Author: PPD Team Date: 24/10/2024
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Solex Energy secures Rs 188.74 million solar module supply contract
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LS Power acquires Algonquin’s renewable energy business
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GAIL and VOC Port invite EPC bids for wind power projects
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India’s renewable energy goals may increase dependence on solar imports, GTRI warns
Author: PPD Team Date: 21/10/2024 India’s target of installing 500 GW of renewable energy by 2030 could drive its annual solar equipment import bill to USD 30 billion, according to a report by think tank Global Trade Research Initiative (GTRI). The report emphasizes that without significant investments in developing a self-reliant solar manufacturing industry, particularly in polysilicon and wafer production, India may struggle to meet its ambitious goals and reduce import costs. India installed 15…
SEIL to invest Rs 200 crore in breaker and switchgear panel capacity
Author: PPD Team Date: 03/06/2025 Schneider Electric Infrastructure Ltd (SEIL) plans to invest about Rs 200 crore to expand manufacturing capacity for circuit breakers and switchgear panels. The investment will support new facilities and upgrades aimed at both domestic and international markets. SEIL will invest Rs 90.60 crore to set up a new circuit breaker plant in Kolkata with an annual capacity of 40,000 units. The plant is scheduled for commissioning before the end of…