Author: PPD Team Date: November 13, 2024
Waaree Renewable Technologies Ltd (WRTL) has secured an order to establish a 41.6 MW solar project in Cuddalore, Tamil Nadu.
The project, valued at approximately Rs 1.47 billion, is scheduled for completion in the fiscal year 2025-26.
This initiative involves setting up an independent regional power production (IPP) unit.
Author: PPD Team Date: February 16, 2026 Patel Engineering Limited (PEL) reported consolidated revenue from operations of Rs 1,239 Cr in Q3 FY26, compared to Rs 1,206 Cr in Q3 FY25, reflecting a 2.81% year-over-year increase. Consolidated net profit for the quarter stood at Rs 71 Cr. As of December 31, 2025, the company’s order book was Rs 15,123 Cr. Consolidated operating earnings before interest, tax, depreciation and amortisation (EBITDA) for Q3 FY26 were Rs…
Author: PPD Team Date: June 24, 2025 The Ministry of New and Renewable Energy (MNRE) has released draft guidelines for series approval of solar photovoltaic (SPV) inverters. These are meant for testing in designated labs under the “Solar Systems, Devices and Components Goods Order, 2025.” Issued on 23 June 2025, the guidelines aim to help test labs and manufacturers define product families. This will streamline testing and certification for SPV-based off-grid, grid-tied, and hybrid inverters….
Author: PPD Team Date: March 12, 2026 KEC International Limited has secured new orders worth Rs 1,476 crore across its Transmission and Distribution (T&D) business in multiple regions, including India, the Middle East, Africa, and the Americas. The new orders cover a range of infrastructure works. These include a composite order in Saudi Arabia involving 380 kV transmission lines, substations, and extra high voltage (EHV) cabling. KEC has also secured contracts for 132 kV transmission…
Author: PPD Team Date: October 9, 2025 Deon Energy Limited has filed its draft red herring prospectus with the Securities and Exchange Board of India to raise Rs 1.5 billion through an initial public offering. The issue comprises a fresh sale of equity shares with a face value of Rs 10 each. The company plans to use about Rs 1 billion from the proceeds for long-term working capital needs, while the rest will go toward…
Author: PPD Team Date: December 9, 2025 The Minister of Power Shri Manohar Lal launched the Strategic Expansion for Long Term Load Adequacy and Resilience tool developed by the Central Electricity Authority. He said that Artificial Intelligence and Machine Learning will be central to building consumer-focused, self-optimising and reliable distribution networks. He was speaking at the two-day National Conference on AI and ML in the power distribution sector at Bharat Mandapam in New Delhi. He…
Author: PPD Team Date: January 16, 2025 JSW Energy Limited has been declared the successful applicant for acquiring the 3,600 MW Akaltara (Nariyara) Thermal Power Project (KSK Mahanadi) and received the Letter of Intent (LoI) on January 13, 2025. Located in Nariyara, Akaltara, in the Janjgir-Champa district of Chhattisgarh, the project is partly operational, with 1,800 MW of power in use. Electricity from the plant is supplied to distribution utilities in Andhra Pradesh, Tamil Nadu,…