Avaada Electro, the solar manufacturing arm of Avaada Group, has filed its Updated Draft Red Herring Prospectus (UDRHP) with SEBI for a proposed ₹7,600-crore IPO. The IPO will comprise a fresh issue of up to ₹1,600 crore and an Offer for Sale (OFS) of up to ₹6,000 crore by promoter Avaada Ventures. Of the fresh…
The Ministry of New and Renewable Energy (MNRE) has directed all wind turbine manufacturers listed under the Approved List of Models and Manufacturers (ALMM-Wind) to submit their cybersecurity compliance status, along with supporting documentary evidence, by August 31, 2026. The directive follows the July 31, 2025 amendment to the ALMM-Wind procedure, which introduced stricter cybersecurity…
Suzlon Group has broken ground on 1,325 MW of new wind energy projects in Ananthapuramu, Andhra Pradesh, marking another major step in its long-standing partnership with the state. The projects are backed by an investment of approximately ₹10,500 crore and are expected to create around 1,600 direct and indirect jobs. The development will further strengthen…
Advait Energy Transitions Limited has secured a ₹134.62 crore turnkey contract from Madhya Pradesh Power Transmission Company Limited (MPPTCL) for the design, manufacturing and supply of Emergency Restoration Systems (ERS) for extra-high-voltage transmission lines. Under the order, Advait will supply complete ERS solutions along with the required accessories for 400 kV, 220 kV and 132…
