Energy Sector

The demand for energy storage solutions in India is growing. Battery stocks provide an opportunity to benefit from this trend.

This strategic collaboration aims to boost operational capabilities and contribute significantly to India’s renewable energy landscape.

Earlier this week, Bahadur Dastoor resigned as the company's Chief Financial Officer (CFO), effective September 21.

The organisation received the order from Sai Bandhan Infinium Pvt Ltd. According to the agreement, the project will be finished in stages by July 2025.

Contract termination has a negative influence on turnover and proportionate profit due to the number of pending contracts to be executed.

This initiative is part of Component-B of the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) Scheme.

According to the company's stock exchange filing on Tuesday, Sun Drops Energia plans to complete the projects during the current fiscal year.

TotalEnergies owns a minority stake in Adani Green, which manages the Indian conglomerate Adani Group's renewable energy portfolio.

The money raised will be used to expand the business offerings and capitalise on large-scale prospects in the Indian wind industry

The termination was communicated via a letter from JUSNL dated August 14, 2024, which BGR Energy received on August 20, 2024.