Author: PPD Team Date: November 7, 2024
SJVN Limited has announced its financial results for the quarter ending September 2024 (Q2 FY25), reporting a consolidated net profit of Rs 4,399 million, a slight increase from Rs 4,396.4 million in the same period last year.
The company’s total income rose by approximately 16.48% to Rs 11,084.3 million, up from Rs 9,516.2 million in the corresponding quarter of the previous year.
Author: PPD Team Date: January 20, 2026 LNK Energy has been launched as an integrated clean energy platform with an investment commitment of Rs 10,000 crore over the next five years. The company was introduced by its co-founders on the sidelines of the World Economic Forum Annual Meeting 2026. The company has been founded by Paritosh Ladhani, Kushagra Nandan, and Varun Karad. LNK Energy said its strategy will focus on three areas. These include advanced…
Author: PPD Team Date: September 25, 2025 Torrent Power Limited has completed the acquisition of two companies owning land earmarked for a thermal power project in Madhya Pradesh. The company purchased 100 per cent of Newzone Power Projects Private Limited (NZPPPL) and 49 per cent of Newzone India Private Limited (NZIPL) from the Sarawagi Family and related Hindu Undivided Families. The total deal value was Rs 211 crore. The share transfers were executed on 23…
Author: PPD Team Date: April 29, 2025 At a meeting of the Consultative Committee of the Ministry of Power on April 28, 2025, the Union Minister for Power and Housing & Urban Affairs, Manohar Lal, presented the government’s roadmap for expanding nuclear power generation in India. The meeting focused on how nuclear energy can support India’s clean energy goals and long-term energy security. The minister highlighted that nuclear energy is not limited to electricity generation….
Author: PPD Team Date: May 2, 2025 Indian Oil Corporation Limited (IOCL) has approved an equity investment of Rs 10.86 billion in Terra Clean Limited, its wholly-owned subsidiary. The funding will support the development of 4,300 MW of renewable energy (RE) capacity across India. The approval was given during the Board of Directors meeting held on 30 April 2025. This new capacity comes in addition to the previously approved 1,000 MW, expanding Terra Clean’s total…
Author: PPD Team Date: October 9, 2025 Deon Energy Limited has filed its draft red herring prospectus with the Securities and Exchange Board of India to raise Rs 1.5 billion through an initial public offering. The issue comprises a fresh sale of equity shares with a face value of Rs 10 each. The company plans to use about Rs 1 billion from the proceeds for long-term working capital needs, while the rest will go toward…
Author: PPD Team Date: July 14, 2025 The Government of Punjab plans to install rooftop solar power systems with a combined capacity of 30 MW on 390 government buildings by March 2026. The project is estimated to cost Rs 1,500 million and will be implemented by the Punjab Energy Development Authority (PEDA). The rooftop solar initiative will cover prominent buildings from 25 departments, including Health and Family Welfare, Agriculture and Farmers Welfare, Tourism and Cultural…