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Saatvik Solar bags Rs 666.7 crore domestic orders
Saatvik Solar Industries Private Limited, a material subsidiary of Saatvik Green Energy Limited, disclosed three separate orders totalling Rs 666.74 crore in filings to BSE and the National Stock Exchange of India on March 27. The largest of the three is a domestic order worth Rs 638.26 crore for the supply of Solar Cell G12…
NTPC achieves world-first CO2-to-methanol synthesis at Vindhyachal plant
NTPC has synthesised CO2 captured from flue gas with hydrogen produced from a PEM electrolyser to create methanol at its Vindhyachal plant. NTPC Chairman Gurdeep Singh, speaking at the company’s 50th Raising Day, highlighted that both the CO2 capture plant and the CO2-to-methanol plant are the first of their kind globally, a historic advancement in…
IREDA sanctions Rs 1,134 crore loan for Insolation Green’s solar cell plant
Indian Renewable Energy Development Agency Limited (IREDA) has approved a loan of Rs 1,134 crore for Insolation Green Energy, a wholly owned subsidiary, to develop a 4.5 GW solar cell manufacturing unit in Madhya Pradesh. The company said the total project cost is estimated at Rs 1,512 crore, of which IREDA will provide Rs 1,134…
A.P. Moller Capital to invest Rs 13.5 billion in renewable projects
A.P. Moller Capital has announced plans to invest up to Rs 13.5 billion in renewable energy projects being developed by Rays Power Infra Limited. The investment will be made through project-specific special-purpose vehicles. The funding is expected to catalyse at least Rs 52 billion in total project capital expenditure. According to the company, the investment…
Adani Energy reports higher order book, smart meter growth in Q3 FY26
Adani Energy Solutions Limited (AESL) has released its provisional operational update for the third quarter of fiscal year 2026 (Q3 FY26), reporting a sharp expansion in its transmission order book, stable network performance, and steady progress in its smart metering business. During the quarter, AESL secured the KPS III Khwada South Olpad High Voltage Direct…
Powergrid to raise Rs 60 billion via 10-year bonds
Power Grid Corporation of India Limited (Powergrid) has received approval to raise up to Rs 60 billion through its 81st bond issue via private placement. The decision was cleared by the company’s Committee of Directors for Bonds on April 4, 2025. The bonds—named POWERGRID Bonds–LXXXI (81st Issue) 2025–26—will be unsecured, non-convertible, non-cumulative, redeemable, and taxable….
