Author: PPD Team Date: 19/12/2024
Kalpataru Projects International Limited (KPIL) has successfully raised Rs 10 billion through a qualified institutional placement (QIP).
The proceeds will be used to strengthen the company’s balance sheet, improve financial flexibility, and support its growth initiatives.
Author: PPD Team Date: 18/11/2024 REC Power Development and Consultancy Limited (REC-PDCL), a wholly owned subsidiary of REC Limited, has invited bids for the selection of a Transmission Service Provider (TSP) to develop intra-state transmission system for evacuation of 1230 MW power (MPPMCL portion) through STU network from proposed 2X800 MW Thermal Power Project of M/S Mahan Energen Ltd. (MEL). The project will be executed through a tariff-based competitive bidding (TBCB) process. The transmission scheme…
Author: PPD Team Date: 30/10/2024 Apar Industries recorded a 25% year-on-year increase in transformer oil volume in Q2FY25, driven by robust global demand. For the first half (H1) of FY25, transformer oil volume rose by 22.7%. Performance across other segments: ConductorsVolume growth remained flat in Q2FY25, primarily due to reduced exports amid increased competition from China and slow overseas demand. The export mix dropped to 18.7% from 48.3% in Q2FY24. Despite these challenges, premium products…
Author: PPD Team Date: 04/11/2024 Union Home Minister Amit Shah inaugurated Gujarat’s largest waste-to-energy plant in Ahmedabad on the eve of the Gujarati New Year. The PPP-based plant, developed at Piplaj in partnership with Jindal Urban Waste Management Limited, will process 1,000 metric tons of waste daily, generating 15 megawatts of electricity per hour. Built at a cost of approximately Rs 3.75 billion, the plant uses RDF-based Martin Reverse Grate Firing Technology, where municipal solid…
Author: PPD Team Date: 27/11/2024 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 in September…
Author: PPD Team Date: 05/02/2025 Art-PV, incubated at IIT Bombay, has received a USD 10 million grant from the Ministry of New and Renewable Energy (MNRE) to establish a manufacturing plant for high-efficiency tandem solar cells. The company’s innovative tandem cell achieves 29.8 per cent sunlight-to-electricity conversion, surpassing the 23 per cent efficiency of conventional solar cells. This technology combines silicon with cadmium telluride (CdTe) and a perovskite-structured material to absorb a broader light spectrum,…
Author: PPD Team Date: 25/02/2025 Adani Green Energy Twenty Four Limited (AGE24L), a subsidiary of Adani Green Energy Limited (AGEL), commissioned 250 MW of solar capacity on February 21, 2025. The project is part of the 8,000 MW Inter-State Transmission System (ISTS)-connected solar power initiative linked to a manufacturing plant at Bhimsar and Dwada in Jaisalmer, Rajasthan. AGEL secured the 8,000 MW capacity bid in January 2020, following SECI’s (Solar Energy Corporation of India) tender…
Author: PPD Team Date: 18/11/2024 REC Power Development and Consultancy Limited (REC-PDCL), a wholly owned subsidiary of REC Limited, has invited bids for the selection of a Transmission Service Provider (TSP) to develop intra-state transmission system for evacuation of 1230 MW power (MPPMCL portion) through STU network from proposed 2X800 MW Thermal Power Project of M/S Mahan Energen Ltd. (MEL). The project will be executed through a tariff-based competitive bidding (TBCB) process. The transmission scheme…
Author: PPD Team Date: 30/10/2024 Apar Industries recorded a 25% year-on-year increase in transformer oil volume in Q2FY25, driven by robust global demand. For the first half (H1) of FY25, transformer oil volume rose by 22.7%. Performance across other segments: ConductorsVolume growth remained flat in Q2FY25, primarily due to reduced exports amid increased competition from China and slow overseas demand. The export mix dropped to 18.7% from 48.3% in Q2FY24. Despite these challenges, premium products…
Author: PPD Team Date: 04/11/2024 Union Home Minister Amit Shah inaugurated Gujarat’s largest waste-to-energy plant in Ahmedabad on the eve of the Gujarati New Year. The PPP-based plant, developed at Piplaj in partnership with Jindal Urban Waste Management Limited, will process 1,000 metric tons of waste daily, generating 15 megawatts of electricity per hour. Built at a cost of approximately Rs 3.75 billion, the plant uses RDF-based Martin Reverse Grate Firing Technology, where municipal solid…
Author: PPD Team Date: 27/11/2024 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 in September…
Author: PPD Team Date: 05/02/2025 Art-PV, incubated at IIT Bombay, has received a USD 10 million grant from the Ministry of New and Renewable Energy (MNRE) to establish a manufacturing plant for high-efficiency tandem solar cells. The company’s innovative tandem cell achieves 29.8 per cent sunlight-to-electricity conversion, surpassing the 23 per cent efficiency of conventional solar cells. This technology combines silicon with cadmium telluride (CdTe) and a perovskite-structured material to absorb a broader light spectrum,…
Author: PPD Team Date: 25/02/2025 Adani Green Energy Twenty Four Limited (AGE24L), a subsidiary of Adani Green Energy Limited (AGEL), commissioned 250 MW of solar capacity on February 21, 2025. The project is part of the 8,000 MW Inter-State Transmission System (ISTS)-connected solar power initiative linked to a manufacturing plant at Bhimsar and Dwada in Jaisalmer, Rajasthan. AGEL secured the 8,000 MW capacity bid in January 2020, following SECI’s (Solar Energy Corporation of India) tender…
Author: PPD Team Date: 18/11/2024 REC Power Development and Consultancy Limited (REC-PDCL), a wholly owned subsidiary of REC Limited, has invited bids for the selection of a Transmission Service Provider (TSP) to develop intra-state transmission system for evacuation of 1230 MW power (MPPMCL portion) through STU network from proposed 2X800 MW Thermal Power Project of M/S Mahan Energen Ltd. (MEL). The project will be executed through a tariff-based competitive bidding (TBCB) process. The transmission scheme…
Author: PPD Team Date: 30/10/2024 Apar Industries recorded a 25% year-on-year increase in transformer oil volume in Q2FY25, driven by robust global demand. For the first half (H1) of FY25, transformer oil volume rose by 22.7%. Performance across other segments: ConductorsVolume growth remained flat in Q2FY25, primarily due to reduced exports amid increased competition from China and slow overseas demand. The export mix dropped to 18.7% from 48.3% in Q2FY24. Despite these challenges, premium products…