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.
Inox Wind will carry out this project across four states: Madhya Pradesh, Karnataka, Rajasthan, and Maharashtra.
Suzlon Energy will acquire Renom Energy Services for ₹660 Crore, making it a subsidiary of the company.
It is the Adani Group's first equity raise in the capital market since its de-merger and listing from Adani Enterprises Ltd in July 2015.
The company recorded an 80% year-on-year increase in net profit to ₹521.80 Crore for the first quarter ending June 30, 2024.
Tata Power Solar & Bank of India partner to provide affordable financing to accelerate installation of Rooftop Solar and EV Charging Stations.

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