Author: PPD Team Date: October 28, 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: November 8, 2024 Power Grid Corporation of India Ltd (PGCIL) has finalized the acquisition of two interstate transmission system (ISTS) projects awarded through a tariff-based competitive bidding process. These projects were transferred from bid process coordinator PFC Consulting Ltd (PFCCL) on November 7, 2024. The projects will operate under the build, own, operate, and transfer model. The first project, Barmer I Transmission Ltd, is a transmission system intended for power evacuation…
Author: PPD Team Date: May 29, 2025 AM Green and the Port of Rotterdam Authority have signed a memorandum of understanding (MoU) to establish a green energy supply chain between India and Northwestern Europe via Rotterdam. The partnership will support trade in hydrogen-based fuels, including bunkering fuels and sustainable aviation fuels (SAF), and develop necessary terminal infrastructure along the route. Rotterdam is a strategic choice for this partnership. As Europe’s largest seaport, it offers established…
Author: PPD Team Date: January 19, 2026 Indian Renewable Energy Development Agency Limited (IREDA) has announced that its wholly owned subsidiary, IREDA Global Green Energy Finance IFSC Limited (IGGEFIL), has sanctioned its first international green energy loan. The $22.5 million facility will support a 100 MW photovoltaic solar power project in Serenje District, Zambia. IREDA informed the stock exchanges through a regulatory filing dated 16 January 2026. The loan was approved at a Board meeting…
Author: PPD Team Date: March 17, 2025 UK Energy Minister Ed Miliband met Chinese officials in Beijing on March 17, urging stronger climate action even as China’s emissions continue to rise. China, the world’s largest emitter, has pledged to reach net zero by 2060 but missed key climate targets in 2024, with coal use increasing. The UK, aiming for full decarbonization by 2050, is looking to strengthen cooperation. Miliband launched the China-UK Energy Dialogue, arguing…
Author: PPD Team Date: December 5, 2024 GE Vernova Inc. has secured a contract with 50Hertz Transmission GmbH, one of Germany’s four transmission system operators, to deliver advanced grid-stabilizing technology to enhance the reliability of Germany’s electrical grid as it integrates more renewable energy sources. As part of the agreement, GE Vernova will provide its 300 Mvar FACTSFLEX GFM solution, a Static Synchronous Compensator (STATCOM) with Grid Forming Control (GFM). This technology stabilizes the grid…
Author: PPD Team Date: May 21, 2025 NTPC Limited has invited bids for enlistment of agencies to carry out geotechnical investigation works for upcoming nuclear power projects (NPPs). The deadline for bid submission is May 30, 2025. The scope includes investigations at four key project stages: site selection (preparatory), site evaluation (preliminary), excavation consent (detailed), and first pour of concreting (confirmatory). These investigations may be required on land or in water bodies, such as rivers…