Tata Power Reports Record Full-Year Profit Amid Quarterly Revenue Decline
Tata Power Company Limited posted its highest-ever annual reported profit of ₹5,118 crore for the fiscal year ending March 31, 2026 (FY26), representing a…
Finance and M&A
Mascot Dynamics and Amrut Energy Finalize Strategic Merger to Form Specialized Water and Solar Pumping Division
AHMEDABAD, India—May 11, 2026—In a significant consolidation within India’s renewable infrastructure sector, Ahmedabad-based Amrut Energy Private Limited has finalized its merger with Mascot Dynamics…
Andhra Pradesh SIPB Sanctions ₹2.02 Trillion Investment Surge to Anchor AI and Renewable Energy Ecosystems
Strategic Investment Summary On Wednesday, Chief Minister N. Chandrababu Naidu chaired the 11th meeting of the State Investment Promotion Board (SIPB), presiding over the…
Dalmia Cement Bharat to Acquire 41% Stake in Oyster Green Hybrid Five for ₹17.35 Crore
In a decisive move to accelerate its decarbonization roadmap and hedge against long-term tariff volatility, Dalmia Cement (Bharat) Limited (DCBL) signed definitive agreements on…
Waaree Energies FY26 Outlook: Revenue Projected at ₹1,94,190 Million Amidst 17.9 GW Capacity Build-Out
Waaree Energies is entering a “scorch ahead” phase, with financial projections for the fiscal year ending March 2026 (FY26E) indicating a significant leap in…
ROSI Secures €20 Million Series B Funding to Scale High-Value Solar Recycling in Spain
In April 2026, the Grenoble-based cleantech company ROSI announced it has secured over €20 million (USD $23 million) in new funding. This capital is…
Maharashtra Cabinet Approves ₹12,303 Crore MAGESTIC Scheme to Scale Renewable Energy to 50% by 2030
The Maharashtra state cabinet, chaired by Chief Minister Devendra Fadnavis, approved the “Maharashtra: Accelerating Green Energy and Storage Technologies Integration in Connected Grid” (MAGESTIC)…
ICRA Reaffirms [ICRA]AAA (Stable) Rating for POWERGRID; Assigns AAA to ₹30,000 Crore Bond Programme
Rating Reaffirmation and New Assignment ICRA has reaffirmed the [ICRA]AAA rating with a Stable outlook for Power Grid Corporation of India Limited (POWERGRID). In…
Enviro Infra Engineers to Acquire Suyog Urja for ₹311 Crore in Strategic Wind Energy Entry
Transaction Overview Enviro Infra Engineers Limited (EIEL), through its wholly owned subsidiary EIE Renewables Private Limited, has entered into a definitive agreement for the…
Websol Energy System Reports Q4 FY26 Revenue Growth of 132.1% and PAT Increase of 157.9%
Websol Energy System reported revenue of ₹401.45 crore for the fourth quarter ending March 31, 2026, representing a year-on-year (YoY) increase of 132.1% from…