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….
Power Grid Corporation of India Ltd (POWERGRID) has awarded a Rs 9.63 crore contract to Topsun Energy Limited for a pilot project combining solar power and Battery Energy Storage System (BESS) solutions. The project will meet the construction-phase power requirements at the Pang High-Voltage Direct Current (HVDC) station. The contract was finalised on 19 January…
Concord Control Systems Limited has secured a historic contract, valued at Rs 47 crore, to develop the world’s highest-horsepower green hydrogen hybrid locomotive. The project, awarded to its subsidiary Advanced Rail Controls Private Limited by NTPC Limited, will convert a diesel locomotive into a 3,100 HP hydrogen-powered engine, nearly doubling the existing global benchmark. The…
Waaree Energies Limited has reported record quarterly financial results for Q3 FY26, with standalone revenue and profit more than doubling year-on-year. For the quarter ended 31 December 2025, the company reported standalone revenue from operations of Rs 7,565.05 crores, up 118.81% compared to the same period last year. Standalone Profit After Tax (PAT) increased 118.35%…
KPI Green Energy Limited has reported its highest-ever quarterly revenue for the seventh consecutive quarter in Q3 FY26. For the nine months ended 31 December 2025, consolidated Profit After Tax (PAT) rose 60%. The Board has also declared a third interim dividend of Rs 0.20 per equity share. In a regulatory filing dated 21 January…
Noida is now home to India’s largest dedicated battery energy storage system (BESS) production plant, following the commissioning of GoodEnough Energy’s new 7 GWh capacity gigafactory. The facility represents a capital investment of more than Rs 450 crore and is immediately operational. This initial capacity is part of a broader growth plan, with the company…
KP Green Engineering Limited has received multiple confirmed orders worth Rs 248.2 crore across its business segments. With this addition, the company’s total confirmed orders disclosed in January 2026 have reached approximately Rs 1,067.2 crore. The latest orders cover a range of verticals. Crash barriers for railway and other fencing form the largest share at…
Rays Power Infra Ltd has won a 300 MW renewable energy project valued at Rs 1,912 crore from a state-owned entity. The award increases the company’s total order book to over Rs 8,000 crore, as it moves ahead with preparations for a potential public listing. The project will be developed at an upcoming renewable energy…
The New and Renewable Energy Development Corporation of Andhra Pradesh Limited (NREDCAP) has selected M/s Sadbhav Futuretech Limited to implement a 64.50 MWp grid connected rooftop solar project across the state. The project covers more than 32,000 Scheduled Caste and Scheduled Tribe households and is being implemented under the central government’s PM Surya Ghar Muft…
Solar Energy Corporation of India (SECI) and PTC India Limited have entered into a strategic partnership to jointly develop renewable energy and energy storage projects. The two entities exchanged a Memorandum of Understanding (MoU) on 19 January 2026. The MoU sets out a framework for collaboration across renewable energy integration, power market operations, battery energy…