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PFC reports record profit in FY 2022-23

Power Finance Corp. (PFC), the largest lender to the Indian power sector, recorded a net profit of INR 11,605 crore in FY 2022-23.

Tata Power to add 9 MWp solar at Tata Motors’ Uttarakhand factory

Tata Power Renewable Energy Ltd will develop an additional 9 MW ground-mount solar plant at Tata Motors’ Pantnagar factory in Uttarakhand, taking the facility’s cumulative PV capacity to 16 MWp.

Sunsure signs solar PPA with Ayurveda major Dabur

Sunsure will establish a solar power plant to supply electricity to Dabur’s factory in Ghaziabad under a 25-year purchase agreement.

ReNew reports profit in Q1 FY 2024

The Indian renewable energy developer recorded a net profit of INR 2,983 million ($ 36 million) for the three-month period ended June 30, 2023, compared to a net loss of INR 104 million in the corresponding period last year.

NTPC starts trial run of hydrogen bus in Leh

The first-of-its-kind green hydrogen mobility project at 11,562 feet will harness green hydrogen using renewable power from a co-located, dedicated solar plant of 1.7 MW.

Wafer formats continue to evolve

Differences in wafer and module specifications, which have bedevilled solar developers in recent years, could now be narrowing.

Adani commissions 2 GW solar cell and module plant under SECI’s manufacturing-linked PV tender

Adani Green Energy Ltd has announced the commissioning of a solar PV cell and module manufacturing plant with a capacity of 2 GW per annum through its associate company Mundra Solar Energy Ltd. The plant is located at Mundra in the Indian state of Gujarat.

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NLC seeks owner’s engineer for 600 MW solar project in Gujarat

NLC India Ltd is developing the 600 MW solar PV project in GSECL Solar Park (Phase-II) at Khavda. It has invited domestic bids to provide owner’s engineer services for this project. 

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NLC India signs 300 MW solar power agreement with Rajasthan discom

NLC has signed a long-term power usage agreement with Rajasthan Urja Vikas Nigam Ltd (RUVNL). Under the agreement, it will supply power from its 300 MW PV plant for the next 25 years.

AmpIn Energy solar plant starts power supply to JK Cement

AmpIn Energy Transition has started supplying power from its 30 MWp solar plant in Mishrikh, Uttar Pradesh. JK Cement is the offtaker for 10 MWp of the power produced by the plant.

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