amara-raja

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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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