India's Renewable Energy Boom Accelerates

14 Mar 2024 CW Team

India's renewable energy sector is experiencing a significant surge, with the latest reports indicating remarkable progress in the country's transition towards sustainable energy sources. According to recent data released by the Ministry of New and Renewable Energy (MNRE), India's renewable energy capacity has reached an impressive milestone, surpassing the 150 GW mark. This achievement underscores India's commitment to reducing its carbon footprint and combating climate change through the adoption of clean and green energy solutions.

The renewable energy sector in India has witnessed remarkable growth over the past few years, driven by ambitious government initiatives and favourable policies aimed at promoting renewable energy deployment across the nation. Solar energy has emerged as a frontrunner in India's renewable energy landscape, with the country becoming one of the world's largest solar power producers. The government's ambitious target of achieving 450 GW of renewable energy capacity by 2030 reflects India's unwavering determination to accelerate the transition towards a sustainable energy future.

Key factors contributing to India's renewable energy boom include the rapid expansion of solar and wind power installations, the increasing adoption of innovative technologies, and the growing investments in clean energy projects. The government's emphasis on promoting renewable energy auctions and incentivising private sector participation has also played a pivotal role in driving growth and attracting investments in the sector.

India's renewable energy journey is not only transforming the country's energy landscape but also creating new opportunities for economic growth, job creation, and sustainable development. As the nation continues to make strides in its renewable energy transition, it reaffirms its position as a global leader in the fight against climate change and sets a positive example for other nations to follow suit

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..