Adani portfolio delivers record 45% EBITDA growth in FY24
Cash profit or funds flow from operations (FFO) was at Rs 56,828 crore, registering a growth of 51 per cent year-on-year through a disciplined investment strategy providing high conversion, Adani Group said in a statement.
Govt approves Rs 200-cr fund for green hydrogen valley projects in four states
The fund will be allocated to four green hydrogen clusters across India over five years
Adani Green risks missing targets: Report
The renewable energy unit of billionaire Gautam Adani's empire is at risk of missing key growth targets unless it resorts to a share issue to consolidate its finances, according to a report by London-based Snowcap Research.
Adani Group eyes expansion with $90 billion Capex as EBITDA soars by 40%, Jefferies recommends 'BUY'
The group also achieved a multi-year low in leverage, indicating a stronger financial stance amidst aggressive expansion plans, including a projected USD 90 billion capital expenditure over the next decade.
Suzlon Group secures 81.9 MW wind energy project in Madhya Pradesh
The turbines for this project will be from Suzlon's 3 MW product series, specifically the larger rated 3.15 MW, S144-140m models.
India's plan of becoming the fastest-growing G20 nation may hinge on the weather
The scorching temperatures in the capital New Delhi this week are a warning sign, however. The magic spell that has sustained this achievement is coming close to breaking.
Qatar's offer to build 3 power plants to ease Lebanon's electricity crisis is blocked
Qatar offered in 2023 to build three power plants with a capacity of 450 megawatts - or about 25% of the small nation's needs - and since then, Doha didn't receive a response from Lebanon, caretaker Economy Minister Amin Salam said.
Kerala gets fund approval for green hydrogen valley project
The state plans to develop two green hydrogen valleys in Kochi and Thiruvananthapuram and the proposal was submitted last year to the DST
Rooftop solar installations fall 26 per cent to 367 MW in January-March: Report
India added 367 MW of rooftop solar in the March quarter. Installations fell nearly 10 per cent quarter-over-quarter from 406 MW and dropped over 24 per cent year-on-year from 485 MW, the report titled 'Q1 India Rooftop Solar Market' said.
SIDS Pave the Path to Prosperity, Resilience and Sustainable Development
The SIDS Lighthouses Initiative (LHI) held a high-level session to inspire continued collaboration to support SIDS in charting their course towards resilient prosperity.