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BiofuelCircle launches 8 new warehouses in Maharashtra

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...

Vikram Solar secures 1,000 MW solar module order for JSW Energy projects

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...

AZAD Engineering signs USD 112 million supply deal with GE Vernova

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...

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...

Waaree Renewables posts Rs 0.53 billion net profit in Q3 FY25, down 17.18%

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...

IREDA reports Rs 4.25 billion net profit in Q3 FY25, up 26.48%

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...

IREDA signs joint venture for Upper Karnali hydroelectric project in Nepal

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...

Six firms submit bids for Dibang Multipurpose Project’s main dam construction

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...

Refex Green Mobility acquires 2,997 electric four-wheelers

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...

JSW Energy fully operationalizes 700 MW Utkal thermal power plant

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...

JBIC partners with PFC to fund renewable energy projects in India

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...

CEA releases guidelines for standardization and interoperability of AMI systems

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...

Adani Group joins International Copper Association

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...

PFCCL transfers two SPVs for transmission projects

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...

Torrent Power to invest Rs 180 billion in thermal plant in Madhya Pradesh

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...

Reliance to invest Rs 100bn in Asia’s largest solar project

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...

Lubi Industries to supply 1,400 fast DC EV chargers for BPCL outlets

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...

Ecozen secures $23 million debt funding for clean energy solutions

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...

Sun Drops Energia secures 62.2 MW solar project orders

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...

Exide Industries invests Rs 1499.90 million in lithium battery subsidiary EESL

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...

Recent Posts

Spain’s April blackout: Grid failure or planning flaw?

Author: PPD Team Date: 20/06/2025 Spain’s grid operator Redeia is at the centre of a major...

Tata launches India’s most affordable rooftop solar in Odisha at Rs 2,499

Author: PPD Team Date: 20/06/2025 Tata Power Renewable Energy Limited (TPREL), a wholly owned...

Juniper Green commissions solar unit in Wardha

Author: PPD Team Date: 20/06/2025 Juniper Green Energy has commissioned the 59 MWp solar component...

NTPC, Oben Electric and Avaana Capital raise funds

Author: PPD Team Date: 20/06/2025 Three companies—NTPC Limited, Oben Electric, and Avaana...

Ganesh Green and Delta Electronics win solar equipment orders

Author: PPD Team Date: 20/06/2025 Ganesh Green Bharat Limited has bagged a Rs 6,206.43 million...

Hyosung wins Rs 7.69 billion STATCOM contract

Author: PPD Team Date: 20/06/2025 Hyosung T&D India Private Limited has secured a contract worth...

Arunachal Cabinet launches Rs 20 billion state power programme

Author: PPD Team Date: 20/06/2025 The Cabinet of Arunachal Pradesh has approved the Arunachal...

CEA proposes safety norms for battery energy storage systems in 2025 draft

Author: PPD Team Date: 20/06/2025 The Central Electricity Authority (CEA) has released the Draft...

MAHAPREIT invites bids for 500 MW rooftop solar projects at MSMEs

Author: PPD Team Date: 20/06/2025 Mahatma Phule Renewable Energy and Infrastructure Technology...

BSPTCL re-invites bids for substations and transmission lines in Bihar

Author: PPD Team Date: 20/06/2025 Bihar State Power Transmission Company Limited (BSPTCL) has...