Bikaner Complex News Today

National Committee for Transmission recommends large ISTS projects worth over 16,400 crore

Mumbai: Tata Power said on Friday that better realization in the core business segments consisting of generation, transmission, distribution, and renewables, helped the company to grow its Q3FY24 reported PAT to Rs 1,076 crore as compared to Rs 1,052 crores of the corresponding quarter last fiscal.

Sensex Today | Stock Market LIVE Updates: Coal India, Hero MotoCorp, M&M, Hindalco and Titan Company are among the top gainers on the Nifty, while losers are Axis Bank, Dr Reddys Labs, Infosys, Eicher Motors and Grasim. Among sectors, oil & gas, power and metal indices up 0.5 percent each. BSE Midcap and Smallcap indices are trading with marginal gains.

Sterlite Power announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL).PFCCL is a wholly owned subsidiary of Power Finance Corporation Limited (PFC), a ...

Shares of the company jumped more than 10 pc on Thursday

The company received the letter of intent (LOI) after emerging as a successful bidder in the Tariff-Based Competitive Bidding (TBCB) process, as per the guidelines issued by Ministry of Power, it added.

The transmission project, to be undertaken on a Build-Own-Operate-Transfer (BOOT) basis, is poised to facilitate the evacuation of 7.7 gigawatts (GW) of renewable energy from the Bikaner Complex in Rajasthan.

As the week unfolded, the business landscape witnessed a series of noteworthy developments across various sectors.

Sterlite Power has clinched a order for the Rajasthan REZ Ph-IV (Part-1-Bikaner Complex): Part-B Transmission project.

PFC Consulting Limited has incorporated a special purpose vehicle (SPV) as a wholly-owned subsidiary for the development of independent transmission projects, according to a regulatory statement.