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Rwanda s Energy Firm Issues US$6 5M Corporate Bond On RSE

ENERGICOTEL “ECTL” PLC, a Rwandan based Independent Power Producer (IPP) and an EngineeringConsulting Company is expected to issue and list its Corporate Bond on the Rwanda Stock Exchange (RSE) on Monday, July 26, 2021. The company’s Executive Director, Ferdy Turasenga, told Taarifa on Thursday evening that the firm has secured regulatory approval from the Capital […]

Adani Green Energy posts Rs 41 36 cr net profit in December quarter

Adani Green Energy on Wednesday posted a consolidated net profit of Rs 41.36 crore in the December quarter mainly on the back of higher revenues. The consolidated net loss of the firm was Rs 128.46 crore in the quarter ended on December 31, 2019, a regulatory filing said. Total income of the company for the quarter under review rose to Rs 842.91 crore from Rs 523.20 crore in the year-ago period. Over the past year we have accelerated our commitment to the Renewable Energy Space based on the new data that has become available. I fundamentally believe that the targets of renewable power will continue to be raised given the need as well as the affordability, Adani Green Energy Chairman Gautam Adani said.

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