Power transmission infrastructure developer and solutions provider Sterlite Power Transmission on Friday said it has decided to demerge electricity transmission infrastructure business spread across India and Brazil. The demerged Sterlite Power Transmission Ltd (SPTL) entity will continue to hold the global products and specialised EPC (engineering, procurement and construction) services business as well as the […]
Category: Power
Power
Maha Pollution Control Board asks Tata Power to halve particulate matter emissions at plant
Tata Power on Friday said the Maharashtra Pollution Control Board (MPCB) has requested it to halve the particulate matter emissions from its generating unit here to help curb pollution. “MPCB has asked Tata Power to explore the feasibility of reducing the particulate matter from the stack from the present permissible 100 Mg/Nm3 to a more […]
The solar revolution takes off: Space Solar Farms could bring clean energy to earth, say UK Scientists
Scientists have been on an unwavering quest for innovative clean energy solutions, and their dedication has yielded a remarkable breakthrough: the utilization of solar panels in outer space. This pioneering approach carries the potential to revolutionize our access to sustainable energy, marking a pivotal moment in meeting our planet’s energy demands.
Adani Power shares rise 2.57% as Nifty gains
Shares of Adani Power Ltd. traded 2.57 per cent up at Rs 382.35 on Friday at around 10:05AM (IST), while the benchmark BSE Sensex advanced 434.82 points to 64515.72. As many as 447,283 shares changed hands on the counter with a total value of Rs 17.21 crore.
Stock market update: Power stocks up as market rises
NEW DELHI: Power stocks were trading higher on Friday at 10:29AM Transformers and Rectifiers(India)(up 10.46%), Voltamp Transformers(up 6.67%), KPI Green Energy(up 5.04%), Suzlon Energy(up 4.90%), Orient Green Power Company(up 4.84%), Jyoti Structures(up 4.66%), Torrent Power(up 4.33%), Adani Power(up 2.98%), DPSC(up 2.80%) and RTNPOWER(up 2.16%) were among the top gainers.
Adani Power Q2 Results: Profit soars over 800% YoY to Rs 6,594 crore; revenue jumps 84%
Adani Power Ltd on Thursday posted 848% growth in its net profit at Rs 6,594 crore for the quarter ended September 2023. The same stood at Rs 696 crore in the year-ago period. Revenue from operations jumped 84% to Rs 12,991 crore in the reporting quarter against Rs 7,044 crore in the corresponding quarter of […]
Adani Enterprises Q2 Results: Cons profit plunges 51% YoY to Rs 228 crore, revenue down 41%
MUMBAI – Adani Enterprises Ltd reported a sharp 51% year-on-year (YoY) drop in consolidated net profit for the quarter ended September 2023 to Rs 227.82 crore. Consolidated revenue declined by 41% on year to Rs 22517.30 crore. The sharp fall in net profit was despite a 2-fold rise in the other income to Rs 549 […]
Suzlon Energy Q2 Results: Profit rises 79% YoY to Rs 102 crore on better operating show
Leading wind player Suzlon Energy reported a 79% growth in its net profit for the quarter ended September 2023 to Rs 102 crore on improved operating performance. The same stood at Rs 57 crore in the September quarter of last year. Revenue from operations during the second quarter declined marginally to Rs 1,417 crore, against […]
Adani Power shares surge 7% on Q2 earnings, just 5% away from 52-week high
Shares of Adani Power jumped nearly 7% to the day’s high of Rs 390 on the NSE on Thursday after the company reported an 848% year-on-year (YoY) growth in its net profit for the September ended quarter at Rs 6,594 crore. The same stood at Rs 696 crore in the year-ago period. The price action […]
World’s top renewable firms reel even as installations surge
The biggest manufacturers of wind turbines and solar panels are facing their most serious financial challenges in years even as deployments of clean energy head for an annual record. About 500 gigawatts of renewable generation capacity will be added this year, according to the International Energy Agency, and at least $1 billion a day is […]
Are hybrid vehicles better than electric vehicles?
New Delhi: A hybrid vehicle gives the experience of ICE and the benefit of EV with the push of a button. For potential buyers who find EVs expensive and gas prices prohibitive, hybrids are alternatives that fit within the budget and give better fuel efficiency than ICE vehicles. Hybrid passenger vehicle sales continued to be […]
Tata Motor’s electric vehicle arm ties up with JLR for Avinya range
New Delhi, Tata Motors on Thursday said its electric vehicle arm has inked a licensing pact to source electrified architecture from Jaguar Land Rover for the development of ‘Avinya’ range of cars. Tata Passenger Electric Mobility Ltd (TPEM) and Jaguar Land Rover (JLR), both 100 per cent subsidiaries of the auto major, have entered into […]