Search result for 'renewable power'

JSW Neo Energy Acquires O2 Power Entities: CCI Approval

March 17, 2025 22:07

JSW Neo Energy gets CCI approval to acquire 100% stake in O2 Power Midco Holdings and O2 Energy SG, expanding its renewable energy portfolio by 4,696 MW.

India's Deal Activity Surges to Record USD 7.2 Billion in February

March 15, 2025 10:02

India's deal activity reached a record high of USD 7.2 billion in February, driven by domestic deals and strong PE investments. Grant Thornton Bharat's Dealtracker report highlights key trends and...

ONGC-NTPC Green Acquires Ayana for Rs 19,500 cr - CCI Approves Deal

March 11, 2025 18:30

The Competition Commission of India (CCI) has cleared ONGC-NTPC Green's acquisition of Ayana Renewable Power for Rs 19,500 crore. This deal marks the second largest in the renewable energy space.

Brookfield Sells 1.6GW Renewable Assets to Gentari in India

March 5, 2025 12:48

Brookfield Asset Management has sold a 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables. The sale is structured in two phases, with the first phase, comprising 1 GW of...

Naveen Jindal Group Acquires Bhadreshwar Vidyut for Rs 500 cr

March 3, 2025 17:39

Jindal Power to acquire Bhadreshwar Vidyut for Rs 500 crore, adding 300 MW to its thermal power portfolio, expanding its presence in Gujarat and bolstering its power generation capacity.

Adani Green Refinances Construction Facility with USD 1.06 Billion Loan

March 3, 2025 10:33

Adani Green Energy has refinanced its initial construction facility with a USD 1.06 billion long-term loan, securing financial stability and aligning with its growth goals. The refinancing facility...

Servotech & CIMSME to Install 1 Lakh Rooftop Solar Systems by 2026

February 27, 2025 17:28

Servotech and CIMSME have partnered to install 100,000 rooftop solar systems in India by 2026 under the PM Surya Ghar Muft Bijli Yojana. The initiative aims to make solar energy accessible to all...

Madhya Pradesh Bags Record Rs 30.77 Lakh Cr Investment

February 25, 2025 17:54

Madhya Pradesh has secured a record Rs 30.77 lakh crore in investment commitments at its two-day investor summit, with major players like Adani, Reliance and NTPC making significant pledges.

Tata Group to Invest in Electronics & Green Energy in Assam

February 25, 2025 12:48

Tata Group chairman Natarajan Chandrasekaran announced investments in electronics manufacturing and green energy in Assam, highlighting the group's commitment to the state.

India's 500 GW Renewable Energy Goal at Risk: Report

February 25, 2025 02:01

India's ambitious 500 GW renewable energy target by 2030 may be jeopardized due to rising capital costs and project delays, warns a new report. Read more about the potential impact on India's...

Railways to Achieve 100% Electrification by FY26: Ashwini Vaishnaw

February 24, 2025 14:45

Indian Railways targets 100% electrification by FY26 and aims to achieve net zero by 2030. Minister Ashwini Vaishnaw highlights progress in renewable energy usage and new rail projects in Madhya...

Servotech & Watt & Well Partner for EV Charger Components in India

February 19, 2025 19:52

Servotech Renewable Power System Ltd and Watt & Well have partnered to develop and manufacture EV charger components in India. The collaboration aims to boost the 'Make in India' initiative and...

Waaree Energies Wins 362.5 MWp Solar Module Order

February 19, 2025 17:25

Waaree Energies has secured a major order to supply 362.5 MWp of solar PV modules to a domestic entity for renewable energy projects in India. The order is expected to be fulfilled in FY26.

ONGC NTPC Green Acquires Ayana Renewable for Rs 19,500 Crore

February 12, 2025 18:58

ONGC NTPC Green has acquired a 100% stake in Ayana Renewable Power for Rs 19,500 crore, expanding its renewable energy portfolio to 4.1 GW. The acquisition strengthens India's transition to a...

ONGC-NTPC JV Acquires Ayana Renewable in USD 2.3 Billion Deal

February 12, 2025 18:44

ONGC and NTPC's joint venture acquires renewable energy firm Ayana for USD 2.3 billion, marking a significant step in India's clean energy transition.

ONGC, Tata Power to Collaborate on Battery Storage Solutions

February 12, 2025 16:41

ONGC and Tata Power Renewable Energy Ltd have signed an MoU to explore collaboration in the Battery Energy Storage System (BESS) value chain, aiming to enhance India's energy security through...

Budget Boosts Renewable Energy: Experts

February 4, 2025 15:25

India's budget focuses on energy sector, benefiting renewable energy with investments and raw material security, experts say.

India Budget 2025: Clean Energy Focus, Experts React

February 2, 2025 16:26

Experts hail India's Budget 2025, highlighting investments in clean energy, nuclear mission, critical minerals and EV infrastructure as key steps towards a sustainable future.

GMDC Q3 Profit Surges 26% to Rs 148 Cr

January 31, 2025 18:30

Gujarat Mineral Development Corporation (GMDC) reported a 26.3% rise in consolidated profit to Rs 147.66 crore for the December quarter, driven by increased revenue. The company is a leading mining...

L&T Shares Surge Over 4% on Strong Q3 Earnings

January 31, 2025 16:50

Larsen & Toubro (L&T) shares closed over 4% higher on Friday after the company reported a 14% rise in consolidated profit for the December quarter.

L''T Shares Surge 5% After Strong Earnings

January 31, 2025 09:56

Larsen ''Toubro (L''T) shares jumped nearly 5% on Friday after the company reported a 14% rise in profit for the December quarter, driven by strong revenue growth and record order bookings.

L''T Profit Surges 14% to Rs 3,359 Cr in Q3

January 30, 2025 20:48

Larsen ''Toubro (L''T) reported a 14% rise in profit to Rs 3,359 crore for the December quarter, driven by higher revenue and record order inflow. The company's order book is at a record high.

L''T Q3 Profit Rises 14% to Rs 3,359 cr - Business News

January 30, 2025 17:41

Larsen ''Toubro (L''T) reported a 14% rise in consolidated profit after tax (PAT) at Rs 3,359 crore for the December quarter, driven by higher revenue.

Andhra Pradesh Approves Rs 44,776 Cr Projects, Focus on Clean Energy

January 30, 2025 17:03

Andhra Pradesh investment board approves Rs 44,776 crore worth of projects, largely in clean energy, creating 19,580 jobs. The state aims for 160 GW renewable energy.

HMPL Enters Renewable Energy with 1.2 GW Solar Project in Maharashtra

January 28, 2025 18:42

Hazoor Multi Projects Ltd (HMPL) has announced its entry into the renewable energy sector with a 1.2 GW solar park in Maharashtra, aiming to generate clean energy and reduce carbon emissions.

Avaada Invests Rs 20,700 Cr in Odisha Green Projects

January 28, 2025 18:36

Avaada Group announces Rs 20,700 crore investment in Odisha for renewable energy projects, including floating solar and pumped storage, during the Make in Odisha Conclave 2025.

Enfinity Global Secures Connectivity for 2GW Solar & Wind Projects in India

January 28, 2025 15:00

Enfinity Global secures transmission for 2GW of solar and wind projects across Rajasthan, Uttar Pradesh, Maharashtra and Karnataka, powering 4.7 million households.

Jindal India Renewable Energy Targets 5 GW Capacity Through Acquisitions

January 23, 2025 15:51

Jindal India Renewable Energy (JIRE) is actively seeking acquisitions to expand its portfolio to 5 GW within the next four years. The company is looking to acquire operational assets both...

Avaada Group Secures Rs 8,500 Crore for 9 Renewable Energy Projects

January 22, 2025 14:59

Avaada Group secures Rs 8,500 crore in financing for 9 renewable energy projects, including solar, agri-PV, and green hydrogen initiatives. The funding comes from leading banks and financial...

Andhra CM Meets Bill Gates, Global Execs in Davos

January 22, 2025 11:03

Andhra Pradesh CM N Chandrababu Naidu to meet Bill Gates and global executives at the World Economic Forum in Davos, Switzerland, to discuss investment opportunities and promote 'Brand Andhra'.

Mahindra Susten Approved for Climate Targets by SBTi

January 21, 2025 19:07

Mahindra Susten has received SBTi approval for its near-term climate commitments, including a 51.8% reduction in Scope 1 and 2 GHG emissions by FY30. The company is committed to aligning its...

Waaree Energies Wins 180 MWp Solar Module Order

January 20, 2025 17:06

Waaree Energies has secured a 180 MWp solar module order from a renewable power project developer in India. The modules will be supplied in FY 2025-26.

BrightNight Commissions 115 MW Hybrid Renewable Project in Maharashtra

January 14, 2025 12:39

BrightNight has commissioned the first phase of its 115 MW hybrid renewable power project in Maharashtra, its first in India. The project is one of the first co-located wind-solar projects in the...

Carlyle Acquires 68.9% Stake in Roop Automotives: CCI Approval

January 7, 2025 20:22

US-based investment firm Carlyle gets CCI approval to acquire a 68.9% stake in Indian auto component manufacturer Roop Automotives Ltd. The deal involves inter-connected steps including securities...

Sterlite Grid Raises Rs 2,450 Cr for MUML Project

January 6, 2025 14:11

Sterlite Grid 32 Ltd secures Rs 2,450 crore through listed NCDs to refinance its Mumbai Urja Marg Ltd project, strengthening India's green energy infrastructure.

Waaree Energies Secures 150 MWp Solar Module Order

January 2, 2025 12:49

Waaree Energies has secured a 150 MWp order for solar modules for a major renewable project in India. The order includes high-efficiency Glass N-type Topcon bifacial modules.

Dumbur Hydroelectric Plant Revival: NHPC Study in Tripura

December 30, 2024 10:48

NHPC conducts a study to revive the Dumbur hydroelectric project in Tripura, aiming to increase power generation capacity and meet the state's Renewable Power Obligation.

REC Forms Arm for Renewable Power Evacuation in Madhya Pradesh

December 25, 2024 19:28

REC has formed a subsidiary, Rajgarh III Power Transmission Limited, to evacuate power from renewable energy projects in Madhya Pradesh. The company will be transferred to the successful bidder...

BPCL to Build New Refinery in Andhra Pradesh

December 25, 2024 11:55

BPCL has selected Andhra Pradesh for its latest greenfield refinery project, aiming to meet India's growing fuel demand. The refinery, estimated at Rs 6,100 crore, is part of BPCL's ambitious...

BPCL to Build New Refinery in Andhra Pradesh

December 24, 2024 19:29

Bharat Petroleum Corporation Ltd (BPCL) has selected Andhra Pradesh for a new oil refinery and petrochemical complex, aiming to meet growing fuel demand in India.

Servotech Rebrands to Servotech Renewable Power System

December 19, 2024 17:00

Servotech Power Systems rebrands as Servotech Renewable Power System Ltd, reflecting its commitment to renewable energy solutions and a sustainable future.

Hindustan Zinc Aims for 70% Renewable Energy by 2027

December 18, 2024 21:42

Hindustan Zinc plans to increase its renewable energy contribution to over 70% of its total power needs by 2027, aiming for net zero emissions by 2050. The company is expanding its renewable power...

Waaree Energies Secures 400 MW Solar Module Orders

December 16, 2024 15:08

Waaree Energies has secured two solar module supply orders totaling 398 MW for projects in India. The orders include the company's high-efficiency Glass N-type Topcon modules, scheduled for...

Ambuja Cements Launches 200 MW Solar Project in Gujarat

December 13, 2024 19:50

Ambuja Cements, part of Adani Group, commissions a 200 MW solar power project in Gujarat to power 20 cement plants. The project is part of the company's plan to achieve net-zero emissions by 2050.

Blackstone Acquires Stakes in Bagmane Group: CCI Approval

December 10, 2024 22:20

CCI approves Blackstone's acquisition of stakes in Bagmane Developers and Bagmane Rio, marking a significant move in the Indian real estate sector.

BrightNight Invests Rs 15k cr in Rajasthan RE

December 10, 2024 18:47

BrightNight plans to invest Rs 15,000 crore in Rajasthan to develop renewable energy capacity, adding 2 GW of hybrid power and creating 5,000 jobs.

Waaree Energies Shares Surge on Solar PV Module Order - Business News

December 10, 2024 12:14

Waaree Energies shares climbed over 7% after securing a 1 GW solar PV module order from a domestic renewable energy company. The order will be supplied in FY25 and FY26.

Avaada Group Invests Rs 1 Lakh Cr in Rajasthan

December 9, 2024 17:00

Avaada Group commits Rs 1 lakh crore investment in Rajasthan to transform the state into the world's largest renewable energy hub, creating millions of jobs.

Waaree Energies Wins 1 GW Solar PV Module Order

December 9, 2024 15:26

Waaree Energies secures a significant order to supply 1 GW of solar PV modules to a domestic renewable energy firm. The supply is scheduled to commence in FY 2024-25 and FY 2025-2026.

Suzlon Secures 302 MW Wind Project from Jindal Renewables

December 4, 2024 13:51

Suzlon Group has secured a repeat order of 302.4 MW wind project from Jindal Renewables in Karnataka, bringing the total capacity from the customer to 702.4 MW.

Waaree Energies Secures 524 MW Solar Module Orders

December 2, 2024 18:36

Waaree Energies, a leading solar energy company in India, has secured two solar module supply orders totaling 524 MW. The supply will begin in FY24-25 and continue till FY25-26.

O2 Power Supplies 100 MW to East Central Railways

December 2, 2024 15:07

O2 Power has signed a PPA with East Central Railways to supply 100 MW of renewable energy, contributing to the railways' decarbonization goals and India's net-zero emissions target.

India Needs Testing Facilities for Energy Storage: NITI Aayog

November 28, 2024 18:37

NITI Aayog member V K Saraswat calls for nationally accredited testing facilities for battery energy storage systems in India to support its clean energy transition goal. He emphasizes the need for...

Avaada Group to Invest Rs 5,800 Cr in Rajasthan Hydropower Project

November 22, 2024 15:02

Avaada Group will invest Rs 5,800 crore to develop a 1200 MW pumped hydropower storage project in Rajasthan, aiming to enhance grid stability and energy security.

Waaree Energies Q2 Profit Up 17% to Rs 375.6 cr - Business News

November 18, 2024 20:43

Waaree Energies reported a 17% rise in Q2 net profit to Rs 375.6 cr, driven by higher income. The board approved a Rs 600 cr investment for renewable energy projects.

Reliance Group Sets Up Center for 2030 Growth Strategy

November 17, 2024 15:20

Anil Ambani's Reliance Group launches the Reliance Group Corporate Centre (RGCC) to guide its companies towards a 2030 growth strategy, focusing on new opportunities, technological advancements,...

Equinix & CleanMax Partner for 33MW RE Projects in Maharashtra

November 14, 2024 13:56

Equinix and CleanMax join forces to develop 33 MW renewable energy projects in Maharashtra, India, aimed at powering data centers and reducing carbon footprint.

Orient Green Power Q2 Profit Down 11% to Rs 66.46 cr

November 11, 2024 15:35

Orient Green Power Ltd reported a consolidated net profit of Rs 66.46 crore in Q2 FY25, down 11% YoY. Total income rose to Rs 126.13 crore.

ACME & Hexa Win FDRE Projects: NTPC Auction Results

November 7, 2024 13:55

ACME Solar Holdings and Hexa Climate Solutions have won bids for 400 MW and 300 MW FDRE projects respectively, in an NTPC auction for 760 MW.

DCM Shriram Q2 Net Profit Jumps 95% on Strong Sales

October 30, 2024 21:00

DCM Shriram Ltd. reported a 95.16% rise in Q2 FY24-25 net profit to Rs 62.92 crore, driven by strong sales. The company also announced investments in renewable energy and aluminium projects.

Shree Renuka Sugars Narrows Net Loss in Sep Qtr - PTI

October 28, 2024 20:22

Shree Renuka Sugars reported a consolidated net loss of Rs 22.3 crore in the quarter ended September, a significant improvement from the previous year's loss of Rs 204.9 crore. The company's total...

Brookfield Properties Supplies Green Power to Delhi-NCR Campuses

October 21, 2024 16:39

Brookfield Properties will power its Delhi-NCR campuses with renewable energy sourced from a solar project in Bikaner, Rajasthan, reducing CO2 emissions by over 20,000 tonnes annually.

Vedanta to Invest Rs 1 Lakh Cr in Rajasthan: Zinc, Oil & Gas, Renewables

October 19, 2024 19:20

Vedanta plans to invest over Rs 1 lakh crore in Rajasthan across zinc, oil & gas, and renewable energy, creating over 2 lakh jobs and boosting economic development.

Hindustan Zinc Q2 Profit Surges 34.5% to ₹2,327 Crore

October 18, 2024 16:19

Hindustan Zinc reported a 34.5% rise in net profit to ₹2,327 crore for the quarter ended September 30, 2024, driven by higher income and strong metal prices. The company also announced plans to...

Hindustan Zinc Q2 Profit Up 34.5% to Rs 2,327 Crore

October 18, 2024 15:10

Hindustan Zinc's net profit surged 34.5% to Rs 2,327 crore in Q2 FY25, driven by higher income. The company also announced a Rs 327 crore investment in renewable energy.

Avaada Group to Invest Rs 1 Lakh Cr in Rajasthan Renewable Energy

October 1, 2024 16:10

Avaada Group announces Rs 1 lakh crore investment in Rajasthan for green energy projects, including pumped hydro storage, green ammonia, wind, and solar power.

Ajax Engineering Files IPO: Kedaara Capital Backed

October 1, 2024 13:01

Kedaara Capital-backed concrete equipment maker Ajax Engineering has filed IPO papers with SEBI. The IPO is an offer-for-sale (OFS) of 2.28 crore equity shares by promoters and investors. The...

Apraava Energy Wins Rajasthan Transmission Project

September 24, 2024 14:51

Apraava Energy secures a new interstate transmission project in Rajasthan, involving 200 km of 400 kV and 765 kV transmission lines, to facilitate the evacuation of 5.5 GW of renewable power.

IGREL Renewables Raises Rs 300 Crore for Renewable Energy Expansion

September 18, 2024 09:35

INOXGFL Group's renewable energy platform, IGREL Renewables, has raised Rs 300 crore from investors to expand its wind and solar capacity to 2 GW by FY27.

Adani Wins 6,600 MW Maharashtra Power Bid: Rs 4.08/unit Tariff Beats JSW, Torrent

September 15, 2024 13:17

Adani Group wins Maharashtra's 6,600 MW power tender with a bid of Rs 4.08 per unit, beating JSW and Torrent. The project includes 5 GW solar and 1,496 MW thermal power.

Adani Wins 6,600 MW Maharashtra Power Bid: Rs 4.08/unit Tariff Beats JSW, Torrent

September 15, 2024 10:59

Adani Group has secured a 25-year contract to supply 6,600 MW of electricity to Maharashtra, beating competitors with a Rs 4.08/unit tariff. The bundled renewable and thermal power deal includes...

Brookfield Backed DIT Now India's Largest Mobile Tower Firm

September 12, 2024 19:06

Data Infrastructure Trust (DIT), backed by Brookfield, acquires ATC India's operations, becoming the largest mobile tower company in India with a portfolio of 257,000 telecom sites.

Sunsure Energy Supplies 21 MW Solar Power to Lupin

September 12, 2024 16:48

Sunsure Energy has partnered with Lupin to supply 21 MW solar power to their Tarapur facility, marking a significant step in the pharmaceutical company's commitment to renewable energy.

India's Renewable Energy Goals Face Land, Climate Challenges

September 10, 2024 18:42

A new study reveals significant challenges to India's renewable energy goals, including land availability, population density, and climate risks.

Azure Power Prepays USD 310 Mn Green Bonds - Renewable Energy News

September 9, 2024 15:08

Azure Power announces prepayment of USD 310 million green bonds maturing in December 2024. The refinancing, underwritten by REC Limited, is backed by seven utility projects across India.

Adani Green Redeems USD 750 mn Bonds, Deleveraging Business

September 9, 2024 09:40

Adani Green Energy Ltd has redeemed USD 750 million worth of bonds, deleveraging its business and achieving a three-fold capacity increase. The move follows a January announcement of a plan to...

BPCL Plans New Refining ''Petrochemical Complex in 5-7 Years

August 30, 2024 16:34

BPCL plans to build a new refining and petrochemical complex in India to meet growing energy demand. The company also outlined its investments in green energy and EV infrastructure.

Reliance to Commission First Solar Giga-Factory This Year

August 29, 2024 15:40

Reliance Industries plans to commission its first solar giga-factory this year, including PV modules, cells, wafers, and more, as part of its green energy push.

India Needs to Develop Own Infrastructure: Pralhad Joshi

August 22, 2024 18:21

Union Minister Pralhad Joshi emphasizes the need for India to develop its own infrastructure and promote 'atma nirbharta' (self-reliance) in the EV sector, with plans for new testing facilities.

BC Jindal Group Invests USD 2.5 Billion in Renewable Energy

August 22, 2024 12:12

BC Jindal Group announces a USD 2.5 billion investment in renewable energy in India, establishing Jindal India Renewable Energy (JIRE) to generate 5 GW of power from solar, wind, and hybrid sources.

Brookfield to Invest in Andhra Pradesh's Renewable Energy Sector

August 21, 2024 12:11

Brookfield proposes a massive investment in renewable energy in Andhra Pradesh, focusing on wind and solar power, with plans to create thousands of jobs.

BPCL to Invest Rs 1.7 Lakh Cr in Expansion, Green Energy

August 18, 2024 10:52

BPCL plans to invest Rs 1.7 lakh crore over the next five years to expand its core business and foray into new areas like petrochemicals and green energy. The company aims to achieve net-zero...

Inox Wind Secures 51 MW Order from Everrenew Energy

August 13, 2024 10:36

Inox Wind has secured a 51 MW wind turbine equipment supply order from Everrenew Energy Private Ltd. The project will be executed in Tamil Nadu and includes multi-year operations and maintenance...

Reliance to Commission First Solar Giga-Factory in FY25

August 11, 2024 11:15

Reliance Industries plans to commission its first solar giga-factory in FY25 as part of its commitment to achieving net-zero carbon emissions by 2035. The factory will manufacture solar PV modules,...

KPI Green Energy Q1 Profit Doubles to Rs 66.11 Crore

August 8, 2024 13:33

KPI Green Energy reported a doubled net profit of Rs 66.11 crore in Q1 FY25, driven by higher revenue. The company also announced an interim dividend of 0.20 paisa per share.

TPEML & TPREL Partner for Rooftop Solar, EV Adoption

August 6, 2024 13:55

Tata Motors' TPEML and Tata Power Renewable Energy team up to accelerate adoption of rooftop solar systems and electric vehicles in India, promoting zero-emissions mobility.

Adani Energy Solutions Raises Rs 8,373 Crore via QIP

August 5, 2024 18:28

Adani Energy Solutions Limited (AESL) raises Rs 8,373.10 crore via qualified institutions placement to fund renewable energy infrastructure and improve energy efficiency.

JSW Energy Earns 'A' ESG Rating from MSCI

August 5, 2024 14:06

JSW Energy receives an 'A' rating in the latest MSCI ESG rating, highlighting its commitment to sustainability and renewable energy.

NLC India IPO for Clean Energy Expansion: Details

July 21, 2024 14:24

NLC India to raise funds via IPO for clean energy expansion, aiming for 6 GW renewable capacity by 2030. Details on subsidiary, asset transfer, and fund usage.

IOC Targets USD 1 Trillion Revenue by 2047

July 21, 2024 10:44

Indian Oil Corporation (IOC) aims to become a USD 1 trillion company by 2047, focusing on clean energy and traditional oil refining, as India's energy demand grows.

Hindustan Zinc Gets Renewable Power from Serentica

July 11, 2024 17:26

Hindustan Zinc has started receiving renewable energy from Serentica Renewables' 180 MW solar project, reducing its carbon footprint and increasing its sustainable energy mix.

Hindustan Zinc Leverages Serentica's Solar Power

July 11, 2024 17:25

Hindustan Zinc, a Vedanta group firm, has begun receiving renewable energy from Serentica Renewables, aiming to reduce carbon emissions and transition to sustainable operations.

Brookfield Invests USD 200 Million in Leap Green Energy

July 11, 2024 16:05

Brookfield acquires a majority stake in Leap Green Energy, a Tamil Nadu-based renewable energy company, with an initial investment of USD 200 million and plans to further invest USD 350 million....

NLC India Lignite Production Up 22% in Q1 | 61.7 Lakh Tonnes

July 2, 2024 21:41

NLC India Ltd (NLCIL) reported a 22.12% increase in lignite production to 61.72 lakh tonnes in Q1 FY24, driven by strong performance in coal and power generation.

Adani Group to Invest Rs 1.3 Lakh Cr in FY25

June 25, 2024 14:13

Adani Group plans to invest Rs 1.3 lakh crore across its portfolio companies in FY25, focusing on green energy, airports, and ports. This investment will be funded by internal cash generation and...

IFC commits USD 105 mn to Brookfield's Bikaner Solar Power project

June 17, 2024 16:37

IFC commits USD 105 million to Brookfield's 550 MW Bikaner Solar Power project in Rajasthan, boosting India's renewable energy capacity and supporting climate goals.

Brookfield, ALTERRA Launch Fund for Net-Zero Transition in Emerging Markets

June 13, 2024 14:50

Brookfield and ALTERRA have launched a fund to support companies' transition to net-zero in emerging markets, with a focus on India and Southeast Asia. The fund aims to catalyze up to USD 5 billion...

Cairn Oil & Gas Targets Net Zero by 2030

June 3, 2024 20:13

Cairn Oil & Gas, part of Vedanta Group, aims to achieve net zero emissions by 2030 through renewable energy, tree planting, and other initiatives.

Adani Group Reports Record 45% EBITDA Growth in FY24

June 2, 2024 13:29

Adani Group companies achieved a record 45% rise in EBITDA in FY24, driven by strong performance in core infrastructure businesses. The group also highlights its robust financial position and...

Shree Renuka Sugars Reports Q4 Loss on Higher Expenses

May 30, 2024 10:56

Shree Renuka Sugars Ltd reported a consolidated net loss of Rs 111.7 crore for the fourth quarter ended March 31, 2024, due to higher expenses. The company's total income rose to Rs 3,476.3 crore,...

GAIL Inaugurates 10 MW Green Hydrogen Plant in MP

May 26, 2024 13:17

GAIL (India) Ltd has commissioned its first green hydrogen plant in Madhya Pradesh, marking a major step in its foray into renewable energy. The plant will produce 4.3 tonnes of green hydrogen...

Hindalco Bids for Nickel-Cobalt Mines in India

May 24, 2024 17:17

Hindalco Industries is bidding for two nickel-cobalt mines in Maharashtra and Karnataka, focusing on domestic critical mineral resources for clean energy technologies.

Grasim Q4 Profit Rises 15.5% to Rs 2,721.8 Cr - Business Standard

May 23, 2024 10:45

Grasim Industries Ltd, the flagship of Aditya Birla Group, reported a 15.54% jump in consolidated net profit for the March quarter, driven by strong performance in cement and financial services.

IEX Q4 Profit Rises 9.5% to Rs 97 cr - Business News

May 16, 2024 10:34

Indian Energy Exchange (IEX) reported a 9.5% rise in Q4 FY24 profit after tax to Rs 97 cr, driven by higher income. Read more on IEX's financial performance.

KPI Green Energy to Raise Rs 1,000 Crore via QIP

May 13, 2024 14:46

KPI Green Energy's board approves a plan to raise up to Rs 1,000 crore through qualified institutional placement (QIP). The move is subject to shareholder approval.

Adani Enterprises to Invest Rs 80k Cr in FY25

May 12, 2024 10:57

Adani Enterprises plans to invest Rs 80,000 crore in FY25, with a focus on new energy businesses and airports. The investment will also include projects for roads, PVC, and data centers.

States Should Support Aluminium Decarbonization: Study

May 5, 2024 10:35

A study by CEEW recommends state support for aluminium industry decarbonization through renewable energy adoption, including open access charge waivers and right of way for transmission...

Indian Aluminum Industry Needs Rs 2.2 Lakh Crore for Net-Zero

April 30, 2024 18:17

A new study finds that India's aluminum industry requires an additional Rs 2.2 lakh crore (USD 29 billion) to reach net-zero carbon emissions by 2070. The study by CEEW highlights the need for...

Fitch Affirms Clean Renewable Power's USD 363mn Notes 'BB-' Rating

April 18, 2024 14:59

Fitch Ratings has affirmed Clean Renewable Power (Mauritius) Pte Ltd's USD 363 million senior secured notes a 'BB-' rating with stable outlook. The rating reflects the credit strengths and...

Vedanta Secures Rs 3,900 Cr Loan for Power Projects

April 15, 2024 18:05

Vedanta Ltd has secured a Rs 3,918 crore loan from PFC to expedite completion of its power projects, aiming to reach 4.8 GW capacity by FY27.

IndiGrid Operationalizes Greenfield Transmission Project in Beed, Maharashtra

April 2, 2024 13:59

IndiGrid has operationalized its first greenfield transmission project in Beed, Maharashtra, enabling evacuation of 1 GW of power from renewable energy projects in the area. The project is expected...

Sri Lanka-India Power Grid Link: USD 1.2 Billion Undersea Cable

March 5, 2024 17:12

Sri Lanka and India are discussing a USD 1.2 billion undersea transmission line to connect their power grids, boosting energy security for Sri Lanka.

Adani Green Energy Operationalizes 448.95 MW Solar Project

March 5, 2024 15:41

Adani Green Energy subsidiary operationalizes 448.95 MW solar project at Khavda, Gujarat, increasing its total operational renewable generation capacity to 9,478 MW.

NTPC & UP Rajya Vidyut JV for Renewable Energy Projects

March 4, 2024 19:34

NTPC Green Energy and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited have partnered to develop renewable energy projects in Uttar Pradesh, aiming to meet the state's Renewable Generation Obligation.

Torrent Power Wins Rs 2,700 Cr Round-the-Clock Renewable Energy Project

March 1, 2024 19:13

Torrent Power secures a 25-year contract to provide 100 MW of round-the-clock renewable energy to REMCL, involving a 325 MW capacity of wind, solar, and battery storage.

NaBFID to Sanction Rs 3 Lakh Crore for Infra by 2026

February 29, 2024 22:10

NaBFID, India's infrastructure finance bank, aims to sanction Rs 3 lakh crore by March 2026 to support infrastructure development, including roads, renewable power, and city gas distribution.

Jakson Green Signs First Renewable Power Pact with SECI

February 29, 2024 19:49

Jakson Green, an energy transition platform, signs its first power purchase agreement with Solar Energy Corporation of India (SECI) for a utility-scale solar PV power project.

India M&A Deals Drop 10% in 2023: PwC

February 25, 2024 16:15

PwC India reports a 10% decline in M&A deals in 2023, reaching 793 deals. Despite the drop, average deal value rose, suggesting a shift towards larger opportunities. Read more.

Odisha Approves 27 New Industrial Projects Worth Rs 6,134 Crore

February 24, 2024 12:34

Odisha government approves 27 new industrial projects across sectors, including aluminium, renewable power, manufacturing, aerospace, and IT, with an estimated investment of Rs 6,134 crore and...

Odisha Approves 27 Industrial Projects Worth Rs 6,134 Crore

February 24, 2024 11:33

Odisha government approves 27 new industrial projects worth Rs 6,134 crore, creating employment for 42,275 people across sectors like aluminium, renewable power, manufacturing, and more.

Bangalore Airport Partners with CleanMax for Renewable Energy

February 22, 2024 19:32

Bangalore International Airport Limited (BIAL) signs a 25-year power purchase agreement with CleanMax for a 45.9 MW solar-wind captive power project, promoting sustainable energy usage and cost...

Avaada Launches Green Hydrogen Project in Odisha

February 14, 2024 17:21

Avaada Group has launched a green hydrogen project in Odisha, aiming to create 1,600 direct jobs and 4,000 indirect jobs. The project will produce green ammonia for export, contributing to net-zero...

Brookfield India REIT Distributes Rs 209 cr for Q3

February 12, 2024 18:25

Brookfield India Real Estate Trust reports 89% growth in net operating income and declares distribution of Rs 208.56 crore for the December quarter. Read more.

ONGC & NTPC JV for Offshore Wind Energy

February 7, 2024 18:44

ONGC and NTPC sign a joint venture agreement to develop offshore wind energy projects, expanding their renewable energy portfolio and collaboration.

Welspun Corp Q3 Profit Soars, Invests Rs 500 Cr in Middle East

February 6, 2024 17:11

Welspun Corp's Q3 profit jumped to Rs 294 crore, driven by strong operational performance. The company also announced a Rs 500 crore investment in a DI pipes facility in the Middle East.

India Energy Week 2024: Leaders Gather for Energy Security

February 5, 2024 18:18

India Energy Week 2024 brings together global energy leaders to discuss energy security, transition to cleaner fuels, and India's energy strategy.

Adani's Copper Plant: Boosting India's Metal Production

February 4, 2024 20:05

Adani Group's USD 1.2 billion copper plant in Mundra, Gujarat, aims to reduce India's dependence on imports and drive energy transition.

Adani's Copper Plant: Boosting India's Metal Production

February 4, 2024 11:32

Adani Group's USD 1.2 billion copper plant in Gujarat will reduce India's reliance on imports and support energy transition, boosting domestic metal production.

Adani Green Energy Q3 Profit Soars 148% to Rs 256 Crore

January 29, 2024 14:05

Adani Green Energy reported a 148% jump in Q3 net profit to Rs 256 crore, driven by higher revenues. The company's operational capacity grew to 8,478 MW, and energy sales increased by 59%.

Adani Green Energy Completes USD 750 Mn Bond Funding

January 29, 2024 13:30

Adani Green Energy has completed funding for its USD 750 million bonds, eight months ahead of maturity. The company secured funds through promoter preferential allotment, internal accruals, and...

ONGC Gets Govt Nod for Green Energy, Gas Unit

January 23, 2024 16:58

ONGC to set up a new subsidiary for gas business and clean energy projects, including green hydrogen, as part of its decarbonization strategy. The company plans to invest Rs 1 lakh crore in...

EVs Key to India's Low Carbon Future: DPIIT Secy

January 22, 2024 12:22

India aims to transition to a low-carbon economy with EVs playing a crucial role. Government initiatives like PLI schemes and charging infrastructure are driving adoption.

Reliance to Commission New Energy Giga Complex in 2024

January 21, 2024 15:38

Reliance Industries Ltd. to commission a new energy giga complex in Gujarat, India, in the second half of 2024, aiming to become a leader in the global renewable energy transition.

World Bank Chief Urges Urgency on Climate, Poverty Crises

January 18, 2024 22:05

World Bank President Ajay Banga calls for urgent action to address intertwined crises of climate change, poverty, and fragility at the World Economic Forum.

Mahindra Group & Ontario Teachers' Launch Renewable Energy InvIT

January 15, 2024 15:44

Mahindra Group and Ontario Teachers' have co-sponsored an InvIT, SEIT, holding 1.54 GW of renewable energy assets in India. The InvIT aims to drive growth in the sector.

Avaada Group to Invest Rs 40,000 Cr in Gujarat Renewable Projects

January 15, 2024 15:12

Avaada Group commits Rs 40,000 crore for 6 GW hybrid wind-solar projects in Gujarat, aiming to reduce carbon emissions and create jobs.

ENGIE to Invest Rs 17,200 Crore in Gujarat Renewable Projects

January 11, 2024 19:27

ENGIE plans to invest Rs 17,200 crore in Gujarat for 2.5 GW of renewable energy projects, creating 14,000 jobs and boosting the state's clean energy sector.

CBI Books Siemens Gamesa for Rs 191 Crore SJVN Loss

January 10, 2024 18:34

CBI has filed an FIR against Siemens Gamesa Renewable Power for alleged irregularities in setting up a wind power project in Ahmednagar, causing a Rs 191 crore loss to SJVN.

CBI Files FIR Against Siemens Gamesa for SJVN Loss

January 10, 2024 16:43

The CBI has filed an FIR against Siemens Gamesa Renewable Power and former SJVN officials for allegedly causing a Rs 191-crore loss to the PSU due to irregularities in a wind power plant installation.

Adani Green Energy Redeems USD 750 Million Bonds Early

January 8, 2024 16:58

Adani Green Energy has secured redemption of its USD 750 million bonds eight months ahead of maturity, boosting investor confidence in its financial health. The company secured the funds through a...

Brookfield Acquires ATC's India Biz for $2.5 Billion

January 5, 2024 10:59

Brookfield Asset Management's Data Infrastructure Trust (DIT) will acquire American Tower Corporation's Indian operations for $2.5 billion, expanding its telecom tower portfolio in India.

Brookfield Acquires ATC India for USD 2 Billion

January 5, 2024 09:33

Brookfield Asset Management's DIT will acquire 100% of American Tower's Indian operations for USD 2 billion, expanding its telecom tower portfolio in India.

SJVN Secures Rs 10,000 Cr for Renewable Energy Projects

December 29, 2023 18:11

SJVN Ltd has secured Rs 10,000 crore construction finance facility from leading banks to fund its upcoming renewable energy projects. This will help SJVN fast-track the development of its...

Total Invests $300 Million in Adani Green Energy JV

December 27, 2023 16:37

TotalEnergies invests $300 million in a joint venture with Adani Green Energy, increasing its stake in the Indian conglomerate's renewable energy portfolio.

Tamil Nadu Targets Big Investment at 2024 Global Investors Meet

December 26, 2023 14:43

Tamil Nadu aims to attract significant investments at its 2024 Global Investors Meet, showcasing industry-friendly policies and a vision to become a USD 1 trillion economy by 2030.

Suzlon Wins 193.2 MW Wind Energy Project in Gujarat

December 21, 2023 15:30

Suzlon Group has secured a contract from KP Group to develop a 193.2-MW wind energy project in Gujarat, adding to the state's renewable energy portfolio. The project will utilize 92 units of...

ING Accelerates Fossil Fuel Exit After COP28 Deal

December 20, 2023 18:19

Dutch bank ING announces faster phase-out of fossil fuel funding and increased renewable energy investments following COP28 climate agreement.

Ambuja Cements to Invest Rs 6,000 Cr in Renewable Energy by FY26

December 18, 2023 12:09

Ambuja Cements, owned by Adani Group, will invest Rs 6,000 crore in 1,000 MW renewable power projects by FY26, aiming for 60% green power share in its energy consumption.

Suzlon Wins 100.8 MW Wind Project in Gujarat

December 15, 2023 15:38

Suzlon secures a 100.8 MW wind energy project in Gujarat, supplying clean energy to 77,000 households and reducing CO2 emissions.

COP28: Adani Pushes for Balanced Energy Approach

December 5, 2023 16:39

Gautam Adani advocates for a balanced energy strategy at COP28, emphasizing energy costs and availability while accelerating green ambitions. India's energy mix and renewable energy goals are...

Waaree Energies to Supply 200 MW Solar PV Modules to IRCON

December 5, 2023 16:25

Waaree Energies will supply over 200 MW of solar PV modules to IRCON Renewable Power for a 500 MW grid-connected solar PV project in Pavagada, Karnataka.

Adani Green Energy Secures USD 1.36 Billion Funding

December 5, 2023 11:04

Adani Green Energy has secured USD 1.36 billion in funding from a consortium of international banks to develop the world's largest renewable energy park in Gujarat.

HUL Partners Brookfield for 45 MW Solar Park in Rajasthan

December 1, 2023 19:35

Hindustan Unilever Ltd (HUL) partners with Brookfield to set up a 45 MW solar energy park in Rajasthan, aiming for net zero emissions. The partnership will provide green energy to HUL and its...

Tata Power Wins 200 MW FDRE Project - Renewable Energy

November 28, 2023 18:57

Tata Power Renewable Energy secures a 200 MW firm and dispatchable renewable energy (FDRE) project from SJVN Ltd, adding to its growing portfolio of renewable energy projects.

Hinduja Renewables Wins 250MW Solar Project in India

November 6, 2023 21:17

Hinduja Renewables has secured a 250MW solar project in India through a tariff-based competitive bidding process conducted by NHPC. The project aims to reduce carbon emissions significantly.

Thermal Power Crucial Till 24/7 Renewable Energy: R K Singh

November 6, 2023 20:05

Union Power Minister R K Singh emphasizes the continued role of thermal power until round-the-clock renewable energy is available, citing rising power demand and the intermittent nature of...

Adani Energy Solutions Q2 Profit Surges 46% to Rs 284 Crore

November 6, 2023 17:19

Adani Energy Solutions reported a 46% rise in consolidated net profit to Rs 284 crore for the September quarter, driven by higher revenues and customer additions. Read more.

Indian Energy Exchange Profit Jumps 21% to Rs 86 Cr in Q2

November 2, 2023 16:50

Indian Energy Exchange (IEX) reported a 21% rise in net profit to Rs 86.46 crore in the September quarter, driven by higher revenues and trading volumes.

Tata Steel Reports Rs 6,511 Crore Net Loss in Q2 - PTI

November 1, 2023 22:13

Tata Steel reported a consolidated net loss of Rs 6,511.16 crore in Q2, with crude steel production falling to 7.31 MT. The company also announced plans for decarbonization projects in the UK and...

Company Name
Price
Volume

Vodafone Idea L
7.62 (+ 4.96)
103031030

GTL Infrastructure
1.53 (+ 1.32)
21582832

Guj. Toolroom Lt
1.72 (+ 3.61)
13450663

Jaiprakash Power Ven
14.97 (+ 2.18)
13128177

Standard Capital
0.56 ( -1.75)
13006780

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