Gensol Engineering Limited has incorporated three new subsidiaries: Innogrid Energy Private Limited, Hari Shakti Energy, and Shakti Sangini Energy Private Limited.Â
Gensol has subscribed to 10,000 equity shares in each subsidiary, representing 100 percent of their total share capital, with an investment of Rs 100,000 per company. These subsidiaries are now wholly-owned by Gensol Engineering.
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’s installed solar capacity has grown 4000% over the last decade, Union Minister of Commerce and Industry Piyush Goyal said at the 11th India Energy Storage Week (IESW) 2025 held in New Delhi. Mr. Goyal said India’s total renewable energy capacity has reached 227 GW. He also claimed that India is likely the first G20…
Hitachi Energy India Limited announced its unaudited financial results for the third quarter ended December 31, 2025, reporting a strong year on year rise in profit. The company said higher execution levels, sustained demand across key segments, and a record order backlog supported the performance. For the quarter, net profit rose 90.3% to Rs 261.42…
ACCIONA EnergÃa has acquired two wind farms in Texas, Green Pastures I and Green Pastures II, each with a capacity of 150 MW. Located in Baylor and Knox Counties, these fully operational projects were acquired from private asset management firms for $202.5 million, boosting ACCIONA’s total installed capacity in the US. The two wind farms…
Rays Power Infra Limited has secured a mandate to develop and construct a 200 MW round-the-clock (RTC) renewable energy project to supply firm green power to Railway Energy Management Corporation Limited (REMC), a joint venture between Indian Railways and Rail India Technical and Economic Service (RITES). The project will be executed through Rays Power’s subsidiary,…
PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis for the Augmentation of transformation capacity & Implementation of line bays at Mandsaur S/s for RE Interconnection. The bidding…