In Short : Adani Green Energy shares rose over 3% after reporting a 31% year-on-year jump in Q1 profit to ₹824 crore. Revenue from power supply climbed 31% to ₹3,312 crore, driven by a 45% rise in operational renewable capacity to 15.8 GW. Strong energy sales and efficient operations boosted investor confidence in the company’s […]
Orient Green Power Company Q1 net profit rises to Rs 9.29 cr – EQ Mag
Total income of the company increased to Rs 79.28 crore in the quarter from Rs 78.19 crore in the same period a year ago Orient Green Power Company on Friday posted a 6 per cent rise in its consolidated net profit to Rs 9.29 crore in the June quarter. The company had reported a consolidated […]
Power giant NTPC’s first quarter profit rises 23 per cent to Rs 4,907 crore – EQ Mag
Total revenue from operations dipped slightly to Rs 43,390.02 crore from Rs 43,560.72 crore in the same period a year ago. State-owned power giant NTPC on Saturday posted over 23 per cent rise in consolidated net profit at Rs 4,907.13 crore for June quarter 2023-24. In the year-ago period, net profit was Rs 3,977.77 crore, […]
JSW Energy Reports Over 48% Decline in Net Profit to Rs 290 Crore in Q1 – EQ Mag
JSW Energy said short-term sales were lower in the quarter under review due to an unfavourable base effect from the last financial year Sajjan-Jindal promoted JSW Energy on Friday reported a 48 per cent decline in its consolidated net profit, owing to weakness in its hydro energy, short-term sales, and coal segments, along with charges […]
PFC Q1 Financial Results; Register’s profit of ₹2,110 crore – EQ Mag Pro
Power Finance Corporation of India reported a stand-alone profit of Rs. 2,110 crore for Q1’23. New Delhi: Power Finance Corporation of India today reported a profit in its First quarter of the financial year 2023. The company’s stand-alone profit registers a growth of Rs. 2,110 crore for Q1’23. On a consolidated basis, the PAT for […]
Neoen energy storage revenue surges amid new project commissioning – EQ Mag Pro
Neoen recorded a near three-fold increase in revenue from its energy storage segment in Q1 2022. The independent power producer (IPP) recorded total revenues of €109.1 million (US$115 million) in the opening quarter of this year, its battery storage revenue climbing to €14 million. Neoen said the rise in revenue was mainly attributable to the […]
String + Central Inverter Import In to India Q1 Of CY 2020-21
String + Central Inverter Import In to India Q1 Of CY 2020-21. The total value of combined String and Central Inverter imports into India excluding “Make in India” products in Q1 2021 were around $46.5 Million (₹344 crore). The top supplier in this category was Sungrow, Kehua Tech followed by Sofarsolar. ….…………. for more click […]
Vietnam’s Renewable Energy Output up Nearly 160 Percent in Q1
HANOI : Vietnam’s total output of electricity from renewable sources hit 9.5 billion kWh in the first four months of 2021, up 156.9 per cent year-on-year, and accounting for 11.8 per cent of the total electricity output, according to a report by Vietnam Electricity (EVN). The electricity output from solar energy alone reached 8.73 billion […]
