Author: PPD Team Date: October 29, 2024
Gensol Engineering Limited has reported a net profit of Rs 228.9 million for the quarter ending September 2024, marking a 28.96% increase from Rs 177.5 million in the same quarter last year.
The company’s total income rose by 13.76% to Rs 3,468.2 million, up from Rs 3,048.7 million in the corresponding period of the previous year, reflecting steady growth in its financial performance.
Author: PPD Team Date: November 17, 2025 Adani Power Limited and Adani Green Energy have secured Letters of Award from the Assam Government for two large energy projects worth about Rs 63,000 crore. The package includes a 3,200 MW ultra supercritical thermal plant and two pumped storage plants with a combined 2,700 MW, which together represent the biggest private sector investment in the northeast. Adani Power will put in close to Rs 48,000 crore to…
Author: PPD Team Date: July 3, 2025 The World Bank has evinced interest in funding a Shore-Electric-Power-Supply Project aimed at decarbonising port operations at Jawaharlal Nehru Port Authority (JNPA), near Mumbai. Bids for the project are expected to be invited by July 15, 2025. The estimated cost for this initial phase is Rs 1,000 million. JNPT has drawn up a plan to roll out shore power infrastructure across all five terminals at the port. The…
Author: PPD Team Date: November 29, 2024 Dineshchandra R Agrawal Infracon Private Limited (DRAPL) has been awarded the contract to act as the Transmission Service Provider (TSP) for the Transmission System for evacuation of power from Rajasthan Renewable Energy Zone (REZ) Phase IV (Part 4: 3.5 GW): Part B. The project will be developed under the Tariff-Based Competitive Bidding (TBCB) process on a Build, Own, Operate, and Transfer (BOOT) basis. REC Power Distribution Company Limited…
Author: PPD Team Date: June 5, 2025 Serentica Renewables India Private Limited (SRIPL) has achieved financial closure for its 300 MW solar power project in Rajasthan. The company has secured over Rs 8.58 billion (USD 100 million) through External Commercial Borrowing (ECB) from Rabobank and Societe Generale. The power generated from this project will be supplied to Bharat Aluminium Company Limited (BALCO), a wholly-owned subsidiary of Vedanta Limited. This forms part of Vedanta’s broader plan…
Author: PPD Team Date: March 24, 2025 Bharat Heavy Electricals Limited (BHEL) has secured a major contract from Gujarat State Electricity Corporation Limited (GSECL) for the expansion of the Ukai thermal power station in Tapi district, Gujarat. The company received a letter of intent (LoI) for the engineering, procurement, and construction (EPC) package of the 1×800 MW extension unit 7. The contract, valued at approximately Rs 75 billion, includes the supply, erection, testing, and commissioning…
Author: PPD Team Date: December 3, 2024 Global green technology leader Envision Energy has partnered with Samruk Energy and Kazakhstan Utility Systems to support Kazakhstan’s renewable energy transition by establishing local manufacturing facilities for wind turbines and energy storage systems. The initiative will focus on producing smart wind turbines and energy storage systems locally, reducing transportation costs, minimizing environmental impact, and fostering energy independence. Kazakhstan Utility Systems CEO Sabyrgali Idrisov highlighted the partnership’s role in…