Indian Energy Exchange (IEX) reported a profit after tax of Rs 1,073 million for the quarter ended December 2024, a 16.9% increase from Rs 918 million in the same period last year.
The company’s consolidated revenue grew by 13.7% to Rs 1,605 million in Q3 FY2024, compared to Rs 1,412 million during the corresponding quarter of 2023.
Adani Green Energy Limited (AGEL) has operationalised a 150 MW solar power project at Khavda, Gujarat, through its wholly owned stepdown subsidiary, Adani Renewable Energy Eight Limited (ARE8L). The company decided to operationalise the plant and commence power generation at 10:42 p.m. on June 27, 2026, after obtaining the required clearances. Power generation from the…
The Ministry of New and Renewable Energy (MNRE) has updated its approved list of models and manufacturers (ALMM), increasing India’s total solar module manufacturing capacity under the list to 64.56 GW. The latest update includes two new manufacturers: Indosolar Limited, with an approved capacity of 1,525 MW, and Visaka Industries Limited, with 16 MW. Indosolar…
ACWA Power has signed a memorandum of understanding (MoU) with Larsen & Toubro’s (L&T) renewables division for the development of the renewables and grid components of the Yanbu green ammonia project in Saudi Arabia. The project is planned as a fully integrated hub powered entirely by solar and wind energy. The MoU covers multiple facilities,…
Torrent Power Limited has appointed Vikas Poddar as Chief Financial Officer (CFO) and Whole Time Key Managerial Personnel (KMP), effective August 21, 2026. The appointment follows the planned retirement of Saurabh Mashruwala, who will continue with the company as Executive Director to support the transition. The Board of Directors approved Poddar’s appointment at its meeting…
Amara Raja Energy & Mobility Limited reported a 16% year-on-year increase in consolidated profit after tax (PAT) to Rs 190.94 crore for the quarter ended June 30, 2026, compared with Rs 164.80 crore in Q1 FY26. Consolidated revenue from operations rose 24% to Rs 4,214.54 crore from Rs 3,401.08 crore a year earlier, while total…
India’s installed solar power capacity reached 110.9 GW by June 2025, out of a total renewable capacity of 237.5 GW, according to a commentary published by the Observer Research Foundation (ORF). The authors argue that India should reassess its solar potential estimates, which remain based on outdated assumptions and data from 2010 and 2011. The…