Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited, has signed a share subscription and shareholders agreement (SSSHA) to acquire a 26% equity stake in Solis Urja Energy Private Limited.
The acquisition involves the purchase of 1,750,000 equity shares worth Rs 17.5 million, to be completed in one or more tranches.
CPS Energy has teamed up with OCI Energy to develop a 120MW/480MWh battery energy storage system (BESS) in southeastern Bexar County, Texas. The Alamo City ESS LLC project is set to be operational by late 2026. OCI Energy will handle the development, financing, construction, ownership, and operation of the system, while CPS Energy will maintain…
Transformers and Rectifiers (India) Limited (TARIL) has secured an order worth Rs 228.26 crore from Gujarat Energy Transmission Corporation Limited (GETCO) for the manufacturing and supply of transformers and reactors, along with related works. The order covers the supply of six transformers and two reactors and is scheduled for execution by August 2028. The latest…
JSW Energy reported a consolidated net profit of Rs 8.53 billion for the quarter ended September 2024 (Q2 FY 2025), slightly up from Rs 8.5 billion in the same period last year. The company’s total revenue for Q2 FY 2025 reached Rs 34.59 billion, marking a 2% year-on-year increase. Net generation for the quarter rose…
ACME Solar Holdings Limited said its subsidiary, ACME Eco Clean Energy Private Limited, has received the Certificate of Commissioning for a 16 MW wind power project in Gujarat. According to a regulatory filing, the certificate was issued by Gujarat Energy Development Agency (GEDA) on April 16, 2026. The development follows earlier updates submitted in March…
Indian Energy Exchange (IEX) reported audited results for the quarter and year ended March 31, 2026, with record electricity traded volumes and double-digit growth in profitability. For FY26, consolidated Profit After Tax (PAT) rose 14.9% year-on-year to Rs 492.9 crore from Rs 429.2 crore in FY25. Standalone PAT increased 14.2% to Rs 473.7 crore. Consolidated…
Resonia Ltd. has appointed Aditya Mittal as Chief Financial Officer (CFO). Based in Mumbai, he will report to Chief Executive Officer (CEO) Prashant Sinha. Mittal brings nearly two decades of experience across strategic finance, budgeting, profit and loss management, internal audit and statutory compliance. His sector experience includes infrastructure, energy, metals, manufacturing, and oil and…