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renewable energy in india

Budget 2025: Green Firms Seek Support For Wafer, Ingot Production

As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […]

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Shakti Pumps Delivers With 130% Profit Rise in Q3 Fy25

Indore based Solar pump leader Shakti Pumps declared its Q3 results on Friday evening. The company reported a 130.09% year-on-year (YoY) jump in net profit at Rs 104 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, the company had posted a net profit of Rs […]

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Manager- Legal

Responsibilities:- Should have good knowledge of applicable land laws, rules and regulations applicable across and shall have understanding of various land records; Advising company in land matters to mitigate the risks, disputes and issues involved while purchasing lands; Coordinating with land team, acquisition vendors and assisting Panel Advocate in the preparation and finalization of Title […]

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Green Stocks Jan 24: The Slide Turns Into a Rout

The broader decline in the market has turned into a rout for small caps and mid-caps, and most of the green caps were no exception. The secular decline seen across the board points to weak hands finally capitulating to withdraw from the market and lick their wounds, so to say. While it might be too […]

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ALMM: Vikram Solar, Rayzon, Swelect & Others Add New Capacities

The Ministry of New and Renewable Energy (MNRE) has released its updated Approved List of Models and Manufacturers (ALMM), pegging India’s cumulative enlisted solar module manufacturing capacity at 67.40 GW. New Entrants and Capacity Additions The latest ALMM highlights the addition of new capacities from eight domestic solar module manufacturers, including three new entrants. Notably, […]

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NHPC, AP Genco Form JV To Develop 5 GW PSP Projects

The National Hydroelectric Power Corporation (NHPC) partnered with Andhra Pradesh Power Generation Corporation Limited (APGENCO) to develop a 5.07 GW pumped storage project (PSPs) across five locations in Andhra Pradesh. The NHPC told about its plans for the joint venture in Andhra Pradesh in a regulatory filing. NHPC said, “The Joint Venture Company envisions planning, […]

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Suzlon To Supply 486 MW Of Wind Turbines To Torrent Power

Wind energy company Suzlon today announced bagging a new order from Torrent Power. Under the agreement, the Pune-based company will supply its large 3 MW wind turbines to the company. Suzlon will supply 162 S144 wind turbine generators (WTGs) with Hybrid Lattice (HLT) Towers, each rated at 3 MW capacity for wind energy projects slated […]

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NHPC Awards 1.2 GW Solar-Plus-Storage Tender To Six Bidders

NHPC, the Navratna company, has announced six winners of its 1.2 GW solar plus storage project. This is NHPC’s one of the first Solar + ESS tender. The project offers a 600 MW/1200 MWh energy storage system (ESS). NHPC allotted the project to Onix Renewables at Rs. 3.09/kWh and three other companies: Jindal India Renewable […]

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IEX Q3 Results-Revenues Up 13.7%, PAT Up 22.8%

Indian Energy Exchange (IEX), the largest electricity trading exchange in India, has reported its results for the third quarter of FY25. The firm reported electricity volumes of 30.5 Billion Units in Q3FY’25, a 15.9% increase from 26.3 BUs in Q3 FY’24. Renewable energy certificates in Q3FY’25 at 26.52 lakhs, increased 31% from 20.24 lakh in […]

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