News

India | Finance | News

NTPC posts marginal rise in Q2 profit despite lower revenue
By November 3, 2025November 3, 2025

NTPC Limited reported a slight increase in its consolidated net profit for the second quarter of FY25, even as its revenue declined year-on-year. The company’s net profit stood at Rs 4,653 crore in Q2 FY25, up 0.11% from Rs 4,648 crore in the same quarter last year. Revenue from operations fell 2.9% to Rs 39,166 crore compared to Rs 40,337 crore in the corresponding period of the previous year. Earnings before interest, tax, depreciation, and…

Read More NTPC posts marginal rise in Q2 profit despite lower revenue
News | Global

Saudi Arabia awards 4.5 GW renewable projects
By October 31, 2025October 31, 2025

Saudi Arabia’s Power Procurement Company (SPPC) has awarded five renewable energy projects with a combined capacity of 4.5 GW under the sixth phase of the National Renewable Energy Programme (NREP). Supervised by the Ministry of Energy, the projects include one wind and four solar plants, representing total investments of more than $2.4 billion. SPPC will manage project development, tendering, and power purchase agreements. The awarded projects are expected to support the kingdom’s plan to expand…

Read More Saudi Arabia awards 4.5 GW renewable projects
India | News | Renewable Energy

BII commits USD 75 million to Blueleaf Energy for renewable expansion in India
By October 31, 2025October 31, 2025

British International Investment (BII) is deepening its presence in India’s renewable energy sector through a series of strategic investments spanning generation, transmission, and manufacturing. In its latest move, BII has committed a USD 75 million financing facility to Blueleaf Energy to support the development of large-scale solar, wind, and battery storage projects. The initiative is expected to add nearly 2 GW of clean energy capacity and generate more than 3.2 GWh of renewable power annually….

Read More BII commits USD 75 million to Blueleaf Energy for renewable expansion in India
India | Finance | News

Goldi Solar secures Rs 14.22 billion funding to boost manufacturing capacity
By October 31, 2025October 31, 2025

Goldi Solar has raised Rs 14.22 billion in fresh funding to expand its solar manufacturing footprint. The round was led by Havells India Limited, with participation from a group of institutional and strategic investors. The consortium includes Ambit Global Private Client, Nikhil Kamath, Shahi Exports Private Limited, SRF Transnational Holdings Limited, and several private investment firms. According to the company, the capital will be directed toward solar cell production, scaling up high-efficiency module manufacturing, and…

Read More Goldi Solar secures Rs 14.22 billion funding to boost manufacturing capacity
India | News | Renewable Energy

Adani Green units sign 60 MW hybrid power deal
By October 31, 2025October 31, 2025

Adani Solar Energy Jodhpur Six Limited and Adani Renewable Energy Forty One Limited, both wholly owned stepdown subsidiaries of Adani Green Energy Limited (AGEL), have signed Power Consumption Agreements and Tripartite Agreements to supply 60 MW of solar-wind hybrid power to a commercial and industrial (C&I) customer. The power will be supplied from a 50 MW solar power plant located at Baap, Rajasthan, and a 52 MW wind power plant at Khavda, Gujarat. The agreements…

Read More Adani Green units sign 60 MW hybrid power deal
India | Finance | News

Coal India, Adani Power, BHEL, L&T, and NLCIL post Q2 FY26 results
By October 31, 2025October 31, 2025

Coal India Limited (CIL) reported a net profit of Rs 42.63 billion for the second quarter of FY26, a decline of 32.08 per cent from Rs 62.75 billion in the same period last year. Total income fell 1.10 per cent to Rs 323.27 billion from Rs 326.87 billion a year earlier. Adani Power posted a net profit of Rs 29.53 billion for Q2 FY26, down 11 per cent from Rs 33.32 billion in Q2 FY25….

Read More Coal India, Adani Power, BHEL, L&T, and NLCIL post Q2 FY26 results
India | News | T&D

L&T wins key offshore wind and grid infrastructure projects
By October 31, 2025October 31, 2025

Larsen & Toubro (L&T) has secured a major role in TenneT’s High Voltage Direct Current (HVDC) offshore wind program. TenneT, the Dutch-German transmission system operator, nominated L&T in collaboration with Hitachi Energy to deliver advanced HVDC converter stations that will support renewable energy integration across the North Sea. The project aims to accelerate the transmission of large-scale renewable power into the European grid, particularly across German and Dutch offshore wind zones. The partnership combines L&T’s…

Read More L&T wins key offshore wind and grid infrastructure projects
India | News | T&D

India and Nepal advance cross-border power transmission projects
By October 31, 2025October 31, 2025

India and Nepal have signed key agreements to develop high-capacity cross-border transmission corridors, strengthening electricity trade and regional energy cooperation. Power Grid Corporation of India Limited (POWERGRID) and the Nepal Electricity Authority (NEA) formalised pacts to establish two joint venture entities, one in each country, for implementing the planned projects. The agreements were signed in the presence of India’s Power Minister Manohar Lal and Nepal’s Minister for Energy, Water Resources and Irrigation Kulman Ghising in…

Read More India and Nepal advance cross-border power transmission projects
News | Global

TNB and SGCC sign MoU to modernise Malaysia’s power grid
By October 30, 2025October 30, 2025

Tenaga Nasional Berhad (TNB) has signed a memorandum of understanding (MoU) with the State Grid Corporation of China (SGCC), through its subsidiary China Electric Power Equipment and Technology (CET), to support Malaysia’s grid modernisation. The partnership will focus on power system planning and integration, development of smart and resilient networks, and adoption of digital and artificial intelligence (AI) solutions. A joint committee will oversee technical studies, capacity building, and pilot projects for smart distribution networks….

Read More TNB and SGCC sign MoU to modernise Malaysia’s power grid
India | Finance | News

Renewable firms report strong profit growth in latest quarter
By October 30, 2025October 30, 2025

India’s renewable energy companies reported solid financial performance for FY 2025-26, driven by higher earnings and improved margins. NTPC Green Energy reported a net profit of Rs 88 crore, up from Rs 38 crore the previous year. Revenue grew 21.5% to Rs 612.3 crore, and EBITDA rose 26% to Rs 529.6 crore. Margins improved to 86.5% from 83.4%. Adani Green Energy reported a 25% rise in net profit to Rs 644 crore compared with Rs…

Read More Renewable firms report strong profit growth in latest quarter