Author: PPD Team Date: 17/10/2024
Purvah Green Power Private Limited (PGPPL), a wholly owned subsidiary of CESC Limited, has signed a share purchase agreement (SPA) to acquire a 100 per cent stake in Deshraj Solar Energy Private Limited.
Upon completion, Deshraj Solar Energy will become a step-down subsidiary of CESC. This acquisition aligns with CESC’s strategy to expand its presence in the renewable energy sector.
Author: PPD Team Date: 27/02/2025 Torrent Green Energy Private Limited (TGEPL), a wholly-owned subsidiary of Torrent Power Limited (TPL), has incorporated five subsidiaries to implement renewable energy (RE) projects in India. The new subsidiaries are Torrent Urja 32 Private Limited (TU32), Torrent Urja 33 Private Limited, Torrent Urja 34 Private Limited, Torrent Urja 35 Private Limited (TU35), and Torrent Urja 36 Private Limited. These companies will focus on power generation, transmission, distribution, procurement, trading, import,…
Author: PPD Team Date: 22/05/2025 Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve both domestic and captive demand. The manufacturing unit will cater exclusively to the Indian market…
Author: PPD Team Date: 30/10/2024 Sany Wind Energy India has signed agreements to supply wind turbines with a total capacity exceeding 1.3 GW to three subsidiaries of the JSW Group. Additionally, a 300 MW deal has been finalized with Sembcorp’s India branch, a subsidiary of Singapore’s state-owned energy company. While financial details and specific project locations remain undisclosed, these partnerships highlight Sany’s commitment to advancing wind energy in India. Sany Renewable Energy, a division of…
Author: PPD Team Date: 02/02/2025 The Economic Survey 2024-25 argues against shutting down coal-based power plants, citing a lack of economic rationale. It states that India should focus on becoming a developed country by 2047 before targeting net-zero emissions by 2070. India’s coal-fired power plants, mostly commissioned in the 2010s, still have substantial lifespans. Unlike the US and Europe, which can transition to natural gas, India relies on coal due to its reserves and limited…
Author: PPD Team Date: 14/11/2024 NHPC has announced that all four units of the Parbati-II Hydroelectric Project (800 MW) in Himachal Pradesh are expected to be operational by March 2025. This run-of-the-river project is designed to harness the hydro potential of the lower reaches of the Parbati River. With a cost estimate of Rs 39.2 billion, it will feature four Pelton turbines, each with a 200 MW capacity, supplied by Bharat Heavy Electricals.
Author: PPD Team Date: 16/12/2024 GE Vernova’s nuclear division, GE Hitachi Nuclear Energy (GEH), has reached a significant milestone with its BWRX-300 small modular reactor (SMR) technology, advancing to Step 2 of the Generic Design Assessment (GDA) in the UK. The GDA process began in January 2024 with an initial focus on establishing the scope and schedule for Step 2, which has now been completed. The BWRX-300, a tenth-generation SMR design, builds on GEH’s extensive…
Author: PPD Team Date: 27/02/2025 Torrent Green Energy Private Limited (TGEPL), a wholly-owned subsidiary of Torrent Power Limited (TPL), has incorporated five subsidiaries to implement renewable energy (RE) projects in India. The new subsidiaries are Torrent Urja 32 Private Limited (TU32), Torrent Urja 33 Private Limited, Torrent Urja 34 Private Limited, Torrent Urja 35 Private Limited (TU35), and Torrent Urja 36 Private Limited. These companies will focus on power generation, transmission, distribution, procurement, trading, import,…
Author: PPD Team Date: 22/05/2025 Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve both domestic and captive demand. The manufacturing unit will cater exclusively to the Indian market…
Author: PPD Team Date: 30/10/2024 Sany Wind Energy India has signed agreements to supply wind turbines with a total capacity exceeding 1.3 GW to three subsidiaries of the JSW Group. Additionally, a 300 MW deal has been finalized with Sembcorp’s India branch, a subsidiary of Singapore’s state-owned energy company. While financial details and specific project locations remain undisclosed, these partnerships highlight Sany’s commitment to advancing wind energy in India. Sany Renewable Energy, a division of…
Author: PPD Team Date: 02/02/2025 The Economic Survey 2024-25 argues against shutting down coal-based power plants, citing a lack of economic rationale. It states that India should focus on becoming a developed country by 2047 before targeting net-zero emissions by 2070. India’s coal-fired power plants, mostly commissioned in the 2010s, still have substantial lifespans. Unlike the US and Europe, which can transition to natural gas, India relies on coal due to its reserves and limited…
Author: PPD Team Date: 14/11/2024 NHPC has announced that all four units of the Parbati-II Hydroelectric Project (800 MW) in Himachal Pradesh are expected to be operational by March 2025. This run-of-the-river project is designed to harness the hydro potential of the lower reaches of the Parbati River. With a cost estimate of Rs 39.2 billion, it will feature four Pelton turbines, each with a 200 MW capacity, supplied by Bharat Heavy Electricals.
Author: PPD Team Date: 16/12/2024 GE Vernova’s nuclear division, GE Hitachi Nuclear Energy (GEH), has reached a significant milestone with its BWRX-300 small modular reactor (SMR) technology, advancing to Step 2 of the Generic Design Assessment (GDA) in the UK. The GDA process began in January 2024 with an initial focus on establishing the scope and schedule for Step 2, which has now been completed. The BWRX-300, a tenth-generation SMR design, builds on GEH’s extensive…
Author: PPD Team Date: 27/02/2025 Torrent Green Energy Private Limited (TGEPL), a wholly-owned subsidiary of Torrent Power Limited (TPL), has incorporated five subsidiaries to implement renewable energy (RE) projects in India. The new subsidiaries are Torrent Urja 32 Private Limited (TU32), Torrent Urja 33 Private Limited, Torrent Urja 34 Private Limited, Torrent Urja 35 Private Limited (TU35), and Torrent Urja 36 Private Limited. These companies will focus on power generation, transmission, distribution, procurement, trading, import,…
Author: PPD Team Date: 22/05/2025 Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve both domestic and captive demand. The manufacturing unit will cater exclusively to the Indian market…