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KP Green Engineering's net profit more than doubled to Rs 58 crore in first half of the fiscal ended September 2025 compared to a year ago, mainly on the back of higher revenues. "Profit After tax (PAT) growth of 112 per cent at Rs 58 crore during H1 FY26, as compared to Rs 27 crore in the corresponding period H1 FY25," company stated in a regulatory filing. Consolidated total income in the first half of FY26 surged by 101 per cent to Rs 536 crore as compared to Rs 266 crore recorded in the year-ago period. Earnings Per share (EPS) touched Rs 11.66 in the reporting period, up 112 per cent against Rs 5.50 per share in H1 FY25. The company's debt-to-equity ratio stood at 0.09 times in H1FY26, indicating a lowered long-term leverage, enhancing its capability to leverage in future for business growth, it stated. Net worth has strengthened further to Rs 382 crore in H1FY26 from Rs 279 crore a year ago, the company stated. The borad also approved and declared an interim dividend at 5 p
Power electronics chip company SiCSem performed ground breaking ceremony here on Saturday for setting up the country's first end-to-end silicon carbide semiconductor production plant entailing investment of about Rs 2,000 crore. The integrated facility, expected to be operational by 2027-28, will have a capacity of processing 60,000 SiC wafers annually and packaging about 9.6 crore units. "?Our dream of bringing advanced technology to Odisha is coming true today, and our special focus is on enabling a seamless integration of industry and academia. "In this regard, we are partnering with IIT Bhubaneswar for a semiconductor research lab. I recently had the honour of approving Rs 4.95 crore from the MPLAD for establishing the NaMo Semiconductor Lab," Union IT and Electronics Minister Ashwini Vaishnaw said on the occasion through a video message. Silicon carbide chips are used for handling high voltage application in products like renewable energy, electric vehicle, power inverters, ..
Power consumption in the country fell by 6 per cent to 132 billion units in October from 140.47 BUs in same month last year, mainly on account of less use of cooling appliances. The October month also saw rains in various parts of the country. The decline in power consumption was attributed to unseasonal rainfall during the month in some parts of the country coupled with onset of winter season, which kept temperatures in check, experts said. The peak power demand met during October was at 210.71 GW, lower from 219.22 GW recorded in October 2024. The peak power demand had touched an all-time high of about 250 GW in May 2024. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. However, this summer (April onwards), the record peak power demand was 242.77 GW in June. Experts said the power demand and consumption are likely to be subdued in November as well due to moderation in temperature levels, which would reduce use of cooling appliances.
State-owned NTPC Ltd on Sunday said it began the commercial operation of a 38-MW solar power capacity of its step-down subsidiary in Gujarat. The new unit is part of the 300-MW Khavda Solar Energy Project of NTPC Renewable Energy Limited, a step-down subsidiary of NTPC through its subsidiary NTPC Green Energy Limited, the public sector power generator said in an exchange filing. The first part capacity of 142.2 MW, second part capacity of 32.8 MW and third part capacity of 49.125 MW have already been declared commercially operational with effect from June 28, June 30, and August 22 this year, respectively, NTPC said. "...the fourth part capacity of 37.95 MW out of 300 MW Khavda Solar Energy Project under 450 MW Hybrid Tranche V Project in Gujarat of NTPC Renewable Energy Limited, a stepdown subsidiary of NTPC Limited through its subsidiary NTPC Green Energy Limited", has been declared commercially operational on October 19, the filing said. A total capacity of 262.07 MW has been ..
Power consumption in the country grew 3.21 per cent to 145.91 billion units (BUs) in September as widespread rainfall kept temperatures in check in most parts of the country. The peak power demand met during the month was 229.15 GW, which was significantly shorter than government projections. Power consumption was recorded at 141.36 BUs in September 2024, according to official data. The tepid increase in power consumption was attributed to widespread rainfall during the month in most parts of the country, which kept temperatures in check, experts said. Various government sources had said the country will see the peak demand of 277 GW level by September. However, the highest supply in a day (peak power demand met) in September remained at 229.15 GW, marginally down from 230.60 GW in September 2024. Speaking to PTI in August, Ghanshyam Prasad, the Chairperson of Central Electricity Authority (CEA), said the peak power demand is unlikely to touch the projected 277 GW this summer as