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RIL Stumbled on Higher Green Capex and Potential Negative FCF in the Coming Days

Reliance Industries Ltd (NS:RELI)stumbled almost -4.63% since Thursday (24th June) after its 44th AGM. The primary reason is the green (RE) CAPEX (initial) announced for Rs.75B for the next three years (FY: 23-25), which may cause more negative FCF (Free Cash Flow) for the company and lower ROCE (return of capital employed). The market was […]

Andhra Pradesh will soon become energy storage capital: Minister Gottipati Ravi Kumar – EQ

23 GW of Potential and Growing: How Ladakh Plans to Lead India’s Solar Charge

“The proposed 7.5 GW mega solar energy project in Ladakh will be the region’s greatest contribution to the world in reversing the climate change.”’ Ever since Ladakh was declared a Union Territory, there has been a lot of chatter about its potential benefits. While the administrative modalities are still being finalised, the region has received […]

Andhra Pradesh will soon become energy storage capital: Minister Gottipati Ravi Kumar – EQ