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HEG Greentech demerger: Why Madhusudan Kela is betting ₹500 crore on this pivot
Steel is going green, and HEG sits at the center of this shift. As electric arc furnace capacity rises and energy storage expands, the company is betting on electrodes and clean-tech to power the transition.
IIFL Home Finance inks $300 million loan pact with ADB
IIFL Home Finance has secured a $300 million loan from the Asian Development Bank to expand affordable housing lending for low-income families, with a special emphasis on women. A portion of the funds will back green-certified, energy-efficient homes, helping address India's substantial housing shortage and extending homeownership to underserved communities nationwide.
Norway’s wealth fund will not invest in Adani Green over corruption allegations
Norges did not disclose the details or evidence supporting corruption allegations against Adani Green Energy. As a practice, the fund provides a detailed explanation whenever it adds a company to the exclusion list.
India to incentivize wafer, ingot manufacturing with upfront capex support: MNRE secy
The MNRE's new strategy aims to boost domestic production of wafers, ingots, and polysilicon, addressing gaps in previous incentive schemes. This move is crucial for India's ambitious green energy targets.
NTPC Green Energy adds 165 MW capacity at Khavda-II Solar PV Project
The current commercial capacity of NTPC Green Energy Group stands at 8827.68 MW. With the addition of this capacity, the total installed capacity of the NTPC Green Energy Group has increase to 8992.68 MW.
KPI Green Energy completes 92.4-MW wind power project in Gujarat
KPI Green Energy has successfully completed a significant 92.4 megawatt wind power project in Gujarat. This project, developed for Ayana Renewable Power Four, features 28 wind turbine generators. The company has finished all necessary work, including substations and transmission lines. This achievement underscores KPI Green Energy's capability in executing large renewable energy projects and boosts India's clean energy capacity.
NTPC Renewable Energy begins commercial supply of 165 MW from Khavda-II solar project
NTPC Green Energy announced a significant milestone. Its arm, NTPC Renewable Energy, has commenced commercial supply from the second phase of its Khavda-II solar project in Gujarat. This adds 165 MW to the group's operational capacity. The total installed capacity of the NTPC Green Energy Limited Group now stands at 8,992.68 MW.
KPI Green Energy completes 92.4 MW wind power project in Gujarat
The project comprises 28 wind turbine generators, the company said, adding that it has completed all its works under its scope, including balance of plant, power substation, EHV transmission line and putting up and installing the WTGs.
NTPC Green Energy starts 165 MW solar operations in Gujarat; total capacity nears 9 GW
NTPC Green Energy Limited began commercial operations of 165 MW at Khavda-II Solar PV project in Gujarat, raising total capacity to 8,992.68 MW. Q3 profit fell 73%, but revenue and EBITDA rose.
Philippines' Aboitiz in talks for majority stake in Fourth Partner
Philippine firm Aboitiz Power is in discussions to buy a significant stake in Indian renewable energy company Fourth Partner Energy. Early investors in Fourth Partner are looking to sell their holdings. This move signals continued investment in India's green energy sector. Fourth Partner Energy supplies power to commercial and industrial clients and has international projects.
TCS shares rise 2% after Tata Group and OpenAI announce strategic partnership
Tata Consultancy Services (TCS) shares surged after announcing a strategic partnership with OpenAI to build AI infrastructure in India and offer joint market solutions. This collaboration aims to boost productivity, enhance software engineering, and position India as a global AI hub by developing AI-ready, green-energy-powered data centers.
Saatvik Green Energy subsidiary secures ₹44 crore solar PV module order
Shares of Saatvik Green Energy Ltd ended at ₹413.85, down by ₹1.50, or 0.36%, on the BSE.