Indian Metal & Energy Industry News & Updates - Power

Tata Power Q4 net profit rises 15% to ₹895 crore
Tata Power Q4 net profit rises 15%, revenue jumps 27% on strong core business performance
The Hindu Business Line

Metal & Energy09 May 2024
L&T's power transmission, distribution business bags multiple orders in India, overseas
L&T's power transmission biz bags multiple orders in India, overseas

Metal & Energy09 May 2024
We plan to increase RE share in portfolio to 30% by 2030: REC CMD
REC Ltd, state-run non-banking financial corporation in the power sector, plans to increase its portfolio in lending to the renewable energy sector to 30% from the current 10% by 2030. Moreover, it plans to double its assets under management to Rs 10 trillion by 2030 with both conventional-energy and RE projects forming the major part of it, Chairman and Managing Director Vivek Kumar Dewangan told Arunima Bharadwaj and Raghavendra Kamath. REC Ltd reported a 33% annual rise in its consolidated net profit for Q4FY24 at Rs 4,079 crore and targets to become a net zero NPA (non-performing asset) company by the end of this financial year.

Metal & Energy09 May 2024
IPCL, E2S to develop Thermal Energy Storage System for efficient storage, transmission
Metal & Energy09 May 2024
Polaris gets new smart metering project worth Rs 2,246 cr in West Bengal
Metal & Energy09 May 2024
IPCL, E2S to develop Thermal Energy Storage System for efficient storage, transmission
Metal & Energy09 May 2024
JSW Energy Q4 Results: Cons PAT jumps 22% YoY to Rs 345 crore
Q4 results: JSW Energy profit rises 29% to ₹351 crore, declares ₹2 per share dividend
mint

Metal & Energy08 May 2024
REC aims to double loan book to Rs 10 lakh cr by FY30
Metal & Energy08 May 2024
‘PPA pricing must be commensurate with the risk developers are taking’
Sterlite Power has secured orders worth Rs 2,500 crore in the fourth quarter of FY24, bringing its total orders for the full fiscal year to over Rs 7,000 crore. In March, the company forged a partnership with Singaporean fund GIC to develop a transmission platform in India. Prathik Agarwal, managing director of the company, talks to Raghavendra Kamath about the company’s strategy and challenges in the sector.

Metal & Energy07 May 2024
KSK Mahanadi to NCLT: Change of circumstances calls for fresh bidding
Metal & Energy07 May 2024
Norms eased to draw in more suppliers for power equipment
Metal & Energy07 May 2024
Sterlite Power names Reshu Madan as CEO of global products, services business
Metal & Energy07 May 2024
CG Power Q4 standalone net rises marginally to ₹241 cr.
Metal & Energy07 May 2024
Pre-emptive steps, better planning help meet peak power demand in April
Metal & Energy06 May 2024
Thermal power plants have 68pc of normative coal stocks: Govt Data
Metal & Energy06 May 2024
Adani Power Q4 Results Live : profit falls by 47.79% YOY
Adani Power Q4 Results Live : Adani Power declared their Q4 results on 01 May, 2024. The topline increased by 30.48% & the profit decreased by 47.79% YoY.

Metal & Energy03 May 2024
Adani Energy Solutions arm to acquire 100 pc stake in Pointleap Projects
Metal & Energy03 May 2024
Blaze in NTPC's superthermal power plant in Jharkhand: NGT issues notice
Metal & Energy03 May 2024
Questions over Adani's bid for Chennai-based power company Coastal Energen
Metal & Energy03 May 2024
Adani Power logs 37 per cent revenue growth in FY24, consolidated PBT more than doubled
Metal & Energy03 May 2024
Power consumption rises 11 pc to 144.25 billion units in April
India's power consumption rises 11% to 144.25 billion units in April

Metal & Energy02 May 2024
Adani Power Q4 Results: Sales volume jumps 55% YoY, PAT slips on high base
Adani Power Q4 profit falls 47.8% YoY, revenue up nearly 30%
The Financial Express

Metal & Energy02 May 2024
Kalpataru to redevelop 4-acre housing society in Mumbai’s Andheri
Metal & Energy02 May 2024
Adani Energy Solutions logs 17 per cent revenue growth, ends FY24 on a strong note
Metal & Energy02 May 2024
REC net rises 34% in Q4 to Rs 4,016 crore
REC posted a 34% jump in its net profit in the fourth quarter of the financial year 2023-24 at Rs 4,016 crore compared to Rs 3,001 crore in in the corresponding period a year ago.Its revenues from operations rose by 25% to Rs 12,613 crore in Q4FY24 from Rs 10,113 crore in Q4FY23.The company’s total sanctions increased by 34% to Rs 3.6 trillion in Q4FY24.

Metal & Energy01 May 2024
26 companies queue up for KSK Mahanadi power project
Metal & Energy01 May 2024
Sterlite Power bags projects worth Rs 2,500 crore in Q4
Metal & Energy01 May 2024
Indian power plants on full steam riding crash in global coal prices
New Delhi : If there could be some degree of respite for the common folk during this year’s overheated summer, it might be fewer electricity outages. And they might want to thank China for that.

Metal & Energy30 April 2024
Amid govt's renewables push, coal-fired power plants hold their own
New Delhi : As India embarks on its ambitious energy transition goals, the government's heading in the opposite direction to meet the country's ravenous energy needs, with plans to set up six thermal power generation hubs with a cumulative capacity of 30 GW.

Metal & Energy30 April 2024
Megha Engineering and Infrastructure bags 2000MW Sharavathi pumped storage project
Metal & Energy30 April 2024

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