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WAAREE RENEWABLE: WINS EPC ORDER FOR 291 MWp SOLAR PROJECT + 280 MWh BESS

• Received Letter of Award from an Indian thermal power generating company

• Scope: EPC of 291 MWp ground-mounted Solar PV project with 280 MWh BESS

• Order Type: Commercial Order

• Execution: Scheduled for completion in FY 2027-28

• Promoter/Group Interest: None

ACME SOLAR: WINS 300 MW ASSURED PEAK POWER PROJECT FROM SECI

• Received Letter of Award from Solar Energy Corporation of India (SECI)

• Project Size: 300 MW

• Tariff: ₹6.00 per kWh for entire PPA tenure

• Supply Commencement: 18 months from PPA signing

• Project Tenure: 25 years from commencement of supply

GK ENERGY: WINS ₹454.50 CR ROOFTOP SOLAR EMPANELMENT

• Empanelled by a leading state government-owned power distribution utility

• Scope: 100 MW rooftop solar installations across 1 lakh households

• Empanelment Value: ₹454.50 Cr including GST

• Scope includes design, supply, installation, testing, commissioning & 5-year O&M

• Execution: Within 60 days from respective work orders

• Total allocations received since April 1, 2026: Over ₹1,092 Cr including GST

ANDREW YULE: CREDIT RATINGS REAFFIRMED BY ACUITE

• Long-term rating: ACUITÉ B reaffirmed for bank facilities of ₹126.64 Cr

• Short-term rating: ACUITÉ A4 reaffirmed for bank facilities of ₹28.36 Cr

• Outlook: Stable

• Q1FY27 operating revenue improved to ₹58.30 Cr vs ₹56.14 Cr in Q1FY26

• Rating remains constrained by higher operating losses, declining net worth and weak debt protection

POWER, COAL STOCK 🔴

45 INDIAN POWER PLANTS FACE CRITICALLY LOW COAL INVENTORIES

• 45 power plants now have coal stocks below critical levels, up from 31 at end-July

• 40 of the affected plants are domestic coal-fired plants

• Heavy rainfall in Odisha, Jharkhand and Chhattisgarh has disrupted mining and coal transportation

• Higher power demand is also accelerating coal consumption

• Coal inventories have fallen around 19% from end-July levels through August

• Some plants have less than 3 days of coal stock

ESDS IPO opens today!

Management commentary

• Promoter says he has no intention of selling his stake, even in the future

• FY28 PAT could potentially be higher than FY26 revenues

India plans to acquire the US-made Javelin anti-tank missile system, a move described by US Ambassador to India Sergio Gor as a significant step forward in defence cooperation between the two countries.

Truth isn't being told properly, says Essel Group founder Subhash Chandra.