Author: PPD Team Date: 27/09/2024
NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, has signed a joint venture agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to develop 10 GW of renewable energy (RE) projects in Maharashtra and other states.
The joint venture aims to establish renewable energy parks and projects, aligning with NTPC’s goal of achieving 60 GW of RE capacity by FY32.
Author: PPD Team Date: 17/01/2025 Italy, Albania, and the UAE have signed a cooperation deal worth at least €1bn ($1.02bn) to establish a subsea interconnection for renewable energy transfer across the Adriatic Sea, Reuters reports. The agreement, under the Tripartite Strategic Partnership Framework, aims to enhance energy infrastructure and renewable energy capacity in the Mediterranean region. Italian Prime Minister Giorgia Meloni described the project as a “strategic infrastructure” at the World Future Energy Summit in…
Author: PPD Team Date: 28/03/2025 Syngene International Limited has increased its stake in O2 Renewable Energy Private Limited II from 26 percent to 33.79 percent. This move strengthens Syngene’s renewable energy consumption strategy while ensuring compliance with captive power requirements under the Electricity Act. The investment supports O2 Renewable Energy’s 201.2 MW wind-solar hybrid power plant in Kudligi Taluk, Bellary District, Karnataka. Syngene invested Rs 65 million through equity shares and compulsory convertible debentures as…
Author: PPD Team Date: 05/06/2025 Adani Saur Urja (KA) Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated a new entity—Adani Hydro Energy Ten Limited (AHE10L). The new company will support AGEL’s growing renewable energy portfolio across India. AHE10L has been set up to undertake the generation, development, transformation, distribution, transmission, and sale of power from renewable energy sources. These include wind, solar, and other non-fossil fuel-based technologies. The move aligns…
Author: PPD Team Date: 16/01/2025 Kosol Energie Private Limited has won a contract from NLC India Limited to supply 393.9 MWp bifacial solar modules for the 600 MW Khavda Solar PV Project-Phase XX (GUVNL) in Gujarat. The firm bid Rs 5.57 billion for the project. NLC invited bids for the project in August 2024. The scope includes manufacturing, supply, packing, forwarding, and transportation of 393.9 MWp Mono Crystalline/Topcon Silicon bifacial solar photovoltaic (PV) modules, with…
Author: PPD Team Date: 30/01/2025 Kochi Metro Rail Limited (KMRL) has identified land for two solar power projects in the Alappuzha and Kasargod districts of Kerala. The Kasargod project will be developed on approximately 50 acres of land, expected to be acquired soon. The Alappuzha project will be set up on 90 acres of land in Kuttanad, with KMRL currently in talks with the Kerala Forest Department to secure land approval. Both projects are expected…
Author: PPD Team Date: 20/06/2025 Three companies—NTPC Limited, Oben Electric, and Avaana Capital—have announced fundraises aligned with infrastructure, clean mobility, and sustainability-linked investments. NTPC raises Rs 40 billion via NCDs NTPC Limited has raised Rs 40 billion through the private placement of unsecured, non-convertible debentures (NCDs). The debentures carry a coupon rate of 6.89 per cent per annum and a tenor of 10 years and 1 day. This is the third issuance under its approved…
Author: PPD Team Date: 17/01/2025 Italy, Albania, and the UAE have signed a cooperation deal worth at least €1bn ($1.02bn) to establish a subsea interconnection for renewable energy transfer across the Adriatic Sea, Reuters reports. The agreement, under the Tripartite Strategic Partnership Framework, aims to enhance energy infrastructure and renewable energy capacity in the Mediterranean region. Italian Prime Minister Giorgia Meloni described the project as a “strategic infrastructure” at the World Future Energy Summit in…
Author: PPD Team Date: 28/03/2025 Syngene International Limited has increased its stake in O2 Renewable Energy Private Limited II from 26 percent to 33.79 percent. This move strengthens Syngene’s renewable energy consumption strategy while ensuring compliance with captive power requirements under the Electricity Act. The investment supports O2 Renewable Energy’s 201.2 MW wind-solar hybrid power plant in Kudligi Taluk, Bellary District, Karnataka. Syngene invested Rs 65 million through equity shares and compulsory convertible debentures as…
Author: PPD Team Date: 05/06/2025 Adani Saur Urja (KA) Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated a new entity—Adani Hydro Energy Ten Limited (AHE10L). The new company will support AGEL’s growing renewable energy portfolio across India. AHE10L has been set up to undertake the generation, development, transformation, distribution, transmission, and sale of power from renewable energy sources. These include wind, solar, and other non-fossil fuel-based technologies. The move aligns…
Author: PPD Team Date: 16/01/2025 Kosol Energie Private Limited has won a contract from NLC India Limited to supply 393.9 MWp bifacial solar modules for the 600 MW Khavda Solar PV Project-Phase XX (GUVNL) in Gujarat. The firm bid Rs 5.57 billion for the project. NLC invited bids for the project in August 2024. The scope includes manufacturing, supply, packing, forwarding, and transportation of 393.9 MWp Mono Crystalline/Topcon Silicon bifacial solar photovoltaic (PV) modules, with…
Author: PPD Team Date: 30/01/2025 Kochi Metro Rail Limited (KMRL) has identified land for two solar power projects in the Alappuzha and Kasargod districts of Kerala. The Kasargod project will be developed on approximately 50 acres of land, expected to be acquired soon. The Alappuzha project will be set up on 90 acres of land in Kuttanad, with KMRL currently in talks with the Kerala Forest Department to secure land approval. Both projects are expected…
Author: PPD Team Date: 20/06/2025 Three companies—NTPC Limited, Oben Electric, and Avaana Capital—have announced fundraises aligned with infrastructure, clean mobility, and sustainability-linked investments. NTPC raises Rs 40 billion via NCDs NTPC Limited has raised Rs 40 billion through the private placement of unsecured, non-convertible debentures (NCDs). The debentures carry a coupon rate of 6.89 per cent per annum and a tenor of 10 years and 1 day. This is the third issuance under its approved…
Author: PPD Team Date: 17/01/2025 Italy, Albania, and the UAE have signed a cooperation deal worth at least €1bn ($1.02bn) to establish a subsea interconnection for renewable energy transfer across the Adriatic Sea, Reuters reports. The agreement, under the Tripartite Strategic Partnership Framework, aims to enhance energy infrastructure and renewable energy capacity in the Mediterranean region. Italian Prime Minister Giorgia Meloni described the project as a “strategic infrastructure” at the World Future Energy Summit in…
Author: PPD Team Date: 28/03/2025 Syngene International Limited has increased its stake in O2 Renewable Energy Private Limited II from 26 percent to 33.79 percent. This move strengthens Syngene’s renewable energy consumption strategy while ensuring compliance with captive power requirements under the Electricity Act. The investment supports O2 Renewable Energy’s 201.2 MW wind-solar hybrid power plant in Kudligi Taluk, Bellary District, Karnataka. Syngene invested Rs 65 million through equity shares and compulsory convertible debentures as…