Orient Green Power to expand in green energy sector
POWER & RENEWABLE ENERGY

Orient Green Power to expand in green energy sector

In order to make the most of its current assets, Orient Green Power Company, a member of the Shriram Group, is thinking about expanding its market into the green energy space.

The company announced that it would be looking into hybrid solutions and have a mix of solar and wind energy farms at its existing locations during its board meeting on December 23. The board also discussed about global opportunities in green energy. The government's emphasis on the renewable energy industry offers the business plenty of opportunities to diversify its holdings.

The board also took into account the updates on the rights issue's development along with an increasing value to stakeholders.

The company's managing director also discussed the business's potential to grow up to 1 GW in renewable energy over the following two to three years. The hiring of a consultant to conduct a thorough study that includes ramp-up, financing, and feasibility was also confirmed by the board.

One of the nation's biggest Independent Power Producers of Renewable Energy is Orient Green.

Ravi Singh, Vice president and Head of Research at share India stated, “Orient Green Power Company reported robust net profit growth of 277 per cent in Sept quarter on QoQ. The company aims to expand up to 1 GW in Renewable energy in the next 2-3 years and Govt’s strong focus on green & renewable energy provides a great opportunity for the company to become a key leading player in this segment in the coming years. On technical setup, the momentum indicators and oscillators on the daily chart are suggesting a near term target of 14 levels and if the trend sustains above 14 then the level of 16 is most probable.”

See also:
Green energy giants plan to invest almost Rs 190 billion in UP
Tata Projects inks MoU with CSIR-IIP for green power


In order to make the most of its current assets, Orient Green Power Company, a member of the Shriram Group, is thinking about expanding its market into the green energy space. The company announced that it would be looking into hybrid solutions and have a mix of solar and wind energy farms at its existing locations during its board meeting on December 23. The board also discussed about global opportunities in green energy. The government's emphasis on the renewable energy industry offers the business plenty of opportunities to diversify its holdings. The board also took into account the updates on the rights issue's development along with an increasing value to stakeholders. The company's managing director also discussed the business's potential to grow up to 1 GW in renewable energy over the following two to three years. The hiring of a consultant to conduct a thorough study that includes ramp-up, financing, and feasibility was also confirmed by the board. One of the nation's biggest Independent Power Producers of Renewable Energy is Orient Green. Ravi Singh, Vice president and Head of Research at share India stated, “Orient Green Power Company reported robust net profit growth of 277 per cent in Sept quarter on QoQ. The company aims to expand up to 1 GW in Renewable energy in the next 2-3 years and Govt’s strong focus on green & renewable energy provides a great opportunity for the company to become a key leading player in this segment in the coming years. On technical setup, the momentum indicators and oscillators on the daily chart are suggesting a near term target of 14 levels and if the trend sustains above 14 then the level of 16 is most probable.” See also: Green energy giants plan to invest almost Rs 190 billion in UP Tata Projects inks MoU with CSIR-IIP for green power

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?