Author: PPD Team Date: November 8, 2024
Inox Wind Limited has announced a net profit of Rs 902.2 million for the quarter ending September 2024, contrasting with a loss of Rs 292.3 million in the same quarter last year.
Total income rose significantly, increasing by 93 percent to Rs 7,417.4 million, compared to Rs 3,844 million in the same period the previous year.
Author: PPD Team Date: July 24, 2025 The Karnataka Electricity Regulatory Commission (KERC) has notified three major regulatory updates to strengthen grid operations, improve compliance, and support the state’s renewable energy transition. The revised Karnataka Electricity Grid Code (KEGC), 2025, Karnataka Electricity Distribution Code (KEDC), 2025, and Intra-State Deviation Settlement Mechanism Regulations, 2025 were issued in mid-July 2025 and replace earlier frameworks from 2015 and 2006. The updated KEGC, notified on 17 July 2025,…
Author: PPD Team Date: October 16, 2024 Google has signed a master plant development agreement with Kairos Power to generate clean energy for its AI data centres using small modular nuclear reactors (SMRs). The agreement outlines a plan to deploy 500MW of advanced nuclear power projects across the US by 2035. Kairos Power will oversee the development, construction, and operation of a series of advanced reactor plants, providing Google with energy, ancillary services, and environmental…
Author: PPD Team Date: December 9, 2024 The Karnataka Electricity Regulatory Commission (KERC) has simplified rooftop solar installation rules for consumers with sanctioned loads of up to 10 kW. The new guidelines allow a 10 per cent capacity tolerance for direct current (DC) systems, ensuring that the alternating current (AC) capacity of the inverter does not exceed the sanctioned load. Consumers with lower sanctioned loads can now install systems up to 10 kW, with automatic…
Author: PPD Team Date: November 27, 2024 APM Terminals Pipavav has entered a 25-year power purchase agreement (PPA) with Brookfield-backed CleanMax to source renewable energy from a hybrid wind-solar project in Gujarat. The hybrid project includes 3.50 MW of wind and 1.06 MWp of solar capacity under a third-party open-access model, developed in two phases. Phase one, launched in January 2022, delivered 2 MW of wind and 0.50 MWp of solar capacity. Phase two, commissioned…
Author: PPD Team Date: April 22, 2025 Evren, a joint venture (JV) between Brookfield Renewable India and Axis Energy Ventures India Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with NTPC Limited for the 300 MW FDRE ISTS-Connected Renewable Energy Project (Tranche-II) in India. The project, which was awarded to ABC Cleantech Private Limited (ACPL), an Evren Group company, follows a successful bid in March 2024. ACPL won the 300 MW Firm and…
Author: PPD Team Date: October 22, 2025 The past year witnessed several leadership transitions across the power sector, both at the ministerial level and within major companies. New ministers have taken charge at the central and state levels, while several public and private sector organisations have also announced senior management appointments. Among public sector undertakings, leadership changes were seen in the Ministry of New and Renewable Energy, NTPC, Solar Energy Corporation of India (SECI), and…