Power Grid profit jumps on India electricity demand

Power Grid Corporation of India posted a better-than-expected 33% increase in first-quarter profit, as the nation’s biggest electricity transmission company added more power lines, boosting revenues. Net income for the quarter ended June 30...

Sungrow Scores 150MW Solar Inverter Supply Deal

Sungrow announced today the company has been awarded a contract to supply central inverters for around 150MW of solar projects in India. Sungrow will assist with the design, manufacture and assembly of SG2500 turnkey...

GE to invest $31 mn in Mytrah wind energy project

Hyderabad: GE Energy Financial Services has agreed to invest $31 million in Mytrah Vayu (Tungabhadra) Private Limited (MVTPL) to support development of 200 MW wind energy project in Andhra Pradesh. MVTPL, which is a...

Gamesa bags order from SMDPL for wind turbines

CHENNAI: Renewable energy firm Gamesa has bagged an order for 90MW from independent wind energy company SMDPL – a joint venture between France-based EDF Energies Nouvelles and SITAC Group. Gamesa would offer a complete...

Suzlon bags 75 MegaWatt orders from PSUs and SMEs

New Delhi: Pune based Suzlon Group, the world’s fifth largest producer of wind turbines , today announced it has won orders for a total capacity of 75.60 MegaWatt from Public Sector Undertaking (PSU) and...