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IEEFA urges Rajasthan and Gujarat to refine policies for RE transition

Author: PPD Team Date: 07/11/2024 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 and Financial Analysis...

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

Author: PPD Team Date: 07/11/2024 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 Titanium Limited, a joint...

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

Author: PPD Team Date: 07/11/2024 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 billion, with active solar...

AVVNL invites bids for 269 MW solar projects under PM KUSUM

Author: PPD Team Date: 07/11/2024 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 Mahabhiyan (PM KUSUM) scheme...

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

Author: PPD Team Date: 07/11/2024 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 Development (R&D)...

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

Author: PPD Team Date: 07/11/2024 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 million in the same period...

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

Author: PPD Team Date: 07/11/2024 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 initiative will focus on...

Waaree Energies secures 180 MWp solar module supply order

Author: PPD Team Date: 07/11/2024 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 conclude by the fourth...

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

Author: PPD Team Date: 07/11/2024 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 pressure swing adsorption...

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

Author: PPD Team Date: 06/11/2024 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 after tax (PAT) stood at...

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

Author: PPD Team Date: 06/11/2024 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 Phase III auction for 1,200...

ACME Solar launches Rs 30 billion IPO

Author: PPD Team Date: 06/11/2024 ACME Solar launched its initial public offering (IPO) today, November 6, 2024, valued at Rs 30 billion, with a price band of Rs 275 to Rs 289 per equity share. The IPO, open until Friday, November 8, 2024, requires a...

NTPC and RVUNL form joint venture for Chhabra thermal power plant

Author: PPD Team Date: 06/11/2024 NTPC Limited has signed a joint venture agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) to jointly own and operate the Chhabra thermal power plant.  The 2,320 MW plant, currently managed by...

Tata Power reports Rs 10.93 billion net profit in Q2, up 7.47% YoY

Author: PPD Team Date: 06/11/2024 Tata Power Company Limited posted a net profit of Rs 10.93 billion for the quarter ending September 2024, marking a 7.47 per cent rise from Rs 10.17 billion in the same period last year.  The company’s total...

NTPC approves Rs 800 billion investment for 6,400 MW thermal projects

Author: PPD Team Date: 06/11/2024 NTPC‘s board has approved investment proposals totalling approximately Rs 800 billion for thermal power projects with a combined capacity of 6,400 MW. The approved projects include: Telangana Super Thermal...

Apollo Green plans 500 MW solar module plant

Author: PPD Team Date: 06/11/2024 Apollo Green Energy is set to establish a 500 MW solar module plant within the next two to three years, aligning with India’s target to reach 500 GW of renewable capacity by 2030, up from the current 154 GW.  The...

Solar Industries secures Rs 8.87 billion order from Singareni Collieries

Author: PPD Team Date: 06/11/2024 Solar Industries India has received an order worth Rs 8.87 billion from Singareni Collieries Company (SCCL) to supply SME explosives, LDC explosives, and initiating systems for overburden blasting over two years. ...

IEX records 4% increase in traded electricity volume in October 2024

Author: PPD Team Date: 06/11/2024 The Indian Energy Exchange (IEX) reported a traded electricity volume of 9,642 million units (MU) in October 2024, marking a 4% year-on-year growth. IEX also traded 4.44 lakh renewable energy certificates (RECs) in...

RECPDCL forms two SPVs for ISTS projects in Karnataka and Tamil Nadu

Author: PPD Team Date: 06/11/2024 REC Power Development & Consultancy Ltd (RECPDCL), as the bid process coordinator, has launched two wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for ISTS-TBCB schemes currently under...

India to revamp electricity demand forecasting to enhance grid stability

Author: PPD Team Date: 06/11/2024 India is overhauling its electricity demand forecasting approach to better align generation capacity with actual needs and support grid stability amid growing clean energy volumes.  The Central Electricity Authority...

Recent Posts

QPEEL secures Rs 197 million reactor order for renewable energy grid integration

Author: PPD Team Date: 16/04/2025 Quality Power Electrical Equipments Limited (QPEEL) has landed an...

Transrail Lighting wins Rs 10.85 billion in new domestic T&D orders

Author: PPD Team Date: 16/04/2025 Transrail Lighting Limited has kicked off the season on a high...

Power Sector News Roundup for April 15, 2025

Author: PPD Team Date: 15/04/2025 Global: Iraq signs MoUs with US firms for 24 GW power and 3 GW...

MSPGCL signs MoU with Rosatom for thorium-based small modular reactors

Author: PPD Team Date: 15/04/2025 The Maharashtra State Power Generation Company Limited (MSPGCL)...

Union Government lays foundation stone for Deen Bandhu Chhotu Ram Power Expansion Project

Author: PPD Team Date: 15/04/2025 On April 14, 2025, the Union Government laid the foundation stone...

Bihar to complete key transmission lines and substations by FY 2026

Author: PPD Team Date: 15/04/2025 Several transmission lines and substations in Bihar are expected...

Insolation Green Energy wins Rs 360.1 million contract for solar modules supply

Author: PPD Team Date: 15/04/2025 Insolation Green Energy Private Limited, a wholly-owned subsidiary...

Serentica Renewables signs PPA with NTPC for 200 MW RE project

Author: PPD Team Date: 15/04/2025 On April 15, 2025, Serentica Renewables India Private Limited...

Street light installations across States and Union Territories

Author: PPD Team Date: 15/04/2025 Since FY 2014-15, Energy Efficiency Services Limited (EESL) has...