Day: January 29, 2025
Avaada pledges Rs 20,700 cr investment for green projects in Odisha
Avaada Group has signed a memorandum of understanding to invest Rs 20,700 crore in developing renewable energy projects in Odisha. This investment will fund 1,500 MW of floating solar projects, two 1,000 MW Pumped Storage Projects, and green energy equipment manufacturing.
ACME Solar Holdings Q3 net profit jumps two-and-a-half-fold to Rs 112 cr
The company had a consolidated net profit of Rs 44 crore in the quarter ended on December 31, 2023, a company statement said.
PLI, ALMM expansion, and EV tax cuts: What industry expects from Budget 2025?
With the government targeting 500 GW of non-fossil fuel energy by 2030 and aiming for Viksit Bharat 2047, stakeholders seek PLI scheme expansion, ALMM inclusion, GST rationalization, and enhanced R&D incentives.
India, Oman discuss energy cooperation, CEPA talks in final stages
The meeting, held from January 27-28, 2025, reviewed bilateral economic relations, with a focus on renewable energy, technology, food security, and investments.
Hygenco secures EU RFNBO pre-certification for green ammonia exports
The CertifHy scheme, recognized by the European Commission, ensures compliance with international sustainability standards and allows end-users in the EU to access certified green hydrogen and low-carbon hydrogen.
TP Solar secures ₹455 crore contract for 300 MWp solar modules
The contract, valued at ₹455 crore, is part of MSPGCL’s larger 750 MWp tender finalized through a competitive e-Reverse Auction (eRA) process. The modules will be delivered to multiple locations across Maharashtra within the current year.