CESC’s Purvah Green Power to Acquire 1.4 GW Solar Portfolio from ReNew for ₹48.59 Billion
Purvah Green Power Private Limited, the renewable energy arm of power utility CESC, has entered into a binding agreement to acquire a 1.4 GW…
Finance and M&A
Inox Wind Q1 FY 2027 Revenue Slips 1.5% to ₹8.14 Billion; Order Book Hits Record 4.4 GW
Inox Wind Limited (IWL) reported revenue from operations of ₹8.14 billion for the first quarter of fiscal year 2027, representing a 1.5% year-over-year (YoY)…
Premier Energies Reports Q1 FY 2027 Results: Revenue Rises 35% to ₹2,462.6 Crore as Net Profit Increases 53%
Premier Energies has delivered a robust financial performance for the first quarter of FY 2027, with net profit growth significantly outpacing top-line expansion. The…
Vikram Solar Reports 38% Revenue Growth in Q1 FY 2027 Amid Sharp Margin Compression
Vikram Solar reported revenue from operations of ₹15.63 billion (₹1,563 crore) for the first quarter of fiscal year 2027 (ended June 30, 2026), a…
MNRE Seeks Approval for ₹50,000 Crore GEC Phase III to Evacuate 135 GW via PPP Model
The Ministry of New and Renewable Energy (MNRE) is seeking Union Cabinet approval for the Green Energy Corridor (GEC) Phase III, a critical infrastructure…
SECI Concludes 1 GW FDRE Auction: L1 Tariff Discovered at ₹5.25/kWh for 1,000 MW Awarded Capacity
The Solar Energy Corporation of India (SECI), acting in its capacity as an Intermediary Nodal Agency, has finalized the auction for its 1,000 MW…
Aegeus Technologies Lists on BSE SME Platform Following 24.33x Total Subscription
Bengaluru-based Aegeus Technologies Limited, a pioneer in patented waterless solar robotic cleaning systems, successfully debuted on the BSE SME platform on August 11, 2026.…
Cabinet Approves ₹23,731 Crore GOBARdhan National Circular Bioenergy Scheme to Scale Compressed Biogas Production
The Union Cabinet, led by Prime Minister Narendra Modi, has authorized a ₹23,731 crore financial outlay for the GOBARdhan – National Circular Bioenergy Scheme…
Tamil Nadu Announces ₹100,000 Rooftop Solar Subsidy Ceiling with ₹500 Million Budgetary Allocation
The State Top-Up Announcement During the presentation of the Revised Budget Estimates for 2026-27 on August 5, 2026, Dr. N. Marie Wilson, the Tamil…
MERC Approves BEST Procurement of 220 MW Solar and 110 MW BESS with ₹0.07/kWh Trading Margin
On August 06, 2026, the Maharashtra Electricity Regulatory Commission (MERC) approved a proposal by the Brihanmumbai Electric Supply and Transport (BEST) Undertaking for the…