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: 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:…
Author: PPD Team Date: November 25, 2025 Ecoren Group has signed a MoU with the Andhra Pradesh government to develop large scale clean energy projects in the state. The company plans to invest Rs 762.50 billion and build 8 GW of renewable energy capacity along with 1.25 million tonnes per annum of green molecules. The initiative is expected to generate more than 12,000 direct and indirect jobs. Ecoren develops, finances and operates utility-scale renewable projects….
Author: PPD Team Date: February 13, 2025 The UK has launched the Clean Industry Bonus (CIB), a new incentive scheme aimed at supporting offshore wind projects and advancing the country’s goal of decarbonising its energy system by 2030. Set out in the Contracts for Difference (Allocation) Regulations 2014 and the Electricity Market Reform (General) Regulations 2014, the scheme will provide an initial £27 million ($33.5 million) in funding for each gigawatt (GW) of capacity awarded…
Author: PPD Team Date: July 3, 2025 SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN Limited, has commenced commercial operations of 100.25 MW solar capacity under Phase-II of its 1,000 MW Grid Connected Solar PV Power Project in Bikaner, Rajasthan. The capacity became operational on June 30, 2025. With this, the total commissioned capacity under the project has reached 501.02 MW. The solar park is being developed by Tata Power Solar Systems…
Author: PPD Team Date: July 10, 2025 Adani Power Limited (APL) has completed the acquisition of Vidarbha Industries Power Limited (VIPL) for an estimated Rs 40 billion. The deal, finalised on July 7, 2025, gives APL ownership of the Butibori Thermal Power Project in Nagpur district, Maharashtra. VIPL was a wholly owned subsidiary of Reliance Power Limited (RPL). It had developed the Butibori project with an investment of Rs 36.33 billion. The project consists of…
Author: PPD Team Date: November 6, 2025 INOX India Ltd, Suzlon Energy, and ACME Solar Holdings have reported solid financial results for the second quarter of FY26. INOX India Ltd recorded a 16% year-on-year increase in revenue to Rs 371 crore in Q2 FY26. EBITDA rose 18% to Rs 92 crore, while profit after tax (PAT) grew 22.9% to Rs 62 crore. Export revenue stood at Rs 211 crore, contributing 57% to total income. For…