Author: PPD Team Date: November 14, 2024
Coal India Limited (CIL) has reported a net profit of Rs 62.75 billion for the quarter ending September 2024, marking a 22.04% decrease from Rs 80.49 billion in the same quarter last year.
The company’s total income for the quarter stood at Rs 321.78 billion, down approximately 7.43% from Rs 347.60 billion in the corresponding period of the previous year.
Author: PPD Team Date: February 17, 2026 Coal India Limited (CIL) has reported capital expenditure of Rs 961 crore on solar energy projects as of January 2026, marking a 2.33 times increase over the corresponding period last year. The company achieved 132% of its progressive target of Rs 729 crore for the period and exceeded its full-year solar capex target of Rs 957 crore for FY 2026. According to the company’s latest filing with stock…
Author: PPD Team Date: December 9, 2024 Kalpataru Projects International, along with its international subsidiaries, has secured new orders worth Rs 2.17 billion in India and overseas. The contracts include the design and construction of an elevated metro rail project in India, transmission & distribution (T&D) projects in India and abroad, as well as a residential building project in India. With these new orders, Kalpataru’s year-to-date order inflows have exceeded Rs 16.3 billion, with nearly…
Author: PPD Team Date: February 26, 2026 The Ministry of Power (MoP) has extended the deadline for submission of comments and suggestions on the draft National Electricity Policy, 2026 by one month to March 19, 2026. The extension follows requests from multiple stakeholders seeking additional time to review the provisions. The draft policy was circulated on January 20, 2026 with an initial thirty day deadline ending February 19, 2026. In an office memorandum dated February…
Author: PPD Team Date: April 15, 2025 Iraq has signed three memoranda of understanding (MoUs) with US entities to develop large-scale energy projects for reducing dependence on Iranian imports and diversifying its power sources. The Iraqi prime minister’s media office announced the agreements as part of the country’s broader energy strategy. Under the first MoU, GE Vernova will develop combined-cycle gas power plants with a total capacity of 24 GW. This is expected to be…
Author: PPD Team Date: November 14, 2024 NHPC has announced that all four units of the Parbati-II Hydroelectric Project (800 MW) in Himachal Pradesh are expected to be operational by March 2025. This run-of-the-river project is designed to harness the hydro potential of the lower reaches of the Parbati River. With a cost estimate of Rs 39.2 billion, it will feature four Pelton turbines, each with a 200 MW capacity, supplied by Bharat Heavy Electricals.
Author: PPD Team Date: May 19, 2025 Power Grid Corporation of India Limited (PGCIL) has awarded two major contracts valued at over Rs 14 billion to Toshiba Transmission & Distribution Systems (India) Private Limited and Advait Energy Transitions Limited. Toshiba has secured a contract worth Rs 5.67 billion under the 400kV Transformer Package-4TR-07-BULK. The order includes procurement of 20 units of 500 MVA, 400/220/33kV, 3-phase transformers. This forms part of Powergrid’s bulk procurement of 765kV…