Revenue from operations for FY26 stood at INR 3,331.42 crore, a growth of 108.51% YoY. Net profit surged 109.09% YoY to INR 478.65 crore.
ReNew commissioned 2.4 GW of renewable energy capacity in FY2026, its highest ever annual addition. The company now has total operating capacity of 12.6 GW, the second largest in the country.
IIT Hyderabad-incubated PUR Energy has launched the PuREPower 3.0 Lite, an all-in-one lithium battery-based power backup solution positioned as a cleaner and more compact alternative to conventional inverter and lead-acid battery combinations for the residential segment.
Enviro Infra Engineers Ltd (EIEL), an EPC company in water and wastewater treatment, said its total order book exceeds INR 4,600 crore, with more than INR 1,000 crore coming from the renewable energy segment.
GAIL (India) Ltd, India’s leading natural gas company, has approved the setting up of 700 MW of solar power projects for captive consumption, with an investment of INR 3,800 crore, in the states of Uttar Pradesh and Maharashtra.
CleanMax has signed a round-the-clock renewable power supply agreement with Sangam India Ltd for a 30 MWp solar and 20 MW wind hybrid renewable project, backed by a 2 MWh battery energy storage system.
ANDRITZ’s scope for Torrent Power’s Saidongar-1 Karjat 3 GW open-loop pumped storage project comprises the design, manufacture, installation, testing, and commissioning of ten reversible pump turbines, motor-generators, and related electromechanical equipment.
CRISIL Ratings has assigned ‘A-/Stable’ long-term and ‘A2+’ short-term ratings to the bank facilities of SAEL Industries Ltd (SIL), a vertically integrated renewable energy company.
GAIL (India) Ltd has approved the development of a 600 MW greenfield solar project integrated with a 550 MWh co-located battery energy storage system (BESS) in Uttar Pradesh. The estimated project cost is INR 3,294.86 crore, to be financed through a mix of debt and equity.
Reliance Industries Ltd has become the first company to secure the inclusion of heterojunction (HJT) solar cells in the Approved List of Models and Manufacturers (ALMM) published by the Ministry of New and Renewable Energy. The enlisted cell manufacturing capacity stands at 1,238 MW per year, covering 210 mm × 105 mm formats with zero-busbar designs. The cells are rated with efficiencies of up to 25.6% and power outputs ranging from 5.28 W to 5.66 W.
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