amara-raja

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Amara Raja Energy & Mobility’s Revenue Rises 13% in Q1 FY 2025

Battery manufacturer Amara Raja Energy & Mobility has announced a profit before tax of ₹3.29 billion (~$39.1 million) for the first quarter of the financial year FY...

August 5, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Amara Raja’s Q4 Revenue Climbs 15% on Higher Sales

Battery manufacturer Amara Raja Energy & Mobility reported a 15% year-over-year increase in revenue to ₹27.96 billion (~$338 million) for the fourth quarter (Q4) of...

May 29, 2024

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Arshreet Singh

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Energy Storage
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Seven Companies in Race for 10 GWh Advanced Chemistry Cells Capacity Under PLI

The Ministry of Heavy Industries’ (MHI) tender to select manufacturers for Advanced Chemistry Cells (ACC) under the Production Linked Incentive (PLI) program has...

April 23, 2024

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Amara Raja Wins BoS Contract for 500 MW Solar Project from Greenko

Amara Raja Infra (ARIPL), a subsidiary of battery maker Amara Raja Group, has secured the balance of system (BoS) supply contract for a 500 MW solar power project in...

April 22, 2024

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Arshreet Singh

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Budget 2024 Highlights

Union Finance Minister Nirmala Sitharaman unveiled key measures during the presentation of the 2024 interim budget, signaling a significant push towards sustainable...

February 2, 2024

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Mercom Staff

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Daily Wrap-up
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Sales Volume Growth Drives Amara Raja’s Q3 Profits Up 15%

Amara Raja Energy & Mobility recorded a net profit of ₹2.55 billion (~$30.7 million) during the third quarter (Q3) of the financial year (FY) 2024, a year-over-year...

February 1, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: NHPC’s Tender for 1.5 GW of Wind-Solar Hybrid Project

NHPC has invited bids to set up 1,500 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects anywhere in India. The last day to submit...

November 6, 2023

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Mercom Staff

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Daily Wrap-up
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Amara Raja’s Q2 FY24 Profit Up 12.5% YoY as Sales Volume Grows

Amara Raja Energy & Mobility recorded a profit of ₹2.26 billion (~$27.1 million) during the second quarter (Q2) of the financial year (FY) 2024, a year-over-year...

November 3, 2023

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Gautamee Hazarika

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Energy Storage

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Markets & Policy
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Daily News-Wrap Up: Kerala Plans to Introduce Green Tariff of ₹2.543/kWh

The Kerala State Electricity Board (KSEB) has proposed introducing a green energy tariff of ₹2.543/kWh (~$0.034/kWh) for consumers who wish to switch to green energy....

May 9, 2023

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Mercom Staff

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Daily Wrap-up
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Amara Raja Breaks Ground on Lithium Cell & Battery Facility in Telangana

Battery maker Amara Raja has broken ground on Telangana’s first gigafactory for lithium cell and battery pack manufacturing in the Mahbubnagar district. The...

May 8, 2023

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Gautamee Hazarika

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Energy Storage

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Finance and M&A
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Battery Maker Amara Raja’s Q3 Net Profit Rises 52% YoY on Robust Demand

Amara Raja Batteries recorded a net profit of ₹2.21 billion (~$27.09 million) in the third quarter (Q3) of the financial year (FY) 2022-23, a 52% YoY increase from ₹1.45...

January 30, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Amara Raja Advance Cell Company to Manufacture Lithium-Ion Batteries

Amara Raja Batteries recorded a consolidated net profit of ₹2.02 billion (~$24.54 million) in the second quarter (Q2) of the financial year (FY) 2023, a jump of 40%...

November 7, 2022

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Arjun Joshi

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Other

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Renewable Energy
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L&T, Amara Raja, and Jakson Winners in NTPC’s 735 MW BoS Package Auction

Larsen & Toubro, Amara Raja Group, and Jakson Group were declared winders in NTPC‘s auction for a balance of systems (BoS) package for the 735 (3*245) MW Nokh...

January 31, 2022

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Harsh Shukla

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Solar

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Tenders & Auctions
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Amara Raja Launches Electric Vehicle Charging Stations in Andhra Pradesh’s Tirupati

Amara Raja, a manufacturer in the Indian battery storage industry space, has launched electric vehicle (EV) charging stations and battery swapping stations in...

August 28, 2019

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Ramya Ranganath

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Electric Vehicles

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Grid
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Karnataka’s Pavagada Solar Park Stands Tall Despite Delays and Hiccups

Following delays attributed to natural and man-made causes, officials now hope to have most of the capacity online this month In Karnataka’s Tumkur district stands an...

January 3, 2018

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Saumy Prateek

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Mercom Research Focus

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Other

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