How Gujarat is balancing industrial and environmental goals
Gujarat’s commitment to balancing industrial growth with environmental sustainability is a model for other states to follow. By harnessing solar energy, advancing green hydrogen production, and promoting energy storage technologies, the state is building a robust framework for a sustainable future.
NHPC awards 1.2 GW of solar with storage at $0.036/kWh
NHPC has allocated 1.2 GW of solar with 600 MW/1,200 MWh storage projects at an average tariff of INR 3.09 ($0.036)/kWh.
Adani Green Energy reports INR 6,366-crore EBITDA for 9M FY 2025
Adani Green Energy Ltd posted INR 6,829 crore of revenue from power supply for the nine months ended Dec. 31, 2024, up 18% year-on-year (YoY). Cash profit is up by 23% YoY at INR 3,630 crore.
The Hydrogen Stream: Advait Energy Transitions signs green hydrogen offtake MoU with Haryana City Gas Distribution
Advait Energy Transitions will set up a 2,000 mtpa green hydrogen plant on a turnkey basis and provide operation and maintenance (O&M) services for the plant for one year from commissioning.
Godrej Enterprises targets over 20% growth for its power infra business
Godrej Enterprises’ Energy Solutions business aims to grow annually at over 20% in the next 3-5 years, driven by its growing portfolio of extra high voltage power transmission projects up to 765kV and strategic investments in solar power and green energy infrastructure.
Union Budget 2025-26: What India’s green industry expects from the upcoming budget
The 2025-26 Union Budget has the potential to be a defining moment in India’s journey toward a net-zero economy. By addressing key areas such as renewable energy, green hydrogen, sustainable mobility, and community-level projects, the government can create a robust framework for decarbonization.
Saatvik Green secures EPC contract for 23 MW of solar projects from HPPCL
Saatvik Green Energy has secured EPC (engineering, procurement, and construction) contracts for an 11 MW solar project in Lamlehri Upperli and a 12 MW solar project in Gondpur Bulla in Himachal Pradesh.
BC Jindal Group’s JIRE eyes operational asset acquisitions to achieve 5 GW renewable energy target
BC Jindal Group’s renewable energy arm, Jindal India Renewable Energy (JIRE), is looking to expand its RE capacity by acquiring operational assets in India and globally. The acquisitions will be funded through a mix of internal accruals and debt.
IESA projects over $500 million investment in Indian battery, mobility startup ecosystem within a year
Bharat Battery Show, part of the Bharat Mobility Global Expo 2025, saw participation of one hundred startups. Many of these startups are seeking funding from major conglomerates and investment firms.
Avaada Group closes $1 billion financing for its diverse projects for Q3 FY 2025
Avaada Group has completed INR 8,500 crore ($1 billion) in financing/refinancing for its large-scale solar projects, agrivoltaic projects under the PM-KUSUM scheme, commercial and industrial (C&I) projects and solar module manufacturing facilities.
