Author: PPD Team Date: November 28, 2024
Waaree Renewable Technologies Ltd. has received a term sheet to execute the Engineering, Procurement, and Construction (EPC) of a 2012.47 MWp DC ground-mounted solar photovoltaic project.
The project is valued at approximately Rs 12.33 billion, excluding levies.
Author: PPD Team Date: September 16, 2024 Tata Consultancy Services (TCS) is collaborating with Tata Electronics to introduce India’s first domestically produced semiconductor chips by 2026. Tata Electronics is leading the manufacturing efforts, targeting industries such as automotive, electronics, power, consumer goods, and healthcare. TCS will contribute through semiconductor design, engineering, and related services, including software solutions and IP-based products. The India Semiconductor Mission (ISM) has approved three semiconductor manufacturing facilities, including two led by…
Author: PPD Team Date: December 9, 2025 The International Finance Corporation has invested about 50 million dollars in GFCL EV Products Limited, a subsidiary of Gujarat Fluorochemicals Limited. The investment has been made through compulsorily convertible instruments and will support the development of India’s first fully integrated battery materials facility in Noida. GFCL EV Products Limited was founded in 2021 and is based in Gujarat. It is part of the INOX and Gujarat Fluorochemicals Limited…
Author: PPD Team Date: October 22, 2024 According to information provided to the Parliamentary Standing Committee on Science and Technology, India is currently installing at least 10 new nuclear reactors. The reactors, with a capacity of 700 MW each, are being developed in states including Gujarat, Rajasthan, and Haryana and are expected to become operational in the coming years. The committee was informed that two reactors—Kakrapar-3 and Kakrapar-4 in Gujarat—are fully synchronized with the grid…
Author: PPD Team Date: January 15, 2025 The Department of Energy’s (DOE) Loan Programs Office (LPO) has closed a $1.67 billion loan guarantee to Montana Renewables, LLC (MRL), including $1.44 billion in principal and $233 million in capitalized interest. The loan will support the expansion of MRL’s renewable fuels facility in Montana, which produces sustainable aviation fuel (SAF), renewable diesel, and renewable naphtha from vegetable oils, fats, and greases. The facility, operational since late 2022,…
Author: PPD Team Date: July 30, 2025 Larsen & Toubro (L&T) reported a consolidated net profit of Rs 3,617 crore for the quarter ended June 2025, marking a 29.9 per cent increase from Rs 2,786 crore a year earlier. Revenue rose 15.5 per cent year-on-year to Rs 63,678 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 6,316 crore, up 12.5 per cent from Rs 5,615 crore. However, operating margin declined slightly…
Author: PPD Team Date: July 25, 2025 Inox Wind Limited has received a 51 MW wind turbine order from First Energy Private Limited (FEPL) for a wind power project in Tamil Nadu. This is FEPL’s first order with Inox Wind. The order includes the supply of Inox Wind’s 3 MW class wind turbine generators. These turbines feature a 140-metre hub height and a 145-metre rotor diameter. The contract also covers limited-scope engineering procurement services, including…