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: October 17, 2025 The Solar Energy Corporation of India Ltd (SECI) has concluded a tender for 2 GW of solar PV projects paired with a 1 GW/4 GWh energy storage system (ESS), discovering a lowest tariff of Rs 2.86/kWh. Falling battery costs and competitive bidding, including participation from new entrants, contributed to the record low price. Shivalaya Construction Ltd won 600 MW at Rs 2.86/kWh, followed by Purvah Green Power (300…
Author: PPD Team Date: March 13, 2025 Indonesia has launched a floating solar power plant on the Cirata Reservoir, 107 kilometers southeast of Jakarta. Covering 4% of the reservoir, its 13 solar arrays generate up to 192 MW, making it the world’s third-largest floating solar installation. The project is a collaboration between PLN Nusantara Power, a unit of Indonesia’s state-owned power company, Perusahaan Listrik Negara (PLN), and Masdar, a renewable energy firm based in the…
Author: PPD Team Date: December 3, 2024 Advait Energy Transitions, formerly known as Advait Infratech, has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 50 MW/500 MWh standalone battery energy storage system in Gujarat. This project is part of GUVNL’s Phase-IV tariff-based global competitive bidding, supported by viability gap funding, aiming to enhance energy reliability and sustainability in the region. The project is expected to be completed within 18…
Author: PPD Team Date: January 20, 2025 Plenitude, through its US subsidiary Eni New Energy, has signed an agreement with EDP Renewables North America LLC to acquire a 49% equity stake in two photovoltaic plants and an electricity storage facility under construction in California, US. The projects include the Sandrini 100 and Sandrini 200 solar farms, along with the Sandrini BESS storage facility. These plants share grid connection infrastructure and have a combined installed capacity…
Author: PPD Team Date: June 13, 2025 KP Green Engineering Limited has secured new orders worth Rs 972.7 million from multiple clients across five business segments. The company expects to complete all projects by March 31, 2026. The largest order, worth Rs 478.3 million, is for crash barriers used in railway track fencing and related works. Solar-related orders include Rs 375.6 million for fixed tilt and tracker-type solar module mounting structures and Rs 44.4 million…
Author: PPD Team Date: December 24, 2024 Refex Industries Limited has established a wholly owned subsidiary, Venwind Refex Power Limited, with a subscribed capital of Rs 10 million comprising 100,000 fully paid equity shares at a face value of Rs 10 each. The subsidiary will focus on trading, manufacturing, production, assembly, distribution, and marketing of sustainable energy assets and their components. It will also offer consulting, engineering, procurement, and construction (EPC) services, along with managing…