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PowerGrid posts PAT ₹16,824 crores, Total Income ₹42,698 crores for FY22 – EQ Mag Pro

On a consolidated basis, the company posted PAT of Rs. 16,824 crores and a total income of Rs. 42,698 crores for FY22 registering a YoY growth of 40% and 5% respectively. New Delhi: Power Grid Corporation of India Limited (POWERGRID has announced a PAT of Rs. 4,156 crores for Q4FY22 on a consolidated basis, an […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

EKI Energy Services net profit jumps to Rs 383 crore in FY22 – EQ Mag Pro

EKI Energy Service on Tuesday posted a multi-fold leap in standalone net profit at Rs 383.36 crore in 2021-22 monetary 12 months, primarily on the again of upper revenues. The standalone net profit of the corporate was at Rs 18.69 crore in the fiscal ended March 2021. In the final fiscal, whole standalone earnings rose […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

India’s oil import bill doubles to $119 billion in FY22 – EQ Mag Pro

India, the world’s third biggest oil consuming and importing nation, spent $119.2 billion in 2021-22 (April 2021 to March 2022), up from $62.2 billion in the previous fiscal year. India’s crude oil import bill nearly doubled to $119 billion in the fiscal year that ended on March 31, as energy prices soared globally following the […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

Electric vehicle retail sales zoom over three-fold in FY22 – EQ Mag Pro

Total electric vehicle retails reached 4,29,217 units in 2021-22, with two-wheeler offtake leading the segment Electric vehicle retail sales in the country witnessed over three-fold jump last fiscal with two-wheeler offtake leading the segment, according to data compiled by automobile dealers’ body FADA. Total electric vehicle (EV) retails reached 4,29,217 units in 2021-22, a rise […]

Ather Energy ties up with BPCL to expand charging infrastructure

NLC India’s power generation rises 19 pc to 2,920 cr units in FY22 – EQ Mag Pro

A new record has been created in terms of electricity generation, with the power stations of NLC India Ltd and its subsidiaries together generating 2,920 crore units of electricity (29.20 billion units) during 2021-22, it said. NLC India Ltd on Thursday said it has registered an 18.64 per cent rise in power generation at 2,920 […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

Power Finance Corp pays Rs 887 crore as interim dividend to govt for FY22 – EQ Mag Pro

Power Finance Corporation on Friday said it has paid Rs 886.97 crore as an interim dividend to the government for the financial year 2021-22. This is in addition to Rs 333 crore and Rs 370 crore paid as first and second interim dividend, respectively, earlier, Power Finance Corporation (PFC) said in a statement. PFC CMD […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

REC Declares Its Quarterly Financial Results For Q1 FY22

The Board of Directors of REC Limited approved the unaudited standalone and consolidated financial results for Q1 FY22 today. Financial Highlights – Q1 FY22 vs Q1 FY21 (Standalone) Total Income – Rs. 9,592 crores vs. Rs. 8,110 crores, up 18% Net Profit – Rs. 2,247 crores vs. Rs. 1,839 crores, up 22% During Q1 FY22, […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ