NTPC‘s R&D division, NETRA, in collaboration with the Indian Institute of Petroleum (IIP) Dehradun, has developed an indigenous catalyst for converting CO2 into methanol. This catalyst, crucial for chemical synthesis, facilitates CO2...
Kangra Deputy Commissioner Hemraj Bairwa announced the creation of a model solar village as part of the Pradhan Mantri Surya Ghar Free Electricity Scheme. This village will act as a prototype for sustainable energy solutions, reflecting Kangra’s...
Greenzo Energy has introduced the “Un Wheel,” a 100% indigenous 1 MW alkaline electrolyzer stack designed for green hydrogen production. Built by Indian scientists and engineers, the stack is tailored to operate effectively across diverse Indian...
Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) have won Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to develop 200 MW of grid-connected wind power projects in India under Phase VIII. Originally launched in July 2024...
MEIL Solar Energy, a subsidiary of Megha Engineering & Infrastructures Limited (MEIL), has signed power purchase agreements (PPAs) with Bangalore Electricity Supply Company (BESCOM) to supply solar power from 76 projects with a cumulative...
Tata Power Company Limited (TPCL) has signed a share purchase agreement to acquire a 40% equity stake in Khorlochhu Hydro Power Limited (KHPL) for the development of a 600 MW hydropower project in Bhutan, valued at Rs 69 billion. TPCL will invest...
NLC India Limited has posted a net profit of Rs 9.82 billion for the quarter ending September 2024, marking a 9.58% decrease from the Rs 10.86 billion reported in the same period last year. However, the company’s total income rose by...
Power Grid Corporation of India Limited (PGCIL) has been awarded the inter-state transmission system (ISTS) project to evacuate power from the renewable energy zone in the Khavda area of Gujarat under Phase-V (8 GW), Part A. The project will be...
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...
Hitachi Energy India Ltd reported a record-high order backlog of Rs 89.1 billion as of September 30, 2024, marking unprecedented revenue visibility for upcoming quarters. Orders for the quarter ending September 30 totalled Rs 19.52 billion...
Saboo Sodium Chloro (SSCL) has announced the expansion of its captive solar power plant at the Nawa refinery in Sambhar Lake, Rajasthan. With an additional 150 kW, the facility’s total solar capacity now reaches 650 kW. EKAM Green Ventures has...
Tata Power Renewable Energy (TPREL) has partnered with IndusInd Bank to provide collateral-free solar financing options for micro and small enterprises (MSEs), offering loans ranging from Rs 1 million to Rs 20 million. This partnership aims to...
NTPC has announced the commercial operations of a 32.9 MW solar plant in Bikaner, Rajasthan. This is the third phase of the 300 MW Shambu ki Burj-2 (Kolayat) Solar PV Project, with operations commencing on October 31, 2024. With this addition, NTPC...
Aurionpro Solutions has won a major Rs 1.5 billion contract for a Tier-III edge data centre in the National Capital Region (NCR), awarded by a leading data centre colocation provider in India. The contract encompasses full-scale design and turnkey...
Adani Power Ltd reported a nearly 50% year-on-year drop in net profit for Q2 FY25, with earnings at Rs 33.17 billion, down from Rs 66.16 billion in the same quarter last year. However, revenue from operations rose by 2.68% to Rs 133.39 billion, up...
NTPC Green Energy, a subsidiary of NTPC Ltd, has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its Rs 100 billion initial public offering (IPO). As India’s largest public sector renewable energy...
Sany Wind Energy India has signed agreements to supply wind turbines with a total capacity exceeding 1.3 GW to three subsidiaries of the JSW Group. Additionally, a 300 MW deal has been finalized with Sembcorp’s India branch, a subsidiary of...
Bharat Heavy Electricals Ltd (BHEL) reported a 23% increase in order inflows in the first half of FY25, reaching Rs 41.09 billion, up from Rs 33.48 billion in H1FY24. The power sector led the order bookings, contributing 93% of the inflows. As of...
Skipper Ltd announced its highest-ever closing order book of Rs 65.9 billion, with 85% from domestic orders and 15% from exports. The company recorded an order inflow of Rs 16.6 billion in Q2 FY25 (July to September 2024), with key domestic contracts...
The Central Electricity Regulatory Commission (CERC) has approved the annual transmission tariff of Rs 2.91 billion for Sirohi Transmission Ltd, a wholly-owned subsidiary of Power Grid Corporation of India Ltd (PGCIL), for its ISTS scheme. This...