Author: PPD Team Date: 05/11/2024
Premier Energies International and Premier Energies Photovoltaic, subsidiaries of Premier Energies, have received and accepted multiple orders totalling Rs 5.6 billion.
Two large independent power producers (IPPs) and others have awarded the contracts. These orders comprise Rs 5.13 billion for solar modules and Rs 470 million for solar cells.
The supply of these modules will commence in December 2024 and is expected to conclude by May 2025.
Author: PPD Team Date: 06/01/2025 Sahaj Solar has won a contract from the Tripura Renewable Energy Development Agency (TREDA) to solarise 2 HP grid-connected agricultural pumps under the PM-KUSUM scheme’s Component C. The project involves designing, surveying, manufacturing, supplying, and commissioning 3 kWp grid-connected power plants with interfacing devices for the pumps. It also includes a five-year warranty, annual maintenance contract, and insurance coverage on a turnkey basis.
Author: PPD Team Date: 05/11/2024 SBEC Systems (India) has commissioned a 632 KWp solar power project at G S Pharmbutor’s Nutrition Division, located within the Modi Steel Compound in Modinagar, Uttar Pradesh. The project became operational on November 5, 2024. This initiative aligns with SBEC Systems’ focus on engineering and consultancy services across various industries, emphasizing their commitment to advancing renewable energy solutions.
Author: PPD Team Date: 18/10/2024 Polycab India Ltd reported significant growth in its wire and cable business for Q2 FY25 (July to September). The company’s wire and cable revenue rose 23% year-on-year to Rs 46.07 billion, driven by favorable commodity prices and strong market demand. Domestically, the institutional segment surpassed distribution, and wires outperformed cables. Internationally, the business saw a 36% quarter-on-quarter increase, contributing 6.1% to Polycab’s total revenue. However, EBIT margins dropped to 12.3%,…
Author: PPD Team Date: 12/12/2024 RWE and TotalEnergies have chosen the port of Eemshaven in the Dutch North Sea as the assembly and construction base for their joint offshore wind project, OranjeWind. Located in the northern Groningen province, Eemshaven will serve as the hub for turbine assembly and construction activities in collaboration with Buss Terminal Eemshaven. Construction at the offshore site is set to begin in early 2026, with turbine components and inter-array cabling to…
Author: PPD Team Date: 03/02/2025 Damodar Valley Corporation (DVC) and Haryana Power Purchase Centre (HPPC) signed a 25-year Power Purchase Agreement (PPA) to supply 800 MW of power from 2028-29 through three thermal power projects (TPPs) in Haryana on January 29, 2025. The bifurcated quantity to be supplied from projects are – 300 MW from Raghunathpur Power Project Phase II: The project involves Phase II expansion of the Raghunathpur Thermal Power Plant in the state…
Author: PPD Team Date: 24/01/2025 North Eastern Electric Power Corporation Limited (NEEPCO) invited bids for Package III: electro-mechanical (E&M) works for the 186 MW Tato-I Hydro Electric Project on January 21, 2025. The bid submission deadline is March 22, 2025. The work is expected to cost of Rs 3,384.8 million. The project, estimated at Rs 17.50 billion, will be located in Shi Yomi District, Arunachal Pradesh. With an installed capacity of 186 MW (3 x…