Tata Power Results In Line With Expectations, Q4 Profits Up 18% Updated On Wed, May 8th, 2024 by Saurenergy Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24 Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […] Read more
Green Stocks- High Fliers Hit A Wall, While Others Seek To Recover Losses on May 8 Updated On Wed, May 8th, 2024 by Saurenergy Our Green Energy stock pack endured a tough day at the markets, as some of the biggest high fliers, notably Waaree Renewable Technologies, KPI Green and Shakti Pumps hit the lower circuit today. Jining them was JSW energy, that was down over 4% after its Q4 results. The outlier was Sterling and Wison Renewable Energy, […] Read more
Green Stocks On April 30- Heavyweights Rule Updated On Tue, Apr 30th, 2024 by Saurenergy On a day when the overall market are flirting with all time highs, it was the turn of the green energy heavyweights, from Adani Green, to NTPC, to Tata Power and JSW Energy to flex their strength as they all moved up. However, other than Adani Green, the rest probably moved up on expectations of […] Read more
Green Stocks-Shakti Pumps Pauses, Waaree Continues To Move Updated On Wed, Apr 24th, 2024 by Saurenergy After the astounding move yesterday, when all the green energy pack stocks moved up, it was a day to consolidate today, with Shakti Pumps taking a pause. Inox Wind continued to fly however, on new order announcements, joining Waaree and KP Green on the upper circuit. The biggest drop was seen in JSW Energy. Mid […] Read more
Tata Power Delhi Distribution Ltd. Appoints Gajanan S. Kale As New CEO Updated On Mon, Apr 22nd, 2024 by Saurenergy Tata Power Delhi Distribution Limited (Tata Power-DDL), a leading power utility supplying electricity to a populace of 7 million in North Delhi, today announced the appointment of Gajanan Sampatrao Kale as the company’s new Chief Executive Officer (CEO), with effect from 19th April 2024. Kale joins after his predecessor, Ganesh Srinivasan moved to KEC International […] Read more
Tata Power Stock Powers On In Renewable Pack On April 9 Updated On Tue, Apr 9th, 2024 by Saurenergy On a day when the markets corrected mildly, the renewable pack reflected markets sentiments, albeit with much more volatility. Heavyweight Tata Power was the standout, moving 3.39% during the day to Rs 430.40. Solar Pump leader Shakti Pumps, fresh from a successful QIP, was back in the green, moving up 2.3% to Rs 1474. All […] Read more
TPREL Delivers 200 MW Solar Project In Bikaner To Power Trading Arm Updated On Mon, Apr 1st, 2024 by Saurenergy TP Saurya Limited (TPSL), a subsidiary of Tata Power Renewable Energy Limited, has confirmed the successful commissioning of a 200MW solar project located in Bikaner, Rajasthan, for Tata Power Trading Company Limited (TPTCL). The 25 year PPA for the project had been signed in May 2023, with a targeted delivery date of March 2024. Expected […] Read more
Tata Power Energises Charging Points On Several Routes In Ayodhya Updated On Tue, Mar 26th, 2024 by Saurenergy Tata Power and Ayodhya Development Authority (ADA) have started installing EV Charging points in and around the city of Ayodhya in Uttar Pradesh. “This strategic partnership aims to accelerate the adoption of electric vehicles and promote sustainable transportation solutions,” said Tata Power in a media release. Four electric vehicles were also flagged off destined for […] Read more
Latest ALMM Update: India’s Enlisted Solar Module Capacity Up By 3.5GW Updated On Sat, Mar 23rd, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now published its revised list of ALMM (Approved List of Models and Manufacturers of Solar PV Modules). The latest list shows 83 local solar module manufacturing entities/plants in the country. The revised list portrays additional new capacities of 3,501 MW. The increase in the capacities is […] Read more