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ReNew power

L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment

Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […]

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Adani, Sterlite Power Complete Acquisition of Transmission Networks For 7 GW Evacuation from Khavda

Adani Energy Solutions Ltd (AESL), the transmission and distribution company of the Adani group, has completed the acquisition of the Special Purpose Vehicle (SPV) of the Khavda Phase IV Part-A transmission project, after receiving a letter of intent (LOI) from REC Power Development and Consultancy Ltd. Khavda IVA Power Transmission Ltd, a special purpose vehicle […]

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Renewables Contribute Only 4% To NTPC’s Turnover in FY24

According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […]

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SECI Appoints Sivakumar V Vepakomma Its Director (Power System)

The Solar Energy Corporation of India (SECI) today announced the appointment of Sivakumar V Vepakomma as its new Director for Power System. Prior to this, Sivakumar served at NTPC Green Energy Limited, a wholly owned subsidiary of NTPC Ltd as Chief General Manager. There he was responsible for engineering, contracts, commercial and business development functions. […]

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Juniper Green Gets CERC Nod For Power Trading Licence

Juniper Green Power Trading Private Limited, a subsidiary of Indian renewable energy company Juniper Green has now received approval from the Central Electricity Regulatory Commission (CERC) for starting power trading. This comes after the company approached the central power regulatory to get its nod.  In accordance with Regulation 3(3) of the Trading Licence Regulations, a […]

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NLC Set To Supply 200 MW Renewable Energy To Telangana

NLC India Limited (NLCIL) a Navratna Government of India Enterprise under the Ministry of Coal has signed a Power Usage Agreement with Telangana state discoms for 200 MW solar power at a competitive and affordable price under CPSU scheme for 25 years. NLC India Lmitted’s solar project is set to generate around 1,300 crore units […]

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Green Stocks Aug 28: Waaree Renewable Up 5%

Today’s stock market remained relatively stable as six out of 12 stocks of green companies received positive growth. Leading the charge, Waaree Renewable Technologies’ stock price surged by 5%. It was followed by Borosil Renewables, whose stock price rose by 2.73%. Other companies that saw marginal growth include Suzlon Energy, Tata Power, and Inox Wind […]

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ReNew Signs 437.6 MW Green Attribute Pact With Microsoft

ReNew, one of India’s leading renewable energy companies, announced the signing of a green attribute sale contract of 437.6 MW of capacity with American software technology giant-Microsoft. The contract is expected to generate over one million units of green electricity attributes annually, contributing to Microsoft’s ambition to be carbon-negative by 2030.  As part of the […]

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Green Stocks 27 August: Waaree Renewable Price Sees 5% Rise

After a long hiatus, nine out of eleven stocks saw a rise in prices, with Waaree Renewable Technologies taking the top spot with a 5% increase. This was followed by JSW Energy, which saw a 2.49% jump, and Tata Power, which experienced a 1.31% rise. Wind energy companies Suzlon Energy and Inox Wind Energy also […]

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