Alpex Solar secures Rs 450 million order for solar water pumps
Author: PPD Team Date: 19/02/2025
Author: PPD Team Date: 19/02/2025
Alpex Solar has won a Rs 450 million order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply 2,000 solar-powered water pumps under the Magel Tyala Saur Krushi Pump scheme.
The pumps will be manufactured at Alpex Solar’s facility in Greater Noida, which has recently expanded to a 1,200 MW capacity.
Founded in 1993, Alpex initially specialized in the international trade of synthetic yarns and knitting machinery components before shifting to renewable energy. The company first entered wind power generation as an independent power producer (IPP) and later transitioned into manufacturing solar photovoltaic (PV) panels.
Author: PPD Team Date: 16/01/2025 Waaree Technologies has secured an order to supply 99 solar off-grid combos to a trading customer. The order, placed on January 15, 2025, requires delivery within three months. The solar off-grid combo includes batteries, solar panels, inverters, and other essential components. The off-grid combo is designed for efficient energy storage and utilization, supporting businesses in achieving energy independence.
Author: PPD Team Date: 05/12/2024 The Madhya Pradesh government, led by Chief Minister Dr. Mohan Yadav, has allocated an additional 442.04 acres to the Mohasa-Babai Industrial Area in Narmadapuram, doubling its size to 884 acres. The expansion aims to boost manufacturing in electric and renewable energy equipment. The state Cabinet has also revised allotment processes and facilities for businesses in the industrial park. Additionally, the Cabinet approved road infrastructure projects worth Rs 23.1 billion to…
Author: PPD Team Date: 06/01/2025 Sahaj Solar has won a contract from the Tripura Renewable Energy Development Agency (TREDA) to solarise 2 HP grid-connected agricultural pumps under the PM-KUSUM scheme’s Component C. The project involves designing, surveying, manufacturing, supplying, and commissioning 3 kWp grid-connected power plants with interfacing devices for the pumps. It also includes a five-year warranty, annual maintenance contract, and insurance coverage on a turnkey basis.
Author: PPD Team Date: 02/07/2025 Juniper Green Energy and Rayzon Solar Limited have filed draft red herring prospectuses (DRHPs) with SEBI to raise a total of Rs 45 billion through initial public offerings (IPOs) of equity shares. Juniper Green Energy aims to raise over Rs 30 billion. The IPO will be a pure fresh issue, with no offer-for-sale component. Of the total proceeds, Rs 10.92 billion will go toward debt repayment and Rs 11.57 billion…
Author: PPD Team Date: 23/05/2025 India is considering major amendments to the Atomic Energy Act, 1962, which could allow private sector participation in nuclear power generation for the first time. The move aims to support the country’s target of reaching 100 GW of atomic energy capacity by 2047, up from the current 8 GW. Two key changes are proposed. First, the financial liability of equipment suppliers in case of a nuclear accident would be capped,…
Author: PPD Team Date: 24/12/2024 Chhattisgarh has secured investment proposals worth Rs 151.84 billion from top companies in sectors like semiconductors, electric vehicles (EV), and renewable energy. The highest proposal of Rs 115 billion comes from Renew Power Limited for pump storage and green hydrogen projects. Other notable investments include Rs 16.5 billion from TWI Group for EV kit manufacturing, Rs 11.34 billion from Polymatech Electronics in semiconductors, and Rs 3 billion from Teleperformance for…
Author: PPD Team Date: 16/01/2025 Waaree Technologies has secured an order to supply 99 solar off-grid combos to a trading customer. The order, placed on January 15, 2025, requires delivery within three months. The solar off-grid combo includes batteries, solar panels, inverters, and other essential components. The off-grid combo is designed for efficient energy storage and utilization, supporting businesses in achieving energy independence.
Author: PPD Team Date: 05/12/2024 The Madhya Pradesh government, led by Chief Minister Dr. Mohan Yadav, has allocated an additional 442.04 acres to the Mohasa-Babai Industrial Area in Narmadapuram, doubling its size to 884 acres. The expansion aims to boost manufacturing in electric and renewable energy equipment. The state Cabinet has also revised allotment processes and facilities for businesses in the industrial park. Additionally, the Cabinet approved road infrastructure projects worth Rs 23.1 billion to…
Author: PPD Team Date: 06/01/2025 Sahaj Solar has won a contract from the Tripura Renewable Energy Development Agency (TREDA) to solarise 2 HP grid-connected agricultural pumps under the PM-KUSUM scheme’s Component C. The project involves designing, surveying, manufacturing, supplying, and commissioning 3 kWp grid-connected power plants with interfacing devices for the pumps. It also includes a five-year warranty, annual maintenance contract, and insurance coverage on a turnkey basis.
Author: PPD Team Date: 02/07/2025 Juniper Green Energy and Rayzon Solar Limited have filed draft red herring prospectuses (DRHPs) with SEBI to raise a total of Rs 45 billion through initial public offerings (IPOs) of equity shares. Juniper Green Energy aims to raise over Rs 30 billion. The IPO will be a pure fresh issue, with no offer-for-sale component. Of the total proceeds, Rs 10.92 billion will go toward debt repayment and Rs 11.57 billion…
Author: PPD Team Date: 23/05/2025 India is considering major amendments to the Atomic Energy Act, 1962, which could allow private sector participation in nuclear power generation for the first time. The move aims to support the country’s target of reaching 100 GW of atomic energy capacity by 2047, up from the current 8 GW. Two key changes are proposed. First, the financial liability of equipment suppliers in case of a nuclear accident would be capped,…
Author: PPD Team Date: 24/12/2024 Chhattisgarh has secured investment proposals worth Rs 151.84 billion from top companies in sectors like semiconductors, electric vehicles (EV), and renewable energy. The highest proposal of Rs 115 billion comes from Renew Power Limited for pump storage and green hydrogen projects. Other notable investments include Rs 16.5 billion from TWI Group for EV kit manufacturing, Rs 11.34 billion from Polymatech Electronics in semiconductors, and Rs 3 billion from Teleperformance for…
Author: PPD Team Date: 16/01/2025 Waaree Technologies has secured an order to supply 99 solar off-grid combos to a trading customer. The order, placed on January 15, 2025, requires delivery within three months. The solar off-grid combo includes batteries, solar panels, inverters, and other essential components. The off-grid combo is designed for efficient energy storage and utilization, supporting businesses in achieving energy independence.
Author: PPD Team Date: 05/12/2024 The Madhya Pradesh government, led by Chief Minister Dr. Mohan Yadav, has allocated an additional 442.04 acres to the Mohasa-Babai Industrial Area in Narmadapuram, doubling its size to 884 acres. The expansion aims to boost manufacturing in electric and renewable energy equipment. The state Cabinet has also revised allotment processes and facilities for businesses in the industrial park. Additionally, the Cabinet approved road infrastructure projects worth Rs 23.1 billion to…