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PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energy
Indian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sustainable finance. The Reserve Bank of India's Green Deposit Framework, introduced in 2023, has played a key role. Banks are channeling these funds into environmentally friendly projects like renewable energy and clean transportation.
Bondada Engineering gains after securing Rs 1,338 crore NTPC Renewable solar and BESS project
Bondada Engineering rose 3.82% to Rs 343.65 after the company announced that it had received a Notification of Award (NOA) from NTPC Renewable Energy for a project valued at Rs 1,338.03 crore.
India sets transmission project deadlines to speed up renewable energy expansion
India has introduced standardized timelines for power transmission projects to accelerate renewable energy integration. The Central Electricity Authority's new guidelines aim to synchronize grid expansion with generation and distribution, reducing delays that hinder new power capacity. These measures are crucial as transmission expansion struggles to match the rapid growth of clean energy.
Marsons rises after bagging Rs 8-cr export order
Marsons gained 1.91% to Rs 114.80 after the company secured an export order worth approximately Rs 7.75 crore (about $820,000) from a US-based solar energy developer.
Madhya Pradesh set to emerge as a major nuclear power hub in country: Official
Madhya Pradesh is becoming a significant nuclear power center. Projects totaling 7,000 MW are underway, with more private sector proposals being considered. This development aligns with national goals for clean energy. The state's proactive approach is attracting new nuclear power projects, positioning it as a key hub for future energy generation in India.
Inox Wind rises after inking MoU with Inox Clean Energy
Inox Wind (IWL) rose 1.81% to Rs 91.49 after the company announced that it has signed a memorandum of understanding (MoU) with Inox Clean Energy (Inox Clean) for the supply of 1,500 MW of wind turbines.
Inox Wind inks MoU with Inox Clean to supply 1,500 MW wind turbines
Inox Wind Limited has entered into an initial agreement with Inox Clean Energy. This pact will see Inox Wind supply 1,500 megawatts of wind turbines. These turbines will power renewable energy projects across India. This collaboration significantly boosts Inox Wind's order book. Inox Clean Energy aims to expand its renewable portfolio substantially by FY29.
Bondada Engineering wins ₹1,338 crore NTPC Renewable Energy EPC order
Bondada Engineering has secured a ₹1,338 crore EPC contract from NTPC Renewable Energy for a solar and battery storage project in Uttar Pradesh, further strengthening its renewable energy order book.
Bondada bags solar / BESS project of Rs 1338.03 crore
From NTPC Renewable Energy
Explained - What led to Suzlon Energy, Inox Wind shares gain up to 7% on Tuesday
Inox Wind announced on Tuesday that it has signed a memorandum of understanding (MoU) with group company Inox Clean Energy for the supply of 1,500 MW of wind turbines, while Suzlon Energy unveiled its new S175-5 MW wind turbine in Karnataka.
SolarSquare raises $53 million in India’s largest residential solar funding round
SolarSquare has secured $53 million in a significant funding round. This investment fuels expansion into new cities and strengthens technology. The company is India's largest residential rooftop solar provider. Growing adoption of solar power in India is driving this growth. SolarSquare aims to build a comprehensive home-energy platform for consumers nationwide.
PN Smart Energy stock rises on rebranding from Skycorp Solar By Investing.com - Investing.com India
PN Smart Energy stock rises on rebranding from Skycorp Solar By Investing.comInvesting.com India