Tata Power Q4 profit up 25% YoY to INR 1,306 crore
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.
Building the hydrogen economy: Overcoming infrastructure challenges
Building India’s hydrogen economy requires strategic infrastructure planning, targeted investments, and supportive policies. As industrial leaders continue demonstrating the viability of renewable energy transitions, the groundwork for hydrogen infrastructure follows naturally.
GE Vernova unveils INR 1.4 billion investment plan to expand manufacturing footprint in India
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.
L&T wins IndianOil’s tender for 10ktpa green hydrogen plant at Panipat refinery
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 switches on 50 MW solar at Khavda
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.
US-China tariff negotiations and impacts
Although the suspension of the 24% tariff under Section 301 sends a signal of easing, the retention of the full 10% under Section 201 and the average 83% anti-dumping/countervailing duties means that Chinese solar PV exports to the US still face a combined tax rate of nearly 200%.
Siemens Ltd new orders up 44% yoy in Jan-Feb-March quarter
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.
Solex Energy profit soars 390% to INR 42.79 crore in FY 2024-25
Consolidated revenue jumped 81% to INR 665.82 crore.
Ciel & Terre’s 120 MWp Omkareshwar floating solar project features many firsts
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 total income up 92% YoY to INR 406.46 crore
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.
