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: January 21, 2025 Securing Energy For Europe (SEFE) and marine infrastructure provider Höegh Evi have signed an MoU to establish international supply chains for clean hydrogen, with a focus on ammonia-based transportation. The collaboration will encompass sourcing ammonia, shipping it to floating import terminals, and converting it into hydrogen using Höegh Evi’s ammonia-to-hydrogen cracker. SEFE will manage global sourcing and hydrogen demand aggregation, while Höegh Evi will develop midstream infrastructure, including…
Author: PPD Team Date: January 16, 2025 JSW Energy Limited has been declared the successful applicant for acquiring the 3,600 MW Akaltara (Nariyara) Thermal Power Project (KSK Mahanadi) and received the Letter of Intent (LoI) on January 13, 2025. Located in Nariyara, Akaltara, in the Janjgir-Champa district of Chhattisgarh, the project is partly operational, with 1,800 MW of power in use. Electricity from the plant is supplied to distribution utilities in Andhra Pradesh, Tamil Nadu,…
Author: PPD Team Date: February 19, 2025 The governments of South Sudan and Uganda, in collaboration with the Nile Basin Initiative, have secured major funding from the African Development Fund (AfDB) and the European Union (EU) for the South Sudan-Uganda Power Interconnection Project. AfDB has committed USD 155 million in loans and grants, while the EU will provide an additional USD 27.1 million grant. The project, which faced delays due to financial and logistical issues,…
Author: PPD Team Date: July 28, 2025 India’s first tender for small nuclear reactors aimed at high-emission industries has drawn interest from major private companies. The project could lead to investments worth up to Rs 50,000 crore. Nuclear Power Corporation of India Ltd (NPCIL) has invited bids to build Bharat Small Reactors (BSRs) with a capacity of 220 megawatts (MW) each, intended for use in sectors such as steel and aluminium. The bid submission deadline…
Author: PPD Team Date: December 9, 2024 CVC DIF has sold its 169 MW portfolio of Uruguayan wind farm projects, comprising the Cerro Grande and Peralta wind farms, to Pluspetrol for an undisclosed amount. The transaction, executed by DIF Infrastructure V and DIF Infrastructure VI, marks Pluspetrol’s entry into the renewable energy sector. The portfolio, featuring 72 Enercon E-92 turbines, is the second-largest private renewable asset portfolio in Uruguay. The wind farms, located in the…
Author: PPD Team Date: January 16, 2026 The Madhya Pradesh cabinet has approved the development of three solar cum energy storage power supply projects to meet the state’s energy needs and improve grid reliability. The projects will be implemented through Rewa Ultra Mega Solar Limited (REWA). According to the state government, the approved projects together account for an aggregate solar capacity of 800 MW and are intended to support peak power demand in Madhya Pradesh….