Author: PPD Team Date: 26/11/2024
Adani Green Energy Limited (AGEL) has established a new wholly-owned subsidiary, Adani Hydro Energy Five Limited (AHE5L), through its subsidiary Adani Saur Urja (KA) Limited.
Incorporated on November 26, 2024, AHE5L is registered in Ahmedabad, Gujarat, with an authorized and paid-up capital of Rs 100,000.
AHE5L will generate, develop, transform, distribute, transmit, sell, and supply power through renewable energy sources, including wind and solar.
Author: PPD Team Date: 10/04/2025 JSL Super Steel, a subsidiary of Jindal Stainless Limited (JSL), has signed a power purchase agreement with Sunsure Energy. The agreement is for the supply of 11 MWp solar power at its plant in Ghaziabad, Uttar Pradesh. The solar power will be sourced from Sunsure’s 49 MWp open access solar project located in Augasi, Banda district. This project has been developed under the “Uttar Pradesh State Power Banking Policy”. Through…
Author: PPD Team Date: 19/09/2024 Qatar Investment Authority (QIA), with assets valued at $475 billion, is looking to increase its stake in Spain’s leading utility company, Iberdrola, from 8.8% to over 10%, according to local Spanish media reports. This move would further solidify QIA’s position as Iberdrola’s largest shareholder, surpassing BlackRock (5.395%) and Norges (3.115%). QIA began its investment in Iberdrola in 2011 with a 6.16% stake, peaking at 9.7% in 2017. Any increase in…
Author: PPD Team Date: 08/01/2025 The survey for a proposed Nuclear Power Plant (NPP) near Arasinakeri Bear Sanctuary and Hirebenkala Megalithic sites in Koppal, Karnataka, has faced local opposition due to concerns over environmental impacts and the preservation of heritage sites. The proposed project aims to use 485.62 hectares of land in Gangavati taluk near Chikka Benakal. A report on the land survey has already been submitted to the Koppal district administration. Despite the Central…
Author: PPD Team Date: 09/12/2024 CVC DIF has sold its 169 MW portfolio of Uruguayan wind farm projects, comprising the Cerro Grande and Peralta wind farms, to Pluspetrol for an undisclosed amount. The transaction, executed by DIF Infrastructure V and DIF Infrastructure VI, marks Pluspetrol’s entry into the renewable energy sector. The portfolio, featuring 72 Enercon E-92 turbines, is the second-largest private renewable asset portfolio in Uruguay. The wind farms, located in the Tacuarembó and…
Author: PPD Team Date: 10/06/2025 NHPC Limited began commercial operations of 53.57 MW on June 7, 2025, under its 1,000 MW grid-connected solar photovoltaic (PV) power project in Bikaner, Rajasthan. This project is part of the CPSU (Central Public Sector Undertaking) Scheme Tranche-III. The commissioned capacity is part of a 300 MW plant being developed by Tata Power Solar Systems Limited at Karnisar-Bhatiyan in Bikaner, on an engineering, procurement and construction (EPC) basis. So far,…
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: 10/04/2025 JSL Super Steel, a subsidiary of Jindal Stainless Limited (JSL), has signed a power purchase agreement with Sunsure Energy. The agreement is for the supply of 11 MWp solar power at its plant in Ghaziabad, Uttar Pradesh. The solar power will be sourced from Sunsure’s 49 MWp open access solar project located in Augasi, Banda district. This project has been developed under the “Uttar Pradesh State Power Banking Policy”. Through…
Author: PPD Team Date: 19/09/2024 Qatar Investment Authority (QIA), with assets valued at $475 billion, is looking to increase its stake in Spain’s leading utility company, Iberdrola, from 8.8% to over 10%, according to local Spanish media reports. This move would further solidify QIA’s position as Iberdrola’s largest shareholder, surpassing BlackRock (5.395%) and Norges (3.115%). QIA began its investment in Iberdrola in 2011 with a 6.16% stake, peaking at 9.7% in 2017. Any increase in…
Author: PPD Team Date: 08/01/2025 The survey for a proposed Nuclear Power Plant (NPP) near Arasinakeri Bear Sanctuary and Hirebenkala Megalithic sites in Koppal, Karnataka, has faced local opposition due to concerns over environmental impacts and the preservation of heritage sites. The proposed project aims to use 485.62 hectares of land in Gangavati taluk near Chikka Benakal. A report on the land survey has already been submitted to the Koppal district administration. Despite the Central…
Author: PPD Team Date: 09/12/2024 CVC DIF has sold its 169 MW portfolio of Uruguayan wind farm projects, comprising the Cerro Grande and Peralta wind farms, to Pluspetrol for an undisclosed amount. The transaction, executed by DIF Infrastructure V and DIF Infrastructure VI, marks Pluspetrol’s entry into the renewable energy sector. The portfolio, featuring 72 Enercon E-92 turbines, is the second-largest private renewable asset portfolio in Uruguay. The wind farms, located in the Tacuarembó and…
Author: PPD Team Date: 10/06/2025 NHPC Limited began commercial operations of 53.57 MW on June 7, 2025, under its 1,000 MW grid-connected solar photovoltaic (PV) power project in Bikaner, Rajasthan. This project is part of the CPSU (Central Public Sector Undertaking) Scheme Tranche-III. The commissioned capacity is part of a 300 MW plant being developed by Tata Power Solar Systems Limited at Karnisar-Bhatiyan in Bikaner, on an engineering, procurement and construction (EPC) basis. So far,…
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: 10/04/2025 JSL Super Steel, a subsidiary of Jindal Stainless Limited (JSL), has signed a power purchase agreement with Sunsure Energy. The agreement is for the supply of 11 MWp solar power at its plant in Ghaziabad, Uttar Pradesh. The solar power will be sourced from Sunsure’s 49 MWp open access solar project located in Augasi, Banda district. This project has been developed under the “Uttar Pradesh State Power Banking Policy”. Through…
Author: PPD Team Date: 19/09/2024 Qatar Investment Authority (QIA), with assets valued at $475 billion, is looking to increase its stake in Spain’s leading utility company, Iberdrola, from 8.8% to over 10%, according to local Spanish media reports. This move would further solidify QIA’s position as Iberdrola’s largest shareholder, surpassing BlackRock (5.395%) and Norges (3.115%). QIA began its investment in Iberdrola in 2011 with a 6.16% stake, peaking at 9.7% in 2017. Any increase in…