Powerica Q1 Results: Net Profit Rises to 600M Rupees, Revenue Up to 7.3B YoY
Powerica reported Q1 net profit of 600M rupees, up from 417M rupees year-on-year, alongside revenue growth to 7.3B rupees from 5.6B rupees. EBITDA rose to 1B rupees from 740M rupees, while EBITDA margin improved to 13.86% from 13.19% on a year-on-year basis, reflecting consistent operational progress.
06Aug 26
Powerica Wins Award From SECI For 100 MW Wind Power Project In Gujarat
Powerica has won an award from the Solar Energy Corporation of India (SECI) for a 100 MW wind power project in Gujarat. The project marks a key addition to the company's renewable energy portfolio. SECI, a central government enterprise under the Ministry of New and Renewable Energy, is the awarding authority for this utility-scale wind power development.
Powerica Signs PPA With GUVNL for 100 MW Wind Project in Gujarat at ₹3.44 Per kWh for 25 Years
Powerica has signed a Power Purchase Agreement with GUVNL for a 100 MW wind power project in Gujarat. The PPA is set at a tariff of ₹3.44 per kWh and spans a period of 25 years. The agreement establishes a long-term offtake arrangement with the Gujarat state power procurement entity, providing extended revenue visibility for the project.