Author: PPD Team Date: December 23, 2024
Ganesh Green Bharat Limited has secured a Rs 571.2 million contract from Kirloskar Solar Technologies Private Limited for developing 40 MW solar power projects across multiple states, including Maharashtra.
The contract, awarded on December 19, 2024, involves the supply of non-DCR monocrystalline PERC solar photovoltaic modules for the projects.
Author: PPD Team Date: June 18, 2025 Kazakhstan has chosen Russia’s Rosatom and China’s CNNC (China National Nuclear Corporation) to lead two international consortia for building its first nuclear power plants. The move supports Kazakhstan’s goal of adding 2.4GW of nuclear power capacity by 2035. This is a major shift for the country, which has not had nuclear power since decommissioning its BN-350 reactor in 1999. While Kazakhstan is one of the world’s top uranium…
Author: PPD Team Date: March 20, 2025 On March 18, 2025, four firms secured bids to develop the 1,200 MW Inter State Transmission System (ISTS)-connected wind-solar hybrid project (NTPC-03) across India. NLC India Limited won the largest share, securing 450 MW at a tariff of Rs 3.35 per kWh. EG Solwin Renewables Private Limited (Enfinity Global) won 300 MW at the same tariff. Welspun New Energy Limited (Welspun Energy Limited) secured 250 MW, also at…
Author: PPD Team Date: October 22, 2025 ACME Solar Holdings Limited has expanded its renewable portfolio with two major milestones, the signing of a 25-year Power Purchase Agreement (PPA) for a firm renewable energy project and the commissioning of the first phase of a 100 MW wind project in Gujarat. Through its special purpose vehicle (SPV), ACME Solar signed the PPA with Tata Power Company Limited (Tata Power-D) on October 16, 2025, for a 50…
Author: PPD Team Date: February 18, 2026 Sterlite Electric has appointed Sumil Mathur as Group Chief Financial Officer (CFO). He will oversee global financial strategy, capital management and corporate governance across the group’s businesses. In his new role, Mathur will be responsible for financial management and supporting strategic growth initiatives across business verticals. He joins Sterlite Electric after serving at Emaar India as Chief Operating Officer (COO) and Chief Financial Officer (CFO), where he was…
Author: PPD Team Date: September 8, 2025 Adani Green Energy Limited (AGEL), through its stepdown subsidiaries, has brought 87.5 megawatts of power projects into operation at Khavda, Gujarat. With these additions, AGEL’s total operational renewable generation capacity has reached 16,078 megawatts. The projects received necessary clearances on September 7, 2025, the decision was made to declare them commercially operational from September 8, 2025.
Author: PPD Team Date: May 23, 2025 The World Bank has approved a USD350 million grant for the Mpatamanga Hydropower Storage Project (MHSP) in Malawi. The funding was cleared by the International Development Association (IDA), a part of the World Bank Group. The 358.5 MW project was co-developed by the Government of Malawi and the International Finance Corporation under a public-private partnership model. The total expected cost exceeds USD1.5 billion, including financing during construction. Once…