Tata Power Company Limited posted a net profit of Rs 10.93 billion for the quarter ending September 2024, marking a 7.47 per cent rise from Rs 10.17 billion in the same period last year.
The company’s total income grew by approximately 1.13 per cent to Rs 162.11 billion in Q2 FY2024, up from Rs 160.3 billion in the corresponding quarter of the previous year.
Power Finance Corporation Ltd (PFC) has announced the incorporation of SR and ER Power Transmission Limited as a wholly owned subsidiary of PFC Consulting Ltd, according to its stock exchange filing dated August 22, 2025. The special-purpose vehicle has been created for the development of the “Inter-Regional Strengthening between SR Grid and ER Grid” project….
Juniper Green Energy Limited has commissioned the remaining 43 megawatt peak (MWp) of solar capacity at its hybrid project site in Karanja, Maharashtra. With this, the company has completed the 103 MWp solar component of its 129 MWp hybrid power project. The solar capacity was commissioned in two phases: 59.55 MWp in June 2025 and…
Premier Energies Limited has won contracts worth $19.95 million for the supply and installation of solar power systems in the Republic of Benin, West Africa. The order covers 750 rooftop solar systems to be deployed at district police stations, schools, health centres, and border surveillance units. It also includes the installation of more than 4,400…
The Bangladesh Power Development Board (BPDB) has issued a $173 million letter of credit (LC) to Adani Power Limited to maintain the electricity supply. This LC follows Adani Power’s reduction of electricity deliveries by half due to unpaid dues totalling $843 million. Issued by Bangladesh’s Krishi Bank, with ICICI Bank in India as the counterpart,…
DEE Development Engineers Limited has received a letter of intent for an order worth Rs 206.55 crore, excluding GST, from a Maharatna public sector undertaking operating in the power sector. In a stock exchange filing, the company said the customer is a Maharatna-class engineering, procurement and construction (EPC) conglomerate. However, the name of the awarding…
Coal India Limited (CIL) reported a 12% year-on-year decline in consolidated net profit for FY 2025-26, at Rs 31,071 crore compared to Rs 35,450 crore in the previous fiscal. The decline was driven by a one-time provision for executive pay revision and higher state levies, even as revenue from operations remained largely unchanged at Rs…