AMPIN Energy Transition achieves financing for RE project in Rajasthan
Author: PPD Team Date: October 18, 2024
Author: PPD Team Date: October 18, 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: August 20, 2025 Clean Max Enviro Energy Solutions has submitted a Draft Red Herring Prospectus to the Securities and Exchange Board of India for a proposed Initial Public Offering worth Rs 5,200 crore. The issue will include a fresh share sale of up to Rs 1,500 crore and an offer-for-sale of up to Rs 3,700 crore by existing shareholders. The offer has a face value of Rs 1 per equity share…
Author: PPD Team Date: December 12, 2024 The Odisha government has approved seven renewable energy projects with a combined investment of Rs 13.86 billion to enhance the state’s sustainable energy infrastructure. The projects, totaling 192.41 MW in capacity, include a 99 MW wind power project, five ground-mounted solar projects totaling 91.77 MW, and a 1.64 MW rooftop solar project. These initiatives align with the Odisha Renewable Energy Policy 2022, which aims to leverage the state’s…
Author: PPD Team Date: January 14, 2025 The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One, has committed USD 20 million to CME Solarin Vietnam to develop a pipeline of rooftop solar projects, potentially scaling to over 260 MWp. This investment supports Vietnam’s green growth goals and accelerates the energy transition in key industries like electronics, textiles, and manufacturing. With coal accounting for 45% of Vietnam’s energy supply, this initiative aims to…
Author: PPD Team Date: November 29, 2024 THDC India Limited has initiated draft tube erection work in Unit 2 of the Vishnugad Pipalkoti Hydro Electric Project (HEP). The project, with a total capacity of 444 MW, is situated on the Alaknanda River near Helong village in Uttarakhand. It is expected to be commissioned by December 2026.
Author: PPD Team Date: December 9, 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…
Author: PPD Team Date: November 20, 2024 Power Grid Corporation of India Ltd (PGCIL) acquired “Khavda V-A Power Transmission Ltd” from REC Power Development & Consultancy Ltd (RECPDCL) on November 19, 2024. This project, valued at Rs 250 billion, is the largest interstate transmission system (ISTS) scheme awarded under the tariff-based competitive bidding (TBCB) mechanism. The project is India’s first TBCB-awarded transmission scheme employing HVDC technology, a departure from the earlier regulated tariff mechanism (RTM)…