Ahmedabad, April 29 (IANS) Adani Power Limited (APL), a part of Adani portfolio of companies, on Wednesday reported a sharp 64 per cent year-on-year (YoY) surge in its consolidated net profit to Rs 4,271 crore for the fourth quarter ended March 31 (Q4 FY26), driven by improved operational efficiency and lower tax outgo despite a volatile power demand environment.The company’s revenue for the quarter rose 10 per cent to Rs 15,989 crore, while EBITDA grew a robust 27 per cent to Rs 6,498 crore, …
Latest Thermal Power News & Updates
New Delhi, Jan 19 (IANS) Thermal power’s share in India’s generation mix is set to drop below 70 per cent next fiscal amid a surge in renewable energy, a report said on Monday.The report from Crisil Ratings said the thermal share is expected to slip to 72 per cent in FY26 from about 75 per cent in fiscal 2025.Renewable generation is poised to log a compound annual growth rate of 18–20 per cent over this fiscal and next, driven by 75–85 gigawatt of capacity additions, amid a robust pipeli…