Microsoft has warned that state-sponsored hackers are attacking critical energy infrastructure in India via exploiting a discontinued web server, with the most recent attack observed on Tata Power
Stocks to Watch: Keystone Realtors will debut on the BSE and NSE today. The issue price has been fixed at Rs 541 per share
Supreme Court directed all state regulatory commissions to frame regulations under Section 181 of the electricity act on the terms and conditions for the determination of tariff within three months
After several power outages in Mumbai, the MERC in 2013 gave its approval to the detailed project report of the Aarey-Kudus electricity transmission project of Reliance Energy
Analysts see the renewable energy sector as a long-term structural play given the growing climate awareness and the government's efforts towards adoption of green energy sources
Earlier this year, Power Grid Corporation, Adani Transmission, Tata Power and Torrent Power scaled record highs, but now are seen trading almost 11 - 22 per cent lower from their respective peaks.
Tata Power Renewable Energy said it has received a 'letter of award' to set up a 150 MW solar project in Solapur, Maharashtra. The project will be commissioned within 18 months from the power purchase agreement (PPA) execution date. "Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power receives the 'Letter of Award' (LoA) from the Maharashtra State Electricity Distribution Corporation Ltd (MSEDCL) to set up 150MW solar project in Solapur, Maharashtra," it said in a statement. The LoA was won through tariff-based competitive bidding followed by an e-reverse auction, it added. TPREL CEO Ashish Khanna said, "The award is in line with our commitment to create a sustainable ecosystem for transitioning towards a greener future and affirms our potential to deliver...world-class solar projects." With this, the total renewables capacity of TPREL has reached 5,786 MW with an installed capacity of 3,877 MW (solar - 2,949 MW and wind - 928 MW) and 1,909 MW under various stages
Such direct contracts will assist the carmaker in getting cheap power
CLOSING BELL: The Financial Services, IT, Pharma, Auto, and Consumer Durable indices gained over 1 per cent each, while others added up to 1 per cent
Stocks to Watch today: Reliance Strategic Business Ventures Ltd (RSBVL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), has acquired an additional stake in skyTran Inc for Rs 123.4 crore
Sequentially, revenue declined 3.2 per cent. In the June quarter, the company reported revenue of Rs 14,495 crore and net profit of Rs 795 crore
Three more directors including Eduard Ruijs, the Managing Director and Head of the London based BlackRock Global Infrastructure Fund team, also joined the board.
The adhesive maker's inclusion to be ad hoc; analysts divided over treatment around HDFC's removal
The company did not divulge which systems were impacted
Tata Power on Friday said that a cyber attack has hit its Information Technology (IT) infrastructure and affected its systems. Tata Power Company Limited had a cyber attack on its IT infrastructure impacting some of its IT systems, a BSE filing said. The company has taken steps to retrieve and restore the systems, it informed. All critical operational systems are functioning; however, as a measure of abundant precaution, restricted access and preventive checks have been put in place for employee and customer facing portals and touch points, it added.
Tata Power on Friday announced its plans to develop around 10,000 MW of renewable energy capacity, mainly solar energy, in the next five years in Rajasthan. "Tata Power plans to have a renewable power portfolio of 10,000 MW in the state (Rajasthan in next five years," a company statement said. Participating in the ongoing Invest Rajasthan summit in Jaipur, it stated that it plans to develop up to 8,000 MW of utility scale projects, 1,000 MW of solar rooftop and 1,50,000 solar pumps in next five years in the state. Tata Power, along with its fully-owned subsidiary Tata Power Solar, will expand its presence in the state to generate clean energy through solar power. The company employs more than 4,500 people in the state, and its expansion projects will generate employment for more than 6,000-8,000 people in the next five years. Dr Praveer Sinha, CEO & MD, Tata Power, said in the statement, "Both in terms of potential and what has been done so far, Rajasthan has today emerged as a ..
Adani Green to launch $1 bn bond by December; Tata Power to raise $320 mn this month
Stocks to Watch: State Bank of India (SBI) has clarified that it has not been identified as a nodal bank for handling Russia-related rupee transactions
A day after Odisha Chief Minister Naveen Patnaik appealed to investors from across the country to take advantage of the state's business ecosystem, Tata Power Discoms on Thursday announced to invest Rs 5,000 crore to ensure reliable and quality electricity supply to industries. This was stated by Tata Power's T&D, President, Sanjay Banga during an interaction with PTI here. "We are fully committed to realise the Odisha government's vision of Make in Odisha through reliable and quality power supply to industries," he said, adding that Tata Power Discoms serve 9 million customers across the state. Banga said that Tata Power Odisha Discoms will soon be in a position to provide new industrial connections in a week to 10 days' time based on availability of network . "Thus, we will be supporting the ease of doing business in the state. The company has already extended the facility of availing new service connection through WhatsApp and missed call services to its customers," he ...
Stocks to Watch: Investors Gray Birch, Plenty PE & Multiples PE may sell up to 7.74 per cent stake in PVR today in a price range of Rs 1,852-1,929/share, as per reports