Siemens profit 36% up YoY in July-Aug-Sept quarter
Siemens Ltd has announced a revenue of INR 5,297 crore and net profit (profit after tax) of INR 534 crore in the fourth quarter of financial year 2023 ended September 30, 2023.
KEC secures transmission line orders in Middle East, Europe
KEC International Ltd has secured orders for 220 and 400 kV overhead transmission lines in the Middle East, and 110 kV transmission lines in Europe.
Adani Energy Solutions earns outstanding ESG ratings for sustainable practices
Adani Energy Solutions Ltd (AESL) has earned an Environment, Social, and Governance (ESG) performance score of 86% from CSRHub, much above the global electrical and gas utilities industry average. Sustainalytics’ ESG risk rating of 31.5 outperforms the global electric utility industry average of 32.1.
ReNew commissions its first interstate transmission project
The project will help in the evacuation of 1.5 GW of renewable energy from the Koppal area of Karnataka.
Adani Electricity powered Mumbai with 100% renewables on Diwali
Adani Electricity Mumbai Ltd met the electricity needs of its customers in Mumbai entirely from renewable sources, including solar and wind, for an uninterrupted four hours on Diwali.
Genus Power’s order book exceeds INR 19,000 crore
The company expects a steady and significant increase in order volumes in the upcoming months of the fiscal year 2024 as numerous state electricity boards have commenced the bidding process to procure smart meters.
Tata Power posts INR 1,017 crore profit in Q2 FY 2024
Tata Power clocked 16th consecutive quarter of net profit (profit after tax) growth with Q2 FY 2024 profit rising 9% YoY to INR 1,017 crore ($122.18 million).
Adani Energy Solutions commissions transmission project backing 2.5 GW of renewables
Adani Energy Solutions Ltd (AESL) has commissioned a transmission project in Tamil Nadu for evacuation of up to 2.5 GW of green power produced in the region. This project will provide industrial, commercial, and residential consumers with enhanced access to reliable and clean energy in Tamil Nadu.
Genus Power wins smart metering order worth INR 3,121.42 crore
Genus Power Infrastructures’ total order book now exceeds INR 17,000 crore (over $2 billion).
Cabinet approves over $2.49 billion for inter-state transmission line backing 13 GW of renewable energy project in Ladakh
The transmission line for evacuating power from a 13 GW renewable energy project in Ladakh will pass through Himachal Pradesh and Punjab up to Kaithal in Haryana, where it will be integrated with the national grid.
