Author: PPD Team Date: 20/01/2025
Waaree Renewables Technologies Limited reported a net profit of Rs 0.53 billion for the quarter ending December 2024, a 17.18% decrease compared to Rs 0.64 billion in the same quarter last year.
The company’s total income rose by 11.66% to Rs 3.64 billion during the quarter, up from Rs 3.25 billion in the corresponding period of 2023.
Author: PPD Team Date: 12/09/2024 Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with Westinghouse handling the design and technology development and Hyundai contributing its construction expertise. This partnership builds on a 2022 agreement between the companies to jointly explore global opportunities for AP1000 plants. The announcement follows Vattenfall’s plans to develop new…
Author: PPD Team Date: 31/03/2025 PFC Consulting Limited (PFCCL) has transferred Kurnool III PS RE Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) for strengthening the transmission system at Kurnool-III PS. The transfer took place on March 27, 2025. POWERGRID received the Letter of Intent (LoI) for the project on March 6, 2025. The project was awarded through Tariff-Based Competitive Bidding (TBCB) and will be executed on a…
Author: PPD Team Date: 12/09/2024 Siemens has announced the acquisition of Trayer Engineering, a US-based company specializing in medium voltage secondary distribution switchgear, as part of its strategy to expand its grid modernization portfolio. While the financial details remain undisclosed, the acquisition will enhance Siemens’ capabilities in addressing challenges posed by extreme weather, particularly in secondary power distribution. By integrating Trayer’s expertise in submersible switchgear, Siemens aims to bolster grid efficiency, particularly in flood-prone areas….
Author: PPD Team Date: 24/03/2025 A consortium comprising Hetvi Construction Limited, Waaree Renewable Energy Technologies Limited (formerly Sangam Renewables Limited), and Jayantipur Construction Private Limited (JSPCL) has secured a contract from Assam Power Distribution Company Limited (APDCL) for the engineering, procurement, and construction (EPC) of a 125 MW solar power project. The project is part of the 1,000 MW Khagarijan Solar Power Project – Mukhya Mantri Sauro Shakti Prokolpo in Assam. The consortium will handle…
Author: PPD Team Date: 19/03/2025 Three major solar contracts have been awarded, adding new capacity across different segments. RMC Switchgears Limited and Insolation Energy Limited have secured rooftop solar projects in Rajasthan, while GP Eco Solutions India Limited has won an EPC contract for a large-scale solar project. RMC Switchgears’ Rs 3.2 billion rooftop solar project Rajasthan Renewable Energy Corporation Limited (RRECL) awarded RMC Switchgears a Rs 3.2 billion contract on March 15, 2025, for…
Author: PPD Team Date: 03/12/2024 Siemens and Tietoevry, a Nordic digital engineering and software company, have joined forces to enhance the digital transformation of the power utilities sector in Northern and Central Europe. The collaboration integrates Siemens’ Gridscale X software platform with Tietoevry’s IT services, offering advanced solutions for grid operators to manage energy transition challenges effectively. Tietoevry’s energy solutions aim to digitalize the energy value chain, improve customer experience, enhance business performance, and boost…
Author: PPD Team Date: 12/09/2024 Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with Westinghouse handling the design and technology development and Hyundai contributing its construction expertise. This partnership builds on a 2022 agreement between the companies to jointly explore global opportunities for AP1000 plants. The announcement follows Vattenfall’s plans to develop new…
Author: PPD Team Date: 31/03/2025 PFC Consulting Limited (PFCCL) has transferred Kurnool III PS RE Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) for strengthening the transmission system at Kurnool-III PS. The transfer took place on March 27, 2025. POWERGRID received the Letter of Intent (LoI) for the project on March 6, 2025. The project was awarded through Tariff-Based Competitive Bidding (TBCB) and will be executed on a…
Author: PPD Team Date: 12/09/2024 Siemens has announced the acquisition of Trayer Engineering, a US-based company specializing in medium voltage secondary distribution switchgear, as part of its strategy to expand its grid modernization portfolio. While the financial details remain undisclosed, the acquisition will enhance Siemens’ capabilities in addressing challenges posed by extreme weather, particularly in secondary power distribution. By integrating Trayer’s expertise in submersible switchgear, Siemens aims to bolster grid efficiency, particularly in flood-prone areas….
Author: PPD Team Date: 24/03/2025 A consortium comprising Hetvi Construction Limited, Waaree Renewable Energy Technologies Limited (formerly Sangam Renewables Limited), and Jayantipur Construction Private Limited (JSPCL) has secured a contract from Assam Power Distribution Company Limited (APDCL) for the engineering, procurement, and construction (EPC) of a 125 MW solar power project. The project is part of the 1,000 MW Khagarijan Solar Power Project – Mukhya Mantri Sauro Shakti Prokolpo in Assam. The consortium will handle…
Author: PPD Team Date: 19/03/2025 Three major solar contracts have been awarded, adding new capacity across different segments. RMC Switchgears Limited and Insolation Energy Limited have secured rooftop solar projects in Rajasthan, while GP Eco Solutions India Limited has won an EPC contract for a large-scale solar project. RMC Switchgears’ Rs 3.2 billion rooftop solar project Rajasthan Renewable Energy Corporation Limited (RRECL) awarded RMC Switchgears a Rs 3.2 billion contract on March 15, 2025, for…
Author: PPD Team Date: 03/12/2024 Siemens and Tietoevry, a Nordic digital engineering and software company, have joined forces to enhance the digital transformation of the power utilities sector in Northern and Central Europe. The collaboration integrates Siemens’ Gridscale X software platform with Tietoevry’s IT services, offering advanced solutions for grid operators to manage energy transition challenges effectively. Tietoevry’s energy solutions aim to digitalize the energy value chain, improve customer experience, enhance business performance, and boost…
Author: PPD Team Date: 12/09/2024 Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with Westinghouse handling the design and technology development and Hyundai contributing its construction expertise. This partnership builds on a 2022 agreement between the companies to jointly explore global opportunities for AP1000 plants. The announcement follows Vattenfall’s plans to develop new…
Author: PPD Team Date: 31/03/2025 PFC Consulting Limited (PFCCL) has transferred Kurnool III PS RE Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) for strengthening the transmission system at Kurnool-III PS. The transfer took place on March 27, 2025. POWERGRID received the Letter of Intent (LoI) for the project on March 6, 2025. The project was awarded through Tariff-Based Competitive Bidding (TBCB) and will be executed on a…