Dharan Infra awarded Rs 3262 crore solar contracts in Uttar Pradesh

By September 11, 2025October 28, 2025

Author: PPD Team Date: September 11, 2025

Dharan Infra Solar Private Limited, a wholly owned subsidiary of Dharan Infra EPC Limited (formerly KBC Global Limited), has secured work contracts worth about Rs 3262.10 crore from a renewable energy company in India.

The contracts cover grid-connected solar projects for the solarisation of segregated agriculture feeders at distribution substations across districts in Uttar Pradesh.

Project execution is scheduled through April 30, 2026.

India | News

ADB and GCF launch India Green Finance Facility
By July 7, 2025July 7, 2025

Author: PPD Team Date: July 7, 2025 The Asian Development Bank (ADB), in partnership with the Green Climate Fund (GCF), has launched the India Green Finance Facility (IGFF) with $200 million in concessional funding approved by GCF. This is ADB’s first GCF-backed programme in India. The IGFF aims to mobilise large-scale public and private investments in emerging clean energy technologies, including round-the-clock renewable energy, green hydrogen, compressed biogas, decentralised solar, and electric transport for rural…

Read More ADB and GCF launch India Green Finance Facility
India | News

IREL and UKTMP form Indo-Kazakh venture for titanium slag production in Odisha
By November 7, 2024November 7, 2024

Author: PPD Team Date: November 7, 2024 IREL (India) Limited, a CPSU under India’s Department of Atomic Energy (DAE), has partnered with Kazakhstan’s Ust-Kamenogorsk Titanium and Magnesium Plant JSC (UKTMP) to establish IREUK Titanium Limited, a joint venture for producing titanium slag in Odisha, India. IREUK Titanium Limited will leverage IREL’s surplus ilmenite production in Odisha, with UKTMP providing the technology for titanium slag production, converting low-grade ilmenite into high-grade titanium feedstock. The collaboration benefits…

Read More IREL and UKTMP form Indo-Kazakh venture for titanium slag production in Odisha
Global | News

World Bank lifts nuclear funding ban for developing nations
By June 13, 2025June 13, 2025

Author: PPD Team Date: June 13, 2025 The World Bank has ended its 2013 ban on financing nuclear energy projects in developing countries. The decision, reported by Reuters, reflects a shift in response to rising electricity demand and a push for energy diversification. Under the new strategy, the Bank will support countries in developing nuclear power, including life-extension of existing reactors and small modular reactor (SMR) deployment. The World Bank Group will work with the…

Read More World Bank lifts nuclear funding ban for developing nations
India | Finance | News

Nalco plans Rs 300 billion investment in new smelter and power plant
By September 3, 2025October 29, 2025

Author: PPD Team Date: September 3, 2025 National Aluminium Company (Nalco) has outlined an investment of about Rs 300 billion over the next five years to establish a new aluminium smelter along with a coal-based power plant. The company has allocated around Rs 170–180 billion for the smelter project in Odisha, while approximately Rs 120 billion will be directed toward the power facility. Funding will come from a mix of debt and internal accruals. Nalco…

Read More Nalco plans Rs 300 billion investment in new smelter and power plant
India | News

CCI approves JSW Energy’s acquisition of KSK Mahanadi and Adani Infra’s stake in PSP Projects
By March 6, 2025March 6, 2025

Author: PPD Team Date: March 6, 2025 The Competition Commission of India (CCI) has approved JSW Energy Limited’s acquisition of a 100 per cent stake in KSK Mahanadi Power Company Limited (KMPCL) through its wholly owned subsidiary, JSW Thermal Energy One Limited. KMPCL operates a 3,600 MW (6×600 MW) thermal power plant in Janjgir-Champa, Chhattisgarh, and is currently undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016. CCI has also cleared…

Read More CCI approves JSW Energy’s acquisition of KSK Mahanadi and Adani Infra’s stake in PSP Projects
India | Finance | News

CESC board approves Rs 300 crore NCD issuance
By September 26, 2025October 28, 2025

Author: PPD Team Date: September 26, 2025 CESC Limited will raise Rs 300 crore through 30,000 non-convertible debentures (NCDs) via private placement. Each debenture has a face value of Rs 1 lakh, is senior, secured, rated, unlisted, and carries a three-year tenure. The NCDs will offer a floating coupon of 3-month Treasury Bill rate plus 2.30% per annum, paid quarterly. In case of default, an extra 2% per annum applies. Allotment is set for September…

Read More CESC board approves Rs 300 crore NCD issuance

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