Union Minister inaugurates 150-KW rooftop solar plant at GSI Hyderaba
Author: PPD Team Date: October 15, 2024
Similar Posts
EDF in talks to source nuclear power for 1 GW data centre projects in France
Author: PPD Team Date: November 8, 2024 Électricité de France (EDF) is negotiating with three suppliers to secure power for its planned 1 GW data centre projects in France, with a focus on nuclear energy as a clean power source for tech firms amid the rising energy demands driven by AI. EDF executive director Marc Benayoun confirmed the ongoing discussions but withheld details on the companies involved, noting that site selection for the projects is…
Adani Green Energy subsidiary establishes Adani Hydro Energy Four
Author: PPD Team Date: December 4, 2024 Adani Saur Urja (KA) Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated Adani Hydro Energy Four Limited (AHE4L) for renewable energy projects. AHE4L’s mandate includes the generation, development, distribution, transmission, and sale of electrical energy derived from wind, solar, and other renewable sources. In the previous week, AGEL, through Adani Saur Urja (KA) Limited, established four subsidiaries: Adani Hydro Energy One Limited (AHE1L), Adani…
Prozeal Green Energy files for Rs 7 billion IPO with SEBI
Author: PPD Team Date: April 2, 2025 Prozeal Green Energy Limited has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) worth Rs 7.00 billion. The offering consists of a fresh issue of Rs 3.50 billion and an offer for sale of Rs 3.50 billion by existing shareholders. Of the offer for sale, promoter selling shareholders will divest Rs 3.37 billion, while…
Coal import registration fee capped at Rs 500 under revised rules
Author: PPD Team Date: April 23, 2025 The Ministry of Coal has set a flat registration fee of Rs 500 per consignment under the coal import monitoring system (CIMS) portal, replacing the earlier slab-based structure that ranged from Rs 500 to Rs 1,00,000. The CIMS is a digital platform designed to track coal imports in real time. It helps the government collect data to frame policies aimed at reducing coal imports. Importers must register their…
PM Surya Ghar scheme achieves 630,000 rooftop solar installations
Author: PPD Team Date: December 6, 2024 The PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) has achieved 630,000 rooftop solar installations, averaging 70,000 installations per month. The initiative aims to surpass 1 million installations by March 2025 and reach 10 million by 2027. Key states such as Gujarat, Maharashtra, Kerala, and Uttar Pradesh have shown significant progress due to robust infrastructure and effective coordination. Early resolution of challenges like load enhancements and regulatory approvals has…
Suzuki partners with NDDB for biogas venture
Author: PPD Team Date: January 7, 2025 Suzuki Motor Corporation, through its subsidiary Suzuki R&D Center India (SRDI), has partnered with the National Dairy Development Board (NDDB) to invest in its biogas arm, NDDB Mirda. Suzuki will acquire a 26% equity stake, with NDDB retaining 74%. The equity transaction is valued at par, with an initial capital of Rs 3 billion. In the first phase, Suzuki will invest Rs 88.4 million, while NDDB will contribute…