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.
Morocco’s Office National de l’Electricité et de l’Eau Potable has commissioned two 400 kV transmission lines linking the El Ouali substation in the Fez region to the upcoming Midelt solar plant. The lines, spanning over 270 km, were developed with an investment exceeding MAD 550 million. These transmission lines will transport power from the solar…
Hartek Group’s Power System business unit has secured a Rs 1.17 billion project in Gujarat from Power Grid Corporation of India Limited (PGCIL). The project involves the extension of a 765kV AIS substation and 400/220kV substation work. Simarpreet Singh, Group Executive Director & CEO, highlighted the significance of the project in reinforcing Hartek’s leadership in…
Adani Solar Energy AP Eight Private Limited, a special purpose vehicle (SPV) of Adani Green Energy Limited (AGEL), commissioned the 250 MW Kadapa Grid-Connected Solar PV Power Project in Andhra Pradesh on March 8, 2025. The project originated from a 2018 auction conducted by the Solar Energy Corporation of India (SECI) under the National Solar…
India’s installed non-fossil fuel power capacity stood at 283.46 GW as of March 31, 2026, with solar contributing more than half of the renewable energy base, according to data shared by the Minister of New and Renewable Energy (MNRE). Speaking to the media, MNRE Minister Pralhad Joshi said India now ranks third globally in renewable…
Union Minister Manohar Lal Khattar and officials from Nepal and Bangladesh inaugurated the first trilateral power flow transaction on 15 November 2024. The event marked the transmission of hydroelectric power from Nepal to Bangladesh, facilitated through India’s electricity grid. The power transaction stems from the Regional Cooperation for Power Purchase, Sale, Distribution, and Transmission agreement…
Bajel Projects Limited announced its financial results for the third quarter and nine-month period ended December 31, 2025, reporting a sharp improvement in profitability. The company said the expansion in margins was driven by a strategic shift toward higher value and more complex power transmission projects. For the nine-month period of FY26, Bajel Projects Limited…