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ACME Sun Power Secures Rs.3,753 Crore Loan From REC For FDRE Projects

ACME Solar Holdings’ subsidiary, ACME Sun Power Private Limited, has secured a Rs. 3,753 crore term loan from REC Limited. This financing is extended to support the development and construction of a 320 MW Firm and Dispatchable Renewable Energy (FDRE) project in collaboration with SJVN. The Gurugram-based company’s recent project are planned to be located […]

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NLC India Plans To Go For IPO For Its Renewable Arm In FY26

Power Generation PSU NLC India Limited (NLCIL) is gearing up to launch the Initial Public Offering (IPO) of its green energy arm in the next financial year. In its latest investor call, the top management revealed that the company plans to proceed with the IPO of its renewable energy division within a specific time period. […]

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TPREL Commissions 126 MW Floating PV Project At Omkareshwar

Tata Power Renewable Energy Limited (TPREL), Tata Power’s renewable energy subsidiary, today announced the formal commissioning of the Omkareshwar Floating Solar Project of 126 MW capacity. The EPC contract for this project worth Rs. 596 crore was awarded by NHDC, a joint venture of NHPC Ltd and Madhya Pradesh government to TPREL. The project vaults […]

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Green Stocks Nov 13: Acme Makes Tepid Debut, Reshuffle In Green Pack

On a big day for green energy developers, one of the pioneering firms, Acme Solar finally listed on the bourses today. When we last checked, the price of Rs 255.15 which was below its cut off price of Rs 289, which will mark one of those rare occasions when a green energy stock has listed at […]

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Green Stocks Nov 12: Waaree, JSW, KPI Green Stand Out As Stocks Slump

The rush of FII selling has left India’s equity markets searching for a temporary bottom. That has meant a severe beating down of prices for many stocks, and our green brigade has not been left unscathed. Today was a day for newly listed Waaree energies to claw back the losses it suffered yesterday, as investor […]

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Green Stocks: Borosil Renewables Stock Price Surges Amid Q2 Results

On a day when the Indian solar glass manufacturer announced its Q2 results and H1 results, its stock prices soared to 9 percent, compared to its closing price last Friday. The share prices kept on increasing just before the results were announced. Besides, Borosil Renewables, only three forms Shakti Pumps, Tata Power and JSW Energy […]

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Datta Power Plans To Bid For PSPs, Hydro Projects Soon

Renewable energy company Datta Power Infra is now all set to jump onto the bandwagon of developing Pumped Storage Projects (PSPs) and hydro projects. The top management of the firm said that it is likely to bid for these projects from the next quarter. The company recently won a tender from NTPC for a 700 […]

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Green Stock Nov 8: Dip In Stock Prices Continues To Haunt Green Stocks

Days after the announcement of the new US President and higher growth of green stocks, the happy hours now seem to have faded. Most of the green stocks suffered losses and went back to pre-US election result days figures or even lower than that. The highest dent was seen by Waaree Energies whose stock rose […]

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Green Stocks Nov 7: Stocks Dragged Down With Market

Market gyrations caught up with green sticks yet again, as most slipped along with the broader market. The standouts were solar glass maker Borosil Renewables and Shakti Pumps, which hit the upper circuit today. With most results out of the way, it is clear that many in the markets believe that upsides in green stocks […]

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