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Reliance signs USD 3 billion green ammonia supply deal with Samsung C&T
Reliance Industries Limited (RIL) has signed a binding 15-year agreement with Samsung C&T Corporation for the export of green ammonia, with deliveries set to begin in the second half of FY2029. The contract, valued at over USD 3 billion, is among the largest long-term green ammonia offtake agreements globally. Integrated supply chain at Jamnagar The…
IEX reports higher power trade volumes in Q3 FY 2026 with softer prices
Indian Energy Exchange Limited (IEX) has released its operational performance metrics for the nine months ending December 2025 (9MFY’26), the third quarter of fiscal year 2026 (Q3FY’26), and the month of December 2025. The data indicates consistent growth in traded volumes across several key market segments, alongside a general moderation in average clearing prices year-on-year….
India’s renewable energy sector faces challenges despite record 73 GW tenders in 2024
India’s renewable energy sector is grappling with execution challenges despite issuing a record 73 GW of utility-scale renewable energy tenders in 2024. According to a report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics, weak demand for tenders, project cancellations, and delays in power sale agreements (PSAs) could…
Avaada to build 3,650 MW pumped hydro projects in Maharashtra
Avaada Group has signed a memorandum of understanding (MoU) with the Water Resources Department of Maharashtra to develop two pumped storage hydro projects (PSHPs) with a combined capacity of 3,650 MW. The projects include the 2,400 MW Pawana Falyan pumped storage project and the 1,200 MW Sirsala project. Together, they are expected to attract investment…
INOXGFL group firms report strong Q3 FY26 growth
Inox Wind Limited (IWL) and Inox Green Energy Services Limited (Inox Green), part of the INOXGFL Group, reported higher revenue and profit for the quarter ended December 31, 2025. IWL posted its strongest quarterly performance to date, while Inox Green recorded a 51% increase in revenue, supported by the expansion of its operations and maintenance…
Kalpataru secures Rs 2,471 crore orders, FY26 total crosses Rs 22,000 crore
Kalpataru Projects International Limited (KPIL) has secured new orders worth approximately Rs 2,471 crore across power transmission and distribution in domestic and overseas markets, an underground metro rail project through a joint venture, and buildings and factories contracts in India. Client names and specific geographies were not disclosed. With these additions, KPIL has secured approximately…
