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Emmvee reports strong FY26 growth on higher solar output
Emmvee Photovoltaic Power Limited reported a sharp increase in its audited financial results for the quarter and year ended March 31, 2026, driven by higher production and capacity expansion. For FY26, revenue from operations rose 116% year-on-year to Rs 5,050 crore. EBITDA increased 140% to Rs 1,734.4 crore, while profit after tax (PAT) grew 193%…
PM Modi inaugurates 4 MW solar project in Ekta Nagar, Gujarat
Prime Minister Narendra Modi inaugurated a 4 MW solar project in Ekta Nagar, Gujarat, valued at Rs 232.6 million. This initiative is part of ongoing efforts to enhance the Statue of Unity area as an international tourist destination while promoting sustainable energy solutions in the region.
Maharashtra clears Rs 11,700 crore in transmission projects across Mumbai, Pune and Gadchiroli
The Maharashtra Transmission Committee (MTC) has approved a series of transmission projects worth more than Rs 11,700 crore for strengthening Maharashtra’s electricity network, supporting renewable energy evacuation and addressing rising urban and industrial demand. The approvals were granted during the 17th MTC meeting held on April 20, 2026. The projects include new substations in Gadchiroli…
Kovalam Investment approves solar projects in Madhya Pradesh
The Board of Directors (BoD) of Kovalam Investment and Trading Company Limited has approved an investment for setting up decentralised solar power projects in Madhya Pradesh. The decentralised solar power projects would be set up under component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme of Madhya Pradesh Urja Vikas…
Avangrid sells Kitty Hawk North offshore wind lease area to Dominion
Avangrid has completed the sale of its 40,000-acre Kitty Hawk North offshore wind lease area to Dominion Energy for $160 million. The transaction includes a $117 million lease acquisition payment and reimbursement for associated development costs. The sale agreement was initially signed in July 2024. Avangrid, part of the Iberdrola Group, retains the rights to…
Onix Renewable signs Gujarat MoU for green ammonia and solar projects
Onix Renewable Ltd has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to undertake large-scale renewable energy projects in the state. Under the MoU, the company has proposed setting up a green ammonia production facility at Fulzar, Taluka Vinchiya, District Rajkot, with a planned investment of Rs 10,000 crore. The project is…
