Ravindra Energy updates on 486.3 MW renewable portfolio & EV business
Ravindra Energy Ltd (REL) provided a comprehensive business update on its Renewable Energy and Electric Vehicle (EV) segments. The company's total renewable energy generation portfolio now stands at 486.3 MWp, comprising 228.9 MWp in operating projects, 31.2 MWp under construction, and 227.3 MWp under development with a target Commercial Operation Date (CoD) in FY27. For the quarter ended March 2026, total renewable energy generation was 78.3 million kWh, a substantial increase from 16.0 million kWh in the same period last year. Year-to-date generation for March 2026 reached 194.1 million kWh, up from 53.8 million kWh in March 2025. The update also noted the submission of quarterly/year-to-date financial results for the period ended March 31, 2026.
Key Highlights
- Total renewable energy portfolio reached 486.3 MWp across all stages.
- Operating renewable capacity stands at 228.9 MWp as of March 2026.
- Quarterly generation surged to 78.3 million kWh, up 194.1% YoY.
- Year-end generation increased to 194.1 million kWh, reflecting strong growth.
- Significant capacity additions planned with 227.3 MWp under development for FY27.