Borosil Renewables net profit grows to Rs 30 crore in July-September quarter

It had clocked a net profit of Rs 24.19 crore during the July-September period of preceding 2022-23 fiscal, the company said in a BSE filing. The company's total income surged to Rs 406.31 crore from Rs 171.37 crore in the year-ago quarter.

Renew Power to invest Rs 44,000 cr by FY26: CEO Sumant Sinha

The company, which has an installed capacity of 9.5 GW, is looking to invest both in wind and solar projects going forward that will require investments at the rate of about Rs 5.5 crore per MW, he said.

Punjab power minister seeks viable gap funding for biomass-fueled plants

Participating in the conference of Power and New and Renewable Energy Ministers here, the Punjab Power Minister said the total cost of conventional power with the cost of Renewable Energy Certificates for Renewable Purchase Obligation (RPO) compliance is much lower than the tariff of Biomass power plants which is around Rs 8 per kwh.

China's Trina Solar plans $420 million expansion in Vietnam

In a statement released after a meeting between Trina's chairperson Gao Jifan and Deputy Prime Minister Tran Luu Quang, Gao said he expected to get support from the authorities to research and invest in rooftop solar power projects locally.