Author: PPD Team Date: November 6, 2024
Tata Power Company Limited posted a net profit of Rs 10.93 billion for the quarter ending September 2024, marking a 7.47 per cent rise from Rs 10.17 billion in the same period last year.Â
The company’s total income grew by approximately 1.13 per cent to Rs 162.11 billion in Q2 FY2024, up from Rs 160.3 billion in the corresponding quarter of the previous year.
Author: PPD Team Date: October 18, 2024 Havells India reported a revenue increase of 22.8% year-on-year in its cables business for Q2 FY25 (July to September). Revenue reached Rs 18.05 billion, up from Rs 14.70 billion in Q2 FY24. Anil Rai Gupta, Chairman & Managing Director of Havells India, highlighted the growth across categories, driven by improving consumer demand and the festive season. However, he noted that margins were impacted due to commodity price volatility….
Author: PPD Team Date: September 29, 2025 The Ministry of New and Renewable Energy (MNRE) has issued new guidelines for testing and approval of storage batteries used in solar applications. The framework is part of the Solar Systems, Devices, and Component Goods Order 2025 and applies to lead-acid, lithium-ion, and nickel-based batteries. The guidelines define a product family as a group of models sharing common design features, with testing and conformity requirements based on the…
Author: PPD Team Date: December 9, 2024 The International Solar Alliance (ISA) and the United States Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) to strengthen grid interconnections and promote sustainable energy systems. The partnership aims to expand renewable energy usage, improve cross-border energy connectivity, and support the development of unified grids for large-scale clean power transfer. Under the agreement, USAID will collaborate with ISA to establish and expand renewable energy…
Author: PPD Team Date: September 5, 2025 ANDRITZ has been awarded a contract by Adani Green Energy Ltd (AGEL) to provide equipment for the 1,800 MW Gandikota pumped storage plant (PSP) in YSR Kadapa district, Andhra Pradesh. The company will deliver reversible pump turbines, motor-generators, and related electromechanical systems. This marks the third order AGEL has given ANDRITZ, following the 500 MW Chitravathi project in 2023 and the 1,500 MW Tarali project in June 2025….
Author: PPD Team Date: August 1, 2025 Vietnam and the International Partners Group (IPG) have identified 24 energy projects eligible for support under the Just Energy Transition Partnership (JETP), with an estimated investment requirement exceeding USD 7 billion. The update was shared during a coordination meeting in Hanoi involving Vietnam’s JETP Secretariat, the IPG, and other stakeholders. The shortlisted projects align with Vietnam’s goal of advancing a low-carbon, climate-resilient energy system. Three energy projects have…
Author: PPD Team Date: March 3, 2026 Oswal Solar Energy Private Limited, a wholly owned subsidiary of Oswal Pumps Limited, has secured an order worth approximately Rs 39.40 crore (including GST) for the installation of 7.46 MWp of grid-connected rooftop solar plants in Andhra Pradesh. The contract has been awarded by M/s Swashakthi Energy for the installation of solar systems for 3,729 Scheduled Caste (SC) and Scheduled Tribe (ST) consumers under the PM Surya Ghar:…