Author: PPD Team Date: November 7, 2024
SJVN Limited has announced its financial results for the quarter ending September 2024 (Q2 FY25), reporting a consolidated net profit of Rs 4,399 million, a slight increase from Rs 4,396.4 million in the same period last year.
The company’s total income rose by approximately 16.48% to Rs 11,084.3 million, up from Rs 9,516.2 million in the corresponding quarter of the previous year.
Author: PPD Team Date: January 2, 2025 Purvah Green Power Private Limited, a subsidiary of CESC Limited, received a Letter of Award (LoA) from Noida Power Company Limited (NPCL) on December 30, 2024. The project involves developing 300 MW Inter-State Transmission System (ISTS)-connected wind-solar hybrid power projects across India to supply power to NPCL. In November 2024, NPCL invited bids for power procurement under the Tariff-Based Competitive Bidding (TBCB) mode.
Author: PPD Team Date: February 21, 2025 NTPC Green Energy Limited (NGEL) and Bharat Light and Power Private Limited (BLP) have signed a memorandum of understanding (MoU) to advance green energy initiatives and support India’s carbon neutrality goals. The agreement focuses on exploring the off-take of green hydrogen and its derivatives from NGEL and its affiliates to third parties. Both companies will also assess opportunities for selling captured carbon or biogenic carbon from NGEL’s operations….
Author: PPD Team Date: December 11, 2024 AM Green Ammonia India has entered into a binding power purchase agreement (PPA) with Gentari through its subsidiary, Gentari Renewables India Castor One. Under this long-term agreement, Gentari will supply 650 MW of round-the-clock (RTC), carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities. Gentari will develop approximately 2400 MWp of renewable energy capacity, comprising solar and wind, across Andhra Pradesh and Karnataka. This will be integrated…
Author: PPD Team Date: August 20, 2025 The Ministry of New and Renewable Energy (MNRE) has confirmed that solar generation is being curtailed during periods of low demand to maintain grid stability and ease transmission congestion. The ministry told Reuters that output cuts have been caused by some plants starting operations earlier than scheduled, while transmission projects faced delays. The practice, known as curtailment, has added to challenges for renewable developers already struggling with weak…
Author: PPD Team Date: June 11, 2025 Power Grid Corporation of India Ltd (PGCIL) has cleared a Rs 131.68 crore project titled Establishment of State-of-the-Art National Unified Network Management System (N-UNMS). This will integrate all regional network management systems into a unified national platform. The decision was taken by PGCIL’s Committee of Directors on Investment on Projects during its June 10, 2025 meeting. The project is being executed under the RTM framework, with formal allocation…
Author: PPD Team Date: March 13, 2025 AmpereHour Energy has raised USD 5 million (Rs 436 million) in a Series A funding round led by climate-focused fund Avaana Capital, with participation from UC Impower and existing angel investors. The company plans to use the capital to expand its manufacturing and software capabilities, strengthen research and development, and enhance product development. Additionally, AmpereHour Energy is allocating funds for geographical expansion, with ongoing projects in Oman and…