Author: PPD Team Date: December 13, 2024
Tivolt Electric Vehicles Private Limited, a subsidiary of TI Clean Mobility, has partnered with Tata Power Renewable Energy Limited (TPREL) to build an electric vehicle charging ecosystem.
Under the agreement, TPREL will use its expertise to establish charging stations at Tivolt dealerships, customer locations, and high-traffic public spaces across the country.
Author: PPD Team Date: January 29, 2026 Hindalco Industries Ltd has commissioned India’s first battery grade aluminium foil manufacturing facility in Odisha and announced a major expansion of its aluminium smelting capacity in the state. The projects involve a combined investment of around Rs 21,000 crore and strengthen domestic supply chains for energy storage, electric mobility and power intensive manufacturing. The company has expanded the Aditya Aluminium smelter at Sambalpur by 3.6 lakh tonnes per…
Author: PPD Team Date: November 16, 2025 India’s renewable energy sector saw strong activity in the public markets through 2025. Many companies filed draft papers, secured approval from the Securities and Exchange Board of India (SEBI), or closed successful public issues. Solar manufacturing companies lead the filing momentum The first part of the year saw many companies in solar manufacturing prepare for large capacity additions. Vikram Solar received approval for a public issue of up…
Author: PPD Team Date: September 29, 2025 Alpex Solar Limited has raised about Rs 2.6 billion through a preferential issue of 21,46,600 equity shares and warrants. The company said the funds will be directed toward scaling up its module manufacturing capacity and progressing toward integrated solar cell and module production. The preferential issue drew interest from several institutional investors and funds, including some with existing exposure to the renewable energy sector. Alpex Solar plans to…
Author: PPD Team Date: October 31, 2025 India and Nepal have signed key agreements to develop high-capacity cross-border transmission corridors, strengthening electricity trade and regional energy cooperation. Power Grid Corporation of India Limited (POWERGRID) and the Nepal Electricity Authority (NEA) formalised pacts to establish two joint venture entities, one in each country, for implementing the planned projects. The agreements were signed in the presence of India’s Power Minister Manohar Lal and Nepal’s Minister for Energy,…
Author: PPD Team Date: September 29, 2025 Prime Minister Narendra Modi has inaugurated the 2,800 MW Mahi Banswara Rajasthan Atomic Power Project (MBRAPP), being developed through a joint venture between NTPC Limited and Nuclear Power Corporation of India Limited (NPCIL). The joint venture company, Anushakti Vidhyut Nigam Limited, is implementing the project. The plant, with an investment of Rs 420 billion, will be among India’s largest nuclear facilities and is intended to provide reliable base…
Author: PPD Team Date: September 18, 2024 Reliance Power has secured a contract from the Solar Energy Corporation of India (SECI) to establish a 500 MW/1000 MWh Battery Energy Storage System (BESS). Awarded through a tariff-based competitive bidding (TBCB) process, the standalone BESS will operate on a build, own, and operate (BOO) model for ‘on demand’ usage, marking the company’s entry into the renewable energy and storage sector. Reliance Power will oversee the entire project,…