Adani Energy acquires Pune-III Transmission for Khavda project
Author: PPD Team Date: November 21, 2024
Author: PPD Team Date: November 21, 2024
Adani Energy Solutions Limited (AESL) acquired Pune-III Transmission Limited, a special purpose vehicle (SPV) for development of the Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-IV (7GW): Part D on November 19, 2024.
PFC Consulting Limited (PFCCL) served as the bid process coordinator (BPC) for selection of transmission service provider (TSP) for establishment of the project through tariff based competitive bidding (TBCB) mode process on build, own, operate, and transfer (BOOT) basis.
Author: PPD Team Date: April 25, 2025 CleanMax Enviro Energy Solutions Private Limited has commissioned a wind-solar hybrid power project in Jagalur, Karnataka to supply electricity to the India campus of Cisco Systems, Inc. The project combines 69 MWp of solar and 23.1 MW of wind capacity, making up a 92.1 MW hybrid system. It is part of a larger 151 MW open-access, grid-connected renewable energy project. The project generates 57 million units of electricity…
Author: PPD Team Date: February 3, 2025 Waaree Energies Limited has reported a remarkable performance for Q3 FY 2024-25, with total income rising by 114.63% to Rs 35,452.65 million. The earnings before interest, tax, depreciation, and amortisation (EBITDA) surged by 256.97% to Rs 8,097.05 million, while profit after tax (PAT) increased by 259.98% to Rs 5,068.76 million. The EBITDA margin expanded to 22.84%, up from 13.73%, and the PAT margin improved to 14.30% from 8.52%…
Author: PPD Team Date: June 23, 2025 At the G7 Summit, Prime Minister Narendra Modi reaffirmed India’s commitment to affordable and sustainable energy. Speaking at the 50th anniversary of the G7, he highlighted energy security as a core responsibility and called for collective action to support energy transitions globally. The Prime Minister stressed that India is advancing on the principles of availability, accessibility, affordability, and acceptability. He raised concerns over the unequal impact of global…
Author: PPD Team Date: October 24, 2024 India’s data centre capacity is projected to reach 2,000-2,100 MW by FY27, driven by investments between Rs 500 billion and Rs 550 billion, according to Investment Information and Credit Rating Agency (ICRA). The current capacity is 950 MW, with NTT Global Data Centers, CtrlS Datacenters, STT Global, Sify Technologies, and Nxtra Data controlling 85 per cent of the market as of March 2024. Low data tariffs, affordable smartphones,…
Author: PPD Team Date: March 7, 2025 Sapher has partnered with the Punjab government to develop solar farms in high-potential locations such as Fazilka and Ferozepur. This initiative is being executed in collaboration with Punjab Generation Company, a wholly-owned subsidiary of the Punjab Energy Development Agency. The goal is to boost the state’s renewable energy capacity while addressing challenges associated with canal-based hydropower. We have been closely following Punjab’s renewable energy initiatives. This year, Solidus…
Author: PPD Team Date: July 25, 2025 The Supreme Court has upheld a Delhi High Court ruling that exempts key regulatory fees charged by electricity commissions from Goods and Services Tax (GST). These include fees for granting distribution licences, regulating electricity supply, and other annual charges collected by the Central Electricity Regulatory Commission (CERC) and the Delhi Electricity Regulatory Commission (DERC). This brings clarity to how GST applies to statutory regulatory functions in the power…