Tata Power Company, CESC, Bharat Heavy Electricals (BHEL) and NTPC were quoting at their respective 52-week high levels
The medium-term trend on BSE Power Index is bullish as long as the support of 2,700 is upheld.
Hindustan Petroleum's (HPCL) fourth-quarter profit rose to Rs 3,018 crore from Rs 27 crore a year earlier on big inventory gains
Torrent Power on Thursday posted a consolidated net profit of Rs 398.10 crore in the January-March quarter driven by higher revenues.
However, due to Covid-19 and power sector stress, consolidated income rose marginally by three per cent
To be commissioned in 18 months from the date of PPA, the project will have a tariff of Rs 2.22/kwH for 25 years
Torrent Power on Thursday said Bombay High Court has suspended the tender process for privatisation of a power distribution company in Dadar & Nagar Haveli and Daman & Diu. In February, Torrent Power had emerged as the highest bidder in the tender for power distribution in the Union Territory of Dadra & Nagar Haveli and Daman & Diu. "Torrent Power Ltd had emerged as the highest bidder in the tender for 51 per cent equity stake in power distribution company for the Union Territory of Dadra & Nagar Haveli and Daman & Diu. In this connection, we would like to further inform that Hon'ble Bombay High Court has, inter alia, suspended the tender process in a PIL (Public Interest Litigation) case before the court until further orders in the matter," the company said in a BSE filing. The discom of the UT has annual revenues of about Rs 4,500 crore on sale of around 9,000 million units of electricity every year to 1.5 lakh consumers covering geographical area of 603 ...
Shares of Adani Power were locked in 10 per cent upper circuit at Rs 71.40, surging 28 per in the past three trading days
Promoter PNB said that it will not participate in PNB Housing Finance's capital raising plans
UT of Dadra & Nagar Haveli and Daman & Diu carry annual revenue of Rs 4500 crore from roughly 150,000 consumers
Torrent Power on Thursday posted 73 per cent decline in consolidated net profit at Rs 202.17 crore for September quarter of the current fiscal year
Revenue from operations, however, stood at Rs 3,007.05 crore, down 19.5 per cent against Rs 3,736.13 crore in the June 2019 quarter.
This move by MP govt comes after the union power ministry had clarified electricity generation is an essential service and no state can invoke force majeure to defer payments
The company increased its generation capacity from 3,703 MW to 3,879 MW during the year, with the entire addition in capacity coming from renewable energy
Torrent Power Limited (TPL) has registered a consolidated loss before tax (LBT) of Rs 693.06 crore for the quarter ended March 2020 as against a profit before tax (PBT) of Rs 220.41 crore in the corre
The two companies distribute power in Agra, Noida respectively
Scenario to benefit power exchanges, merchant producers
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
rom Nifty option chain, the next support level for Nifty is seen at 12,000
Torrent Power's total income increased to Rs 3,306.83 crore during October-December 2018, from Rs 2,792.83 crore in the year-ago period