The company reiterated its focus on operational continuity, cost discipline, and supply reliability as it navigates a volatile market environment. GAIL (India) Ltd, the country’s leading natural gas transmission and marketing company, reported a profit after tax (PAT) of ₹69.68 billion for FY2025-26, reflecting moderated profitability amid geopolitical headwinds. Deepak Gupta, Chairman & Managing Director, said,...
Tag: Renewable Energy
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REC Posts Record ₹162.8 Billion Profit, Declares Highest Dividend
The company’s net worth strengthened to ₹842.9 billion by March 31, 2026, compared with ₹776.4 billion a year earlier, reflecting a 9 per cent rise. Despite global macroeconomic headwinds and geopolitical uncertainty, REC Ltd has reported its highest‑ever annual net profit of ₹162.8 billion for the financial year ended March 31, 2026. The state‑run financier...
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India Climbs to Third Globally in Renewable Energy Capacity, Adding Record 55 GW in FY2025-26
This marks the highest annual capacity addition ever, surpassing the previous record of 29.5 GW achieved in FY2024‑25. India has risen to third place globally in renewable energy installed capacity, overtaking Brazil, according to Union Minister for New and Renewable Energy, Pralhad Venkatesh Joshi. Citing Renewable Energy Statistics 2025 published by the International Renewable Energy...
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Fuel in Transition
Looking toward 2026 and beyond, India’s energy future will balance coal’s stability with renewables’ flexibility, increasingly supported by cleaner technologies and evolving policy frameworks, avers Janmejaya Mahapatra. As 2025 turned out to be another transformative year for India’s power sector, it is time to reflect on the forces that continue to shape one of the...
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Powering the New Industrial Ecosystem
A new generation of infrastructure providers is reshaping India’s warehousing into a strategic driver of manufacturing and economic growth, notes Aditi Kumar. India is undergoing one of the most transformative shifts in its industrial sector in recent history. The way companies manufacture products, manage logistics, distribution, and supply chains, and connect to global markets has...
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ISA and IIT Delhi Partner to Build Global Solar Skills
Through the new agreement, ISA and IIT Delhi will work together on capacity building, academic programmes, research, and outreach to advance solar talent globally. The International Solar Alliance (ISA) and the Indian Institute of Technology Delhi (IIT Delhi), one of India’s premier engineering and research institutions, formalised a framework for action on Friday to deepen...
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India’s Power Grid Crosses 500,000 Circuit Km, Marks 71.6% Growth Since 2014
India registered the achievement on January 14 with a 628 ckm, 765 kV transmission line from Bhadla II to Sikar II substation, boosting renewable energy evacuation capacity. India’s power sector has begun 2026 on a high note, with the national transmission network surpassing 500,000 circuit kilometres (ckm) of lines and 1,407 GVA of transformation capacity...
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Aerem Solutions Secures $15 Million to Drive Distributed Solar Adoption Across India
Led by SMBC Asia Rising Fund, the venture capital arm of Sumitomo Mitsui Banking Corp., the pre‑Series B round reinforces global investor confidence in India’s distributed solar story. Aerem Solutions, India’s leading full‑stack platform for distributed solar, has raised $15 million (₹1.36 billion) in a pre‑Series B round led by SMBC Asia Rising Fund, the...
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India Showcases Energy Transition at Davos: Joshi Calls for Global Collaboration
The cynosure of all eyes at Davos this year, Union Minister Pralhad Venkatesh Joshi emerged as a sought‑after voice as India crossed 267 GW of non‑fossil fuel capacity by December 2025, keeping the country firmly on track to meet its 2030 targets. At the World Economic Forum’s annual meeting in Davos, Union Minister for New...
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ABB Dispatches First India-Made Wind Converter After Gamesa Acquisition
The converter was produced at ABB’s state-of-the-art Nelamangala facility in Bengaluru and shipped to a wind turbine original equipment manufacturer (OEM). Global electrification and automation major ABB on Monday announced the dispatch of its first locally manufactured wind power converter in India, following its acquisition of Gamesa Electric’s power electronics business in December 2025 for...