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ACME Solar wins 450 MW peak power project from SJVN
ACME Solar Holdings Limited has secured a 450 MW (1,800 MWh) Firm and Dispatchable Renewable Energy (FDRE-IV) project from SJVN Limited at a tariff of Rs 6.75 per unit for 25 years. The project was awarded on November 10, 2025, following an e-reverse auction held on October 9, 2025, under the Tariff-Based Competitive Bidding (TBCB)…
Hartek Group secures rooftop solar contract for Hindustan Coca-Cola plant
Hartek Group’s commercial and industrial rooftop solar division has secured an 8 MW solar EPC contract in Jammu & Kashmir. The project, awarded by Kandhari Beverages Private Limited, a bottling plant of Hindustan Coca-Cola, is under execution and expected to be commissioned within the current quarter. The project includes engineering and design, procurement of solar…
INOX Air Products commissions green hydrogen plant in Rajasthan
INOX Air Products (INOXAP) has launched its first green hydrogen plant at Asahi India Glass’s (AIS) float glass facility in Soniyana, Chittorgarh, Rajasthan. The plant, powered by solar energy, will generate up to 190 tons of green hydrogen per year through electrolysis. This marks India’s first use of green hydrogen in float glass manufacturing, supporting…
Kenya suspends deal between KETRACO and Adani Group
Kenya’s high court has suspended a $736 million agreement between state-owned Kenya Electrical Transmission Company (KETRACO) and Adani Group’s Adani Energy Solutions to develop and operate power infrastructure, including transmission lines. The suspension follows a legal challenge by the Law Society of Kenya, which has criticized the agreement as “a constitutional sham” and “shrouded in…
Vikram Solar moves NCLAT against insolvency admission order
Vikram Solar Ltd has filed an appeal before the National Company Law Appellate Tribunal (NCLAT) challenging an order of the Kolkata bench of the National Company Law Tribunal (NCLT) that admitted an insolvency petition against the company. The appeal has been filed even as the Corporate Insolvency Resolution Process (CIRP) has commenced, with the Interim…
SJVN reports net profit of Rs 4,399 million in the Q2 of 2024-25
SJVN Limited has announced its financial results for the quarter ending September 2024 (Q2 FY25), reporting a consolidated net profit of Rs 4,399 million, a slight increase from Rs 4,396.4 million in the same period last year. The company’s total income rose by approximately 16.48% to Rs 11,084.3 million, up from Rs 9,516.2 million in…
