Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Avaada secures $950 million from global, domestic Banks
Avaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project in Bikaner. This marks India's largest fundraise in the segment. Avaada also secured debt financing for two 300 MW solar power projects in Rajasthan and Gujarat.

Adani Green Energy commissions 50 MW solar plant in Gujarat’s Khavda
Adani Green Energy has commissioned a 50 MW solar power project at Khavda in Gujarat, taking its total operational renewable energy capacity to 19,835.8 MW.
Adanis set up largest single-site battery storage outside China
Adani Green Energy has commissioned a massive 3.37 GWh battery storage system in Khavda, Gujarat. This is the world's largest single-location battery storage outside China. The project was completed rapidly, enhancing grid reliability and enabling round-the-clock renewable power. Adani Green Energy plans significant future expansion of its battery storage capacity.
Adani Green commissions 3.37 GWh battery storage system at Khavda, scales up key renewable energy hub
Adani Green Energy has commissioned a large battery storage system in Khavda, Gujarat. This facility is part of India's clean energy push. The system can power many homes or meet peak demand for cities. Adani Green Energy plans further expansion of its storage capacity in the coming years. The Khavda site is key to their renewable energy growth.

Hitachi Energy Q4 profit jumps 80% on strong margin, revenue growth; declares ₹8 dividend
Power equipment maker Hitachi Energy announced a greenfield transformer facility in Gujarat. Shares of Hitachi Energy India Limited ended 0.53%, or ₹190, higher at ₹35,745 on the NSE today, May 25, ahead of the results announcement.
NTPC starts site selection studies in Gujrat, Andhra Pradesh, Odisha, Madhya Pradesh for nuclear projects
State-owned NTPC is exploring new nuclear power projects. Site selection studies have begun in Andhra Pradesh, Madhya Pradesh, Gujarat, and Odisha. This initiative is part of NTPC's extensive 30 GW nuclear energy plan. The company aims to contribute significantly to India's ambitious nuclear capacity target. Investments will be substantial, spanning multiple states. NTPC is diversifying its energy portfolio.
Gujarat builds 870 MW battery power backup network to stabilise renewable energy grid
Gujarat has launched battery storage systems totaling 870 MW across five locations to ensure renewable power grid stability. The state has also registered 13 additional projects and integrated BESS with its first solar village, Modhera. This initiative strengthens Gujarat's position as a leader in battery storage solutions in India.
Coal India commissions 100 MW solar power project in Gujarat
State-owned Coal India Limited has commissioned a 100 MW solar power project in Gujarat. This marks a significant step in the company's renewable energy expansion. The project received its commissioning certificate from Gujarat Energy Development Agency. This development comes as Coal India aims to increase its solar capacity. The company is working towards becoming a Net Zero energy entity.

Coal India commissions 100 MW solar plant in Gujarat; ramps up diversification push
Coal India has commissioned a 100 MW solar power plant in Gujarat, marking a key step in its renewable energy push and diversification beyond its core coal business.
L&T ships another steam generator early to Nuclear Power Corporation
Larsen & Toubro has dispatched its seventh 700 MWe steam generator to Nuclear Power Corporation of India Ltd ahead of schedule, aiming to accelerate India’s energy security push, with the equipment manufactured at its Gujarat facilities.
India achieves highest-ever annual wind energy capacity addition of 6.05 GW in 2025-26
India has set a new record for wind energy capacity addition. In 2025-26, the nation added 6.05 GW of wind power. This brings the total installed wind capacity to over 56 GW. This achievement is driven by strong policies and project execution. States like Gujarat, Karnataka, and Maharashtra led the additions. This boosts India's renewable energy goals.
KPI Green Energy secures Rs 949 cr sanction from Canara Bank
KPI Green Energy has secured a sanction of Rs 931 crore from Canara Bank in the form of a Fresh Rupee Term Loan and Rs 48 crore in the form of a Bank Guarantee, to finance the development of its 150 MW wind power project in Gujarat.