BGR Energy Systems’ loss widened to Rs 691.38 crore in the December quarter compared to the year-ago period mainly due to higher expenses. The consolidated net loss of the company was Rs 59.22 crore in the quarter ended on December 31, 2022, a BSE filing showed. Total expenses rose to Rs 1,031.38 crore in the […]
Day: February 15, 2024
KPI Green Energy Q3 results: Net profit up 47% at Rs 50 cr, revenue doubles
KPI Green Energy Ltd on Wednesday posted a 47 per cent rise in consolidated net profit to Rs 50.60 crore in the December quarter, supported by higher income. It had clocked a net profit of Rs 34.45 crore in the year-ago period, the company said in an exchange filing. The company’s total revenue surged to […]
Airtel’s Nxtra to procure 140,208 MW renewable energy for data centres
Nxtra, the data centre unit of Bharti Airtel, on Wednesday announced an agreement with Ampln and Amplus Energy to procure an additional 140,208 MWh (megawatt-hour) of renewable energy. With this, Nxtra has fortified its existing commitment of reducing its carbon footprint through renewable energy sources annually by nearly 99,547 tCO2e (stands for ‘tonnes of carbon […]
GVK Power Q3 results: Net loss at Rs 77 crore, income more than halves
GVK Power and Infrastructure Ltd (GPIL) on Wednesday posted a consolidated net loss of Rs 77.39 crore during the third quarter ended December 2023, mainly due to lower income. It had clocked a net profit of Rs 3,402.47 crore in the October-December 2022 period, the company said in an exchange filing. The company’s total income […]
Adani Green Energy likely to raise $500 mn by tapping dollar bond market
Adani Green Energy is likely to raise $500 million by issuing dollar bonds in March, two officials aware of the plans said, making it the first Adani group company to return to the overseas bond market in a year. “The company is doing the groundwork and talking to investors to get a sense on pricing,” […]
Adani Green starts generating power at Khavda renewable power plant
Adani Green Energy Ltd (AGEL) on Wednesday announced that it has started generating power at its plant in Khavda, Gujarat. In a regulatory filing, the company said that it has operationalised the first 551 MW solar capacity at the plant and started supplying to the national grid. “AGEL plans to develop 30 GW renewable energy […]
BHEL bags order to set up 800 MW thermal power plant from Haryana
State-owned BHEL on Wednesday said it has bagged an order to set up an 800 MW ultra-supercritical thermal power plant at Yamunanagar in Haryana. The 800 MW Deenbandhu Chhotu Ram Thermal Power Plant (DCRTPP) will be Haryana’s first ultra-supercritical technology-based power project, Bharat Heavy Electricals Limited (BHEL) said in a statement. “Under International Competitive Bidding […]
IndiGo-BOC Aviation sign financing deal for 4 Airbus A320NEO aircraft
Singapore-headquartered BOC Aviation Ltd on Wednesday said it has entered into a finance lease transaction with InterGlobe Aviation Ltd (IndiGo). The deal has been signed for four Airbus A320NEO aircraft. “We are pleased to be closing another four finance leases with IndiGo,” said Steven Townend, Chief Executive Officer and Managing Director, BOC Aviation. “We continue […]