Author: PPD Team Date: October 21, 2024
Integrum Energy Infrastructure has reportedly filed a draft red herring prospectus (DRHP) for an initial public offering (IPO).
The IPO will include a fresh issue of up to 4.95 million equity shares and an offer for sale of up to 0.54 million equity shares.
The proceeds will be directed toward the development of a new solar plant and meeting the company’s working capital needs.
Author: PPD Team Date: May 30, 2025 NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has signed a joint venture agreement with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT). The agreement was formalised on May 29, 2025. The joint venture company will develop 5,000 MW of renewable energy projects across Maharashtra. These will include solar parks, wind projects, hybrid systems, floating solar installations, battery energy storage systems (BESS), and pumped…
Author: PPD Team Date: September 16, 2025 NTPC Green Energy Limited (NGEL) has announced that 100 MW (Lot-6) of capacity from IRCON Renewable Power Limited’s (IRPL) 500 MW project has been declared under commercial operation, effective 17 September 2025. With this addition, IRPL has reached 400 MW of cumulative commissioned capacity. IRPL is a joint venture in which Ayana Renewable Power Private Limited holds a 24 per cent stake. Ayana is a wholly owned subsidiary…
Author: PPD Team Date: February 26, 2025 Madhya Pradesh has signed multiple Memorandums of Understanding (MoUs) with key energy companies at the Global Investors Summit 2025, securing investments across renewable energy, pumped storage, and other infrastructure projects. These include: SECI: The Solar Energy Corporation of India Limited (SECI) signed an MoU with the state government to develop a 200 MW solar project in Dhar and a 1,000 MWh battery storage project. SECI has proposed a…
Author: PPD Team Date: June 20, 2025 The Cabinet of Arunachal Pradesh has approved the Arunachal Pradesh Comprehensive State Power Development Program with a budget outlay of Rs 20 billion to be implemented over four years. The programme focuses on strengthening the state’s power infrastructure, electrifying unserved areas, and preparing for a hydropower-driven future. The scheme aims to develop sub-transmission and distribution systems in urban and high-density regions, electrify newly created districts and remote villages,…
Author: PPD Team Date: November 4, 2025 REC Limited has approved Rs 7,500 crore in financing for a 1.04 GW hybrid renewable energy project being developed by Brookfield Asset Management in Kurnool, Andhra Pradesh. This marks the largest single funding sanction by REC for a private sector project. The project, undertaken through Evren, a clean energy platform formed by Brookfield and Axis Energy, will have 640 MW of wind and 400 MW of solar capacity,…
Author: PPD Team Date: July 7, 2025 Assam Power Distribution Company Limited (APDCL) has signed a deed of agreement with NIRL Assam Renewables Limited (NARL) for the transfer of land to develop a 500 MW solar power project in Lahorijan, Assam. The agreement was signed on June 27, 2025. Under the agreement, APDCL will transfer 8,000 bighas of land to NARL, a joint venture between NLC India Renewables Limited (NIRL) and APDCL. NIRL is a…