The agreement allows RVNL and Patel Engineering to collaborate on specific hydro and infrastructure projects as opportunities arise.
NLCIL's solar project is expected to create approximately 1,300 Crore units of green power and offset 90 lakh tonnes of carbon emissions.
H.G. Infra Engineering shares have increased up to 87% in 2024, compared to the benchmark Nifty50's 14% return during the same period.
The company intends to raise funds through a variety of means, including a private placement, one or more qualified institutional placements.
In June, the state-run construction company secured a ₹70 Crore order from Grid Controller of India Ltd.
IRFC shares, like RVNL, are trading up 2%. The railway financier will also release its quarterly earnings later this evening.
Ashoka Buildcon Ltd works in the construction and infrastructure facilities sectors, using both the EPC and build-operate-transfer methods.
EBITDA increased by 14.8% to ₹103.4 Crore in the first quarter of this fiscal year, up from ₹90.1 Crore the previous year.
NTPC commissioned India's first Ultra Supercritical Power Plant in Madhya Pradesh, with a capacity of 660 MW, in 2019.
Gensol Engineering reported an almost threefold increase in total net profit to ₹20 Crore during the March 2024 quarter.

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