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NTPC – H1 FY24 PAT up 13% (standalone) and 30% (consolidated)
On standalone basis, the Total Income of NTPC for H1 FY24 is INR 81,199 crore as against the corresponding previous period total income of INR 82,537 crore. Profit After Tax (PAT) for H1 FY24 is INR 7,951 crore as against INR 7,048 crore in H1 FY23, registering an increase of 13%.
Hartek Group launches Think Power, Think Hartek Campaign
Hartek Group caters to a diverse array of clients, from providing a 400V LT panel to a building, to establishing a massive 400 KV Grid, and Transmission and Distribution (T&D) project for a large utility, to setting up a 400 MW solar plant for an IPP to setting up a 4 MW rooftop solar plant for an industry.
Suzlon secures order for their 3 MW series turbines from Juniper Green Energy Private Limited of 50.4 MW
Suzlon will install 16 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower of their new product with a rated capacity of 3.15 MW each. The project is located at Dwarka district in Gujarat and is expected to be commissioned in 2025.
Log9 Materials announces ESOP buyback
Log9 Materials, the emerging pioneers in battery technology, has announced an Employee Stock Ownership Plan (ESOP) buyback worth Rs. 1.5 Crores for the year 2023.
Tata Power Delhi Distribution Ltd bags ‘Gold Winner Award’ at 5th ICC National Occupation Health and Safety Awards 2023
The award was presented to Tata Power-DDL by Occupational Health and Safety Expert Committee of Indian Chamber of Commerce during the 5th ICC National Occupation Health and Safety Awards 2023 ceremony held in Kolkata recently.
Schneider Electric Sustainability Impact Awards back for a second year, nominations now open
In addition to partners, Schneider is extending submissions to customers and suppliers for the second edition.
Global Energy Alliance for People and Planet (GEAPP) hosts Energy Transition Dialogues to accelerate people-positive pathways
GEAPP is an alliance of 20+ partners working to unlock renewable energy access in emerging economies. To be held from 1 – 3 November, alongside India’s presidency of G20, TETD will be a culmination of 24 months of collaborative action.
IREDA Q2 Results: Net Profit Rises 54%, NPA Reduced to 1.65%
The company reported a 54% increase in profits, reaching a Profit After Tax (PAT) of INR 285 crores for the quarter. This has been driven by consistent growth in the Loan Book and a significant reduction in Net Non-Performing Assets (NPAs) from 2.72% to 1.65% year-on-year.
Green arm of Lignite Company NLC India Limited starts business activities
The subsidiary is expected to establish RE projects to the capacity of 6 GW by 2030. Projects to the tune of 2 GW is being developed at various parts of the country.
Apraava Energy receives SBTi validation for its greenhouse gas emission reduction targets
Becomes only the second Indian power business to receive SBTi validation. Will reduce its Scope 1 & 2 greenhouse gases (GHG) emissions intensity by 46.3% by 2027.
