The performance was driven by broad-based growth across conventional and renewable generation, transmission and distribution operations, and emerging consumer-focused clean-energy businesses. Tata Power reported its highest-ever quarterly profit, with consolidated profit after tax rising 33 per cent year-on-year to ₹16.52 billion in the second quarter of FY2026-27, supported by broad-based growth across generation, renewable energy,...
Tag: grid infrastructure
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POWERGRID Holds 37th AGM, Showcases Strong Growth and High System Availability
At the AGM, POWERGRID outlined its financial performance, operational milestones, growth prospects, and technology‑driven initiatives. The 37th annual general meeting (AGM) of state‑run transmission utility Power Grid Corp. of India Ltd (POWERGRID), was held virtually on August 20. Vamsi Rama Mohan Burra, Chairman & Managing Director, chaired the meeting in the presence of Yatindra Dwivedi, Director...
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Toshiba Commits ₹32.32 Billion to Expand T&D Manufacturing in Japan and India
A surge in electricity demand has prompted the company to revise its ¥20-billion investment announced in July 2024, committing an additional ¥35 billion to scale up its manufacturing facilities in Kawasaki and Hyderabad. Toshiba Energy Systems & Solutions Corporation (Toshiba) has announced a ¥55-billion (approximately $368 million / ₹32.32 billion) investment to expand its power...