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Vibrant Energy Signs PPA with UltraTech Cement for 21.60 MW Wind Energy

Vibrant Energy (Vibrant), a corporate renewable energy solutions provider, has concluded agreements for providing 21.60 MW of wind project in Maharashtra. The project will deliver green power to Ultratech Cement’s multiple facilities in Maharashtra. Srinivasan Viswanathan, CEO, Vibrant Energy, said, “We are excited to partner with Ultratech and accelerate their green energy transition. This partnership […]

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IREDA In MoU With Revenue Target of ₹4,350 Cr for 2023-24

The Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy, Government of India. The MoU, in alignment with guidelines issued by Department of Public Enterprises, […]

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Demand For Suzlon’s 3MW Wind Turbines Picks Up, Supplies From Q4

Buoyed by the increasing demand for its 3 Megawatt (MW) wind turbines, India’s leading wind energy company Suzlon Group plans to go bullish over the advanced technology. In its latest investors call, the company’s top management said that they were getting overwhelming orders for its 3MW series.  JP Chalasani, the company’s Chief Executive Officer (CEO) said […]

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Tata Power Reports 29% Growth In PAT In Q1 YoY

Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […]

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Tata Motors Now Have More Than 600 Operational E-Buses

India’s multinational automotive manufacturing company Tata Motors now has more than 600 operational electric buses plying in the country. The company recently shared the information in its latest investors conference call during the discussion on the Q1 FY24 financial results.  According to the automobile firm, during the Q1 of FY24 itself, the company deployed around […]

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NTPC Calls Bidders to Develop 110 MW Wind Power Project at Gujarat

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has issued a tender seeking bidders towards the development of a 110 MW ISTS connected wind energy project at Khavda NTPC Renewable Energy Park, Gujarat. The last day to submit bids is September 7, 2023. Bid opens on September 7, 2023. Scope of Work The scope of […]

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Power Grid Set To Commission 85 MW Solar Project In MP

The Power Grid Corporation of India has now decided to commission an 85 MW solar project at Nagda in Madhya Pradesh. This is against the prime work of power transmission by the state-owned company. In its latest self-disclosure to the Bombay Stock Exchange (BSE), the firm talked about the approval of the Board over the […]

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NTPC Q1 Results-Consolidated PAT Up 23.36%

The Country’s largest power generator – NTPC Ltd., with a present group installed capacity of more than 73 GW, declared unaudited financial results for Q1 FY24 on 29th July 2023. NTPC Group generated 103.98 Billion Units in Q1 FY24 as compared to 104.42 Billion Units in Q1 FY23. NTPC’s standalone gross generation in Q1 FY24 […]

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