
India plans to add 14,700 MW of thermal power capacity this year
Out of the 14,700 megawatt, the Centre's target is to add 6,880 MW.
Out of the 14,700 megawatt, the Centre's target is to add 6,880 MW.
Kudankulam, a small village in Tamil Nadu, will have 6 reactors each with a capacity of 1,000 MW.
India has 18 thermal projects and 41 hydro projects in limbo.
The Ministry of Power has also directed NTPC to run its 5000 MW gas-based power stations during the crunch period in April-May.
Power sector heavyweights such as NTPC, Power Grid, Coal India, Tata Power, and NHPC are expected to report double digit growth in profits in Q2 FY23.
The entity was acquired for an aggregate value of about ₹7.04 crore including 50,000 equity shares at par at ₹10 each along with assets and liabilities of the company as on the date of acquisition.
Adani Power share price has zoomed 511% from its 52-week low of ₹69.95 touched on August 24, 2021
Industry sources say the move, which will burden consumers, is part of the attempts to improve the poor financial health of distribution companies.
An amount of ₹1 lakh invested in this Adani Group stock in August last year would have turned into ₹4.7 lakh today
Analysts at ICICI Securities expect Coal India to report 58% YoY rise in profit after tax at ₹5,000 crore in the April-June quarter of 2022