SITC of Solar Tree Based on PV Power Generation System at New Delhi. For more information please see below link:
Huawei Launches Initiatives to Provide COVID-19 Related Healthcare Services to Employees in India
To begin with, Huawei has set up an Emergency Team to handle COVID-related concerns of employees and to provide hospitalisation support to them, in addition to setting up a dedicated portal for COVID-19 care. NEW DELHI: Technology giant Huawei Technologies India, the company’s R&D Centre located in Bengaluru, Monday launched a range of programs to […]
Power Consumption Grows Nearly 19 pc in 1st Fortnight of May
During the first fortnight of May this year (from May 1 to 14), peak power demand met or the highest supply in a day touched the highest level of 168.78 GW New Delhi: Power consumption in the country grew by around 19 per cent in the first fortnight of May to 51.67 billion units (BU) […]
PowerGrid InvIT Ends With 3 Per Cent Premium in Debut Trade
The stock made its debut at Rs 104, registering a gain of 4 per cent on the BSE. It further jumped 4.97 per cent to Rs 104.97 during the day. It closed at Rs 103, higher by 3 per cent. NEW DELHI: PowerGrid Infrastructure Investment Trust closed the trade with a premium of 3 per […]
IEX Clocks Highest Trade Volume of 22.42 BU in March Quarter
According to the statement, the Q4FY’21 ended on March 31, 2021, saw the highest-ever quarterly electricity volume at 22.4 BU and also highest-ever year-on-year (YoY) growth of 62.1 per cent. NEW DELHI: The Indian Energy Exchange (IEX) recorded the highest power trade volume or sales of 22.42 billion units (BU) in the March quarter with […]
IEX Posts Q4 Revenue at Rs 102 Crore on Rising Transactions
New Delhi : Indian Energy Exchange (IEX) said on friday its standalone revenue for the january to march quarter grew by 28 per cent to Rs 102 crore from Rs 79 crore in Q4 FY20 dut to 41 per cent increase in transaction revenue. For the fiscal year 2021, the growth was over 20 per […]
Borosil Renewables Q4 results: Net Profit Jumps to Rs 67 Crore
NEW DELHI: Borosil NSE -2.42 % Renewables on Wednesday posted multifold jump in net profit to Rs 66.87 crore for March quarter 2020-21 mainly on the back of higher revenues. The company had reported a net profit of Rs 4.05 crore for the year-ago period, a BSE filing said. Total income rose to Rs 196.90 […]
Copper Hits Lifetime High Over Bets on Green Energy
Investors are betting that copper’s vital role in the world’s shift to green energy will mean surging demand and even higher prices. New Delhi: Copper soared this week to an all-time high, continuing a sizzling rally that’s seen prices double in the past year. The previous copper record was set in 2011, around the peak […]
Electric Vehicles Will be Cheaper Than Combustion by 2027: Study
Carmakers are shifting en masse to electric and hybrid models in order to bring average fleet emissions under a European Union limit of 95 grams of carbon dioxide per kilometre, or face heavy penalties. New Delhi: Electric cars will be cheaper to build than fossil fuel vehicles across Europe within six years and could represent […]
JSPL Prepays Rs 2,462 Crore to Lenders, Eyes Becoming Net Debt Free
The prepayment of debt is in continuation of the company’s long stated financial strategy of debt reduction and building a robust balance sheet with optimum capital mix. New Delhi: Domestic steel and power producer JSPL on Monday announced that it has made a prepayment of Rs 2,462 crore to its term lenders. The prepayment of […]