Author: PPD Team Date: 27/11/2024
Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, subsidiaries of Premier Energies Limited, have secured contracts worth Rs 10.87 billion for the supply of solar modules and cells in India as of November 25, 2024.
The contracts include Rs 9.64 billion for solar modules and Rs 1.23 billion for solar cells.
Deliveries are expected to commence in January 2025.
Author: PPD Team Date: 20/11/2024 Schneider Electric Infrastructure Ltd (SEIL) has reported a 14.3% year-on-year growth in its order backlog, which stood at Rs 13.89 billion as of September 30, 2024. The company also noted robust growth in order inflows during FY25. In Q2FY25 (July to September), SEIL achieved an order inflow of Rs 5.72 billion, a 16.3% increase from Rs 4.92 billion in Q2FY24. For H1FY25 (April to September), order inflows rose by 17.5%,…
Author: PPD Team Date: 30/01/2025 The Union Ministry of New and Renewable Energy (MNRE) has notified the Solar Systems, Devices, and Components Goods Order, 2025, revising and superseding the Solar Photovoltaics, Systems, Devices, and Components Goods (Requirements for Compulsory Registration) Order, 2017. The new order, published in the Gazette of India on January 27, 2025, under the Bureau of Indian Standards (BIS) Act, 2016, will come into effect 180 days from the publication date. It…
Author: PPD Team Date: 23/12/2024 Excelsior Energy Capital has entered a multi-year agreement with LG Energy Solution Vertech for a 7.5 gigawatt hour (GWh) reservation to support its US clean energy projects. This agreement ensures a steady supply of high-quality battery energy storage systems (BESS) for Excelsior’s standalone and hybrid energy storage projects across the country. From 2026, the batteries will be produced at LG Energy Solution Vertech’s advanced US facilities, strengthening supply chain security….
Author: PPD Team Date: 20/11/2024 HydrogenPro and J.H.K. have formed an exclusive partnership to drive green hydrogen projects in Germany, Austria, and the Benelux region. Under this agreement, HydrogenPro will supply advanced high-pressure alkaline electrolyser technology, while J.H.K. will act as the plant integrator and EPC contractor, managing project implementation and delivery. The partnership targets green hydrogen projects ranging from 5 to 50 MW, combining HydrogenPro’s expertise in electrolysis with J.H.K.’s experience in balance-of-plant integration…
Author: PPD Team Date: 31/12/2024 Power Mech Projects Limited has secured a Rs 1.86 billion contract from Jaiprakash Power Ventures Limited (JPVL) to provide operation and maintenance (O&M) services for the 2×660 MW Jaypee Nigrie super thermal power plant in Madhya Pradesh. The contract covers five years, with a first-year value of Rs 31 million per month. From January 2026, a monthly price escalation will apply based on the wholesale price index.
Author: PPD Team Date: 30/12/2024 PFC Consulting Limited, a wholly owned subsidiary of Power Finance Corporation Limited, has invited bids for a transmission project “Execution of System Strengthening/Upgradation Works and Intra-State Transmission System projects by Creation/Augmentation of Grid Stations and Laying of Transmission Lines in the state of J&K.” The last date for seeking clarifications is 15 January 2025, while responses to the Request for Proposal (RFP) have to be submitted by 28 February 2025.
Author: PPD Team Date: 20/11/2024 Schneider Electric Infrastructure Ltd (SEIL) has reported a 14.3% year-on-year growth in its order backlog, which stood at Rs 13.89 billion as of September 30, 2024. The company also noted robust growth in order inflows during FY25. In Q2FY25 (July to September), SEIL achieved an order inflow of Rs 5.72 billion, a 16.3% increase from Rs 4.92 billion in Q2FY24. For H1FY25 (April to September), order inflows rose by 17.5%,…
Author: PPD Team Date: 30/01/2025 The Union Ministry of New and Renewable Energy (MNRE) has notified the Solar Systems, Devices, and Components Goods Order, 2025, revising and superseding the Solar Photovoltaics, Systems, Devices, and Components Goods (Requirements for Compulsory Registration) Order, 2017. The new order, published in the Gazette of India on January 27, 2025, under the Bureau of Indian Standards (BIS) Act, 2016, will come into effect 180 days from the publication date. It…
Author: PPD Team Date: 23/12/2024 Excelsior Energy Capital has entered a multi-year agreement with LG Energy Solution Vertech for a 7.5 gigawatt hour (GWh) reservation to support its US clean energy projects. This agreement ensures a steady supply of high-quality battery energy storage systems (BESS) for Excelsior’s standalone and hybrid energy storage projects across the country. From 2026, the batteries will be produced at LG Energy Solution Vertech’s advanced US facilities, strengthening supply chain security….
Author: PPD Team Date: 20/11/2024 HydrogenPro and J.H.K. have formed an exclusive partnership to drive green hydrogen projects in Germany, Austria, and the Benelux region. Under this agreement, HydrogenPro will supply advanced high-pressure alkaline electrolyser technology, while J.H.K. will act as the plant integrator and EPC contractor, managing project implementation and delivery. The partnership targets green hydrogen projects ranging from 5 to 50 MW, combining HydrogenPro’s expertise in electrolysis with J.H.K.’s experience in balance-of-plant integration…
Author: PPD Team Date: 31/12/2024 Power Mech Projects Limited has secured a Rs 1.86 billion contract from Jaiprakash Power Ventures Limited (JPVL) to provide operation and maintenance (O&M) services for the 2×660 MW Jaypee Nigrie super thermal power plant in Madhya Pradesh. The contract covers five years, with a first-year value of Rs 31 million per month. From January 2026, a monthly price escalation will apply based on the wholesale price index.
Author: PPD Team Date: 30/12/2024 PFC Consulting Limited, a wholly owned subsidiary of Power Finance Corporation Limited, has invited bids for a transmission project “Execution of System Strengthening/Upgradation Works and Intra-State Transmission System projects by Creation/Augmentation of Grid Stations and Laying of Transmission Lines in the state of J&K.” The last date for seeking clarifications is 15 January 2025, while responses to the Request for Proposal (RFP) have to be submitted by 28 February 2025.
Author: PPD Team Date: 20/11/2024 Schneider Electric Infrastructure Ltd (SEIL) has reported a 14.3% year-on-year growth in its order backlog, which stood at Rs 13.89 billion as of September 30, 2024. The company also noted robust growth in order inflows during FY25. In Q2FY25 (July to September), SEIL achieved an order inflow of Rs 5.72 billion, a 16.3% increase from Rs 4.92 billion in Q2FY24. For H1FY25 (April to September), order inflows rose by 17.5%,…
Author: PPD Team Date: 30/01/2025 The Union Ministry of New and Renewable Energy (MNRE) has notified the Solar Systems, Devices, and Components Goods Order, 2025, revising and superseding the Solar Photovoltaics, Systems, Devices, and Components Goods (Requirements for Compulsory Registration) Order, 2017. The new order, published in the Gazette of India on January 27, 2025, under the Bureau of Indian Standards (BIS) Act, 2016, will come into effect 180 days from the publication date. It…