Adani Power Q2 EBITDA up 5%
Adani Power Ltd announced the financial results for the quarter and half year ended September 30, 2016. The Consolidated total income for the quarter marginally increased to Rs 5,870 crore…
Sanjay Chaturvedi
CARE upgrades Suzlon rating to BBB
Suzlon Group announced that rating agency CARE has upgraded its investment grade credit rating to BBB from the earlier BBB- . Kirti Vagadia, Chief Financial Officer, Suzlon Group said: “The…
First Solar signs Power Purchase agreement with MCE
First Solar, Inc and MCE announced that MCE has entered into a Power Purchase Agreement (PPA) for electricity generated from 40MWAC of First Solar’s Little Bear Solar Project in Fresno…
PM Modi dedicates three Hydro Electric Projects to the Nation
Prime Minister of India, Narendra Modi, dedicated three Hydro Electric Projects (HEP) in Himachal Pradesh, representing 1,732 MW of generating capacity, to the nation. Significantly, all the three power projects,…
ReNew Power issues repeat order to Inox Wind
ReNew Power Ventures Pvt. Ltd has issued a repeat order to Inox Wind for a 50 MW wind power project to be executed in the state of Gujarat in India.…
Inox Wind Q2 net profit at Rs.56.46 crores
Inox Wind Limited reported its financial results and financial performance for the second quarter and the first half of the financial year ending 31st March 2017. The Total income from…
Suzlon forms JV with Ostro Energy
Suzlon Group announced joint venture with Ostro Energy for the development and construction of a 50 MW solar project at Wanaparthy site, Telangana. According to the contract signed between Ostro…
NTPC Q2 net profit at Rs. 2496 crore
NTPC Ltd posted a net profit of Rs. 24959.70 mn for the quarter ended September 30, 2016 as compared to Rs. 30392.30 mn for the quarter ended September 30, 2015.…
NTPC to set up 50 MW Solar Power Projects
NTPC is planning to set up Solar Power projects of 50 MW capacity with Battery Energy Storage System at different locations in Port Blair in Andaman & Nicobar Islands as…
IEA raises five-year renewable growth forecast
The International Energy Agency said that it was significantly increasing its five-year growth forecast for renewables thanks to strong policy support in key countries and sharp cost reductions. Renewables have…