India | News

Saatvik Green Energy to supply solar pumps for Maharashtra irrigation

By November 19, 2024November 19, 2024

Author: PPD Team Date: November 19, 2024

Saatvik Green Energy Private Limited has secured a supply order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to provide solar-powered submersible pumps at 250 locations across Maharashtra.

The pumps, ranging from 3 horsepower (HP) to 7.5 HP, aim to enhance water accessibility and support irrigation needs, contributing to sustainable agricultural practices in the region.

Global | News

Afghanistan signs deal to develop 10 GW power capacity by 2032
By August 5, 2025August 5, 2025

Author: PPD Team Date: August 5, 2025 Afghanistan’s Ministry of Energy and Water has signed a $10 billion agreement with a domestic private company to develop power projects with a combined capacity of 10,000 megawatts, Tolo News reported. The projects will be implemented over a six-year period from 2026 to 2032. The agreement covers electricity generation from coal, gas, hydro, wind, and solar sources across multiple provinces. The first phase will target 2,000 to 3,000…

Read More Afghanistan signs deal to develop 10 GW power capacity by 2032
India | Finance | News

IREDA reports 86 per cent growth in loan sanctions in H1 FY 2025-26
By October 3, 2025October 28, 2025

Author: PPD Team Date: October 3, 2025 Indian Renewable Energy Development Agency Limited (IREDA) has reported strong growth in its key business indicators for the half year ended September 30, 2025, based on provisional data. Loan sanctions rose by 86 per cent to Rs 331.48 billion in H1 FY 2025-26, up from Rs 178.60 billion in the same period last year. Loan disbursements increased by 54 per cent to Rs 150.43 billion, compared to Rs…

Read More IREDA reports 86 per cent growth in loan sanctions in H1 FY 2025-26
India | News

Siemens launches SIMOCODE M-CP for advanced motor management in MCCs
By October 23, 2024October 23, 2024

Author: PPD Team Date: October 23, 2024 Siemens has introduced SIMOCODE M-CP, an advanced motor management product series designed specifically for motor control centres (MCC). The SIMOCODE M-CP expands Siemens’ existing portfolio with compact, future-proof technology optimized for MCCs across various industries, including chemicals, infrastructure, mining, and water management. Key Features of SIMOCODE M-CP: Compact and Flexible Design: The device is optimized for withdrawable units in switchboards, offering both front panel and DIN rail mounting…

Read More Siemens launches SIMOCODE M-CP for advanced motor management in MCCs
India | News

Rajesh Power Services files DRHP for IPO on BSE SME
By October 28, 2024October 28, 2024

Author: PPD Team Date: October 28, 2024 Rajesh Power Services Ltd (RPSL) has filed its draft red herring prospectus (DRHP) with BSE SME for an initial public offering (IPO). The IPO includes a fresh issue of 2.79 million equity shares, each with a face value of Rs 10, and an offer for sale of up to 2 million equity shares, also with a face value of Rs 10, through the book-building route. The selling shareholders…

Read More Rajesh Power Services files DRHP for IPO on BSE SME
News | India | T&D

Bajel Projects forms 50:50 JV with ASC in Saudi Arabia
By February 18, 2026February 18, 2026

Author: PPD Team Date: February 18, 2026 Bajel Projects Limited has signed a joint venture agreement with Al Sharif Contracting and Commercial Development Company (ASC) to set up a new entity in the Kingdom of Saudi Arabia. The agreement, executed on February 17, 2026, establishes a 50:50 partnership to pursue Engineering, Procurement, and Construction (EPC) opportunities in the high-voltage transmission and substation segment. The proposed joint venture company (JVCo), which is yet to be incorporated,…

Read More Bajel Projects forms 50:50 JV with ASC in Saudi Arabia
India | News

Andhra Pradesh outlines plan for green hydrogen valley in Amaravati
By July 24, 2025July 24, 2025

Author: PPD Team Date: July 24, 2025 The government of Andhra Pradesh has released a declaration for developing a green hydrogen valley in Amaravati to create an integrated ecosystem for green hydrogen and its derivatives by 2030. Targets include setting up 2 GW of electrolyser manufacturing capacity by 2027, expanding it to 5 GW by 2029, and building 1.50 million metric tonnes per annum of green hydrogen production capacity by 2029. The policy also seeks…

Read More Andhra Pradesh outlines plan for green hydrogen valley in Amaravati

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