ONGC intends to build 1 GW solar power plant in Rajasthan

01 Nov 2022 CW Team

Oil and Natural Gas Corp (ONGC) plans to build a 1 GW solar power plant in Rajasthan as a key step toward establishing a foothold in the green energy space.

The company has approached the state government to request 5,000 acre of land for its proposed 1 GW project.

The project may require a Rs 500 billion investment and will take about three years to complete after land is allotted. The proposed plant will help meet the company's internal electricity demand while also allowing it to sell power on the market.

ONGC barely has a presence in the renewable energy space today, with only 153 MW of wind and 31 MW of solar generation capacity. However, it has now begun to act on its green goals by focusing on specific projects and partnering with power companies.

Also read:
Reliance’s MJ gas condensate field to begin output this year
IOC in talks with Tellurian of US for long-term LNG deal

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..