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: 21/10/2024 NTPC has released the results of its 1.2 GW ISTS-connected solar projects auction. The winning companies include SAEL Industries, Rays Power Infra, Refex Green, ReNew Solar, and Illuminate Hybren (Mahindra Susten). SAEL secured 300 MW, Rays Power 100 MW, and Refex Green 100 MW, all at a tariff of Rs 2.50 per kWh. ReNew Solar and Illuminate Hybren were awarded 300 MW and 176 MW at a tariff of Rs…
Author: PPD Team Date: 30/10/2024 The European Union has allocated up to €36 million to thyssenkrupp nucera’s advanced Solid Oxide Electrolyzer Cell (SOEC) project, supporting the construction of a 300 MW green hydrogen production plant. Utilizing SOEC technology licensed by Fraunhofer IKTS, the project leverages high-temperature electrolysis to produce green hydrogen and synthesis gas with enhanced efficiency and cost advantages for various industrial applications. This funding aligns with the EU’s climate objectives to promote energy…
Author: PPD Team Date: 30/12/2024 KEC International Ltd has transferred its cables business to KEC Asian Cables Ltd (KACL), a subsidiary, via a slump sale on a going-concern basis. A business transfer agreement (BTA) was executed on December 30, 2024. KACL will pay Rs 1.25 billion to KEC International for the slump sale. KEC International holds a 95% equity stake in KACL, with the remaining 5% owned by KEC Power India Pvt Ltd (KPIPL), a…
Author: PPD Team Date: 08/04/2025 Tata Power has received approval from the Maharashtra Electricity Regulatory Commission (MERC) to install a 100 MW Battery Energy Storage System (BESS) in Mumbai. The project will be completed over the next two years. The system includes advanced ‘black start’ functionality. This feature allows a quick restoration of power to key infrastructure—such as the metro, hospitals, the airport, and data centers—during grid failures. It is aimed at preventing widespread blackouts…
Author: PPD Team Date: 14/02/2025 BGR Tech Limited has introduced its 100 kW hydrogen purification system designed to enhance electrolysis-based hydrogen purification. This newly developed system delivers 99.999 per cent pure, fuel cell-grade hydrogen and is engineered to operate at high pressures of up to 30 bar. The system’s modular structure allows for scalability, making it suitable for a wide range of industrial applications. The purified hydrogen can be used for fuel cells, combustion engines,…
Author: PPD Team Date: 07/02/2025 Power Machines (India) Limited has won a contract worth Rs 11.19 billion for electro-mechanical (E&M) works (Lot-III) of the Kwar Hydro Electric Project (HEP). Chenab Valley Power Projects Private Limited (CVPP) invited bids for the project in May 2024. The work is expected to be completed in 40 months. The Kwar HEP is a run-of-river (RoR) scheme on the Chenab River near Padyarna village in Kishtwar district, Jammu region. CVPP…
Author: PPD Team Date: 21/10/2024 NTPC has released the results of its 1.2 GW ISTS-connected solar projects auction. The winning companies include SAEL Industries, Rays Power Infra, Refex Green, ReNew Solar, and Illuminate Hybren (Mahindra Susten). SAEL secured 300 MW, Rays Power 100 MW, and Refex Green 100 MW, all at a tariff of Rs 2.50 per kWh. ReNew Solar and Illuminate Hybren were awarded 300 MW and 176 MW at a tariff of Rs…
Author: PPD Team Date: 30/10/2024 The European Union has allocated up to €36 million to thyssenkrupp nucera’s advanced Solid Oxide Electrolyzer Cell (SOEC) project, supporting the construction of a 300 MW green hydrogen production plant. Utilizing SOEC technology licensed by Fraunhofer IKTS, the project leverages high-temperature electrolysis to produce green hydrogen and synthesis gas with enhanced efficiency and cost advantages for various industrial applications. This funding aligns with the EU’s climate objectives to promote energy…
Author: PPD Team Date: 30/12/2024 KEC International Ltd has transferred its cables business to KEC Asian Cables Ltd (KACL), a subsidiary, via a slump sale on a going-concern basis. A business transfer agreement (BTA) was executed on December 30, 2024. KACL will pay Rs 1.25 billion to KEC International for the slump sale. KEC International holds a 95% equity stake in KACL, with the remaining 5% owned by KEC Power India Pvt Ltd (KPIPL), a…
Author: PPD Team Date: 08/04/2025 Tata Power has received approval from the Maharashtra Electricity Regulatory Commission (MERC) to install a 100 MW Battery Energy Storage System (BESS) in Mumbai. The project will be completed over the next two years. The system includes advanced ‘black start’ functionality. This feature allows a quick restoration of power to key infrastructure—such as the metro, hospitals, the airport, and data centers—during grid failures. It is aimed at preventing widespread blackouts…
Author: PPD Team Date: 14/02/2025 BGR Tech Limited has introduced its 100 kW hydrogen purification system designed to enhance electrolysis-based hydrogen purification. This newly developed system delivers 99.999 per cent pure, fuel cell-grade hydrogen and is engineered to operate at high pressures of up to 30 bar. The system’s modular structure allows for scalability, making it suitable for a wide range of industrial applications. The purified hydrogen can be used for fuel cells, combustion engines,…
Author: PPD Team Date: 07/02/2025 Power Machines (India) Limited has won a contract worth Rs 11.19 billion for electro-mechanical (E&M) works (Lot-III) of the Kwar Hydro Electric Project (HEP). Chenab Valley Power Projects Private Limited (CVPP) invited bids for the project in May 2024. The work is expected to be completed in 40 months. The Kwar HEP is a run-of-river (RoR) scheme on the Chenab River near Padyarna village in Kishtwar district, Jammu region. CVPP…
Author: PPD Team Date: 21/10/2024 NTPC has released the results of its 1.2 GW ISTS-connected solar projects auction. The winning companies include SAEL Industries, Rays Power Infra, Refex Green, ReNew Solar, and Illuminate Hybren (Mahindra Susten). SAEL secured 300 MW, Rays Power 100 MW, and Refex Green 100 MW, all at a tariff of Rs 2.50 per kWh. ReNew Solar and Illuminate Hybren were awarded 300 MW and 176 MW at a tariff of Rs…
Author: PPD Team Date: 30/10/2024 The European Union has allocated up to €36 million to thyssenkrupp nucera’s advanced Solid Oxide Electrolyzer Cell (SOEC) project, supporting the construction of a 300 MW green hydrogen production plant. Utilizing SOEC technology licensed by Fraunhofer IKTS, the project leverages high-temperature electrolysis to produce green hydrogen and synthesis gas with enhanced efficiency and cost advantages for various industrial applications. This funding aligns with the EU’s climate objectives to promote energy…