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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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India to Extend Digitalisation of Public Services to the Power Sector with India Energy Stack

India to Extend Digitalisation of Public Services to the Power Sector with India Energy Stack

While major global economies are advancing digitalised energy frameworks, the India Energy Stack may be the most ambitious attempt by any country to integrate public infrastructure at scale through a unified ‘stack’ architecture. Following the success of Aadhaar as a national identity card and UPI for digital payments, the government announced an India Energy Stack...

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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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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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A Ray of Hope, Amid the Gloom

A Ray of Hope, Amid the Gloom

Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.

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Energy Transition

Energy Transition

A record capacity of over 75 GW was added over the last three years leading to over-capacity in thermal power. Industry doesn't see new thermal capacity being planned for some time, however, the existing capacity close to commissioning, or under construction will come to grid.