SECI pays solar and wind developers Rs 7.91 billion in November

02 Feb 2023 CW Team

For the electricity acquired in November 2022, the Solar Energy Corporation of India (SECI) has released Rs 7.91 billion in payments to solar and wind power producers. Nearly 94.6% of the total amount paid by the nodal agency for the month was made up by the disbursal.

Compared to the payments paid in October, the amount is slightly less. In relation to power purchases, the agency has released Rs 8.04 billion.

In November, the agency distributed a total of 8.35 billion, which included payments for the procurement of solar and wind energy, reimbursements to developers, and duties.

The principal recipients of the payments in November were Azure Power Forty Three, Adani Hybrid Energy Jaisalmer, Wardha Solar (Maharashtra), Adani Hybrid Energy Jaisalmer Three, and Adani Hybrid Energy Jaisalmer Two.

The state-owned power distribution firms (DISCOMs), according to the Ministry of Power, paid down past dues totaling Rs 246.8 billion in four instalments.

Also read:
State discoms & CEA asked to comment on National Electricity Policy
INR 110 million to be invested in power distribution by AP government

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..