Author: PPD Team Date: 30/10/2024
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Scaling power solutions to net zero by 2050 hindered by funding gaps
Author: PPD Team Date: 29/11/2024 Achieving net zero emissions by 2050 requires substantial financial support, but experts at the London Climate Technology Show 2024 highlighted a persistent lack of investment in key sectors like carbon capture, grid efficiency, and decarbonizing buildings. Speakers pointed to over-regulation and misaligned funding priorities as significant barriers. Teele Niidas, CMO of UP Catalyst, stressed the need to redirect trillions invested in technologies like AI towards scalable carbon capture solutions with…
NGEL and NTPC REL invite bids for solar projects in Gujarat and Rajasthan
Author: PPD Team Date: 02/06/2025 On May 30, 2025, NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, invited bids on behalf of IndianOil NTPC Green Energy Private Limited (INGEL) for the supply of solar photovoltaic (PV) modules. The modules will be used for setting up 600 MW (757.5 MWp) solar power projects in Bhuj, Gujarat. The last date for bid submission is July 3, 2025. The scope includes manufacturing, supply, packing,…
Inox Wind reports Rs 902.2 million profit in Q2 FY24, income up 93%
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G R Infraprojects wins bid for Karnataka Bijapur REZ project
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ACME Solar commissions 112.5 MW in Sikar
Author: PPD Team Date: 23/05/2025 ACME Solar Holdings Limited has commissioned 112.5 MW of solar capacity as part of the second phase of its Sikar solar project in Bikaner, Rajasthan. Earlier this month, the company commissioned 52.5 MW. With these additions, the total commissioned capacity has reached 165 MW out of the planned 300 MW. The remaining 135 MW is under commissioning. Power from the project will be sold on power exchanges under a merchant…
Patel Engineering reports 151% profit surge in Q2 FY25
Author: PPD Team Date: 13/11/2024 Patel Engineering Limited announced a net profit increase of 151% year-over-year for Q2 FY25. For the quarter ending September 30, 2024, the company reported a revenue increase of 14.98%, reaching Rs 11,743 million, driven by progress in hydropower, irrigation, and tunnelling projects. The operating EBITDA rose by 15.8% to Rs 1,622 million, while the net profit margin improved to 6.88%. The company’s order book stood at Rs 172,607 million, with…
Scaling power solutions to net zero by 2050 hindered by funding gaps
Author: PPD Team Date: 29/11/2024 Achieving net zero emissions by 2050 requires substantial financial support, but experts at the London Climate Technology Show 2024 highlighted a persistent lack of investment in key sectors like carbon capture, grid efficiency, and decarbonizing buildings. Speakers pointed to over-regulation and misaligned funding priorities as significant barriers. Teele Niidas, CMO of UP Catalyst, stressed the need to redirect trillions invested in technologies like AI towards scalable carbon capture solutions with…
NGEL and NTPC REL invite bids for solar projects in Gujarat and Rajasthan
Author: PPD Team Date: 02/06/2025 On May 30, 2025, NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, invited bids on behalf of IndianOil NTPC Green Energy Private Limited (INGEL) for the supply of solar photovoltaic (PV) modules. The modules will be used for setting up 600 MW (757.5 MWp) solar power projects in Bhuj, Gujarat. The last date for bid submission is July 3, 2025. The scope includes manufacturing, supply, packing,…
Inox Wind reports Rs 902.2 million profit in Q2 FY24, income up 93%
Author: PPD Team Date: 08/11/2024 Inox Wind Limited has announced a net profit of Rs 902.2 million for the quarter ending September 2024, contrasting with a loss of Rs 292.3 million in the same quarter last year. Total income rose significantly, increasing by 93 percent to Rs 7,417.4 million, compared to Rs 3,844 million in the same period the previous year.
G R Infraprojects wins bid for Karnataka Bijapur REZ project
Author: PPD Team Date: 16/12/2024 G R Infraprojects Limited has received a Letter of Intent (LoI) for the Transmission Scheme to integrate the Bijapur Renewable Energy Zone (REZ) in Karnataka. The project was awarded through a tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis. The work is scheduled for completion by December 12, 2026. Power Finance Corporation Consulting Limited (PFCCL) has been appointed as the bid process coordinator for…
ACME Solar commissions 112.5 MW in Sikar
Author: PPD Team Date: 23/05/2025 ACME Solar Holdings Limited has commissioned 112.5 MW of solar capacity as part of the second phase of its Sikar solar project in Bikaner, Rajasthan. Earlier this month, the company commissioned 52.5 MW. With these additions, the total commissioned capacity has reached 165 MW out of the planned 300 MW. The remaining 135 MW is under commissioning. Power from the project will be sold on power exchanges under a merchant…
Patel Engineering reports 151% profit surge in Q2 FY25
Author: PPD Team Date: 13/11/2024 Patel Engineering Limited announced a net profit increase of 151% year-over-year for Q2 FY25. For the quarter ending September 30, 2024, the company reported a revenue increase of 14.98%, reaching Rs 11,743 million, driven by progress in hydropower, irrigation, and tunnelling projects. The operating EBITDA rose by 15.8% to Rs 1,622 million, while the net profit margin improved to 6.88%. The company’s order book stood at Rs 172,607 million, with…
Scaling power solutions to net zero by 2050 hindered by funding gaps
Author: PPD Team Date: 29/11/2024 Achieving net zero emissions by 2050 requires substantial financial support, but experts at the London Climate Technology Show 2024 highlighted a persistent lack of investment in key sectors like carbon capture, grid efficiency, and decarbonizing buildings. Speakers pointed to over-regulation and misaligned funding priorities as significant barriers. Teele Niidas, CMO of UP Catalyst, stressed the need to redirect trillions invested in technologies like AI towards scalable carbon capture solutions with…
NGEL and NTPC REL invite bids for solar projects in Gujarat and Rajasthan
Author: PPD Team Date: 02/06/2025 On May 30, 2025, NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, invited bids on behalf of IndianOil NTPC Green Energy Private Limited (INGEL) for the supply of solar photovoltaic (PV) modules. The modules will be used for setting up 600 MW (757.5 MWp) solar power projects in Bhuj, Gujarat. The last date for bid submission is July 3, 2025. The scope includes manufacturing, supply, packing,…