KPI Green Energy, a leading player in the renewable energy sector, has recently made a significant move by signing a 50MW hybrid power purchase deal with Gujarat Urja Vikas Nigam. This deal marks a major milestone for the company as it continues to expand its presence in the renewable energy market.
In another exciting development, Diamond Power has secured an order worth 409 Cr Rupees from Adani Green, further solidifying its position in the industry. This order is a testament to the company’s expertise and capabilities in delivering high-quality solutions in the renewable energy space.
Meanwhile, Torrent Power has entered into a pact with ARSS teeks and Torrent Urja 14 for setting up 50 MWp solar projects in Tamil Nadu. This collaboration is expected to drive growth and innovation in the solar energy sector, showcasing the company’s commitment to sustainability.
Waaree Renewable has also made headlines by securing a 412.5 MW solar project in Rajasthan, highlighting its strong foothold in the renewable energy market. This project is set to contribute significantly to the state’s renewable energy goals and further establish Waaree Renewable as a key player in the industry.
On the other hand, Mahanagar Gas has announced a hike in CNG price by ₹1.50/kg and domestic PNG by ₹1/SCM in and around Mumbai, effective July 9. This move reflects the company’s efforts to align with market dynamics and ensure sustainable operations.
In the financial sector, Bajaj Finserve’s Bajaj Allianz life insurance co has reported a significant increase in new business premium, showcasing strong growth momentum in the insurance segment. This achievement underscores the company’s commitment to providing reliable insurance solutions to its customers.
Overall, these developments in the renewable energy and financial sectors highlight the industry’s resilience and potential for growth in the coming years. Companies like KPI Green Energy, Diamond Power, Torrent Power, Waaree Renewable, and Bajaj Finserve are leading the way in driving innovation and sustainability in their respective sectors.