Author: PPD Team Date: 15/10/2024
Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024.
In Q2 FY25 (July to September), SWREL recorded an order inflow of approximately Rs 205 billion, including an Rs 82.3 billion order received on October 14. All orders were from the domestic market.
Author: PPD Team Date: 06/11/2024 The International Solar Alliance (ISA) opened its seventh Assembly session in New Delhi, with ministers from 29 nations in attendance. India’s Minister for New and Renewable Energy and ISA Assembly President, Shri Pralhad Joshi, emphasized the pivotal role of solar energy, stating, “Solar energy is leading the world toward a sustainable future.” He noted ISA’s successful completion of 21 of 27 demonstration projects, showcasing significant strides in solar energy deployment…
Author: PPD Team Date: 04/04/2025 The Central Government laid the foundation stone for two thermal power projects in Chhattisgarh on March 30, 2025. The 800 MW Sipat Advance Ultra Super Critical (AUSC) Thermal Power Project Stage-III will be set up within the existing Sipat Power Plant premises in the Bilaspur district, which currently has Stage-I (3×660 MW) and Stage-II (2×500 MW). The project, estimated at Rs 97.9 billion, is a collaboration between NTPC Limited, Bharat…
Author: PPD Team Date: 03/12/2024 NTPC aims to increase its installed capacity from 76 GW to 130 GW by 2032, presenting significant growth prospects for micro, small, and medium enterprises (MSMEs). The company’s procurement value is expected to rise from Rs 190.75 billion in FY24 to Rs 325 billion by 2032, with MSMEs contributing over 52 per cent of FY24 procurement. Over five years, NTPC’s MSME procurement grew six-fold, from Rs 16.67 billion in FY20…
Author: PPD Team Date: 13/11/2024 Surana Solar Limited has acquired a 100% stake in Surana Technologies Private Limited, making it a wholly-owned subsidiary. Surana Technologies, with an authorized, subscribed, and paid-up capital of Rs 100,000, operates in the solar energy sector, specializing in trading, distribution, supply, generation, transmission, and manufacturing of solar products. This acquisition aligns with Surana Solar’s strategy to enhance its execution capacity for solar projects.
Author: PPD Team Date: 07/11/2024 Donald Trump’s potential return to the US presidency has prompted apprehension regarding America’s climate policy trajectory. During his first term, the United States withdrew from the Paris Climate Agreement, casting doubts on its commitment to global climate efforts. Trump has also been critical of climate finance mechanisms, such as the Green Climate Fund, labelling them as unfavourable wealth redistribution schemes while endorsing expanded fossil fuel production. Following his re-election, Trump…
Author: PPD Team Date: 28/10/2024 JSW Steel’s Board has approved an expanded power purchase agreement (PPA) to procure renewable power for a total of 2,507 MW across its sites at Vijayanagar, Dolvi, Salem, and Anjar. Of the initial 1,637 MW commitment, 375 MW has already been commissioned, with an additional 580 MW expected to come online by March 2025. The Board has now greenlit further renewable procurement, including a hybrid energy capacity of 600 MW…
Author: PPD Team Date: 06/11/2024 The International Solar Alliance (ISA) opened its seventh Assembly session in New Delhi, with ministers from 29 nations in attendance. India’s Minister for New and Renewable Energy and ISA Assembly President, Shri Pralhad Joshi, emphasized the pivotal role of solar energy, stating, “Solar energy is leading the world toward a sustainable future.” He noted ISA’s successful completion of 21 of 27 demonstration projects, showcasing significant strides in solar energy deployment…
Author: PPD Team Date: 04/04/2025 The Central Government laid the foundation stone for two thermal power projects in Chhattisgarh on March 30, 2025. The 800 MW Sipat Advance Ultra Super Critical (AUSC) Thermal Power Project Stage-III will be set up within the existing Sipat Power Plant premises in the Bilaspur district, which currently has Stage-I (3×660 MW) and Stage-II (2×500 MW). The project, estimated at Rs 97.9 billion, is a collaboration between NTPC Limited, Bharat…
Author: PPD Team Date: 03/12/2024 NTPC aims to increase its installed capacity from 76 GW to 130 GW by 2032, presenting significant growth prospects for micro, small, and medium enterprises (MSMEs). The company’s procurement value is expected to rise from Rs 190.75 billion in FY24 to Rs 325 billion by 2032, with MSMEs contributing over 52 per cent of FY24 procurement. Over five years, NTPC’s MSME procurement grew six-fold, from Rs 16.67 billion in FY20…
Author: PPD Team Date: 13/11/2024 Surana Solar Limited has acquired a 100% stake in Surana Technologies Private Limited, making it a wholly-owned subsidiary. Surana Technologies, with an authorized, subscribed, and paid-up capital of Rs 100,000, operates in the solar energy sector, specializing in trading, distribution, supply, generation, transmission, and manufacturing of solar products. This acquisition aligns with Surana Solar’s strategy to enhance its execution capacity for solar projects.
Author: PPD Team Date: 07/11/2024 Donald Trump’s potential return to the US presidency has prompted apprehension regarding America’s climate policy trajectory. During his first term, the United States withdrew from the Paris Climate Agreement, casting doubts on its commitment to global climate efforts. Trump has also been critical of climate finance mechanisms, such as the Green Climate Fund, labelling them as unfavourable wealth redistribution schemes while endorsing expanded fossil fuel production. Following his re-election, Trump…
Author: PPD Team Date: 28/10/2024 JSW Steel’s Board has approved an expanded power purchase agreement (PPA) to procure renewable power for a total of 2,507 MW across its sites at Vijayanagar, Dolvi, Salem, and Anjar. Of the initial 1,637 MW commitment, 375 MW has already been commissioned, with an additional 580 MW expected to come online by March 2025. The Board has now greenlit further renewable procurement, including a hybrid energy capacity of 600 MW…
Author: PPD Team Date: 06/11/2024 The International Solar Alliance (ISA) opened its seventh Assembly session in New Delhi, with ministers from 29 nations in attendance. India’s Minister for New and Renewable Energy and ISA Assembly President, Shri Pralhad Joshi, emphasized the pivotal role of solar energy, stating, “Solar energy is leading the world toward a sustainable future.” He noted ISA’s successful completion of 21 of 27 demonstration projects, showcasing significant strides in solar energy deployment…
Author: PPD Team Date: 04/04/2025 The Central Government laid the foundation stone for two thermal power projects in Chhattisgarh on March 30, 2025. The 800 MW Sipat Advance Ultra Super Critical (AUSC) Thermal Power Project Stage-III will be set up within the existing Sipat Power Plant premises in the Bilaspur district, which currently has Stage-I (3×660 MW) and Stage-II (2×500 MW). The project, estimated at Rs 97.9 billion, is a collaboration between NTPC Limited, Bharat…