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.
GE Vernova T&D India Limited, Larsen and Toubro Limited (L&T), and Bondada Engineering Limited reported strong quarterly financial and order book performance, supported by higher order inflows, improved execution and margin expansion across power and infrastructure segments. GE Vernova T&D India reported a 58% year on year increase in revenue to Rs 17.0 billion, while…
CG Power and Industrial Solutions Limited reported a strong financial performance in the third quarter of FY26, posting its highest standalone quarterly revenue and Profit Before Tax (PBT) to date. The results were supported by strong order inflows and sustained operational efficiency. For the quarter ended December 31, 2025, CG Power recorded standalone sales of…
Adani Power Limited has allotted secured, listed, non-convertible debentures worth Rs 7,500 crore through a private placement. The issuance is part of a fundraising plan approved earlier by the company’s Board. The debentures have been issued in multiple series with tenors ranging from two to five years and are rated AA with a stable outlook….
JSW Energy Limited reported strong operational and financial growth for the quarter ended December 31, 2025, driven by capacity additions and recent acquisitions. Power sale volumes rose 65% year on year, while EBITDA increased 98%. Profit After Tax (PAT) surged 150% from the same period last year to Rs 420 crore. Joint Managing Director and…
Adani Green Energy Limited (AGEL) has commissioned a 50 MW solar power project at Khavda in Gujarat through its wholly owned stepdown subsidiary, Adani Green Energy Twenty Six A Limited. The project began commercial operations on 25 January 2026 after receiving the required clearances. AGEL informed the stock exchanges that the commissioning was formally recorded…
Waaree Renewable Technologies Limited has approved a binding term sheet to acquire around 55% of the equity share capital of Associated Power Structures Limited for a total consideration of approximately Rs 1,225 crore. The proposed transaction involves a combination of primary and secondary share purchases and is subject to due diligence and customary closing conditions….
Global investor Actis is reportedly exploring a potential sale of its Indian renewable energy platform, Athena Renewable Energy, at a valuation of around Rs 3,000 crore, according to The Economic Times. The United Kingdom-based sustainable infrastructure investor has appointed Kotak Mahindra Capital as its financial advisor for the potential transaction. The 550 MW solar platform…
Premier Energies Limited announced the commissioning of a 400 MW Mono Passivated Emitter and Rear Contact (PERC) solar photovoltaic cell manufacturing facility at its E City plant in Telangana and reported a sharp year on year rise in consolidated net profit for the quarter ended December 31, 2025. The updates were disclosed through regulatory filings…
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…
ReNew Energy Global PLC is preparing to raise around $500 million through a U.S. dollar-denominated bond issuance routed via the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City). The proposed issue is aimed at refinancing existing debt, including a major maturity due in July 2026, and meeting other corporate funding needs….