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EESL partners with DVC to drive energy efficiency
Energy Efficiency Services Limited (EESL) has signed a memorandum of understanding (MoU) with Damodar Valley Corporation (DVC) to enhance energy efficiency and clean energy adoption. The collaboration aims to implement energy efficiency programs such as the street lights national programme, energy-efficient building solutions, and decentralised solar initiatives, including rooftop solar installations, solar carports, and hybrid…
UP shifts smart meters from prepaid to postpaid mode
The Uttar Pradesh government has discontinued the prepaid mode of smart electricity meters and directed that all such devices operate in postpaid mode, following consumer complaints over technical issues. The move affects around 8.3 million prepaid smart meters out of 8.65 million smart meter users in the state, largely residential consumers with 1 kW and…
Desert Quartzite solar+storage project achieves operational status
EDF Renewables North America (EDFR) and Power Sustainable Energy Infrastructure (PSEI) have announced the operational status of their Desert Quartzite solar+storage project in Riverside County, California. The project has a solar capacity of 375 MWdc/300 MWac and an energy storage capacity of 150 MWac/4 hours, delivering power to the Clean Power Alliance under a 20-year…
KP Green Engineering secures Rs 1.66 billion in orders across sectors
KP Green Engineering has received orders worth Rs 1.66 billion from multiple clients, reflecting its expanding market presence and diversified portfolio. The company has secured solar project contracts worth Rs 1 billion to supply fixed tilt module mounting structures, tracker-type mounting structures, and structural components. It has also won a Rs 391 million order for…
Coal India reports 22% decline in Q2 net profit
Coal India Limited (CIL) has reported a net profit of Rs 62.75 billion for the quarter ending September 2024, marking a 22.04% decrease from Rs 80.49 billion in the same quarter last year. The company’s total income for the quarter stood at Rs 321.78 billion, down approximately 7.43% from Rs 347.60 billion in the corresponding…
ReNew reports Rs 21.2 billion revenue in Q3 FY 2024-25, net loss widens
ReNew has announced its financial results for the third quarter of FY 2024-25, ending December 31, 2024. The company recorded a revenue of Rs 21.2 billion, marking a 10 per cent year-on-year (YoY) increase from Rs 19.3 billion in Q3 FY 2023-24. Revenue from power sales stood at Rs 14.9 billion, slightly lower than Rs…
