Tata Power Q1 Results: Profit jumps 90% to Rs 883.54 crore; firm plans Rs 14,000 crore capex in FY23"This is aptly reflected in our 11th consecutive quarter of PAT (profit after tax) growth. We have a robust growth trajectory with stable l...
PTC India Financial Services recovers Rs 127 crore from NRSS XXXVI TransmissionPFS would recover a total of Rs 135 crore, which is about 65% of the total loan exposure to NRSS. The balance amount will be credited to th...
Tata Power's Singapore JV wins bid to acquire SEUPTCLTata Power holds 26 per cent stake in the joint venture through its wholly-owned Singapore-based arm Tata Power International Pte Ltd. The ...
Resurgent to acquire 100% stake in a northern transmission projectAccording to the statement, the transaction is a part of stressed transmission asset resolution process initiated by PFS through a competit...
Sterlite Power completes merger of Sterlite Power Grid Ventures with itselfWith this merger, the company further strengthens its position in the marketplace by integrating operations and streamlining the corporate ...
Edelweiss Infra buys road assets of Navayuga for $150 mnThe assets are Navayuga Dhola Infra Projects Limited (Assam) and Navayuga Dibang Infra Projects Private Limited (Arunachal Pradesh).
Adani Transmission, Tata Power in talks with Essel Group to buy its power lineThe talks are at an initial stage and a deal depends on various factors including valuations, state of the project and how much haircut len...
Essel completes first tranche of ZEE stake sale to Invesco OppenheimerSells 8.7% stake in media company; says will complete balance sale in next few days
Sekura, CLP eye Kalpataru’s power transmission assetsThe government has made a proposal for complete electrification of the Indian Railways over the next four years.
Edelweiss Infra-backed Sekura buys Essel’s four Power Transmission Projects for $800 millionSekura is also set to acquire Warora-Kurnool Transmission and NRSS XXXVI Transmission.
Four firms in race for $1 bn Essel Power transmission projectsThe four firms have been shortlisted for negotiations by Essel Infraprojects, which also plans to exit the solar business apart from transm...
PGCIL, Adani, 4 others to bid for Rs 500 crore transmission projectUnder the Northern Region System Strengthening Scheme, the link between Rishikesh and Koteshwar will improve reliability and power supply t...
Sterlite Grid, Burns & McDonnell tie up for implementing transmission projectsBoth the companies will initially work on the 'Northern Region Strengthening Scheme' project which will carry power to Kashmir valley from ...
Rural Electrification Corp Q1 net rises 15% to Rs 1,478.58 croreThe company's net profit in the corresponding quarter of the previous fiscal was Rs 1,282.79 crore, REC Ltd said in a BSE filing.
Power Grid seeks shareholders' nod to raise Rs 13,500 croreState-owned Power Grid has sought the approval of shareholders to raise up to Rs 13,500 crore by way of private placement of bonds in the c...
Sterlite Tech wins 6th UMTP project from governmentSterlite Technologies Ltd said its arm Sterlite Grid Ltd has been awarded sixth ultra- mega transmission project on build-own-operate basis...
- Alstom T&D registers 4.6% growth in Q3 profit
Alstom T&D India registered a 4.6% growth in profit during the quarter ended December 31, 2012 against the previous corresponding period.