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AESL reports strong Q3 and nine month growth, smart meters cross 9.25 million
Adani Energy Solutions Limited (AESL) announced its unaudited financial and operational results for the quarter and nine months ended December 31, 2025, on January 22, 2026. The company reported year-on-year growth across key financial indicators and a record cumulative installation of 9.25 million smart meters. For the quarter ended December 31, 2025, AESL posted consolidated…
Alpex Solar to expand UP cell plant to 2.2 GW
Alpex Solar Limited has approved the expansion of its proposed solar cell manufacturing facility in Kosi Kotwan, Uttar Pradesh, from 1.6 GW to 2.2 GW. The company will also adopt advanced G12R tunnel oxide passivated contact (TOPCon) technology as part of the upgrade. The total capital expenditure for the expansion and technology transition is estimated…
IMFA acquires 26% stake in EG Urja Strot for renewable power supply
Indian Metals & Ferro Alloys Ltd (IMFA) has acquired a 26% equity stake in EG Urja Strot Private Limited for about Rs 110.18 crore as part of its strategy to strengthen energy security and expand renewable energy usage across its ferrochrome operations. The company has also entered into a 29-year Power Purchase Agreement (PPA) with…
NLC India, NCRTC form JV for solar power projects
NLC India Limited has incorporated a joint venture with the National Capital Region Transport Corporation (NCRTC) to develop grid-connected solar photovoltaic (PV) projects for supplying renewable energy to NCRTC infrastructure, including the Regional Rapid Transit System (RRTS). The joint venture company, NIRL NCRTC Renewables Limited, has been formed with 74% equity participation from NLC India…
Germany introduces hydrogen capacity reservation framework from 2026
Germany’s hydrogen network operators have announced guidelines for capacity reservations set to take effect in early 2026. The framework allows market participants to secure binding reservations at entry and exit points within designated network clusters, providing planning certainty and supporting the development of hydrogen infrastructure. Reserved capacities will initially convert into bookings, allowing flexible transport…
PFCCL forms SPV for Mundra transmission system
PFC Consulting Limited (PFCCL) has incorporated Mundra I Transmission Limited, a special purpose vehicle (SPV), for developing the transmission system to supply power to Green Hydrogen and Ammonia manufacturing facilities in the Mundra area of Gujarat (3 GW) under Phase-I Part B1. This was announced on December 27, 2024. PFCCL has been designated as the…
