AMPIN Energy Transition achieves financing for RE project in Rajasthan
Author: PPD Team Date: 18/10/2024
Author: PPD Team Date: 18/10/2024
AMPIN Energy Transition has achieved financial closure for its 200 MW solar-wind hybrid project in Rajasthan, securing green financing of Rs 7.42 billion from Standard Chartered. The total investment in the project is valued at Rs 9.44 billion.
Upon completion, the plant is expected to generate approximately 435 million units of renewable energy annually, supplying power to around 74,486 households. Standard Chartered, committed to expanding its sustainable finance efforts, aims to mobilize USD 300 billion in sustainable finance by 2030.
Author: PPD Team Date: 13/05/2025 Blupine Energy Private Limited has achieved financial closure for its 100 MW grid-connected solar power project under Gujarat Urja Vikas Nigam Limited (GUVNL) Phase XXII. The project will come up in Tharad, Banaskantha, Gujarat. The company secured Rs 3.76 billion in debt financing from Standard Chartered Bank for the project. Blupine is executing the project through its wholly-owned subsidiary, Solarcraft Power India 5 Private Limited. In February 2024, the subsidiary…
Author: PPD Team Date: 21/05/2025 The Board of Directors of NLC India Limited has approved forming a joint venture (JV) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to develop the Gurha Thermal Power Project. The decision was made on May 19, 2025. The JV will have a 74:26 equity split between NLC India and RRVUNL. It will be responsible for establishing, maintaining, and operating the 3×125 MW thermal power project. The proposed project will…
Author: PPD Team Date: 21/10/2024 Borosil Renewables, a leading solar glass manufacturer in India, has called on the government to impose an anti-dumping duty on Chinese solar glass imports to safeguard domestic producers. Shreevar Kheruka, Vice Chairman of Borosil Renewables, alleged that Chinese companies are exporting solar glass to India at prices significantly below their production costs, harming Indian manufacturers. These glasses are crucial for solar panel production, which is vital for India’s renewable energy…
Author: PPD Team Date: 10/03/2025 The Australian government has introduced a National Renewable Energy Priority List to expedite approvals for key renewable energy generation, storage, and transmission projects. The initiative, led by the Department of Climate Change, Energy, the Environment and Water (DCCEEW), aims to streamline regulatory processes while ensuring environmental compliance under the Environment Protection and Biodiversity Conservation (EPBC) Act. The first Priority List includes 32 renewable energy projects exceeding 30 MW, featuring solar,…
Author: PPD Team Date: 15/10/2024 The Canadian Nuclear Safety Commission (CNSC) has granted Ontario Power Generation (OPG) an extension to operate units 5 to 8 of the Pickering nuclear generating station (PNGS) until the end of 2026, extending the previous deadline of December 31, 2024. The extended permit allows OPG to run these units up to 305,000 equivalent full power hours (EFPH), an increase from the previous 295,000 EFPH limit. The amended licence includes a…
Author: PPD Team Date: 01/05/2025 The Ministry of New and Renewable Energy (MNRE) has launched the Green Hydrogen Certification Scheme (GHCI) to standardise and certify green hydrogen production in India. The certification scheme sets a greenhouse gas emissions limit of 2 kg CO₂ equivalent per kg of hydrogen. This threshold applies to hydrogen produced via electrolysis or biomass pathways, calculated as a 12-month average. The certification is mandatory if the producer receives government incentives, sells…
Author: PPD Team Date: 13/05/2025 Blupine Energy Private Limited has achieved financial closure for its 100 MW grid-connected solar power project under Gujarat Urja Vikas Nigam Limited (GUVNL) Phase XXII. The project will come up in Tharad, Banaskantha, Gujarat. The company secured Rs 3.76 billion in debt financing from Standard Chartered Bank for the project. Blupine is executing the project through its wholly-owned subsidiary, Solarcraft Power India 5 Private Limited. In February 2024, the subsidiary…
Author: PPD Team Date: 21/05/2025 The Board of Directors of NLC India Limited has approved forming a joint venture (JV) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to develop the Gurha Thermal Power Project. The decision was made on May 19, 2025. The JV will have a 74:26 equity split between NLC India and RRVUNL. It will be responsible for establishing, maintaining, and operating the 3×125 MW thermal power project. The proposed project will…
Author: PPD Team Date: 21/10/2024 Borosil Renewables, a leading solar glass manufacturer in India, has called on the government to impose an anti-dumping duty on Chinese solar glass imports to safeguard domestic producers. Shreevar Kheruka, Vice Chairman of Borosil Renewables, alleged that Chinese companies are exporting solar glass to India at prices significantly below their production costs, harming Indian manufacturers. These glasses are crucial for solar panel production, which is vital for India’s renewable energy…
Author: PPD Team Date: 10/03/2025 The Australian government has introduced a National Renewable Energy Priority List to expedite approvals for key renewable energy generation, storage, and transmission projects. The initiative, led by the Department of Climate Change, Energy, the Environment and Water (DCCEEW), aims to streamline regulatory processes while ensuring environmental compliance under the Environment Protection and Biodiversity Conservation (EPBC) Act. The first Priority List includes 32 renewable energy projects exceeding 30 MW, featuring solar,…
Author: PPD Team Date: 15/10/2024 The Canadian Nuclear Safety Commission (CNSC) has granted Ontario Power Generation (OPG) an extension to operate units 5 to 8 of the Pickering nuclear generating station (PNGS) until the end of 2026, extending the previous deadline of December 31, 2024. The extended permit allows OPG to run these units up to 305,000 equivalent full power hours (EFPH), an increase from the previous 295,000 EFPH limit. The amended licence includes a…
Author: PPD Team Date: 01/05/2025 The Ministry of New and Renewable Energy (MNRE) has launched the Green Hydrogen Certification Scheme (GHCI) to standardise and certify green hydrogen production in India. The certification scheme sets a greenhouse gas emissions limit of 2 kg CO₂ equivalent per kg of hydrogen. This threshold applies to hydrogen produced via electrolysis or biomass pathways, calculated as a 12-month average. The certification is mandatory if the producer receives government incentives, sells…
Author: PPD Team Date: 13/05/2025 Blupine Energy Private Limited has achieved financial closure for its 100 MW grid-connected solar power project under Gujarat Urja Vikas Nigam Limited (GUVNL) Phase XXII. The project will come up in Tharad, Banaskantha, Gujarat. The company secured Rs 3.76 billion in debt financing from Standard Chartered Bank for the project. Blupine is executing the project through its wholly-owned subsidiary, Solarcraft Power India 5 Private Limited. In February 2024, the subsidiary…
Author: PPD Team Date: 21/05/2025 The Board of Directors of NLC India Limited has approved forming a joint venture (JV) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to develop the Gurha Thermal Power Project. The decision was made on May 19, 2025. The JV will have a 74:26 equity split between NLC India and RRVUNL. It will be responsible for establishing, maintaining, and operating the 3×125 MW thermal power project. The proposed project will…