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.
British International Investment and Copenhagen Infrastructure Partners have launched North Star, a $300 million platform aimed at developing utility-scale renewable energy projects in India. The platform was announced on Thursday at the Global Partnerships Conference in London. Under the arrangement, BII and CIP will each commit up to $150 million, with CIP investing through its…
Juniper Green Energy Limited has entered the commissioning phase of what it describes as India’s first Firm and Dispatchable Renewable Energy (FDRE) project, developed under the Government of India’s FDRE framework. The project integrates 259 MWp of solar, 280 MW of wind, and a 200 MWh Battery Energy Storage System (BESS) across Rajasthan and Gujarat….
Starting August 2025, the Delhi government will automatically approve Consent to Operate (CTO) applications from Green Category industries if no decision is made within 20 days. This replaces the earlier 120-day review period. The reform covers over 65 non-polluting industry types, including cold storage, furniture units, soap and detergent makers, packaging units, toy assembly, optical…
The Union Cabinet has approved a major funding push across agriculture and renewable energy, with a combined outlay exceeding Rs 50,000 crore. The approval covers three flagship initiatives, including the Prime Minister Dhan-Dhaanya Krishi Yojana, and aims to improve productivity in 100 low-performing districts while enabling infrastructure that supports clean energy adoption. Under the scheme,…
IndiGrid Infrastructure Trust and JSW Energy Limited have reported solid financial results for the year ending March 31, 2025. IndiGrid posted a net profit of Rs 4.11 billion, marking a 38.85 per cent increase from Rs 2.96 billion in the previous year. Its total income rose by 15.1 per cent to Rs 34.38 billion. In…
The UK government has unveiled a £410 million ($501.1 million) investment to advance fusion energy development. The funding will support the construction of a fusion power plant at the site of a former coal facility in Nottinghamshire, as part of the government’s Plan for Change initiative to drive economic growth and position the UK as…