Masdar, Gentari, and Others Pursue Majority Stake in Ayana Renewable Power

Ayana Renews Energy Pact with Hindalco

Ayana Renewable Power, an Independent Power Producer specializing in renewable energy in India, has announced the signing of a Power Purchase Agreement with Hindalco Industries, part of the Aditya Birla Group. This agreement entails the supply of 100 MW of Round-the-Clock (RTC) renewable energy to Hindalco's smelter plants in Odisha, contributing to the development of approximately 330 MW of solar and wind capacity.

Describing this project as a significant achievement in Ayana's journey to becoming a provider of demand-driven energy solutions, the company emphasized its commitment t..

Ayana Renewable Power enhances portfolio with 300 MW RTC energy

Ayana Renewable Power, supported by the National Investment and Infrastructure Fund, announced that it successfully secured a tender to provide round-the-clock renewable energy to REMCL. REMCL is a joint venture between the Ministry of Railways and RITES.

As per the official press release, Ayana's subsidiary, Project Nine Renewable Energy, emerged victorious in the competitive bidding process for a 300-MW capacity. The statement emphasised that this project is ground-breaking, offering a unique combination of high availability and dispatchability. It will augment Ayana's portfolio..

The transformation of a workplace: From monotonous to exciting

Where green energy matches professional energy

The existing office infrastructure was not suitable for Ayana. It was not exciting. There were too many cabins, and the interiors were too glossy for comfort. As a new generation, new energy company, Ayana wanted its office to firstly be cabin-less and secondly, commun..

Adani Energy Acquires Essar's Transmission Assets

Adani Energy has finalised the acquisition of Essar's Mahan and Sipat transmission assets for a sum of Rs 1900 crore. This significant move underscores Adani's strategic expansion within the energy sector and consolidates its position as a key player in India's power transmission domain.

The acquisition of Essar's transmission assets represents a strategic investment for Adani Energy, enabling the company to augment its infrastructure and bolster its transmission network. With the addition of these assets, Adani strengthens its operational footprint, enhancing its capacity to deliver r..

IEX Q4 Net Profit Grows 9.5%

The Indian Energy Exchange (IEX) has reported a significant uptick in its net profit for the fourth quarter, marking a notable growth of 9.5%. This financial performance underscores the resilience and strength of the company's business model in navigating through dynamic market conditions within the energy sector.

The impressive growth in net profit reflects IEX's robust operational performance and effective strategic initiatives aimed at enhancing efficiency and driving sustainable value creation. As a leading power trading platform in India, IEX plays a pivotal role in facilitating t..