Uma Gupta
Bondada secures 600 MW solar EPC order from NTPC
Bondada Engineering Ltd has received a Notification of Award (NOA) from NTPC Renewable Energy Ltd for the execution of Balance of System (BOS) works for a 600 MW solar PV project at Fatehgarh, Rajasthan. The order value stands at around INR 816 crore.
Solex Energy FY2026 revenue surpasses INR 1,600 crore
Solex Energy, a solar module manufacturer and EPC services provider, has reported a 248% year-on-year increase in revenue from operations to INR 885.53 crore for the fourth quarter of FY2026. Revenue for the twelve months ended March 31, 2026, rose 144.3% to INR 1,618 crore.
Waaree Renewable Technologies to acquire 55% stake in Associated Power Structures
Waaree Renewable Technologies has signed agreements to acquire a 55% stake in Associated Power Structures for INR 1,225 crore.
Vikram Solar reports record Q4 FY2026 revenue of INR 1,453 crore
Vikram Solar has reported its highest-ever quarterly revenue of INR 1,453 crore in Q4 FY2026, marking a 22% year-on-year increase. Profit after tax (PAT) also rose 22% YoY to INR 110 crore.
ACME Solar FY26 profit jumps 98.4% to INR 498 crore
ACME Solar Holdings has reported a 98.4% year-on-year increase in profit after tax (PAT) to INR 498 crore for fiscal year 2026. The company posted total revenue of INR 2,507 crore for FY 2026, up 59% year on year.
Pace Digitek wins 250MW/500MWh battery storage project from Damodar Valley Corp.
Pace Digitek has secured supply, EPC, and operation and maintenance (O&M) contracts from Damodar Valley Corp. for a 250 MW/500 MWh battery energy storage system (BESS) project at Maithon.
Investment revives in thermal power amid grid stability needs as renewables surge: ICRA
A new report by ICRA says that the thermal power sector in India is witnessing a revived investment emphasis, even as the renewable capacity continue to surge. Thermal power acts as a reliable base-load supply, aiding grid stability amid expectations of power demand growth.
LICO Materials wins government incentives for critical mineral recycling
LICO Materials has committed to invest INR 240 crore in its Karnataka facility that will produce battery-grade critical minerals from end-of-life lithium-ion batteries. The project qualifies for a 20% capital expenditure (CapEx) subsidy and a multi-year operational expenditure (OpEx) subsidy linked to incremental commercial sales through FY 2030-31.
ESG has evolved beyond compliance into core business strategy: Milton Kenny, Premier Energies
Milton Kenny, general manager-ESG at Premier Energies Ltd, discusses how ESG is reshaping the renewable energy sector—from decarbonisation to supply chain transparency and circularity.
Apple partners CleanMax to build 150 MW of renewable energy capacity for captive consumption in India
Apple has partnered with CleanMax to develop more than 150 MW of new renewable energy capacity in India for captive consumption.
