Author: PPD Team Date: 30/12/2024
Gensol Engineering Limited has won a Rs 8.97 billion contract from NTPC Renewable Energy Limited to develop a 225 MW grid-connected solar project.
The project will be executed on an engineering, procurement, and construction (EPC) basis at the Gujarat State Electricity Corporation Limited Solar Park (Stage-III) in Khavda, Rann of Kutch, Gujarat.
The contract includes project development and operations and maintenance services for three years.
Author: PPD Team Date: 30/10/2024 Saboo Sodium Chloro (SSCL) has announced the expansion of its captive solar power plant at the Nawa refinery in Sambhar Lake, Rajasthan. With an additional 150 kW, the facility’s total solar capacity now reaches 650 kW. EKAM Green Ventures has been appointed as the EPC contractor, with the project expected to be operational within ten days. This expansion is anticipated to generate annual energy cost savings of approximately Rs 4…
Author: PPD Team Date: 21/03/2025 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) reviewed several thermal and hydroelectric power projects in its February-March meetings. These projects faced scrutiny over environmental compliance, land use, and regulatory approvals. Here is a detailed look at the key discussions and decisions: Expansion by Addition of 2 x 660 MW Supercritical Units in Korba West, Chhattisgarh The project involves the expansion of Hasdeo…
Author: PPD Team Date: 28/04/2025 Fortum Oyj has exited India’s renewable energy market by selling its platform, Fortum India Pvt Ltd (FIPL), to New York-based Hexa Climate Solutions, backed by I Squared Capital. Hexa acquired 100% of FIPL, including its management company, carbon credits, and a 40-member team. The sale process, managed by EY, attracted five bidders, including Japan’s Marubeni Corp, Dutch pension fund APG, and infrastructure fund AP Moller Capital. FIPL’s portfolio includes a…
Author: PPD Team Date: 13/12/2024 Bajel Projects (BPL) has been awarded a contract by Solapur Transmission for the supply of goods and services related to a new substation in Solapur, Maharashtra. The contract includes EPC work covering design, engineering, manufacturing, supply, erection, civil work, testing, and commissioning for the 400/220 KV Solapur pooling station and the establishment of two 400 KV Line Bays under Power Grid Solapur. The project is scheduled for completion within 15…
Author: PPD Team Date: 03/04/2025 AMPIN Energy Transition has signed a power purchase agreement (PPA) with Poly Medicure Limited to supply 9.9 MWp of solar power from its 75 MWp solar park in Kurungawali, Sirsa, Haryana. This agreement will provide renewable energy for Poly Medicure’s operations, supporting its push toward sustainable manufacturing. This marks Poly Medicure’s first off-site solar PPA, replacing 35 per cent of conventional power across its five manufacturing plants in Faridabad. The…
Author: PPD Team Date: 18/12/2024 Kohlberg Kravis Roberts (KKR) has sold a 2.6 per cent stake in India Grid Trust through an open market transaction, valued at Rs 2.77 billion. KKR’s affiliate, Esoteric II Pte, sold 20.1 million units at an average price of Rs 138.01 per unit.
Author: PPD Team Date: 30/10/2024 Saboo Sodium Chloro (SSCL) has announced the expansion of its captive solar power plant at the Nawa refinery in Sambhar Lake, Rajasthan. With an additional 150 kW, the facility’s total solar capacity now reaches 650 kW. EKAM Green Ventures has been appointed as the EPC contractor, with the project expected to be operational within ten days. This expansion is anticipated to generate annual energy cost savings of approximately Rs 4…
Author: PPD Team Date: 21/03/2025 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) reviewed several thermal and hydroelectric power projects in its February-March meetings. These projects faced scrutiny over environmental compliance, land use, and regulatory approvals. Here is a detailed look at the key discussions and decisions: Expansion by Addition of 2 x 660 MW Supercritical Units in Korba West, Chhattisgarh The project involves the expansion of Hasdeo…
Author: PPD Team Date: 28/04/2025 Fortum Oyj has exited India’s renewable energy market by selling its platform, Fortum India Pvt Ltd (FIPL), to New York-based Hexa Climate Solutions, backed by I Squared Capital. Hexa acquired 100% of FIPL, including its management company, carbon credits, and a 40-member team. The sale process, managed by EY, attracted five bidders, including Japan’s Marubeni Corp, Dutch pension fund APG, and infrastructure fund AP Moller Capital. FIPL’s portfolio includes a…
Author: PPD Team Date: 13/12/2024 Bajel Projects (BPL) has been awarded a contract by Solapur Transmission for the supply of goods and services related to a new substation in Solapur, Maharashtra. The contract includes EPC work covering design, engineering, manufacturing, supply, erection, civil work, testing, and commissioning for the 400/220 KV Solapur pooling station and the establishment of two 400 KV Line Bays under Power Grid Solapur. The project is scheduled for completion within 15…
Author: PPD Team Date: 03/04/2025 AMPIN Energy Transition has signed a power purchase agreement (PPA) with Poly Medicure Limited to supply 9.9 MWp of solar power from its 75 MWp solar park in Kurungawali, Sirsa, Haryana. This agreement will provide renewable energy for Poly Medicure’s operations, supporting its push toward sustainable manufacturing. This marks Poly Medicure’s first off-site solar PPA, replacing 35 per cent of conventional power across its five manufacturing plants in Faridabad. The…
Author: PPD Team Date: 18/12/2024 Kohlberg Kravis Roberts (KKR) has sold a 2.6 per cent stake in India Grid Trust through an open market transaction, valued at Rs 2.77 billion. KKR’s affiliate, Esoteric II Pte, sold 20.1 million units at an average price of Rs 138.01 per unit.
Author: PPD Team Date: 30/10/2024 Saboo Sodium Chloro (SSCL) has announced the expansion of its captive solar power plant at the Nawa refinery in Sambhar Lake, Rajasthan. With an additional 150 kW, the facility’s total solar capacity now reaches 650 kW. EKAM Green Ventures has been appointed as the EPC contractor, with the project expected to be operational within ten days. This expansion is anticipated to generate annual energy cost savings of approximately Rs 4…
Author: PPD Team Date: 21/03/2025 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) reviewed several thermal and hydroelectric power projects in its February-March meetings. These projects faced scrutiny over environmental compliance, land use, and regulatory approvals. Here is a detailed look at the key discussions and decisions: Expansion by Addition of 2 x 660 MW Supercritical Units in Korba West, Chhattisgarh The project involves the expansion of Hasdeo…