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Waaree Renewables posts Rs 0.53 billion net profit in Q3 FY25, down 17.18%
Waaree Renewables Technologies Limited reported a net profit of Rs 0.53 billion for the quarter ending December 2024, a 17.18% decrease compared to Rs 0.64 billion in the same quarter last year. The company’s total income rose by 11.66% to Rs 3.64 billion during the quarter, up from Rs 3.25 billion in the corresponding period…
India | Generation | NewsKaiga nuclear plant receives first major reactor core component from L&T
Nuclear Power Corporation of India Limited (NPCIL) has achieved a construction milestone at the Kaiga Units 5 and 6 nuclear power project with the successful unloading of the first End Shield, a key component of the reactor core. Manufactured by Larsen & Toubro (L&T) at its Hazira facility, the End Shield weighs 107 tonnes and…
RECPDCL establishes subsidiaries for ISTS projects in Gujarat, Rajasthan, and J&K
REC Power Development & Consultancy Ltd (RECPDCL) has created three wholly-owned subsidiaries to develop interstate transmission system (ISTS) schemes across Gujarat, Rajasthan, and Jammu & Kashmir. On October 25, 2024, RECPDCL incorporated Banaskantha Transco Ltd as a special purpose vehicle (SPV) to implement the “Augmentation of transformation capacity at Banaskantha (Raghanesda) PS (GIS)” project in…
Union Budget 2026 signals shift in energy, manufacturing and infrastructure policy
The Union Budget for 2026–27, presented by Finance Minister Nirmala Sitharaman on Sunday, 1 February 2026, unveiled a fiscal plan for strengthening India’s domestic manufacturing base, particularly in renewable energy and critical mineral processing. The budget features a series of targeted customs duty exemptions, new sectoral incentives, and strategic infrastructure initiatives designed to reduce input…
India | Leadership | NewsAdani Power appoints Puneet Bansal as company secretary
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…
India | Generation | NewsJSW Energy signs 1,600 MW Salboni PPA with WBSEDCL
JSW Energy Limited said on 20 January 2026 that its wholly owned subsidiary, JSW Thermal Energy Two Limited, has signed a Power Purchase Agreement (PPA) with West Bengal State Electricity Distribution Company Limited (WBSEDCL) for a 1,600 MW thermal power project at Salboni in West Bengal. The PPA covers a greenfield project comprising two units…
