Sector Energy and Power - Latest news, views and updates

Energy and Power

Sector

Watch

Energy and Power

SECTOR | 21 May 2025, 09:04PM

Sanjay Banga named President-Renewables, to lead Tata Power's green unit

Business Standard

Tata Power on Wednesday redesignated Sanjay Banga, President-Transmission & Distribution as President-Renewables with effect from June 1, following the resignation of Deepesh Nanda from the post. Nanda has submitted his resignation due to personal commitments and will be relieved from his services with effect from the close of business hours on May 31, 2025, a regulatory filing said. According to the filing, pursuant to an internal reorganization Sanjay Banga, PresidentTransmission & Distribution has been re-designated as President Renewables and appointed as CEO & Managing Director of Tata Power Renewable Energy Ltd from June 1, 2025. Banga heads the Transmission and Distribution Vertical at Tata Power which includes Mumbai, Delhi, Ajmer Distribution and Powerlinks Transmission. Prior to this, he was Chief Executive Officer of Tata Power Delhi Distribution Limited (Tata Power-DDL), a Public Private Partnership (JV) of Tata Power and Government of National Capital...

Energy and Power

SECTOR | 21 May 2025, 03:51PM

Inox Green expands renewable portfolio with 639 MWp solar O&M deal

Business Line

This acquisition pushes Inox Green's solar O&M portfolio to approximately 1.6 GW and brings its total renewable O&M assets under management to over 5 GW

JSW Energy to invest 14k cr to expand RE capacity of O2 Power

Business Standard | 20 May 2025, 07:56PM

Energy and Power

SECTOR | 21 May 2025, 01:47PM

ACME Solar commissions 112.5 MW in Rajasthan, boosts operational capacity to 2,705 MW

Business Line

The addition follows commissioning of 52.5 MW in early May, bringing the project's total operational capacity to 165 MW out of the planned 300 MW.

Energy and Power

SECTOR | 21 May 2025, 11:56AM

Adani Green Energy operational RE capacity increases to 14,528.4 MW

Business Standard

Adani Green Energy Ltd (AGEL) on Wednesday said its total operational renewable generation capacity has increased to 14,528.4 MW. Adani Renewable Energy Fifty Seven Ltd, a wholly-owned step down subsidiary of the company, has operationalised an incremental solar power project of 187.5 MW at Khavda, Gujarat. With operationalisation of this plant, AGEL's total operational renewable energy generation capacity has increased to 14,528.4 MW, the company said in a filing. Based on the relevant clearances, it was decided at 8.11 a.m. on May 21, 2025 to operationalise the plant from May 22, 2025.

Adani Green Energy's Renewable Generation Capacity Rises To 14,528 MW

NDTV Profit | 21 May 2025, 11:51AM 9 more

Energy and Power

SECTOR | 20 May 2025, 11:20PM

India cuts down gas power capacity as idle plants become unusable

Business Standard

The nation's gas fleet totaled 20.1 gigawatts in April, compared with 25.2 a month earlier, data from the power ministry's Central Electricity Authority show

India Shrinks Its Gas Fleet As Idle Plants Become Unusable

NDTV Profit | 20 May 2025, 03:40PM

Energy and Power

SECTOR | 20 May 2025, 01:07PM

Power generation stock soars 25% in 2 days; bounce back 94% from April low

Business Standard

Shares of Inox Green Energy Services hit an eight-month high, surging 15% on the BSE in Tuesday's intra-day, amid heavy volumes

Energy and Power

SECTOR | 20 May 2025, 11:39AM

ACME Solar Holdings Q4 results: Net profit dips 77% to Rs 122 crore

Business Standard

ACME Solar Holdings has reported a more than 77 per cent dip in consolidated net profit to Rs 122 crore for the March quarter, mainly due to an exceptional gain in the year-ago period. In January-March FY24, the company had reported an exceptional gain of Rs 696 crore from the divestment of 369 MW of operational solar assets in Punjab, Uttarakhand, and Karnataka, it said. The company had clocked Rs 532.3 crore net profit in Q4 FY24 on account of the exceptional gain. However, the company increased its total income to Rs 539.2 crore in the fourth quarter from Rs 318 crore in the year-ago quarter, a BSE filing said on Monday. As per the filing, its finance costs increased to Rs 205.5 crore from Rs 177.3 crore in the January-March period of FY24. Depreciation and amortisation expenses also rose to Rs 102.2 crore from Rs 61.2 crore in Q4 FY24. For the entire FY25, the net profit rose to Rs 250.8 crore from Rs 697.7 crore in FY24. In a separate filing, the company said its wholly-own

Energy and Power

SECTOR | 19 May 2025

Inox Green expands solar O&M portfolio to nearly 1 GW

Business Line

Inox Green Energy Services secures agreements to provide operations and maintenance services for 285 MWp of solar projects

Inox Green Energy Services ink pacts to provide O&M services for 285 MWp solar projects

Business Line | 19 May 2025

Energy and Power

SECTOR | 19 May 2025

Q4 Results Live: BEL, DLF, Sun Pharma, Power Grid, Honda India, Karur Vysya Bank, NLC India, ACME Solar Holdings to announce Q4 results

Business Line

Q4 ResultsMay 19, 2025 live updates: Find all the latest Q4 results 2025 updates for Power Grid Corporation of India, Bharat Electronics, DLF, Honda India Power Products and more here.

Energy and Power

SECTOR | 17 May 2025

ZF Wind Power unveils India's largest 13.2 MW wind gearbox test rig

Business Line

The 13.2 MW test rig strengthens our broader strategy to drive sustainable energy solutions and empowers the development of more efficient and reliable wind turbines,' said President, ZF Group India

Waaree Renewable Technologies secures Rs 114 cr solar project order

Business Standard | 16 May 2025