Author: PPD Team Date: November 12, 2024
Power Finance Corporation Limited (PFC) reported a net profit of Rs 72.15 billion for the quarter ending September 2024, an 8.86 per cent increase from Rs 66.28 billion in the same quarter last year.
The company’s total income also rose by 15.04 per cent, reaching Rs 257.55 billion compared to Rs 223.87 billion in the previous year’s corresponding period.
Author: PPD Team Date: February 24, 2025 GE Power India Limited has received work orders worth Rs 403.38 million from NTPC Limited and M.P. Power Generating Company Limited for supplying steam turbine parts and boiler panel services. The order from NTPC Limited involves supplying steam turbine parts for the Talcher site, to be executed over 15 months. The order from M.P. Power Generating Company Limited includes boiler panel services, scheduled for completion within 80 days….
Author: PPD Team Date: March 6, 2026 Jyoti Structures Limited has completed and commissioned the 400 kV Gadag–II transmission line project in Karnataka for ReNew Power. The project forms part of an interstate transmission system developed to evacuate renewable energy from the Koppal Solar Energy Zone. The project includes 100 circuit kilometres (ckm) of twin High Temperature Low Sag (HTLS) transmission lines connecting the Gadag Power Station and the Koppal Power Station. The line passes…
Author: PPD Team Date: December 23, 2025 On 22 December 2025, Matrix Renewables said it had signed a full Engineering, Procurement, and Construction (EPC) agreement with Tesla for a standalone battery energy storage system. The project has a capacity of 500 MW with a two hour duration, equivalent to 1 GWh, and is located in Eccles, Scotland. This is Matrix Renewables’ first standalone battery energy storage system (BESS) project in the UK. The company said…
Author: PPD Team Date: January 28, 2025 Indian Oil Corporation (IOCL) plans to acquire five to six GW of solar and wind power projects to expand its renewable energy portfolio. The company targets 31 GW of renewable energy capacity by 2031 through organic growth, joint ventures, and mergers and acquisitions. IOCL currently has a renewable energy capacity of 246.94 MW and established Terra Clean, a wholly owned subsidiary, in 2024 to drive clean energy operations….
Author: PPD Team Date: August 29, 2025 ACME Cleantech Solutions Private Limited has won Solar Energy Corporation of India’s (SECI) eleventh green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A-Tranche-I). The company will supply 20,000 tonnes per annum (TPA) of green ammonia to Indorama India Private Limited in Haldia, West Bengal, at a tariff of Rs 64.74 per kg. This marks ACME’s sixth win in SECI’s ongoing series of 13 green…
Author: PPD Team Date: May 1, 2025 Evren has received a USD 100 million investment from ALTÉRRA to develop around 11 GW of solar, wind, and battery storage projects in Rajasthan and Andhra Pradesh. The investment will support the development and construction of these large-scale renewable energy assets. This is ALTÉRRA’s first direct investment in the Global South. The funding comes through the ALTÉRRA acceleration fund, in partnership with the Brookfield Global Transition Fund II…