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: 28/11/2024 KEC International Ltd. has secured new Transmission and Distribution (T&D) orders worth Rs 17.04 billion from Power Grid Corporation of India Limited (PGCIL). The projects include the design, supply, and installation of 765 kV transmission lines and GIS substations. These orders bring KEC International’s year-to-date (YTD) order intake to Rs 163 billion, a 60% growth compared to the same period last year. Mr Vimal Kejriwal, MD & CEO of KEC…
Author: PPD Team Date: 29/05/2025 Roofsol Energy Private Limited has commissioned over 29 MWp of solar power capacity across India. The projects include 14 engineering, procurement, and construction (EPC) works spread across 12 states and five industrial sectors. In parallel, Roofsol has secured funding of Rs 2.1 billion (USD 25 million) from Aseem Infrastructure Finance Limited. The funds will support the development of 92.66 MWp group captive and rooftop solar power projects across the country….
Author: PPD Team Date: 16/09/2024 Power Grid Corporation of India Ltd (PGCIL) has been awarded the letter of intent for the Jam Khambhaliya augmentation scheme under the tariff-based competitive bidding (TBCB) route. The project involves establishing an interstate transmission system for the “Augmentation of transformation capacity at Jam Khambhaliya PS (GIS)” on a build, own, operate, and transfer (BOOT) basis. The letter of intent was received by PGCIL on September 12, 2024. The Jam Khambhaliya…
Author: PPD Team Date: 20/01/2025 AZAD Engineering Limited has entered a long-term agreement with GE Vernova International LLC, USA, to supply advanced rotating and stationary airfoils for gas turbine engines. Valued at approximately USD 112 million, the agreement will support GE Vernova’s global power generation needs and further solidify the strategic partnership between the two companies.
Author: PPD Team Date: 21/11/2024 India’s first 800-MW advanced ultra-supercritical (AUSC) thermal power plant will be established in Korba, Chhattisgarh. The project is a collaboration between NTPC and BHEL, with support from the Indira Gandhi Centre for Atomic Research. In July 2024, Finance Minister Nirmala Sitharaman announced the joint effort by NTPC and BHEL to develop this innovative thermal power plant. The technology, indigenously developed through joint research and development, will be deployed in a…
Author: PPD Team Date: 18/12/2024 The Government of Rajasthan (GoR) has signed Memorandum of Understandings (MoUs) valued at Rs 104.5 billion with Prudential Sugar Corporation Limited and Oriana Power Private Limited for renewable energy (RE) projects under the “Rising Rajasthan Global Investment Summit 2024.” The MoUs include: An MoU worth Rs 4.5 billion with Prudential Sugar for the establishment of a 100 MW solar park, expected to be commissioned by 2026. An MoU worth Rs…