Author: PPD Team Date: December 26, 2024
The Ministry of Power (MoP) has planned to set up a nuclear power plant (NPP) in Kerala, pending the availability of 60.7 hectares of land.
Athirappilly in Thrissur district and Cheemeni in Kasaragod district have been identified as suitable sites for the plant.
Kerala State Electricity Board (KSEB) intends to utilize the thorium reserves along the Kerala coast to establish a thorium-based NPP.
Author: PPD Team Date: October 29, 2025 RWE has completed the demolition of two cooling towers at the Gundremmingen nuclear power plant in Bavaria on 25 October, marking a key step in its decommissioning. Specialists from a German blasting firm carried out the operation using 600 kilograms of explosives in 1,800 boreholes. About 56,000 tonnes of debris will be processed into recycled gravel. Around 30,000 people observed the blast, which was declared complete at 1.24…
Author: PPD Team Date: October 22, 2024 Oriana Power Limited has won an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop a 75 MW solar power plant in Maharashtra. The project falls under Component C of the PM-KUSUM Scheme, focusing on feeder-level solarisation and includes land and transmission line development. Additionally, Oriana Power recently secured a 128 MW solar project from Dalmia Cement in Tamil Nadu, valued at Rs 5.2 billion, further…
Author: PPD Team Date: February 13, 2025 India’s solar photovoltaic (PV) module exports have seen significant growth, reaching $1.97 billion in fiscal 2023-24, up from $83 million in fiscal 2021-22. From April to November 2024, exports totalled approximately $782 million, as reported by the Minister of State for New & Renewable Energy, Shripad Yesso Naik, in parliament. The United States remains the largest destination for India’s solar PV modules, with its share of U.S. imports…
Author: PPD Team Date: July 4, 2025 CESC Limited has launched a Rs 2.26 billion infrastructure upgrade project to improve the electricity supply in Kodagu district, Karnataka. The focus is on addressing long-standing power reliability issues, especially in forested and hilly areas. The project involves repairs to 536 km of distribution lines and system strengthening across five subdivisions: Madikeri, Kushalnagar, Somwarpet, Gonikoppa, and Virajpet. Area-wise allocations are as follows: Madikeri (Rs 0.49 billion), Kushalnagar (Rs…
Author: PPD Team Date: August 29, 2025 Acme Solar Holdings Limited has approved a proposal to raise up to Rs 3,000 crore. The matter will be placed before shareholders at the company’s annual general meeting on 29 September 2025. The fundraising plan enables the company to raise an aggregate amount of up to Rs 3,000 crore in one or more tranches. The funds may be mobilised through the issuance of equity shares or equity-linked instruments,…
Author: PPD Team Date: October 17, 2024 KEI Industries Ltd’s board of directors has approved a proposal to raise Rs 20 billion through a qualified institutional placement (QIP). The funds will be raised via the issuance of equity shares or other eligible securities, subject to shareholder and regulatory approvals. A “Fund Raising Committee” has been formed to finalize the QIP’s terms and conditions. In its financial results for H1FY25 (April to September), KEI Industries reported:…