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New Delhi, Jul 19 (PTI) Reliance Power on Saturday reported a consolidated net profit of Rs 44.68 crore for the quarter ended June 2025-26, as the company trimmed its expenses. It had posted a loss of Rs 97.85 crore in the first quarter of the preceding 2024-25 fiscal, the company said in an exchange filing. The company's total income was Rs 2,025.31 crore against Rs 2,069.18 crore in the year-ago quarter. Reliance Power managed to reduce its expenses to Rs 1,953.01 crore from Rs 2,142.51 cro ...Read More >
Everta, a Mumbai-based EV charger firm, is entering the market. The company plans to produce 3,000 DC chargers each year by 2027. Everta is investing Rs 150 crore in a Karnataka plant. They aim for a 15% market share in DC chargers by 2030. Production will begin by October. The company has a technology deal with StarCharge for fast chargers. EV charger manufacturing firm Everta on Thursday announced its plans to manufacture 3,000 DC chargers annually by 2027. The Mumbai-based firm, which is in ...Read More >
Bengaluru Power Cut, July 17: If you live in Devanahalli or Cooke Town, be prepared for power cuts over the coming days. The Bangalore Electricity Supply Company (BESCOM) has announced planned electricity outages across several areas of Bengaluru from July 17 to July 24. These scheduled blackouts are necessary to carry out crucial upgrades to the city's power infrastructure, especially along the high-voltage transmission lines that feed parts of Bengaluru Rural. Daily power cuts in Devanahalli ...Read More >
Srinagar (Jammu and Kashmir) [India], July 15 (ANI): The Jammu and Kashmir Students Association (JKSA) on Tuesday wrote to Karnataka Chief Minister Siddaramaiah, seeking his immediate intervention in an incident of alleged religious discrimination faced by Kashmiri female students at a nursing college in Bengaluru. The students, who wear the hijab or burkha in accordance with their religious beliefs, have reportedly been barred from attending classes and threatened with expulsion by the managem ...Read More >
New Delhi, Jul 15 (PTI) Kia India on Tuesday expanded its electric vehicle portfolio in the country with the launch of its first locally produced electric vehicle -- Carens Clavis EV. The automaker will roll out the model from its Anantapur-based manufacturing plant in Andhra Pradesh. Kia already sells two imported electric vehicles -- EV6 and EV9 -- in the country. "Over the years, we have built a strong global EV portfolio and are proud to bring that expertise to India. The Carens Clavis EV ...Read More >
Vijayawada: The AP TRANSCO is undertaking transmission projects worth over Rs 12,000 crore. This is part of the ongoing efforts to strengthen the power transmission network, meet the rising electricity demand and ensure a reliable and uninterrupted power supply to consumers. This was announced here on Thursday by Chief Secretary K Vijayanand, who is also in charge of the power department. The fund allotments thereof include Rs 155.04 crore for seven recently commissioned projects, Rs 8,131 cro ...Read More >
Bengaluru : INOXGFL Group, one of the leading business Groups in India in the energy transition space, announced today that Inox Clean Energy Limited's renewable independent power producer (RE IPP) arm, Inox Neo Energies Private Limited, has completed the acquisition of Skypower Solar India Private Limited, which has a portfolio comprising 50 MW (AC) / 57.5 MW (DC) of solar power assets located in Madhya Pradesh. The transaction values the asset at an enterprise value of ~Rs 265 crores, translat ...Read More >
New Delhi, Jun 30 (PTI) Servotech Renewable Power System on Monday said it has received an order from Bengaluru International Airport Limited (BIAL) to install ultra-fast EV chargers at Kempegowda International Airport. Each charger will have a capacity of 240 kW and will enhance the e-transport operational efficiency at the airport, Servotech Renewable Power System said in a statement. Servotech Renewable Power System has received an order to install 10 ultra-fast direct current electric vehi ...Read More >
New Delhi, Jun 30 (PTI) Servotech Renewable Power System on Monday said it has received an order from Bengaluru International Airport Limited (BIAL) to install ultra-fast EV chargers at Kempegowda International Airport. Each charger will have a capacity of 240 kW and will enhance the e-transport operational efficiency at the airport, Servotech Renewable Power System said in a statement. Also Read | Government Job Alert: Indian Navy 10+2 BTech Cadet Entry Scheme Goes Live on joinindiannavy.gov. ...Read More >
Gurugram : The IL JIN Electronics India Pvt Ltd, a subsidiary of Amber Group, has entered into a definitive agreement for taking majority stake in Bengaluru based Power-One Micro Systems Pvt. Ltd Incorporated in 1998, and headquartered in Bengaluru, Karnataka, originally established as an UPS manufacturer, Power-One has evolved into a leading solar inverter company, delivering wide spectrum of products such as on-grid, off-grid, and hybrid solar inverters (1kW to 250kW), UPS systems, solar powe ...Read More >
New Delhi, Jan 22 (PTI) Water purifier company Kent RO Systems Ltd has filed preliminary papers with markets regulator Sebi seeking approval to float an initial public offering (IPO). The issue is completely an offer of sale (OFS) of 1 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Tuesday. Also Read | Ladki Bahin Yojana January 2025 Instalment Date: When Will Women Beneficiaries Receive INR 1,500 in Maharashtra?. Promoters Sunita Gupta, Mahesh ...Read More >
New Delhi, Jan 22 (PTI) Water purifier company Kent RO Systems Ltd has filed preliminary papers with markets regulator Sebi seeking approval to float an initial public offering (IPO). The issue is completely an offer of sale (OFS) of 1 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Tuesday. Promoters Sunita Gupta, Mahesh Gupta, and Varun Gupta are offloading shares in the OFS. Overall, promoters hold 99.77 per cent stake in the company at presen ...Read More >
A comfortable launch pipeline (availability of low-cost land bank and scope to accumulate more) would drive bookings/collections CAGR of 18%/39%, respectively, during FY24-27E, generating a healthy cashflow stream. This, coupled with a deleveraged balance sheet and likely fund-raise of Rs20bn, would pave the way for a sharp ramp up of the company's Data Center (DC) business. Availability of land/civil structures gives competitive advantage and would aid faster capacity addition (expected @102MW ...Read More >
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