Power

Saatvik Solar has secured a Rs. 486 crore order for the supply of solar modules, marking a significant milestone in the company’s growth trajectory and India’s clean energy expansion. The order underscores rising demand for domestically manufactured solar equipment as the country accelerates its transition toward renewable power. It also reflects growing confidence among project developers in local manufacturers with scalable capacity and consistent quality.

Tata Power has successfully mobilized ₹2,000 crore through the issuance of non-convertible debentures (NCDs), marking a strategic move to strengthen its balance sheet and fund future growth initiatives. The capital raising reflects investor confidence in the company’s operational performance, renewable energy ventures, and long-term growth prospects. Analysts note that the funds will likely support project expansion, debt refinancing, and renewable energy investments, reinforcing Tata Power’s position in India’s evolving power sector.

Jakson Group is set to establish a photovoltaic module recycling plant, marking a strategic move into sustainable infrastructure within India’s rapidly expanding solar sector. The initiative addresses a growing challenge facing renewable energy deployment: the management of end-of-life solar panels. As installed solar capacity rises, so does the need for environmentally responsible disposal and material recovery. By entering PV module recycling, Jakson aims to support a circular economy model, reduce environmental impact and align with evolving regulatory and sustainability expectations.

Hindustan Power and Assam Power Distribution Company Ltd. (APDCL) have formalized a long-term power procurement agreement aimed at strengthening the state’s energy security and supporting its rising electricity demand. The deal is expected to ensure stable power availability while enabling Assam’s transition toward more dependable and diversified energy sources. For Hindustan Power, the partnership underscores its growing footprint in the regional power market and reflects broader national efforts to create sustainable energy frameworks.

Tata Power has secured the mandate to develop the 1,125 MW Dorjilung Hydropower Project in Bhutan, marking a major milestone in India-Bhutan energy cooperation. The project is poised to strengthen regional power security, expand clean energy capacity, and deepen cross-border infrastructure partnerships. As India pushes to enhance renewable energy generation and Bhutan continues leveraging hydropower as a driver of economic growth, the Dorjilung initiative represents a strategic win for both nations.

Jaiprakash Power Ventures Ltd registered a striking 29% surge in its share price over two consecutive trading sessions, driven by renewed investor confidence and a sharp rise in trading volumes. The rally reflects heightened market optimism surrounding the broader corporate restructuring efforts linked to its parent group and improving sentiment in the power sector. With the stock breaking past key technical resistance levels, traders are increasingly positioning for potential short-term gains.

GVK Power & Infrastructure Ltd. posted a Rs 1.2 crore loss in the second quarter, reflecting ongoing operational pressures and the lingering effects of sector-wide challenges in the energy and infrastructure ecosystem. While the company has been working to optimize its cost base and manage liabilities, revenue constraints and project-level bottlenecks continued to weigh on quarterly performance. The latest results underscore the volatility faced by infrastructure operators navigating regulatory hurdles, financing costs, and shifting demand patterns.

Eastern Coalfields Limited (ECL), a subsidiary of Coal India Limited (CIL), has launched a forward-looking revenue-sharing model to revive discontinued and financially unviable coal mines. This initiative seeks to enhance production efficiency, attract private participation, and maximize resource utilization without burdening the company with fresh capital expenditure. By introducing a performance-linked structure, ECL aims to balance operational revival with financial prudence while supporting India’s broader energy security goals.

India’s electricity consumption fell 6% year-on-year in October 2025 to 132 billion units (BU), reflecting a slowdown in industrial activity and subdued power demand due to moderate weather conditions across much of the country. The decline follows months of robust consumption driven by strong manufacturing output and peak summer loads. Experts attribute the fall to lower cooling requirements, maintenance shutdowns in select industries, and improved efficiency in power usage.

ACME Solar Holdings Ltd., one of India’s leading renewable energy developers, has successfully commissioned a 100-megawatt (MW) wind power project in Gujarat. This milestone marks a significant step in the company’s transition from a solar-focused enterprise to a diversified clean energy provider. The project reinforces India’s growing commitment to sustainable energy and underscores Gujarat’s position as a key renewable hub.