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: March 12, 2025 The Delhi High Court has upheld a Rs 1.15 billion arbitration award in favor of Bharat Heavy Electricals Limited (BHEL) in a dispute with RattanIndia Power Limited over the Nasik Thermal Power Project Phase I. The ruling, delivered on March 6, 2025, reinforces BHEL’s claim, including an 18% annual interest from 30 days after the original award date of July 27, 2017. The project, implemented by RattanIndia Nasik…
Author: PPD Team Date: February 26, 2026 ACME Solar Holdings Limited (ASHL) has commissioned the first phase of its large scale Battery Energy Storage System (BESS) project in Rajasthan. The initial phase of 19 MW/38 MWh was activated on February 25, 2026, through its wholly owned subsidiary, ACME Suryodaya Private Limited. The project is located in the villages of Sanwara and Mehar Nagar in Pokhran Tehsil, Jaisalmer district. It is part of a larger development…
Author: PPD Team Date: December 15, 2025 KEC International Limited has announced new orders worth Rs 1,150 crore in its domestic operations. The company disclosed on 12 December 2025 that it has secured two major contracts in India. The Transmission and Distribution business has received its largest order to date from a private sector client for a composite project. The scope covers a 765 kV transmission line and a 765 or 400 kV air-insulated switchgear…
Author: PPD Team Date: February 17, 2025 Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent (LOI) worth Rs 67 billion from Singareni Collieries Company Limited (SCCL) for the engineering, procurement, and construction (EPC) package of the 1×800 MW Singareni Stage-II project, also known as the Adilabad Coal-Based Power Project Stage II. SCCL re-invited bids for the project in March 2024 after the initial invitation in November 2022. The contract involves the supply,…
Author: PPD Team Date: November 6, 2024 Westbridge Renewable Energy has completed the sale of its 75% stake in the Sunnynook solar and battery energy storage system (BESS) project to METLEN Energy & Metals. Located in Alberta’s Special Area No. 2, the 332 MWdc Sunnynook solar project includes a 200 MWh BESS and is approved by the Alberta Utilities Commission, currently progressing in the Alberta Electrical System Operator’s connection process. The C$41.4 million ($29.7 million)…
Author: PPD Team Date: January 17, 2025 Leeward Renewable Energy (LRE) has revealed plans for renewable energy projects exceeding 700 megawatts alternating current (MWac) in Oklahoma, supported by long-term power purchase agreements (PPAs) with Google. The projects include the 372-MWac Mayes County solar portfolio, located near Google’s Pryor data centre. Construction is underway, with energy delivery facilitated through the Grand River Dam Authority (GRDA). The portfolio features three sites: Salt Branch Solar, Huckleberry Solar, and…