Author: PPD Team Date: December 26, 2024
NTPC Limited has planned to establish a nuclear power project (NPP) in Bihar.
The company has requested the state government to allocate suitable land for the project and is expected to conduct a study before proceeding with its setup.
Author: PPD Team Date: May 7, 2025 Jammu & Kashmir State Power Development Corporation Limited (JKSPDC) has reported physical progress across four major hydroelectric projects (HEPs) in the region. The Pakal Dul HEP has reached 66 percent physical progress. Located on the Marusudar river, a right bank tributary of the Chenab, in Kishtwar district, the reservoir-based project is being developed by Chenab Valley Power Projects Private Limited (CVPP), a joint venture between JKSPDC and NHPC…
Author: PPD Team Date: December 2, 2024 The Government of Singapore has announced an SGD 100 million investment to promote green growth in the marine and offshore energy sectors over the next five years, aiming for net-zero emissions by 2050. This initiative focuses on marine digitalization, offshore wind, and floating storage solutions, aligning with Singapore’s Green Plan 2050. In a related development, Singapore-based Hann-Ocean Energy completed a two-and-a-half-year sea trial of its third-generation Drakoo wave…
Author: PPD Team Date: November 28, 2024 Waaree Renewable Technologies Ltd. has received a term sheet to execute the Engineering, Procurement, and Construction (EPC) of a 2012.47 MWp DC ground-mounted solar photovoltaic project. The project is valued at approximately Rs 12.33 billion, excluding levies.
Author: PPD Team Date: May 23, 2025 Power Finance Corporation (PFC) Limited reported a 15 per cent rise in its consolidated profit after tax (PAT) for FY 2024-25, reaching Rs 305.14 billion, up from Rs 264.61 billion in the previous year. The company’s loan asset book rose by 12 per cent, from Rs 9,908.2 billion to Rs 11,099.96 billion as of March 31, 2025. PFC’s consolidated net worth, including non-controlling interest, grew by 16 per…
Author: PPD Team Date: March 3, 2025 EDF India and Actis have formed a joint venture (JV) to develop and operate an advanced metering infrastructure service provider (AMISP) platform in India. The initiative aims to enhance operational efficiency, reduce losses, and improve financial sustainability for power distribution companies. EDF India, a subsidiary of Électricité de France (EDF), has been active in India’s energy sector for over 25 years. In 2018, it won a tender to…
Author: PPD Team Date: July 31, 2025 Solarium Green Energy Limited has secured two rooftop solar contracts worth approximately Rs 26.6 crore from NTPC Vidyut Vyapar Nigam Limited (NVVN). The work orders, dated 24 July 2025, cover engineering, procurement, and construction (EPC) of grid-connected rooftop solar PV systems across the Northeastern States under the Ministry of Home Affairs. The first order, valued at Rs 12.99 crore, is for a 3,319 kW rooftop solar project under…