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.
Premier Energies Limited’s subsidiaries, Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, secured contracts worth Rs 1.46 billion for solar module and cell supply in India on January 14, 2025. The companies won Rs 10.41 billion for solar modules and Rs 4.19 billion for solar cells….
NTPC Limited is currently in talks with the Bihar government to set up a nuclear power plant in the Nawada district. The state has formally approached the Ministry of Power, requesting that Bihar be considered for this major nuclear project. The proposed plant is set to be developed as an independent initiative, with water potentially…
SAEL Industries Ltd has announced that its subsidiary, SAEL Solar P6 Pvt Ltd, has received a Letter of Award (LoA) from NTPC Renewable Energy Ltd (NTPC REL) for the supply of TOPCon solar photovoltaic (PV) modules for the 585.8 MWp Chitrakoot-1 solar PV project in Uttar Pradesh. According to the company, the order represents the…
Sumitomo Corporation, through its Sumitomo Corporation of Americas and Perennial Power Holdings, has partnered with CEP Solar to develop over 1.5GW of solar and battery storage assets in Virginia, US. This joint venture will combine CEP Solar’s local expertise with Sumitomo’s project finance capabilities, accelerating the expansion of renewable energy in the region. Construction is…
Hindustan Petroleum Corporation (HPCL) has floated a tender seeking the supply of 5,000 tonnes (5 KTPA) of green hydrogen annually for its Visakh Refinery. The tender period is set for 25 years, with the bid submission deadline on January 21, 2025. The successful bidder will be responsible for selecting the project location, acquiring land, and…
Damodar Valley Corporation (DVC) has entered into power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) to supply a total of 559 MW of electricity. This includes 359 MW from the 800 MW Durgapur Thermal Power Expansion Project in West Bengal and 200 MW from the 2×800 MW Koderma Thermal Power Expansion Project…