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: November 20, 2024 Apar Industries Ltd has announced plans to expand its Continuous Transposed Conductor (CTC) production capacity to meet increasing demand driven by government prioritization of power and generation equipment. The expansion will triple the company’s CTC capacity from 7,350 tonnes per year to 20,490 tonnes by Q3FY26. The current capacity of 7,350 tonnes, utilized at 98%, will be augmented in phases. By March 2025 (end of FY25), an additional…
Author: PPD Team Date: September 18, 2025 Power Grid Corporation of India Limited (POWERGRID) has been awarded the project to develop an inter-state transmission system under the tariff-based competitive bidding (TBCB) process. The Letter of Intent was issued to the company on 16 September 2025. The project, titled “Inter-regional (NR-WR) transmission system strengthening to relieve the loading of 765 kV Vindhyachal-Varanasi D/c line,” will be developed on a Build, Own, Operate and Transfer basis. The…
Author: PPD Team Date: December 4, 2024 Equinix has entered its second power purchase agreement with Sembcorp Power to source renewable energy. The project, with a maximum capacity of 58.5 MWp, will be developed on JTC properties on Jurong Island. This includes 60 hectares of vacant land and rooftops of five JTC buildings, such as the Jurong Rock Caverns above-ground facilities and the Jurong Island Checkpoint. The project is expected to begin operations in 2029.
Author: PPD Team Date: October 24, 2024 The Global Energy Alliance for People and Planet (GEAPP) is partnering with the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) to establish a 450-500 MW solar park along the Bundelkhand Expressway. This pilot project aims to create a green energy corridor across the expressway, with approximately 450 MW of solar power installed on the expressway’s designated land area, spanning 15-20 meters on both sides. The project aims to…
Author: PPD Team Date: October 28, 2024 India Grid Trust (IndiGrid) has estimated a bid pipeline worth over Rs 651 billion in the power transmission sector, as disclosed in its Q2 FY25 investor presentation. The pipeline includes interstate transmission system (ISTS) projects with issued requests for proposal (RfP). Additionally, IndiGrid sees an estimated Rs 35 billion opportunity in the battery energy storage system (BESS) market, primarily from projects in Gujarat and Uttar Pradesh. In Q2FY25,…
Author: PPD Team Date: October 23, 2024 Danish energy company Ørsted has submitted a proposal for the Long Island Wind project to the New York State Energy Research and Development Authority (NYSERDA). The project is designed to generate over 1.4GW of offshore wind energy, supplying renewable power to one million homes in New York, and is expected to begin commercial operations by 2033. Long Island Wind is a key component of Ørsted’s Northeast Hub, supporting…
Author: PPD Team Date: November 20, 2024 Apar Industries Ltd has announced plans to expand its Continuous Transposed Conductor (CTC) production capacity to meet increasing demand driven by government prioritization of power and generation equipment. The expansion will triple the company’s CTC capacity from 7,350 tonnes per year to 20,490 tonnes by Q3FY26. The current capacity of 7,350 tonnes, utilized at 98%, will be augmented in phases. By March 2025 (end of FY25), an additional…
Author: PPD Team Date: September 18, 2025 Power Grid Corporation of India Limited (POWERGRID) has been awarded the project to develop an inter-state transmission system under the tariff-based competitive bidding (TBCB) process. The Letter of Intent was issued to the company on 16 September 2025. The project, titled “Inter-regional (NR-WR) transmission system strengthening to relieve the loading of 765 kV Vindhyachal-Varanasi D/c line,” will be developed on a Build, Own, Operate and Transfer basis. The…
Author: PPD Team Date: December 4, 2024 Equinix has entered its second power purchase agreement with Sembcorp Power to source renewable energy. The project, with a maximum capacity of 58.5 MWp, will be developed on JTC properties on Jurong Island. This includes 60 hectares of vacant land and rooftops of five JTC buildings, such as the Jurong Rock Caverns above-ground facilities and the Jurong Island Checkpoint. The project is expected to begin operations in 2029.
Author: PPD Team Date: October 24, 2024 The Global Energy Alliance for People and Planet (GEAPP) is partnering with the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) to establish a 450-500 MW solar park along the Bundelkhand Expressway. This pilot project aims to create a green energy corridor across the expressway, with approximately 450 MW of solar power installed on the expressway’s designated land area, spanning 15-20 meters on both sides. The project aims to…
Author: PPD Team Date: October 28, 2024 India Grid Trust (IndiGrid) has estimated a bid pipeline worth over Rs 651 billion in the power transmission sector, as disclosed in its Q2 FY25 investor presentation. The pipeline includes interstate transmission system (ISTS) projects with issued requests for proposal (RfP). Additionally, IndiGrid sees an estimated Rs 35 billion opportunity in the battery energy storage system (BESS) market, primarily from projects in Gujarat and Uttar Pradesh. In Q2FY25,…
Author: PPD Team Date: October 23, 2024 Danish energy company Ørsted has submitted a proposal for the Long Island Wind project to the New York State Energy Research and Development Authority (NYSERDA). The project is designed to generate over 1.4GW of offshore wind energy, supplying renewable power to one million homes in New York, and is expected to begin commercial operations by 2033. Long Island Wind is a key component of Ørsted’s Northeast Hub, supporting…
Author: PPD Team Date: November 20, 2024 Apar Industries Ltd has announced plans to expand its Continuous Transposed Conductor (CTC) production capacity to meet increasing demand driven by government prioritization of power and generation equipment. The expansion will triple the company’s CTC capacity from 7,350 tonnes per year to 20,490 tonnes by Q3FY26. The current capacity of 7,350 tonnes, utilized at 98%, will be augmented in phases. By March 2025 (end of FY25), an additional…
Author: PPD Team Date: September 18, 2025 Power Grid Corporation of India Limited (POWERGRID) has been awarded the project to develop an inter-state transmission system under the tariff-based competitive bidding (TBCB) process. The Letter of Intent was issued to the company on 16 September 2025. The project, titled “Inter-regional (NR-WR) transmission system strengthening to relieve the loading of 765 kV Vindhyachal-Varanasi D/c line,” will be developed on a Build, Own, Operate and Transfer basis. The…