Startup Funding

CESC's green arm to invest ₹3,800 crore in Uttar Pradesh solar plant

CESC Green Power Ltd signed an MoU with the Uttar Pradesh government to set up a 3GW solar cell and module plant, a 60 MW solar power plant, R&D facilities, and ancillary units, at an investment of around ₹3,800 crore; this comes on the heels of a ₹4,500-cr project in Odisha.

Industry Trends

HPCL Q3 Results: Cons PAT soars 58% YoY to Rs 4,011 crore, revenue up 5%

HPCL reported a sharp rise in Q3 profit on stronger refining margins, higher crude throughput and steady fuel sales growth. Revenue also increased sequentially, supported by record refinery utilisation and network expansion across retail outlets and LPG distribution.