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ReNew announces US$81 million PAT for H1 FY24

Total Income (or total revenue) for H1 FY24 was INR 53,291 million (US$ 641 million), compared to INR 47,416 (US$ 571 million) for H1 FY23. Net profit for H1 FY24 was INR 6,754 million (US$ 81 million) compared to a net loss of INR 1,090 million (US$ 13 million) for H1 FY23.

SJVN signs 200 MW wind PPA with SECI

SGEL bagged 200 MW at a tariff of ₹3.24 per unit on Build Own and Operate (BOO) basis in Open Competitive Tariff bidding process.

Lithium Power/Future Energy expands operations with acquisition of plant & machinery worth INR 100 million

Lithium Power, a leading provider of energy storage solutions, has acquired state-of-the-art plant and machinery worth 100 Million Rs. from Lord Batteries Pvt. Ltd.

6th high-level meeting of the India-OPEC Energy Dialogue

The two sides discussed the short, medium and long-term outlooks for the industry and recognized the important role of India in global economic growth and energy demand.

Ashok Leyland to invest Rs 1200 cr into Switch

Switch Group of Companies (Switch Mobility Ltd – UK and Switch Mobility Automotive Ltd- India) house the Electric Mobility initiative of the CV major, Ashok Leyland, focusing on e-Buses and e-LCVs. 

Goldi Solar illuminates Diwali with a gift that supports the Dang farming community in Gujarat

Goldi Solar will present Ambe Mohar Rice and Doodh Malai Rice, harvested by local farming communities, to its dedicated employees, valued customers, and esteemed associates.

NHPC reports highest ever financial performance for the half-year ended 30th September, 2023

NHPC, India’s premier hydropower company, has registered the highest ever half-yearly Standalone Profit after Tax (PAT) of Rs. 2,500 crores, against the Standalone PAT of Rs. 2,483 crores for the corresponding previous half-year.

IREDA launches CSR Portal to improve transparency in CSR initiatives

The portal will facilitate transparency in receipt and disposal of CSR requests from various organizations and institutions.

KPMG in India and Colliers’ Report on ‘Sustainable real estate’ showcases how sustainable real estate practices are transforming the industry

Green buildings can lead to 35 per cent reduction in emissions and 20 per cent reduction in maintenance costs.

Tata Power Delhi Distribution, IIT Roorkee sign MoU to develop innovative solutions for a greener future

Tata Power Delhi Distribution Ltd, which supplies electricity to 7 million in North Delhi, the Indian Institute of Technology (IIT) Roorkee, have signed a Memorandum of Understanding (MoU) to research and develop pioneering solutions for optimal use of energy, leading to greener and sustainable future through its “Urja Arpan” initiative. 

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