Author: PPD Team Date: November 27, 2024
On the third day of the 10th round of commercial coal mine auctions, Orissa Alloy Steel Private Limited secured the partially explored Kerendari-BC North coal block in Jharkhand, which has geological reserves of 600 million tonnes.Â
The company submitted the highest bid of 23.25% against a reserve price of 4%.
Author: PPD Team Date: December 12, 2024 NHPC Limited has successfully concluded its tranche VI auction, awarding 1,200 MW of firm and dispatchable renewable energy (FDRE) projects integrated with energy storage systems and connected to the inter-state transmission system (ISTS). The auction also included a greenshoe option of 1,200 MW. Jevargi Solar Power was awarded 150 MW at Rs 4.48 per kWh, while Juniper Green Energy and Avaada Energy secured 200 MW and 600 MW,…
Author: PPD Team Date: July 28, 2025 The Free Trade Agreement (FTA) signed between India and the United Kingdom on July 24 will allow Indian renewable energy manufacturers to export products such as solar modules and wind turbines to the UK at zero tariffs. The move is expected to create new export opportunities for Indian firms amid slowing demand in the United States. The UK has also committed to supporting India in clean energy areas…
Author: PPD Team Date: August 7, 2025 The Ministry of New and Renewable Energy (MNRE) issued a clarification on 6 August 2025 regarding its revised guidelines for prototype wind turbine installations. The clarification pertains to clause 1(ii)(e) of the guidelines released on 12 June 2025. MNRE stated that the National Institute of Wind Energy (NIWE) may issue revised grid synchronisation recommendation letters for prototype wind turbines already recommended under earlier guidelines. However, this is allowed…
Author: PPD Team Date: October 3, 2025 Rays Power Infra has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise up to Rs 11.5 billion through an initial public offering (IPO). The IPO will comprise a fresh equity issue of Rs 9 billion and an offer-for-sale of up to Rs 2.5 billion by promoters and a shareholder. According to the DRHP, Rs 5 billion from the…
Author: PPD Team Date: January 7, 2026 Bondada Engineering Limited reported the commissioning of solar power projects totalling 120.46 MWp in December 2025. The projects were executed for Paradigm IT, Maharashtra State Power Generation Company Limited (MAHAGENCO), and NLC India Limited. The commissioned capacity is spread across Maharashtra and Tamil Nadu. Project locations include Dhule, Amaravati, Hingoli, Pathardi, Shevgaon, Kannad and Dharni in Maharashtra, along with Neyveli in Tamil Nadu. The company said its monthly…
Author: PPD Team Date: September 23, 2025 Adani Green Energy Limited has set up a new step-down subsidiary, Adani Ecogen Three Limited, to focus on renewable power generation. The company disclosed the development in a stock exchange filing on 22 September 2025. According to the filing, the subsidiary was incorporated by Adani Renewable Energy Holding Eleven Limited, a wholly-owned arm of Adani Green Energy. Adani Ecogen Three Limited was registered on the same date with…