Author: PPD Team Date: February 10, 2025
ACME Solar Holdings Private Limited has signed an agreement with Grew Energy Private Limited to develop a solar power project in Bikaner, Rajasthan.
The project will utilize GREW Solar’s Topcon solar modules, manufactured at its 3 GW facility near Dudu, Jaipur. Both companies aim to expand their collaboration in the renewable energy sector.
Author: PPD Team Date: August 21, 2025 The initial public offering of Vikram Solar Limited opened on Tuesday and will close on 21 August 2025. The company has set the price band at Rs 315 to Rs 332 per share. The issue is proposed for listing on both the NSE and the BSE. The IPO seeks to raise Rs 20.79 billion. Of this, Rs 15 billion will be raised through fresh share issuance, while Rs…
Author: PPD Team Date: July 4, 2025 On 1 July 2025, the Office of the Principal Scientific Adviser released a report on “ZET Adoption in India and Its Impact on Emission and Energy.” It focuses on transitioning Medium and Heavy-Duty Trucks (M&HDTs) to Battery Electric Trucks (BETs). Freight trucks handle 70% of India’s logistics and consume 40% of its fuel. The report says shifting to BETs can sharply reduce emissions and fuel demand by mid-century….
Author: PPD Team Date: October 9, 2025 The Central Electricity Authority (CEA) has published two draft regulations for public consultation to modernize India’s power sector. The drafts focus on technical standards for renewable energy and battery storage projects, and a cyber security framework for the sector. Stakeholders can submit comments by November 7, 2025. The proposed Technical Standards (2nd Amendment) set guidelines for solar, floating solar, onshore and offshore wind, and battery energy storage systems…
Author: PPD Team Date: November 20, 2024 Power Grid Corporation of India Ltd (PGCIL) acquired “Khavda V-A Power Transmission Ltd” from REC Power Development & Consultancy Ltd (RECPDCL) on November 19, 2024. This project, valued at Rs 250 billion, is the largest interstate transmission system (ISTS) scheme awarded under the tariff-based competitive bidding (TBCB) mechanism. The project is India’s first TBCB-awarded transmission scheme employing HVDC technology, a departure from the earlier regulated tariff mechanism (RTM)…
Author: PPD Team Date: November 18, 2025 KP Group has entered a framework agreement with Senvion India to jointly develop up to 2 GW of wind and wind–solar hybrid capacity across India over the next three years. The arrangement brings together KP Group’s project development role and Senvion India’s turbine supply for a multi-state pipeline. KP Group will handle land acquisition, permits, and all balance of plant work. This includes civil construction, internal roads, foundations,…
Author: PPD Team Date: November 26, 2024 Bharat Heavy Electricals Limited (BHEL) has awarded a Rs 52.28 million contract to PK Unique Projects Pvt. Ltd., Chennai, for civil, structural, and architectural works, including supply, as part of the renovation, modernization, and uprating of Kodayar Power House I in Tamil Nadu. The project, under the Tirunelveli Generation Circle, will enhance the plant’s capacity from 1×60 MW to 1×70 MW. The contract was finalized through an open…