Q4 FY25 company results today: Muthoot Finance, Torrent Power, and Hitachi Energy will be among 126 companies to post earnings reports for the January-March quarter
In 2024, solar power spearheaded this growth with addition of 24.54 GW, registering 33.47 per cent year-on-year (Y-o-Y) rise in its cumulative installed capacity to 97.86 GW in 2024
One contract being scrutinised over price concerns is a 2017 deal to buy electricity for 25 years from Adani's $2-billion, 1,600-MW power plant in India's eastern state of Jharkhand that exclusively s
Battle for high-value customers heats up amid increased EV penetration
Among its peers, ReNew is closest with 8.3 GW, followed by Tata Power and Greenko Energies with close to 4 GW capacity each. State-owned NTPC has a 3.2 GW green energy capacity
So far this year, NTPC has soared 36 per cent, Torrent Power zoomed 39 per cent and Power Grid Corporation of India advanced 21 per cent. Overall trend in these power stocks continues to remain sturdy
Adani Green Energy Ltd (AGEL) on Wednesday said it has received a recognition for conserving water against consumption. "AGEL has been certified Water Positive by DNV, an independent global assurance agency. The verification statement signifies that AGEL's water conservation is greater than consumption," a company statement said. DNV conducted qualitative and quantitative assessment of water balance index for AGEL's operational sites having greater than 200 MW capacity in Tamil Nadu, Rajasthan, Karnataka, Gujarat and Andhra Pradesh. As per the assessment, the water balance index is 1.12 (positive), surpassing its target to become net water neutral by FY25, way ahead of time. The verification process entailed sample-based checks and the methodology, measurement techniques, estimation methods, assumptions and uncertainties involved in the process of water accounting as adopted by AGEL. AGEL has recorded a 99.5 per cent lower freshwater consumption per unit of generation as against 3
The Congress on Thursday accused the government of indulging in "blatant favouristism" and giving the Adani group "undue advantage" in major small arms contracts for the armed forces. Posing a set of three questions to Prime Minister Narendra Modi as part of the party's "Hum Adani ke Hain Kaun" series, Congress general secretary Jairam Ramesh said the party had asked the PM a series of questions on February 15 regarding the "handing over" of large chunks of the India-Israel defence partnership to his "close friend" Gautam Adani. The Congress' slew of allegations have continued weeks after Adani Group stocks had taken a beating on the bourses after US-based short seller Hindenburg Research made a litany of allegations, including fraudulent transactions and share-price manipulation. The Gautam Adani-led group has dismissed the charges as lies, saying it complies with all laws and disclosure requirements. "While he (PM) gives his gyan to G20 Foreign Ministers, he cannot run away from
The government has invoked emergency powers under Section 11 of the Electricity Act to impose the rule as it expects record surge in power demand this summer
The list includes generation units of state-owned NTPC, and privately owned units of Tata Power, Adani Power, CESC, Hindustan Power
Adani Wilmar, Adani Power, and Adani Total Gas are expected to see up to 18 per cent upside in the coming sessions
On Tuesday, the S&P BSE Power index hit a 10-year high of 3,008, a level last seen in January 2011, in intra-day trade. Adani Power, meanwhile, hit a record high of Rs 151
Power Finance Corporation and Rural Electrification Corporation will infuse liquidity in the discoms to the extent of Rs 90,000 crore in two equal instalments
An overall generation down by 3.6 per cent YoY in March 2020, creating financial problem for producers
Tata Power and Adani Power rallied up to 7% on BSE on reports that the Gujarat government decided to increase tariffs of three coal-based power plants.