Author: PPD Team Date: 28/10/2024
Adani Green Energy Limited (AGEL) reported a net profit of Rs 5.15 billion for the quarter ending September 2024, marking a 39% increase from Rs 3.71 billion in the same quarter last year.
The company’s total income rose by 30.39% to Rs 33.76 billion during this period, up from Rs 25.89 billion recorded in the corresponding quarter of the previous year.
Author: PPD Team Date: 17/01/2025 Masdar, the United Arab Emirates’ clean energy provider, has entered the Philippines renewables market with agreements to develop 1GW of solar, wind, and battery energy storage systems (BESS) by 2030. The agreements, signed with the Philippines Department of Energy (DoE) and the Board of Investments, support the country’s energy transition programme. This initiative aims to achieve 35% renewable energy in power generation by 2030 and 50% by 2040. Masdar CEO…
Author: PPD Team Date: 29/11/2024 The Asian Development Bank (ADB) and Gulf Renewable Energy Company, a subsidiary of Gulf Energy Development Public Company, have finalized an $820 million loan agreement to fund 12 renewable energy projects in Thailand. These include eight ground-mounted solar photovoltaic (PV) plants and four solar PV plants integrated with battery energy storage systems (BESS). The projects have a combined solar PV capacity of 393 MW, with the solar plus BESS plants…
Author: PPD Team Date: 30/05/2025 Karnataka Power Transmission Corporation Limited (KPTCL) issued a tender on May 26, 2025, inviting bids for a combined turnkey package covering three transformer-related infrastructure works—Packages A, B, and C. The deadline for bid submission is June 16, 2025. The turnkey contract includes the supply of materials, equipment, mandatory spares, erection, dismantling, civil works, testing, and commissioning. The total estimated cost of the project is Rs 1,489.88 million, with a completion…
Author: PPD Team Date: 14/05/2025 Gujarat Energy Transmission Corporation Limited (GETCO) has invited bids for multiple transmission infrastructure projects under the Gujarat Green Energy Corridor (GEC)-II scheme. These include a 765 kV double-circuit (D/C) transmission line and transformer procurement in two separate packages. For the transmission line, GETCO has called for design, supply, erection, testing, and commissioning of the 765 kV D/C Som Pipaliya (Saurashtra)–Vataman line. The route length is 118.186 km, and the line…
Author: PPD Team Date: 05/11/2024 KEC International Ltd has recorded its highest-ever order book, including L1 positions, reaching over Rs 425 billion as of November 5, 2024. The confirmed order book stands at Rs 340.88 billion, with an L1 position valued at around Rs 85 billion. From April 1 to November 5, 2024, KEC’s order inflow reached Rs 134.82 billion, marking a 50% growth over the same period in FY24. This inflow is split evenly…
Author: PPD Team Date: 13/12/2024 Vestas has announced plans to transition its Isle of Wight factory in the UK from manufacturing offshore turbine blades to onshore blade production. The shift follows an agreement in principle with the UK government and responds to declining demand for V174 offshore turbine blades and site constraints unsuitable for next-generation offshore blades. Vestas will sustain 300 manufacturing jobs at the site while creating additional opportunities across its UK operations. The…
Author: PPD Team Date: 17/01/2025 Masdar, the United Arab Emirates’ clean energy provider, has entered the Philippines renewables market with agreements to develop 1GW of solar, wind, and battery energy storage systems (BESS) by 2030. The agreements, signed with the Philippines Department of Energy (DoE) and the Board of Investments, support the country’s energy transition programme. This initiative aims to achieve 35% renewable energy in power generation by 2030 and 50% by 2040. Masdar CEO…
Author: PPD Team Date: 29/11/2024 The Asian Development Bank (ADB) and Gulf Renewable Energy Company, a subsidiary of Gulf Energy Development Public Company, have finalized an $820 million loan agreement to fund 12 renewable energy projects in Thailand. These include eight ground-mounted solar photovoltaic (PV) plants and four solar PV plants integrated with battery energy storage systems (BESS). The projects have a combined solar PV capacity of 393 MW, with the solar plus BESS plants…
Author: PPD Team Date: 30/05/2025 Karnataka Power Transmission Corporation Limited (KPTCL) issued a tender on May 26, 2025, inviting bids for a combined turnkey package covering three transformer-related infrastructure works—Packages A, B, and C. The deadline for bid submission is June 16, 2025. The turnkey contract includes the supply of materials, equipment, mandatory spares, erection, dismantling, civil works, testing, and commissioning. The total estimated cost of the project is Rs 1,489.88 million, with a completion…
Author: PPD Team Date: 14/05/2025 Gujarat Energy Transmission Corporation Limited (GETCO) has invited bids for multiple transmission infrastructure projects under the Gujarat Green Energy Corridor (GEC)-II scheme. These include a 765 kV double-circuit (D/C) transmission line and transformer procurement in two separate packages. For the transmission line, GETCO has called for design, supply, erection, testing, and commissioning of the 765 kV D/C Som Pipaliya (Saurashtra)–Vataman line. The route length is 118.186 km, and the line…
Author: PPD Team Date: 05/11/2024 KEC International Ltd has recorded its highest-ever order book, including L1 positions, reaching over Rs 425 billion as of November 5, 2024. The confirmed order book stands at Rs 340.88 billion, with an L1 position valued at around Rs 85 billion. From April 1 to November 5, 2024, KEC’s order inflow reached Rs 134.82 billion, marking a 50% growth over the same period in FY24. This inflow is split evenly…
Author: PPD Team Date: 13/12/2024 Vestas has announced plans to transition its Isle of Wight factory in the UK from manufacturing offshore turbine blades to onshore blade production. The shift follows an agreement in principle with the UK government and responds to declining demand for V174 offshore turbine blades and site constraints unsuitable for next-generation offshore blades. Vestas will sustain 300 manufacturing jobs at the site while creating additional opportunities across its UK operations. The…
Author: PPD Team Date: 17/01/2025 Masdar, the United Arab Emirates’ clean energy provider, has entered the Philippines renewables market with agreements to develop 1GW of solar, wind, and battery energy storage systems (BESS) by 2030. The agreements, signed with the Philippines Department of Energy (DoE) and the Board of Investments, support the country’s energy transition programme. This initiative aims to achieve 35% renewable energy in power generation by 2030 and 50% by 2040. Masdar CEO…
Author: PPD Team Date: 29/11/2024 The Asian Development Bank (ADB) and Gulf Renewable Energy Company, a subsidiary of Gulf Energy Development Public Company, have finalized an $820 million loan agreement to fund 12 renewable energy projects in Thailand. These include eight ground-mounted solar photovoltaic (PV) plants and four solar PV plants integrated with battery energy storage systems (BESS). The projects have a combined solar PV capacity of 393 MW, with the solar plus BESS plants…