Bondada Engineering wins Rs 884.98 million contract from KPI Green
Author: PPD Team Date: January 23, 2025
Author: PPD Team Date: January 23, 2025
Bondada Engineering Limited has won a Rs.884.98 million contract from KPI Green Energy Limited for the supply of Balance of System (BoS) items and services. The contract includes engineering, procurement, construction, and commissioning (EPCC) works for solar power projects at Vagra, Amod, and Rajkot in Gujarat.
The project is scheduled for completion within 90 days of receiving the purchase order, awarded on January 21, 2025.
Author: PPD Team Date: November 29, 2024 United Arab Emirates-based clean energy company Masdar has finalized its €3.2 billion ($3.3 billion) acquisition of Greece’s Terna Energy, the largest deal on the Athens Stock Exchange. The acquisition, announced in June 2024, involved the purchase of 70% of Terna Energy shares at €20 ($21.1) per share from GEK Terna and other shareholders. Masdar plans to secure the remaining shares through an all-cash mandatory tender offer, pending regulatory…
Author: PPD Team Date: May 16, 2025 The Ministry of Power has directed that all government offices, buildings, and residential colonies be equipped with prepaid smart meters by August 2025. The goal is to reduce AT&C (Aggregate Technical & Commercial) losses and improve billing accuracy. This was announced at the Western States Power Conference in Mumbai on 13 May. Union Power Minister Manohar Lal stressed cooperation between the Centre and States to meet the Viksit…
Author: PPD Team Date: March 28, 2025 US-based Type One Energy has released the physics design basis for its Infinity Two stellarator fusion power plant, marking a critical step in advancing fusion energy. The published design, the first of its kind, outlines the operational parameters necessary for a practical fusion pilot plant and provides a foundation for external review and collaboration within the global fusion research community. Infinity Two is being developed for the Tennessee…
Author: PPD Team Date: September 18, 2025 Waaree Energies Limited plans to divest up to 6.1 million equity shares of Indosolar Limited, equal to 14.66 per cent of the company’s paid-up capital, through an Offer for Sale (OFS) on the stock exchanges. The share sale will be available to non-retail investors on September 18, 2025, and to retail investors on September 19, 2025. According to the filing with the Bombay Stock Exchange (BSE) and National…
Author: PPD Team Date: January 16, 2025 Hartek Group’s commercial and industrial rooftop solar division has secured an 8 MW solar EPC contract in Jammu & Kashmir. The project, awarded by Kandhari Beverages Private Limited, a bottling plant of Hindustan Coca-Cola, is under execution and expected to be commissioned within the current quarter. The project includes engineering and design, procurement of solar modules, inverters, and associated equipment, testing and commissioning, and operations and maintenance. It…
Author: PPD Team Date: December 19, 2024 Westinghouse Electric Company and Aecon have signed two agreements to jointly develop and deploy advanced nuclear power projects, including the construction of AP1000 reactors in Canada. The collaboration is projected to generate up to C$28.7 billion ($20.1 billion) in GDP from a four-unit AP1000 project in Canada. Under a strategic cooperation agreement, the companies aim to target Canadian markets and expand the supply of critical components for advanced…