India adds 2,488 MW solar capacity in Q2, rising 19% QoQ over Q1
POWER & RENEWABLE ENERGY

India adds 2,488 MW solar capacity in Q2, rising 19% QoQ over Q1

India added 2,488 MW of solar capacity in the second quarter of the calendar year 2021, an increase of 19 per cent QoQ as against 2,090 MW established in Q1 2021. Solar establishments surged by 1,114 per cent YoY compared to 205 MW added in Q2 2020. The Covid-19 pandemic impacte...

India added 2,488 MW of solar capacity in the second quarter of the calendar year 2021, an increase of 19 per cent QoQ as against 2,090 MW established in Q1 2021. Solar establishments surged by 1,114 per cent YoY compared to 205 MW added in Q2 2020. The Covid-19 pandemic impacted the solar installations in Q2 2020. The capacity increase in Q2 2021 was the highest in a quarter since Q2 2018. The total solar installations at the end of Q2, 2021 stood at 43.6 GW. In the first half (1H) of 2021, India added 4,578 MW of solar capacity.

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Infrastructure Urban

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..

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Infrastructure Energy

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..

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Infrastructure Urban

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..

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