Restrictions on inter-state movement of ethanol due to non-implementation of the amended provisions of Industries (Development & Regulation) Act, 1951, by all the states, is the other big challenge. So far, only 14 states ha
Close to 3000 MW of ground mounted and around 300 MW of rooftop solar projects that were held-up have moved ahead, with companies placing orders with panel suppliers from China, South Korea, Vietnam and Taiwan for the next qu
The company’s low leverage position has enabled it to undertake a Rs 25,000 crore capacity expansion by 2025, which will be followed by another Rs 45,000 crore investments in the next five years to 2030.
We reduced our debt by Rs 2,700 crore in FY21 to Rs 8,907 crore and improved our leverage substantially. Our net debt to equity is the lowest in the industry at 0.43 times compared to five times of the other industry players.
Rajesh Kumar Mediratta, director at IGX told FE that after starting with a very small quantity of 1,500 mmBtu in December last year, the trading gained momentum and now the volume on average is around 100,000 mmBtu of gas eve
The Indian Energy Exchange traded 6540 MU of electricity volume in May 2021, up 9% y-o-y amidst Covid-19 lockdown as well the cyclonic disturbances that affected the overall power demand in the country.
Bharat Petroleum Corporation (BPCL), a major public sector oil refiner, plans to further reduce its dependence on crude oil from West Asia to 50% from 65% at present as the company plans to increase sourcing from countries in
Over the last 10 years CGPL has made cumulative losses (ex-impairment) of Rs 9,400 crore till FY20 on aggressive bids and adverse coal and currency movement. The tax break is expected to be value accretive for Tata Power as i
With an over 15-20% increase in raw material prices of steel, copper and aluminum along with a steep 20-25% rise in prices of solar modules, EPC players have been hit hard. With little margins possible under contract terms, m