Power

Several power sector companies are navigating significant transitions and reporting financial results. Rattanindia Power is appealing an insolvency order, while Suryachakra Power remains under liquidation, highlighting ongoing challenges within the sector. Meanwhile, GMDC reported a substantial 45% increase in net profit for FY26, driven by exceptional income from GST credit restoration, and recommended a significant dividend. CleanMax Enviro Energy Solutions demonstrated robust growth, commissioning 1.4 GW of renewable energy capacity and achieving a notable increase in run-rate EBITDA, reflecting the sector’s potential for expansion and investor interest. These developments underscore a mixed landscape of restructuring, regulatory hurdles, and growth opportunities within the Indian power industry.