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Govt scraps auction of 9 critical mineral blocks citing poor investor response
Government cancels auction of nine crucial mineral blocks due to poor investor interest and a lack of qualified bidders. This setback hinders efforts to boost domestic production of minerals vital for energy security and clean-tech manufacturing. The cancellations, a recurring issue in previous rounds, highlight challenges in attracting private investment to riskier mining ventures with high costs and regulatory hurdles.
Tata Motors partners with Welspun Renewable Energy to develop 86 MW wind-solar hybrid project
Tata Motors has joined forces with Welspun Renewable Energy to develop an 86 MW wind-solar hybrid project. This initiative will power four of Tata Motors' manufacturing plants in Jharkhand, Uttar Pradesh, Uttarakhand, and Karnataka with clean electricity. The project aims to generate 200 million units of green power annually, significantly reducing carbon emissions and supporting the company's sustainability goals.
CleanMax bets on big tech, data centres to power next phase of growth
Clean Max Enviro Energy Solutions, India's largest commercial and industrial renewable energy provider, is positioning itself for strong growth as demand from big tech and data centres accelerates. With 3.1 GW of installed capacity and a 5.7 GW contracted portfolio, the company counts Meta, Google, Apple, Amazon and Equinix among its customers. CleanMax plans to add at least 1.5 GW in FY27 and 3 GW over three years, while aiming to double EBITDA. Analysts say its client-focused model and market leadership are difficult to replicate.
Enviro Infra arm bags Rs 207-cr hybrid renewable EPC contract
Enviro Infra Engineers announced that its step-down subsidiary Suyog Urja (SUL) has secured a Rs 207.47 crore contract for land aggregation and balance of plant (BoP) works for a hybrid renewable energy project.
MTAR Technologies shares extend rally after ₹467 crore order; shares up 398% in a year
Last week, MTAR Tech raised its FY27 revenue growth guidance to 80% from 50% earlier, led by strong order inflows from the clean energy segment and improving operating leverage.
Avalon Technologies Gets Bullish Initiation From Nomura — Check Target Price
Nomura expects trends such as nearshoring, clean energy and battery energy storage systems to create meaningful opportunities for outsourced industrial EMS companies.
INOXGFL leads race for Vena's India biz buyout; Proposed deal may give Rs 4,500-5,000 crore enterprise value
INOXGFL Group is poised to acquire Vena Energy's Indian renewable energy business. The deal is valued between ₹4,500-5,000 crore. This move signifies INOXGFL's aggressive expansion in India's clean energy sector. The conglomerate has recently made several strategic acquisitions, bolstering its renewable energy portfolio. This acquisition further strengthens its position in the rapidly growing market.
2026 multibagger MTAR Tech shares soar 18% in two days. What’s triggering the sharp surge?
MTAR Technologies shares surged to a record high after securing a significant Rs 2,279 crore international order. The company also raised its FY27 revenue growth guidance to over 80%, driven by expansions in clean energy, nuclear, and aerospace segments. This follows robust Q4 earnings and a strong full-year performance.
Dipan Mehta on Kaynes, Airtel, MTAR: Why corrections could be buying opportunities
Dipan Mehta, Director at Elixir Equities, believes sharp corrections in quality growth stocks can create buying opportunities, even after disappointing earnings. He remains positive on Kaynes Technology India despite weak quarterly numbers, citing a strong order book and semiconductor plans. He also likes Bharti Airtel and remains optimistic about AI-focused firms like Fractal Analytics and renewable energy player CleanMax Enviro Energy Solutions. Disclaimer: The views and investment tips expressed by investment experts on CNBC-TV18.com are their own and not those of the website or its management. CNBC-TV18.com advises users to consult certified experts before making any investment decisions.
CleanMax shares in focus after bagging a ₹100 crore investment from Apple for clean energy initiatives
Apple will invest ₹100 crore with CleanMax for 150 MW renewable energy in India, and partner with WWF-India and Acumen on plastic waste, green startups and its 2030 carbon neutral goal
Solex Energy to invest Rs 4,000 cr to set up solar cell manufacturing plant, BESS project in Gujarat
Solex Energy will invest Rs 4,000 crore in Gujarat. The company will establish a solar cell manufacturing facility and a battery energy storage system project. This initiative aims to boost Gujarat's clean-tech manufacturing. It will also create jobs and support India's renewable energy goals. The project includes a 5-GW solar cell plant and a 10-GW BESS project.
Enviro Infra to buy Suyog Urja in ₹311 crore deal, enters wind energy space
Enviro Infra Engineers Ltd subsidiary EIE Renewables to acquire 100% of Suyog Urja Ltd, boosting its wind energy portfolio and India presence. Shares of Enviro Infra Engineers Ltd ended higher on Tuesday, April 28, by 3.57% at ₹216.94 on the NSE.