Author: PPD Team Date: July 2, 2025
Bharat Heavy Electricals Limited (BHEL) has secured a Letter of Award (LoA) worth Rs 65 billion for supplying Steam Turbine Generator (STG) equipment and supervising erection and commissioning (E&C) for a 4,800 MW thermal power project by Adani Power Limited (APL).
The award, issued on June 27, 2025, covers six units of 800 MW each.
Author: PPD Team Date: February 5, 2026 Solis has ranked first by market share in India’s rooftop solar inverter segment for the fifth consecutive year, according to an industry report. The CRISIL–Bridge to India Rooftop Map shows that Solis accounted for 25% of total inverter deployments in India’s rooftop solar market. The sector added 7,117 MW of capacity in the year ended June 2025. The report attributes Solis’s position to its wide product range, established…
Author: PPD Team Date: September 2, 2025 GH2 Solar has announced a green hydrogen electrolyzer manufacturing plant in Piparsewa, Morena district, Madhya Pradesh, in joint venture with South Korea’s Advanced Hydrogen Energy Solutions (AHES). Chief Minister Mohan Yadav launched the project in Gwalior. The plant will start with a 105 MW annual capacity under SECI’s SIGHT programme, with an investment of INR 400 crore. This includes a 3 GWh battery energy storage system (BESS) assembly…
Author: PPD Team Date: November 6, 2024 Tata Power Company Limited posted a net profit of Rs 10.93 billion for the quarter ending September 2024, marking a 7.47 per cent rise from Rs 10.17 billion in the same period last year. The company’s total income grew by approximately 1.13 per cent to Rs 162.11 billion in Q2 FY2024, up from Rs 160.3 billion in the corresponding quarter of the previous year.
Author: PPD Team Date: May 6, 2025 Serentica Renewables India Private Limited (SRIPL) has signed a power supply and consumption agreement (PSCA) with Inox Airproducts Private Limited for 75 MW of wind-solar hybrid power. The agreement was formalised on May 5, 2025. Under the deal, SRIPL will supply hybrid renewable energy to four Inox manufacturing sites across four different states in India. This initiative aligns with broader efforts to reduce carbon emissions in energy-intensive industries.
Author: PPD Team Date: December 20, 2024 India’s renewable energy sector is facing significant delays in securing power purchase agreements (PPAs), which are affecting around 40-45 GW of projects out of a total 80-90 GW in the pipeline. Experts note that distribution companies (discoms) are prioritizing projects with higher capacity utilization factors, contributing to the backlog in PPA signings. The gap between project awards and PPA finalizations currently spans eight to nine months, impacting project…
Author: PPD Team Date: February 3, 2025 Torrent Saurya Urja 2 Private Limited, a wholly owned subsidiary of Torrent Power Limited (TPL), has commissioned a 300 MW grid-connected solar power project in Gujarat. TPL won bids in April 2021 for a 150 MW base capacity and an additional 150 MW under the greenshoe option at a tariff of Rs 2.22 per kWh. The bids were invited by Torrent Power Limited – Distribution (TPL-D) in December…