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renewable power in India

NHPC Revises MoU With Maharashtra Govt For 7,350 MW PSPs

On September 3, State owned NHPC (National Hydroelectric Power Corporation Private Limited) said that it has re-entered a memorandum of understanding (MoU) with the Maharashtra’s Department of Water Resources (WRD) for 7,350 MW renewable energy storage systems. The MoU aims to establish energy storage systems, specifically pumped storage projects (PSPs), in the state of Maharashtra. […]

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Jakson Engineers To Invest Rs 2,000cr On Solar Manufacturing

Jakson Engineers Ltd (JEL), part of the energy and infrastructure conglomerate Jakson Group, announced an expansion of its solar manufacturing business. The company plans to invest approximately Rs 2,000 crore for setting-up a 2,500 MW Solar Cell manufacturing facility, which will be developed in two phases and is simultaneously expanding its existing solar module manufacturing […]

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Green Stocks Sept 3: Suzlon Energy Stock Prices Up

On a day when Indian solar cell and solar module manufacturer Premier Energies entered the stock market, most of the green companies reported positive growth. The highest growth was seen by Suzlon Energy which reported a growth of 0.96%. Company name Closing Price On Sept 2 Closing Price on Sept 3 Change % Borosil Renewables […]

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PM-KUSUM: JREDA Awards Contract To Solartive For Solar Pumps

Jharkhand Renewable Energy Development Agency (JREDA) has awarded the contract of solar pumps under the PM KUSUM scheme to Solartive, a water and infrastructure company, the firm said today. Under the project, the company will provide farmers solar pumps with an aim to decarbonise irrigation activities on the farmlands. This project, valued at approximately Rs […]

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PM KUSUM: UPNEDA Issues Bids To Solarise 10,000 Solar Pumps

Intending to solarize 10,000 grid-connected agriculture pumps under KUSUM Component C-1, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) recently released a tender. The tender aims to supply, install, test, and commission distributed grid-connected solar PV systems with 5 years of comprehensive maintenance. UPNEDA has set 23rd September as the last date for […]

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Green Stocks Sept 2: Adani Green, SJVN Stocks Shine

As the market opened up this Monday, most green energy companies witnessed a plunge in their stock prices. Only three companies namely-Adani Green, SJVN and Sterling & Wilson witnessed a positive growth in their stock prices. The stock prices of Adani Green (AGEL) witnessed the sharpest rise of 5.69 percent. It was followed by SJVN […]

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Ministry Of Finance Grants Navratna Status To SECI, NHPC And SJVN

In a significant indicator of their growing stature and performance, the Ministry of Finance recently conferred ‘Navratna’ status to three Central Public Sector Enterprises (CPSE) namely, Solar Energy Corporation of India (SECI), National Hydroelectric Power Corporation (NHPC), and SJVN to develop and expand Renewable Energy (RE) capacity in India under the Ministry of New and […]

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Inox Wind’s EPC Arm Resco Global To Raise 350cr Equity

Indian wind energy company Inox Wind Limited (IWL) today announced that the board of its subsidiary, Resco Global Wind Services Pvt. Ltd. (Resco Global), an EPC Projects company, has approved Rs 350 crore equity raise from marquee investors for a single digit stake. The funds will be utilized to scale up the business offerings and […]

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Green Stocks Aug 30: KPI Green Energy, Shakti Pumps Stocks Shine

This week’s stock market closed on a brighter note, with the majority of green energy stocks witnessing positive growths. KPI Green Energy and Shakti Pumps showed upward movement, with their stock prices rising by 4.79% and 3.57%, respectively. Other companies whose stock prices gained today included Waaree Renewable Technologies, Sterling and Wilson Renewable Energy, TATA […]

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