Author: PPD Team Date: 06/11/2024
Tata Power Company Limited posted a net profit of Rs 10.93 billion for the quarter ending September 2024, marking a 7.47 per cent rise from Rs 10.17 billion in the same period last year.
The company’s total income grew by approximately 1.13 per cent to Rs 162.11 billion in Q2 FY2024, up from Rs 160.3 billion in the corresponding quarter of the previous year.
Author: PPD Team Date: 03/02/2025 Kalpataru Projects International Limited has received a Letter of Award (LoA) worth Rs 6.55 billion for composite Package-C7 in West Bengal. The contract covers the design, engineering, construction, supply, erection, stringing, testing, and commissioning of three power infrastructure projects. West Bengal State Electricity Transmission Company Limited (WBSETCL) invited bids in March 2024. The scope includes: Project 1: A 400/220/33 kV gas-insulated (GI) substation at Bengal Aerotropolis Projects Ltd (BAPL), a…
Author: PPD Team Date: 02/01/2025 Solex Energy Limited has secured contracts worth Rs 1,790 million from Sprng Energy Private Limited and Zodiac Energy Limited for supplying solar modules for a total of 120 MW solar photovoltaic (PV) power projects in India. The contracts include: Supply of 100 MW N-type TOPCON 585/590 Wp PV modules worth Rs 1,500 million to Sprng Energy, with delivery expected by June 2025. Supply of 20 MW Bifacial PERC PV modules…
Author: PPD Team Date: 16/01/2025 The planned Sizewell C nuclear power station in Suffolk, UK, is expected to cost nearly £40bn ($48.7bn), double the initial £20bn estimate due to rising construction costs and delays at the Hinkley Point C site, according to the Financial Times. This price increase raises concerns about the UK government’s nuclear revival strategy amid public finance strain and cost of living challenges. The UK Treasury will decide whether to proceed with…
Author: PPD Team Date: 19/02/2025 The Assam Cabinet has approved the Assam Integrated Clean Energy Policy, 2025, aiming to establish the state as a renewable energy hub. The policy promotes solar, wind, mini and small hydro projects, pumped storage solutions, battery energy storage systems, green hydrogen, biofuel, and electric vehicle infrastructure. It also includes incentives for industries investing in clean energy projects in Assam. The approval comes ahead of the Advantage Assam 2.0 Investment and…
Author: PPD Team Date: 16/05/2025 REC Power Distribution Company Limited (REC PDCL) has invited bids for selection of a transmission service provider (TSP) to implement transmission system strengthening works at Davanagere for renewable energy (RE) integration in Karnataka. The request for proposal (RfP) was issued on May 15, 2025. Bids are due by July 18, 2025. The project will be awarded through tariff-based competitive bidding (TBCB) on a build, own, operate, and transfer (BOOT) basis….
Author: PPD Team Date: 17/10/2024 The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 2,094 MW of solar module capacity, bringing the total capacity to 58,422 MW. Major additions include SAEL Solar P6 with 2,065 MW and Grew Energy with 29 MW. Meanwhile, ITI, Jyotitech Solar, SunField Energy, and Suryakamal Energy have been removed from the list. New entrants on the provisional list include…
Author: PPD Team Date: 03/02/2025 Kalpataru Projects International Limited has received a Letter of Award (LoA) worth Rs 6.55 billion for composite Package-C7 in West Bengal. The contract covers the design, engineering, construction, supply, erection, stringing, testing, and commissioning of three power infrastructure projects. West Bengal State Electricity Transmission Company Limited (WBSETCL) invited bids in March 2024. The scope includes: Project 1: A 400/220/33 kV gas-insulated (GI) substation at Bengal Aerotropolis Projects Ltd (BAPL), a…
Author: PPD Team Date: 02/01/2025 Solex Energy Limited has secured contracts worth Rs 1,790 million from Sprng Energy Private Limited and Zodiac Energy Limited for supplying solar modules for a total of 120 MW solar photovoltaic (PV) power projects in India. The contracts include: Supply of 100 MW N-type TOPCON 585/590 Wp PV modules worth Rs 1,500 million to Sprng Energy, with delivery expected by June 2025. Supply of 20 MW Bifacial PERC PV modules…
Author: PPD Team Date: 16/01/2025 The planned Sizewell C nuclear power station in Suffolk, UK, is expected to cost nearly £40bn ($48.7bn), double the initial £20bn estimate due to rising construction costs and delays at the Hinkley Point C site, according to the Financial Times. This price increase raises concerns about the UK government’s nuclear revival strategy amid public finance strain and cost of living challenges. The UK Treasury will decide whether to proceed with…
Author: PPD Team Date: 19/02/2025 The Assam Cabinet has approved the Assam Integrated Clean Energy Policy, 2025, aiming to establish the state as a renewable energy hub. The policy promotes solar, wind, mini and small hydro projects, pumped storage solutions, battery energy storage systems, green hydrogen, biofuel, and electric vehicle infrastructure. It also includes incentives for industries investing in clean energy projects in Assam. The approval comes ahead of the Advantage Assam 2.0 Investment and…
Author: PPD Team Date: 16/05/2025 REC Power Distribution Company Limited (REC PDCL) has invited bids for selection of a transmission service provider (TSP) to implement transmission system strengthening works at Davanagere for renewable energy (RE) integration in Karnataka. The request for proposal (RfP) was issued on May 15, 2025. Bids are due by July 18, 2025. The project will be awarded through tariff-based competitive bidding (TBCB) on a build, own, operate, and transfer (BOOT) basis….
Author: PPD Team Date: 17/10/2024 The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 2,094 MW of solar module capacity, bringing the total capacity to 58,422 MW. Major additions include SAEL Solar P6 with 2,065 MW and Grew Energy with 29 MW. Meanwhile, ITI, Jyotitech Solar, SunField Energy, and Suryakamal Energy have been removed from the list. New entrants on the provisional list include…
Author: PPD Team Date: 03/02/2025 Kalpataru Projects International Limited has received a Letter of Award (LoA) worth Rs 6.55 billion for composite Package-C7 in West Bengal. The contract covers the design, engineering, construction, supply, erection, stringing, testing, and commissioning of three power infrastructure projects. West Bengal State Electricity Transmission Company Limited (WBSETCL) invited bids in March 2024. The scope includes: Project 1: A 400/220/33 kV gas-insulated (GI) substation at Bengal Aerotropolis Projects Ltd (BAPL), a…
Author: PPD Team Date: 02/01/2025 Solex Energy Limited has secured contracts worth Rs 1,790 million from Sprng Energy Private Limited and Zodiac Energy Limited for supplying solar modules for a total of 120 MW solar photovoltaic (PV) power projects in India. The contracts include: Supply of 100 MW N-type TOPCON 585/590 Wp PV modules worth Rs 1,500 million to Sprng Energy, with delivery expected by June 2025. Supply of 20 MW Bifacial PERC PV modules…