Adani Green Hydrogen Plant Operational in India | Market Update June 24, 2025
Key Ideas
- Adani Green successfully launches India's first 5 MW green hydrogen pilot plant in Gujarat, showing commitment to innovation and sustainability.
- Bharat Electronics secures new orders worth Rs 5.8 billion, aligning with India's self-reliance goal in electronics and defence technology.
- Zen Technologies enters the drone segment through acquisitions, expanding its business beyond defence training and anti-drone solutions.
- NBCC wins a project management consultancy contract worth Rs 2.9 billion from Meerut Development Authority, boosting its revenue and net profit growth.
Indian equity markets faced a downward trend due to global geopolitical tensions, with the BSE Sensex closing 511 points lower and the NSE Nifty down by 140 points. Amidst this, Adani Green's hydrogen project marked a positive development by launching India's first off-grid 5 MW green hydrogen pilot plant in Kutch, Gujarat. The plant, using renewable energy like solar power, signifies a leap towards India's National Green Hydrogen Mission. Bharat Electronics received new orders worth Rs 5.8 billion, focusing on domestic electronics and semiconductor solutions in alignment with the country's self-reliance objective. Zen Technologies ventured into the drone segment via strategic acquisitions, expanding its business scope. Additionally, NBCC secured a significant project management contract worth Rs 2.9 billion from Meerut Development Authority, contributing to its revenue growth. Poonawalla Fincorp also made headlines by raising funds through NCDs, reflecting investor confidence in the company's financial stability and growth prospects.
Topics
India
Renewable Energy
Infrastructure
Technology
Stock Market
Investment
Energy Transition
Green Energy
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