Servotech Renewable secures 2.58 MW rooftop solar project
Author: PPD Team Date: October 14, 2025
Author: PPD Team Date: October 14, 2025
Servotech Renewable Power System Ltd. has received a contract for a 2.58 MW grid-connected rooftop solar project from the South Eastern Railway, Ranchi Division.Â
Under the agreement, Servotech will handle the complete execution of the on-grid rooftop solar PV system, including design, manufacturing, supply, installation, testing, and commissioning across multiple sites in the Ranchi Division.
Commenting on the development, Sarika Bhatia, Director of Servotech Renewable Power System Ltd., said the project underscores Indian Railways’ continued confidence in the company’s technical expertise. She added that Servotech will deploy its high-performance solar technology to support the South Eastern Railway’s clean energy transition and help set new benchmarks for sustainability in the transport sector.
The project strengthens Servotech’s association with Indian Railways and aligns with the rail network’s broader goal of achieving net-zero carbon emissions through renewable energy adoption.
Author: PPD Team Date: November 7, 2024 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 the corresponding quarter of the previous year.
Author: PPD Team Date: October 22, 2025 Uttar Pradesh is set to boost its renewable energy capacity with solar projects worth around Rs 35,000 crore. The state aims to reach 22,000 MW by 2027–28, including seven solar parks totaling 3,700 MW. Leading developers such as NHPC, THDC, and Avaada Group are driving these projects. Of the target, 8,000 MW is already operational or under development, with the remaining 14,000 MW planned through solar parks, rooftop…
Author: PPD Team Date: December 9, 2024 Denmark’s largest offshore wind farm tender, launched in April 2024, received no bids, marking a setback for the global offshore wind industry. The tender offered six sites with a combined capacity of up to 10GW, including three in the North Sea and three in the Baltic and Kattegat. The Danish Energy Agency plans to engage with market participants to understand the reasons behind the lack of interest, especially…
Author: PPD Team Date: November 13, 2024 Solex Energy Limited reported robust financial performance in H1 FY2024-25, with total income surging 194% to Rs 2.731 billion, up from Rs 930 million in H1 FY24. EBITDA increased 168% to Rs 253.7 million, and net worth expanded 244% to Rs 1.317 billion, while Return on Equity (ROE) improved to 29.41%, compared to 3.84% in the previous year.
Author: PPD Team Date: March 28, 2025 Uttar Pradesh Power Corporation Limited (UPPCL) has awarded bids for setting up 1,000 MW of Inter-State Transmission System (ISTS)-connected solar power projects across India. The bidding results were announced on March 28, 2025, with three firms securing contracts under the tariff-based competitive bidding (TBCB) process. ReNew Solar Power Private Limited, a subsidiary of ReNew Power Ventures Private Limited, secured 300 MW at a tariff of Rs 2.56 per…
Author: PPD Team Date: September 22, 2025 Emmvee Photovoltaic Power Limited has received clearance from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO). The company filed preliminary documents with SEBI in July 2025, seeking to raise Rs 30 billion through the IPO. The offering comprises a fresh issue of shares worth about Rs 21.43 billion and an offer for sale of promoter-held shares valued at roughly Rs…