Power Sector

Adani Green's shares rose to ₹1,790 per share following the news of this development, before falling back to ₹1,770.

NTPC's total installed and commercial capacity on a standalone and group basis have reached 59,135 MW and 76,015 MW, respectively.

The state-run firm's topline increased 34.3% to ₹1,391.64 Crore in Q4 FY24, compared to ₹1,036.32 Crore in the same period last year.

As part of its net zero promises, Indus Towers Ltd (ITL) plans to gradually increase its renewable energy portfolio to Giga Watt (GW) scale capacity.

According to the order, the business will offer equipment as well as some additional services.

The arrangement, sanctioned and issued as a 20-year rupee term loan, provides considerable commercial benefits.

According to the statement, the acquirers plan to subscribe for class B compulsorily convertible preference shares.

IREDA is a multi-bagger company, gaining 177% since its IPO at a listing price of ₹50 per share.

Presently, the business has a total installed generation capacity of 7.2 GW, including 1.6 GW allocated to wind energy.

The company said that the Project will be commissioned within 18 months of signing the PPA (power purchase agreement).