Business Economy


Tata Power to invest Rs 20,000 cr capex in FY25: Chandrasekaran

Mumbai, Jul 16 (UNI) Tata Power, one of India's leading integrated power companies, has planned to invest Rs 20,000 crore capex in Financial Year-2025.
N Chandrasekaran, chairman, Tata Power, in his speech to shareholders on Tuesday during its 105th annual general meeting (AGM) for the Financial Year 2023-24, said, "Tata Power plans to invest Rs 20,000 crore capex in FY25. This is over and above the Rs 12,000 crore invested in FY24. A large part of this will be towards accelerating the company’s renewable energy portfolio and balance towards transmission and distribution businesses."
"The company will also explore participation in Small Modular Nuclear Reactors, once the government gives necessary permissions apart from new distribution expansion opportunities in other states, as and when these opportunities arise in line with government policies," he added.
Chandrasekaran stated that the company's robust financial and operational performance is a sign of its commitment towards consistent growth, financial prudence and project execution excellence.
UNI SJC SS
More News

Coromandel International Q4FY25 net profit jumps to Rs 578 cr

30 Apr 2025 | 7:19 PM

Hyderabad, Apr 30 (UNI) Coromandel International Limited, one of India’s leading Agri-solutions providers, on Wednesday reported that its consolidated net profit jumped to Rs 578 crore for the quarter ended March 31, 2025, from Rs 164 crore in the corresponding quarter in previous year.

see more..

Adani Power Q4 consolidated EBITDA dips to Rs 5,098 crore

30 Apr 2025 | 7:07 PM

Mumbai, Apr 30 (UNI) Adani Power Ltd (APL) on Wednesday reported a marginal dip in its consolidated EBITDA for the fourth quarter of FY25 to Rs 5,098 crore, compared to Rs 5,273 crore in the same period last year, impacted by higher operating expenses from recent acquisitions and lower merchant tariffs.

see more..

Nithin Kamath warns of WhatsApp scam using Zerodha's name

30 Apr 2025 | 6:24 PM

Bengaluru, Apr 30 (UNI) Zerodha co-founder and CEO Nithin Kamath on Wednesday raised alarm over a growing WhatsApp-based investment scam that has allegedly duped thousands of unsuspecting investors by impersonating officials of his firm.

see more..

Godrej supports renewable energy transition in Northeast India’s FMCG industry

30 Apr 2025 | 5:59 PM

Kolkata, Apr 30 (UNI) In a significant advancement supporting India's ambitious target of achieving 500 GW of renewable energy capacity by 2030, Energy Solutions, business of the Godrej Enterprises Group, has successfully secured a comprehensive project of 2 MWp solar power plant for a leading FMCG company’s facility in Guwahati, Assam.

see more..

Avantel secures Rs 17 7 Cr purchase order from BEL

30 Apr 2025 | 5:45 PM

Hyderabad, Apr 30 (UNI) Avantel Limited, a key player in wireless and satellite communication, on Wednesday said it has received a purchase order worth Rs 17.7 crore from Bharat Electronics Limited (BEL) for supply of high-frequency (HF) Software Defined Radio (SDR).

see more..