NTPC Limited has informed the stock exchanges that it signed a Shareholder Agreement (SHA) with Maharashtra State Power Generation Company Limited (MAHAGENCO) on 9 January 2026. The agreement formalises the consortium arrangement for the acquisition of Sinnar Thermal Power Limited (STPL), which is undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy…
Saatvik Green Energy Limited has informed the stock exchanges that its subsidiaries have received and accepted two new domestic orders covering engineering, procurement, and construction services and solar module supply. In the first order, the company’s wholly owned subsidiary, Saatvik Cleantech EPC Private Limited, has secured a turnkey engineering, procurement, and construction (EPC) contract valued…
Advait Energy Transitions Limited (formerly Advait Infratech Limited) has the stock exchanges that it has emerged as the lowest bidder in two separate competitive tenders. The company received confirmations for both projects on 8 January 2026. Under the first project, awarded by Paschim Gujarat Vij Company Limited (PGVCL), Advait Energy has received bid confirmation for…
Waaree Energies Limited has reported the receipt of a new domestic supply order for solar modules. The company received the order on 8 January 2026 from a domestic customer engaged in owning, developing, and operating renewable power projects in India. The order involves the one time supply of 105 MW of solar modules. Waaree Energies…
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…
Vayona Energy, a wind turbine original equipment manufacturer (OEM), has appointed Pritesh Vinay as its Chief Executive Officer (CEO) with effect from 5 January 2026. The leadership change is intended to advance the company’s strategy following its formation from the acquisition of Siemens Gamesa’s onshore wind business in India and Sri Lanka. The appointment comes…
ADM Solar Power has signed a 10 MW Power Purchase Agreement (PPA) with Avener Green Pvt. Ltd. under an Open Access Captive model. The agreement is for supplying renewable power to ADM’s solar module and cell manufacturing facility in Aligarh. Under the arrangement, electricity generated from a dedicated captive solar power plant will be used…
Axis Energy (Axis Energy) has proposed an investment of Rs 31,750 crore in Odisha to develop large scale renewable energy projects across multiple clean energy segments. The proposed investment covers around 5,000 MW of renewable energy capacity. The portfolio includes wind, solar, agri photovoltaics (Agri PV), hybrid power projects, and battery energy storage systems (BESS)….
The Solar Energy Corporation of India (SECI) has finalized the award of its 1,200 MW solar tender integrated with a 600 MW / 3,600 MWh battery energy storage system (BESS). The projects will be developed under 25 year power purchase agreements (PPAs) to supply dispatchable renewable power. Four companies have emerged as successful bidders. NLC…
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….