Author: PPD Team Date: May 21, 2025
The Government of Kerala (GoK) has leased 50 acres of land to Kochi Metro Rail Limited (KMRL) for developing a 12 MW solar power project in Kasargod district. The lease term is 30 years, with an annual rent of Rs 3.205 million.
The solar project will be set up at Ambalathara village in Hosdurg taluk. Power generated from the facility will be used to meet KMRL’s electricity requirements.
Author: PPD Team Date: July 11, 2025 Solar power generated a record 22.1 per cent of the European Union’s electricity in June 2025, marking the first time it became the region’s largest single energy source. According to Ember, solar produced 45.4 TWh of electricity, surpassing nuclear (21.8 per cent) and wind (15.8 per cent). The shift was driven by a combination of expanded solar installations and favorable weather conditions. At least 13 EU countries set…
Author: PPD Team Date: September 30, 2025 REC Limited has announced that its subsidiary, REC Power Development and Consultancy Limited (RECPDCL), has completed the sale of Rajgarh Neemuch Power Transmission Limited to GR Infraprojects Limited. GR Infraprojects emerged as the successful bidder through a tariff-based competitive bidding process. Rajgarh Neemuch Power Transmission Limited was incorporated on June 17, 2025, as a special purpose vehicle for the inter-state transmission project titled “Transmission system for Evacuation of…
Author: PPD Team Date: September 12, 2024 Tata Electronics has signed a memorandum of understanding (MoU) with ASMPT Singapore to establish semiconductor assembly equipment infrastructure for its chip packaging units in Assam and Karnataka. This partnership will enhance workforce training, service engineering infrastructure, automation, and R&D in advanced packaging technologies like wirebond, flip chip, and integrated system packaging. ASMPT will support Tata Electronics in preparing for its semiconductor assembly and test facilities in Vemagal, Karnataka,…
Author: PPD Team Date: January 3, 2025 CRI Pumps has been empanelled by Maharashtra State Electricity Distribution Company (MSEDCL) to supply 25,000 solar pumping systems under the Magel Tyala Saur Krushi Pump (MTSKP) scheme. Valued at Rs 7.54 billion, this initiative aims to promote renewable energy in Maharashtra’s agricultural sector. The solar pumps will help reduce farmers’ dependence on conventional electricity, enhancing sustainability and supporting green energy adoption. CRI Pumps has already installed over 1,70,000…
Author: PPD Team Date: November 5, 2024 ACWA Power has obtained a $240 million Islamic Equity Bridge Loan (EBL) from the International Finance Corporation (IFC) to support renewable energy initiatives in Uzbekistan. The financing will facilitate the construction and operation of two projects: a 1 GW solar photovoltaic plant and a 668 MW battery energy storage system (BESS), along with approximately 500 km of high-voltage transmission lines. These projects aim to reduce Uzbekistan’s greenhouse gas…
Author: PPD Team Date: December 13, 2024 Reliance Power Limited (RPL) incorporated Reliance NU Energies Private Limited, a special purpose vehicle, on December 10, 2024. The entity will focus on developing renewable energy projects, including solar, wind, hybrid systems, and advanced energy storage solutions such as pumped storage hydropower and battery energy storage systems.