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Tata Power targets Rs 1 lakh cr revenue by 2030, reveals key update on nuclear plans
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ET Markets - Industry 4d ago

Tata Power targets Rs 1 lakh cr revenue by 2030, reveals key update on nuclear plans

Tata Power aims for Rs 1 lakh crore revenue and Rs 10,000 crore profit by 2030. The company will expand its solar manufacturing capacity by adding a new 10 GW project. Tata Power is also open to entering the nuclear power segment with small modular reactors. It plans to expand distribution footprints in states proposing privatization. The energy network currently serves over 13.1 million distribution customers.

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Serentica Renewables inks pact with SECI to supply power from 600 MW FDRE project
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ET Markets - Industry 4d ago

Serentica Renewables inks pact with SECI to supply power from 600 MW FDRE project

Serentica Renewables proudly announces its new power purchase agreement with SECI, dedicated to a groundbreaking 600 MW Firm and Dispatchable Renewable Energy project. Notably, it achieved the largest allocation in the competitive SECI auction. This innovative project ensures electricity provision during non-solar hours, effectively addressing peak demand while significantly cutting down annual carbon emissions, contributing positively to the environment.

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Adani Power's operating profit could compound by 20% over next three years, IIFL Capital projects
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CNBC TV18 - Markets 4d ago

Adani Power's operating profit could compound by 20% over next three years, IIFL Capital projects

IIFL Capital expects Adani Power to expand its customer base beyond DISCOMs, foraying into firm power supply to commercial and industrial (C&I) customers.

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IIFL initiates coverage on Adani Power with target price at Rs 240, estimates EBITDA to quadruple by FY33-35E
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ET Markets - Stocks 4d ago

IIFL initiates coverage on Adani Power with target price at Rs 240, estimates EBITDA to quadruple by FY33-35E

IIFL initiated coverage on Adani Power with a 'Buy' rating and Rs 240 target price. The brokerage forecasts EBITDA to quadruple by FY33-35E due to growth pipeline. Adani Power is building significant new coal capacity, expanding its operational base. Free cash flow from operations is expected to rise substantially after portfolio buildout. The company also plans future ventures into nuclear and hydro power generation.

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IIFL initiates coverage on Adani Power shares. Should you buy? - livemint.com
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Google News - India Markets 4d ago

IIFL initiates coverage on Adani Power shares. Should you buy? - livemint.com

IIFL initiates coverage on Adani Power shares. Should you buy?livemint.com

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Power Grid Corporation secures 80 billion yen loan from JBIC for Khavda-Nagpur HVDC project - livemint.com
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Google News - India Markets 4d ago

Power Grid Corporation secures 80 billion yen loan from JBIC for Khavda-Nagpur HVDC project - livemint.com

Power Grid Corporation secures 80 billion yen loan from JBIC for Khavda-Nagpur HVDC projectlivemint.com

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Vedanta Iron and Steel, Vedanta Aluminium, 2 other stocks drop up to 5%. What’s spooking investors?
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ET Markets - Stocks 4d ago

Vedanta Iron and Steel, Vedanta Aluminium, 2 other stocks drop up to 5%. What’s spooking investors?

Recently listed Vedanta stocks experienced a significant decline on Tuesday morning. Vedanta Iron and Steel shares surged sharply after a substantial investment by Premji Invest. This smallcap counter saw its market capitalization more than double before the rally lost momentum. Vedanta Aluminium shares dropped despite reporting record quarterly production figures. Vedanta Oil & Gas and Vedanta Power also saw their stock prices fall since listing.

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Founder Of Brookfield-Backed Avaada Seeks $750 Million Loan
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NDTV Profit 4d ago

Founder Of Brookfield-Backed Avaada Seeks $750 Million Loan

Avaada Group, which includes Avaada Energy, is one of India's fastest-growing renewable energy developers with a portfolio spanning solar, wind and hybrid power projects.

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Stocks to Watch today: Trent, Titan, Power Grid, Cochin Shipyard, TVS Motor
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Business Standard - Markets 4d ago

Stocks to Watch today: Trent, Titan, Power Grid, Cochin Shipyard, TVS Motor

Stocks to watch today: Power Grid, Sterlite Technologies, ZEN Technologies, TVS Motor Company, Varun Beverages, Torrent Pharma, Cochin Shipyard, Titan, Trent, among others, will be in focus today

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Five Stocks To Buy: Adani Power, Glenmark Pharma, Tata Steel And More | July 7, 2026
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NDTV Profit 4d ago

Five Stocks To Buy: Adani Power, Glenmark Pharma, Tata Steel And More | July 7, 2026

Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, focusing on power, pharma, auto sector and chemicals.

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Auto companies may soon get to trade BEE credits for easier fuel-efficiency compliance
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ET Markets - Industry 4d ago

Auto companies may soon get to trade BEE credits for easier fuel-efficiency compliance

The power ministry has introduced a new credit trading system aimed at Corporate Average Fuel Efficiency standards. Under this initiative, manufacturers can trade excess compliance credits and purchase them from the Bureau of Energy Efficiency. The framework includes credit and debit accounting, allowing manufacturers who surpass targets to earn credits, while those who don't accumulate debits.

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