Author: PPD Team Date: October 15, 2024
Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024.
In Q2 FY25 (July to September), SWREL recorded an order inflow of approximately Rs 205 billion, including an Rs 82.3 billion order received on October 14. All orders were from the domestic market.
Author: PPD Team Date: February 13, 2025 Schneider Electric Infrastructure Ltd (SEIL) has announced plans to expand its medium power transformer manufacturing capacity. In a regulatory filing on February 11, 2025, SEIL revealed that its board of directors approved an investment of Rs 136 million to enhance the existing capacity by 1,500 MVA per year. The investment will be financed through internal accruals and/or borrowings. The capacity expansion aims to meet the growing market demand…
Author: PPD Team Date: March 28, 2025 Adani Green Energy Limited (AGEL) has commenced commercial operations for 396.7 MW of wind and solar power projects under the 30,000 MW Khavda Wind-Solar Hybrid Renewable Energy Power Park in Gujarat’s Rann of Kutch. The projects became operational on March 28, 2025. Three special purpose vehicles (SPVs) of AGEL have commissioned the following capacities: Adani Renewable Energy Fifty Six Limited: 200 MW solar power project. Adani Renewable Energy…
Author: PPD Team Date: February 7, 2025 Matrix Renewables has closed a €40 million non-recourse financing agreement with UniCredit to support the development and construction of six solar photovoltaic (PV) plants across Sicily, Campania, and Lombardia. The total capacity of the projects is 40 MW, with construction having begun in September 2024. Operations are expected to start in the first quarter of 2025. The projects will also create full-time jobs during the construction phase. Once…
Author: PPD Team Date: March 10, 2025 Jindal Power Limited (JPL) has received a Letter of Intent (LoI) to acquire Bhadreshwar Vidyut Private Limited for Rs 5 billion. The Gujarat-based thermal power company operates the Kutch Coal-Based Power Project and was undergoing a corporate insolvency resolution process (CIRP). Bhadreshwar Vidyut, formerly known as OPG Power Gujarat Private Limited (OPGL), is a subsidiary of OPG Power Ventures Plc. The company set up a coal-based thermal power…
Author: PPD Team Date: October 30, 2024 NTPC‘s R&D division, NETRA, in collaboration with the Indian Institute of Petroleum (IIP) Dehradun, has developed an indigenous catalyst for converting CO2 into methanol. This catalyst, crucial for chemical synthesis, facilitates CO2 hydrogenation and is currently being tested in a 10 kg/day methanol pilot plant. In this process, 1 mole of CO2 and 3 moles of H2 are passed through a fixed-bed downflow reactor, producing methanol with over…
Author: PPD Team Date: December 4, 2025 Indian Energy Exchange Limited reported a 17.7 per cent year-on-year rise in electricity trading volumes in November 2025, with total transactions reaching 11,409 MU. The company also confirmed that Indian Gas Exchange Limited has secured board approval to begin its IPO process. IEX saw varied performance across its market segments. The Day Ahead Market recorded 5,668 MU, which was a slight 0.3 per cent increase from a year…