Author: PPD Team Date: November 13, 2024
Solex Energy Limited reported robust financial performance in H1 FY2024-25, with total income surging 194% to Rs 2.731 billion, up from Rs 930 million in H1 FY24.
EBITDA increased 168% to Rs 253.7 million, and net worth expanded 244% to Rs 1.317 billion, while Return on Equity (ROE) improved to 29.41%, compared to 3.84% in the previous year.
Author: PPD Team Date: March 18, 2026 Climate Fund Managers has committed USD 32.2 million in construction equity from its Climate Investor Two fund, supported by the European Union, to Akaia Green Fuels for a compressed biogas project in Uttar Pradesh. The investment marks a scale-up from earlier development-stage funding and supports construction now underway. Project scope The facility will process about 94,000 tonnes of agricultural and organic waste each year, including paddy straw, press…
Author: PPD Team Date: April 3, 2025 Trident Group commissioned an 11.02 MWp rooftop solar power project at its Budhni facility in Madhya Pradesh on March 29, 2025. The project, developed at Rs 280 million, includes capacities of 6.58 MWp and 4.44 MWp. With this addition, the total commissioned solar capacity at the Budhni facility has reached 51.92 MWp. This marks the second solar project commissioned in Madhya Pradesh in March. Earlier, NTPC Renewable Energy…
Author: PPD Team Date: March 31, 2026 Saatvik Solar Industries Private Limited, a material subsidiary of Saatvik Green Energy Limited, has received and accepted a solar photovoltaic (PV) module supply order worth Rs 57.03 crore. The order is from a domestic independent power producer or engineering, procurement and construction (EPC) player. The company disclosed the development to stock exchanges on Monday. It did not name the buyer and stated that the order is commercial in…
Author: PPD Team Date: August 22, 2025 NTPC Renewable Energy Limited has declared commercial operation of a 49.125 MW capacity at the Khavda solar energy project in Bhuj, Gujarat, from August 22, 2025. The project is part of the 300 MW solar capacity being developed under the 450 MW Hybrid Tranche V scheme. Earlier, 142.2 MW was commissioned on June 28, 2025, followed by 32.8 MW on June 30, 2025. NTPC Renewable Energy Limited is…
Author: PPD Team Date: February 5, 2025 The Committee of Directors (CoD) on investment of projects of Power Grid Corporation of India Limited (PGCIL) accorded investment approval for the Transmission System for Offshore Wind Zone Phase-1 (500 MW VGF off the coast of Gujarat for Subzone B3) and the Additional Transmission System proposed for redundant power supply area to Dholera area on February 3, 2025. The estimated costs of the projects are Rs 3.19 billion…
Author: PPD Team Date: November 25, 2025 Adani Green Energy Limited has created two new step-down subsidiaries to expand its renewable energy portfolio. The companies, Adani Hydro Energy Thirteen Limited and Adani Hydro Energy Sixteen Limited, were incorporated on 21 November 2025 and are fully owned by Adani Saur Urja KA Limited. AGEL notified BSE and the National Stock Exchange through a letter dated 21 November 2025 in line with the SEBI Listing Regulations. Both…