Power

THDC India Limited has announced that its 1,000 MW pumped storage hydroelectric project is slated for completion by January 2026, reinforcing the company’s commitment to augmenting India’s renewable energy capacity. Designed to enhance grid stability and energy storage, the project will provide critical peaking power support and enable better integration of intermittent renewable sources such as solar and wind. Positioned strategically to address rising electricity demand, the pumped storage facility underscores THDC’s role in sustainable energy infrastructure.

Laser Power & Infrastructure has secured orders worth Rs 836 crore, underscoring robust demand in the power and infrastructure sector. The contracts span multiple projects, reflecting the company’s growing footprint in energy generation, transmission, and related civil works. This significant order inflow demonstrates investor confidence in the firm’s execution capabilities and strategic positioning amid a sector focused on capacity expansion and modernization.

Tata Power has been selected to develop the ambitious 1,125 MW Dorjilung hydropower project in Bhutan, a move that reinforces the deep-rooted energy partnership between India and Bhutan. The project is poised to expand Bhutan’s hydropower capacity while supplying India with clean, reliable electricity to support its rapidly growing energy demand. As both countries intensify their focus on sustainable power generation, Dorjilung emerges as a strategically significant asset.

Emmvee Photovoltaic Power Ltd., a rapidly expanding solar-module manufacturer, made a subdued entry into the public markets with its shares listing flat at the issue price. The lack of immediate upside comes despite strong interest in India’s clean-energy sector and the company’s aggressive capacity-expansion roadmap. Investor caution was evident as markets weighed the firm’s ambitious growth plans against execution risks, margin pressures, and the still-volatile global solar supply chain.

Jaiprakash Power Ventures Ltd recorded a sharp upward movement in its stock price, gaining nearly 29% over two consecutive trading sessions. The surge reflects heightened investor enthusiasm driven by strong trading volumes, improving sentiment in the power sector, and a broader pickup in risk appetite across mid-cap counters. Market participants pointed to technical breakouts and momentum-driven buying as key catalysts behind the rapid rise. While the sudden rally has brought the company back into the spotlight, analysts caution that volatility is likely to persist.

ReNew Power, one of India’s largest renewable energy companies, has announced an ambitious investment of Rs. 82,000 crore in Andhra Pradesh to expand its clean energy capacity and accelerate the state’s transition toward sustainable power. The investment, spanning solar, wind, and green hydrogen projects, underscores the company’s long-term commitment to India’s decarbonization goals and aligns with the government’s broader vision of achieving net-zero emissions by 2070.

The Adani Group has unveiled a major investment commitment of Rs. 63,000 crore in Assam, aiming to transform the state’s power infrastructure and strengthen its long-term energy security. The ambitious plan includes setting up advanced power generation units, modernizing transmission lines, and expanding renewable energy capabilities across the region. The initiative is expected to bolster industrial growth, improve reliability of electricity supply, and create significant employment opportunities.

Emmvee Photovoltaic Power Ltd, one of India’s leading integrated solar module and cell manufacturers, is set to open its ₹2,900 crore initial public offering (IPO) on November 11, 2025. The issue comprises a fresh equity issue of ₹2,143.86 crore and an offer for sale worth ₹756.14 crore by promoters. With a price band fixed between ₹206 and ₹217 per share, the Bengaluru-based company aims to leverage India’s accelerating solar manufacturing ecosystem.

Emmvee Photovoltaic Power Ltd’s much-anticipated initial public offering (IPO) opened to the public, raising ₹1,305 crore through a combination of fresh issuance and offer-for-sale (OFS). The Bengaluru-based solar module manufacturer received an enthusiastic response from institutional and retail investors alike, reflecting growing market confidence in India’s renewable energy sector.

India’s solar manufacturing sector, once buoyed by rapid capacity additions and strong policy support, is now entering a phase of consolidation. According to a recent report by credit rating agency ICRA, a sharp rise in domestic manufacturing capacity for solar photovoltaic (PV) modules and cells is expected to outpace near-term demand, leading to heightened competition and pressure on profit margins.