Author: PPD Team Date: October 25, 2024
Adani Energy Solutions Limited (AESL) has reported a net profit of Rs 7.73 billion for the quarter ending September 2024, marking a 172.18% increase compared to Rs 2.84 billion in the same quarter last year.
The company’s total income also rose by 68.88%, reaching Rs 63.6 billion, up from Rs 37.66 billion during the corresponding period of the previous year.
Author: PPD Team Date: January 23, 2025 Torrent Green Energy Private Limited (TGEPL), a subsidiary of Torrent Power Limited, has established Torrent Urja 37 Private Limited (TU37) with an authorised and paid-up capital of Rs.500,000, consisting of 50,000 equity shares valued at Rs.10 each. TU37 will focus on manufacturing, processing, and trading hydrogen and its derivatives, including ammonia and compressed natural gas. It will also engage in renewable energy initiatives, such as the generation, transmission,…
Author: PPD Team Date: July 16, 2025 Google has signed a hydro framework agreement (HFA) with Brookfield Asset Management and Brookfield Renewable to procure up to 3GW of carbon-free hydroelectric capacity in the United States. The first contracts under this agreement cover Brookfield’s Holtwood and Safe Harbor hydroelectric plants in Pennsylvania. These facilities will supply 670MW of clean power to support Google’s operations in the PJM (Pennsylvania-New Jersey-Maryland) electricity market. The 20-year power purchase agreements…
Author: PPD Team Date: June 30, 2025 On June 27, 2025, the National Institute of Solar Energy (NISE), in partnership with the National Solar Energy Federation of India (NSEFI) and AIC IIT Delhi, launched a Call for Proposals to support start-ups in the renewable energy sector. The programme targets technologies in solar, green hydrogen, energy storage, AI/ML in energy, smart grids, and decentralised RE applications. It aims to help start-ups move from proof-of-concept (TRL 3–4)…
Author: PPD Team Date: July 1, 2025 NTPC Limited has commissioned 142.22 MW of solar capacity under its 300 MW solar allocation at the 450 MW Inter-State Transmission System (ISTS)-connected Wind-Solar Hybrid Power Project in Khavda, Gujarat. The milestone was achieved on June 28, 2025. The project forms part of the 450 MW capacity awarded to NTPC in May 2022. NTPC’s share includes 300 MW solar and 150 MW wind power. In a parallel development,…
Author: PPD Team Date: October 17, 2024 The Ministry of New and Renewable Energy (MNRE) has clarified that its Approved List of Models and Manufacturers (ALMM) order does not apply to open access and net-metering solar projects that secured approvals before October 1, 2022. According to an official memorandum, this exemption covers projects where the initial application for approvals, such as in-principle approval or no objection certificate, was submitted before the specified date. The application…
Author: PPD Team Date: December 26, 2024 The Central Government has laid the foundation stone for three hydroelectric projects (HEPs) in Himachal Pradesh. These projects are: Luhri Hydro Electric Project Stage I: This project involves constructing an 86 m high concrete gravity dam across the Satluj river near Nirath village. It will generate 210 MW of hydro power at an estimated cost of Rs 18.10 billion. Sunni Dam Hydro Electric Project: A Run-of-River (RoR) scheme…