Stocks to Watch, Feb 19, 2025: From Airtel to L&T, here is a list of few stocks that will remain in focus today
Stocks to Watch, Feb 18, 2025: Airtel, NTPC, Power Grid and other stocks will be on investors' radar today
Transmission bottlenecks have been cited as a key challenge to the growth of the renewables industry across the globe, with demand for grid equipment overwhelming supplies
Estonia, Latvia and Lithuania disconnected from the IPS/UPS joint network and, subject to last-minute tests
Power Grid's consolidated profit dropped 4.1 per cent year-on-year (Y-o-Y) to Rs 3,861.6 crore in the December quarter of financial year 2025 (Q3FY25), from Rs 4,028.3 crore in Q3FY24
FIIs sold shares worth Rs 3,958.37 crore on February 3, while DIIs bought shares worth 2,708.23 crore
The Centre on Friday assured support to Telangana to enhance the "resilience of the power grid" and ensure reliable electricity supply across the state. As per an official statement Friday, Union Minister for Power Shi Manohar Lal has assured support for nine new schemes under the Power System Development Fund with a total investment of Rs 488 crore. During a review meeting held with the Chief Minister of Telangana and state officials, the Minister emphasized the importance of the state government liquidating its legacy government department dues to be paid to DISCOMs as per the committed trajectory and for ensuring timely payment of current dues, Ministry of Power said in a statement. "The Minister assured support for nine new schemes under the Power System Development Fund, with a total investment of Rs 488 crore, aimed at enhancing the resilience of the power grid and ensuring reliable electricity supply across the state of Telangana," it said. To assist this, Lal said the Centr
The uptick in Jyoti Structures share price came after the company announced that it has received a Notification of Award (NoA) for a project worth Rs 741.28 crore in Khavda, Gujarat, from Power Grid
In 2024, solar power spearheaded this growth with addition of 24.54 GW, registering 33.47 per cent year-on-year (Y-o-Y) rise in its cumulative installed capacity to 97.86 GW in 2024
Shares of Power Grid Corporation India gained up to 2.58 per cent at Rs 323.20 a piece on the BSE in Thursday's intraday
Infrastructure bonds have a tenor of at least seven years and the proceeds are utilised by banks to fund long-term infrastructure projects
Power Grid on Wednesday said it has acquired a project-specific special purpose vehicle for evacuation of power from Bhadla-III power station in Rajasthan. In a BSE filing, Power Grid said it emerged as the successful bidder for the said project after competing with other private sector players in a tariff-based competitive bidding (TBCB) process. "Power Grid has acquired Bhadla-III Power Transmission for establishing the transmission system associated with additional transmission system for evacuation of power from Bhadla-III PS as Part of Rajasthan REZ Phase-III Scheme (20 GW)," it said. The Project is an Inter State Transmission System Project and is to be commissioned in 18 months from the date of transfer of the SPV.
State-owned Power Grid Corporation on Friday said it has received shareholders' approval to raise the borrowing limit to Rs 15,000 crore for the 2024-25 fiscal year. The approval was received at its annual general meeting held on Thursday, the company said. Based on the consolidated report of the scrutiniser, all resolutions as set out in the notice of 35th annual general meeting read with addendum to the notice dated August 12, 2024, have been duly approved by shareholders with requisite majority, according to a BSE filing. The company said shareholders approved the resolution to enhance the borrowing limit from Rs 12,000 crore to Rs 15,000 crore, from the domestic market through the issue of secured/unsecured, non-convertible, cumulative/non-cumulative, redeemable, taxable/tax-free debentures/bonds under private placement for the 2024-25 financial year, it stated. The shareholders also approved the proposal to raise funds up to Rs 16,000 crore, from domestic market through the ..
The company is actively exploring opportunities to undertake transmission projects on BOOM model for RE developers, distribution licensees, and bulk consumers with advanced discussions underway.
State-run Power Grid is planning an undersea interconnection worth up to Rs 40,000 crore with countries in the Middle East, a top official said on Monday. After the soft June quarter, which witnessed revenues being almost flat, the company sees the topline inching by only 4-5 per cent in FY25, its chairman and managing director R K Tyagi told reporters here after the earnings announcement on Friday. The company plans to invest Rs 18,000 crore this fiscal year, which will help accelerate the growth rate going forward, Tyagi said, explaining that as projects become older, the earnings from transmission projects go down and the company has to keep commissioning new projects to have higher revenue growths. On the interconnected projects front, it is looking at companies beyond the immediate neighbourhood and will be looking at countries in the Middle East, Tyagi said. He specified that discussions are ongoing with Oman, Saudi Arabia and the UAE for the interconnection. The company has
In Asia, Japan's Nikkei traded up 0.27%, Hong Kong's Hang Seng rose 0.85%, and South Korea's Kospi increased 0.90%, while Shanghai Composite and Asia Dow traded flat on Friday morning.
The private operator of Puerto Rico's power grid confirmed Monday the deferral of $65 million worth of maintenance and improvement projects in the U.S. territory, with some repairs postponed for at least a year because of budget constraints, putting at risk the already troubled grid and sparking a widespread outcry. Some of the deferred projects include maintenance of more than 100,000 light posts, fire mitigation and repairs on underground circuits, among other improvements. Luma Energy's head of regulatory affairs, Mario Hurtado, told The Associated Press on Monday that the suspended projects, which he aims to bring back next year, risk more outages across the island. The risk is always that there will be more failures in terms of public lighting, Hurtado said. At a budget hearing on Friday, Hurtado said Luma Energy prioritized other tasks based on professional judgment, which they consider calculated risks. The lack of fire mitigation puts the grid at risk as hotter temperature
Delhi power outage news: The power restoration process has begun and electricity is now gradually returning to different areas, Delhi Minister Atishi said
There is a bullish butterfly pattern seen on hourly scale so based on these signals, we advise investors / traders to "go long" in Indian Hotels Company within the price range of Rs 545-555 per share
In the current market scenario, a significant event is unfolding within Power Grid