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Inox Wind rises after inking MoU with Inox Clean Energy
Inox Wind (IWL) rose 1.81% to Rs 91.49 after the company announced that it has signed a memorandum of understanding (MoU) with Inox Clean Energy (Inox Clean) for the supply of 1,500 MW of wind turbines.
Inox Wind inks MoU with Inox Clean to supply 1,500 MW wind turbines
Inox Wind Limited has entered into an initial agreement with Inox Clean Energy. This pact will see Inox Wind supply 1,500 megawatts of wind turbines. These turbines will power renewable energy projects across India. This collaboration significantly boosts Inox Wind's order book. Inox Clean Energy aims to expand its renewable portfolio substantially by FY29.
Explained - What led to Suzlon Energy, Inox Wind shares gain up to 7% on Tuesday
Inox Wind announced on Tuesday that it has signed a memorandum of understanding (MoU) with group company Inox Clean Energy for the supply of 1,500 MW of wind turbines, while Suzlon Energy unveiled its new S175-5 MW wind turbine in Karnataka.
Oswal Pumps shares gain 6% on 63 MW rooftop solar project win, eyes Rs 500 crore revenue opportunity
Oswal Pumps has secured 63 MW rooftop solar projects in Bihar under the PM Surya Ghar scheme, awarded by NBPDCL and SBPDCL, creating over Rs 500 crore in revenue opportunity. CAPEX-plus-RESCO model strengthens recurring income visibility and expands its solar footprint, supporting diversification and long-term growth momentum in the clean energy segment.
JSW Energy gains on acquiring Chhattisgarh-based thermal power plant operator
JSW Energy added 1.32% to Rs 567 after the company said that it has signed a definitive agreement with Kolahai Infotech and SFI Parcel Services to acquire 100% equity shares of Maruti Clean Coal & Power (MCCPL).
Adani Green to commission 14 GWh battery storage at Khavda by fiscal year-end to cut clean energy wastage
Adani Green Energy is building a massive 14 gigawatt-hour battery storage system in Khavda, Gujarat. This project aims to prevent the wastage of clean energy. India has already lost significant clean power due to a lack of storage. The company plans to expand this storage capacity significantly over the next five years.
JSW Energy to acquire Chhattisgarh-based thermal power plant operator Maruti Clean Coal & Power
JSW Energy said that it has signed a definitive agreement with Kolahai Infotech and SFI Parcel Services to acquire 100% equity shares of Maruti Clean Coal & Power (MCCPL).
JSW Energy acquires MCCPL to strengthen thermal portfolio
JSW Energy is acquiring Maruti Clean Coal & Power Limited for Rs 1,410 crore. This move supports JSW Energy's goal of reaching 30GW capacity by 2030. The acquired company operates a 300 MW thermal plant in Chhattisgarh. This acquisition strengthens JSW Energy's thermal portfolio and cash flows. It also enhances regional thermal power operations.
JSW Energy inks agreement to acquire Maruti Clean Coal and Power for ₹1,400 crore
JSW Energy to acquire 100% of Maruti Clean Coal and Power, adding a 300 MW Chhattisgarh plant toward its 30 GW by FY 2030 goal, pending land and lender approvals
Japan's Chubu Electric set to buy $150 million stake in Continuum Green
Japanese power giant Chubu Electric is set to invest around $150 million in Indian renewable energy firm Continuum Green Energy. This deal will give Chubu a significant stake in Continuum, a company focused on wind, solar, and hybrid power for businesses. The acquisition highlights Chubu's growing interest in India's clean energy sector.
Clean Max surges 15% to record high on 900 MW partnership with Meta
Clean Max Enviro Energy Solutions and Meta have announced a 900 MW renewable energy partnership in India.
Clean Max shares rally 15% on expanding Meta renewable energy partnership beyond 900 MW
Under the agreement, Meta will purchase 100% of the environmental attributes generated by these projects as part of its efforts to match its electricity consumption with 100% clean and renewable energy and reduce value-chain emissions in the region.