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Amara Raja Energy & Mobility Q1 profit rises 23% yoy

Amara Raja Energy & Mobility Ltd has reported a standalone total income of INR 3,156.74 crore and a net profit of INR 244.55 crore for the first quarter (April-May-June) of FY 2024-25.

Amara Raja Infra commissions NTPC’s 135 MWp solar PV project in Rajasthan

Amara Raja Infra has commissioned NTPC’s Anta ground-mounted solar PV project of 90 MW AC (135 MWp) in the Baran district of Rajasthan.

 

Thermax exploring green hydrogen production through biomass, electrolysis routes

Thermax, which partnered with Australia’s Fortescue Future Industries (FFI) last year, is looking at different ways of green hydrogen generation for commercial and industrial customers in India.

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Shakti Pumps wins $66.65 million solar pump order

Shakti Pumps (India) has secured the contract to supply, install and commission 12,537 solar water pumps across Uttar Pradesh under Component-B of PM-KUSUM scheme (Phase-III).

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SECI launches 2 GW solar, storage tender

Solar Energy Corp. of India (SECI) is accepting bids to set up 2 GW of solar PV power projects with 1 GW/4 GWh energy storage systems on a build-own-operate basis. The projects can be located anywhere in India and must connect to the interstate transmission system. Bidding closes on Sept. 2.

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ANIL’s solar module exports in Q1 up by 109% yoy

Adani New Industries Ltd (ANIL), part of Adani Enterprises Ltd, sold 1,379 MW of solar modules in the first quarter of the current fiscal 2024-25. This included exports of 808 MW.

Oorja raises $1.5 million to scale its solar farming-as-a-service model

Oorja owns, operates and maintains decentralised solar infrastructure at the farm level and sells solar-powered irrigation, milling and cooling services to smallholder farmers on a pay-per-use basis.

Dynamic Services to develop 100 MW solar plant in Manipur

Dynamic Services & Security Ltd has signed an agreement with Sungevity Enterprises to develop a 100 MW solar power plant in Manipur, India, through a special purpose vehicle. Dynamic will own 85% of the equity in the SPV.

Amara Raja, Ather to collaborate on lithium batteries for two-wheelers

Amara Raja announced today its collaboration with electric scooter manufacturer Ather Energy to develop and supply NMC and LFP lithium-ion cells for two-wheeler battery packs.

Attero launches e-waste consumer take-back platform

Attero, India’s largest e-waste recycler and the world’s largest li-ion battery recycling company, has launched an integrated electronic waste (e-waste) consumer take-back platform– Selsmart. Through Selsmart, it targets an annual recurring revenue of INR 1,000 crore by the third year with e-waste collection of 140,000 metric tonnes.

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