Waaree Energies plans to have 11.4GW of solar cell capacity by FY27.

By fiscal year 2026-27, Waaree Energies hopes to have an integrated solar cell manufacturing facility with a capacity of 11.4 gigawatts (GW), according to Sonal Shrivastava, the company’s chief financial officer. With an approximate expenditure of Rs 2,400–2,500 crores, Waaree Energies will commission 5.4 GW of solar cell production capacity in the current fiscal year….

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Premier Energies gains 8% as its companies secure several orders worth Rs 560 crore.

Following many orders worth Rs 560 crore being obtained by its subsidiaries, Premier Energies surged 7.8% to an intraday high of Rs 1,160. Premier Energies International and Premier Energies Photovoltaic, the company’s wholly-owned subsidiaries, were awarded numerous orders by two sizable independent power producers. The subsidiaries of Premier Energies Limited, Premier Energies International Private Ltd.,…

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JSW Energy and MSEDCL sign PPAs for 1,200 MW of combined solar and wind power.

JSW Renew Energy Limited and JSW Renew Energy Thirty Limited, the company’s step-down subsidiaries, signed Power Purchase Agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd (MSEDCL) on Friday for STU-connected Solar-Wind Hybrid Capacity, JSW Energy Limited announced. Two hybrid projects totaling 1,200 MW in capacity have PPAs signed by the company. Each project has…

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FDI equity flows increased by 48% to $16.1 billion in the April–June period.

As per the Department for Promotion of Industry and Internal Trade, the services, computer software, and non-conventional energy sectors accounted for the majority of the 48% year-over-year increase in Foreign Direct Investment (FDI) equity flows into India during the April-June quarter, which amounts to $16.1 billion. Trading, medicine, chemicals, cars, and telecom are among the…

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L&T receives a significant order for its Power Transmission & Distribution Business in the Middle East.

On Wednesday, Larsen & Toubro reported that the Middle East has given it significant orders for its Power Transmission & Distribution Business in the region of Rs 2500 crore–Rs 5000 crore. According to reports from the United Arab Emirates, a reputable service provider to the energy sector has given the company a contract to build…

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