Tag: Power Sector

No VAT Realized from Around 230 Petrol Pumps across Meghalaya in last 3 Years, Alleges Congress

The opposition Congress has demanded a CBI probe into the alleged glaring corruption practices by the National People’s Party-led Meghalaya Democratic Alliance government. “In this present MDA government led by Conrad K Sangma, corruption can be seen everywhere almost in all the revenue departments and that is alleged with the patronage of the people in […]

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ABB Power Products Q4 PAT up 55% at Rs54.96cr on the back of exceptional gains from write-backs

ABB Power Products India reported -6.90% fall in total revenues for the Dec-20 quarter on consolidated basis at Rs1,043.61cr. The company is just about 2 years and was formed by the demerger of the Power Grid business. While the pandemic did have an impact on the revenues, the company is yet to see its top […]

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Power Grid Corp Q3 PAT up 26.04% at Rs3,368cr on lower financing costs

Power Grid Corp reported 8.31% growth in total revenues for the Dec-20 quarter on consolidated basis at Rs10,142cr. The biggest chunk of the transmission business grew by nearly 10% on a yoy basis, even as the impact of the pandemic was very limited on the numbers of Power Grid Corporation. The consultancy business showed a […]

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