Author: Power Peak Digest Team Pub Date: November 14, 2024 Torrent Power has reported a reduction in transmission and distribution (T&D) losses across most of its licensed and franchised distribution areas for the first half (April to September)...

Author: Power Peak Digest Team Pub Date: November 14, 2024 Equinix, Inc. has entered into its first power purchase agreement (PPA) in India with CleanMax to develop a 33 MW captive power plant in Maharashtra.  The facility will comprise 26.4 MWp of...

Author: Power Peak Digest Team Pub Date: November 14, 2024 IndiGrid, British International Investment (BII), and the Norwegian Climate Investment Fund managed by Norfund have established EnerGrid, a $300 million platform focused on greenfield...

Author: Power Peak Digest Team Pub Date: November 14, 2024 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. ...

Author: Power Peak Digest Team Pub Date: November 14, 2024 Power Minister Manohar Lal Khattar has encouraged states to identify viable sites for nuclear power plants, especially in areas far from coal sources.  The government has already shortlisted...

Author: Power Peak Digest Team Pub Date: November 14, 2024 The Ministry of Mines has signed a memorandum of understanding (MoU) with the International Energy Agency (IEA) to advance cooperation in critical minerals.  This agreement, recently approved...

Author: Power Peak Digest Team Pub Date: November 14, 2024 Tata Power Renewable Energy Limited (TPREL) has commissioned a 126 MW Omkareshwar floating solar project in the Khandwa district of Madhya Pradesh.  The Rs 5.96 billion engineering...

Author: Power Peak Digest Team Pub Date: November 14, 2024 The Ministry of Power (MoP) is set to launch a Rs 10 billion scheme to support energy efficiency initiatives among small and medium businesses, aiming to incentivize adoption of...

Author: Power Peak Digest Team Pub Date: November 14, 2024 NHPC has announced that all four units of the Parbati-II Hydroelectric Project (800 MW) in Himachal Pradesh are expected to be operational by March 2025.  This run-of-the-river project is...

Author: Power Peak Digest Team Pub Date: November 14, 2024 PFC Consulting Limited (PFCCL) has established Wahipora and Sallar Transmission Limited for the transmission project involving the construction of grid substations at Wahipora and Sallar in...

Author: Power Peak Digest Team Pub Date: November 13, 2024 NTPC Vidyut Vyapar Nigam (NVVN) has released a tender for the installation of 7.2 MW of grid-connected rooftop solar systems across 26 Assam Rifles buildings in Nagaland, Manipur, and Assam. ...

Author: Power Peak Digest Team Pub Date: November 13, 2024 Rajasthan Renewable Energy Corporation Limited (RRECL) has issued a tender for the development of 282 MW of grid-connected rooftop solar photovoltaic (PV) projects on government buildings...

Author: Power Peak Digest Team Pub Date: November 13, 2024 Solex Energy Limited reported robust financial performance in H1 FY2024-25, with total income surging 194% to Rs 2.731 billion, up from Rs 930 million in H1 FY24. EBITDA increased 168% to Rs...

Author: Power Peak Digest Team Pub Date: November 13, 2024 Surana Solar Limited has acquired a 100% stake in Surana Technologies Private Limited, making it a wholly-owned subsidiary.  Surana Technologies, with an authorized, subscribed, and paid-up...

Author: Power Peak Digest Team Pub Date: November 13, 2024 NHPC Limited has reported a net profit of Rs 10.69 billion for the quarter ending September 2024, marking a 36.86% decline from Rs 16.93 billion in the same quarter the previous year. ...

Author: Power Peak Digest Team Pub Date: November 13, 2024 Kalpataru Projects International Limited (KPIL) has announced new orders totalling Rs 22.73 billion across domestic and international markets.  The orders, awarded to KPIL along with its...

Author: Power Peak Digest Team Pub Date: November 13, 2024 Insolation Energy Ltd., via its wholly-owned subsidiary Insolation Green Energy Private Limited, has received a Rs 714 million purchase order from ACME Cleantech Solutions Private Limited. ...

Author: Power Peak Digest Team Pub Date: November 13, 2024 Patel Engineering Limited announced a net profit increase of 151% year-over-year for Q2 FY25.  For the quarter ending September 30, 2024, the company reported a revenue increase of 14.98%...

Author: Power Peak Digest Team Pub Date: November 13, 2024 The Government of Rajasthan signed a Memorandum of Understanding (MoU) with RMC Switchgears Limited on November 9, 2024, to set up a 1,000 MW Ultra Mega Solar Park Project (UMSPP) with an...

Author: Power Peak Digest Team Pub Date: November 13, 2024 Larsen & Toubro Limited (L&T) and Bharat Heavy Electricals Limited (BHEL) have submitted bids to Nuclear Power Corporation of India Limited (NPCIL) for the erection of nuclear reactor...