Author: PPD Team Date: January 20, 2025
Sterling and Wilson Renewable Energy Limited (SWERL) posted a net profit of Rs 0.17 billion for the quarter ending December 2024, recovering from a net loss of Rs 0.62 billion in the same quarter last year.
The company’s total income surged by 202.13% to Rs 18.43 billion during the quarter, compared to Rs 6.10 billion in the corresponding period of 2023.
Author: PPD Team Date: December 12, 2024 India’s nuclear power generation capacity has nearly doubled over the past decade, rising from 4,780 MW in 2014 to 8,180 MW in 2024. Union Minister Dr. Jitendra Singh shared this update during a discussion in the Lok Sabha, he outlined that nuclear power capacity is projected to triple to 22,480 MW by 2031-32. This expansion is driven by initiatives such as bulk reactor approvals, enhanced funding, public-sector collaboration,…
Author: PPD Team Date: July 30, 2025 The Union Government has highlighted multiple steps taken to strengthen disaster-resilient electricity distribution systems in coastal areas, including Maharashtra, through regulatory frameworks and the Revamped Distribution Sector Scheme (RDSS). According to a written reply by Minister of State for Power Shri Shripad Yesso Naik in the Rajya Sabha, works worth Rs 3,088 crore have been sanctioned under RDSS specifically for cyclone-resilient infrastructure in coastal states such as Maharashtra,…
Author: PPD Team Date: December 20, 2024 GE Vernova’s Advanced Research Center has delivered a 3.4MW-140m wind turbine to the National Renewable Energy Laboratory (NREL) for energy research. The wind turbine will serve as a research platform at NREL, focusing on areas such as grid testing, installation technologies, sensors and controls, mechanical systems, aerodynamic solutions, DC coupling, battery energy storage, and hydrogen electrolysers. The project is funded by the US Department of Energy, aligning with…
Author: PPD Team Date: September 1, 2025 SCC Infrastructure Private Limited and InSolare Energy Limited have won Solar Energy Corporation of India’s (SECI) green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A-Tranche-I). The companies will deliver 15,000 tonnes per annum (TPA) of green ammonia to Mangalore Chemicals and Fertilisers in Karnataka at a tariff of Rs 57.65 per kg. This auction marks the twelfth in SECI’s series of 13 tenders for…
Author: PPD Team Date: February 4, 2025 The Union Government has allocated a total outlay of Rs 218.47 billion to the Ministry of Power (MoP) under the Union Budget for 2025-26, announced on February 1, 2025. The key allocations include: Rs 160.21 billion for the Revamped Distribution Sector Scheme (RDSS). Rs 8.5 billion for Strengthening of Power Systems, which includes Rs 3.04 billion for the North Eastern Region Power System Improvement Project (NERPSIP) and Rs…
Author: PPD Team Date: August 12, 2025 Larsen & Toubro has received an order from Adani Power Limited to construct eight thermal power units, each with a capacity of 800 MW, adding a total of 6,400 MW of generation capacity. The contract, categorised by L&T as an “ultra-mega” order, is valued at over Rs 15,000 crore. It will be carried out by L&T Energy – CarbonLite Solutions, the company’s business arm for advanced power and…