Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a letter of intent (LoI) to develop solar power projects with a total capacity of 9 MW under the company’s captive power producer (CPP) segment.Â
The projects are scheduled for completion in various tranches by May 2025.
Vikran Engineering Ltd (VEL) has secured a Rs 3.54 billion turnkey EPC contract from Ellume Energy MH SolarOne for a 100 MW AC (120 MW DC) solar power project in Maharashtra. The contract covers complete design, engineering, procurement, construction, installation, testing, and commissioning on a lump-sum turnkey basis.  Chairman and Managing Director Rakesh Markhedkar said…
PNC Infratech Limited has received a letter of award from NHPC Limited to develop a 300 MW interstate transmission system (ISTS)-connected solar project integrated with 150 MW/600 MWh of energy storage. The project was secured through tariff-based competitive bidding at a discovered tariff of ₹3.13 per kWh. NHPC will sign a 25-year power purchase agreement…
India’s Quality Power Electrical Equipments Limited has secured an international order worth about Rs 48.3 crore, excluding taxes, for the supply of high-voltage reactors to a data centre project in the United States of America. The awarding entity has not been disclosed due to a binding non-disclosure agreement. The contract is classified as a single…
REC Limited and Power Finance Corporation (PFC) have both posted significant profit growth for the first quarter of FY26. REC reported its highest-ever quarterly net profit of Rs 4,451 crore, marking a 29 per cent rise compared to the previous year. Disbursements for the quarter reached Rs 59,508 crore, a 36 per cent increase year-on-year….
Kalpataru Projects International Limited (KPIL) and its international subsidiaries have secured new orders worth Rs 23.06 billion. The contracts include transmission and distribution (T&D) projects in overseas markets and building projects in India. With these latest deals, KPIL’s total order intake for 2024-2025 has reached approximately Rs 225 billion.  KPIL reported a net profit of…
China National Nuclear Corporation (CNNC) has launched commercial operations of Unit 1 at the Zhangzhou nuclear power project in Fujian Province, contributing to China’s energy diversification and carbon neutrality goals. The 1.12GW Unit 1, connected to the grid in November 2024, adheres to advanced technical and safety standards. Managed by China National Nuclear Power, a…