Author: PPD Team Date: December 13, 2024
Reliance Power Limited (RPL) incorporated Reliance NU Energies Private Limited, a special purpose vehicle, on December 10, 2024.
The entity will focus on developing renewable energy projects, including solar, wind, hybrid systems, and advanced energy storage solutions such as pumped storage hydropower and battery energy storage systems.
Author: PPD Team Date: December 1, 2025 Serentica Renewables is planning to raise $6 to $8 billion over the next five years. This capital will fuel acquisitions and new projects, aiming to more than double its operational capacity. According to Chairman Pratik Agarwal, the company’s broader goal is to invest $10-11 billion to scale its portfolio to 17 GW by 2029-2030. Currently operating 2 GW of solar and wind capacity, Serentica expects an additional 2…
Author: PPD Team Date: October 15, 2024 Oriano Clean Energy, a leading solar development and EPC company in India, has been awarded a contract to build 184 MWp of solar PV projects in Agar, Malwa, Madhya Pradesh, by Blueleaf Energy, a prominent pan-Asian renewable energy platform. This contract is part of the solar component of Blueleaf Energy’s Pachora Hybrid Power Project. With this new project, Oriano’s EPC portfolio now stands at over 1.5 GWp, with…
Author: PPD Team Date: January 27, 2025 Hazoor Multi Projects launches Maharashtra’s first 1.2 GW solar park Hazoor Multi Projects (HMPL) has recently launched Maharashtra’s first solar park, the Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP), with a capacity of 1.2 GW. Located on 4,200 acres in Solapur district, the park will utilize 750-watt solar panels with fixed and tracking systems to optimize energy production. This initiative is a significant step in supporting India’s renewable…
Author: PPD Team Date: May 12, 2025 The Ministry of Coal (MoC) has signed coal gasification plant development and production agreements (CGPDPA) with three entities under Category II of the coal gasification financial incentive scheme. The selected companies are Jindal Steel and Power Limited, New Era Cleantech Solution Private Limited, and Greta Energy and Metal Private Limited. Launched on January 24, 2024, the scheme has a total outlay of Rs 85 billion. It aims to…
Author: PPD Team Date: November 4, 2025 REC Limited has approved Rs 7,500 crore in financing for a 1.04 GW hybrid renewable energy project being developed by Brookfield Asset Management in Kurnool, Andhra Pradesh. This marks the largest single funding sanction by REC for a private sector project. The project, undertaken through Evren, a clean energy platform formed by Brookfield and Axis Energy, will have 640 MW of wind and 400 MW of solar capacity,…
Author: PPD Team Date: November 29, 2024 REC has introduced a comprehensive framework to streamline vendor operations under PM Surya Ghar: Muft Bijli Yojna, facilitating the smooth rollout of rooftop solar systems. Appointed by the Ministry of New and Renewable Energy (MNRE) as the national registering authority and lead implementing agency, REC has outlined strict requirements for vendors. During registration, vendors must provide accurate and complete information, as false details will lead to application rejection….