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RTS Power Corporation Ltd consolidated Q1FY22 PAT at Rs 28 95 lakhs

RTS Power Corporation Ltd consolidated Q1FY22 PAT at Rs 28 95 lakhs
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FMDQ admits power firm s N50bn green bond

The proceeds from this issuance will be used to fund the development of 15 megawatts (MW) pre-phase 1 solar project and the transmission evacuation infrastructure for NSP PowerCorp PLC. Speaking on the successful issuance of the bond, the Executive Vice Chairman/Chief Executive Officer, North South Power Company Ltd, Engr. Olubunmi Peters, said: “This landmark transaction reinforces our belief and commitment in promoting clean energy generation in Nigeria. “It also demonstrates growing investor confidence in our business, management team and long-term strategy.” The Chief Executive Officer, FMDQ Group, Mr Bola Onadele Koko said, “This transaction further proves that the programme’s effort towards developing a vibrant green bond market are gaining traction as more corporates and sub-nationals are beginning to explore green debt financing opportunities to raise capital towards pipelines of eligible projects.”

Stocks to watch: Mindtree, Vodafone Idea, RIL, IDBI Bank, Shilpa Medicare

Here are the top stocks to track in today s session: Earnings Today: Mindtree, Tata Metaliks, Deccan Health Care, Shree Ganesh Remedies and WS Industries are among eight companies that will release quarterly earnings today. RIL, Airtel, Voda Idea: Shares of telecom companies will be in focus after latest TRAI data showed Reliance Jio lead the market in mobile subscriber additions as it gained 4.7 million users in April even as troubled Vodafone Idea lost 1.8 million customers during the same period. Bharti Airtel added just 0.51 million mobile subscribers in April. Sunteck Realty: The company s pre-sales grew 74 per cent YoY in Q1FY22 to Rs 176 crore and collections grew by 165 per cent YoY to Rs 172 crore.

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