Author: PPD Team Date: 02/01/2025
Solidus Techno Power Private Limited has laid the foundation for a 50 MWp solar power project in Ghattianwali Jattan village, Firozpur district, Punjab.
The project is being implemented by Bluesky NRG Private Limited and developed by Solidus Techno on an engineering, procurement, and construction (EPC) basis.
Author: PPD Team Date: 21/02/2025 Vikram Solar Limited has increased its manufacturing capacity by 1,000 MW at its Falta facility in West Bengal and upgraded its Oragadam facility in Chennai, Tamil Nadu. The expansion enables the production of high-efficiency solar modules, including tunnel oxide passivated contact (TOPCon) and heterojunction technology (HJT) modules. With these developments, Vikram Solar’s total annual nameplate production capacity has reached 4,500 MW. The expansion at the Falta facility began with equipment…
Author: PPD Team Date: 30/01/2025 NTPC Limited has announced plans to expand the Lara Super Critical Thermal Power Project with a Stage III development, estimated at Rs 155 billion. Stage I, with a capacity of 1,600 MW, is operational, and Stage II, with the same capacity, is under development in Raigarh district, Chhattisgarh. In another major development, Andhra Pradesh Power Generation Corporation Limited (APGENCO) is preparing to submit the detailed project report (DPR) for the…
Author: PPD Team Date: 03/01/2025 Indian Railway Finance Corporation (IRFC) has signed a memorandum of understanding (MoU) with the Renewable Energy Management Centre (REMC) to finance renewable energy projects supplying power to Indian Railways. The partnership aims to support renewable energy initiatives and explore financing options for thermal, nuclear, and renewable projects under a captive model. REMC will utilise its expertise to procure cost-effective energy and conduct bids for renewable energy projects aligned with the…
Author: PPD Team Date: 21/10/2024 Azure Power Global Ltd, a leading renewable power producer in India, has completed an Rs 24 billion refinancing transaction structured as an INR Term Loan underwritten solely by REC Ltd. This transaction enabled the company to prepay its $350 million Green Bonds, originally issued in 2019, which were set to mature in December 2024. These bonds were backed by 10 solar projects commissioned between 2016 and 2019. Previously, Azure Power…
Author: PPD Team Date: 08/01/2025 PFC Consulting Limited (PFCCL) incorporated Anantapur II REZ Transmission Limited, a special purpose vehicle (SPV) for developing the Transmission System for integration of Anantapur-II REZ (Phase-I: 4.5 GW), on January 7, 2025. PFCCL has also been appointed as the bid process coordinator (BPC) for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process.
Author: PPD Team Date: 05/11/2024 K.P. Energy, based in Gujarat, has secured engineering, procurement, and construction (EPC) contracts totalling 1,003.7 MW from its parent company, KPI Green Energy. The projects include an 86.8 MW hybrid plant (70 MW solar and 16.8 MW wind), a 641.9 MW hybrid plant (518 MW solar and 123.9 MW wind), and a 275 MW solar plant. These projects were awarded to KPI Green Energy through various tenders by Gujarat Urja…
Author: PPD Team Date: 21/02/2025 Vikram Solar Limited has increased its manufacturing capacity by 1,000 MW at its Falta facility in West Bengal and upgraded its Oragadam facility in Chennai, Tamil Nadu. The expansion enables the production of high-efficiency solar modules, including tunnel oxide passivated contact (TOPCon) and heterojunction technology (HJT) modules. With these developments, Vikram Solar’s total annual nameplate production capacity has reached 4,500 MW. The expansion at the Falta facility began with equipment…
Author: PPD Team Date: 30/01/2025 NTPC Limited has announced plans to expand the Lara Super Critical Thermal Power Project with a Stage III development, estimated at Rs 155 billion. Stage I, with a capacity of 1,600 MW, is operational, and Stage II, with the same capacity, is under development in Raigarh district, Chhattisgarh. In another major development, Andhra Pradesh Power Generation Corporation Limited (APGENCO) is preparing to submit the detailed project report (DPR) for the…
Author: PPD Team Date: 03/01/2025 Indian Railway Finance Corporation (IRFC) has signed a memorandum of understanding (MoU) with the Renewable Energy Management Centre (REMC) to finance renewable energy projects supplying power to Indian Railways. The partnership aims to support renewable energy initiatives and explore financing options for thermal, nuclear, and renewable projects under a captive model. REMC will utilise its expertise to procure cost-effective energy and conduct bids for renewable energy projects aligned with the…
Author: PPD Team Date: 21/10/2024 Azure Power Global Ltd, a leading renewable power producer in India, has completed an Rs 24 billion refinancing transaction structured as an INR Term Loan underwritten solely by REC Ltd. This transaction enabled the company to prepay its $350 million Green Bonds, originally issued in 2019, which were set to mature in December 2024. These bonds were backed by 10 solar projects commissioned between 2016 and 2019. Previously, Azure Power…
Author: PPD Team Date: 08/01/2025 PFC Consulting Limited (PFCCL) incorporated Anantapur II REZ Transmission Limited, a special purpose vehicle (SPV) for developing the Transmission System for integration of Anantapur-II REZ (Phase-I: 4.5 GW), on January 7, 2025. PFCCL has also been appointed as the bid process coordinator (BPC) for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process.
Author: PPD Team Date: 05/11/2024 K.P. Energy, based in Gujarat, has secured engineering, procurement, and construction (EPC) contracts totalling 1,003.7 MW from its parent company, KPI Green Energy. The projects include an 86.8 MW hybrid plant (70 MW solar and 16.8 MW wind), a 641.9 MW hybrid plant (518 MW solar and 123.9 MW wind), and a 275 MW solar plant. These projects were awarded to KPI Green Energy through various tenders by Gujarat Urja…
Author: PPD Team Date: 21/02/2025 Vikram Solar Limited has increased its manufacturing capacity by 1,000 MW at its Falta facility in West Bengal and upgraded its Oragadam facility in Chennai, Tamil Nadu. The expansion enables the production of high-efficiency solar modules, including tunnel oxide passivated contact (TOPCon) and heterojunction technology (HJT) modules. With these developments, Vikram Solar’s total annual nameplate production capacity has reached 4,500 MW. The expansion at the Falta facility began with equipment…
Author: PPD Team Date: 30/01/2025 NTPC Limited has announced plans to expand the Lara Super Critical Thermal Power Project with a Stage III development, estimated at Rs 155 billion. Stage I, with a capacity of 1,600 MW, is operational, and Stage II, with the same capacity, is under development in Raigarh district, Chhattisgarh. In another major development, Andhra Pradesh Power Generation Corporation Limited (APGENCO) is preparing to submit the detailed project report (DPR) for the…