Author: PPD Team Date: February 12, 2025
Shakti Pumps Limited has set up a wholly owned subsidiary, Shakti EV Mobility Private Limited, with a consolidated investment of Rs 350 million through the subscription of 3,000,000 equity shares of Rs 10 each.
The new entity will focus on manufacturing, processing, trading, and distributing electric vehicle (EV) motors and charger controllers. The subsidiary aims to expand its presence in the EV mobility sector.
Author: PPD Team Date: February 11, 2025 Tata Power Delhi Distribution Ltd (Tata Power-DDL), the distribution arm of Tata Power in the National Capital, has been ranked among the top 10 power utilities worldwide in the Smart Grid Index 2024. The Smart Grid Index, developed by Singapore Power Group (SP Group), measures the “smartness” of electricity grids globally. This year, the study covered 92 utilities in 36 countries, identifying best practices and fostering knowledge-sharing to…
Author: PPD Team Date: January 13, 2025 The Union Ministry of Environment, Forest and Climate Change (MoEF&CC) has issued a fourth extension for thermal power plants (TPPs) to meet sulphur dioxide (SO₂) emission standards. Category A now by December 31, 2027; Category B by December 31, 2028; and Category C by December 31, 2029. The latest notification, dated December 30, 2024, revises the deadlines for the installation of flue gas desulphurisation (FGD) systems. Timeline of…
Author: PPD Team Date: June 13, 2025 SEPC Power Private Limited has received a Letter of Award (LoA) worth Rs 6,500 million from Parmeshi Urja Limited on June 10, 2025. The contract is for setting up a cumulative 133 MW decentralised solar power capacity in Maharashtra. Parmeshi Urja is a wholly-owned subsidiary of India Power Corporation Limited (IPCL). The project is part of a broader 225 MW decentralised solar initiative for feeder-level solarisation under the…
Author: PPD Team Date: November 21, 2024 Mammoet has secured a contract with Buss Ports to handle the marshalling of wind turbine generator foundations for two of Europe’s largest offshore wind farms: RWE’s Nordseecluster A in Germany and Thor in Denmark. The Nordseecluster, situated in the eastern German North Sea, will have a total capacity of 1.6 GW, enough to power 1.6 million homes. Construction for Nordseecluster A (NC 1 and NC 2) is set…
Author: PPD Team Date: May 1, 2025 The Government of Uttar Pradesh has set a target to generate 500 GW of solar power by 2030, focusing on regions like Bundelkhand, Vindhya, and surrounding areas. The goal is to establish these regions as major solar energy hubs. To support this transition, the state has signed memoranda of understanding with the Smart Energy Council of Australia and the Hinduja Group. These partnerships aim to encourage investment, enable…
Author: PPD Team Date: October 30, 2025 Hartek Power has commissioned a 300 MWAC (435 MWp DC) ground-mounted solar photovoltaic project in Rajasthan. The project, valued at Rs 4.74 billion, was awarded by a global renewable energy independent power producer. Spread across 1,209 acres, the project marks a major addition to Rajasthan’s renewable energy capacity and supports India’s clean energy targets set by the Ministry of New and Renewable Energy (MNRE). Hartek Power stated that…