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L&T Energy to build 10 KTPA green hydrogen plant for IOCL

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L&T Energy GreenTech Limited (LTEGL) has won Indian Oil Corporation Limited’s (IOCL) tender to develop a 10 kilo tonnes per annum (KTPA) green hydrogen facility at the Panipat refinery petrochemical complex in Haryana. The plant will be built on a build-own-operate basis. LTEGL secured the entire capacity at a discovered tariff of Rs 397 per kg. The tender was floated in April 2024, with bids also received from ReNew E Fuels and NTPC Renewable Energy…

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MNRE clarifies ALMM norms for solar cells, defines rules for PID variants

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The Ministry of New and Renewable Energy (MNRE) has released detailed clarifications on the inclusion of solar cells in the Approved List of Models and Manufacturers (ALMM). The guidelines define how product families and minor changes will be handled during the enlistment process. Solar cells with and without potential induced degradation (PID) resistance will be considered distinct product families and will be listed separately. Efficiency and wattage data collected during ALMM inspections will be used…

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KPIL posts record revenue and profit in FY25, wins Rs 23.72 billion in new orders

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Kalpataru Projects International Limited (KPIL) has reported its highest-ever revenue and profit figures for the quarter and year ended March 31, 2025. In Q4 FY25, consolidated revenue rose 18 per cent year-on-year (YoY), while profit before tax (PBT) jumped 40 per cent YoY. For the full year, KPIL’s consolidated revenue stood at Rs 223.16 billion, up 14 per cent YoY. EBITDA increased 13 per cent YoY to Rs 18.34 billion, and PBT rose 17 per…

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Toshiba and Advait win Powergrid contracts worth over Rs 14 billion

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Power Grid Corporation of India Limited (PGCIL) has awarded two major contracts valued at over Rs 14 billion to Toshiba Transmission & Distribution Systems (India) Private Limited and Advait Energy Transitions Limited. Toshiba has secured a contract worth Rs 5.67 billion under the 400kV Transformer Package-4TR-07-BULK. The order includes procurement of 20 units of 500 MVA, 400/220/33kV, 3-phase transformers. This forms part of Powergrid’s bulk procurement of 765kV and 400kV class transformers and reactors of…

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Consultancy contracts awarded across thermal, hydro, and solar projects

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Several consultancy contracts have been awarded in the power sector across thermal, hydro, and solar projects in different states. These assignments cover a range of technical services including DPR preparation, geotechnical investigations, project management consultancy, and surveys. Desein Private Limited has secured a contract worth Rs 0.69 million from Haryana Power Generation Corporation Limited (HPGCL). The consultancy involves preparation of a detailed project report (DPR) for the proposed 2×800 MW coal-based ultra-supercritical Panipat Thermal Power…