CleanMax Enviro Energy Solutions Limited reported consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) of Rs 945 crore for the first nine months of FY26, a 33% increase from Rs 709 crore in the same period last year. The company also crossed 3 GW of commissioned capacity, alongside announcing a board change and a…
Reliance Industries Limited (RIL) has signed a binding 15-year agreement with Samsung C&T Corporation for the export of green ammonia, with deliveries set to begin in the second half of FY2029. The contract, valued at over USD 3 billion, is among the largest long-term green ammonia offtake agreements globally. Integrated supply chain at Jamnagar The…
ANDRITZ has secured a contract from Tata Power to supply generating units for the 1,000 MW Bhivpuri pumped storage project (PSP) in Maharashtra. The order, valued in the low three-digit million euro range, will be booked in ANDRITZ’s first quarter 2026 order intake. Under the contract, ANDRITZ will design, manufacture, install, test, and commission three…
ReNew Green Energy Solutions, the commercial and industrial (C&I) clean energy arm of ReNew Energy Global, has raised USD 95 million in an equity funding round. The transaction was led by LeapFrog Investments with a USD 50 million commitment, while the remaining capital was provided by Emerging Market Climate Action Fund and Carlyle AlpInvest. Portfolio…
Climate Fund Managers has committed USD 32.2 million in construction equity from its Climate Investor Two fund, supported by the European Union, to Akaia Green Fuels for a compressed biogas project in Uttar Pradesh. The investment marks a scale-up from earlier development-stage funding and supports construction now underway. Project scope The facility will process about…
The Ministry of New & Renewable Energy (MNRE) has amended the Approved Models and Manufacturers (ALMM) Order to expand domestic sourcing requirements to silicon wafers. The amendment introduces a new compliance layer under ALMM, aimed at strengthening India’s end-to-end solar manufacturing ecosystem. The requirement will take effect from June 1, 2028. Expanded ALMM compliance chain…
KPI Green Energy Limited has secured Rs 979 crore in debt financing from Canara Bank for a 150 MW wind power project in Gujarat, to be developed under the Independent Power Producer (IPP) model. The facility includes a Rs 931 crore term loan and a Rs 48 crore bank guarantee. The project is located across…
NHPC Limited has declared commercial operation date (CoD) of Unit 1 (250 MW) of the Subansiri Lower Hydroelectric Project, effective 00:00 hours on March 20, 2026. With this, three units of 250 MW each, totalling 750 MW, are now operational. The remaining five units are to be commissioned in phases, with timelines to be announced…
Kalpataru Projects International Limited (KPIL) has secured new orders worth approximately Rs 2,471 crore across power transmission and distribution in domestic and overseas markets, an underground metro rail project through a joint venture, and buildings and factories contracts in India. Client names and specific geographies were not disclosed. With these additions, KPIL has secured approximately…
Adani Power Limited has informed the BSE and NSE that Puneet Bansal will take over as Company Secretary and Compliance Officer from April 1, 2026, succeeding Deepak S Pandya, who will retire at the close of business on March 31, 2026. Pandya joined Adani Power in August 2015 and has served in the role for…