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: July 1, 2025 NTPC Limited has commenced operations of Unit 3 (660 MW) of the Barh Super Thermal Power Project, Stage-I (3×660 MW), located in Bihar. With this, NTPC’s total installed and commercial capacity has increased to 82,080 MW. In a related development, M/s Anand Kumar Singhania has emerged as the lowest (L1) bidder for the construction of a 150-metre reinforced cement concrete (RCC) single flue chimney for Unit 2. The…
Author: PPD Team Date: December 9, 2025 Avaada Group has signed a memorandum of understanding with GRIDCO and the Indian Institute of Technology Bhubaneswar to establish a Centre of Excellence in Odisha focused on green hydrogen. The centre will conduct advanced research on storage, industrial use and mobility applications. It will also study the technical and economic feasibility of new hydrogen technologies. Under the agreement, Avaada Group will create an extension facility of the Centre…
Author: PPD Team Date: March 12, 2025 Power Grid Corporation of India Limited (PGCIL) has awarded multiple contracts for transmission projects in Rajasthan and Uttar Pradesh. Vikran Engineering & Exim Private Limited secured a contract worth Rs 825.54 million for the 400 kV AIS substation package SS-134 under the Transmission System for Evacuation of Power from Renewable Energy Zones (REZ) in Rajasthan (20 GW) Phase-III Part B1. The scope includes the augmentation of transformation capacity…
Author: PPD Team Date: August 21, 2025 The Arunachal Pradesh State Pollution Control Board on Wednesday conducted a public hearing for environmental clearance to the 1,200 MW Kalai-II hydroelectric project in Anjaw district, being developed by THDC India Limited. The hearing, chaired by Anjaw Deputy Commissioner Millo Kojin, was attended by Women and Child Development Minister Dasanglu Pul, THDC officials, and more than 350 project-affected persons from 33 villages. The Rs 14,000 crore project is…
Author: PPD Team Date: August 27, 2025 Jakson Engineers Ltd, part of the Jakson Group, will invest over Rs 8,000 crore to establish a 6 GW integrated solar module, cell, and wafer manufacturing plant at Maksi Phase II in Madhya Pradesh. The facility will be developed in two stages. In Phase I, the company will set up 3 GW of solar modules and 3 GW of solar cell capacity at a cost of about Rs…
Author: PPD Team Date: November 13, 2025 Sembcorp Industries, through its subsidiary Sembcorp Green Infra Private Limited, has been awarded a 150 MW Firm and Dispatchable Renewable Energy (FDRE) project by SJVN Limited. The project follows a build-own-operate framework and forms part of SJVN’s 6,000 MWh (1,500 MW x 4 hours) tender designed to supply reliable peak power through renewable energy integrated with energy storage systems connected to the Inter-State Transmission System (ISTS). To meet…