 Wp Modules, Boosting India’s High-Efficiency Solar Manufacturing Push Details
8India Auctions J&K Limestone to Boost Critical Mineral Supply Details
8India Eyes 100 GW Nuclear Power: KBL Strong, WIL/HCC Face Financial Risks Details
8India’s Renewables Sector Needs A Fundamental Reset Details
8Forum of Regulators Holds 100th Meeting, Marks 21 Years of Power Sector Coordination Details
8Adani Power Buys GVK Energy, Enters Hydro Sector; CCI Approves LEWL Merger Details
8India wants 100 GW of Nuclear Power. These 3 engineering stocks are already inside the Rs 20 lakh cr order pipeline Details
8What is driving the volatility in India's spot power prices Details
8India’s AI data-centre boom runs into a power and water reality check Details
8GE Power India Hits 5% Upper Circuit as Q4 Profit Soars 56% QoQ; Rs 7 Dividend Declared Details
8DVC Appoints Saurabh Sharma as Executive Director (HR), Strengthens Workforce and Organisational Strategy Details
8PESB Recommends Paresh R. Ranpara as Director (Personnel) of NHPC Limited After Competitive Selection Process Details
You can also click on Newsclips for more Details
8Tender for renovation of control room, yard and chain link mesh fencing Details
8Tender for supply of BIS certified energy efficiency level 2 Details
8Tender for annual work contract for providing assistance in day to day routine maintenance of electrical equipments Details
8Tender for annual work contract for assistance in day to day routine maintenance of ATRS, FSSS, BOP, actuators Details
8Tender for supply of 03 Nos. 33 kV, 1250 A, outdoor vacuum circuit breaker Details
8Tender for supply, installation and commissioning of generator brake and jack control panel Details
8Tender for work of annual maintenance contract for work of overhauling / servicing & alignment of 420 kV centre break type isolators Details
8Tender for Re-construction of fallen and associated works of 33 kV sub station Details
8Tender for overhauling of ESP Details
8Tender for OPGW supply & installation package Details
8Tender for protection work at tower Details
8Tender for protection wall and repairing work at tower Details
8Tender for drone patrolling of EHV transmission line towers Details
8Tender for enabling civil and electrical works Details
8Tender for laying of UG cable Details
8Tender for procurement of 01 No. 20 KL capacity sulphuric acid Details
8Tender for facelifting of power house power house Details
8Tender for providing and applying integral waterproofing to roof slab Details
8Tender for repair and maintenance of exterior surface and painting work Details
8Tender for supply of ISI marked LT XLPE aerial bunch cable 3CX50 plus 1X35 plus 1X16 sq.mm Details
8Tender for work of leak sealing of penthouse & APH center section Details
8Tender for work of carrying out oil analysis various oil samples of various machineries Details
8Tender for supply of LT cable Details
8Tender for supply, installation, and commissioning of non-contact type radar level transmitters Details
8Tender for various maintenance work of rail table, end frame and technological/super structure Details
8Tender for providing & fixing concertina wire fencing with relevant misc. work Details
8Tender for maintenance of cables Details
8Tender for day to day civil works related Details
8Tender for appointment of project management unit Details
8Tender for repair and maintenance of 4-lane Details
8Tender for structural maintenance works Details
8Tender for supply and installation of street lights and additional lighting fixtures Details
8Tender for replacement of cable trays Details
8Tender for procurement of 13 chrome 7 inch premium casing and accessories Details
8Tender for work of erection, testing & commissioning of 132kV equipment, structure, control wiring, earthing etc. Details
8Tender for selection of roof top developer for setting up grid connected solar roof top plants Details
8Tender for protection work of TRC bund Details
8Tender for supply of 11kV fixed and moving contact and 22 kV fixed and moving contact Details
8Tender for supply of fixed contact for 22kV AB switch Details
8Tender for supply of indoor type 11 kV VCB panel Details
8Tender for Re-construction of existing 33 kV UG line Details
8Tender for construction of 33kV MVCC line Details
8Tender for construction of dedicated kV feeder Details
8Tender for heightening of LT lines Details
8Tender for procurement of 0.2 ACSR panther conductor Details
8Tender for supply of various steel sections Details
8Tender for supply of H-beam and RS joist Details
8Tender for supply of accessories for cable Details
8Tender for procurement of bulk acid storage tank (BAST) of HCL for DM plant Details
8Tender for procurement of spares for IAC installed Details
8Tender for procurement of spares of vacuum pump Details
8Tender for EPC package for repowering Details
8Tender for concertina fencing work along Details
8Tender for dredging/desilting of CW intake channel Details
8Tender for procurement of guard tube and miscellaneous items for boiler Details
8Tender for service contract for mechanical maintenance Details
8Tender for construction of 110kV GIS construction of transformer yard and fencing Details
8Tender for reconductoring LT OH line with LT ABC Details
8Tender for laying of UG cable Details
8Tender for dismantling of 150 kWp rooftop solar plant Details
8Tender for bay modifications at 400kV substation Details
8Tender for work of loading, unloading & transportation of EHV material/ equipments/scrap/oil barrels/oil tank Details
8Tender for work of overhauling / servicing of gear box, & rail alignment of gantry crane Details
8Tender for annual rate contract for preventive maintenance, defect attending & emergency work related to lighting system, LT motors Details
8Tender for providing RCC chamber with protection wall and cabin for installation of flow analyzer Details
8Tender for construction of RCC retaining wall Details
8Tender for supply of liquor ammonia for chemical lab Details
8Tender for supply, erection, testing and commissioning of 220V DC, 510AH, KBH, Ni-Cd type battery set Details
8Tender for procurement and installation of 145kV circuit breaker at 132kV substation Details
8Tender for work of complete plate electrode ground earthing works Details
8Tender for replacement of weasel conductor Details
8Tender for replacement & maintenance of DTR Details
8Tender for replacement of weasel conductor Details
8Tender for work of MRI of all 33 kV substation Details
8Tender for procurement of water wall rifled tube panel for 600MW Details
8Tender for procurement of high pressure water wall rifled tube suitable for 600mw boiler Details
8Tender for supply of MS bolt and nut 4half, 6 and 11 inch Details
8Tender for supply of 11kV AB switches 200 Amps with 11kV PT insulators Details
8Tender for execution of works with supply of materials for provision of 33 kV source feeder Details
8Tender for supply and works contract for conversion of existing overhead HT and LT lines Details
8Tender for procurement of water wall rifled tube panel Details
8Tender for work of upgradation of total 08 Nos. of existing lamp-based video projection unit Details
8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 50 MVA, 132- 110/33 kV T/F Details
8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 25 MVA, 132- 110/33 kV T/F Details
8Tender for replacement of RCC structure by lattice type structure of various Details
8Tender for supply of equipments / material, erection, testing and commissioning for the work of augmentation by replacement of existing 1x25 MVA, 132/33kV, T/f Details
8Tender for work of providing & fixing of medium voltage conductor cover tape, high voltage busbar insulation Details
8Tender for work of cleaning and up-keeping services at various substation Details
8Tender for work of AMC for overhauling /servicing /repairing of 33kV with the supply of required spares Details
8Tender for work of AMC for overhauling /servicing /repairing of 33kV with the supply of required spares at various Details
8Tender for work of AMC for overhauling /servicing /repairing of 33kV with the supply of required Details
8Tender for work of complete upgradation of existing ABB micro SCADA at 400kV switching substation Details
8Tender for maintenance of HT, LT line & TC work Details
8Design, supply, installation, testing, commissioning with comprehensive maintenance contract of 5 years for solar rooftop projects Details
8Tender for maintenance of HT, LT line & TC work Details
8Tender for erection work of LILO 66kV sub-station Details
8Tender for erection work of 66kV LILO line Details
8Tender for various civil works activities required Details
8Tender for work of overhauling & servicing of dampers for boiler Details
8Design, supply, installation, testing, commissioning with comprehensive maintenance contract of 5 years for solar rooftop projects Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Steel Industry Still Betting Big on Coal Despite Climate Targets: Report Details
8India’s Largest Coal Producer Dissolves Wholly Owned Solar Subsidiary; FII Stake Sees Marginal Increase Details
8Coal India shuts down solar manufacturing arm Details
8Coal-based steelmaking outpaces the industry’s low-emissions transition Details
8India Set to Hit 500 GW Renewable Energy Goal, Says Pralhad Joshi Details
8India’s RE deal value surges 5-fold to $2 bn in 2025; focus shifts to storage, grids: Joshi Details
8Hybrid energy systems: Combining solar, wind & storage for maximum efficiency Details
8India's Renewable Revolution: From Peripheral to Central Details
8Power Grid Challenges in India's Renewable Energy Push Details
8Joshi to meet Khattar on May 13; RE curtailment, transmission gaps on top of agenda Details
8Swadeshi Jagran Manch backs PM Modi’s call for austerity measures amid energy crisis Details
8Emrock Corp Secures Rs 104 Crore Solar Module Order for 24 MW Gujarat Project Details
8India's Green Energy Boom Hits Grid, Storage Hurdles Amid Trade Policy Shifts Details
8Credence Solar Secures BIS Approval for 744 Wp Modules, Boosting India’s High-Efficiency Solar Manufacturing Push Details
8India Auctions J&K Limestone to Boost Critical Mineral Supply Details
8India Eyes 100 GW Nuclear Power: KBL Strong, WIL/HCC Face Financial Risks Details
8India’s Renewables Sector Needs A Fundamental Reset Details
8Forum of Regulators Holds 100th Meeting, Marks 21 Years of Power Sector Coordination Details
8Adani Power Buys GVK Energy, Enters Hydro Sector; CCI Approves LEWL Merger Details
8India wants 100 GW of Nuclear Power. These 3 engineering stocks are already inside the Rs 20 lakh cr order pipeline Details
8What is driving the volatility in India's spot power prices Details
8India’s AI data-centre boom runs into a power and water reality check Details
8GE Power India Hits 5% Upper Circuit as Q4 Profit Soars 56% QoQ; Rs 7 Dividend Declared Details
8DVC Appoints Saurabh Sharma as Executive Director (HR), Strengthens Workforce and Organisational Strategy Details
8PESB Recommends Paresh R. Ranpara as Director (Personnel) of NHPC Limited After Competitive Selection Process Details
You can also click on Newsclips for more Details
Rs 329 crore coal logistics race reflects tighter pricing discipline in transport market
May 12:
8A major coal transportation package worth Rs 329 crore attracted aggressive competition from large logistics players, with a narrow pricing gap indicating sharper freight-risk assessment and tighter execution discipline.
8The outcome highlights how integrated coal logistics is emerging as a critical competitive differentiator in thermal power supply chains. Details
8The outcome highlights how integrated coal logistics is emerging as a critical competitive differentiator in thermal power supply chains. Details
- May 19: NEWS UPDATE: FINANCIAL RESULTS & CORPORATE PERFORMANCE:Details
- May 19: Daily Power Sector Tenders Excel update:Details
- May 19: Download tenders and news clips:Details
- May 19: Daily forward looking import matrices:Details
- May 18: Uttarakhand BESS tenders complete technical evaluation:Details
- May 18: Rs 1,035 crore mining award exposes widening pricing divide in excavation race:Details
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