Author: PPD Team Date: 05/11/2024
Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Renewables & Infrastructure Limited, has acquired the remaining 51% equity stake in Sherisha Solar SPV Two Private Limited.
This acquisition increases RGPL’s ownership to 100%, making Sherisha Solar SPV Two a fully-owned step-down subsidiary.
Author: PPD Team Date: 22/01/2025 The Travancore Devaswom Board (TDB) plans to set up a solar energy plant with technical support from Cochin International Airport Limited (CIAL), recognized as the first fully solar-powered airport. CIAL is preparing the detailed project report and offering technical guidance for the initiative.
Author: PPD Team Date: 07/02/2025 Power Machines (India) Limited has won a contract worth Rs 11.19 billion for electro-mechanical (E&M) works (Lot-III) of the Kwar Hydro Electric Project (HEP). Chenab Valley Power Projects Private Limited (CVPP) invited bids for the project in May 2024. The work is expected to be completed in 40 months. The Kwar HEP is a run-of-river (RoR) scheme on the Chenab River near Padyarna village in Kishtwar district, Jammu region. CVPP…
Author: PPD Team Date: 12/11/2024 Power Finance Corporation Limited (PFC) reported a net profit of Rs 72.15 billion for the quarter ending September 2024, an 8.86 per cent increase from Rs 66.28 billion in the same quarter last year. The company’s total income also rose by 15.04 per cent, reaching Rs 257.55 billion compared to Rs 223.87 billion in the previous year’s corresponding period.
Author: PPD Team Date: 24/01/2025 Waaree Solar Americas, a wholly-owned subsidiary of Waaree Energies Limited (WEL), has begun the commercial production of solar modules at its manufacturing facility in Brookshire, Texas, with a capacity of 1,600 MW. This facility marks a key step in localising solar module manufacturing in the United States, supporting job creation and reducing dependence on imported solar products. The Texas plant will produce high-quality photovoltaic modules to meet the growing demand…
Author: PPD Team Date: 21/02/2025 NTPC Green Energy Limited (NGEL) and Bharat Light and Power Private Limited (BLP) have signed a memorandum of understanding (MoU) to advance green energy initiatives and support India’s carbon neutrality goals. The agreement focuses on exploring the off-take of green hydrogen and its derivatives from NGEL and its affiliates to third parties. Both companies will also assess opportunities for selling captured carbon or biogenic carbon from NGEL’s operations. As part…
Author: PPD Team Date: 11/12/2024 AM Green Ammonia India has entered into a binding power purchase agreement (PPA) with Gentari through its subsidiary, Gentari Renewables India Castor One. Under this long-term agreement, Gentari will supply 650 MW of round-the-clock (RTC), carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities. Gentari will develop approximately 2400 MWp of renewable energy capacity, comprising solar and wind, across Andhra Pradesh and Karnataka. This will be integrated with 350…
Author: PPD Team Date: 22/01/2025 The Travancore Devaswom Board (TDB) plans to set up a solar energy plant with technical support from Cochin International Airport Limited (CIAL), recognized as the first fully solar-powered airport. CIAL is preparing the detailed project report and offering technical guidance for the initiative.
Author: PPD Team Date: 07/02/2025 Power Machines (India) Limited has won a contract worth Rs 11.19 billion for electro-mechanical (E&M) works (Lot-III) of the Kwar Hydro Electric Project (HEP). Chenab Valley Power Projects Private Limited (CVPP) invited bids for the project in May 2024. The work is expected to be completed in 40 months. The Kwar HEP is a run-of-river (RoR) scheme on the Chenab River near Padyarna village in Kishtwar district, Jammu region. CVPP…
Author: PPD Team Date: 12/11/2024 Power Finance Corporation Limited (PFC) reported a net profit of Rs 72.15 billion for the quarter ending September 2024, an 8.86 per cent increase from Rs 66.28 billion in the same quarter last year. The company’s total income also rose by 15.04 per cent, reaching Rs 257.55 billion compared to Rs 223.87 billion in the previous year’s corresponding period.
Author: PPD Team Date: 24/01/2025 Waaree Solar Americas, a wholly-owned subsidiary of Waaree Energies Limited (WEL), has begun the commercial production of solar modules at its manufacturing facility in Brookshire, Texas, with a capacity of 1,600 MW. This facility marks a key step in localising solar module manufacturing in the United States, supporting job creation and reducing dependence on imported solar products. The Texas plant will produce high-quality photovoltaic modules to meet the growing demand…
Author: PPD Team Date: 21/02/2025 NTPC Green Energy Limited (NGEL) and Bharat Light and Power Private Limited (BLP) have signed a memorandum of understanding (MoU) to advance green energy initiatives and support India’s carbon neutrality goals. The agreement focuses on exploring the off-take of green hydrogen and its derivatives from NGEL and its affiliates to third parties. Both companies will also assess opportunities for selling captured carbon or biogenic carbon from NGEL’s operations. As part…
Author: PPD Team Date: 11/12/2024 AM Green Ammonia India has entered into a binding power purchase agreement (PPA) with Gentari through its subsidiary, Gentari Renewables India Castor One. Under this long-term agreement, Gentari will supply 650 MW of round-the-clock (RTC), carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities. Gentari will develop approximately 2400 MWp of renewable energy capacity, comprising solar and wind, across Andhra Pradesh and Karnataka. This will be integrated with 350…
Author: PPD Team Date: 22/01/2025 The Travancore Devaswom Board (TDB) plans to set up a solar energy plant with technical support from Cochin International Airport Limited (CIAL), recognized as the first fully solar-powered airport. CIAL is preparing the detailed project report and offering technical guidance for the initiative.
Author: PPD Team Date: 07/02/2025 Power Machines (India) Limited has won a contract worth Rs 11.19 billion for electro-mechanical (E&M) works (Lot-III) of the Kwar Hydro Electric Project (HEP). Chenab Valley Power Projects Private Limited (CVPP) invited bids for the project in May 2024. The work is expected to be completed in 40 months. The Kwar HEP is a run-of-river (RoR) scheme on the Chenab River near Padyarna village in Kishtwar district, Jammu region. CVPP…