In Short : Vedanta reported using 2.6 billion units of renewable energy in FY25, underscoring its commitment to sustainable operations. The company has been steadily increasing reliance on clean energy sources to reduce its carbon footprint. This shift supports India’s broader renewable energy goals while strengthening Vedanta’s long-term strategy of balancing industrial growth with environmental […]
Gujarat Leads India’s Solar Surge with 50% Growth, Sets Benchmark for Renewable Expansion in FY25 – EQ
In Short : Gujarat has witnessed a 50% surge in solar power generation in FY25, making it India’s fastest-growing state in the renewable energy sector. With large-scale solar parks and rooftop installations driving the expansion, the state now leads in both capacity addition and clean energy output. The growth aligns with Gujarat’s vision of becoming […]
India’s renewable energy sector sees eightfold surge in FDI since FY21, hits record USD 3.4 billion in FY25 – EQ
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 […]
Adani Group Posts Record EBITDA of Rs 90,000 Crore in FY25 – EQ
In Short : Adani Group reported a record ₹90,000 crore EBITDA in FY25, up 8.2% year-on-year, driven by infrastructure and green ventures. With ₹1.26 trillion in capex and ₹53,024 crore cash reserves, the group plans to invest $100 billion over six years—70% in green energy. Strong financials and expansion into renewables and airports highlight its […]
Panasonic Energy India’s Net Profit Steady At Rs 11.7 Cr In FY25 – EQ
In Short : Panasonic Energy India reported a 9.35% rise in Q4 FY25 net profit to ₹1.17 crore, despite a 12.55% drop in revenue to ₹63.41 crore. FY25 net profit stood at ₹11.77 crore, up 1.12% YoY. The board proposed a ₹9.42 dividend per share. Chairman Akinori Isomura will be succeeded by Akio Fujita from […]
Sterlite Electric bags Rs 7,500 crore orders in FY25, led by Q4 surge – EQ
In Short : Sterlite Electric secured ₹7,500 crore in orders for FY25, driven by a strong Q4 performance with ₹2,400 crore in contracts. The orders include high-performance conductors, power cables, OPGW, and EPC services, supporting India’s green energy transmission. The company is also expanding globally across the Americas, EU, Africa, and the Middle East. In […]
Acme Solar Doubles Profit, Expands Portfolio with Major Capacity Additions in FY25 – EQ
In Short : Acme Solar reported a 130.7% surge in FY25 profit to ₹251 crore, driven by the addition of 1,200 MW solar capacity, including a key project in Jaisalmer. Revenue rose 7.4% to ₹1,575 crore. The company’s total contracted capacity now stands at 6,970 MW, reflecting strong growth in its renewable energy portfolio and […]
GAIL Achieves Record Profit in FY25 Amid Operational Growth and Strategic Expansions – EQ
In Short : GAIL (India) Ltd reported a record profit after tax (PAT) of ₹11,312 crore in FY25, a 28% increase from the previous year, with revenue rising 5% to ₹1.37 lakh crore. Despite strong annual results, Q4 PAT fell to ₹2,049 crore due to lower gas marketing margins. The company announced a final dividend […]
India’s EV Charging Surge: Delhi Leads as Electricity Consumption Hits 764 MU in FY25 – EQ
In Short : India’s public EV charging stations consumed around 764 MU of electricity from April 2024 to February 2025, reflecting a surge in EV adoption. Delhi led with 306.02 MU (40.11%), followed by Maharashtra (192.28 MU), Karnataka (64.66 MU), and Gujarat (58.31 MU). The rise aligns with the government’s PM E-DRIVE scheme, boosting infrastructure […]
Legacy Automakers Drive Electric Scooter Market Success in FY25 – EQ
In Short : In FY25, legacy auto firms Bajaj Auto and TVS Motor captured 40% of India’s e-scooter market, driven by the success of Bajaj Chetak and TVS iQube. Bajaj led Q4 with a 29% share, reflecting a shift towards established brands amid challenges for newer players. Reliable networks and brand trust have solidified their […]