Avaada Group has achieved financial closure for three utility-scale renewable energy projects, with total debt sanctions approaching USD 950 million. The portfolio includes what the company described as India’s largest financing transaction in the Firm and Dispatchable Renewable Energy (FDRE) segment. The projects include an FDRE project in Bikaner, Rajasthan, being developed under a long-term…
ACME Solar Holdings Limited reported a 59% year-on-year increase in consolidated revenue for FY26, supported by capacity additions, higher generation, and strong operating performance. Total consolidated revenue for the fiscal year rose to Rs 2,507 crore, while net profit nearly doubled to Rs 498 crore, up 99% compared to the previous year. For the quarter…
Suzlon Energy Limited announced on 17 December 2025 that it has secured two new wind power orders totalling 306 MW from Yanara. The orders are for the supply of wind turbines for firm and dispatchable renewable energy (FDRE) projects in Barmer, Rajasthan, and mark a continuation of the partnership between the two companies during the…
NHPC Limited has successfully concluded its tranche VI auction, awarding 1,200 MW of firm and dispatchable renewable energy (FDRE) projects integrated with energy storage systems and connected to the inter-state transmission system (ISTS). The auction also included a greenshoe option of 1,200 MW. Jevargi Solar Power was awarded 150 MW at Rs 4.48 per kWh,…
ACME Solar Holdings and Hexa Climate Solutions have secured contracts for 400 MW and 300 MW firm and dispatchable renewable energy (FDRE) projects, respectively, as part of a 760 MW bid invited by NTPC. Industry sources report that ACME Solar won its capacity at a tariff of Rs 4.69 per unit, while Hexa Climate Solutions…