Market News
Stay updated with the latest market trends, earnings, and economic indicators.
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.
ReNew to set up 6.5 GW solar facility in Andhra Pradesh with investment of Rs 4,500 crore
ReNew Energy is building a major solar manufacturing plant in Andhra Pradesh. The facility will produce solar ingots and wafers. This project represents a significant investment and will create many jobs. It is part of ReNew's larger commitment to the state. The plant is expected to be operational within two years. This development strengthens India's clean energy sector.
Andhra Pradesh to host Rs 5,400 crore solar manufacturing project groundbreaking
Andhra Pradesh Chief Minister N Chandrababu Naidu will lay the foundation stone for ReNew Energy Global plc's Rs 5,400 crore solar manufacturing facility in Anakapalli district. This 6 GW solar ingot and wafer unit marks a significant step in India's push for domestic clean energy manufacturing and energy security, aligning with the state's Integrated Clean Energy Policy 2024.
Industrial decarbonization hinges on capital cycles, not just clean energy: Jindal Stainless' Kalyan Bhattacherjee
Decarbonizing heavy industry is less about clean energy and more about long asset cycles that lock in emissions for decades. The real opportunity lies in aligning emission cuts with investment decisions, making it a capital strategy issue rather than just a sustainability goal. A mix of efficiency, renewables, and circularity will be key to managing this transition.
China, India place strategic bets on clean energy out of favour in the West
China and India are aggressively pursuing green hydrogen, investing billions to build massive production capacity. While China focuses on scale and preserving industrial dominance, India prioritizes energy security through subsidies and domestic demand aggregation. Both nations are leveraging political will and financial backing to create a burgeoning green hydrogen market.
Focus on renewables post Iran war revives hopes for Inox Clean IPO, report says
Inox Clean Energy is in talks with bankers and is expected to file its draft prospectus soon. It had earlier attempted to go public in July 2025 but withdrew its papers in December.
Enviro Infra says FY27 revenue visibility at ₹2,000 crore as order book grows
Enviro Infra Engineers said it continues to benefit from rising government spending on water infrastructure and increasing investments in renewable energy and storage solutions.
CleanMax, Sangam India partner for hybrid renewable energy supply in Rajasthan
CleanMax Enviro Energy Solutions and Sangam India have joined forces. This partnership aims to reduce carbon emissions for Sangam India's operations in Rajasthan. A hybrid renewable energy supply agreement has been signed. It will provide solar and wind power, supported by battery storage. This will power five Sangam facilities across Rajasthan.
MTAR Tech shares soar 10%, double investor money in 2026! What’s behind the latest surge?
MTAR Technologies shares surged over 10%, extending a sharp rally that has doubled investor wealth in 2026 so far. The spike follows a major Bloom Energy–Oracle deal, strengthening growth visibility. Strong Q3 earnings, rising AI-driven power demand, and its key role in clean energy supply chains further boosted investor sentiment.
NTPC Green Energy shares gain the most in a month to retest its IPO price
The recent increase in NTPC Green shares can largely be attributed to the Iran war, which has led to a global energy crisis and a resultant shift to green energy / clean mobility / renewable energy companies.