NLC India Limited has posted a net profit of Rs 9.82 billion for the quarter ending September 2024, marking a 9.58% decrease from the Rs 10.86 billion reported in the same period last year.Â
However, the company’s total income rose by approximately 35%, reaching Rs 43.70 billion for the quarter, compared to Rs 32.34 billion in the corresponding period of the previous year.
The Ministry of New and Renewable Energy (MNRE) has issued a circular dated April 13, 2026, formalising application fees for inclusion and updates under the Approved List of Models and Manufacturers for Wind Turbine Components (ALMM-WTC). Under the revised structure, inclusion of a new component model or updating an existing model based on revised type…
Serentica Renewables India Private Limited (SRIPL) has achieved financial closure for its 300 MW solar power project in Rajasthan. The company has secured over Rs 8.58 billion (USD 100 million) through External Commercial Borrowing (ECB) from Rabobank and Societe Generale. The power generated from this project will be supplied to Bharat Aluminium Company Limited (BALCO),…
AM Green has placed an order with John Cockerill for a 1.3 GW advanced pressurised alkaline electrolyser for its existing plant in Kakinada, Andhra Pradesh. This marks the largest electrolyser order in India to date. The project, set to begin production in the second half of 2026, will supply electrolysers in two phases of 640…
Juniper Green Energy has commissioned 25 MW of wind capacity at Dev Bhumi Dwarka, Gujarat. The plant is part of its 50 MW wind power project being developed through subsidiary Juniper Green Beam Private Limited. This milestone was reached nearly three months before the scheduled commercial operation date of October 17, 2025. The full 50…
Chinese TOPCon solar cell prices fell 1.22% to $0.0405/W this week amid weak export demand and contract renegotiations by Indian buyers following India’s proposed antidumping duty. The duty, recommended by the Directorate General of Trade Remedies, may impose up to 30% on Chinese solar cell imports for three years once approved. Manufacturers said Indian firms…
The Board of Directors of REC Power Development and Consultancy Limited (REC PDCL) has approved the formation of a joint venture company with Bharat Heavy Electricals Limited (BHEL) for renewable energy (RE) development in India. Both companies will hold equal stakes in the new joint venture. The announcement follows the Memorandum of Understanding (MoU) signed…