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Rajasthan

Adani Green Q3 Results- PAT Rises 85% To Rs 474 crore

Adani Green Energy Ltd (AGEL), the green energy developer arm of the Adani Group declared its financial results for Q3 FY25 on Thursday evening. The firm has posted a strong set of results, posting an over 85 percent rise in consolidated net profit to Rs 474 crore for the December quarter on the back of […]

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Q3 Adani Energy Solutions: PAT Up 80% YoY At Rs 625 Cr.

Adani Energy Solutions Limited (AESL), a part of the Adani portfolio and a transmission and distribution company in India shared its financial and operational performance for the quarter and nine months ended December 31, 2024. The company highlighted some of its key achievements for Q3. “Adani Energy Solution saw a robust growth of 24% in […]

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Pralhad Joshi Reviews Solar Incentives Disbursed To Discoms

Union Minister of New and Renewable Energy Pralhad Joshi during a review meeting reviewed the disbursed amount of incentives released by the discoms for promoting rooftop solar. He highlighted the latest progress made by Rajasthan, Haryana, Punjab, Uttarakhand, and Uttar Pradesh Discom. The meeting reviewed the incentives released to Discoms for the financial years FY […]

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Gujarat Govt. Provides Funding For Solar Plants At 60 Sites, 32 Municipalities

The Gujarat Chief Minister’s Office (CMO) backs municipalities to establish solar power plants to produce green-clean energy in the state. CM Bhupendra Patel announced, that he has adopted an eco-friendly approach to further strengthen Gujarat’s leadership in the renewable energy sector. He intends to extend it to local self-government institutions through these projects.  Patel has […]

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Waaree RTL Gets 105 MWp Ground-Mount Solar Project For Rs. 277.20 Cr.

Mumbai-based solar EPC company, Waaree Renewable Technologies Limited has secured a 105 MWp ground-mount solar power project. The company secured approximately Rs. 277.20 Crores (Excl. Taxes) order. The company said in the regulatory filing “The project is scheduled to be completed in the financial year 2025- 26, as per the terms of the order.” The […]

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Advait Energy Bags 40,000 Off-Grid Solar Pumps Order In Karnataka

Gujarat-based company Advait Energy Transitions recently secured an off-grid solar order from Karnataka Renewable Energy Development Limited (KREDL). The company secured the order to develop 40,000 off-grid or stand-alone solar pumps under the PM-KUSUM Component ‘B’ scheme in Karnataka. Advait Energy said in a regulatory filing, “The company will design, develop, deploy, and maintain a […]

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Vikram Solar Announces 1 GW Module Order From JSW

Indian solar module manufacturer Vikram Solar has announced that it has secured a significant order to supply 1GW of solar modules. Under this contract, Vikram Solar will supply its advanced Hypersol N-Type TOPCON Glass-to-Glass Modules (580Wp and above) to fulfill the order. The modules are specifically designed to deliver enhanced efficiency, making them ideal for […]

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SBI Caps: Open Access Offered 20% Cost Advantage In Four States

India saw 2024 as a pivotal year for renewable energy, surpassing the 200 GW threshold in installed capacity. Solar energy installed capacity registered a healthy 8% y/y growth in CY24. The SBI Caps report noted exceptional growth and a blip in energy demand, with the non-utility share standing out due to a 25% increase, the […]

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Non-Utility Share Of Over 25% Stood Out In 2024 In India: SBI Caps

Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar adoption. Non-utility solar is poised for significant growth, with annual […]

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