Author: PPD Team Date: December 31, 2024
J&V Energy has signed a memorandum of understanding (MoU) with ESPRO to establish a joint holding company for solar energy development and management in Thailand.
The partnership aims to enhance renewable energy adoption and operational efficiency in line with Thailand’s sustainability goals.
Author: PPD Team Date: November 3, 2025 France will provide $550 million to help Vietnam expand clean energy and low-emission transport projects, reinforcing bilateral cooperation under the Just Energy Transition Partnership (JETP). The announcement was made by French Ambassador Olivier Brochet at an event in Hanoi on October 24, marking three decades of the French Development Agency (AFD) in Vietnam. Ambassador Brochet said that more than half of the pledged amount has already been deployed…
Author: PPD Team Date: February 19, 2025 Shakti Pumps Limited has invested Rs 390 million in its wholly owned subsidiary, Shakti Electric Vehicle (EV) Mobility Private Limited, by subscribing to 4 million equity shares of face value Rs 10 each. The subsidiary will focus on manufacturing, processing, trading, and distributing EV motors and charger controllers. Shakti EV Mobility, incorporated in December 2021, aims to drive innovation and meet the growing demand for EV components, as…
Author: PPD Team Date: November 14, 2024 Power Minister Manohar Lal Khattar has encouraged states to identify viable sites for nuclear power plants, especially in areas far from coal sources. The government has already shortlisted 18 locations across the country for new nuclear capacity, aiming to increase nuclear power from 8 GW to 20 GW by 2032. The Minister advised states to repurpose sites of retired coal-based thermal plants for this purpose. At the recent…
Author: PPD Team Date: January 10, 2025 GMR Power and Urban Infra (GPUIL) has secured approval from the Indian Renewable Energy Development Agency (IREDA) to part-finance a Rs 34.67 billion project for installing and maintaining 7.569 million smart meters across key regions in Uttar Pradesh. The project, in collaboration with Bosch Global Software Technologies as the technical partner, covers Varanasi, Azamgarh, Prayagraj, and Mirzapur under Purvanchal Vidyut Vitran Nigam (PUVNL), along with Agra and Aligarh…
Author: PPD Team Date: November 7, 2025 Tata Power Company Limited will invest Rs 11,000 crore in a pumped hydro storage project at Shirawta in Pune, Maharashtra. Construction is scheduled to begin in July 2026 and will take about five years to complete. The project will be funded through a 70:30 debt-equity structure. The Shirawta facility, with a planned capacity of 1,800 MW, is one of two pumped storage projects being developed by Tata Power…
Author: PPD Team Date: October 27, 2025 The Rajasthan Renewable Energy Corporation Limited (RREC) has withdrawn its procedure for implementing wind and hybrid projects and will no longer register or verify wind turbine generator (WTG) coordinates on private land. Developers will now be solely responsible for maintaining mandatory spacing between turbines. The order, issued on October 15, 2025, revokes the “Procedure-cum-Guidelines for Implementation of Wind/Hybrid Power Projects in the State” issued on May 2, 2025….