transmission

Ahmedabad (Gujarat) [India], Adani Energy Solutions Ltd (AESL) has reported operating revenue of Rs 14,217 crore for the year ended March 31, up 17 per cent (y-o-y), data released by the company said. According to Tuesday, revenue increased by 17.4 percent to Rs 3,560 crore in the fourth quarter...

New Delhi, Adani Energy Solutions Ltd (AESL) on Tuesday reported a 13.26 per cent decline in its consolidated net profit at Rs 381.29 crore during the quarter ending March 2024 due to increased expenses.Its net profit after tax in the January-March period of the last 2022-23 financial year was...

Operating EBITDA for the full year was Rs 5,695 crore, up 7 per cent year-on-year.Revenue for the January-March period (Q4) grew 17 per cent and EBITDA ended at Rs 1,769 crore, up 4 per cent (year-on-year).Anil said, “AESL's continued progress in commissioning new lines, coupled with strong...

It is the highest possible rating given to an issuer by credit-rating agencies in India, indicating the strongest level of creditworthiness and ability to repay investors.This achievement also holds great significance for India's private infrastructure sector, marking APSEZ as the first and...

New Delhi, Sterlite Power on Tuesday announced securing new orders worth Rs 2,500 crore during the quarter ended March 31.This takes the company's cumulative orders to Rs 7,000 crore in FY2014, up 3 per cent year-on-year (YoY) compared to FY2013, Sterlite Power said in a statement.“Sterlite...

New Delhi, KEC International on Monday said it has received new orders worth Rs 1,036 crore in the domestic and international markets.KEC International said in a regulatory filing that the company's Transmission and Distribution (T&D) division has won orders to install overhead transmission...

Bird flu or avian influenza A (H5N1) virus outbreaks in poultry farms are not a new phenomenon. It has been reported from time to time across the world, including from poultry farms in some parts of India.Migratory wild birds bring the virus to poultry farms. However, in recent years this bird...

World Malaria Day is celebrated every year on 25 April to spread awareness about the mosquito-borne disease. This year's theme is "Accelerating the fight against malaria for a more equitable world", as many people globally do not have access to quality, timely treatment and affordable services...

Mumbai: The Bombay High Court on Wednesday refused to direct a power company to remove transmission towers located on a Mumbai resident's land, saying passing such an order would not be in public interest.Maheshkumar Garodiya, a resident of Ghatkopar area of ​​the city, had filed a petition...

New Delhi: State-owned Power Grid Corporation of India's board on Wednesday approved a proposal to raise up to Rs 12,000 by issuing bonds in one or more tranches in 2024-25."The Committee of Directors for the Bonds in its meeting held today i.e. April 17, 2024 approved the issuance of the...

New Delhi: State-owned Power Grid Corporation on Tuesday said it has won three inter-state transmission projects under tariff-based competitive bidding.These three projects will help extract power from renewable energy projects in Rajasthan and Gujarat, the company said in a BSE filing.The...

Mumbai, Edelweiss Alternatives on Thursday announced it has completed a Rs 6,000 crore deal to acquire L&T Infrastructure Development Projects (LTIDPL), which owns various road assets and power transmission lines.The deal to buy LTIPDL, a joint venture in which infrastructure major L&T held 51...

New Delhi, Edelweiss Alternatives-backed infrastructure platform Yield Plu Strategy has completed the acquisition of L&T Infrastructure Development Projects Limited (L&TIDPL).The portfolio includes seven operating roads and one power transmission access in India, it said in a statement...

Both L&T (51 per cent) and CPP Investments (49 per cent) stake has been acquired by Epic Concessions Pvt Ltd, the investee company of Edelweiss Infrastructure Yield Plus Strategy, which is managed by Edelweiss Alternative Asset Advisors Ltd (EAAA).The company said the deal is in line with...

New Delhi, Policy experts said on Monday that the Supreme Court's decision recognizing the right against climate change as a fundamental human right will promote serious dialogue on this important topic.However, he stressed that India's transition to clean energy to fight climate change should...

New Delhi: Climate change affects the constitutional guarantee of right to equality, the Supreme Court has said while constituting a committee to find a balance between conservation of the critically endangered Great Indian Bustard and renewable energy infrastructure in the states of Rajasthan...

Kallam Transco Limited, the special purpose vehicle (SPV) formed for setting up the project, has been handed over to the successful bidder of the project, M/s Indigrid 2 Limited Indigrid 1 Limited (Consortium).The bidding process was carried out by REC Power Development and Consultancy Limited...