India’s Warehousing Sector Grows 15% in Q1 2025
WAREHOUSING & LOGISTICS

India’s Warehousing Sector Grows 15% in Q1 2025

Evren, Brookfield’s India-based renewables platform, has signed a 300 MW power purchase agreement (PPA) with state-run NTPC for firm and dispatchable renewable energy supply.

The project will involve setting up nearly 1 GW of hybrid capacity—combining solar, wind, and battery energy storage—to deliver reliable green power during peak hours, helping discoms meet both energy demand and regulatory obligations for renewables and storage.

Designed to supply 300 MW of firm renewable energy, the integrated setup will offer greater dispatch efficiency during high-demand periods, a key requirement as India ramps up its renewable mix.

“The FDRE tender is a significant milestone for us,” said Suman Kumar, CEO of Evren. “We’re investing proactively in quality resources, including land banks and interconnect approvals, to enable large-scale decarbonisation.”

Evren was launched by Brookfield in partnership with Axis Energy. The platform has a portfolio of over 11 GW, with 7 GW of mid- and late-stage wind and solar projects spread across India.

Evren, Brookfield’s India-based renewables platform, has signed a 300 MW power purchase agreement (PPA) with state-run NTPC for firm and dispatchable renewable energy supply. The project will involve setting up nearly 1 GW of hybrid capacity—combining solar, wind, and battery energy storage—to deliver reliable green power during peak hours, helping discoms meet both energy demand and regulatory obligations for renewables and storage. Designed to supply 300 MW of firm renewable energy, the integrated setup will offer greater dispatch efficiency during high-demand periods, a key requirement as India ramps up its renewable mix. “The FDRE tender is a significant milestone for us,” said Suman Kumar, CEO of Evren. “We’re investing proactively in quality resources, including land banks and interconnect approvals, to enable large-scale decarbonisation.” Evren was launched by Brookfield in partnership with Axis Energy. The platform has a portfolio of over 11 GW, with 7 GW of mid- and late-stage wind and solar projects spread across India.

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VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

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Concord Associate Bags Rs 2.79 Bn Kavach Order

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