Author: PPD Team Date: 30/10/2024
Tata Power Company Limited (TPCL) has signed a share purchase agreement to acquire a 40% equity stake in Khorlochhu Hydro Power Limited (KHPL) for the development of a 600 MW hydropower project in Bhutan, valued at Rs 69 billion.
TPCL will invest approximately Rs 8.3 billion in cash over multiple tranches during the next five years.
Author: PPD Team Date: 14/02/2025 KPIT Technologies and Trentar Energy Solutions have entered into a collaboration for the development and commercialisation of sodium-ion battery technology. As part of this agreement, KPIT will transfer its sodium-ion battery technology to Trentar, which will focus on scaling up production and operationalising the technology. Under the technology transfer agreement, Trentar will invest in the establishment of a 3 GWh sodium-ion battery manufacturing facility. In return, KPIT will receive upfront…
Author: PPD Team Date: 07/04/2025 Larsen & Toubro (L&T) has incorporated L&T Green Energy Kandla Private Limited through its wholly-owned unit, L&T Energy Green Tech Limited. The company was officially registered on April 4, 2025. The new entity will focus on the development of green hydrogen and its derivatives, including green ammonia. It will also undertake related business activities as part of L&T’s strategy to scale up its presence in the green hydrogen sector. Earlier…
Author: PPD Team Date: 11/04/2025 Ahasolar Technologies Limited has received a consultancy work order from Gujarat Urban Development Company Limited (GUDA), valued at around Rs 10 million. The scope includes preparing detailed project reports (DPRs), assisting in procurement, checking and certifying quality assurance plans, scrutinising design and drawings, and certifying the contractor’s bills. These services support the development of grid-connected solar photovoltaic projects across Gujarat. The projects will include solar systems with capacities of 100…
Author: PPD Team Date: 21/11/2024 Odisha Power Generation Corporation (OPGC) has issued a Notice Inviting Tender (NIT) for the engineering, procurement, and construction (EPC) package for the Stage-III expansion of the IB Thermal Power Project. The project will add two supercritical units, each with a capacity of 600 MW, at Banaharpalli village in Jharsuguda district, Odisha. The total investment for the project is estimated at Rs 127.17 billion, with the last date for bid submission…
Author: PPD Team Date: 10/04/2025 Eastman Auto and Power has announced plans to invest between Rs 7 billion and Rs 10 billion over the next three financial years to expand its capacity. The investment will be funded through internal accruals. The company will focus its expansion on the distributed rooftop solar segment. Eastman aims to reach a turnover of Rs 100 billion by FY26, up from Rs 36 billion in FY24. Founded in 2006 and…
Author: PPD Team Date: 06/03/2025 EDF Renewables North America and Abu Dhabi Future Energy Company (Masdar) have signed a power purchase agreement (PPA) with data center developer Soluna Holdings. Under this agreement, Soluna will purchase up to 166 MW of energy from the Las Majadas wind project to power its upcoming data center, Project Kati, near the wind project’s substation in Willacy County, Texas. The 273 MW Las Majadas wind farm has been operational since…
Author: PPD Team Date: 14/02/2025 KPIT Technologies and Trentar Energy Solutions have entered into a collaboration for the development and commercialisation of sodium-ion battery technology. As part of this agreement, KPIT will transfer its sodium-ion battery technology to Trentar, which will focus on scaling up production and operationalising the technology. Under the technology transfer agreement, Trentar will invest in the establishment of a 3 GWh sodium-ion battery manufacturing facility. In return, KPIT will receive upfront…
Author: PPD Team Date: 07/04/2025 Larsen & Toubro (L&T) has incorporated L&T Green Energy Kandla Private Limited through its wholly-owned unit, L&T Energy Green Tech Limited. The company was officially registered on April 4, 2025. The new entity will focus on the development of green hydrogen and its derivatives, including green ammonia. It will also undertake related business activities as part of L&T’s strategy to scale up its presence in the green hydrogen sector. Earlier…
Author: PPD Team Date: 11/04/2025 Ahasolar Technologies Limited has received a consultancy work order from Gujarat Urban Development Company Limited (GUDA), valued at around Rs 10 million. The scope includes preparing detailed project reports (DPRs), assisting in procurement, checking and certifying quality assurance plans, scrutinising design and drawings, and certifying the contractor’s bills. These services support the development of grid-connected solar photovoltaic projects across Gujarat. The projects will include solar systems with capacities of 100…
Author: PPD Team Date: 21/11/2024 Odisha Power Generation Corporation (OPGC) has issued a Notice Inviting Tender (NIT) for the engineering, procurement, and construction (EPC) package for the Stage-III expansion of the IB Thermal Power Project. The project will add two supercritical units, each with a capacity of 600 MW, at Banaharpalli village in Jharsuguda district, Odisha. The total investment for the project is estimated at Rs 127.17 billion, with the last date for bid submission…
Author: PPD Team Date: 10/04/2025 Eastman Auto and Power has announced plans to invest between Rs 7 billion and Rs 10 billion over the next three financial years to expand its capacity. The investment will be funded through internal accruals. The company will focus its expansion on the distributed rooftop solar segment. Eastman aims to reach a turnover of Rs 100 billion by FY26, up from Rs 36 billion in FY24. Founded in 2006 and…
Author: PPD Team Date: 06/03/2025 EDF Renewables North America and Abu Dhabi Future Energy Company (Masdar) have signed a power purchase agreement (PPA) with data center developer Soluna Holdings. Under this agreement, Soluna will purchase up to 166 MW of energy from the Las Majadas wind project to power its upcoming data center, Project Kati, near the wind project’s substation in Willacy County, Texas. The 273 MW Las Majadas wind farm has been operational since…
Author: PPD Team Date: 14/02/2025 KPIT Technologies and Trentar Energy Solutions have entered into a collaboration for the development and commercialisation of sodium-ion battery technology. As part of this agreement, KPIT will transfer its sodium-ion battery technology to Trentar, which will focus on scaling up production and operationalising the technology. Under the technology transfer agreement, Trentar will invest in the establishment of a 3 GWh sodium-ion battery manufacturing facility. In return, KPIT will receive upfront…
Author: PPD Team Date: 07/04/2025 Larsen & Toubro (L&T) has incorporated L&T Green Energy Kandla Private Limited through its wholly-owned unit, L&T Energy Green Tech Limited. The company was officially registered on April 4, 2025. The new entity will focus on the development of green hydrogen and its derivatives, including green ammonia. It will also undertake related business activities as part of L&T’s strategy to scale up its presence in the green hydrogen sector. Earlier…