Pennar bags solar project from NTPC REL

Pennar bags solar project from NTPC REL

Hyderabad-based Pennar Industries has bagged an order from NTPC Renewable Energy Limited (NTPC REL) for its proposed 500 MW AC and 625 MW DC solar PV project at Bhadla in Rajasthan. The company said it had emerged as the lowest bidder in competitive bidding for the tender floated by NTPC REL. The project completion time is 12 and a half months and the scope of the project includes design, engineering, supply, construction, erection, testing and commissioning along with a three-year operation and maintenance contract, Pennar added.

According to Pennar, with this win, the company ha..

Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn

Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.

The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability to..

India's Peak Power Demand to Surge

India is bracing for a substantial increase in peak power demand this May, with the Power Ministry forecasting a daytime peak of 235 GW and an evening peak of 225 GW. This surge underscores the country's escalating energy needs amid rising temperatures and economic activities.

The anticipated peak demand is significantly higher than previous records, reflecting the growing consumption patterns driven by urbanisation, industrial activities, and increased usage of air conditioning. The Ministry's projections are based on data from the Central Electricity Authority (CEA), which monitors a..