In Short : Indosol Solar, backed by Shirdi Sai Electricals, plans a ₹69,000 crore investment in solar manufacturing and aims for an IPO in FY27. The company is developing a 1 GW integrated plant in Andhra Pradesh and has received ₹5,175 crore under India’s PLI scheme. Aiming for 20 GW downstream capacity, Indosol targets ₹600 […]
NALCO to invest Rs 30,000 cr on new projects, expansion
BHUBANESWAR: Buoyed by two-fold jump in net profit to Rs 1,342 crore last fiscal, the state-owned NALCO today announced plans to invest over Rs 30,000 crore to launch a host of new projects and undertake expansion. “NALCO achieved highest net profit in last 10 years of Rs 1,342 crore during 2017-18 against Rs 669 crore […]
