Author: PPD Team Date: 06/12/2024
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Solarium Green secures Rs 17.38 mn rooftop solar order from NVVNL
Author: PPD Team Date: 31/03/2025 Solarium Green Energy Limited has won a rooftop solar contract worth approximately Rs 17.38 million from NTPC Vidyut Vyapar Nigam Limited (NVVNL) for a 500 kW grid-connected rooftop solar project at IGM Noida. The contract includes Rs 12.43 million for the supply of plant and equipment, Rs 1.77 million for transportation, insurance, installation, and safety provisions, and Rs 3.18 million for 10 years of comprehensive operations and maintenance. The project…
Federal Bank and Ecofy collaborate to finance MSME solar projects
Author: PPD Team Date: 19/12/2024 Federal Bank has partnered with Ecofy, a green-focused NBFC backed by Eversource Capital, to offer financing solutions for MSMEs investing in rooftop solar installations. The program targets financing 3,600 kW of rooftop solar annually, focusing on installations in the 20-200 kW range, a segment often underserved by lenders. This initiative is expected to reduce over 2,500 tonnes of carbon emissions each year while addressing MSMEs’ financial barriers. Federal Bank, with…
Amazon and Google back plan to triple global nuclear energy capacity by 2050
Author: PPD Team Date: 20/03/2025 Amazon and Google have pledged support for a global initiative to triple nuclear energy capacity by 2050, according to Reuters. The commitment, facilitated by the World Nuclear Association (WNA), has also gained backing from shale company Occidental and Japanese heavy equipment manufacturer IHI. More industry players, including those from maritime, aviation, and oil and gas, are expected to join. The pledge builds on a 2023 commitment by over 30 countries…
RMC Switchgears secures contract for 10 MW solar project in Maharashtra
Author: PPD Team Date: 07/02/2025 RMC Switchgears Limited has won a Rs 192.4 million contract from Maharashtra State Power Generation Company Limited (MSPGCL) for setting up 10 MW decentralised solar photovoltaic (PV) power projects under the “Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0” scheme in Maharashtra. The contract was awarded on February 5, 2025. The project, located at the 33/11 kV Sakali substation in Yawal taluka, Jalgaon district, will be implemented on an engineering, procurement,…
MNRE launches ‘Innovative Projects’ scheme under PM-Surya Ghar
Author: PPD Team Date: 15/10/2024 The Ministry of New and Renewable Energy (MNRE) has introduced Scheme Guidelines for ‘Innovative Projects’ under the PM-Surya Ghar: Muft Bijli Yojana, as notified on October 8, 2024. This initiative aims to foster advancements in rooftop solar technologies, business models, and integration techniques with a budget of Rs 50 billion. The scheme will support startups, institutions, and industries in piloting new concepts such as blockchain-based peer-to-peer solar trading, smart materials,…
EAC recommends environmental clearance for Raipur and Anuppur thermal projects
Author: PPD Team Date: 29/10/2024 The Expert Appraisal Committee (EAC) under India’s Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended environmental clearance (EC) and Terms of Reference (ToR) for two ultra super-critical thermal power projects by Adani Power Limited (APL): the 1,600 MW Raipur (Raikheda) Thermal Expansion Project and the 3,200 MW Anuppur Thermal Power Plant. 1,600 MW Raipur (Raikheda) Ultra Super-Critical Expansion:This expansion project will add 1,600 MW (2×800 MW) to the…
Solarium Green secures Rs 17.38 mn rooftop solar order from NVVNL
Author: PPD Team Date: 31/03/2025 Solarium Green Energy Limited has won a rooftop solar contract worth approximately Rs 17.38 million from NTPC Vidyut Vyapar Nigam Limited (NVVNL) for a 500 kW grid-connected rooftop solar project at IGM Noida. The contract includes Rs 12.43 million for the supply of plant and equipment, Rs 1.77 million for transportation, insurance, installation, and safety provisions, and Rs 3.18 million for 10 years of comprehensive operations and maintenance. The project…
Federal Bank and Ecofy collaborate to finance MSME solar projects
Author: PPD Team Date: 19/12/2024 Federal Bank has partnered with Ecofy, a green-focused NBFC backed by Eversource Capital, to offer financing solutions for MSMEs investing in rooftop solar installations. The program targets financing 3,600 kW of rooftop solar annually, focusing on installations in the 20-200 kW range, a segment often underserved by lenders. This initiative is expected to reduce over 2,500 tonnes of carbon emissions each year while addressing MSMEs’ financial barriers. Federal Bank, with…
Amazon and Google back plan to triple global nuclear energy capacity by 2050
Author: PPD Team Date: 20/03/2025 Amazon and Google have pledged support for a global initiative to triple nuclear energy capacity by 2050, according to Reuters. The commitment, facilitated by the World Nuclear Association (WNA), has also gained backing from shale company Occidental and Japanese heavy equipment manufacturer IHI. More industry players, including those from maritime, aviation, and oil and gas, are expected to join. The pledge builds on a 2023 commitment by over 30 countries…
RMC Switchgears secures contract for 10 MW solar project in Maharashtra
Author: PPD Team Date: 07/02/2025 RMC Switchgears Limited has won a Rs 192.4 million contract from Maharashtra State Power Generation Company Limited (MSPGCL) for setting up 10 MW decentralised solar photovoltaic (PV) power projects under the “Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0” scheme in Maharashtra. The contract was awarded on February 5, 2025. The project, located at the 33/11 kV Sakali substation in Yawal taluka, Jalgaon district, will be implemented on an engineering, procurement,…
MNRE launches ‘Innovative Projects’ scheme under PM-Surya Ghar
Author: PPD Team Date: 15/10/2024 The Ministry of New and Renewable Energy (MNRE) has introduced Scheme Guidelines for ‘Innovative Projects’ under the PM-Surya Ghar: Muft Bijli Yojana, as notified on October 8, 2024. This initiative aims to foster advancements in rooftop solar technologies, business models, and integration techniques with a budget of Rs 50 billion. The scheme will support startups, institutions, and industries in piloting new concepts such as blockchain-based peer-to-peer solar trading, smart materials,…
EAC recommends environmental clearance for Raipur and Anuppur thermal projects
Author: PPD Team Date: 29/10/2024 The Expert Appraisal Committee (EAC) under India’s Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended environmental clearance (EC) and Terms of Reference (ToR) for two ultra super-critical thermal power projects by Adani Power Limited (APL): the 1,600 MW Raipur (Raikheda) Thermal Expansion Project and the 3,200 MW Anuppur Thermal Power Plant. 1,600 MW Raipur (Raikheda) Ultra Super-Critical Expansion:This expansion project will add 1,600 MW (2×800 MW) to the…
Solarium Green secures Rs 17.38 mn rooftop solar order from NVVNL
Author: PPD Team Date: 31/03/2025 Solarium Green Energy Limited has won a rooftop solar contract worth approximately Rs 17.38 million from NTPC Vidyut Vyapar Nigam Limited (NVVNL) for a 500 kW grid-connected rooftop solar project at IGM Noida. The contract includes Rs 12.43 million for the supply of plant and equipment, Rs 1.77 million for transportation, insurance, installation, and safety provisions, and Rs 3.18 million for 10 years of comprehensive operations and maintenance. The project…
Federal Bank and Ecofy collaborate to finance MSME solar projects
Author: PPD Team Date: 19/12/2024 Federal Bank has partnered with Ecofy, a green-focused NBFC backed by Eversource Capital, to offer financing solutions for MSMEs investing in rooftop solar installations. The program targets financing 3,600 kW of rooftop solar annually, focusing on installations in the 20-200 kW range, a segment often underserved by lenders. This initiative is expected to reduce over 2,500 tonnes of carbon emissions each year while addressing MSMEs’ financial barriers. Federal Bank, with…