Steel demand to grow at 10% or more: Steel Secretary NN Sinha

According to him, India’s annual production capacity is currently at 170 million tonne, with demand momentum expected to sustain.  “The demand has grown by around 14 per cent y-o-y in FY24. It will continue to grow by 10 per cent in the future,” he said while speaking at a conclave on manufacturing organised by the CII. 

Indraprastha Gas Q4 Results Live : profit rise by 9.13% YOY
Indraprastha Gas Q4 Results Live : Indraprastha Gas declared their Q4 results on 07 May, 2024. The topline decreased by 2.39% & the profit increased by 9.13% YoY. Compared to the previous quarter, the revenue grew by 0.97% and the profit decreased by 8.99%.

Tata Power Q4 net profit rises 15% to ₹895 crore
Tata Power Q4 net profit rises 15%, revenue jumps 27% on strong core business performance
The Hindu Business Line

L&T's power transmission, distribution business bags multiple orders in India, overseas
L&T's power transmission biz bags multiple orders in India, overseas

We plan to increase RE share in portfolio to 30% by 2030: REC CMD
REC Ltd, state-run non-banking financial corporation in the power sector, plans to increase its portfolio in lending to the renewable energy sector to 30% from the current 10% by 2030. Moreover, it plans to double its assets under management to Rs 10 trillion by 2030 with both conventional-energy and RE projects forming the major part of it, Chairman and Managing Director Vivek Kumar Dewangan told Arunima Bharadwaj and Raghavendra Kamath. REC Ltd reported a 33% annual rise in its consolidated net profit for Q4FY24 at Rs 4,079 crore and targets to become a net zero NPA (non-performing asset) company by the end of this financial year.

Tata Power plans 66 pc higher capex at Rs 20,000 cr in FY25; to spend 50 pc on renewable energy projects
Tata Power net profit rises 11%
The Financial Express