Author: PPD Team Date: 07/11/2024
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: 07/01/2025 The US Government is taking steps to lift restrictions on Indian nuclear entities to strengthen energy relations and reinforce the 2005 nuclear deal. US National Security Advisor Jake Sullivan stated that the US is finalizing efforts to remove long-standing regulations preventing civil nuclear cooperation between India’s top nuclear entities and US companies. Since the mid-2000s, the US and India have discussed the supply of US nuclear reactors to meet India’s…
Author: PPD Team Date: 25/04/2025 Rajesh Power Services Limited (RPSL) has secured three contracts worth Rs 11,160 million for power transmission and distribution projects in Gujarat. The contracts were awarded by a mix of government and institutional clients on April 23, 2025. The work includes: (a) A turnkey contract for supply, installation, testing, and commissioning of 11/22 kV high-tension underground cable and medium voltage covered conductor (MVCC) overhead network. (b) Design, engineering, manufacturing, supply, erection,…
Author: PPD Team Date: 21/11/2024 China’s Ministry of Industry and Information Technology has finalized new investment guidelines for solar photovoltaic (PV) manufacturing projects to address persistent overcapacity and stabilize the industry. The guidelines, announced on November 20, 2024, increase the minimum capital ratio for solar PV projects to 30%, up from 20% for certain projects. This threshold, previously reserved for polysilicon manufacturing, aims to ensure financial discipline within the sector. While the guidelines are not…
Author: PPD Team Date: 05/03/2025 Hindustan Power has signed a Memorandum of Understanding (MoU) with the Government of Assam to invest Rs 6.2 billion in solar power and battery energy storage projects. The announcement was made at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, where investors, policymakers, and industry leaders discussed the state’s economic potential. The company will allocate Rs 5 billion for a 100 MW solar power plant and Rs…
Author: PPD Team Date: 16/05/2025 The Provincial Government of Binh Dinh has proposed the inclusion of the 15 MW Hoi Van geothermal power project in Vietnam’s national power development plan VIII (PDP8). The project, to be located in Cat Hiep commune, Phu Cat district, requires an estimated investment of USD32.7 million. It is intended to diversify the province’s energy mix and contribute to national renewable energy targets. Geothermal energy is still at an early stage…
Author: PPD Team Date: 27/12/2024 PFC Consulting Limited (PFCCL) has incorporated Mundra I Transmission Limited, a special purpose vehicle (SPV), for developing the transmission system to supply power to Green Hydrogen and Ammonia manufacturing facilities in the Mundra area of Gujarat (3 GW) under Phase-I Part B1. This was announced on December 27, 2024. PFCCL has been designated as the bid process coordinator (BPC) to select a transmission service provider (TSP) through the tariff-based competitive…
Author: PPD Team Date: 07/01/2025 The US Government is taking steps to lift restrictions on Indian nuclear entities to strengthen energy relations and reinforce the 2005 nuclear deal. US National Security Advisor Jake Sullivan stated that the US is finalizing efforts to remove long-standing regulations preventing civil nuclear cooperation between India’s top nuclear entities and US companies. Since the mid-2000s, the US and India have discussed the supply of US nuclear reactors to meet India’s…
Author: PPD Team Date: 25/04/2025 Rajesh Power Services Limited (RPSL) has secured three contracts worth Rs 11,160 million for power transmission and distribution projects in Gujarat. The contracts were awarded by a mix of government and institutional clients on April 23, 2025. The work includes: (a) A turnkey contract for supply, installation, testing, and commissioning of 11/22 kV high-tension underground cable and medium voltage covered conductor (MVCC) overhead network. (b) Design, engineering, manufacturing, supply, erection,…
Author: PPD Team Date: 21/11/2024 China’s Ministry of Industry and Information Technology has finalized new investment guidelines for solar photovoltaic (PV) manufacturing projects to address persistent overcapacity and stabilize the industry. The guidelines, announced on November 20, 2024, increase the minimum capital ratio for solar PV projects to 30%, up from 20% for certain projects. This threshold, previously reserved for polysilicon manufacturing, aims to ensure financial discipline within the sector. While the guidelines are not…
Author: PPD Team Date: 05/03/2025 Hindustan Power has signed a Memorandum of Understanding (MoU) with the Government of Assam to invest Rs 6.2 billion in solar power and battery energy storage projects. The announcement was made at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, where investors, policymakers, and industry leaders discussed the state’s economic potential. The company will allocate Rs 5 billion for a 100 MW solar power plant and Rs…
Author: PPD Team Date: 16/05/2025 The Provincial Government of Binh Dinh has proposed the inclusion of the 15 MW Hoi Van geothermal power project in Vietnam’s national power development plan VIII (PDP8). The project, to be located in Cat Hiep commune, Phu Cat district, requires an estimated investment of USD32.7 million. It is intended to diversify the province’s energy mix and contribute to national renewable energy targets. Geothermal energy is still at an early stage…
Author: PPD Team Date: 27/12/2024 PFC Consulting Limited (PFCCL) has incorporated Mundra I Transmission Limited, a special purpose vehicle (SPV), for developing the transmission system to supply power to Green Hydrogen and Ammonia manufacturing facilities in the Mundra area of Gujarat (3 GW) under Phase-I Part B1. This was announced on December 27, 2024. PFCCL has been designated as the bid process coordinator (BPC) to select a transmission service provider (TSP) through the tariff-based competitive…
Author: PPD Team Date: 07/01/2025 The US Government is taking steps to lift restrictions on Indian nuclear entities to strengthen energy relations and reinforce the 2005 nuclear deal. US National Security Advisor Jake Sullivan stated that the US is finalizing efforts to remove long-standing regulations preventing civil nuclear cooperation between India’s top nuclear entities and US companies. Since the mid-2000s, the US and India have discussed the supply of US nuclear reactors to meet India’s…
Author: PPD Team Date: 25/04/2025 Rajesh Power Services Limited (RPSL) has secured three contracts worth Rs 11,160 million for power transmission and distribution projects in Gujarat. The contracts were awarded by a mix of government and institutional clients on April 23, 2025. The work includes: (a) A turnkey contract for supply, installation, testing, and commissioning of 11/22 kV high-tension underground cable and medium voltage covered conductor (MVCC) overhead network. (b) Design, engineering, manufacturing, supply, erection,…