Energy Sector

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.

According to the firm, the weighted average life of the bonds may be approximately 12.7 years