Author: PPD Team Date: 20/12/2024
Similar Posts
Borosil Renewables completes Rs 178.2 million investment in Clean Max Prithvi
Author: PPD Team Date: 01/03/2025 Borosil Renewables Limited has completed its investment of Rs 178.2 million in Clean Max Prithvi Private Limited (CMPPL) in two tranches. The investment follows Borosil Renewables’ initial acquisition of a 49 per cent stake in CMPPL for Rs 49,000, announced in September 2024. The company later invested Rs 35.6 million and Rs 142.6 million, receiving 31,058 and 1,22,797 equity shares, respectively, at a face value of Rs 10 each. Despite…
Tata Power-DDL partners with Probus for Bluetooth-enabled smart metering
Author: PPD Team Date: 24/02/2025 Tata Power Delhi Distribution (Tata Power-DDL) has partnered with Probus Smart Things to enhance smart metering technology through a Universal Network Interface Card (NIC) with Bluetooth-enabled communication. The Universal NIC aims to improve smart metering capabilities by ensuring reliable and efficient communication even in the absence of primary networks, according to a statement from Tata Power-DDL. Key features of the NIC include Bluetooth-enabled connectivity for seamless meter data collection and…
BHEL and Reliance Power report earnings growth in Q3 FY25
Author: PPD Team Date: 12/02/2025 Bharat Heavy Electricals Limited (BHEL) posted a net profit of Rs 1.35 billion for the quarter ending December 2024, marking a 125 per cent increase from Rs 0.60 billion in the same quarter last year. The company’s total income rose by 31.87 per cent to Rs 73.85 billion, compared to Rs 56 billion in the corresponding period of the previous year. Reliance Power Limited reported a net profit of Rs…
Hanwha Qcells secures $1.45bn loan guarantee for US solar manufacturing facility
Author: PPD Team Date: 23/12/2024 Hanwha Qcells Georgia has secured a $1.45 billion loan guarantee from the US Department of Energy’s Loan Programs Office (LPO) to fund the development of a solar supply chain facility in Cartersville, Georgia. This facility will become the largest ingot and wafer production plant in the US and the first fully integrated silicon-based solar manufacturing plant in over a decade. The plant will produce 3.3GW of solar panels annually, powering…
PFCCL initiates empanelment process for AMISP under RDSS
Author: PPD Team Date: 20/12/2024 PFC Consulting Ltd (PFCCL), a subsidiary of Power Finance Corporation Ltd, has initiated the empanelment of advanced metering infrastructure service providers (AMISP) under the centrally-sponsored Revamped Distribution Sector Scheme (RDSS). As one of the project implementation agencies (PIA) for smart metering under RDSS, PFCCL is seeking to empanel AMISPs to execute prepaid smart metering projects. The empanelment process will categorize bidders into four groups based on project size, defined by…
TP Solar secures 292.5 MWp module supply contract from SECI
Author: PPD Team Date: 28/02/2025 TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), has secured a contract from the Solar Energy Corporation of India Limited (SECI) to supply 292.5 MWp of Domestic Content Requirement (DCR) solar modules. The contract, valued at Rs 6.32 billion, is part of SECI’s 400 MWp tender under the CPSU Scheme Tranche-III. The modules will be delivered to Ramagiri, Andhra Pradesh, between October 2025 and January 2026….