Prime Minister Narendra Modi inaugurated a 4 MW solar project in Ekta Nagar, Gujarat, valued at Rs 232.6 million.
This initiative is part of ongoing efforts to enhance the Statue of Unity area as an international tourist destination while promoting sustainable energy solutions in the region.
The Ministry of Coal in India has introduced new policy incentives aimed at boosting underground coal mining. These incentives are designed to reduce financial burdens and encourage investment in the sector. Key measures include a reduction in the floor percentage of revenue share for underground coal mines from 4% to 2%, along with the complete…
MegaCharge, the electric vehicle (EV) charging arm of Mega Nirman & Industries Limited, has partnered with the National Highways for Electric Vehicles (NHEV) initiative to deploy 660 charging points along a planned 5,500 km e-highway corridor across India. NHEV covers 26 national highways and expressways across 14 states and is structured under the Annuity Hybrid…
The Gujarat government has revised its Right of Way (RoW) compensation policy for power transmission projects, replacing the existing Jantri (circle rate)-based compensation system with one linked to prevailing market values. The revised policy, announced on July 4, 2026, also introduces upfront compensation payments, expands the compensable area for transmission towers, and establishes a new…
Several solar and wind projects in South Africa will receive €400 million through a joint initiative between the European Investment Bank (EIB) and South Africa’s FirstRand Bank. The investment, with each party contributing €200 million, aims to enhance private sector energy generation, boost energy security, and mitigate power cuts. The funding aligns with Europe’s Global…
Waaree Energies Limited reported consolidated revenue from operations of Rs 7,931.79 crore for the quarter ended June 30, 2026, up 79.22% year-on-year from Rs 4,425.83 crore in Q1 FY26. Operating Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) increased 44.38% to Rs 1,439.92 crore from Rs 997.32 crore, while Profit After Tax (PAT) rose 15.39%…
JSW Energy reported a 9% year-on-year (YoY) decline in consolidated net profit for the fourth quarter of fiscal 2026, even as revenue and operating performance recorded significant growth. According to the company’s financial results filed with stock exchanges on Monday, net profit stood at Rs 372 crore in Q4 FY26, compared to Rs 408 crore…