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renewable energy

IREDA reports all-time high annual net profit

[ad_1] MUMBAI: Indian Renewable Energy Development Agency Ltd. (IREDA), the nation’s largest pure-play green financing NBFC, has achieved an all-time high annual Profit After Tax (PAT) of Rs 1252.23 crores, marking an impressive growth of 44.83% over the previous fiscal year 2022-23. The company has successfully reduced its Net Non-Performing Assets (NPAs) to 0.99% in…

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Government renewable power co IREDA achieves all-time high profit

[ad_1] NEW DELHI: Indian Renewable Energy Development Agency Ltd. (IREDA) achieved an all-time high annual Profit After Tax (PAT) of Rs. 1252.23 crore in its audited financial results for the fiscal year 2023-24, the company informed in an exchange filing on Friday.The loan disbursement amount of IREDA also increased to all time high. The Loan…

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ISA joins hands with Bhutan to spur growth of solar energy in the Himalayan kingdom

[ad_1] NEW DELHI: International Solar Alliance (ISA) has signed a country partnership agreement (CPA) with the Bhutan government to implement multiple programmes/projects in the country to enhance its energy access and ensure energy security through solar energy interventions and diversification of energy portfolio. ISA – headquartered in India – is also working with Bhutan on…

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Big push! Adani Green likely to invest Rs 2 lakh crore in renewable energy by 2030

[ad_1] Adani Green Energy Ltd is set to make a substantial investment of approximately Rs 2 lakh crore by 2030 to enhance its renewable energy capacities. The company aims to increase its total renewable energy portfolio to about 45 GW by 2030 from the current 10.9 GW. According to an ET report, the major expansion…

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Significant milestone! Gautam Adani says Adani Green is now India’s first “das hazari” in renewable energy space

[ad_1] Significant milestone for Adani Group! Adani Green Energy has become India’s first company to have 10,000 MW renewable energy capacity. Gautam Adani, Chairman of the Adani Group, expressed pride in the achievement stating, “We are proud to be India’s first das hazari in the renewables space.”Adani Green Energy Ltd on Wednesday said it has…

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Energy Revolution: Adani Green Energy Gallery opens in London’s Science Museum

[ad_1] NEW DELHI: Adani Green Energy Gallery on Tuesday opened at the Science Museum in London, which explores how renewable energy can help tackle climate change.Describing the opening as red-letter day, Gautam Adani in a post on X said, “Today is a red-letter day that marks the opening of The Adani Green Energy Gallery at…

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EU, Egypt agree 7.4 billion euro deal on energy, migration

[ad_1] CAIRO: The European Union, which seeks to stem irregular migrant arrivals, and cash-strapped Egypt were Sunday due to sign a 7.4 billion euro ($8 billion) package of loans, grants and energy cooperation deals.It will include billions in credit over coming years and deals to step up Egyptian energy imports to help Europe “move further…

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Adani Green operationalises 300 MW wind power project in Gujarat

[ad_1] AHMEDABAD: Adani Green Energy Limited (AGEL), the renewable energy arm of ports-to-power conglomerate Adani Group, operationalised 126 MW wind power capacity in Gujarat, the company announced on Monday. This marks the completion of the 300 MW of project, with 174 MW being operationalized earlier.The 300 MW wind project will produce 1,091 million electricity units,…

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Bengaluru airport ties up with CleanMax for solar-wind energy |

[ad_1] MUMBAI: Bangalore International airport has signed a 25-year long-term power purchase agreement with renewable energy company, Clean Max Enviro Energy Solutions (CleanMax) for the generation and supply of renewable energy from a 45.9 MW Solar-wind Captive Power Project. The initiative will enable yield of approximately 90 GWh of renewable energy annually with a CO2…

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Adani Green Energy Q3 Net Profit Soars 148% to Rs 256 Crore | India Business News

[ad_1] AHMEDABAD: Adani Green Energy Limited, the renewable energy arm of ports to power conglomerate, Adani Group, on Monday posted a 148% rise in its consolidated net profit for the third quarter of FY 2024. Backed by improved capacity utilisation factor (CUF) and capacity additions, the company posted a robust growth in revenue, EBITDA and…

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