RECPDCL transfers ₹5,378 crore SPV to Power Grid for renewable energy evacuation
The SPV transfer was conducted in Gurugram, following Power Grid Corporation’s emergence as the Transmission Service Provider (TSP) through a Tariff-Based Competitive Bidding (TBCB) process.
Adani Enterprises revenue to jump to Rs 1.5 lakh crore, net earnings to rise 46% by FY27: Brokerage
Adani Enterprises Ltd, the flagship company of the ports-to-energy conglomerate helmed by billionaire Gautam Adani, is likely to see consolidated revenue grow at a CAGR of 17.5 per cent and net earnings by 45.8 per cent over 2023-24 fiscal year (FY24) and FY27, a report said.
Venture Capital investments in India surge to $16.8 bn in January-November: Report
Venture capital (VC) activity in India has witnessed significant growth from January to November 2024, with investments reaching $16.77 billion across 888 deals, according to the India Brand Equity Foundation (IBEF).
Karnataka’s energy growth dims amid policy snags
This data by Karnataka Renewable Energy Development Ltd (KREDL) highlights that the number of RE projects commissioned in the state over the last few years has declined.
Tata Group to create 5 lakh manufacturing jobs over next five years: N Chandrasekaran
Tata Group is planning to create over five lakh new manufacturing jobs in the next five years. These jobs will come from investments in factories to produce batteries, semiconductors, electric vehicles, solar equipment, and critical hardware. The group will also create jobs in services such as…
Maharashtra CM pushes for quality and speed in solar power projects, highlights self-sufficiency goals
The Chief Minister stated that Maharashtra aims to achieve self-sufficiency in the energy sector. To accomplish this, he stressed the need to improve the condition of all electricity-related companies. He suggested that, in the future, public participation could be enhanced by considering the…
Jharkhand: In a first, floating solar panels to power Koderma, adjoining districts
Koderma (Jharkhand)Marking a first-of-its kind initiative in Jharkhand, a 'floating solar plant' is in the making in Koderma district, which will illuminate the city and many other districts of the state with solar power.
Adani Green announces new subsidiary Adani Green Energy Sixty Eight Limited to focus on renewable energy generation
According to the AGEL's filing to the exchanges, the Adani Green Energy Sixty Eight Limited (AGE68L) is incorporated in India. The Adani Green Energy Sixty Eight Limited will work in the renewable energy sector.
Outlook 2025: India's renewable sector strides unabated, industry leaders optimistic on future
India has made a considerable gain in recent years and the year 2024 is not an outlier and renewable energy sector leaders are of the view that the country is on the right track to meet its green energy goals.
Accelerating India’s Energy Transition Through Customised State-Level Action Plans
While decisions and actions at the central level are crucial, there is a need to focus on sub-national efforts as India is a diverse country with each state having unique challenges and opportunities that are shaped by its geography, resources, and consumer mix.