Author: PPD Team Date: 30/10/2024 Powerica has secured a 50 MW capacity in the Solar Energy Corporation of India’s (SECI) undersubscribed auction for a 500 MW interstate transmission system (ISTS)-connected wind power project (Tranche-XVII).  The...

Author: PPD Team Date: 30/10/2024 REC Power Development and Consultancy Limited (RECPDCL) has issued a Request for Proposal (RFP) for an interstate transmission system (ISTS) project to evacuate 4.5 GW of renewable energy from the Kurnool-IV...

Author: PPD Team Date: 29/10/2024 GAIL (India) Limited and VERBIO India Private Limited have signed a memorandum of understanding (MoU) to collaborate on establishing compressed biogas (CBG) plants based on agricultural residues across India.  The...

Author: PPD Team Date: 29/10/2024 Servotech Power Systems Limited (Servotech) has introduced a new range of solar products, including solar on-grid inverters with capacities from 1 kW to 100 kW, and solar hybrid inverters available in single-phase (2...

Author: PPD Team Date: 29/10/2024 Gensol Engineering Limited has reported a net profit of Rs 228.9 million for the quarter ending September 2024, marking a 28.96% increase from Rs 177.5 million in the same quarter last year.  The company’s...

Author: PPD Team Date: 29/10/2024 The Central Electricity Regulatory Commission (CERC) has released the CERC (Indian Electricity Grid Code) (First Amendment) Regulations, 2024, introducing several critical changes aimed at improving grid efficiency...

Author: PPD Team Date: 29/10/2024 A consortium of Maharashtra’s state-owned MAHAGENCO and NTPC has emerged as the top bidder to acquire the 1,350 MW Sinnar Thermal Power plant near Nashik, with a bid of Rs 38 billion, surpassing Adani Power in...

Author: PPD Team Date: 29/10/2024 AMPIN Energy Transition has signed an agreement with Varroc Group for an additional 27 MWp solar power project in Maharashtra, building on earlier solar installations across Maharashtra, Karnataka, Uttar Pradesh, and...

Author: PPD Team Date: 29/10/2024 Senvion India, the country’s fifth-largest wind turbine manufacturer, has announced plans to expand its manufacturing capacity to 2 GW by 2026. To support this growth, the company will invest over USD 100 million in...

Author: PPD Team Date: 29/10/2024 BASF and AM Green B.V. have signed a memorandum of understanding (MoU) to explore business opportunities for developing low-carbon chemicals produced exclusively with renewable energy.  As part of the agreement, both...

Author: PPD Team Date: 29/10/2024 The Expert Appraisal Committee (EAC) under India’s Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended environmental clearance (EC) and Terms of Reference (ToR) for two ultra super-critical...

Author: PPD Team Date: 29/10/2024 The Central Electricity Authority (CEA) has outlined a comprehensive plan to build transmission capacity for 613 GW of renewable energy by 2032. In its latest ‘National Electricity Plan,’ the CEA projects that...

Author: PPD Team Date: 29/10/2024 Shilchar Technologies has completed a capacity expansion at its transformer manufacturing facility in Gavasad, Vadodara district, Gujarat. The facility’s capacity grew by 3,500 MVA in August 2024, reaching a total of...

Author: PPD Team Date: 28/10/2024 As India aims to double its power capacity to 900 GW by 2030, a report by Aequitas Investments highlights concerns about potential overinvestment, cautioning against repeating past industry missteps. The report...

Author: PPD Team Date: 28/10/2024 Larsen & Toubro (L&T) has secured a ‘significant’ contract, estimated between Rs 10 billion and Rs 25 billion, to implement advanced welding technologies for the ITER Organisation’s nuclear fusion project...

Author: PPD Team Date: 28/10/2024 The Chief Minister Solar Self-Employment Scheme in Uttarakhand has enabled hundreds of locals to set up small solar plants, generating self-employment while bolstering the rural economy. Chief Minister Pushkar Singh...

Author: PPD Team Date: 28/10/2024 Kenya’s high court has suspended a $736 million agreement between state-owned Kenya Electrical Transmission Company (KETRACO) and Adani Group’s Adani Energy Solutions to develop and operate power infrastructure...

Author: PPD Team Date: 28/10/2024 Convergence Energy Services Limited (CESL) has launched a tender to establish and maintain EV charging stations at seven locations within the Municipal Corporation of Faridabad, Haryana. Bids are due by October 30...

Author: PPD Team Date: 28/10/2024 Chennai-based Refex Industries has formed a joint venture with Winvision Enterprises to establish Refex Green Energy Limited (RGEL), focused on wind energy solutions. Refex will hold a 75.5% stake in RGEL, while...

Author: PPD Team Date: 28/10/2024 REC Limited has reported strong financial results for Q2 FY25, with a 17% rise in revenue from operations, reaching Rs 135.71 billion, compared to Rs 115.90 billion in the same quarter last year. Total income...