Quarter Results

ReNew Announces $250 million share buyback and Preliminary Results for Q3 FY’22 – EQ Mag Pro

February 4, 2022 Anand Gupta

GURGAON, India : ReNew Energy Global plc (“ReNew” or “the Company”) (NASDAQ: RNW) (NASDAQ: RNWWW), India’s leading renewable energy company, today announced that its Board of Directors has authorized a new $250 million share repurchase program to buy back Class A Ordinary Shares (“Share Repurchase Program”) in the capital of the Company. In addition, the […]

Quarter Results

Adani Green Energy net up 20% to Rs 49 crore in December quarter – EQ Mag Pro

February 4, 2022 Anand Gupta

The company had reported a consolidated net profit of Rs 41 crore in the quarter ended on December 31, 2020, a BSE filing stated. Adani Green Energy on Wednesday posted a nearly 20 per cent rise in its consolidated net profit to Rs 49 crore in the October-December quarter compared to the year-ago period mainly […]

NTPC places order for 9.3 lakh tonne biomass pellets

Quarter Results

NTPC declares Q3/ 9M FY22 Unaudited Results – EQ Mag Pro

January 31, 2022 Anand Gupta

PAT (YoY) up by 12.91% (Standalone) & 13.96% (Consolidated) The Country’s largest power generator- NTPC Ltd., with a present group installed capacity of 67,757.42 MW, declared the unaudited financial results for Q3/9M FY22 on 29 January 2022. NTPC group has recorded gross generation of 87.92 Billion Units in Q3 FY22 and 264.70 Billion Units in […]

SJVN gets LoI to supply 200 Megawatt solar power to Bihar

Quarter Results

SJVN gains on bagging 200 MW solar project in Bihar – EQ Mag Pro

January 31, 2022 Anand Gupta

SJVN rose 2.33% to Rs 30.80 after the company said that it has emerged as the lowest bidder for 200 megawatt (MW) grid-connected solar project in the state of Bihar. Bihar Renewable Energy Development Agency (BREDA) has accepted the bid submitted by the company and issued a letter of intent (LoI) for supply of 200 […]

Quarter Results

Gotion High-Tech Begins Construction on New Lithium Production Complex in Jiangxi – EQ Mag Pro

January 25, 2022 Anand Gupta

Chinese battery manufacturer Gotion High-Tech announced on December 29 last year that construction has begun on its new lithium production complex in Yifeng County in China’s Jiangxi Province. The commencement of the project was part of a series of local industrial projects initiated in the fourth quarter of 2021. Scheduled for completion in the fourth […]

Quarter Results

Walwhan Renewable Energy standalone net profit rises 1.34% in the December 2021 quarter – EQ Mag Pro

January 21, 2022 Anand Gupta

Sales decline 3.54% to Rs 81.67 crore Net profit of Walwhan Renewable Energy rose 1.34% to Rs 18.91 crore in the quarter ended December 2021 as against Rs 18.66 crore during the previous quarter ended December 2020. Sales declined 3.54% to Rs 81.67 crore in the quarter ended December 2021 as against Rs 84.67 crore […]

Quarter Results

Orient Green Power Co Q3 Results: Firm posts Rs 6 crore net profit – EQ Mag Pro

January 20, 2022 Anand Gupta

Orient Green Power Company Ltd (OGPL) on Wednesday posted a consolidated net profit of Rs 6.28 crore for the December 2021 quarter, mainly on the back of higher revenues. The company had reported a consolidated net loss of Rs 21.42 crore in the quarter ended on December 31, 2020, according to a BSE filing. Total […]

Quarter Results

South African Prepaid Startup WiSolar Plans Initial Fund Raise – EQ Mag Pro

January 13, 2022 Anand Gupta

WiSolar, a South African startup that sells solar power on a prepaid basis, plans to raise R45-million this quarter in its first funding round as it gears up for growth. The company, founded by Tonye Irims in 2016, plans to expand from offering its product to residential home owners to working with property developers to […]

Quarter Results

SJVN’s Power Stations Clock highest ever 1480 MU Power Generation in Q3, FY 21-22 – EQ Mag Pro

January 7, 2022 Anand Gupta

SJVN started with a single hydro project in the year 1988 and today, the company has a portfolio of more than 16000 MW, out of which 2016.5 MW is under operation and the rest is under various stages of development. SHIMLA: Displaying the highest level of professional excellence in Operation & Maintenance of all its […]

Pennar Group Bags Orders Worth INR 309 Crore

Quarter Results

Pennar Group bags orders worth Rs 582 cr across multiple business verticles – EQ Mag Pro

December 20, 2021 Anand Gupta

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Pennar Group, a value-added engineering products and solutions company, has bagged a total orders worth Rs 582 crore across its various business verticals. The Pennar Group consists of Pennar Industries, Saven Technologies and Pennar Engineered Building Systems. As per Pennar Industries’ exchange filing, the Pre-Engineered Building vertical received orders for construction of manufacturing facilities, ware […]