Jindal Stainless commissions 30.34 MWp solar projects in Odisha
Author: PPD Team Date: April 24, 2025
Author: PPD Team Date: April 24, 2025
Jindal Stainless Limited (JSL) has successfully commissioned rooftop and floating solar power projects with a cumulative capacity of 30.34 MWp at its manufacturing plant in Jajpur, Odisha.
The projects were commissioned on April 22, 2025, with 23.02 MWp from rooftop solar systems and 7.32 MWp from a floating solar plant.
AB Energia Solutions Private Limited served as the engineering, procurement, and construction (EPC) contractor for the project.
The floating solar plant, with a capacity of 7.32 MWp, has been set up on an internal reservoir, utilizing unused water bodies to generate clean energy while also reducing water evaporation. The rooftop solar system, covering 10 industrial rooftops at varying elevations, accounts for 23.02 MWp of the total capacity.
Author: PPD Team Date: July 14, 2025 The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has notified that bonds issued by Indian Renewable Energy Development Agency Ltd. (IREDA) will be treated as ‘long-term specified assets’ under section 54EC of the Income-tax Act, 1961. The notification took effect on July 9, 2025. As per the notification, IREDA bonds that are redeemable after five years and issued on or after the effective date…
Author: PPD Team Date: October 15, 2025 ACME Solar Holdings Limited has approved an investment to increase its shareholding in its subsidiary, ACME Sigma Urja Private Limited, from 49% to 99.66%. The company will subscribe to 1.5 million new equity shares for a total consideration of Rs 1.5 crore. The decision was approved by the Operational Committee on October 10, 2025, as part of ACME Solar’s plan to fund the development, construction, and commissioning of…
Author: PPD Team Date: January 6, 2025 The Andhra Pradesh government has approved renewable energy projects totalling Rs 27.23 billion. Key initiatives include a 1 million tonne per annum green ammonia facility in Kakinada by AM Green Ammonia (India) Private Limited, to promote eco-friendly fuel production. Additionally, a solar hybrid and battery storage project in Nandyal and Kadapa districts has been approved. Developed by Clean Renewable Energy Hybrid Three Way Limited, it will combine 119…
Author: PPD Team Date: January 2, 2025 The Central Electricity Regulatory Commission (CERC) has granted a transmission licence to Khavda IV A Power Transmission Ltd, a subsidiary of Adani Energy Solutions Ltd (AESL). The licence, effective for 25 years unless revoked earlier, covers the development of an interstate transmission system (ISTS) for the evacuation of power from a renewable energy zone in Gujarat’s Khavda area. The project, known as the “Transmission system for evacuation of…
Author: PPD Team Date: July 25, 2025 Vena Energy has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 100 MW renewable energy project under the firm and despatchable renewable energy (FDRE) scheme. This is India’s first PPA structured around a load-following supply model. The load-following category is distinct from the round-the-clock and peak power formats seen in other FDRE projects. It aims to align renewable energy…
Author: PPD Team Date: July 8, 2025 Adani Solar Energy Jodhpur Six Private Limited, a special purpose vehicle (SPV) of Adani Green Energy Limited (AGEL), has commissioned 50 MW of solar capacity in Khavda, Gujarat. The project is part of the larger 600 MW solar development awarded under the ISTS-VIII tranche. This capacity falls under the 600 MW interstate transmission system (ISTS)-connected solar power project awarded to SBE Renewables Fifteen Private Limited in February 2020….