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Suzlon wins 100.8 MW wind project order from Sunsure Energy in Maharashtra
Suzlon Energy has secured a new contract from Sunsure Energy to supply and commission 48 wind turbines in Maharashtra. The project will be set up in the Jath region. Each turbine is rated at 2.1 MW, using Suzlon’s S120 model with a Hybrid Lattice Tubular (HLT) tower. The total planned capacity is 100.8 MW. Under…
NGEL invites bids for 11,100 MWh BESS in Gujarat and Rajasthan
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has invited bids for engineering, procurement and construction (EPC) packages to develop a combined 11,100 MWh battery energy storage system (BESS) capacity across solar projects in Rajasthan and Gujarat. The proposed projects include a 7,800 MWh BESS at the NTPC REL Bikaner solar…
SJVN reports net profit of Rs 4,399 million in the Q2 of 2024-25
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 last year. The company’s total income rose by approximately 16.48% to Rs 11,084.3 million, up from Rs 9,516.2 million in…
Azure Power secures REC and HSBC refinancing, completes early bond prepayment
Azure Power Global Ltd, a leading renewable power producer in India, has completed an Rs 24 billion refinancing transaction structured as an INR Term Loan underwritten solely by REC Ltd. This transaction enabled the company to prepay its $350 million Green Bonds, originally issued in 2019, which were set to mature in December 2024. These…
Hinduja Renewables signs solar PPAs with Lloyd Metals
HR Godavari Private Limited, the special purpose vehicle (SPV) of Hinduja Renewables Energy Private Limited, has signed two power purchase agreements (PPAs) with Lloyd Metals and Energy Limited. These PPAs cover the supply of 60.7 MW (86.05 MWp) of solar power under a captive model. The agreements include one PPA for 10.7 MW (16.05 MWp)…
India signs MoU with IEA for critical minerals cooperation
The Ministry of Mines has signed a memorandum of understanding (MoU) with the International Energy Agency (IEA) to advance cooperation in critical minerals. This agreement, recently approved by the Cabinet, will grant India access to IEA’s data, analysis, and policy recommendations, aiding in refining policies, regulations, and investment strategies to align with global standards. The…
