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KP Green Engineering wins ₹240 crore orders across business segments
KP Green Engineering has secured fresh orders worth ₹239.61 crore across solar, railway, power transmission and infrastructure segments. The contracts, to be executed in FY27, are expected to boost capacity utilisation and strengthen revenue visibility.
Tata Power targets Rs 1 lakh cr revenue by 2030, reveals key update on nuclear plans
Tata Power aims for Rs 1 lakh crore revenue and Rs 10,000 crore profit by 2030. The company will expand its solar manufacturing capacity by adding a new 10 GW project. Tata Power is also open to entering the nuclear power segment with small modular reactors. It plans to expand distribution footprints in states proposing privatization. The energy network currently serves over 13.1 million distribution customers.
Serentica Renewables inks pact with SECI to supply power from 600 MW FDRE project
Serentica Renewables proudly announces its new power purchase agreement with SECI, dedicated to a groundbreaking 600 MW Firm and Dispatchable Renewable Energy project. Notably, it achieved the largest allocation in the competitive SECI auction. This innovative project ensures electricity provision during non-solar hours, effectively addressing peak demand while significantly cutting down annual carbon emissions, contributing positively to the environment.
Founder Of Brookfield-Backed Avaada Seeks $750 Million Loan
Avaada Group, which includes Avaada Energy, is one of India's fastest-growing renewable energy developers with a portfolio spanning solar, wind and hybrid power projects.
EL Nino to hit India's energy system harder than anywhere else in world: CREA report
India's energy system faces a significant El Nino impact, with reduced renewable power generation and increased demand for air conditioning. A CREA analysis predicts a potential 18 TWh generation gap, likely leading to a surge in coal-fired power and substantial CO2 emissions. The report stresses the urgency of accelerating solar and battery deployment to bolster grid resilience against extreme weather.
Sunsure Energy secures Rs 262 cr project financing from FMO, Axis Bank
Sunsure Energy has secured a significant Rs 262 crore financing for its 75 MWp open-access solar project in Tamil Nadu. Dutch development bank FMO is leading the funding, with Axis Bank contributing approximately Rs 71 crore. This marks FMO's debut in India's Group Captive C&I renewable energy sector, aiming to power commercial and industrial clients with clean energy.
GK Energy shares rise 4% on securing ₹236 crore MSEDCL solar pump order
Following the latest contract, GK Energy said its cumulative order book from MSEDCL has risen to ₹637.83 crore. The company said the project is scheduled to be executed within 60 days from the issuance of the work order or Notice to Proceed (NTP).
GK Energy secures Rs 235.92 cr order for deployment of solar-powered irrigation systems
From Maharashtra State Electricity Distribution Company
GK Energy gains after securing Rs 236 crore solar water pumping systems order from MSEDCL
GK Energy rose 2.48% to Rs 142.70 after the company announced that it had received a Letter of Empanelment (LoE) from Maharashtra State Electricity Distribution Company (MSEDCL) for the deployment of 10,000 off-grid DC solar PV water pumping systems.
Tata Power offers 'pay-as-you-save' scheme with rooftop solar system for commercial users in Punjab
Tata Power Renewable Energy Limited has launched a 'pay-as-you-save' scheme in Ludhiana, enabling commercial and industrial consumers in Punjab to adopt rooftop solar systems with zero upfront cost. This initiative aims to install 200 megawatts of solar capacity over three years, allowing businesses to repay through savings-based EMIs or lease rentals.
NTPC Renewable Energy signs PPA with PTC India
For sale of 1,200 MW of solar power
NTPC Green arm signs deal to sell 1,200 MW of solar power
NTPC Renewable Energy, a wholly owned subsidiary of NTPC Green Energy, has signed a power purchase agreement with PTC India to supply 1,200 MW of solar power under a bilateral arrangement, strengthening its renewable energy portfolio.