Author: PPD Team Date: December 11, 2024
The Central government has approved the development of a 2,000 MW solar park in Rajasthan, with 30 per cent central financial assistance. The project will be developed by Rajasthan Solar Development Corporation.
Rajasthan currently has an installed renewable energy capacity of 30.31 GW, with solar power contributing 24.55 GW.
Author: PPD Team Date: January 19, 2026 Waaree Energies Limited has informed the stock exchanges about the incorporation of eight wholly owned subsidiaries by its step-down subsidiary, Waaree Forever Energies Private Limited (WFEPL). The new entities have been created to hold specific independent power producer (IPP) projects. In its regulatory disclosure, the company stated that WFEPL, a wholly owned subsidiary of Waaree Energies Limited, incorporated the eight companies between January 13 and January 15, 2026….
Author: PPD Team Date: December 12, 2024 INOXGFL Group has launched Inox Solar to venture into solar manufacturing, targeting an initial capacity of five GW for solar modules and 2.5 GW for solar cells by 2026. The promoters plan to invest Rs 15 billion in this initiative. The first solar module manufacturing plant, with a 1.2 GW capacity for TopCon modules, is being set up in Gujarat and is expected to become operational by March…
Author: PPD Team Date: December 26, 2024 Three companies secured contracts totalling 600 MW for the development of 1,000 MW Inter-State Transmission System (ISTS)-Connected Solar Power Projects under Tranche-XVIII. ReNew Solar Power Private Limited (ReNew Power Ventures Private Limited) won 250 MW with a tariff of Rs 3.04 per kWh. ACME Solar Holdings Private Limited secured 300 MW with a tariff of Rs 3.05 per kWh. Adani Renewable Energy Holding Twelve Limited (Adani Green Energy…
Author: PPD Team Date: November 11, 2024 The Energy and Resources Institute (TERI) has unveiled a policy brief, Green Hydrogen – Path to Decarbonization, thoroughly analysing India’s green hydrogen initiatives. India’s targets under the Green Hydrogen Mission include 5 million tons of green hydrogen annually by 2030, potentially increasing to 10 million tons as demand grows. The government has allocated Rs 197.44 billion for this mission, primarily funding the Strategic Interventions for Green Hydrogen Transition…
Author: PPD Team Date: June 20, 2025 Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power, has launched one of India’s most affordable solar rooftop offerings in Odisha under its ‘Ghar Ghar Solar’ campaign. The new offering enables residents to install rooftop solar systems with upfront payments starting at just Rs 2,499 for 1 kW. For 2 kW and 3 kW systems, the initial payments are Rs 4,999 and Rs 7,999…
Author: PPD Team Date: September 26, 2025 CESC Limited will raise Rs 300 crore through 30,000 non-convertible debentures (NCDs) via private placement. Each debenture has a face value of Rs 1 lakh, is senior, secured, rated, unlisted, and carries a three-year tenure. The NCDs will offer a floating coupon of 3-month Treasury Bill rate plus 2.30% per annum, paid quarterly. In case of default, an extra 2% per annum applies. Allotment is set for September…