Author: PPD Team Date: 20/01/2025 BiofuelCircle has established eight new warehouses near Mauda and Bhandara in Nagpur, Maharashtra, to support biomass aggregation. These facilities, equipped with advanced machinery like balers and rakers, aim to...
Author: PPD Team Date: 20/01/2025 Vikram Solar has received a 1,000 MW order to supply solar photovoltaic modules for renewable energy projects in Karnataka, Gujarat, and Rajasthan under JSW Neo Energy Limited’s renewable energy initiative. The order...
Author: PPD Team Date: 20/01/2025 AZAD Engineering Limited has entered a long-term agreement with GE Vernova International LLC, USA, to supply advanced rotating and stationary airfoils for gas turbine engines. Valued at approximately USD 112 million...
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...
Author: PPD Team Date: 20/01/2025 Waaree Renewables Technologies Limited reported a net profit of Rs 0.53 billion for the quarter ending December 2024, a 17.18% decrease compared to Rs 0.64 billion in the same quarter last year. The company’s...
Author: PPD Team Date: 20/01/2025 Indian Renewable Energy Development Agency Limited (IREDA) posted a net profit of Rs 4.25 billion for the quarter ending December 2024, a 26.48% rise compared to Rs 3.36 billion in the same quarter last year. The...
Author: PPD Team Date: 20/01/2025 Indian Renewable Energy Development Agency Ltd. (IREDA) has finalized a joint venture agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA) to develop the 900 MW Upper Karnali Hydroelectric...
Author: PPD Team Date: 20/01/2025 NHPC Limited invited bids for Lot-3: Main Dam including Coffer Dam of the Dibang Multipurpose Project in December 2024. Six firms—APS Enterprises, Larsen and Toubro Limited (L&T), NCC Limited, Patel Engineering...
Author: PPD Team Date: 17/01/2025 Refex Green Mobility Limited has acquired 2,997 electric four-wheelers (e4Ws) from Gensol Engineering Limited for Rs 3.15 billion. The acquisition includes the transfer of Gensol’s existing loan facility. The e4Ws...
Author: PPD Team Date: 17/01/2025 JSW Energy Limited, through its wholly owned subsidiary, has commenced operations of Unit-2 (350 MW) at the Utkal thermal power plant in Odisha. Both units, with a combined capacity of 700 MW, were restored and made...
Author: PPD Team Date: 17/01/2025 Japan Bank for International Cooperation (JBIC) has signed an agreement with Power Finance Corporation Limited (PFC) to finance renewable energy projects in India. Under the agreement, JBIC and PFC will establish a...
Author: PPD Team Date: 17/01/2025 The Central Electricity Authority (CEA) has issued new guidelines aimed at standardizing and ensuring interoperability within Advanced Metering Infrastructure (AMI) systems. The guidelines, titled “Guidelines for...
Author: PPD Team Date: 17/01/2025 Kutch Copper Ltd, a subsidiary of Adani Group, has become a member of the International Copper Association (ICA), a global trade body representing half of the world’s copper production. Based in Mundra, Gujarat...
Author: PPD Team Date: 17/01/2025 PFC Consulting Ltd (PFCCL) has transferred two project Special Purpose Vehicles (SPVs) to their respective winning bidders for the development of interstate transmission system (ISTS) schemes. The SPVs transferred...
Author: PPD Team Date: 17/01/2025 Torrent Power has announced plans to invest Rs 180 billion in establishing a thermal power plant in Madhya Pradesh. The project is expected to create employment for over 7,000 individuals, both directly and...
Author: PPD Team Date: 17/01/2025 Reliance NU Suntech, a subsidiary of Reliance Power, plans to invest Rs 100 billion ($1.16 billion) in a solar power plant with a battery energy storage system (BESS) in Kurnool, Andhra Pradesh. The project, set to...
Author: PPD Team Date: 17/01/2025 Lubi Industries has secured a contract from Bharat Petroleum Corporation Limited (BPCL) to manufacture, supply, install, and commission 1,400 fast DC electric vehicle (EV) chargers across India. These chargers, with...
Author: PPD Team Date: 17/01/2025 Ecozen, a clean energy technology company, has raised over $23 million in debt funding from investors including responsAbility Investments, Northern Arc Capital, and Maanaveeya Development & Finance. The funds...
Author: PPD Team Date: 17/01/2025 Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received orders to develop 62.2 MW of solar power projects under the captive power producer (CPP) business segment. The projects are...
Author: PPD Team Date: 16/01/2025 Exide Industries Limited has invested Rs 1499.90 million in its subsidiary, Exide Energy Solutions Limited (EESL), through a rights-based equity subscription. This brings Exide’s total investment in EESL to Rs...