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.Â
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: December 11, 2024 Teerth Gopicon Private Limited has received a Letter of Award (LoA) worth Rs 2.37 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to set up 37 MW of rooftop solar photovoltaic (PV) power projects on government buildings in Baran and Pali districts. The contract, awarded on December 7, 2024, includes 11 MW in Baran and 26 MW in Pali. The scope of the project includes the design, supply,…
Author: PPD Team Date: March 30, 2026 The Ministry of New and Renewable Energy (MNRE) has extended the implementation timeline for projects under the PM KUSUM scheme, providing relief to developers and state agencies facing financing hurdles. The deadline extension applies to projects where Power Purchase Agreements (PPAs) or Notification to Proceed (NTPs) were signed or issued on or before December 31, 2025. Such projects will now have until March 31, 2027 to achieve completion,…
Author: PPD Team Date: January 15, 2025 Statera Energy has acquired a 680 MW battery energy storage system (BESS) project at Trafford Low Carbon Energy Park in Greater Manchester, known as Carrington Storage. The project is expected to be fully energised by 2026 and will be more than twice the size of Statera’s upcoming 300 MW Thurrock Storage project. Carrington Storage will represent nearly a quarter of the UK’s operational BESS fleet capacity and is…
Author: PPD Team Date: July 4, 2025 Oswal Energies Limited has kicked off its Rs 3.2 billion green hydrogen project with the delivery of the first 1 MW electrolyser stack. The equipment, supplied by Greenzo Energy India Limited, marks the start of a 20 MW project being developed under a build-operate-transfer model. The project targets the chemical and fertiliser sectors as end users. Oswal plans to commission plant capacities between 0.5 MW and 5 MW…
Author: PPD Team Date: December 2, 2025 NTPC has commissioned a 3.7 MW solar hydrogen project in Ladakh. The facility was inaugurated virtually by Defence Minister Rajnath Singh. The company has built a standalone microgrid that uses hydrogen for storage and can supply 200 kW of continuous power year-round. The system is intended to replace diesel generator sets now used at remote army locations. NTPC has stated that the shift will reduce carbon emissions and…
Author: PPD Team Date: June 12, 2025 REC Power Distribution Company Limited (REC PDCL) has transferred WRNES Talegaon Power Transmission Limited, a special purpose vehicle (SPV), to Adani Energy Solutions Limited (AESL). The SPV will implement the Western Region Network Expansion Scheme to support pumped storage potential near Talegaon, Pune. REC PDCL invited Request for Proposal (RFP) bids in October 2024 and acted as the bid process coordinator (BPC) for selecting a transmission service provider…