Gautam Solar has launched a new solar module manufacturing facility in Bhiwani, Haryana, achieving full-scale operations within a year. Spanning 60 acres, the fully automated plant has already surpassed a 2 GW production capacity, with plans for...
Shakti Pumps Limited has set up a wholly owned subsidiary, Shakti EV Mobility Private Limited, with a consolidated investment of Rs 350 million through the subscription of 3,000,000 equity shares of Rs 10 each. The new entity will focus on...
Bharat Heavy Electricals Limited (BHEL) posted a net profit of Rs 1.35 billion for the quarter ending December 2024, marking a 125 per cent increase from Rs 0.60 billion in the same quarter last year. The company’s total income rose by 31.87 per...
Waaree Group has started the construction of its alkaline electrolyser manufacturing facility in Valsad, Gujarat, with an initial production capacity of 300 MW. The plant will support industries like steel, refining, transportation, fertilizers...
Australian Premium Solar (India) Limited has secured contracts worth Rs 1,498.27 million for the supply of solar panels, photovoltaic (PV) modules, and solar inverters. The contracts include Rs 910.84 million for supplying 540 Wp bifacial solar...
Juniper Green Energy Limited has secured Rs 86.82 billion in phased debt financing to develop renewable energy (RE) projects in India, including wind-solar hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects. The financing has been...
Sahaj Solar Limited has established a wholly-owned subsidiary, Veracity Renewable Energy Private Limited, to develop solar power projects in India. The new entity will generate, accumulate, distribute, and supply solar power for its use or sale to...
Tata Power Delhi Distribution Ltd (Tata Power-DDL), the distribution arm of Tata Power in the National Capital, has been ranked among the top 10 power utilities worldwide in the Smart Grid Index 2024. The Smart Grid Index, developed by Singapore...
The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended granting Terms of Reference (ToR) for the 640 MW Khandwa Pumped Storage Hydro Project and the 1,500 MW Warsgaon Warangi Pumped...
Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green Energy Limited, has received Letters of Award (LoAs) for developing 15.9 MWp solar power projects under the Captive Power Producer (CPP) segment in India. The projects have...
Teerth Gopicon Private Limited has received a Letter of Intent (LoI) from Jaipur Vidyut Vitran Nigam Limited (JVVNL) for developing 39.4 MW grid-connected solar photovoltaic (PV) projects in Rajasthan under the Pradhan Mantri Kisan Urja Suraksha evam...
The Board of Directors of Hero MotoCorp Limited has approved an agreement with CleanMax Enviro Energy Solutions Private Limited to set up a solar power project. A special purpose vehicle (SPV) will be formed for the project, with Hero MotoCorp...
Jindal Nuclear Power Private Limited, a wholly owned subsidiary of Jindal Renewables, has announced plans to develop 18,000 MW of nuclear power capacity by 2047. This aligns with the Government of India’s target of achieving 100,000 MW of nuclear...
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, and the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) have formed a joint venture (JV), “AP NGEL Harit Amrit Limited,” to develop 25,000 MW...
Bharat Heavy Electricals Limited (BHEL) has received a Letter of Award (LoA) worth Rs 80 billion for the engineering, procurement, and construction (EPC) of the 2×660 MW Koradi Thermal Power Project. The contract, awarded by Maharashtra State...
Sinovoltaics’ Q1 2025 global PV Module Manufacturers Ranking shows India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy as the top three. The Altmann Z-score-based ranking covers 63 suppliers, tracking financial health from...
GE Vernova T&D India Ltd has reported a 75 per cent year-on-year increase in order inflows for the first three quarters (9M: April to December) of FY25. The new order inflow during this period reached Rs 77,871 million, up from Rs 44,563 million...
A consortium of Hitachi Energy India Ltd and Bharat Heavy Electricals Ltd (BHEL) has received a Letter of Intent (LoI) from Rajasthan Part I Power Transmission Ltd, a wholly-owned subsidiary of Adani Energy Solutions Ltd (AESL) for the Rajasthan...
Luminous Power Technologies has inaugurated a lead acid battery manufacturing facility in Haridwar, Uttarakhand. Spanning 8 acres in the SIDCUL Industrial Estate, the plant features a green positive plate manufacturing process using 100 per cent...
Torrent Power has announced its financial results for the third quarter of FY 2024-25, ending December 31, 2024. The company reported a 31% year-on-year increase in profit after tax (PAT), reaching Rs 4.89 billion. The growth in PAT was largely...
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