This solar initiative is poised to become the largest campus-based solar facility within the state, as confirmed through a regulatory filing by the company
AESL stated that this acquisition aligns with its strategy to enhance value for shareholders through both organic and inorganic opportunities
On Wednesday, JSW Investments sold 2.1 crore shares.
Consolidated revenue climbed 17.6% sequentially from Rs 12,737.37 crore in the previous quarter.
NHPC will need about Rs 5,000 crore to acquire NEEPCO, a wholly-owned subsidiary of NTPC
The funds will be used to meet the capex requirements.
A project of this size can supply electricity to 65,000 families.
The company’s operating profit EBITDA climbed 18% year-on-year to Rs 1,307 crore.
Adani recently raised $2.8 billion in capital.
With this, installed capacity of NTPC Limited stands at 57,038 MW.
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