Power Sector

Techno Electric & Engineering Company Ltd said on Friday (16 August) that it has teamed with Indigrid to jointly construct two of Indigrid's greenfield Interstate Transmission System (ISTS) projects.

Genus Power Infrastructures Ltd.'s shares are trading at a 5% premium after its wholly-owned subsidiary received three Letters of Award.

In the first quarter of this fiscal, EBITDA decreased by 2.8% to ₹1,462.6 Crore compared to ₹1,504.6 Crore in the same period last year.

The board of directors authorised Shveta Arya's appointment as an additional director and managing director designate of the company.

According to the company, the GDSs program and its partnership with Citibank will be terminated due to a lack of activity in recent years.

The Day-Ahead Market (DAM) volume grew to 5,056 MU in July 2024, against 3,976 MU in July 2023, representing a 27% increase y-o-y.

NTPC's consolidated electricity generation increased to 114 billion units (BUs) in Q1 FY25 from 104 billion in Q1 FY24.

The Mizoram project will include eight 300-MW units, having an annual energy generation capacity of 4,993.2 million units.

The EBITDA margin increased by approximately 400 basis points between April and June, reaching 17.5% from 13.45% the previous year.

The aforesaid acceptance of the agenda by the Board of Directors is subject to shareholder approval at the upcoming annual general meeting.