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Shares of Anil Ambani-led Reliance Power on Friday hit the lower circuit of 5 per cent at Rs 41.58 after the Solar Energy Corporation of India (SECI) debarred the company from floating any tender for the next three years for allegedly submitting fake documents. According to the SECI, "Reliance Power and its subsidiary Reliance NU BESS were banned after it became the lowest bidder for a project based on fake documents". A statement issued by SECI said that as per the req...
Reliance Power`s stock hits 5 pc lower circuit after SECI ban
JSW Energy is currently trading at Rs. 713.50, up by 9.30 points or 1.32% from its previous closing of Rs. 704.20 on the BSE. The scrip opened at Rs. 718.20 and has touched a high and low of Rs. 725.55 and Rs. 704.00 respectively. So far 21204 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 752.40 on 01-Jul-2024 and a 52 week low of Rs. 284.95 on 24-Jul-2023. Last one week high and low of the scrip stood at Rs....
JSW Energy shines as its arm receives LoA for ISTS-connected Solar Power Project from SECI
The Ministry of New and Renewable Energy on Friday announced that the capacity of Tranche-II under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme will be 450,000 TPA (tonnes per annum) of Green Hydrogen, with 40,000 TPA capacity reserved for biomass-based pathways (bucket-II) and the rest for technology agnostic pathways (bucket-I). Solar Energy Corporation of India (SECI) is the implementing agency for this tranche as well. The Request for Selection (Rf...
Government sets ball rolling for Tranche-II green hydrogen projects
The Solar Energy Corporation of India (SECI) is likely to float a tender for 500 megawatt (MW) of solar thermal capacity by the end of 2024-25, company chairman R.P. Gupta said on Wednesday. "This will be the first time in India that such a tender would be floated on this scale. The projects under the 500 MW tender will have advanced technology where steam would be generated through heat and it would also help in running turbines," the SECI chief said while addressin...
SECI plans 500 MW solar thermal capacity tender in 2024-25 in big push to green energy
NBCC (India) Ltd said on Wednesday that it has recorded its highest-ever revenue of Rs 1,905 crore with the sale of 4.8 lakh sq ft of commercial space in the 25th e-auction for WTC Nauroji Nagar in South Delhi. Power Finance Corporation Limited, Security Printing and Minting Corporation of India Limited and Solar Energy Corporation of India Limited are the major organizations that bought space during this e-auction. Out of the total area sold, around 4.38 lakh square feet having a value...
NBCC earns record Rs 1,905 crore in e-auction for commercial space in Delhi`s WTC
Adani Green Energy Limited (AGEL) on Wednesday said it has commissioned a 180 MW solar power plant at Devikot in Jaisalmer, Rajasthan. The plant will produce approximately 540 million electricity units annually, powering over 1.1 lakh homes and reducing around 0.39 million tonnes of CO2 emissions, the company said in a statement. The plant has a 25-year power purchase agreement with the Solar Energy Corporation of India (SECI). With the successful commissioning of this plant, AGEL...
Adani Green`s solar power plant to produce 540 mn units annually operationalised in Rajasthan
JSW Energy is currently trading at Rs. 485.75, up by 9.90 points or 2.08% from its previous closing of Rs. 475.85 on the BSE. The scrip opened at Rs. 485.00 and has touched a high and low of Rs. 486.95 and Rs. 473.00 respectively. So far 82317 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 537.90 on 26-Feb-2024 and a 52 week low of Rs. 220.65 on 28-Mar-2023. Last one week high and low of the scrip stood at Rs....
JSW Energy surges as its arm receives LoA for ISTS-connected solar capacity from SECI
Adani Green Energy is currently trading at Rs. 1840.80, up by 114.25 points or 6.62% from its previous closing of Rs. 1726.55 on the BSE. The scrip opened at Rs. 1716.05 and has touched a high and low of Rs. 1875.00 and Rs. 1661.20 respectively. So far 145947 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2016.00 on 27-Feb-2024 and a 52 week low of Rs. 715.00 on 15-Mar-2023. Last one week high and low of the s...
Adani Green Energy climbs as its arm inks PPAs with Solar Energy Corporation of India
The Adani Portfolio of companies on Thursday reported a record quarterly profit growth of 63.6 per cent (year-on-year), as trailing 12-month EBITDA (as of December 2023) stood at Rs 78,823 crore ($9.5 billion), which is 2.5 times the EBITDA in FY21 and 37.8 per cent higher than FY23 EBITDA. The company said that high liquidity is maintained with a healthy cash balance of Rs 44,572 crore ($5.4 billion) at the end of December 31, 2023. The core infrastructure platform generated Rs 66,208 ...
Adani Portfolio posts record 63.6 per cent profit growth, sets stage for unrivalled green investments
The Adani Green Energy Ltd (AGEL) has executed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) 1,799-MW solar power for a period of 25 years, an official said on Monday. With this, the AGEL has completed the power offtake tie-up for the entire 8,000-MW manufacturing-linked solar tender awarded by the SECI in June 2020, which was the world’s largest tender for solar power. AGEL CEO Amit Singh said that the company has concluded the largest green P...
Adani Green Energy Ltd completes PPA with SECI for 8000-MW solar power
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