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Khattar Calls for Unified Reforms to Safeguard Fiscal Health of Power Distribution Sector

Khattar Calls for Unified Reforms to Safeguard Fiscal Health of Power Distribution Sector

Union Minister for Power Manohar Lal Khattar chaired the fifth meeting of the high-level ministerial group in New Delhi, convened to deliberate on structural reforms aimed at restoring the viability of India’s power distribution utilities. Union Minister for Power, Manohar Lal Khattar, has called for a coordinated reform strategy involving the centre, state governments and...

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Tata Power Profit Rises 6% in Q1 FY2026 on Strong Renewable and Distribution Gains

Tata Power Profit Rises 6% in Q1 FY2026 on Strong Renewable and Distribution Gains

State-level infrastructure mandates and clean energy projects drive revenue and operational momentum across Tata Power’s business verticals. Tata Power, India’s largest vertically integrated power company, reported a consolidated profit after tax (PAT) of ₹12.62 billion for Q1 FY2026, marking a 6 per cent year-on-year increase. The company’s revenue rose to ₹174.64 billion, up 4 per...

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GAIL, OIL Extend 15-Year Gas Supply Pact for Rajasthan Fields

GAIL, OIL Extend 15-Year Gas Supply Pact for Rajasthan Fields

The supply deal for up to 900,000 SCMD of natural gas from Oil India’s Rajasthan fields to GAIL is set to boost domestic production, streamline transportation, and expand distribution, reinforcing energy security and improving access. India’s largest natural gas supplier GAIL India and Oil India Ltd have extended their existing gas sale and purchase agreement...

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REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects

REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects

REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed an MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and financing of Pumped Storage Projects (PSP) in Kerala. The MoU was signed during the Global Green Hydrogen & Renewable Energy Summit 2025. Under this agreement,...

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India’s path to prosperity: The four pillars of growth

India’s path to prosperity: The four pillars of growth

The four pillars of development stand tall as the cornerstones of progress. The four pillars of development – infrastructure, investment, innovation, and inclusion – are not isolated concepts but interlinked elements of India’s progress. Mandeep Singh, COO – Engineering and Contracting Division, Casagrand Premier Builder Ltd, explains how these pillars are contributing to the country’s growth story....

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Policy reforms lead to better health, greater lending power

Policy reforms lead to better health, greater lending power

REC Ltd, which finances and promotes power projects across India, has been gearing up for a big shift by focusing on renewable energy and other green projects. With the shift in priorities towards renewable energy, raising funds for renewables has become easier in the domestic and global market, says Vijay Kumar Singh, Director (Projects), REC Ltd....

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