Author: PPD Team Date: 27/01/2025
Indian Energy Exchange (IEX) reported a profit after tax of Rs 1,073 million for the quarter ended December 2024, a 16.9% increase from Rs 918 million in the same period last year.
The company’s consolidated revenue grew by 13.7% to Rs 1,605 million in Q3 FY2024, compared to Rs 1,412 million during the corresponding quarter of 2023.
Author: PPD Team Date: 28/10/2024 JSW Energy reported a consolidated net profit of Rs 8.53 billion for the quarter ended September 2024 (Q2 FY 2025), slightly up from Rs 8.5 billion in the same period last year. The company’s total revenue for Q2 FY 2025 reached Rs 34.59 billion, marking a 2% year-on-year increase. Net generation for the quarter rose by 14% YoY to 9.8 billion units, driven by wind capacity additions and higher generation…
Author: PPD Team Date: 12/11/2024 The Saudi Power Procurement Company (SPPC) has awarded contracts for the development of 7.2GW of power projects to consortiums led by Saudi Electricity Company and Abu Dhabi National Energy Company (Taqa). The projects, essential to Saudi Arabia’s strategic energy mix plan, align with Vision 2030 and the Saudi Green Initiative, which targets a 50% contribution each from renewable energy and gas in domestic electricity production. Contracts were awarded for the…
Author: PPD Team Date: 21/11/2024 Innagreen and Cowessess First Nation have inaugurated the Bekevar Wind Farm, a 200MW renewable energy project in Saskatchewan. Supplying enough zero-emission power to meet the needs of 100,000 homes annually, the project highlights the collaboration between commercial energy companies and Indigenous communities in Canada’s clean energy transition. Bekevar, located across Hazlewood, Kingsley, and Cowessess First Nation reserve lands, is jointly owned by Innagreen (83%) and Cowessess First Nation (17%). Featuring…
Author: PPD Team Date: 02/04/2025 Bharat Grid Private Limited has won a contract worth Rs 22,739.73 million to provide Advanced Metering Infrastructure (AMI) services for smart prepaid metering in Paschim Gujarat Vij Company Limited (PGVCL). The project will be executed on a design, build, finance, own, operate, and transfer (DBFOOT) basis under Phase II of the Gujarat Revamped Distribution Sector Scheme (RDSS). REC Power Distribution Company Limited (REC PDCL) invited bids for the contract in…
Author: PPD Team Date: 26/12/2024 Solidus Techno Power Private Limited has secured a 29 MWp solar project in Bikaner, Rajasthan, marking its expansion beyond Punjab. The project will supply 40% of the electricity needed for a large industrial manufacturing facility in the region. Set to be completed by September 2025, the solar PV plant is expected to generate approximately 47 million kWh of clean energy annually. Solidus Techno Power will provide comprehensive EPC services to…
Author: PPD Team Date: 03/02/2025 Damodar Valley Corporation (DVC) and Haryana Power Purchase Centre (HPPC) signed a 25-year Power Purchase Agreement (PPA) to supply 800 MW of power from 2028-29 through three thermal power projects (TPPs) in Haryana on January 29, 2025. The bifurcated quantity to be supplied from projects are – 300 MW from Raghunathpur Power Project Phase II: The project involves Phase II expansion of the Raghunathpur Thermal Power Plant in the state…
Author: PPD Team Date: 28/10/2024 JSW Energy reported a consolidated net profit of Rs 8.53 billion for the quarter ended September 2024 (Q2 FY 2025), slightly up from Rs 8.5 billion in the same period last year. The company’s total revenue for Q2 FY 2025 reached Rs 34.59 billion, marking a 2% year-on-year increase. Net generation for the quarter rose by 14% YoY to 9.8 billion units, driven by wind capacity additions and higher generation…
Author: PPD Team Date: 12/11/2024 The Saudi Power Procurement Company (SPPC) has awarded contracts for the development of 7.2GW of power projects to consortiums led by Saudi Electricity Company and Abu Dhabi National Energy Company (Taqa). The projects, essential to Saudi Arabia’s strategic energy mix plan, align with Vision 2030 and the Saudi Green Initiative, which targets a 50% contribution each from renewable energy and gas in domestic electricity production. Contracts were awarded for the…
Author: PPD Team Date: 21/11/2024 Innagreen and Cowessess First Nation have inaugurated the Bekevar Wind Farm, a 200MW renewable energy project in Saskatchewan. Supplying enough zero-emission power to meet the needs of 100,000 homes annually, the project highlights the collaboration between commercial energy companies and Indigenous communities in Canada’s clean energy transition. Bekevar, located across Hazlewood, Kingsley, and Cowessess First Nation reserve lands, is jointly owned by Innagreen (83%) and Cowessess First Nation (17%). Featuring…
Author: PPD Team Date: 02/04/2025 Bharat Grid Private Limited has won a contract worth Rs 22,739.73 million to provide Advanced Metering Infrastructure (AMI) services for smart prepaid metering in Paschim Gujarat Vij Company Limited (PGVCL). The project will be executed on a design, build, finance, own, operate, and transfer (DBFOOT) basis under Phase II of the Gujarat Revamped Distribution Sector Scheme (RDSS). REC Power Distribution Company Limited (REC PDCL) invited bids for the contract in…
Author: PPD Team Date: 26/12/2024 Solidus Techno Power Private Limited has secured a 29 MWp solar project in Bikaner, Rajasthan, marking its expansion beyond Punjab. The project will supply 40% of the electricity needed for a large industrial manufacturing facility in the region. Set to be completed by September 2025, the solar PV plant is expected to generate approximately 47 million kWh of clean energy annually. Solidus Techno Power will provide comprehensive EPC services to…
Author: PPD Team Date: 03/02/2025 Damodar Valley Corporation (DVC) and Haryana Power Purchase Centre (HPPC) signed a 25-year Power Purchase Agreement (PPA) to supply 800 MW of power from 2028-29 through three thermal power projects (TPPs) in Haryana on January 29, 2025. The bifurcated quantity to be supplied from projects are – 300 MW from Raghunathpur Power Project Phase II: The project involves Phase II expansion of the Raghunathpur Thermal Power Plant in the state…
Author: PPD Team Date: 28/10/2024 JSW Energy reported a consolidated net profit of Rs 8.53 billion for the quarter ended September 2024 (Q2 FY 2025), slightly up from Rs 8.5 billion in the same period last year. The company’s total revenue for Q2 FY 2025 reached Rs 34.59 billion, marking a 2% year-on-year increase. Net generation for the quarter rose by 14% YoY to 9.8 billion units, driven by wind capacity additions and higher generation…
Author: PPD Team Date: 12/11/2024 The Saudi Power Procurement Company (SPPC) has awarded contracts for the development of 7.2GW of power projects to consortiums led by Saudi Electricity Company and Abu Dhabi National Energy Company (Taqa). The projects, essential to Saudi Arabia’s strategic energy mix plan, align with Vision 2030 and the Saudi Green Initiative, which targets a 50% contribution each from renewable energy and gas in domestic electricity production. Contracts were awarded for the…