Adani Power reported a strong fourth quarter for FY26, with net profit rising 64.3% year-on-year to Rs 4,271 crore. However, full-year performance remained largely flat, with consolidated Profit After Tax (PAT) increasing 1.7% to Rs 12,971 crore from Rs 12,754 crore in FY25. The Q4 performance was supported by improved operational efficiency and higher capacity…
Dalmia Cement (Bharat) Limited (DCBL), a wholly-owned subsidiary of Dalmia Bharat Limited, has entered into an agreement to acquire a stake in a renewable energy project to support its manufacturing operations in Andhra Pradesh. In a regulatory filing dated April 29, 2026, DCBL said it has signed a Share Subscription and Shareholders’ Agreement (SSHA) and…
ACME Solar Holdings Limited has commissioned an additional tranche of its Battery Energy Storage System (BESS) project in Rajasthan, expanding its operational energy storage capacity. In a regulatory filing dated April 29, 2026, the company said its wholly-owned subsidiary, ACME Surya Power Private Limited, has commissioned 35.714 MW / 160.512 MWh at its BESS facility…
Ravindra Energy Limited reported a sharp rise in renewable energy generation in the fourth quarter of FY26, supported by new capacity additions, while its electric vehicle (EV) business continued to incur losses amid ongoing network expansion. The company’s solar and wind portfolio generated 78.3 million kWh in Q4 FY26, compared to 16.0 million kWh in…
Sunora Solar has entered into a long-term purchase agreement with Hyderabad-based Bharat Enterprise to supply TOPCon G12R solar modules for a 30 MW project under the PM Kusum Yojana. The project targets commissioning within this year and involves a total investment of over Rs 100 crore in the Hyderabad region. The modules will be supplied…
Google has begun construction of its AI hub in Visakhapatnam, Andhra Pradesh, marking its largest investment in India’s digital infrastructure to date. The project is being developed in partnership with AdaniConneX and Nxtra by Airtel. The groundbreaking took place on April 28, 2026 at Tarluvada in the presence of Union Minister Ashwini Vaishnaw, Andhra Pradesh…
REC Limited reported its highest-ever standalone net profit of Rs 16,282 crore for the financial year ended March 31, 2026, up from Rs 15,713 crore in FY25. On a consolidated basis, net profit stood at Rs 16,308 crore in FY26, compared to Rs 15,884 crore in the previous year. Standalone net worth increased 9% to…
Enviro Infra Engineers Limited said its wholly-owned subsidiary, EIE Renewables Private Limited, has signed a Share Purchase Agreement to acquire 100% share capital of Suyog Urja Limited, marking its entry into the wind energy segment. Under the agreement, EIE Renewables will acquire 51% equity upfront, with the remaining 49% to be acquired in phases within…
The proposed 6 GW Bikaner-V transmission scheme, intended to evacuate renewable energy from Rajasthan, faces uncertainty after developers rejected a proposal to shift connectivity to existing substations with access limited to non-solar hours. The issue was recorded in the minutes of the 40th meeting of the National Committee on Transmission (NCT) held on April 15,…
Skipper Limited reported its highest-ever annual revenue and profitability for the financial year ended March 31, 2026, supported by strong execution in the transmission and distribution (T&D) segment. On a standalone basis, revenue from operations rose 20% year-on-year to Rs 55,528 million from Rs 46,245 million in FY25. Profit after tax (PAT) increased 42% to…