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SECTOR | 02 Feb 2025

HMPL to invest Rs 2,500 crore in 500 MW solar project in Andhra Pradesh

Business Standard

Infra-to-energy player Hazoor Multi Projects Limited (HMPL) has plans to set up a 500 megawatt solar project in Andhra Pradesh at an investment of Rs 2,500 crore. It has already submitted a proposal with the state government to set up the project in Prakasam district over an area of 2,000 acres, as per information shared by the company. The AP government in a communication said New & Renewable Energy Development Corporation (NREDCAP) will facilitate for successful execution of proposed solar park project. The state government has also asked the company to submit its detailed project report (DPR) for the project. HMPL is into renewable energy and building road projects on an engineering, procurement and construction (EPC) basis. Last week, the company made a foray into the domestic renewable energy sector with the development of 1.2 GW of clean energy projects spread across 4,200 acres land in Maharashtra.

Energy and Power

SECTOR | 01 Feb 2025

Union Budget 2025: Develop 100 GW of nuclear power capacity; focus on SMRs

Business Line

Development of at least 100 GW of nuclear energy by 2047 is essential for our energy transition efforts'

Inox Wind, Borosil, KPI Green And More: Renewable Energy Stocks Up Ahead Of Budget

NDTV Profit | 01 Feb 2025 3 more

Energy and Power

SECTOR | 01 Feb 2025

Inox Wind share price jumps nearly 12% ahead of Nirmala Sitharaman's budget 2025 speech. Do you own?

livemint

Inox Wind share price rose nearly 12% after its Q3 earnings report, revealing a consolidated profit after tax of 239 crore, up from 33 crore last year. Revenues surged 96% to 994 crore, with an order book of 3,286 MW, 28% higher than last year.

Inox Wind Q3 result: Profit jumps to Rs 239 cr backed by revenues

Business Standard | 31 Jan 2025

Energy and Power

SECTOR | 31 Jan 2025

Confident of US demand despite Trump's concerning policy: Waaree CEO

Business Standard

Waaree expects most of its 5.4 GW solar cell manufacturing capacity in the western state of Gujarat to be operational by March-April this year. The company has about 13.3 GW of capacity module

Energy and Power

SECTOR | 30 Jan 2025

HVDC a $30 bn market but India barely in the game: Sterlite Power MD

Business Standard

Renewable energy is now the cheapest power source. Companies primarily buy it for cost savings, with environmental benefits as a bonus

Wind industry seeks policy parity, infra support to meet energy goals

Business Standard | 30 Jan 2025

Energy and Power

SECTOR | 30 Jan 2025

Andhra Pradesh investment board approves projects worth Rs 44,776 crore

Business Standard

Andhra Pradesh investment board has approved projects worth Rs 44,776 crore this month, largely in the clean energy space, which will generate 19,580 jobs, the state government said. Of the projects approved, Rs 42,932 crore worth of projects are in the energy sector, mostly solar energy. The energy projects cleared include Rs 14,328 crore investment by Navayuga Engineering Company Ltd and Rs 10,300 crore investment by Megha Engineering and Infrastructure Ltd. Other companies whose projects were cleared include Tata Power Renewable Energy Ltd (RS 2,000 crore), Ayana Renewable Power Pvt Ltd (Rs 4,435 crore), Ampin Energy Transition Pvt Ltd (Rs 3,142 crore), SAEL Solar MHP1 Pvt Ltd (Rs 1,728 crore), SAEL Solar MHP2 Pvt Ltd (Rs 1,728 crore), Cuddapah Renewables Pvt Ltd (Rs 1,163 crore) and Ecoren Energy India Pvt Ltd (Rs 1,651 crore). According to the state government, Rs 1,844 crore worth of projects in other sectors were also approved. Since July 2024, the State Investment Promotio

Jakson Green, Blueleaf Energy to develop 1 GW solar projects in Rajasthan

Business Standard | 30 Jan 2025 3 more

Energy and Power

SECTOR | 30 Jan 2025

PM's Free Electricity Plan Achieves 8.6% Installations In First Year Of SchemeProfit Exclusive

NDTV Profit

Industry experts believe the installations will pick further in FY26 and FY27.

Energy and Power

SECTOR | 30 Jan 2025

Q3 results preview: L&T revenue seen rising 21% driven by infra

Business Line

We believe that not only can the uptick in Middle East capex sustain but also may accelerate over the next 2-3 years, especially in Energy, T&D and Renewable Energy: BNP Paribas

Energy and Power

SECTOR | 28 Jan 2025

No 1 position in Indian two-wheeler market is within sight: Honda

Business Standard

Japan's Honda Motor Co Ltd on Tuesday said it is within reach of achieving the number one position in the Indian two-wheeler market and will introduce a variety of products, including scooters and EVs, to solidify its position. The company, which parted ways in 2011 with erstwhile partner Hero MotoCorp -- the current market leader, said it will also strive to capture the largest market share in the electric two-wheeler segment in India, where it will begin operating a dedicated electric two-wheeler production plant in 2028. "We have launched highly competitive products of all kinds... With the advantage of the strength of 6,000 dealers and service networks covering all the geographies of India, we have increased the unit sales. Now, the number one position is well within our sight," Honda Motor Co Executive Officer, Chief Officer, Head of Motorcycle and Power Products Operations, Motorcycle Business Unit, Minoru Kato said in a news conference in Tokyo. "Going forward, we will...

Energy and Power

SECTOR | 28 Jan 2025

Avaada Group To Invest Rs 20,700 Crore On Various Renewable Energy Projects In Odisha

NDTV Profit

The funds will be utilised to develop 1,500 MW of floating solar projects, two 1,000 MW pumped storage projects and green energy equipment manufacturing units.