Author: PPD Team Date: 30/12/2024
NTPC Renewable Energy Ltd (NTPC REL), a step-down subsidiary of NTPC Ltd, has commenced commercial operations of 37.5 MW capacity, the first part of its 200 MW Gujarat Solar PV Project in Sadla, Gujarat, effective December 21, 2024.
This addition increases NTPC Group’s total installed and commercial capacity to 76,598.18 MW. NTPC aims to achieve 50% non-fossil fuel-based generation capacity in its portfolio by 2032.
Author: PPD Team Date: 15/01/2025 Orb Energy, a vertically integrated solar energy solutions provider, has crossed Rs 3 billion in financing disbursements through its zero-collateral, zero-down-payment in-house finance facility. This milestone underscores the company’s commitment to enabling Indian micro, small, and medium enterprises (MSMEs) and small- and medium-sized businesses (SMBs) to transition to solar energy. Orb Energy’s financing solutions address the high upfront costs that often deter solar adoption among SMEs. The company aims to…
Author: PPD Team Date: 20/12/2024 KPI Green Energy has signed a memorandum of understanding (MoU) with the Rajasthan government to develop hybrid renewable energy projects, including solar and wind power, in Jaisalmer (Ramgarh). The MoU outlines government support for facilitating necessary permissions and clearances for project development, in line with the state’s existing policies and regulations.
Author: PPD Team Date: 28/10/2024 State-run power generator NTPC Ltd reported a consolidated net profit of Rs 53.8 billion for the second quarter of 2024-25 (Q2 FY 2025), a 14% increase from Rs 47.26 billion in the same period last year. Revenue from operations in the September quarter stood at Rs 446.96 billion, a slight decline from Rs 449.83 billion reported in the corresponding quarter of the previous fiscal year. As India’s largest integrated power…
Author: PPD Team Date: 28/02/2025 Adani Saur Urja (LA) Limited, a subsidiary of Adani Green Energy Limited (AGEL), has received a Letter of Award (LoA) from Uttar Pradesh Power Corporation Limited (UPPCL) for energy storage capacity from the 1,250 MW Pumped Storage Project in the Sonbhadra district. The annual fixed cost payable under the LoA is Rs 76.53 million per MW per year, excluding taxes, for a 40-year period from the Commercial Operation Date (COD)….
Author: PPD Team Date: 14/01/2025 Bharat Heavy Electricals (BHEL) and Oil & Natural Gas Corporation (ONGC) have signed a memorandum of understanding (MoU) to collaborate on projects in the new and renewable energy sector. The partnership will focus on advanced technologies such as fuel cells, electrolysers, and battery energy storage systems, supporting India’s National Green Hydrogen Mission. The collaboration aims to leverage the expertise of both entities to drive innovations in the clean energy ecosystem. …
Author: PPD Team Date: 12/09/2024 GE Vernova has secured a 140 MW wind turbine order in Romania from Public Power Corporation Renewables (PPCR). The company will supply, install, and commission 23 turbines, each with a 6.1MW capacity, for a wind project in Vaslui County. The agreement, finalized in Q2 2024, strengthens GE Vernova’s role in the European Union’s energy transition, where it has a long history of installing wind turbines. Initial turbine deliveries are planned…
Author: PPD Team Date: 15/01/2025 Orb Energy, a vertically integrated solar energy solutions provider, has crossed Rs 3 billion in financing disbursements through its zero-collateral, zero-down-payment in-house finance facility. This milestone underscores the company’s commitment to enabling Indian micro, small, and medium enterprises (MSMEs) and small- and medium-sized businesses (SMBs) to transition to solar energy. Orb Energy’s financing solutions address the high upfront costs that often deter solar adoption among SMEs. The company aims to…
Author: PPD Team Date: 20/12/2024 KPI Green Energy has signed a memorandum of understanding (MoU) with the Rajasthan government to develop hybrid renewable energy projects, including solar and wind power, in Jaisalmer (Ramgarh). The MoU outlines government support for facilitating necessary permissions and clearances for project development, in line with the state’s existing policies and regulations.
Author: PPD Team Date: 28/10/2024 State-run power generator NTPC Ltd reported a consolidated net profit of Rs 53.8 billion for the second quarter of 2024-25 (Q2 FY 2025), a 14% increase from Rs 47.26 billion in the same period last year. Revenue from operations in the September quarter stood at Rs 446.96 billion, a slight decline from Rs 449.83 billion reported in the corresponding quarter of the previous fiscal year. As India’s largest integrated power…
Author: PPD Team Date: 28/02/2025 Adani Saur Urja (LA) Limited, a subsidiary of Adani Green Energy Limited (AGEL), has received a Letter of Award (LoA) from Uttar Pradesh Power Corporation Limited (UPPCL) for energy storage capacity from the 1,250 MW Pumped Storage Project in the Sonbhadra district. The annual fixed cost payable under the LoA is Rs 76.53 million per MW per year, excluding taxes, for a 40-year period from the Commercial Operation Date (COD)….
Author: PPD Team Date: 14/01/2025 Bharat Heavy Electricals (BHEL) and Oil & Natural Gas Corporation (ONGC) have signed a memorandum of understanding (MoU) to collaborate on projects in the new and renewable energy sector. The partnership will focus on advanced technologies such as fuel cells, electrolysers, and battery energy storage systems, supporting India’s National Green Hydrogen Mission. The collaboration aims to leverage the expertise of both entities to drive innovations in the clean energy ecosystem. …
Author: PPD Team Date: 12/09/2024 GE Vernova has secured a 140 MW wind turbine order in Romania from Public Power Corporation Renewables (PPCR). The company will supply, install, and commission 23 turbines, each with a 6.1MW capacity, for a wind project in Vaslui County. The agreement, finalized in Q2 2024, strengthens GE Vernova’s role in the European Union’s energy transition, where it has a long history of installing wind turbines. Initial turbine deliveries are planned…
Author: PPD Team Date: 15/01/2025 Orb Energy, a vertically integrated solar energy solutions provider, has crossed Rs 3 billion in financing disbursements through its zero-collateral, zero-down-payment in-house finance facility. This milestone underscores the company’s commitment to enabling Indian micro, small, and medium enterprises (MSMEs) and small- and medium-sized businesses (SMBs) to transition to solar energy. Orb Energy’s financing solutions address the high upfront costs that often deter solar adoption among SMEs. The company aims to…
Author: PPD Team Date: 20/12/2024 KPI Green Energy has signed a memorandum of understanding (MoU) with the Rajasthan government to develop hybrid renewable energy projects, including solar and wind power, in Jaisalmer (Ramgarh). The MoU outlines government support for facilitating necessary permissions and clearances for project development, in line with the state’s existing policies and regulations.