Author: PPD Team Date: July 3, 2025
Solex Green Energy Private Limited, a wholly owned subsidiary of Solex Energy Limited, has won contracts worth Rs 68.69 crore to develop 24.1 MW of solar power projects across India. The contracts were awarded on July 1, 2025.
These projects have been granted under the Government of India’s “Distributed Renewable Energy Bilateral Purchase (DREBP)” Policy.
The projects will be executed in various tranches.
Author: PPD Team Date: December 20, 2024 Switch has selected Oklo, a nuclear technology company, to deploy 12GW of Oklo Aurora powerhouse projects by 2044. The projects are part of a non-binding master power agreement, one of the largest corporate clean power deals to date, setting the stage for future binding power purchase agreements. Oklo will develop, construct, and operate the powerhouses to supply clean energy across the US. This partnership supports Oklo’s growth and…
Author: PPD Team Date: December 19, 2024 Power Grid Corporation of India Limited (PGCIL) has approved raising up to Rs 42.50 billion through the private placement of bonds. The funds will be raised under the Powergrid bonds – LXXX (80th Issue), which are unsecured, non-convertible, non-cumulative, redeemable, and taxable. The issue includes a base size of Rs 10 billion and a green shoe option of Rs 32.50 billion. These bonds will have a 10-year tenure…
Author: PPD Team Date: July 25, 2025 YamnaCo Limited has signed a memorandum of understanding with the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to explore a green hydrogen and ammonia project near Krishnapatnam port. The proposed project will be developed in phases and aims to build a grid-connected green ammonia facility with a capacity of up to 1 million tonnes per annum. It will use renewable energy from the Indian grid…
Author: PPD Team Date: January 23, 2026 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh on January 22, 2026, for the development of renewable energy and green hydrogen projects in the state. The MoU was signed on the sidelines of the World Economic Forum Annual Meeting in Davos, Switzerland. The agreement was executed by Sh. Vijay Kiran Anand, IAS, Chief Executive…
Author: PPD Team Date: August 7, 2025 The Ministry of New and Renewable Energy (MNRE) issued a clarification on 6 August 2025 regarding its revised guidelines for prototype wind turbine installations. The clarification pertains to clause 1(ii)(e) of the guidelines released on 12 June 2025. MNRE stated that the National Institute of Wind Energy (NIWE) may issue revised grid synchronisation recommendation letters for prototype wind turbines already recommended under earlier guidelines. However, this is allowed…
Author: PPD Team Date: January 16, 2025 NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited, has declared the commercial operation of the second part capacities of two solar projects. The 60 MW capacity from the 320 MW Bhainsara solar project in Jaisalmer, Rajasthan, became operational on January 7, 2025, following the earlier commissioning of 160 MW on August 28, 2024. Meanwhile, the 50 MW capacity from the 220 MW Shajapur Solar Project…