Author: PPD Team Date: 26/12/2024
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Ministry of Coal selects firms for Category-II financial incentives
Author: PPD Team Date: 07/02/2025 The Ministry of Coal has announced the selected applicants under Category II of the Financial Incentive Scheme, a key part of India’s coal gasification program. With an Rs 85 billion financial outlay, the scheme aims to accelerate coal gasification, lower carbon emissions, enhance energy security, and promote sustainable development. Launched on January 24, 2024, the scheme supports private firms and public sector undertakings (PSUs) in developing coal gasification projects. The…
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Author: PPD Team Date: 10/09/2024 The Ministry of New and Renewable Energy (MNRE) has released a draft amendment to the Approved List of Models and Manufacturers (ALMM) List-II for solar photovoltaic (PV) cells, effective from April 1, 2026, to accommodate rising solar PV cell capacity. Under the new guidelines, projects must source their solar PV modules from manufacturers in ALMM List-I, and those modules must use PV cells from manufacturers listed in ALMM List-II. Solar…
IndiGrid reports Rs 651 billion bid pipeline, expands BESS portfolio with new projects
Author: PPD Team Date: 28/10/2024 India Grid Trust (IndiGrid) has estimated a bid pipeline worth over Rs 651 billion in the power transmission sector, as disclosed in its Q2 FY25 investor presentation. The pipeline includes interstate transmission system (ISTS) projects with issued requests for proposal (RfP). Additionally, IndiGrid sees an estimated Rs 35 billion opportunity in the battery energy storage system (BESS) market, primarily from projects in Gujarat and Uttar Pradesh. In Q2FY25, IndiGrid announced…
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Saatvik Solar wins EPC contracts for 23 MW solar projects in Himachal Pradesh
Author: PPD Team Date: 24/01/2025 Saatvik Solar (Saatvik Green Energy Private Limited) has secured engineering, procurement, and construction (EPC) contracts from Himachal Pradesh Power Corporation Limited (HPPCL) to establish 23 MW of solar photovoltaic (PV) power projects in Una district, Himachal Pradesh. The projects include a 12 MW solar PV power project at Gondpur Bulla, where Saatvik Solar will use its n-type TOPCon solar modules, and an 11 MW solar PV power project at Lamlehri…
Solar Industries India secures Rs 20.39 billion defence export order
Author: PPD Team Date: 04/12/2024 Solar Industries India and its subsidiary have secured export orders worth Rs 20.39 billion for the supply of defence products to international clients. The deliveries will span four years. In November, the company received another export order valued at Rs 3.99 billion from an overseas customer, to be fulfilled within three years.
Ministry of Coal selects firms for Category-II financial incentives
Author: PPD Team Date: 07/02/2025 The Ministry of Coal has announced the selected applicants under Category II of the Financial Incentive Scheme, a key part of India’s coal gasification program. With an Rs 85 billion financial outlay, the scheme aims to accelerate coal gasification, lower carbon emissions, enhance energy security, and promote sustainable development. Launched on January 24, 2024, the scheme supports private firms and public sector undertakings (PSUs) in developing coal gasification projects. The…
MNRE issues draft amendment to ALMM List-II for solar PV cells
Author: PPD Team Date: 10/09/2024 The Ministry of New and Renewable Energy (MNRE) has released a draft amendment to the Approved List of Models and Manufacturers (ALMM) List-II for solar photovoltaic (PV) cells, effective from April 1, 2026, to accommodate rising solar PV cell capacity. Under the new guidelines, projects must source their solar PV modules from manufacturers in ALMM List-I, and those modules must use PV cells from manufacturers listed in ALMM List-II. Solar…