Author: PPD Team Date: November 12, 2024
Adani Energy Solutions Limited (AESL) has acquired Progressive Grid Networks Limited (PGNL) in Kenya to explore power transmission opportunities across East Africa.
PGNL’s initial share capital stands at KES 1 billion, divided into 100,000 ordinary shares valued at KES 1,000 each. Through this acquisition, AESL secures full ownership by acquiring 100 per cent of the shares through cash consideration.
Author: PPD Team Date: November 4, 2024 Renewable energy firm JERA Nex has formed a strategic partnership with Catalyst Energy Partners (CEP) to accelerate clean energy deployment across the United States. This collaboration aims to develop, construct, own, and operate new utility-scale renewable energy facilities, leveraging existing grid infrastructure alongside conventional power plants. Through this partnership, JERA Nex will provide financial backing, strategic insights, and operational expertise to support CEP’s clean energy projects. CEP brings…
Author: PPD Team Date: April 18, 2025 The Ministry of New and Renewable Energy (MNRE) has issued draft amendments to the procedure for listing or updating wind turbine models in the Revised List of Models and Manufacturers (RLMM). The proposed changes are aimed at strengthening domestic manufacturing, tightening cybersecurity controls, and simplifying documentation. Stakeholders have three weeks to submit feedback. The draft mandates domestic sourcing of key components—blades, towers, gearboxes, and generators. A limited exemption…
Author: PPD Team Date: January 30, 2025 Kochi Metro Rail Limited (KMRL) has identified land for two solar power projects in the Alappuzha and Kasargod districts of Kerala. The Kasargod project will be developed on approximately 50 acres of land, expected to be acquired soon. The Alappuzha project will be set up on 90 acres of land in Kuttanad, with KMRL currently in talks with the Kerala Forest Department to secure land approval. Both projects…
Author: PPD Team Date: January 23, 2026 The Indian Electrical and Electronics Manufacturers’ Association (IEEMA) inaugurated the first Telangana Power Conclave in Hyderabad on January 22, 2026. The event focused on Telangana’s energy roadmap, its push to emerge as India’s pumped storage project (PSP) hub, and the integration of renewable energy with grid modernisation and electric mobility. The Telangana Power Conclave marked the sixth state level forum launched by IEEMA to strengthen regional industry engagement…
Author: PPD Team Date: December 8, 2025 JK Cement Limited has expanded its investment in O2 Renewable Energy V Private Limited with a further 12.21 per cent equity purchase for about Rs 0.05 billion. The transaction lifts its total shareholding in the O2 Power SPV to 28.97 per cent. The company bought 46,45,658 shares from JSW Neo Energy Limited at Rs 11.18 per share. The higher stake strengthens JK Cement Limited’s renewable energy portfolio and…
Author: PPD Team Date: April 28, 2025 The Maharashtra government has launched the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0 project management portal to speed up work under its MSKVY 2.0 scheme. The scheme targets achieving 7,000 MW of decentralised solar capacity. It aims to supply daytime electricity to farmers through solar feeders. It follows a self-paying model where savings from reduced grid power costs are expected to recover project expenses within 6–8 years. Under…