Author: PPD Team Date: December 19, 2024
Adani Energy Solutions Limited (AESL) established Adani Energy Solutions Step-Eleven Limited (AESSEL), a special purpose vehicle (SPV), on December 17, 2024.
The SPV will focus on transmission, distribution, power supply, and other infrastructure services.
Author: PPD Team Date: February 18, 2025 Advait Energy Transitions Limited (AETL), previously known as Advait Infratech Limited, has signed a memorandum of understanding (MoU) with Haryana City Gas Distribution (Bhiwadi) Limited to establish a 2,000 metric tonnes per annum (MTPA) green hydrogen plant. As part of the agreement, AETL will provide 15 MW alkaline-based electrolysers and offer Engineering, Procurement, and Construction (EPC) solutions, including balance of plant systems. AETL will also handle the operations…
Author: PPD Team Date: August 6, 2025 Siemens Energy India reported an 80% year-on-year increase in net profit to Rs 263 crore for the quarter ended June 2025. Revenue from operations rose 20% to Rs 1,785 crore during the same period. New orders nearly doubled, rising 94% year-on-year to Rs 3,290 crore. Operating profit grew 59% to Rs 314 crore, with profit margins improving to 17.6% from 13.3% a year earlier. To support increased demand,…
Author: PPD Team Date: July 1, 2025 On 26 June 2025, the Central Electricity Authority (CEA), under the Ministry of Power, observed Electrical Safety Day in New Delhi with a clear message: safety must go hand in hand with innovation. The theme, Smart Energy, Safe Nation, underlined the growing need to embed safety in every layer of India’s energy transition. The key highlight was the launch of the first-ever Electrical Safety Handbook. Jointly developed by…
Author: PPD Team Date: January 22, 2026 Union Minister for New and Renewable Energy Pralhad Joshi said the core challenge of the global energy transition is building infrastructure that is resilient, scalable, and ready for long-term investment. Speaking at the World Economic Forum (WEF) Annual Meeting 2026 in Davos, he outlined India’s approach to combining rapid capacity addition with system resilience. At the session Resilient Infrastructure for Growth, the Union Minister said India has achieved…
Author: PPD Team Date: January 7, 2025 The US Government is taking steps to lift restrictions on Indian nuclear entities to strengthen energy relations and reinforce the 2005 nuclear deal. US National Security Advisor Jake Sullivan stated that the US is finalizing efforts to remove long-standing regulations preventing civil nuclear cooperation between India’s top nuclear entities and US companies. Since the mid-2000s, the US and India have discussed the supply of US nuclear reactors to…
Author: PPD Team Date: January 2, 2026 Olectra Greentech Limited has begun commercial operations at the first phase of its new Electric Vehicle (EV) manufacturing facility in Hyderabad. The company confirmed the development in a regulatory filing made on 01 January 2026 to the stock exchanges. In its filing, Olectra Greentech Limited stated that it has declared 31 December 2025 as the Commercial Operation Date (COD) for the greenfield EV manufacturing plant located at Seetharampur…