Vikran Engineering Limited has taken key corporate steps to support its renewable energy execution plans, including the incorporation of a project specific subsidiary for a large solar contract and the extension of an inter corporate loan. In regulatory filings dated February 3, 2026, the company said it incorporated a wholly owned special purpose vehicle, Vikran…
Power Finance Corporation Limited (PFC) has completed the transfer of two wholly owned subsidiaries held through its subsidiary, PFC Consulting Limited, to successful bidders. The transfers were finalised on February 3, 2026, following completion of the bidding process. PFC stated that the transactions were conducted at arm’s length and are not related to any promoter…
NHPC Limited announced its financial results for the third quarter ended December 31, 2025, along with an interim dividend and updates on project commissioning and board level decisions. For Q3, NHPC reported a standalone profit of Rs 292.87 crore. Consolidated profit attributable to owners stood at Rs 219.12 crore. Standalone revenue from operations was Rs…
Coal India Limited (CIL) has approved the formation of a renewable energy joint venture in Uttar Pradesh, alongside a series of other corporate actions, including a large equity infusion into a gasification subsidiary and the creation of an overseas holding company. As part of its renewable push, CIL will set up a 51:49 joint venture…