Premier Energies secures Rs 12.34 billion solar module supply contracts
Author: PPD Team Date: February 17, 2025
Author: PPD Team Date: February 17, 2025
Premier Energies Photovoltaic Private Limited, a wholly-owned subsidiary of Premier Energies Limited (PEL), secured contracts worth Rs 12.34 billion for the supply of solar photovoltaic (PV) modules in India on February 14, 2025. The supply is expected to begin in April 2025.
In January 2025, PEL’s subsidiaries—Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited—won contracts worth Rs 1.46 billion for solar module and cell supply in India.
Author: PPD Team Date: February 7, 2025 Bondada E&E Private Limited, a wholly owned subsidiary of Bondada Engineering Limited, has received a work order from Landsky Engineers Private Limited for the supply of 20W solar street lights with standard fitting accessories, valued at Rs 698.74 million. In another development, Bondada has secured work orders from Andhra Pradesh State Energy Efficiency Development Corporation Limited (APSEEDC), a joint venture between the Government of Andhra Pradesh and AP…
Author: PPD Team Date: October 28, 2024 The Ministry of New and Renewable Energy (MNRE) has revised its program to electrify 100,000 households in particularly vulnerable tribal group (PVTG) areas through off-grid solar systems. The initiative, implemented under Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN) and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA), now has an additional budget allocation of Rs 9.15 billion. The revised program includes providing off-grid solar lighting for…
Author: PPD Team Date: November 21, 2024 Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has established two wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for developing interstate transmission system (ISTS) schemes under the tariff-based competitive bidding (TBCB) mechanism. According to a stock exchange filing by REC Ltd, the parent company of RECPDCL, the SPVs were incorporated on November 18, 2024: WRNES Talegaon Power Transmission Ltd: Focused on network expansion in…
Author: PPD Team Date: February 17, 2026 The Uttar Pradesh government has proposed an outlay of Rs 65,926 crore for the energy sector in FY 2026-27, an increase of 8% over the previous year. The allocation forms part of the state’s Rs 9,12,696 crore annual budget and covers generation, transmission, distribution and renewable energy development. Thermal generation capacity has increased from 5,878 MW in 2016-17 to 9,120 MW as of December 2025, reflecting growth of…
Author: PPD Team Date: November 5, 2024 NTPC and ONGC are establishing a joint venture to expand into the renewable energy sector through their subsidiaries, NTPC Green Energy and ONGC Green Energy. A 50:50 joint venture company (JVC) application has been submitted to the Ministry of Corporate Affairs, advancing both companies’ commitment to renewable energy. This JVC will focus on various renewable segments, including solar, wind, energy storage, and green credits, and plans to acquire…
Author: PPD Team Date: December 17, 2024 Tamil Nadu Green Energy Corporation Limited (TNGECL) plans to develop 100 MW cumulative wind-solar hybrid power projects in the state. The projects are expected to be set up on a design, build, own, operate, and transfer (DBOOT) basis in Thoothukudi and Kanyakumari districts. TNGECL is preparing a detailed project report (DPR) for the initiative.