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May 2026

8Behind the large transport award lies a broader shift in how utilities are redistributing execution continuity and operational accountability across mining-linked logistics contracts. Details
8The revised AMI rollout recalibrates deployment scale and financing assumptions while preserving strict long-duration performance accountability for vendors. Details
8The latest restructuring sharply cuts meter volumes and contract values, altering financing assumptions and long-duration operating exposure for AMISP bidders. Details
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
8Solar-plus-storage package shifts bidder focus from EPC pricing to lifecycle risk
The battery integration transforms an otherwise routine solar EPC package into a long-duration performance accountability contract with deeper degradation exposure.

8Thermal utility package redraws contractor accountability beyond supply scope
The latest intake-water package shifts deeper execution responsibility onto contractors across logistics, erection and commissioning under a modified-system configuration.

8Utility-scale renewable tender tightens long-term EPC responsibility
The package structure expands contractor obligations into post-commissioning performance and equipment continuity, potentially reshaping pricing strategies and vendor selection.

8900 MW solar EPC package hardens lifecycle accountability in utility-scale bidding
The latest renewable package shifts pressure from headline EPC pricing toward long-duration maintenance exposure, reliability commitments and post-commissioning accountability.

8Multi-location grid package sharpens contractor accountability in brownfield execution
The contract design pushes survey, integration and execution risks further onto bidders, potentially favouring technically entrenched transmission EPC players.

8Rs 300 lakh bid-security barrier tightens reliability filters in industrial ASU package
The latest ASU package uses a steep bid-security structure to compress vendor accountability and raise reliability thresholds in a coal-linked industrial project.

8765 kV transmission package widens bidder access through nil EMD structure
The latest ultra-high-voltage package removes a key bidding barrier while concentrating execution accountability across technically sensitive transmission assets.

Details
ANNUAL RESULTS

8Sarda Energy board approves FY26 results with consolidated revenue of Rs. 5,690 crore and PAT of Rs. 1,109 crore
Sarda Energy & Minerals said its board on 23 May 2026 approved audited FY26 results, with consolidated revenue from operations at Rs. 5,690.45 crore versus Rs. 4,642.85 crore in FY25, and PAT up 58% to Rs. 1,109 crore. Standalone revenue rose to Rs. 4,333.69 crore and standalone PAT to Rs. 948.71 crore from Rs. 608.06 crore. EBITDA crossed the Rs. 2,000 crore mark and the company declared its highest-ever 200% dividend.

8Ganesh Green Bharat posts record FY26 revenue above Rs. 1,067 crore, up 232% year on year
Ganesh Green Bharat Limited (NSE Emerge: GGBL) reported audited FY26 consolidated revenue from operations of Rs. 1,067.60 crore, up 232% year on year, with EBITDA up 122%, PAT up 149% and EPS up 131%. The solar PV module and EPC company guided to FY27 revenue of Rs. 1,500–1,700 crore - implying about 40–59% growth - backed by an order book of around Rs. 700 crore and over Rs. 3,000 crore of tenders bid.

8NTPC reports FY26 standalone revenue of Rs. 1,65,494 crore as Q4 PAT jumps 51% to Rs. 8,747 crore
NTPC Limited's FY26 disclosures show standalone Q4FY26 revenue of Rs. 43,111 crore, EBITDA up 11.1% to Rs. 12,504 crore and PAT surging 51.4% to Rs. 8,747 crore, with EBITDA margin expanding to 29.0% from 25.6%. For FY26, standalone revenue was Rs. 1,65,494 crore and EBITDA about Rs. 44,799 crore. The company generated 91.05 BU in Q4FY26 at a coal PLF of 76.2%, with group installed capacity near 89,108 MW.

8Sarda Energy details FY26 EBITDA of Rs. 2,025 crore on energy-segment-led growth
Sarda Energy & Minerals' FY26 investor presentation reports revenue rising to Rs. 5,928 crore from Rs. 2,343 crore in FY21, a 20% CAGR, with EBITDA climbing to Rs. 2,025 crore from Rs. 664 crore. The energy segment, contributing two-thirds of FY26 EBITDA, drew on SKS Power's 2x300 MW thermal acquisition, about 113 MW of Sikkim hydro, 5,458 MU of annual thermal generation and 661.37 MU of hydro generation as core drivers.

8NTPC files detailed FY26 results pack with exchanges for the year ended 31 March 2026
NTPC Limited filed a detailed FY26 results disclosure running over 1,22,000 characters with BSE and NSE for the year ended 31 March 2026, forming part of its Regulation 30 communication package under scrip code 532555. The filing accompanies the company's analyst call and operational snapshot, and underpins reported standalone FY26 revenue of Rs. 1,65,494 crore with EBITDA largely stable at about Rs. 44,799 crore.

DIVIDEND & BOARD DECISIONS

8Sarda Energy declares highest-ever 200% dividend of Rs. 2 per share for FY26
Sarda Energy & Minerals' board, at its 23 May 2026 meeting, recommended a dividend of Rs. 2 per share - 200%, its highest ever - subject to member approval, alongside audited standalone and consolidated FY26 results carrying an unmodified audit opinion from Singhi & Co. The payout followed PAT growth of 58% year on year to Rs. 1,109 crore and EBITDA crossing the Rs. 2,000 crore mark for the first time.

8IREDA board to meet on 29 May 2026 to approve audited FY26 standalone and consolidated results
Indian Renewable Energy Development Agency Limited told BSE and NSE on 23 May 2026 that its board will meet on Friday, 29 May 2026 to approve audited standalone and consolidated financial results for the quarter and year ended 31 March 2026. IREDA said its trading window remains closed from 1 April 2026 until 48 hours after the results are declared, in line with its insider-trading code.

8Star Delta Transformers board to consider Q4 FY26 results and final dividend on 27 May 2026
Star Delta Transformers Limited said its 76th board meeting will be held on Wednesday, 27 May 2026 at 3:00 pm in Bhopal to consider audited standalone results for the quarter and year ended 31 March 2026, the auditor's report and a final dividend. The company's trading window stays closed from 1 April 2026 until 48 hours after the results, consistent with SEBI insider-trading norms.

8S&S Power grants 8.89 lakh ESOP options at Rs. 180 each under its 2024 stock option scheme
S & S Power Switchgear Limited disclosed two ESOP tranches under its Employee Stock Option Scheme 2024 - 6,62,801 options in Tranche 1 and 2,26,000 in Tranche 2, totalling about 8.89 lakh options. Each option converts into one equity share of Rs. 10 at an exercise price of Rs. 180, exercisable over a maximum of four years from vesting, as part of the company's employee-incentive framework filed under Regulation 30.

EARNINGS CALL & ANALYST MEET

8NTPC holds 23 May 2026 analyst call on Q4 and FY26 results for the year ended 31 March 2026
NTPC Limited told exchanges that its management held a conference call on 23 May 2026 with analysts and investors to discuss results for the quarter and year ended 31 March 2026. Using scrip code 532555, the company pointed investors to the audio recording on its investor-relations page, supplementing the FY26 results in which standalone revenue reached Rs. 1,65,494 crore and Q4 PAT rose 51.4% to Rs. 8,747 crore.

8NTPC publishes Q4 and FY26 operational and financial snapshot for investors
NTPC Limited informed exchanges on 23 May 2026 that its operational and financial snapshot for the quarter and year ended 31 March 2026 is available to investors, routed through Ajay Garg, AGM (Finance), Investor Relations. The disclosure under scrip code 532555/NTPC accompanies the company's FY26 results showing Q4 generation of 91.05 BU, EBITDA margin of 29.0% and PAT of Rs. 8,747 crore for the quarter.

8S&S Power Switchgear releases updated FY25-26 investor presentation with Q4 highlights
S & S Power Switchgear Limited submitted an investor presentation dated 23 May 2026, with Q4 highlights updated to 22 May 2026, under Regulation 30 using BSE scrip code 517273 and NSE symbol S&SPOWER. The filing frames the switchgear maker's FY25-26 operational update for shareholders and accompanies its disclosure of fresh ESOP grants of about 8.89 lakh options at Rs. 180 per share under the 2024 scheme.

CREDIT RATING & ANALYST REPORT

8CARE reaffirms NTPC AAA on Rs. 1.60 lakh crore bank lines and A1+ on Rs. 9,000 crore short-term facilities
CARE Ratings, in its 22 May 2026 release, reaffirmed NTPC Limited's CARE AAA; Stable rating on Rs. 1,60,000 crore of long-term bank facilities and CARE A1+ on Rs. 9,000 crore of short-term facilities, while reaffirming or assigning ratings on multiple bonds and Rs. 10,000 crore of commercial paper. The agency cited NTPC's position as India's largest power generation company and its diversified, largely regulated revenue base.

8CARE reaffirms NHPC AAA on multiple bonds as FY26 generation rises to 29,600 MU
CARE Ratings reaffirmed NHPC Limited's CARE AAA; Stable ratings across multiple bond series in its 22 May 2026 release. NHPC's operational hydro capacity stood at 8,771 MW as on 15 May 2026, its plant availability factor was 74.7% in FY26, and generation rose to 29,600 MU from 25,532 MU after the 800 MW Parbati-II commissioning, with one bond tranche reduced from Rs. 211.00 crore to Rs. 105.50 crore.

8CRISIL reaffirms PTC India A1+ on Rs. 5,500 crore bank lines while withdrawing its AA-/Stable rating
CRISIL Ratings reaffirmed PTC India Limited's A1+ rating on Rs. 5,500 crore of total bank loan facilities on 22 May 2026, spanning lenders such as HDFC Bank, Bank of Baroda, IDBI Bank and ICICI Bank. CRISIL separately withdrew PTC India's AA-/Stable corporate credit rating at the company's 21 May 2026 request, with PTC disclosing the rating action to BSE and NSE under scrip code 532524.

8Elara retains Sell on NTPC Green with Rs. 96 target despite 47% Q4FY26 revenue rise
Elara Securities said NTPC Green Energy posted Q4FY26 revenue of Rs. 9.1 billion, up 47% year on year, and EBITDA of Rs. 7.7 billion, up 38%, but PAT fell 15% to Rs. 1.9 billion on higher depreciation and finance costs. The brokerage kept a Sell rating with a target of Rs. 96 against a CMP of Rs. 104, implying 8% downside, flagging project execution as the key monitorable for the company.

8ICICI Direct keeps Buy on NTPC with Rs. 481 target after Q4FY26 PAT jumps 51.4%
ICICI Direct's 24 May 2026 update gives NTPC a Buy call with a Rs. 481 target against a Rs. 389 CMP, implying 24% upside over 12 months. It noted standalone Q4FY26 revenue of Rs. 43,111 crore, EBITDA up 11.1% to Rs. 12,504 crore and PAT surging 51.4% to Rs. 8,747 crore, with FY26 group installed capacity near 89,108 MW and a vision to reach 244 GW-plus, including about 120 GW of renewables, by 2037.

8RBP Energy receives 21 May 2026 credit rating update in Mumbai release
RBP Energy (India) Private Limited's credit rating update, issued in Mumbai on 21 May 2026, provides a fresh assessment of the company's facilities and runs to nearly 30,000 characters of rationale. The release places RBP Energy within the broader set of FY26 power and energy-sector credit disclosures alongside reaffirmations for NTPC, NHPC and PTC India during the same week.
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COMMISSION ORDERS (CERC/SERC)

8CERC defers adoption of Rs. 2,897.29-million annual charge for Eastern Region Expansion Scheme-XXXIX
In Petition No. 124/AT/2026 (order dated 24 May 2026), CERC considered TP Gopalpur Transmission Limited's bid under Section 63 to adopt transmission charges of Rs. 2,897.29 million per annum for the Eastern Region Expansion Scheme-XXXIX, an estimated Rs. 28,283.30-million project. CERC kept the adoption petition pending the National Committee on Transmission's reconsideration, granting liberty to refile and ordering that fees paid be adjusted against any fresh petition.

8CERC trues up 2019-24 tariff and sets 2024-29 charges for Northern Region Strengthening Scheme-XVIII
In Petition No. 561/TT/2025 (order dated 22 May 2026), CERC approved Power Grid Corporation's truing-up of transmission tariff for 2019-24 and determined fresh tariff for 2024-29 for assets under the Northern Region System Strengthening Scheme-XVIII. The order allowed individual asset tariffs for the two control periods and accounted for projected additional capitalization and floating interest rates over the 2024-29 block, covering beneficiaries across Uttar Pradesh, Rajasthan, Punjab and Himachal Pradesh.

8CERC takes up grant of transmission licence for Adani's 2,500 MW KPS III HVDC system
In Petition No. 27/TL/2026 (order dated 24 May 2026), CERC took up Adani Energy Solutions and KPS III HVDC Transmission Limited's application under Sections 14, 15 and 79(1)(e) for a transmission licence to build a 2,500 MW, plus-or-minus 500 kV HVDC (VSC) system. The scheme includes 2x1,250 MW terminal stations at KPS3 and South Olpad, a plus-or-minus 500 kV HVDC bipole line and 400 kV interconnections, targeted for commissioning within 48 months.

8CERC processes EKI Energy's application for a Category-IV inter-state trading licence
In Petition No. 92/TD/2026 (order dated 24 May 2026), CERC processed EKI Energy Service Limited's application under Sections 14 and 15(1), read with the 2020 Trading Licence Regulations, for a Category-IV inter-state electricity trading licence covering trade across India. The Indore-based company completed the statutory public-notice process required under Regulation 6, with the Commission examining its eligibility for the highest-volume category of trading licence.

8KSERC trues up KSEBL 2024-25 accounts and flags a Rs. 1,053.79-crore consolidated revenue gap
In an order dated 21 May 2026 (OP No. 63/2025), the Kerala State Electricity Regulatory Commission trued up KSEBL's 2024-25 accounts across its generation, transmission and distribution units, approving net expenditure of Rs. 22,824.83 crore and arriving at a consolidated revenue gap of Rs. 1,053.79 crore after KSEBL claimed Rs. 3,020.30 crore. The order noted hydro auxiliary consumption of 93.68 MU (1.28%) exceeding the approved 89.38 MU and significant reservoir spillage.

8CSERC takes up CSPDCL plea to clarify 26 February order on Real Ispat captive-power billing
In an order dated 21 May 2026, the Chhattisgarh State Electricity Regulatory Commission took up CSPDCL's petition under Section 86(1)(k) seeking clarification of its 26 February 2026 order in Petition 55/2025 on billing involving Real Ispat and Power Pvt. Ltd. The respondent is an integrated steel plant running a 20 MW waste-heat-recovery captive power plant on flue gases from its 650 TPD sponge-iron kiln in Raipur.

PPA-RELATED & COMMISSION ORDERS - HPERC

8HPERC clears 1 MW New Noorpur Solaar PPA with HPSEBL after 22 May 2026 hearing
The Himachal Pradesh Electricity Regulatory Commission decided Petition No. 79 of 2026 on 22 May 2026, approving HPSEBL's power purchase arrangement with M/s New Noorpur Solaar Solar Power Project. The 1.0 MW project connects at the 11 kV Kotla feeder from the 220/132/33/11 kV Jassure (Bodh) substation and evacuates jointly with a separate 1.0 MW Noorpur Akshay Urja project, under Section 86(1)(b) of the Electricity Act, 2003.

8HPERC approves 1 MW Noorpur Akshay Urja solar PPA with HPSEBL in Petition 80 of 2026
The Himachal Pradesh Electricity Regulatory Commission decided Petition No. 80 of 2026 on 22 May 2026 after same-day arguments, covering HPSEBL's power purchase agreement with M/s Noorpur Akshay Urja Solar Power Project. The order, processed under Section 86(1)(b) of the Electricity Act, 2003 and HPERC's 2024 Conduct of Business Regulations, ties to a 1.0 MW solar project in the Nurpur/Jassure evacuation cluster in Kangra district.

8HPERC processes N & N Solar's 1 MW PPA with HPSEBL under Section 86(1)(b)
The Himachal Pradesh Electricity Regulatory Commission's Petition No. 81 of 2026, decided on 22 May 2026, concerns HPSEBL's power purchase agreement with M/s N & N Solar Power Project. The Commission used Section 86(1)(b) of the Electricity Act, 2003 and its 2024 Conduct of Business Regulations to process the small solar project's PPA, part of a cluster of 1 MW-scale renewable approvals heard together that day in Shimla.

8HPERC takes up Shri Onkar Singh solar PPA with HPSEBL in Filing 194 of 2026
The Himachal Pradesh Electricity Regulatory Commission's daily order dated 22 May 2026 records Filing No. 194 of 2026 involving HPSEBL and M/s Shri Onkar Singh Solar Power Plant. The joint petition, filed under Section 86(1)(b) of the Electricity Act, 2003 and Regulations 56 and 57 of HPERC's 2024 Conduct of Business Regulations, seeks approval of the power purchase agreement for the developer's solar plant.

8HPERC processes Sai Eternal Foundation's 4.8 MW Bhang hydro PPA with HPSEBL
The Himachal Pradesh Electricity Regulatory Commission's Petition No. 83 of 2026, taken up on 22 May 2026, concerns HPSEBL's long-term power purchase agreement with M/s Sai Eternal Foundation at a generic levellised tariff. The agreement covers the 4.8 MW Bhang Hydro Electric Project near Village Bhang, Tehsil Manali, District Kullu, with the matter heard and reserved alongside related Filing No. 177 of 2026 the same day.

8HPERC lists Prime Steel Industries matter against HPSEBL as Filing 182 of 2026
The Himachal Pradesh Electricity Regulatory Commission's daily order dated 22 May 2026 records M/s Prime Steel Industries Pvt. Ltd. versus HPSEBL as Filing No. 182 of 2026. The short order notes the appearance of counsel and places the industrial consumer's case into the Commission's 2026 filing pipeline, distinct from the cluster of small solar and hydro PPA approvals heard the same day in Shimla.

REGULATORY PETITION & REVIEW - GERC

8GERC reserves order in Indian Oil's 32 MVA demand-charge dispute with MGVCL
In a daily order dated 22 May 2026, the Gujarat Electricity Regulatory Commission reserved Petition No. 1816 of 2019, filed by Indian Oil Corporation Limited's Gujarat Refinery against MGVCL. IOCL sought additional time to complete a 220 kV transmission line for adding 32 MVA of contract demand and asked the Commission to direct MGVCL to withdraw demand charges levied on the 32 MVA on a deemed-release basis. With arguments complete, the matter was reserved for orders.

8GERC takes up Continuum Green Energy–Tata Motors challenge to UGVCL additional surcharge
In Petition No. 2287 of 2023, heard on 22 May 2026, Continuum Green Energy Limited challenged UGVCL letters of 22 February 2022 and 29 November 2022 imposing an additional surcharge on its consumer Tata Motors Limited, despite a claimed exemption under Gujarat's Wind Power Policy, 2007. A linked application by Tata Motors Passenger Vehicles sought a stay on a 5 June 2024 invoice levying surcharge for April 2014 to December 2021 and restraint on coercive action.

8GERC hears Solarcraft Power India 3's SCOD-extension and stay pleas over force majeure
The Gujarat Electricity Regulatory Commission, on 22 May 2026, took up Petition No. 2578 of 2025 by Solarcraft Power India 3 Private Limited against GUVNL, seeking extension of the Scheduled Commercial Operation Date under Article 8 of a Power Purchase Agreement dated 14 December 2022 on force majeure grounds. The petitioner also moved IA No. 110 of 2025 for an interim stay under Section 94(2) and IA No. 113 of 2025 seeking leave to amend the petition.

8GERC adjourns Waree Energy Storage's 132 kV switchyard extension plea, gives GETCO four weeks
In a daily order dated 22 May 2026, the Gujarat Electricity Regulatory Commission adjourned Petition No. 2635 of 2026 by Waree Energy Storage Solutions Pvt. Limited, which sought an extension of time to complete a 132 kV switchyard/switching sub-station, with an interlocutory application for interim stay. Noting DGVCL had already begun billing monthly minimum demand charges paid under protest, the Commission gave GETCO four weeks to reply and the petitioner one week for a rejoinder.

8GERC adjourns HR Sabarmati's force-majeure plea on a 280 MW solar PPA with GUVNL
The Gujarat Electricity Regulatory Commission, on 22 May 2026, adjourned Petition No. 2636 of 2026 by M/s. HR Sabarmati Private Limited against GUVNL, which seeks extension of the scheduled commencement-of-supply date under Article 8 of a Power Purchase Agreement dated 5 April 2024 for 280 MW of solar power, citing force majeure events. The Commission directed the respondents to file replies within four weeks, with the petitioner allowed a rejoinder within three weeks.

8GERC reserves order on Virgo Aluminium's deemed-extension plea for a 66 kV line and 5,000 KVA demand
The Gujarat Electricity Regulatory Commission, on 22 May 2026, reserved Petition No. 2092 of 2022 by Virgo Aluminium Limited against MGVCL. The petitioner sought a post-facto deemed extension of time to complete a 66 kV transmission line for a 5,000 KVA contract demand, a 60-day notice period from the deemed extended date, and a refund of minimum demand charges levied on a deemed-release basis until physical release of the connection.

OPEN ACCESS & WHEELING CHARGES

8TGTRANSCO posts a provisional April transmission loss of 2.09% on 8,493.52 MU of input energy
TGTRANSCO's provisional transmission-loss statement for April 2026 reports total input energy of 8,493.52 MU and total losses of 177.19 MU, equating to a 2.09% loss at the Telangana periphery - also the cumulative figure for FY2026-27 up to April. The energy-balance data spans TGGENCO thermal and hydel injection, CTU injection at the periphery, captive power plants and non-conventional sources feeding the 132 kV and 220 kV network.

8Telangana sets a 2.09% provisional transmission loss for open-access users from 26 May to 25 June
A provisional transmission-loss notice fixes a 2.09% transmission loss applicable to open-access users in Telangana for the period from 26 May 2026 to 25 June 2026. The single-slab figure governs the loss adjustment for open-access transactions across the state grid over the one-month window, providing OA consumers and traders the applicable wheeling-loss percentage for scheduling their transactions.

8TGSPDCL petitions TGERC to amend its licence as subsidised farm consumers shift to a new Rythu DISCOM
By letter dated 23 April 2026, the Southern Power Distribution Company of Telangana asked TGERC to amend its 2000 distribution-and-retail licence to reflect the transfer of subsidised consumer categories - agriculture, lift-irrigation schemes, HMWSSB and municipal water connections - to the newly formed Telangana Rythu Power Distribution Company (TGRPDCL). The third state DISCOM was created under two 2025-26 government orders pursuant to Section 18 of the Electricity Act, 2003.
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EQUITY & STAKE ACQUISITION

8Jaiprakash Associates to sell 24% stake in Jaiprakash Power to Adani Power for Rs. 2,993.59 crore
Jaiprakash Power Ventures disclosed on 23 May 2026 that promoter Jaiprakash Associates Limited signed a 20 May 2026 share-sale agreement with Adani Power Limited, transferring JAL's 24% shareholding and voting rights in Jaiprakash Power to Adani Power for Rs. 2,993.59 crore. The deal flows from the NCLT-approved Adani Enterprises resolution plan dated 17 March 2026 and a rectification order dated 8 May 2026, marking a major ownership shift in the power generator.

CAPACITY COMMISSIONING

8Sarda Energy says Supreme Court upheld SKS Power resolution plan, paving way to double capacity by FY30
Sarda Energy & Minerals said the Supreme Court upheld its resolution plan for SKS Power Generation (Chhattisgarh) Ltd, clearing the path to roughly double capacity by FY30 on the back of SKS Power's 2x300 MW thermal assets. The energy segment, which contributed two-thirds of FY26 EBITDA of Rs. 2,025 crore, also delivered the company's highest-ever annual thermal and hydro generation, with 5,458 MU of thermal and 661.37 MU of hydro output.

8NTPC Green adds 4,225 MW of renewables in FY26 to reach a 10,076 MW operational portfolio
NTPC Green Energy added 4,225 MW of renewable capacity in FY26, lifting its operational portfolio to 10,076 MW comprising 9,309 MW of solar and 767 MW of wind, while generation surged 114% to 14.6 BU. The company plans additions of 8.2 GW in FY27, 8.1 GW in FY28 and 8.4 GW in FY29, backed by a 14.4 GW under-construction pipeline and capex of Rs. 358 billion, Rs. 560 billion and Rs. 480 billion respectively.
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SOLAR POWER

8ABB Deltec case study cites 100 MW California solar farm using over 100,000 cable assemblies
ABB Installation Products' Deltec customer case study says a 100 MW central-California solar farm with more than 220,000 photovoltaic panels deployed over 100,000 Deltec cable-management assemblies. The company says the assemblies provide 20-plus years of UV resistance and 250 lb tensile strength, reducing replacement cycles that conventional 5-to-10-cent ties can require over a 20-year project life, positioning durable cable management as a solar-asset-protection theme.

8Ganesh Green Bharat scales solar EPC business with a Rs. 700 crore order book in FY26
Ganesh Green Bharat Limited, a solar PV module and EPC company on NSE Emerge, said its record FY26 - revenue above Rs. 1,067.60 crore, up 232% - was driven by solar systems, EPC services, electrical contracting and water-supply schemes. The company reported an order book of about Rs. 700 crore plus over Rs. 3,000 crore of tenders bid, and guided to FY27 revenue of Rs. 1,500–1,700 crore, signalling aggressive expansion in distributed solar.

POLICY & INCENTIVES

8BloombergNEF New Energy Outlook 2026 maps shifts in how the world produces and delivers energy
The New Energy Outlook 2026 executive summary, dated 19 May 2026, sets out BloombergNEF's energy-transition findings across power, fuels and demand in a 54,810-character document. It examines how the world produces, delivers and consumes energy under transition scenarios, serving as a macro reference for utilities, generators and agencies tracking the pace of decarbonisation and renewable-heavy power-system build-out through the coming decades.

8IRENA 2026 report compiles digitalisation and AI cases for transforming power systems
IRENA's 2026 report, drawn from Innovation Week 2025, compiles case studies on digitalisation and artificial intelligence for power-system transformation across a 115,329-character document. It frames AI, data and digital operations as tools for system integration, flexibility and management of renewable-heavy grids, offering a global reference point for system operators and agencies pursuing higher shares of variable renewable energy.

8Banpu Climate Change Report 2025 sets a pathway to net zero across its energy business
Banpu's Climate Change Report 2025 lays out a pathway to net zero across a 74,029-character report organised around governance, risk management, strategy, metrics and targets. The document places climate-transition planning at the centre of the energy group's narrative, detailing how it intends to manage transition risks and align its power and resources portfolio with decarbonisation goals over the coming years.

8RMI webinar pitches south-central and southwest US as a geothermal powerhouse region
Rocky Mountain Institute's 21 May 2026 webinar deck focuses on building a geothermal powerhouse region across the south-central and southwest United States. The 8,599-character presentation frames geothermal power as a regional energy and climate opportunity, highlighting the resource potential and policy levers that could scale geothermal generation as a firm, low-carbon complement to variable wind and solar in the region.
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CEA & GRID STANDARDS

8Grid-India sets all-India ISTS transmission loss at 3.38% for the 25–31 May week
Grid-India's NLDC notified an all-India inter-state transmission loss of 3.38% for the week 25–31 May 2026, computed under the CERC Sharing Regulations, 2020 from the previous week's SEM data. The figure was derived from 18,736.43 MU of injection and 18,128.01 MU of drawal at regional nodes, with 735.92 MU of exempted renewable injection, and block-wise losses ran mostly in the 2.8–3.7% range through the period.

8Jodhpur discom notifies self-certification threshold for generating units via 23 April gazette
Jodhpur Vidyut Vitran Nigam Limited issued an order on self-certification of the installation of generating units under the CEA (Measures relating to Safety and Electric Supply) Regulations, 2023. It reproduces a Rajasthan State Government notification dated 23 April 2026, gazetted on 11 May 2026, fixing the capacity above which generating units, including those from renewable sources, must be inspected by the Electrical Inspector before commissioning, issued under Regulation 34.

8Jodhpur discom implements Regulation 45 self-certification with a three-day deemed-acceptance rule
In a separate order, Jodhpur Vidyut Vitran Nigam Limited applied Regulation 45 of the CEA (Measures relating to Safety and Electric Supply) Regulations, 2023, requiring every electrical installation of notified voltage and below to be inspected, tested and self-certified by the owner, supplier or consumer before commencing supply or recommencing after a six-month shutdown. The self-certification report is deemed received if the Electrical Inspector does not acknowledge it within three working days.

TENDERS & PROCUREMENT (GEM/NIT)

8HPX schedules five reverse auctions on 23 May 2026 under circulars HPX_RA_00964 to 00968
Hindustan Power Exchange issued five Any-day Single-Sided Reverse Auction circulars on 23 May 2026, numbered HPX_RA_00964 through HPX_RA_00968, each running 2,451 characters under the LDC RA trading segment. The five auction notices, treated as one consolidated power-exchange procurement entry, set out the auction framework for participants seeking to transact in the exchange's reverse-auction window for the delivery period.

8APERC issues draft procurement and cost-control regulations to curb tender irregularities
The Andhra Pradesh Electricity Regulatory Commission released its Draft (Procurement, Investment and Cost Control) Regulations, 2026, to establish a uniform framework for procurement governance, investment approval, cost benchmarking and prudence review for transmission and distribution licensees. The draft explicitly targets restrictive tender conditions, cartelisation, collusive bidding and artificial splitting of procurement that ultimately inflate consumer tariffs across the state grid.

8Forum of Regulators invites a Technical Officer 'D' consultant for power-sector reform work
Via notice FOR-11012(14)/1/2026-CERC dated 22 May 2026, the Forum of Regulators - constituted under Section 166(2) of the Electricity Act, 2003 - invited contract engagement of a Staff Consultant at the Technical Officer 'D' level. The role supports the Forum's statutory work, including harmonising regulation, framing model regulations and developing frameworks for emerging areas such as energy storage and green-energy corridors across state commissions.

STATE UTILITY & HR NOTIFICATIONS

8MSETCL opens three Superintending Engineer (Civil) posts at about Rs. 2.40 lakh monthly emoluments
Maharashtra State Electricity Transmission Company Limited issued Employment Advertisement No. 03/2026 for three Superintending Engineer (Civil) posts carrying a pay scale of Rs. 1,09,935–2,43,780 and about Rs. 2,40,123 monthly gross emoluments. MSETCL, India's largest state transmission utility, said it operates 53,013 circuit km of transmission lines, 767 EHV substations and 1,47,063 MVA of transformation capacity across Maharashtra.

8RVPN amends 1975 Technical Workmen Service Regulations to revise reservation rules
Rajasthan Rajya Vidyut Prasaran Nigam Limited issued an order amending its RVPN Technical Workmen Service Regulations, 1975 with immediate effect, deleting provisos of Regulation 4(A) and substituting Sub-regulation 4(C). The change aligns reservation of vacancies - for Scheduled Castes, Scheduled Tribes, backward classes, EWS, ex-servicemen, persons with benchmark disabilities and others - with prevailing Government of Rajasthan rules for direct recruitment and promotion in the transmission utility.
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PEAK DEMAND & GRID FREQUENCY

8Grid-India says all-India demand hit 247,975 MW on 24 May 2026 with a 3.48 MU energy shortage
NLDC's daily power supply position for 24 May 2026 shows all-India maximum demand met at 247,975 MW at 22:36 and evening-peak demand met at 235,363 MW. Grid-India reported 5,513 MU energy met, a 3.48 MU energy shortage, a 131 MW peak shortage, plus 588 MU of solar and 546 MU of wind generation for the day, with the consolidated series drawn from the latest 24 May report.

8NLDC frequency holds inside the 49.7–50.2 Hz band 94.6% of 24 May, peaking at 50.40 Hz
The National Load Despatch Centre's frequency profile for 24 May 2026 shows the grid spent 94.61% of the day within the 49.7–50.2 Hz band and 32.20% within the tight 49.97–50.03 Hz range. Frequency stayed below 49.97 Hz for 39.14% of the time and above 50.05 Hz for 18.67%, reflecting a light-load Sunday pattern across the synchronised national grid managed by Grid-India.

8NERLDC meets a 3,071 MW evening peak with zero shortage on 24 May, Assam leading demand
NERLDC's power supply position for 24 May 2026 shows the North-Eastern Region met an evening peak of 3,071 MW at 49.96 Hz and an off-peak of 1,880 MW at 50.05 Hz, with no shortage in either window and day energy of 55.72 MU. Assam led state demand met at 35.09 MU while regional control-area generation totalled just 9.68 MU, leaving the region reliant on a net scheduled drawal of 50.35 MU.

8NRLDC records an 80,605 MW evening peak and 1,838 MU energy met on 24 May
Northern Regional Load Despatch Centre's daily report for 24 May 2026 shows evening-peak demand met of 80,605 MW against a requirement of 80,736 MW - a 131 MW shortage - at 49.956 Hz, with an off-peak demand met of 78,350 MW at 50.051 Hz and no shortage. Day energy met was 1,838 MU with a 2.2 MU shortage, and all ATC and N-1 violation percentages were shown as zero for major corridors.

8Northern Region demand met hit an 81,834 MW evening peak on 23 May at 49.988 Hz
NRLDC's Daily Operation Report for 23 May 2026 recorded a Northern Region evening peak of 81,834 MW against a requirement of 82,134 MW - a 300 MW shortage - at 49.988 Hz, while the off-peak met 78,363 MW with a 600 MW shortage at 50.066 Hz. Regional day energy reached 1,887 MU with a 5.52 MU shortage, and Punjab drew a scheduled 158.64 MU against actual 154.22 MU, running a minus 4.42 MU unscheduled interchange.

8ERLDC says eastern-region demand peaked at 33,792 MW on 24 May with no load curtailment
ERLDC's 24 May 2026 power supply position report shows eastern-region constituent maximum demands including West Bengal at 10,797 MW, Bihar at 8,815 MW, Odisha at 8,107 MW and DVC at 3,391 MW. The report records zero load and renewable curtailment in its reliability section, with the 22–24 May series represented by the latest 24 May data as the eastern grid met demand without shedding.

8WRLDC reports a 70,786 MW evening peak and 1.28 MU shortage in the western region on 24 May
WRLDC's 24 May 2026 power supply position shows western-region evening-peak demand met at 70,786 MW with zero peak shortage at 50.1 Hz and off-peak demand met at 70,353 MW at 50.05 Hz. Day energy met was 1,708.6 MU against a 1.28 MU shortage, with the region running a net overdrawal of about 27 MU, and the 22–24 May WRLDC series consolidated on the latest date.

8SRLDC meets a 49,625 MW peak with zero shortage on 24 May at 49.98 Hz
SRLDC's power supply position for 24 May 2026 shows the Southern Region met an evening peak of 49,625 MW at 49.98 Hz and an off-peak of 46,499 MW at 50.06 Hz, with no shortage and day energy of 1,187.36 MU. Tamil Nadu led state demand met at 372.88 MU, followed by Andhra Pradesh at 262.61 MU, Telangana at 228.18 MU and Karnataka at 226.88 MU, each running modest negative unscheduled interchange.

8SRLDC frequency stays in the 49.7–50.2 Hz band 94.6% of 24 May as out-of-band time hits 33%
The Southern Region daily frequency profile for 24 May 2026 logged an average frequency of 49.985 Hz, a standard deviation of 0.103 Hz and a Frequency Deviation Index of 0.107. Frequency sat within the wide 49.7–50.2 Hz band 94.606% of the day but stayed outside the IEGC band 33.009% of the time - about 7.92 hours - peaking at 50.323 Hz at 08:00 and bottoming at 49.578 Hz at 14:26.

8NERLDC records a 50.00 Hz average and FDI of 0.107 on 23 May
The North-Eastern Region's Frequency Deviation Index report for 23 May 2026 logged an average frequency of 50.00 Hz, a maximum of 50.16 Hz and a minimum of 49.67 Hz. Frequency stayed within the 49.9–50.05 Hz band 74.41% of the time, dipped below 49.9 Hz for 6.45% and exceeded 50.05 Hz for 19.14%, leaving the NERLDC-managed system outside the band for 25.59% of the day.

OCC MEETINGS & OUTAGE PLANNING

8WRLDC's 24 May outage sheet lists RGPPL, Gandhar and Kawas units under reserve shutdown
WRLDC's generation outage report for 24 May 2026 lists planned outages including RGPPL Unit 2A at 331.75 MW, RGPPL Unit 3X at 237.5 MW, Gandhar ST at 224.5 MW, Gandhar GT1 at 144.3 MW and Kawas Unit 2C, mostly under reserve shutdown. The 22–24 May WRLDC generation-outage series is consolidated into this latest-date entry, reflecting surplus gas-based capacity idled amid soft demand in the western grid.

8WRLDC keeps the 400 kV Wardha-Warora reactor out since May 2018 in its latest line-outage status
WRLDC's 24 May 2026 line-outage status lists the 400 kV Wardha-Warora-PG 2 line reactor at Wardha under planned outage since 4 May 2018 at 08:32, citing LILO work at Warora PS and later ferroresonance-related reasons. The report, the latest of the 22–24 May files, catalogues long-standing western-region transmission elements still out of service after years, alongside more recent planned shutdowns across the region.

8NRLDC lists long-pending 220–765 kV transmission outages, including a 247-day Dehradun bay shutdown
The planned-transmission-element shutdown report for 22–24 May 2026 catalogues Northern Region outages under POWERGRID, RRVPNL and others, including a 220 kV transfer-bus bay at Dehradun out since 19 September 2025 - 247 days against a planned 10 hours - for asset-management work. It also lists 765 kV bays at Narela held since February 2026 for the Sikar-II/Khetri line erection, highlighting availment far beyond planned durations.

8ER-NPMC's 24 May outage sheet lists a 43.65 MW Burla hydro unit under annual maintenance
Eastern Regional NPMC's 24 May 2026 generation outage report records no central-sector planned outage and lists a state-sector planned outage at OHPC's Burla hydro Unit 5 of 43.65 MW for annual maintenance. The three daily ER-NPMC outage reports for 22–24 May were compared and consolidated to the latest 24 May data, capturing the eastern region's modest planned generation unavailability.

8SRLDC flags the 400 kV Ramagundam–Telangana STPP line out since March 2023 in its 24 May outage report
SRLDC's transmission outage report for 24 May 2026 lists planned outages including the 400 kV Ramagundam–Telangana STPP-1 AC line under POWERGRID, idle since 24 March 2023 and held for charging after final test certificate. The companion generating-unit outage report flags central-sector units such as LKPPL ST2 (233 MW, Andhra Pradesh, LANCO) forced out from 24 May 2026 due to 'no schedule.'

8Grid-India's AS-SCUC report shows zero interstate reserve deployment through 24 May
Grid-India's Ancillary Services and Security Constrained Unit Commitment report for 24 May 2026 depicts spinning up and down reserves at inter-state level with reserve requirements marked across 24 hourly blocks. The 22, 23 and 24 May reports were consolidated to the latest date, with the 24 May chart showing no reserve deployment values above zero, indicating the grid balanced without calling on ancillary reserves.

8Odisha hydro stations generate 38.62 MU on 20 May, with Balimela topping at 6.10 MU
The Odisha reservoir and generation report for 20 May 2026 records total equivalent energy of 38.62 MU across the state's hydro stations, led by Balimela (BHEP) at 254.25 MW average and 6.10 MU with a 383 MW peak, and Mukhiguda (UIHEP) at 249.17 MW and 5.98 MU. Chipilma's Unit 1 was forced out for a runner-blade problem and Burla's Unit 5 was under annual maintenance, while reservoir levels held near full at Balimela at 1,477.2 ft against an FRL of 1,516 ft.

8SRLDC issues a week-ahead southern demand forecast of up to about 67,000 MW for 25–31 May
SRLDC published both a day-ahead demand forecast for 25 May 2026 and a week-ahead Southern Region demand forecast spanning 25–31 May 2026, with the band charted between roughly 40,000 MW and 67,000 MW across the week. The forecasts support scheduling and resource-adequacy planning for the five southern states and Puducherry, helping constituents line up generation and procurement ahead of the demand curve.

REGIONAL ENERGY ACCOUNT & SYSTEM RELIABILITY

8WRLDC reliability report flags a Maharashtra ATC violation at 14 blocks and 3.5 hours on 24 May
WRLDC's daily system reliability indices report for 24 May 2026 shows Maharashtra with 14 blocks, 3.5 hours and a 14.6% ATC violation, while Gujarat, Madhya Pradesh, Chhattisgarh, Goa and DNHDDPDCL recorded zero blocks and zero hours. The three reliability reports from 22–24 May were consolidated to the latest data, marking Maharashtra as the lone western-region constituent breaching available transfer capability that day.

8Grid-India reports zero ATC and N-1 violations across all five inter-regional corridors on 24 May
NLDC's System Reliability Indices report for 24 May 2026 recorded no Available Transfer Capability violations and no N-1 criteria violations on any of the five monitored corridors - WR-NR, ER-NR, Import of NR, NEW-SR and NER Import. The accompanying 24-hour voltage profile showed stations such as Agra holding 100% of the time within the 728/380 kV to 800/420 kV band, with voltages between 767 kV and 790 kV.

8WRPC puts about Rs. 31.46 crore of April 2026 compensation on seven NTPC-linked western plants
The Western Regional Power Committee statement for April 2026 lists compensation payable for Mouda, Mouda-II, Solapur, Gadarwara-I, Khargone-I, VSTPS-II and NSPCL, totalling about Rs. 31.46 crore. Solapur carried the largest final compensation at Rs. 11.40 crore, followed by Mouda-II at Rs. 6.10 crore and Khargone-I at Rs. 6.04 crore, while SCED payouts included Rs. 23.58 lakh for Mouda-II and Rs. 11.03 lakh for Mouda.

8ERPC issues a 4–10 May 2026 reactive-energy charge schedule across eastern beneficiaries
The Eastern Regional Power Committee, Kolkata circulated a reactive-energy charge statement for 4–10 May 2026 covering beneficiaries including BSPHCL, DVC, NTPC, APNRL and Powergrid-connected meters across 400 kV and 220 kV lines. Using 6 Rs/MVArH high and low rates, it lists net charges such as Rs. -19,572 on the 220 kV Purnea-Madhepura BSPHCL line and Rs. 22,242 on the 220 kV Nadhokhar-Pusauli line.

8ERPC's Bhutan reactive-energy sheet posts a Rs. -59,106 charge on the Alipurduar-Jigmeling line
The Eastern Regional Power Committee's Bhutan reactive-energy sheet covers NVVN-Bhutan transactions from 4–10 May 2026. The 400 kV Alipurduar (PG)-Jigmeling (Bhutan) Punatsangchhu Line-1 shows net charges ranging from Rs. -29,586 to Rs. -59,106 at 6 Rs/MVArH, while Line-2 carried zero net charge across the same week, reflecting cross-border reactive-energy accounting between India and Bhutan.

8ERPC's English reactive-charge note repeats 6 Rs/MVArH rates for eastern beneficiaries for 4–10 May
The Eastern Regional Power Committee's English addressee note restates the 4–10 May 2026 reactive-energy schedule for eastern constituents including BSPTCL, BSPHCL, JBVNL, DVC, GRIDCO, OPTCL, WBSETCL, NHPC, NTPC and ERLDC. The charge statement applies 6 Rs/MVArH for high and low reactive energy and identifies line-level entries such as the 400 kV Barh-Patna and 220 kV Muzaffarpur-Hajipur, anchoring the committee's grid-accounting follow-up.

8SRLDC records zero ATC and N-1 violations on its southern corridors for 23 May
SRLDC's System Reliability Indices report for 23 May 2026, filed from Bengaluru, shows no ATC violations and no N-1 criteria violations on either monitored corridor - S1 to S2nS3 and Import of S3 - with violated blocks, hours and percentages all at zero. The result indicates a comfortably secure Southern Region transmission state through the day, with no over-drawal stress on the import corridors.

8APCPDCL reports a 23.82% AT&C loss and 81.16% collection efficiency for Q4 FY2025-26
The Central Power Distribution Corporation of Andhra Pradesh's Q4 FY2025-26 energy-accounting report, covering 1 January to 31 March 2026, shows input energy purchase of 4,383.652 million kWh, net input of 4,279.492 million kWh and total energy billed of 4,017.041 million kWh. The numbers yield a T&D loss of 6.13%, a collection efficiency of 81.16% and an aggregate technical and commercial loss of 23.82% for the quarter.

8NLDC's SCUC schedules North Karanpura STPS at 760 MW for 25 May at about 209 paise/kWh
Grid-India's NLDC Security Constrained Unit Commitment for delivery date 25 May 2026, published a day ahead at 1500 hrs, lists North Karanpura STPS scheduled at 760.04 MW over blocks 40–56 at an energy charge rate of 208.8 paise/kWh, alongside multiple Vindhyachal STPS stages committed at ECRs of roughly 210–213.5 paise/kWh, all flagged YES under the SCUC column, illustrating the least-cost unit commitment stack for the day.

8NERLDC reports no TTC violations on its intra-regional corridors in the 23 May reliability report
NERLDC's System Reliability Report for 23 May 2026, filed from Shillong, recorded no Total Transfer Capability violations on its monitored intra-regional import corridors, with violation percentages at zero and no intimation of corrective action required. The report tracks over-drawal and under-injection behaviour of regional entities such as ISGSs and DISCOMs during any TTC breach, confirming a secure north-eastern grid state for the day.

8ERLDC's eastern-region forecast error eases to 3.51% day-ahead MAPE on 23 May
ERLDC's Regional Forecasting Error report for 23 May 2026 recorded a day-ahead Mean Absolute Percentage Error of 3.51% (RMSE 4.18%) and a lower intraday MAPE of 1.85% (RMSE 3.58%)Block-level data shows day-ahead forecasts running below actual demand in the early morning - for instance 32,912 MW forecast against 34,116 MW actual in block 1 - while intraday forecasts overshot, underscoring the value of intraday revision.

8ERLDC holds every 765 kV eastern node within the IEGC band on 23 May with a zero deviation index
ERLDC's Voltage Deviation Index report for 23 May 2026 shows key 765 kV substations - Ranchi New, Angul, Gaya, Jharsuguda, Sasaram and Darlipally - all spending 100% of the day within the IEGC band, each recording a VDI of 0.00. Average voltages ran high but in-band, such as 783.57 kV at Angul and 784.52 kV at Sasaram, against a range of roughly 758–793 kV across the monitored eastern nodes.

POWER MARKET CLEARING

8IEX Day-Ahead Market clears 1.42 lakh MWh at Rs. 4,052.78/MWh on 24 May as buy bids spike mid-week
On the Indian Energy Exchange Day-Ahead Market, 24 May 2026 cleared 1,42,283.79 MWh at a weighted average market clearing price of Rs. 4,052.78/MWh, with purchase bids of 4,38,579.91 MWh. Across 18–25 May the DAM cleared a total 10,76,906.81 MWh, with the area clearing price peaking at Rs. 6,603.32/MWh on 22 May amid a buy-bid spike to 6,68,231.48 MWh and averaging Rs. 6,060.27/MWh over the window.

8IEX Real-Time Market schedules 1.77 lakh MWh on 24 May at Rs. 4,271.39/MWh
The IEX Real-Time Market scheduled 1,77,138.86 MWh on 24 May 2026 at a weighted MCP of Rs. 4,271.39/MWh, the lowest daily clearing in the 18–25 May window. RTM volumes totalled 11,47,472.85 MWh of final scheduled volume over the period, with the area MCP peaking at Rs. 6,520.27/MWh on 21 May and averaging Rs. 5,127.94/MWh, reflecting volatile real-time pricing through a week of shifting demand.

8IEX Green Day-Ahead Market schedules 39,690 MWh on 24 May with non-solar volume leading
IEX's Green Day-Ahead Market cleared 39,690.23 MWh of total market clearing volume on 24 May 2026 at an MCP of Rs. 6,315.56/MWh, split across solar, non-solar and hydro segments, with non-solar (wind-led) volume of 1,21,068.87 MWh leading the final scheduled mix. Over 18–25 May, G-DAM averaged an MCP of Rs. 6,516.42/MWh and peaked at Rs. 6,776.70/MWh on 23 May.

8HPX Real-Time Market schedules 2,543.75 MWh on 24 May at the Rs. 10,000/MWh ceiling
Hindustan Power Exchange's RTM volume profile report shows 2,543.75 MWh scheduled on 24 May 2026 against purchase bids of 8,640 MWh, all at Rs. 10,000/MWh. Daily scheduled volumes over 18–24 May ranged from 2,044.29 MWh on 20 May to 3,700 MWh on 23 May, with the exchange's real-time prices pinned at the regulatory ceiling throughout the week amid thin participation in the segment.

8PXIL Real-Time Market schedules 27,405 MWh over 16–25 May at the Rs. 10,000/MWh ceiling
Power Exchange India Ltd's Real-Time Market cleared a total final scheduled volume of 27,405.41 MWh between 16 and 25 May 2026, all transacting at or near the Rs. 10,000/MWh ceiling. Daily clearing peaked at 6,750 MWh on 22 May against purchase bids of 15,440 MWh, while 24 May scheduled 718.21 MWh, illustrating sharp day-to-day swings in PXIL's real-time liquidity over the period.
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COAL PRODUCTION & OFFTAKE

8CEA daily coal report shows Haryana and Punjab utilities above normative stock at 128–131% on 22 May
The CEA Fuel Management Division's Daily Coal Stock Report as on 22 May 2026 shows HPGCL's 2,510 MW fleet holding 1,252.9 thousand tonnes - 128% of normative stock - and PSPCL's 2,300 MW fleet at 1,005.8 thousand tonnes, or 131%. Individual stations such as Ropar TPS at 157% and Panipat TPS at 139% reported comfortable buffers, with no critical-stock plants flagged among the listed northern utilities.

8CEA cumulative coal report tracks April stock build at stations like Talwandi Sabo to 104%
The CEA cumulative coal-supply status for April 2026 compares opening and closing stocks across thermal stations, showing Talwandi Sabo TPP receiving 104% of required coal and closing the month with 22 days of stock, while Adani Power Kawai received 112% but ran a thin 11-day buffer. The report tracks quantity, days-of-stock, receipt percentage and consumption for each station nationwide, mapping fuel security ahead of peak summer demand.

GAS & LNG

8CEA reports gas-grid stations drawing just 26.49 MMSCMD of domestic gas in March
The CEA Fuel Management Division's monthly fuel-supply report for gas-based power stations in March 2026 shows grid-connected plants such as one 5,624.73 MW block consuming 26.49 MMSCMD of total domestic gas against generation of only 3.71 MU, with negligible RLNG and alternate-fuel use. The data underscores the continued low utilisation of India's gas-fired fleet despite available domestic and imported gas allocations.

E-AUCTION & PRICING

8CEA pegs all-India generation at 5,051 MU on 21 May, running 2.86% below programme year-to-date
The CEA Daily Generation Report for 21 May 2026 shows all-India actual generation of 5,051.33 MU against a programme of 4,578.63 MU on the day, but a cumulative shortfall from 1 April of 6,847.71 MU - 2.86% below the year-to-date programme of 239,587.22 MU. Monitored capacity stood at 310,773.79 MW against installed capacity of 538,364.41 MW, with the annual generation target set at 1,715,000 MU.

8CEA reports 264,991 MW online and 45,783 MW under outage across India on 21 May
The CEA All-India Summary for 21 May 2026 shows 2,64,990.89 MW online out of 3,10,773.79 MW monitored capacity, with 45,782.90 MW unavailable - 4,832.10 MW on forced outage, 31,519.41 MW under planned maintenance and 9,431.39 MW out for other reasons. The Western Region carried the largest online block at 90,574.38 MW, followed by the Northern Region at 66,880.27 MW, indicating ample available capacity nationwide.

8Northern Region generation falls 8.41% short of programme on 21 May, CEA overview shows
Per the CEA regional generation overview for 21 May 2026, the Northern Region produced 1,340.21 MU against a programme of 1,193.90 MU on the day but lagged 5,054.54 MU, or 8.41%, year-to-date, with thermal down 6.51% and nuclear down 25.05%. By contrast the Western Region nearly matched programme at minus 0.33%, aided by hydro running 31.16% above target, reflecting uneven regional generation performance against the annual plan.

8CEA installed capacity reaches 537,265 MW as on 30 April with renewables the largest mode
The CEA location-wise regional installed-capacity summary as on 30 April 2026 shows the Western Region leading at 1,93,770.97 MW, followed by the Northern Region at 1,44,572.05 MW and the Southern Region at 1,42,563.02 MW, with the Eastern and North-Eastern regions at 50,060.19 MW and 6,298.18 MW. Renewable sources dominate several regions, including 89,068.57 MW of RES in the West and 71,657.77 MW in the South.

8CEA category-wise, fuel-wise report splits 21 May output across coal, hydro, nuclear and renewables
The CEA category-wise, fuel-wise generation report for 21 May 2026 disaggregates national output across coal, lignite, gas, diesel, hydro, nuclear and renewable sources, providing the fuel-mix backbone behind the day's 5,051.33 MU of all-India generation. The breakdown, compiled by the Operation Performance Monitoring Division, lets planners track how much each fuel contributed against programme amid a year-to-date shortfall of 6,847.71 MU.

8CEA daily report flags 31,519 MW under planned maintenance and 4,832 MW on forced outage on 21 May
The CEA daily maintenance and outage reports for 21 May 2026 enumerate generating units out of service, accounting for 31,519.41 MW under planned maintenance and 4,832.10 MW on forced outage nationwide, alongside units out for more than 15 days and more than a year during 2026-27. The granular outage tracking underpins the day's available online capacity of 2,64,990.89 MW against 3,10,773.79 MW monitored.
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For reference purposes the website carries here the following newsclips:
 
8Hyderabad Should Become A Renewable Energy Hub: Kishan Reddy Details
 
8Centre amends Rules to include 5 types of fuel dispensers verification Details
 
8Q4 results: ABFRL, Hitachi Energy, NBCC, Pine Labs, and 135 more on May 25 Details
 
8Shanxi Coal Mine Explosion: Managers Detained After Fatal Blast Details
 
8Beyond Coal, Beyond Oil Details
 
8Power Demand Tracker: Peak demand reduces to 259.8 GW, shifts 15 minutes earlier to 3:22 pm Details
 
8India’s largest renewable O&M demerges: Dumping heavy infrastructure to isolate a 50% margin annuity Details
 
8UP signs Rs 5,000 crore allotment letters with firms for Yeida development Details
 
8From Candles to 260 GW: How Bharat Learned to Keep the Lights On Details
 
8When geopolitics hits the factory floor: The new risk map for electrical equipment manufacturing Details
 
8Adani overhang easing after US SEC case, funding may revive: Bernstein Details
 
8High duties on solar parts slow green transition Details
 
8India’s Solar energy journey : A Clean Energy Giant Built on Chinese Foundations Details
 
8Behind the transformation of the power distribution sector Details
 
8Heatwave-driven power demand surge triggers localised outages across cities Details
 
8Coal India plans syngas projects near gas-based power, DRI and fertiliser units as gas supply tightens Details
 
8Coal India Syngas Projects Driving India’s Feedstock Revolution Details
 
8REC Ltd Wins “NBFC of the Year” Award at 2026 Bharat NBFC & FinTech Summit for Infrastructure Financing Excellence Details
 
85 Top Solar Stocks With Strong Order Books to Keep on Your Radar Details
 
8Congress conspiring to end free power to farmers, alleges KTR Details
 
8AI-driven power demand revives global nuclear energy push: Report Details
 
8KTR slams Revanth Reddy's govt over prepaid electricity meters plan Details
 
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For reference purposes the website carries here the following newsclips:
 
8India’s Power Demand Hits Record High as Heat Drives Coal Use Details
 
8Govt urges people to use electricity judiciously as heatwave pushes power demand to record high Details
 
8US NAPP coal gains traction in India's cement sector as petcoke loses cost edge Details
 
8Coal stocks at power plants dip to 68% of normative level as heatwaves drive power demand Details
 
8MoS Coal and Mines Satish Chandra Dubey Releases INDIANPSU Diary and Directory - 2026 Details
 
8Gujarat didn’t just lead India’s solar revolution, it wrote the rulebook: Read how the state is the star in renewable energy story Details
 
8India blocks China’s request for dispute panel on solar sector support measures at WTO Details
 
8GameChange Solar, First Solar Expand India Partnership Details
 
8Fujiyama Power Systems to Boost Domestic Solar Manufacturing with Ratlam Facility Details
 
8Solar & Storage Expo GOA 2026 to Welcome Top Government Energy Leaders Details
 
8Tata Power Renewables’ 100 MW Rojmal Wind Project Strengthens Gujarat’s Clean Energy Landscape Details
 
8Green Energy Stock Jumps After Securing 195 MW Order From Sunsure Energy Details
 
8Govt urges people to use electricity judiciously as heatwave pushes power demand to record high Details
 
8Kamal Hassan supports PM Modi's call to save energy: 'National responsibility is above party politics' Details
 
8Gurugram Power Crisis: Sector 72 Transformer Fire Plunges City Into Darkness As 7 Substations Go Down, Halting Rapid Metro Details
 
8REC Ltd Wins “NBFC of the Year” Award at 2026 Bharat NBFC & FinTech Summit for Infrastructure Financing Excellence Details
 
8India’s Capital Goods Industry Set To See Double-Digit Growth This Fiscal Details
 
8Heatwave Pushes India’s Daytime Electricity Demand to All-Time High of 270.82 GW Details
 
8Power Demand Tracker: India meets all-time high demand of 270.8 GW, renewable energy share 34% Details
 
8Odisha govt invokes ESMA, bans strikes in power sector amid outage concerns Details
 
8Will fixed-charge reform fix discom losses, or only repackage them Details
 
8Ministry of Power Implements Jan Vishwas Act Reforms In Power Sector From June 1, 2026 Details
 
8Rising Electricity Demand and the Challenge of Energy Management in India Details
 
8Can India’s Electrical Equipment Industry Become the Next Big “Make in India” Success Story Details
 
8Odisha govt invokes ESMA, bans strikes in power sector amid outage concerns Details
 
8India eyes next leap in power transmission with 1,150 kV UHV integration Details
 
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COAL PRODUCTION & OFFTAKE

8Coal plants run at 81.9% of monitored capacity on 20 May 2026 as 23,569.51 MW sits in outage: CEA
The CEA's capacity-utilisation report for 20 May 2026 shows coal-based stations achieving net output equal to 81.9% of monitored capacity, with 23,569.51 MW (10.58%) of the 222,697.51 MW coal fleet under outage. Across all thermal units, 34,538.57 MW (13.81%) was out including 28,725.31 MW under forced outage, while hydro carried the highest outage proportion at 19.95%, leaving net thermal output at 195,363.04 MW.

8CEA tracks 16 coal, lignite and nuclear units under maintenance across India on 20 May 2026
The CEA's Daily Maintenance Report for coal, lignite and nuclear units for 20 May 2026 catalogued units under planned, forced and other outages, including Panipat TPS Unit 6 in Haryana out since 18 May 2026 for a low-temperature superheater tube leakage and Ropar TPS Unit 4 (210 MW) under boiler overhaul since 14 March 2026. Long-duration outage trackers flagged Giral TPS in Rajasthan as likely to be scrapped after being offline for over a decade.

8CEA daily coal stock report flags critical inventories at power plants as on 20 May 2026
The Central Electricity Authority's Fuel Management Division Daily Coal Stock Report as on 20 May 2026 tabulated plant-wise coal positions recording for each station its capacity, daily requirement at 85% PLF, normative stock required and actual stock as a percentage of normative. Haryana's HPGCL fleet of 2,510 MW held 1,296.1 thousand tonnes against a normative requirement of 978.32 thousand tonnes, while the report identified plants in the critical stock category.

8CEA logs 91,596.59 MU fuel-wise generation for May as coal powers 4,061.82 MU on 20 May 2026
The Central Electricity Authority's fuel-wise generation report for 20 May 2026 shows coal-fired stations generating 4,061.82 MU for the day from an installed 222,697.51 MW, alongside lignite at 93.13 MU, natural gas 92.64 MU, nuclear 187.28 MU and hydro 497.89 MU, for a total of 4,945.73 MU. The cumulative fuel-wise generation for May 2026 reached 90,860.35 MU against a programme of 91,596.59 MU.

8CEA reports 45,507.72 MW of capacity offline on 20 May 2026, leaving 265,266.06 MW online
The CEA's All-India Summary Report for 20 May 2026 placed total capacity under outage at 45,507.72 MW out of 310,773.79 MW monitored, comprising 31,687.41 MW under planned maintenance, 4,775.90 MW forced and 9,044.42 MW out for other reasons, leaving 265,266.06 MW online. The companion capacity-availability report showed Northern Region monitored capacity of 81,766.72 MW with 13,618.51 MW unavailable.

8CEA coal stock report updates critical and super-critical plant status for 20 May 2026
Coal India Limited's coal stock position report in the CEA format dated 20 May 2026 updated inventory positions at power plants linked to Coal India Limited and SCCL, reporting indigenous, imported and total stock in days against the 55% PLF benchmark. The report identifies plants carrying critical or super-critical stock under the monitoring methodology dated 8 November 2017, providing daily oversight of fuel security across India's coal-dependent generation fleet.
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PEAK DEMAND & GRID FREQUENCY

8All-India power demand peaks at 270,820 MW on 21 May 2026 with 5,830 MU met and 1,695 MW peak shortage
Grid Controller of India's National Load Despatch Centre reported that all-India maximum demand met touched 270,820 MW at 15:45 hrs on 21 May 2026, against which 5,830 MU of energy was met during the day with an energy shortage of 15.02 MU. The Northern Region accounted for the largest peak demand at 86,772 MW with a peak shortage of 1,242 MW, while the Western, Southern, Eastern and North Eastern regions met 81,592 MW, 68,072 MW, 34,403 MW and 3,719 MW respectively.

8All-India grid holds average frequency at 50.003 Hz on 21 May 2026 with Frequency Deviation Index of 0.028
Grid Controller of India's frequency profile for 21 May 2026 recorded an average system frequency of 50.003 Hz with a standard deviation of 0.053 Hz and a Frequency Deviation Index of 0.028, the system staying within the 49.7-50.2 Hz band for the full 1,440 minutes of the day. Frequency remained between 49.9 and 50.1 Hz for approximately 93.9% of the time, with instantaneous values touching a maximum of 50.179 Hz at 17:04 hrs.

8Northern Region peak demand 79,001 MW on 21 May 2026 carries 1,242 MW shortage and 12.33 MU energy gap
Grid Controller of India's Northern Regional Load Despatch Centre reported that the Northern Region met an evening peak demand of 79,001 MW at 20:00 hrs on 21 May 2026 against a requirement of 80,244 MW, leaving a peak shortage of 1,242 MW, with frequency at 50.066 Hz. The region recorded net day energy of 1,870 MU with an energy shortage of 12.33 MU and an off-peak shortage of 684 MW.

8Western Region demand peaks at 74,584 MW with no shortage on 21 May 2026; day energy 1,780.2 MU
Grid Controller of India's Western Regional Load Despatch Centre reported that the Western Region met an evening peak demand of 74,584 MW at 20:00 hrs on 21 May 2026 with no shortage, alongside an off-peak demand of 71,760 MW and a frequency of 50.08 Hz. The region's net day energy stood at 1,780.2 MU with no energy shortage recorded for the day.

8Southern Region meets 56,674 MW evening peak on 21 May 2026 with 140 MW shortage and 1,338.8 MU day energy
Grid Controller of India's Southern Regional Load Despatch Centre issued its suite of daily operational reports for 21 May 2026, recording an evening-peak demand met of 56,674 MW against a 56,814 MW requirement, a shortage of 140 MW and net day energy of 1,338.8 MU. The SRLDC also published its TTC-ATC and System Reliability Indices report recording zero corridor violations for the Southern Region on 21 May 2026.

8Eastern Region logs 32,144 MW evening peak on 21 May 2026 with 313 MW deficit and 730.61 MU day energy
Grid Controller of India's Eastern Regional Load Despatch Centre reported that the Eastern Region met an evening peak demand of 32,144 MW at 20:00 hrs on 21 May 2026 against a requirement of 32,457 MW, a shortfall of 313 MW, with frequency at 50.07 Hz. The region's net day energy stood at 730.61 MU with a marginal shortage of 1.11 MU and an off-peak demand of 30,735 MW met without shortage.

8North Eastern Region meets 3,688 MW evening peak without shortage on 21 May 2026; day energy 71.22 MU
Grid Controller of India's North Eastern Regional Load Despatch Centre reported that the North Eastern Region met its evening peak demand of 3,688 MW at 20:00 hrs on 21 May 2026 with no shortage and a frequency of 50.07 Hz. The region's net day energy was 71.22 MU with a shortage of just 0.6 MU, while state availability and drawal details were tabulated for Arunachal Pradesh and other NER states.

8NLDC publishes all-India angular spread map referenced to Vindhyachal for 21 May 2026
Grid Controller of India's National Load Despatch Centre issued its All-India Angular Spread report for 21 May 2026, mapping the voltage-phase angular separation of major grid nodes such as Agra, Alipurduar, Chandrapur, Korba, Kolar, Moga, Talcher and Pavagada with reference to Vindhyachal. The angular spread is a key indicator of inter-regional grid stress and is monitored daily as part of system security assessment.

OCC MEETINGS & OUTAGE PLANNING

8NLDC lists 37 transmission elements under planned outage in Northern Region as on 21 May 2026
Grid Controller of India's Planned Shutdown Report for 21 May 2026 detailed 37 transmission elements under planned outage in the Northern Region, dominated by 400 kV (31 instances), 220 kV (22) and 765 kV (11) equipment owned by POWERGRID, RRVPNL and others. Several outages had run far beyond plan, such as a 220 kV transfer bus bay at Dehradun (PG) availed for 245 days against a planned 10 hours, and a 400 kV tie bay at Bhadla extended 161 days.

8NRPC convenes 54th Commercial Sub-Committee meeting on 29 May 2026 with 13-point agenda spanning SCUC, gas plants and LC issues
The Northern Regional Power Committee scheduled the 54th meeting of its Commercial Sub-Committee for 29 May 2026 at 10:30 a.m. in hybrid VC mode at the NRPC Conference Room, Katwaria Sarai, New Delhi. The 13-item agenda covers ramping constraints in schedule preparation, accounting of PSP plant outages in the Regional Energy Account, SCUC dispatch for gas power plants, rebate on SJVNL arrear bills, weekly TRAS and SCUC accounts for gas stations, and Letter of Credit and payment-compliance issues raised by POWERGRID.

8NRPC sets 7th Renewable Energy Sub-Committee meeting for 26 May 2026 via video conference
The Northern Regional Power Committee, in its agenda dated 21 May 2026, convened the 7th meeting of its Renewable Energy Sub-Committee for 26 May 2026 at 11:00 a.m. through video conferencing. The agenda, available on the NRPC website, addresses renewable-energy commercial and operational matters for the Northern Region, including scheduling, forecasting and integration-related topics for the ongoing financial year.

8WRLDC reports Maharashtra ATC violated 1.8% of time on 21 May 2026 in Western Region reliability report
Grid Controller of India's Western Regional Load Despatch Centre published its Daily System Reliability Indices Report for 21 May 2026, recording that Maharashtra's Available Transfer Capability was violated in 7 blocks (1.8% of the time, over 7.3 hours), while Gujarat, Madhya Pradesh, Chhattisgarh and Goa recorded zero ATC violations. The DNHDDPDCL system saw 3 blocks (0.8%) violated, and the report tracked the (N-1) security criterion across the region.

8NLDC publishes SCUC schedule for 22 May 2026 listing 33 constrained generators led by Vindhyachal STPS Stage 4
Grid Controller of India's NLDC issued its Security Constrained Unit Commitment schedule for 22 May 2026, listing 33 generators flagged as SCUC-committed. Vindhyachal STPS Stage 4 topped the list with a schedule of 501.87 MW at an energy charge rate of 210.1 paise/kWh, followed by Vindhyachal Stage 3 (449.16 MW), Barh 1 (644.42 MW) and Kahalgaon Stage 2 (649.36 MW), with each station's time blocks and ECR detailed.

8Eastern Region Day-Ahead Forecast records 5.32% MAPE for 20 May 2026: Grid-India
Grid Controller of India's Eastern Regional forecasting error report for 20 May 2026 recorded a day-ahead Mean Absolute Percentage Error of 5.32% (RMSE 5.54%) and a sharper intraday MAPE of 1.66% (RMSE 2.5%). Block-wise data showed actual demand of 31,021.45 MW in the opening 00:00-00:15 block against a day-ahead forecast of 29,994.54 MW, an error of approximately 1,425 MW, illustrating the demand-prediction accuracy underpinning regional scheduling.

REGIONAL ENERGY ACCOUNT

8India's power generation hits 4,945.73 MU on 20 May 2026, trailing programme by 3.12%: CEA Daily Report
The Central Electricity Authority's Daily Generation Report for 20 May 2026 recorded all-India actual generation of 4,945.73 MU against a programme of 4,577.27 MU, with thermal at 4,248.72 MU, hydro 497.89 MU, nuclear 187.28 MU and 11.84 MU imported from Bhutan. Against an all-India installed capacity of 538,364.41 MW, the cumulative generation from 1 April stood at 227,681.67 MU versus a programme of 235,008.59 MU, a shortfall of 7,326.92 MU or 3.12%.

8NRPC issues Week 06 ancillary services and regional SCUC account for 4-10 May 2026 with 28 May payment deadline
The Northern Regional Power Committee issued on 21 May 2026 the Ancillary Services Account (SRAS and TRAS) and Regional SCUC Account for Week No. 06, F.Y. 2026-27 (4 to 10 May 2026), prepared under the CERC Ancillary Services Regulations, 2022 and CERC (Indian Electricity Grid Code) Regulations, 2023. The statement fixes 28 May 2026 as the due date for payment with a 0.04% per-day late surcharge, recording SRAS settlement totals including a net of 12,340,579 payable into the NR Deviation and Ancillary Services Pool Account.

8NRPC releases Week 06 deviation charges statement for Northern entities for 4-10 May 2026, payment due 31 May
The Northern Regional Power Committee issued, on 21 May 2026, the Statement of Charges for Deviation for Week No. 06 (4 to 10 May 2026, F.Y. 2026-27) for Northern regional entities, prepared under the CERC (Deviation Settlement Mechanism and Related Matters) Regulations, 2024. The statement fixes the payment due date as on or before 31 May 2026 with a 0.04% per-day late surcharge, recording actual and scheduled volumes such as 18,089.53 MWh against 18,025.83 MWh for one entity group.

8NERLDC issues revised DSM account for Loktak HEP for 4-10 May 2026 with 10-day payment window
The North Eastern Regional Power Committee, by communication dated 21 May 2026, issued the revised Deviation Settlement Mechanism statement for the Loktak HEP for the period 4 to 10 May 2026, superseding its earlier reference dated 22 April 2026. Deviation charges, calculated under the CERC (Deviation Settlement Mechanism and Related Matters) Regulations, 2024, are payable into the Regional Deviation and Ancillary Service Pool Account operated by NERLDC within 10 days, failing which a 0.04% per-day surcharge applies.

8IEX Real-Time Market clears 136,194.07 MWh at average Rs. 6,520.27/MWh on 21 May 2026
The Indian Energy Exchange's Real-Time Market recorded a final scheduled volume of 136,194.07 MWh on 21 May 2026 from a purchase bid of 605,914.01 MWh and sell bid of 239,208.68 MWh, with the average market clearing price at Rs. 6,520.27/MWh and prices peaking at the Rs. 10,000/MWh ceiling. Over 15-22 May 2026, the RTM cleared 1,128,516.95 MWh at an average Rs. 4,964.37/MWh.

8IEX High-Price Day-Ahead Market clears 1,152.50 MWh at Rs. 17,000-20,000/MWh on 21 May 2026
The Indian Energy Exchange's High-Price Day-Ahead Market scheduled a total of 1,152.50 MWh on 21 May 2026 from a purchase bid of 3,072.70 MWh and sell bid of 1,374.20 MWh, with prices ranging between Rs. 17,000.80/MWh and the Rs. 20,000/MWh ceiling. Over the 15-22 May 2026 window the HPDAM cleared 3,674.20 MWh at an average clearing price of Rs. 19,364.08/MWh on a weighted basis.

8BgTPP earns Rs. 10.86 lakh special oil compensation for August 2024 as 20,458.50 MWh qualifies under 55% loading norm
The 750 MW sub-critical coal-based Bongaigaon Thermal Power Project (BgTPP) qualified for Rs. 10,85,987.52 in specific secondary fuel oil compensation for August 2024, against 20,458.50 MWh of energy qualifying for the month and a cumulative 60,158.61 MWh. The compensation arises from the plant operating below the 55% scheduling threshold, with the monthly energy shortfall to reach 55% recorded at 461.83 MWh and an auxiliary energy consumption of 11.5%.

8BgTPP's special oil compensation rises to Rs. 13.43 lakh in September 2024 on 14,328.43 MWh qualifying energy
For September 2024, the 750 MW Bongaigaon Thermal Power Project secured Rs. 13,43,084.47 in specific secondary fuel oil compensation, with 14,328.43 MWh qualifying during the month and cumulative qualifying energy rising to 74,487.04 MWh. Calculated at an energy charge rate of approximately Rs. 0.01803/kWh and a cumulative LPSF of Rs. 0.07979/mL, the payout reflects below-55% loading operation, with an average unit loading of 55.13%.

TRANSMISSION LINE ENERGIZATION

8CERC reviews Mangdechhu-linked Alipurduar-Jigmeling 400 kV Quad Line tariff, seeks data from POWERGRID (174/TT/2026)
Through Petition No. 174/TT/2026 dated 21 May 2026, the CERC directed POWERGRID to file additional information for the truing-up of 2019-24 and determination of 2024-29 transmission tariff for the 400 kV D/C (quad) Alipurduar-Jigmeling line (Indian portion) and two 400 kV line bays at Alipurduar substation under Transmission System Strengthening in the Indian System for Transfer of power from the Mangdechhu Hydroelectric Project in Bhutan. Data must be submitted on affidavit by 5 June 2026.

8CERC seeks notional IDC and Form 9C from POWERGRID on Eastern Region Expansion Scheme-XXVII tariff (47/TT/2026)
Via Petition No. 47/TT/2026 dated 21 May 2026, the CERC directed POWERGRID to provide the computation of Notional IDC, an IDC discharge statement, liability flow statements for Asset-1 and Asset-2, an RCE for Asset-2 and Form 9C for the 2024-29 transmission tariff for assets under Eastern Region Expansion Scheme-XXVII (ERES-XXVII). The Commission set 5 June 2026 as the deadline for filing on affidavit, warning that non-compliance would lead to disposal on existing records.

8CERC asks POWERGRID for Form-5 and Form-13 on Nirjuli 132 kV GIS bays tariff under NER Strengthening Scheme-IX (72/TT/2026)
In Petition No. 72/TT/2026 dated 21 May 2026, the CERC sought Form-5, Form-13 and the 2024-29 Liability Flow Statement from POWERGRID for two 132 kV GIS line bays at Nirjuli Sub-station for terminating the LILO of one circuit of the Pare HEP-North Lakhimpur (AEGCL) 132 kV D/C line under North Eastern Region Strengthening Scheme-IX. POWERGRID must file the information on affidavit by 5 June 2026.

8CERC seeks ACE work details from POWERGRID on 220 kV bays at Khatkar and Naggal substations (79/TT/2026)
In a 21 May 2026 letter on Petition No. 79/TT/2026, the CERC asked POWERGRID to furnish details of the work for ACE claimed for the truing-up of 2019-24 and determination of 2024-29 transmission tariff for assets under 220 kV Bays at 400 kV Substation PG Khatkar (Jind) & Naggal (Panchkula) Substation in the Northern Region. The filing is due on affidavit by 5 June 2026.

8CERC calls for item-wise ACE and de-cap break-up on POWERGRID's Moga-Hissar-Bhiwani transmission tariff (36/TT/2026)
The CERC, in its 21 May 2026 letter on Petition No. 36/TT/2026, sought from POWERGRID the equipment-wise break-up of Additional Capital Expenditure and De-capitalisation claimed under replacement for both the 2019-24 and 2024-29 tariff periods for transmission assets under the Moga-Hissar-Bhiwani Transmission System in the Northern Region. POWERGRID must furnish substation- and year-wise details on affidavit by 5 June 2026.

8CERC asks POWERGRID for linked Excel tariff forms on Western Region Expansion Scheme-XXV (90/TT/2026)
The CERC, in Petition No. 90/TT/2026 dated 21 May 2026, directed POWERGRID to submit details of work for ACE claimed under Regulation 24(1)(a) and 24(1)(b) and Excel tariff forms with linked computations for Asset-1 and Asset-2 for the 2024-29 transmission tariff for assets under Western Region Expansion Scheme-XXV. The information is to be furnished on affidavit by 5 June 2026.

8CERC examines POWERGRID's UNMS communication-network tariff for ISTS in Eastern Region (63/TT/2026)
Through Petition No. 63/TT/2026 dated 21 May 2026, the CERC directed POWERGRID to submit tariff information for the truing-up of 2019-24 and determination of 2024-29 transmission tariff for Establishment of State-of-the-Art Unified Centralized Network Management System (UNMS) for ISTS and State Utility Communication Network in the Eastern Region. The data must be filed on affidavit by 5 June 2026.

8CERC probes FR-vs-estimated cost variation on POWERGRID Ramgarh's spare ICTs in Eastern Region (166/TT/2026)
In Petition No. 166/TT/2026 dated 21 May 2026, the CERC sought from POWERGRID Ramgarh Transmission Limited a detailed justification for the variation between the FR-apportioned cost and the estimated completion cost for assets under Provision of SPARE ICTs in the Eastern Region, covering the 2019-24 truing-up and 2024-29 tariff determination. The filing is due on affidavit by 5 June 2026.
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MINISTRY OF POWER

8Government notifies Jan Vishwas Act provisions for Electricity Act, 2003 effective 1 June 2026
The Ministry of Power, by notification S.O. 2552(E) dated 18 May 2026 published in the Gazette of India Extraordinary, appointed 1 June 2026 as the date on which provisions of the Jan Vishwas (Amendment of Provisions) Act, 2026 (Act 8 of 2026) relating to the Electricity Act, 2003 come into force, advancing decriminalisation reforms across the power sector. The notification covers serial number 58 of the schedule and related entries.

8Coal Ministry offers 7 blocks holding 1,051.93 Mt resources in 15th round and 2nd attempt of 14th auction round
A government auction presentation dated 21 May 2026 detailed the offer of coal mines under the Coal Mines (Special Provisions) Act, 2015 and the MMDR Act, 1957, noting that 140 coal blocks have been auctioned across 14 tranches to date. Fresh offerings include two West Bengal blocks under the 15th round totalling 436.09 Mt and five blocks in Maharashtra, Madhya Pradesh and Andhra Pradesh totalling 615.84 Mt, with policy reforms including 100% FDI under the automatic route and the National Coal Index.

8WRPC flags states' pending captive power plant data for FY 2025-26 ahead of 603rd OCCM
An additional agenda item for the 603rd Operation Coordination Committee Meeting flagged that several states have not submitted captive power plant data for FY 2025-26, following a Ministry of Power letter stressing its importance for power-system planning. The Ministry directed distribution utilities and SLDCs to collect month-wise captive generation data for April 2025 to March 2026 and submit it to State Chief Electrical Inspectors by 22 May 2026, and to onboard captive generators on the CEA portal for monthly submissions from 1 April 2026.

CEA & GRID STANDARDS

8CEA advises wider use of ester oil as transformer insulating medium, citing GETCO, NTPC, POWERGRID and Railways
The Central Electricity Authority issued an advisory on the use of ester oil as a technological option in transformers and reactors, noting that ester oil is already in use by utilities such as GETCO, NTPC, POWERGRID and Indian Railways. Citing the CEA (Measures relating to Safety and Electric Supply) Regulations, 2023 and Indian Standards for both oil types, the advisory recommends considering ester oil where mineral oil is prevalent, given the sector's rapid expansion and rising transformer demand.

8CMPDI presents geological dossiers on 2 fresh blocks and 5 re-offered blocks for coal auction on 21 May 2026
Central Mine Planning and Design Institute (CMPDI), Ranchi, made a technical presentation on 21 May 2026 detailing geological information on two additional West Bengal blocks — Jaganathpur A (267.33 Mt, G2) and Jaganathpur B (168.76 Mt, G1) — and five blocks under the 2nd attempt of the 14th round including Dipside of Takli (300.00 Mt) and Somavaram East & West (200.80 Mt). The dossiers cover exploration status, average grade and tentative peak rated capacity to aid bidders.

8NERPC circulates minutes of 33rd NETeST meeting held in Guwahati on 24 April 2026
The North Eastern Regional Power Committee, by communication dated 5 May 2026, circulated the minutes of the 33rd North Eastern Technical Studies (NETeST) meeting held on 24 April 2026 at Hotel Nandan in Guwahati to member utilities including AEGCL, APGCL, APDCL, MSPCL, MePTCL and TSECL. The minutes, available on the NERPC website, were sent for information and necessary action with comments invited from constituents.

8TERI-SIDBI feasibility study maps clean-energy interventions for enterprise promotion in Jammu & Kashmir
The Energy and Resources Institute (TERI), supported by the Small Industries Development Bank of India (SIDBI), released its final report on the 'Feasibility Study of Energy Access for Enterprise Promotion' in 2024, exploring clean-energy interventions at the state level in Jammu & Kashmir. The study, prepared with the J&K Energy Department, JAKEDA and the Directorate of Handicrafts & Handloom Kashmir, assesses energy-access solutions to promote enterprise development across the region.

8APERC notifies Regulation No. 2 of 2026 in Andhra Pradesh Gazette Extraordinary on 21 May 2026
The Andhra Pradesh Electricity Regulatory Commission, Kurnool, notified Regulation No. 2 of 2026 (Lr. No. APERC/Secy/F.No. S-19(Vol-IV)/D.No.278 dated 8 May 2026), published in the Andhra Pradesh Gazette Extraordinary Part II No. 154 (G.169) at Amaravati on Thursday, 21 May 2026. The notification was published and uploaded by the Commissioner of Printing at the Government Regional Press, Vijayawada.

8APERC notifies Regulation No. 3 of 2026 in Andhra Pradesh Gazette Extraordinary on 21 May 2026
The Andhra Pradesh Electricity Regulatory Commission, Kurnool, notified Regulation No. 3 of 2026 (Lr. No. APERC/Secy/F.No. S-19(Vol-IV)/D.No.278 dated 8 May 2026), published in the Andhra Pradesh Gazette Extraordinary Part II No. 155 (G.170) at Amaravati on Thursday, 21 May 2026. The notification was published and uploaded by the Commissioner of Printing at the Government Regional Press, Vijayawada.

8APTEL notifies no sitting of Court-I on specified date amid officiating Chairperson's schedule
The Appellate Tribunal for Electricity (APTEL), New Delhi, issued a notification dated 21 May 2026 announcing that there would be no sitting of Court-I, comprising Officiating Chairperson Hon'ble Ms. Seema Gupta and Judicial Member Hon'ble Mr. Virender Bhat, on the specified date, advising parties and counsel to note the development and schedule their appearances accordingly.
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SOLAR POWER

8IEX Day-Ahead Market schedules 137,240.70 MWh at average Rs. 5,997.07/MWh on 21 May 2026 as prices hit Rs. 10,000 ceiling
The Indian Energy Exchange's Day-Ahead Market scheduled a final volume of 137,240.70 MWh on 21 May 2026 from a purchase bid of 509,000.80 MWh and sell bid of 399,350.08 MWh, with the average market clearing price at Rs. 5,997.07/MWh. Prices touched the Rs. 10,000/MWh ceiling during low-solar evening and night hours and fell to Rs. 1,649.14/MWh during the solar-rich midday. Over the 15-22 May 2026 window, DAM cleared 1,058,079.23 MWh at an average Rs. 5,737.00/MWh.

8All-India daily renewable generation hits 1,177.77 MU on 20 May 2026; May cumulative reaches 19,038.28 MU
The Central Electricity Authority's Renewable Project Monitoring Division reported all-India daily renewable generation of 1,177.77 MU (net) on 20 May 2026, comprising 681.66 MU of solar, 466.18 MU of wind and 29.93 MU of other renewables. Cumulative renewable generation during May 2026 reached 19,038.28 MU, with solar at 12,798.21 MU and wind at 5,727.44 MU.

8IEX Green Day-Ahead Market clears about 9,018 MWh at average Rs. 6,644/MWh on 21 May 2026
The Indian Energy Exchange's Green Day-Ahead Market scheduled roughly 9,018 MWh on 21 May 2026, with the average market clearing price near Rs. 6,644/MWh, splitting cleared volume across solar, non-solar and hydro categories. The 15-22 May 2026 GDAM series shows average daily volumes and an average MCP of approximately Rs. 6,416/MWh.

8NLDC Renewable Centre logs all-time high VRE generation of 95,886 MW on 20 May 2026 at 28.28% demand penetration
Grid Controller of India's NLDC Renewable Energy Management Centre reported that variable renewable energy generation reached an all-time high of 95,886 MW at 11:15 hrs on 20 May 2026, when all-India maximum demand met stood at 265,440 MW. During solar hours (0600-1800), VRE contributed up to 28.28% of demand met, with solar penetration at 21.73% and wind at 6.54%. The all-time-high VRE penetration of 40.96% was recorded on 5 March 2026.

WIND & HYBRID POWER

8GERC hears Green Infra Corporate Wind's tariff-enhancement plea tied to 2010 wind tariff order in Petition 1239 of 2012
The Gujarat Electricity Regulatory Commission, in a daily order dated 21 May 2026 in Petition No. 1239 of 2012, heard M/s Green Infra Corporate Wind Limited's application for an early hearing date and its claim for enhancement of tariff fixed under Order No. 1 of 2010 dated 30 January 2010 on procurement of power from wind energy generators. The petitioner argued for determination of tariff on account of non-availing of accelerated depreciation, with Gujarat Urja Vikas Nigam Limited as respondent.

8GERC hears Green Infra Wind Power's accelerated-depreciation tariff claim under 2010 order in Petition 1241 of 2012
The Gujarat Electricity Regulatory Commission, in a daily order dated 21 May 2026 in Petition No. 1241 of 2012, heard M/s Green Infra Wind Power Limited seeking an early hearing and determination of tariff for its wind project on account of non-availing of accelerated depreciation under the 2010 generic wind tariff order. Gujarat Urja Vikas Nigam Limited appeared as respondent before the Joshi-Shah-Thakkar bench.

8IEX Green Term-Ahead Market logs 128 daily contracts on 21 May 2026, many at Rs. 10,000/MWh
Trade data at the Indian Energy Exchange for 21 May 2026 shows the Green Term-Ahead Market recorded 128 daily-contract trades, predominantly in the DAC (Daily Acquisition Contract) instrument, with several contracts clearing at the Rs. 10,000/MWh price level on volumes of approximately 1 MW each. The instrument-wise trade details capture the highest, lowest, average and weighted-average prices for each delivery contract.

8GERC hears Rs. 24.98 lakh wheeling dispute over TT Limited's 2.10 MW wind project against PGVCL (2203 of 2023)
The Gujarat Electricity Regulatory Commission, in a daily order dated 21 May 2026 in Petition No. 2203 of 2023, heard TT Limited's petition under Section 86(1)(f) of the Electricity Act, 2003 over non-payment of Rs. 24,98,831 against invoices for May 2022 under a wheeling agreement dated 28 March 2016 with Paschim Gujarat Vij Company Limited. The dispute concerns a 2.10 MW wind power project set up under the Wind Power Policy, 2013.

POLICY & INCENTIVES

8Global renewable capacity grew 15.5% to 5,149 GW in 2025, Energy Bulletin reports for April 2026
The April 2026 Energy Bulletin (Issue #95) reported, citing IRENA, that global renewable energy capacity expanded 15.5% in 2025 to reach 5,149 GW, an addition of 692 GW, with solar accounting for the highest share of total capacity. India's daily average licensed electricity generation decreased 4.6% month-on-month but rose 1.2% year-on-year in April 2026.

8IEA says global energy demand growth slowed to 1.3% in 2025 as renewables drive nearly 60% of the rise
The International Energy Agency's Global Energy Review 2026 (revised May 2026) found that global energy demand growth slowed to 1.3% in 2025, even as all major fuels and technologies grew. For the first time on record, modern renewables contributed the largest share of demand growth, with low-emission sources — solar, wind, nuclear, hydropower and other renewables — accounting for nearly 60% of the increase.

8IRENA maps technical and regulatory grid-code harmonisation to unlock regional interconnections
The International Renewable Energy Agency's 2026 report 'Unlocking the potential of regional interconnections' examined the technical and regulatory harmonisation of grid codes needed to integrate cross-border power systems. The publication argues that aligning grid codes across regions is critical to scaling renewable energy and strengthening regional connectivity and system reliability for countries seeking to deepen power-trade linkages.

8TERI charts India's maritime green-fuel roadmap anchored on hydrogen, methanol and ammonia under IMO's Well-to-Wake targets
The National Centre of Excellence in Green Port and Shipping at TERI released the executive summary of 'Advanced Green Fuels for Maritime Application-Road Map for India (Part A)' in 2026, examining e-fuels and biofuels with emphasis on green hydrogen and its derivatives methanol and ammonia for Indian shipping. The roadmap responds to the IMO's MEPC 83 amendments shifting to Well-to-Wake emission accounting, modelling dual- and multi-fuel blend scenarios for emission-reduction profiles by 2030.
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EQUITY & STAKE ACQUISITION

8Adani Enterprises to acquire 24% of Jaiprakash Power Ventures and 180 MW plant under JAL resolution plan
Adani Power Limited and Adani Enterprises Limited disclosed on 21 May 2026 that, under the NCLT-approved resolution plan for Jaiprakash Associates Limited, the group has entered into definitive agreements to acquire certain power assets of JAL. These include a Share Purchase Agreement for 24% of Jaiprakash Power Ventures Limited and a Business Transfer Agreement for JAL's 180 MW thermal power plant at Churk along with related assets, subject to necessary approvals.

PPA SIGNING & APPROVAL

8Power ministry reallocates Subansiri Lower HEP 2000 MW; Northern states get 387 MW after Delhi DISCOMs decline 113 MW
The Ministry of Power revised the state-wise power allocation from NHPC's 2000 MW Subansiri Lower Hydro Electric Project, in partial modification of its letter dated 14 July 2009, after Delhi DISCOMs declined to sign a PPA for 113 MW and CSPDCL, Chhattisgarh confirmed its allocation. Northern states receive 387 MW with Uttar Pradesh at 182 MW (47.02%), Rajasthan 93 MW, Punjab 64 MW and Haryana 43 MW, while Western states receive 613 MW including Gujarat at 162 MW.

WORK ORDERS & SUPPLY CONTRACTS

8Ministry of Coal starts production at Urtan and Dhirauli mines in Madhya Pradesh; Urtan is first underground mine under commercial auction
The Ministry of Coal announced on 19 May 2026 that coal production had commenced from the Urtan and Dhirauli mines in Madhya Pradesh. The Urtan Coal Mine in Anuppur district, allocated to M/s JMS Mining Private Limited, began production on 15 May 2026 and became the first underground coal mine to start production under the commercial coal auction regime. The Dhirauli mine in Singrauli district, allocated to M/s Mahan Energen Limited, started on 17 May 2026.

CAPACITY COMMISSIONING

8AHASolar commissions 2.5 MW (DC) captive solar plant at Himmatnagar, Gujarat
AHASolar Technologies Limited intimated under Regulation 30 of the SEBI (LODR) Regulations, 2015 that its 2.5 MW (DC) solar plant at Himmatnagar in Sabarkantha district, Gujarat, has commenced commercial operations. The Ahmedabad-based energy-consultancy and solar-software company disclosed the milestone as a material development for shareholders, marking an important step in its solar generation expansion.
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COMMISSION ORDERS (CERC/SERC)

8CERC grants transmission licence to TP Gopalpur Transmission for 765/400 kV 2x1500 MVA GIS project linking Bihar, Jharkhand and Odisha (125/TL/2026)
The CERC, by order dated 21 May 2026 in Petition No. 125/TL/2026, granted a transmission licence under Sections 14, 15 and 79(1)(e) of the Electricity Act, 2003 to TP Gopalpur Transmission Limited. The project includes a new 765/400 kV, 2x1500 MVA GIS substation with 765 kV 330 MVAr bus reactors and associated bays, targeting completion by 31 December 2027. Respondents include CTUIL, REC Power Development and state transmission utilities of Bihar, Jharkhand, Odisha and West Bengal.

8CERC clears Rs. 1,503 crore security interest for NER Expansion Transmission backed by NaBFID, with Rs. 400 crore LC facility (65/MP/2026)
In its order dated 20 May 2026 in Petition No. 65/MP/2026, the CERC dealt with NER Expansion Transmission Limited's plea to create a security interest over all its assets in favour of Catalyst Trusteeship Limited for lender National Bank for Financing Infrastructure and Development. Financing comprises Rs. 1,503 crore along with a letter of credit facility of Rs. 400 crore for North Eastern Region Expansion Scheme-XXV Part-A, whose project tariff stands at Rs. 1,894.40 million per annum.

8CERC approves pre-specified TAM, GTAM and HPTAM trading slots for IEX in compliance with Suo-Motu Order 08/SM/2024 (674/RC/2025)
By order dated 21 May 2026 in Petition Nos. 674/RC/2025, 754/RC/2025 and 753/RC/2025, the CERC approved pre-specified time slots proposed by Indian Energy Exchange Limited and others for the Term Ahead Market, Green Term Ahead Market and High Price Term Ahead Market, in compliance with Suo-Motu Petition No. 08/SM/2024 dated 28 April 2025. The Commission directed that pre-specified time slots be applied uniformly across all power exchanges, with Grid Controller of India Limited as respondent.

8KERC orders 15 clear days for consumers to pay electricity bills from actual date of issue
By order dated 21 May 2026, the Karnataka Electricity Regulatory Commission directed distribution licensees to allow consumers fifteen clear days to pay electricity bills calculated from the actual date of issue rather than the originally scheduled billing date. The Commission, comprising Chairman P. Ravi Kumar and Members H.K. Jagadeesh and Jawaid Akhtar, acted on consumer complaints of non-adherence to the billing schedule under the KERC (Electricity Supply Code), 2004.

8APERC removes single-interconnection bar for hybrid projects in 2nd Amendment to Green Energy Open Access Regulation 2024
The Andhra Pradesh Electricity Regulatory Commission issued a Statement of Reasons dated 8 May 2026 for the Second Amendment to the APERC (Green Energy Open Access, Charges and Banking) Regulation, 2024. Acting on stakeholder representations, the Commission removed the condition requiring Renewable Hybrid Energy Projects to be connected at a single interconnection point and provided regulatory clarity on hybrid projects, following a public notice dated 19 February 2026.

8APERC eases hybrid-project connection norms in 2nd Amendment to Renewable Energy Tariff Regulation 2025
In a Statement of Reasons dated 8 May 2026, APERC detailed the Second Amendment to the APERC (Terms and Conditions for Tariff Determination from Renewable Energy Sources) Regulation, 2025 (Regulation No. 6 of 2025). Following stakeholder objections invited via public notice dated 19 February 2026, the Commission removed the condition requiring Renewable Hybrid Energy Projects to connect at a single interconnection point and clarified the treatment of hybrid projects, with Sri P.V.R. Reddy presiding.

REGULATORY PETITION & REVIEW

8CERC probes Rs. 7,368.15 lakh ACE claim against Rs. 6,174.36 lakh approved as POWERGRID's Jharkhand-West Bengal tariff truing-up reviewed (118/TT/2026)
In Petition No. 118/TT/2026 dated 21 May 2026, the CERC asked POWERGRID to justify the variation between the Additional Capital Expenditure of Rs. 6,174.36 lakh approved by order dated 19 February 2021 and the Rs. 7,368.15 lakh now claimed for the 2019-24 truing-up of the Transmission System for Phase-I Generation Projects in Jharkhand and West Bengal-Part-B. The Commission also sought LD-recovery details, cash IDC statements and Form 9C, all due on affidavit by 5 June 2026.

8CERC demands justification for 171-day COD delay on Kishenpur-Dulhasti 400 kV Quad Line from POWERGRID (122/TT/2026)
The CERC, in its 21 May 2026 letter on Petition No. 122/TT/2026, sought additional information from POWERGRID for the 2024-29 transmission tariff for the 2nd Circuit of Kishenpur-Dulhasti 400 kV D/C (Quad) Line linked to evacuating power from the Pakaldul HEP in the Chenab valley. POWERGRID was directed to submit a CTUIL certificate, an IDC discharge statement, Form 9-C and a detailed note calculating the delay of 171 days from SCOD to the proposed COD, all on affidavit by 5 June 2026.

8CERC seeks IDC, Form 9C data on Rajasthan REZ Ph-IV Bikaner Part-E tariff with 5 June deadline (114/TT/2026)
The CERC, in a letter dated 21 May 2026 on Petition No. 114/TT/2026, directed POWERGRID to file additional information for transmission tariff determination for the 2024-29 block for assets under the Transmission system for Rajasthan REZ Ph-IV (Part-1) (Bikaner Complex)-Part-E. Under Regulation 28(10) of the CERC (Conduct of Business) Regulations, 2023, POWERGRID must furnish notional IDC computations, cash IDC statements and Form 9C in Excel format by 5 June 2026 or the petition will be decided on existing records.

8CERC reviews tariff for 765/400 kV 1x1500 MVA ICT-3 at Banaskantha under Gujarat ATC expansion (69/TT/2026)
In Petition No. 69/TT/2026 dated 21 May 2026, the CERC sought information from POWERGRID Ramgarh Transmission Limited for determining the tariff for a 765/400 kV 1x1500 MVA ICT-3 with associated bays at Banaskantha Substation and the 400 kV D/C (Ckt-3 & 4) Banaskantha-Sankhari section under Transmission Network Expansion in Gujarat to increase ATC from ISTS, Part-C. The filing is due on affidavit by 5 June 2026.

8CERC seeks RCE and RLDC trial certificate from POWERGRID on 1x500 MVA Bikaner-II ICT augmentation tariff (142/TT/2026)
Through Petition No. 142/TT/2026 dated 21 May 2026, the CERC directed POWERGRID to provide a Liability Flow Statement, Form 9-C, IDC statement, Revised Cost Estimate and an RLDC trial-operation certificate for the 2024-29 tariff for augmentation of transformation capacity at 400/220 kV Bikaner-II PS by 400/220 kV, 1x500 MVA ICT (3rd) in the Northern Region. All documentary evidence of time overrun and delay justification must be filed on affidavit by 5 June 2026.

8CERC asks POWERGRID for shutdown-delay records on Eastern Region Expansion Scheme-XXXV tariff (165/TT/2026)
In Petition No. 165/TT/2026 dated 21 May 2026, the CERC required POWERGRID to submit, for the 2024-29 transmission tariff of assets under Eastern Region Expansion Scheme-XXXV (ERES-XXXV), an activity-wise time-delay justification and details of time overrun caused by shutdown issues. The data is to be filed on affidavit with advance copies to beneficiaries by 5 June 2026 under Regulation 28(10) of the CERC (Conduct of Business) Regulations, 2023.

8CERC reviews POWERGRID Ramgarh's Eastern-Northern Inter-Regional HVDC transmission tariff (928/TT/2025)
Through Petition No. 928/TT/2025 dated 21 May 2026, the CERC directed POWERGRID Ramgarh Transmission Limited to furnish tariff information for the truing-up of 2019-24 and determination of 2024-29 transmission tariff for assets under the Eastern-Northern Inter-regional HVDC Transmission System in the Eastern Region, under Regulation 28(10) of the CERC (Conduct of Business) Regulations, 2023. The data must be filed on affidavit by 5 June 2026.

8TNERC adjourns wind and renewable producers' pleas against SLDC to 16 June 2026 in M.P. No. 63 of 2025
The Tamil Nadu Electricity Regulatory Commission, in daily orders dated 21 May 2026, adjourned multiple interlocutory applications in M.P. No. 63 of 2025, including I.A. No. 1 of 2026 filed by the Indian Wind Power Association and I.A. No. 2 of 2026 by the Renewable Energy Producers' Association, both against the State Load Despatch Centre. After counter affidavits were filed by SLDC, the impleading petitioners sought time for rejoinders, adjourned to 16 June 2026.

8CSERC hears CSPDCL's review of 19 September 2025 prosumer order amid intervention by retired engineers' body (Petition 78 of 2025)
The Chhattisgarh State Electricity Regulatory Commission, in its order dated 19 May 2026 in Petition No. 78 of 2025, considered the Chhattisgarh State Power Distribution Company Limited's review petition under Section 94(1)(f) of the Electricity Act, 2003 seeking review of the order dated 19 September 2025 in Petition No. 09 of 2025, with the Chhattisgarh Renewable Energy Prosumers Association as respondent. The Chhattisgarh Retired Power Engineers-Officers Association sought to intervene.

8GERC hears AspenPark Infra Vadodara's plea seeking RPO exemption for FY 2024-25 (2509 of 2025)
The Gujarat Electricity Regulatory Commission, in a daily order dated 21 May 2026 in Petition No. 2509 of 2025, heard AspenPark Infra Vadodara Private Limited's plea for revision of its Renewable Power Purchase Obligation for FY 2024-25. The petitioner argued that, as it procured its entire power from MGVCL at retail tariff, its consumption was already counted in MGVCL's RPO and sought exemption under the GERC (Procurement of Energy from Renewable Sources) Regulations, 2010 and its Third Amendment, 2022.

8GERC reviews Tadas Wind Energy's tariff redetermination plea for 50.4 MW Lalpur wind farm of 63 turbines (1365 of 2013)
The Gujarat Electricity Regulatory Commission, in a daily order dated 21 May 2026 in Petition No. 1365 of 2013, heard M/s Tadas Wind Energy Private Limited's plea under Sections 61, 62 and 64 of the Electricity Act, 2003 for redetermination of tariff for its wind farm of 63 wind turbines of 800 kW each at Lalpur, Gujarat. The 50.4 MW project signed a PPA on 30 March 2012 under the generic tariff order dated 31 January 2010, with Gujarat Urja Vikas Nigam Limited as respondent.

OMBUDSMAN & CONSUMER GRIEVANCE

8Tamil Nadu Electricity Ombudsman hears Hotel Paramount's appeal against TNPDCL Chennai Central Circle (A.P. No. 75 of 2025)
The Tamil Nadu Electricity Ombudsman, Chennai, heard Appeal Petition No. 75 of 2025 filed by M/s Hotel Paramount, represented by Managing Director Mushahid Hussain of Ormes Road, Kilpauk, against the Superintending Engineer of the Chennai Electricity Distribution Circle/Central and other TNPDCL officers. The appeal, before Electricity Ombudsman Tmt. K. Indirani, arises from a billing dispute under the Tamil Nadu electricity distribution framework.
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ANNUAL RESULTS

8NHPC posts Rs. 11,650.10 crore total income for FY26; Q4 revenue at Rs. 2,741.25 crore
NHPC Limited's audited standalone financial results for the year ended 31 March 2026 reported total income of Rs. 11,650.10 crore for FY26, up from Rs. 10,456.35 crore in the prior year, with revenue from operations at Rs. 10,328.26 crore. For Q4 FY26, the hydropower major recorded revenue from operations of Rs. 2,741.25 crore and total income of Rs. 3,116.19 crore. Results were approved by the board and filed with the stock exchanges.

8GMR Power & Urban Infra approves FY26 audited results with Rs. 390.20 crore standalone income
GMR Power and Urban Infra Limited (BSE: 543490, NSE: GMRP&UI) announced the outcome of its board meeting on 21 May 2026, approving audited standalone financial results showing total income of Rs. 390.20 crore for FY26 against Rs. 508.59 crore a year earlier. The auditor's report flagged exposures of Rs. 2,820.67 crore relating to subsidiary GMR Energy Limited and transmission-charge reimbursements of Rs. 616.33 crore. The company separately filed its statement of deviation and variation for the quarter ended 31 March 2026.

8SJVN adds 1,730 MW in FY26 to reach 4,196 MW installed; awards 4 GW during the year
SJVN Limited disclosed in its investor presentation for audited financial results for the year ended 31 March 2026 (filed 21 May 2026) that it achieved total capacity addition of 1,730 MW during FY25-26, taking its total installed capacity to 4,196 MW. The Navratna CPSE also awarded 4 GW of capacity during the year and signed power sale agreements, with the 69.5 MW Dhaulasidh Hydro Project targeted for commissioning by March 2026.

8Power Mech Projects reports Rs. 55,151 crore order book in Q4 FY26 earnings presentation
Power Mech Projects Limited (NSE: POWERMECH) released its Q4 FY2026 earnings presentation on 22 May 2026, highlighting its position as India's largest O&M services provider with approximately 20% market share in power O&M and an order book of Rs. 55,151 crore. The company also filed revised audited financial results correcting statements of assets and liabilities in its consolidated accounts.

8Prime Cable Industries logs Rs. 234.9 crore FY26 revenue with 10% EBITDA margin; Rs. 191 crore order book
Prime Cable Industries Limited's FY26 earnings presentation reported revenue of Rs. 234.9 crore, EBITDA of Rs. 23.5 crore (10.0% margin) and profit of Rs. 12.3 crore for FY26, with an unexecuted order book of Rs. 191.0 crore as of 15 May 2026 to be executed over four to six months. The company projects revenue to grow at a 45% CAGR over the next two years and secured BIS certification for MV power cable IS 7098 Part 2.

8Alpex Solar showcases 3.6 GW solar PV capacity, targets 5 GW cells and wafers by FY2030
Alpex Solar Limited's Q4 investor presentation for May 2026 outlined an integrated renewable-energy profile spanning over 20 years in solar PV manufacturing, a current 3.6 GW solar PV module capacity across seven units and 26,000-plus solar-pump installations. The company set FY2030 targets of 5 GW each for G12R TOPCon solar cells, solar glass and wafers, as part of its backward-integration expansion strategy.

8Bharat Electronics order book hits Rs. 738.8 billion as FY26 order intake jumps 61% to Rs. 300 billion
A brokerage research update on Bharat Electronics Limited (BEL) dated 20 May 2026, rating the stock 'Accumulate' with a target price of Rs. 453 against a market price of Rs. 413, noted that FY26 order intake rose 61% year-on-year to approximately Rs. 300 billion, leaving the order book at Rs. 738.8 billion, equivalent to 2.7x trailing sales. Management retained FY27 revenue-growth guidance of approximately 15% with 28%-plus EBITDA margins and a Rs. 550 billion-plus order pipeline.

EARNINGS CALL & ANALYST MEET

8Amara Raja, SolarWorld, NLC India, IEX and Techno Electric schedule FY26 investor calls around 26 May 2026
Several power and energy companies announced analyst and investor interactions for FY26 results, including Amara Raja Energy & Mobility holding a virtual Q4 FY26 investors' call on 26 May 2026 at 4:30 p.m., SolarWorld Energy Solutions on 26 May 2026 at 4:00 p.m., NLC India Limited hosting an analysts and investors meet, Indian Energy Exchange (IEX) intimating a schedule of institutional-investor meetings, and Techno Electric & Engineering calling a conference call on 26 May 2026.

8KEC International releases Q4 FY26 earnings-call transcript, schedules analyst and investor meet
KEC International Limited (BSE: 532714) released its Q4 FY26 earnings-call transcript and scheduled an analyst and institutional-investor meeting as part of the dense FY26 results-season disclosure calendar. Additional filings from BF Utilities Limited, transformer and metal-sector companies, and Zelio E-Mobility Limited (scheduling a board meeting for 28 May 2026) completed the cluster of results-related disclosures dated 21-22 May 2026.

8CESC Limited to join three investor conferences in Mumbai and Chennai between 27 May and 12 June 2026
CESC Limited informed the National Stock Exchange and BSE on 20 May 2026 that it will participate in three investor conferences: the 360 ONE Capital Annual Investor Conference in Mumbai on 27 May 2026, the ICICI Securities India Investor Conference in Mumbai on 8 June 2026 and the Investec Confluence in Chennai on 12 June 2026, all as physical investor group meetings under Regulation 30 of the SEBI (LODR) Regulations, 2015.

CREDIT RATING & ANALYST REPORT

8ICRA reaffirms HPCL-Mittal Energy at [ICRA]AA+ (Stable), lifts rated amount to Rs. 24,053.37 crore
ICRA, in a rating rationale dated 21 May 2026, reaffirmed the [ICRA]AA+ (Stable) rating on HPCL-Mittal Energy Limited (HMEL) and assigned it for an enhanced amount, raising the total rated quantum to Rs. 24,053.37 crore from Rs. 20,135.0 crore. The action covers term loans enhanced to Rs. 23,053.37 crore from Rs. 19,135.0 crore and Rs. 1,000 crore of non-convertible debentures, based on consolidated financials of HMEL and its group entities.

8ICRA reaffirms Tata Power-backed Industrial Energy at [ICRA]AA+ (Stable) on Rs. 650 crore
ICRA reaffirmed the [ICRA]AA+ (Stable) rating on Industrial Energy Limited (IEL) for its Rs. 650.00 crore of facilities — comprising a Rs. 633.74 crore long-term term loan and Rs. 16.26 crore unallocated — in a rationale dated 21 May 2026. The rating reflects the strong parentage of The Tata Power Company Limited, which holds a 74% stake in IEL and lends financial flexibility and operational support.

8ICRA reaffirms KP Green Engineering at [ICRA]A- (Stable), enhances term-loan and cash-credit limits
ICRA, in a rationale dated 21 May 2026, reaffirmed KP Green Engineering Limited's long-term rating at [ICRA]A- (Stable) and short-term rating at [ICRA]A2+, while enhancing several limits including the fund-based term loan to Rs. 28.19 crore, cash credit to Rs. 209.75 crore, a new Rs. 65.00 crore WCDL and the non-fund-based bank guarantee to Rs. 23.00 crore.

8CARE upgrades Emmvee Energy to CARE A; Positive, enhancing bank facilities to Rs. 1,000 crore
CARE Ratings, in a press release dated 21 May 2026, upgraded Emmvee Energy Private Limited's long-term and short-term bank facilities to CARE A; Positive / CARE A1 from CARE A-; Stable / CARE A2+, while enhancing the rated amount to Rs. 1,000.00 crore from Rs. 400.00 crore. The rating assessed the combined operational and financial profiles of Emmvee Photovoltaic Power Limited and its wholly owned subsidiary EEPL, which houses most of the group's solar manufacturing capacity.

8CARE reaffirms Gummadidala Solar at CARE A+ (Stable) on reduced Rs. 42.34 crore facilities
CARE Ratings reaffirmed the CARE A+ (Stable) rating on Gummadidala Solar Private Limited's long-term bank facilities in a press release dated 21 May 2026, with the rated amount reduced to Rs. 42.34 crore from Rs. 49.64 crore. The reduction reflects scheduled debt repayment on the solar power project, with underlying credit fundamentals remaining stable.

8NTPC stations generate 1,088.30 MU on 20 May 2026, cumulatively 4.49% below programme: CEA
The CEA's NTPC generation overview for 20 May 2026 recorded all-India NTPC actual generation of 1,088.30 MU against a programme of 1,024.11 MU for the day, from a monitored capacity of 60,007.23 MW and available capacity of 52,563.88 MW. Cumulatively from 1 April, NTPC stations generated 50,635.43 MU against a programme of 53,013.20 MU, a deviation of -2,377.77 MU or -4.49%.
Details
8A transmission substation package has attracted five bidders despite an unusually high number of corrigenda and technical revisions.
8The evolving tender structure highlights growing complexity around automation integration, GIS-SAS coordination and execution-risk allocation, signalling that technical architecture may now play a bigger role than headline pricing in bidder strategy. Details
8A Rs 109 crore high-voltage infrastructure package is reinforcing utility preference for consolidated execution responsibility across GIS and transformer integration.
8The award structure suggests that coordination discipline, interface management and delivery accountability are becoming more critical than standalone equipment supply in evolving transmission EPC models. Details
8Rs 117 crore nuclear township package tightens contractor risk and compliance filters
A strategic nuclear township EPC package is placing sharper emphasis on qualification scrutiny, documentary compliance and weather-linked execution accountability, signalling a deeper transfer of schedule risk onto contractors.

8Thermal ash-handling package widens EPC risk through ZLD and integrated utility obligations
A new thermal power ash-handling package is extending contractor responsibility beyond mechanical execution into slurry disposal, digital controls, utility integration and ZLD-linked compliance under a single-point EPC structure. The tender signals a tighter execution and environmental accountability framework emerging in balance-of-plant procurement.

8Transformer package tightens compliance filters and bidder screening
A transmission transformer package has evolved beyond a routine supply-and-erection tender after revised EMD exemption rules introduced stricter compliance scrutiny and participation filters. The changes point to a broader shift toward tighter execution-risk and financial-discipline enforcement in utility procurement.

8Ash logistics tender raises bidder entry barriers through Rs 50 lakh security framework
A thermal ash transportation package is tightening participation economics through a heavy upfront security structure that could pressure smaller logistics players before execution even begins. The tender suggests financial capacity may influence competition as strongly as freight-handling capability.

8Western renewable evacuation package tightens competition in high-voltage transmission expansion
A strategically positioned 400 kV–765 kV transmission package is intensifying competition around western renewable evacuation infrastructure. The tender combines live-system integration, corridor-scale execution and grid-expansion complexity in a structure that could narrow the effective bidder pool and influence future transmission packaging strategy.

8400 kV–765 kV transmission package sharpens competition in western renewable evacuation buildout
A major transmission corridor package linked to western renewable evacuation is combining live-system integration, large-scale execution and strategic grid positioning in a structure that could narrow serious bidder participation. The tender may also influence how future renewable evacuation packages are structured and contested.

8Rs 839 crore distribution package tightens turnkey risk controls under multilateral procurement structure
A large distribution strengthening package is embedding tighter safeguards against aggressive EPC pricing, liquidity stress and execution instability within its turnkey procurement framework. The structure signals a stricter contractor-screening approach that could influence future high-value distribution modernisation tenders.

8Smart meter tender sees repeated deadline shifts as qualification filters widen
A major smart meter procurement has moved beyond a routine supply exercise after repeated bid extensions and revised eligibility norms reshaped the competitive landscape. The inclusion of AMISP-linked deployment experience within technical qualification criteria signals a broader recalibration of vendor screening in India’s fast-expanding smart metering market.

8Rs 966 crore distribution package tightens turnkey accountability under ADB-backed framework
A large urban distribution strengthening package is placing greater emphasis on governance control, integrated execution and contractor financial strength within its turnkey structure. The framework signals a stricter approach to execution accountability that could influence pricing behaviour and bidder participation in future distribution modernisation projects. Details
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
 For reference purposes the website carries here the following tenders:
 8Tender for supply of acoustic PD kit for various Details
 8Tender for protection wall works Details
 8Tender for supply of 1kLPH transformer oil filtration plant Details
 8Tender for supply of flexible copper earth bond for transmission lines Details
 8Tender for civil other miscellaneous works Details
 8Tender for supply, erection, testing, commissioning and operation and maintenance for construction power sources Details
 8Tender for civil works contract for roofing sheet maintenance works Details
 8Tender for construction of new production (civil electrical works) Details
 8Tender for supply of spares of BFP pump Details
 8Tender for erection of 66kV equipment, structures, control wiring, yard Details
 8Tender for erection of 66kV equipment, structures, control wiring, yard lighting Details
 8Tender for work of Dog to panther conversion of 66kV line Details
 8Tender for work of erection and commissioning of 220kV and 66kV equipment Details
 8Tender for construction of other minor civil works Details
 8Tender for procurement of spare electronic head of GWR level transmitter Details
 8Tender for waste heat recovery unit (WHRU) replacement project Details
 8Tender for work of design, fabrication and erection of LHP conveyor structures Details
 8Tender for procurement of 50 MT GI solid wire Details
 8Tender for supply of TC fuse wire 12 SWG Details
 8Tender for rebabbitting of thrust bearings pads Details
 8Tender for carrying out of diamond core drilling in Nx size in different formations Details
 8Tender for construction of alternate alignment road leading Details
 8Tender for chenab beas link-3 project Details
 8Tender for construction of a new diversion-cum- sediment bypass tunnel Details
 8Tender for paintings of spillway stop log, intake stop log and draft tube gates Details
 8Tender for bifurcation of 11 kV feeder Details
 8Tender for construction of new 33kV line connecting upcoming Details
 8Design, supply, erection, testing and commissioning of electro mechanical work Details
 8Tender for annual rate contract for the work of attending emergency breakdown works & planned maintenance works on various 220/132/100kV EHV lines Details
 8Tender for rate contract for (service/repairing/testing) of 12 kV SF6 CB/VCB installed Details
 8Tender for supply of various consumable items Details
 8Tender for work of overhauling, servicing, repairing of ID / FD / PA fan & it’s connecting system Details
 8Tender for manufacture, supply, erection, testing & commissioning of refrigerated type hydrogen dryer system with associated auxiliaries Details
 8Tender for Re-construction of other allied civil works to prevent the 33 kV S/Stn.Karandi Details
 8Tender for Re-construction of other allied civil works to prevent the 33 kV S/Stn.Baliyala Details
 8Tender for Re-construction of other allied civil works to prevent the 33 kV S/Stn. Gullarwala Details
 8Tender for civil construction and development work Details
 8Tender for contract for fabrication and installation of ventilation air duct Details
 8Tender for repair and maintenance of 06 Nos TPs (TP-11, 12,13,14,15 and 16) and 06 Nos bunker Details
 8Tender for construction of shed Details
 8Tender for construction of culvert for MUW pipeline crossing Details
 8Tender for construction of ash bagging storage shed Details
 8Tender for supply of various types of RTDs Details
 8Tender for work of overhauling, servicing & repairing of air preheater and its connected system Details
 8Tender for upgrade and supply, installation testing and commissioning of strainers for generator cooling Details
 8Tender for complete overhauling of HR gates including repair to pulleys, pins/rollers replacement of steel wire rope Details
 8Tender for replacement of 1 no. gear box of HR gates and 2 no. gear boxes Details
 8Tender for supply, installation and commissioning of 1000GHP/4500LPH double stage transformer Details
 8Tender for providing and installation of 05 No, 12.5 Mtr motorized high mast Details
 8Tender for epoxy painting of all the under sluice and spillway gate leafs Details
 8Tender for SITC of 05 sets of 145 kV isolators for replacement of old 132 kV isolators Details
 8Tender for updation of detailed project report Details
 8Tender for dismantling of existing pipe culvert bridge and reconstruction of bridge Details
 8Tender for construction of 33 kV sub-station Details
 8Tender for work of erection of new 33 kV OH line UG cable Details
 8Tender for supply of R and D wafer type butterfly valve and gear box installed Details
 8Tender for extension of 132 kV double bus and shifting of existing of 04 No. 132 kV line bays Details
 8Tender for supply and spreading of gravel in bays at 132 kV sub station Details
 8Tender for annual maintenance work of 132/33 kV GSS Details
 8Tender for supply of patented tamper proof poly carbonate meter seals Details
 8Tender for supply of stay wires size Details
 8Tender for supply of 33kV CTPT units for consumer metering Details
 8Tender for engagement of agency for obtaining NABL accreditation for electrical equipment Details
 8Tender for supply of 11kV and 33kV current transformers Details
 8Tender for procurement of fail safe type electronic IP converter for pneumatic actuators Details
 8Tender for procurement of spares of 21kV bus duct pressurization unit Details
 8Design, manufacture, supply, installation, testing and commissioning of excitation system for the 1 X 2.5 MW power house Details
 8Tender for manufacture, supply, erection, testing and commissioning of automatic self-cleaning type duplex filter with gear box, motor Details
 8Tender for regarding empanelment of contractors for execution of emergent works related to transmission line tower failures. Details
 8Tender for balance electrical works including installation commissioning of 6.3 MVA PTR 33 kV VCB 33 kV isolator Details
 8Tender for procurement of 400/220/33KV, 500 MVA auto transformers Details
 8Tender for procurement of porcelain disc insulators. Details
 8Tender for biennial maintenance contract and various piece meal maintenance job for turbine and auxiliaries Details
 8Tender for preventive maintenance of 25/63/100 KVA T/F related to 33/11 kV S/s Details
 8Tender for replacement of existing 400 kV porcelain disc insulators Details
 8Tender for replacement of existing 400 kV porcelain disc insulators by polymer insulators Details
 8Tender for restringing of conductor in gantry and providing loop jumper Details
 8Tender for restringing of conductor in and providing loop jumper Details
 8Tender for procurement of tapping channel cross arm Details
 8Tender for procurement of 56 MT GI stranded wire Details
 8Tender for running contract for attending repair works of all 33/11kV power transformers Details
 8Tender for work of annual contract for attending emergency fault & annual maintenance work at various EHV substations Details
 8Tender for preventive maintenance contract of HT/LT motors along Details
 8Design, supply, installation, testing, commissioning including dismantling, replacement of control and relay panel Details
 8Tender for work of erection and commissioning of operator cabin in stacker cum reclaimer Details
 8Tender for work of attending leaky tubes, joint replacement and tube nest Details
 8Tender for providing muffing on periphery of existing various steel structure of coal yard Details
 8Tender for supply of ESP spares for 800MW of unit Details
 8Tender for erection work of 66kV D/C tower line Details
 8Tender for supply, installation, testing & commissioning of conversion of 220kV line Details
 8Tender for construction of control room foundations, cable trench Details
 8Tender for supply of various types of electrical wires and switches Details
 8Tender for supply of laboratory reagents & items Details
 8Tender for supply of special 414 TXM coupling set Details
 8Tender for various maintenance works of wagon tippler Details
 8Tender for supply of RTU, network switches and routers Details
 8Tender for supply, civil, erection, testing & commissioning for implementation of rapid restoration system for 3x105MVA, 400/220/33kV ICT II Details
 8Tender for work of erection, testing and commissioning of dedicated 400kV metering current transformer Details
 8Tender for annual civil maintenance of substations Details
 8Tender for conversion of existing 22 kV indoor SF6 switchgear pertaining to 50MVA, 220/22kV TF Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8Patratu plant to make Jharkhand power-surplus after unit 2 goes commercial: PVUNL Details
 
8Bhatti Seeks Centre’s Nod For Singareni Gasification Projects Details
 
8The three trends reshaping coal’s future Details
 
8India’s infrastructure growth hits 1.7% in April despite energy sector drag Details
 
8Coal India CIL Management Trainee Recruitment 2026: Apply Online for 660 Posts Details
 
8NLC India Limited Celebrates 70th Raising Day, Unveils Ambitious Expansion and Renewable Energy Targets Details
 
8Grid Infra Deficits Threaten India’s Accelerating Clean Energy Transition Plans Details
 
8India’s Renewable Energy Push Cuts Coal Power Generation Even As Capacity Expands Details
 
8India’s renewable energy expansion may need 7 lakh acres by 2030 Details
 
8KP Group launches renewable energy cricket campaign Details
 
8Will address all violations, says TN electricity minister C T R Nirmal Kumar Details
 
8India Power Demand Hits Record 270.82 GW Details
 
8Why discoms want higher fixed-cost recovery and what it means for industry Details
 
8Fulminous Green Energy Expands Sustainable Solar Energy Solutions for Residential, Commercial, and Industrial Sectors Details
 
8Tripura to provide rooftop solar systems for Rs 1,000 to low-income households Details
 
8Adani case settlement clears path for nuclear push: US industry leader Details
 
8Solar, wind to unlock $15 bn land investment in India by 2030: Colliers Details
 
8Floating solar with storage to be new renewable energy engine for India Details
 
8Indian Stock Market Ends Mixed As Renewable Energy And Utility Stocks See Selective Buying Details
 
8India Needs $10-15 Billion in Land Investments for Solar, Wind Projects by 2030 Details
 
8Rajasthan govt installs over 200K rooftop solar plants under PMSG Details
 
8Rajasthan Solar Association Calls for Pragmatic Transition Framework for ALCM / ALMM Implementation Details
 
8Will fixed-charge reform fix discom losses, or only repackage them Details
 
8A First Among Major Nations, India Is Industrializing With Solar Details
 
8Severe heatwave pushes India’s power grid to a historic 270GW milestone Details
 
8Governor visits Bhakra Dam to review power generation infrastructure Details
 
8Adani Power purchases 24% of JP Power, thermal plant in Rs 4,193-crore deal Details
 
8Peak power demand met, new records set; India moves from power deficit to power surplus Details
 
8Ratul Puri Led Power Supply Agreement with MP Power Management Company Limited for supply of 800 MW Power Details
 
8Adani Group Buys Jaiprakash Logistics and Power Assets for Rs 5,693 Crore Details
 
You can also click on Newsclips for more Details
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
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Click on Reports for more. Details
COAL PRODUCTION & OFFTAKE

8MSPGCL leans on home-mined coal at Chandrapur, cutting imports to 0.044 MMT in April cost squeeze
Maharashtra State Power Generation Co. Ltd burned 0.680 MMT of domestic coal at its Chandrapur Units 3-7 in April 2026, well below the 0.958 MMT approved in its MERC fuel plan, while holding imported coal to just 0.044 MMT and diverting washed coal to other thermal stations. The filing under MERC MYT Regulation 2024 and the MTR Order in Case 187 of 2024 shows the utility reshaping its fuel mix toward cheaper raw coal to optimise generation costs across stations such as Bhusawal and Khaperkheda.

8Coal India maps critical and supercritical stock at linked power plants as on May 18
Coal India Limited's Marketing and Sales Division published the coal-stock position of power plants holding linkage with Coal India and SCCL as on May 18, 2026, classifying stations as critical or supercritical against their normative requirements per the CEA report. The statement helps track which linkage-based plants face the tightest fuel cover heading into the high-demand summer weeks, offering generators and planners an early warning on stations at risk of stock-related generation constraints across the country.

E-AUCTION & PRICING

8India's coal cushion thins to 68% of norm with 21 plants critical on May 19
The CEA's Daily Coal Stock Report as on May 19, 2026 shows 222,698 MW of monitored thermal capacity running at 70% PLF and holding 51,623.7 thousand tonnes of coal, only about 68% of the normative requirement, or roughly 24 days of cover. Twenty-one plants were flagged as critical, even as states such as Chhattisgarh's CSPGCL fleet sat comfortably at 173% of norm while Gujarat's GSECL hovered at 74%, underscoring uneven fuel stocks across the thermal fleet during the summer demand peak.

8IFA warns Hormuz blockade puts 34% of global urea trade at risk; demand could fall up to 4%
The International Fertilizer Association's Medium-Term Fertilizer Outlook 2026-2030, released May 6, 2026, warned that near-complete stoppage of traffic through the Strait of Hormuz since February 28 has stranded about 800,000 tonnes of urea on 17 vessels, 400,000 tonnes of sulfur on 10 ships and 60,000 tonnes of ammonia on 3 ships west of Hormuz. The Strait normally handles 34% of global urea trade and 49% of sulfur trade; IFA's scenarios project global nitrogen use declining 1-4% under prolonged disruption through 2028.
Details
PEAK DEMAND & GRID FREQUENCY

8All India peak demand touches 260,457 MW on May 19; Northern Region records 341 MW shortage
The NLDC's All India Power Supply Position report for May 19, 2026 shows total peak demand met across regions reached 260,457 MW on SCADA, with the Northern Region alone posting a 341 MW peak shortage, the only region in deficit. Total day energy met stood at 5,717 MU against regional generation of solar 675 MU, wind 422 MU and hydro 529 MU. Among states, Maharashtra led at 31,858 MW and Uttar Pradesh at 29,750 MW, while exports to Bangladesh reached 25.7 MU.

8Southern grid sails through 57,208 MW peak with zero shortage on May 20
Grid-India's Southern Regional Load Despatch Centre reported the region meeting a 57,208 MW evening peak at 20:00 and a 47,906 MW off-peak demand at 50.06 Hz, both with nil shortage, on May 20, 2026. Day energy totalled 1,331.01 MU against a marginal 0.26 MU shortfall, signalling a comfortably supplied southern grid even at the height of summer demand. The performance reflects adequate generation and import availability across Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Telangana through the day.

8Western Region meets 73,511 MW evening peak with zero shortage on May 20; day energy reaches 1,773.7 MU
WRLDC's daily operation report for May 20, 2026 records the Western Region clearing an evening peak of 73,511 MW at 20:00 and an off-peak demand of 71,657 MW at 03:00, both with zero shortage, and total day energy met of 1,773.7 MU. Maharashtra led with 702.9 MU consumed, followed by Gujarat contributing 365.4 MU from its own generation, including 74.6 MU of wind and 85.7 MU of solar. The region's generation mix included 126.8 MU of wind and 135.3 MU of solar, reflecting strong renewable integration.

8Eastern Region meets 31,848 MW evening peak with zero shortage on May 20; day energy touches 739.96 MU
ERLDC's daily operation report for May 20, 2026 shows the Eastern Region meeting its evening peak of 31,848 MW at 20:00 with zero shortage, and clearing an off-peak load of 30,805 MW at 03:00. Total day energy met reached 739.96 MU against a requirement of 740.43 MU, leaving a marginal 0.47 MU shortfall. West Bengal posted the region's highest maximum demand of 13,306 MW, followed by Bihar at 8,818 MW and Odisha at 7,483 MW, with West Bengal drawing 117.98 MU actual against 120.56 MU scheduled.

8North-East meets 3,865 MW peak without shortage, moves 70.95 MU on May 20
NERLDC's daily operation report shows the North Eastern Region meeting a 3,865 MW evening peak at 50.04 Hz with zero shortage and a 2,530 MW off-peak demand on May 20, 2026, while day energy stood at 70.95 MU against a 1.03 MU shortfall. The figures underline a small but well-balanced regional grid across the seven north-eastern states, with the load despatch centre managing demand and frequency within tight limits throughout the delivery day at the close of the summer peak.

8Southern grid frequency hugs 50 Hz, posts a tight 0.036 deviation index on May 19
SRLDC's frequency report shows the Southern grid spent 99.5% of May 19, 2026 within the 49.7-50.2 Hz band, averaging 50 Hz with a standard deviation of just 0.06 Hz, touching a maximum of 50.253 Hz at 19:03 and a minimum of 49.783 Hz at 22:48. The resulting Frequency Deviation Index of 0.036 points to well-controlled grid frequency through the day, reflecting the southern grid's ability to balance generation and load closely across all 96 time blocks.

8National grid frequency stays near 50 Hz on May 20 but spends 4 hours 20 minutes outside the IEGC band
The NLDC frequency profile for May 20, 2026, from 8,640 samples at the Balipara reference point, records an average frequency of exactly 50.000 Hz with a Frequency Variation Index of 0.0356 and standard deviation of 0.0598. Instantaneous frequency peaked at 50.253 Hz at 19:03 and dropped to 49.783 Hz at 22:48. The grid spent 4 hours and about 20 minutes outside the IEGC-mandated 49.90-50.05 Hz band, with 188 excursions above 50.03 Hz and 179 below 49.97 Hz across the day.

8NERLDC publishes North-East frequency profile and deviation index for May 19
Grid-India's North Eastern Regional Load Despatch Centre, Shillong, released the daily frequency profile and Frequency Deviation Index for May 19, 2026, detailing the share of time the regional grid spent in each frequency band. The report is the North-East's counterpart to the southern frequency tracking and gauges how steadily the smaller grid held 50 Hz across all 96 time blocks, giving operators a measure of frequency discipline on a system with limited inertia and a modest 3,865 MW peak demand.

8India beats its generation target as Northern Region alone clocks 1,293.61 MU on May 19
Sub-Report 1 of the CEA Daily Generation Report shows the Northern Region generating 1,293.61 MU on May 19, 2026 against a 1,193.90 MU programme, with thermal contributing 966.32 MU, nuclear 48.63 MU and hydro 278.66 MU from a monitored 81,716.72 MW. The actuals outran the day's schedule even as nuclear ran 25.62% below programme, reflecting the dispatch mix used to meet load. Delhi alone generated 12.15 MU against an 11.41 MU plan within the region's station-wise ledger.

8Haryana runs 10.69% above plan as CEA tracks capacity availability on May 19
Sub-Report 4 of the CEA Daily Generation Report shows region- and utility-wise capacity availability and maintenance for May 19, 2026, with Haryana generating 1,750.05 MU till date, a 10.69% surplus over programme, while Delhi held 134.60 MW under 'other' maintenance and met 12.15 MU against an 11.41 MU plan. The report quantifies how much capacity sat under planned, forced and other maintenance across regions, giving a clear read on availability margins as summer demand peaked across the Northern grid.

8NLDC's merit list puts North Karanpura first at 208.8 paise per unit for May 21 despatch
The National Load Despatch Centre's Security-Constrained Unit Commitment for May 21, 2026, published a day ahead, ranked generators by economic cost rate, topping the list with North Karanpura STPS, scheduled at 950.1 MW at 208.8 paise per kWh, ahead of Vindhyachal Stage 4 at 210.1 paise and Stage 3 at 213.3 paise per kWh. The schedule lays out which units the national system commits, and at what cost, to meet the next day's load securely while keeping system-wide generation costs to a minimum.

8SRLDC's generation ledger shows AP and Karnataka each meeting over 11,000 MW on May 20
The Southern RLDC generation report for May 20, 2026 details station-wise output across states, with Jindal Power's Simhapuri unit at 468 MW gross and Bellary TPS at 966 MW among them, alongside demand-met readings exceeding 11,000 MW in both Andhra Pradesh and Karnataka. The report maps how each state's plants and consumption stacked up on the day, providing a granular view of dispatch across the five-state southern grid as it comfortably met a 57,208 MW regional peak.

8Southern Region forecast nails demand to a 2.67% error margin
Grid-India's Southern Region demand forecast for May 20, 2026 projected load broadly above 60,000 MW across the day, with the preceding May 18, 2026 forecast achieving a Mean Absolute Percentage Error of just 2.67% against actuals. The tight error band reflects the accuracy of the region's day-ahead load prediction used for scheduling and resource adequacy, helping the load despatch centre line up generation and imports efficiently across the five southern states during the high-demand summer window.

8ERLDC's day-ahead forecast misses by 4% MAPE on May 19 while intraday accuracy improves to 1.12%
The Eastern Regional Forecasting Error report for May 19, 2026 shows the day-ahead demand forecast recorded a MAPE of 4.00% and RMSE of 4.18%, while the intraday forecast delivered far better accuracy at 1.12% MAPE and 1.39% RMSE. Block-by-block analysis across 96 intervals showed day-ahead errors frequently exceeding 1,000 MW above actual demand in early-morning hours, while intraday errors stayed within about 800 MW, demonstrating the value of closer-to-real-time forecasting for Eastern Region grid operators.

OCC MEETINGS & OUTAGE PLANNING

8Eastern Region faces 4,024 MW in forced outages on May 20; NTPC Barh and Teesta units account for the bulk
The Eastern Region Power Management Cell's generation outage report for May 20, 2026 records total forced outages of 4,024 MW, with the Central Sector contributing 3,030 MW. NTPC's Barh plant in Bihar lost both 660 MW units, one to electrical Class-A protection and one to boiler tube leakage. Long-standing forced outages of 6x200 MW Teesta Stage III units and 3x170 MW Teesta HPS units since October 2023 following the Lohnak Lake cloudburst continue to weigh on regional availability, while planned outages totalled 163.65 MW from OHPC hydro maintenance.

8Western Region carries 6,310 MW in total planned outages on May 20; NTPC KSTPS leads central shutdowns
WRLDC's generating-unit outage report for May 20, 2026 shows total planned outages of 6,310.3 MW, comprising 2,664.3 MW in the Central Sector and 3,646 MW in the State Sector. The largest central outage is NTPC's KSTPS Unit 5 in Chhattisgarh (500 MW) on annual overhaul since May 15, followed by Jhabua Power's 600 MW Unit 1 in Madhya Pradesh. NPCIL's Tarapur Unit 2 (160 MW) remains on long-term outage since July 2020, while Gujarat units from GSEC and Utran are on reserve shutdown.

8WRLDC logs long-standing 400 kV and 765 kV line outages on May 20; Champa bus sectionalizers open since 2021
The Western Region transmission line outage status report from WRLDC for May 20, 2026 documents a series of planned POWERGRID outages. The 400 kV Wardha-Warora Circuit 2 line and reactor has been out since May 4, 2018 due to ferroresonance, while Champa's 400 kV and 765 kV bus sectionalizer bays have been open since September 2021 for fault-level control. Three Dharamjaygarh 765 kV bus sectionalizer bays remain open since June 2022, alongside long-duration outages of the Chandrapur and DGEN ICTs since March 2023.

8SRLDC restores 220 kV and 400 kV lines after faults in May 20 outage report
The Southern RLDC's transmission forced-outage report for May 20, 2026 logged restorations including the 220 kV Jurala-Raichur line owned by KPTCL, revived at 05:50 after a B-N fault, and the 400 kV Guttur-BTPS line back in service at 11:48. The report chronicles each tripped element's owner, outage and revival times and the cause, giving operators a record of transient faults and recoveries that briefly affected transmission corridors across the southern grid during the delivery day.

8Three-year-old 400 kV Ramagundam line still idle-charged in SRLDC's May 20 outage list
The Southern RLDC's planned and forced transmission-outage report for May 20, 2026 includes the 400 kV Ramagundam-Telangana STPP line owned by POWERGRID, idle-charged since March 24, 2023 pending the station's readiness. The report itemises long-pending and current outages across the southern network with their owners and reasons, flagging assets such as the Ramagundam line that have remained out of normal service for years awaiting commissioning of the associated generating station.

8Lanco's 233 MW LKPPL unit held off-grid for want of schedule, SRLDC reports on May 20
The Southern RLDC generating-unit outage report for May 20, 2026 records central-sector units such as Lanco's LKPPL ST2 (233 MW), hand-tripped due to no schedule from May 19, 2026, among planned and forced unit outages. The report details each unit's owner, capacity, reason and expected revival, capturing capacity that sat idle not for technical faults but for want of dispatch, a recurring feature for costlier units left unscheduled when cheaper generation met regional demand.

8Panipat tube leak among coal and nuclear outages in CEA's May 19 maintenance log
Sub-Report 10 of the CEA Daily Generation Report records planned, forced and minor maintenance of coal, lignite and nuclear units on May 19, 2026, including Panipat TPS Unit 6 (210 MW) out on a low-temperature superheater tube leak and Unit 8 tripping on a furnace flame failure. The maintenance ledger tallies how much capacity each region had locked out for repairs, giving system operators a unit-level picture of forced and planned losses across the monitored thermal and nuclear fleet.

8Pragati CCPP among units stuck off-grid beyond 15 days, CEA reports on May 19
Sub-Report 12 of the CEA Daily Generation Report enumerates units out of the grid for more than 15 days during 2026-27 as on May 19, 2026, repeatedly listing Pragati CCPP (104.60 MW) for lube-oil, grid-disturbance, low-demand and miscellaneous reasons. The report highlights the prolonged outages dragging on usable capacity well into the new fiscal year, distinguishing extended unavailability from short-term trips and giving planners a view of capacity effectively absent from the system for weeks.

8CEA monitors big-unit maintenance for 500 MW-plus thermal and nuclear sets on May 19
Sub-Report 11 of the CEA Daily Generation Report details the daily maintenance status of large thermal and nuclear units of 500 MW and above as on May 19, 2026, capturing planned, forced and other outages of the biggest sets on the grid. The focus on heavyweight units flags the outages that move the needle most on system availability, since the unavailability of a single 500 MW-plus set materially affects regional supply margins during peak summer demand.

8CEA names units sidelined for over a year as on May 19
Sub-Report 13 of the CEA Daily Generation Report identifies thermal and nuclear units that have remained out of the grid for more than one year as on May 19, 2026, along with their maintenance start dates and expected revival timelines. The long-duration outages represent capacity effectively absent from the system, helping planners distinguish between recoverable short-term losses and chronically unavailable units that may require major refurbishment or remain stranded for extended periods.

8CEA logs units brought back online in its May 19 recommissioning report
Sub-Report 14 of the CEA Daily Generation Report captures thermal and nuclear units recommissioned and synchronised back to the grid as on May 19, 2026, recording their outage and synchronisation dates. The report tracks capacity returning to service after maintenance, giving operators and planners a running account of how much generation has been restored to the system, a useful counterpart to the outage logs that quantify capacity lost to planned and forced shutdowns.

8Grid-India schedules transmission shutdowns for coordinated May 20 maintenance
The Planned Shutdown and Planned Transmission Element report for May 20, 2026 lists transmission elements taken out of service with their timing and reasons, enabling coordinated grid maintenance across the network. The schedule helps operators plan around outages while preserving network security, ensuring that maintenance on lines, transformers and bays is sequenced to avoid compromising power transfer capability or reliability during the high-demand summer period managed by Grid-India.

8PVVNL schedules 20-plus planned shutdowns across Meerut, Ghaziabad and Saharanpur zones on May 21
Paschimanchal Vidyut Vitran Nigam published a planned-shutdown schedule for May 21, 2026 covering more than 20 feeder-level outages across its Bulandshahar, Ghaziabad, Meerut, Moradabad, Muzaffarnagar and Saharanpur circles. Durations range from one to four hours for DT meter installation, transformer shifting and pole erection under the CM Grid Yojana, relay maintenance at 11 kV feeders, and conductor replacement under the 2025-26 Business Plan. In the Meerut-1 circle alone, the 33 kV and 11 kV North divisions logged over ten individual outages.

8ATC and N-1 criteria log zero violation across all five inter-regional corridors on May 20
The NLDC's System Reliability Indices report for May 20, 2026 confirms Available Transfer Capability was not violated on any of the five monitored inter-regional corridors (WR-NR, ER-NR, Import of NR, NEW-SR and NER Import), recording zero blocks, zero hours and 0% violation. The N-1 security criterion was likewise maintained at zero violation across all corridors. Voltage monitoring across Northern Region 400 kV and 765 kV substations showed near-perfect compliance, with Ajmer out of band 7.5% of the time and Chittorgarh 8.40%.

8Southern grid maintains flawless reliability on May 20 with zero ATC and N-1 violations on both corridors
The Southern Regional Load Despatch Centre, Bengaluru, reported zero violations of both Available Transfer Capability and the N-1 security criterion for May 20, 2026 across its two monitored corridors, S1 to S2 and S3, and Import of S3. No blocks were violated, zero hours were recorded outside limits, and the violation percentage stood at 0% for both metrics, indicating a fully stable inter-regional transmission environment in the Southern Region throughout the day even at a 57,208 MW regional peak.

8Maharashtra breaches ATC for 3 hours on May 20; all other Western Region states record zero violations
WRLDC's system reliability indices report for May 20, 2026 shows Maharashtra violated Available Transfer Capability limits for 12 blocks (3.0 hours), a 12.5% violation rate, the only Western Region state to record an ATC breach. Gujarat, Madhya Pradesh, Chhattisgarh, Goa and DNHDDPDCL maintained zero violations in both ATC and N-1 criteria. The N-1 criterion was not violated by Maharashtra during the period, suggesting the exceedance was capacity-related rather than a contingency event, per the report compiled by WRLDC.

8Eastern grid's 765 kV and 400 kV nodes hold near-perfect voltage compliance on May 19; Teesta V flags full-day breach
ERLDC's Voltage Deviation Index report for May 19, 2026 covers more than 27 substations at 765 kV and 400 kV. All eight 765 kV nodes, including Ranchi New, Angul, Jharsuguda and Midnapore, stayed 100% of the time within the IEGC band with zero violations. Among 400 kV stations, Teesta V was the sole exception, recording 100% of the day outside the band, consistent with the ongoing forced outage of Teesta units since October 2023, while Muzaffarpur, Jeypore and Koderma maintained full compliance.

REGIONAL ENERGY ACCOUNT

8MPPTCL holds transmission losses at 2.60% and 99.66% system availability in March quarter
Madhya Pradesh Power Transmission Co. Ltd, Jabalpur, delivered overall system availability of 99.66% in the quarter ending March 2026, comprising 99.39% at 400 kV, 99.67% at 220 kV and 99.75% at 132 kV, against an annual transmission loss of 2.60% versus a 2.52% target. The utility wheeled 100,755.51 MU into its interface points and sent 98,136.10 MU to discoms, an energy loss of 2,619.41 MU, with a frequency variation index of 0.241 and all 520 remote terminal units working with zero loss-of-load expectation.

8TPNODL buys 2,405.75 MU but bleeds 9.06% in losses in Jan-March energy audit
TP Northern Odisha Distribution Ltd, the public-private DISCOM led by CEO Gajanan Kale, reported purchasing 2,405.75 MU and receiving 1,784.56 MU net at its periphery during January 1 to March 31, 2026, with combined transmission and distribution losses of 9.06%. The Q4 FY25-26 Energy Accounting Report covers a network of 5 circles, 16 divisions, 50 sub-divisions and 1,046 feeders across Balasore district, with input energy spread across LT (724.68 MU), 11 kV (57.77 MU), 33 kV (192.67 MU) and above-33 kV (809.44 MU) levels.

8WRPC releases DSM settlement accounts for week of May 4-10; reference rates computed under 94th CCM rules
The Western Regional Power Committee issued on May 19, 2026 the Deviation Settlement Mechanism statements for the week of May 4 to May 10, 2026, covering all western constituents including Gujarat, Madhya Pradesh, Chhattisgarh, Maharashtra and Goa, prepared under the CERC DSM Regulation, 2024. Block-wise reference rates for IPPs and RE generators were computed per the 94th Commercial Committee Meeting, while DSM accounts for NSEFI petitioners followed a Karnataka High Court order dated April 27, 2026. The 15-minute block-wise data is available on the WRPC website.

8OHPC's hydro stations push 684.97 MW and 16.44 MU as daily load report tracks seven dams
Odisha Hydro Power Corporation's Daily Load Report shows its six main stations, Balimela, Burla, Chipilima, Rengali, Mukhiguda and Bariniput, plus Machkund generating a combined 684.97 MW and 16.44 MU on a peak reading, with Balimela alone contributing 162.63 MW. A later April 20, 2026 entry records the fleet at about 648.16 MW, underscoring the seasonal swing in hydro availability across Odisha's reservoirs as inflows and storage shift the state-owned hydro fleet's contribution to the regional grid.

8Idukki sits at 707.96 m, just below last year, in SRLDC's May 20 reservoir snapshot
The Southern RLDC reservoir report for May 20, 2026 lists levels, stored energy and inflows across major dams, with Idukki at 707.96 m and 543.77 units of stored energy versus 710.48 m a year earlier, and Jalaput at 825.40 m. The year-on-year comparison gives an early read on hydro storage heading into the monsoon, signalling how much flexible hydro headroom the southern grid carried into the day relative to the same period last year as summer demand stayed high.

8IEX Day-Ahead Market clears 1.39 lakh MWh at near Rs. 5,853 average on May 20
On the Indian Energy Exchange Day-Ahead Market, the final scheduled volume reached 138,804.58 MWh for May 20, 2026 against purchase bids of 433,891.33 MWh, with the market clearing price averaging Rs. 5,852.64 per MWh and repeatedly hitting the Rs. 10,000 per MWh ceiling in early-morning blocks before easing to about Rs. 1,500 per MWh at the low. The trailing week cleared a hefty 1,049,531 MWh at an average near Rs. 5,651 per MWh, reflecting sustained tight summer market conditions.

8IEX Real-Time Market schedules 1.5 lakh MWh as prices average Rs. 5,541 on May 20
The IEX Real-Time Market cleared 150,054.56 MWh for May 20, 2026 from buy bids of 452,754.63 MWh, with the average market clearing price at Rs. 5,541.45 per MWh, a peak at the Rs. 10,000 per MWh ceiling and a trough near Rs. 99 per MWh. Across the trailing week the segment scheduled over 1.12 million MWh, underscoring the real-time market's growing role in balancing demand within the day as buyers leaned on it to manage shortfalls during peak summer load.
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MINISTRY OF POWER

8Ministry of Heavy Industries convenes high-level meeting on credit guarantee for e-buses and e-trucks
Union Minister H. D. Kumaraswamy chaired a high-level meeting on May 20, 2026 in New Delhi with public and private sector banks including SBI, Punjab National Bank, Canara Bank and SIDBI, along with bus and truck operators and associations such as AIMTC, to deliberate on financing for electric buses and trucks. Mechanisms discussed included Credit Guarantee schemes to de-risk lenders and Interest Subvention to cut borrowing costs, framed as essential to India's decarbonisation trajectory and its Net Zero by 2070 goal amid rising energy costs.

8IEA: global electric car sales hit 20 million in 2025, projected to reach 23 million in 2026
The International Energy Agency's Global EV Outlook 2026 reported electric car sales grew 20% globally to exceed 20 million vehicles in 2025, meaning one in four new cars sold was electric, with China at nearly 55% and Europe at a 28% share. Sales are forecast to reach 23 million in 2026, or 28% of total car sales. The report noted the global EV fleet avoided about 1.7 million barrels of oil per day in 2025, and projects the fleet to grow more than sixfold to as many as 510 million vehicles by 2035.

8IRENA: electricity must power 35% of global final energy by 2035; grid investment must double to $1 trillion a year
The International Renewable Energy Agency's 2026 roadmap calls for electricity's share of global final energy to reach 35% by 2035 and over 50% by 2050 under a 1.5 degree pathway, requiring renewable power capacity to scale to 18.4 TW by 2035. Annual grid investment must more than double from USD 0.5 trillion in 2025 to about USD 1 trillion a year, implying cumulative grid spend of USD 29 trillion. Global storage capacity must expand from 416 GW in 2025 to 2,530 GW in 2035 and 6,859 GW by 2050.

CEA & GRID STANDARDS

8CEA's April report tracks stalled thermal builds and the FY27 capacity-addition pipeline
The Central Electricity Authority's Thermal Project Monitoring Division released its 'Broad Status Report of Under-Construction Thermal Power Projects (April 2026)', mapping the tentative thermal capacity-addition programme for FY 2026-27 and projects on hold or unlikely to be commissioned. The report, mandated under Section 73(f) of the Electricity Act, names projects such as TNGENCO's 1x660 MW Ennore Expansion TPP among those under construction nationwide, giving planners a current view of which thermal additions are advancing and which face delays.

8AVVNL rolls out self-certification for generating units under Rajasthan's new safety notification
Ajmer Vidyut Vitran Nigam issued an order operationalising self-certification for the installation of generating units, including renewable-based ones, in line with the CEA (Measures relating to Safety and Electric Supply) Regulations, 2023. The order cites Rajasthan's notification of April 23, 2026, gazetted on May 11, 2026, which sets the capacity threshold above which Electrical Inspector inspection is mandatory before commissioning. The move streamlines clearances for generators by allowing owners to self-certify smaller installations rather than await physical inspection.

8AVVNL puts onus on owners to self-certify electrical installations before switching on
Ajmer Vidyut Vitran Nigam directed that every electrical installation at or below the notified voltage be inspected, tested and self-certified by the owner, supplier or consumer before supply begins or resumes after a six-month shutdown, under Regulation 45 of the CEA Safety Regulations, 2023. The order provides that an installation is deemed fit if the Electrical Inspector does not acknowledge the self-certification report within three working days, shifting first-line compliance responsibility to installation owners across the Ajmer discom area.

8NRPC certifies April 2026 frequency-response beta for Northern Region; IGSTPS-Jhajjar, Dadri TPS score perfect 1.00
The CEA's Northern Regional Power Committee issued the Average Monthly Frequency Response Performance (Beta) for April 2026 on May 19, 2026, computed per CERC methodology under Regulations 62(5) and 65(4) of the CERC Tariff Regulations, 2024. Beta values furnished by NRLDC and UP-SLDC were certified by NRPC. IGSTPS-Jhajjar, Dadri TPS, Tanda-II STPS, Unchahar-I and Unchahar-III TPS, and Koteshwar scored the highest beta of 1.00, while Rihand STPS, Singrauli STPS and URI HEP recorded 0.00, with several stations reporting no data.

8NRPC issues April 2026 heat-rate compensation statement for Northern Region thermal generators
The Northern Regional Power Committee issued on May 19, 2026 the compensation statement for degradation of heat rate and auxiliary energy consumption due to part-load operation for April 2026, covering regional thermal and gas-based stations whose tariffs are set under Section 62 of the Electricity Act. Prepared under Regulation 70(G)(10) of the CERC Tariff (First Amendment) Regulations, 2025, the statement is based on outage and fuel data submitted by Inter-State Generating Stations, with separate compensation details for part-load operation due to SCED and SCUC.
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SOLAR POWER

8IEX Green Day-Ahead Market moves about 32,154 MWh of clean power at a Rs. 6,225 premium
The IEX Green Day-Ahead Market scheduled roughly 32,154 MWh of solar, non-solar and hydro power on May 20, 2026 against purchase bids of 163,105.68 MWh, with the clearing price averaging Rs. 6,224.78 per MWh and peaking near Rs. 11,500 per MWh. The premium over the conventional Day-Ahead Market reflects buyers' willingness to pay extra for renewable attributes, underscoring sustained demand for green power on the exchange even as conventional segments cleared at lower average prices during the same delivery day.

POLICY & INCENTIVES

8MNRE clears ZAM alloy for rooftop solar mounts, widening choice under PM Surya Ghar
The Ministry of New and Renewable Energy amended the technical specifications for rooftop solar plants under the 'CFA to Residential Consumers' component of PM Surya Ghar: Muft Bijli Yojana on May 19, 2026. Acting on industry requests and inputs from NISE, the Ministry now permits Zinc-Aluminium-Magnesium (ZAM) alloy for module mounting structures alongside existing materials, updating Annexure 3 of the operational guidelines. The change gives rooftop installers a wider, potentially lower-cost material choice for mounting structures under the flagship residential solar subsidy scheme.

8Solar leads as India's renewables pump out 1,125 MU on May 19
The CEA's Daily Renewable Generation Report for May 19, 2026 records 1,125.10 MU of all-India renewable output, comprising 421.49 MU of wind, 675.29 MU of solar and 28.32 MU of biomass and others. The day's generation lifted the cumulative May 2026 renewable tally to 17,860.51 MU, with marquee assets such as the NP Kunta and Pavagada solar parks contributing 14.20 MU and 12.57 MU respectively. The figures underscore solar's growing share in the country's daily generation mix during peak summer.

8India's solar-hour VRE penetration hits record 28.90% on May 19, breaching prior peaks
Grid Controller of India's NLDC-REMC report for May 19, 2026 shows variable renewable energy contributed 28.90% of demand met during solar hours, with maximum generation of 91,503 MW at 13:00 hrs, an all-time high surpassing the prior solar-hour peak of 77,212 MW. Wind alone contributed 22.16% (57,713 MW) during peak solar hours, while non-solar hours saw 6.80% wind penetration. Total all-India maximum demand met reached 260,457 MW at 15:40 hrs, underlining the rapid scaling of renewables against rising national load.

8IEX green forward market settles daily contracts around Rs. 6,700 on May 20
Green Term-Ahead Market trades on the Indian Energy Exchange for May 20, 2026 saw daily contracts such as 150 MWh blocks clear at Rs. 6,700 per MWh and Rs. 6,670 per MWh, alongside intra-day green contracts priced near the Rs. 10,000 per MWh ceiling. The activity highlights steady demand for forward-dated renewable energy on the exchange, letting buyers and sellers lock in clean-power volumes and prices ahead of delivery as the green market segment continues to deepen.
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WORK ORDERS & SUPPLY CONTRACTS

8Green Power International's Beta Wind Farm signs LoA for 6.6 MW wind expansion in Tamil Nadu's Karur district
Green Power International disclosed on May 20, 2026 that its material subsidiary Beta Wind Farm Private Limited issued a Letter of Intent to Renfra Energy India for the supply, installation and commissioning of two 3.3 MW wind turbine generators, totalling 6.6 MW, at Karur District, Tamil Nadu, on a turnkey basis. Renfra accepted the LoA on May 19, 2026, and Beta's Investment, Borrowing and Banking Committee approved the expansion the same day. The addition was disclosed under Regulation 30 of SEBI LODR.

PPA SIGNING & APPROVAL

8MERC approves Rs. 4.75 per kWh, 20-year PPA for EON Kharadi SEZ's 10 MW hydro procurement
MERC issued its final order on May 20, 2026 in Case No. 13 of 2026, approving a PPA and adopting a tariff of Rs. 4.75 per kWh for EON Kharadi Infrastructure's long-term renewable procurement from M/s Mohite Industries (Small Hydro Power, Radhanagri Dam, Kolhapur). The approved quantities are 6 MW for EON SEZ Phase I and 4 MW for EON SEZ II over 20 years from April 1, 2026. The Commission noted the discovered tariff is below prevailing medium-term RTC rates of Rs. 5.39 to Rs. 8.00 per kWh.

8MERC grants two weeks to MSPGCL and Adani Power to reply in MSEDCL's Rs. 5.30 per kWh thermal PPA case
In IA No. 73 of 2026 in Case No. 81 of 2026, MERC on May 19, 2026 allowed Adani Power and MSPGCL two weeks each to reply to MSEDCL's petition on long-term procurement from a thermal station on a Design, Build, Finance, Own and Operate basis. MSEDCL issued a Conditional Letter of Award to Adani Power on March 11, 2026, after a competitive e-Reverse Auction, at a Base Year Tariff of Rs. 5.30 per kWh, requiring the Power Supply Agreement within 30 days. The Commission flagged urgency as MSPGCL units retire after 2030.

8Jubilant Infrastructure seeks Gujarat nod to sell power from its 98 TPH cogeneration boiler
Jubilant Infrastructure asked the Gujarat ERC in Petition No. 2629 of 2026 to approve a long-term power procurement plan from a 98 TPH coal-based CFBC boiler integrated with a steam turbine that can generate up to 10 MW, of which roughly 3.5 MW is currently produced. The plea, citing Clause 108 of the GERC MYT Regulations 2024, references a tariff of about Rs. 4.13 per unit for a contracted capacity of 9.00 MW, seeking regulatory clearance to monetise surplus captive generation from the cogeneration unit.
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OPEN ACCESS & WHEELING CHARGES

8MERC gives petitioner two weeks to amend petition in wheeling-charges waiver case against MSEDCL
In Case No. 66 of 2025, filed by Ms. Ashwini Ravindra Shimpi alleging illegal waiver of wheeling charges to three consumers under Vasai Circle, MERC on May 19, 2026 granted the petitioner two weeks to file a rejoinder and an application to amend the petition. MSEDCL was directed to file its reply on maintainability of the amended petition within one week thereafter. The respondents include MSEDCL and four of its senior officials, namely Director (Commercial), Director (Operations), Company Secretary and Chief General Manager (IT).

8MERC disposes Ramsons Industries' urgent-hearing plea as EHV wheeling-charges row continues
MERC disposed of IA No. 70 of 2026 in Case No. 201 of 2025 on May 19, 2026, filed by M/s Ramsons Industries seeking an early hearing over heavy wheeling charges levied by MSEDCL and MSETCL. The petitioner argued the utilities had failed to develop EHV infrastructure mandated under the MERC Supply Code Regulations, making the charges untenable. MSEDCL contended there was no urgency and that the matter could be listed any time, while MSETCL's representative could not place submissions due to technical difficulties during the e-hearing.

8Byrnihat industries drag Meghalaya regulator back over open-access surcharge computation
The Byrnihat Industries Association filed a review petition before the Meghalaya State ERC against Meghalaya Power Distribution Corporation, challenging the computation of the additional surcharge in the Commission's February 9, 2026 order in Case No. 05 of 2025. The petition, filed under Section 94(1)(f) of the Electricity Act and Regulation 21 of the MSERC Conduct of Business Regulations, also touches the cross-subsidy surcharge and inter-State transmission charges fixed for open-access consumers, reopening a contested billing question for the industrial cluster on the Assam-Meghalaya border.

COMMISSION ORDERS (CERC/SERC)

8CERC moves to tighten inter-State access rules, coins new 'LAND BG' guarantee in draft amendment
The Central Electricity Regulatory Commission issued a draft notification dated May 20, 2026 for the Fourth Amendment to its 2022 Connectivity and General Network Access Regulations, inserting a clause defining 'LAND BG' as the land bank guarantee furnished by connectivity seekers. The CERC public notice invites comments, suggestions and objections by June 22, 2026, with submissions accepted by email and through the SAUDAMINI portal. The change firms up the framework governing access to the inter-State transmission system as the regulator tightens connectivity norms.

8UPERC cuts RPSCL's carrying-cost entitlement to Rs. 191.46 crore after interest-rate error in corrigendum
The Uttar Pradesh Electricity Regulatory Commission issued a corrigendum on May 20, 2026 in IA No. 1/2025, correcting its May 6, 2026 order in the Rosa Power Supply Company vs UPPCL matter where the carrying-cost interest rate was wrongly applied as a flat 15% instead of year-wise SBI PLR rates of 12.15% to 15.15%. RPSCL's carrying cost stands revised to Rs. 191.46 crore, with the total Stage I and II impact at Rs. 294.98 crore, against Rs. 1,338.65 crore under the APTEL order methodology.

8Rajasthan regulator notifies Regulation 164 in state gazette, asserting tariff-setting powers
The Rajasthan Electricity Regulatory Commission published Regulation No. 164, notified on March 10, 2026, in the Rajasthan Gazette (Extraordinary) dated May 13, 2026. Framed under Sections 61, 86 and 181 of the Electricity Act, 2003, the notification exercises the Commission's powers and the enabling provisions that support tariff and regulatory functions in the state. The gazetting formalises the regulatory framework, giving legal effect to the Commission's authority over tariff determination and related matters for utilities and consumers in Rajasthan.

8Gas tops out at Rs. 25.34 per unit as MSEDCL's May merit order ranks 100-plus plants by running cost
The MERC-approved Merit Order Despatch stack for MSEDCL, effective May 16 to June 15, 2026, lists Kawas (LQ) gas as the costliest source at Rs. 25.3390 per kWh and places Adani Power Maharashtra's Tiroda coal units among the cheapest at roughly Rs. 2.37 per kWh base variable charge. Stacking more than 100 generating stations in ascending order of variable cost, the schedule effectively decides which plants the DISCOM dispatches first to keep its power purchase bills in check during the high-demand summer.

8MERC reserves orders in Sanyo Steel and JSW Energy cases after May 19 e-hearing
MERC reserved orders in Case No. 35 of 2025 (Sanyo Special Steel Manufacturing India vs MSEDCL) and Case No. 36 of 2025 (JSW Energy vs MSEDCL) after an e-hearing on May 19, 2026. In the Sanyo matter, parties may file additional submissions within seven days; in the JSW Energy case, written notes of arguments may be submitted within 10 days. The bench, presided over by Chairperson Valsa Nair Singh with Members Anand M. Limaye and Surendra J. Biyani, issued the statement with the Commission's approval.

REGULATORY PETITION & REVIEW

8Gujarat regulator reopens 16-year-old tariff fight over Vaayu's 51.2 MW wind fleet
The Gujarat Electricity Regulatory Commission heard M/s Vaayu (India) Power Corporation's Petition No. 1221 of 2012, seeking a revised tariff for a 51.2 MW wind project of sixty-four 800 kW turbines commissioned between 2010 and 2011, on the ground that it did not avail accelerated depreciation under Tariff Order No. 1 of 2010. On May 20, 2026 the Commission gave GUVNL two weeks for additional submissions and the petitioner one further week to respond, while disposing of the urgent-listing application in the long-pending matter.

8Rain and connectivity delays push Project Twelve Renewables to seek more time from Gujarat regulator
The Gujarat ERC granted Project Twelve Renewables Power two weeks to file an interlocutory application in Petition No. 2314 of 2024, which seeks deferment of the Scheduled Commercial Operation Date under its December 15, 2022 PPA, citing excessive rainfall at the site and delay in grant of connectivity. GUVNL and GETCO did not oppose the adjournment and were given three weeks to reply once the new application is filed, keeping the commissioning-timeline dispute alive before the Commission.

8Enren Energy walks away from 400 MW solar dispute after sealing settlement with GUVNL
M/s Enren Energy informed the Gujarat ERC it had amicably settled its dispute with Gujarat Urja Vikas Nigam and sought to withdraw Petition No. 2341 of 2024 along with IA No. 41 of 2024. The petition had sought an extension of the Scheduled Commercial Operation Date for a 400 MW solar PV plant under the December 15, 2022 PPA. With GUVNL's affidavit of November 20, 2025 confirming the settlement, the Commission allowed the withdrawal, closing the commissioning-extension dispute between the developer and the state utility.

8Gujarat regulator throws out German Green Steel's crane-accident excuse on 1,282.7 MW project
Dismissing Petition No. 2515 of 2025, the Gujarat ERC ruled that an alleged crane accident did not amount to force majeure for German Green Steel and Power, noting that 1,282.7 MW of wind capacity plus the solar component was already ready for commissioning. The Commission found no causal link to the five-month delay and observed that the replacement purchase order was placed only on July 1, 2025, pointing to internal procurement lapses rather than an unavoidable event, and denied the requested time extension.

8Bhathwari Technologies' commissioning-delay plea collapses as Gujarat regulator rejects force majeure
In Petition No. 2517 of 2025, the Gujarat ERC disallowed Bhathwari Technologies' request for a time extension, holding that the claimed crane accident neither met the legal test for force majeure nor explained a five-month delay. The Commission noted the firm placed its replacement purchase order only on March 1, 2025, attributing the slippage to its own decision-making and ruling it ineligible for relief. The order mirrors the Commission's parallel rejection of similar crane-accident force majeure claims by other developers.

8ABRel SPV 2 gets four weeks to argue solar delay and reclaim liquidated damages in Gujarat
Hearing Petition No. 2540 of 2025, the Gujarat ERC adjourned ABRel SPV 2 Limited's plea seeking an extension of its Scheduled Commissioning Date under an August 17, 2022 PPA with GUVNL and a refund of liquidated damages already paid. After GUVNL filed its reply only on the hearing day, the Commission allowed the petitioner four weeks to file a rejoinder, keeping alive the developer's bid to recover penalties tied to the delayed solar project commissioning under the state procurement contract.

8Renewable SPVs ask Gujarat regulator to clarify connectivity rules at 400 kV Babarzar hub
M/s Saraca Asoca Renewables and co-petitioner BA Prerna Renewables urged the Gujarat ERC in Petition No. 2634 of 2026 to reinterpret Clause 5.7(iv) of GETCO's Connectivity Procedure, 2025 for their renewable projects seeking connectivity at the State-planned 400 kV Babarzar Pooling Station. The petitioners, who hold a 70 MW solar project and furnished Security and Land-route Bank Guarantees of Rs. 10 lakh per MW, said their applications fall within the substation's planned capacity under GETCO's transmission plan up to 2032.

8MERC adjourns Clean Wind Power vs MSETCL hearing as petitioner's counsel remains unavailable
MERC adjourned the hearing in Case No. 34 of 2025, filed by Clean Wind Power (Bhavnagar) against Maharashtra State Electricity Transmission Co. Ltd, on May 19, 2026 after the petitioner's advocate said the arguing counsel was unavailable. The next date will be intimated by the Commission's Secretariat. The case concerns Clean Wind Power seeking directions against MSEDCL and consequential reliefs, leaving the renewable generator's transmission-related grievance pending before the Maharashtra regulator until a fresh hearing is scheduled.

8MERC adjourns Mindspace and Gigaplex parks case after Kreate Energy loses its advocate
MERC adjourned the hearing in Case No. 26 of 2025, involving petitioners M/s Mindspace Business Parks, M/s Gigaplex Estate and M/s KRC Infrastructure and Power against Kreate Energy (I) Private Limited, on May 19, 2026 after the petitioner's counsel was unavailable. Adding to the complication, Kreate Energy's advocate had emailed on May 18, 2026 that he had been discharged from the matter. The case relates to non-compliance of the Commission's September 27, 2023 order in Case No. 162 of 2022.

8Meghalaya regulator fixes May 28 date to hear Byrnihat review of February tariff order
The Meghalaya State ERC scheduled a hearing at 11:30 AM on May 28, 2026 in Case No. 2 of 2026, the Byrnihat Industrial Association's review petition against the Commission's February 9, 2026 order in Case No. 05 of 2025. The hearing follows MePDCL's reply dated May 5, 2026 to the petition, which was admitted in April 2026. The listing sets the stage for arguments on the disputed surcharge computation affecting open-access industrial consumers in the Byrnihat industrial belt.
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QUARTERLY RESULTS

8Ola Electric turns operating cash-flow positive for the first time with Rs. 91 crore CFO in Q4 FY26
Ola Electric Mobility reported its first-ever operating cash-flow positive quarter, with consolidated cash flow from operations of Rs. 91 crore in Q4 FY26, aided by PLI inflows, stronger gross margins and tighter working capital. Consolidated gross margin expanded to 38.5% from 13.7% a year earlier, even as revenue stood at Rs. 265 crore on 20,256 deliveries. The company expects Q1 FY27 orders to nearly double to about 45,000 units as service turnaround time fell 88% to roughly one day.

ANNUAL RESULTS

8JSW Energy targets 30 GW capacity by 2030, reports Rs. 4,359 crore cash PAT for FY26
JSW Energy, with installed generation capacity of 13.7 GW as of May 2026, reported a cash PAT of Rs. 4,359 crore for FY26 on total income of Rs. 19,878 crore, with about 88% of EBITDA from long-term PPAs. The company plans to become a 30 GW generation plus 40 GWh storage firm by 2030, backed by a 14,048 MW under-construction portfolio. Net debt stood at Rs. 65,834 crore at 5.2x net debt to EBITDA, with green energy at 67% of locked-in capacity.

8JSW Energy files FY26 standalone accounts; revenue from operations falls to Rs. 3,029 crore, PAT at Rs. 859 crore
JSW Energy filed audited standalone and consolidated statements for the year ended March 31, 2026 on May 20, 2026. Standalone revenue from operations declined to Rs. 3,029.40 crore in FY26 from Rs. 3,939.31 crore in FY25, while total income fell to Rs. 3,971.68 crore. Profit before tax after an exceptional item of Rs. 21.62 crore was Rs. 824.08 crore, with profit for the year at Rs. 859.02 crore and total comprehensive income of Rs. 1,217.67 crore. Statements were audited by Deloitte Haskins & Sells LLP.

8Quality Power Electrical Equipments crosses Rs. 1,000 crore revenue in FY26, enters FY27 with Rs. 1,400 crore order book
Quality Power Electrical Equipments crossed Rs. 1,000 crore total revenue for the first time in FY26, posting EBITDA of Rs. 236 crore at about 23.8% margin, beating guidance, the company said at its May 14, 2026 earnings call. Q4 was its highest-ever quarter at roughly Rs. 310 crore, though results included a Rs. 25.7 crore non-cash hyperinflationary adjustment for its Turkish subsidiary. The firm enters FY27 with an order book above Rs. 1,400 crore, with exposure to HVDC, FACTS, grid modernisation and data centre infrastructure.

8GE Vernova T&D India revenue surges 42% to Rs. 16.4 billion in Q4 FY26; order book reaches Rs. 212.3 billion
GE Vernova T&D India delivered Q4 FY26 revenue up 42% year-on-year to Rs. 16.4 billion, driven by 22.3% domestic growth and a 109% surge in exports, per a May 20, 2026 PL Research update. EBITDA grew 66.6% to Rs. 4.4 billion with margins expanding 400 basis points to 27.2%. Full-year FY26 revenue reached Rs. 62.1 billion with EBITDA doubling to Rs. 16.8 billion. The order book stands at Rs. 212.3 billion, 3.4x trailing revenue, with a Rs. 10 billion capex programme through FY28 for HVDC localisation.

8Om Infra posts FY26 revenue of Rs. 5,001 million, targets Rs. 1,500 crore order inflow in FY27 amid JJM revival
Om Infra reported FY26 consolidated revenue of Rs. 5,001 million with EBITDA of Rs. 282 million and PAT of Rs. 206 million (EPS Rs. 2.10), per its May 20, 2026 investor presentation. Performance was dampened by delayed Jal Jeevan Mission payments, easing after a Rs. 27,000 crore revival fund for Uttar Pradesh and Rajasthan. For FY27 the company targets order inflows of Rs. 1,500 crore and stands to benefit from the Union Budget water outlay of over Rs. 84,000 crore, including Rs. 67,670 crore for JJM.

8Patel Engineering FY26 revenue crosses Rs. 5,000 crore; order book stands at Rs. 15,119 crore
Patel Engineering achieved revenue of Rs. 5,103 crore in FY26 and closed the year with an order book of Rs. 15,119 crore, comprising 63% hydropower, 16% irrigation and 10% urban infrastructure, per its May 14, 2026 earnings call. New orders of about Rs. 4,400 crore included the Rs. 1,300 crore Kondhane Dam from CIDCO and the Rs. 240 crore Teesta-V project from NHPC. The company entered FY27 as L1 for a further Rs. 1,600 crore and identified a Rs. 20,000 crore pipeline to pursue.

8Saatvik Green Energy FY26 revenue doubles to Rs. 45,484 million with 3,162 MW output; plans 6 GW ingot-wafer entry
Saatvik Green Energy posted record FY26 revenue of Rs. 45,484 million, up 111% year-on-year, with PAT of Rs. 3,571 million and EBITDA of Rs. 5,811 million, per its May 20, 2026 release. Annual module production hit 3,162 MW at 84.07% utilisation, and the order book stood at about 5.89 GW as of March 31, 2026, while debt-equity improved to 0.65 from 1.34. The company revised its Odisha Phase 2 cell capacity to 3.6 GW and announced a planned 6 GW ingot and wafer venture.

8PTC India FY26 trading volume grows 12% to 92.80 billion units; comprehensive income rises to Rs. 398.28 crore
PTC India traded 92.80 billion units of electricity in FY26, up 12% from 82.75 billion units, with total comprehensive income of Rs. 398.28 crore and a declared dividend of Rs. 8.50 per share. Exchange-traded short-term volume contributed 56% of the total, while REC trading reached 68.30 lakh. Q4 FY26 volume grew 24% quarter-on-quarter to 23,572 million units. PTC signed a joint venture with NLC India Renewables to jointly develop up to 2,000 MW of renewable energy projects across India in a phased manner.

8NAVA's standalone PAT surges 116% to Rs. 911 crore in FY26, record Rs. 8.50 dividend declared
NAVA Limited reported a 116% jump in standalone PAT to Rs. 911 crore for FY26, its strongest standalone performance, supported by upstream dividend inflows and buyback proceeds from its Zambian subsidiary Maamba Energy. The company declared its highest-ever dividend of Rs. 8.50 per share. Consolidated profit was pressured by a non-cash deferred tax adjustment driven by a roughly 32% appreciation of the Zambian Kwacha. Management guided power realisation near Rs. 5.50 per unit and confirmed a 100 MW solar project on track for July 2026 commissioning.

8Premier Energies posts record Rs. 8,026 crore revenue in FY26, PAT jumps 61% to Rs. 1,510 crore
Premier Energies reported a 20.7% rise in total revenue to Rs. 8,026 crore for FY26, with PAT surging 61.1% to Rs. 1,510 crore and operational EBITDA margin at 30.4%. The solar manufacturer's order book stood at Rs. 14,010 crore, up 66% year-on-year, while module capacity reached 11.1 GW after a 5.6 GW Sitarampur plant commissioning. For FY27 the company plans capex of Rs. 5,100 crore across cells, wafers, batteries and inverters, and targets cell capacity of 10.6 GW as its 7 GW TOPCon line ramps up.

8Power Finance Corporation disburses Rs. 1,65,414 crore in FY26, net profit hits record Rs. 20,051 crore, up 16%
Power Finance Corporation delivered its highest-ever standalone net profit of Rs. 20,051 crore in FY26, up 16% year-on-year, aided by provision reversals of around Rs. 1,800 crore including the Sinnar Thermal and TRN Energy resolutions, per its May 13, 2026 investor meet. The consolidated loan book closed near Rs. 5.8 lakh crore, net worth crossed Rs. 1 lakh crore, and consolidated PAT reached Rs. 33,625 crore. FY26 disbursements of Rs. 1,65,414 crore supported infrastructure, and PFC targets around 10% loan growth in FY27.

8Ola Electric reports FY26 consolidated loss of Rs. 2,276 crore on revenue of Rs. 4,514 crore; gross margin tops 33%
Ola Electric Mobility filed audited FY26 results on May 20, 2026, reporting consolidated revenue from operations of Rs. 4,514 crore and a total net loss of Rs. 2,276 crore. Q4 FY26 standalone revenue declined to Rs. 264 crore from Rs. 611 crore in Q3 FY26. The KPI databook shows gross margin improving to over 33% in Q4 FY26 from 25.6% in Q1 FY26, on 22,088 quarterly registrations. Auditors B S R & Co. LLP added an emphasis-of-matter paragraph on going concern.

DIVIDEND & BOARD DECISIONS

8Indo-Tech Transformers approves Rs. 35 crore capex to lift plant capacity to 25,000 MVA by March 2029
Indo-Tech Transformers' board approved on May 20, 2026 a fresh capital expenditure of Rs. 35 crore to expand plant capacity to 25,000 MVA by March 2029, adding to prior approvals of Rs. 75 crore and Rs. 25 crore already in progress. Cumulative capex now stands at Rs. 135 crore, taking capacity from the current 14,000 MVA at 80-90% utilisation, funded via internal accruals and term loans. The board also approved audited Q4 and FY26 results, with statutory auditors M/s ASA & Associates LLP issuing an unmodified opinion.

EARNINGS CALL & ANALYST MEET

8Suzlon Energy schedules Q4 FY26 earnings call for May 25, led by Group CEO Ajay Kapur
Suzlon Energy informed BSE and NSE on May 20, 2026 that its Q4 FY26 results conference call is set for Monday, May 25, 2026 at 5:30 PM IST. The call will be led by JP Chalasani, Group CEO Ajay Kapur and Group CFO Rahul Jain, with universal access numbers and toll-free lines for Singapore, Hong Kong, the UK and the US. A presentation will be filed with the stock exchanges and made available on the company website following the board meeting that approves the audited results.

8Kalpataru Projects files transcript of its Q4 FY26 earnings conference call held on May 15
Kalpataru Projects International uploaded to BSE and NSE on May 20, 2026 the transcript of its Q4 and FY26 earnings conference call held on Friday, May 15, 2026 at 9:00 a.m. IST, in compliance with Regulation 30 of SEBI LODR. The transcript covers audited consolidated and standalone financial results for the quarter and year ended March 31, 2026 and is available on the company's investor relations website, giving analysts a detailed account of management commentary on the engineering and construction firm's full-year performance.

8CESC Limited to participate in three investor conferences across May and June 2026
CESC Limited disclosed on May 20, 2026 that it will join three investor conferences between late May and mid-June 2026: the 360 ONE Capital (B&K) Annual Investor Conference in Mumbai on May 27, the ICICI Securities India Investor Conference in Mumbai on June 8, and the Investec Confluence event in Chennai on June 12, all as physical group meetings. The disclosures were made under Regulation 30 of SEBI LODR by Company Secretary and Compliance Officer Jagdish Patra, giving institutional investors structured access to the power utility's management.

8Triveni Turbine to attend Ambit Capital and 360 ONE investor conferences in Mumbai on May 26-27
Triveni Turbine disclosed on May 20, 2026 that its management will participate in two investor conferences in Mumbai: the Ambit Capital 'Titans of Tomorrow' conference on May 26 and the 360 ONE Capital (B&K) 16th Annual Investor Conference 'TRINITY INDIA 2026' on May 27, both in one-on-one and group formats. The company confirmed no unpublished price-sensitive information will be shared, consistent with SEBI LODR. Triveni Turbine (NSE: TRITURBINE) manufactures industrial steam turbines at its Peenya and Sompura facilities in Bengaluru.

8Voltamp Transformers to attend two institutional investor conferences in Mumbai on May 29 and June 1
Voltamp Transformers informed exchanges that its officials will participate in the 360 ONE Capital (B&K) 16th Annual Investor Conference, TRINITY INDIA 2026, in Mumbai on May 29, 2026, followed by the BOFA 2026 India Conference on June 1, 2026, both in physical mode. The company clarified that no unpublished price-sensitive information will be shared and that the schedule may change due to unforeseen circumstances. The disclosures were made under Regulation 30 of SEBI LODR, giving investors access to the transformer maker's management.

CREDIT RATING & ANALYST REPORT

8ICRA upgrades JSW Greentech's Rs. 1,487.5 crore term loan to [ICRA]A (Stable) ahead of e-bus plant start
ICRA upgraded JSW Greentech's long-term rating on May 20, 2026 from [ICRA]A- (Stable) to [ICRA]A (Stable) on its Rs. 1,487.5 crore term loan, citing progress on a greenfield electric bus and truck plant in Aurangabad Industrial City, Maharashtra. The company plans to start partial operations nearly a year ahead of the July 2027 target, with capacity of 10,000 buses and 5,000 trucks a year. Total project outlay is about Rs. 2,000 crore, funded by the debt and JSW Group equity, with assured offtake via a fleet operations entity.

8ICRA withdraws [ICRA]A+ (Stable) ratings on six OSPPL solar SPVs totalling Rs. 853.80 crore
ICRA withdrew [ICRA]A+ (Stable) ratings on May 20, 2026 on term loans of six solar SPVs owned by Onwards Solar Power Private Limited, at the companies' request and after lender No Objection Certificates. The six SPVs, with loans from Rs. 78.40 crore to Rs. 185.90 crore, form part of a co-obligor pool of eight MPCL-owned SPVs with 300 MW AC installed capacity across Maharashtra, Uttar Pradesh and Odisha, all offtaken by SECI. The pool's consolidated FY25 operating income was Rs. 223 crore at an 87.1% OPBDITA margin.

8ICRA withdraws [ICRA]A+ (Stable) rating on MH Parbhani Power's Rs. 165.80 crore term loan
ICRA withdrew the [ICRA]A+ (Stable) rating on May 20, 2026 on the Rs. 165.80 crore long-term term loan of MH Parbhani Power Private Limited, at the company's request and on receipt of a lender No Objection Certificate. MH Parbhani Power is one of the eight SPVs in the OSPPL co-obligor pool with aggregate installed capacity of 300 MW AC, all offtaken by SECI. ICRA noted it had no information to suggest the credit risk had changed since the rating was last reviewed.

8Emkay maintains BUY on Genus Power Infra at TP Rs. 550, citing Rs. 252 billion order book and 8.7 million meters
Emkay Global reiterated its BUY rating on Genus Power Infra (CMP Rs. 308) with a target price of Rs. 550, implying 78.6% upside, after Q4 FY26 standalone revenue of Rs. 15.3 billion, up 62.7%, and PAT of Rs. 1.8 billion, up 41.2%. The company installed 3 million smart meters in Q4 FY26, taking the FY26 total to 8.7 million against a Rs. 252 billion order book. Management guided FY27 revenue of Rs. 60-65 billion, while net debt climbed to Rs. 15.7 billion from Rs. 6.1 billion.
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 For reference purposes the website carries here the following tenders:
 
8Tender for work of Re-tubing of tube nest of LP heater Details
  
8Design, engineering, supply, installation, testing and commissioning of 200 sets of communicable fault passage indicators Details
  
8Tender for procurement of fail safe type electronic IP converter for pneumatic actuators Details
  
8Tender for supply, erection and commissioning of 36 kV VCB 1250 Amp Details
  
8Tender for empanelment of contractors to award a contract for survey, installation, testing and commissioning of 33kV line Details
  
8Tender for supply of 132kV & 220kV single phase potential transformers Details
  
8Tender for supply of LT XLPE insulated Details
  
8Tender for supply of 36 kV outdoor VCB kiosks Details
  
8Tender for supply and complete replacement work of collecting electrodes and emitting electrodes Details
  
8Tender for work for replacement of existing asbestos sheet with new precoated GI profile sheet roofing Details
  
8Tender for procurement of PPEs for various specific purpose during Details
  
8Tender for supply and erection of 160 MVA, 230/110 kV auto transformers Details
  
8Tender for erection, commissioning of equipments,testing, control wiring etc. Details
  
8Tender for capacity addition 110/33 kV 16 MVA transformer Details
  
8Tender for AMC of window ACs /split ACs/ tower ACs and water coolers installed Details
  
8Tender for supply of VCB for CHP Details
  
8Tender for dismantling of existing pipe culvert bridge and reconstruction of bridge across Details
  
8Tender for upgradation of CRG gantry crane and overhauling of motor and gear box. Details
  
8Tender for day to day valve operation for colony water supply Details
  
8Tender for evacuation of 2.50 lakh CuM pond ash Details
  
8Tender for work of desilting of balancing reservoir Details
  
8Tender for centralized rate contract for two years for supply of various types of HT fasteners Details
  
8Tender for revival of steam and water analysis system Details
  
8Tender for installation of impressed current cathodic protection system Details
  
8Tender for supply of centre coal feed pipe type-II for HP 803 bowl mills Details
  
8Tender for supply of HS type outdoor termination kit for 11kV 3X300 and 3X120 sqmm XLPE cable Details
  
8Tender for construction of damaged gabions wall of dump muck pile slope Details
  
8Tender for supply and application of ceramic coating on spiral casing stay vanes and stay ring Details
  
8Tender for construction of 33kV dedicated line and from 132/33kV GSS Details
  
8Tender for construction of 33kV line and installation of 33/0.4kV, 1x1000KVA sub-station Details
  
8Tender for supply of spares for gas compressor Details
  
8Tender for work of providing & applying high insulation resistance compound coating Details
  
8Tender for supply of 400kV 160 kN and 210kN CLR polymer insulator Details
  
8Tender for supply cum installation of 01 nos of fully automatic inter facial tensiometer for insulating oils Details
  
8Tender for supply of mobile dry air plant Details
  
8Tender for supply of 765 kV 120 kN, 160 kN and 210 kN CLR polymer insulator Details
  
8Tender for AMC for day to day electrical maintenance activities at 220/132kV substation Details
  
8Tender for selection of agency for development, enhancement, deployment and maintenance of digital systems Details
  
8Tender for erection and commissioning of boiler and its auxiliaries, stack and BOP systems Details
  
8Tender for providing and applying antitermite treatment Details
  
8Tender for supply and application of paint on boiler Details
  
8Tender for contract for overhauling of transmission assembly and engine assembly of dozers Details
  
8Tender for ash handling system package Details
  
8Tender for project management and consultancy (PMC) services for up-gradation of S&T system Details
  
8Tender for contract for FGD housekeeping in stage-5. Details
  
8Tender for bienniel contract for civil maintenance work Details
  
8Tender for rate contract for rewinding of AC LT motors having capacity up to 160 KW Details
  
8Tender for work for dismantling, shifting and stacking of fly ash conveying pipe rack, power cable, C & I cables Details
  
8Tender for developing surrounding area of cooling tower Details
  
8Tender for service contract for in-situ servicing and refurbishment different type of high pressure valves Details
  
8Tender for painting work at conveyor structure, chusher Details
  
8Tender for procurement of different dia pipe and pipe fittings Details
  
8Tender for procurement of CW treatment chemical acid free Details
  
8Tender for biennial rate contract for different cable laying and associated work Details
  
8Tender for procurement of rollers idlers for conveyor belting system Details
  
8Tender for service contract for replacement and rotation of MS pipe lines Details
  
8Tender for biennial maintenance contract for housekeeping/cleaning work Details
  
8Tender for underwater inspection and tail race tunnel Details
  
8Tender for operations and maintenance of equipmets of 33/11 kV substation Details
  
8Tender for comprehensive annual maintenance contract for UPS, IMD IV unit No.10 and 11 of 2x250MW STPS Details
  
8Tender for supply, installation and commissioning of 01 No. VFD with all related EPC works for 6.6kV, CEP motors Details
  
8Tender for procurement of spares for coal mill XRP 1003 Details
  
8Tender for one time special repair and maintenance of sewer line and replacement of existing damaged GI pipe line Details
  
8Tender for general civil repair and maintenance work Details
  
8Tender for procurement of spares for HD fire protect deluge valves Details
  
8Tender for annual work contract for assistance in valve operation of turbine boiler Details
  
8Tender for procurement of various ratings CandS make air circuit breaker Details
  
8Tender for manufacturing, testing and supply of ISI marked 33 kV XLPE underground cable 400 sqmm Details
  
8Tender for installing new 200MVA, 220/110kV 3 Ph Trfr station in existing spare bay available Details
  
8Tender for construction of control room at 33kV substation Details
  
8Tender for Re-conductoring Details
  
8Tender for enhancing the capacity of 110kV bus with triple bersimis ACSR conductor Details
  
8Tender for supply of accessories for LT ABC of various sizes Details
  
8Tender for supply of 4500 sets of stay set complete Details
  
8Tender for supply of 40 sets of 11kV stand alone complete set Details
  
8Tender for supply of 4500Nos of LT 3phase angle cross arm Details
  
8Tender for supply of tapping channel cross arm Details
  
8Tender for supply of each 300Kgs of TC fuse wire Details
  
8Tender for execution of supply and works contract for provision of 33 kV source feeder Details
  
8Tender for supply of 40 sets of 22kV stand alone complete set Details
  
8Tender for work of annual maintenance contract (AMC) for repairing, servicing / overhauling of various make 11kV circuit breakers Details
  
8Tender for balance civil work and interior works Details
  
8Tender for work of providing & applying nano technology basedacid and alkali resistant nano modified anti corrosivecoating paint on rusted EHV transmission line tower Details
  
8Tender for work of annual maintenance contract (AMC) for attending 400 kV & 220 kV lines Details
  
8Tender for work of chemical washing manually by using high voltage insulator Details
  
8Tender for annual maintenance for civil work Details
  
8Tender for supply of pressure release vent along with micro switch of converter transformer Details
  
8Tender for work of installation of additional EHCC earth pits with DDCP installation method Details
  
8Tender for work of annual maintenance contract (AMC) for work of repair of ABT PC monitor installation of ABT meter Details
  
8Tender for work of supply, erection, testing & commissioning of 132kV & 33kV equipment Details
  
8Tender for conversion of existing indoor SF6 & VCB AIS switchgear panels pertaining Details
  
8Tender for work of replacement of existing 0.2 ACSR conductor along Details
  
8Tender for repair, maintenance, and installation of plant/ systems Details
  
8Tender for supply, erection, testing & commissioning of 66kV D/C line on D/C panther tower Details
  
8Tender for annual rate contract for providing and fixing of 11 kV heat shrinkable outdoor, indoor & straight through joint type cable Details
  
8Tender for work of replacement of deteriorated H-frame and mechanical strengthening work of 66kV line Details
  
8Tender for work of erection of 220 kV and 132kV transformer bay Details
  
8Tender for Bi-annual rate contract for loading, unloading & stacking of material /equipment Details
  
8Tender for providing tractor for lifting of waste wet ash lying Details
  
8Tender for repair, maintenance, and installation of plant/ systems/equipments Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 8India curtailed 300 GWh of renewable energy in Q1 2026 due to transmission constraints, says Ember Details
 
8BPCL Wins Gold at Greentech 2026 for Renewable Energy Integration Push Toward Net Zero 2040 Details
 
8Reorienting usage: Coal gasification can reduce energy import dependence Details
 
8Coal India holds Central & Western Zone Consumers Meet at SECL Headquarters Details
 
8Orient Green Power Under Spotlight on Securing Massive Rs 62 Crore Wind Energy Expansion Project Details
 
8India to Require Nearly 7 Lakh Acres for Renewable Energy Expansion by 2030: Report Details
 
8CIP, BII launch US$300 million renewables investment platform in India Details
 
8India's clean energy expansion to boost real estate demand: Colliers India Details
 
8FIMER Announces Strategic Partnership With Redington Solar To Strengthen Pan India Distributor Network Details
 
8Solar, Wind Expansion In India Set To Trigger $10–15 Billion Land Investments By 2030 Details
 
8India's peak power demand hits record 265 GW amid heatwave conditions Details
 
8Around 11 states could cut fiscal deficit to 3% through DISCOM privatisation: SBICAPS Details
 
8TN power sector burdened by massive debt: Minister blames previous DMK regime Details
 
8Is India close to using its vast thorium reserves to become self-reliant in nuclear power generation Details
 
8India’s Power Distribution Sector Shows Recovery, But Privatization Seen As Key To Long-Term Stability—SBICAPS Report Details
 
8India's core sector grew 1.7% in April led by cement, steel and electricity Details
 
8India’s Core Sector Growth Rises To 1.7 Per Cent In April As Cement And Steel Production Offset Weakness In Coal And Energy Segments Details
 
8PTC India Share: Why the Power Stock Is Betting Big on Renewable Energy and BESS Details
 
8I Squared Capital launches Cube Grid to expand India power transmission assets Details
 
8Power stocks in demand; Hitachi, Siemens Energy, GE Vernova soar up to 9% Details
 
8Why you should invest in power stocks Anil Singhvi shares reasons, strategy and top share picks Details
 
8GE Power India signs manufacturing pacts with Quality Profiles Details
 
825,400 MW Output, 1.23 Lakh Jobs: Maharashtra Signs Nuclear Power Deals With 4 Energy Giants Details
 
8OM Power Transmission Shares Gain Over 2.5% After Q4 Profit Jumps 93% QoQ; Revenue Crosses Rs175 Crore Details
 
8HEC Infra Projects bags Rs 11.48 Crore Power Grid Order For Substation Capacity Augmentation Works Details
 
8Telangana Dy CM Bhatti Vikramarka Mallu meets Union Minister Kishan Reddy Details
 
8Hindustan Power arm signs 800 MW supply pact with MP Power Management Company Details
 
You can also click on Newsclips for more Details
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
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.

8
Rs 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
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.
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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.
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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.
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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.
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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.
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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.
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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.
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 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
8Find a snapshot of thermal, hydro, pumped storage,
solar, wind, BESS and T&D contracts related updates for the day
Click on Reports for more Details
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
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
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.

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