Indian Renewable Energy Development Agency Limited (IREDA) posted a net profit of Rs 4.25 billion for the quarter ending December 2024, a 26.48% rise compared to Rs 3.36 billion in the same quarter last year.
The company’s revenue from operations increased by 35.59% to Rs 16.99 billion during the quarter, up from Rs 12.53 billion reported in the corresponding period of 2023.
NHPC Limited announced its financial results for the third quarter ended December 31, 2025, along with an interim dividend and updates on project commissioning and board level decisions. For Q3, NHPC reported a standalone profit of Rs 292.87 crore. Consolidated profit attributable to owners stood at Rs 219.12 crore. Standalone revenue from operations was Rs…
The Government of Montenegro has approved a list of 15 priority energy infrastructure projects worth EUR 1.38 billion. This fulfils chapter 21 – Trans-European Network – of the EU accession negotiations. The European Commission will use this list to select projects for funding under the Western Balkans Investment Framework (WBIF). Updated per WBIF methodology, the…
Ashok Leyland plans to invest more than Rs 50 billion over the next 7 to 10 years to develop and localise advanced battery technologies in India. Ashok Leyland confirmed that the localisation of battery manufacturing in India will support its own electric vehicle portfolio under the Ashok Leyland and Switch brands, while also supplying batteries…
The Ministry of New and Renewable Energy (MNRE) has issued an updated Approved List of Models and Manufacturers (ALMM) for solar photovoltaic (PV) modules on 19 September 2025, adding new modules and correcting earlier records. The update includes enlistments for Avaada Energy, Ksolare Energy, FS Green Energies, Loom Solar, Cosmic PV Power, and Rajratan Ventures…
Assam Power Generation Corporation Limited (APGCL) and Oil India Limited (OIL) have established a joint venture (JV) named APGCL OIL Green Power Limited to develop renewable energy projects in Assam. The JV will plan, develop, construct, own, and operate various renewable energy projects, including solar, wind, small hydro, and biomass. It will also focus on green…
NTPC aims to increase its installed capacity from 76 GW to 130 GW by 2032, presenting significant growth prospects for micro, small, and medium enterprises (MSMEs). The company’s procurement value is expected to rise from Rs 190.75 billion in FY24 to Rs 325 billion by 2032, with MSMEs contributing over 52 per cent of FY24…