Author: PPD Team Date: December 27, 2024
Avaada Energy Private Limited plans to raise Rs 84 billion (USD 1 billion) in debt by March 2025 to fund its wind, solar, and other renewable projects.
Equity for these projects has already been secured.
The company also intends to develop pumped storage projects (PSPs) in Rajasthan and Odisha.
Author: PPD Team Date: December 29, 2025 Solarworld Energy Solutions Limited announced that it has received a Letter of Award for the Engineering, Procurement, and Construction package of a 250 MWac grid-connected solar power project. The order, issued by NTPC Renewable Energy Limited, is valued at about Rs 725.33 crore, including taxes. The project is expected to be completed in the financial year 2026-27. In a separate disclosure dated December 22, 2025, the company stated…
Author: PPD Team Date: July 29, 2025 The Ministry of New and Renewable Energy (MNRE) has issued two updates clarifying the implementation of the Approved List of Models and Manufacturers (ALMM) for solar photovoltaic (PV) projects, with new guidance on tender compliance timelines and the treatment of battery storage-linked solar plants under the framework. On 28 July 2025, MNRE amended its earlier order dated 9 December 2024 to ease compliance for developers participating in government-backed…
Author: PPD Team Date: December 13, 2024 The Government of Nagaland has unveiled its Intra-State Transmission Plan for 2032 to address a 510 MVA capacity gap in the state’s power infrastructure. The project includes the construction of nine 132/33 kV substations and 476 km of transmission lines. The estimated investment for the initiative stands at Rs 11.5 billion.
Author: PPD Team Date: November 11, 2025 Tata Power Company Limited has completed the second tranche of its planned investment in Khorlochhu Hydro Power Limited (KHPL), securing a 40% equity stake in the company developing a 600 MW hydropower project in Bhutan. The latest infusion of Rs 60 crore forms part of a broader acquisition worth about Rs 830 crore. In a filing with the stock exchanges on November 7, 2025, Tata Power stated that…
Author: PPD Team Date: December 9, 2025 AMPIN Energy Transition Private Limited has received a 50 million dollar investment from FMO, the Dutch entrepreneurial development bank that invests in more than 85 countries. AMPIN will use the funding to build new greenfield renewable projects in India and expand its clean energy portfolio. The investment aligns with FMO’s plan to increase climate focused financing. It also supports AMPIN’s growth strategy in the domestic renewable market. Pinaki…
Author: PPD Team Date: August 18, 2025 Germany’s Federal Network Agency has announced results of the 1 July 2025 solar auction for ground-mounted projects and installations on constructions other than buildings or noise barriers. The tendered capacity was 2,266 MW, while bids reached 2,820 MW. A total of 313 bids were submitted, with 258 awarded contracts for 2,271 MW. Thirty-six bids were excluded. Successful tariffs ranged from €0.04 per kWh to €0.0626 per kWh, with…