Category: All News

  • Apraava Energy Secures Intrastate Transmission Project in Maharashtra

    Apraava Energy, one of India’s leading integrated energy solutions providers, today announced that it has acquired the Special Purpose Vehicle (SPV), Raigad Power Transmission Limited, to develop an intrastate transmission project across Pune and Raigad districts in Maharashtra.

    The project was awarded through the Government of India’s Tariff-Based Competitive Bidding (TBCB) process. It involves the setting up of ~400 circuit kilometres (ckm) (including ~ 340 ckm 765 kV and the remaining 400 kV and 220 kV double-circuit transmission lines), along with a 4,500 MVA (3×1,500 MVA) 765/400/220 kV pooling station.

    This marks Apraava’s first transmission asset in Maharashtra and will support in enhancing grid stability and reliability by enabling reliable power supply to potential Pumped Storage Plants (PSPs) and the evacuation of ~3 GW of power from PSPs in Raigad district.

    Commenting on the win, Rajiv Ranjan Mishra, Managing Director, Apraava Energy, said, “The Raigad Power Transmission Limited project will play an important role in strengthening Maharashtra’s transmission network and enabling the reliable integration of renewable energy. Maharashtra holds a special place in our journey, as it was here that we entered the renewable energy sector with our first wind project in 2006. As one of India’s key economic and industrial hubs, Maharashtra requires a robust and resilient transmission network to meet its growing energy needs. Apraava remains focused on expanding its transmission portfolio and building the infrastructure needed to enable India’s energy transition.”

    The project will be developed under the Build, Own, Operate and Transfer (BOOT) model and will provide transmission services for a 35-year concession period following commissioning. The project is scheduled for completion within 24 months from the signing of the Transmission Service Agreement (TSA). In addition to strengthening Maharashtra’s power transmission infrastructure, the project is expected to create direct and indirect employment opportunities during its construction and operational phases.

    Apraava currently operates three transmission assets comprising ~1,000 ckm of transmission lines and 3,500 MVA of substation capacity. With the addition of Raigad Power Transmission Limited, Apraava now has five greenfield transmission projects under construction, which will collectively add ~1,580 ckm of transmission lines and ~18,000 MVA of substation capacity. Headquartered in Mumbai, Apraava has a long-standing presence in Maharashtra, with over 200 MW of operational wind capacity and 70 MW of operational solar capacity.

  • Emmvee Holds First AGM Since Listing; Management Approves Final Dividend After FY26 Profit Surges 193%

    Emmvee Holds First AGM Since Listing; Management Approves Final Dividend After FY26 Profit Surges 193%

    Emmvee Photovoltaic Power Limited (NSE: EMMVEE; BSE: 544608), an integrated solar cell and module manufacturer, held its 19th Annual General Meeting, its first since listing on the stock exchanges in November 2025.

    Shareholders approved a final dividend of ₹1 per equity share of face value ₹2 for the financial year ended March 31, 2026. The dividend reflects the company’s approach to balancing shareholder distributions with investment in manufacturing capabilities, technology and long-term growth.

    For FY2025-26, Emmvee reported consolidated revenue from operations of ₹5,050 crore, an increase of 116% year-on-year, and consolidated profit after tax of ₹1,082 crore, up 193%.

    The performance was supported by higher production volumes, increased manufacturing scale and the benefits of integrated operations.

    The company continued to deliver year-on-year growth in the first quarter of FY2026-27, with revenue from operations increasing 51% and profit after tax rising 103%. Its order book stood at approximately 9.9 GW as at June 30, 2026.

    Mr. Manjunatha Donthi Venkatarathnaiah, Chairman and Managing Director, Emmvee Photovoltaic Power Limited, said, “Our first AGM as a listed company is an opportunity to thank our shareholders for their trust and reaffirm our responsibility towards them. We remain committed to earning that trust through consistent execution, transparent communication and prudent financial management.

    As we invest in Emmvee’s next phase of growth, our approach is to balance shareholder returns with the resources required to strengthen the business. Our priorities are to serve customers reliably, improve manufacturing efficiency, deepen integration and execute our expansion with financial discipline. We believe these fundamentals will support lasting value for all shareholders.”

    Emmvee is developing a 6 GW integrated solar cell and module manufacturing facility at Devanahalli, Karnataka. The investment is intended to strengthen manufacturing integration, enhance control over quality and costs, and support the company’s ability to meet customers’ evolving requirements.

    The approved dividend will be paid to eligible shareholders as of the record date of September 18, 2026, within 30 days of the AGM, subject to applicable tax deductions.

  • Emmvee Holds First AGM Since Listing; Management Approves Final Dividend After FY26 Profit Surges 193%

    Emmvee Holds First AGM Since Listing; Management Approves Final Dividend After FY26 Profit Surges 193%

    Emmvee Photovoltaic Power Limited (NSE: EMMVEE; BSE: 544608), an integrated solar cell and module manufacturer, held its 19th Annual General Meeting, its first since listing on the stock exchanges in November 2025.

    Shareholders approved a final dividend of ₹1 per equity share of face value ₹2 for the financial year ended March 31, 2026. The dividend reflects the company’s approach to balancing shareholder distributions with investment in manufacturing capabilities, technology and long-term growth.

    For FY2025-26, Emmvee reported consolidated revenue from operations of ₹5,050 crore, an increase of 116% year-on-year, and consolidated profit after tax of ₹1,082 crore, up 193%.

    The performance was supported by higher production volumes, increased manufacturing scale and the benefits of integrated operations.

    The company continued to deliver year-on-year growth in the first quarter of FY2026-27, with revenue from operations increasing 51% and profit after tax rising 103%. Its order book stood at approximately 9.9 GW as at June 30, 2026.

    Mr. Manjunatha Donthi Venkatarathnaiah, Chairman and Managing Director, Emmvee Photovoltaic Power Limited, said, “Our first AGM as a listed company is an opportunity to thank our shareholders for their trust and reaffirm our responsibility towards them. We remain committed to earning that trust through consistent execution, transparent communication and prudent financial management.

    As we invest in Emmvee’s next phase of growth, our approach is to balance shareholder returns with the resources required to strengthen the business. Our priorities are to serve customers reliably, improve manufacturing efficiency, deepen integration and execute our expansion with financial discipline. We believe these fundamentals will support lasting value for all shareholders.”

    Emmvee is developing a 6 GW integrated solar cell and module manufacturing facility at Devanahalli, Karnataka. The investment is intended to strengthen manufacturing integration, enhance control over quality and costs, and support the company’s ability to meet customers’ evolving requirements.

    The approved dividend will be paid to eligible shareholders as of the record date of September 18, 2026, within 30 days of the AGM, subject to applicable tax deductions.

  • Emmvee Holds First AGM Since Listing; Management Approves Final Dividend After FY26 Profit Surges 193%

    Emmvee Holds First AGM Since Listing; Management Approves Final Dividend After FY26 Profit Surges 193%

    Emmvee Photovoltaic Power Limited (NSE: EMMVEE; BSE: 544608), an integrated solar cell and module manufacturer, held its 19th Annual General Meeting, its first since listing on the stock exchanges in November 2025.

    Shareholders approved a final dividend of ₹1 per equity share of face value ₹2 for the financial year ended March 31, 2026. The dividend reflects the company’s approach to balancing shareholder distributions with investment in manufacturing capabilities, technology and long-term growth.

    For FY2025-26, Emmvee reported consolidated revenue from operations of ₹5,050 crore, an increase of 116% year-on-year, and consolidated profit after tax of ₹1,082 crore, up 193%.

    The performance was supported by higher production volumes, increased manufacturing scale and the benefits of integrated operations.

    The company continued to deliver year-on-year growth in the first quarter of FY2026-27, with revenue from operations increasing 51% and profit after tax rising 103%. Its order book stood at approximately 9.9 GW as at June 30, 2026.

    Mr. Manjunatha Donthi Venkatarathnaiah, Chairman and Managing Director, Emmvee Photovoltaic Power Limited, said, “Our first AGM as a listed company is an opportunity to thank our shareholders for their trust and reaffirm our responsibility towards them. We remain committed to earning that trust through consistent execution, transparent communication and prudent financial management.

    As we invest in Emmvee’s next phase of growth, our approach is to balance shareholder returns with the resources required to strengthen the business. Our priorities are to serve customers reliably, improve manufacturing efficiency, deepen integration and execute our expansion with financial discipline. We believe these fundamentals will support lasting value for all shareholders.”

    Emmvee is developing a 6 GW integrated solar cell and module manufacturing facility at Devanahalli, Karnataka. The investment is intended to strengthen manufacturing integration, enhance control over quality and costs, and support the company’s ability to meet customers’ evolving requirements.

    The approved dividend will be paid to eligible shareholders as of the record date of September 18, 2026, within 30 days of the AGM, subject to applicable tax deductions.

  • Emmvee Holds First AGM Since Listing; Management Approves Final Dividend After FY26 Profit Surges 193%

    Emmvee Photovoltaic Power Limited (NSE: EMMVEE; BSE: 544608), an integrated solar cell and module manufacturer, held its 19th Annual General Meeting, its first since listing on the stock exchanges in November 2025.

    Shareholders approved a final dividend of ₹1 per equity share of face value ₹2 for the financial year ended March 31, 2026. The dividend reflects the company’s approach to balancing shareholder distributions with investment in manufacturing capabilities, technology and long-term growth.

    For FY2025-26, Emmvee reported consolidated revenue from operations of ₹5,050 crore, an increase of 116% year-on-year, and consolidated profit after tax of ₹1,082 crore, up 193%.

    The performance was supported by higher production volumes, increased manufacturing scale and the benefits of integrated operations.

    The company continued to deliver year-on-year growth in the first quarter of FY2026-27, with revenue from operations increasing 51% and profit after tax rising 103%. Its order book stood at approximately 9.9 GW as at June 30, 2026.

    Mr. Manjunatha Donthi Venkatarathnaiah, Chairman and Managing Director, Emmvee Photovoltaic Power Limited, said, “Our first AGM as a listed company is an opportunity to thank our shareholders for their trust and reaffirm our responsibility towards them. We remain committed to earning that trust through consistent execution, transparent communication and prudent financial management.

    As we invest in Emmvee’s next phase of growth, our approach is to balance shareholder returns with the resources required to strengthen the business. Our priorities are to serve customers reliably, improve manufacturing efficiency, deepen integration and execute our expansion with financial discipline. We believe these fundamentals will support lasting value for all shareholders.”

    Emmvee is developing a 6 GW integrated solar cell and module manufacturing facility at Devanahalli, Karnataka. The investment is intended to strengthen manufacturing integration, enhance control over quality and costs, and support the company’s ability to meet customers’ evolving requirements.

    The approved dividend will be paid to eligible shareholders as of the record date of September 18, 2026, within 30 days of the AGM, subject to applicable tax deductions.

  • Datta Infra Appoints S Easwara Pillai as Chief Operating Officer – EPC

    Datta Infra Appoints S Easwara Pillai as Chief Operating Officer – EPC

    Datta Infra has announced the appointment of S Easwara Pillai as its new Chief Operating Officer – EPC, strengthening its leadership team as the company continues to expand its presence in the renewable energy sector.

    Pillai brings over 25 years of experience across Solar EPC, renewable energy and infrastructure. He has a track record in large-scale project execution, business leadership and operational management.

    In his new role, Pillai will contribute to Datta Infra’s EPC operations, bringing his industry experience and leadership perspective to the company’s growth initiatives.

    The company said that the appointment comes as Datta Infra continues to strengthen its presence in the renewable energy space and scale its operations.

    With extensive experience spanning project execution and operational management, Pillai’s appointment adds to Datta Infra’s leadership capabilities as it works toward expanding its renewable energy and EPC activities.

  • Datta Infra Appoints S Easwara Pillai as Chief Operating Officer – EPC

    Datta Infra Appoints S Easwara Pillai as Chief Operating Officer – EPC

    Datta Infra has announced the appointment of S Easwara Pillai as its new Chief Operating Officer – EPC, strengthening its leadership team as the company continues to expand its presence in the renewable energy sector.

    Pillai brings over 25 years of experience across Solar EPC, renewable energy and infrastructure. He has a track record in large-scale project execution, business leadership and operational management.

    In his new role, Pillai will contribute to Datta Infra’s EPC operations, bringing his industry experience and leadership perspective to the company’s growth initiatives.

    The company said that the appointment comes as Datta Infra continues to strengthen its presence in the renewable energy space and scale its operations.

    With extensive experience spanning project execution and operational management, Pillai’s appointment adds to Datta Infra’s leadership capabilities as it works toward expanding its renewable energy and EPC activities.

  • Datta Infra Appoints S Easwara Pillai as Chief Operating Officer – EPC

    Datta Infra Appoints S Easwara Pillai as Chief Operating Officer – EPC

    Datta Infra has announced the appointment of S Easwara Pillai as its new Chief Operating Officer – EPC, strengthening its leadership team as the company continues to expand its presence in the renewable energy sector.

    Pillai brings over 25 years of experience across Solar EPC, renewable energy and infrastructure. He has a track record in large-scale project execution, business leadership and operational management.

    In his new role, Pillai will contribute to Datta Infra’s EPC operations, bringing his industry experience and leadership perspective to the company’s growth initiatives.

    The company said that the appointment comes as Datta Infra continues to strengthen its presence in the renewable energy space and scale its operations.

    With extensive experience spanning project execution and operational management, Pillai’s appointment adds to Datta Infra’s leadership capabilities as it works toward expanding its renewable energy and EPC activities.

  • Datta Infra Appoints S Easwara Pillai as Chief Operating Officer – EPC

    Datta Infra has announced the appointment of S Easwara Pillai as its new Chief Operating Officer – EPC, strengthening its leadership team as the company continues to expand its presence in the renewable energy sector.

    Pillai brings over 25 years of experience across Solar EPC, renewable energy and infrastructure. He has a track record in large-scale project execution, business leadership and operational management.

    In his new role, Pillai will contribute to Datta Infra’s EPC operations, bringing his industry experience and leadership perspective to the company’s growth initiatives.

    The company said that the appointment comes as Datta Infra continues to strengthen its presence in the renewable energy space and scale its operations.

    With extensive experience spanning project execution and operational management, Pillai’s appointment adds to Datta Infra’s leadership capabilities as it works toward expanding its renewable energy and EPC activities.

  • KPI Green Energy Secures ₹2,025 Crore Order for 500 MW Solar EPC Project in Rajasthan

    KPI Green Energy Secures ₹2,025 Crore Order for 500 MW Solar EPC Project in Rajasthan

    KPI Green Energy Limited has received a work order worth approximately ₹2,025 crore from NACOF Oorja Private Limited (NOPL), a subsidiary of NACOF, for the turnkey Engineering, Procurement and Construction (EPC) of a 500 MW / 550 MWp solar photovoltaic power project in Bikaner, Rajasthan.

    The project is part of the 5,000 MW Solar Photovoltaic Power Park being developed by NOPL at Village Dantoor, Tehsil Khajuwala, District Bikaner. Under the work order, KPI Green Energy will undertake the complete design, engineering, procurement, supply, installation, testing and commissioning of the solar plant.

    The scope of work includes civil works, PV modules, module mounting structures, inverters, inverter transformers, HT switchgear and associated electrical systems. It also covers the 33 kV transmission line, evacuation bay, and SCADA and monitoring systems. The EPC project is scheduled for completion within 12 months from the handing over of the project site.

    According to the company, the new order follows a 500 MW / 550 MWp solar balance-of-system (BOS) package awarded by NTPC Renewable Energy Limited at Bikaner earlier this year. The latest contract further strengthens KPI Green Energy’s presence in Rajasthan and adds to its EPC order book, providing revenue visibility over the coming year.

    The order has been awarded by a domestic entity and is structured as a turnkey EPC contract. The aggregate project size is 500 MW / 550 MWp, with the consideration of approximately ₹2,025 crore inclusive of taxes and GST. The company has also disclosed that the contract does not involve any interest of its promoter or promoter group in the awarding entity and does not fall under related-party transactions.