Sterling and Wilson Renewable Energy Limited has recorded a net profit of Rs 48.3 million during first quarter of 2024-25, compared to the net loss of Rs 953.2 million recorded in the previous year.The company’s total income has increased by 77.64 per cent to Rs 9,278.9 million during quarter...
New Delhi : Jakson Green Private Limited has secured a credit facility of INR 2.96 billion from First Abu Dhabi Bank (Mumbai). This financing will fuel the company's international expansion, with Uzbekistan serving as the first beneficiary for its upcoming solar photovoltaic (PV) and battery storage project.As Jakson Green actively...
ANKLESHWAR, India - RUSAN PHARMA PRIVATE LIMITED announced that the United States Food and Drug Administration (USFDA) has granted Good Manufacturing Practice (GMP) approval for its Active Pharmaceutical Ingredient (API) facility in Ankleshwar (Gujarat, India). The approval, received on May 29, 2024, followed a comprehensive five-day on-site inspection conducted...
Tata Power has planned to invest Rs 200 billion capex in 2024-25.The planned capex is over and above the Rs 120 billion invested in 2023-2024. A large part of this will be towards accelerating the company’s renewable energy portfolio and balance towards transmission and distribution businesses. The company will...
The Philippine Geothermal Production Company Incorporation (PGPC), a subsidiary of SM Investments Corporation, has announced plans to expand its renewable energy portfolio in the Philippines.PGPC will explore and develop new geothermal energy sources in Luzon, specifically in Kalinga, Benguet, Cagayan, Camarines Norte, and Camarines Sur. These projects aim to...
Tata Power Renewable Energy Limited (TPREL) has signed a memorandum of understanding (MoU) with NHPC Renewable Energy Limited (NHPC-REL) for the installation of rooftop solar projects on government buildings across central ministries, states, and union territories.This initiative, part of the PM Surya Ghar Yojna scheme, seeks to achieve 100...
Tecnimont Private Limited, the Indian subsidiary of Tecnimont that provides integrated E&C solutions, along with NEXTCHEM which offers sustainable technology solutions, has bagged an engineering design study order for the project to be located in India. Awarded by Sembcorp Green Hydrogen India, the order is the first phase of front-end...
The Orana battery energy storage system (BESS) project in New South Wales, Australia, has reached an agreement for A$650 million with Akaysha Energy. Situated in the Central West Orana renewable energy zone, the Orana project will be built with funding from the three-year facility. The project is scheduled to...
SSE and Equinor, co-developers of the proposed Dogger Bank D fourth phase of Dogger Bank Wind Farm, have filed a Scoping Report to the Planning Inspectorate. This comes after the Transitional Centralised Strategic Network Plan (tCSNP2) was released by National Grid ESO in March 2024. It contained confirmation that...