Bondada Group to establish 100 MW hybrid RE plant in Assam
Author: PPD Team Date: 24/01/2025
Author: PPD Team Date: 24/01/2025
Dr. Bondada Raghavendra Rao, Chairman and Managing Director of Bondada Group, has signed a memorandum of understanding (MoU) with Assam’s Minister of Education, Welfare of Plain Tribe and Backward Classes, Sri Ranoj Pegu, at the Advantage Assam 2.0 Summit 2025 in Hyderabad.
The agreement is for setting up a 100 MW hybrid renewable energy plant, combining solar and wind power, under the UNNATI Scheme. The project entails an investment of approximately Rs 4.5 billion.
Author: PPD Team Date: 16/09/2024 Sunsure Energy has signed a power purchase agreement (PPA) to provide 21 MW (31.5 MWp) of solar power to pharmaceutical giant Lupin. The power will be sourced from Sunsure’s 100 MW (150 MWp) solar plant in Solapur, Maharashtra, boosting renewable energy use across Lupin’s Tarapur facility. Sunsure is also developing 500 MW of solar and wind energy parks in Maharashtra, with additional PPAs signed with companies such as KSB Pumps,…
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Author: PPD Team Date: 06/11/2024 FTC Solar has signed a supply agreement with US-based Dunlieh Energy to provide solar tracker systems for over 1 GW of solar projects. The collaboration’s first project, the 500 MW Situla energy project in Banner County, Nebraska, will feature solar and battery storage and is expected to create over 225 local construction jobs, generating more than $1.4 million annually in nameplate capacity taxes. Tracker deliveries for the Situla project are…
Author: PPD Team Date: 16/09/2024 Sunsure Energy has signed a power purchase agreement (PPA) to provide 21 MW (31.5 MWp) of solar power to pharmaceutical giant Lupin. The power will be sourced from Sunsure’s 100 MW (150 MWp) solar plant in Solapur, Maharashtra, boosting renewable energy use across Lupin’s Tarapur facility. Sunsure is also developing 500 MW of solar and wind energy parks in Maharashtra, with additional PPAs signed with companies such as KSB Pumps,…
Author: PPD Team Date: 14/02/2025 Skipper Ltd received new orders worth Rs 13.18 billion in Q3 FY25 (October to December), bringing the total order inflows for the fiscal year to Rs 37.43 billion. The company secured significant contracts from Power Grid Corporation of India Ltd (PGCIL), state electricity boards, and private transmission service providers. As of December 31, 2024, Skipper’s outstanding order book stood at Rs 63.54 billion, with 89% of the orders from domestic…
Author: PPD Team Date: 11/02/2025 China’s National Development and Reform Commission (NDRC), along with the nation’s energy administration, is taking steps to roll back subsidies for renewable energy projects, according to Reuters. In 2024, China saw a record-breaking 45% rise in solar installations, reaching nearly 887GW of installed solar capacity—six times the size of the United States’ solar power capacity, as per the International Renewable Energy Agency. This rapid growth has enabled China to meet…
Author: PPD Team Date: 02/05/2025 Indian Oil Corporation Limited (IOCL) has approved an equity investment of Rs 10.86 billion in Terra Clean Limited, its wholly-owned subsidiary. The funding will support the development of 4,300 MW of renewable energy (RE) capacity across India. The approval was given during the Board of Directors meeting held on 30 April 2025. This new capacity comes in addition to the previously approved 1,000 MW, expanding Terra Clean’s total planned RE…
Author: PPD Team Date: 02/01/2025 PFC Consulting Limited (PFCCL) has invited Request for Proposal (RFP) bids for selecting transmission service providers (TSPs) through the tariff-based competitive bidding (TBCB) process. The bids are for three transmission projects on a build, own, operate, and transfer (BOOT) basis. The submission deadline is February 28, 2025. The projects include: Construction of grid substations at Wahipora and Sallar in Kashmir and the allied transmission system. Development of a downstream transmission…
Author: PPD Team Date: 06/11/2024 FTC Solar has signed a supply agreement with US-based Dunlieh Energy to provide solar tracker systems for over 1 GW of solar projects. The collaboration’s first project, the 500 MW Situla energy project in Banner County, Nebraska, will feature solar and battery storage and is expected to create over 225 local construction jobs, generating more than $1.4 million annually in nameplate capacity taxes. Tracker deliveries for the Situla project are…
Author: PPD Team Date: 16/09/2024 Sunsure Energy has signed a power purchase agreement (PPA) to provide 21 MW (31.5 MWp) of solar power to pharmaceutical giant Lupin. The power will be sourced from Sunsure’s 100 MW (150 MWp) solar plant in Solapur, Maharashtra, boosting renewable energy use across Lupin’s Tarapur facility. Sunsure is also developing 500 MW of solar and wind energy parks in Maharashtra, with additional PPAs signed with companies such as KSB Pumps,…
Author: PPD Team Date: 14/02/2025 Skipper Ltd received new orders worth Rs 13.18 billion in Q3 FY25 (October to December), bringing the total order inflows for the fiscal year to Rs 37.43 billion. The company secured significant contracts from Power Grid Corporation of India Ltd (PGCIL), state electricity boards, and private transmission service providers. As of December 31, 2024, Skipper’s outstanding order book stood at Rs 63.54 billion, with 89% of the orders from domestic…