Waaree Renewable Technologies Expects A Likely Rise Of Orders From PSUs

Waaree Group’s EPC arm, Waaree Renewable Technologies Limited, is now anticipating a rise in opportunities for solar developers in India in the coming days. This is likely to see a transition of the order books of the developers, the top management opined in a recent investors call.  Dilip Panjwani, Chief Financial Officer (CFO) of Waaree […]

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Buoyed With Higher Wind Capacity Additions In FY24, Suzlon Sees Bright Days Ahead

Bolstered by the surged capacity additions of wind energy in 2023-24, Indian wind energy firm Suzlon is anticipating higher industry growth in India in the next two financial years. The firm’s top management shared this information during its latest investor call, which was held to discuss the Q3 results of FY24. The latest investors call […]

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Gensol Acquires Majority Stake In Solar Tracker Firm Scorpius

Gensol Engineering has now announced acquiring a majority stake in Scorpius Trackers, a single-axis solar tracker company. In its latest self-disclosure before the Bombay Stock Exchange (BSE), the company has announced the acquisition of  54.38 percent shares of Scorpius and voting rights in the company. Gensol Engineering Limited is a part of the Gensol group of […]

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After BSE, Waaree Renewable Considers Plans For Listing In NSE

Indian solar EPC and O&M player Waaree Renewable Technologies is now mulling the listing of its company at the National Stock Exchange (NSE). It is already listed under the Bombay Stock Exchange (BSE). The company management shared the information during its recent investors call. The firm recently updated the details of the investors’ call to […]

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JSW Energy Sees 35% Rise In RE Generation, 48% Plunge In PAT In Q1

JSW Energy Limited, in its latest announced Q1 results for FY24, claimed that its total renewable energy generation increased by 35 percent on a Year-on-Year (YoY) basis. The financial results for the quarter also state that it witnessed a decrease in total revenue and Profit After tax (PAT).   As per the details shared by the firm […]

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As Adani Shares Drop, How Will It Impact Group’s Green Plans

Shares of the Adani Group have been ambushed over the past week, dropping upto 40% in some cases. The report on the group by US based short seller Hindenberg research, a firm specialising in short selling shares with detailed public reports on their thesis, has done serious damage, coming as it did just before a […]

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KEC International Adds To Order Book, Including 500 MW Solar Project

After it won new orders worth ₹1,313 crore across its various verticals, manufacturer of electric power transmission towers, KEC International, saw its shares surge at 7 per cent to Rs 501 on the BSE. The new orders have augmented the firm’s year to date order intake to more than Rs 13,000 crore. With such strong […]

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Hindustan Zinc to Take 26% Stake in Group Firm Serentica Renewables for Rs 350 Crore

Hindustan Zinc has revealed in a regulatory filing before the Bombay Stock Exchange (BSE) that it has signed a power delivery agreement with Serentica Renewables India 4 Pvt Ltd for the delivery of renewable power to the company on a long-term basis. Hindustan Zinc is a Vedanta group company. Serentica Renewables is a special purpose […]

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PFC Closes Rs 5000 Crore Bonds Issue 11 Days Ahead of Schedule

The first Rs 5000 crore NCDs issue of PFC was subscribed close to nine times and closed for subscription 11 days ahead of the schedule The Power Finance Corporation’s (PFC) first Rs 5000 crore taxable non-convertible debentures (NCDs) issue was subscribed close to nine times on January 18, 2021, and closed for subscription 11 days […]

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