Q4PAT up 87% at Rs 714 crore FY25 PAT of Rs 2,427 crore excluding exceptional item of Rs 1506 crore, up 103% YoY Q4 EBITDA at Rs 2,262 crore, up 28% FY25 EBITDA at Rs 7,746, up 23% YoY FY25 was a momentous year for AESL with solid operating and financial performance. With its strong […]
India’s EV Sales Cross 2 Million in FY25, Two-Wheelers Drive the Surge – EQ
In Short : India’s EV sales crossed 20 lakh in FY25, marking a 17% annual growth. Electric two-wheelers led the surge with over 1.14 million units sold, making up 58% of total EV sales. Three-wheelers and passenger EVs also grew steadily. Despite progress, EVs formed just 7.8% of overall vehicle sales, highlighting the need for […]
Adani Green Energy sees 30% surge in operational capacity in FY25 – EQ
In Short : Adani Green Energy Ltd saw a 30% rise in operational capacity in FY25, reaching 14,243 MW, driven by 3,309 MW of new solar and wind projects. Solar capacity rose to 10,103 MW, and energy sales jumped 28% to 27,969 million units. This growth reinforces AGEL’s push towards expanding its renewable footprint and […]
GameChange Solar Secures 7 GW Orders in FY25, Expands India Portfolio to Over 13 GW – EQ
In Short : GameChange Solar secured 7 GW of tracker orders in FY25, pushing its total India portfolio past 13 GW. Major deals include 750 MW with Sterling & Wilson and 780 MW at Gujarat’s Khavda Solar Park. Fueled by repeat business and rising demand, the company has ramped up local manufacturing to support its […]
India Accelerates Clean Energy Growth with Record Solar and Wind Additions in FY25 – EQ
In Short : India added 23.8 GW of solar and 4.15 GW of wind capacity in FY25, pushing total renewable energy to 220 GW. Solar manufacturing also nearly doubled to 74 GW. While coal remains dominant, India is advancing toward its 500 GW non-fossil target with new storage-backed bids. The growth reflects strong policy support […]
NTPC records 438.6 BU Power Generation in FY25, Marks 3.88% YoY Growth – EQ
In Short : NTPC generated 438.6 BU of power in FY25, marking a 3.88% YoY growth. The company added 3,972 MW capacity, reaching nearly 80 GW. With 32 GW under construction, including 15 GW in renewables, NTPC targets 60 GW green energy by 2032. It is also expanding into e-mobility, battery storage, and green hydrogen […]
India adds record RE capacity of 25 GW in FY25 Pralhad Joshi – EQ
In Short : India added a record 25 GW of renewable energy capacity in FY25, a 35% rise from the previous year, as announced by Minister Pralhad Joshi. Solar led the growth, contributing 21 GW. India’s total non-fossil capacity reached 214.677 GW. The nation remains committed to its 500 GW renewable target by 2030 despite […]
MNRE likely to meet half of the PM Surya Ghar Yojna target for FY25 – EQ
In Short : The Ministry of New and Renewable Energy (MNRE) may achieve only 50% of its FY25 target under the PM Surya Ghar Yojana, aimed at boosting rooftop solar installations. Challenges like low awareness, financing hurdles, and implementation delays have slowed progress. Despite efforts to streamline processes and increase subsidies, meeting the target remains […]
India’s Power Generation Sees 5.4% Growth in FY25, Driven by Rising Demand and Clean Energy Expansion – EQ
In Short : India’s power generation increased by 5.4% in FY25, driven by rising electricity demand across industries and households. The growth was fueled by higher consumption, expanding renewable energy capacity, and improved grid infrastructure. As energy needs continue to surge, the government’s focus remains on enhancing generation efficiency, boosting clean energy investments, and ensuring […]
IREDA to raise Rs 29,500 crore through debt and equity in FY25 – EQ
In Short : The Indian Renewable Energy Development Agency (IREDA) plans to raise Rs 29,500 crore in FY25 through a combination of debt and equity. This fundraising initiative aims to support the expansion of renewable energy projects across India. The funds will be crucial in financing various green energy initiatives, contributing to the country’s goal […]