Author: PPD Team Date: January 20, 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: October 13, 2025 The Punjab Energy Development Agency (PEDA) has signed a memorandum of understanding (MoU) with the Indian Institute of Science (IISc), Bengaluru, to launch a pilot project for producing green hydrogen from biomass, specifically paddy straw. The initiative aims to reduce stubble burning, improve air quality, and create additional income opportunities for farmers. It is also expected to generate employment in the green energy sector. In July 2025, IISc…
Author: PPD Team Date: October 30, 2024 Ocean Winds (OW) has signed a memorandum of understanding (MoU) with the Universidade Federal do Rio Grande do Norte (UFRN) to advance offshore wind capabilities in Brazil. The partnership will leverage OW’s global expertise in offshore wind, with 18.5 GW of total capacity, including 2 GW under construction and 1.5 GW operational, to enhance Brazil’s offshore wind sector. Since 2020, OW has filed proposals for five offshore wind…
Author: PPD Team Date: March 26, 2026 The board of NHPC Ltd has approved a plan to raise up to Rs 8,000 crore during the financial year 2026-27 (FY27). The funds will be mobilised through secured or unsecured non-convertible corporate bonds via private placement, along with term loans or external commercial borrowings, according to a regulatory filing. The decision was taken at the board meeting held on March 25, 2026. The company stated that the…
Author: PPD Team Date: November 13, 2024 Power Grid Corporation of India Ltd (PGCIL) has acquired Bikaner A Power Transmission Ltd (BATPL) and Bikaner B Power Transmission Limited, both established to support the “Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part-3: 6 GW) [Bikaner complex]” on a build, own, operate, and transfer (BOOT) basis. The acquisition from REC Power Development and Consultancy Limited (RECPDCL), the bid process coordinator, was completed on…
Author: PPD Team Date: February 14, 2025 CDIL Semiconductors has introduced India’s first domestically manufactured solar bypass diodes, designed to enhance solar panel efficiency and longevity. These diodes, produced at CDIL’s Mohali facility in Punjab, aim to reduce reliance on imports while improving performance in India’s extreme weather conditions. The diodes feature a low forward voltage drop and high thermal stability, making them a cost-effective alternative to imported components. Manufactured using advanced automation techniques, they…
Author: PPD Team Date: August 21, 2025 VSL Renewable Services has won Lot-2 of NTPC Green Energy Limited’s 1,864 MWp solar operations and maintenance tender. Lot-2 covers 810 MWp, while Lot-1 accounted for 1,054 MWp. The company submitted the lowest bids for both lots but was awarded Lot-2 under NTPC’s tender conditions. The awarded projects are spread across Rajasthan, Madhya Pradesh, and Andhra Pradesh. The contract scope includes real-time monitoring, predictive maintenance, and generation-linked performance…