Author: PPD Team Date: January 6, 2025
REC Limited disbursed Rs 546.92 billion in loans during Q3 FY25, marking a 17.98% year-on-year increase. Renewable energy loan disbursements grew by 58.09% to Rs 63.14 billion.
For the first nine months of FY25, REC disbursed Rs 1,456.47 billion, a 19.30% rise from Rs 1,220.89 billion in FY24. Renewable energy loans during this period totalled Rs 176.12 billion, reflecting a 78.68% year-on-year growth.
Author: PPD Team Date: November 4, 2024 Developing an electric vehicle (EV) industry in South and Southeast Asia will require significant investment, with S&P Global Ratings estimating more than US$20 billion in spending by rated carmakers over the next few years. Chinese EV manufacturers are expected to lead the expansion, viewing the region as a key growth market and a strategic hub for exporting to Europe, where Chinese-made EVs face high import tariffs. S&P Global…
Author: PPD Team Date: January 13, 2025 NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited, has commenced commercial operations on a cumulative 110 MW capacity under two major solar power projects in Rajasthan and Madhya Pradesh. Rajasthan: NTPC REL started commercial operations on 60 MW of the 320 MW solar power project in Bhainsara, Jaisalmer, on January 7, 2025. The entire 320 MW capacity, part of the 470 MW grid-connected solar PV…
Author: PPD Team Date: May 6, 2025 The Central Electricity Regulatory Commission (CERC) has issued new rules to improve electricity trading in India. The changes aim to make prices clearer, reduce confusion, and encourage more participation. The new rules apply to short-term power contracts: Term Ahead Market (TAM), Day-Ahead Contingency (DAC), Intra-Day, and Any-Day Single-Sided (ADSS). In the TAM segment, power exchanges will stop offering custom time slots like hourly contracts within a week. Only…
Author: PPD Team Date: April 4, 2025 Senvion India has announced that its 3.1M130 wind turbine is now included in the Ministry of New and Renewable Energy’s (MNRE) Revised List of Models and Manufacturers (RLMM), issued in April 2025. Commercial grid-connected installations are set to begin across India. The 3.1M130 turbine features a 130-metre rotor, based on the 2XM platform, and is designed for pad constraint sites where capacity is limited by location. It is…
Author: PPD Team Date: May 5, 2025 The joint venture of GP Eco Solutions India Limited and Synergy Wave Limited has received a Letter of Intent (LoI) worth Rs 505.2 million from Braithwaite & Company Limited (BCL). The contract is for setting up a 10 MW solar photovoltaic (PV) project in Jagatsinghpur district, Odisha. BCL had invited bids for the project in March 2025. The scope includes design, engineering, procurement, supply, construction, erection, testing, and…
Author: PPD Team Date: May 26, 2025 The Government of Andhra Pradesh (GoAP) has allocated a 2,000 MW (2,600 MWp) solar power project to Bondada Engineering Limited. The project was awarded on May 22, 2025, and will be developed over the next 24 months at an estimated cost of Rs 90 billion. The rollout of the project will be phased. A 250 MW capacity will be commissioned by FY 2026, 750 MW by FY 2027,…
Author: PPD Team Date: November 4, 2024 Developing an electric vehicle (EV) industry in South and Southeast Asia will require significant investment, with S&P Global Ratings estimating more than US$20 billion in spending by rated carmakers over the next few years. Chinese EV manufacturers are expected to lead the expansion, viewing the region as a key growth market and a strategic hub for exporting to Europe, where Chinese-made EVs face high import tariffs. S&P Global…
Author: PPD Team Date: January 13, 2025 NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited, has commenced commercial operations on a cumulative 110 MW capacity under two major solar power projects in Rajasthan and Madhya Pradesh. Rajasthan: NTPC REL started commercial operations on 60 MW of the 320 MW solar power project in Bhainsara, Jaisalmer, on January 7, 2025. The entire 320 MW capacity, part of the 470 MW grid-connected solar PV…
Author: PPD Team Date: May 6, 2025 The Central Electricity Regulatory Commission (CERC) has issued new rules to improve electricity trading in India. The changes aim to make prices clearer, reduce confusion, and encourage more participation. The new rules apply to short-term power contracts: Term Ahead Market (TAM), Day-Ahead Contingency (DAC), Intra-Day, and Any-Day Single-Sided (ADSS). In the TAM segment, power exchanges will stop offering custom time slots like hourly contracts within a week. Only…
Author: PPD Team Date: April 4, 2025 Senvion India has announced that its 3.1M130 wind turbine is now included in the Ministry of New and Renewable Energy’s (MNRE) Revised List of Models and Manufacturers (RLMM), issued in April 2025. Commercial grid-connected installations are set to begin across India. The 3.1M130 turbine features a 130-metre rotor, based on the 2XM platform, and is designed for pad constraint sites where capacity is limited by location. It is…
Author: PPD Team Date: May 5, 2025 The joint venture of GP Eco Solutions India Limited and Synergy Wave Limited has received a Letter of Intent (LoI) worth Rs 505.2 million from Braithwaite & Company Limited (BCL). The contract is for setting up a 10 MW solar photovoltaic (PV) project in Jagatsinghpur district, Odisha. BCL had invited bids for the project in March 2025. The scope includes design, engineering, procurement, supply, construction, erection, testing, and…
Author: PPD Team Date: May 26, 2025 The Government of Andhra Pradesh (GoAP) has allocated a 2,000 MW (2,600 MWp) solar power project to Bondada Engineering Limited. The project was awarded on May 22, 2025, and will be developed over the next 24 months at an estimated cost of Rs 90 billion. The rollout of the project will be phased. A 250 MW capacity will be commissioned by FY 2026, 750 MW by FY 2027,…
Author: PPD Team Date: November 4, 2024 Developing an electric vehicle (EV) industry in South and Southeast Asia will require significant investment, with S&P Global Ratings estimating more than US$20 billion in spending by rated carmakers over the next few years. Chinese EV manufacturers are expected to lead the expansion, viewing the region as a key growth market and a strategic hub for exporting to Europe, where Chinese-made EVs face high import tariffs. S&P Global…
Author: PPD Team Date: January 13, 2025 NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited, has commenced commercial operations on a cumulative 110 MW capacity under two major solar power projects in Rajasthan and Madhya Pradesh. Rajasthan: NTPC REL started commercial operations on 60 MW of the 320 MW solar power project in Bhainsara, Jaisalmer, on January 7, 2025. The entire 320 MW capacity, part of the 470 MW grid-connected solar PV…