Premier Energies to raise ₹2,830 cr via IPO; plans to set up 4 GW solar cell, module plant
The IPO, a combination of fresh equities worth ₹1,291.40 crore and OFS of ₹1,539 crore, will open for subscription on August 27.
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August 2024
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India needs $385 bn to meet 500GW renewable energy target
While the strong growth in India's renewable energy capacity is likely to continue, coal will remain an important source of electricity generation in the next 8-10 years, says Moody's.
Tata Power shares fall 4% despite robust Q4; here’s why
Post Q4, JM Financial has maintained a ‘Buy’ call on Tata Power shares with an upgraded target price of ₹490 per share from ₹440 earlier.
Tata Power posts highest ever profit, revenue in FY24; declares dividend of ₹2
The Tata Group company reported profit growth for the 18th consecutive quarter to ₹1,046 crore for Q4 FY24, up 11% YoY.
NHPC shares rise 2% on fundraising plan
The board of NHPC will meet on March 27 to consider the proposal for raising of debt during financial years 2023-24 and 2024-25.
NTPC hits 52-week high as PM Modi inaugurates projects
PM Modi laid the foundation of Singrauli Super Thermal Power Project which is being developed in Sonebhadra, Uttar Pradesh with a total investment of ₹17,000 crore.
Tata Power shares fall up to 5% post Q3; here’s why
Shares of Tata Power have fallen over 8% in two sessions after hitting a 52-week high of ₹412.75 in intraday trade on Friday.
Tata Power Q3 profit rises 2% to ₹1,076 cr; revenue up 3%
For the first nine months of the current fiscal, the profit grew 13% YoY to ₹3,235 crore, while revenue rose 5% to ₹45,286 crore.
Power Grid acquires 2 SPVs, commences wind power plant in TN; stock rises
The company’s board is scheduled to meet on December 29 to consider and approve issue of taxable bonds under private placement.
Tata Power acquires Bikaner transmission project; stock hits record high
The transmission project, having estimated cost of ₹1,544 crore, to enable evacuation of 7.7 GW of green power from the Bikaner Complex in Rajasthan
