Power Sector

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.

Inox Wind Ltd. stated in a regulatory filing that it will use the money to pay off all of its external term debt and become debt-free.

For the first quarter of fiscal year 2025, IEX recorded an electricity volume of 28,178 MU, a 19% increase year-on-year.

The project is expected to increase KPI Green's capacity to provide environmentally friendly energy solutions.