Adani Green Energy hits 10,000 MW operational portfolio, leading India's renewable ; IREDA Sets New Milestones in Green Financing and More...

Adani Green Energy Ltd. (AGEL), India’s foremost renewable energy company, has achieved a significant milestone by surpassing 10,000 megawatts (MW) of operational portfolio. This achievement reinforces AGEL’s commitment to delivering reliable, affordable, and clean power to the national grid. The operational portfolio comprises 7,393 MW of solar capacity, 1,401 MW of wind capacity, and 2,140 MW of wind-solar hybrid capacity.

The Indian Renewable Energy Development Agency Limited (IREDA), India’s premier non-banking financial company focusing exclusively on green financing, has announced its highest ever annual performance figures for loan sanctions and disbursements in the financial year ending March 31, 2024. The company reported that it sanctioned loans totaling Rs. 37,354 crores and disbursed Rs. 25,089 crores over the course of the year, marking a substantial growth in its operations and financial outreach in the renewable energy sector.

Gensol Engineering Limited , a prominent player in the renewable energy sector specializing in solar power engineering, procurement, and construction (EPC) services, has announced its highest-ever revenue from operations for the financial year ending on March 31, 2024. The company’s provisional and unaudited financial results reveal a remarkable milestone, with revenue exceeding Rs. 960 Crores, representing an extraordinary growth rate of 141% compared to the previous financial year’s figure of Rs. 398 Crores.

NTPC Renewable Energy Limited (NTPC REL) is calling for online bids from eligible participants using a Single Stage Two Envelope approach. This comprises Envelope-I for the Techno-Commercial Bid and Envelope-II for the Price Bid, pertaining to the Balance of System Package (excluding land and transmission system) for a 1x500MW STU Connected Solar PV Project located at Bhadla, Rajasthan.

The Madhya Pradesh Electricity Regulatory Commission has introduced the Second Amendment to the Regulation on Forecasting, Scheduling, Deviation Settlement Mechanism, and Related Matters of Wind and Solar Generating Stations in 2018. This amendment, termed as AG-44(ii) of 2024, aims to address various aspects concerning renewable energy generation within the state.

Indian Oil Corporation Limited (Iocl) has announced a tender for the engineering, procurement, and construction (EPC) of a 1 MW grid-connected captive solar power project at its Northern Region Pipelines in Kurukshetra, Haryana.