India

Green Stocks Mar 18: Memories Of The Good Old Days

As the markets rebounded strongly today, it was all green for our green energy pack as well. As we have been stating, it was a combination of value buying and reduced selling pressure that drove up interest today. Investor favorites like Shakti Pumps (up 5% at UC) gained strongly, while out of favor Gensol was […]

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GP Eco Solutions Secures Multiple Solar Projects From UPNEDA

Noida-based solar and storage solutions firm GP Eco Solutions India received a Letter of Award (LoA) from the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for multiple solar projects. While announcing the recent win in a regulatory filing, the company stated, “GP Eco Solutions has secured the Letter of Award (LoA) from the […]

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BHEL Set To Build 1.2 GW Solar Project At Khavda, Issues Tender

Gujarat is set to host another project led by Bharat Heavy Electricals Limited’s (BHEL) solar division. The project included selecting contractors for developing and commissioning the project, which consists of a 4×300 MW Khavda Solar PV plant. This would take the total capacity for the project to 1.2 GW.  The tender also involves setting up […]

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Insolation Energy Secures Rs. 372.20 Crores From RREC & Teerth

Jaipur-based Insolation Energy has received a combined order worth ₹372.20 crore from Rajasthan Renewable Energy Corporation Limited (RREC) and Teerth Gopicon. The project is expected to be completed by the financial year 2025-26. While sharing an update about its recent rooftop solar project order from RREC, the company stated in a regulatory filing, “We have […]

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Ayana Renewable To Raise Rs 150 Cr From IL&FS Mutual Fund

Renewable energy company, Ayana Renewable is set to raise Rs 150 crore (approximately $17.4 million) in debt from IL&FS Mutual Fund. This funding comes just a month after the company signed a share purchase agreement with the ONGC-NTPC Joint Venture. The board at Ayana Renewable has passed a special resolution to issue 1,500 non-convertible debentures […]

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EG Solwin, Welspun, NLC, & Adani Bag NTPC’s 1.2 GW Hybrid Projects

NTPC has awarded 1.2 GW of wind-solar hybrid power projects to EG Solwin Renewable for 300 MW, Welspun Renewable Energy 250 MW project, NLC India 450 MW hybrid project, and Adani Renewable Energy secured 600 MW project. The tender allocated the project to EG Solwin, Welspun Renewable Energy, and NLC India at the lowest tariff […]

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Green Stocks March 17: Mixed Day For Green Stocks

On a day when the mid-cap and small-cap cohorts moved in opposite directions, green energy stocks reflected this dichotomy as well. Be it manufacturers (Waaree Energies, Premier Energies), EPCs (Waaree RTL, Sterling, and Wilson Solar, or developers like NTPC Green or Acme Solar, it was a day for surrendering whatever small gains they had made […]

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RMC Switchgears Gets 50 MW Rooftop Project For Solar Initiatives

Rajasthan-based RMC Switchgears has received a Letter of Acceptance (LoA) from the Rajasthan Government for a 50 MW rooftop solar project. The installations will be spread across state government buildings in Jaipur and Dausa. Project Scope and Financials Under the contract, RMC Switchgears will be responsible for the design, supply, erection, and commissioning of rooftop […]

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AP Offers 25% Subsidy For Solar and Wind Energy Manufacturing

Andhra Pradesh (AP) has released operational guidelines for implementing its clean energy policy. These guidelines cover key aspects such as approvals, resource allocation, land allotment, incentives, and statutory clearances. To streamline the approval process, NREDCAP will be required to create a Unified/Single Desk Portal. Through this portal, the government can allocate resources and facilitate the […]

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