Author: PPD Team Date: 17/01/2025
JSW Energy Limited, through its wholly owned subsidiary, has commenced operations of Unit-2 (350 MW) at the Utkal thermal power plant in Odisha.
Both units, with a combined capacity of 700 MW, were restored and made fully operational within two years of acquisition.
The plant operates on domestic coal but does not currently have long-term power purchase agreements.
Author: PPD Team Date: 17/01/2025 China is significantly increasing its grid investment to ensure efficient delivery of renewable energy to homes and businesses. According to the National Energy Administration, power transmission spending rose 19% to 529 billion yuan ($72 billion) in the first 11 months of 2023, marking a shift towards grid infrastructure, as reported by Bloomberg. Investment in new power capacity was larger at 866.5 billion yuan, showing a 12% increase. This marks the…
Author: PPD Team Date: 18/10/2024 Havells India reported a revenue increase of 22.8% year-on-year in its cables business for Q2 FY25 (July to September). Revenue reached Rs 18.05 billion, up from Rs 14.70 billion in Q2 FY24. Anil Rai Gupta, Chairman & Managing Director of Havells India, highlighted the growth across categories, driven by improving consumer demand and the festive season. However, he noted that margins were impacted due to commodity price volatility. Gupta expressed…
Author: PPD Team Date: 21/09/2024 ArcelorMittal Nippon Steel (AM/NS) India has launched a value-added steel line, Magnelis, with an investment of nearly Rs 10 billion at its Hazira plant in Gujarat. The production line, with a capacity of 500,000 tonnes per annum, is aimed at solar panel manufacturers. The company is in talks with major customers like Adani Green Energy, Reliance Industries, Sterling & Wilson, and NTPC. AM/NS is also planning a new steel line…
Author: PPD Team Date: 19/12/2024 NLC India Limited has issued an Expression of Interest (EoI) for the engineering, procurement, and construction (EPC) package for the 3×125 MW Gurha Thermal Power Project. The EoI was announced on December 16, 2024, with a bid submission deadline of January 30, 2025. The project will be executed by a joint venture of NLC India and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) at Chak Madhogarh village in Bikaner district,…
Author: PPD Team Date: 21/10/2024 Switzerland-based Iskraemeco Group, after selling its smart meter manufacturing unit in India to Kaynes Technology India Ltd, has announced plans to set up a new software development centre in India. The centre will focus on electricity metering and data processing, reinforcing Iskraemeco’s ongoing presence in the country. The sale of Iskraemeco India aligns with the group’s strategy to emphasize digital energy and water management solutions using platforms like Symbiot Head-End…
Author: PPD Team Date: 21/11/2024 Mammoet has secured a contract with Buss Ports to handle the marshalling of wind turbine generator foundations for two of Europe’s largest offshore wind farms: RWE’s Nordseecluster A in Germany and Thor in Denmark. The Nordseecluster, situated in the eastern German North Sea, will have a total capacity of 1.6 GW, enough to power 1.6 million homes. Construction for Nordseecluster A (NC 1 and NC 2) is set to begin…
Author: PPD Team Date: 17/01/2025 China is significantly increasing its grid investment to ensure efficient delivery of renewable energy to homes and businesses. According to the National Energy Administration, power transmission spending rose 19% to 529 billion yuan ($72 billion) in the first 11 months of 2023, marking a shift towards grid infrastructure, as reported by Bloomberg. Investment in new power capacity was larger at 866.5 billion yuan, showing a 12% increase. This marks the…
Author: PPD Team Date: 18/10/2024 Havells India reported a revenue increase of 22.8% year-on-year in its cables business for Q2 FY25 (July to September). Revenue reached Rs 18.05 billion, up from Rs 14.70 billion in Q2 FY24. Anil Rai Gupta, Chairman & Managing Director of Havells India, highlighted the growth across categories, driven by improving consumer demand and the festive season. However, he noted that margins were impacted due to commodity price volatility. Gupta expressed…
Author: PPD Team Date: 21/09/2024 ArcelorMittal Nippon Steel (AM/NS) India has launched a value-added steel line, Magnelis, with an investment of nearly Rs 10 billion at its Hazira plant in Gujarat. The production line, with a capacity of 500,000 tonnes per annum, is aimed at solar panel manufacturers. The company is in talks with major customers like Adani Green Energy, Reliance Industries, Sterling & Wilson, and NTPC. AM/NS is also planning a new steel line…
Author: PPD Team Date: 19/12/2024 NLC India Limited has issued an Expression of Interest (EoI) for the engineering, procurement, and construction (EPC) package for the 3×125 MW Gurha Thermal Power Project. The EoI was announced on December 16, 2024, with a bid submission deadline of January 30, 2025. The project will be executed by a joint venture of NLC India and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) at Chak Madhogarh village in Bikaner district,…
Author: PPD Team Date: 21/10/2024 Switzerland-based Iskraemeco Group, after selling its smart meter manufacturing unit in India to Kaynes Technology India Ltd, has announced plans to set up a new software development centre in India. The centre will focus on electricity metering and data processing, reinforcing Iskraemeco’s ongoing presence in the country. The sale of Iskraemeco India aligns with the group’s strategy to emphasize digital energy and water management solutions using platforms like Symbiot Head-End…
Author: PPD Team Date: 21/11/2024 Mammoet has secured a contract with Buss Ports to handle the marshalling of wind turbine generator foundations for two of Europe’s largest offshore wind farms: RWE’s Nordseecluster A in Germany and Thor in Denmark. The Nordseecluster, situated in the eastern German North Sea, will have a total capacity of 1.6 GW, enough to power 1.6 million homes. Construction for Nordseecluster A (NC 1 and NC 2) is set to begin…
Author: PPD Team Date: 17/01/2025 China is significantly increasing its grid investment to ensure efficient delivery of renewable energy to homes and businesses. According to the National Energy Administration, power transmission spending rose 19% to 529 billion yuan ($72 billion) in the first 11 months of 2023, marking a shift towards grid infrastructure, as reported by Bloomberg. Investment in new power capacity was larger at 866.5 billion yuan, showing a 12% increase. This marks the…
Author: PPD Team Date: 18/10/2024 Havells India reported a revenue increase of 22.8% year-on-year in its cables business for Q2 FY25 (July to September). Revenue reached Rs 18.05 billion, up from Rs 14.70 billion in Q2 FY24. Anil Rai Gupta, Chairman & Managing Director of Havells India, highlighted the growth across categories, driven by improving consumer demand and the festive season. However, he noted that margins were impacted due to commodity price volatility. Gupta expressed…