Serentica signs 75 MW hybrid power deal with Inox Airproducts
Author: PPD Team Date: May 6, 2025
Author: PPD Team Date: May 6, 2025
Serentica Renewables India Private Limited (SRIPL) has signed a power supply and consumption agreement (PSCA) with Inox Airproducts Private Limited for 75 MW of wind-solar hybrid power. The agreement was formalised on May 5, 2025.
Under the deal, SRIPL will supply hybrid renewable energy to four Inox manufacturing sites across four different states in India.
This initiative aligns with broader efforts to reduce carbon emissions in energy-intensive industries.
Author: PPD Team Date: March 19, 2025 The UK Government and Odisha Energy Department are collaborating to accelerate Odisha’s transition to net zero. The collaboration focuses on clean energy, industrial decarbonisation, and urban sustainability, with plans to add 10.9 GW of renewable energy by 2029-30. Odisha has also set intermediary energy transition targets for 2036 and 2047. Key initiatives include expanding renewable energy, modernising the grid, and introducing electric vehicles (EVs) and hydrogen buses for…
Author: PPD Team Date: January 30, 2025 NTPC Ltd. has announced plans to establish a CO2 battery energy storage project in collaboration with Triveni Turbine Ltd. and Energy Dome, Italy. NETRA, NTPC’s R&D wing, will manage the project. The 160 MWHr CO2 battery will be installed at NTPC’s Kudgi station in Karnataka. This initiative is part of NTPC’s strategy to diversify its energy portfolio and increase renewable power generation. It also aligns with the Government…
Author: PPD Team Date: January 21, 2025 Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited, has signed a share subscription and shareholders agreement (SSSHA) to acquire a 26% equity stake in Solis Urja Energy Private Limited. The acquisition involves the purchase of 1,750,000 equity shares worth Rs 17.5 million, to be completed in one or more tranches.
Author: PPD Team Date: November 14, 2024 Power Grid Corporation of India Limited (POWERGRID) has released the half-yearly report for its Infrastructure Investment Trust, POWERGRID Infrastructure Investment Trust (PGInvIT). PGInvIT recorded a consolidated income of Rs 6,557.15 million for H1 FY2024-25, reflecting strong revenue generation. Net distributable cash flows reached Rs 5,228.20 million, with total distributions of Rs 5,460 million to unitholders. The Trust also reported EBITDA of Rs 6,125.07 million and a margin of…
Author: PPD Team Date: October 24, 2025 Rondo Energy has started commercial operation of a 100 MWh industrial heat battery, described by the company as the world’s largest, at a fuel production facility in California. The system generates continuous high-pressure steam powered entirely by on-site wind and solar energy, providing a model for round-the-clock, low-carbon industrial heat. The unit began operations in October 2025 after two months of automated testing verified performance and safety. Operating…
Author: PPD Team Date: February 6, 2026 Solar Energy Corporation of India Limited (SECI) has concluded an auction for firm, dispatchable renewable energy (FDRE) projects, with leading developers securing capacity to supply clean power during peak demand periods. The auction is part of SECI’s efforts to scale reliable renewable energy backed by storage. Serentica Renewables and ACME Solar emerged as the largest winners, each securing 600 MW at a tariff of Rs 6.28 per kWh….