India’s renewable energy companies reported solid financial performance for FY 2025-26, driven by higher earnings and improved margins. NTPC Green Energy reported a net profit of Rs 88 crore, up from Rs 38 crore the previous year. Revenue grew 21.5%...
Rayzon Solar has received approval from the Securities and Exchange Board of India (SEBI) to move ahead with its proposed Rs 15 billion initial public offering. The regulator issued final observations, clearing the way for the company’s market debut...
Singapore-based Keppel Ltd has acquired Shell Plc’s 49% stake in Cleantech Solar for around USD200 million, giving it full ownership of the company. Keppel previously held a 51% stake in the company and is reportedly planning to sell Cleantech Solar...
Avaada Electro, the solar manufacturing subsidiary of the Brookfield-backed Avaada Group, has filed confidential documents with the Securities and Exchange Board of India (SEBI) to raise between Rs 90–100 billion through an initial public offering...
The Competition Commission of India (CCI) has cleared the proposed acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited under the corporate insolvency resolution process (CIRP) of the Insolvency and Bankruptcy Code, 2016. Vedanta, a...
EIB Global, the development arm of the European Investment Bank (EIB), will invest up to $60 million in the India Energy Transition Fund, a new greenfield infrastructure fund managed by EAAA Alternatives. The fund aims to accelerate private capital...
Inox Wind will set up a wind-blade and tower manufacturing facility in the Kyadigoppa Industrial Area, Kushtagi taluk, Koppal district, Karnataka, with a total investment of Rs 400 crore. The project will be executed in two phases, with Rs 300 crore...
The Securities and Exchange Board of India (Sebi) has uncovered insider trading worth over Rs 173 crore in shares of the Indian Energy Exchange (IEX) and barred eight people from the market after search operations last month. Sebi found that...
Enerica Regrid Infra Private Limited (EnerGrid), launched by IndiGrid, British International Investments, and Norfund, plans to raise USD 450–500 million to scale its greenfield portfolio. The funds will support bids and development of transmission...
Google has partnered with Adani Enterprises to build a $15 billion (Rs 13,318 crore) artificial intelligence (AI) hub in Visakhapatnam, Andhra Pradesh. The facility, Google’s largest outside the US, will include a 1 GW data centre campus, AI...
Viviana Power Tech Limited has signed multiple Memoranda of Understanding (MoUs) with the Gujarat government, worth Rs 2,448 crore, on the opening day of the Vibrant Gujarat Regional Conference (VGRC) 2025. The agreements cover the design, supply...
The Enforcement Directorate (ED) arrested Ashok Kumar Pal, CFO of Reliance Power, in a money laundering probe linked to a purported Rs 68.2 crore fake bank guarantee submitted to SECI. Reliance Power said the company and its subsidiaries were...
Adani Green Energy Ltd, led by Indian billionaire Gautam Adani, has secured around $250 million from a consortium of international banks, marking its first foreign currency loan since a US Department of Justice indictment. The funding will be used to...
Deon Energy Limited has filed its draft red herring prospectus with the Securities and Exchange Board of India to raise Rs 1.5 billion through an initial public offering. The issue comprises a fresh sale of equity shares with a face value of Rs 10...
Indian Energy Exchange (IEX) recorded electricity traded volume of 35,217 MU (excluding TRAS) in Q2 FY26, up 16.1% year-on-year. TRAS volumes rose to 603 MU from 16.9 MU in Q2 FY25. Renewable Energy Certificate (REC) trading declined 30% to 44.22...
The Solar Energy Corporation of India Limited (SECI) has invited proposals to select an agency for preparing Detailed Project Reports (DPRs) for Green Hydrogen Hubs under the National Green Hydrogen Mission. The call for proposals, dated September...
The National Capital Region Transport Corporation (NCRTC) has added a second draw point at the Muradnagar receiving substation to expand its electricity procurement through Power Exchange India Limited. The move is part of its arrangement with PTC...
Sterlite Electric Limited, formerly known as Sterlite Power Transmission Limited, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The IPO will consist of a...
Indian Renewable Energy Development Agency Limited (IREDA) has reported strong growth in its key business indicators for the half year ended September 30, 2025, based on provisional data. Loan sanctions rose by 86 per cent to Rs 331.48 billion in H1...
Rays Power Infra has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise up to Rs 11.5 billion through an initial public offering (IPO). The IPO will comprise a fresh equity issue of Rs 9...
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The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the demerger of the Power...
ACME Solar Holdings Limited has commissioned a 142.67 MW / 481.49 MWh Battery Energy Storage System...
Orient Green Power Company Limited has informed stock exchanges that two promoter entities, Nivedana...
Coal India Limited (CIL) has informed stock exchanges that Central Mine Planning and Design...
India’s electricity sector is on the cusp of a carefully constructed experiment. The Ministry...
EAC clears Adani’s 1,200 MW pumped storage project in Uttar Pradesh The Expert Appraisal Committee...
Mahindra Susten Private Limited has achieved financial closure for its Hazel Hybren renewable energy...
The Directorate General of Trade Remedies (DGTR) has recommended extending countervailing duties...
Ashok Leyland Limited has started construction of a greenfield battery pack manufacturing facility...
Bessco Power Private Limited and Renergo Developers have formed a joint venture to develop 1,000 MW...