Author: PPD Team Date: 05/11/2024
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: 13/02/2025 THDC India Limited has commenced commercial operations of Unit I at the Khurja Super Thermal Power Project in Bulandshahr district, Uttar Pradesh. The project, a joint venture between the Union Government and the Government of Uttar Pradesh, involves the development of two units of 660 MW each at an investment of Rs 110.89 billion. THDC declared the commercial operation date (COD) for Unit I as January 26, 2025. Earlier, on…
Author: PPD Team Date: 18/12/2024 VCI Global aims to develop and acquire up to 100 MW of solar photovoltaic (PV) projects across Southeast Asia and Europe within the next five years, generating an estimated $200 million in revenue over 20 years. The company plans to source at least 70 percent of this capacity from projects in Malaysia, leveraging government programs like the Corporate Renewable Energy Supply Scheme (CRESS). Additionally, VCI Global intends to acquire 30…
Author: PPD Team Date: 12/02/2025 Bharat Heavy Electricals Ltd (BHEL) has received a letter of intent (LoI) from Damodar Valley Corporation (DVC) for a Rs 62 billion contract related to the steam generator island package for DVC’s 2×660-MW Raghunathpur thermal power station (Phase-II) in Purulia district, West Bengal. The contract was awarded through an international competitive bidding process and includes the supply, erection, testing, and commissioning of steam generators, auxiliaries, electrostatic precipitators (ESP), flue gas…
Author: PPD Team Date: 06/11/2024 Primergy Solar has secured $225 million in project financing for its Valley of Fire (VoF) renewable energy portfolio across Nevada, Colorado, and Arizona. This financing includes a $125 million tax credit sale for the Gemini Solar + Storage project and a $100 million revolving credit facility from Rabobank to support additional VoF developments. The VoF portfolio comprises the recently commissioned Gemini Solar + Storage project and five other ventures, collectively…
Author: PPD Team Date: 06/11/2024 Airox Nigen has launched a 1 MW green hydrogen system in Russia, marking a significant step in its global expansion and commitment to environmental sustainability. This system, designed to produce hydrogen without greenhouse gas emissions, aligns with Airox Nigen’s strategy to strengthen its international presence and contribute to the global shift towards renewable energy. Through these installations, the company aims to reduce carbon footprints and support climate change mitigation efforts…
Author: PPD Team Date: 24/04/2025 Jindal Stainless Limited (JSL) has successfully commissioned rooftop and floating solar power projects with a cumulative capacity of 30.34 MWp at its manufacturing plant in Jajpur, Odisha. The projects were commissioned on April 22, 2025, with 23.02 MWp from rooftop solar systems and 7.32 MWp from a floating solar plant. AB Energia Solutions Private Limited served as the engineering, procurement, and construction (EPC) contractor for the project. The floating solar…
Author: PPD Team Date: 13/02/2025 THDC India Limited has commenced commercial operations of Unit I at the Khurja Super Thermal Power Project in Bulandshahr district, Uttar Pradesh. The project, a joint venture between the Union Government and the Government of Uttar Pradesh, involves the development of two units of 660 MW each at an investment of Rs 110.89 billion. THDC declared the commercial operation date (COD) for Unit I as January 26, 2025. Earlier, on…
Author: PPD Team Date: 18/12/2024 VCI Global aims to develop and acquire up to 100 MW of solar photovoltaic (PV) projects across Southeast Asia and Europe within the next five years, generating an estimated $200 million in revenue over 20 years. The company plans to source at least 70 percent of this capacity from projects in Malaysia, leveraging government programs like the Corporate Renewable Energy Supply Scheme (CRESS). Additionally, VCI Global intends to acquire 30…
Author: PPD Team Date: 12/02/2025 Bharat Heavy Electricals Ltd (BHEL) has received a letter of intent (LoI) from Damodar Valley Corporation (DVC) for a Rs 62 billion contract related to the steam generator island package for DVC’s 2×660-MW Raghunathpur thermal power station (Phase-II) in Purulia district, West Bengal. The contract was awarded through an international competitive bidding process and includes the supply, erection, testing, and commissioning of steam generators, auxiliaries, electrostatic precipitators (ESP), flue gas…
Author: PPD Team Date: 06/11/2024 Primergy Solar has secured $225 million in project financing for its Valley of Fire (VoF) renewable energy portfolio across Nevada, Colorado, and Arizona. This financing includes a $125 million tax credit sale for the Gemini Solar + Storage project and a $100 million revolving credit facility from Rabobank to support additional VoF developments. The VoF portfolio comprises the recently commissioned Gemini Solar + Storage project and five other ventures, collectively…
Author: PPD Team Date: 06/11/2024 Airox Nigen has launched a 1 MW green hydrogen system in Russia, marking a significant step in its global expansion and commitment to environmental sustainability. This system, designed to produce hydrogen without greenhouse gas emissions, aligns with Airox Nigen’s strategy to strengthen its international presence and contribute to the global shift towards renewable energy. Through these installations, the company aims to reduce carbon footprints and support climate change mitigation efforts…
Author: PPD Team Date: 24/04/2025 Jindal Stainless Limited (JSL) has successfully commissioned rooftop and floating solar power projects with a cumulative capacity of 30.34 MWp at its manufacturing plant in Jajpur, Odisha. The projects were commissioned on April 22, 2025, with 23.02 MWp from rooftop solar systems and 7.32 MWp from a floating solar plant. AB Energia Solutions Private Limited served as the engineering, procurement, and construction (EPC) contractor for the project. The floating solar…
Author: PPD Team Date: 13/02/2025 THDC India Limited has commenced commercial operations of Unit I at the Khurja Super Thermal Power Project in Bulandshahr district, Uttar Pradesh. The project, a joint venture between the Union Government and the Government of Uttar Pradesh, involves the development of two units of 660 MW each at an investment of Rs 110.89 billion. THDC declared the commercial operation date (COD) for Unit I as January 26, 2025. Earlier, on…
Author: PPD Team Date: 18/12/2024 VCI Global aims to develop and acquire up to 100 MW of solar photovoltaic (PV) projects across Southeast Asia and Europe within the next five years, generating an estimated $200 million in revenue over 20 years. The company plans to source at least 70 percent of this capacity from projects in Malaysia, leveraging government programs like the Corporate Renewable Energy Supply Scheme (CRESS). Additionally, VCI Global intends to acquire 30…