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: 22/10/2024 GVPR Engineers has been declared the lowest bidder (L1) for a power distribution contract in Uttarakhand. The company secured the contract at a value of Rs 3.96 billion for the construction of a 400 KV GIS Switching Substation in Pipalkoti. The bids were invited by the Power Transmission Corporation of Uttarakhand.
Author: PPD Team Date: 02/06/2025 North Eastern Electric Power Corporation Limited (NEEPCO) has invited bids for civil works under Package-III of the 700 MW Tato-II Hydro Electric Project in Arunachal Pradesh. The tender was issued on May 27, 2025, and the last date for bid submission is July 22, 2025. The scope includes major civil works for the power intake, head race tunnel (HRT), surge shaft, valve chamber, pressure shafts, penstock, and the underground powerhouse…
Author: PPD Team Date: 14/01/2025 Solar inverter manufacturer Deye has launched the AE-F(S)2.0-2H2 Micro Hybrid energy storage system (ESS), an all-in-one unit combining an energy storage micro-inverter, battery modules, and a battery management system (BMS). Designed for home and outdoor applications, the system offers 24/7 intelligent monitoring and power management through Lora smart communication and an intuitive app interface. The system includes a 2 kWh lithium iron phosphate (LFP) battery, expandable to 10 kWh, with…
Author: PPD Team Date: 26/12/2024 The Ministry of Power (MoP) has planned to set up a nuclear power plant (NPP) in Kerala, pending the availability of 60.7 hectares of land. Athirappilly in Thrissur district and Cheemeni in Kasaragod district have been identified as suitable sites for the plant. Kerala State Electricity Board (KSEB) intends to utilize the thorium reserves along the Kerala coast to establish a thorium-based NPP.
Author: PPD Team Date: 17/06/2025 ACME Pokhran Solar Private Limited, a wholly-owned subsidiary of ACME Solar Holdings Limited, commissioned 19.8 MW wind power capacity in Shapar, Gujarat, on June 13, 2025. This forms part of its 50 MW grid-connected wind power project under Phase II of the Gujarat Phase III tender. With this, the total commissioned capacity under the project now stands at 46.2 MW. The remaining capacity is expected to be commissioned shortly. ACME…
Author: PPD Team Date: 14/01/2025 The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One, has committed USD 20 million to CME Solarin Vietnam to develop a pipeline of rooftop solar projects, potentially scaling to over 260 MWp. This investment supports Vietnam’s green growth goals and accelerates the energy transition in key industries like electronics, textiles, and manufacturing. With coal accounting for 45% of Vietnam’s energy supply, this initiative aims to reduce carbon…