By 2047, the company aims to increase the total capacity to more than 50 GW, its chairman and managing director Raj Kumar Chaudhary tells Arunima Bharadwaj in an interview.
The company is optimistic of increasing its net profit to ₹4,500 crore in the next financial year. The company reported a 37% decline on year in consolidated net profit to ₹1,069.28 crore in the second quarter of the current financial year. Excerpts:
What are the company's upcoming projects and when do you plan to commission these?
Currently, we are operating 28 power stations with a total installed capacity of 7.2 GW. Additionally, 15 projects with a combined capacity of 10,604 MW are under various stages of construction. Out of these, we aim to commission the 800 MW Parbati-II HE Project by March 2025 and three units of 250 MW each of the 2000 MW Subansiri Lower HE Project by May 2025.
Upon completion, these projects will collectively contribute an additional 6,500 million units in electricity generation in the next financial year. The commissioning of the Parbati-II HE project will not only increase our installed capacity by 800 MW but will also enhance generation from the Parbati-III Power Station.
Denne historien er fra December 18, 2024-utgaven av Financial Express Hyderabad.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 18, 2024-utgaven av Financial Express Hyderabad.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
US announces H-1B visa overhaul, Indian techies to benefit
HOW THE MOVE WILL BENEFIT INDIA
'Had fun but it's time': Ashwin bows out of internationals with shock retirement call
RASHWIN STOOD in the corridor outside the press conference room after the third Test ended in a draw.
Navy boat hits ferry off Mumbai coast, 13 dead
A PRIVATE FERRY, carrying more than 110 passengers to Elephanta Island off Mumbai coast, capsized after a Navy speedboat crashed into it on Wednesday. At least 13 people were killed in the incident, officials said, adding that the rest have been rescued.
Free healthcare for senior citizens: Kejriwal
AHEAD OF DELHI Assembly elections next year, AAP national convener and former CM Arvind Kejriwal announced that all citizens of Delhi aged above 60 will get free medical care in government and private hospitals if his party returns to power. The scheme, called Sanjeevani, will not have an income cap for eligibility, he said.
Trump threatens to impose reciprocal tariffs on India
HE MADE THE remarks while responding to a question on a potential trade agreement with China.
Sebi tightens SME IPO rules
SEBI also cleared the review of merchant bankers, custodians, and provisions for high-value debt-listed entities (HVDLE) by increasing the threshold for identification of HVDLE from ₹500 cr to ₹1,000 cr, aligning it with that of large corporates, and introduced a sunset clause governing corporate governance of debt-listed securities.
Opposition seeks Shah's resignation
PM defends HM; slams Cong & its 'rotten ecosystem'
Enhancing customer journey in the cloud
ORACLE has created Customer Success Services (CSS) to provide comprehensive support for customers using its cloud tools. The new services are integrated with Oracle's product development teams to help firms maximize the value of their cloud investment.
Drones deliver new hope to farmers
Aerial tech enhances farming efficiency, can tackle workforce woes
AI offers a wide range of benefits for SMEs
AI offers a wide range of benefits for SMEs
