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: October 31, 2025 Coal India Limited (CIL) reported a net profit of Rs 42.63 billion for the second quarter of FY26, a decline of 32.08 per cent from Rs 62.75 billion in the same period last year. Total income fell 1.10 per cent to Rs 323.27 billion from Rs 326.87 billion a year earlier. Adani Power posted a net profit of Rs 29.53 billion for Q2 FY26, down 11 per cent…
Author: PPD Team Date: April 22, 2025 Vietnam will invest $136.3 billion in its power sector by 2030 to expand capacity and reduce coal use. Installed capacity is set to grow from over 80 GW in 2023 to between 183 GW and 236 GW. Coal’s share will fall to 13.1%–16.9%. Solar will rise to 25.3%–31.1%, wind to 14.2%–16.1%, and LNG to 9.5%–12.3%. Offshore wind may add 6–17 GW between 2030 and 2035, though no plants…
Author: PPD Team Date: October 16, 2025 China has lodged a complaint with the World Trade Organisation (WTO), alleging that India’s subsidies for electric vehicles (EVs) and batteries breach global trade rules. India’s Commerce Ministry said it will review the submissions before responding. China’s Commerce Ministry claimed the measures violate WTO obligations, including the principle of national treatment, and amount to prohibited import substitution subsidies that favour Indian manufacturers and hurt Chinese interests. Commerce Secretary…
Author: PPD Team Date: August 4, 2025 The Supreme Court has directed key power sector agencies to submit a coordinated plan to reduce carbon emissions from coal-fired power plants, citing the sector’s major role in worsening air quality and climate change. The order came in response to a civil appeal (No. 388/2021) filed by climate activist Ridhima Pandey. The Bench called climate change an “existential global predicament” and noted that power generation contributes 8 per…
Author: PPD Team Date: November 25, 2024 In recent orders, the Central Electricity Regulatory Commission (CERC) has granted transmission licences to three projects: Khavda Phase-IV Renewable Energy Project:CERC has granted a transmission license to POWERGRID Khavda IV-E2 Power Transmission Limited, a subsidiary of Power Grid Corporation of India Limited (PGCIL). The project, part of Gujarat’s Khavda Phase-IV (7 GW), will operate under the Build, Own, Operate, and Transfer (BOOT) method. It includes the augmentation of…
Author: PPD Team Date: January 2, 2026 ACME Solar Holdings Limited has expanded its corporate structure by establishing two new wholly-owned subsidiaries on the first day of the new year. In a regulatory filing, ACME Solar Holdings Limited stated that it has incorporated ACME Greentech Fifteen Private Limited and ACME Greentech Eighteen Private Limited. Both companies are registered in Gurugram, Haryana, India. The subsidiaries have been established to undertake business related to the development, establishment,…