Power Sector

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.

BlackRock Emerging Frontiers Master Fund Ltd. and BlackRock Global Funds India Fund invested 0.78% and 0.58% in Swan Energy, respectively.

On May 28, Inox Wind Energy raised this money by selling roughly 5% of its shares in the company through block agreements.

The company is working on comparable initiatives in a variety of industries, including cement, textile, automotive, and pharmaceuticals.

This agreement follows a term sheet signed on December 14, 2023, outlining cooperative development ambitions.