Renewable Energy

India | Finance | News

ReNew narrows Q3 loss to Rs 198 million; income up 48%
By February 18, 2026February 18, 2026

ReNew Energy Global Plc reported a net loss of Rs 198 million (US$ 2 million) for the third quarter of fiscal year 2026, compared with a loss of Rs 3,879 million (US$ 43 million) in the same period last year. Total income for the quarter increased 48% year-on-year to Rs 31,372 million (US$ 349 million), supported by higher operational capacity, improved wind plant load factors and external sales from solar module and cell manufacturing. For…

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India | News | Renewable Energy

Adani Green incorporates Skyspin Energy as step-down subsidiary
By February 18, 2026February 18, 2026

Adani Green Energy Limited has incorporated a new step-down subsidiary, Skyspin Energy Limited (SEL). The entity was registered on February 17, 2026, as a wholly owned subsidiary of Adani Renewable Energy Holding Eleven Limited (AREH11L), an existing subsidiary of the company. In a regulatory filing, Adani Green Energy Limited stated that AREH11L has set up SEL as a fully owned entity. Skyspin Energy has been registered with the Registrar of Companies in Gujarat and has…

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India | Finance | News | Policy & Programmes

Uttar Pradesh allocates Rs 65,926 crore for energy in FY27
By February 17, 2026February 17, 2026

The Uttar Pradesh government has proposed an outlay of Rs 65,926 crore for the energy sector in FY 2026-27, an increase of 8% over the previous year. The allocation forms part of the state’s Rs 9,12,696 crore annual budget and covers generation, transmission, distribution and renewable energy development. Thermal generation capacity has increased from 5,878 MW in 2016-17 to 9,120 MW as of December 2025, reflecting growth of 55.16%. Capital expenditure for power projects is…

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India | News | Renewable Energy

NTPC adds 5 MW at Maroda Reservoir-I solar project
By February 17, 2026February 17, 2026

NTPC Limited (NTPC) has declared commercial operation of an additional 5 MW at the Maroda Reservoir-I Solar Power Project in Bhilai. The project is being implemented by NTPC-SAIL Power Company Limited (NSPCL), a joint venture of NTPC and Steel Authority of India Limited (SAIL). The capacity addition was completed in January 2026, according to a stock exchange communication dated February 16, 2026. The 5 MW commissioned forms part of the total 15 MW solar project…

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India | News

Bondada Engineering signs MoU for green data centres
By February 13, 2026February 13, 2026

Bondada Engineering Limited has entered into a Memorandum of Understanding (MoU) with Dubai-based Bryanston Renewables FZCO to jointly develop green-powered data centres in India and select international markets. The agreement was formalised on February 11, 2026. The MoU sets out a non-binding framework for collaboration between the two companies. It envisages the creation of data centre project packages that are ready for development or deployment, targeting domestic and international investors as well as data centre…

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India | News

Saatvik Cleantech to acquire 49% in Intelligent Hydel Solutions
By February 13, 2026February 13, 2026

Saatvik Green Energy Limited has informed the stock exchanges that its wholly owned subsidiary, Saatvik Cleantech EPC Private Limited, signed a Share Purchase Agreement on February 12, 2026, to acquire a 49% equity stake in Intelligent Hydel Solutions Private Limited. The acquisition is part of the company’s expansion strategy through its subsidiary. Intelligent Hydel Solutions Private Limited was incorporated on January 29, 2024, and is registered with the Registrar of Companies in Jaipur. According to…

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Global | News

Inox Clean, RJ Corp form JV for African renewables
By February 13, 2026February 13, 2026

Inox Clean Energy Limited, part of the INOXGFL Group, has formed an equal joint venture with RJ Corp Limited to enter the African renewable energy market, marking its first major international independent power producer initiative. The partnership has acquired Skypower Services MENA Limited and plans to commission about 570 MW of renewable energy capacity in the initial phase. The projects form part of a multi-GW development pipeline and are supported by sovereign-backed power purchase agreements….

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India | News | Renewable Energy

Jupiter International commissions 1 GW solar cell unit at Baddi
By February 12, 2026February 12, 2026

Jupiter International Ltd has commissioned a 1 GW mono-PERC solar cell manufacturing unit in Baddi, Himachal Pradesh, increasing its total installed solar cell capacity to approximately 2 GW. The new facility, set up by its wholly owned subsidiary Jupiter Solartech Pvt Ltd, is located in Village Katha in Solan district. It is the company’s third solar cell manufacturing unit and adds to its existing 959 MW capacity. The plant is fully dedicated to high-efficiency mono-PERC…

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India | Finance | News

NLC India posts record revenue and profit in April–December 2025
By February 11, 2026February 11, 2026

NLC India Limited reported its highest-ever revenue and profit for the nine-month period ended December 2025, supported by improved financial performance and progress across thermal power, mining, and renewable energy operations. On a standalone basis, revenue from operations stood at Rs 7,945.59 crore, a year-on-year increase of 5.06%. Profit after tax rose 3.04% to Rs 1,281.59 crore. On a consolidated basis, group revenue reached an all-time high of Rs 12,447.07 crore, up 8.74% year on…

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India | News | T&D

NCT backs transmission schemes for 25.5 GW renewable evacuation in Gujarat
By February 11, 2026February 11, 2026

The National Committee on Transmission (NCT) has recommended interstate transmission schemes with a cumulative estimated cost of Rs 24,048 crore for evacuation of 25.5 GW of renewable energy from Gujarat. The recommendation follows confirmation of sufficient renewable potential for the state and a reassessment of transmission planning assumptions, including limited visibility on large green hydrogen and green ammonia demand. The recommended outlay comprises three transmission schemes. These include the Transmission system for Integration of Power…

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