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.
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….
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…
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….
Bharat Heavy Electricals Ltd (BHEL), Sterling and Wilson Renewable Energy Limited (SWREL) and Borosil Renewables reported updates on their order books and financial performance for the first quarter of FY27, highlighting continued activity across power equipment, renewable engineering, and solar manufacturing. BHEL sees growth in non-thermal businesses BHEL reported new order inflows of Rs 26,745…
ACME Solar Holdings Limited has secured long-term project financing of Rs 2,646.64 crore from REC Ltd for the ACME Greentech Seventh 450 MW/1800 MWh Assured Peak Power Project. According to the company, REC Ltd will act as the sole lender for the project, with the financing structured over a tenure of 20 years. The funds…
British International Investment (BII) has partially syndicated its mezzanine debt investment in Blueleaf Energy to the Emerging Africa & Asia Infrastructure Fund (EAAIF), marking a new financing partnership to support the renewable energy developer’s expansion plans in India. Under the arrangement, EAAIF will participate in 50% of the US$75 million mezzanine debt facility originally underwritten…
A 320 MW round-the-clock (RTC) hybrid renewable energy project developed by ReNew and Mitsui in India has secured refinancing through a US$730 million green loan from a consortium of 12 banks. The financing will be used to refinance the project’s existing senior debt and fund other project-related costs and capital expenditure requirements. International law firm…
Emmvee Photovoltaic Power Limited reported its strongest quarterly performance to date for the quarter ended June 30, 2026, driven by higher production volumes, increased utilisation of internally manufactured solar cells and operating leverage from its expanded manufacturing base. The company recorded growth across revenue, profitability and production during Q1 FY27, despite the first quarter historically…
The Assam government has announced a planned investment of Rs 77,353 crore in the power sector under the 2026-27 Budget, with a focus on expanding generation capacity, strengthening transmission and distribution infrastructure, and accelerating renewable energy deployment. Presenting the Budget, Finance Minister Jayanta Mallabaruah identified “Energy Security and Green Growth” as one of the state’s…
Serentica Renewables has secured debt financing of up to USD 345.1 million from a consortium of lenders led by the Asian Development Bank (ADB) to develop and refinance a solar-wind hybrid project in Koppal, Karnataka. The financing has been raised through the company’s special purpose vehicle, Serentica Renewables India 1 Private Limited (SRI 1). Financing…