Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Bajel Projects, NIIF and AnantGrid sign pact to pursue power transmission projects
Bajel Projects Ltd. is collaborating with NIIF and AnantGrid to explore opportunities in India's power transmission sector, supporting the 500 GW renewable energy target by 2030.
Solex Energy jumps after MNRE lists 3.78 GW module capacity under ALMM
Solex Energy rose 5.45% to Rs 886.70 after the company said its solar module manufacturing capacity of 3.78 GW has been enlisted under the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy.
Avoid OMCs; prefer defence and summer plays: Chola Securities
Dharmesh Kant, Head of Research at Chola Securities, says oil marketing companies remain largely avoidable as they are cyclical, commodity-linked businesses with limited long-term wealth creation potential, especially as renewable energy gains share. He advises selective buying in market declines, favouring defence stocks like BEL and HAL and summer-linked plays such as LG Electronics and Blue Star. Kant also sees corrections in InterGlobe Aviation as a potential long-term buying opportunity despite near-term volatility.
ABB to invest $75 million in India to scale manufacturing, R&D across five locations
ABB will invest about $75 million in India in 2026 to expand manufacturing and research capabilities for critical infrastructure segments including renewable energy, metro rail and data centres.
Oriana Power gains on bagging EPC contract worth Rs 1,181 crore
Oriana Power jumped 5.52% to Rs 1,894.40 after the company secured an EPC contract worth Rs 1,180.53 crore from a renewable energy developer for a solar power project at the Maithon Dam Reservoir of Damodar Valley Corporation (DVC) in Jharkhand.
UltraTech Cement to acquire over 26% stake in Sunsure Solarpark Thirty Eight
UltraTech Cement will acquire a 26.20% stake in Sunsure Solarpark Thirty Eight to source renewable power and meet captive energy requirements.
JK Tyre strengthens energy portfolio with stakes in FPEL and Sunpulse Power
JK Tyre is investing ₹1.53Cr in FPEL and ₹5.04Cr in SPPL, acquiring 26% stakes in both, marking its entry into renewable and conventional power ventures.
ET Graphics: Green energy growth enters fast lane
India's renewable energy surge, driven by solar power, is accelerating towards its 500 GW goal by 2030. With approximately 35 GW of solar capacity added this fiscal year, the nation is witnessing rapid expansion, robust grid planning, and manufacturing advancements. This growth is crucial for meeting rising energy demand and decarbonisation targets.
Suzlon Energy share price crashes over 8%, slips below ₹40 for the first time in nearly two years
Suzlon Energy share price stock fell to ₹39.13, marking a significant decline since June 2025. Management changes aim to transform the company, yet it struggles with execution challenges in the renewable sector, leading to lowered delivery estimates by brokerages while maintaining 'Buy' ratings.
AGEL spins up 185 MW wind energy project in Gujarat
Adani Green Energy Twenty Five C Limited has commissioned a new 185 MW wind power project in Khavda, Gujarat. This development boosts Adani Green Energy's total operational renewable generation capacity to 17,472.2 MW. The project was planned for operationalisation on February 28, 2026, and power generation commenced on March 1, 2026.
Renewable Ministry looks to charge up ancillary firms for better grid
India's Ministry of New and Renewable Energy will soon create opportunities for ancillary market players in the clean energy sector. This initiative aims to improve grid management through services like frequency control and voltage support. The Central Electricity Authority is developing a paper on this subject. This move will help integrate more renewable energy into the grid.
From US dependency to African opportunity: India's solar industry has new export option post-duty blow.
A new countervailing duty by the US on Indian solar modules are reshaping trade patterns. India's renewable energy ministry sees Africa as a strong alternative for both module exports and for developers setting up projects.