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Waaree Renewable Tech debuts successfully on NSE, boosts growth prospects – EQ

In Short : Waaree Renewable Technologies Ltd. made a successful debut on the NSE, boosting its growth trajectory. With 1.82 GW of completed solar EPC work and 1.7 GW ongoing, the company recently secured a 2 GW project in Rajasthan. The listing enhances credibility and funding access, supporting Waaree’s plans to scale solar capacity and […]

CPDL Signs MoU with CCA Punjab to Supply Renewable Energy – EQ

Sterling and Wilson Renewable Energy shares fall 4 pc – EQ Mag Pro

Shares of Sterling and Wilson Renewable Energy on Friday dropped nearly 4 per cent after Shapoorji Pallonji and Company proposed to offload 1.25 pc stake in the firm. The company’s shares fell 3.31 per cent to end at Rs 279.05 apiece on the BSE. During the day, stock opened on a muted note at Rs […]

CPDL Signs MoU with CCA Punjab to Supply Renewable Energy – EQ

Discoms’ Outstanding Dues to Gencos Fall 3% to Rs 78,379 Cr in March

Total dues owed by electricity distribution companies to power producers fell 3.4 per cent to Rs 78,379 crore in March 2021 as compared to the year-ago period, showing a reversal of discoms’ growing outstandings. Outstanding dues of discoms towards electricity producers have been increasing year-on-year as well as month-on-month for years showing perennial stress in […]

CPDL Signs MoU with CCA Punjab to Supply Renewable Energy – EQ

Rs 7,735 cr PowerGrid InvIT IPO subscribed 4.83 times on last day

The IPO comprised a fresh issue of shares worth Rs 4,993.48 crore and an offer for sale to the tune of Rs 2,741.50 crore by selling shareholders. New Delhi: The initial public offer of PowerGrid Infrastructure Investment Trust was subscribed 4.83 times on the last day of subscription on Monday. The Rs 7,735-crore issue received […]

CPDL Signs MoU with CCA Punjab to Supply Renewable Energy – EQ

NTPC to raise Rs 3,996 cr via bonds

The state-run power major will raise Rs 3,996 crore through issuance of non-convertible bonds on Tuesday. The state-run power major will issue unsecured non-convertible bonds of Rs 3,996 crore on 20 April 2021, through private placement. The bonds will be issued at a coupon of 6.87% per annum with a door-to-door maturity of 15 years […]

PM Modi Praises Manipur Resident for Innovative Solar Solution to Power Crisis – EQ

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 […]

Union Minister Shri Pralhad Joshi released Indian Standard for Electric Agricultural Tractor – EQ