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ONGPL Acquires Ayana in Landmark INR 19,500 Renewable Energy Deal

India’s largest oil and gas producer Oil and Natural Gas Corp (ONGC) and nation’s biggest power company NTPC acquired renewable energy firm Ayana through their joint venture ONGC-NTPC Green Pvt Ltd (ONGPL), for an enterprise value of INR 19,500 crore (USD 2.3 billion).  ONGPL has signed a share purchase agreement with the current stakeholders National […]

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Green Stocks Feb 12: A Brake On The Slide?

On a day when the markets gyrated wildly, a late recovery in the markets couldn’t quite pull all the beaten down green stocks back. While the wind energy firms in our pack did end in the green, it was the solar manufacturers that made the most of the recovery ad well. For the developers and […]

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Gensol Q3-9 Month Revenues Up 42%

Gensol Engineering Limited, one of the oldest players in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions, announced its unaudited consolidated financial results for the quarter & nine months ended December 31st, 2024 (Q3 & 9M FY25). Consolidated Financial Summary:  Particulars (₹ in Crore) Q3 […]

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Clean Energy Financing: Are We Investing Enough?

Finance plays a vital role in the global push for renewable energy. Over the past decade, clean energy investments have grown significantly, driving gigawatt-scale renewable capacity additions and supporting related sectors, particularly in Asia, the Middle East, Europe, and North America. However, much more needs to be done for countries to meet their renewable energy […]

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Programme Associate – G6

Duties and Responsibilities:- Support the implementation and management of the Programme Provide dedicated programme, research, and administrative support to programme teams; prepare and/or consolidate comprehensive reports,documentation, correspondence, briefing notes, etc.; Revise and review correspondence and documentation, providing feedback and making amendments where appropriate, to contribute to production of these materials to time and quality standards. […]

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Green Stocks Feb 11: Meltdown Continues, In Sync With market

Green stocks continued their slide towards normalcy, at the cost of heavy losses for many investors, as the Indian markets continued to be skittish. While the current bout of weakness can be attributed mostly to the fear of a global tariffs war, ignited by Donald Trump, the larger worry is about how a tariffs-ridden global […]

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Madhya Pradesh To Soon Have Five Model EV Cities

The Madhya Pradesh (MP) Urban Development & Housing Department recently released the draft Madhya Pradesh Electric Vehicle (EV) Policy 2025. The draft document aims to develop robust and accessible EV charging infrastructure for all, including differently-abled individuals. MP’s draft policy designates Bhopal, Indore, Jabalpur, Gwalior, and Ujjain as model EV cities, where detailed plans will […]

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Green Stocks Feb 10: No Respite On Another Tough Day

With small caps and mid-caps coming in for some special selling, most of our green caps, which fall into either of the categories, suffered today. As we have said earlier, for some time now, the fate of these stocks is inextricably linked to the broader markets, making a revival very tough without a broader recovery. […]

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BHEL Gets HVDC Project To Transmit RE From Rajasthan, UP

Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent (LoI) from Rajasthan Part I Power Transmission Limited, a special purpose vehicle (SPV) under Adani Energy Solutions, for the BF800 HVDC Project, planned for completion by 2030. In a regulatory filing, BHEL confirmed that it will design and execute the High Voltage Direct Current […]

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