Orient Solar has announced plans to increase its production capacity from 800 MW to 2 GW by mid-2025.
This expansion involves an investment of Rs 1.30 billion, covering capital expenditure, land, and building costs.
The enhanced capacity will primarily support utility-scale solar projects (65%), with the remaining 35% allocated to commercial and industrial rooftop solar projects, as well as solar street lights and pumps.
Avaada Electro, the solar manufacturing subsidiary of the Brookfield-backed Avaada Group, has filed confidential documents with the Securities and Exchange Board of India (SEBI) to raise between Rs 90–100 billion through an initial public offering (IPO). The proposed IPO is expected to include both fresh equity issuance and an offer for sale by existing shareholders….
BluPine Energy has signed a Power Purchase Agreement (PPA) with KEI Industries Limited for renewable energy supply from a hybrid solar and battery energy storage system (BESS) project being developed in Rajasthan. The contracted capacity will form part of up to 150 MW capacity under BluPine Energy’s special purpose vehicles (SPVs) in the state. As…
CESC Limited will raise Rs 300 crore through 30,000 non-convertible debentures (NCDs) via private placement. Each debenture has a face value of Rs 1 lakh, is senior, secured, rated, unlisted, and carries a three-year tenure. The NCDs will offer a floating coupon of 3-month Treasury Bill rate plus 2.30% per annum, paid quarterly. In case…
India recorded a peak power demand of 245,416 MW in January 2026, with the national grid maintaining frequency within the standard band for over 78% of the time, according to the monthly operational report released by Grid Controller of India Limited (Grid-India). The all-India peak demand of 245,416 MW was recorded on January 9, 2026…
NLC India Limited has named Shri Rajesh Pratap Singh Sisodia as its Director of Planning and Projects, with effect from 02 December 2025. He took charge at the company’s Neyveli headquarters. Shri Sisodia brings more than 35 years of experience, largely from Bharat Heavy Electricals Limited, where he last served as Executive Director. His background…
Emmvee Photovoltaic Power Limited reported a sharp increase in its audited financial results for the quarter and year ended March 31, 2026, driven by higher production and capacity expansion. For FY26, revenue from operations rose 116% year-on-year to Rs 5,050 crore. EBITDA increased 140% to Rs 1,734.4 crore, while profit after tax (PAT) grew 193%…