Author: PPD Team Date: 10/12/2024
Waaree Energies Limited has secured a 1 GW solar photovoltaic (PV) modules supply order from an Indian renewable energy company.
The customer is engaged in owning, developing, and operating renewable power projects across India.
The supply of these modules is planned for delivery during the financial years 2024-25 and 2025-26.
Author: PPD Team Date: 03/01/2025 Power Mech Projects has secured a Rs 29.4 billion order from Adani Power for services related to the 1,320 MW Korba Phase-II Thermal Power Project in Chhattisgarh. The contract involves overhauling, erection, testing, commissioning, and manpower support for performance guarantee tests of steam generators (SG) for Units 3 and 4. These activities are essential to ensure operational efficiency and meet technical requirements.
Author: PPD Team Date: 16/05/2025 JSW Energy Limited reported a 21 per cent year-on-year increase in Q4 revenue, reaching Rs 34.97 billion in the January–March quarter of FY 2024–25, compared to Rs 28.79 billion in Q4 FY 2023–24. For the full year, the company posted Rs 126.39 billion in revenue, up 6 per cent from Rs 119.41 billion in the previous year. Tata Power Company Limited recorded a net profit of Rs 47.75 billion in…
Author: PPD Team Date: 11/05/2025 Damodar Valley Corporation (DVC) has re-issued tenders for setting up 234 MW/328 MWp floating solar power projects on Maithon Dam. The bids were re-invited on May 9, 2025, with the submission deadline set for June 16, 2025. The project will be located across Dhanbad in Jharkhand and Paschim Bardhaman in West Bengal. Earlier bids for the same scope were floated in December 2024. The scope includes detailed surveys and investigations,…
Author: PPD Team Date: 17/03/2025 Swelect Energy Systems Limited has won a contract to supply its high-efficiency TOPCon bi-facial solar photovoltaic (PV) modules for a 150 MW solar power project in India. The contract was awarded on March 12, 2025. In addition, the company has raised Rs 2.9 billion through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited. The funds will support Swelect Energy’s goal of expanding its solar portfolio to 1,000…
Author: PPD Team Date: 12/12/2024 Zimbabwe’s industrial power users, represented by the Intensive Energy User Group (IEUG), have secured $250 million in financing from the African Export-Import Bank (Afreximbank) to develop a floating solar project at Kariba Dam. The project, which will have an initial 250MW capacity, is expected to be completed by mid-2026, with plans to expand to 1GW in phases. Each 250MW phase will cost $250 million. The project is critical as Zimbabwe…
Author: PPD Team Date: 07/11/2024 Rajasthan and Gujarat, India’s leaders in renewable energy, are urged to implement policy adjustments to sustain their progress, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vibhuti Garg, IEEFA’s director for South Asia, noted that while slower states need to ramp up clean energy efforts, even leading states like Rajasthan and Gujarat should monitor and fine-tune their strategies to avoid losing momentum. A…
Author: PPD Team Date: 03/01/2025 Power Mech Projects has secured a Rs 29.4 billion order from Adani Power for services related to the 1,320 MW Korba Phase-II Thermal Power Project in Chhattisgarh. The contract involves overhauling, erection, testing, commissioning, and manpower support for performance guarantee tests of steam generators (SG) for Units 3 and 4. These activities are essential to ensure operational efficiency and meet technical requirements.
Author: PPD Team Date: 16/05/2025 JSW Energy Limited reported a 21 per cent year-on-year increase in Q4 revenue, reaching Rs 34.97 billion in the January–March quarter of FY 2024–25, compared to Rs 28.79 billion in Q4 FY 2023–24. For the full year, the company posted Rs 126.39 billion in revenue, up 6 per cent from Rs 119.41 billion in the previous year. Tata Power Company Limited recorded a net profit of Rs 47.75 billion in…
Author: PPD Team Date: 11/05/2025 Damodar Valley Corporation (DVC) has re-issued tenders for setting up 234 MW/328 MWp floating solar power projects on Maithon Dam. The bids were re-invited on May 9, 2025, with the submission deadline set for June 16, 2025. The project will be located across Dhanbad in Jharkhand and Paschim Bardhaman in West Bengal. Earlier bids for the same scope were floated in December 2024. The scope includes detailed surveys and investigations,…
Author: PPD Team Date: 17/03/2025 Swelect Energy Systems Limited has won a contract to supply its high-efficiency TOPCon bi-facial solar photovoltaic (PV) modules for a 150 MW solar power project in India. The contract was awarded on March 12, 2025. In addition, the company has raised Rs 2.9 billion through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited. The funds will support Swelect Energy’s goal of expanding its solar portfolio to 1,000…
Author: PPD Team Date: 12/12/2024 Zimbabwe’s industrial power users, represented by the Intensive Energy User Group (IEUG), have secured $250 million in financing from the African Export-Import Bank (Afreximbank) to develop a floating solar project at Kariba Dam. The project, which will have an initial 250MW capacity, is expected to be completed by mid-2026, with plans to expand to 1GW in phases. Each 250MW phase will cost $250 million. The project is critical as Zimbabwe…
Author: PPD Team Date: 07/11/2024 Rajasthan and Gujarat, India’s leaders in renewable energy, are urged to implement policy adjustments to sustain their progress, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vibhuti Garg, IEEFA’s director for South Asia, noted that while slower states need to ramp up clean energy efforts, even leading states like Rajasthan and Gujarat should monitor and fine-tune their strategies to avoid losing momentum. A…
Author: PPD Team Date: 03/01/2025 Power Mech Projects has secured a Rs 29.4 billion order from Adani Power for services related to the 1,320 MW Korba Phase-II Thermal Power Project in Chhattisgarh. The contract involves overhauling, erection, testing, commissioning, and manpower support for performance guarantee tests of steam generators (SG) for Units 3 and 4. These activities are essential to ensure operational efficiency and meet technical requirements.
Author: PPD Team Date: 16/05/2025 JSW Energy Limited reported a 21 per cent year-on-year increase in Q4 revenue, reaching Rs 34.97 billion in the January–March quarter of FY 2024–25, compared to Rs 28.79 billion in Q4 FY 2023–24. For the full year, the company posted Rs 126.39 billion in revenue, up 6 per cent from Rs 119.41 billion in the previous year. Tata Power Company Limited recorded a net profit of Rs 47.75 billion in…