Emmvee Photovoltaic Power Limited reported a sharp increase in its audited financial results for the quarter and year ended March 31, 2026, driven by higher production and capacity expansion. For FY26, revenue from operations rose 116% year-on-year to Rs 5,050 crore. EBITDA increased 140% to Rs 1,734.4 crore, while profit after tax (PAT) grew 193%…
Waa Solar Limited has commissioned 6,000 KW (AC) of grid-connected solar photovoltaic capacity under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) Feeder Level Solarization Scheme. The company received two commissioning certificates from Paschim Gujarat Vij Company Limited (PGVCL) for the projects. With this addition, Waa Solar’s cumulative commissioned capacity…
Bondada Engineering Limited reported higher revenue and profit for the quarter and year ended March 31, 2026, supported by growth across its Engineering, Procurement, and Construction (EPC) and operations and maintenance (O&M) segments. On a consolidated basis, Q4FY26 revenue from operations rose 27.9% year-on-year to Rs 9,138.5 million from Rs 7,143.1 million, and 28.3% sequentially…
Websol Energy System Limited reported a sharp increase in its audited financial results for the quarter and year ended March 31, 2026, supported by higher production and capacity utilisation. Revenue from operations in Q4FY26 rose 132.1% year-on-year to Rs 401 crore from Rs 173 crore. Profit after tax (PAT) increased 157.9% to Rs 125 crore…
Vikran Engineering Limited has signed a Share Purchase Agreement to acquire a 49% equity stake in NOPL Solar Projects Private Limited for Rs 4.9 crore, expanding its footprint in the renewable energy segment. NOPL Solar Projects is involved in the development, operation, and maintenance of solar power assets and is linked to a 969 MW…
Advait Energy Transitions Limited (formerly Advait Infratech Limited) has incorporated three new subsidiary companies. The subsidiaries include Advait Battery Ecosystems Private Limited, which will focus on energy storage systems, electric vehicle (EV) batteries, and Battery Energy Storage Systems (BESS), including utility-scale and distributed applications. It will also operate as an Independent Power Producer (IPP) for…
The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the Scheme of Arrangement for the demerger of the Power Evacuation Business of Inox Green Energy Services Limited into Inox Renewable Solutions Limited. The company received the certified copy of the order on April 27, 2026. The scheme, with an appointed date of October 1,…
Lucknow has surpassed Surat to become the leading Indian city in rooftop solar installations, based on data released in mid-April 2026 by the Uttar Pradesh New and Renewable Energy Development Agency. The city now records the highest level of residential solar deployment in the country. The rise is linked to the PM Surya Ghar Muft…
The Solar Energy Corporation of India Limited (SECI) has announced results for its January 2026 tender covering 5,665 kW of rooftop solar capacity across 14 government buildings. The projects are being developed under the RESCO (Renewable Energy Service Company) model as part of Tranche-VIII. GH2 Solar secured the largest share, winning 1,200 kW at Rs…
Truere Guj SPV Private Limited, a subsidiary of Oriana Power Limited, has received an investment of Rs 12,01,68,600 from its parent to support the development of a battery energy storage system (BESS). The funding is tied to a solar project being developed by the subsidiary, according to a regulatory filing. Oriana Power Limited said the…