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: August 25, 2025 Prostarm Info Systems Limited has won Karnataka Power Transmission Corporation Limited’s (KPTCL) auction for a 150 MW/300 MWh standalone battery energy storage system (BESS) at the Doni substation in Gadag district. The project will operate on a build-own-operate model for 12 years. The winning tariff is ₹254,000 per MW per month, inclusive of the state’s viability gap funding (VGF) component. Under VGF, Prostarm is eligible for the lower…
Author: PPD Team Date: December 31, 2024 A China-based firm has successfully ignited the world’s first 30MW-class pure hydrogen gas turbine, called Jupiter I. Developed by Mingyang Group and several research teams, the turbine offers a significant solution for renewable energy storage by converting hydrogen back into electricity during peak hours. The turbine addresses the challenge of renewable energy waste during off-peak hours, converting excess electricity into hydrogen for storage. This “power-to-hydrogen-back-to-power” method results in…
Author: PPD Team Date: July 14, 2025 Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL) has approved transmission projects worth Rs 267.73 billion to boost the state’s power evacuation capacity, with a strong focus on green energy integration. The utility cleared 15 major schemes. These include nine 765 kV grid substations (GSS), four 400 kV GSS, and two 220 kV GSS. The upgrades are expected to improve power flow across key renewable energy zones. All projects…
Author: PPD Team Date: May 16, 2025 REC Power Distribution Company Limited (REC PDCL) has invited bids for selection of a transmission service provider (TSP) to implement transmission system strengthening works at Davanagere for renewable energy (RE) integration in Karnataka. The request for proposal (RfP) was issued on May 15, 2025. Bids are due by July 18, 2025. The project will be awarded through tariff-based competitive bidding (TBCB) on a build, own, operate, and transfer…
Author: PPD Team Date: September 9, 2025 Engie India has signed a power purchase agreement with NTPC Limited for the supply of 300 MW of solar power. The project was awarded through a competitive bidding process conducted by REC Power Development and Consultancy for 1,250 MW of inter-state transmission system-connected solar projects under Tranche I. Engie secured the capacity at a tariff of Rs 2.55 per kWh. Separately, NTPC has signed a memorandum of agreement…
Author: PPD Team Date: July 31, 2025 Indonesia is set to expand the Dieng Geothermal Power Plant in Wonosobo, Central Java, by an additional 110 MW as part of a proposed project backed by the Asian Development Bank. The expansion will support PT Geo Dipa Energi, the state-owned operator of the plant, in scaling up geothermal electricity output. The Dieng facility, also known as Pembangkit Listrik Tenaga Uap Dieng, is currently operational and has a…