Author: PPD Team Date: November 5, 2024
Suzlon Group reported a net profit of Rs 2 billion for the quarter ending September 2024, marking a 96% increase from Rs 1.02 billion in the same period last year.
Total income rose by approximately 48% to Rs 21.21 billion, up from Rs 14.29 billion in the corresponding quarter of the previous year.
Author: PPD Team Date: November 27, 2025 Solex Energy has started commercial production at its 2.2 GW solar module facility in Surat. The company confirmed in a regulatory filing that production began on November 24, 2025. Managing Director Chetan Shah recently outlined the company’s plan to shift from TOPCon to TOPCon Plus and back contact technology. He said this move supports Solex Energy’s long term roadmap to strengthen rear contact technology in its product line….
Author: PPD Team Date: December 9, 2024 The Ministry of Environment, Forest, and Climate Change (MoEFCC) recently reviewed and deliberated on the expansion of several major thermal power projects: Raigarh Thermal Power Plant ExpansionAdani Power Limited proposed expanding the Raigarh Thermal Power Plant in Chhattisgarh by adding 1,600 MW (2×800 MW) Ultra Supercritical units to the existing 600 MW plant. The project, spanning several villages in Raigarh district, entails a capital cost of Rs 136…
Author: PPD Team Date: April 1, 2025 Tiruchirappalli City Municipal Corporation has announced plans to develop a 19.2 MW solar power project in Panjappur under its 2025-26 budget. The project, which includes both rooftop and ground-mounted solar installations, is estimated to cost Rs 1,150 million. The rooftop solar panels will be installed on key structures, including the integrated bus terminus and the Tamil Nadu Industrial Development Electronics Limited (TIDEL) park. Meanwhile, ground-mounted solar panels will…
Author: PPD Team Date: December 3, 2024 The Odisha government has approved proposals from Grew Energy, Saatvik Solar, Jakson Engineers, and Jupiter Renewables to establish solar cell and module manufacturing facilities, totalling an investment of over Rs 92 billion. Grew Energy: Plans to invest Rs 45.3 billion in Ganjam to set up an ingot-to-solar module facility. Saatvik Solar Industries: Intends to invest Rs 13.67 billion in a solar factory in Khurda. Jakson Engineers: Aims to…
Author: PPD Team Date: December 1, 2025 Serentica Renewables is planning to raise $6 to $8 billion over the next five years. This capital will fuel acquisitions and new projects, aiming to more than double its operational capacity. According to Chairman Pratik Agarwal, the company’s broader goal is to invest $10-11 billion to scale its portfolio to 17 GW by 2029-2030. Currently operating 2 GW of solar and wind capacity, Serentica expects an additional 2…
Author: PPD Team Date: November 6, 2024 In October, India’s renewable energy sector surged with 16 new tenders, totalling a capacity of 11,098 MW. Auctions allocated 6,316 MW to various developers, pushing India’s total renewable capacity beyond 200 GW, including large hydro, while total electricity generation capacity reached 452.69 GW. Rajasthan, Gujarat, Tamil Nadu, and Karnataka led in renewable installations. Key tenders included NHPC’s 1,200 MW solar and SECI’s 1,200 MW round-the-clock renewables. NTPC launched…