Author: PPD Team Date: October 28, 2024
Adani Green Energy Limited (AGEL) reported a net profit of Rs 5.15 billion for the quarter ending September 2024, marking a 39% increase from Rs 3.71 billion in the same quarter last year.
The company’s total income rose by 30.39% to Rs 33.76 billion during this period, up from Rs 25.89 billion recorded in the corresponding quarter of the previous year.
Author: PPD Team Date: October 15, 2024 Westinghouse Electric has signed a memorandum of understanding (MoU) with Seaspan to produce essential components for its AP1000 and AP300 small modular reactors (SMRs). This partnership will support nuclear new-build projects in Canada and globally, including the manufacturing of components like pipe spools and steel structures. Seaspan’s expertise in large-scale custom fabrication positions the company to enter the nuclear sector. For each AP1000 unit built outside Canada, Westinghouse…
Author: PPD Team Date: June 12, 2025 The Board of Directors of Orient Green Power Company Limited has approved an engineering, procurement and construction (EPC) contract with Remon Solutions Private Limited. The contract covers 7 MW/9.8 MWp capacity under the first phase of its solar project in Tiruttani taluk, Thiruvallur district, Tamil Nadu. The approval was granted on June 10, 2025. This capacity is part of a larger 25 MW/35 MWp project being developed under…
Author: PPD Team Date: October 24, 2025 India, in partnership with the United Nations, has provided solar energy solutions to 12 public buildings across 10 Pacific island nations, the Indian mission to the UN said. The initiative was funded through the $150 million India-UN Development Partnership Fund. The project has trained 74 local technicians, benefiting more than 16,500 people, and is expected to reduce carbon dioxide emissions by nearly 9,600 tonnes over 25 years, according…
Author: PPD Team Date: October 16, 2024 Doosan Enerbility has entered into a memorandum of understanding (MoU) with Siemens Gamesa Renewable Energy (SGRE) and Equinor to collaborate on the 750MW Bandibuli floating offshore wind farm project off the coast of Ulsan, South Korea.  The project, led by Equinor, will deploy Siemens Gamesa’s 15MW large-size wind turbines, while Doosan Enerbility will assemble nacelles at its Changwon wind turbine facility. Doosan Enerbility, which started its offshore wind…
Author: PPD Team Date: February 13, 2026 Power Finance Corporation Limited (PFC) and REC Limited have informed the stock exchanges that they are proceeding with a proposed merger after the PFC board granted in-principle approval on February 6, 2026. In a joint filing dated February 12, 2026, the two state-owned non-banking financial companies (NBFCs) set out the rationale, structural aspects, and expected outcomes of the consolidation. The companies stated that the merger is aimed at…
Author: PPD Team Date: February 10, 2026 Ceigall India Limited has received a Letter of Award (LOA) from Rewa Ultra Mega Solar Limited for an integrated renewable energy project in Madhya Pradesh with an estimated value of around Rs 1,700 crore. The LOA, dated February 9, 2026, covers the development of Unit 1 at the Morena Solar Park. The scope includes a 220 MW solar power project integrated with a Battery Energy Storage System (BESS)….