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Avaada Group, one of India’s leading integrated clean-energy companies, has partnered with four of the country’s leading family entertainment shows. The four shows are now live, bringing Avaada’s clean-energy messaging to audiences across multiple television and digital platforms. Its partnerships include Family Full House with Rohit Sharma on Sony Entertainment Television and India Ke Top 1% hosted by Anil Kapoor on Star Plus and JioHotstar.

The other two associations are with Kon Honaar Crorepati, hosted by Madhuri Dixit on Sony Marathi and Sony LIV and Bigg Boss Malayalam Season 8, hosted by Mohanlal on Asianet and JioHotstar. Avaada is a Co-Powered by sponsor of Family Full House, Kon Honaar Crorepati and Bigg Boss Malayalam Season 8 and the Clean Energy Partner of India Ke Top 1%.

Together, the four shows span cricket and cinema, reaching Hindi-speaking homes across the country, audiences in Maharashtra and families in Kerala. Each association brings Avaada’s clean-energy message to viewers in their own language.

The four shows are led by some of India’s most admired personalities. Rohit Sharma represents calm leadership, teamwork and dependable performance under pressure. Anil Kapoor embodies enduring energy and continuous reinvention across generations. Madhuri Dixit brings grace, warmth and a lasting connection with audiences in Maharashtra and across India. Mohanlal, over more than four decades in cinema, stands for versatility and a deep bond of trust with his audiences.

These qualities are also central to Avaada’s mission: harnessing the sun and other clean-energy resources to build a more prosperous, energy-secure and sustainable India.

Through these associations, Avaada aims to take the clean-energy conversation beyond boardrooms and policy forums and into Indian living rooms. As families come together to watch, play along and celebrate, Avaada will show how clean energy can power their homes, aspirations, businesses and communities.

Speaking on the associations, Vineet Mittal, Chairman, Avaada Group said: “Clean energy has long been discussed in boardrooms and policy forums. Its future will be decided in Indian homes. Television is still where families across languages and regions come together, and these four shows allow us to speak to them in their own language, through personalities they have trusted for years. Our aim is to make clean energy something every Indian family understands, trusts and chooses.”

The Asian Development Bank (ADB) and the Government of Japan have signed financing agreements with AM Green Ammonia (India) Private Limited to help build one of the world’s largest plants to make ammonia using renewable energy in India, marking the first investment under the Action for Creating Energy Security for Long-term Resilience (ACCEL).

“Ammonia is used every day to produce the fertilizer that helps feed the world,” said ADB President Masato Kanda. “This project changes how we make it. By using renewable energy instead of fossil fuels, India can produce it with far lower emissions and at a scale that can help reshape this industry. As the first investment under ACCEL, it also shows how ADB and Japan can turn energy security into practical investments in new markets and jobs.”

The project will convert a former ammonia and urea plant from natural gas-fueled production to renewable-powered green ammonia, with capacity to produce about 1.1 million tons per year—supporting a new export industry in India and cleaner production of an ingredient essential to fertilizer and industry. The investment includes a $100 million loan from the Leading Asia’s Private Infrastructure Fund 2, financed by the Japan International Cooperation Agency (JICA) and administered by ADB.

“Strengthening resilience of Asia’s energy supply chains is essential. Japan is advancing POWERR Asia, including through ACCEL, and I welcome the first joint project under ACCEL,” said Japan’s Finance Minister Satsuki Katayama. “Working closely with ADB, Japan will continue to support the diversification of energy sources, which will strengthen economic resilience across Asia.”

ACCEL was launched in May 2026 by ADB and Japan to help countries and businesses in Asia and the Pacific manage rising energy prices and build stronger energy systems for the future. The initiative works on two tracks: first, supporting corporate liquidity in the short term, particularly for small and medium-sized enterprises, and second, supporting a transition toward more diversified and sustainable energy systems in the medium to long term. Japan supports ACCEL through its Japan-financed and ADB-administered trust funds and through collaboration with Japanese development finance institutions, including JICA and the Japan Bank for International Cooperation (JBIC), to maximize development impact.

ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

The Asian Development Bank (ADB) and the Government of Japan have signed financing agreements with AM Green Ammonia (India) Private Limited to help build one of the world’s largest plants to make ammonia using renewable energy in India, marking the first investment under the Action for Creating Energy Security for Long-term Resilience (ACCEL).

“Ammonia is used every day to produce the fertilizer that helps feed the world,” said ADB President Masato Kanda. “This project changes how we make it. By using renewable energy instead of fossil fuels, India can produce it with far lower emissions and at a scale that can help reshape this industry. As the first investment under ACCEL, it also shows how ADB and Japan can turn energy security into practical investments in new markets and jobs.”

The project will convert a former ammonia and urea plant from natural gas-fueled production to renewable-powered green ammonia, with capacity to produce about 1.1 million tons per year—supporting a new export industry in India and cleaner production of an ingredient essential to fertilizer and industry. The investment includes a $100 million loan from the Leading Asia’s Private Infrastructure Fund 2, financed by the Japan International Cooperation Agency (JICA) and administered by ADB.

“Strengthening resilience of Asia’s energy supply chains is essential. Japan is advancing POWERR Asia, including through ACCEL, and I welcome the first joint project under ACCEL,” said Japan’s Finance Minister Satsuki Katayama. “Working closely with ADB, Japan will continue to support the diversification of energy sources, which will strengthen economic resilience across Asia.”

ACCEL was launched in May 2026 by ADB and Japan to help countries and businesses in Asia and the Pacific manage rising energy prices and build stronger energy systems for the future. The initiative works on two tracks: first, supporting corporate liquidity in the short term, particularly for small and medium-sized enterprises, and second, supporting a transition toward more diversified and sustainable energy systems in the medium to long term. Japan supports ACCEL through its Japan-financed and ADB-administered trust funds and through collaboration with Japanese development finance institutions, including JICA and the Japan Bank for International Cooperation (JBIC), to maximize development impact.

ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

The Asian Development Bank (ADB) and the Government of Japan have signed financing agreements with AM Green Ammonia (India) Private Limited to help build one of the world’s largest plants to make ammonia using renewable energy in India, marking the first investment under the Action for Creating Energy Security for Long-term Resilience (ACCEL).

“Ammonia is used every day to produce the fertilizer that helps feed the world,” said ADB President Masato Kanda. “This project changes how we make it. By using renewable energy instead of fossil fuels, India can produce it with far lower emissions and at a scale that can help reshape this industry. As the first investment under ACCEL, it also shows how ADB and Japan can turn energy security into practical investments in new markets and jobs.”

The project will convert a former ammonia and urea plant from natural gas-fueled production to renewable-powered green ammonia, with capacity to produce about 1.1 million tons per year—supporting a new export industry in India and cleaner production of an ingredient essential to fertilizer and industry. The investment includes a $100 million loan from the Leading Asia’s Private Infrastructure Fund 2, financed by the Japan International Cooperation Agency (JICA) and administered by ADB.

“Strengthening resilience of Asia’s energy supply chains is essential. Japan is advancing POWERR Asia, including through ACCEL, and I welcome the first joint project under ACCEL,” said Japan’s Finance Minister Satsuki Katayama. “Working closely with ADB, Japan will continue to support the diversification of energy sources, which will strengthen economic resilience across Asia.”

ACCEL was launched in May 2026 by ADB and Japan to help countries and businesses in Asia and the Pacific manage rising energy prices and build stronger energy systems for the future. The initiative works on two tracks: first, supporting corporate liquidity in the short term, particularly for small and medium-sized enterprises, and second, supporting a transition toward more diversified and sustainable energy systems in the medium to long term. Japan supports ACCEL through its Japan-financed and ADB-administered trust funds and through collaboration with Japanese development finance institutions, including JICA and the Japan Bank for International Cooperation (JBIC), to maximize development impact.

ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

Emmvee Photovoltaic Power Limited has reported strong financial and operational growth for the first half of FY27, supported by higher solar module and cell production, a robust order book and progress on manufacturing expansion plans. The company’s revenue from operations increased 45.1% year on year to ₹3,131.9 crore in H1 FY27, while profit after tax (PAT) rose 79.1% to ₹762.3 crore.

For the second quarter of FY27, revenue from operations grew 39.4% year on year to ₹1,576.4 crore, while PAT increased 60.6% to ₹382 crore. During H1 FY27, EBITDA rose 47.4% to ₹1,105 crore, reflecting improved financial performance during the period.

On the operational front, Emmvee produced 952 MW of solar PV modules in Q2 FY27, compared with 682 MW in the corresponding quarter of the previous financial year. Solar cell production increased to 513 MW from 319 MW year on year. Effective capacity utilisation during the quarter stood at 89% for solar cells and 44% for modules.

As of 30 September 2026, Emmvee had installed annual manufacturing capacity of approximately 10.3 GW for solar modules and 2.94 GW for TOPCon solar cells. The company’s order book stood at 10.4 GW at the end of Q2 FY27, supported by new order inflows of approximately 1.5 GW during the quarter.

The company is also progressing with its planned 6 GW integrated TOPCon solar module and cell manufacturing expansion. Commercial sales and capacity utilisation are expected to ramp up progressively following commissioning.

In addition, Emmvee plans phased backward integration into ingot and wafer manufacturing, with a proposed total capacity of 9 GW. The expansion is planned in two phases, comprising 5 GW in FY29 and a further 4 GW in FY30. The timeline remains subject to regulatory clarity on the implementation of ALMM III and prevailing market conditions.

The proposed ingot and wafer manufacturing project is expected to require capital expenditure of ₹5,000–5,500 crore, which the company expects to fund largely through internal accruals.

Emmvee’s balance sheet and operating cash flow also showed improvement during the period. Net debt-to-equity stood at 0.12x as of 30 September 2026, while net cash generated from operating activities increased to ₹409.9 crore in H1 FY27 from ₹120.7 crore in H1 FY26. A reduction in finance costs also supported earnings growth.

The company’s manufacturing capacity, production growth and planned backward integration reflect its strategy to strengthen its position across the solar manufacturing value chain, from modules and cells to the proposed expansion into ingots and wafers.

Commenting on the performance, Mr. DV Manjunatha, Chairman & Managing Director, Emmvee Photovoltaic Power Ltd., said, “Our performance during the first half of FY27 reflects continued growth in the business, supported by sustained demand, operating efficiencies and the benefits of integrated manufacturing. Our 6 GW integrated TOPCon solar cell and module manufacturing facility expansion project is progressing in line with our schedule, with most orders for hard costs already placed. We expect to commission the 6 GW module line by December 2026, followed by the 6 GW cell line by March 2027. Commercial sales will be aligned with commissioning, with utilisation increasing progressively thereafter. Once fully commissioned, the expansion will increase our annual manufacturing capacity to approximately 16.3 GW of modules and 8.9 GW of cells. This represents an important step in deepening backward integration, strengthening domestic sourcing and supply-chain resilience, and building a more competitive business for the long term.”

Emmvee Photovoltaic Power Limited has reported strong financial and operational growth for the first half of FY27, supported by higher solar module and cell production, a robust order book and progress on manufacturing expansion plans. The company’s revenue from operations increased 45.1% year on year to ₹3,131.9 crore in H1 FY27, while profit after tax (PAT) rose 79.1% to ₹762.3 crore.

For the second quarter of FY27, revenue from operations grew 39.4% year on year to ₹1,576.4 crore, while PAT increased 60.6% to ₹382 crore. During H1 FY27, EBITDA rose 47.4% to ₹1,105 crore, reflecting improved financial performance during the period.

On the operational front, Emmvee produced 952 MW of solar PV modules in Q2 FY27, compared with 682 MW in the corresponding quarter of the previous financial year. Solar cell production increased to 513 MW from 319 MW year on year. Effective capacity utilisation during the quarter stood at 89% for solar cells and 44% for modules.

As of 30 September 2026, Emmvee had installed annual manufacturing capacity of approximately 10.3 GW for solar modules and 2.94 GW for TOPCon solar cells. The company’s order book stood at 10.4 GW at the end of Q2 FY27, supported by new order inflows of approximately 1.5 GW during the quarter.

The company is also progressing with its planned 6 GW integrated TOPCon solar module and cell manufacturing expansion. Commercial sales and capacity utilisation are expected to ramp up progressively following commissioning.

In addition, Emmvee plans phased backward integration into ingot and wafer manufacturing, with a proposed total capacity of 9 GW. The expansion is planned in two phases, comprising 5 GW in FY29 and a further 4 GW in FY30. The timeline remains subject to regulatory clarity on the implementation of ALMM III and prevailing market conditions.

The proposed ingot and wafer manufacturing project is expected to require capital expenditure of ₹5,000–5,500 crore, which the company expects to fund largely through internal accruals.

Emmvee’s balance sheet and operating cash flow also showed improvement during the period. Net debt-to-equity stood at 0.12x as of 30 September 2026, while net cash generated from operating activities increased to ₹409.9 crore in H1 FY27 from ₹120.7 crore in H1 FY26. A reduction in finance costs also supported earnings growth.

The company’s manufacturing capacity, production growth and planned backward integration reflect its strategy to strengthen its position across the solar manufacturing value chain, from modules and cells to the proposed expansion into ingots and wafers.

Commenting on the performance, Mr. DV Manjunatha, Chairman & Managing Director, Emmvee Photovoltaic Power Ltd., said, “Our performance during the first half of FY27 reflects continued growth in the business, supported by sustained demand, operating efficiencies and the benefits of integrated manufacturing. Our 6 GW integrated TOPCon solar cell and module manufacturing facility expansion project is progressing in line with our schedule, with most orders for hard costs already placed. We expect to commission the 6 GW module line by December 2026, followed by the 6 GW cell line by March 2027. Commercial sales will be aligned with commissioning, with utilisation increasing progressively thereafter. Once fully commissioned, the expansion will increase our annual manufacturing capacity to approximately 16.3 GW of modules and 8.9 GW of cells. This represents an important step in deepening backward integration, strengthening domestic sourcing and supply-chain resilience, and building a more competitive business for the long term.”

Emmvee Photovoltaic Power Limited has reported strong financial and operational growth for the first half of FY27, supported by higher solar module and cell production, a robust order book and progress on manufacturing expansion plans. The company’s revenue from operations increased 45.1% year on year to ₹3,131.9 crore in H1 FY27, while profit after tax (PAT) rose 79.1% to ₹762.3 crore.

For the second quarter of FY27, revenue from operations grew 39.4% year on year to ₹1,576.4 crore, while PAT increased 60.6% to ₹382 crore. During H1 FY27, EBITDA rose 47.4% to ₹1,105 crore, reflecting improved financial performance during the period.

On the operational front, Emmvee produced 952 MW of solar PV modules in Q2 FY27, compared with 682 MW in the corresponding quarter of the previous financial year. Solar cell production increased to 513 MW from 319 MW year on year. Effective capacity utilisation during the quarter stood at 89% for solar cells and 44% for modules.

As of 30 September 2026, Emmvee had installed annual manufacturing capacity of approximately 10.3 GW for solar modules and 2.94 GW for TOPCon solar cells. The company’s order book stood at 10.4 GW at the end of Q2 FY27, supported by new order inflows of approximately 1.5 GW during the quarter.

The company is also progressing with its planned 6 GW integrated TOPCon solar module and cell manufacturing expansion. Commercial sales and capacity utilisation are expected to ramp up progressively following commissioning.

In addition, Emmvee plans phased backward integration into ingot and wafer manufacturing, with a proposed total capacity of 9 GW. The expansion is planned in two phases, comprising 5 GW in FY29 and a further 4 GW in FY30. The timeline remains subject to regulatory clarity on the implementation of ALMM III and prevailing market conditions.

The proposed ingot and wafer manufacturing project is expected to require capital expenditure of ₹5,000–5,500 crore, which the company expects to fund largely through internal accruals.

Emmvee’s balance sheet and operating cash flow also showed improvement during the period. Net debt-to-equity stood at 0.12x as of 30 September 2026, while net cash generated from operating activities increased to ₹409.9 crore in H1 FY27 from ₹120.7 crore in H1 FY26. A reduction in finance costs also supported earnings growth.

The company’s manufacturing capacity, production growth and planned backward integration reflect its strategy to strengthen its position across the solar manufacturing value chain, from modules and cells to the proposed expansion into ingots and wafers.

Commenting on the performance, Mr. DV Manjunatha, Chairman & Managing Director, Emmvee Photovoltaic Power Ltd., said, “Our performance during the first half of FY27 reflects continued growth in the business, supported by sustained demand, operating efficiencies and the benefits of integrated manufacturing. Our 6 GW integrated TOPCon solar cell and module manufacturing facility expansion project is progressing in line with our schedule, with most orders for hard costs already placed. We expect to commission the 6 GW module line by December 2026, followed by the 6 GW cell line by March 2027. Commercial sales will be aligned with commissioning, with utilisation increasing progressively thereafter. Once fully commissioned, the expansion will increase our annual manufacturing capacity to approximately 16.3 GW of modules and 8.9 GW of cells. This represents an important step in deepening backward integration, strengthening domestic sourcing and supply-chain resilience, and building a more competitive business for the long term.”