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Haryana DISCOM floats tender for 27 MW solar projects

Author: Power Peak Digest Team Pub Date: November 8, 2024 Dakshin Haryana Bijli Vitran Nigam (DHBVN) has issued a tender for 26.75 MW of decentralised, ground-mounted, grid-connected solar projects under Component A of the Pradhan Mantri Kisan Urja...

RECPDCL establishes SPV for Lakadia substation capacity enhancement

Author: Power Peak Digest Team Pub Date: November 8, 2024 REC Power Development and Consultancy Limited (RECPDCL) has established Lakadia B Power Transmission Limited, a special purpose vehicle (SPV) aimed at augmenting the transformation capacity of...

Inox Wind reports Rs 902.2 million profit in Q2 FY24, income up 93%

Author: Power Peak Digest Team Pub Date: November 8, 2024 Inox Wind Limited has announced a net profit of Rs 902.2 million for the quarter ending September 2024, contrasting with a loss of Rs 292.3 million in the same quarter last year.  Total income...

Tata Power to invest Rs 5.5 billion in renewable energy for Noida Airport

Author: Power Peak Digest Team Pub Date: November 8, 2024 Tata Power has committed Rs 5.5 billion towards establishing solar and wind power capacities to supply clean energy to Noida International Airport (NIA) in Uttar Pradesh.  The company has...

Tata Power acquires Paradeep Transmission for ERES XXXIV Expansion

Author: Power Peak Digest Team Pub Date: November 8, 2024 Paradeep Transmission, a wholly-owned subsidiary of PFC Consulting created to develop the Eastern Region Expansion Scheme-XXXIV (ERES XXXIV), has been transferred to Tata Power Company.  The...

IOCL and TTD partner to establish 40 TPD biogas plant in Tirumala

Author: Power Peak Digest Team Pub Date: November 7, 2024 Indian Oil Corporation Limited (IOCL) has joined hands with Tirumala Tirupati Devasthanams (TTD) to build a 40 tonnes-per-day biogas plant in Tirumala, aiming to promote sustainable energy and...

Rosa Power becomes zero-debt company

Author: Power Peak Digest Team Pub Date: November 7, 2024 Rosa Power Supply Company, a subsidiary of Reliance Power, has achieved zero-debt status after prepaying Rs 13.18 billion to Singapore-based lender Varde Partners.  The company initially paid...

India’s energy storage capacity to rise 12-fold: SBICAPS report

Author: Power Peak Digest Team Pub Date: November 7, 2024 India’s energy storage capacity is projected to increase 12-fold to 60 GW by FY 2032, as outlined in a new SBICAPS report. This expansion is anticipated to outpace the growth in renewable...

Serentica Renewables to establish 10 GW of RE projects in Andhra Pradesh

Author: Power Peak Digest Team Pub Date: November 7, 2024 Serentica Renewables has announced plans to develop renewable energy projects with a combined capacity of 10 GW in Andhra Pradesh, supporting both India’s clean energy goals and the state’s...

IEEFA urges Rajasthan and Gujarat to refine policies for RE transition

Author: Power Peak Digest Team Pub Date: November 7, 2024 Rajasthan and Gujarat, India’s leaders in renewable energy, are urged to implement policy adjustments to sustain their progress, according to a new report by the Institute for Energy Economics...

IREL and UKTMP form Indo-Kazakh venture for titanium slag production in Odisha

Author: Power Peak Digest Team Pub Date: November 7, 2024 IREL (India) Limited, a CPSU under India’s Department of Atomic Energy (DAE), has partnered with Kazakhstan’s Ust-Kamenogorsk Titanium and Magnesium Plant JSC (UKTMP) to establish IREUK...

Apollo Green Energy targets Rs 100 billion project portfolio, IPO on horizon

Author: Power Peak Digest Team Pub Date: November 7, 2024 Apollo Green Energy Limited (AGEL), part of Apollo International Group, has announced plans to build a Rs 100 billion project portfolio by 2025.  Currently, its order book stands at Rs 35...

AVVNL invites bids for 269 MW solar projects under PM KUSUM

Author: Power Peak Digest Team Pub Date: November 7, 2024 Ajmer Vidyut Vitran Nigam Limited (AVVNL) has issued a bid invitation for 269 MW of grid-connected solar projects under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan...

MNRE invites proposals to set up R&D facilities for green hydrogen

Author: Power Peak Digest Team Pub Date: November 7, 2024 The Ministry of New and Renewable Energy (MNRE) has issued a call for proposals to establish Centers of Excellence (CoEs) under the National Green Hydrogen Mission’s (NGHM) Research and...

SJVN reports net profit of Rs 4,399 million in the Q2 of 2024-25

Author: Power Peak Digest Team Pub Date: November 7, 2024 SJVN Limited has announced its financial results for the quarter ending September 2024 (Q2 FY25), reporting a consolidated net profit of Rs 4,399 million, a slight increase from Rs 4,396.4...

Sterling Tech-Mobility collaborates with Chinese firm for EV component plant

Author: Power Peak Digest Team Pub Date: November 7, 2024 Sterling Tech-Mobility has announced plans to set up a manufacturing facility in Bengaluru, Karnataka, in partnership with Chinese firm Kunshan GLVAC Yuantong New Energy Technology.  This...

Waaree Energies secures 180 MWp solar module supply order

Author: Power Peak Digest Team Pub Date: November 7, 2024 Waaree Energies has secured an order to supply up to 180 MWp of solar modules to a prominent renewable energy developer in India.  Deliveries are set to begin at the end of November 2024 and...

HP Green R&D Centre inks tie-up with EIL for hydrogen technology

Author: Power Peak Digest Team Pub Date: November 7, 2024 Hindustan Petroleum Corporation’s R&D arm, HP Green R&D Centre (HPGRDC), has entered a collaboration with Engineers India Limited (EIL) to commercialise its indigenous hydrogen...

Waaree Renewable posts robust Q2 growth with Rs 5,244.7 million revenue

Author: Power Peak Digest Team Pub Date: November 6, 2024 Waaree Renewable Technologies Limited (WRTL), the solar EPC arm of Waaree Group, reported Q2 FY25 revenue of Rs 5,244.7 million, a 249.50% increase from Rs 1,500.6 million in Q2 FY24. Profit...

Gentari, Juniper Green, and others secure SJVN’s 1.2 GW hybrid power auction

Author: Power Peak Digest Team Pub Date: November 6, 2024 Gentari Renewables India Utilities 2, Juniper Green Energy, EG Energy Development (Enfinity Global), Sunsure Solarpark RJ One, and Adyant Enersol (Datta Infra) emerged as winners in SJVN’s...

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