Author: PPD Team Date: 14/11/2024
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: 04/11/2024 NHDC, a subsidiary of NHPC, has commissioned the full 88 MW capacity of the Omkareshwar Floating Solar Power Plant (FSPV) located in the reservoir of the Omkareshwar project in Madhya Pradesh. This project, which went live on October 29, 2024, is expected to generate an annual capacity of 204.58 million units (MUs). The total project cost is Rs 5.89 billion. NHPC, India’s largest hydroelectric power developer, is also active in…
Author: PPD Team Date: 06/12/2024 Teems India Towerlines Private Limited has won two contracts for the supply, installation, testing, and commissioning of unfinished transmission line works under the Jharkhand Power System Improvement Project. Jharkhand Urja Sancharan Nigam Limited (JUSNL) invited bids for the project in July 2024. The awarded contracts include: Rs 378.79 million for Package V, comprising 132 kV DC transmission lines from Naudiha to Chhatarpur and Nagaruntari to Garhwa. Rs 905.78 million for…
Author: PPD Team Date: 04/12/2024 Portland General Electric (PGE) has entered a power purchase agreement (PPA) with Avangrid, a member of the Iberdrola Group, to procure power from the 120 MWac (166 MWdc) Tower Solar project in Morrow County, Oregon. Scheduled for completion in 2026, Tower Solar will be Avangrid’s sixth solar facility and 17th power generation project in Oregon, where the company operates 1.6 GW of wind and solar capacity. The project will supply…
Author: PPD Team Date: 30/12/2024 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the grant of Terms of Reference (ToR) for the Indirasagar-Omkareshwar on-stream Pumped Storage Project (640 MW) by NHDC Limited in Madhya Pradesh. Located in Khandwa district, the project will require 198 hectares of forest land and an estimated investment of Rs. 47.56 billion. NHDC plans to develop the project on the right bank…
Author: PPD Team Date: 17/10/2024 Damodar Valley Corporation (DVC) has emerged as the highest bidder in the auction for Hiranmaye Energy’s assets, offering Rs 15 billion, surpassing the reserve price of Rs 13 billion. This marks DVC’s first acquisition, adding to its total installed capacity of around 6,700 MW, including greenfield and brownfield expansions. Hiranmaye Energy operates a 300 MW thermal power plant in Haldia, West Bengal, with two units of 150 MW each. The…
Author: PPD Team Date: 18/09/2024 HPL Electric & Power has won an order worth Rs 1.44 billion for the supply of smart and conventional meters. The company, a leading manufacturer of electrical equipment, will execute the order as per the terms of the letter of award (LoA). HPL operates across five key product areas: metering solutions, modular switches, switchgear, LED lighting, and wires and cables. It holds a strong position in the on-load change-over switches…
Author: PPD Team Date: 04/11/2024 NHDC, a subsidiary of NHPC, has commissioned the full 88 MW capacity of the Omkareshwar Floating Solar Power Plant (FSPV) located in the reservoir of the Omkareshwar project in Madhya Pradesh. This project, which went live on October 29, 2024, is expected to generate an annual capacity of 204.58 million units (MUs). The total project cost is Rs 5.89 billion. NHPC, India’s largest hydroelectric power developer, is also active in…
Author: PPD Team Date: 06/12/2024 Teems India Towerlines Private Limited has won two contracts for the supply, installation, testing, and commissioning of unfinished transmission line works under the Jharkhand Power System Improvement Project. Jharkhand Urja Sancharan Nigam Limited (JUSNL) invited bids for the project in July 2024. The awarded contracts include: Rs 378.79 million for Package V, comprising 132 kV DC transmission lines from Naudiha to Chhatarpur and Nagaruntari to Garhwa. Rs 905.78 million for…
Author: PPD Team Date: 04/12/2024 Portland General Electric (PGE) has entered a power purchase agreement (PPA) with Avangrid, a member of the Iberdrola Group, to procure power from the 120 MWac (166 MWdc) Tower Solar project in Morrow County, Oregon. Scheduled for completion in 2026, Tower Solar will be Avangrid’s sixth solar facility and 17th power generation project in Oregon, where the company operates 1.6 GW of wind and solar capacity. The project will supply…
Author: PPD Team Date: 30/12/2024 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the grant of Terms of Reference (ToR) for the Indirasagar-Omkareshwar on-stream Pumped Storage Project (640 MW) by NHDC Limited in Madhya Pradesh. Located in Khandwa district, the project will require 198 hectares of forest land and an estimated investment of Rs. 47.56 billion. NHDC plans to develop the project on the right bank…
Author: PPD Team Date: 17/10/2024 Damodar Valley Corporation (DVC) has emerged as the highest bidder in the auction for Hiranmaye Energy’s assets, offering Rs 15 billion, surpassing the reserve price of Rs 13 billion. This marks DVC’s first acquisition, adding to its total installed capacity of around 6,700 MW, including greenfield and brownfield expansions. Hiranmaye Energy operates a 300 MW thermal power plant in Haldia, West Bengal, with two units of 150 MW each. The…
Author: PPD Team Date: 18/09/2024 HPL Electric & Power has won an order worth Rs 1.44 billion for the supply of smart and conventional meters. The company, a leading manufacturer of electrical equipment, will execute the order as per the terms of the letter of award (LoA). HPL operates across five key product areas: metering solutions, modular switches, switchgear, LED lighting, and wires and cables. It holds a strong position in the on-load change-over switches…
Author: PPD Team Date: 04/11/2024 NHDC, a subsidiary of NHPC, has commissioned the full 88 MW capacity of the Omkareshwar Floating Solar Power Plant (FSPV) located in the reservoir of the Omkareshwar project in Madhya Pradesh. This project, which went live on October 29, 2024, is expected to generate an annual capacity of 204.58 million units (MUs). The total project cost is Rs 5.89 billion. NHPC, India’s largest hydroelectric power developer, is also active in…
Author: PPD Team Date: 06/12/2024 Teems India Towerlines Private Limited has won two contracts for the supply, installation, testing, and commissioning of unfinished transmission line works under the Jharkhand Power System Improvement Project. Jharkhand Urja Sancharan Nigam Limited (JUSNL) invited bids for the project in July 2024. The awarded contracts include: Rs 378.79 million for Package V, comprising 132 kV DC transmission lines from Naudiha to Chhatarpur and Nagaruntari to Garhwa. Rs 905.78 million for…