SUBSCRIBE NEWS LETTER

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Adani Sets Plans Rolling for Wind Turbine Manufacturing

Adani Enterprises Ltd (AEL) on Tuesday infirmed the stock exchanges about having incorporated a wholly-owned subsidiary company for manufacturing wind turbine generators. In a filing to BSE, the company said  a fully owned subsidiary, Mundra Windtech Limited (MWL) was incorporated on on June 7, 2021. On the objects and effects of acquisition/incorporation for the acquisition of […]

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BYD Backed Olectra Greentech Wins Bid for 100 E-Buses

The BYD partnered electric buses (E-buses) maker Olectra Greentech announced on Monday that along with its sister company Evey Trans Pvt Ltd, it has won the bid for 100 electric buses. The consortium of both the companies has won the bid to supply 100 electric buses to a  State Transport Corporation (STC) in the country […]

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SJVN Ltd Bags 75 MW Solar Project in Jalaun, UP

Hydroelectric power generation company SJVN Ltd announced on Friday its winning of a 75 MW grid-connected solar project in Jalaun, Uttar Pradesh. SJVN Ltd, which is a joint venture of the Government of India and the Himachal Pradesh government, has said in a statement that the power generated from the project will be procured by Uttar Pradesh New […]

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Is The SB Energy Exit A Worrying Sign For India?

By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total  assets including project pipeline, has been cited as a possible warning sign for India’s […]

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In a Tumultuous Year, Utility-Scale Solar Installations Decline 39% in FY21

According to a new report by JMK Research, about 3.5 GW of new utility-scale solar capacity was added in India in the fiscal year 2021 (April 2020-March 2021). Compared to the previous year (FY20), installations were about 39% lesser. While the wind capacity of the country increased by 1.5 GW in FY2021, it was found […]

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Adani Green Energy Posts 136% Increase in Cash Profit for FY21

Adani Green Energy, a part of the Adani Group, has announced its financial results for the quarter and financial year ended March 31, 2021. The company has reported strong numbers across its value chain including cash profit and awarded capacity in national tenders. Financial Performance: The firm reported that revenue from Power Supply in FY21 […]

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Surana Ventures Ltd

Surana Solar Limited is part of the Surana Group Hyderabad, India. Founded in 1978, the Surana Group is one of the Country’s leading Industrial Companies and a strong well-diversified conglomerate which is active in the areas of Solar & Wind Power, Telecommunications, Metal Processing and Infrastructure. With its 1200 highly motivated and qualified employees Surana […]

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At 0.88% of all Vehicle Registrations, EVs Record Their Highest Share in Indian Market

According to the CEEW-CEF, registrations for EVs accounted for 0.88% of all registrations in the last fiscal- the highest share ever achieved. According to the CEEW Centre for Energy Finance’s (CEEW-CEF) electric mobility dashboard, the e-mobility sector in India has been slowly pulling itself out of the COVID-19 induced slump recording nearly 1.35 lakh electric vehicle […]

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Syska to Participate in Carbon Finance Based Gram Ujala LED Scheme With CESL

Syska LED has won the tender by CESL to supply LEDs for homes in rural India based on carbon finance under the Gram Ujala scheme Syska LED has announced that it has won a uniquely structured tender by public sector entity Convergence Energy Services Limited (CESL) to supply LEDs for homes in rural India based […]

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