Adani New Industries Q1 revenue up 209% YoY
Adani New Industries Ltd recorded a revenue of INR 1,898 crore ($229 million) in the first quarter of FY 2023-24, 209% up year-on-year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 7.5 times to INR 355 crore as export volumes surged 19 times.
Sterling and Wilson wins renewable EPC orders worth INR 826 crore
Sterling and Wilson Renewable Energy has won around 1 GW of EPC projects in the first four months of FY 2023-24. The projects are located in the Indian states of Rajasthan, Uttar Pradesh and Gujarat.
SJVN tenders 1.5 GW wind-solar hybrid projects
SJVN Ltd has invited bids to develop 1.5 GW of wind-solar hybrid power projects anywhere in India.
HPCL to empanel PV panel manufacturers for its solar projects
Hindustan Petroleum Corp. Ltd (HPCL) is enlisting solar panel suppliers and manufacturers for its future PV projects across India.
Apraava Energy secures renewable energy transmission projects in Rajasthan
The projects are part of the evacuation scheme for 20 GW of renewable energy generation in Rajasthan to the national grid.
KPIT testing sodium-ion battery packs in three-wheelers
The sodium-ion battery technology has been designed and developed by KPIT Technologies.
Mitigating supply chain challenges for solar projects
Since July, the solar market has seen a stark drop in module prices. Forecasts indicate a price increase in the coming months. This uncertainty has cast a shadow on the growth of renewable energy assets in India.
Tata Power secures PPAs for 350 MW of solar projects
Tata Power Renewable Energy Ltd will develop 200 MW and 150 MW solar projects for power supply to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The projects will be located in Maharashtra.
SECI tenders 1.5 GW of renewables with storage
Solar Energy Corp. of India Ltd has launched a tender to select developers for 1.5 GW of firm and dispatchable power from renewable power projects with energy storage systems. Bidding closes on September 15.
India to emerge as global renewable energy powerhouse, says power minister
The nation is also set to emerge as one of the largest solar module manufacturers. It has considerable existing solar manufacturing capacity and is constructing even larger capacities, including polysilicon.
