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Tata Power acquires Paradeep Transmission for ERES XXXIV Expansion

Author: PPD Team Date: 08/11/2024 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 sale and transfer process...

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

Author: PPD Team Date: 07/11/2024 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 effective waste...

Rosa Power becomes zero-debt company

Author: PPD Team Date: 07/11/2024 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 Rs 8.33 billion in...

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

Author: PPD Team Date: 07/11/2024 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 energy (RE) sources, as RE...

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

Author: PPD Team Date: 07/11/2024 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 green vision.  This...

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...

Recent Posts

Fluxys, OQGN to jointly develop hydrogen network in Oman

Author: PPD Team Date: 21/05/2025 Fluxys and OQ Gas Networks SAOG (OQGN) have signed an agreement to...

MNRE clarifies ALMM exemptions for net billing and virtual metering models

Author: PPD Team Date: 21/05/2025 The Ministry of New and Renewable Energy (MNRE) has clarified that...

NTPC invites bids for geotechnical investigation works for nuclear projects

Author: PPD Team Date: 21/05/2025 NTPC Limited has invited bids for enlistment of agencies to carry...

Gepdec Infratech secures substation contract for Lalitpur solar park

Author: PPD Team Date: 21/05/2025 Gepdec Infratech Limited (GIL) has won a contract worth Rs 984.39...

ISGEC wins Rs 1.87 bn ESP upgrade contract at Kolaghat thermal plant

Author: PPD Team Date: 21/05/2025 ISGEC Heavy Engineering Limited has secured a contract valued at...

Siemens secures DCS contract for Suratgarh TPS renovation

Author: PPD Team Date: 21/05/2025 Siemens Limited has won a contract worth Rs 196.58 million for...

Voith Hydro wins Rs 1.65 bn contract for Mankulam hydro project

Author: PPD Team Date: 21/05/2025 Voith Hydro Private Limited has secured a contract valued at Rs...

Andritz secures Rs 1.09 bn contract for GIS work at Teesta-V

Author: PPD Team Date: 21/05/2025 Andritz Hydro Private Limited has secured a contract worth Rs...

Kerala leases land to KMRL for 12 MW solar project in Kasargod

Author: PPD Team Date: 21/05/2025 The Government of Kerala (GoK) has leased 50 acres of land to...

KfW inspect green corridor projects in Madhya Pradesh

Author: PPD Team Date: 21/05/2025 A delegation from KfW Development Bank recently reviewed...