Adani Power posts Rs 127.50 billion net profit in FY25
Author: PPD Team Date: May 1, 2025
Author: PPD Team Date: May 1, 2025
Adani Power Limited has reported a net profit of Rs 127.50 billion in 2024–25, a decline of 38.78 percent from Rs 208.29 billion recorded in the previous year.
Total income fell 2.28 percent to Rs 589.06 billion in FY25 from Rs 602.81 billion in FY24. However, one source indicated a 10 percent growth in revenue during the period.
The company posted a net profit of Rs 27.37 billion for the quarter ended March 31, 2024.
Further analysis is required to assess the divergence between revenue and profit figures and the potential implications of its solar project in Sri Lanka.
Author: PPD Team Date: April 3, 2025 Resonia Limited, formerly Sterlite Grid 32 Limited, has won the bid for the “Transmission System for Integration of Ananthapur-II Renewable Energy Zone (REZ) Phase-I” project. The contract was awarded through a tariff-based competitive bidding process in 2025. The company will develop the project under a special purpose vehicle (SPV) on a build, own, operate, and transfer (BOOT) basis for 35 years. Meanwhile, PFC Consulting Limited (PFCCL) has incorporated…
Author: PPD Team Date: January 17, 2025 PFC Consulting Ltd (PFCCL) has transferred two project Special Purpose Vehicles (SPVs) to their respective winning bidders for the development of interstate transmission system (ISTS) schemes. The SPVs transferred are: Gadag II & Koppal II Transmission Ltd to Power Grid Corporation of India Ltd Bijapur REZ Transmission Ltd to G R Infraprojects Ltd Both SPVs, originally wholly-owned subsidiaries of PFCCL, will now be under the ownership of the…
Author: PPD Team Date: December 24, 2024 The Nepal Electricity Authority (NEA) has exported electricity valued at Rs 13.04 billion during the first five months of the fiscal year 2024/25. From July 16 to December 15, 2024, approximately 1.76 billion units of electricity were sold to India, primarily during the rainy season. The NEA has been exporting surplus electricity at competitive rates in the Indian Energy Exchange (IEX) and through bilateral agreements with Haryana and…
Author: PPD Team Date: August 21, 2025 VSL Renewable Services has won Lot-2 of NTPC Green Energy Limited’s 1,864 MWp solar operations and maintenance tender. Lot-2 covers 810 MWp, while Lot-1 accounted for 1,054 MWp. The company submitted the lowest bids for both lots but was awarded Lot-2 under NTPC’s tender conditions. The awarded projects are spread across Rajasthan, Madhya Pradesh, and Andhra Pradesh. The contract scope includes real-time monitoring, predictive maintenance, and generation-linked performance…
Author: PPD Team Date: November 4, 2024 Thiruvananthapuram Municipal Corporation has been awarded the prestigious Global Award for Sustainable Development in Cities, a recognition led by the United Nations Human Settlements Programme (UN Habitat) and the Shanghai Municipality. This award celebrates significant achievements by cities in implementing sustainable urban development under the new urban agenda. Thiruvananthapuram is the first Indian city to receive this honour, joining four other award-winning cities: Agadir (Morocco), Melbourne (Australia), Doha…
Author: PPD Team Date: November 26, 2024 GE Vernova has won a contract from Powerlink, Queensland’s state-owned transmission utility, to supply equipment for its Capital Work program. The agreement includes the delivery of 69 Dead Tank Circuit Breakers (DTCBs), rated 245kV and above, to bolster Queensland’s renewable energy integration and enhance power infrastructure resilience. Manufactured by GE Vernova’s Grid Solutions business at its Suzhou, China factory, the DTCBs will be delivered between August 2025 and…