SUBSCRIBE NEWS LETTER

fy24

PGCIL Approves Rs. 655.75 Cr. Investment For Two Transmission Projects

Power Grid Corporation of India Limited (PGCIL) recently announced the approval of two investment projects worth Rs. 655.75 crores by its board of directors. The project included the implementation of unified load dispatch and communication (ULDC) phase III (SCADA/EMS upgradation project –northern region SLDCs) at an estimated cost of Rs 514.66 crore. The committee of […]

Read more

KPI Green Bags 1.5 MW Solar Power Project From Pruthvi Textile

KPI Green Energy, a Gujarat-based solar and hybrid power generating company, recently announced receiving a new order for a 1.5 MW solar power project from Pruthvi Textile. KPIG Energia Private Limited is a wholly-owned subsidiary of the company under the ‘Captive Power Producer (CPP)’ segment of the company. The domestic entity has awarded the project […]

Read more

Waaree Renewable Technologies Expects A Likely Rise Of Orders From PSUs

Waaree Group’s EPC arm, Waaree Renewable Technologies Limited, is now anticipating a rise in opportunities for solar developers in India in the coming days. This is likely to see a transition of the order books of the developers, the top management opined in a recent investors call.  Dilip Panjwani, Chief Financial Officer (CFO) of Waaree […]

Read more

UK’s Dogger Bank Offshore Wind Project To Be Delayed Until 2025

United Kingdom-based renewable energy company SSE Renewables has announced that a shortage of vessels, challenging weather conditions, and supply chain issues will lead to delays in the operation of the first phase of the Dogger Bank offshore wind project – Dogger Bank A. According to the company, the project will not begin functioning until 2025. […]

Read more

Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore

Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […]

Read more

Inox Wind Q3 Results-Firm Turns PAT Positive

Inox Wind Limited (IWL), one of India’s leading wind energy solutions provider, today announced its financial results for the third quarter of Fiscal Year 2024 (FY24). Continuing its turnaround journey, Inox Wind turned PAT positive in Q3 FY24, reflecting the successful implementation and outcome of its recent strategic measures as well as operational improvements. Notably, […]

Read more

Nextracker Continues Strong Show, Q3 EBITDA Up 168% YoY

US based solar tracker firm Nextracker, in its first earnings announcement since turning a completely independent firm has delivered a stellar set of results. Nextracker’s adjusted earnings before inflation, taxes, depreciation and amortisation (EBITDA) in Q3 FY24 reached US$168 million, more than doubling over the EBITDA in the last 12 months with a 168% year-on-year […]

Read more

Suzlon Q3 Results: Net Profits, EBITDA See A Hike On YoY Basis

Indian Wind Turbine manufacturer Suzlon announced its financial results for Q3 for FY24. The Pune-based firm reported a 160 percent rise in its net profit in Q3 on a Year-on-Year (YoY) basis.  In its filing before the Bombay Stock Exchange (BSE), the publicly listed company reported that its net Profit After Tax (PAT) reached Rs […]

Read more

Adani Green Delivers Stellar Q3 Results-Profit Up 148% on 40% Turnover Jump

Adani Green Energy Limited has announced its financial results for Q3 and nine months ending December 31, 2023. The firm, which is the green energy project developer from the Adani Group, saw consolidated net profit improve by 148.54% to Rs 256 crore in Q3FY23 as compared to Rs 103 crore reported in the same period […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll