Waaree Energies Limited has secured an order to supply up to 600 MWp of solar photovoltaic (PV) modules to a leading Indian renewable energy developer.
The delivery of these high-efficiency modules is scheduled to commence in the fiscal year 2025–2026.
Recently, Waaree secured a 180 MWp module supply agreement.
Amrut Energy has secured Rs 1 billion in funding from private equity investors to enhance its manufacturing capabilities and expand operations in underserved regions. The Ahmedabad-based company specializes in solar-powered water pump systems, which help farmers access free and reliable electricity for irrigation. The investment will be used to strengthen research and development, improve production…
Techno Electric & Engineering Company Ltd has received a letter of intent from RailTel Corporation of India to develop a 10 MW data centre in Noida, Uttar Pradesh. The facility will be built on RailTel-owned land. The award is subject to conditions outlined in the letter of intent and will proceed upon signing of a…
Kansai Electric Power’s transmission and distribution subsidiary has invested about Rs 160 crore to acquire a 10% equity stake in Gurugram-based OMC Power. The transaction adds another Japanese corporate investor to the company’s shareholder base, taking the total to four. The investment follows earlier stakes by Mitsui & Co, Chubu Electric Power, and Honda Motor…
Rajesh Power Services Limited (RPSL) has secured turnkey orders worth Rs 653.12 crore, including taxes, from Paschim Gujarat Vij Company Limited (PGVCL) for underground power distribution works in Gujarat. The contracts involve converting existing 11 kV high tension (HT) and low tension (LT) overhead distribution networks into underground cable systems with Ring Main Systems (RMS)….
Power Grid Corporation of India Limited (POWERGRID) has announced that 50 per cent of its operational energy requirement is now being met through renewable energy sources. The company reported this sustainability milestone in a disclosure to the stock exchanges. According to the intimation, the state-owned power transmission utility stated that it has achieved 50 per…
Waaree Renewables Technologies Limited reported a net profit of Rs 0.53 billion for the quarter ending December 2024, a 17.18% decrease compared to Rs 0.64 billion in the same quarter last year. The company’s total income rose by 11.66% to Rs 3.64 billion during the quarter, up from Rs 3.25 billion in the corresponding period…