Ministry of Power Establishes Steering Panels to Oversee PFC and REC Merger
Ministry Initiatives and Oversight Mechanisms As of April 2026, the Ministry of Power has initiated the merger process between Power Finance Corporation (PFC) and…
Finance and M&A
Jakson Green Signs $465 Million Green Ammonia Purchase Agreement with SECI under National Green Hydrogen Mission
Jakson Green has formalized a definitive Green Ammonia Purchase Agreement (GAPA) with the Solar Energy Corporation of India Limited (SECI), representing a landmark transaction…
Waaree Renewable Technologies Reports FY26 Revenue Increase of 108% to ₹3,331 Crore; Q4 Revenue Rises 131%
Executive Summary: Annual and Quarterly Growth Lead Waaree Renewable Technologies Limited (WRTL) reported a significant increase in financial performance for the fiscal year ended…
IEX Market Report: G-DAM Volumes Reach 29.12 Lakh MWh as High-Price Segment Hits ₹20,000 Ceiling
During the week of April 16–23, 2026, the Indian Energy Exchange (IEX) recorded a total Green Day-Ahead Market (G-DAM) clearance volume of 29.12 Lakh…
REC Limited Board Authorizes ₹1.7 Lakh Crore Borrowing Blitz to Bridge India’s Energy Transition Funding Gap
The board of REC Limited has greenlit an aggressive ₹1.7 lakh crore (₹1.7 trillion) Market Borrowing Programme (MBP) for Financial Year 2026-27, signaling a…
IREDA Secures ¥28 Billion ECB Facility from SMBC for Renewable Energy Financing
On March 30, 2026, the Indian Renewable Energy Development Agency Limited (IREDA) signed a facility agreement with Sumitomo Mitsui Banking Corporation (SMBC), Singapore Branch,…
Indosolar Limited Reports FY26 Financial Results and Expansion of G12 Manufacturing Capability
Indosolar Limited has released its financial and operational results for Fiscal Year 2026, reporting revenue of ₹679.85 crore, a 109.9% year-over-year increase. The company’s…
Vedanta Limited Approves Demerger and Listing of Vedanta Power Limited
The Board of Directors of Vedanta Limited approved final implementation steps for its corporate demerger on April 20, 2026. The company designated May 1,…
Adani Green Energy FY26 Operational and Capacity Performance Report
Fiscal Year 2026 Summary Adani Green Energy Ltd (AGEL) concluded fiscal year 2025-26 (FY26) with an operational capacity of 19.3 GW, a 35% year-on-year…
Waaree Renewable Technologies Limited Reports Q4 and Full Year 2025-26 Financial Results
Waaree Renewable Technologies Limited (Waaree RTL), a subsidiary of Waaree Energies Limited and a specialist in the solar Engineering, Procurement, and Construction (EPC) sector,…