Author: PPD Team Date: November 12, 2024
Voltamp Transformers Limited has received a Letter of Intent (LoI) valued at Rs 2,633.3 million from Gujarat Energy Transmission Corporation Limited (GETCO) for the design, manufacturing, testing, and supply of various ratings of power transformers.
The project, awarded on November 5, 2024, is expected to be completed within 12 months.
Author: PPD Team Date: March 27, 2026 The Ministry of Power (MoP) has issued directions to Coastal Gujarat Power Ltd. (CGPL) under Section 11 of the Electricity Act, 2003, requiring the company to operate its imported coal-based (ICB) power plant at full capacity. The order, dated March 22, 2026, takes effect on April 1 and remains in effect through June 30, 2026. The ministry cited the prevailing demand-supply situation and an anticipated rise in electricity…
Author: PPD Team Date: December 23, 2025 Bondada Engineering has secured an engineering, procurement, and construction (EPC) order worth Rs 945 crore from NLC India Renewables Limited, acting on behalf of NLC India Limited, for solar projects at the RVUNL Solar Park in Bikaner, Rajasthan. In a regulatory filing, Bondada Engineering said the order covers Balance of System works for 810 MW of solar power capacity, along with full EPC execution and three years of…
Author: PPD Team Date: February 2, 2026 NTPC Green Energy Limited, a subsidiary of NTPC Limited, has declared the commercial operation of a 210 MW segment of its Khavda-II Solar PV Project in Gujarat, with effect from February 1, 2026. The commissioning increases the total installed capacity of the NTPC group to 87,665 MW. The newly commissioned capacity forms the first phase of the 1,200 MW Khavda-II Solar PV Project. The project is being developed…
Author: PPD Team Date: February 3, 2025 Waaree Energies Limited has reported a remarkable performance for Q3 FY 2024-25, with total income rising by 114.63% to Rs 35,452.65 million. The earnings before interest, tax, depreciation, and amortisation (EBITDA) surged by 256.97% to Rs 8,097.05 million, while profit after tax (PAT) increased by 259.98% to Rs 5,068.76 million. The EBITDA margin expanded to 22.84%, up from 13.73%, and the PAT margin improved to 14.30% from 8.52%…
Author: PPD Team Date: November 5, 2024 Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Renewables & Infrastructure Limited, has acquired the remaining 51% equity stake in Sherisha Solar SPV Two Private Limited. This acquisition increases RGPL’s ownership to 100%, making Sherisha Solar SPV Two a fully-owned step-down subsidiary.
Author: PPD Team Date: May 20, 2025 The Government of Andhra Pradesh laid the foundation stone on May 16, 2025, for a 2,800 MWp wind-solar hybrid power project integrated with a 2,000 MWh Battery Energy Storage System (BESS) in Anantapur district. The project is being developed by ReNew Power Ventures Private Limited. The hybrid project will be executed in two phases: Phase I includes 587 MWp of solar, 250 MW of wind, and a 415…