Torrent Power has reported revenue from operations of Rs 6,499 crore and net profit of INR 489 crore in Q3 FY 2025.
Welspun New Energy has signed a memorandum of understanding (MoU) with the state government of Odisha to establish a 1.2 GW pumped storage and a 1 GW floating solar project in Odisha.
NTPC has secured a power purchase agreement (PPA) with Indian Army for sale of power from its solar-hydrogen based microgrid project at Chushul (Ladakh).
The price band is fixed at INR 181 – 191 per share and the lot size is 600 equity shares.
Indus Towers has agreed to acquire a 26% stake in a 50 MW solar plant for captive consumption. The solar plant will be set up by Amplus Tungabhadra.
The solar manufacturer had an orderbook of 4,539 MW worth INR 69,461 million as of Dec. 31, 2024, across modules (63%), cells (36%), and EPC services (1%).
Solex’s new line is tailored for mass production of n-type, rectangular-cell TOPCon solar modules ranging from 585 Wp to 625 Wp.
Finance minister Nirmala Sitharaman has submitted Union Budget 2025-26, which proposes customs duty exemption for waste and scrap of lithium-ion batteries and critical minerals.
Regulatory and fiscal incentives to set up specialized labs in collaboration with leading international and domestic research institutions, reduction of Goods and Services Tax (GST) on turbines and solar modules, and ISTS charges waiver extension are on the budget wishlist of the renewable energy industry in India.
Avaada Group has collaborated with Switzerland-headquartered ammonia technology specialist Casale to develop a 1,500 tons per day (tpd) green ammonia plant in Gopalpur, Odisha.
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