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Tag: renewable energy

Sahaj Solar IPO oversubscribed more than 12 times on the first day of bidding; Retail investors take the spotlight. Check GMP

Sahaj Solar IPO subscriptions began on Thursday, July 11, and they will remain open until Monday, July 15. With a face value of ₹10, the initial public offering (IPO) pricing range for Sahaj Solar is ₹171 to ₹180 per share. At least 800 shares are up for grabs, and multiples of those shares are also…

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IREDA’s share price jumps 4% following ₹1,500 cr raised through bond issuance

IREDA share price: On June 24, after the Indian Renewable Energy Development Agency (IREDA) announced that it will be issuing bonds to raise ₹1,500 crore, the company’s shares increased by more than 4%. The state-run company issued ₹1,000 crore in green shoe bonds in addition to a ₹500 crore base offering. As to IREDA’s exchange…

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Tata Power’s net profit increases by 11%

Between Q4FY23 and Q4FY24, Tata Power profit after tax (PAT) increased by 11% to Rs 1,046 crore from Rs 939 crore. Rs 950 crore in profit was projected by analysts. With revenues of Rs 16,256 crore, up 27% from analyst predictions of Rs 16,009 crore, the firm exceeded expectations slightly. While revenues for the entire…

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Adani Green Energy surpasses 10,000 MW of renewable energy, making it the first in India. Gautam Adani is proud to be the country’s first “das hazari.”

Adani Green Energy: Gautam Adani announced plans to construct the world’s largest renewable energy plant in Khavda, aiming for 45,000 MW by 2030. With an operational portfolio of 10,934 megawatt (MW), energy company Adani Green Energy has surpassed 10,000 MW of renewable energy to become the first in the nation. The first “das hazari” in…

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IREDA shares under spotlight before board meeting for fundraising initiatives today

IREDA shares: The Indian Renewable Energy Development Agency Ltd. (IREDA) stock will be closely watched on Friday, as the board of the company is expected to discuss strategies for obtaining capital from both local and foreign sources. The recently listed PSU player disclosed this information on Thursday through an exchange filing. IREDA shares under spotlight…

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Adani Green Energy plans to expand renewable capacity by 30 GW at Khavda by FY29

Adani Green Energy: While operationalizing 1 GW of solar energy at the site, Adani Green Energy (AGEL), the Adani Group’s renewable energy division, plans to add 30 GW of operating capacity at its Khavda plant in Gujarat by FY29. An announcement said that the company will increase its renewable capacity by 2 GW this year,…

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