Hindustan Powerprojects begins work on 300 MW solar project for UPPCL
Author: PPD Team Date: July 10, 2025
Author: PPD Team Date: July 10, 2025
Hindustan Powerprojects Private Limited (HPPPL) has started construction of a 300 MW (435 MWp) Inter-State Transmission System (ISTS)-connected solar power project in Lalitpur, Uttar Pradesh.
The project is part of the larger 2,000 MW ISTS-connected solar programme being implemented for Uttar Pradesh Power Corporation Limited (UPPCL). It was announced during the Clean Energy Summit 2025 held in Lucknow.
Under the scope of work, HPPPL will identify land, develop the project, and own and operate it on a Build, Own, Operate and Maintain (BOOM) basis. The company will also be responsible for securing all necessary approvals and connectivity.
The Scheduled Commencement of Supply Date (SCSD) is set at 24 months from the signing of the Power Purchase Agreement (PPA).
The project supports Uttar Pradesh’s target of reaching 22,000 MW of renewable energy capacity by 2026–27.
Author: PPD Team Date: May 6, 2025 India and Denmark have signed a renewed Memorandum of Understanding (MoU) to strengthen their partnership on clean energy. This move builds on five years of collaboration and supports India’s goal of achieving net-zero emissions by 2070. The original MoU, signed on June 5, 2020, was set to end in 2025. By renewing it early, both countries have ensured that their joint work continues without disruption. The new agreement…
Author: PPD Team Date: November 6, 2024 ACME Solar launched its initial public offering (IPO) today, November 6, 2024, valued at Rs 30 billion, with a price band of Rs 275 to Rs 289 per equity share. The IPO, open until Friday, November 8, 2024, requires a minimum bid of 51 shares, with additional bids in multiples of 51. The offering includes a fresh issue of Rs 23.95 billion and a sale offer of Rs…
Author: PPD Team Date: November 6, 2024 Tata Power Company Limited posted a net profit of Rs 10.93 billion for the quarter ending September 2024, marking a 7.47 per cent rise from Rs 10.17 billion in the same period last year. The company’s total income grew by approximately 1.13 per cent to Rs 162.11 billion in Q2 FY2024, up from Rs 160.3 billion in the corresponding quarter of the previous year.
Author: PPD Team Date: June 5, 2025 Epigral Limited has signed a Share Subscription and Shareholder’s Agreement (SSSHA) with Prozeal Green Energy Private Limited and its special purpose vehicle (SPV), Pro-Zeal Green Power Ten Private Limited. The agreement is for the procurement of power from a 19.8 MW wind-solar hybrid project located in Gujarat. Epigral will invest around Rs 213.8 million to acquire a 26 per cent equity stake in the SPV. The investment will…
Author: PPD Team Date: December 30, 2025 Haryana’s Energy Minister Anil Vij has inaugurated a major electricity distribution upgrade project in Ambala Cantonment, stating that it will significantly strengthen the city’s network. The initiative is funded under the Revamped Distribution Sector Scheme (RDSS), with an estimated cost of Rs 38 crore. Speaking to residents in Kabari Bazaar, the minister said the project represents a clear increase in planned investments for the region compared with earlier…
Author: PPD Team Date: October 24, 2024 UK-based offshore wind services provider Venterra Group has acquired Oceanscan Holdings, expanding its capabilities in the offshore energy market. Financial details of the transaction were not disclosed. Oceanscan Holdings offers subsea and non-destructive testing equipment, geotechnical services, and specialized personnel. The acquisition will enhance Venterra’s expertise through the integration of Oceanscan’s capabilities, asset base, and technical knowledge with Venterra’s existing companies, including Ordtek, Partrac, and Gavin & Doherty…