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Sunstream Green secures Rs 700 crore refinancing for 250 MW solar portfolio
Sunstream Green Energy has secured Rs 7 billion (around Rs 700 crore) in refinancing from State Bank of India (SBI) for a solar portfolio exceeding 250 MW across 17 sites in Maharashtra. According to the company, the portfolio was developed over three years and achieved operational stabilisation before refinancing. The refinancing arrangement is expected to…
Premier Energies and Inox Wind Energy report strong Q3 FY 2024-25 results
Premier Energies Limited reported strong third-quarter results for FY 2024-25, with a total income of Rs 17,494 million, up 144.76% from Rs 7,147 million in Q3 FY 2024. The company recorded revenue from operations of Rs 17,133 million and other income of Rs 361 million. EBITDA increased by 337.76% to Rs 5,495.70 million, while profit…
Honeywell to provide building automation solutions for Exide Energy’s lithium-ion gigafactory
Honeywell has secured a contract to deliver building automation solutions for Exide Energy Solutions Ltd (EESL), a subsidiary of Exide Industries Ltd. The project will involve deploying Honeywell’s Enterprise Buildings Integrator (EBI) platform for centralized monitoring and control of the 80-acre lithium-ion gigafactory campus in Bengaluru. These solutions will enhance operational efficiency, improve incident response,…
MNRE reports record 29.52 GW renewable capacity addition in FY 2024–25
The Ministry of New and Renewable Energy (MNRE) has reported strong progress in India’s clean energy sector for the Financial Year 2024–25. A record 29.52 GW of renewable energy capacity was added during the year, taking the total installed renewable capacity to 220.10 GW as of 31 March 2025.  Solar energy was the main driver…
Oriana Power wins EPC contract for 234 MW floating solar project
Oriana Power Limited has received a letter of award for the development of a 234 MW grid-tied floating solar photovoltaic (FSPV) plant at the Maithon Dam Reservoir operated by Damodar Valley Corporation (DVC) in Jharkhand. The contract is valued at Rs 1,180.53 crore, including GST. The company stated that it received purchase orders from a…
Oriana arm invests Rs 12 crore in BESS-linked solar project
Truere Guj SPV Private Limited, a subsidiary of Oriana Power Limited, has received an investment of Rs 12,01,68,600 from its parent to support the development of a battery energy storage system (BESS). The funding is tied to a solar project being developed by the subsidiary, according to a regulatory filing. Oriana Power Limited said the…
