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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.
Buy, Sell Or Hold: Kalyan Jewellers, Bajaj Auto, Eternal, Siemens Energy And Max Healthcare — Ask Profit
Experts shared buy, sell and hold recommendations on NDTV Profit's 'Ask Profit' show.
Cabinet to soon approve Rs 37,500 cr incentive scheme to promote coal gasification projects
The Union Cabinet is poised to approve a Rs 37,500 crore incentive scheme to promote coal gasification projects. This initiative aims to boost clean energy production, reduce import dependence on critical commodities like LNG and urea, and enhance the utilization of domestic coal resources.
AERB clears equipment installation at Tamil Nadu's Kudankulam Nuclear Power Project Units 5 and 6
A significant milestone has been achieved at the Kudankulam Nuclear Power Project. The Atomic Energy Regulatory Board has approved the erection of major equipment for Units 5 and 6. This development brings India's nuclear energy program closer to expanding its clean and reliable power generation capacity. The approval follows extensive safety reviews, ensuring compliance with national and international standards.
Centre approves 58 companies under critical mineral recycling scheme
The Mines Ministry has approved 58 companies under a ₹1,500 crore incentive scheme to promote recycling of critical minerals as part of the National Critical Mineral Mission. The scheme aims to build domestic recycling capacity for materials from lithium-ion batteries, e-waste and industrial scrap to reduce import dependence and support clean energy and manufacturing.
Up 110% in 3 months! Multibagger defence stock MTAR Technologies share price hits record high— What’s driving the surge?
MTAR Technologies has secured orders exceeding ₹380 crore for FY26 and FY27, showcasing solid near-term visibility. Its stock surged over 9%, marking a 348% increase from its 52-week low, driven by its pivotal role in clean energy and AI infrastructure sectors.
Adani Green Energy to add up to 15,000 GWh of battery energy storage capacity annually
Adani Green Energy plans massive battery storage expansion. The company will add thousands of gigawatt hours of capacity each year. This move supports India's energy transition. It aims to provide reliable clean power. The expansion will involve significant investment. This will help meet peak demand. It ensures round-the-clock renewable energy supply.
Nearly one-third of record peak demand of 256 GW met through renewable energy: Pralhad Joshi
India successfully met its record peak power demand of over 256 GW on April 25, 2026. Renewable energy sources like solar, wind, and hydro contributed significantly. This achievement demonstrates India's capability in handling peak power demand with clean energy. The government is investing in grid modernization and increasing generation capacity to boost renewable energy's share in the power mix.
In a sea of red, how a smallcap defence company delivered multibagger returns this year
Despite a challenging market, MTAR Technologies has delivered multibagger returns, surging nearly 100% in just over four months. The smallcap defence company's rally is driven by its critical role in the global clean energy and AI infrastructure supply chain, particularly its partnership with Bloom Energy. Analysts anticipate significant order inflows from this collaboration, though valuation concerns are emerging.
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.
Hindustan Power gets 100-MW solar project from Punjab government
Hindustan Power announced a 100 MW solar project in Punjab, awarded via competitive bidding. The project includes a 25-year power purchase agreement, ensuring long-term revenue and clean energy support. Commissioning is anticipated within 24 months.
India weighs petitions on mandate for domestic solar cells
India's clean energy ministry is reviewing petitions from solar manufacturers and developers regarding a new mandate for domestically made solar cells. This rule, set to take effect in June, could lead to a significant shortage, increased prices, and project delays due to insufficient local production capacity.