Additionally, financial impact is limited to the demand amount and shall have no material impact on its overall operations.
The LOA has been issued for procuring 1,250 MW of energy storage capacity from Pumped Hydro Storage Projects.
The project consists of various buildings, such as the academic block, hostel block, residential block, director's residence, vertical extension of hostels and academic buildings and external development work.
The order, valued at ₹389.36 crore, comprises supply of towers, survey, soil investigation, foundation, erection, stringing, testing and commissioning of a 765 kV DC transmission line (Boisar II-Pune III) on a turnkey basis.
Dr Reddy's Laboratories third quarter net profit rose 2.5% year-on-year (YoY) to ₹1,413.3 crore.
Investors with very high risk appetite should invest in the Motilal Oswal Active Momentum Fund for 5 to 7 years.
Iran, a major player in the Organization of the Petroleum Exporting Countries (OPEC), produced 3.2 million barrels per day in January, according to a Reuters survey.
This shall include a dilution of the Government of India’s shareholding in IREDA by up to 7% following issue.
The Assam government will also help in identifying and providing around 20,000 acres of encumbrance-free government land on a lease basis for project development.
It is classified as a one-off order for renewable energy projects in India. The solar modules will be delivered between FY 2025-26.

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