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Reliance Power reports Rs 28.78 billion net profit in Q2 FY2024

Author: PPD Team Date: 06/12/2024 Reliance Power Limited has recorded a net profit of Rs 28.78 billion for the quarter ended September 2024, reversing a loss of Rs 2.38 billion in the same period last year. Despite the turnaround, the company’s total...

DSSL to set up 1,800 MW solar module plant in Maharashtra

Author: PPD Team Date: 06/12/2024 Dynamic Services and Security Limited (DSSL) has secured an order from the Maharashtra government to establish a 1,800 MW solar module manufacturing facility in MIDC Villebhagad, Tal-Mangaon, Raigad district.  The...

FICCI and MAHAPREIT collaborate for renewable energy in Maharashtra

Author: PPD Team Date: 06/12/2024 The Federation of Indian Chambers of Commerce and Industry (FICCI) has signed a memorandum of understanding with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) to promote renewable...

Refex Green Power establishes SPV for 100 MW solar project

Author: PPD Team Date: 06/12/2024 Refex Green Power Limited (RGPL), a subsidiary of Refex Renewables & Infrastructure Limited, has incorporated Refex Solar SPV Five Limited to implement a 100 MW solar power project awarded by NTPC Limited. Refex...

TKIL partners with SoHHytec to bring hydrogen technology to India

Author: PPD Team Date: 06/12/2024 TKIL Industries Private Limited has partnered with Switzerland-based SoHHytec SA to introduce advanced hydrogen production technology in India. The partnership grants TKIL exclusive rights to manufacture and deploy...

PM Surya Ghar scheme achieves 630,000 rooftop solar installations

Author: PPD Team Date: 06/12/2024 The PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) has achieved 630,000 rooftop solar installations, averaging 70,000 installations per month. The initiative aims to surpass 1 million installations by March 2025 and...

DMR Hydroengineering & Fitchner GmbH JV empanelled as consultant for THDCIL’s pumped storage projects

Author: PPD Team Date: 06/12/2024 DMR Hydroengineering & Infrastructures Limited, in partnership with Fitchner GmbH & Co. KG, Germany, has been empanelled by THDC India Limited (THDCIL) as a consultant for the preparation of Detailed Project...

Synergy Green signs supply agreement with Envision Energy for wind turbine castings

Author: PPD Team Date: 06/12/2024 Synergy Green has signed a supply agreement with Envision Energy India Pvt Ltd to manufacture wind turbine castings.  Envision Energy operates a 3 GW per annum assembly facility in Pune, where it is currently...

India plans to double nuclear power capacity to 14 GW by 2029

Author: PPD Team Date: 05/12/2024 India’s Department of Atomic Energy (DAE) aims to nearly double the country’s nuclear power capacity by 2029. DAE secretary and Atomic Energy Commission chairman, AK Mohanty, shared this plan during a press...

Schneider Electric unveils Galaxy VXL UPS

Author: PPD Team Date: 05/12/2024 Schneider Electric has launched the Galaxy VXL uninterruptible power supply (UPS), claiming it to be the industry’s most compact, high-density UPS designed for AI, data centers, and large-scale electrical workloads. ...

Mufin Green Finance to fund Rs 5 billion solar projects by 2026

Author: PPD Team Date: 05/12/2024 Mufin Green Finance has announced plans to finance Rs 5 billion worth of solar projects by 2026, marking its entry into the solar financing sector.  The company recently closed its first solar financing deal worth Rs...

Greenzo Energy partners with EODev to bring hydrogen generators to India

Author: PPD Team Date: 05/12/2024 Greenzo Energy India (GEIL) will collaborate with France’s EODev to introduce hydrogen fuel cell power generators in India.  Under the 20-year partnership, GEIL will distribute EODev’s zero-emission generators...

Glow raises USD 30 million to expand solar energy projects in India

Author: PPD Team Date: 05/12/2024 Green energy startup Glow has secured USD 30 million (approximately Rs 2.5 billion) in funding from venture capital firms Framework and Union Square Ventures.  The investment will support Glow’s efforts to promote...

Cyient DLM partners with Arcedo Systems for rooftop solar project in Mysore

Author: PPD Team Date: 05/12/2024 Cyient DLM has signed a memorandum of understanding (MoU) with Arcedo Systems to establish a 500 kWp rooftop solar power plant at its Mysore facility.  Arcedo Systems will handle the design, engineering...

MP allots additional land to industrial area for RE manufacturing

Author: PPD Team Date: 05/12/2024 The Madhya Pradesh government, led by Chief Minister Dr. Mohan Yadav, has allocated an additional 442.04 acres to the Mohasa-Babai Industrial Area in Narmadapuram, doubling its size to 884 acres.  The expansion aims...

BII commits Rs 2.8 billion to boost India’s EV sector

Author: PPD Team Date: 05/12/2024 British International Investment (BII) will invest USD 33.5 million (approximately Rs 2.8 billion) in three companies within India’s electric vehicle (EV) ecosystem.  The investment includes USD 15 million in debt...

Adani Energy Solutions wins Rs 250 billion power transmission bid in Rajasthan

Author: PPD Team Date: 05/12/2024 Adani Energy Solutions (AESL) has been named the preferred bidder for a transmission project under the special purpose vehicle (SPV) “Rajasthan Part-I Power Transmission.”  The project, valued at approximately Rs 250...

PGCIL to implement Eastern Region Expansion Scheme-44

Author: PPD Team Date: 04/12/2024 The National Committee on Transmission (NCT) recently approved the Eastern Region Expansion Scheme-44 (ERES-44), estimated to cost Rs 3.85 billion, to be executed by Power Grid Corporation of India Ltd (PGCIL) under...

Suzlon wins 302 MW wind project for Jindal Renewables in Karnataka

Author: PPD Team Date: 04/12/2024 Suzlon has secured a 302.4 MW wind power project order from JSP Green Wind 1 Pvt Ltd, a subsidiary of Jindal Renewables, in Koppal, Karnataka.  This follows a 400 MW order won in November 2024, bringing Suzlon’s...

NTPC explores global partnerships to develop small modular reactors in India

Author: PPD Team Date: 04/12/2024 NTPC is in discussions with global nuclear technology leaders EDF (France), Rosatom (Russia), and Westinghouse Electric Corporation (US) to build small modular reactors (SMRs) in India.  These factory-built reactors...

Recent Posts

India’s first indigenous geothermal power plant to be built in Arunachal

Author: PPD Team Date: 23/07/2025 India’s first fully indigenous geothermal power project will be...

Chandigarh races ahead in solar push with new 4 MWp floating plant

Author: PPD Team Date: 23/07/2025 The Chandigarh Administration is expanding its use of floating...

Centre explores battery storage for thermal power to offset renewable volatility

Author: PPD Team Date: 23/07/2025 The power ministry is examining the use of battery energy storage...

DPE approves leaner board structure for THDC and NEEPCO

Author: PPD Team Date: 23/07/2025 The Department of Public Enterprises (DPE) has approved a...

NTPC REL signs MoU with GEDA for 300 MW RE projects

Author: PPD Team Date: 23/07/2025 NTPC Renewable Energy Limited (NTPC REL) has signed a Memorandum...

Tata Power’s Mundra plant shut since July 1 amid tariff uncertainty

Author: PPD Team Date: 23/07/2025 All five units of Tata Power’s Mundra power plant have remained...

Power Sector News Roundup for July 22, 2025

Author: PPD Team Date: 22/07/2025 Global Digital growth must not outpace sustainability goals, says...

Digital growth must not outpace sustainability goals, says Qatar-backed report

Author: PPD Team Date: 22/07/2025 A report backed by Invest Qatar and Iberdrola Innovation Middle...

Kerala rooftop solar users demand withdrawal of 2025 draft regulations

Author: PPD Team Date: 22/07/2025 The Kerala Domestic Solar Prosumers Community (KDSPC) has called...

Patel Engineering wins Rs 240 crore NHPC contract for Teesta-V hydro project

Author: PPD Team Date: 22/07/2025 Patel Engineering Ltd. has secured a Rs 239.98 crore contract from...