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Adani Energy Solutions reports 172% surge in net profit for Q2 FY2024
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. The company’s total income also rose by 68.88%, reaching Rs 63.6 billion, up from Rs 37.66 billion during the corresponding…
Reliance Power subsidiary wins 750 MW FDRE project from SJVN
Reliance Power Limited’s wholly-owned subsidiary, Reliance NU Energies Private Limited, has received a Letter of Award from SJVN Limited for a 750 MW / 3,000 MWh Firm and Dispatchable Renewable Energy (FDRE) project. The award, issued on November 10, 2025, marks the largest single allocation under SJVN’s 1,500 MW / 6,000 MWh FDRE tender. The…
SECI crosses 60 GW in renewable power sale agreements
Solar Energy Corporation of India Limited (SECI) has signed over 60 GW of Power Sale Agreements (PSAs) for renewable energy. The PSAs cover a mix of solar, wind, and hybrid projects. SECI acts as an intermediary, ensuring long-term power offtake and offering payment security to developers and investors. Shri Santosh Kumar Sarangi, CMD of SECI,…
CCI approves acquisition of Fourth Partner Energy by IFC, ADB, and DEG
The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Fourth Partner Energy Private Limited (Target) by the International Finance Corporation (IFC), Asian Development Bank (ADB), and DEG – Deutsche Investitions – und Entwicklungsgesellschaft mbH (DEG). The proposed investment totals USD 275 million (approx. INR 22.96 billion), with each entity acquiring…
ACME Solar receives LoA for renewable projects from SECI and RUMSL
ACME Solar Holdings Limited announced on February 10, 2026 that it has secured two renewable energy contracts with a combined capacity of 521 MW. The awards include a 301 MW firm power project from the Solar Energy Corporation of India (SECI) and a 220 MW solar-storage hybrid project from Rewa Ultra Mega Solar Limited (RUMSL)….
Vikram Solar secures 200 MW module supply order from AB Energia
Vikram Solar Limited has announced a contract to supply 200 megawatts (MW) of high-efficiency solar modules to AB Energia Solutions Private Limited. The modules, rated at 590 watts peak (Wp) and above, will be deployed across Maharashtra, Madhya Pradesh, and Gujarat. Deliveries will begin in September 2025 and continue through March 2026, according to the…
