SJVN Limited has announced its financial results for the quarter ending September 2024 (Q2 FY25), reporting a consolidated net profit of Rs 4,399 million, a slight increase from Rs 4,396.4 million in the same period last year.Â
The company’s total income rose by approximately 16.48% to Rs 11,084.3 million, up from Rs 9,516.2 million in the corresponding quarter of the previous year.
The Ministry of Coal has issued vesting orders for three coal blocks, Rajgamar Dipside (Deavnara), Tangardihi North, and Mahuagarhi, under the ongoing commercial coal block auction process. The orders follow the signing of coal mine development and production agreements on August 21, 2025. Of the three blocks, two are partially explored and one is fully…
ACME Solar Holdings Limited plans to invest Rs 170 billion in capital expenditure in the calendar year 2026 to expand its renewable energy capacity to 5,000 MW by 2027, focusing on hybrid and firm dispatchable renewable energy (FDRE) projects. The company aims to triple its capacity to 7,000 MW by 2028, rolling out expansion in…
Reliance Power Limited reported improved financial performance for the fourth quarter (Q4) and fiscal year ending March 31, 2025. In Q4 FY25, the company recorded total income of Rs 20.66 billion ($241 million) and EBITDA (earnings before interest, taxes, depreciation, and amortisation) of Rs 5.9 billion ($69 million). Profit after tax stood at Rs 1.26…
Energy ministers from several European countries, along with industry leaders, have signed a joint declaration in Hamburg to scale up offshore wind capacity in the North Sea. The declaration sets an interim target of 100 GW as part of a broader effort to cut energy costs and strengthen regional energy security. Ministers from Belgium, Denmark,…
Adani Saur Urja (KA) Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated a new entity—Adani Hydro Energy Ten Limited (AHE10L). The new company will support AGEL’s growing renewable energy portfolio across India. AHE10L has been set up to undertake the generation, development, transformation, distribution, transmission, and sale of power from…
The Ministry of New and Renewable Energy (MNRE) has issued updated domestic content requirement (DCR) norms for solar cells. According to the new guidelines, only solar cells based on crystalline-silicon technology and manufactured in India using undiffused silicon wafers (black wafers) will qualify as domestically produced. These wafers fall under Customs Tariff Head 3818, and…