Suzlon Energy saw its net profit jump 96% to Rs 201 crore for the second quarter of FY25. This rise came from winning a lot of new orders and strong growth in revenue. The company’s revenue grew by 48% to Rs 2,093 crore, but its profit margin dipped a bit.
NTPC Green Energy has gotten the green light from SEBI for a ₹10,000 crore IPO. This part of NTPC plans to grow its renewable energy projects and pay off some debts. The IPO will feature new shares, with some set aside for employees. The company has seen big growth in revenue and profits recently.
AMPIN Energy has landed a 27 MW solar project in Maharashtra, boosting its partnership with Varroc Group. This new project brings their total solar capacity to over 60 MW, allowing Varroc to cover 70% of its energy needs with renewable sources, which will help cut costs and reduce carbon emissions.