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Source: Live Mint Energy-efficient solutions provider Servotech Power Systems announced on Tuesday, 24 June 2025, that it has received a ₹60 crore 16 MW on-grid solar rooftop project order from the Madhya Pradesh Urja Vikas Nigam Ltd, according to an exchange filing. “We are pleased to inform all our stakeholders that the company has secured…
Source: Live Mint ACME Solar Holdings on Friday said it has inked a pact with state-owned NHPC to supply 250 MW of electricity from a renewable energy project in Rajasthan. The power purchase agreement (PPA) has been signed at a tariff of ₹4.56 per kWh for a minimum annual Capacity Utilization Factor (CUF) of 40…
Source: Live Mint The National Stock Exchange of India (NSE) has received approval from the markets regulator to launch monthly electricity derivatives contracts, said the exchange in a filing. Also Read | Nifty 50 reclaims 25,000, next hurdle at 25,300 Plans are underway to gradually introduce contracts for difference (CFDs) and other long-duration electricity derivatives…
Source: Live Mint Indian equity markets continued their upward momentum in May 2025, driven by solid domestic and foreign investor flows, according to HSBC Mutual Fund. In its latest monthly commentary, HSBC MF said the BSE Sensex and NSE Nifty gained 1.7 percent and 1.9 percent, respectively, during the month, reflecting a steady rise in…
Source: Live Mint Shares of Servotech Renewable Power Systems saw strong upward momentum on Monday, May 19, rising by as much as 4.5 percent during intraday trading. The uptick followed reports that Errol Musk—the father of Tesla and SpaceX CEO Elon Musk—is planning a visit to India between June 1 and June 6, during which…
Source: Live Mint Adani Green Energy Q4 Results: Adani Green Energy announced its Janaury to March quarter results for the 2024-25 fiscal on Monday, April 28, 2025. The renewable energy company’s net profits rose 24 per cent to ₹383 crore in the fourth quarter of the financial year ended 2024-25, compared with ₹310 crore in…
Source: Live Mint Shares of Indian Renewable Energy Development Agency Ltd (Ireda) rose almost 4% after reporting a 49% growth in net profit in Q4 of FY25, thanks to strong credit offtake and improved interest margins. With the cut in the benchmark repo rate by 50 basis points to 6% over the past two monetary…
Source: Live Mint The big day is here! FM Sitharaman will deliver her 8th Budget speech at 11 a.m. Even though it’s a Saturday, stock markets (BSE and NSE) will remain open. This will be her second full Budget under Modi 3.0 and her eighth overall, including six annual and two interim Budgets during the…
Source: Live Mint Hence, the focus will be on employment generation, skill development, and providing relief to a large mass of people distressed by inflation, with the overall objective of pushing up the GDP growth rate. Let’s do some crystal ball gazing and share ideas on the direction that the Budget 2025 proposals may take…
Source: Live Mint Stock Market Today: Shares of Waaree Energies climbed 4 percent on Wednesday, December 11, after the Company has today received Letter of Award (LoA) for the development of 170 MW Solar power plant in Madhya Pradesh, from Rewa Ultra Mega Solar Limtied (RUMSL). The Solar power plant will enable the generation and…
