Author: PPD Team Date: 20/12/2024
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Sterling and Wilson reports record Rs 1,050 billion order book
Author: PPD Team Date: 15/10/2024 Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024. In Q2 FY25 (July to September), SWREL recorded an order inflow of approximately Rs 205 billion, including an Rs 82.3 billion order received on October 14. All orders were from the domestic market.
EAC recommends ToR for four pumped storage projects
Author: PPD Team Date: 13/05/2025 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended grant of Terms of Reference (ToR) for four pumped storage projects (PSPs) in its recent meeting. The Kotpalli Pumped Storage Project will be developed by Chhattisgarh State Power Generation Company Limited (CSPGCL) with a capacity of 1,800 MW. The project will be located in Shankargarh sub-district, Balrampur district, Chhattisgarh, at an estimated cost…
L&T wins order from ITER for advanced nuclear fusion project in France
Author: PPD Team Date: 28/10/2024 Larsen & Toubro (L&T) has secured a ‘significant’ contract, estimated between Rs 10 billion and Rs 25 billion, to implement advanced welding technologies for the ITER Organisation’s nuclear fusion project, the world’s largest, located in Cadarache, Southern France. L&T will focus on critical technologies for assembling ports and complex components within the ITER Tokamak’s vacuum vessel. ITER, the International Thermonuclear Experimental Reactor, is a large-scale scientific collaboration aiming to make…
Acadia leads $9bn renewable energy initiative with Microsoft
Author: PPD Team Date: 12/12/2024 US-based investor Acadia Infrastructure Capital, along with major companies including Microsoft, has launched a $9 billion initiative to develop renewable energy projects across the United States. The initiative, known as the Climate and Communities Investment Coalition (CCIC), aims to accelerate corporate-led financing for renewable energy projects and is expected to facilitate the development of 5GW of renewable power by 2029. The CCIC will focus on providing tangible benefits to local…
Shilchar Technologies expands transformer manufacturing capacity
Author: PPD Team Date: 29/10/2024 Shilchar Technologies has completed a capacity expansion at its transformer manufacturing facility in Gavasad, Vadodara district, Gujarat. The facility’s capacity grew by 3,500 MVA in August 2024, reaching a total of 7,500 MVA annually, effective from October 1, 2024 (H2FY25). Senior management highlighted that the company is fully prepared to maximize this expanded capacity. Shilchar’s order book currently stands at approximately Rs 4.5 billion, expected to be executed over the…
Doosan Enerbility, SGRE and Equinor sign MoU for South Korean wind farm
Author: PPD Team Date: 16/10/2024 Doosan Enerbility has entered into a memorandum of understanding (MoU) with Siemens Gamesa Renewable Energy (SGRE) and Equinor to collaborate on the 750MW Bandibuli floating offshore wind farm project off the coast of Ulsan, South Korea. The project, led by Equinor, will deploy Siemens Gamesa’s 15MW large-size wind turbines, while Doosan Enerbility will assemble nacelles at its Changwon wind turbine facility. Doosan Enerbility, which started its offshore wind business in…
Sterling and Wilson reports record Rs 1,050 billion order book
Author: PPD Team Date: 15/10/2024 Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024. In Q2 FY25 (July to September), SWREL recorded an order inflow of approximately Rs 205 billion, including an Rs 82.3 billion order received on October 14. All orders were from the domestic market.
EAC recommends ToR for four pumped storage projects
Author: PPD Team Date: 13/05/2025 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended grant of Terms of Reference (ToR) for four pumped storage projects (PSPs) in its recent meeting. The Kotpalli Pumped Storage Project will be developed by Chhattisgarh State Power Generation Company Limited (CSPGCL) with a capacity of 1,800 MW. The project will be located in Shankargarh sub-district, Balrampur district, Chhattisgarh, at an estimated cost…
L&T wins order from ITER for advanced nuclear fusion project in France
Author: PPD Team Date: 28/10/2024 Larsen & Toubro (L&T) has secured a ‘significant’ contract, estimated between Rs 10 billion and Rs 25 billion, to implement advanced welding technologies for the ITER Organisation’s nuclear fusion project, the world’s largest, located in Cadarache, Southern France. L&T will focus on critical technologies for assembling ports and complex components within the ITER Tokamak’s vacuum vessel. ITER, the International Thermonuclear Experimental Reactor, is a large-scale scientific collaboration aiming to make…
Acadia leads $9bn renewable energy initiative with Microsoft
Author: PPD Team Date: 12/12/2024 US-based investor Acadia Infrastructure Capital, along with major companies including Microsoft, has launched a $9 billion initiative to develop renewable energy projects across the United States. The initiative, known as the Climate and Communities Investment Coalition (CCIC), aims to accelerate corporate-led financing for renewable energy projects and is expected to facilitate the development of 5GW of renewable power by 2029. The CCIC will focus on providing tangible benefits to local…
Shilchar Technologies expands transformer manufacturing capacity
Author: PPD Team Date: 29/10/2024 Shilchar Technologies has completed a capacity expansion at its transformer manufacturing facility in Gavasad, Vadodara district, Gujarat. The facility’s capacity grew by 3,500 MVA in August 2024, reaching a total of 7,500 MVA annually, effective from October 1, 2024 (H2FY25). Senior management highlighted that the company is fully prepared to maximize this expanded capacity. Shilchar’s order book currently stands at approximately Rs 4.5 billion, expected to be executed over the…
Doosan Enerbility, SGRE and Equinor sign MoU for South Korean wind farm
Author: PPD Team Date: 16/10/2024 Doosan Enerbility has entered into a memorandum of understanding (MoU) with Siemens Gamesa Renewable Energy (SGRE) and Equinor to collaborate on the 750MW Bandibuli floating offshore wind farm project off the coast of Ulsan, South Korea. The project, led by Equinor, will deploy Siemens Gamesa’s 15MW large-size wind turbines, while Doosan Enerbility will assemble nacelles at its Changwon wind turbine facility. Doosan Enerbility, which started its offshore wind business in…
Sterling and Wilson reports record Rs 1,050 billion order book
Author: PPD Team Date: 15/10/2024 Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024. In Q2 FY25 (July to September), SWREL recorded an order inflow of approximately Rs 205 billion, including an Rs 82.3 billion order received on October 14. All orders were from the domestic market.
EAC recommends ToR for four pumped storage projects
Author: PPD Team Date: 13/05/2025 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended grant of Terms of Reference (ToR) for four pumped storage projects (PSPs) in its recent meeting. The Kotpalli Pumped Storage Project will be developed by Chhattisgarh State Power Generation Company Limited (CSPGCL) with a capacity of 1,800 MW. The project will be located in Shankargarh sub-district, Balrampur district, Chhattisgarh, at an estimated cost…