Orient Green Power Reports Record Net Profit For FY26

13 May 2026 CW Team

Orient Green Power Company has filed a corrigendum under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015 and has reported consolidated results for the year ended March 31, 2026. The company said the filing corrects an earlier intimation made to the stock exchanges and provides audited standalone and consolidated financial results. The submission was sent to both the National Stock Exchange and the BSE.

On a consolidated basis, the company reported total income of Rs 3,155.7 million, earnings before interest, tax, depreciation and amortisation of Rs 2,054.5 mn and net profit of Rs 715.7 million for FY26. For clarity, million (mn) is used to present amounts converted from crore. The company noted a year-on-year increase in total income of 13 per cent and an increase in net profit of 70 per cent.

Operationally, the group commissioned its first seven megawatt (MW) solar plant in December 2025 and has contracted to add a further 17.6 MW of solar capacity. Wind capacity was expanded by 9.9 MW through three turbines, each rated 3.3 MW and repowering of about 7.8 MW of older turbines was initiated under the Tamil Nadu policy. The company continues to operate around 381.7 MW of wind power capacity in India and a 10.5 MW wind farm in Croatia.

The managing director and chief executive officer said that favourable wind patterns during the first half supported generation and revenue and that the one-off refund of excess interest received in earlier periods had aided profitability. Interest cost fell from Rs 719.9 mn to Rs 571.8 mn, a reduction of about 21 per cent, and the company received a refund of about Rs 160 mn relating to excess interest charged in prior periods. Management indicated that a credit rating upgrade and a 45 basis points reduction in borrowing costs at a material subsidiary, together with completed component upgrades, are expected to support growth and returns in forthcoming years.

Infrastructure Transport

09 Jun 2026

Afcons Secures Rs 53.01 Billion Vadhvan Breakwater Contract

Afcons Infrastructure has received the Letter of Award from Vadhvan Port Project for the construction of a 10.14-km-long breakwater at the upcoming Vadhvan Port in Maharashtra. Valued at Rs 53.01 billion, the project will create what is set to become the second longest breakwater in the world upon completion.The contract marks a significant milestone for the marine infrastructure specialist and is expected to play a crucial role in the development of Vadhvan Port, envisaged as India's largest public port and one of the world's biggest container ports.Krishnamurthy Subramanian, Executive Chairm..

India Clean Industry Pipeline Grows 30%

India’s clean industry project pipeline has grown by 30 per cent over a six-month period, reflecting rising interest in low-carbon industrial growth amid geopolitical and supply-chain uncertainty.Mission Possible Partnership’s latest Global Project Tracker shows that India now has the world’s third-largest clean industrial project pipeline by project count, after China and the United States. The country has 65 projects across four sectors and 11 states, representing an estimated $433.07 billion investment opportunity in clean fuels, chemicals and low-carbon manufacturing.The pipeline inc..

Kärcher Showcases Professional Cleaning Solutions

Kärcher India recently showcased its professional cleaning solutions portfolio for commercial, industrial, hospitality, healthcare, retail, automotive and institutional applications. The range includes cleaning agents and detergents designed to support efficiency, material safety, operational reliability and hygiene across multiple environments.Under floor cleaning, Kärcher offers solutions such as FloorPro Deep Cleaner RM 751, FloorPro Shine Cleaner RM 755, FloorPro Fine Stoneware Cleaner RM 753, FloorPro Crystallising Agent RM 749 and High Gloss Crystallising Powder RM 775. These products ..