Category: Power

Shares of Tata Power Company Ltd. traded 0.25 per cent up at Rs 458.85 at around 11:11AM (IST) on Friday. The stock had closed at Rs 457.7 in the previous session. Equity benchmark Sensex traded 275.34 points lower at 74335.77 around the same time.

Shares of the Adani Power Ltd. traded at Rs 604.3 on BSE at 11:47AM (IST) on Friday, down 0.6 per cent from previous close. The stock quoted a 52-week low price of Rs 214.0 and a high of Rs 647.0.

The Indian market recouped losses and closed in the green on Thursday. The S&P BSE Sensex rose over 100 points while the Nifty50 closed above 22,600 levels. Sectorally, the rally was seen in power and utilities indices, which were up over 1% each, followed by gains in auto and metal stocks. Some profit taking was […]

Bengaluru: Electric two-wheeler sales saw an about 50% month-on-month drop in overall sales in April as a seasonal slump was exacerbated by a shift in subsidies for the industry. Overall EV scooter sales stood at just over 64,000 in April, with market leader Ola Electric contributing about half of that with over 33,000 units.

US electric vehicle (EV) major Tesla Inc on Thursday moved the Delhi High Court alleging infringement of its trademark ‘Tesla’ by Gurugram-based Tesla Power India. While seeking to restrain Tesla Power from using its trademark, senior counsel Chander Lall, appearing for Tesla Inc, argued that the local firms’s use of the trademark in India was […]

New Delhi: Gujarat Toolroom on Thursday said it has acquired a 65-acre land parcel in Gujarat to set up a green energy project at an investment of Rs 572 crore. “Upon completion, the Hybrid Power Plant aims to contribute 97.5 megawatts of clean and sustainable electricity to the grid, the company said in an exchange […]

Vikram Solar on Thursday announced securing a 250 MW solar module supply order from Gujarat Industries Power Company Ltd (GIPCL). It has received a Letter of Intent (LoI) from GIPCL, Vikram Solar said in a statement. The modules will be supplied under the the government’s Approved List of Models and Manufacturers (ALMM), it added.

Adani Green Energy Ltd (AGEL) on Thursday said it has secured $400 million from a consortium of five international banks for its under construction solar projects of 750 MW in Gujarat and Rajasthan. These projects are expected to come online from November 2024 onwards, a company statement said. One of the projects is being developed […]

Adani Group’s green energy arm Adani Green Energy Ltd (AGEL), secured $400 million in financing for its under-construction 750 MW solar projects in Rajasthan and Gujarat by a consortium of five leading international banks, the company said on Thursday. The funding will provide financing for projects that are expected to come online from November 2024 […]

Adani Electricity Mumbai Ltd on Thursday signed an agreement to acquire 100 per cent stake in Pointleap Projects Pvt Ltd (PPPL) for a consideration of Rs 13.15 crore. Adani Electricity Mumbai Limited (AEML) is a subsidiary of Adani Energy Solutions Ltd (AESL). “AEML today executed Share Purchase Agreement (SPA) with Windson Projects LLP (WPLLP) for […]

The National Green Tribunal has sought a response from the authorities, including the administrative head of NTPC’s North Karanpura superthermal power plant in Jharkhand’s Chatra district, regarding the massive fire that engulfed a unit last month. The National Green Tribunal (NGT) was hearing a matter where it had taken suo motu cognisance of a PTI […]

India is poised to lead the transition towards a sustainable future with its abundance of renewable resources and a growing interest in e-mobility. Leveraging these resources, South India can play an important role in reducing carbon footprint, drive economic growth, and enhance energy security, renewable energy experts and industry players say. Collaborative efforts among policymakers, […]