Author: PPD Team Date: 06/12/2024
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CIL forms JV with RRVUNL to develop renewable projects
Author: PPD Team Date: 16/06/2025 CIL India Limited (CIL) has incorporated a new joint venture company, CIL Rajasthan Akshay Urja Limited, on June 12, 2025, to develop renewable energy projects in Rajasthan. The joint venture has been formed under a Joint Venture Agreement (JVA) signed between CIL and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL). The JV company will focus on developing, constructing, and operating solar power projects (SPPs), pumped storage projects (PSPs), and wind…
Ganpati Infrapower wins substation contract at Kedarnath
Author: PPD Team Date: 26/05/2025 Ganpati Infrapower Private Limited has secured a Rs 1,418 million contract to build a 2×5 MVA, 33/11 kV substation at Shri Kedarnath Dham Ji in Uttarakhand. The tender was floated by Uttarakhand Power Corporation Limited (UPCL) in December 2024. Following a competitive bidding process, Ganpati Infrapower emerged as the winning bidder. The project involves complete construction of the substation infrastructure. The work is scheduled to be completed in 3 years….
Jakson Group expands solar O&M to 5 GWp
Author: PPD Team Date: 19/06/2025 Jakson Green Renewables, a wholly owned subsidiary of Jakson Power Private Limited, has secured third-party operation and maintenance (O&M) contracts totalling 1 GWp. With this, its solar O&M portfolio has grown to 5 GWp. The new contracts cover four large-scale solar projects across Rajasthan, Chhattisgarh, and Tamil Nadu, with capacities ranging from 75 MWp to 435 MWp. In addition to its O&M expansion, Jakson is among the four bidders for…
MNRE expands Green Energy Corridor and promotes open access
Author: PPD Team Date: 12/12/2024 The Ministry of New and Renewable Energy (MNRE) is implementing the Green Energy Corridor (GEC) scheme across ten states to enhance renewable energy (RE) evacuation infrastructure. These states include Andhra Pradesh, Gujarat, Rajasthan, Himachal Pradesh, Karnataka, Maharashtra, Madhya Pradesh, Tamil Nadu, Kerala, and Uttar Pradesh. For intrastate transmission systems (InSTS), the scheme offers up to 40% Central Grant Assistance. Additionally, an interstate transmission system (ISTS) project is being developed to…
Promethean Energy raises $2 million to scale clean heat solutions in Asia
Author: PPD Team Date: 26/05/2025 Promethean Energy has secured $2 million in a Pre-Series A funding round led by Transition VC. Other participants included Sangam Venture, Sagana Capital, and Fondation Botnar. The Mumbai-based clean technology company will use the funds to expand its product line, scale operations, and strengthen its presence across India and Southeast Asia. It also plans to build a national network of sales and service engineers. The company is developing an AI-powered…
Avaada Group to develop 1.2 GW pumped storage project in Rajasthan
Author: PPD Team Date: 25/11/2024 Avaada Aqua Batteries, a subsidiary of Avaada Group, has signed a Memorandum of Understanding (MoU) with the Rajasthan government to establish a 1.2 GW pumped storage project (PSP) in the Sirohi district. With a budget of Rs 58 billion, the project is expected to be completed within five to seven years. It aims to provide Round the Clock with renewable energy and enhance grid stability by integrating solar and wind…
CIL forms JV with RRVUNL to develop renewable projects
Author: PPD Team Date: 16/06/2025 CIL India Limited (CIL) has incorporated a new joint venture company, CIL Rajasthan Akshay Urja Limited, on June 12, 2025, to develop renewable energy projects in Rajasthan. The joint venture has been formed under a Joint Venture Agreement (JVA) signed between CIL and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL). The JV company will focus on developing, constructing, and operating solar power projects (SPPs), pumped storage projects (PSPs), and wind…
Ganpati Infrapower wins substation contract at Kedarnath
Author: PPD Team Date: 26/05/2025 Ganpati Infrapower Private Limited has secured a Rs 1,418 million contract to build a 2×5 MVA, 33/11 kV substation at Shri Kedarnath Dham Ji in Uttarakhand. The tender was floated by Uttarakhand Power Corporation Limited (UPCL) in December 2024. Following a competitive bidding process, Ganpati Infrapower emerged as the winning bidder. The project involves complete construction of the substation infrastructure. The work is scheduled to be completed in 3 years….
Jakson Group expands solar O&M to 5 GWp
Author: PPD Team Date: 19/06/2025 Jakson Green Renewables, a wholly owned subsidiary of Jakson Power Private Limited, has secured third-party operation and maintenance (O&M) contracts totalling 1 GWp. With this, its solar O&M portfolio has grown to 5 GWp. The new contracts cover four large-scale solar projects across Rajasthan, Chhattisgarh, and Tamil Nadu, with capacities ranging from 75 MWp to 435 MWp. In addition to its O&M expansion, Jakson is among the four bidders for…
MNRE expands Green Energy Corridor and promotes open access
Author: PPD Team Date: 12/12/2024 The Ministry of New and Renewable Energy (MNRE) is implementing the Green Energy Corridor (GEC) scheme across ten states to enhance renewable energy (RE) evacuation infrastructure. These states include Andhra Pradesh, Gujarat, Rajasthan, Himachal Pradesh, Karnataka, Maharashtra, Madhya Pradesh, Tamil Nadu, Kerala, and Uttar Pradesh. For intrastate transmission systems (InSTS), the scheme offers up to 40% Central Grant Assistance. Additionally, an interstate transmission system (ISTS) project is being developed to…
Promethean Energy raises $2 million to scale clean heat solutions in Asia
Author: PPD Team Date: 26/05/2025 Promethean Energy has secured $2 million in a Pre-Series A funding round led by Transition VC. Other participants included Sangam Venture, Sagana Capital, and Fondation Botnar. The Mumbai-based clean technology company will use the funds to expand its product line, scale operations, and strengthen its presence across India and Southeast Asia. It also plans to build a national network of sales and service engineers. The company is developing an AI-powered…
Avaada Group to develop 1.2 GW pumped storage project in Rajasthan
Author: PPD Team Date: 25/11/2024 Avaada Aqua Batteries, a subsidiary of Avaada Group, has signed a Memorandum of Understanding (MoU) with the Rajasthan government to establish a 1.2 GW pumped storage project (PSP) in the Sirohi district. With a budget of Rs 58 billion, the project is expected to be completed within five to seven years. It aims to provide Round the Clock with renewable energy and enhance grid stability by integrating solar and wind…
CIL forms JV with RRVUNL to develop renewable projects
Author: PPD Team Date: 16/06/2025 CIL India Limited (CIL) has incorporated a new joint venture company, CIL Rajasthan Akshay Urja Limited, on June 12, 2025, to develop renewable energy projects in Rajasthan. The joint venture has been formed under a Joint Venture Agreement (JVA) signed between CIL and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL). The JV company will focus on developing, constructing, and operating solar power projects (SPPs), pumped storage projects (PSPs), and wind…
Ganpati Infrapower wins substation contract at Kedarnath
Author: PPD Team Date: 26/05/2025 Ganpati Infrapower Private Limited has secured a Rs 1,418 million contract to build a 2×5 MVA, 33/11 kV substation at Shri Kedarnath Dham Ji in Uttarakhand. The tender was floated by Uttarakhand Power Corporation Limited (UPCL) in December 2024. Following a competitive bidding process, Ganpati Infrapower emerged as the winning bidder. The project involves complete construction of the substation infrastructure. The work is scheduled to be completed in 3 years….