Author: PPD Team Date: 30/12/2024
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Andhra Pradesh unveils policy to attract Rs 10 trillion investment for clean energy
Author: PPD Team Date: 18/10/2024 The Andhra Pradesh government aims to secure Rs 10 trillion in investments through its newly launched AP Integrated Clean Energy (ICE) Policy, focusing on solar, wind, and round-the-clock renewable energy projects to achieve net-zero carbon emissions by 2047. Chief Minister N Chandrababu Naidu announced the policy, which offers incentives such as affordable land acquisition and power subsidies for specific sectors. The ICE Policy includes a target of developing 78.5 GW…
Premier Energies subsidiaries secure Rs 10.87 billion solar contracts
Author: PPD Team Date: 27/11/2024 Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, subsidiaries of Premier Energies Limited, have secured contracts worth Rs 10.87 billion for the supply of solar modules and cells in India as of November 25, 2024. The contracts include Rs 9.64 billion for solar modules and Rs 1.23 billion for solar cells. Deliveries are expected to commence in January 2025.
PGCIL wins bid for 8 GW transmission project in Gujarat’s Khavda REZ
Author: PPD Team Date: 30/10/2024 Power Grid Corporation of India Limited (PGCIL) has been awarded the inter-state transmission system (ISTS) project to evacuate power from the renewable energy zone in the Khavda area of Gujarat under Phase-V (8 GW), Part A. The project will be developed on a build, own, operate, and transfer (BOOT) basis. The project includes the establishment of 6,000 MW, ±800kV HVDC terminals at KPS2 (Gujarat) and Nagpur (Maharashtra), along with a…
Gensol Engineering secures EPC contract for 22 MW solar projects
Author: PPD Team Date: 19/12/2024 Gensol Engineering Limited has won an EPC contract worth Rs 880 million from a steel products company to develop 22 MW solar photovoltaic (PV) power projects in Punjab. The contract was awarded on December 18, 2024 and is scheduled for completion within six months.
CESL issues tender for EV charging stations in Faridabad, Haryana
Author: PPD Team Date: 28/10/2024 Convergence Energy Services Limited (CESL) has launched a tender to establish and maintain EV charging stations at seven locations within the Municipal Corporation of Faridabad, Haryana. Bids are due by October 30, 2024, with an opening on the same day. The tender requires a Rs 15,000 document fee and an earnest money deposit of Rs 212,000. The project is expected to complete within four months of award issuance or no-objection…
Hero MotoCorp, Aurobindo Pharma to invest in captive solar power projects
Author: PPD Team Date: 11/02/2025 The Board of Directors of Hero MotoCorp Limited has approved an agreement with CleanMax Enviro Energy Solutions Private Limited to set up a solar power project. A special purpose vehicle (SPV) will be formed for the project, with Hero MotoCorp investing Rs 51.5 million for a 26 per cent equity stake. The power generated will be supplied to Hero’s plants in Dharuhera and Gurugram under the group captive mechanism. Similarly,…