Tata Power has reported a net profit (profit after tax) of INR 1,306 crore and revenue of INR 17,328 crore for the fourth quarter of FY 2025.
GE Vernova has announced a strategic investment of around INR 1,400 million ($16 million) to expand its electrification manufacturing and engineering footprint in India. The investment includes the development of a new HVDC/FACTS manufacturing line in Chennai and a cutting-edge engineering & test lab in Noida.
Larsen & Toubro has won Indian Oil Corp.’s tender for a green hydrogen production plant with a capacity of 10,000 tonnes per annum at a competitive bid of INR 397/kg.
Adani Green Energy Ltd (AGEL) has commissioned an incremental solar project of 50 MW at Khavda in Gujarat, taking its total operational renewable generation capacity to 14,340.9 MW.
Siemens Ltd has secured new orders worth INR 5,305 crore in the quarter ended March 31, 2025, 44% up year-on-year. Revenue for the quarter increased 2.6% to INR 4,259 crore.
Consolidated revenue jumped 81% to INR 665.82 crore.
Ciel & Terre has announced the completion of a 120 MWp floating solar array at Omkareshwar in Madhya Pradesh. The installation features many firsts by the company, including rock bolt anchoring, customized floating inverter barge based on reinforced fibre glass polymer, and floating system built using spin welding method.
Advait Energy Transitions has posted a consolidated total income of INR 406.46 crore and consolidated net profit of INR 32 crore for the fiscal year ended March 31, 2025.
BluPine Energy has achieved the financial closure of debt funding worth INR 376 crore for its 100 MW solar power project under development in Gujarat.
Jindal India Renewable Energy (JIRE) has won a 300 MW solar project coupled with battery energy storage system at a tariff of INR 3.32/kWh.
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