Advertisement
Advertisement
advertisement

IPCL on lookout for acquisition opportunity in renewables

India Power Corporation ( IPCL ) has floated a wholly owned subsidiary for acquiring or setting up green renewable energy projects.

India Power Green Energy Utility, a wholly-owned subsidiary of IPCL, was incorporated in December, 2015 with an objective of foraying into and acquiring green assets to build a sizable portfolio of green energy. 

The company registered a 32% rise in profit after tax to Rs 31.9 crore during the financial 2015-16 on the back of 5.5% rise in gross revenue. The company's gross revenue during the period was Rs 586 crore against Rs 618 crore registered during the previous period. 

 

Advertisement
Advertisement

UPCOMING EVENTS

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter Nominate Today For SolarRoofs Karnataka 2019! And Don't miss a beat. Follow us at: https://t.co/HlAqHsOhHx https://t.co/BGG5b8gU4Q
About 3 hours ago
SolarQuarter India Wind Energy Forum 2019 is almost here! Buy your ticket today https://t.co/2ophHXXrpv See you on Nov 14, 2019!
Sunday, 15 September 2019 05:40
SolarQuarter SolarRoofs Karnataka 2019 is almost here! Buy your ticket today https://t.co/CVIqStbToI See you on Oct 04, 2019!… https://t.co/JMTQI6azf0
Saturday, 14 September 2019 05:10