Indian billionaire Gautam Adani’s Adani Power reports 134% rise in quarterly profit
Adani Power’s Q2 net profit climbed 134% to ₹69.19 billion as stronger electricity demand and one off gains boosted earnings.
Electricity
Umeme, Uganda's former power monopoly chaired by Patrick Bitature, has lost 85% of its value
Umeme shares have fallen about 85% since its Ugandan concession ended, and the company says it has no operating revenue and expects another loss.