Author: PPD Team Date: January 27, 2025
Indian Energy Exchange (IEX) reported a profit after tax of Rs 1,073 million for the quarter ended December 2024, a 16.9% increase from Rs 918 million in the same period last year.
The company’s consolidated revenue grew by 13.7% to Rs 1,605 million in Q3 FY2024, compared to Rs 1,412 million during the corresponding quarter of 2023.
Author: PPD Team Date: September 23, 2025 The Asian Development Bank (ADB) has approved a loan of $52.72 million to support Cambodia’s Grid Expansion Project. The program aims to strengthen the national transmission network, integrate more renewable energy, and meet growing electricity demand with locally generated clean power. Cambodia’s domestic electricity generation increased from 8.68 terawatt hours (TWh) in 2020 to 17.85 TWh in 2024. Over the same period, power imports declined from 3.06 TWh…
Author: PPD Team Date: October 23, 2025 NTPC Renewable Energy Limited (NREL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has declared commercial operation of two additional solar capacities at its Khavda projects in Gujarat. A 95.75 MW part capacity from the 1,255 MW Khavda-I Solar PV Project under the CPSU Scheme Phase-II Tranche-III commenced commercial operation from October 18, 2025. This was followed by the fourth part, with a capacity of 37.95…
Author: PPD Team Date: November 14, 2024 Tata Power Renewable Energy Limited (TPREL) has commissioned a 126 MW Omkareshwar floating solar project in the Khandwa district of Madhya Pradesh. The Rs 5.96 billion engineering, procurement, and construction (EPC) project was awarded by NHDC Limited and will supply power to the Madhya Pradesh Power Transmission Company Limited (MPPTCL). Completed within 26 months, this installation is among India’s largest floating solar projects, marking a significant milestone in…
Author: PPD Team Date: March 2, 2026 Orient Green Power Company Limited informed stock exchanges on February 27, 2026, that its material stepdown subsidiary, Clarion Wind Farm Private Limited, has entered into a Supervision, Erection and Commissioning Agreement with Suzlon Southern Projects Limited. The agreement, executed on February 26, 2026, relates to the repowering of an existing 6.3 MW wind farm at Devarkulam, Tamil Nadu. The disclosure follows an earlier intimation dated January 29, 2026,…
Author: PPD Team Date: June 30, 2025 Aseem Infrastructure Finance Limited (AIFL) has raised its first external commercial borrowing and green loan worth $80 million from DBS Bank Limited. The funds will be used to support renewable energy projects across India. DBS Bank acted as the sole mandated lead arranger for the transaction through its IFSC banking unit at GIFT City, Gujarat. It also served as the sole sustainability coordinator, offering structuring support aligned with…
Author: PPD Team Date: January 16, 2025 Kosol Energie Private Limited has won a contract from NLC India Limited to supply 393.9 MWp bifacial solar modules for the 600 MW Khavda Solar PV Project-Phase XX (GUVNL) in Gujarat. The firm bid Rs 5.57 billion for the project. NLC invited bids for the project in August 2024. The scope includes manufacturing, supply, packing, forwarding, and transportation of 393.9 MWp Mono Crystalline/Topcon Silicon bifacial solar photovoltaic (PV)…