Waaree Renewable Technologies wins 412 MWp solar EPC project
Waaree Renewable Technologies has secured the letter of award for a 412 MWp (335 MW AC) solar power plant. It will execute the EPC work of the PV plant and provide operations and maintenance for a period of two years.
NTPC tenders EPC package with land for 200 MW of solar projects
NTPC Green Energy Ltd, on behalf of IndianOil NTPC Green Energy Ltd, has invited domestic bids to develop up to 200 MW of interstate transmission system (ISTS) connected ground-mounted solar PV projects on an EPC basis anywhere in India.
Sterling and Wilson Renewable Energy raises INR 1,500 crore through QIP
Sterling and Wilson Renewable Energy’s INR 1,500 crore ($180 million) qualified institutions placement issue received an overwhelming response from both domestic mutual funds and marquee global foreign institutional investors.
Gensol Engineering revenue up 88% YoY in H1 FY 2024
Gensol Engineering Ltd recorded a revenue of INR 344.03 crore ($41.3 million) in H1 FY24, 88% up from INR 183.25 crore in H1 FY23. Profit after tax (PAT) grew 24% to INR 22.16 crore.
Waaree Renewable Q2 profit surges 124.18% YoY
Waaree Renewable Technologies has reported a revenue of INR 150.06 crore (around $18 million) and a net profit (profit after tax) of INR 18.29 crore for the quarter ending Sept. 30.
Sterling and Wilson Renewable Energy reports spike in EPC orders
Sterling and Wilson Renewable Energy reported that it secured EPC orders worth INR 2,640 crore ($317.21 million) in Q2 FY 2024. This is around 467% up from order inflows in Q1 FY 2024.
Gensol Engineering’s Q1 FY 2024 revenue surges 47% YoY
Gensol Engineering has posted a 47% year-on-year increase in its revenue to INR 1,517 million ($18.27 million) for the first quarter of fiscal 2023-24.
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.
Rays Power signs 283 MWp solar EPC contract with Serentica Renewables
Rays Power Infra has secured the engineering, procurement, and construction contract for a 283 MW DC solar PV project in Karnataka.
Waaree Renewable reports improved revenue, profit in first quarter
Waaree Renewable Technologies recorded a revenue of INR 129 crore ($15.8 million) and a net profit of INR 11.1 crore in the April-to-June period of FY 2023-24.
