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NTPC Posts Robust Q1 Profit Growth Amid Lower Fuel Costs and Strategic Diversification – EQ

In Short: NTPC reported an 11% year-on-year rise in consolidated net profit to ₹6,108.46 crore for April–June, despite a 3% drop in revenue to ₹47,065 crore. Lower fuel costs and higher other income supported profits. The board reappointed CMD Gurdeep Singh and recommended a ₹3.35/share final dividend, with September 4 as the record date and […]

Portugal Unveils $466 Million Energy Overhaul to Strengthen Grid and Expand Battery Storage – EQ

In Short : Portugal will invest $466 million (€400 million) to modernize its electricity grid and expand battery storage capacity after an April blackout disrupted power across the Iberian Peninsula. The plan includes boosting storage from 13 MW to 750 MW and enhancing grid management. A new government decree will accelerate project deployment, aiming to […]

Nordex Surges Ahead with Record Orders and Strong Q2 Earnings Performance – EQ

In Short : Nordex exceeded Q2 expectations with a €108.2 million EBITDA, up 64% year-on-year, and net income soaring to €31 million. The company secured record orders of 2.3 GW, boosting its backlog to €14.3 billion. Despite lower turbine production, strong installations and improved cash flow supported confidence in its 2025 outlook, affirming Nordex’s competitive edge […]

Diamond Power Secures ₹1,349 Crore Boost with Major Adani Transmission Contract – EQ

In Short : Diamond Power Infrastructure has secured a ₹1,349 crore order from Adani Energy Solutions to supply conductors for various power transmission projects. This major contract strengthens Diamond Power’s position in the transmission sector and reflects growing demand for infrastructure in India’s power sector. The order is expected to significantly boost the company’s revenue […]

Andhra Pradesh Seeks Singapore Collaboration on Green Energy, Infrastructure, and Investment – EQ

In Short : Andhra Pradesh CM N. Chandrababu Naidu met Singapore’s Minister Tan See Leng to explore partnerships in green energy, hydrogen, data centres, ports, and infrastructure. He invited Singaporean investors to the Visakhapatnam Global Investors Summit in November, highlighting Andhra’s focus on sustainable development and its readiness to collaborate on transformative, future-ready projects across […]

Anil Ambani’s Reliance Group Reinvents Strategy with Focus on Defence and Green Energy – EQ

In Short : Anil Ambani’s Reliance Group is charting a new growth trajectory with a sharp focus on defence and renewable energy. The company plans to invest in advanced military technologies, aerospace, and clean energy projects like solar and wind. This strategic shift aligns with India’s push for self-reliance in defence manufacturing and its commitment […]

RITES and CMPDI Forge Alliance to Drive Mining and Renewable Energy Ventures – EQ

In Short : RITES and CMPDI have signed a strategic MoU to jointly explore opportunities in mining, renewable energy, and infrastructure projects both in India and abroad. The collaboration combines RITES’ engineering and transport expertise with CMPDI’s strengths in geological and environmental planning. Together, they will work on feasibility studies, consultancy services, and project development […]

Maharashtra Charts Solar Path for Textile Sector with New Government Committee – EQ

In Short : Maharashtra Deputy CM Devendra Fadnavis has directed the formation of a joint committee to explore the integration of solar power in the state’s textile sector. The move aims to reduce energy costs, promote sustainability, and boost competitiveness. The committee will study feasibility, propose incentives, and recommend implementation strategies to support widespread adoption […]