CIL solar capex rises to Rs 961 crore by January 2026 Coal India Limited (CIL) has reported capital expenditure of Rs 961 crore on solar energy projects as of January 2026, marking a 2.33 times increase over the corresponding period last year. The company achieved 132% of its progressive target of Rs 729 crore and…
INOXGFL group firms report strong Q3 FY26 growth Inox Wind Limited (IWL) and Inox Green Energy Services Limited (Inox Green), part of the INOXGFL Group, reported higher revenue and profit for the quarter ended December 31, 2025. IWL recorded consolidated revenue of Rs 1,238 crore in Q3 FY26, up 24% year-over-year, with EBITDA of Rs…
Inox Clean, RJ Corp form JV for African renewables Inox Clean Energy Limited, part of the INOXGFL Group, has formed an equal joint venture with RJ Corp Limited to enter the African renewable energy market. The partnership has acquired Skypower Services MENA Limited and plans to commission about 570 MW of renewable energy capacity in…
Bondada Engineering secures first major bank-funded term loan for BESS project Bondada Engineering Limited has received sanction for a term loan from Canara Bank to finance the debt component of its Battery Energy Storage System (BESS) project with TNGECL, the company announced in a regulatory filing. The sanction marks the company’s entry into large-scale, bank-funded…
NCT backs transmission schemes for 25.5 GW renewable evacuation in Gujarat The National Committee on Transmission (NCT) has recommended interstate transmission schemes with a cumulative estimated cost of Rs 24,048 crore for evacuation of 25.5 GW of renewable energy from Gujarat. The outlay includes Rs 7,688 crore for Jam Khambhaliya REZ Phase II (5,500 MW)…
Bajaj Electricals posts Rs 34 crore loss in Q3 FY26 Bajaj Electricals Limited reported a consolidated net loss of Rs 34 crore for the quarter ended December 31, 2025, compared with a profit of Rs 33 crore in the same period last year. Revenue declined 18.5% year on year to Rs 1,051 crore, while EBIT…
Advait Energy signs hydrogen MoUs, wins Power Grid crane order Advait Energy Transitions Limited informed exchanges on February 7, 2026, that its subsidiary, Advait Greenergy Private Limited, signed three non-binding Memoranda of Understanding (MoUs) during the India Energy Week held from January 27 to 30, 2026. The MoUs cover hydrogen storage systems with V J…
MNRE clarifies customs duty eligibility for wind turbine components Ministry of New and Renewable Energy (MNRE) has issued a circular clarifying revised eligibility for concessional customs duty on imported forged steel rings used in wind energy generators. The clarification, dated 04 February 2026, follows Notification No. 02/2026-Customs issued by the Department of Revenue on 01…
Russia revises lunar roadmap, plans nuclear power plant on MoonAt a major Russian space conference, officials outlined a revised lunar programme after the 2023 Luna-25 failure. The updated schedule prioritises Luna-26 in 2028, Luna-27A in 2029, Luna-27B in 2030, and Luna-28 in 2034. A central objective is deploying a small nuclear power plant on the…
Advait Energy wins Rs 20 crore ERS order from MSETCL Advait Energy Transitions Limited has secured a domestic Emergency Restoration System order from Maharashtra State Electricity Transmission Company Limited. The order was awarded on February 3, 2026, with a contract value of Rs 19,99,64,841.32, including taxes. It covers procurement of an ERS comprising ten towers,…