Saturday, January 18, 2025
spot_img

Tata Power posts 9% increase in Q2 net profit at Rs 1,017 crore

Date:

Share post:

spot_img
spot_img

Shillong, November 8: Tata Power on Wednesday declared an 8.8 per cent increase in net profit to Rs 1,017 crore for the July-September quarter of the current financial year, against a net profit of Rs 935 crore in the same period last year.

The company said it has resolved the tariff problem of its hydro power plant in Zambia and has received part of the pending dues of $102 million from Zambia Electricity Supply Corporation.

Tata Power’s clean energy portfolio has expanded to 5,500 MW during the second quarter and now constitutes 38 per cent of its total installed generation capacity. (IANS)

spot_img
spot_img

Related articles

Study finds number of schools in M’laya disproportionate to population size

SHILLONG, Jan 17: One of the major challenges affecting the education sector in Meghalaya is the disproportionately large...

Trade body no to minimum wage hike announced by Cabinet

SHILLONG, Jan 17: The All India Trade Union Congress (AITUC) Meghalaya State Council (MSC) has rejected the Department...

Govt to follow blueprint if defence land plan fails

Relocation of residents from Them Iew Mawlong SHILLONG, Jan 17: The Meghalaya government is pinning its hopes on securing...

National Youth Festival participant sexually assaulted in Delhi hotel

SHILLONG, Jan 17: A 19-year-old girl from Meghalaya, who had gone to Delhi to participate in the National...