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Record Renewable Numbers Support Green Energy Stocks (April 10)

On a day when the government announced record renewable capacity additions for FY24, green energy stocks continued to stay strong, other than a sharp 3.3% fall in Inox Wind. Waaree Renewable continues on its merry way in anticipation of possible restructurings and a strong growth pipeline, even as SJVN seems to have recovered on the []

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Another Strong Day For Green Energy Stocks As Uptrend Continues

April 5, 2024. Even as Waaree Renewable seemed to pause its march to new highs in the morning before resuming in the second half, JSW Energy and SJVN also enjoyed a good day with 2% plus gains. All eyes in the market will now probably shift to the first of the quarterly results expected in []

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Waaree Renewable Leads Gains Among Green Stocks with +5.00% rise on April 4

In our new tracker for Green Energy stocks, we will bring you a daily update on key green energy stocks and their price movement on the Bombay Stock Exchange. Its a sector that deserved to be covered, not just because of the hype and visibility that has taken many of these shares to lifetime highs, []

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MERC Rejects Textile Firms Plea for CUF Waiver, PPA Amendment

MERC (Maharashtra State Regulatory Commission) has quashed a petition filed by Sarla Performance Fibers Ltd. (SPFL) looking for removal of a penalty of Rs.1,14,00,000 (for FY 2019-2020 and 2020-2021) on it on a Power Purchase Agreement (PPA) on a wind power project with the state electric power distribution company MSEDCL. The firm was also hoping []

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Adani Group Secures 10.80 Lakh Smart Meters for BEST Power Consumers in Mumbai

Recently, Adani Transmission, part of the Adani group won the bid to install 10.80 lakh Smart Meters for Bombay Electric Supply & Transport (BEST) customers, which will empower the distributor to automatically turn off the power supply of bill defaulters. The installation of smart meters will be finished in two and a half years, according []

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Top 10 States for Renewable Energy Installations in Last 4 Years

A list of the top 10 states that have implemented the maximum amount of renewable energy projects in the last four years. As part of Intended Nationally Determined Contributions as per the Paris Accord on Climate Change, India has undertaken to install at least forty percent of its total electricity generation capacity from non-fossil fuel []

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Adani Green Energy Arm Awarded 150 MW Solar Tender in Gujarat

The project is expected to be commissioned by October-December quarter of the 2020-21 financial year. Adani Green Energy in a recent regulatory filing has announced that its wholly-owned subsidiary Adani Renewable Energy Park (Gujarat) has been awarded a tender to set up 150 MW of solar power projects in the state of Gujarat. The project is expected []

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Adani Green Energy Arm Mahoba Solar Bags 390MW Hybrid RE Project

The project is expected to have a solar generation capacity of 360 MW and wind generation capacity of 100 MW. Mahoba Solar (UP) Private Limited, a wholly owned subsidiary of Adani Green Energy has been awarded 390 MW of capacity in hybrid renewable energy project. The tender for which was floated by the Solar Energy []

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Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST

According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels, will be charged at a rate of 18 Goods and Services []

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