Author: PPD Team Date: October 30, 2024
NLC India Limited has posted a net profit of Rs 9.82 billion for the quarter ending September 2024, marking a 9.58% decrease from the Rs 10.86 billion reported in the same period last year.
However, the company’s total income rose by approximately 35%, reaching Rs 43.70 billion for the quarter, compared to Rs 32.34 billion in the corresponding period of the previous year.
Author: PPD Team Date: May 22, 2025 SAEL Industries Limited has announced plans to establish a solar cell manufacturing facility in Greater Noida, Uttar Pradesh. The facility will have an annual production capacity of 5 GW and is expected to attract an investment of around Rs 50 billion. This marks SAEL’s entry into solar cell manufacturing. The company may also expand into production of wafers and ingots, based on market demand and policy support. SAEL…
Author: PPD Team Date: March 23, 2026 The Central Electricity Authority (CEA) has released its transmission plan to support the integration of over 900 GW of non-fossil fuel capacity by 2035-36. The plan defines the network buildout required as renewable energy (RE) capacity accelerates, and sets a reference framework for regulators and state utilities. The plan estimates an investment of Rs. 7,93,300 crores to develop 1,37,500 circuit-kilometres of transmission lines and 8,27,600 MVA of substation…
Author: PPD Team Date: June 2, 2025 Bridge and Roof Company (India) Limited has secured an engineering, procurement, and construction (EPC) contract from NTPC Limited for developing a 26 MW floating solar photovoltaic (PV) project at Sipat Reservoir 1-B in Bilaspur, Chhattisgarh. NTPC had invited bids for the floating solar project in February 2024. Following the EPC award, Bridge and Roof issued a tender on May 28, 2025, to engage an agency for detailed engineering…
Author: PPD Team Date: December 12, 2025 Former Chief Secretary of Gujarat, Pankaj Joshi, has been appointed Chairperson of the Gujarat Electricity Regulatory Commission (GERC). The state government has also named Jatin Natvarlal Thakkar and Navinchandra Shah as Members of the Commission. The appointments follow recommendations made by a Selection Committee formed earlier this year to shortlist candidates for the posts. An official notification said Joshi will take charge from the date he assumes office….
Author: PPD Team Date: February 26, 2025 Madhya Pradesh has signed multiple Memorandums of Understanding (MoUs) with key energy companies at the Global Investors Summit 2025, securing investments across renewable energy, pumped storage, and other infrastructure projects. These include: SECI: The Solar Energy Corporation of India Limited (SECI) signed an MoU with the state government to develop a 200 MW solar project in Dhar and a 1,000 MWh battery storage project. SECI has proposed a…
Author: PPD Team Date: July 23, 2025 All five units of Tata Power’s Mundra power plant have remained shut since July 1 due to maintenance, according to CNBC. The shutdown coincides with the Ministry of Power’s decision not to extend Section 11 of the Electricity Act, which had temporarily mandated operation of imported coal-based power plants, beyond June 30, 2025. Brokerage firm IIFL noted that the Centre’s decision stems from the absence of peak power…