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AGEL to issue shares worth Rs 3,850 cr to Green Energy Invt Holding

Adani Green Energy Ltd’s (AGEL) management committee on Thursday approved the allotment of two crore equity shares for Rs 3,850 crore to Green Energy Investment Holding RSC Ltd. “Management committee of the Company, at its meeting held today approved allotment of the equity shares of Company by way of the private placement on a preferential issue […]

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Adani Green raises Rs 612 cr to refinance debts pertaining to solar projects

Adani Green Energy (UP) Ltd, Prayatna Developers Pvt Ltd and Parampujya Solar Energy Pvt Ltd – three subsidiaries of Adani Green Energy Ltd – that collectively house 930 MW of operational solar power projects, have raised Rs 612.30 cr by their maiden domestic bond issuance. This has been done on a private placement basis. The […]

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SaurEnergy Explains: How Grid-Forming Inverters Are Powering RE Grids

The accelerating shift to renewable energy is pushing power grids into uncharted territory. Traditional grids anchored by large spinning generators are giving way to systems dominated by inverter-based resources like solar, wind, and batteries. Grid-forming inverters have emerged as a key enabling technology to maintain grid stability in this new paradigm. In this article, we […]

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Karnataka: Bijapur REZ Gets Fillip For Boosting Transmission Web

The Central Electricity Regulatory Commission (CERC) has granted a transmission licence to Bijapur REZ Transmission Limited (BRTL) for developing an inter-state transmission system (ISTS) project in Karnataka. BRTL is a Special Purpose Vehicle (SPV) of PFC Consulting. Bizapur REZ is among Karnataka’s six designated renewable energy zones (REZs) from the southern state. The other REZs […]

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Karamtara Engineering Gets SEBI Nod for ₹1,750 Crore IPO

Karamtara Engineering Limited has received final observations from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO), the company said on Tuesday. The company, which had filed its draft red herring prospectus (DRHP) in January 2025, plans to raise up to ₹17.5 billion (₹1,750 crore) through a fresh issue […]

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Shree Cement Now Sources 60% of Power from Renewables

Shree Cement has achieved a key milestone in its decarbonisation efforts, with over 60 percent of its total electricity consumption now coming from renewable sources. The development was marked by the commissioning of a 60.3 MW solar power plant in Jodhpur, Rajasthan, adding to its total green energy capacity of 582 MW. The company’s growing […]

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NTPC REL To Supply Solar Power To UP Discom At Rs. 2.56/kWh

NTPC Renewable Energy Ltd (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited, has secured a 1,000 MW solar power project in an auction conducted by Uttar Pradesh Power Corporation Limited (UPPCL). The project was awarded at a tariff of ₹2.56 per kilowatt-hour (kWh), making it the lowest bid in the auction, according […]

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Vikram Solar Moves Closer to ₹ 1500 Cr IPO

Vikram Solar Limited, one of India’s largest solar photo-voltaic modules manufacturers in terms of installed capacity, with more than 15 years of experience in the industry as of 31, March 2024, has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO). […]

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Engineer RMDC

The Remote Monitoring and Diagnostics Center (RMDC) is a mission-critical global team that operates as the first point of contact for diagnosing and resolving issues across Fluence’s worldwide Battery Energy Storage Systems (BESS) fleet. The RMDC ensures 24/7/365 operational availability and performance of energy storage sites by managing incidents, coordinating timely maintenance, and performing proactive […]

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