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

IREDA Q3 FY 2024-25 revenue rises 36% to Rs 1,699 crore
By January 12, 2026January 12, 2026

Indian Renewable Energy Development Agency Ltd. (IREDA) has reported strong year on year growth across financial and operational indicators in the third quarter of FY 2024-25. For Q3 FY 2024-25, revenue from operations rose to Rs 1,698.99 crore, up 35.57% from Rs 1,253.20 crore in the corresponding quarter of the previous year. Profit before tax (PBT) increased to Rs 538.20 crore, compared to Rs 386.14 crore, marking a growth of 39.38%. Profit after tax (PAT)…

Read More IREDA Q3 FY 2024-25 revenue rises 36% to Rs 1,699 crore
India | Finance | News

Oriana Power approves Rs 75 crore debenture issue
By January 12, 2026January 12, 2026

Oriana Power Limited (Oriana Power) has approved a Rs 75 crore fundraising plan through a private placement of debentures. The decision was taken at a meeting of the Board of Directors held on 5 January 2026. The funds are intended to support the company’s expanding project pipeline, including recently secured solar and energy storage contracts. The company plans to issue 7,500 rated, unlisted, senior, secured, redeemable, transferable, non-convertible debentures (NCDs) to selected investors, subject to…

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India | Finance | News

NHPC board clears Rs 2,000 crore bond issue for FY 2025-26
By January 9, 2026January 9, 2026

NHPC Limited has approved a proposal to raise funds through bond issuance as part of its borrowing plan for the financial year 2025-26. The decision was taken at the meeting of the Board of Directors held on January 8, 2026, and was disclosed through a regulatory filing to the stock exchanges. The Board approved the issuance of Unsecured, Redeemable, Taxable, Non-Convertible, Non-Cumulative AH Series Bonds with an aggregate value of up to Rs 2,000 crore….

Read More NHPC board clears Rs 2,000 crore bond issue for FY 2025-26
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Shakti Pumps invests Rs 3 crore in solar manufacturing expansion
By January 9, 2026January 9, 2026

Shakti Pumps (India) Limited has announced an investment of Rs 3 crore in its wholly owned subsidiary, Shakti Energy Solutions Limited. The investment will be used to establish a greenfield manufacturing facility for high-efficiency Solar Domestic Content Requirement (DCR) cells and Solar Photovoltaic (PV) modules in Pithampur, Madhya Pradesh. The proposed plant is planned with a manufacturing capacity of 2.20 GW. This move represents a major expansion of Shakti Pump’s operations, which currently include the…

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India | Finance | News

Juniper Green secures Rs 20.39 billion debt funding for new projects
By January 7, 2026January 7, 2026

Juniper Green Energy Limited has secured debt financing of Rs 20.39 billion from a consortium of domestic and international lenders to support its upcoming renewable energy projects and developments through its subsidiaries. The financing package includes support from the National Bank for Financing Infrastructure and Development (NaBFID), which has sanctioned Rs 5.66 billion for the under-construction 90 MW Juniper Green Kite wind power project in Gujarat. HSBC Holdings plc (HSBC) has provided Rs 4.08 billion…

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India | Finance | News

IEX reports higher power trade volumes in Q3 FY 2026 with softer prices
By January 6, 2026January 6, 2026

Indian Energy Exchange Limited (IEX) has released its operational performance metrics for the nine months ending December 2025 (9MFY’26), the third quarter of fiscal year 2026 (Q3FY’26), and the month of December 2025. The data indicates consistent growth in traded volumes across several key market segments, alongside a general moderation in average clearing prices year-on-year. Overall Performance Highlights For the first nine months of FY’26, IEX reported a total electricity traded volume of 101.68 billion…

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India | Finance | News

KSEBL approves Rs 648 crore capex plan
By December 31, 2025December 31, 2025

The Kerala State Electricity Board Limited (KSEBL) has approved a capital expenditure plan of Rs 647.8 crore for the 2026-27 financial year. The plan focuses on strengthening transmission and distribution networks, supporting energy storage development, and expanding smart metering and electric vehicle charging infrastructure. KSEBL has allocated Rs 117.5 crore for transmission works and Rs 166.9 crore for distribution upgrades. Within the transmission segment, Rs 598.75 crore has been assigned to the ongoing TransGrid 2.0…

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India | Finance | News

Tata Power raises Rs 2,000 crore via NCDs, launches energy research lab
By December 22, 2025December 22, 2025

Tata Power Company Limited has reported two developments to the stock exchanges on 19 December 2025. The company confirmed the allotment of Rs 2,000 crore through non-convertible debentures and announced the launch of a research and innovation lab in collaboration with global academic institutions. In a regulatory filing, Tata Power said it has allotted Unsecured, Senior, Redeemable, Rated, Listed, Taxable, Non-cumulative Non-Convertible Debentures NCDs aggregating to Rs 2,000 crore on a private placement basis. The…

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India | Finance | News

Tata Power completes third tranche for 40 per cent stake in KHPL
By December 19, 2025December 19, 2025

The Tata Power Company Limited announced on December 18, 2025, that it has completed the third tranche of its investment to acquire a 40 per cent equity stake in Khorlochhu Hydro Power Limited (KHPL). The company invested Rs 64 crore in this tranche, taking its total commitment towards the transaction to approximately Rs 830 crore. The investment completes Tata Power’s commitment under the previously executed Share Purchase Agreement. With this tranche, Tata Power subscribed to…

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India | Finance | News

Emmvee subsidiary secures KIADB land, plans SPV investment
By December 18, 2025December 18, 2025

Emmvee Photovoltaic Power Limited announced on 17 December 2025 that its wholly owned subsidiary, Emmvee Energy Private Limited, has received a possession certificate for 100 acres of land from the Karnataka Industrial Areas Development Board (KIADB). On the same day, the subsidiary also agreed to invest Rs 8.544 crore in a special purpose vehicle for a renewable energy project. The steps are aimed at strengthening backward integration and ensuring access to cost-effective power. In its…

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