Adani Energy Solutions Limited (AESL) has reported a net profit of Rs 7.73 billion for the quarter ending September 2024, marking a 172.18% increase compared to Rs 2.84 billion in the same quarter last year.Â
The company’s total income also rose by 68.88%, reaching Rs 63.6 billion, up from Rs 37.66 billion during the corresponding period of the previous year.
Global corporate funding in the energy storage sector fell 36% year-over-year to $11.2 billion across 85 deals in the first nine months of 2025, down from $17.6 billion in 2024, according to Mercom Capital Group. Venture capital (VC) investment rose slightly to $2.8 billion across 56 deals, led by $1.1 billion in funding for materials…
The Ministry of Environment, Forest and Climate Change (MoEFCC) held the 46th meeting of the Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects on January 9, 2026. Conducted virtually, the meeting reviewed multiple pumped storage and hydroelectric proposals across India. Several projects received approvals or amendments, while others were deferred or returned for…
Diamond Power Infrastructure reported strong growth in revenue and profitability for the quarter and financial year ended March 31, 2026, supported by demand from power infrastructure, renewable energy, transmission, distribution and data centre sectors. For FY26, revenue from operations rose 71% year-on-year to Rs 1,911 crore from Rs 1,115.39 crore in FY25. Earnings before interest,…
Suzlon Energy Limited (SEL) has secured a contract from NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, for a 378 MW wind power project in the Gadag region of Karnataka. The order, awarded on April 23, 2025, includes the supply, erection, and commissioning of 120 S144 wind turbine generators (WTGs), each with…
KEC International Limited, the engineering, procurement and construction (EPC) arm of RPG Group, has announced new orders worth Rs 2,518 crore across its business segments, with continued growth in its transmission and distribution (T&D) portfolio in international markets. The T&D segment secured projects including 400/132/66 kV transmission lines in Africa, along with additional transmission lines…
Greenzo Energy India Limited has received an order from Jindal Stainless Limited (JSL) to develop an electrolyser-based green hydrogen facility at JSL’s Kalinga Nagar Industrial Complex in Jajpur, Odisha. The contract covers the supply, erection, installation, and commissioning of the plant. It is designed to produce 472,409 kilograms of green hydrogen annually and is expected…