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: April 20, 2026 The Competition Commission of India (CCI) has closed proceedings against Adani Green Energy, Azure Power, and the Solar Energy Corporation of India (SECI) over alleged anti-competitive practices linked to the 7 GW solar manufacturing-linked tender. In an order dated April 16, 2026, the Commission said it found no prima facie evidence of any contravention under the Competition Act, 2002. The complaint had alleged that the Request for Selection…
Author: PPD Team Date: April 6, 2026 Indian Energy Exchange (IEX) reported its highest ever annual traded electricity volume of 141 billion units (BU) for the fiscal year 2025–2026, marking a 17% increase over the previous year. The growth was supported by improved supply liquidity and lower power prices on the exchange. In a media release issued April 6, 2026, IEX stated that India’s power demand rose by 1.1% year on year during the fiscal…
Author: PPD Team Date: June 4, 2025 India’s coal production rose to 86.24 million tonnes (MT) in May 2025, up from 83.96 MT in May 2024, reflecting steady growth in the sector. The Ministry of Coal attributed this to its focus on ensuring stable supply and operations. Captive and commercial mines produced 16.93 MT during May 2025, a sharp increase from 13.83 MT in the same period last year. This growth signals a stronger contribution…
Author: PPD Team Date: October 23, 2024 France is preparing to launch tenders for two fixed and three floating offshore wind farms, totalling 9.2GW, in the autumn and winter of 2024/25. The French Energy Ministry has identified key locations for these projects, including offshore areas near Fecamp in northwest France, Brittany, the western Gascogne Gulf, and the southern Mediterranean coast. French Energy Minister Olga Givernet, during a visit to Fecamp, emphasized that the installations align…
Author: PPD Team Date: November 13, 2025 Sembcorp Industries, through its subsidiary Sembcorp Green Infra Private Limited, has been awarded a 150 MW Firm and Dispatchable Renewable Energy (FDRE) project by SJVN Limited. The project follows a build-own-operate framework and forms part of SJVN’s 6,000 MWh (1,500 MW x 4 hours) tender designed to supply reliable peak power through renewable energy integrated with energy storage systems connected to the Inter-State Transmission System (ISTS). To meet…
Author: PPD Team Date: July 21, 2025 The Allahabad High Court has dismissed a Public Interest Litigation (PIL) challenging the proposed privatisation of two electricity distribution companies in Uttar Pradesh. As reported by news agencies, the court ruled that the petition was based on assumptions and lacked supporting evidence. The PIL, filed by Vijay Pratap Singh, opposed the privatisation of Dakshinanchal Vidyut Vitran Nigam Ltd (DVVNL) and Purvanchal Vidyut Vitran Nigam Ltd (PVVNL). The petitioner…