Author: PPD Team Date: 27/01/2025
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: 21/11/2024 The consortium of Abu Dhabi National Energy Company (TAQA), JERA Co., Inc., and AlBawani Capital has signed two 25-year power purchase agreements (PPAs) with the Saudi Power Procurement Company (SPPC) to develop the 1.8 GW Rumah 2 Independent Power Project (IPP) and the 1.8 GW Al Nairyah 2 IPP. These greenfield combined cycle gas turbine (CCGT) power plants will have a total capacity of 3.6 GW, using advanced high-efficiency gas…
Author: PPD Team Date: 30/05/2025 NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has signed a joint venture agreement with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT). The agreement was formalised on May 29, 2025. The joint venture company will develop 5,000 MW of renewable energy projects across Maharashtra. These will include solar parks, wind projects, hybrid systems, floating solar installations, battery energy storage systems (BESS), and pumped storage projects…
Author: PPD Team Date: 04/02/2025 Tata Power Trading Company Limited (TPTCL) has secured a contract from Power Grid Corporation of India Limited (PGCIL) for the sale of power from the 85 MW/105 MWp Nagda Solar Power Project in Madhya Pradesh. Bids for the contract were invited by PGCIL in November 2024. The scope includes selling the power procured from the project through various power and energy exchange products, such as the Green Day Ahead Market…
Author: PPD Team Date: 13/01/2025 Umweltgerechte Kraftanlagen (UKA), a German developer of wind and solar parks, has ordered 80 turbines from Nordex Group, totalling a capacity of 540 MW for various wind energy projects across Germany. The turbines, mainly from the Delta4000 series, will be supplied for 15 UKA projects in six German states. The bulk of the order includes 64 N175/6.X turbines, along with 13 N163/6.X and three N149/5.X turbines. One of the most…
Author: PPD Team Date: 02/12/2024 Power Mech Projects Limited won a contract from Adani Power Limited (APL) worth Rs 5,100 million for civil and mechanical construction works for the 1,600 MW Raipur (Raikheda) Ultra Super-Critical Thermal Expansion Project on November 29, 2024. The work is expected to be completed in 34 months. The plant is an Ultra Super-Critical expansion by adding 1,600 MW (2X800 MW) to existing 1,370 MW (2×685) Chhattisgarh (Raikheda) Coal Based Thermal…
Author: PPD Team Date: 13/01/2025 NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited, has commenced commercial operations on a cumulative 110 MW capacity under two major solar power projects in Rajasthan and Madhya Pradesh. Rajasthan: NTPC REL started commercial operations on 60 MW of the 320 MW solar power project in Bhainsara, Jaisalmer, on January 7, 2025. The entire 320 MW capacity, part of the 470 MW grid-connected solar PV project (Tranche…
Author: PPD Team Date: 21/11/2024 The consortium of Abu Dhabi National Energy Company (TAQA), JERA Co., Inc., and AlBawani Capital has signed two 25-year power purchase agreements (PPAs) with the Saudi Power Procurement Company (SPPC) to develop the 1.8 GW Rumah 2 Independent Power Project (IPP) and the 1.8 GW Al Nairyah 2 IPP. These greenfield combined cycle gas turbine (CCGT) power plants will have a total capacity of 3.6 GW, using advanced high-efficiency gas…
Author: PPD Team Date: 30/05/2025 NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has signed a joint venture agreement with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT). The agreement was formalised on May 29, 2025. The joint venture company will develop 5,000 MW of renewable energy projects across Maharashtra. These will include solar parks, wind projects, hybrid systems, floating solar installations, battery energy storage systems (BESS), and pumped storage projects…
Author: PPD Team Date: 04/02/2025 Tata Power Trading Company Limited (TPTCL) has secured a contract from Power Grid Corporation of India Limited (PGCIL) for the sale of power from the 85 MW/105 MWp Nagda Solar Power Project in Madhya Pradesh. Bids for the contract were invited by PGCIL in November 2024. The scope includes selling the power procured from the project through various power and energy exchange products, such as the Green Day Ahead Market…
Author: PPD Team Date: 13/01/2025 Umweltgerechte Kraftanlagen (UKA), a German developer of wind and solar parks, has ordered 80 turbines from Nordex Group, totalling a capacity of 540 MW for various wind energy projects across Germany. The turbines, mainly from the Delta4000 series, will be supplied for 15 UKA projects in six German states. The bulk of the order includes 64 N175/6.X turbines, along with 13 N163/6.X and three N149/5.X turbines. One of the most…
Author: PPD Team Date: 02/12/2024 Power Mech Projects Limited won a contract from Adani Power Limited (APL) worth Rs 5,100 million for civil and mechanical construction works for the 1,600 MW Raipur (Raikheda) Ultra Super-Critical Thermal Expansion Project on November 29, 2024. The work is expected to be completed in 34 months. The plant is an Ultra Super-Critical expansion by adding 1,600 MW (2X800 MW) to existing 1,370 MW (2×685) Chhattisgarh (Raikheda) Coal Based Thermal…
Author: PPD Team Date: 13/01/2025 NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited, has commenced commercial operations on a cumulative 110 MW capacity under two major solar power projects in Rajasthan and Madhya Pradesh. Rajasthan: NTPC REL started commercial operations on 60 MW of the 320 MW solar power project in Bhainsara, Jaisalmer, on January 7, 2025. The entire 320 MW capacity, part of the 470 MW grid-connected solar PV project (Tranche…
Author: PPD Team Date: 21/11/2024 The consortium of Abu Dhabi National Energy Company (TAQA), JERA Co., Inc., and AlBawani Capital has signed two 25-year power purchase agreements (PPAs) with the Saudi Power Procurement Company (SPPC) to develop the 1.8 GW Rumah 2 Independent Power Project (IPP) and the 1.8 GW Al Nairyah 2 IPP. These greenfield combined cycle gas turbine (CCGT) power plants will have a total capacity of 3.6 GW, using advanced high-efficiency gas…
Author: PPD Team Date: 30/05/2025 NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has signed a joint venture agreement with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT). The agreement was formalised on May 29, 2025. The joint venture company will develop 5,000 MW of renewable energy projects across Maharashtra. These will include solar parks, wind projects, hybrid systems, floating solar installations, battery energy storage systems (BESS), and pumped storage projects…