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Waaree Energies reports strong Q3 FY 2024-25 results
Waaree Energies Limited has reported a remarkable performance for Q3 FY 2024-25, with total income rising by 114.63% to Rs 35,452.65 million. The earnings before interest, tax, depreciation, and amortisation (EBITDA) surged by 256.97% to Rs 8,097.05 million, while profit after tax (PAT) increased by 259.98% to Rs 5,068.76 million. The EBITDA margin expanded to…
MNRE revises Waste to Energy guidelines to ease project execution
On June 27, 2025, the Ministry of New and Renewable Energy (MNRE) issued new guidelines under its Waste to Energy (WTE) Scheme, simplifying the process for projects converting waste into biogas, BioCNG, syngas, or power. These revisions update the earlier versions released in 2018, 2020, and 2022. Revised performance testing norms WTE plants must now…
Ministry of Mines auctions 10 critical mineral blocks in fifth tranche
The Ministry of Mines has completed the fifth tranche of auctions, successfully awarding 10 blocks containing critical and strategic minerals across six states. The auctioned blocks include graphite, phosphorite, phosphate, rare earth elements (REE), vanadium, potash, and halite. These are located in Chhattisgarh, Karnataka, Madhya Pradesh, Odisha, Rajasthan, and Uttar Pradesh. Coal India Limited (CIL)…
India | Generation | NewsEAC clears only one of nine coal plants seeking FGD exemption
In two consecutive sittings of the Expert Appraisal Committee for thermal power projects, held on February 24 and 25 under the Ministry of Environment, Forest and Climate Change (MoEF&CC), nine coal-based power plants came up for review under the July 2025 notification that opened the door for Category B plants to seek case-by-case exemptions from…
IREDA secures $172 million loan from SBI Tokyo
Indian Renewable Energy Development Agency Limited (IREDA) has secured a loan facility worth approximately $172 million from the State Bank of India (SBI) Tokyo. The loan includes a greenshoe option of around $66.2 million through external commercial borrowings. Structured as a five-year unsecured facility with a bullet repayment at maturity, the loan is expected to…
Pace Digitek completes one year of BESS manufacturing at Bidadi
Pace Digitek Limited’s subsidiary, Lineage Power Private Limited (LPPL), has completed one year of commercial Battery Energy Storage System (BESS) manufacturing at its Bidadi facility. During the period, LPPL manufactured more than 260 utility-scale BESS containers, representing over 1.25 GWh of integrated BESS capacity. According to the company, this represents one of the largest utility-scale…
