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: January 12, 2026 The Solar Energy Corporation of India (SECI) has finalized the award of its 1,200 MW solar tender integrated with a 600 MW / 3,600 MWh battery energy storage system (BESS). The projects will be developed under 25 year power purchase agreements (PPAs) to supply dispatchable renewable power. Four companies have emerged as successful bidders. NLC India Limited (NLC India) secured the largest allocation of 600 MW. Oriana Power…
Author: PPD Team Date: March 30, 2026 NTPC Limited has awarded Battery Energy Storage System (BESS) engineering, procurement and construction (EPC) contracts to three listed companies across five thermal power stations, with a combined value exceeding Rs 1,391 crore (excluding taxes). All three awards are dated March 28, 2026, and were disclosed to stock exchanges on March 29, 2026. Project allocations and contract details Enviro Infra Engineers Limited (EIEL) secured a Letter of Award valued…
Author: PPD Team Date: December 26, 2024 A government panel of experts has largely supported Japan’s new energy policy, which aims to meet growing power demands by expanding renewables to 40-50% of electricity needs and increasing nuclear power’s share to 20% by 2040. The proposal, which is set for Cabinet approval by March, calls for reversing the phaseout of nuclear energy adopted after the 2011 Fukushima disaster. The plan also targets reducing coal-fired power to…
Author: PPD Team Date: March 13, 2025 GHV Infra Projects Limited, a wholly-owned subsidiary of GHV Private Limited, has won an engineering, procurement, and construction (EPC) contract from GHV Private Limited for setting up a 100 MW Inter-State Transmission System (ISTS)-Connected Solar Power Project in Gujarat. The scope of work includes setting up the 100 MW ISTS-Connected Solar Power Project along with three years of comprehensive Operation and Maintenance (O&M) in Gujarat. The work is…
Author: PPD Team Date: March 31, 2026 Indian Renewable Energy Development Agency Limited (IREDA) signed a facility agreement on Monday with Sumitomo Mitsui Banking Corporation (SMBC) Singapore Branch for an external commercial borrowing (ECB) of JPY 28 billion, including a green shoe option of JPY 12 billion, making the base facility JPY 16 billion. The borrowing is structured as a five-year unsecured loan, with SMBC Singapore Branch acting as mandated lead arranger and bookrunner. The…
Author: PPD Team Date: November 20, 2024 HydrogenPro and J.H.K. have formed an exclusive partnership to drive green hydrogen projects in Germany, Austria, and the Benelux region. Under this agreement, HydrogenPro will supply advanced high-pressure alkaline electrolyser technology, while J.H.K. will act as the plant integrator and EPC contractor, managing project implementation and delivery. The partnership targets green hydrogen projects ranging from 5 to 50 MW, combining HydrogenPro’s expertise in electrolysis with J.H.K.’s experience in…