In Short : India’s renewable energy sector saw an eightfold rise in FDI since FY21, reaching a record USD 3.4 billion in FY25. Strong policy support, hybrid auction models, and energy storage integration fueled investor interest. Renewables contributed 89% of new power capacity in FY25, as India advances toward its 500 GW non-fossil fuel target […]
EKI Energy Services Posts Rs 191 Crore Revenue in FY21
New Delhi [India] : Leading player in the carbon credit industry EKI Energy Services has reported revenue from operations of Rs 191 crore in FY21, up 189 per cent year-on-year against Rs 66 crore. The profit after tax went up 314 per cent to Rs 18.7 crore from Rs 4.51 crore in FY20. Earnings before […]
Tata Power Records PAT of Rs 481 Cr in Q4 FY21
On a consolidated basis, Tata Power Company reported 1% rise in net profit to Rs 481 crore in Q4 FY21 from Rs 475 crore, due to saving in finance cost offset by exceptional gain in previous year. Revenue in Q4 FY21 stood at Rs 10,255 crore, up by 49% from Rs 6,881 crore in the […]
FY21 electric personal vehicles sales up on product push; two-wheeler sales down
Sales of electric cars or four-wheelers jumped 52.9% to 4,588 units last fiscal, as leading manufacturers such as Tata Motors, Hyundai Motor India, and MG Motor India launched new products in the domestic market NEW DELHI: Given the disruptions caused by the coronavirus pandemic, sales of electric vehicles in the country declined nearly 20% on […]
IREDA ends FY21 on a strong note & disbursed loan amounting Rs. 8827 crore amid COVID-19: CMD
New Delhi: As a part of mutual co-operation and interaction with stakeholders (borrowers) at regular intervals, IREDA held 5th interaction meet on VC with its stakeholders today. The virtual meet was chaired by Shri Pradip Kumar Das, CMD, IREDA, and saw good participation from all the Renewable Energy sectors such as Solar, Wind, Hydro, and […]