Author: Chitrika Grover

IREDA Launches First-Ever Perpetual Bonds To Raise ₹1,247 Cr

Indian Renewable Energy Development Agency Limited (IREDA) has launched its first-ever issue of Perpetual Bonds for an amount of ₹1,247 crores at an annual coupon rate of 8.40%. This development comes soon after IREDA’s board decided to hike the borrowing limit for FY25 to Rs 29,200 crore from Rs 24,200 crore. IREDA, the Navratna company […]

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Budget: Himachal Announces Interest Subsidies For Solar Projects

The Himachal Pradesh government has now envisioned to become the first green state of India. In its latest budget presented by Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu, the CM announced several measures to bolster the growth of solar energy in the state. This included interest subsidies for solar projects up to 1 MW in […]

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Green Stocks March 19: Stocks Lead Market Gains

After the somewhat tepid response to a strong market rebound yesterday when most green stocks trailed market gains, it was business as usual for green energy stocks today. Most of the stocks beat the mid-cap or the small-cap indices when it comes to gains today, with over 3% gains seen across the board for many […]

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Tata, JBM & Switch Mobility Hold 88% of India’s E-Bus Market

Electric buses currently account for 4% of India’s annual bus registrations, with 3,644 units sold in FY24, reflecting an 81% year-on-year growth. The transition to cleaner fuels has decreased conventional diesel and petrol buses’ market share from 97-98% a decade ago to 90% in FY24, said CareEdge Ratings. It also predicts the electric bus adoption […]

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IIT Bombay’s 4T Silicon-Perovskite Tandem Solar Cell Hits 26% Efficiency

The Indian Institute of Technology, Bombay (IIT-B) has conducted one of the first experimental demonstrations of a 4T silicon-perovskite tandem solar cell, achieving over 26% efficiency. A team at the National Centre for Photovoltaic Research and Education (NCPRE) at IIT Bombay fabricated a semi-transparent perovskite solar cell (PSC), which, when combined with a silicon-based solar […]

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Insolation Green Secures Rs. 733.04 Cr Supply Order From KPI Green

Insolation Green, a subsidiary of Insolation Energy, has secured a Rs. 513.13 crore project from KPI Green Energy under Phase-1 of the project. As per the latest order, KPI Green will utilize N-type bifacial (G to G) solar PV modules for the Gujarat Urja Vikas Nigam Limited (GUVNL) project, which is scheduled between June 2025 […]

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SECI Issues Tender To Build 400 MW Wind Energy Project

In an effort to expand wind energy projects in India, the Solar Energy Corporation of India (SECI) has issued a tender inviting bids from wind power developers. The tender aims to establish 400 MW of wind projects, with the central tendering authority accepting bids until April 15, 2025. Project Overview As per SECI’s latest tender, […]

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NTPC REL Opens 550 MW Solar+BESS Tender Near NGEL Project

NTPC Renewable Energy Limited (NTPC REL) has issued a tender to build a 550 MW solar project with Battery Energy Storage near the 550 MW Shimboo ka Burj Solar Project. This project is part of the NGEL project in Rajasthan. The tender offers a Land and Power Evacuation Package. It set April 25, 2025, as […]

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Green Stocks Mar 18: Memories Of The Good Old Days

As the markets rebounded strongly today, it was all green for our green energy pack as well. As we have been stating, it was a combination of value buying and reduced selling pressure that drove up interest today. Investor favorites like Shakti Pumps (up 5% at UC) gained strongly, while out of favor Gensol was […]

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