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Jun 2026

8Daily Excel covering new tenders and all published updates including corrigendum, amendment, addendum, clarification and status revisions, along with technical and financial bid opening, evaluation completion and final award actions including AOC and LOA issuance.
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8Find a snapshot of thermal, hydro, pumped storage,
solar, wind, BESS and T&D contracts related updates for the day
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8A hydroelectric package has retained its key qualification requirements despite multiple bidder requests for relaxation.
8The decision reinforces a selective participation model where technical capability and financial strength are tested well before the price competition begins. Details
8A Rs 797 crore coal logistics package is attracting attention not just for its size but for the contracting approach embedded within it.
8The structure could influence bidder participation and execution accountability, offering clues to how large mining logistics contracts may evolve going forward. Details
8A Rs 465 crore mining logistics contract has been awarded under a structure that stands out for more than its scale.
8The commercial framework offers fresh insight into how future transport competitions may be designed and evaluated across large mining operations. Details
8A Rs 300 crore industrial logistics contract has moved forward with a commercial structure that goes beyond conventional transportation awards.
8The framework could influence how future execution volumes are distributed, making the award mechanism as significant as the contract value itself. Details
8A Rs 147.32 crore transmission package covering substation augmentation and associated connectivity works has entered the execution phase under a single contract.
8Beyond the award value, the bundled scope creates a complex delivery challenge that could offer clues to future transmission procurement strategies. Details
8Transmission package ties contractor fate to tariff-bid outcome
A new transmission procurement has introduced a structure where the eventual construction award depends on success in a separate tariff-based competition. The model shifts part of the commercial risk onto bidders and could narrow the field well before project execution begins.

8Risk-loaded tie-up model emerges in nuclear switchyard chase
A pre-bid partnership exercise for a high-value nuclear switchyard package places pricing and exclusivity commitments on suppliers long before any award is secured. The structure leaves the final order contingent on multiple approvals while allowing the lead bidder significant flexibility to walk away, creating an unusual risk equation for potential partners.

8Mid-tender eligibility tweak changes dynamics of multi-substation package
A large turnkey transmission package combining multiple substation projects has undergone a qualification amendment after launch, potentially reshaping the competitive landscape. The revised eligibility framework, coupled with a bundled execution model, could prove more decisive than the contract value itself in determining bidder participation.

8Eligibility filters take centre stage in mega rooftop solar package
A large-scale rooftop solar procurement has aggregated thousands of sites into a single award, creating one of the sector’s more demanding execution footprints. While the project size attracts attention, the real differentiator may be the qualification thresholds that could sharply influence the depth of competition.

8Long-term performance clauses shape competition in new BESS package
A multi-thousand-MWh battery storage EPC opportunity has entered the market with stringent long-term performance commitments extending well beyond project commissioning. The capacity-retention obligations and lifecycle requirements may prove more influential than project size in determining the pool of credible bidders.

8Repeated extensions signal challenges in AI monitoring procurement
An AI-based power plant monitoring tender has received another deadline extension alongside a subtle amendment to a key commercial clause. The combination of multiple schedule revisions and targeted bid-condition changes offers clues about the market’s response to the project’s technical and contractual demands.

8Hydrogen project hides a civil-works story beneath the green label
A new hydrogen-linked package is drawing attention for its clean-energy association, but the immediate execution challenge lies largely in site-development and infrastructure works. The contrast between the project branding and the actual scope could prove critical for bidders shaping costs and deployment strategies.

8Qualification barriers emerge as key issue in township construction tender
A large residential township package has received another schedule extension, drawing attention to the eligibility requirements rather than the project value itself. The combination of stringent qualification criteria and challenging site-execution conditions could significantly influence the size and strength of the eventual bidder pool. Details
8Inox Wind convenes 13th EGM to seek shareholder approvals following FY26 results
Inox Wind Limited submitted the notice of its 13th Extraordinary General Meeting of members to the stock exchanges, seeking approval on the resolutions set out in the EGM notice. The filing forms part of the wind-turbine manufacturer's corporate-action process following its FY26 results showing net profit of Rs. 547.46 crore, a 42.5% rise from the prior year, and the earlier-approved Rs. 1,250-crore rights-issue proposal.

8Odisha hydro stations generate 28.37 MU on 28 May as reservoirs hold steady pre-monsoon
The Odisha reservoir and generation report for 28 May 2026 records combined hydro output of about 1,182.25 MW and 28.37 MU across OHPC stations, with UIHEP Mukhiguda leading at 211.08 MW (5.066 MU) and BHEP Balimela at 187.38 MW (4.497 MU). Reservoir levels held close to full — Balimela at 1,473.9 ft against an FRL of 1,516 ft — while several units at Chipilima and Bariniput remained under maintenance.

8CEA reservoir report pegs Bhakra at 482.03 m and 5,282 MU of stored energy on 28 May
CEA's Daily Hydro Reservoir Report for 28 May 2026 tracks key reservoirs including Bhakra (Himachal Pradesh) at a present level of 482.03 m against a Full Reservoir Level of 513.59 m, holding 5,282 MU of energy content, and Pong at 405.76 m with 1,123 MU. Ranjit Sagar in Punjab stood at 514.67 m with 1,507 MU, providing a snapshot of pre-monsoon hydro storage across the country.

8India's semiconductor market set to hit $108 billion by 2030 and $200 billion by 2035: KPMG-ISM report
A KPMG report on the future of India's semiconductor industry, prepared with inputs from the India Semiconductor Mission, projects the country's semiconductor market reaching about $108 billion by 2030 and $200 billion by 2035, calling the chip sector central to the Viksit Bharat 2047 vision. It notes significant ground covered through commitments for India's first fabrication facility at Dholera and Design Linked Incentive scheme investments.

8TNERC fixes Rs. 1,000 fee for appeals to the Appellate Authority under Section 127
The Tamil Nadu Electricity Regulatory Commission, in Notification No. 1 of 2026 dated 29 May 2026, specified a fee of Rs. 1,000 for appeals preferred before the Appellate Authority under Section 127(1) of the Electricity Act, 2003, exercising powers read with Regulation 8 of the Fees and Fines Regulation, 2022. The fee is to be credited to the account of the distribution licensee as directed by the jurisdictional Superintending Engineer.
Details
COAL PRODUCTION & OFFTAKE

8India's thermal coal stock at 49.1 million tonnes — just 65% of norm — with 23 plants critical: CEA
CEA's Daily Coal Stock Report as on 30 May 2026 shows the monitored thermal fleet of 222,698 MW running at 69% PLF and holding total coal stock of 49,103.3 thousand tonnes — only 65% of the normative requirement of 75,271.4 thousand tonnes. Domestic-coal-based plants held 46,753.5 thousand tonnes (66% of norm) while imported-coal plants had just 2,349.8 thousand tonnes (46%). The report flagged 23 plants with critical stock — 11 domestic, 8 imported and 4 washery-reject based.

8Coal India reports 42.2 million tonnes of linked-plant stock as on 27 May, 18 plants critical/supercritical
Coal India Limited's Marketing & Sales Division statement on the coal-stock position of power plants linked to CIL and SCCL, dated 27 May 2026, records total stock of about 42,197.0 thousand tonnes — indigenous 41,703.4 thousand tonnes and imported 493.6 thousand tonnes. The region-wise compilation identifies 18 plants in the critical or supercritical category, underscoring continued pressure on fuel logistics ahead of peak summer demand.

8BCCL mine accident kills dozer operator at New Benidih patch after storm-triggered haul-road slide
Bharat Coking Coal Limited reported that a fatal accident occurred around noon on 29 May 2026 at the New Benidih Hired Patch of Amalgamated Block-II OCP in its Block-II Area, when the edge of a haul road slid during heavy thunderstorm and rainfall, toppling a passing dozer. One dozer operator of the contractor sustained fatal injuries; operations at the patch were stopped temporarily and the matter was reported to the authorities.

8BCCL names Rajeev Kumar Sinha as Director (Technical) from May 2026
Bharat Coking Coal Limited's board, at its meeting on 30 May 2026, approved a change in key managerial personnel, appointing Shri Rajeev Kumar Sinha (DIN 11363113) as Director (Technical) with effect from 1 May 2026, succeeding Shri Niladri Roy, the outgoing Director (Technical), P&P, who retired from the company. The appointment was filed with the stock exchanges under SEBI LODR Regulations.

8Madhya Pradesh sets May 2026 fuel & power purchase surcharge at 3.91% for consumers
M.P. Power Management Company Limited, in Letter No. 46 dated 27 May 2026, intimated the three Madhya Pradesh distribution companies that the Fuel and Power Purchase Adjustment Surcharge for May 2026 has been computed at 3.91% under the First Amendment to the MPERC tariff regulations. The calculated FPPAS is to be billed to consumers, with calculation sheets circulated to the DISCOMs and the IT division for implementation.

8Kerala SEB fixes 2-paise fuel surcharge for April 2026, recoverable in June bills
Kerala State Electricity Board Limited has certified a fuel surcharge of 2 paise per unit for both monthly and bi-monthly consumers, to be recovered in June 2026 against power purchased in April 2026, under Regulation 87(5) of the KSERC tariff regulations as amended. The supporting data details station-wise purchases and variable costs, with several stations showing negative surcharge contributions that moderate the overall rate.

8WRPC pegs Jhabua Power compensation at Rs. 1.52 crore through April 2026
The Western Regional Power Committee's Statement of Compensation for Jhabua Power Limited up to April 2026 puts the total compensation payable by beneficiaries to the IPP at Rs. 1,51,93,977, split mainly between two beneficiaries at Rs. 1,00,54,190 and Rs. 51,39,788. The statement, covering the plant at Berela in Tehsil Ghansore, reconciles gross injection, auxiliary consumption and gross heat rate parameters in line with the regional energy-accounting framework.

8Torrent Power's Mundra plant to receive over Rs. 1 crore in TRAS settlements across three April-May weeks
The Western Regional Power Committee's TRAS-III Settlement Account for Torrent Power's Mundra plant shows the generator as a net receiver across three weeks: Rs. 3,88,356 for 13-19 April (87.47 MWh emergency TRAS-Up), Rs. 27,04,326 for 20-26 April (1,424.02 MWh up, 814.94 MWh down) and Rs. 73,50,086 for 4-10 May (1,762.63 MWh up, 195.45 MWh down). The settlements compensate Torrent Power's Mundra plant for emergency ancillary support to the regional pool.
Details
PEAK DEMAND & GRID FREQUENCY

8India's peak demand hits 223,711 MW on 31 May; Grid-India meets it with just 0.15 MU shortfall
Grid Controller of India's NLDC reported all-India maximum demand met of 223,711 MW on 31 May 2026, with evening-peak demand of 211,086 MW at 20:00 hrs and a peak shortage of only 227 MW, entirely in the Eastern Region. Total energy met for the day was 4,880 MU with energy shortage of just 0.15 MU, while solar contributed 540 MU, wind 358 MU and hydro 378 MU across the five regions.

8Grid frequency stays within IEGC band 99.4% of 31 May, averaging 49.99 Hz: NLDC
The NLDC's frequency profile for 31 May 2026 shows the grid averaging 49.99 Hz with a standard deviation of 0.075 Hz and a Frequency Deviation Index of 0.057. Frequency stayed within the 49.7-50.2 Hz IEGC band for 99.4% of the day, touching a maximum of 50.269 Hz at 07:55 and a minimum of 49.726 Hz at 14:58, while spending 27.15% of the day outside the tight 49.97-50.03 Hz operating band.

8India's monitored stations generate 4,709.36 MU on 28 May, beating programme by 2.8%: CEA daily report
CEA's Daily Generation Report for 28 May 2026 shows all-India monitored capacity at 310,773.79 MW out of an installed base of 538,364.41 MW. Actual generation for the day reached 4,709.36 MU against a programme of 4,579.63 MU, led by thermal at 4,097.37 MU. Year-to-date from 1 April, actual generation stood at 266,882.23 MU, a shortfall of 4,745.31 MU (-1.75%) against programme.

8CEA coal fleet capacity utilisation at 80.79% on 28 May as coal capacity runs at 90.99% on-line
CEA's capacity-utilisation report for 28 May 2026 records 222,697.51 MW of coal capacity generating a maximum gross output of 197,701.38 MW — 90.99% of capacity on line and 80.79% of monitored capacity — with 24,982.51 MW under outage. Across all fuels, total monitored capacity of 310,773.79 MW produced a maximum gross output of 254,844.53 MW, or 89.30% of capacity on line.

8NTPC stations generate 1,046.59 MU on 28 May, topping programme despite Northern-Region shortfall: CEA
CEA's NTPC generation overview for 28 May 2026 records all-India NTPC output of 1,046.59 MU against a programme of 1,024.11 MU, a positive deviation of 22.48 MU, from 60,007.23 MW of monitored capacity. Southern (+24.85 MU) and Eastern (+25.69 MU) regions outperformed, while the Northern region fell short by 6.95 MU; year-to-date NTPC actual generation was 59,296.74 MU, 3.12% below programme.

8Western region meets 67,578 MW evening peak on 31 May with no shortage; Maharashtra tops at 639.7 MU
The Western Regional Load Despatch Centre's daily operation report for 31 May 2026 shows the region meeting an evening peak of 67,578 MW with zero shortage and day energy of 1,605.4 MU. Maharashtra led demand at 639.7 MU, followed by Gujarat at 498.2 MU and Chhattisgarh at 110.6 MU, while Gujarat's control-area generation drew heavily on 80.2 MU of solar and 76.2 MU of wind.

8Northern region peaks at 60,753 MW on 31 May with zero shortage; UP draws 490.65 MU
The Northern Regional Load Despatch Centre's daily operation report for 31 May 2026 records the region meeting a 60,753 MW evening peak at 20:00 hrs with no shortage, against an off-peak demand of 50,413 MW, and total day energy of 1,365 MU. Uttar Pradesh was the largest consumer at 490.65 MU (peak 23,253 MW), followed by Rajasthan at 262.83 MU and Punjab at 183.23 MU.

8Southern region meets 50,105 MW peak on 31 May; Tamil Nadu leads demand at 384.67 MU
The Southern Regional Load Despatch Centre's Power Supply Position report for 31 May 2026 shows the region meeting a 50,105 MW evening peak with zero shortage and total day energy of 1,208.68 MU. Tamil Nadu topped demand at 384.67 MU, followed by Andhra Pradesh (249.23 MU) and Karnataka (246.6 MU), with the region's renewables contributing 92.84 MU of solar and 133.7 MU of wind.

8Eastern region records 29,140 MW peak and lone 227 MW national shortage on 31 May
The Eastern Regional Load Despatch Centre's daily operation report for 31 May 2026 shows the region meeting a 29,140 MW evening peak against a requirement of 29,367 MW — the only peak shortage anywhere in India that day — with day energy of 630.15 MU and an energy shortage of 0.15 MU. The off-peak demand at 03:00 hrs was met in full at 25,032 MW with frequency at 50.04 Hz.

OCC MEETINGS & OUTAGE PLANNING

847,400 MW of India's capacity sat under maintenance on 28 May, leaving 263,374 MW online: CEA
CEA's All-India Capacity Availability summary for 28 May 2026 shows that of 310,773.79 MW of monitored capacity, 47,399.72 MW was under maintenance — 4,896.15 MW planned, 32,804.41 MW forced and 9,699.17 MW for other reasons — leaving 263,374.06 MW online. The Western region had the largest outage at 18,075.10 MW, followed by the Northern region at 13,178.43 MW.

8NLDC reports zero ATC and N-1 violations across 765 kV grid on 31 May
Grid-India's NLDC System Reliability Indices report for 31 May 2026 records nil Available Transfer Capability violations across all monitored corridors — WR-NR, ER-NR, NR import, NEW-SR and NER import — and no N-1 criteria breaches during the day. The 765 kV voltage profile showed substations such as Agra holding steady at 767 kV for 100% of the time, indicating a stable high-voltage network.

8NRLDC's planned shutdown report flags long-pending 220 kV Dehradun bay outage at 255 days on 31 May
The Northern Regional Load Despatch Centre's Planned Shutdown Report for 31 May 2026 lists a 220 kV transfer-bus bay at POWERGRID's Dehradun substation that has remained out since 19 September 2025 for AMP work — an availed outage of 255 days against an originally planned 10 hours. The report tracks planned versus actual outage duration across the northern grid.

REGIONAL ENERGY ACCOUNT

8IEX Day-Ahead Market clears 145,860 MWh on 31 May at an average Rs. 2,818/MWh
Trade data at the Indian Energy Exchange for delivery date 31 May 2026 shows the Day-Ahead Market clearing a final scheduled volume of 145,860.50 MWh against purchase bids of 228,530 MWh and sell bids of 686,169 MWh. The average market clearing price settled at Rs. 2,818.06/MWh, ranging from near Rs. 20.84/MWh in the solar-rich midday hours to Rs. 10,000/MWh late at night.

8IEX Real-Time Market schedules 218,326 MWh on 31 May at Rs. 2,771.74/MWh average
The Indian Energy Exchange's Real-Time Market settled a final scheduled volume of 218,325.78 MWh for delivery date 31 May 2026, against purchase bids of 239,306 MWh and sell bids of 464,552 MWh, at an average clearing price of Rs. 2,771.74/MWh. Across 25 May-1 June, RTM scheduled volumes aggregated 1,423,486 MWh with the daily average price around Rs. 3,886/MWh.

8Western region books Rs. 38.62-crore net DSM inflow for 30 March-5 April week: WRPC
The Western Regional Power Committee's ABT-based Deviation Charge Account for 30 March-5 April 2026 shows the Western Region as a net receiver of Rs. 38.62 crore on inter-regional settlement, with payable charges of Rs. 199.19 crore against receivable charges of Rs. 237.81 crore. The region was a heavy net receiver from the Southern Region (Rs. 207.97 crore), reflecting large south-bound deviation flows.

8Western region's DSM surplus peaks at Rs. 74.03 crore for 4-10 May: WRPC
The WRPC ABT-based Deviation Charge Account for 4-10 May 2026 records the Western Region's largest weekly net inflow at Rs. 74.03 crore receivable, with payable charges of Rs. 175.33 crore against receivable of Rs. 249.35 crore. The region was a net receiver of Rs. 73.64 crore from the Northern Region and Rs. 155.82 crore from the Southern Region, while remaining payable Rs. 155.43 crore to the Eastern Region.

8Western region turns net payer of Rs. 30.56 crore on DSM for 20-26 April: WRPC
In a reversal from prior weeks, the WRPC ABT-based Deviation Charge Account for 20-26 April 2026 shows the Western Region a net payer of Rs. 30.56 crore on inter-regional settlement, with payable charges of Rs. 306.78 crore exceeding receivable charges of Rs. 276.22 crore. The region was payable Rs. 259.28 crore to the Northern Region, even as it stayed a net receiver of Rs. 233.82 crore from the Southern Region.

8NLDC bills 109 ISTS customers Rs. 3,962 crore for June 2026 on 1,26,217 MW of GNA
The Western Regional Power Committee's Regional Transmission Account for the June 2026 billing month, issued 30 May 2026, covers 109 Designated ISTS Customers with aggregate monthly charges of Rs. 3,962.00 crore and total GNA-short-term-hosting capacity of 1,26,217 MW across the all-India network, built on NLDC's point-of-connection transmission charge notification of 25 May 2026.

8Uttar Pradesh faces Rs. 329.7-crore ISTS transmission bill for June 2026: NRPC
The Northern Regional Power Committee's Regional Transmission Account for June 2026, issued 29 May 2026, details point-of-connection transmission charges for Designated ISTS Customers in the Northern Region. Uttar Pradesh carried the largest bill at about Rs. 329.7 crore on a GNA of 10,757 MW, followed by Haryana at about Rs. 206.5 crore (6,643 MW) and Punjab at about Rs. 172.2 crore (5,558 MW).

8North Eastern states billed about Rs. 108.5 crore in ISTS charges for June 2026: NERPC
The North Eastern Regional Power Committee's Regional Transmission Account for June 2026, dated 29 May 2026, allocates point-of-connection transmission charges across NER constituents. Assam carried the heaviest burden at Rs. 53.31 crore on 1,767 MW of GNA, followed by NHPC's Lower Subansiri HEP at Rs. 12.14 crore and Meghalaya at Rs. 10.35 crore (290 MW), totalling roughly Rs. 108.5 crore for the month.

8Grid-India's NLDC lists 765 kV schedules at 115.9-208.8 paise/kWh in 1 June SCUC stack
The NLDC's Security Constrained Unit Commitment for delivery date 1 June 2026, published 31 May at 15:00 hrs, scheduled thermal stations by energy charge rate, with Darlipali committed at 467.16 MW (115.9 paise/kWh), Sipat STPS Stage-1 at 754.27 MW (131.6 paise/kWh) and Talcher Stage-2 NTPC at 955.42 MW (142.2 paise/kWh). North Karanpura STPS was committed at 959.12 MW at 208.8 paise/kWh.
Details
MINISTRY OF POWER

8Power Minister Manohar Lal reviews Mizoram power sector; state targets 25% AT&C losses by March 2027
Union Power Minister Shri Manohar Lal chaired a review of the Mizoram power sector in Aizawl on 29 May 2026 with the state's Power Minister Shri F. Rodingliana and senior officials, focusing on reforms under the Revamped Distribution Sector Scheme. The state committed to bringing AT&C losses down to 25% by March 2027 and completing smart-meter installation across Mizoram by June 2027, with the Minister urging faster beneficiary registration.

8WRPC de-allocates 56 MW of Mouda STPS-I power from Tamil Nadu effective 1 June 2026
The Western Regional Power Committee, in a letter dated 29 May 2026, withdrew the 56 MW share of Mouda STPS-I power allocated to Tamil Nadu with effect from 1 June 2026, reverting it to Gujarat and DNHDDPDCL per the Ministry of Power's order of 27 March 2026. The reversal restores a firm allocation of 5.55 MW and specific allocation of 40.67 MW to Gujarat and 9.78 MW to DNHDDPDCL.

8NRPC strips Tamil Nadu of 80 MW from Unchahar-I and Tanda-II from 1 June 2026
The Northern Regional Power Committee, in Revision No. 02/2026-27 dated 29 May 2026, recorded that the 36 MW from Unchahar TPP-I and 44 MW from Tanda-II STPS earlier allocated to Tamil Nadu until 31 May 2026 now remain unallocated with effect from 1 June 2026 until further orders. The revised station-wise entitlements of Northern Region beneficiaries follow the Ministry of Power's order of 27 March 2026.

MNRE & BEE

8Global EV sales top 20 million in 2025, up 20%, displacing 1.7 million barrels of oil a day: IEA
The IEA's Global EV Outlook 2026 reports that electric-car sales grew 20% globally to exceed 20 million units in 2025, accounting for around a quarter of all car sales and nearly 55% in China. The global EV fleet displaced about 1.7 million barrels of oil per day in 2025, on track to triple to around 5 mb/d by 2030. India's EV sales grew more than 30% during the year.

8EU study finds public EV charging far costlier than home charging, urges fair port-power pricing
A study for the European Parliament's TRAN committee examines whether prices for public EV charging and onshore power supply at ports are reasonable, transparent, comparable and non-discriminatory under EU rules. It finds public charging is substantially more expensive than charging at home or the workplace, raising questions about pricing fairness as Europe scales up electric-vehicle and shore-power infrastructure.

CEA & GRID STANDARDS

8NLDC sets all-India ISTS transmission loss at 3.41% for 1-7 June 2026
Grid Controller of India Limited's NLDC notified an all-India ISTS transmission system loss of 3.41% for the week 1-7 June 2026, computed under the CERC (Sharing of Inter State Transmission Charges and Losses) Regulations, 2020. The figure is derived from the previous week's SEM data — injection of 19,443.17 MU and drawal of 18,809.83 MU at regional nodes, after adjusting 867.94 MU from Regulation 13 projects.

8TERI says India needs $2.5 trillion by 2030 for climate action, floats five-pillar bankability framework
A discussion paper by The Energy and Resources Institute estimates India will require about $2.5 trillion through 2030 to meet its mitigation and adaptation goals, with roughly $200 billion needed annually to reach net-zero by 2070 — against current climate-finance flows of less than a quarter of that. India's $3.0-3.2 trillion commercial finance pool is bank-dominated, and the paper proposes recalibrating credit appraisal across five pillars.

8Government's coal gasification scheme targets Rs. 85,000-crore investment and 23 MTPA coal use
India's Coal Gasification Scheme for surface coal and lignite gasification projects aims to mobilise about Rs. 85,000 crore of investment, enable around 23 MTPA of coal utilisation and deliver roughly Rs. 28,000 crore of import substitution. Set against the country's reserves of about 401 billion tonnes of coal and 47 billion tonnes of lignite, the scheme offers incentives and a sector floor price to spur domestic gasification.

TENDERS & PROCUREMENT

8MERC advertises 45 consumer-grievance forum posts — 35 chairpersons and 10 members — across Maharashtra
The Maharashtra Electricity Regulatory Commission issued a detailed advertisement to fill 35 Chairperson and 10 Independent Member posts in Consumer Grievance Redressal Forums across the state under Section 42(5) of the Electricity Act, 2003. The appointments span distribution licensees including MSEDCL (26 Chairperson posts) and are governed by the MERC (Consumer Grievance Redressal Forum & Ombudsman) Regulations, 2020 as amended in 2024.

8PSPCL sanctions 10-day smart energy meter training for linemen at Jalandhar Knowledge Centre from 1 June
Punjab State Power Corporation Limited's Zonal Knowledge Centre at Chuggitti Bypass, Jalandhar, issued an office order sanctioning a 10-day training programme for LM/ALM staff on the Jr. Technician Smart Energy Meter course aligned with NCVET qualification QP-PSS/Q2508, running from 1 June to 12 June 2026. The skilling initiative supports PSPCL's rollout of smart metering across Punjab.
Details
SOLAR POWER

8India's wind and solar deliver 1,188.67 MU on 28 May as total RE hits 1,218.4 MU: CEA
CEA's Daily Renewable Generation Report for 28 May 2026 records all-India renewable output of 1,218.40 MU, comprising wind 513.28 MU, solar 675.39 MU and biomass/others 29.73 MU. Cumulative renewable generation for May 2026 reached 28,125.47 MU (wind 9,388.15 MU, solar 17,993.80 MU, others 743.53 MU), underscoring solar's growing share during the high-irradiance pre-monsoon period.

8IEX Green Day-Ahead Market clears 29,746 MWh on 31 May at Rs. 3,192.87/MWh
The Indian Energy Exchange's Green Day-Ahead Market scheduled 29,746.17 MWh for delivery date 31 May 2026 — split across solar 15,747.02 MWh, non-solar 11,915.22 MWh and hydro 2,083.99 MWh — at an average market clearing price of Rs. 3,192.87/MWh. Over the 25 May-1 June window, G-DAM purchase bids totalled 1,285,893 MWh, reflecting steady demand for renewable energy on the green segment.

8NLDC's REMC report shows VRE met 29.67% of India's peak demand on 27 May
Grid-India's NLDC Renewable Energy Management Centre report for 27 May 2026 records all-India maximum demand met of 258,509 MW, with variable renewable energy contributing 76,698 MW or 29.67% of demand — solar at 21.62% (55,896 MW) and wind at 8.05% (20,802 MW). The report also notes an all-time-high VRE generation of 89,110 MW on 20 May 2026 and an all-time-high solar generation of 82,537 MW on 27 March 2026.

WIND & HYBRID POWER

8IEX Green Term-Ahead Market trades daylight solar contracts at Rs. 1,406/MWh, non-solar up to Rs. 10,000/MWh on 31 May
Green Term-Ahead Market trade data at the Indian Energy Exchange for 31 May 2026 shows daily-and-contingency solar blocks clearing at Rs. 1,406.00/MWh for volumes around 45 MWh, while non-solar hourly blocks traded at Rs. 10,000.00/MWh for 69 MWh each. The spread between deeply discounted daytime solar and premium-priced non-solar energy illustrates the time-of-day value gap in the green spot market.

STORAGE & GREEN HYDROGEN

8IEEFA warns India's battery-cell demand will surge tenfold to 272 GWh by FY2030 amid import reliance
An IEEFA commentary dated 29 May 2026 warns that India's advanced chemistry cell battery demand will surge from 28 GWh in 2025 to a projected 272 GWh by FY2030, while nearly every battery cell powering the country's transport and grid electrification is still imported, largely from China. The authors caution that India's bid to cut crude-oil import dependence through transport electrification risks substituting one import reliance for another.

8WIPO-IRENA report maps around 78,000 patents driving decarbonisation of heavy-duty road transport
The WIPO-IRENA Patent Landscape Report on Decarbonizing Heavy-Duty Road Transport (2026) finds that low-emission heavy-duty-road-transport patents grew from about 7% of road-transport patents in 2000 to roughly 20% in 2024, mapping nearly 78,000 patents. Batteries accounted for 73% of all low-emission energy patents in 2024, even as road transport generated 6.2 Gt of CO2 in 2023, over three-quarters of all transport emissions.

POLICY & INCENTIVES

8GERC orders Jubilant Infrastructure to refile RPO-compliance petition under 2025 regulations for FY 2024-25
In Petition No. 2512 of 2025 dated 30 May 2026, GERC directed Jubilant Infrastructure Limited to amend its renewable purchase obligation compliance petition for FY 2024-25 — covering energy sale of 57.58 MUs and distribution losses of 0.546% — to align with the RPO Regulations, 2025. The petitioner was given two weeks to place the revised RPO-fulfilment details on record.

8Torrent Power told to refile Dahej SEZ RPO-revision plea under GERC's 2025 rules
GERC, in Petition No. 2524 of 2025 dated 30 May 2026, considered Torrent Power Limited's plea to revise the minimum quantum of renewable purchase for FY 2024-25 for the Dahej SEZ area. Holding that compliance for FY 2024-25 must be verified under the RPO Regulations, 2025, the Commission directed Torrent Power to amend the petition with full RPO-fulfilment details within two weeks before public comments are sought.

8GERC directs Torrent Power to recast Dholera SIR RPO-revision petition within two weeks
In a parallel order dated 30 May 2026 in Petition No. 2525 of 2025, GERC asked Torrent Power Limited to amend its petition seeking revision of the minimum renewable-purchase quantum for FY 2024-25 for the Dholera SIR area. The Commission ruled that since RPO compliance for FY 2024-25 falls under the RPO Regulations, 2025, the petitioner must place the relevant fulfilment details on record within two weeks.

8MSERC proposes first amendment to renewable-energy tariff rules, issues pre-publication notice
The Meghalaya State Electricity Regulatory Commission, via a pre-publication notification dated 18 May 2026, proposed the MSERC (Terms and Conditions for Determination of Tariff for Generation from Renewable Energy Sources) (First Amendment) Regulations, 2025, under Sections 86(1) and 61 of the Electricity Act, 2003. The amendment revisits renewable-tariff regulations originally notified on 19 December 2025 after the Commission's review identified provisions needing change.

8MPSEZ Utilities' RPO-compliance petition under 2025 regulations advances at GERC with public notice directive
GERC, in Petition No. 2656 of 2025 dated 30 May 2026, took up MPSEZ Utilities Limited's compliance petition under the GERC (Procurement of Energy from Renewable Sources) Regulations, 2025, which stipulate RPO targets across RE categories along with storage obligations. The Commission directed the petitioner to publish a public notice inviting stakeholder comments and have the petition uploaded for public views.

8GIFT Power's FY 2024-25 RPO-status petition sent back by GERC for realignment to 2025 regulations
GERC, in Petition No. 2575 of 2025 dated 30 May 2026, took up GIFT Power Company Limited's plea on RPO compliance status for FY 2024-25 under the RPO Regulations, 2010. Observing that any annual RPO review requires a public notice inviting stakeholder comments and that FY 2024-25 compliance must proceed under the RPO Regulations, 2025, the Commission directed the petitioner to amend the present petition within two weeks.
Details
WORK ORDERS & SUPPLY CONTRACTS

8Solar Industries India bags Rs. 1,076-crore defence export order from international clients
Solar Industries India Limited intimated the exchanges that it had received export orders worth Rs. 1,076 crore for the supply of defence products to international clients, to be delivered over a defined period. The disclosure, made under Regulation 30 of the SEBI LODR Regulations, adds to the explosives-and-defence major's growing overseas defence order pipeline.

PPA SIGNING & APPROVAL

8SECI lists 1,200 MW of solar-plus-storage capacity at Rs. 3.12-3.13/kWh under ISTS Tranche-XXI
SECI's 'Power Available for Sale' statement as on 29 May 2026 shows 1,200 MW of contracted Solar+BESS capacity under the ISTS Tranche-XXI scheme at discovered tariffs of Rs. 3.12-3.13/kWh, with developers including NLC India Renewables (600 MW), Engie Energy India (200 MW), RPIL Power Three (300 MW) and Oriana Power (100 MW). A trading margin of Rs. 0.07/kWh applies, and developers must additionally supply half the contracted capacity for six peak hours.

8UPERC adopts PM-KUSUM solar tariffs and approves 29 PPAs for 165.5 MW under Petition 2346
The Uttar Pradesh Electricity Regulatory Commission, in Petition No. 2346 of 2026 disposed of on 29 May 2026, adopted the tariffs discovered for grid-connected solar plants on segregated agriculture feeders under Component C-2 of the PM KUSUM scheme and approved 29 PPAs for 165.5 MW between project developers and UPPCL. Discovered tariffs spanned roughly Rs. 2.01-Rs. 3.20/kWh, including bids at Rs. 2.20/kWh and Rs. 2.99/kWh.

8UPERC clears 28 more PM-KUSUM solar PPAs for 56 MW under Petition 2347
In Petition No. 2347 of 2026, also decided on 29 May 2026, UPERC adopted the discovered tariffs and approved 28 PPAs totalling 56 MW between project developers and UPPCL for grid-connected solar plants on segregated agriculture feeders under PM KUSUM Component C-2. The approvals advance the same RESCO-mode RfS aggregating 2,553.5 MW aimed at supplying daytime power for agricultural use across Uttar Pradesh.

8HPERC approves PPA for Sai Eternal Foundation's 1.40 MW small hydro project with HPSEBL
The Himachal Pradesh Electricity Regulatory Commission, in its order dated 29 May 2026 in Petition No. 84 of 2026, approved the joint petition of HPSEBL and M/s Sai Eternal Foundation under Section 86(1)(b) for the power purchase agreement of a 1.40 MW small hydro electric project. The Commission set tariff applicability per its 4th Control Period, provided for free power to the Government of Himachal Pradesh per the implementation agreement.

CAPACITY COMMISSIONING

8OPWIND presses GERC to enforce 25 MW wind-solar hybrid timeline at Kalawad against GETCO
In Petition No. 2642 of 2026, decided on 30 May 2026, GERC heard M/s OPWIND Energy Pvt. Limited's plea to enforce commissioning timelines for a 25 MW Wind-Solar Hybrid Project at the 220 kV Kalawad sub-station, alleging Gujarat Energy Transmission Corporation's refusal to give effect to the Commission's order of 21 January 2026 in Petition No. 2490 of 2025. GETCO was granted two weeks to file its reply.

8GSECL files for tariff of 210 MW Babarzar solar project; GERC allows GUVNL rejoinder window
In Petition No. 2650 of 2026 dated 30 May 2026, GERC took up Gujarat State Electricity Corporation Limited's petition under Section 62 read with Section 86(1)(a) for determination of tariff for a 210 MW solar photovoltaic grid-connected project at Babarzar in Jamnagar district. With Respondent GUVNL having filed its reply, the Commission allowed GSECL two weeks to file a rejoinder.

8GERC advances GSECL's 55 MW Sanes solar-tariff petition, allows rejoinder to GUVNL reply
GERC, in Petition No. 2651 of 2026 dated 30 May 2026, heard Gujarat State Electricity Corporation Limited's plea for determination of tariff for a 55 MW solar photovoltaic grid-connected project at Sanes in Bhavnagar district. With Respondent GUVNL having filed its reply, the Commission permitted GSECL to file a rejoinder within two weeks and to move an interlocutory application if needed before the next hearing.
Details
COMMISSION ORDERS (CERC/SERC)

8CERC grants POWERGRID subsidiary a transmission licence for Rs. 3,118.6-million-a-year Angul-Srikakulam 765 kV link
CERC, in Petition No. 121/TL/2026 dated 28 May 2026, allowed SR and ER Power Transmission Limited — a wholly owned subsidiary of Power Grid Corporation of India Limited — a transmission licence to Build, Own, Operate and Transfer the Angul-Srikakulam 765 kV second double-circuit line with 240 MVAr switchable line reactors at both ends and a 330 MVAr bus reactor at Angul, scheduled for commissioning within 30 months at a lowest quoted annual transmission charge of Rs. 3,118.60 million.

8Enerica Infra wins Morena SEZ RE-evacuation licence at Rs. 1,562.34 million/year to wheel 2,500 MW in Madhya Pradesh
CERC, in Petition No. 131/TL/2026 dated 28 May 2026, granted a transmission licence to Morena-I SEZ Transmission Limited for the system evacuating power from RE projects in Morena SEZ, Madhya Pradesh Phase-I (2,500 MW). The scope includes a 765/400 kV Morena pooling station with 3x1,500 MVA and 2x500 MVA transformers to be built within 27 months. Enerica Infra 1 Private Limited was declared the successful bidder at Rs. 1,562.34 million annually.

8CERC clears Rs. 1,300-million POWERGRID licence to integrate 3 GW of RE at Bellary and Davanagere in Karnataka
In Petition No. 133/TL/2026 dated 28 May 2026, CERC allowed POWERGRID Bellary Davanagere Transmission Limited a licence to integrate additional RE potential at Davanagere (0.25 GW) and Bellary (2.75 GW). Works include 2x1,500 MVA 765/400 kV transformers at Davanagere and six 500 MVA 400/220 kV ICTs at Bellary, scheduled within 24 months. Power Grid Corporation of India Limited won the REC Power Development-run bid at Rs. 1,300.00 million annually.

8CERC trues up NEEPCO's 135 MW Agartala gas station, allows revised AFC peaking at Rs. 192.77 crore for 2023-24
CERC, in Petition No. 39/GT/2025 dated 28 May 2026, completed the truing-up of the generation tariff for North Eastern Electric Power Corporation Limited's 135 MW Agartala Gas Based Power Station for 2019-24 and determined the 2024-29 tariff. Revised annual fixed charges for 2023-24 were set at Rs. 19,277.40 lakh against an opening capital cost of about Rs. 652.93 crore. The 2024-25 AFC was allowed at Rs. 20,694.84 lakh.

8NTPC's 440 MW Tanda Stage-I tariff revised by CERC, annual fixed charges around Rs. 363 crore for 2019-24
CERC, in Petition No. 701/GT/2025 dated 28 May 2026, revised the tariff of NTPC Limited's 440 MW Tanda Super Thermal Power Station Stage-I for 1 April 2019 to 31 March 2024 after truing-up, with Uttar Pradesh Power Corporation Limited as the beneficiary. On an average capital cost of about Rs. 1,243.75 crore, allowed annual fixed charges ranged from Rs. 36,546.51 lakh in 2019-20 to Rs. 36,330.11 lakh in 2023-24.

8CERC finalises northern-region transformer-augmentation transmission tariff, allows Rs. 3,515.95 lakh AFC for 2023-24
In Petition No. 751/TT/2025 dated 28 May 2026, CERC trued up the 2019-24 transmission tariff and determined the 2024-29 tariff for combined assets covering augmentation of transformers in the Northern Region, Part-B. Allowed annual fixed charges for Combined Assets 1 to 4 and 7 rose from Rs. 3,377.48 lakh in 2019-20 to Rs. 3,515.95 lakh in 2023-24, easing to Rs. 3,079.51 lakh by 2028-29.

8GERC moves to quarterly FPPAS recovery for FY 2026-27, tightens DISCOM disclosure and CA certification
In its suo-motu order dated 29 May 2026 in Petition No. 2646 of 2026, GERC finalised the computation and recovery framework for the Fuel and Power Purchase Adjustment Surcharge for FY 2026-27 under the GERC (MYT) Regulations, 2024. The Commission allowed FPPAS to be computed and recovered on a quarterly basis, subject to year-end truing-up, directing all distribution licensees to submit detailed quarterly calculations certified by a practising Chartered Accountant.

8WBERC allows WBPDCL to recover Rs. 88,571.86 lakh in FY 2019-20 fuel-cost adjustment
The West Bengal Electricity Regulatory Commission, in its order dated 29 May 2026 in Cases FPPCA-104/21-22 and APR-93/21-22, determined the Fuel and Power Purchase Cost Adjustment for West Bengal Power Development Corporation Limited for FY 2019-20. The Commission found Rs. 88,571.86 lakh recoverable by WBPDCL, while directing a refund of Rs. 4,763.26 lakh to WBSETCL on transmission assets and ruling no carrying cost admissible.

8WBERC approves Rs. 2/kWh capped tariff for Himadri's 12 MW waste-gas plant through 2034
The West Bengal Electricity Regulatory Commission, in Case No. PPA-120 (Vol-II)/25-26 dated 29 May 2026, approved the fourth supplementary agreement for surplus power from Himadri Speciality Chemical Ltd's 12 MW waste-gas-based plant to WBSEDCL, extending the PPA up to 16 February 2034. The Commission found the mutually agreed capped rate of Rs. 2.00/kWh well within its Rs. 3.34/kWh ceiling and below WBSEDCL's average power-purchase cost of Rs. 3.66/kWh for 2025-26.

8TNERC floats draft 2026 deviation settlement mechanism rules, seeks comments by 13 June
The Tamil Nadu Electricity Regulatory Commission published the Draft TNERC (Deviation Settlement Mechanism and Related Matters) Regulations, 2026 via Notification No. TNERC/DSM&RM/22 dated 29 May 2026, proposing amendments to the 2019 DSM regulations under Sections 32 and 33 of the Electricity Act, 2003. The draft will be taken up for consideration after fifteen days from publication, with stakeholder comments invited by 13 June 2026.

8TNERC releases draft 2026 intra-state transmission tariff regulations under multi-year framework
The Tamil Nadu Electricity Regulatory Commission issued the Draft TNERC (Terms and Conditions for Determination of Tariff for Intra-State Transmission System) Regulations, 2026, dated 31 May 2026, setting out a Multi-Year Tariff framework, petition procedures and general principles. The comprehensive draft governs how intra-state transmission tariff in Tamil Nadu will be computed in the coming control period, inviting stakeholder participation before finalisation.

8MSERC unveils draft multi-year tariff regulations 2026, effective for tariffs from April 2027
The Meghalaya State Electricity Regulatory Commission issued the Draft MSERC (Multi Year Tariff) Regulations, 2026, dated 25 May 2026, to replace the 2014 MYT framework for all generating companies, transmission and distribution licensees in the state. The 179-page draft will apply to tariff determination from 1 April 2027, while truing-up of revenues for years before 2027-28 will continue under the 2014 regulations.

8WBERC extends comment deadline on draft 2025 tariff regulations to 22 June 2026
The West Bengal Electricity Regulatory Commission, in a public notice dated 29 May 2026, extended the last date for stakeholder suggestions on the Draft WBERC (Terms and Conditions of Tariff) Regulations, 2025 to 22 June 2026. The extension responds to requests from various stakeholders, with the 297-page draft governing future tariff determination in West Bengal. Several extension notices have been issued since November 2025.

8GSECL seeks NAPAF and auxiliary-consumption revision for 2x250 MW Bhavnagar lignite station; GERC allows reply time
In Petition No. 2592 of 2025 dated 30 May 2026, GERC heard Gujarat State Electricity Corporation Limited's plea under Regulation 12.1 of the GERC (MYT) Regulations, 2024 to amend Regulation 53 and revise the Normative Annual Plant Availability Factor and auxiliary consumption for the 2x250 MW Bhavnagar Lignite Thermal Power Station. Respondent GUVNL was given two weeks to file its reply before the next hearing.

REGULATORY PETITION & REVIEW

8APTEL orders DVC to refund Tata Steel's delayed-payment surcharge at SBI prime rate in Rs. 37.57-crore AMG dispute
The Appellate Tribunal for Electricity, in its judgment dated 29 May 2026 in Appeal No. 179 of 2021, partly allowed Tata Steel's challenge to a JSERC order concerning Damodar Valley Corporation's Additional Minimum Guarantee bills totalling Rs. 37.57 crore for 2001-02. Invoking Section 62(6) of the Electricity Act, the Tribunal set aside the impugned order on the interest issue and directed that the delayed payment surcharge be refunded with interest at the SBI Prime Lending Rate.

8APTEL rejects Essar Power's Rs. 1,556-crore compound-interest claim against GUVNL
The Appellate Tribunal for Electricity, in its judgment dated 29 May 2026 in Appeal No. 692 of 2023, disposed of Essar Power's appeal against a GERC order denying compound interest on monetary claims under a PPA dated 30 May 1996. The appellant had claimed Rs. 1,556 crore in compound interest, but the Tribunal held the claim misconceived and upheld the award of simple interest at the bank rate.

8APTEL allows NTPC appeal, restores Rs. 125-crore wagon-tippler capitalisation claim for fresh CERC review
The Appellate Tribunal for Electricity, in its judgment dated 29 May 2026 in Appeal No. 10 of 2018, allowed NTPC's challenge against CERC's disallowance of additional capitalisation — Rs. 112.50 crore for 2016-17 and Rs. 12.50 crore for 2017-18 — towards wagon tippler and associated works. The Tribunal set aside the disallowance and remanded the matter to CERC for fresh consideration with appropriate directions to NTPC.

8APTEL remands BSES DISCOMs' income-tax refund dispute against DERC's 2015-16 tariff orders
The Appellate Tribunal for Electricity, in a common judgment dated 29 May 2026 in Appeal Nos. 92 and 93 of 2016, disposed of BSES Rajdhani Power Limited's and BSES Yamuna's challenge to DERC tariff orders of 29 September 2015. The Tribunal remanded the issues of non-refund of income tax to the DISCOMs and the excess recovery by PPCL from the appellants to DERC to work out the precise liability afresh.

8MPUVNL moves MPERC to fix reactive-power compensation for HT-level RE generators
Madhya Pradesh Urja Vikas Nigam Ltd. filed Petition No. 12 of 2026 before MPERC under Para 1(b) of Appendix-K of the MP Grid Code, 2024, seeking determination of reactive-power compensation for RE generators injecting at HT level into the intra-state transmission or distribution grid. The petition covers projects under PM-KUSUM and Surya Mitra Krishi Feeder schemes and relies on a World Bank-supported MANIT report on reactive-power management.

8UPERC gives petitioners six weeks to file rejoinders in 215 MW solar tariff-adoption case
The Uttar Pradesh Electricity Regulatory Commission, in Petition No. 1110 of 2016 heard on 29 May 2026, continued proceedings on UPPCL and UPNEDA's plea to adopt tariffs discovered through competitive bidding for procurement of 215 MW of solar power. Having closed the filing opportunity for several non-responsive respondents, the Commission granted petitioners six weeks to file rejoinders and listed the matter for the next hearing on 6 August 2026.
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ANNUAL RESULTS

8Inox Wind's FY26 net profit leaps 42.5% to Rs. 547.46 crore on Rs. 3,896-crore revenue; board clears Rs. 1,250-crore rights issue
Inox Wind Limited reported audited FY26 revenue from operations of Rs. 3,896.4 crore, up from Rs. 3,498.74 crore a year earlier, with profit for the period rising to Rs. 547.46 crore from Rs. 384.06 crore. At its 29 May 2026 board meeting the company noted an earlier-approved proposal to raise up to Rs. 1,250 crore via a rights issue. The results also flagged an APTEL appeal Inox Green is pursuing after rejection of its plea to retain 300 MW connectivity at Bhuj-II.

8Inox Green Energy's O&M revenue climbs to Rs. 238.48 crore in FY26 as wind services portfolio expands
Inox Green Energy Services Limited reported audited FY26 revenue from operations of Rs. 238.48 crore, up from Rs. 189.38 crore the previous year, with operations-and-maintenance and common-infrastructure expenses of Rs. 122.29 crore. The board, meeting on 29 May 2026, recognised straight-line O&M revenue over contract periods, including Rs. 114.82 crore of services rendered, underscoring the wind-services arm's growing recurring-revenue base.

8IREDA posts Rs. 1,873-crore FY26 net profit on record Rs. 8,309-crore revenue from operations
Indian Renewable Energy Development Agency Limited reported FY26 total revenue from operations of Rs. 8,309.00 crore, up from Rs. 6,742.41 crore, and net profit after tax of Rs. 1,873.34 crore. The auditor's report, while clean on a true-and-fair basis, noted Rs. 394.00 crore of accounts kept under prudential watch. The Navratna NBFC's full standalone and consolidated financial statements run to over 250 pages.

8Schneider Electric Infrastructure closes FY26 with 27.4% order growth to Rs. 3,430 crore and Rs. 1,911-crore backlog
Schneider Electric Infrastructure Limited declared audited FY26 results showing orders up 27.4% year-on-year to Rs. 3,430 crore and revenue up 9.6% to Rs. 2,891 crore, with profit before tax at 10.6% of sales (Rs. 305.8 crore). The order backlog as on 31 March 2026 jumped 50.1% year-on-year to Rs. 1,911 crore, while Q4 FY26 orders rose 1.4% to Rs. 772 crore on revenue of Rs. 590 crore.

8Techno Electric's Q4 FY26 revenue jumps 23.8% to Rs. 1,010 crore but PAT slips 15% to Rs. 115 crore
Techno Electric & Engineering reported Q4 FY26 revenue of Rs. 1,010 crore, up 23.8% year-on-year, even as EBITDA rose just 4.3% to Rs. 132 crore (margin down to 13.1% from 15.5%) and PAT fell 15% to Rs. 115 crore on higher material costs. ICICI Direct retained a BUY with a target of Rs. 1,280 (19% upside), citing an unexecuted order book of about Rs. 9,600 crore and an L1 position in a further Rs. 810 crore of projects.

8RMC Switchgears posts Rs. 401.59-crore FY26 revenue, up 26.4%, with Q4 net profit of Rs. 9.30 crore
RMC Switchgears Limited reported consolidated FY26 revenue of Rs. 401.59 crore, a 26.40% year-on-year rise from Rs. 317.73 crore, per a press release filed with BSE and NSE on 31 May 2026. The fourth quarter marked a turnaround with net profit of Rs. 9.30 crore, while full-year gross profit edged up to Rs. 95.06 crore for the Jaipur-based switchgear maker.

8GIPCL approves audited FY26 results and names new internal and secretarial auditors
Gujarat Industries Power Company Limited's board, meeting on 28 May 2026, approved the audited financial results for the half-year and year ended 31 March 2026 and appointed M/s JHS & Associates LLP as Internal Auditor and M/s Mukesh H Shah & Co. as Secretarial Auditor for the financial year. The state-promoted generator filed the board outcome with the stock exchanges.

8MePDCL posts Rs. 40,747 lakh quarterly operating revenue for quarter ended March 2026
The Statement of Accounts of Meghalaya Power Distribution Corporation Limited for the quarter ended 31 March 2026 reports revenue from operations of Rs. 40,747.46 lakh for the quarter and Rs. 183,456.05 lakh for the full year, alongside other income of Rs. 33,078.21 lakh for the quarter. Chartered accountants Parik & Co submitted an independent auditor's limited review report for the same period.

8MePDCL's RDSS submission reports FY 2023-24 operating revenue of Rs. 1,834.6 crore and AT&C loss of 13.51%
Meghalaya Power Distribution Corporation Limited's RDSS Annexure-II filing for the quarter ended March 2026 reports revenue from operations of Rs. 183,456.04 lakh for FY 2023-24, including Rs. 472.30 crore from inter-state sale and trading, and an AT&C loss of 13.51% against 22.31% in the comparative period. The format also captures transmission losses of 108.91 MU and gross trade receivables of about Rs. 2,602 crore.

8North Bihar Power Distribution's Q4 FY 2025-26 limited review comes back clean from auditors
Chartered accountants Kanhaiya Kumar & Associates submitted an Independent Auditor's Limited Review Report on the unaudited standalone financial results of North Bihar Power Distribution Company Limited for the quarter ended 31 March 2026, addressed to the company's Board of Directors. Conducted under ICAI's Standard on Review Engagements (SRE 2410), the review found nothing requiring qualification in the DISCOM's interim financial statement.

EARNINGS CALL & ANALYST MEET

8Inox Wind posts audio recording of 29 May analyst and investor call alongside FY26 results
Inox Wind Limited filed the audio recording of its conference call with analysts and investors held on 29 May 2026, under reference IWL:NOI:2026, in line with SEBI LODR disclosure norms. The recording accompanies the company's FY26 results, which showed net profit rising to Rs. 547.46 crore on revenue from operations of Rs. 3,896.4 crore, and the board's in-principle approval of the Rs. 1,250-crore rights issue.

8Schneider Electric Infrastructure posts audio recording of FY26 results conference call
Schneider Electric Infrastructure Limited filed a disclosure sharing the link to the audio recording of its investor conference call held on the FY26 audited financial results, alongside an investor presentation showing orders of Rs. 3,430 crore and an order backlog of Rs. 1,911 crore as on 31 March 2026. Both filings were made under Regulation 30 of the SEBI LODR Regulations.

CREDIT RATING & ANALYST REPORT

8IREDA reaffirmed at AAA/Stable by India Ratings; holds BBB Stable from S&P
Indian Renewable Energy Development Agency Limited highlighted its credit-rating profile, with India Ratings affirming a long-term AAA/Stable rating and a comprehensive suite of domestic ratings, while S&P Global Ratings assigned a BBB long-term issuer credit rating with Stable outlook and an A-2 short-term rating. The Navratna and Schedule A CPSE, classified as an Infrastructure Finance Company by the RBI, also won Silver at the Green Urja Awards.

8ICRA reaffirms Haldia Energy's Rs. 450-crore commercial paper at A1+ on CESC-linked offtake
ICRA reaffirmed the [ICRA]A1+ rating on Haldia Energy Limited's Rs. 450-crore commercial paper programme on 29 May 2026, supported by the RP-Sanjiv Goenka group company's 600 MW coal-based plant meeting about 35-40% of CESC's annual power demand in its Kolkata distribution territory. The rating factors in a 2.57-MTPA fuel-supply agreement with Mahanadi Coalfields, a Coal India subsidiary.

8ICRA keeps Door Sanchar Hydro's Rs. 24.33-crore facilities at 'D' in non-cooperating category
ICRA continued to place Door Sanchar Hydro Power Private Limited's Rs. 24.33-crore rated facilities, including a Rs. 24.15-crore term loan, in the [ICRA]D 'Issuer Not Cooperating' category on 29 May 2026, citing the company's continued non-cooperation with the rating process. The hydro developer is part of a group with aggregate power capacity of over 12,000 MW that is also active in EPC.

8ICRA withdraws Terra Energy's Rs. 50-crore ratings, last held at 'D'
ICRA withdrew the ratings on Terra Energy Limited's Rs. 50-crore facilities on 29 May 2026, with the long-term fund-based limits last rated [ICRA]D under the 'Issuer Not Cooperating' tag. Terra Energy, incorporated in March 2000 following the demerger of TASL's cogeneration plants, operates 47.1 MW of bagasse-based capacity adjacent to TASL's sugar plants under steam-and-power barter arrangements.

8BSE fines Bharat Coking Coal Rs. 7.65 lakh for SEBI LODR non-compliance in Q4 FY26
Bharat Coking Coal Limited, a subsidiary of Coal India Limited under the Ministry of Coal, disclosed that BSE had imposed a fine of Rs. 7,64,640 (inclusive of GST) for non-compliance with various provisions of the SEBI LODR Regulations for the quarter ended 31 March 2026. The company said it was taking up the matter with the Ministry of Coal, including on the appointment of directors, to address the underlying compliance gaps.
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 8Tender for laying of underground 11 kV XLPE cables Details
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 8Tender for work contract for AOH COH of pressure part of boiler Details
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 8Design, supply, fabrication, and erection work of 10,000 M3(cubic meter) capacity Details
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For reference purposes the website carries here the following newsclips:
 8SECL CMD reviews production, mine development and monsoon preparedness at Amadand OCP Details
 
8India needs austerity, but energy security requires breaking silos in government Details
 
8India’s solar success could become blueprint for other emerging economies: Report Details
 
8NLC India and Reliance Industries to Explore Underground Lignite Gasification in Gujarat Details
 
8Khavda solar park emerges as symbol of India’s renewable energy transformation Details
 
8Suzlon shares: From Rs 1.58 to Rs 58 — A must-have energy stock for your portfolio Experts decode Details
 
8Between solar panels and refineries Details
 
8The Race to Build the World’s Largest Solar Farms Is Accelerating Details
 
8Monsoon onset seen after June 3, delay due to weak wind conditions Details
 
8Adani Green Energy Commissions World’s Largest Battery Storage System in Gujarat Details
 
8Myanmar President Visits NTPC NETRA, Explores India’s Clean Energy and Innovation Initiatives Details
 
8Godrej Properties buys land in Greater Noida for Rs 7,000 crore housing project Details
 
8Avaada Group plans to add 5GW renewable projects in FY27: Chairman Details
 
8India Set To Release Updated Industrial Production Index With 2022-23 Base Year And Expanded Factory Output Basket Details
 
8Suzlon Energy Opening Bell Updates: SEBI Penalty in Focus Details
 
8New battery policy favouring only Ambani and Adani groups: Kavitha Details
 
8MNRE’s June 2026 ALMM mandate pushes up India’s solar cell production Details
 
8Solar industry split as locally made cell mandate kicks in on Monday Details
 
8Assam achieves 96.4% electricity coverage, says CM Himanta Biswa Sarma Details
 
8NLC India Director (Power) retires; additional charge assigned Details
 
8India’s 300GW Energy Push: Capital Constraints and Grid Risks Details
 
8Major milestone for J&K power sector as Uri-I Stage-II work begins Details
 
8Manohar Lal reviews Tripura's urban development, power sector projects Details
 
8UP Power Sector Gets Workforce Boost as Discoms Start Fresh Contract Staff Hiring Details
 
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