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: August 12, 2025 A consortium of SCC Infrastructure and InSolare has won the Solar Energy Corporation of India’s auction to supply 70,000 tonnes per annum of green ammonia under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A, Tranche-I). The supply tariff was set at Rs 53.05 per kg. The green ammonia will be supplied to Madhya Bharat Agro Products -III in Dhule, Maharashtra. The auction was conducted as a single…
Author: PPD Team Date: October 28, 2024 Energy Development Corporation (EDC) has committed USD434 million to expand the Southern Negros Geothermal Project (SNGP). The investment will support new well drilling, pad expansion, road and pipeline network upgrades, and the integration of emerging technologies. Currently, the SNGP operates at a dependable capacity of 221.8 MW across multiple geothermal plants, with this expansion set to strengthen infrastructure and increase output.
Author: PPD Team Date: November 13, 2025 Sembcorp Industries, through its subsidiary Sembcorp Green Infra Private Limited, has been awarded a 150 MW Firm and Dispatchable Renewable Energy (FDRE) project by SJVN Limited. The project follows a build-own-operate framework and forms part of SJVN’s 6,000 MWh (1,500 MW x 4 hours) tender designed to supply reliable peak power through renewable energy integrated with energy storage systems connected to the Inter-State Transmission System (ISTS). To meet…
Author: PPD Team Date: October 18, 2024 PFC Consulting has invited bids to establish transmission systems for evacuating 6 GW of power to support green hydrogen and ammonia manufacturing projects in Kandla and Mundra, Gujarat. The projects will be executed on a build, own, operate, and transfer (BOOT) basis, encompassing surveys, detailed project reports, financing, project management, permit acquisition, land compensation, design, engineering, procurement, construction, testing, and commissioning. For the Kandla Transmission Project (Phase 1),…
Author: PPD Team Date: March 26, 2026 The board of NHPC Ltd has approved a plan to raise up to Rs 8,000 crore during the financial year 2026-27 (FY27). The funds will be mobilised through secured or unsecured non-convertible corporate bonds via private placement, along with term loans or external commercial borrowings, according to a regulatory filing. The decision was taken at the board meeting held on March 25, 2026. The company stated that the…
Author: PPD Team Date: August 5, 2025 Suzlon Energy Limited has received a 381 MW wind energy order from Zelestra India for its first Firm and Dispatchable Renewable Energy (FDRE) project. The contract involves the installation of 127 wind turbine generators (WTGs) of the S144 model, each with a 3 MW capacity. The project will span three states. Maharashtra and Madhya Pradesh will host 180 MW each as part of Zelestra’s FDRE bid, while 21…