Solarium Green Energy IPO opens this week
The price band is fixed at INR 181 – 191 per share and the lot size is 600 equity shares.
Union Budget 2025-26: India focuses on waste-to-wealth to secure lithium battery supply chain
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.
Budget 2025 expectations of the Indian renewable energy industry
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.
Enfinity Global secures connectivity for 2 GW of solar and wind projects in India
Enfinity Global has secured connectivity for 2 GW of utility-scale solar PV and wind projects in Rajasthan, Uttar Pradesh, Maharashtra, and Karnataka
Godrej Enterprises targets over 20% growth for its power infra business
Godrej Enterprises’ Energy Solutions business aims to grow annually at over 20% in the next 3-5 years, driven by its growing portfolio of extra high voltage power transmission projects up to 765kV and strategic investments in solar power and green energy infrastructure.
AI and Data Analytics in energy operations
Artificial intelligence (AI) and Data Analytics are transforming energy operations by introducing capabilities that were once unimaginable. These technologies provide actionable insights, automate processes, and enable real-time decision-making, making energy systems smarter and more resilient.
Larsen & Toubro wins new substation orders in Middle East
Larsen & Toubro has secured orders to implement advanced distribution management system in West Bengal and substations in Kuwait, Saudi Arabia, and United Arab Emirates.
Federal Bank, Ecofy partner on financing for MSME rooftop solar
The co-lending program targets financing 3,600 kW of rooftop solar installations annually, benefiting numerous micro-, small and medium-sized enterprises (MSMEs).
ISA, USAID sign MoU to advance grid interconnections
The International Solar Alliance (ISA) and the United States Agency for International Development (USAID) will work together to establish and expand clean energy transmission networks across regions such as South Asia, the Persian Gulf, Southeast Asia, and Africa, supporting the development of a unified grid to facilitate the large-scale transfer of clean power.
Torrent Power raises INR 3,500 crore through QIP
Top investors include SBI Mutual Fund, Kotak MF, NPS Trust, New World Fund, American Funds Insurance Series Global Growthfund, and Nippon Life.
