Category: All News

Rajasthan Renewable Energy Corporation Limited (RRECL), the nodal agency for renewable energy projects in the state, has launched a new digital platform to strengthen the monitoring and management of renewable energy projects. The Distributed Renewable Energy Project Monitoring Tool (DRE-PMT) was officially launched on August 13, 2026, by Rajasthan Energy Minister Shri Heeralal Nagar.

The new platform is designed to bring various renewable energy monitoring activities under a centralized digital system. It will support the monitoring of renewable energy projects, real-time electricity generation, subsidy and Direct Benefit Transfer (DBT) workflows, and project implementation under key government schemes.

DRE-PMT will also provide dedicated monitoring capabilities for the PM-KUSUM and PM Surya Ghar schemes, along with rooftop solar projects across Rajasthan. The platform will enable tracking of projects and generation at the Distribution Company (DISCOM) level, helping authorities assess project progress and generation performance more efficiently.

Another important feature of the platform is vendor management and empanelment. By bringing vendor-related information into a centralized system, the platform is expected to improve coordination and make project-related processes more organized.

The DRE-PMT platform also includes centralized dashboards and data analytics tools. These features are expected to provide officials with access to updated project information and support faster, data-driven decision-making.

Rajasthan has been expanding its renewable energy capacity and implementing several solar-focused programmes across the state. With the increasing number of distributed and rooftop renewable energy projects, efficient monitoring has become increasingly important.

The launch of DRE-PMT marks a step toward greater digitalization of Rajasthan’s renewable energy administration. By integrating project, generation, subsidy, vendor and scheme-level information on a single platform, RRECL aims to improve transparency, efficiency and oversight across the state’s growing renewable energy ecosystem.

Rajasthan Renewable Energy Corporation Limited (RRECL), the nodal agency for renewable energy projects in the state, has launched a new digital platform to strengthen the monitoring and management of renewable energy projects. The Distributed Renewable Energy Project Monitoring Tool (DRE-PMT) was officially launched on August 13, 2026, by Rajasthan Energy Minister Shri Heeralal Nagar.

The new platform is designed to bring various renewable energy monitoring activities under a centralized digital system. It will support the monitoring of renewable energy projects, real-time electricity generation, subsidy and Direct Benefit Transfer (DBT) workflows, and project implementation under key government schemes.

DRE-PMT will also provide dedicated monitoring capabilities for the PM-KUSUM and PM Surya Ghar schemes, along with rooftop solar projects across Rajasthan. The platform will enable tracking of projects and generation at the Distribution Company (DISCOM) level, helping authorities assess project progress and generation performance more efficiently.

Another important feature of the platform is vendor management and empanelment. By bringing vendor-related information into a centralized system, the platform is expected to improve coordination and make project-related processes more organized.

The DRE-PMT platform also includes centralized dashboards and data analytics tools. These features are expected to provide officials with access to updated project information and support faster, data-driven decision-making.

Rajasthan has been expanding its renewable energy capacity and implementing several solar-focused programmes across the state. With the increasing number of distributed and rooftop renewable energy projects, efficient monitoring has become increasingly important.

The launch of DRE-PMT marks a step toward greater digitalization of Rajasthan’s renewable energy administration. By integrating project, generation, subsidy, vendor and scheme-level information on a single platform, RRECL aims to improve transparency, efficiency and oversight across the state’s growing renewable energy ecosystem.

Rajasthan Renewable Energy Corporation Limited (RRECL), the nodal agency for renewable energy projects in the state, has launched a new digital platform to strengthen the monitoring and management of renewable energy projects. The Distributed Renewable Energy Project Monitoring Tool (DRE-PMT) was officially launched on August 13, 2026, by Rajasthan Energy Minister Shri Heeralal Nagar.

The new platform is designed to bring various renewable energy monitoring activities under a centralized digital system. It will support the monitoring of renewable energy projects, real-time electricity generation, subsidy and Direct Benefit Transfer (DBT) workflows, and project implementation under key government schemes.

DRE-PMT will also provide dedicated monitoring capabilities for the PM-KUSUM and PM Surya Ghar schemes, along with rooftop solar projects across Rajasthan. The platform will enable tracking of projects and generation at the Distribution Company (DISCOM) level, helping authorities assess project progress and generation performance more efficiently.

Another important feature of the platform is vendor management and empanelment. By bringing vendor-related information into a centralized system, the platform is expected to improve coordination and make project-related processes more organized.

The DRE-PMT platform also includes centralized dashboards and data analytics tools. These features are expected to provide officials with access to updated project information and support faster, data-driven decision-making.

Rajasthan has been expanding its renewable energy capacity and implementing several solar-focused programmes across the state. With the increasing number of distributed and rooftop renewable energy projects, efficient monitoring has become increasingly important.

The launch of DRE-PMT marks a step toward greater digitalization of Rajasthan’s renewable energy administration. By integrating project, generation, subsidy, vendor and scheme-level information on a single platform, RRECL aims to improve transparency, efficiency and oversight across the state’s growing renewable energy ecosystem.

Rajasthan Renewable Energy Corporation Limited (RRECL), the nodal agency for renewable energy projects in the state, has launched a new digital platform to strengthen the monitoring and management of renewable energy projects. The Distributed Renewable Energy Project Monitoring Tool (DRE-PMT) was officially launched on August 13, 2026, by Rajasthan Energy Minister Shri Heeralal Nagar.

The new platform is designed to bring various renewable energy monitoring activities under a centralized digital system. It will support the monitoring of renewable energy projects, real-time electricity generation, subsidy and Direct Benefit Transfer (DBT) workflows, and project implementation under key government schemes.

DRE-PMT will also provide dedicated monitoring capabilities for the PM-KUSUM and PM Surya Ghar schemes, along with rooftop solar projects across Rajasthan. The platform will enable tracking of projects and generation at the Distribution Company (DISCOM) level, helping authorities assess project progress and generation performance more efficiently.

Another important feature of the platform is vendor management and empanelment. By bringing vendor-related information into a centralized system, the platform is expected to improve coordination and make project-related processes more organized.

The DRE-PMT platform also includes centralized dashboards and data analytics tools. These features are expected to provide officials with access to updated project information and support faster, data-driven decision-making.

Rajasthan has been expanding its renewable energy capacity and implementing several solar-focused programmes across the state. With the increasing number of distributed and rooftop renewable energy projects, efficient monitoring has become increasingly important.

The launch of DRE-PMT marks a step toward greater digitalization of Rajasthan’s renewable energy administration. By integrating project, generation, subsidy, vendor and scheme-level information on a single platform, RRECL aims to improve transparency, efficiency and oversight across the state’s growing renewable energy ecosystem.

Rajasthan Renewable Energy Corporation Limited (RRECL), the nodal agency for renewable energy projects in the state, has launched a new digital platform to strengthen the monitoring and management of renewable energy projects. The Distributed Renewable Energy Project Monitoring Tool (DRE-PMT) was officially launched on August 13, 2026, by Rajasthan Energy Minister Shri Heeralal Nagar.

The new platform is designed to bring various renewable energy monitoring activities under a centralized digital system. It will support the monitoring of renewable energy projects, real-time electricity generation, subsidy and Direct Benefit Transfer (DBT) workflows, and project implementation under key government schemes.

DRE-PMT will also provide dedicated monitoring capabilities for the PM-KUSUM and PM Surya Ghar schemes, along with rooftop solar projects across Rajasthan. The platform will enable tracking of projects and generation at the Distribution Company (DISCOM) level, helping authorities assess project progress and generation performance more efficiently.

Another important feature of the platform is vendor management and empanelment. By bringing vendor-related information into a centralized system, the platform is expected to improve coordination and make project-related processes more organized.

The DRE-PMT platform also includes centralized dashboards and data analytics tools. These features are expected to provide officials with access to updated project information and support faster, data-driven decision-making.

Rajasthan has been expanding its renewable energy capacity and implementing several solar-focused programmes across the state. With the increasing number of distributed and rooftop renewable energy projects, efficient monitoring has become increasingly important.

The launch of DRE-PMT marks a step toward greater digitalization of Rajasthan’s renewable energy administration. By integrating project, generation, subsidy, vendor and scheme-level information on a single platform, RRECL aims to improve transparency, efficiency and oversight across the state’s growing renewable energy ecosystem.

ReNew Energy Global Plc announced its unaudited consolidated IFRS results for Q1 FY27.

Operating Highlights:

• As of June 30, 2026, the Company’s portfolio consisted of ~20.5 GW (including 1.7 GW/6.2 GWh of BESS). Additionally, ReNew has 6.4 GW of solar module and 2.5 GW of solar cell manufacturing capacities and is expanding its solar cells manufacturing capacity by another 4 GW, which is expected to be operational by December 2026.

• The Company’s commissioned capacity has increased 17% year-over-year to ~13.1 GW (including 100 MW/250 MWh of BESS) as of June 30, 2026. Subsequently, the Company commissioned 466 MW of solar, increasing commissioned capacity as of date to ~13.5 GW, net of the 100 MW sold as part of our capital recycling strategy.

• Total Income (or total revenue) for Q1 FY27 was INR 47,864 million (US$ 506 million), compared to INR 41,182 million (US$ 435 million) for Q1 FY26. Net profit for Q1 FY27 was INR 5,953 million (US$ 63 million), compared to INR 5,131 million (US$ 54 million) for Q1 FY26. Adjusted EBITDA for Q1 FY27 was INR 30,392 million (US$ 321 million), compared to INR 27,220 million (US$ 288 million) in Q1 FY26.

• Revenue from the sale of power for Q1 FY27 was INR 26,749 million (US$ 283 million), compared to INR 25,473 million (US$ 269 million) for Q1 FY26.

• Total Income (or total revenue) for Q1 FY27 from external sales of our solar module and cell manufacturing operations was INR 16,777 million (US$ 177 million), compared to INR 13,223 million (US$ 140 million) for Q1 FY26. Net profit and Adjusted EBITDA for Q1 FY27 from external sales of our solar module and cell manufacturing operations were INR 3,914 million (US$ 41 million) and INR 5,651 million (US$ 60 million), respectively, compared to INR 3,562 million (US$ 38 million) and INR 5,292 million (US$ 56 million), respectively for Q1 FY26.

FY 27 Guidance

The Company continues to expect to complete the construction of 1.6 to 2.4 GW by the fiscal year ending March 31, 2027 (“FY27”). The Company’s Adjusted EBITDA and Cash Flow to Equity guidance for FY27 are subject to weather and resource availability being similar to FY26. The Company continues to anticipate net gains from asset sales, which is part of ReNew’s capital recycling strategy, and has included INR 1–2 billion related to asset sales in the Adjusted EBITDA. The Company continues to expect external sales from our module and cell manufacturing operations and has included INR 10–12 billion of Adjusted EBITDA against such sales in this guidance.

ReNew Energy Global Plc announced its unaudited consolidated IFRS results for Q1 FY27.

Operating Highlights:

• As of June 30, 2026, the Company’s portfolio consisted of ~20.5 GW (including 1.7 GW/6.2 GWh of BESS). Additionally, ReNew has 6.4 GW of solar module and 2.5 GW of solar cell manufacturing capacities and is expanding its solar cells manufacturing capacity by another 4 GW, which is expected to be operational by December 2026.

• The Company’s commissioned capacity has increased 17% year-over-year to ~13.1 GW (including 100 MW/250 MWh of BESS) as of June 30, 2026. Subsequently, the Company commissioned 466 MW of solar, increasing commissioned capacity as of date to ~13.5 GW, net of the 100 MW sold as part of our capital recycling strategy.

• Total Income (or total revenue) for Q1 FY27 was INR 47,864 million (US$ 506 million), compared to INR 41,182 million (US$ 435 million) for Q1 FY26. Net profit for Q1 FY27 was INR 5,953 million (US$ 63 million), compared to INR 5,131 million (US$ 54 million) for Q1 FY26. Adjusted EBITDA for Q1 FY27 was INR 30,392 million (US$ 321 million), compared to INR 27,220 million (US$ 288 million) in Q1 FY26.

• Revenue from the sale of power for Q1 FY27 was INR 26,749 million (US$ 283 million), compared to INR 25,473 million (US$ 269 million) for Q1 FY26.

• Total Income (or total revenue) for Q1 FY27 from external sales of our solar module and cell manufacturing operations was INR 16,777 million (US$ 177 million), compared to INR 13,223 million (US$ 140 million) for Q1 FY26. Net profit and Adjusted EBITDA for Q1 FY27 from external sales of our solar module and cell manufacturing operations were INR 3,914 million (US$ 41 million) and INR 5,651 million (US$ 60 million), respectively, compared to INR 3,562 million (US$ 38 million) and INR 5,292 million (US$ 56 million), respectively for Q1 FY26.

FY 27 Guidance

The Company continues to expect to complete the construction of 1.6 to 2.4 GW by the fiscal year ending March 31, 2027 (“FY27”). The Company’s Adjusted EBITDA and Cash Flow to Equity guidance for FY27 are subject to weather and resource availability being similar to FY26. The Company continues to anticipate net gains from asset sales, which is part of ReNew’s capital recycling strategy, and has included INR 1–2 billion related to asset sales in the Adjusted EBITDA. The Company continues to expect external sales from our module and cell manufacturing operations and has included INR 10–12 billion of Adjusted EBITDA against such sales in this guidance.

ReNew Energy Global Plc announced its unaudited consolidated IFRS results for Q1 FY27.

Operating Highlights:

• As of June 30, 2026, the Company’s portfolio consisted of ~20.5 GW (including 1.7 GW/6.2 GWh of BESS). Additionally, ReNew has 6.4 GW of solar module and 2.5 GW of solar cell manufacturing capacities and is expanding its solar cells manufacturing capacity by another 4 GW, which is expected to be operational by December 2026.

• The Company’s commissioned capacity has increased 17% year-over-year to ~13.1 GW (including 100 MW/250 MWh of BESS) as of June 30, 2026. Subsequently, the Company commissioned 466 MW of solar, increasing commissioned capacity as of date to ~13.5 GW, net of the 100 MW sold as part of our capital recycling strategy.

• Total Income (or total revenue) for Q1 FY27 was INR 47,864 million (US$ 506 million), compared to INR 41,182 million (US$ 435 million) for Q1 FY26. Net profit for Q1 FY27 was INR 5,953 million (US$ 63 million), compared to INR 5,131 million (US$ 54 million) for Q1 FY26. Adjusted EBITDA for Q1 FY27 was INR 30,392 million (US$ 321 million), compared to INR 27,220 million (US$ 288 million) in Q1 FY26.

• Revenue from the sale of power for Q1 FY27 was INR 26,749 million (US$ 283 million), compared to INR 25,473 million (US$ 269 million) for Q1 FY26.

• Total Income (or total revenue) for Q1 FY27 from external sales of our solar module and cell manufacturing operations was INR 16,777 million (US$ 177 million), compared to INR 13,223 million (US$ 140 million) for Q1 FY26. Net profit and Adjusted EBITDA for Q1 FY27 from external sales of our solar module and cell manufacturing operations were INR 3,914 million (US$ 41 million) and INR 5,651 million (US$ 60 million), respectively, compared to INR 3,562 million (US$ 38 million) and INR 5,292 million (US$ 56 million), respectively for Q1 FY26.

FY 27 Guidance

The Company continues to expect to complete the construction of 1.6 to 2.4 GW by the fiscal year ending March 31, 2027 (“FY27”). The Company’s Adjusted EBITDA and Cash Flow to Equity guidance for FY27 are subject to weather and resource availability being similar to FY26. The Company continues to anticipate net gains from asset sales, which is part of ReNew’s capital recycling strategy, and has included INR 1–2 billion related to asset sales in the Adjusted EBITDA. The Company continues to expect external sales from our module and cell manufacturing operations and has included INR 10–12 billion of Adjusted EBITDA against such sales in this guidance.