Author: PPD Team Date: 07/01/2025
Gensol Engineering Limited has secured an engineering, procurement, and construction (EPC) contract for a 275 MW solar photovoltaic project at the Khavda Rann renewable energy solar park in Kutch, Gujarat.
The project, valued at Rs 10.61 billion, also includes three years of operations and maintenance.
Author: PPD Team Date: 06/12/2024 The Federation of Indian Chambers of Commerce and Industry (FICCI) has signed a memorandum of understanding with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) to promote renewable energy, decarbonisation, energy efficiency, and environmental compliance in Maharashtra. The partnership focuses on facilitating renewable energy projects, aiding industries in adopting decarbonisation practices, and implementing energy efficiency measures across large-scale industries and MSMEs. Additionally, it aims to aggregate demand across sectors…
Author: PPD Team Date: 02/05/2025 Tata Power Company Limited (TPCL) has issued a Request for Selection (RfS) on 29 April 2025 to procure 250 MW of Firm and Dispatchable Renewable Energy (FDRE) power. The power will come from Inter-State Transmission System (ISTS) connected renewable energy projects integrated with Energy Storage Systems (ESS), located anywhere in India. The project will be developed under the Tariff Based Competitive Bidding (TBCB) route. The deadline for bid submission is…
Author: PPD Team Date: 14/05/2025 Solex Energy Limited reported a total income of Rs 6.658 billion for FY 2024–25, up 81 per cent from Rs 3.680 billion in FY 2023–24. Profit after tax surged to Rs 427.9 million, a 390 per cent increase from Rs 87.3 million. Earnings per share (EPS) rose to Rs 43.82, reflecting a 301 per cent rise year-on-year. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at Rs 731.2 million,…
Author: PPD Team Date: 07/01/2025 Larsen & Toubro Ltd’s Power Transmission & Distribution (PT&D) business has secured new orders in India and the Middle East. In India, L&T’s PT&D division will implement an advanced distribution management system (ADMS) in West Bengal. The technology integrates the Outage Management System (OMS) and Distribution Management System (DMS) functionalities, enhancing real-time monitoring and control of medium and low-voltage networks to improve reliability, fault isolation, and restoration speed. In the…
Author: PPD Team Date: 20/12/2024 Masali village in Gujarat’s Banaskantha district has become India’s first ‘solar village’ located on the border. The village, with a population of 800, is situated 40 km from the Pakistan border. All 199 houses in the village now have solar panels installed, generating 100% of the village’s electricity needs. The project, worth Rs 11.6 million, provides a total of 225.5 kilowatts of power, exceeding the electricity requirements of each home….
Author: PPD Team Date: 19/12/2024 ABB has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa. This acquisition will strengthen ABB’s position in the growing market for high-powered renewable power conversion technology. The acquired portfolio includes Doubly-fed induction generator (DFIG) wind converters, industrial battery energy storage systems (BESS), and utility-scale solar power inverters. The transaction will add over 100 specialized engineers and two Spanish converter factories in…
Author: PPD Team Date: 06/12/2024 The Federation of Indian Chambers of Commerce and Industry (FICCI) has signed a memorandum of understanding with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) to promote renewable energy, decarbonisation, energy efficiency, and environmental compliance in Maharashtra. The partnership focuses on facilitating renewable energy projects, aiding industries in adopting decarbonisation practices, and implementing energy efficiency measures across large-scale industries and MSMEs. Additionally, it aims to aggregate demand across sectors…
Author: PPD Team Date: 02/05/2025 Tata Power Company Limited (TPCL) has issued a Request for Selection (RfS) on 29 April 2025 to procure 250 MW of Firm and Dispatchable Renewable Energy (FDRE) power. The power will come from Inter-State Transmission System (ISTS) connected renewable energy projects integrated with Energy Storage Systems (ESS), located anywhere in India. The project will be developed under the Tariff Based Competitive Bidding (TBCB) route. The deadline for bid submission is…
Author: PPD Team Date: 14/05/2025 Solex Energy Limited reported a total income of Rs 6.658 billion for FY 2024–25, up 81 per cent from Rs 3.680 billion in FY 2023–24. Profit after tax surged to Rs 427.9 million, a 390 per cent increase from Rs 87.3 million. Earnings per share (EPS) rose to Rs 43.82, reflecting a 301 per cent rise year-on-year. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at Rs 731.2 million,…
Author: PPD Team Date: 07/01/2025 Larsen & Toubro Ltd’s Power Transmission & Distribution (PT&D) business has secured new orders in India and the Middle East. In India, L&T’s PT&D division will implement an advanced distribution management system (ADMS) in West Bengal. The technology integrates the Outage Management System (OMS) and Distribution Management System (DMS) functionalities, enhancing real-time monitoring and control of medium and low-voltage networks to improve reliability, fault isolation, and restoration speed. In the…
Author: PPD Team Date: 20/12/2024 Masali village in Gujarat’s Banaskantha district has become India’s first ‘solar village’ located on the border. The village, with a population of 800, is situated 40 km from the Pakistan border. All 199 houses in the village now have solar panels installed, generating 100% of the village’s electricity needs. The project, worth Rs 11.6 million, provides a total of 225.5 kilowatts of power, exceeding the electricity requirements of each home….
Author: PPD Team Date: 19/12/2024 ABB has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa. This acquisition will strengthen ABB’s position in the growing market for high-powered renewable power conversion technology. The acquired portfolio includes Doubly-fed induction generator (DFIG) wind converters, industrial battery energy storage systems (BESS), and utility-scale solar power inverters. The transaction will add over 100 specialized engineers and two Spanish converter factories in…
Author: PPD Team Date: 06/12/2024 The Federation of Indian Chambers of Commerce and Industry (FICCI) has signed a memorandum of understanding with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) to promote renewable energy, decarbonisation, energy efficiency, and environmental compliance in Maharashtra. The partnership focuses on facilitating renewable energy projects, aiding industries in adopting decarbonisation practices, and implementing energy efficiency measures across large-scale industries and MSMEs. Additionally, it aims to aggregate demand across sectors…
Author: PPD Team Date: 02/05/2025 Tata Power Company Limited (TPCL) has issued a Request for Selection (RfS) on 29 April 2025 to procure 250 MW of Firm and Dispatchable Renewable Energy (FDRE) power. The power will come from Inter-State Transmission System (ISTS) connected renewable energy projects integrated with Energy Storage Systems (ESS), located anywhere in India. The project will be developed under the Tariff Based Competitive Bidding (TBCB) route. The deadline for bid submission is…