Psp Projects

PSP Projects soars 16%, stock hits new high on heavy volumes

Till 01:24 PM; a combined 4.65 million equity shares representing 11.73 per cent of total equity of PSP Projects changed hands on the NSE and BSE.

PSP Projects tanks 17%, hits over 2-month low on heavy volumes; here's why

In Q1, PSP Projects reported weak earnings due to a decline in revenue given the labour shortages and delays in project execution

NTPC working on 20 GW PSPs; aims to commission 5 GW by FY32: Official

NTPC Group is working on pumped storage projects totalling 20 GW capacity at multiple sites across the country, a senior company official has said. The company plans to commission 3-5 GW of such projects by 2031-32 fiscal. "...NTPC Group is working on pipeline of pumped storage projects to the tune of 20 GW in NTPC and its hydro subsidiaries," the official said. THDC India, a subsidiary of NTPC, has constructed a 1,000 MW (250 MW X 4 units) PSP project at Tehri in Uttarakhand. The first unit began commercial supply of electricity earlier this month. "We will see our first 1,000 MW PSP commissioned through Tehri PSP in FY26, with 3-5 GW more by FY32," he said. PSP assets offer over 40 years of operational life and regulated returns. As critical infrastructure for India's renewable transition, they add long-term stability to our energy portfolio, ensuring sustainable growth while advancing energy security and climate goals, the official said. Further, he said, "We have completed ..

Adani Infra to acquire key stake in PSP Projects, CCI approval pending

Adani Infra seeks CCI clearance to acquire a significant stake in PSP Projects in a Rs 685.36 crore deal, aiming to enhance construction sector synergies

Adani Infra to acquire 30% stake in PSP Projects for Rs 685 crore

Adani Infra, owned by a unit of Indian billionaire Gautam Adani's flagship Adani Enterprises, will purchase the shares from Prahladbhai S Patel, who leads PSP Projects and is its top shareholder

PSP Projects share rises over 5% on securing order worth Rs 270 crore

The uptick in PSP Projects share price came after the company announced that it has bagged an order worth Rs 270 crore from domestic entities.

PSP Projects shares climb up 5% on receiving orders worth Rs 555 cr

Shares of PSP Projects, a civil construction firm jumped 5.10 per cent at Rs 708.90 per share on the BSE in Monday's intraday trade

PSP Projects slips 4% after Q4 profit plunges 66%; check details here

PSP Projects stock fell as much as 4.27 per cent to hit an intraday low of Rs 656.20 per share

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PayU's PSP revenue up at $211 mn in H1FY24 on growth in existing merchants

The company added that India was one of its largest markets in the PSP business, contributing a share of around 48 per cent of its revenues

Execution of market reforms key to improve financial viability of PSP: Icra

Timely implementation of market reforms is important to improve the financial viability of pumped storage hydro project (PSP) in the country, an Icra report said on Tuesday. The levellised tariff for pumped storage hydro projects in the base case, assuming a capital cost of Rs 6.5 crore per MW, is estimated at about Rs 5 per unit, and the landed tariff, including the cost of energy required for pumping, is estimated at Rs 9 per unit, said a statement in the Icra report. It explained that while the tariff competitiveness of the storage component for PSPs is modest, the PSPs benefit from a long economic life of 40 years with a very mature and indigenous technology available. PSPs are also estimated to remain cost competitive against the storage cost associated with battery energy storage. "Nonetheless, the timely implementation of market reform measures as highlighted in the guidelines remains important to improve the financial viability of PSPs," stated Girishkumar Kadam, Senior Vic

Greenko Group to set up Pumped Storage Project in MP's Neemuch

The Greenko Group, one of India's leading energy transition companies, will invest Rs 10,000 crores in a Pumped Storage Project (PSP) near Gandhi Sagar in Madhya Pradesh's Neemuch district

PSP Projects hits record high as it emerges L1 bidder for a govt project

In the past one month, PSP Projects outperformed the market as shares surged 18 per cent, as against 3 per cent decline in the S&P BSE Sensex.

PSP Projects soars 9% to hit record high on strong revenue visibility

So far in the financial year 2022-23 (FY23), PSP received total orders worth of Rs 1,833.09 crore

Breakout from 17,500-18,100 zone to give direction to Nifty: Vinay Rajani

Among individual stocks, the technical analyst from HDFC Securities recommends to buy Cochin Shipyard and PSP Projects.

Vinay Rajani recommends buying Tata Coffee, PSP Projects; check why

The technical analyst from HDFC Securities says that support for the Nifty has risen to 17,777, and the index on the upside can rally to 18,350 - 18,600.

PSP Projects surges 6% as company bags new orders worth Rs 247 cr

With receipt of the current order, the total order inflow for the financial year 2022-23 till date amounts to Rs 1,344.24 crore, the civil construction company said in an exchange filing.

PSP Projects rallies 11%, nears record high on strong order book position

In the past 11 trading days, the stock price of PSP Projects has zoomed 31 per cent after promoters bought shares from the open market.

PSP Projects soars 9% on winning new projects worth Rs 422 crore

With the receipt of the above, the new LOIs/ WOs received during the financial year 2021-22 till date amounts to Rs 637.23 crore (excluding GST), the company said in a filing to the exchange.

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The recovery officer of Debt Recovery Tribunal (DRT) on Tuesday offloaded shares worth Rs 50 lakh of McDowell Holdings Ltd through an open market transaction