Author: PPD Team Date: November 6, 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: October 30, 2024 Aurionpro Solutions has won a major Rs 1.5 billion contract for a Tier-III edge data centre in the National Capital Region (NCR), awarded by a leading data centre colocation provider in India. The contract encompasses full-scale design and turnkey construction for the edge data centre. Additionally, Aurionpro secured design consultancy contracts worth approximately Rs 200 million for two more projects in Mumbai and Chennai, supporting IT loads of…
Author: PPD Team Date: March 5, 2025 Hindustan Power has signed a Memorandum of Understanding (MoU) with the Government of Assam to invest Rs 6.2 billion in solar power and battery energy storage projects. The announcement was made at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, where investors, policymakers, and industry leaders discussed the state’s economic potential. The company will allocate Rs 5 billion for a 100 MW solar power plant…
Author: PPD Team Date: February 13, 2025 Ukraine’s parliament has approved the purchase of two Russian-made reactors from Bulgaria for the Khmelnytskyi Nuclear Power Plant, as confirmed by lawmaker Yaroslav Zhelezniak on February 11, 2025. President Volodymyr Zelensky had urged lawmakers to approve the project, calling it “key to energy independence” for Ukraine. Bulgaria has offered to sell its unused 15-year-old VVER-1000 reactors and other equipment for units 3 and 4 of the western Ukrainian…
Author: PPD Team Date: March 19, 2025 India has completed the concept design of the Bharat Small Modular Reactor (BSMR), moving it closer to deployment. Following approval, the reactor is expected to be constructed within 72 months. BSMRs are modified versions of India’s 200 MWe pressurised heavy water reactors (PHWRs). They will use slightly enriched uranium as fuel and are being developed by a joint venture between the Bhabha Atomic Research Centre (BARC) and the…
Author: PPD Team Date: September 10, 2025 India has revoked transmission access for around 17 gigawatts (GW) of renewable energy projects that have experienced delays, according to Reuters. The decision aims to prioritise grid connections for projects that are operational or close to completion. The Central Transmission Utility of India (CTUIL), a state-run entity, issued notices to several developers, including Adani Green Energy, ReNew Power, NTPC, Avaada Group, JSW Energy, and ACME Solar. Affected projects…
Author: PPD Team Date: August 21, 2025 Inox Wind Limited has divested a stake worth about Rs 175 crore in its engineering, procurement, and construction subsidiary, Inox Renewable Solutions Limited, at a valuation of nearly Rs 7,400 crore. The transaction comes after the stock exchanges cleared the demerger of the substation business from Inox Green and its merger into Inox Renewable Solutions. Approval from the National Company Law Tribunal’s Chandigarh bench for the merger of…