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financial results

NTPC Likely To Add 5,000 MW Of Renewable Energy Capacities Annually 

India’s largest power sector PSU (Public Sector Utility)-NTPC Limited, is likely to add around 4,000 MW to 5,000 MW of renewable energy annually to achieve its ambitious clean energy target. The PSU has targeted adding up to 60 Gigawatt (GW) of installed renewable power capacity by 2032. However, in the short term, the power behemoth has planned […]

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IEX Dividend At Rs 1 per Share; Net Profit At Rs 88 Cr

Trading platform for physical delivery of electricity, renewable power, renewable energy certificates, and energy saving certificates, Indian Energy Exchange (IEX) has announced its financial results for the fourth quarter (Q4) and the year ended March 31, 2023 (FY23). During Q4 FY’23, IEX achieved an overall volume of 26 Billion Units (BUs), registering a 7.9% QoQ growth. In […]

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JSW Energy Reports 32% Surge In Renewable Generation in Q4

JSW Energy Limited yesterday announced its Q4 Financial Results. The Indian private power producer said that its net renewable generation increased 32 percent on Year-on-Year (YoY) basis. In addition, it said that the commissioning of 225 Megawatts (MW) of the Vijayanagar solar power plant helped increase its clean energy generation.  The firm said earnings before […]

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Powergrid Reports 4% Growth In Profit After Tax in Q4

India’s largest electricity transmission company Powergrid recently announced its financial results for Financial Year 2023 and Q4. The Maharatna Public Sector Enterprise said that it reported a total of four percent growth of Profit After Tax (PAT) in Q4 (consolidated) on Year-on-year (YoY) basis.  It also said that on a consolidated basis, its income during Q4 also […]

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Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold

Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […]

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NTPC Reports Highest Ever Annual Generation, 32% Surge In Income In FY23

The National Thermal Power Corporation of India (NTPC) today announced its Q4 and FY23 Financial Results. The leading power generator of the country claimed that during FY23, it reported the highest-ever annual generation of 399 Billion Units (BU) compared to 361 BU in FY22, registering a growth of around 11 percent.  The audited results of […]

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Solar Module Manufacturer JinkoSolar Tops Global Solar PV Market in Q1

A newly released report published notes that JinkoSolar topped the global solar PV market in Q1, beating out “JA Solar, Trina, Longi, and other top sellers” (Solarbe, 2023).” JinkoSolar delivered 13.04 GW solar panels in Q1 2023, among which nearly 50% is N-type Tiger Neo panel, the most of any of the solar PV brands. […]

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Trina Solar’s Module Shipments Total 140 GW, 210mm Modules Cross 65 GW

In its recently pusblished full year 2022 and Q1 2023 financial results report, Chinese photovoltaics firm Trina Solar has said its annual revenue stands at $12.645 billion (RMB 85.052 billion), seeing an increase of 83.41% on 2021. The main businesses of the firm, including PV products, PV system and smart energy all registered strong growth. […]

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Sterling & Wilson Renewable Reports Rs 421 Cr Loss in March Qtr

Renewable engineering, procurement and construction (EPC) solutions provider Sterling and Wilson Renewable Energy has released its financial results for the quarter ended March.  The company clearly continues to ‘clean up’ after Reliance joined as a promoter group, with  consolidated revenue having dipped 92% Y-O-Y, pegged at Rs 421.11 cr. The firm has exited businesses, contracts […]

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