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.Â
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.
Oyster Renewable Energy has partnered with Jindal Stainless Limited to develop a 282 MW interstate transmission system (ISTS)-connected wind-solar hybrid project. The project will supply renewable power to Jindal Stainless’ manufacturing units. It will be built across two sites—Bhuj in Gujarat and Agar in Madhya Pradesh. The Bhuj site will host 99 MW of wind…
Advait Energy Transitions (formerly Advait Infratech) has secured a contract from Gujarat Energy Transmission Corporation (GETCO) for upgrading critical 66 kV transmission lines in Surendranagar Circle, Gujarat. The project involves the supply, installation, testing, and commissioning of high-capacity HTLS (High-Temperature Low-Sag) conductors. It includes upgrading two transmission lines: Dhrangadhra (220 kV) to Dhrangadhra and Viramgam…
Bhilwara Energy Limited, the power arm of LNJ Bhilwara Group, has agreed to acquire full ownership of Mandakini Jal Urja Private Limited from Statkraft IH Holding AS. The transaction covers the under-construction 76 MW Phata Byung Hydroelectric Project in Uttarakhand and strengthens the Group’s position in the hydropower segment. The acquisition has been executed through…
The Southern Regional Power Committee (SRPC) has proposed enhancing the reverse transfer capacity of the ±800kV, 6000 MW Raigarh-Pugalur HVDC system from 3,000 MW to 6,000 MW. The National Committee on Transmission (NCT) is expected to discuss this proposal in its upcoming meeting later this month. Currently, the Raigarh-Pugalur HVDC link can transfer 6,000 MW…
SAEL Industries Limited has commissioned its first solar power project in Rajasthan with a capacity of 200 MW AC (298 MW DC). The project was completed on 17 August 2025, ahead of its scheduled commercial operation date. The plant is located in Jalore district and covers over 1,000 acres. It is supported by a 25-year…
Power Grid Corporation of India Limited has approved the issuance of its 83rd bond series to raise up to Rs 3,800 crore. The decision was taken by the company’s Committee of Directors for Bonds at a meeting held on November 17 2025. The fundraising will take place through unsecured, non convertible and redeemable bonds issued…