Global green capital presents a multi-billion-dollar opportunity for Indian power sector giants such as NTPC and Tata Power to fund their clean energy transitions.
Stock market live updates: As of 7:45 AM, the SGX Nifty Futures quoted at 16,475 levels, indicating a downside of 8 odd-points on the Nifty50.
Stocks to watch today: Bajaj Finance, Tata Motors, and Maruti Suzuki will report their June quarter results on Wednesday, July 27; United Spirits reported five-fold jump in net profit in Q1FY23.
In the year-ago period, Tata Power reported a consolidated net profit of Rs 391.03 crore
Tata Power CEO and MD Praveer Sinha said the company's all "business clusters" namely generation, transmission, distribution and renewables performed well.
The proposed combination relates to the acquisition of up to 11.43% stake in TPREL by Greenforest New Energies Bidco, an investment vehicle jointly run by BlackRock and Mubadala Investment Company
Unlisted firm Tata Power Renewables Energy plans to raise Rs 6,000 cr; Both Blackrock and Mubadala had invested $525 million this April for 10.5% stake
Tata Power on Friday said it will give training to 3,000 youths this fiscal in the field of renewable industry. The company aims to train a total of 5,000 youths by 2025 to work in the sector, Tata Power said in a statement. "Tata Power Skill Development Institute ( TPSDI) has so far trained 1.4 lakh people across its courses both conventional and renewable energy technology. It is expanding its training initiatives to equip youth with skills for green energy jobs. The institute has planned to train around 3,000 youths in FY23 and around 5,000 by 2025," it said. The training will be offered in solar photovoltaic for electric vehicle charging, installation and maintenance of rooftop solar photovoltaic, installation of smart meters, and home automation to promote smart and efficient energy related expertise across its six training centres at Shahad, Trombay, Vidyavihar, Maithon, Mundra, and Jojobera. "India is making significant strides toward achieving its clean energy goals and ...
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CLOSING BELL: L&T, PowerGrid, NTPC, ICICI Bank, DR Reddy's Labs, Axis Bank, Bharti Airtel, and Nestle India were the top large-cap gainers
Stocks to watch today: IT behemoth Tata Consultancy Services (TCS) is slated to report June quarter 2022 numbers (Q1FY23); Dr Reddy's received two observations from USFDA for its Andhra plant
Company advances net-zero carbon target by five years, saying will achieve it by 2045
The MoU is for setting up a greenfield 4GW solar cell and 4GW solar module manufacturing plant in Tirunelveli district of Tamil Nadu
Tata Power on Monday announced that it has inked a pact with the Tamil Nadu government to invest Rs 3,000 crore for setting up a facility to manufacture solar cells and modules in Tirunelveli
Delhi's power purchase cost has risen by 300% since 2014 but the tariff has only risen by 90%
In a Q&A Ashish Khanna, president, Tata Power Renewables talks about the road ahead for the company in the renewables space in India
Among other Tata Group stocks, Tata Steel, Tata Power and Titan look weak on the charts, and are likely to see more downside.
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In a chat with Business Standard's S Dinakar, president of Tata Power Renewables Ashish Khanna tells about how the company is gearing up to meet the challenge facing India's ambitious energy targets