Hindustan Copper's shares are sharply higher by over 8 percent with combined volumes that are 12x the one-month average on September 12, helped by a slew of factors including the ambitious expansion plan and capex details.
Ambuja Cements said as much as 118 MTPA capacity will be created by FY26, and the company is on track to achieve the targeted capacity of 140 MTPA by FY28.
Banks and financial institutions have committed to additional $386 billion, or Rs 32.45 lakh crore, of financing by 2030 for the development of the projects, said new and renewable energy minister Pralhad Joshi inaugurating RE-Invest in Gandhinagar.
IEA said global renewable capacity additions reached almost 560 gigawatts (GW) in 2023, an unprecedented 64 percent year-over-year increase from 2022.
The recent spike in cement prices augurs well for manufacturers, but sluggish demand may play spoilsport in sustaining higher prices
Both Suzlon and Inox Wind reported large order wins in December 2023
The thermal capacity awards target has been raised to 11,200 MW from 7,200 MW
The Company has invested around Rs 71 crore for making the capacity additions as per the expansion plans of the company.
The company plans to build business in a cluster and exit underperforming hospitals
India’s electricity generation could fall short of peak demand this summer
The stock gained 34 percent in the last one year as the company made progress on the projects under construction
Average annual wind energy installations halved in FY18-20 compared to capacity additions in FY15-17
NTPC plans to add 5,000-6,000 megawatt of power capacity per annum in the current and next fiscal years
JSW Energy aims to increase the share of renewable energy capacity to 70 per cent by FY25. The company is collaborating with an Australian firm to explore opportunities in green hydrogen production
Thermal power capacity additions dropped to multi-year lows last fiscal year while renewable energy additions moderated
Pure play renewable energy firms backed by foreign institutional investors often win big in renewable energy auctions
NTPC and Tata Power are progressing well on their renewable energy ambitions. But as the business gains scale, investors will want to know how they are faring on profitability and return ratios
NTPC is stepping up its ESG focus, targeting green energy capacity additions and pollution control measures. But the company has much to deliver as the poor rating by Sustainalytics shows
Renewable energy sector is recovering from COVID-19 disruption. Capacity additions are set to gather pace as work on delayed projects resumes
Motilal Oswal is upbeat on the stock on the back of hopes of business turnaround, better cash flows. It has a buy call on the stock with a target price of Rs 180.
Brokerage says the firm deserves high valuations due to high profitability, superior return ratios and efficient execution capabilities
New capacity addition by the wind power sector may decline to 2,500 MW in current fiscal against that of 3,415 MW in last fiscal due to challenges faced by the segment in the two states of Madhya Pradesh and Maharashtra, rating agency ICRA said on May 30
Other potential headwinds that will impact the stock, according to CLSA, are: the government's 5 percent divestment of NTPC and the poor state of state banks.
With the power sector undergoing a churn -- several deleveraged power producers have been looking to sell assets -- state-run National Thermal Power Corporation has said it will deploy about Rs 5,000 crore and may announce acquisitions of a few power plants by the end of the current quarter.
SP Tulsian of sptulsian.com told CNBC-TV18 that the Reliance's earnings for June quarter were in line with his expectations. However, petchem needs to improve if the market has to be happy with the company, he says.