The Ministry of Home Affairs (MHA) has introduced a national security clearance framework for solar, wind and hybrid power projects proposed in sensitive areas along the International Border. The framework establishes a defined process for obtaining security clearances and No Objection Certificates (NOCs) as applications for renewable energy projects in border locations increase. The guidelines…
Purvah Green Power Private Limited, the renewable energy platform of CESC Limited under the RP-Sanjiv Goenka Group, has agreed to acquire a 1.4 GWp operational solar portfolio from ReNew Solar Power Private Limited for an enterprise value of Rs 4,859 crore, equivalent to approximately USD 509 million at Rs 95.5/USD. The portfolio comprises six special…
Amara Raja Energy & Mobility Limited reported a 16% year-on-year increase in consolidated profit after tax (PAT) to Rs 190.94 crore for the quarter ended June 30, 2026, compared with Rs 164.80 crore in Q1 FY26. Consolidated revenue from operations rose 24% to Rs 4,214.54 crore from Rs 3,401.08 crore a year earlier, while total…
Power Finance Corporation (PFC) reported a consolidated net profit of Rs 8,998 crore for Q1 FY27, broadly unchanged from Rs 8,981 crore in Q1 FY26. On a standalone basis, net profit increased 5.4% to Rs 4,745 crore from Rs 4,515 crore a year earlier. The board also approved an interim dividend of Rs 3.90 per…
Shandong HiTHIUM has held the production rollout ceremony for what it describes as the world’s first long-duration energy storage (LDES) integrated industrial park at its Heze Base in Heze Luxi New Area, China. The facility is positioned as the company’s dedicated intelligent manufacturing base for LDES and marks a strategic step in its plans to…
Patel Engineering Limited reported a 24.49% year-on-year increase in consolidated net profit attributable to owners of the parent to Rs 93.48 crore for the quarter ended June 30, 2026. The company also maintained growth in revenue and operating earnings, while its order book stood at Rs 14,636 crore at the end of the quarter. Consolidated…
JSW Energy Limited has added 1,166 MW of renewable energy capacity since April 2026, taking its total installed generation capacity to 14,920 MW. The increase follows the recent acquisition of Maruti Clean Coal and Power Limited and has pushed renewables to 60% of the company’s installed capacity. The company has added more than 94% of…
Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, has received a Letter of Award (LoA) for the engineering, procurement and construction (EPC) of a 124 MWp (88 MWac) ground-mounted solar photovoltaic (PV) project. The project is scheduled for completion during FY 2026-27. The order has been awarded by a domestic renewable energy solutions…
Om Power Transmission Limited has received a Letter of Intent from Gujarat Energy Transmission Corporation Limited (GETCO) for a Rs 24.03 crore contract, including GST, to develop a 66 kV underground cable system in Gujarat. The project covers an approximate route length of 5.17 km and includes the complete supply, laying, erection, testing and commissioning…
Bajel Projects Limited has secured two transmission line packages from Power Grid Corporation of India Limited (PGCIL) under the Western Region-Eastern Region (WR-ER) Inter-Regional Network Expansion Scheme. The contracts cover 400 kV and 765 kV transmission lines and will strengthen power evacuation and grid connectivity between Chhattisgarh and Jharkhand. The two orders, classified as “Ultra-Mega”…