Author: PPD Team Date: 03/12/2024
Bharat Petroleum Corporation Limited (BPCL) and Coal India Limited (CIL) signed a non-binding memorandum of understanding (MoU) on December 2, 2024, in Mumbai.
The collaboration aims to explore the development of a coal-to-synthetic natural gas (SNG) project using surface coal gasification at Western Coalfields (WCL).
Surface coal gasification transforms coal into synthetic natural gas, providing a cleaner alternative to traditional coal-based energy.
Author: PPD Team Date: 11/06/2025 U-Solar Clean Energy Private Limited has commissioned a 20 MWp solar power plant under Phase-I at Ramasamundra village in Yadgir district, Karnataka. The company also plans to develop an additional 50 MW solar project at the same site as part of Phase-II. Electricity generated from both phases will be used to power co-working spaces across India, supporting clean energy adoption in commercial real estate.
Author: PPD Team Date: 06/01/2025 REC Limited disbursed Rs 546.92 billion in loans during Q3 FY25, marking a 17.98% year-on-year increase. Renewable energy loan disbursements grew by 58.09% to Rs 63.14 billion. For the first nine months of FY25, REC disbursed Rs 1,456.47 billion, a 19.30% rise from Rs 1,220.89 billion in FY24. Renewable energy loans during this period totalled Rs 176.12 billion, reflecting a 78.68% year-on-year growth.
Author: PPD Team Date: 28/10/2024 Vedanta Group’s Serentica Global has announced plans to develop renewable energy projects totalling 10 GW in Andhra Pradesh. Company officials shared their plans with Nara Lokesh, the State Minister for Education, IT, and Electronics. The Minister highlighted Andhra Pradesh’s goal of achieving 72 GW of renewable energy capacity by 2030 and invited corporations and investors to contribute to this initiative. These large-scale projects are expected to create significant employment opportunities…
Author: PPD Team Date: 11/12/2024 BP and Japanese power generator JERA have announced a joint venture to create one of the world’s largest offshore wind operators, reported Reuters. The 50-50 partnership, named JERA Nex bp, will combine their operating assets and projects, targeting a potential generation capacity of 13 GW. The partners plan to invest up to $5.8 billion in approved projects by 2030, with BP contributing $3.25 billion and JERA $2.55 billion. The joint…
Author: PPD Team Date: 10/07/2025 Adani Power Limited (APL) has completed the acquisition of Vidarbha Industries Power Limited (VIPL) for an estimated Rs 40 billion. The deal, finalised on July 7, 2025, gives APL ownership of the Butibori Thermal Power Project in Nagpur district, Maharashtra. VIPL was a wholly owned subsidiary of Reliance Power Limited (RPL). It had developed the Butibori project with an investment of Rs 36.33 billion. The project consists of two thermal…
Author: PPD Team Date: 11/07/2025 The Municipal Corporation of Delhi (MCD) is planning to install rooftop solar power systems on 989 of its municipal buildings. The initiative will be implemented by NTPC Vidyut Vyapar Nigam (NVVN) under the Renewable Energy Service Company (RESCO) model. The rooftop systems are expected to have a combined capacity between 10 MW and 15 MW. Electricity generated from these installations will be supplied at a tariff ranging from Rs 4.25…