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BlueFloat gains major project status for 2.1GW offshore wind in Australia
Spain-based BlueFloat Energy has achieved major project status from the Australian government for its 2.1GW Gippsland Dawn offshore wind project, located off Victoria’s coast. This status provides access to support from the Major Projects Facilitation Agency, marking a significant milestone for one of Australia’s largest offshore wind initiatives. Scheduled to begin construction in 2029 with…
India | Leadership | NewsPTC India appoints Sukhdev Singh as Non-Executive Chairman
PTC India Limited has approved the appointment of Shri Sukhdev Singh as Non-Executive Chairman, effective from the date of receipt of consent from the Chairmen and Managing Directors (CMDs) of all four promoter companies. The decision was taken at the board meeting held on April 16, 2026. Shri Sukhdev Singh, currently serving as an Independent…
Uzbekistan’s NEGU targets 76.1 billion TWh electricity transmission in 2025
Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) aims to transmit 76.1 billion TWh of electricity through its networks in 2025, an increase from 74 TWh in 2024. In 2024, NEGU made significant improvements, including adding 543 km of high-voltage transmission lines, 1,627 MVA capacity substations, and repairing 309 transformers and over 6,400 km of…
Q1 FY26 results: PowerGrid, Tata Power, Coal India, Adani Power, ABB India
Power Grid Corporation of India (PGCIL) reported a 2.5 per cent fall in net profit to Rs 3,630.58 crore. Revenue rose 2 per cent to Rs 11,196 crore. Net profit margin slipped to 32 per cent from 34 per cent. Operating margin was stable at 85 per cent. Segment-wise, consultancy revenue grew 120 per cent…
PFCCL signs MoU with CEA to collaborate on power sector projects
On October 14, 2024, PFC Consulting Ltd (PFCCL), a wholly-owned subsidiary of Power Finance Corporation, signed a memorandum of understanding (MoU) with the Central Electricity Authority (CEA) to collaborate on generation, transmission, and distribution projects. PFCCL, which provides consultancy services to the power sector, also plays a crucial role in developing ultra mega power projects…
Pace Digitek wins Rs 3,757 crore solar BOS order
Pace Digitek Limited has secured a domestic order worth Rs 3,757.25 crore (including GST) from Bondada Engineering Limited (BEL). The contract covers Balance of System (BOS) works for a 300 MW AC solar power project to be executed under an Engineering, Procurement, and Construction (EPC) framework, along with three years of Operations and Maintenance (O&M)…
