Author: PPD Team Date: 12/11/2024
Sugs Lloyd has emerged as the lowest bidder for two Bihar government projects worth Rs 3 billion.
The contracts include the supply, installation, testing, and commissioning (SITC) of a power substation along with high-tension (HT) and low-tension (LT) lines.
CEO Satyakam Basu expressed excitement over this milestone, noting that the company is considering an IPO to expand operations and fulfil working capital needs.
Author: PPD Team Date: 29/04/2025 At a meeting of the Consultative Committee of the Ministry of Power on April 28, 2025, the Union Minister for Power and Housing & Urban Affairs, Manohar Lal, presented the government’s roadmap for expanding nuclear power generation in India. The meeting focused on how nuclear energy can support India’s clean energy goals and long-term energy security. The minister highlighted that nuclear energy is not limited to electricity generation. It can…
Author: PPD Team Date: 26/11/2024 Siemens Limited posted strong Q4 FY 2024 financial results, with a 45% increase in profit after tax to Rs 7.75 billion and an 11% revenue rise to Rs 58.94 billion. New orders grew by 37% to Rs 61.64 billion. For the financial year ending September 30, 2024, the company reported a 14% revenue increase to Rs 202.5 billion and a 39% rise in profit after tax to Rs 26.65 billion….
Author: PPD Team Date: 16/12/2024 G R Infraprojects Limited has received a Letter of Intent (LoI) for the Transmission Scheme to integrate the Bijapur Renewable Energy Zone (REZ) in Karnataka. The project was awarded through a tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis. The work is scheduled for completion by December 12, 2026. Power Finance Corporation Consulting Limited (PFCCL) has been appointed as the bid process coordinator for…
Author: PPD Team Date: 24/02/2025 Solarium Green Energy Limited has received Letter of Awards (LoAs) worth Rs 558.46 million from NTPC Vidyut Vyapar Nigam Limited (NVVN) for setting up a cumulative 17.223 MW rooftop solar power projects across four states in India. These include: Setting up a cumulative 10.267 MW rooftop solar power projects under Zone-2 across various locations of the Central Armed Police Forces (CRPFs) and departments under the Ministry of Home Affairs (MHA)…
Author: PPD Team Date: 29/11/2024 The European Investment Bank (EIB) and Naturgy have finalized a €1 billion ($1.05 billion) loan to advance renewable energy projects in Spain. The first tranche of €400 million ($422 million) was signed in Madrid, marking a key milestone in Spain’s energy transition. The funding will support the development of new solar and onshore wind power stations, upgrades to existing facilities for hybrid operation, and battery storage investments. The initiative is…
Author: PPD Team Date: 18/03/2025 India’s renewable energy sector continues to expand with new agreements in wind and solar power. Datta Power Infra, Solarium Green Energy Limited, and Jubilant Infrastructure Limited have each secured deals to support clean energy deployment across the country. Datta Power Infra has signed a power purchase agreement (PPA) with state-owned SJVN to develop a 70 MW wind energy project. This initiative is part of SJVN’s WIND-1 program, which aims to…
Author: PPD Team Date: 29/04/2025 At a meeting of the Consultative Committee of the Ministry of Power on April 28, 2025, the Union Minister for Power and Housing & Urban Affairs, Manohar Lal, presented the government’s roadmap for expanding nuclear power generation in India. The meeting focused on how nuclear energy can support India’s clean energy goals and long-term energy security. The minister highlighted that nuclear energy is not limited to electricity generation. It can…
Author: PPD Team Date: 26/11/2024 Siemens Limited posted strong Q4 FY 2024 financial results, with a 45% increase in profit after tax to Rs 7.75 billion and an 11% revenue rise to Rs 58.94 billion. New orders grew by 37% to Rs 61.64 billion. For the financial year ending September 30, 2024, the company reported a 14% revenue increase to Rs 202.5 billion and a 39% rise in profit after tax to Rs 26.65 billion….
Author: PPD Team Date: 16/12/2024 G R Infraprojects Limited has received a Letter of Intent (LoI) for the Transmission Scheme to integrate the Bijapur Renewable Energy Zone (REZ) in Karnataka. The project was awarded through a tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis. The work is scheduled for completion by December 12, 2026. Power Finance Corporation Consulting Limited (PFCCL) has been appointed as the bid process coordinator for…
Author: PPD Team Date: 24/02/2025 Solarium Green Energy Limited has received Letter of Awards (LoAs) worth Rs 558.46 million from NTPC Vidyut Vyapar Nigam Limited (NVVN) for setting up a cumulative 17.223 MW rooftop solar power projects across four states in India. These include: Setting up a cumulative 10.267 MW rooftop solar power projects under Zone-2 across various locations of the Central Armed Police Forces (CRPFs) and departments under the Ministry of Home Affairs (MHA)…
Author: PPD Team Date: 29/11/2024 The European Investment Bank (EIB) and Naturgy have finalized a €1 billion ($1.05 billion) loan to advance renewable energy projects in Spain. The first tranche of €400 million ($422 million) was signed in Madrid, marking a key milestone in Spain’s energy transition. The funding will support the development of new solar and onshore wind power stations, upgrades to existing facilities for hybrid operation, and battery storage investments. The initiative is…
Author: PPD Team Date: 18/03/2025 India’s renewable energy sector continues to expand with new agreements in wind and solar power. Datta Power Infra, Solarium Green Energy Limited, and Jubilant Infrastructure Limited have each secured deals to support clean energy deployment across the country. Datta Power Infra has signed a power purchase agreement (PPA) with state-owned SJVN to develop a 70 MW wind energy project. This initiative is part of SJVN’s WIND-1 program, which aims to…
Author: PPD Team Date: 29/04/2025 At a meeting of the Consultative Committee of the Ministry of Power on April 28, 2025, the Union Minister for Power and Housing & Urban Affairs, Manohar Lal, presented the government’s roadmap for expanding nuclear power generation in India. The meeting focused on how nuclear energy can support India’s clean energy goals and long-term energy security. The minister highlighted that nuclear energy is not limited to electricity generation. It can…
Author: PPD Team Date: 26/11/2024 Siemens Limited posted strong Q4 FY 2024 financial results, with a 45% increase in profit after tax to Rs 7.75 billion and an 11% revenue rise to Rs 58.94 billion. New orders grew by 37% to Rs 61.64 billion. For the financial year ending September 30, 2024, the company reported a 14% revenue increase to Rs 202.5 billion and a 39% rise in profit after tax to Rs 26.65 billion….