Author: PPD Team Date: January 20, 2025
Sterling and Wilson Renewable Energy Limited (SWERL) posted a net profit of Rs 0.17 billion for the quarter ending December 2024, recovering from a net loss of Rs 0.62 billion in the same quarter last year.
The company’s total income surged by 202.13% to Rs 18.43 billion during the quarter, compared to Rs 6.10 billion in the corresponding period of 2023.
Author: PPD Team Date: May 8, 2025 The Cabinet Committee on Economic Affairs (CCEA) has approved the revised SHAKTI (Scheme for Harnessing and Allocating Koyala Transparently in India) policy to streamline coal allocation for thermal power plants across central, state, and private sectors. The revised policy introduces two simplified categories for coal linkages—Window-I and Window-II. Window-I allows central and state government-owned power generators, including joint ventures and subsidiaries, to receive coal at notified prices under…
Author: PPD Team Date: March 19, 2026 NTPC Green Energy Limited has declared commercial operation of a 165 MW capacity at the Khavda-II Solar Photovoltaic (PV) Project in Gujarat, effective March 19, 2026. The update was disclosed in a regulatory filing dated March 18, 2026. Project updateThe commissioned capacity forms part of the 1,200 MW Khavda-II Solar PV Project being developed by NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited….
Author: PPD Team Date: April 29, 2025 China has cleared the construction of ten new nuclear reactors in 2025, marking the fourth year in a row it has approved at least ten reactors, Bloomberg reported. As per local outlet The Paper, the new projects will involve an investment of 200 billion yuan (about USD27 billion or Rs 2.25 trillion). China National Nuclear Corporation (CNNC) will build four reactors at its Fangchenggang and Taishan plants. China…
Author: PPD Team Date: November 28, 2024 Alfanar Projects has entered into agreements exceeding SAR 20 billion with the Saudi Electricity Company (SEC) to advance Saudi Arabia’s energy sector. Formalized during the Energy Localization Forum by the Ministry of Energy, these contracts underscore the nation’s commitment to sustainable energy infrastructure and self-reliance. A key initiative involves developing the Middle East and North Africa’s largest high-voltage direct current (HVDC) converter station in partnership with China Electric…
Author: PPD Team Date: July 9, 2025 The Delhi government is planning a floating solar project on the Munak Canal. The project is in the planning phase. Feasibility studies are underway. A detailed project report and technical design are expected soon. Water Minister Parvesh Sahib Singh said the canal plays a vital role in Delhi’s water supply but also causes losses and safety issues. “The Munak Canal is a lifeline for Delhi’s water supply. But…
Author: PPD Team Date: July 25, 2025 The Supreme Court has upheld a Delhi High Court ruling that exempts key regulatory fees charged by electricity commissions from Goods and Services Tax (GST). These include fees for granting distribution licences, regulating electricity supply, and other annual charges collected by the Central Electricity Regulatory Commission (CERC) and the Delhi Electricity Regulatory Commission (DERC). This brings clarity to how GST applies to statutory regulatory functions in the power…