Author: PPD Team Date: November 12, 2024
Power Finance Corporation Limited (PFC) reported a net profit of Rs 72.15 billion for the quarter ending September 2024, an 8.86 per cent increase from Rs 66.28 billion in the same quarter last year.Â
The company’s total income also rose by 15.04 per cent, reaching Rs 257.55 billion compared to Rs 223.87 billion in the previous year’s corresponding period.
Author: PPD Team Date: January 21, 2025 Taiwan has slashed its 2025 budget for Taiwan Power (Taipower) by T$100 billion ($3.1 billion), sparking fears of electricity price hikes that could affect industries, including global semiconductor manufacturers, Bloomberg reported. The Democratic Progressive Party (DPP), led by President Lai Ching-te, lost its parliamentary majority in 2024, allowing the opposition Kuomintang (KMT) and Taiwan People’s Party to propose significant budget cuts. These include a record T$214.7 billion ($6.55…
Author: PPD Team Date: February 5, 2026 Coal India Limited (CIL) has approved the formation of a renewable energy joint venture in Uttar Pradesh, alongside a series of other corporate actions, including a large equity infusion into a gasification subsidiary and the creation of an overseas holding company. As part of its renewable push, CIL will set up a 51:49 joint venture with U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL). The proposed JV, which will…
Author: PPD Team Date: May 7, 2025 NTPC Renewable Energy Limited has commenced commercial operations of the final 60 MW at Limbdi, Gujarat, under the 150 MW Gujarat Solar PV Project – Phase XII. With this, the full capacity of the project is now operational. The project, awarded under Phase XII of Gujarat Urja Vikas Nigam Limited (GUVNL), is spread across three sites. It includes 60 MW at Radhanpur in Patan district, 30 MW at…
Author: PPD Team Date: October 18, 2024 Sembcorp Industries, through its subsidiary Sembcorp Green Infra, has won a 150 MW wind-solar hybrid project from the Solar Energy Corporation of India (SECI). The project, connected to the interstate transmission system (ISTS), is part of SECI’s 600 MW bid. Sembcorp has received the letter of award (LoA) for this build-own-operate (BOO) initiative. The power generated will be sold to SECI under a 25-year power purchase agreement (PPA)….
Author: PPD Team Date: April 17, 2025 Attero has signed a memorandum of understanding with the National Institute of Solar Energy (NISE), an autonomous body under the Ministry of New and Renewable Energy. The partnership aims to address the growing issue of solar panel waste in India. Under the agreement, NISE will provide sectoral insights and technical inputs to support Attero’s research and development in solar panel recycling. A pilot project will be launched to…
Author: PPD Team Date: January 6, 2026 Bondada Engineering Limited has received a Letter of Award (LoA) from Andhra Pradesh Power Transmission Corporation Limited (AP TRANSCO) for a major Battery Energy Storage System (BESS) project valued at about Rs 627 crore. The project involves setting up a 225 MW / 450 MWh standalone BESS facility under a build-own-operate model in Andhra Pradesh. The project will be set up at the 400/220 kV SS Hindupur substation…