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State-owned Ireda has posted a marginal rise in its standalone net profit to Rs 554 crore for the September quarter, the company said on Monday. It earned a net profit of Rs 549 crore in the second quarter of the preceding financial year, the Indian Renewable Energy Development Agency (Ireda) said in a statement. In July-September, the company's revenue from operations rose 14 per cent to Rs 2,345 crore from Rs 2,057 crore a year ago. Loan disbursement increased 31 per cent to Rs 10,579 crore against Rs 8,062 crore in the year-ago quarter. Loan book grew 15 per cent to Rs 97,411 crore from Rs 84,477 crore in Q2 FY26. The company's net worth grew 11 per cent to Rs 14,337 crore during the quarter compared to Rs 12,920 crore a year earlier. "Our Q2 FY27 performance reflects the continued strength of Ireda's business fundamentals and focus on quality growth. 31 per cent rise in loan disbursements, along with 15 per cent growth in the loan book, underscores the sustained demand for ..
Tata Power Renewable Energy on Monday said the company added 419 megawatt of utility-scale energy generation capacity during July-September 2026, more than double the 182 MW commissioned in the year-ago period. A utility-scale project refers to the installation of a large energy infrastructure designed to generate electricity. Tata Power Renewable Energy Limited (TPREL) also executed 131.2 MWhr (megawatt hour) of storage projects during the second quarter of FY27, the company said in a statement. During the first half of FY27, the company commissioned several key projects, including the 100.8-MW Jewali Wind Project, the Kalasar FDRE Project comprising 227.5 MW of solar capacity and a 101.2-MWhr Battery Energy Storage System (BESS), the 100 MW Kayathar Group Captive Project, and the 72.5-MW Tata Steel Captive Project. With these additions, the company's utility-scale operational portfolio has grown to 7.2 GW, comprising 5.8 GW of solar, 1.3 GW of wind, and 281.2 MWhr of Battery Stor