Gensol Engineering Limited has reported a net profit of Rs 228.9 million for the quarter ending September 2024, marking a 28.96% increase from Rs 177.5 million in the same quarter last year.Â
The company’s total income rose by 13.76% to Rs 3,468.2 million, up from Rs 3,048.7 million in the corresponding period of the previous year, reflecting steady growth in its financial performance.
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 infrastructure, new energy sources, and an expanded fibre-optic network. The project, announced on October 14, 2025, is…
S4 Energy, a subsidiary of Castleton Commodities International (CCI) specializing in grid-scale battery energy storage, has acquired Netherlands-based LC Energy’s battery storage platform, LCEGS. This acquisition enhances the energy grid’s resilience by merging LCEGS’ development expertise with S4 Energy’s operational experience. Battery energy storage is crucial for Europe’s decarbonisation goals and grid stability. With increasing…
The Rajasthan Renewable Energy Corporation Limited (RREC) has withdrawn its procedure for implementing wind and hybrid projects and will no longer register or verify wind turbine generator (WTG) coordinates on private land. Developers will now be solely responsible for maintaining mandatory spacing between turbines. The order, issued on October 15, 2025, revokes the “Procedure-cum-Guidelines for…
The Andhra Pradesh Cabinet has cleared a 250 MW solar power project at Mylavaram in Kadapa district. The state government has allotted 200 acres to Adani Solar Energy for the project. Alongside this decision, the Cabinet also approved the Andhra Pradesh Circular Economy and the AP Waste Recycling Policy 4.0 (2025–2030), reflecting a broader push…
India’s first private-sector test facility for upgrading depleted heavy water was recently inaugurated by Shri Rajesh V, Director (Technical), Nuclear Power Corporation of India Ltd (NPCIL), and Shri K. T. Shenoy, Director, Chemical Engineering Group, Bhabha Atomic Research Centre (BARC). Commissioned by TEMA India Ltd., the facility was developed under a technology transfer from BARC…
Inox Neo Energies Limited, a wholly owned subsidiary of Inox Clean Energy Limited, has signed definitive agreements with Evergreen Power Mauritius Private Limited and Evergreen Renewables Private Limited to acquire a wind-solar hybrid portfolio of 640 MW contracted capacity, equivalent to about 850 MW DC. The portfolio consists of five greenfield hybrid projects in Maharashtra…