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.
Vikram Solar Limited announced its unaudited financial results for the quarter and nine months ended 31 December 2025 following a board meeting held on 20 January 2026. The company reported strong year on year growth in revenue, profitability, and operating performance. Revenue from operations for Q3 FY26 stood at Rs 1,106 crore, up 8% compared…
Genus Power Infrastructures Limited has signed an agreement to acquire the remaining 86.49% equity stake in Newlectric Innovation Private Limited (NIPL), making it a wholly owned subsidiary. The acquisition, valued at Rs 25.23 crore, was disclosed in a regulatory filing to the stock exchanges on 20 January 2026. The transaction is being executed through a…
India’s power distribution utilities have reported a consolidated Profit After Tax (PAT) of Rs 2,701 crore in FY 2024–25, marking a shift after several years of losses. The figures cover distribution companies and power departments and were released by the Ministry of Power on 18 January 2026. The sector’s return to profitability contrasts with a…
BluPine Energy, a renewable energy platform owned by private equity firm Actis, has secured a Rs 5,400 crore long-term loan facility underwritten by Axis Bank. The funding will be used to refinance existing debt across the company’s portfolio of operational renewable energy projects. The loan facility carries an interest rate of around 7.70% and has…
Bharat Heavy Electricals Limited (BHEL) has reported a sharp year on year improvement across key financial metrics for the quarter ended December 31, 2025. The unaudited results were approved by the board on January 19, 2026. For Q3 FY 2025–26, BHEL posted standalone revenue from operations of Rs 8,473 crore, up 16.4% from Rs 7,277…
Dalmia Bharat Limited (DBL) has divested its entire 25.44% equity stake in O2 Renewable Energy V Private Limited (OREV), ending its associate relationship with the renewable energy company. The transaction was completed on January 16, 2026. The sale was executed at around 1:15 PM on January 16, 2026, for a total consideration of Rs 10.82…
Indian Renewable Energy Development Agency Limited (IREDA) has announced that its wholly owned subsidiary, IREDA Global Green Energy Finance IFSC Limited (IGGEFIL), has sanctioned its first international green energy loan. The $22.5 million facility will support a 100 MW photovoltaic solar power project in Serenje District, Zambia. IREDA informed the stock exchanges through a regulatory…
Sterling and Wilson Renewable Energy Limited (SWREL) has reported strong revenue and operating performance for the third quarter of FY26 and raised its full year order inflow guidance to over Rs 11,000 crore, citing sustained demand in the renewable energy market. The Board of Directors approved the unaudited standalone and consolidated financial results at a…
Emmvee Photovoltaic Power Ltd. has announced its unaudited financial results for the third quarter and nine months of the financial year 2025-26 (FY26), reporting sharp year on year growth in revenue and profitability. The company also highlighted a major expansion in its solar manufacturing capacity during the period. The Board of Directors approved the standalone…
Waaree Renewable Technologies Limited (WRTL), the Engineering, Procurement, and Construction (EPC) subsidiary of the Waaree Group, has reported its highest-ever quarterly revenue in its unaudited financial results for the third quarter and nine months ended December 31, 2025. For the third quarter of fiscal year 2026 (Q3 FY26), revenue from operations stood at Rs 851.06…