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NTPC Limited, on behalf of its subsidiary NTPC Green Energy Limited (NGEL), has invited bids for the development of a 10 MLD Demineralisation (DM) Plant for the NGEL Green Hydrogen Hub at Pudimadaka, Anakapalli District, Andhra Pradesh.

The tender, issued under Domestic Competitive Bidding, seeks eligible bidders for the Engineering, Procurement, and Construction (EPC) package of the DM plant. The bidding process will follow a single-stage two-envelope system, comprising techno-commercial and price bids through the Government e-procurement portal.

Under the scope of work, the selected contractor will be responsible for the basic design, detailed engineering, procurement, fabrication, supply, transportation, civil construction, erection, commissioning, testing, performance guarantee tests, training, and five years of comprehensive operation and maintenance (O&M) services on a turnkey basis. The DM plant is designed for a minimum operational life of 25 years.

The proposed facility will produce:

• 20 MLD treated water
• 10 MLD demineralised water
• 12 KLD drinking water

The DM plant will include major systems such as pre-treatment, DM water treatment, drinking water facilities with UV treatment and storage, water storage systems, sludge and waste handling systems, air conditioning and ventilation systems, piping networks, fire protection systems, laboratory testing facilities, and associated civil, electrical, and instrumentation works.

The NGEL Green Hydrogen Hub project is expected to support the development of green hydrogen infrastructure in India by creating essential water treatment facilities required for hydrogen production processes.

According to the tender schedule, the Invitation for Bids (IFB) was issued on 24 July 2026, while bids must be submitted by 2 September 2026. The techno-commercial bids will be opened on the same day.

NTPC has specified that bidders must meet technical and financial qualification criteria. Eligible bidders should have prior experience in designing, supplying, erecting, and commissioning reverse osmosis plants with specified water quality parameters. The bidder must also meet financial requirements, including an average annual turnover of at least ₹102 crore during the preceding three financial years.

The tender further specifies that only Class-I local suppliers as defined under the Public Procurement (Preference to Make in India) Order, 2017, are eligible to participate.

The development of the DM plant marks another step in advancing India’s green hydrogen ecosystem and strengthening supporting infrastructure for large-scale clean energy projects.

Shakti Pumps (India) Limited reported a consolidated net profit after tax (PAT) of ₹516 million for the quarter ended June 30, 2026 (Q1FY27), marking a 35% sequential increase from ₹383 million in Q4FY26. The pump manufacturer’s revenue from operations reached a record ₹8,587 million, up 39% year-on-year from ₹6,225 million in Q1FY26. This performance was driven by a 57.6% year-on-year surge in solar pump installations to 27,678 units, supported by strong execution in government-led irrigation programs and sustained export momentum. The company maintains a robust order book of ₹10,000 million as of July 22, 2026, providing high visibility for future quarters.

The Board of Directors approved the unaudited financial results at a meeting held on July 24, 2026, pursuant to Regulation 33 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and disclosed under Regulation 30. Management highlighted that while input cost pressures and lower realizations impacted margins, the operating model remained resilient with EBITDA margins holding broadly stable sequentially at 9.68%.

Consolidated total income for Q1FY27 stood at ₹8,587 million, compared to ₹6,225 million in the same quarter last year. Profit before tax (PBT) was ₹710 million, down significantly from ₹1,297 million in Q1FY26 due to lower realizations and higher input costs. However, net profit expanded sequentially to ₹516 million. Standalone net profit also rose to ₹429.90 million from ₹383 million in the previous quarter. 

The company reported revenue from operations of ₹8,587 million in Q1 FY27, registering a 39% year-on-year growth compared to ₹6,225 million in Q1 FY26, while remaining largely stable compared to ₹8,578 million in Q4 FY26. EBITDA stood at ₹831 million, declining by 42% YoY from ₹1,440 million in Q1 FY26, with the EBITDA margin at 9.68%, down from 23.06% in the corresponding quarter last year.

The company’s Profit Before Tax (PBT) was ₹710 million, reflecting a 45% YoY decline but a 7% sequential increase compared to ₹662 million in Q4 FY26. Net Profit After Tax (PAT) stood at ₹516 million, declining by 47% YoY from ₹968 million in Q1 FY26, while improving 35% quarter-on-quarter from ₹383 million in the previous quarter. The Basic Earnings Per Share (EPS) was reported at ₹4.20, compared to ₹8.10 in Q1 FY26 and ₹3.10 in Q4 FY26, reflecting a 48% YoY decline and 35% QoQ growth.

The Solar Pumps business (PM KUSUM & Non-KUSUM) delivered revenue growth of 51.3% year-on-year to ₹6,851 million, driven by strong execution. The Exports business generated ₹829 million in revenue, sustaining healthy momentum despite global geopolitical uncertainties through its dealer and distributor network. Emerging businesses are gaining traction: the Retail/Cash Sales business generated ₹240 million, while the Solar Rooftop business reported ₹80 million in revenue.

Management noted that new vectors such as Solar Rooftop and EV motors are progressing well. The company has invested ₹700 million cumulatively in its wholly owned subsidiary Shakti EV Mobility Private Limited for EV motors and controllers expansion. Additionally, a ₹100 million investment was made in Shakti Energy Solutions Limited for a greenfield 2.2 GW DCR cell and module manufacturing plant in Pithampur, Madhya Pradesh. The existing 0.5 GW DCR module facility is expected to be commissioned by September 2027.

Waaree Renewable Technologies Ltd. has strengthened its position in India’s solar EPC sector by securing two new Engineering, Procurement, and Construction (EPC) contracts for ground-mounted solar photovoltaic projects with a combined capacity of 800 MWac (1,082 MWp).

The company received Letters of Award (LoAs) for the projects from a leading Indian renewable energy company. The projects are scheduled for completion during the financial year 2027-28, further expanding Waaree Renewable Technologies’ growing portfolio of utility-scale solar projects.

As part of the EPC scope, Waaree Renewable Technologies will undertake key project activities including engineering, procurement, construction, and execution of the solar power plants. The new orders highlight the company’s capabilities in delivering large-scale renewable energy infrastructure and supporting India’s clean energy expansion.

Waaree Renewable Technologies, the EPC arm of the Waaree Group, has been actively expanding its solar project pipeline through multiple utility-scale developments. In recent months, the company has secured several major EPC contracts, including an 870 MWac/1,218 MWp grid-connected solar project with substation, transmission line, and O&M responsibilities.

The latest 800 MWac order reinforces Waaree Renewable Technologies’ growing footprint in India’s renewable energy market and contributes towards accelerating the country’s transition to sustainable power generation.

Bondada Engineering Limited has received approval from the Central Electricity Authority (CEA) for the energization of a 300 MW grid-connected solar power project located at Khavda, Gujarat. The approval marks an important milestone for the company as the project moves closer to commercial integration with the national power grid.

The large-scale solar project is being executed by Bondada Engineering on an Engineering, Procurement, and Construction (EPC) basis for NLC India Renewables Limited, a leading Central Public Sector Enterprise (CPSE). With the CEA’s approval, the project has received regulatory clearance to begin energization, enabling the addition of 300 MW of renewable energy capacity to India’s electricity network.

Bondada Engineering informed the stock exchange that the achievement demonstrates its capabilities in executing complex utility-scale renewable energy projects. The company stated that successfully reaching this stage reflects its strong project management, engineering expertise, and commitment to delivering high-quality clean energy infrastructure.

The Khavda region in Gujarat has emerged as one of India’s largest renewable energy hubs, attracting significant investments in solar and other clean energy projects. The successful execution of this project contributes to the expansion of renewable power capacity and supports the country’s long-term clean energy goals.

The official disclosure was submitted to BSE Limited by Sonia Bidlan, Company Secretary and Compliance Officer of Bondada Engineering, from the company’s corporate office in Hyderabad. The company confirmed that all necessary regulatory requirements for energization have been completed.

This milestone further strengthens Bondada Engineering’s position in India’s renewable energy EPC sector and highlights its growing contribution to the development of large-scale solar infrastructure projects across the country.

ACME Solar Holdings Ltd (ACME Solar), through its various subsidiaries, has, cumulatively, commissioned ~2.29 GWh Battery Energy Storage System (BESS) in the current financial year to date. With this milestone, the overall operational BESS capacity stands at ~3.62 GWh across 3 project sites in Rajasthan.

This is one of the fastest scale-ups of BESS capacity in India and represents a major step forward in strengthening grid stability, supporting peak-hour demand, and advancing the transition to reliable, round-the-clock renewable power.

Technical RCA Closure Update: Further to the media statement issued by ACME Solar Holdings Limited (ACME Solar) regarding ACME Suryodaya BESS facility in Pokhran, Rajasthan, the root cause analysis has confirmed that the event originated due to an electrical short circuit, which caused the localized fire of the AC cables between the transformer and PCS, resulting in equipment shutdown. However, the fire did not damage other on-site equipment and was quickly brought under control. The restoration activities have been successfully completed. ACME Solar sincerely acknowledges the fast reaction provided by our on-site professional employees and technological support by partners during and after the incident.

ACME Solar Holdings Limited is a leading integrated renewable energy player with a diversified portfolio of 8,070 MW spanning solar, wind, storage, FDRE and hybrid solutions and an operational contracted capacity of 2,990 MW and ~3.62 GWh of BESS capacity and under-construction contracted capacity of 5,080 MW. The under-construction PPA-signed portfolio stands at 3,880 MW. With an in-house EPC and O&M division, the company does end-to-end development and O&M of the plants, thereby delivering projects in a time & cost-effective manner while ensuring best-in-class operating performance evident in its industry-leading CUF and operating margins.

Yanara has secured a EUR 150 million investment from global sustainable asset manager Mirova to accelerate the development of utility-scale renewable energy projects across Australia. The funding marks a major milestone for the renewable energy developer and will help expand its portfolio of large-scale solar, wind, and battery energy storage projects while supporting Australia’s transition to a low-carbon energy system.

The investment will be used to advance the development of more than 2 GW of multi-technology renewable energy infrastructure across the states of Victoria, New South Wales, and Western Australia. These projects are expected to strengthen Australia’s energy security by increasing the supply of reliable renewable electricity while supporting the country’s net-zero emissions goals.

Yanara Chief Executive Officer Jerome Ortiz described the investment as a defining moment in the company’s growth. He said Mirova is one of the world’s leading sustainable investors and that the partnership is based on a shared commitment to accelerating the energy transition through high-quality infrastructure. According to Ortiz, the collaboration will help deliver renewable energy projects that provide long-term environmental, social, and economic benefits while improving the reliability of Australia’s electricity system.

Mirova also highlighted Australia’s strong potential for renewable energy development. Raphael Lance, Global Head of Private Assets at Mirova, said the country offers one of the most attractive markets for energy transition investments because of its abundant renewable resources, the ongoing retirement of coal-fired power plants, rising electricity demand from electrification, and the growing need for reliable clean energy backed by storage. He noted that the investment reflects Mirova’s long-term commitment to supporting infrastructure that can accelerate Australia’s transition to a resilient and low-carbon energy system.

Yanara is currently developing more than 5.1 GW of hybrid and dispatchable renewable energy projects across Australia, India, and the Philippines. Its portfolio includes solar power, wind energy, and battery energy storage systems (BESS). The latest funding represents the company’s first dedicated capital raise focused on its Australian operations and will support the expansion of its local development pipeline.

A major share of the investment will be directed toward the Mortlake Energy Hub in Victoria, one of Australia’s largest planned hybrid renewable energy projects. The development will combine a 450 MW solar power plant with a 600 MW/2,400 MWh battery energy storage system to be constructed in two phases. Once operational, the project is expected to generate enough clean electricity to supply around 200,000 homes while reducing carbon emissions by an estimated 880,000 tonnes each year.

The first phase of the Mortlake Energy Hub is preparing to begin construction and is expected to create more than 300 jobs, providing economic opportunities for regional communities alongside clean energy benefits.

David Delmas, CEO of Yanara Australia, said the country’s electricity market increasingly requires renewable energy that is reliable, scalable, and available whenever demand is highest. He stated that Mirova’s investment will allow the company to accelerate its gigawatt-scale pipeline and bring more hybrid renewable energy projects to market. He added that Yanara’s experienced team and diversified portfolio position the company to meet Australia’s growing demand for firm and dispatchable clean power.

Nicolas Hayon, Managing Director of Energy Transition Funds at Mirova, said Australia has entered a crucial stage in its energy transition, requiring significant investment in renewable generation and energy storage to replace coal-fired power while meeting rising electricity demand. He said Yanara’s project pipeline, technical expertise, and experience in designing, building, and operating hybrid renewable assets make the company well positioned to contribute to Australia’s clean energy future.

ENGIE has commenced construction of a 250 MW solar photovoltaic (PV) project in Barmer, Rajasthan, marking another milestone in the company’s renewable energy expansion in India. The project is being developed through Kaba Renewables Energy Pvt. Ltd. and represents ENGIE’s eighth renewable energy project in Rajasthan.

The new solar project further strengthens ENGIE’s presence in one of India’s leading renewable energy states and underscores the company’s long-term commitment to supporting the country’s clean energy transition.

With the addition of the Barmer project, ENGIE’s renewable energy portfolio in India has reached 2.3 GW, spanning 22 strategically located sites across the country. The company said the milestone reflects its continued focus on delivering large-scale renewable energy projects through strong execution capabilities and global technical expertise combined with local implementation.

ENGIE stated that the project will contribute to increasing the availability of clean electricity, support regional economic development, and align with India’s ambitious renewable energy and decarbonisation goals. The company added that it remains committed to expanding its renewable energy footprint and delivering sustainable energy solutions that accelerate the country’s transition towards a low-carbon future.

GAIL (India) Limited has invited open domestic competitive bids for the development of a large-scale solar and battery energy storage project in Uttar Pradesh. The Maharatna public sector company has issued a tender for the Engineering, Procurement, and Construction (EPC) of a 600 MW Solar PV power plant along with five years of comprehensive Operation and Maintenance (O&M). The project will be developed at the TUSCO Jhansi Solar Park in Jhansi and will include an integrated Battery Energy Storage System (BESS) with a capacity of 275 MW/550 MWh.

The selected contractor will be responsible for the complete execution of the project, including design, engineering, procurement, supply, construction, erection, testing, commissioning, operational trial runs, and long-term maintenance. The integrated battery storage system is expected to improve grid reliability and support the efficient integration of renewable energy into the power network.

According to the tender schedule, bid documents are available for download from July 21, 2026. Interested bidders can begin submitting their online proposals from July 31, 2026, at 4:00 PM. The last date for downloading tender documents and submitting bids is August 20, 2026, at 2:00 PM. Technical bids will be opened on August 21, 2026, at 2:30 PM.

GAIL has not prescribed any tender fee for participation. However, bidders must furnish an Earnest Money Deposit (EMD) of ₹26 crore as part of the bidding process.

The tender is being managed by GAIL’s Corporate Office at Jubilee Tower in Noida, Uttar Pradesh. The procurement process is being coordinated by Ajay Kumar Meena, Senior Manager (C&P-Projects), and S. Dasgupta, General Manager (C&P-Projects). Interested contractors are advised to carefully review the technical specifications, eligibility criteria, and submission requirements before submitting their bids through the designated central e-procurement portal.

Advait Greenergy (AGPL), the Green Hydrogen, Solar EPC and Battery Energy Storage (BESS) company, a subsidiary of Advait Energy Transitions, and Jiangsu Guofu Hydrogen Energy Equipment (GUOFUHEE), an AGPL’s technology partner and an electrolyser and hydrogen refuelling station technologies has jointly conducted a live Factory Acceptance Test (FAT) and technical demonstration of a 1,000 Nm³/h (~5 MW) Pressurised Alkaline Water Electrolysis Hydrogen Generation System at GUOFUHEE’s manufacturing facility in Zhangjiagang, China, on June 29-30, 2026.

The initiative was organised to provide customers and stakeholders with an opportunity to observe the electrolyser operating under actual industrial conditions before deployment.

The demonstration forms part of the collaboration between AGPL and GUOFUHEE, bringing together global hydrogen technology with Indian manufacturing, engineering and EPC capabilities to support the localisation of advanced electrolyser technology under India’s National Green Hydrogen Mission.

During the live demonstration, participants witnessed key operational parameters including cold start, hot restart, hot standby, dynamic load response, load regulation, hydrogen purity, operating pressure and specific energy consumption. The event offered transparency into the performance of industrial-scale hydrogen generation systems while enabling technical discussions between customers and the engineering teams.

The programme had participation from more than 70 organisations representing the green hydrogen ecosystem through both physical and online sessions. Attendees included renewable energy developers, EPC companies, industrial hydrogen users, consultants, utilities and public sector organisations, with participation from companies and institutions such as ReNew, AM Green/Greenko, Sembcorp Green Hydrogen India, Hygenco, Torrent Power, ONGC, BPCL, HPCL, NTPC Group, port authorities, EPC companies and industrial offtakers.

Commenting on the occasion, Rutvi Sheth, Director, Advait Greenergy, said, “This demonstration reflects our approach of giving customers and industry stakeholders the opportunity to evaluate electrolyser technology under real operating conditions. By working closely with GUOFUHEE, we are combining proven global technology with local engineering and manufacturing capabilities to support the development of India’s green hydrogen ecosystem. We believe collaborations like these will help accelerate the adoption of reliable and scalable hydrogen solutions across industries.”

Advait Greenergy has established one of India’s first 30 MW alkaline electrolyser assembly facilities at Kadi, Gujarat, with plans to expand manufacturing capacity to 300 MW and ultimately 1 GW. The company provides integrated green hydrogen solutions spanning electrolyser manufacturing, engineering, EPC, Balance of Plant (BoP), hydrogen storage, compression and associated infrastructure.

Looking ahead, the collaboration aims to support domestic manufacturing of advanced electrolyser technology, strengthen technology transfer and deliver integrated hydrogen infrastructure for sectors including refineries, fertilisers, steel, chemicals, mobility and other hard-to-abate industries. By combining global technology expertise with local manufacturing and engineering capabilities, the partnership seeks to contribute to the development of India’s green hydrogen value chain and the country’s long-term decarbonisation objectives.

BPE serves customers in more than 25 countries, employs over 500 engineers, and supports more than five million installations globally.

Globally, Bloomberg NEF’s Energy Storage Market Outlook (1H 2026) projects annual energy storage deployments to reach 158 GW / 459 GWh in 2026, with cumulative capacity climbing to 2.9 TW /10.5 TWh by 2036-underscoring the accelerating worldwide shift toward battery-based storage.

Best Power Equipments (India) (BPE), a smart power and energy solutions company, Marking its 26th anniversary, has unveiled a roadmap to take group revenue to INR 700 crore by FY28. Cabinet Minister, Ministry of IT & Electronics, Govt. of Uttar Pradesh, Sunil Kumar Sharma, graced the occasion as Chief Guest and virtually launched BPE’s new 4,000 sq. ft. facility in Greater Noida, taking its cumulative manufacturing capacity to approximately 1,50,000 sq. ft. across six facilities. The group closed FY’26 with revenue of INR 400 crore. Cabinet Minister congratulated BPE’s management for the launch of a new manufacturing unit under the ‘Make in India’ mission, strengthening India’s position as a manufacturing hub.

The company is witnessing exponential growth, underscoring stronger fundamentals as it expands across domestic and international markets. Its next phase of growth will be anchored in export-led expansion, advanced manufacturing and a strategic focus on clean energy solutions, particularly lithium-ion technologies and Battery Energy Storage Systems (BESS), as rising demand from data centres, industrial facilities, telecom operators and infrastructure projects accelerates the shift away from diesel-based backup power. With demand for smart power solutions steadily rising both globally and domestically, BPE is positioning itself to be a strategic partner to these sectors.

Speaking on the company’s growth trajectory, Amitansu Satpathy, Founder and Group Managing Director, BPE, said, “For BPE, this is not just a revenue milestone; it reflects the scale we have built as a self-funded Indian engineering company. As demand for dependable power and energy storage rises globally, our priority is to deepen our manufacturing capabilities, strengthen international partnerships and build a larger role for India-made solutions in smart power solutions for critical infrastructure applications.”

BPE’s export momentum remains strong, backed by agreements signed with global partners. The company has a direct presence in Singapore, Indonesia, the UAE, Malaysia and Kenya, and is expanding its international footprint through a new Dubai office, partnerships in the United Kingdom, manufacturing collaborations in Indonesia and planned entry into Russia, Romania and the CIS region with a sharpened focus on export-led growth across emerging markets