Author: PPD Team Date: 12/02/2025
Shakti Pumps Limited has set up a wholly owned subsidiary, Shakti EV Mobility Private Limited, with a consolidated investment of Rs 350 million through the subscription of 3,000,000 equity shares of Rs 10 each.
The new entity will focus on manufacturing, processing, trading, and distributing electric vehicle (EV) motors and charger controllers. The subsidiary aims to expand its presence in the EV mobility sector.
Author: PPD Team Date: 10/03/2025 The Australian government has introduced a National Renewable Energy Priority List to expedite approvals for key renewable energy generation, storage, and transmission projects. The initiative, led by the Department of Climate Change, Energy, the Environment and Water (DCCEEW), aims to streamline regulatory processes while ensuring environmental compliance under the Environment Protection and Biodiversity Conservation (EPBC) Act. The first Priority List includes 32 renewable energy projects exceeding 30 MW, featuring solar,…
Author: PPD Team Date: 30/10/2024 Hitachi Energy India Ltd reported a record-high order backlog of Rs 89.1 billion as of September 30, 2024, marking unprecedented revenue visibility for upcoming quarters. Orders for the quarter ending September 30 totalled Rs 19.52 billion, reflecting an 11.7% year-on-year increase, driven largely by renewable projects in utilities, power quality, and substations. Notable contributions also came from expansions and efficiency upgrades in existing plants, with significant orders from the transformer…
Author: PPD Team Date: 02/12/2024 Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder (L1) by quoting Rs 6,425.65 million in Package 3 for Central zone (Ludhiana city (east), Ludhiana city (west), Ludhiana (sub), and Khanna including Fatehgarh Sahib district) for development of distribution infrastructure work for execution of low tension (LT) and high tension (HT) infrastructure loss reduction works under the Punjab Revamped Distribution Sector Scheme (RDSS). Punjab State Power Corporation Limited…
Author: PPD Team Date: 04/12/2024 The National Committee on Transmission (NCT) recently approved the Eastern Region Expansion Scheme-44 (ERES-44), estimated to cost Rs 3.85 billion, to be executed by Power Grid Corporation of India Ltd (PGCIL) under the Regulated Tariff Mechanism (RTM). The project will modernize the ageing 220 kV transmission network in the Eastern region, including cross-border lines with Bhutan. It involves replacing existing conductors with High-Temperature Low Sag (HTLS) conductors, capable of handling…
Author: PPD Team Date: 12/11/2024 Saatvik Solar has entered into a contract with G2H Solar to supply 200 MW of high-efficiency solar photovoltaic (PV) modules for projects across India. The modules, featuring advanced mono PERC bifacial half-cut technology with power ratings of 540/550 Wp, will be delivered over 12 months starting in January 2025.
Author: PPD Team Date: 11/11/2024 India’s climate policies are on track to reduce carbon dioxide emissions by around four billion tonnes from 2020 to 2030, leading to a 24% drop in coal-based power generation, according to a report by the Council on Energy, Environment and Water (CEEW). This projection surpasses India’s COP26 commitment to reduce emissions by one billion tonnes by 2030. CEEW’s analysis reveals that policies across India’s power, residential, and transport sectors saved…
Author: PPD Team Date: 10/03/2025 The Australian government has introduced a National Renewable Energy Priority List to expedite approvals for key renewable energy generation, storage, and transmission projects. The initiative, led by the Department of Climate Change, Energy, the Environment and Water (DCCEEW), aims to streamline regulatory processes while ensuring environmental compliance under the Environment Protection and Biodiversity Conservation (EPBC) Act. The first Priority List includes 32 renewable energy projects exceeding 30 MW, featuring solar,…
Author: PPD Team Date: 30/10/2024 Hitachi Energy India Ltd reported a record-high order backlog of Rs 89.1 billion as of September 30, 2024, marking unprecedented revenue visibility for upcoming quarters. Orders for the quarter ending September 30 totalled Rs 19.52 billion, reflecting an 11.7% year-on-year increase, driven largely by renewable projects in utilities, power quality, and substations. Notable contributions also came from expansions and efficiency upgrades in existing plants, with significant orders from the transformer…
Author: PPD Team Date: 02/12/2024 Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder (L1) by quoting Rs 6,425.65 million in Package 3 for Central zone (Ludhiana city (east), Ludhiana city (west), Ludhiana (sub), and Khanna including Fatehgarh Sahib district) for development of distribution infrastructure work for execution of low tension (LT) and high tension (HT) infrastructure loss reduction works under the Punjab Revamped Distribution Sector Scheme (RDSS). Punjab State Power Corporation Limited…
Author: PPD Team Date: 04/12/2024 The National Committee on Transmission (NCT) recently approved the Eastern Region Expansion Scheme-44 (ERES-44), estimated to cost Rs 3.85 billion, to be executed by Power Grid Corporation of India Ltd (PGCIL) under the Regulated Tariff Mechanism (RTM). The project will modernize the ageing 220 kV transmission network in the Eastern region, including cross-border lines with Bhutan. It involves replacing existing conductors with High-Temperature Low Sag (HTLS) conductors, capable of handling…
Author: PPD Team Date: 12/11/2024 Saatvik Solar has entered into a contract with G2H Solar to supply 200 MW of high-efficiency solar photovoltaic (PV) modules for projects across India. The modules, featuring advanced mono PERC bifacial half-cut technology with power ratings of 540/550 Wp, will be delivered over 12 months starting in January 2025.
Author: PPD Team Date: 11/11/2024 India’s climate policies are on track to reduce carbon dioxide emissions by around four billion tonnes from 2020 to 2030, leading to a 24% drop in coal-based power generation, according to a report by the Council on Energy, Environment and Water (CEEW). This projection surpasses India’s COP26 commitment to reduce emissions by one billion tonnes by 2030. CEEW’s analysis reveals that policies across India’s power, residential, and transport sectors saved…
Author: PPD Team Date: 10/03/2025 The Australian government has introduced a National Renewable Energy Priority List to expedite approvals for key renewable energy generation, storage, and transmission projects. The initiative, led by the Department of Climate Change, Energy, the Environment and Water (DCCEEW), aims to streamline regulatory processes while ensuring environmental compliance under the Environment Protection and Biodiversity Conservation (EPBC) Act. The first Priority List includes 32 renewable energy projects exceeding 30 MW, featuring solar,…
Author: PPD Team Date: 30/10/2024 Hitachi Energy India Ltd reported a record-high order backlog of Rs 89.1 billion as of September 30, 2024, marking unprecedented revenue visibility for upcoming quarters. Orders for the quarter ending September 30 totalled Rs 19.52 billion, reflecting an 11.7% year-on-year increase, driven largely by renewable projects in utilities, power quality, and substations. Notable contributions also came from expansions and efficiency upgrades in existing plants, with significant orders from the transformer…