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.
Global green technology leader Envision Energy has partnered with Samruk Energy and Kazakhstan Utility Systems to support Kazakhstan’s renewable energy transition by establishing local manufacturing facilities for wind turbines and energy storage systems. The initiative will focus on producing smart wind turbines and energy storage systems locally, reducing transportation costs, minimizing environmental impact, and fostering…
Sterlite Power has announced the commissioning of the Nangalbibra─Bongaigaon Inter-State Power Transmission Project. The project was implemented under a tariff-based competitive bidding (TBCB) process on a build, own, operate, and maintain (BOOM) basis. PFC Consulting Limited (PFCCL) was appointed as the bid process coordinator by the Ministry of Power (MoP) in September 2020. The scope…
NTPC Green Energy Limited has announced that 212.5 MW from the 1,255 MW Khavda-I solar photovoltaic project developed by NTPC Renewable Energy Limited has commenced commercial operations from 20 August 2025. The Khavda-I project is being developed under the CPSU Scheme Phase-II Tranche-III. The company further reported that 52.8 MW of wind capacity from a…
The Central Electricity Authority (CEA) has released a roadmap outlining how India plans to achieve 100 GW of Hydro Pumped Storage Projects capacity by 2035–36. Along with capacity projections, the document sets out policy, regulatory and financial measures to accelerate project development and improve viability. The roadmap projects cumulative PSP capacity of about 100,810 MW…
Jindal Poly Films Limited (JPL), a major player in packaging films, has announced plans to acquire full ownership of Enerlite Solar Films India. Enerlite manufactures encapsulation films used in photovoltaic (PV) modules. JPL currently holds a 33.05% stake in Enerlite. The acquisition, conducted on an arm’s length basis, will make Enerlite a wholly owned subsidiary….
GE Vernova has secured a 140 MW wind turbine order in Romania from Public Power Corporation Renewables (PPCR). The company will supply, install, and commission 23 turbines, each with a 6.1MW capacity, for a wind project in Vaslui County. The agreement, finalized in Q2 2024, strengthens GE Vernova’s role in the European Union’s energy transition,…