CESC arm signs pact to set up 686.85 MW wind project

27 Sep 2024 CW Team

CESC said its arm has signed an agreement with Ecoren Energy India to set up a wind power project of up to 686.85 MW. Ecoren Energy India Pvt Ltd is neither a related party nor a part of its promoter or promoter group, CESC Ltd said in an exchange filing. "Subsidiary Purvah Green Power Private Ltd has entered into a binding term sheet with Ecoren Energy India for setting up wind power project of up to 686.85 MW," it said. The project is likely to be commissioned within three years, subject to the receipt of the relevant licenses/ permits/ approvals from various authorities, the company said.

Infrastructure Urban

11 May 2026

India and EU Launch 15.2 Million Euro EV Battery Recycling Initiative

India and the European Union launched a third coordinated call for proposals on the recycling of electric vehicle batteries under the India-EU Trade and Technology Council Working Group two on five May 2026, with submissions due on 15 September 2026. The initiative is aimed at securing critical raw materials and accelerating the transition to a circular economy while deepening bilateral relations. The announcement was made by officials from the Office of the Principal Scientific Adviser and the European Commission. The call has a combined funding pool of 15.2 million euros (15.2 mn euros) and ..

Aptus Value Posts Strong FY26 Results And Asset Quality

Aptus Value Housing Finance India Limited on six May 2026 reported results for the quarter and year ended 31 March 2026. Assets under management (AUM) stood at Rs 131.07 bn, up 21 per cent year on year. The company said improved field execution and sustained demand supported the growth. Disbursements in the fourth quarter were Rs 12.42 bn, up 17 per cent year on year, and full year disbursements were Rs 40.09 bn, up 11 per cent. Total income for FY26 was Rs 22.46 bn, up 25 per cent, and net profit for the year was Rs 9.43 bn, a rise of 26 per cent. Quarterly net profit was Rs 2.61 bn. For the ..

R Systems Posts Nearly Thirty Per Cent Revenue Growth In Q1 2026

R Systems International Limited (R Systems) reported consolidated revenue of Rs 5,748 million (mn) for the quarter ended March 31, 2026, representing year-on-year growth of 29.9 per cent in rupee terms and 22.9 per cent in US dollar terms. Adjusted EBITDA was Rs 1,157 mn, or 20.1 per cent of revenue, and adjusted net profit after tax was Rs 758 mn, indicating margin expansion. Results reflected full-quarter consolidation of Novigo, which management said strengthened revenue and margins. Executives said the quarter reflected accelerating demand as mid-market enterprises moved from AI pilots to ..