Servotech Power Systems has secured the order to manufacture, supply, and deploy 1,800 DC Fast EV chargers primarily at Bharat Petroleum Corp. Ltd (BPCL) petrol pumps in major cities across the nation.
Adani Green Energy Ltd has reported a consolidated net profit of INR 950 crore (around $114.28 million) for the first nine months of FY 2024, which is 104% up year-on-year. Revenue from operations was up 57% YoY to INR 5,794 crore.
NTPC Green Energy, ReNew, Avaada, JSW Energy, Welspun Godavari GH2, INOX Air Products, and Larsen & Toubro Green Energy have committed huge investments in setting up green hydrogen production capacities in the Indian state of Maharashtra.
Electric vehicle (EV) battery manufacturing, battery safety, and recycling along with EV charging and battery swapping are the key areas of discussion at the Bharat Mobility Global expo, scheduled from Feb. 1 –3, 2024, in New Delhi.
Adani Energy Solutions Ltd, a private-sector transmission and distribution company in India, has recorded a revenue of INR 3,615 crore ($434.78 million) for Q3 FY 2024, 19% up year-on-year.
Tata Power Renewable Energy Ltd has commissioned a 1.04 MW solar PV system for Chengmari Tea Estate. The installation uses 1,900 bifacial PV modules
Adani Green Energy Ltd has concluded funding of the entire $750 million Holdco Bond redemption with the receipt of $281 million through promoter preferential allotment. Other sources of funds include $300 million from TotalEnergies JV proceeds and $169 million from debt service reserve account, hedge reserves, and interest on reserve account.
SJVN has secured a 100 MW solar power project from Gujarat Urja Vikas Nigam Ltd (GUVNL). It will develop the project on a build-own-operate basis in Gujarat and sell the generated power to GUVNL under a 25-year power purchase agreement.
The collaboration with Tata Technologies will enable Agratas to accelerate product development, including the design and integration of battery cells into modules and packs for global customers in the mobility and energy sectors.
REC Ltd has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Ltd to collaborate on funding solutions for renewable energy projects.
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