APT Translations

"This is in addition to the order inflow of Rs 2,170 crore seen in the first quarter, and we remain confident of further augmenting this order momentum due to a strong domestic bid pipeline being in place," Amit Jain, Global CEO of Sterling and Wilson Renewable Energy Group, said.

Under the 'Mukhyamantri Majhi Ladki Bahin' scheme, married, divorced, and destitute women aged 21-60 will receive Rs 1,500 per month, with the annual family income of beneficiaries capped at Rs 2.5 lakh.

This funding is part of an initial tranche aimed to total $1.5 million in a seed funding round aimed at enhancing the nation’s energy stability. Founded in 2021, Open Access Energy is at the forefront of developing software solutions tailored to mitigate South Africa's pressing energy issues.

The MoU was signed by the Water Resources Department and Avaada Aqua Batteries Pvt Ltd, a subsidiary of Avaada Group, in the presence of Maharashtra Deputy Chief Minister Devendra Fadnavis, and Avaada Group Chairman Vineet Mittal.

The projects include the 1500 MW Pawana Falyan PSP, spanning Pune and Raigad districts, and the 1250 MW Kumbhavade PSP across Kolhapur and Ratnagiri districts. These initiatives entail a total investment projected at ₹14,000 crore over the next five to seven years, aimed at bolstering Maharashtra’s energy security and advancing its environmental sustainability initiatives.

Initiating coverage of AGEL, brokerage Emkay said the firm's renewable capacity would see more than 30 per cent compound annual growth rate (CAGR) from now till 2030 while improved capacity utilisation will drive a power sales CAGR of about 35 per cent.

The agreement was signed between the Water Resources Department, Government of Maharashtra, and Avaada Aqua Batteries Pvt Ltd, a subsidiary of Avaada Group, in the presence of Maharashtra Deputy Chief Minister Devendra Fadnavis and Avaada Group's Chairman Vineet Mittal, according to a company statement.

The initiative targets one Model Solar Village per district to promote the adoption of solar energy, enabling these communities to meet their energy needs independently.

The battle between Hindenburg Research and the Adani Group began 18 months ago when the U.S. shortseller alleged Adani improperly used tax havens, accusations which the conglomerate has denied.

Hindenburg’s original January 2023 report, in which it had accused the centi-billionaire of pulling the largest con in corporate history, caused the Adani Group’s market capitalization to crater by $150 billion.