Finance

Updates on investments, project funding, tariffs, mergers and acquisitions, and financial performance across the power and renewable energy industry. This category tracks capital flows, lending trends, market valuations, and economic factors influencing energy infrastructure and sector growth.

India | Finance | News

NABARD, MAHAPREIT partner to finance rural green infrastructure
By July 24, 2026July 24, 2026

The National Bank for Agriculture and Rural Development (NABARD) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have signed a Memorandum of Understanding (MoU) to support financing and development of green and climate-resilient infrastructure in rural India. The partnership will initially focus on Maharashtra, targeting villages, Panchayati Raj Institutions (PRIs), and community-level infrastructure…

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India | Finance | News

PGCIL board approves higher borrowing limits for FY27 and FY28
By July 23, 2026July 23, 2026

The Board of Directors of Power Grid Corporation of India Limited (PGCIL) has approved proposals to increase the company’s borrowing capacity for the current and next financial years, subject to shareholder approval. According to a regulatory filing, the board approved an enhancement of the borrowing limit for FY 2026-27 from Rs 30,000 crore to Rs…

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India | Finance | News

Waaree Renewable posts 53% revenue growth in Q1 FY27
By July 23, 2026July 23, 2026

Waaree Renewable Technologies Limited (WRTL) reported higher revenue and earnings for the quarter ended June 30, 2026, driven by execution across its engineering, procurement and construction (EPC) portfolio and recent capacity additions in adjacent businesses. The company recorded consolidated revenue from operations of Rs 924.25 crore during Q1 FY27, an increase of 53.23% from Rs…

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India | Finance | News

JSW Energy PAT falls 36% despite record renewable capacity addition
By July 23, 2026July 23, 2026

JSW Energy Limited reported lower earnings for the quarter ended June 30, 2026, as higher depreciation and finance costs weighed on profitability despite growth in operating capacity and stable revenue. During the quarter, the company added 1,081 MW of capacity, including one of its largest-ever quarterly organic renewable additions, taking its total installed capacity to…

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India | Finance | News

Adani Power Q1 profit rises 42%; board clears Rs 15,000 crore fundraise
By July 23, 2026July 23, 2026

Adani Power Limited (APL) reported higher earnings and operating performance for the quarter ended June 30, 2026, supported by increased electricity sales, higher operating capacity and improved tariff realisations under power purchase agreements. Separately, the company’s board approved a proposal to raise up to Rs 15,000 crore through Qualified Institutions Placement (QIP) or other permissible…

Read More Adani Power Q1 profit rises 42%; board clears Rs 15,000 crore fundraise
India | Finance | News

Inox Green board approves fundraising plan of up to Rs 600 crore
By July 23, 2026July 23, 2026

Inox Green Energy Services Limited (IGESL) has approved a proposal to raise up to Rs 600 crore through the issuance of securities, according to a regulatory filing dated July 22, 2026. The fundraising will provide the company with financial flexibility and may be undertaken through multiple routes, subject to shareholder and regulatory approvals. The proposal…

Read More Inox Green board approves fundraising plan of up to Rs 600 crore
India | Finance | News

Servotech reports 58% rise in Q1 revenue, PAT up 75%
By July 22, 2026July 22, 2026

Servotech Renewable Power System Ltd. reported strong growth in revenue and profitability during the quarter ended June 30, 2026, driven by demand across its clean energy portfolio, which includes electric vehicle (EV) charging infrastructure, solar products and battery storage systems. The company reported higher earnings across both standalone and consolidated operations, according to its earnings…

Read More Servotech reports 58% rise in Q1 revenue, PAT up 75%
India | Finance | News

Adani Energy’s Q1 profit jumps 130% on transmission, smart metering growth
By July 22, 2026July 22, 2026

Adani Energy Solutions Limited (AESL) reported strong growth across its transmission, smart metering, distribution and Energy Solutions Platform businesses during the quarter ended June 30, 2026, with consolidated total income rising 40% year-on-year to Rs 9,852 crore. The company reported a record EBITDA of Rs 3,178 crore, up 58% from the corresponding quarter last year….

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India | Finance | News

Atlanta Electricals reports 48% revenue growth in Q1 FY27
By July 22, 2026July 22, 2026

Atlanta Electricals Limited reported consolidated revenue from operations of Rs 466.33 crore for the quarter ended June 30, 2026, registering a 48.0% increase over the corresponding period last year. The growth was supported by execution of domestic orders and continued demand from the transmission, distribution and renewable energy sectors. The company reported EBITDA of Rs…

Read More Atlanta Electricals reports 48% revenue growth in Q1 FY27
India | Finance | News

TARIL posts Rs 572 crore Q1 revenue, order inflows jump 218%
By July 22, 2026July 22, 2026

Transformers and Rectifiers (India) Limited (TARIL) reported consolidated revenue from operations of Rs 572.34 crore for the quarter ended June 30, 2026, registering an increase of 8% over the corresponding period last year. The company also reported its highest-ever unexecuted order book of Rs 6,630 crore, according to its quarterly investor presentation and press release….

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