Adani Green Energy Limited (AGEL) reported a net profit of Rs 5.15 billion for the quarter ending September 2024, marking a 39% increase from Rs 3.71 billion in the same quarter last year.
The company’s total income rose by 30.39% to Rs 33.76 billion during this period, up from Rs 25.89 billion recorded in the corresponding quarter of the previous year.
Adani Green Energy Limited (AGEL) has commenced commercial operations for 396.7 MW of wind and solar power projects under the 30,000 MW Khavda Wind-Solar Hybrid Renewable Energy Power Park in Gujarat’s Rann of Kutch. The projects became operational on March 28, 2025. Three special purpose vehicles (SPVs) of AGEL have commissioned the following capacities: Adani…
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…
Indian solar stocks declined sharply on February 25, 2026 after the US Commerce Department imposed a preliminary countervailing duty (CVD) of 125.87% on solar cell and module imports from India. Following the announcement, manufacturers including Emmvee Photovoltaic Power Limited, Waaree Energies Limited, and Premier Energies Limited issued statements indicating limited immediate impact on their business…
The Government of West Bengal laid the foundation stone for a new 1,600 MW thermal power project at Salboni in Paschim Medinipur district on April 21, 2025. JSW Energy Limited also commenced construction on the same day. The greenfield project will use supercritical or ultra-supercritical technology and have two units of 800 MW each. It…
The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines for inverter communication systems under the PM Surya Ghar: Muft Bijli Yojana. All inverter communication devices must now transmit data only to government-owned servers located in India. Use of Machine-to-Machine (M2M) SIMs is mandatory for secure transmission. The data will be monitored through…
Larsen & Toubro (L&T) has secured a ‘significant’ contract, estimated between Rs 10 billion and Rs 25 billion, to implement advanced welding technologies for the ITER Organisation’s nuclear fusion project, the world’s largest, located in Cadarache, Southern France. L&T will focus on critical technologies for assembling ports and complex components within the ITER Tokamak’s vacuum…