Press Releases

New 2.2 GW G12R cell facility, powered by an internal accrual of ~₹136 Crore, is designed to secure long-term profitability and avoid future upgrade disruptions

ABB India has expanded its local production footprint with the launch of a new line for variable speed drive (VSD) modules at its Peenya factory in Bengaluru. With this line, the local production capacity of drives has increased by about 25 percent

KP Group, a renewable energy conglomerate through its flagship companies, has entered into a Memorandum of Understanding (MoU) with Fabtech Group to collaboratively develop and implement green energy powered life sciences projects globally. Under this partnership, all such projects executed by Fabtech Group (conventional/stick-built) will be powered by clean, renewable energy supplied by KP Group across the world. 

During the period, the company reported a 153% increase in consolidated revenue and a 151% growth in profit after tax (PAT) on a half-on-half basis. On a standalone level, revenue and PAT rose 154% and 142%, respectively, reflecting strong project execution and financial discipline.

Snowkap, a climate-tech SaaS company enabling enterprises to embed ESG, Net Zero, and sustainability practices across their operations and supply chains, announced the New Snowkap, a rebrand that marks its evolution into a full-stack AI-powered ESG intelligence platform.

Apraava Energy, an integrated energy solutions provider in India, has partnered with SELCO Foundation to power community, health and education facilities in Assam and Nagaland through solar installations. These interventions aim to provide sustainable and reliable energy in the villages, positively impacting over 21,000 lives. The installations are expected to save 57 tonnes of CO₂ annually, equivalent to planting about 2,580 trees per year.

ICRA projects India’s electricity demand to grow by approximately 4.0-4.5 per cent in FY2026. A strong recovery in the second half of the year is expected to offset the monsoon-related weakness seen in the first half.

UtilityAI Pro allows technology and digital innovation leaders to deploy Bidgely’s advanced machine learning (ML) models in their preferred data environment to analyse advanced metering infrastructure (AMI), customer, and grid data. The solution performs this analysis with 10 times greater granularity, delivering enhanced behind-the-meter insights on customer behaviour, appliance-level consumption, and grid performance.

Nayara Energy, an integrated downstream company of international scale, has joined hands with Sanctuary Nature Foundation to unveil The Gir Inheritance, a coffee table book that celebrates the rich heritage and enduring conservation legacy of Gir. Published by Sanctuary, the book was presented to select recipients as a measure of support for the majestic lions of Gir.

Onix Renewable Limited, a leading player in India’s renewable energy sector, announced its audited financial results for the fiscal year 2024–25, marking another year of sustained growth, operational excellence, and strategic expansion across its renewable portfolio.