Power Financial News

11.08 / 10:49

UPS Power Jindal Steel & Power Q1 Results: Net profit falls 14.4% on year to ₹1,686.94 crore

₹1,686.94 crore. The company had reported a profit of ₹1,970.13 crore in the year-ago period.

11.08 / 08:44

UPS Mobile Tapestry Illumina Hanesbrands Power fall AppLovin, Wynn Resorts rise; Tapestry, Plug Power fall, Thursday, 8/10/2023

Stocks that traded heavily or had substantial price changes Thursday: AppLovin, Wynn Resorts rise; Tapestry, Plug Power fall

11.08 / 04:47

SUN NIFTY SENSEX KPI Power Stock market update: Power stocks down as market falls

Alstom T&D India(up 4.99%), NLC India(up 3.72%), SJVN(up 2.57%), DPSC(up 2.09%), Karma Energy(up 2.06%), CESC(up 1.81%), Jaiprakash Power Ventures(up 1.31%), Adani Transmissions(up 1.29%), Voltamp Transformers(up 1.25%) and NHPC(up 1.21%) were among the top gainers. Transformers and Rectifiers(India)(down 9.79%), KPI Green Energy(down 4.10%), Gujarat Industries Power(down 3.05%), JSW Energy(down 3.05%), Torrent Power(down 2.77%), Inox wind(down 2.07%), Indo Tech Transformers(down 1.58%), Inox Wind Energy(down 1.13%), Indowind Energy(down 1.08%) and RTNPOWER(down 1.04%) were among the top losers.

10.08 / 17:27

Artificial Intelligence Crypto Presale LPX Power Trade Like a Pro with Launchpad xyz: Unleash the Power of AI and Maximize Your Profit Potential

An exciting new crypto start-up called Launchpad xyz is here to help you trade like a pro.

10.08 / 17:19

Provident exclusive Power 500 NEEPCO abandons 500 MW thermal power project in Meghalaya

North Eastern Electric Power Corporation Limited (NEEPCO) has conveyed its decision to withdraw from the implementation of a proposed 500 megawatt thermal power project in Meghalaya. According to Power Minister AT Mondal, NEEPCO communicated its intention to terminate the thermal power project, highlighting a shift in focus towards exclusively green and clean energy endeavours.

10.08 / 14:05

HAL Pride country social gay Power PM Modi mentions 'secret power' of Opposition, says 'anyone for whom it wishes ill is blessed instead'

Narendra Modi on 10 August took a swipe at the Opposition saying they have a secret blessing and that good will happen with those for whom they wish bad. Replying on the no-confidence motion debate brought in by the Opposition, PM Modi said in Lok Sabha, "Opposition people have a secret blessing and that is good will happen with those for whom they wish bad." In his speech, PM Modi mentioned three blessings the Opposition has. The first example he mentioned is about himself who is in power for past 20 years.

10.08 / 14:05

Target MET CEO Power clean energy Tata Power Delhi Distribution achieves 26% clean energy procurement for third consecutive year

Tata Power Delhi Distribution on Thursday said it has fulfilled its renewable purchase obligation for the third year in a row and bought 26% of electricity from clean energy sources in 2022-23. Under the Renewable Purchase Obligation (RPO), discoms are required to source a fixed percentage of their total power purchase from renewable energy sources. ''Tata Power Delhi Distribution Ltd has fulfilled the RPO for the third consecutive year, a unique feat for any discom in the country,'' the company said in a statement.

10.08 / 14:05

Provident FIVE Orange Immunic Instagram Power Roastea Unveils Super Power Coffee Infused with Ayurvedic Ingredients

Roastea's Super Power Coffee, the first-of-its-kind in India, combines the irresistible allure of coffee with the ancient wisdom of Ayurveda. This unique fusion is poised to leave coffee enthusiasts buzzing with excitement and newfound vitality. Chaitanya Bhamidipaty, Co-founder and Director of Roastea expressed his enthusiasm for this revolutionary beverage, stating, "Super Power Coffee isn't just a drink; it's an experience that elevates your senses.

10.08 / 12:33

UPS Target Action country Power Govt has no plans to phase out old coal-based power plants: RK Singh

renewable energy minister R K Singh said. He added that the Central Electricity Authority had in January 2023 suggested no retirement or re-purposing of coal-based power stations will be done before 2030, considering the expected energy demand scenario and availability of capacity in future.

10.08 / 07:59

UPS Citi Provident cover Power Backed Courts Spin City! TPG-backed Morrow Sodali courts power PR firm Domestique

Domestique – the corporate communications firm founded and run by Lauren Thompson, Jim Kelly and Ross Thornton – is in the crosshairs of private equity-backed shareholder engagement and governance advisory firm Morrow Sodali.

10.08 / 05:03

UPS NIFTY SENSEX Nestle Power Stock market update: Power stocks up as market falls

Transformers and Rectifiers(India)(up 6.08%), Jaiprakash Power Ventures(up 5.48%), Alstom T&D India(up 4.99%), Indo Tech Transformers(up 4.99%), Suzlon Energy(up 4.62%), JSW Energy(up 3.79%), SJVN(up 3.12%), Tata Power Company(up 2.17%), DPSC(up 1.75%) and GE Power India Limited(up 1.55%) were among the top gainers. Karma Energy(down 4.32%), Inox wind(down 3.06%), Indowind Energy(down 2.78%), Reliance Power(down 2.74%), Inox Wind Energy(down 2.13%), NLC India(down 0.75%), Gujarat Industries Power(down 0.21%) and NHPC(down 0.10%) were among the top losers.

10.08 / 03:09

Provident Extreme Mobile Tesla Chevrolet show Power GM will add backup power function to its electric vehicles

General Motors said Tuesday that it planned to equip all of its electric cars and trucks with the ability to act as backup power supplies during blackouts. The decision to install two-way charging technology in Chevrolet, Cadillac and GMC electric cars and trucks, enabling them to power homes in an emergency, shows how carmakers are marketing the vehicles as being not just cleaner than their gasoline counterparts, but also more practical. The technology will begin appearing in vehicles this year, including an electric version of the Silverado pickup and an electric Cadillac Escalade, which GM will unveil Wednesday.

09.08 / 23:53

Waves Power Texas power use hits record again amid heat wave

(Reuters) — Demand for power in Texas hit a record high on Wednesday for the second time this week and ninth time this summer as homes and businesses powered their air conditioners to escape a lingering heat wave.

09.08 / 18:51

UPS Target Progressive Manufacturing Align Power Waaree Renewable eyes power generation

Waaree Renewable Technologies Ltd is looking to venture into power generation, aligning with India’s drive towards renewable energy, said Hitesh Mehta, executive director and chief financial officer, Waaree Renewable, in an interview. The company is in talks with potential partners, however, no definitive progress has so far been made, he added. Waaree Renewable Technologies is the solar engineering, procurement and construction (EPC) subsidiary of the Waaree Group that is involved in ownership, financing, construction as well as operation of solar projects.

09.08 / 17:53

UPS Progressive CEO Strategy Enterprise performer Power Tata Power PAT up 29% in Q1

₹1,141 crore as compared to ₹884 crore during the same period last year. The company attributed its performance to sustained business growth across all clusters, but profits from its coal companies have reduced. “We have been able to get orders of 1,200 MW in Q1.

09.08 / 15:53

Power NOT Article 370 not repository of untrammelled power but medium through which Constitution applied to JK: SC told

Supreme Court was told on Wednesday. A five-judge constitution bench headed by Chief Justice DY Chandrachud was told by senior advocate Gopal Subramanium, appearing for petitioner Muzaffar Iqbal Khan, that the Jammu and Kashmir constituent assembly did not want to abrogate Article 370 and instead permitted its continuance.

09.08 / 12:41

UPS Progressive CEO Strategy Enterprise performer Power Tata Power Q1 Results: Net profit rises 22.4% on year to ₹972.49 crore

Tata Power Ltd on Wednesday reported an 22.4% year-on-year rise in its consolidated net profit (profit attributable to owners of the company) for the fiscal's first quarter ended June (Q1FY24) to ₹972.49 crore. The company had reported a profit of ₹794.60 crore in the year-ago period. Sequentially, consolidated net profit was up 25% from ₹777.73 crore in Q4FY23.

09.08 / 12:41

Parke Power Solar India’s solar parks generate 10.2 GW power nationwide: Minister

₹8,100 crores. The scheme has been extended till the fiscal year 2025-26, without any additional financial outlay.

09.08 / 12:01

COST Bottomline Power Tata Power Q1 Results: PAT jumps 22% YoY to Rs 972 crore, sales rise 5%

Tata Power on Wednesday reported a 22.4% year-on-year (YoY) rise in consolidated net profit for the quarter ended June 2023 to Rs 972.49 crore. Consolidated revenue from operations grew nearly 5% YoY to Rs 15,213.29 crore.

09.08 / 08:23

COST Target Cooper Fighting Edison performer Power Biden's carbon proposal is unworkable, US power sector warns

By Nichola Groom and Valerie Volcovici

09.08 / 07:27

UPS Lowe's NIFTY SENSEX Power fall Adani Power shares fall 0.49% as Nifty drops

Adani Power Ltd. traded 0.49 per cent down at Rs 278.9 on Wednesday at around 12:38PM (IST), while the benchmark BSE Sensex declined 287.8 points to 65558.7. As many as 497,541 shares changed hands on the counter with a total value of Rs 1390.0 crore.

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