In Short : Exide Industries plans to commence lithium-ion cell production by the end of FY26, marking a major step in its battery manufacturing expansion. The company is advancing work on its upcoming giga-factory to cater to growing demand from electric vehicles and energy storage systems. This move is expected to strengthen India’s battery supply […]
Gautam Solar Sets Ambitious Goal to Triple Turnover in FY26 with 5 GW Manufacturing Expansion – EQ
In Short : Gautam Solar aims to triple its turnover in FY26 following strong H1 performance, with revenue reaching ₹1,580 crore, a 51.34% increase from FY25. The company plans to establish a 5 GW solar cell manufacturing plant in Madhya Pradesh with a ₹4,000 crore investment. Expansion and advanced solar technologies will strengthen domestic production […]
JSW Energy to Commission 5 GWh Pune Battery Unit by FY26 to Power India’s Clean Energy Future – EQ
In Short : JSW Energy plans to operationalise its 5 GWh battery assembly unit in Pune by the third quarter of FY26. The facility will support Battery Energy Storage Systems (BESS) projects and help meet India’s domestic content norms. This move strengthens JSW Energy’s focus on energy storage solutions and supports the nation’s renewable integration […]
SJVN Plans ₹1,200 Crore Capex in FY26 to Expand Renewable Energy and Transmission Projects – EQ
In Short : SJVN Ltd has announced plans to allocate ₹1,200 crore as capital expenditure in FY26 to boost its energy portfolio. The investment will focus on solar, wind, and hydro projects, along with transmission infrastructure. This capex push supports SJVN’s long-term strategy to expand renewable capacity and align with India’s goal of 500 GW […]
Adani Group Nears $5 Billion Fundraising Milestone to Power Growth in FY26 – EQ
In Short : Adani Group is on course to complete its $5 billion fundraising target for FY26, having already secured over $3.2 billion in the first half. Funds are being raised through equity, bonds, and project refinancing across key businesses, including Adani Enterprises and Adani Green. The strong inflow reflects growing investor confidence in the […]
India’s Smart Meter Industry Powers Ahead with ₹9,000 Crore Revenue Target by FY26 – EQ
In Short : Smart meter manufacturers in India are expected to see a 20% revenue increase, reaching ₹9,000 crore by FY26, according to CRISIL. This growth is driven by the government’s Smart Meter National Programme, aiming to replace 25 crore conventional meters by 2025–26. Increased demand, improved collections, and better billing efficiency are boosting the […]
India’s power demand to grow 5.5% in FY26: ICRA – EQ
In Short : India’s power demand is set to grow by 5.5% in FY26, says ICRA, up from 4.2% in FY25. Growth will be driven by EVs, data centers, and green hydrogen. Around 44 GW capacity will be added, mostly from renewables. However, discoms face rising debt and financial stress, keeping the outlook for the […]
Adani Green to Invest $3.6 Billion for 5 GW Renewable Energy Expansion in FY26 – EQ
In Short : Adani Green Energy Ltd plans to invest $3.64 billion in FY26 to add 5 GW of clean energy, a 50% rise from the previous year. The move supports its goal of 50 GW capacity by 2030. Despite legal scrutiny of key executives, the company asserts compliance and continues building India’s largest renewable […]
Adani Energy Solutions Plans ₹16,000–18,000 Crore Investment for FY26 to Boost Transmission and Smart Metering – EQ
In Short : Adani Energy Solutions has allocated ₹16,000–18,000 crore for capital expenditure in FY26, focusing on transmission, smart metering, and distribution. Around ₹12,000–13,000 crore will be invested in transmission projects, including the Mumbai HVDC project. The company plans to install 70–80 lakh smart meters, aiming for a total of 1 crore meters by March […]
ACME Solar to Incur Capex of Rs 17,000 Cr for FY26 RE Projects, Targets 10 GW Capacity BY 2030 – EQ
In Short : ACME Solar plans a Rs 17,000 crore capex for FY26 renewable energy projects, targeting 10 GW capacity by 2030. The investment will expand solar, hybrid, and energy storage projects, including green hydrogen initiatives. Aligning with India’s 500 GW renewable goal, ACME aims to boost rural economies, create jobs, and cut emissions, reinforcing […]