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Andhra Pradesh (AP) has released operational guidelines for implementing its clean energy policy. These guidelines cover key aspects such as approvals, resource allocation, land allotment, incentives, and statutory clearances. To streamline the approval process, NREDCAP will be required to create a Unified/Single Desk Portal. Through this portal, the government can allocate resources and facilitate the […]
An early close to the markets this week, thanks to Holi on Friday, failed to bring much cheer for our green pack as well. Whule the odd exception like Adani Green, Suzlon or even Shakti Pumps managed to end the day on a positive note, the broader message remained one of caution, and continuing attrition. […]
JSW Neo Energy Acquires Virya Infrapower Signs Agreement JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy, has entered into a Share Purchase Agreement with Virya Infrapower. Under the agreement, JSW Neo Energy would acquire 100% shares of Virya Infrapower Private Limited, i.e., the target company. Consequently, Virya Infrapower Private Limited has become […]
Even as markets mostly stayed in the red, there was a splash of green on our pack today, as most stocks made up for a disappointing day yesterday. Leading the way were the larger developers Adani Green and NTPC Green, the former buoyed by news of another 250 MW of commissioning in Kadapa, Andhra Pradesh. […]
Adani Solar Energy AP Eight Private Limited, a subsidiary of Adani Green, has commissioned a 250 MW solar power project in Kadapa, Andhra Pradesh. With the commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 12,591.1 MW. The company had earlier guidance for well over a GW of commissionings before March […]
On a day when the key indices, as well as the broader mid cap index rose, most green energy stocks failed to catch the wind, so to say. NTPC Green, Borosil Renewables, Suzlon, SJVN and Premier Energies were just about able to eke out some gains, even as the rest slipped, and in some cases, […]
Singularity AMC, a growth equity firm backed by investor Madhusudan Kela and led by Yash Kela, along with its partners, has signed definitive agreements to invest up to INR 500 crore in Bhilwara Energy Limited (BEL). The investment will support BEL in creating an integrated energy transition platform, HEG Greentech1, focused on power assets, battery-grade […]
After the somewhat hesitant recovery of sorts we saw in some stocks last week, it was back to the slide again, as green energy stocks followed market directions to a T. From Gensol, (Down 5%)to KPI Green (Down over 4%) to Premier Energies and Waaree Energies, all suffered significant losses as the market mood remained […]
Renewable energy company CleanMax and Osaka Gas Group have signed an agreement to accelerate India’s green energy transition. CleanMax is Asia’s renewable energy provider having expertise in the Commercial and Industrial (C&I) sector. It is a Brookfield-backed company. The firm has now announced a long-term strategic joint venture with Osaka Gas Co. Ltd., a prominent […]
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