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.
REC Power Development and Consultancy Limited (RECPDCL) has invited competitive bids for two interstate transmission projects in Andhra Pradesh and Rajasthan. On February 3, 2026, RECPDCL issued a Request for Proposal (RfP) to select a transmission service provider (TSP) for the Transmission system for proposed Green Hydrogen / Green Ammonia projects in Vizag area, Andhra…
Arevon Energy has announced the commencement of operations at its 384 MWdc Eland 1 Solar plus Storage Project in Kern County, California. The project includes a 150 MW/600 MWh energy storage system. The second phase, Eland 2, is currently under construction and is expected to be operational by the first quarter of 2025. Upon completion,…
Waaree Solar Americas Inc., a wholly owned subsidiary of Waaree Energies Limited (WEL), has completed the acquisition of 53,68,551 Series B preferred shares of United Solar Holding Inc. for approximately USD 30 million. The transaction, first disclosed in December 2025, closed on March 16, 2026. Investment structure United Solar Holding Inc. is a US-based solar…
The Maharashtra government has entered into an Rs 8,000 crore agreement with GSC PSP Maha Pvt Ltd of Haryana to develop the Panchmauli-Devalipada pumped storage hydroelectric project across Dhule and Nandurbar districts. The 1,500 MW project is expected to generate around 2,500 jobs and contribute over Rs 1,100 crore in annual revenue to the state….
Tata Electronics has signed a memorandum of understanding (MoU) with ASMPT Singapore to establish semiconductor assembly equipment infrastructure for its chip packaging units in Assam and Karnataka. This partnership will enhance workforce training, service engineering infrastructure, automation, and R&D in advanced packaging technologies like wirebond, flip chip, and integrated system packaging. ASMPT will support Tata…
ACME Solar Holdings Limited has commissioned the third phase of its battery energy storage system (BESS) project at Jaimalsar village in Bikaner district, Rajasthan. The phase adds 11.429 MW / 51.354 MWh to the project’s operational capacity. The commissioning was carried out through ACME Surya Power Private Limited, a wholly owned subsidiary of ACME Solar…