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.Â
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.
The Kerala State Electricity Board Limited (KSEBL) has approved a capital expenditure plan of Rs 647.8 crore for the 2026-27 financial year. The plan focuses on strengthening transmission and distribution networks, supporting energy storage development, and expanding smart metering and electric vehicle charging infrastructure. KSEBL has allocated Rs 117.5 crore for transmission works and Rs…
Gujarat Urja Vikas Nigam Limited has released a tender to source power from 625 MW of grid connected solar projects located anywhere in India. The notice includes a greenshoe option for another 625 MW, bringing potential procurement to 1,250 MW. The Phase XXVIII tender is open to projects that are under construction, recently commissioned or…
Sangamam Power Projects Private Limited has prepared a detailed project report (DPR) for the 1,000 MW pumped storage project (PSP) in Sunki, Koraput district in Odisha, which will be developed at an investment of Rs 70 billion. The Odisha government and Telangana-based Sangamam Power have signed a Memorandum of Understanding (MoU) to move forward with…
Mirova, an affiliate of Natixis Investment Managers, has invested $10 million in ecoligo, a global provider of commercial and industrial (C&I) solar solutions. This investment will fund a portfolio of greenfield C&I solar rooftop projects in Vietnam and marks the Mirova Gigaton Fund’s first investment in the country. The senior debt financing will enable ecoligo…
Researchers from Guilin University of Electronic Technology, China, developed a numerical model to assess how different overhead heights and tilt angles of photovoltaic (PV) modules influence thermal and electrical performance, as well as energy-saving in buildings. The model, validated through experiments, fills a gap in the literature by providing a comprehensive study on the impact…
Five firms have won bids for setting up 2,000 MW Inter-State Transmission System (ISTS) connected solar power projects and 1,000 MW energy storage systems (ESS) under Tranche-XVII of the Solar Energy Corporation of India (SECI), announced on December 9, 2024. The successful bidders and their respective capacities are as follows: Sembcorp Green Infra Private Limited…