Author: PPD Team Date: 31/01/2025
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Author: PPD Team Date: 04/03/2025 Kosol Energie Private Limited has secured a Rs 4.85 billion contract for the engineering, procurement, and construction (EPC) package of the 100 MW Gujarat Solar PV Project – Phase XII under Gujarat Urja Vikas Nigam Limited (GUVNL). The Letter of Award (LoA) was issued on February 20, 2025. Coal India Limited (CIL) had invited bids for the project in September 2024. The contract requires Kosol Energie to take over the…
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Author: PPD Team Date: 17/04/2025 Bajaj Electricals has partnered with Slovakia-based SEAK s.r.o. to enhance tunnel lighting systems across India. This collaboration focuses on delivering intelligent lighting control systems using SEAK’s patented powerline communication technology. Bajaj Lighting, a key player in India’s lighting industry, has expertise in indoor, outdoor, architectural, and tunnel lighting. The company has already implemented advanced lighting in projects like the Mumbai Coastal Road Tunnel. This new partnership with SEAK strengthens its…
Premier Energies forms subsidiary for silicon ingot and wafer manufacturing
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Kosol Energie wins Rs 4.85 billion contract for Gujarat solar project
Author: PPD Team Date: 04/03/2025 Kosol Energie Private Limited has secured a Rs 4.85 billion contract for the engineering, procurement, and construction (EPC) package of the 100 MW Gujarat Solar PV Project – Phase XII under Gujarat Urja Vikas Nigam Limited (GUVNL). The Letter of Award (LoA) was issued on February 20, 2025. Coal India Limited (CIL) had invited bids for the project in September 2024. The contract requires Kosol Energie to take over the…
Bajaj Lighting partners with Slovakian SEAK for tunnel lighting solutions
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Premier Energies forms subsidiary for silicon ingot and wafer manufacturing
Author: PPD Team Date: 29/04/2025 Premier Energies Limited has set up a wholly owned subsidiary, Premier Energies GWC Private Limited, to manufacture and process high-quality silicon ingots and wafers with advanced technologies. The new subsidiary, incorporated on April 20, 2025, will focus on the solar cell segment. It has an authorised share capital of Rs 1 million. The entire paid-up share capital, comprising 1,00,000 equity shares of Rs 10 each, will be held by Premier…
Equinor cuts 20% of renewables workforce amid offshore wind challenges
Author: PPD Team Date: 26/11/2024 According to a report by Reuters, Norway’s Equinor is reducing its renewables workforce by 20%, approximately 250 full-time roles, due to challenges in the offshore wind sector. These challenges include cost inflation, high interest rates, and supply chain issues. Employees directly employed by the parent company will be offered roles in other business areas to minimize the number of layoffs. The company, which plays a significant role in the global…
Exide Industries invests Rs 1499.90 million in lithium battery subsidiary EESL
Author: PPD Team Date: 16/01/2025 Exide Industries Limited has invested Rs 1499.90 million in its subsidiary, Exide Energy Solutions Limited (EESL), through a rights-based equity subscription. This brings Exide’s total investment in EESL to Rs 33,022.3 million, including prior investments in the now-merged Exide Energy Private Limited. EESL issued 41,663,892 equity shares with a face value of Rs 10 each, at a premium of Rs 26 per share, aggregating to Rs 1,499.90 million. Despite this…
NTPC and Zelestra commission 175 MW solar capacity in Rajasthan
Author: PPD Team Date: 02/05/2025 NTPC Green Energy Limited has commissioned 75 MW of solar power capacity, raising its operational output to 225 MW under its 500 MW solar power project. The implementation is being carried out by IRCON Renewable Power Limited, a joint venture of Ayana Renewable Power Private Limited. In a parallel development, Zelestra Energy (formerly Solarpack Corporación Tecnológica S.L) has commissioned 100 MW under the 300 MW Inter-State Transmission System (ISTS)-connected solar…
Kosol Energie wins Rs 4.85 billion contract for Gujarat solar project
Author: PPD Team Date: 04/03/2025 Kosol Energie Private Limited has secured a Rs 4.85 billion contract for the engineering, procurement, and construction (EPC) package of the 100 MW Gujarat Solar PV Project – Phase XII under Gujarat Urja Vikas Nigam Limited (GUVNL). The Letter of Award (LoA) was issued on February 20, 2025. Coal India Limited (CIL) had invited bids for the project in September 2024. The contract requires Kosol Energie to take over the…
Bajaj Lighting partners with Slovakian SEAK for tunnel lighting solutions
Author: PPD Team Date: 17/04/2025 Bajaj Electricals has partnered with Slovakia-based SEAK s.r.o. to enhance tunnel lighting systems across India. This collaboration focuses on delivering intelligent lighting control systems using SEAK’s patented powerline communication technology. Bajaj Lighting, a key player in India’s lighting industry, has expertise in indoor, outdoor, architectural, and tunnel lighting. The company has already implemented advanced lighting in projects like the Mumbai Coastal Road Tunnel. This new partnership with SEAK strengthens its…