RIL to invest up to $50 mn in Bill Gates-owned Breakthrough Energy Ventures Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Investment in Breakthrough Energy Ventures II, L.P. For more information please see below link:
GE Power India Q2 results: Posts net profit of Rs 38 cr
The consolidated results include the results of GE Power India Ltd (GEPIL) and its subsidiary GE Power Boilers Services Ltd New Delhi: GE Power India on Wednesday reported a consolidated net profit of Rs 37.37 crore for the September 2020 quarter, mainly on the back of higher revenues. The company had registered a consolidated net […]
Adani Power board approves delisting from BSE, NSE
In a regulatory filing, the company said it will seek shareholders nod for delisting on BSE and NSE through a postal ballot. Adani Power board on Monday approved the proposal to delist the company’s equity shares from stock exchanges. The company has worked out the floor price of an equity share of Rs 33.82 to […]
NTPC to raise Rs 4,374.10 crore via bonds on Thursday
The bonds are proposed to be listed on both National Stock Exchange and BSE. Bond Trust Deed for these bonds will be duly executed as per the requirements of and within the period of time prescribed under, the Companies Act and rules specified therein New Delhi: State-run power giant NTPC on Monday said it will […]
SBI unanimously approved the restructuring of Suzlon Energy’s Rs 14,000-cr debt
The company is working on finalising various definitive agreements with the lenders, it told BSE The State Bank of India (SBI)–led consortium has unanimously approved the restructuring of Suzlon Energy’s Rs 14,000 crore worth of debt, the company said in a filing with the BSE. “The company is working on finalising various definitive agreements with […]
10 MW solar power plant at Hero MotoCorp new Chittor Plant
Hero MotoCorp has commenced commercial production at its new Greenfield manufacturing facility located in Chittoor, Andhra Pradesh with effect from Thursday, 19 March 2020. As per the company’s press statement, Hero MotoCorp’s Chittoor facility is now the eighth manufacturing plant and sixth in India. It is expected to create direct and indirect employment opportunities in […]
KPI Global bags order for 950 KW project in Gujarat
Gujarat-based solar power generation company, KPI Global Infrastructure informed today that it has bagged an order for the execution of 950 KW capacity project in Surat (Gujarat). The company in its press release said that the order has a scope in execution of solar power project with a capacity of 950 KW under Captive Power […]
PFS gets Rs 500 cr long-term loan from Bank of India
“We will use this loan to further expand our lending portfolio in infrastructure projects and other operational requirements,” said PFS Managing Director and CEO Pawan Singh New Delhi: PTC India Financial services (PFS) on Monday said it has been sanctioned fresh long-term loan of Rs 500 crore from Bank of India for onward lending to […]
State-owned SJVN appoints Akhileshwar Singh as CFO
The company has commissioned five projects totalling 2015.2 mw of installed capacity, including wind and solar power New Delhi: State-owned SJVN on Friday announced the appointment of Akhileshwar Singh as its Chief Financial Officer. The SJVN is a joint venture between the centre and the Himachal Pradesh government with 61.93 per cent shareholding with the […]
CG Power board sacks Gautam Thapar as its chairman with immediate effect
On August 20, the company had stated that an investigation instituted by its board had found major governance and financial lapses in the company NEW DELHI: CG Power & Industrial Solutions on Thursday said its board has sacked Gautam Thapar as its chairman with immediate effect after an investigation that unearthed a multi-crore financial scam […]