Author: PPD Team Date: 09/12/2024
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HAREDA awards contracts for 17,458 solar pumps under PM KUSUM
Author: PPD Team Date: 12/11/2024 The Haryana Renewable Energy Development Agency (HAREDA) has awarded contracts for the supply, installation, and commissioning of 17,458 solar water pumping systems under Component B of the PM KUSUM programme. Leading recipients include Shakti Pumps with 3,174 units, AVI Appliances with 2,811, and Oswal Pumps with 2,539. Other notable companies, such as Ethos Power, Rotomag Motors, Ecozen Solutions, and Alpex Solar, received contracts for over 1,000 pumps each. An additional…
Waaree Renewable wins LoA for 40 MWh BESS project in Gujarat
Author: PPD Team Date: 14/02/2025 Waaree Renewable Technologies Limited has received a Letter of Award (LoA) from Continuum Green Energy Limited for the engineering, procurement, and construction (EPC) of a 40 MWh battery energy storage system (BESS) at wind-solar hybrid sites in Gujarat. The total cost of the project is estimated at Rs 400 million. The project will utilize lithium iron phosphate (LFP) based liquid-cooled containerized BESS technology. It will be executed under a Lump…
MSPGCL commissions 660 MW Unit VI at Bhusawal power plant
Author: PPD Team Date: 11/03/2025 Maharashtra State Power Generation Company Limited (MSPGCL) has operationalized the 660 MW Unit VI at the Bhusawal Thermal Power Plant in Jalgaon district. The expansion project was developed at an investment of Rs 63.5 billion. The new unit replaces the 62.5 MW Unit I, which was retired in December 2010. The engineering, procurement, and construction (EPC) contract for Unit VI was awarded to Bharat Heavy Electricals Limited (BHEL). Unit VI…
SWERL reports Rs 0.17 billion net profit in Q3 FY25
Author: PPD Team Date: 20/01/2025 Sterling and Wilson Renewable Energy Limited (SWERL) posted a net profit of Rs 0.17 billion for the quarter ending December 2024, recovering from a net loss of Rs 0.62 billion in the same quarter last year. The company’s total income surged by 202.13% to Rs 18.43 billion during the quarter, compared to Rs 6.10 billion in the corresponding period of 2023.
INOX India bags contract for UK’s first liquid air energy storage facility
Author: PPD Team Date: 11/11/2024 INOX India Ltd (INOXCVA) has secured a major contract with Highview Power for its Liquid Air Energy Storage (LAES) project in Carrington, Manchester. As part of the deal, INOXCVA will deliver five high-pressure, 690kl vacuum-insulated cryogenic tanks, the largest of their kind ever fabricated by the company. This contract strengthens INOXCVA’s foothold in the global cryogenic equipment market and aligns with the growing demand in the energy storage sector. Siddharth…
Shree Cements to invest Rs 3,000 million in solar power project in Bihar
Author: PPD Team Date: 26/12/2024 Shree Cements Limited is planning to establish a solar power project in Purnia, Bihar. The company will invest around Rs 3,000 million for the project’s development.
HAREDA awards contracts for 17,458 solar pumps under PM KUSUM
Author: PPD Team Date: 12/11/2024 The Haryana Renewable Energy Development Agency (HAREDA) has awarded contracts for the supply, installation, and commissioning of 17,458 solar water pumping systems under Component B of the PM KUSUM programme. Leading recipients include Shakti Pumps with 3,174 units, AVI Appliances with 2,811, and Oswal Pumps with 2,539. Other notable companies, such as Ethos Power, Rotomag Motors, Ecozen Solutions, and Alpex Solar, received contracts for over 1,000 pumps each. An additional…
Waaree Renewable wins LoA for 40 MWh BESS project in Gujarat
Author: PPD Team Date: 14/02/2025 Waaree Renewable Technologies Limited has received a Letter of Award (LoA) from Continuum Green Energy Limited for the engineering, procurement, and construction (EPC) of a 40 MWh battery energy storage system (BESS) at wind-solar hybrid sites in Gujarat. The total cost of the project is estimated at Rs 400 million. The project will utilize lithium iron phosphate (LFP) based liquid-cooled containerized BESS technology. It will be executed under a Lump…
MSPGCL commissions 660 MW Unit VI at Bhusawal power plant
Author: PPD Team Date: 11/03/2025 Maharashtra State Power Generation Company Limited (MSPGCL) has operationalized the 660 MW Unit VI at the Bhusawal Thermal Power Plant in Jalgaon district. The expansion project was developed at an investment of Rs 63.5 billion. The new unit replaces the 62.5 MW Unit I, which was retired in December 2010. The engineering, procurement, and construction (EPC) contract for Unit VI was awarded to Bharat Heavy Electricals Limited (BHEL). Unit VI…
SWERL reports Rs 0.17 billion net profit in Q3 FY25
Author: PPD Team Date: 20/01/2025 Sterling and Wilson Renewable Energy Limited (SWERL) posted a net profit of Rs 0.17 billion for the quarter ending December 2024, recovering from a net loss of Rs 0.62 billion in the same quarter last year. The company’s total income surged by 202.13% to Rs 18.43 billion during the quarter, compared to Rs 6.10 billion in the corresponding period of 2023.
INOX India bags contract for UK’s first liquid air energy storage facility
Author: PPD Team Date: 11/11/2024 INOX India Ltd (INOXCVA) has secured a major contract with Highview Power for its Liquid Air Energy Storage (LAES) project in Carrington, Manchester. As part of the deal, INOXCVA will deliver five high-pressure, 690kl vacuum-insulated cryogenic tanks, the largest of their kind ever fabricated by the company. This contract strengthens INOXCVA’s foothold in the global cryogenic equipment market and aligns with the growing demand in the energy storage sector. Siddharth…
Shree Cements to invest Rs 3,000 million in solar power project in Bihar
Author: PPD Team Date: 26/12/2024 Shree Cements Limited is planning to establish a solar power project in Purnia, Bihar. The company will invest around Rs 3,000 million for the project’s development.
HAREDA awards contracts for 17,458 solar pumps under PM KUSUM
Author: PPD Team Date: 12/11/2024 The Haryana Renewable Energy Development Agency (HAREDA) has awarded contracts for the supply, installation, and commissioning of 17,458 solar water pumping systems under Component B of the PM KUSUM programme. Leading recipients include Shakti Pumps with 3,174 units, AVI Appliances with 2,811, and Oswal Pumps with 2,539. Other notable companies, such as Ethos Power, Rotomag Motors, Ecozen Solutions, and Alpex Solar, received contracts for over 1,000 pumps each. An additional…
Waaree Renewable wins LoA for 40 MWh BESS project in Gujarat
Author: PPD Team Date: 14/02/2025 Waaree Renewable Technologies Limited has received a Letter of Award (LoA) from Continuum Green Energy Limited for the engineering, procurement, and construction (EPC) of a 40 MWh battery energy storage system (BESS) at wind-solar hybrid sites in Gujarat. The total cost of the project is estimated at Rs 400 million. The project will utilize lithium iron phosphate (LFP) based liquid-cooled containerized BESS technology. It will be executed under a Lump…