Author: PPD Team Date: 30/10/2024
NLC India Limited has posted a net profit of Rs 9.82 billion for the quarter ending September 2024, marking a 9.58% decrease from the Rs 10.86 billion reported in the same period last year.
However, the company’s total income rose by approximately 35%, reaching Rs 43.70 billion for the quarter, compared to Rs 32.34 billion in the corresponding period of the previous year.
Author: PPD Team Date: 16/05/2025 The Provincial Government of Binh Dinh has proposed the inclusion of the 15 MW Hoi Van geothermal power project in Vietnam’s national power development plan VIII (PDP8). The project, to be located in Cat Hiep commune, Phu Cat district, requires an estimated investment of USD32.7 million. It is intended to diversify the province’s energy mix and contribute to national renewable energy targets. Geothermal energy is still at an early stage…
Author: PPD Team Date: 30/10/2024 NTPC‘s R&D division, NETRA, in collaboration with the Indian Institute of Petroleum (IIP) Dehradun, has developed an indigenous catalyst for converting CO2 into methanol. This catalyst, crucial for chemical synthesis, facilitates CO2 hydrogenation and is currently being tested in a 10 kg/day methanol pilot plant. In this process, 1 mole of CO2 and 3 moles of H2 are passed through a fixed-bed downflow reactor, producing methanol with over 99% purity….
Author: PPD Team Date: 05/02/2025 Lords Mark Industries Private Limited has won a contract from the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) to set up 300 MW of grid-connected rooftop solar power plants under the Renewable Energy Service Company (RESCO) model. The firm secured the contract at a tariff of Rs 4.8 per kWh. The contract is part of a larger initiative initiated by UPNEDA in July 2024, initially calling for 3,205…
Author: PPD Team Date: 10/12/2024 NTPC Group reached a significant milestone by achieving 300 billion units (BU) of power generation on December 8, 2024, in FY 2024-25, marking the fastest-ever achievement in just 252 days. This accomplishment is 10 days earlier compared to the previous financial year when the company crossed the 300 BU mark on December 18, 2023. The company currently has an installed capacity of 76.5 GW, with over 29.5 GW, including 9.6…
Author: PPD Team Date: 07/04/2025 Power Grid Corporation of India Limited (Powergrid) has received approval to raise up to Rs 60 billion through its 81st bond issue via private placement. The decision was cleared by the company’s Committee of Directors for Bonds on April 4, 2025. The bonds—named POWERGRID Bonds–LXXXI (81st Issue) 2025–26—will be unsecured, non-convertible, non-cumulative, redeemable, and taxable. The total issue includes a base size of Rs 15 billion and a green shoe…
Author: PPD Team Date: 14/10/2024 Eaton’s newly expanded 120,000 sqft electrical manufacturing facility in Puducherry was inaugurated on October 11, 2024, by Chairman and CEO Craig Arnold. The facility includes a 100,000 sqft shop floor for power distribution products and 20,000 sqft for utilities and supporting infrastructure. This expansion, extending Eaton’s manufacturing footprint in Puducherry to over 2.6 lakh sqft, aims to double production capacity. The facility will produce key products such as air circuit…