Author: PPD Team Date: 23/05/2025
ACME Solar Holdings Limited has commissioned 112.5 MW of solar capacity as part of the second phase of its Sikar solar project in Bikaner, Rajasthan.
Earlier this month, the company commissioned 52.5 MW. With these additions, the total commissioned capacity has reached 165 MW out of the planned 300 MW.
The remaining 135 MW is under commissioning. Power from the project will be sold on power exchanges under a merchant model.
Author: PPD Team Date: 15/01/2025 PFC Consulting Limited (PFCCL) transferred Kudankulam ISTS Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) on January 10, 2025. The SPV will oversee the development of the transmission system under the Interstate Transmission System (ISTS) for evacuating power from Kudankulam Unit 3 and Unit 4 (2×1000 MW). PFCCL, as the bid process coordinator (BPC), managed the selection of a transmission service provider (TSP)…
Author: PPD Team Date: 18/02/2025 NHPC Ltd, a state-owned hydropower company, has announced a major investment of Rs 840 billion to develop 20 GW of pumped storage capacity. This project is part of a larger capital expenditure plan estimated at Rs 12,000 billion, with most investments to be made through joint ventures (JVs). Currently, NHPC has an installed capacity of 7.1 GW from renewable sources across 25 power stations, including 1.5 GW from subsidiaries. The…
Author: PPD Team Date: 05/03/2025 Hindustan Power has signed a Memorandum of Understanding (MoU) with the Government of Assam to invest Rs 6.2 billion in solar power and battery energy storage projects. The announcement was made at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, where investors, policymakers, and industry leaders discussed the state’s economic potential. The company will allocate Rs 5 billion for a 100 MW solar power plant and Rs…
Author: PPD Team Date: 16/12/2024 Indus Towers has signed a power purchase agreement (PPA) with JSW Green Energy Eight and announced an investment of Rs 380.3 million. The agreement includes procuring 130 MW of renewable energy from a solar photovoltaic (PV) plant under a captive model. As part of the deal, Indus Towers will acquire a 26 per cent equity stake in the special purpose vehicle (SPV), supporting its renewable energy goals and commitment to…
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: 09/01/2025 The Competition Commission of India (CCI) has approved Tata Electronics (TEPL) to acquire a 60 per cent stake in Pegatron India, the Indian arm of Taiwan’s Pegatron Corporation. The acquisition, which will occur in two phases, is part of Tata Electronics’ strategy to expand its presence in high-precision manufacturing and electronics services. Pegatron India, located in Chennai, employs about 10,000 people and manufactures five million iPhones annually for export to…
Author: PPD Team Date: 15/01/2025 PFC Consulting Limited (PFCCL) transferred Kudankulam ISTS Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) on January 10, 2025. The SPV will oversee the development of the transmission system under the Interstate Transmission System (ISTS) for evacuating power from Kudankulam Unit 3 and Unit 4 (2×1000 MW). PFCCL, as the bid process coordinator (BPC), managed the selection of a transmission service provider (TSP)…
Author: PPD Team Date: 18/02/2025 NHPC Ltd, a state-owned hydropower company, has announced a major investment of Rs 840 billion to develop 20 GW of pumped storage capacity. This project is part of a larger capital expenditure plan estimated at Rs 12,000 billion, with most investments to be made through joint ventures (JVs). Currently, NHPC has an installed capacity of 7.1 GW from renewable sources across 25 power stations, including 1.5 GW from subsidiaries. The…
Author: PPD Team Date: 05/03/2025 Hindustan Power has signed a Memorandum of Understanding (MoU) with the Government of Assam to invest Rs 6.2 billion in solar power and battery energy storage projects. The announcement was made at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, where investors, policymakers, and industry leaders discussed the state’s economic potential. The company will allocate Rs 5 billion for a 100 MW solar power plant and Rs…
Author: PPD Team Date: 16/12/2024 Indus Towers has signed a power purchase agreement (PPA) with JSW Green Energy Eight and announced an investment of Rs 380.3 million. The agreement includes procuring 130 MW of renewable energy from a solar photovoltaic (PV) plant under a captive model. As part of the deal, Indus Towers will acquire a 26 per cent equity stake in the special purpose vehicle (SPV), supporting its renewable energy goals and commitment to…
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: 09/01/2025 The Competition Commission of India (CCI) has approved Tata Electronics (TEPL) to acquire a 60 per cent stake in Pegatron India, the Indian arm of Taiwan’s Pegatron Corporation. The acquisition, which will occur in two phases, is part of Tata Electronics’ strategy to expand its presence in high-precision manufacturing and electronics services. Pegatron India, located in Chennai, employs about 10,000 people and manufactures five million iPhones annually for export to…
Author: PPD Team Date: 15/01/2025 PFC Consulting Limited (PFCCL) transferred Kudankulam ISTS Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) on January 10, 2025. The SPV will oversee the development of the transmission system under the Interstate Transmission System (ISTS) for evacuating power from Kudankulam Unit 3 and Unit 4 (2×1000 MW). PFCCL, as the bid process coordinator (BPC), managed the selection of a transmission service provider (TSP)…
Author: PPD Team Date: 18/02/2025 NHPC Ltd, a state-owned hydropower company, has announced a major investment of Rs 840 billion to develop 20 GW of pumped storage capacity. This project is part of a larger capital expenditure plan estimated at Rs 12,000 billion, with most investments to be made through joint ventures (JVs). Currently, NHPC has an installed capacity of 7.1 GW from renewable sources across 25 power stations, including 1.5 GW from subsidiaries. The…