Gold
India Eyes Cross-Border Power Grid Interconnection
Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn
Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.
The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability to..
India's Peak Power Demand to Surge
India is bracing for a substantial increase in peak power demand this May, with the Power Ministry forecasting a daytime peak of 235 GW and an evening peak of 225 GW. This surge underscores the country's escalating energy needs amid rising temperatures and economic activities.
The anticipated peak demand is significantly higher than previous records, reflecting the growing consumption patterns driven by urbanisation, industrial activities, and increased usage of air conditioning. The Ministry's projections are based on data from the Central Electricity Authority (CEA), which monitors a..
Radiance Secures $150 Million Investment
Radiance Renewables is set to enhance its renewable energy portfolio significantly. The company has secured $150 million in funding to support a 2GW expansion of its solar power capacity. This ambitious project aims to bolster Radiance's position in the renewable energy sector and contribute to India's growing demand for sustainable energy solutions.
In addition to the expansion, Radiance is introducing cutting-edge robotic solar cleaning technology. This innovation aims to optimise the efficiency and maintenance of solar panels. Robotic cleaning systems offer a significant advantage ..
