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Apollo Green Energy Plans To Go Public In 2025, Targets Rs 10,000cr Portfolio

Apollo Green Energy Limited (AGEL), part of Apollo International Group, is set to build a ₹10,000 crore project portfolio by 2025. Currently, the company manages an order book of ₹3,500 crore, with ₹2,500 crore of ongoing solar projects across various states in India. As part of its growth plan, AGEL is also preparing for a […]

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Green Tariffs, Budget Crucial For RE Growth in Rajasthan, Gujarat: Report

The Institute for Energy Economics and Financial Analysis (IEEFA), in a briefing note, recommended a multifaceted approach to accelerate the renewable energy transition in two renewable-rich states namely, Gujarat and Rajasthan. This involves implementing strategic measures to enhance financial resources, improve market dynamics, and support effective governance.  The note recommends the use of integrated green […]

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Ashish Khanna To Take Charge As 3rd DG at ISA

The seventh session of the ISA Assembly in progress in New Delhi has selected Ashish Khanna from India as its third Director General. The other office candidates included Wisdom Ahiataku —Togobo from Ghana and Gosaye Mengistie Abayneh from Ethiopia. Khanna, currently working as the head of the World Bank’s west and Central Africa programme, will […]

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Global RE Growth Hits New Highs Amid Falling Costs: IEA Report

Globally, renewable energy shows no signs of slowing down. In the first half of 2024, solar PV additions rose by 36%, electric vehicle sales increased by 25%, and wind power capacity additions kept pace with last year’s deployment, said report. International Energy Agency (IEA) recent report on Clean Energy Market Monitoring indicated that clean energy […]

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Shakti Pumps Q2 Analyst Call- 5 Main Takeaways

Fresh off a record Q2 performance, the management of Shakti Pumps tackled analyst questions post the results announcement, offering some interesting insights into the firm and the progress of the segment as well. For the record, in the September quarter, the firm recorded a turnover of Rs 635 crores, with operating profit coming in at […]

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Why NTPC Is Showing Lesser Interest In RTC & FDRE Tenders?

India’s public sector power giant NTPC Limited has now explained why it is shy when it comes to Round-The-Clock (RTC) and Firm and Despatacble Renewable Energy (FDRE) tenders. The response from the NTPC management came to the fore when a query was raised regarding the lesser participation of the group in renewable tenders. The NTPC […]

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AGM – Power Evacuation

An electrical engineer from well recognized institutions ( NIT’s or equivalent) with experience on the eBoP (electrical balance of plant) systems of wind/solar renewable sector. RESPONSIBILITIES:- Detailed engineering, Project planning & Management:- Electrical Balance of plant pertaining to Sub-station (up to 400 KV), Switching stations, and related transmission lines, from concept till commissioning of wind […]

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Green Stock Nov 4: As Markets Sweat Over US Elections, Green Stocks Resist

On a day when the broader markets dived, and dived low by over 1.25%, many of our green stocks proved resilient. Newly listed Waaree Energies stood out with another day of gains, inching closer to Rs 3000 per share. The large developers, from Adani Green to Tata Power to JSW Energy however had a tough […]

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Green Energy Developer Acme Solar’s IPO To Open On Wednesday, Nov 6

ACME Solar Holdings Limited’s Initial Public Offering will open on Wednesday, November 06. The company has set a price band at ₹275/- to ₹289/- per Equity Share, indicating final pricing in all probability at Rs 289 for each share with a face value of Rs 2 , considering the high demand for green developers. RHP […]

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