Adani Energy Solutions reports 172% surge in net profit for Q2 FY2024
Author: PPD Team Date: October 25, 2024
Author: PPD Team Date: October 25, 2024
Adani Energy Solutions Limited (AESL) has reported a net profit of Rs 7.73 billion for the quarter ending September 2024, marking a 172.18% increase compared to Rs 2.84 billion in the same quarter last year.
The company’s total income also rose by 68.88%, reaching Rs 63.6 billion, up from Rs 37.66 billion during the corresponding period of the previous year.
Author: PPD Team Date: December 12, 2025 Former Chief Secretary of Gujarat, Pankaj Joshi, has been appointed Chairperson of the Gujarat Electricity Regulatory Commission (GERC). The state government has also named Jatin Natvarlal Thakkar and Navinchandra Shah as Members of the Commission. The appointments follow recommendations made by a Selection Committee formed earlier this year to shortlist candidates for the posts. An official notification said Joshi will take charge from the date he assumes office….
India’s first indigenously developed megawatt-scale green hydrogen plant has been inaugurated at Deendayal Port Authority (DPA), Kandla.
Author: PPD Team Date: September 21, 2024 ArcelorMittal Nippon Steel (AM/NS) India has launched a value-added steel line, Magnelis, with an investment of nearly Rs 10 billion at its Hazira plant in Gujarat. The production line, with a capacity of 500,000 tonnes per annum, is aimed at solar panel manufacturers. The company is in talks with major customers like Adani Green Energy, Reliance Industries, Sterling & Wilson, and NTPC. AM/NS is also planning a new…
Author: PPD Team Date: January 16, 2025 Hartek Group’s commercial and industrial rooftop solar division has secured an 8 MW solar EPC contract in Jammu & Kashmir. The project, awarded by Kandhari Beverages Private Limited, a bottling plant of Hindustan Coca-Cola, is under execution and expected to be commissioned within the current quarter. The project includes engineering and design, procurement of solar modules, inverters, and associated equipment, testing and commissioning, and operations and maintenance. It…
Author: PPD Team Date: November 7, 2024 Indian Oil Corporation Limited (IOCL) has joined hands with Tirumala Tirupati Devasthanams (TTD) to build a 40 tonnes-per-day biogas plant in Tirumala, aiming to promote sustainable energy and effective waste management. TTD’s Additional Executive Officer Ch. Venkaiah Chowdary laid the foundation stone for the project alongside IOCL’s Executive Director and State Head B. Anil Kumar. The biogas plant will use mixed waste, including banana leaves, food scraps, grass,…
Author: PPD Team Date: July 16, 2025 The Chhattisgarh government has revised electricity tariffs for the financial year 2025–26, with new rates in effect from July 1. While the changes include targeted rebates for rural and tribal regions, domestic and non-domestic users will see an increase in their monthly electricity bills. According to The Times of India, a 10 per cent rebate will now be offered to mobile towers located in Left-Wing Extremism (LWE)-affected areas…