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: January 22, 2026 ReNew Energy Global PLC is preparing to raise around $500 million through a U.S. dollar-denominated bond issuance routed via the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City). The proposed issue is aimed at refinancing existing debt, including a major maturity due in July 2026, and meeting other corporate funding needs. According to the proposed structure, the proceeds will be used for on-lending to…
Author: PPD Team Date: August 4, 2025 Arunachal Pradesh Chief Minister Pema Khandu on July 31, 2025, described the state as the “emerging hydropower capital of India”, citing its 56,000 MW potential and the transformative role of the power sector in driving development. In a social media post, Khandu said Arunachal Pradesh is positioning itself as the country’s energy engine while demonstrating that natural beauty and infrastructure can coexist. He highlighted that key projects long…
Author: PPD Team Date: May 19, 2025 The Government of Singapore has announced a $500 million investment under its FAST-P (Financing Asia’s Transition Partnership) program to support clean energy deployment and industrial decarbonisation across Asia. Launched in 2023, FAST-P aims to lower investment risks in energy transition projects by providing catalytic capital that matches private sector funds on a 1:1 basis. The goal is to mobilise a total of $5 billion using blended finance. The…
Author: PPD Team Date: June 18, 2025 PFC Consulting Limited (PFCCL) has incorporated three new special purpose vehicles (SPVs) to implement power transmission projects in Maharashtra, Andhra Pradesh, and Telangana. These SPVs were formed to execute projects under the Tariff-Based Competitive Bidding (TBCB) framework. The first two SPVs—Wagdari Transmission Limited and Kurnool IV REZ Power Transmission Limited—were incorporated on 14 June 2025. The third, Saswad Transmission Limited, was incorporated on 16 June 2025. Wagdari Transmission…
Author: PPD Team Date: January 2, 2025 PFC Consulting Limited (PFCCL) has incorporated Fatehgarh II And Barmer I PS Transmission Limited, a special purpose vehicle (SPV), for the augmentation at Fatehgarh-II PS, Fatehgarh-IV PS (Section-II), and Barmer-I PS. The incorporation was completed on December 30, 2024. PFCCL is serving as the bid process coordinator (BPC) to select a transmission service provider (TSP) for the project’s establishment through the tariff-based competitive bidding (TBCB) process.
Author: PPD Team Date: February 12, 2025 Morocco’s Office National de l’Electricité et de l’Eau Potable has commissioned two 400 kV transmission lines linking the El Ouali substation in the Fez region to the upcoming Midelt solar plant. The lines, spanning over 270 km, were developed with an investment exceeding MAD 550 million. These transmission lines will transport power from the solar plant, boosting the share of solar energy in Morocco’s clean energy mix. The…