Author: PPD Team Date: January 20, 2025
Waaree Renewables Technologies Limited reported a net profit of Rs 0.53 billion for the quarter ending December 2024, a 17.18% decrease compared to Rs 0.64 billion in the same quarter last year.
The company’s total income rose by 11.66% to Rs 3.64 billion during the quarter, up from Rs 3.25 billion in the corresponding period of 2023.
Author: PPD Team Date: May 14, 2025 Solex Energy Limited reported a total income of Rs 6.658 billion for FY 2024–25, up 81 per cent from Rs 3.680 billion in FY 2023–24. Profit after tax surged to Rs 427.9 million, a 390 per cent increase from Rs 87.3 million. Earnings per share (EPS) rose to Rs 43.82, reflecting a 301 per cent rise year-on-year. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at Rs…
Author: PPD Team Date: January 30, 2026 ACME Solar Holdings Limited said its wholly owned subsidiary, ACME Urja One Private Limited, has signed a Power Purchase Agreement (PPA) with NHPC Limited for a 250 MW firm and dispatchable renewable energy (FDRE) project. The disclosure was made to the stock exchanges on January 29, 2026. The agreement covers a 25-year supply of renewable power. Under the PPA, the tariff has been fixed at Rs 4.33 per…
Author: PPD Team Date: February 7, 2025 A BloombergNEF report forecasts a decline in the levelized cost of electricity (LCOE) for grid-scale solar and battery energy storage in 2025. LCOE, which measures lifetime costs divided by energy production, enables cost comparisons across energy technologies. The report projects that the LCOE of fixed-axis utility-scale solar projects will decline 2% year-over-year, from $36 per MWh in 2024 to $35 per MWh in 2025. By 2035, this…
Author: PPD Team Date: January 22, 2026 KP Green Engineering Limited has received multiple confirmed orders worth Rs 248.2 crore across its business segments. With this addition, the company’s total confirmed orders disclosed in January 2026 have reached approximately Rs 1,067.2 crore. The latest orders cover a range of verticals. Crash barriers for railway and other fencing form the largest share at Rs 107.9 crore. This is followed by transmission tower materials and structures valued…
Author: PPD Team Date: July 2, 2025 Juniper Green Energy and Rayzon Solar Limited have filed draft red herring prospectuses (DRHPs) with SEBI to raise a total of Rs 45 billion through initial public offerings (IPOs) of equity shares. Juniper Green Energy aims to raise over Rs 30 billion. The IPO will be a pure fresh issue, with no offer-for-sale component. Of the total proceeds, Rs 10.92 billion will go toward debt repayment and Rs…
Author: PPD Team Date: January 30, 2025 Bridge and Roof Company (India) Limited secured an engineering, procurement, and construction (EPC) contract worth Rs 3.51 billion for the development of a 100 MW solar photovoltaic (PV) project at Nawa in Didwana Kuchaman district, Rajasthan, on January 21, 2025. The project was originally bid by SJVN Green Energy Limited (SGEL), a wholly-owned subsidiary of SJVN Limited, which invited EPC bids in April 2024. The 100 MW solar…