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Inox Wind Q3 Results-Firm Turns PAT Positive

Inox Wind Limited (IWL), one of Indias leading wind energy solutions provider, today announced its financial results for the third quarter of Fiscal Year 2024 (FY24). Continuing its turnaround journey, Inox Wind turned PAT positive in Q3 FY24, reflecting the successful implementation and outcome of its recent strategic measures as well as operational improvements. Notably, []

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Inox Wind Signs Pact For Indias Single Largest 1500 MW Order from CESC

Indian wind energy company Inox Wind Limited (IWL) announced today that it has entered into a binding framework agreement with CESC Limited, one of the largest power utilities in India, for the installation/supplies of 1,500 MW of wind capacity over the next 3-4 years. The deal is for IWLs latest DF/3000/145 Wind Turbine Generators (WTGs), []

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Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio

Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has []

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NHPC Invites Bid for 1200 MW Wind Plant in Central, South India

Indian public sector hydropower company NHPC has invited bids for wind power projects for a contracted capacity of 1200MW from Inter-State Transmission System (ISTS) connected Wind Power Projects under Tariff Based Competitive Bidding (TBCB) that will be conducted online. The last date for the submission of the bid is 28th February 2024 and the opening []

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Inox Wind Gets Its 3MW Turbines Enlisted With MNRE

Indian wind energy company Inox Wind Limited announced that its 3 MW Wind Turbine Generator (WTG), with a booster capacity of up to 3.3 MW, has been enlisted in the Revised List of Models and Manufacturers (RLMM) published by the Ministry of New and Renewable Energy (MNRE). The firm said that its 3 MW wind []

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Mahindra Susten Gets Water Positive Certification

Mahindra Susten, a renewable Independent Power Producer (IPP) with in-house expertise in engineering, procurement, and construction (EPC), announced that it has been awarded the Water Positive Verification certificate for its 100% operating portfolio for the assessment year FY23. The accreditation, granted by certification authority TUV India (TÜV NORD GROUP), recognized Sustens commitment towards planet-positive initiatives and []

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NHPC Awards 250MW Rajasthan Solar Project To Apraava Energy

The National Hydroelectric Power Corporation (NHPC) awarded a 250 MW Inter-State Transmission System (ISTS) connected solar energy project in Rajasthan to Apraava Energy. Apraava Energy, an integrated energy solutions provider, announced receiving the order today. The project order through the e-reverse auction mechanism at a walk-out tariff of INR 2.53 per kWh is scheduled to be completed within []

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Inox Wind Receives LoI For 50 MW Gujarat Wind Project from NLC India

Indian wind energy solutions company Inox Wind Limited (IWL) today announced receiving a Letter of Intent (LoI) for executing a 50 MW ISTS (Inter-State Transmission System)-connected wind power project on a turnkey basis from NLC India Limited. NLC India is a Central Public Sector Utility (CPSU). As part of the project, Inox Wind will supply, install, and []

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UltraTech Introduces Five Electric Trucks For Clinker Transportation

For enabling green mobility, UltraTech Cement Limited, Indias cement and ready-mix concrete (RMC) company, has introduced five electric trucks. This would enable transportation of clinker from its integrated cement manufacturing unit in Dhar cement works, located in Madhya Pradesh, to its grinding unit Dhule cement works, located in Maharashtra. To ensure reliable transportation, UltraTech has []

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