Author: PPD Team Date: November 12, 2024
Voltamp Transformers Limited has received a Letter of Intent (LoI) valued at Rs 2,633.3 million from Gujarat Energy Transmission Corporation Limited (GETCO) for the design, manufacturing, testing, and supply of various ratings of power transformers.
The project, awarded on November 5, 2024, is expected to be completed within 12 months.
Author: PPD Team Date: July 28, 2025 Indian Energy Exchange (IEX), Adani Energy Solutions Ltd (AESL), and REC Ltd have reported improved financial performance for the first quarter (Q1) of financial year 2025–26. IEX posted a net profit of Rs 120 crore, up from Rs 96 crore in Q1FY25. Total income for the quarter stood at Rs 1,825.12 crore, while consolidated net sales rose 14.72% year-on-year (Y-o-Y) to Rs 141.75 crore. AESL reported a net…
Author: PPD Team Date: April 10, 2026 Vihaan Clean & Green Tech Private Limited has launched a biomass-based boiler plant in Gujarat under its Phase 2 expansion, with the facility designed to operate entirely on biomass fuel and expected to reduce carbon dioxide emissions by about 81,000 tonnes annually. The plant uses agricultural residue as its primary fuel, converting crop waste into steam for industrial applications. The company stated that the system enables consistent steam…
Author: PPD Team Date: March 19, 2026 Patratu Vidyut Utpadan Nigam Limited (PVUNL) has synchronised Unit-2, an 800 MW unit of the Patratu Super Thermal Power Plant (STPP), with the grid on March 17, 2026. The milestone advances the project towards full commissioning of Phase I. Project progress The development follows the commercial operation of Unit-1, which was declared on November 5, 2025. Unit-2 has been synchronised but has not yet achieved commercial operation. PVUNL…
Author: PPD Team Date: April 21, 2026 Indosolar Limited reported a sharp improvement in financial performance for the fiscal year ended March 31, 2026, supported by higher module production and operational efficiencies. Profit After Tax (PAT) rose to Rs 246.60 crore, up 350.16% from Rs 54.78 crore in FY25. Revenue from operations increased to Rs 679.85 crore in FY26, reflecting a year-on-year growth of 109.89% over Rs 323.91 crore in FY25. Earnings Before Interest, Taxes,…
Author: PPD Team Date: February 16, 2026 Patel Engineering Limited (PEL) reported consolidated revenue from operations of Rs 1,239 Cr in Q3 FY26, compared to Rs 1,206 Cr in Q3 FY25, reflecting a 2.81% year-over-year increase. Consolidated net profit for the quarter stood at Rs 71 Cr. As of December 31, 2025, the company’s order book was Rs 15,123 Cr. Consolidated operating earnings before interest, tax, depreciation and amortisation (EBITDA) for Q3 FY26 were Rs…
Author: PPD Team Date: April 20, 2026 ACME Solar Holdings Limited said its subsidiary, ACME Eco Clean Energy Private Limited, has received the Certificate of Commissioning for a 16 MW wind power project in Gujarat. According to a regulatory filing, the certificate was issued by Gujarat Energy Development Agency (GEDA) on April 16, 2026. The development follows earlier updates submitted in March 2026 on the project’s progress. The wind project is located across multiple villages—Nana…