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Inox Wind posts record profit in FY 2024-25 with 105% revenue growth
Inox Wind Limited has announced its highest-ever quarterly and annual profits for the financial year ending March 31, 2025. The company reported strong growth across all key financial and operational metrics. In Q4 FY 2024-25, Inox Wind recorded a total revenue of Rs 13.11 billion, marking a 130% year-on-year (YoY) increase from Rs 5.69 billion…
Union Government inaugurates 266 MW solar projects in Gujarat
On May 27, 2025, the Union Government inaugurated 266 MW of cumulative solar photovoltaic (PV) power projects developed by Gujarat State Electricity Corporation Limited (GSECL). These projects are located at various substations of Gujarat Energy Transmission Corporation (GETCO) across the state. The largest of the inaugurated projects is a 210 MW grid-connected solar PV plant…
CleanMax secures $575 million financing, commissions Rajasthan solar project
Clean Max Enviro Energy Solutions has announced the closure of approximately $575 million in financing across multiple lenders and the commissioning of a 351.4 MWp solar project in Rajasthan. The financing package includes External Commercial Borrowings (ECB), Foreign Currency Non-Resident Bank [FCNR(B)] funding, and INR-denominated term loans to support nearly 1 GW of Central Transmission…
JDR Cable Systems to install subsea cables for US offshore wind farm
JDR Cable Systems, part of the TFKable Group, has secured a contract from DEME Offshore for the Coastal Virginia Offshore Wind (CVOW) project, the largest offshore wind farm in the United States. The 2.6-GW project will supply power to 660,000 homes and contribute to the US goal of deploying 30 GW of offshore wind energy…
DOI invokes emergency permits to fast-track key geothermal projects
The U.S. Department of the Interior has activated emergency permitting procedures to accelerate geothermal energy projects considered essential for national security and energy reliability. This action follows the national energy emergency declared by President Donald J. Trump on January 20, 2025. The new process reduces environmental review timelines while maintaining safeguards under key federal laws,…
Torrent Power outlines Rs 30,000 crore expansion plan in FY2025-26
Torrent Power Limited reported its financial results for the quarter and year ended March 31, 2026, while outlining major investments across thermal power, renewable energy and energy storage projects aimed at expanding its long-term generation portfolio. On a consolidated basis, revenue from operations for FY2025-26 stood at Rs 28,966 crore, marginally lower than Rs 29,165…
