Author: PPD Team Date: 04/12/2024
Solar Industries India and its subsidiary have secured export orders worth Rs 20.39 billion for the supply of defence products to international clients.
The deliveries will span four years.
In November, the company received another export order valued at Rs 3.99 billion from an overseas customer, to be fulfilled within three years.
Author: PPD Team Date: 16/12/2024 Westinghouse Electric Company and BWXT Canada have signed a memorandum of understanding (MoU) to collaborate on nuclear new-build projects in Canada and globally. BWXT Canada will manufacture key components for Westinghouse’s AP1000 and AP300 reactors, including steam generators and reactor vessels. This partnership strengthens Westinghouse’s AP1000 and AP300 initiatives, leveraging BWXT Canada’s expertise in pressurised water reactor steam generators and nuclear fuel. Westinghouse anticipates that each AP1000 unit built outside…
Author: PPD Team Date: 27/02/2025 Jyoti Structures Limited has received a Rs 3.89 billion Notification of Award (NoA) from Adani Energy Solutions Limited (AESL) for the 765 kV DC transmission line 1B of Boisar II-Pune III. The contract includes tower supply, survey, soil investigation, foundations, erection, stringing, testing, and commissioning on a turnkey basis. The project is part of the Transmission System for Evacuation of Power from the potential renewable energy zone in Khavda, Gujarat,…
Author: PPD Team Date: 16/04/2025 China plans to continue building coal-fired power plants until at least 2027, according to new government guidelines aimed at upgrading the country’s coal power infrastructure. The decision, released by China’s state planner and energy regulator, is stirring debate over the nation’s long-term climate commitments, particularly its pledge to start cutting coal use between 2026 and 2030. Officials say new coal plants will be built only in areas where they are…
Author: PPD Team Date: 21/03/2025 The joint venture of Hindustan Construction Company Limited and Tata Projects Limited has secured a Rs 24.7 billion contract from Tata Power Company Limited for the construction of the 1,000 MW Bhivpuri Pumped Hydro Storage Project in Maharashtra. The project will be developed at Karjat with a total estimated cost of Rs 56.66 billion, financed 75 per cent by debt and 25 per cent by equity. The project received environmental…
Author: PPD Team Date: 23/12/2024 Excelsior Energy Capital has entered a multi-year agreement with LG Energy Solution Vertech for a 7.5 gigawatt hour (GWh) reservation to support its US clean energy projects. This agreement ensures a steady supply of high-quality battery energy storage systems (BESS) for Excelsior’s standalone and hybrid energy storage projects across the country. From 2026, the batteries will be produced at LG Energy Solution Vertech’s advanced US facilities, strengthening supply chain security….
Author: PPD Team Date: 15/01/2025 Sunsure Energy has achieved financial closure for its 150 MW open access solar park project in Solapur, Maharashtra. The company secured long-term debt financing of Rs 4.16 billion (USD 48.07 million) from Aseem Infrastructure Finance Limited. The first phase of the solar park has been commissioned, and the entire project is slated for completion by March 2025. Power generated will be supplied to industrial clients, including Sandoz, KSB, Olon, Bharat…
Author: PPD Team Date: 16/12/2024 Westinghouse Electric Company and BWXT Canada have signed a memorandum of understanding (MoU) to collaborate on nuclear new-build projects in Canada and globally. BWXT Canada will manufacture key components for Westinghouse’s AP1000 and AP300 reactors, including steam generators and reactor vessels. This partnership strengthens Westinghouse’s AP1000 and AP300 initiatives, leveraging BWXT Canada’s expertise in pressurised water reactor steam generators and nuclear fuel. Westinghouse anticipates that each AP1000 unit built outside…
Author: PPD Team Date: 27/02/2025 Jyoti Structures Limited has received a Rs 3.89 billion Notification of Award (NoA) from Adani Energy Solutions Limited (AESL) for the 765 kV DC transmission line 1B of Boisar II-Pune III. The contract includes tower supply, survey, soil investigation, foundations, erection, stringing, testing, and commissioning on a turnkey basis. The project is part of the Transmission System for Evacuation of Power from the potential renewable energy zone in Khavda, Gujarat,…
Author: PPD Team Date: 16/04/2025 China plans to continue building coal-fired power plants until at least 2027, according to new government guidelines aimed at upgrading the country’s coal power infrastructure. The decision, released by China’s state planner and energy regulator, is stirring debate over the nation’s long-term climate commitments, particularly its pledge to start cutting coal use between 2026 and 2030. Officials say new coal plants will be built only in areas where they are…
Author: PPD Team Date: 21/03/2025 The joint venture of Hindustan Construction Company Limited and Tata Projects Limited has secured a Rs 24.7 billion contract from Tata Power Company Limited for the construction of the 1,000 MW Bhivpuri Pumped Hydro Storage Project in Maharashtra. The project will be developed at Karjat with a total estimated cost of Rs 56.66 billion, financed 75 per cent by debt and 25 per cent by equity. The project received environmental…
Author: PPD Team Date: 23/12/2024 Excelsior Energy Capital has entered a multi-year agreement with LG Energy Solution Vertech for a 7.5 gigawatt hour (GWh) reservation to support its US clean energy projects. This agreement ensures a steady supply of high-quality battery energy storage systems (BESS) for Excelsior’s standalone and hybrid energy storage projects across the country. From 2026, the batteries will be produced at LG Energy Solution Vertech’s advanced US facilities, strengthening supply chain security….
Author: PPD Team Date: 15/01/2025 Sunsure Energy has achieved financial closure for its 150 MW open access solar park project in Solapur, Maharashtra. The company secured long-term debt financing of Rs 4.16 billion (USD 48.07 million) from Aseem Infrastructure Finance Limited. The first phase of the solar park has been commissioned, and the entire project is slated for completion by March 2025. Power generated will be supplied to industrial clients, including Sandoz, KSB, Olon, Bharat…
Author: PPD Team Date: 16/12/2024 Westinghouse Electric Company and BWXT Canada have signed a memorandum of understanding (MoU) to collaborate on nuclear new-build projects in Canada and globally. BWXT Canada will manufacture key components for Westinghouse’s AP1000 and AP300 reactors, including steam generators and reactor vessels. This partnership strengthens Westinghouse’s AP1000 and AP300 initiatives, leveraging BWXT Canada’s expertise in pressurised water reactor steam generators and nuclear fuel. Westinghouse anticipates that each AP1000 unit built outside…
Author: PPD Team Date: 27/02/2025 Jyoti Structures Limited has received a Rs 3.89 billion Notification of Award (NoA) from Adani Energy Solutions Limited (AESL) for the 765 kV DC transmission line 1B of Boisar II-Pune III. The contract includes tower supply, survey, soil investigation, foundations, erection, stringing, testing, and commissioning on a turnkey basis. The project is part of the Transmission System for Evacuation of Power from the potential renewable energy zone in Khavda, Gujarat,…