Siemens has won an order worth approximately Rs 101 crore from Delhi Transco. The order includes installing 220/66/33kV Gas Insulated Switchgear (GIS) substation at R.K. Puram, New Delhi.
The company's net profit for the first nine months of the current fiscal saw a 133% increase over the corresponding period last year, with the PAT increasing to Rs 3,243 crore from Rs.1,394 crore.
State-owned gas utility GAIL India Ltd today reported 46 per cent rise in its third quarter net profit on back of turnaround in petrochemical business.
The board of directors had approved the proposal for buyback of fully-paid shares from all shareholders not exceeding 10% of the paid-up equity capital and free reserves as on March 31, 2016, at a meeting held on February 7, 2017.
State-run hydro power company, NHPC Ltd informed the exchanges on Friday that it has fixed February 20 as record date for Rs. 2,616.59-crore share buyback offer. NHPC’s board has approved a proposal to buy back shares not exceeding 81.13 crore representing 7.33% of total shares at Rs 32.25 for a consideration of Rs. 2,616.59 crore.
Chennai Petroleum Corp shares surged and held gains on the news reports of a possible merger with the parent, oil giant Indian Oil Corporation.
Is Rs3 per kWh the new normal for Indian solar power tariff? The ongoing auction for world’s largest solar power plant in Madhya Pradesh
Even though the power sector is trying to recover from a mountain of debt and stalled projects, there’s significant action on the ground when it comes to building transmission infrastructure.
ABB India Ltd has earned favour in the eyes of investors with the capital goods maker churning out a decent operating performance for the December quarter along with robust growth in new orders.
Cairn India Ltd on Thursday reported a consolidated net profit of Rs 604 crore, substantially higher on year on year basis owing to lower depreciation charges seen in the reported quarter.
Minister of State for Petroleum & Natural Gas Dharmendra Pradhan informed the Rajya Sabha in a written reply to a question yesterday that Strategic Petroleum Reserve (SPR) facilities set up at Visakhapatnam
Dinesh K Sarraf, Chairman of the Oil and Natural Gas Corporation (ONGC), said on Thursday that while the state-run firm would continue to invest in gas exploration, it was getting increasingly difficult owing to the “tough” pricing scenario.