Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat Limited, has entered into a share subscription and shareholders’ agreement along with a power consumption agreement to acquire a stake in Oyster Green Hybrid […]
Adani Green Energy Limited (AGEL) has announced the results for the financial year (FY) 2025-26, ending March 31, 2026. The company’s revenue from power supply stood at Rs 116.02 billion in FY 2025-26, registering a […]
Emmvee Photovoltaic Power Limited has announced the results for the financial year (FY) 2025-26, ending March 31, 2026. The company reported revenue from operations of Rs 50.5 billion, reflecting a 116 per cent year-on-year (YoY) […]
EIE Renewables, a wholly-owned subsidiary of Enviro Infra Engineers, has entered into a share purchase agreement to acquire a 100 per cent stake in Suyog Urja. The acquisition will take place in a phased manner, […]
Websol Energy System Limited has announced financial results for the fourth quarter of financial year 2025-26 (Q4 FY 2025-26), ending March 31, 2026. The company reported a profit after tax (PAT) of about Rs 1.25 […]
Vikran Engineering Limited (VEL) has signed a share purchase agreement to acquire a 49 per cent stake in NOPL Solar Projects Private Limited for about $49 million. NOPL Solar Projects Private Limited is engaged in […]
REC Limited has announced its financial results for the financial year (FY) 2025-26. The company has reported an annual net profit of Rs 162.82 billion and a total dividend of Rs 18.55 per share for […]
TrueRE Oriana Power Limited has acquired 9,324,000 equity shares of Rs 10 each in its subsidiary, Truere Guj SPV Private Limited. The transaction was completed for a total consideration of Rs 120,168,600 in line with […]
The Solar Energy Corporation of India Limited (SECI) has issued a request for proposal (RfP) to scheduled commercial banks and financial institutions. The RfP is for the sanction of Rs 27.20 billion term loan on […]
Evren has secured around $600 million in financing for its firm and despatchable renewable energy (FDRE) hybrid project in Andhra Pradesh and Rajasthan. The project has an installed capacity of nearly 1 GW. It combines […]
Godawari Power and Ispat Limited has made an additional investment of Rs 50 million in its wholly owned subsidiary Godawari New Energy Private Limited. The subsidiary was incorporated in June 2025 and is currently in […]
Premier Energies Limited has completed the second and final tranche of the strategic acquisition of equity shares in Transcon Ind Limited. The company has acquired 52,073 equity shares of Transcon Ind allotted on a preferential […]
Jindal Stainless Limited has acquired an additional 4.6 per cent equity stake in Oyster Green Hybrid One Private Limited by investing Rs 0.23 billion. With this tranche, Jindal Stainless Limited has completed its committed investment […]
Cosmic PV Power Limited has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise Rs 6,400 million through an initial public offering (IPO). The issue consists […]
Indian Renewable Energy Development Agency Limited (IREDA) has signed a facility agreement with Sumitomo Mitsui Banking Corporation to raise external commercial borrowing amounting to JPY 28 billion. The arrangement includes a greenshoe option of up […]
Exide Industries Limited (EIL) has made an investment of Rs 4.5 billion by way of subscription in the equity share capital of its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL). The company has allotted 112,500,000 […]
Metafin has raised Rs 840 million through a structured debt facility from global credit provider Lendable. The funds will be used to expand access to affordable solar solutions, especially for small businesses and enterprises in […]
ACEN India, has raised Rs 7.52 billion from Mitsubishi UFJ Financial Group and Sumitomo Mitsui Banking Corporation. The financing has been raised for the company’s 100 MW wind power project in Bijapur, Karnataka. The company […]
The board of the Power Finance Corporation has approved a plan to borrow up to Rs 1.6 trillion from domestic and international markets for the financial year 2026-27. The company can raise up to Rs […]
Ecofy has raised Rs 3.8 billion in fresh equity funding. The investment round included participation from two global development finance institutions: British International Investment (BII), the United Kingdom’s development finance institution and impact investor, and […]
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