Similar Posts
GP Eco wins Rs 655 million solar EPC order in Bareilly
GP Eco Solutions India Limited has secured a Letter of Intent (LoI) worth Rs 655.2 million from Synergy Wave System LLP. The order is for engineering, procurement, and construction (EPC) works for setting up 12.6 MW/16.38 MWp grid-connected solar power plants under the RESCO (Renewable Energy Service Company) model in Bareilly, Uttar Pradesh. The LoI…
US to hold first offshore wind lease auction in Gulf of Maine in October
The US Department of the Interior (DOI) will hold its first offshore wind energy lease auction for the Gulf of Maine on 29 October 2024. The auction will offer leases for eight areas off the coasts of Massachusetts, New Hampshire, and Maine, with the potential to generate 13 GW of power, enough to supply 4.5…
PFC, Schneider Electric, and KPI Green announce Q2 FY2025-26 results
Power Finance Corporation (PFC) reported a consolidated net profit of Rs 44.60 billion for Q2 FY2025-26, an increase of 2.06% from Rs 43.70 billion in the same quarter last year. Revenue rose 11.82% year-on-year to Rs 147.60 billion, compared to Rs 132.00 billion in Q2 FY2024-25. The results were approved by the company’s Board of…
MSEDCL awards solar pump orders to Shakti Pumps, Oswal Pumps, GK Energy
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued new orders for off-grid solar pumps under the Magel Tyala Saur Krushi Pump Yojana, which operates under the PM KUSUM B scheme. The awards cover systems to be deployed across Maharashtra to support agricultural irrigation. Shakti Pumps said it has received a Letter of Empanelment…
REC transfers Rajgarh Neemuch Power to GR Infraprojects
REC Limited has announced that its subsidiary, REC Power Development and Consultancy Limited (RECPDCL), has completed the sale of Rajgarh Neemuch Power Transmission Limited to GR Infraprojects Limited. GR Infraprojects emerged as the successful bidder through a tariff-based competitive bidding process. Rajgarh Neemuch Power Transmission Limited was incorporated on June 17, 2025, as a special…
India plans 1,121 GW power capacity by 2035-36, solar to lead
The Central Electricity Authority (CEA), under the Ministry of Power (MoP), has released the National Generation Adequacy Plan (NGAP) for 2026-27 to 2035-36. The plan outlines a pathway to more than double the country’s electricity generation capacity over the next decade to meet rising demand. Capacity expansion outlook The NGAP projects total installed power generation…
