Author: PPD Team Date: January 16, 2025
Rajasthan Chief Minister Bhajan Lal Sharma has approved the allocation of 4,000 hectares in Bodana village, Jaisalmer district, to the Rajasthan Solar Park Development Company for establishing a 2,000 MW solar power project.
This initiative aligns with the state’s commitment to advancing renewable energy and supporting clean energy goals.
Author: PPD Team Date: January 14, 2026 Power Finance Corporation Limited (PFC) has announced the launch of a public issue of secured, redeemable, non-convertible debentures (NCDs). The issue has a base size of Rs 500 crore, with an option to retain oversubscription of up to Rs 4,500 crore, taking the total tranche size to Rs 5,000 crore. The issue opens on January 16, 2026. The issue is being launched following approvals from the Chairman and…
Author: PPD Team Date: April 10, 2026 A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the largest single solar installation in Southeast Asia and the country’s first utility-scale mountainous PV development. Developed by China General Nuclear Power Group (CGN), the project is Phase I of the Northern Laos Clean Energy Base and is located in Mengxai and Namo districts of Oudomxay province. The project was formally commissioned…
Author: PPD Team Date: February 10, 2026 Pace Digitek Limited reported year-on-year growth in revenue and profit for the third quarter of FY26, supported by steady order inflows and execution across its energy and telecom infrastructure businesses. For the quarter ended December 31, 2025, consolidated revenue from operations rose 13.5% to Rs 6,440 million. Profit after tax (PAT) increased 11.3% to Rs 788 million. As of January 31, 2026, the company reported an order book…
Author: PPD Team Date: August 20, 2025 Hinduja Group has outlined plans to expand its renewable energy capacity from the current 3 GW to over 10 GW by 2030. The company will invest between USD 3 billion and USD 4 billion across solar, wind, hybrid projects, and battery energy storage systems. The group said funding will be structured with a debt-to-equity ratio of around 70:30. While expanding its renewable portfolio, it will continue operating its…
Author: PPD Team Date: January 21, 2026 Power Grid Corporation of India Limited (POWERGRID) announced on 20 January 2026 that its Committee of Directors on Investment on Projects has approved three capital expenditure proposals for procuring cold spare transformers and reactors. The combined estimated cost of the approvals is about Rs 914 crore. The approvals cover three separate procurement packages, each with an implementation period of 30 months from the date of investment approval. The…
Author: PPD Team Date: February 3, 2025 Jupiter International has signed a memorandum of understanding (MoU) with the Odisha government to invest Rs 20.05 billion in a solar manufacturing plant. The investment, made through its subsidiary Jupiter Renewables, will set up a facility with a 4.2 GW annual solar cell production capacity and 3.6 GW for modules. The agreement was signed during the Utkarsh Odisha – Make in Odisha Conclave 2025. In addition, the Government…