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IEX Q3 profit rises 16.9% to Rs 1,073 million
Indian Energy Exchange (IEX) reported a profit after tax of Rs 1,073 million for the quarter ended December 2024, a 16.9% increase from Rs 918 million in the same period last year. The company’s consolidated revenue grew by 13.7% to Rs 1,605 million in Q3 FY2024, compared to Rs 1,412 million during the corresponding quarter…
Blueleaf commissions 300 MWp Pachora hybrid project in Madhya Pradesh
A pan-Asian renewable energy platform backed by Macquarie Asset Management has commissioned a 300 megawatt-peak (MWp) hybrid power project in Madhya Pradesh. The facility, developed by Blueleaf Energy, combines wind and solar generation and reflects a shift toward diversified clean energy infrastructure in India. The Pachora Hybrid Power Project involves an investment of about Rs…
KEC International secures Rs 1,303 crore orders across businesses
KEC International has secured new orders worth Rs 1,303 crore across its transmission and distribution (T&D), civil, renewables, and cables businesses, the company announced. The company is part of RPG Group. In the T&D segment, KEC International secured orders for 400/220 kV substations and associated transmission lines from a private developer in Southern India. The…
Tata Power posts strong Q3 as renewable, manufacturing units drive growth
Tata Power Company Limited reported robust financial performance for the third quarter and nine month period of fiscal year 2026, led by strong growth in its renewable energy, manufacturing, and distribution businesses. For the quarter ended December 31, 2025, Tata Power recorded consolidated profit after tax of Rs 1,194 crore. Revenue stood at Rs 14,485…
CERC addendum sets document rules for SCOD extension applications
The Central Electricity Regulatory Commission (CERC) Committee has issued an addendum clarifying the documentation process for renewable energy developers seeking an extension of their Scheduled Commissioning Date (SCOD). The clarification outlines a dual submission process involving email and physical hard copies. The addendum has been issued by the committee constituted under the office order of…
Jindal Saw to acquire 31.2% stake in ReNew Green MHH One
Jindal Saw Limited has signed a share purchase agreement (SPA) to acquire a 31.20% equity stake in ReNew Green MHH One Private Limited (RGMHH), making RGMHH an associate company. RGMHH focuses on renewable energy generation but has not yet commenced operations. The acquisition aims to secure electricity at concessional rates and is expected to be…
