Author: Chitrika Grover

Apraava Energy Commissions 250.7 MW Wind Energy Project In Gujarat

Mumbai-based integrated energy solutions provider, Apraava Energy, has commissioned a 250.7 MW wind power project (comprising 120 no. of 2.1MW rated Suzlon WTGs). The project is located at Sidhpur in Devbhoomi Dwaraka district, Gujarat. The project was awarded to Apraava Energy as part of the Tranche VIII wind tender sponsored by Solar Energy Corporation of […]

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Sharika Wins Rs. 155.78 Cr Work Order For NHPC’s Rooftop Solar Project

NHPC recently awarded Uttar Pradesh-based Sharika Enterprise a 4 MW contract to develop rooftop solar power projects. The company disclosed this in a regulatory filing, stating, “The contract is for the development of rooftop solar power projects with a total capacity of 4 MW on buildings of NHPC.” Sharika said in a regulatory filing, “The […]

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Q3 FY25: JSW Energy EBITDA Decline 9% YoY To Rs. 1,115 Cr.

Mumbai-based JSW Energy (JSW Energy), in its quarterly results (Q3 FY25) ended December 31, 2024, reported a decline in its EBITDA by 9% YoY to ₹1,115 Cr. The company attributed this decline primarily to lower short-term spreads, despite higher overall generation. Meanwhile, its Profit After Tax (PAT) and Cash PAT stood at ₹168 Cr and […]

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Maharashtra Partners With UK To Build Its First 1.2 GW Solar Park

The Mumbai-based Hazoor Multi Projects Ltd. (HMPL) has forayed into green energy with the development of the Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP). This is one of the first solar parks in Maharashtra. Hazoor Multi Projects will develop this project in collaboration with a multinational company from the United Kingdom. This 1.2 GW capacity […]

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NHPC REL Issues 24.22 MW Rooftop Solar Tender For Ministries

NHPC, on behalf of its renewable energy arm NHPC Renewable Energy Limited (NHPC REL), issued a tender to develop a rooftop solar project across various Central Ministries. It’s accepting bids till March 3, 2025. The NHPC REL tender, in its brief scope of work, mentioned: “The solar Photovoltaic (PV) installation at various locations on government […]

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Q3 FY25: ACME Solar’s PAT Up By 152% YoY, PAT Margin At 28%

ACME Solar Holdings, in its Q3 FY25 financial results, reported a 152% year-over-year (YoY) increase in Profit After Tax (PAT). It also reported a 632.5% jump in its net profit on a Quarter-On-Quarter (QoQ) basis. The PAT margin reached 28%, while the net debt-to-equity ratio stood at 1.6x. The company’s total revenue increased by 9.9% […]

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With Norms In Hand, MNRE Aims To Standardize PV Products

The Ministry of New and Renewable Energy (MNRE) has issued the “Solar Systems, Devices, and Components Goods Order, 2025” to set new standards for solar products across India. In its latest notification, the MNRE mandated compliance with Indian Standards (IS) and minimum efficiency criteria for a wide range of solar technologies. The order will come […]

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Gujarat Issues Norms For Setting Up Off-Grid, Hybrid Projects

The Gujarat Energy Development Agency (GEDA) recently released guidelines for setting up off-grid solar, wind, and wind-solar hybrid projects in Gujarat. These guidelines aim to streamline procedures for these projects, including storage registration. The Gujarat government introduced this policy in response to requests from renewable energy project developers and to address challenges they face in […]

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Q3 FY25 Results: Suzlon’s Profit Rises 91% YoY To Rs. 388 Crore

Wind energy company Suzlon Group announced its third-quarter results for the financial year 2024-25 (Q3 FY25), ending on December 31, 2024, reporting a 91% increase in revenue to ₹2,969 crore. The company also recorded a 102% rise in EBITDA, reaching ₹500 crore. Its profit after tax (PAT) grew by 91% to ₹388 crore. Additionally, Suzlon […]

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