Author: PPD Team Date: 20/01/2025
Indian Renewable Energy Development Agency Limited (IREDA) posted a net profit of Rs 4.25 billion for the quarter ending December 2024, a 26.48% rise compared to Rs 3.36 billion in the same quarter last year.
The company’s revenue from operations increased by 35.59% to Rs 16.99 billion during the quarter, up from Rs 12.53 billion reported in the corresponding period of 2023.
Author: PPD Team Date: 26/05/2025 Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) has re-invited bids for setting up a new 1,100 MW lignite-based thermal power plant in Barmer and reviving the 2×125 MW Giral Lignite Thermal Power Plant (GLTPP). The bids were released on May 22, 2025. The last date for submission is July 9, 2025. This follows an earlier bid call in December 2024. The project is to be developed under the design, build,…
Author: PPD Team Date: 13/11/2024 NHPC Limited has reported a net profit of Rs 10.69 billion for the quarter ending September 2024, marking a 36.86% decline from Rs 16.93 billion in the same quarter the previous year. However, the company’s total income rose by 9.25% to Rs 34.02 billion during this quarter, compared to Rs 31.14 billion in the corresponding period last year.
Author: PPD Team Date: 21/01/2025 Bolt.Earth has raised $5 million in a Series A+ funding round, led by Version One Ventures with participation from existing investors USV and Prime Venture Partners. The company plans to use the funds to scale its operations in India and develop fast charging stations for two-, three-, and four-wheelers. The company will deploy end-to-end EV charging solutions, including hardware, software, and maintenance, targeting apartment complexes, builders, enterprises, and fleets. Bolt.Earth…
Author: PPD Team Date: 20/01/2025 Vikram Solar has received a 1,000 MW order to supply solar photovoltaic modules for renewable energy projects in Karnataka, Gujarat, and Rajasthan under JSW Neo Energy Limited’s renewable energy initiative. The order includes Hypersol N-Type TOPCon Glass-to-Glass Modules with power outputs of 580 Wp or higher, designed for high efficiency and large-scale solar installations. Manufacturing will take place at Vikram Solar’s facilities in Falta, West Bengal, and Oragadam, Chennai, following…
Author: PPD Team Date: 24/10/2024 Ocean Winds (OW) and Eletrobras have signed a memorandum of understanding (MoU) in São Paulo to collaborate on offshore wind energy projects in Brazil, aligning with the country’s renewable energy targets and economic development goals. This partnership aims to harness Brazil’s wind resources to create a sustainable energy future while promoting local job creation and community development. OW, a 50/50 joint venture between EDP Renewables (EDPR) and Engie, has identified…
Author: PPD Team Date: 25/04/2025 Four developers have won contracts to set up a total of 250 MW grid-connected wind power projects across India under Phase IX of Gujarat Urja Vikas Nigam Limited (GUVNL). The bidding was finalised on April 23, 2025. KPI Green Energy Limited secured 100 MW at a tariff of Rs 3.64 per kWh. Juniper Green Energy Private Limited won 50 MW at Rs 3.65 per kWh. JGRJ Four Renewable Private Limited…
Author: PPD Team Date: 26/05/2025 Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) has re-invited bids for setting up a new 1,100 MW lignite-based thermal power plant in Barmer and reviving the 2×125 MW Giral Lignite Thermal Power Plant (GLTPP). The bids were released on May 22, 2025. The last date for submission is July 9, 2025. This follows an earlier bid call in December 2024. The project is to be developed under the design, build,…
Author: PPD Team Date: 13/11/2024 NHPC Limited has reported a net profit of Rs 10.69 billion for the quarter ending September 2024, marking a 36.86% decline from Rs 16.93 billion in the same quarter the previous year. However, the company’s total income rose by 9.25% to Rs 34.02 billion during this quarter, compared to Rs 31.14 billion in the corresponding period last year.
Author: PPD Team Date: 21/01/2025 Bolt.Earth has raised $5 million in a Series A+ funding round, led by Version One Ventures with participation from existing investors USV and Prime Venture Partners. The company plans to use the funds to scale its operations in India and develop fast charging stations for two-, three-, and four-wheelers. The company will deploy end-to-end EV charging solutions, including hardware, software, and maintenance, targeting apartment complexes, builders, enterprises, and fleets. Bolt.Earth…
Author: PPD Team Date: 20/01/2025 Vikram Solar has received a 1,000 MW order to supply solar photovoltaic modules for renewable energy projects in Karnataka, Gujarat, and Rajasthan under JSW Neo Energy Limited’s renewable energy initiative. The order includes Hypersol N-Type TOPCon Glass-to-Glass Modules with power outputs of 580 Wp or higher, designed for high efficiency and large-scale solar installations. Manufacturing will take place at Vikram Solar’s facilities in Falta, West Bengal, and Oragadam, Chennai, following…
Author: PPD Team Date: 24/10/2024 Ocean Winds (OW) and Eletrobras have signed a memorandum of understanding (MoU) in São Paulo to collaborate on offshore wind energy projects in Brazil, aligning with the country’s renewable energy targets and economic development goals. This partnership aims to harness Brazil’s wind resources to create a sustainable energy future while promoting local job creation and community development. OW, a 50/50 joint venture between EDP Renewables (EDPR) and Engie, has identified…
Author: PPD Team Date: 25/04/2025 Four developers have won contracts to set up a total of 250 MW grid-connected wind power projects across India under Phase IX of Gujarat Urja Vikas Nigam Limited (GUVNL). The bidding was finalised on April 23, 2025. KPI Green Energy Limited secured 100 MW at a tariff of Rs 3.64 per kWh. Juniper Green Energy Private Limited won 50 MW at Rs 3.65 per kWh. JGRJ Four Renewable Private Limited…
Author: PPD Team Date: 26/05/2025 Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) has re-invited bids for setting up a new 1,100 MW lignite-based thermal power plant in Barmer and reviving the 2×125 MW Giral Lignite Thermal Power Plant (GLTPP). The bids were released on May 22, 2025. The last date for submission is July 9, 2025. This follows an earlier bid call in December 2024. The project is to be developed under the design, build,…
Author: PPD Team Date: 13/11/2024 NHPC Limited has reported a net profit of Rs 10.69 billion for the quarter ending September 2024, marking a 36.86% decline from Rs 16.93 billion in the same quarter the previous year. However, the company’s total income rose by 9.25% to Rs 34.02 billion during this quarter, compared to Rs 31.14 billion in the corresponding period last year.