Author: PPD Team Date: 30/12/2024
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Author: PPD Team Date: 30/06/2025 On June 27, 2025, the Ministry of New and Renewable Energy (MNRE) issued new guidelines under its Waste to Energy (WTE) Scheme, simplifying the process for projects converting waste into biogas, BioCNG, syngas, or power. These revisions update the earlier versions released in 2018, 2020, and 2022. Revised performance testing norms WTE plants must now demonstrate continuous operation for 24 hours at 80% of rated or maximum CFA-eligible capacity to…
SWERL reports Rs 0.17 billion net profit in Q3 FY25
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Havells to invest Rs 6 billion in Goldi Solar
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Cygni Energy opens 4.8 GWh BESS gigafactory in Hyderabad
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MNRE revises Waste to Energy guidelines to ease project execution
Author: PPD Team Date: 30/06/2025 On June 27, 2025, the Ministry of New and Renewable Energy (MNRE) issued new guidelines under its Waste to Energy (WTE) Scheme, simplifying the process for projects converting waste into biogas, BioCNG, syngas, or power. These revisions update the earlier versions released in 2018, 2020, and 2022. Revised performance testing norms WTE plants must now demonstrate continuous operation for 24 hours at 80% of rated or maximum CFA-eligible capacity to…
SWERL reports Rs 0.17 billion net profit in Q3 FY25
Author: PPD Team Date: 20/01/2025 Sterling and Wilson Renewable Energy Limited (SWERL) posted a net profit of Rs 0.17 billion for the quarter ending December 2024, recovering from a net loss of Rs 0.62 billion in the same quarter last year. The company’s total income surged by 202.13% to Rs 18.43 billion during the quarter, compared to Rs 6.10 billion in the corresponding period of 2023.
Havells to invest Rs 6 billion in Goldi Solar
Author: PPD Team Date: 15/04/2025 Havells India Limited has signed a binding term sheet to invest Rs 6 billion in Goldi Solar Private Limited. This investment is part of Goldi Solar’s proposed fundraise of up to Rs 13 billion, expected to close within 75 days from the announcement. The move aligns with Havells’ broader strategy to grow its footprint in the renewable energy sector. It aims to offer integrated solutions across energy generation, storage, distribution,…
Cygni Energy opens 4.8 GWh BESS gigafactory in Hyderabad
Author: PPD Team Date: 02/05/2025 Cygni Energy has inaugurated a fully automated battery energy storage system (BESS) gigafactory in Hyderabad with an annual production capacity of 4.8 GWh. The facility, developed with an investment of over Rs 1 billion, is located at E-Mobility Valley in Maheshwaram’s electronics manufacturing cluster. Spanning 160,000 sq. ft., the Phase-I plant will manufacture high-capacity battery packs for electric vehicles and grid-scale storage. Cygni has already secured a 1 GWh order…
Sterlite Power raises Rs 7.25 billion to expand global operations
Author: PPD Team Date: 18/12/2024 Sterlite Power Limited has raised Rs 7.25 billion in its first primary fundraising since becoming independent. The funds were raised through its global products and solutions business. This marks the first fundraising round since the company’s demerger. The round saw participation from GEF Capital Partners and ENAM Holdings. The capital will be used for ongoing capex, enhancing production capacity, developing new products, and expanding into international markets.
Oklo secures environmental permit for fission power plant in US
Author: PPD Team Date: 11/11/2024 Oklo, a fission power and nuclear fuel recycling company, has received an environmental compliance permit from the US Department of Energy (DOE) and Idaho National Laboratory (INL) for its advanced fission power plant site. This permit enables Oklo to proceed with plans to launch the first commercial advanced fission plant in the United States. The permit approval follows a recently completed memorandum of agreement (MoA) with the DOE, initiating site…
MNRE revises Waste to Energy guidelines to ease project execution
Author: PPD Team Date: 30/06/2025 On June 27, 2025, the Ministry of New and Renewable Energy (MNRE) issued new guidelines under its Waste to Energy (WTE) Scheme, simplifying the process for projects converting waste into biogas, BioCNG, syngas, or power. These revisions update the earlier versions released in 2018, 2020, and 2022. Revised performance testing norms WTE plants must now demonstrate continuous operation for 24 hours at 80% of rated or maximum CFA-eligible capacity to…
SWERL reports Rs 0.17 billion net profit in Q3 FY25
Author: PPD Team Date: 20/01/2025 Sterling and Wilson Renewable Energy Limited (SWERL) posted a net profit of Rs 0.17 billion for the quarter ending December 2024, recovering from a net loss of Rs 0.62 billion in the same quarter last year. The company’s total income surged by 202.13% to Rs 18.43 billion during the quarter, compared to Rs 6.10 billion in the corresponding period of 2023.