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 20, 2026 India’s power distribution utilities have reported a consolidated Profit After Tax (PAT) of Rs 2,701 crore in FY 2024–25, marking a shift after several years of losses. The figures cover distribution companies and power departments and were released by the Ministry of Power on 18 January 2026. The sector’s return to profitability contrasts with a loss of Rs 25,553 crore in FY 2023–24 and a loss of Rs…
Author: PPD Team Date: November 21, 2024 Torrent Power has unveiled a capital expenditure plan of Rs 1.1 trillion over the next eight years, emphasizing renewable energy and energy storage initiatives. More than 63% of this investment is earmarked for the renewable energy sector, underscoring the company’s dedication to India’s clean energy transition. Vice President Jinal Mehta detailed these plans during a panel discussion at the State Bank of India’s banking conclave. He highlighted Torrent…
Author: PPD Team Date: May 21, 2025 ACME Sikar Solar Private Limited, a subsidiary of ACME Solar Holdings, commissioned 112.5 MW under Phase-II of its 300 MW solar project in Bikaner, Rajasthan on May 19, 2025. With this, the cumulative commissioned capacity at the site stands at 165 MW. The project, financed by Power Finance Corporation Limited (PFC), is spread over around 1,300 acres. Power from the plant will be sold on power exchanges at…
Author: PPD Team Date: May 12, 2025 Aerem Solutions Private Limited and OMC Power Limited have signed an agreement to finance rooftop solar power projects worth Rs 2,000 million in Uttar Pradesh. The partnership will support Micro, Small and Medium Enterprises (MSMEs) in setting up rooftop solar systems. Aerem, through its non-banking financial company (NBFC), will provide loans to OMC Power’s customers to fund these installations. This initiative targets a major challenge for MSMEs—access to…
Author: PPD Team Date: December 5, 2024 Cyient DLM has signed a memorandum of understanding (MoU) with Arcedo Systems to establish a 500 kWp rooftop solar power plant at its Mysore facility. Arcedo Systems will handle the design, engineering, installation, and maintenance of the plant, which will operate under a long-term power purchase agreement (PPA). Cyient DLM will source solar power directly from the facility, reducing its carbon footprint and enhancing energy efficiency. Cyient DLM…
Author: PPD Team Date: December 20, 2024 Masali village in Gujarat’s Banaskantha district has become India’s first ‘solar village’ located on the border. The village, with a population of 800, is situated 40 km from the Pakistan border. All 199 houses in the village now have solar panels installed, generating 100% of the village’s electricity needs. The project, worth Rs 11.6 million, provides a total of 225.5 kilowatts of power, exceeding the electricity requirements of…