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CG Power and Industrial Solutions Faces ₹365 Crore Tax Demand; Renewable Energy Sector Sees Project Milestones

Energy

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Published on 20th November 2025, 1:46 AM

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Author

Akshat Lakshkar | Whalesbook News Team

Overview

CG Power and Industrial Solutions is facing a significant tax demand of ₹365.37 crore for the assessment year 2018-19. In parallel, India's renewable energy sector shows robust growth with Servotech Renewable Power System securing a ₹73.70 crore solar project, ACME Eco Clean Energy commissioning a wind power phase, and Singareni Collieries Company partnering with NTPC Green Energy for future projects. Godawari New Energy also raised funds for a battery storage system, indicating continued investment in green technologies.