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IREDA reports Rs 4.25 billion net profit in Q3 FY25, up 26.48%
Indian Renewable Energy Development Agency Limited (IREDA) posted a net profit of Rs 4.25 billion for the quarter ending December 2024, a 26.48% rise compared to Rs 3.36 billion in the same quarter last year. The company’s revenue from operations increased by 35.59% to Rs 16.99 billion during the quarter, up from Rs 12.53 billion…
Westinghouse and BWXT Canada partner on nuclear new-build projects globally
Westinghouse Electric Company and BWXT Canada have signed a memorandum of understanding (MoU) to collaborate on nuclear new-build projects in Canada and globally. BWXT Canada will manufacture key components for Westinghouse’s AP1000 and AP300 reactors, including steam generators and reactor vessels. This partnership strengthens Westinghouse’s AP1000 and AP300 initiatives, leveraging BWXT Canada’s expertise in pressurised…
Hinduja Renewables to set up 600 MW solar power park in Jhansi
Hinduja Renewables Energy Private Limited received a Letter of Award (LoA) on January 6, 2025, for the 600 MW Jhansi Solar Power Park Project in Uttar Pradesh. TUSCO Limited, a joint venture of UPNEDA and THDC India Limited, invited bids for Solar Power Developers (SPDs) in August 2024. The project involves constructing cable trays, internal…
Oriana Power to build 75 MW solar plus storage project in Rajasthan
Oriana Power has entered into an agreement to develop a 75 MW solar power plant with an integrated 111.57 MWh battery energy storage system in Rajasthan. The project, valued at Rs 4.76 billion, will be implemented on an engineering, procurement and construction basis. Scope of work includes design, engineering, supply, construction, installation and commissioning. Completion…
NTPC Renewable adds 133.7 MW solar capacity at Khavda
NTPC Renewable Energy Limited (NREL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has declared commercial operation of two additional solar capacities at its Khavda projects in Gujarat. A 95.75 MW part capacity from the 1,255 MW Khavda-I Solar PV Project under the CPSU Scheme Phase-II Tranche-III commenced commercial operation from October 18,…
Engie signs 90 MW PPA with Google for Chillingham solar project in Texas
Engie North America has entered into a power purchase agreement (PPA) with Google to supply renewable energy from its 200 MW Chillingham solar project in Bell County, Texas. This 90 MW PPA will support Google’s 24/7 carbon-free energy goal by powering its Texas operations with clean energy. The agreement, facilitated by LevelTen Energy’s LEAP program,…
