A PPP between stateâowned Druk Green Power Corp. and Indiaâs Tata Power, the project is expected to lift Bhutanâs GDP by 2.4 per cent, generate jobs, and spur entrepreneurship across manufacturing, tourism, and small businesses. The Government of Bhutan and the World Bank have signed financing agreements worth $515 million for the 1,125 MW Dorjilung...
Category: Power & New and Renewable Energy
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REC Posts Record âč162.8 Billion Profit, Declares Highest Dividend
The companyâs net worth strengthened to âč842.9 billion by March 31, 2026, compared with âč776.4 billion a year earlier, reflecting a 9 per cent rise. Despite global macroeconomic headwinds and geopolitical uncertainty, REC Ltd has reported its highestâever annual net profit of âč162.8 billion for the financial year ended March 31, 2026. The stateârun financier...
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Global Wind Installations Surge 40% as Sector Charts Path Beyond Energy Crisis
Led by China and India, Asia accounted for 80 per cent of new global wind capacity, while Europe, North America, Africa and the Middle East exceeded forecasts with significant project volumes. The global wind industry installed a recordâbreaking 165 gigawatts (GW) of new wind capacity last year, with China, the US and India leading additions...
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Polaris Smart Metering Secures $80 Million BII Financing to Accelerate Indiaâs Smart Meter Rollout
The financing will drive the rollout of over 2.2 million smart meters in West Bengal, expanding Polarisâ advanced metering infrastructure (AMI) footprint and reinforcing its role in Indiaâs energy transition. Polaris Smart Metering Pvt. Ltd, an I Squared Capital portfolio company and one of Indiaâs leading integrated smart metering and digital energy infrastructure players, has...
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POWERGRID Wins Green World Award 2026 for Climate Change Excellence
The international recognition commends the companyâs initiatives in promoting energyâefficient transmission infrastructure and integrating sustainability into project execution. Power Grid Corp. of India Ltd (POWERGRID), a Maharatna public sector company under the Union Ministry of Power, has been honoured with the Green World Award 2026 in the climate change category. The award was presented at...
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JAKSON Group Unveils Five Energy Solutions, Eyes Over âč90âŻBillion Growth for FY2026â27
This expansion marks a pivotal step in the groupâs journey to build a comprehensive, futureâready energy ecosystem, reinforcing its presence across power generation, energy storage, solar adoption, and cleaner conventional solutions. JAKSON Group, one of Indiaâs leading energy and infrastructure conglomerates, has announced a major expansion of its energy solutions portfolio with five new products...
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India and Bhutan Sign Tariff Protocol for PunatsangchhuâII, Strengthening Hydropower Partnership
The two countries also signed a technical agreement designed to enhance grid stability, boost efficiency in electricity trade, and streamline bilateral cooperation. India and Bhutan have signed the tariff protocol of the PunatsangchhuâII Hydroelectric Project, marking another step in their mutually beneficial hydropower cooperation. The agreement was signed on Thursday during Union Power Minister Manohar...
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India-Bhutan Hydropower Push: Minister Manohar Lalâs 4-Day Visit to Drive Projects, Trade
During the visit, the minister will review progress on key bilateral hydropower projects, notably the 1,200 MW Punatsangchhu-I and 1,020 MW Punatsangchhu-II, which remain central to India-Bhutan energy cooperation. Union Minister of Power, Manohar Lal, embarked on a four-day official visit to Bhutan on Thursday to further strengthen the longstanding partnership between India and Bhutan,...
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India Climbs to Third Globally in Renewable Energy Capacity, Adding Record 55 GW in FY2025-26
This marks the highest annual capacity addition ever, surpassing the previous record of 29.5 GW achieved in FY2024â25. India has risen to third place globally in renewable energy installed capacity, overtaking Brazil, according to Union Minister for New and Renewable Energy, Pralhad Venkatesh Joshi. Citing Renewable Energy Statistics 2025 published by the International Renewable Energy...
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Sourav Ganguly, Indian Cricketâs âDadaâ, Named JAKSON Groupâs First Brand Ambassador
The company said its decision was inspired by the former Indian cricket team skipperâs transformative leadership and his knack for redefining benchmarks. Noidaâbased energy and infrastructure conglomerate JAKSON Group has announced former Indian cricket team captain Sourav Ganguly as its first brand ambassador. The company said the âstrategic partnershipâ with the national sporting icon aligns...