Adani Green commissions 130 MW wind power plant in Gujarat

29 May 2023 CW Team

Adani Green Energy’s subsidiary, Adani Wind Energy Kutchh Five, has successfully commissioned a 130 MW Wind Power Plant in Kutchh, Gujarat. The plant has entered into a 25-year power purchase agreement of 130 MW with the Solar Energy Corporation of India (SECI) at a rate of Rs. 2.83 per kilowatt hour (kWh).

According to a press statement from the company, the commissioning of this plant has increased AGEL's operational wind generation capacity to 1,101 MW and its total operational renewable generation capacity to 8,216 MW. This significant achievement puts AGEL's overall renewable portfolio on track to achieve its ambitious goal of 45 GW capacity by 2030.

The newly commissioned plant will be managed using the Adani Group's intelligent 'Energy Network Operation Centre' (ENOC) platform. This platform has consistently demonstrated its effectiveness in ensuring superior operational performance across AGEL's diverse renewable portfolio, which spans multiple locations in India.

AGEL's projects have been instrumental in integrating sustainability objectives with economic development, generating employment opportunities, and facilitating decarbonization efforts in line with India's commitment at the United Nations Climate Change Conference in Paris. This latest milestone brings AGEL one step closer to assuming a leadership role in addressing climate change.

Real Estate

05 May 2026

Sundaram Home Finance Reports FY26 Growth

Sundaram Home Finance reported a 15 per cent increase in net profit for FY26 to Rs 2.82 billion, compared to Rs 2.45 billion in the previous year, supported by steady growth in disbursements and expansion of its emerging business segment.Disbursements rose 5 per cent year-on-year to Rs 68.42 billion, while assets under management (AUM) grew 14 per cent to Rs 199.09 billion as of March 31, 2026.The company’s emerging business segment—comprising affordable housing finance and small-ticket loans—crossed the Rs 5.0 billion disbursement milestone, reaching Rs 5.9 billion in FY26, up from Rs 2..

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..