Center lays foundation for three hydroelectric projects in Himachal Pradesh
Author: PPD Team Date: 26/12/2024
Author: PPD Team Date: 26/12/2024
The Central Government has laid the foundation stone for three hydroelectric projects (HEPs) in Himachal Pradesh. These projects are:
SJVN Limited is implementing these projects on a build, own, operate, and maintain (BOOM) basis.
Author: PPD Team Date: 22/04/2025 The Punjab Energy Development Agency has released a draft green hydrogen policy to build a production capacity of 100 kilo tonnes per annum (ktpa) of green hydrogen and ammonia by 2030. The policy proposes extending incentives from the “Punjab Industrial and Business Development Policy 2022” to new and expanding green hydrogen and ammonia projects. It also highlights regulatory support under the “New & Renewable Sources of Energy Policy 2012”, including…
Author: PPD Team Date: 23/09/2024 SBEC Systems (India) has commissioned a 40.5 KWp solar power project at Kumkum Modi Public School in Baraut Rural, Baghpat, operational since 20 September 2024. This follows the company’s earlier commissioning of a 675 KWp solar project at Modi Arc Electrode Company, Modinagar, in July 2024. SBEC Systems, specializing in the sugar and power sectors, provides engineering and consultancy services, including project design, planning, fabrication, erection, and commissioning.
Author: PPD Team Date: 13/06/2025 The Competition Commission of India (CCI) has approved Havells India Limited’s proposal to acquire a minority equity stake in Goldi Solar Private Limited and full partnership interests in Vama Inverters LLP and Goldi Energy LLP. Havells will acquire less than 10 per cent of Goldi Solar’s issued and paid-up equity share capital. Concurrently, Goldi Sun Private Limited will acquire 100 per cent partnership stakes in both Vama Inverters LLP and…
Author: PPD Team Date: 26/05/2025 Multi Infrastructure and Engineering Private Limited (MIEPL) has secured a contract from Central Electronics Limited (CEL) to set up a 200 MW solar module manufacturing facility in Ghaziabad, Uttar Pradesh. The project tender was floated by CEL in April 2025. It will be implemented on a revenue-sharing model under the Make in India initiative. MIEPL stated that the new facility will help scale up domestic solar module production. The move…
Author: PPD Team Date: 30/06/2025 Aseem Infrastructure Finance Limited (AIFL) has raised its first external commercial borrowing and green loan worth $80 million from DBS Bank Limited. The funds will be used to support renewable energy projects across India. DBS Bank acted as the sole mandated lead arranger for the transaction through its IFSC banking unit at GIFT City, Gujarat. It also served as the sole sustainability coordinator, offering structuring support aligned with global sustainable…
Author: PPD Team Date: 18/06/2025 PFC Consulting Limited (PFCCL) has incorporated three new special purpose vehicles (SPVs) to implement power transmission projects in Maharashtra, Andhra Pradesh, and Telangana. These SPVs were formed to execute projects under the Tariff-Based Competitive Bidding (TBCB) framework. The first two SPVs—Wagdari Transmission Limited and Kurnool IV REZ Power Transmission Limited—were incorporated on 14 June 2025. The third, Saswad Transmission Limited, was incorporated on 16 June 2025. Wagdari Transmission Limited This…
Author: PPD Team Date: 22/04/2025 The Punjab Energy Development Agency has released a draft green hydrogen policy to build a production capacity of 100 kilo tonnes per annum (ktpa) of green hydrogen and ammonia by 2030. The policy proposes extending incentives from the “Punjab Industrial and Business Development Policy 2022” to new and expanding green hydrogen and ammonia projects. It also highlights regulatory support under the “New & Renewable Sources of Energy Policy 2012”, including…
Author: PPD Team Date: 23/09/2024 SBEC Systems (India) has commissioned a 40.5 KWp solar power project at Kumkum Modi Public School in Baraut Rural, Baghpat, operational since 20 September 2024. This follows the company’s earlier commissioning of a 675 KWp solar project at Modi Arc Electrode Company, Modinagar, in July 2024. SBEC Systems, specializing in the sugar and power sectors, provides engineering and consultancy services, including project design, planning, fabrication, erection, and commissioning.
Author: PPD Team Date: 13/06/2025 The Competition Commission of India (CCI) has approved Havells India Limited’s proposal to acquire a minority equity stake in Goldi Solar Private Limited and full partnership interests in Vama Inverters LLP and Goldi Energy LLP. Havells will acquire less than 10 per cent of Goldi Solar’s issued and paid-up equity share capital. Concurrently, Goldi Sun Private Limited will acquire 100 per cent partnership stakes in both Vama Inverters LLP and…
Author: PPD Team Date: 26/05/2025 Multi Infrastructure and Engineering Private Limited (MIEPL) has secured a contract from Central Electronics Limited (CEL) to set up a 200 MW solar module manufacturing facility in Ghaziabad, Uttar Pradesh. The project tender was floated by CEL in April 2025. It will be implemented on a revenue-sharing model under the Make in India initiative. MIEPL stated that the new facility will help scale up domestic solar module production. The move…
Author: PPD Team Date: 30/06/2025 Aseem Infrastructure Finance Limited (AIFL) has raised its first external commercial borrowing and green loan worth $80 million from DBS Bank Limited. The funds will be used to support renewable energy projects across India. DBS Bank acted as the sole mandated lead arranger for the transaction through its IFSC banking unit at GIFT City, Gujarat. It also served as the sole sustainability coordinator, offering structuring support aligned with global sustainable…
Author: PPD Team Date: 18/06/2025 PFC Consulting Limited (PFCCL) has incorporated three new special purpose vehicles (SPVs) to implement power transmission projects in Maharashtra, Andhra Pradesh, and Telangana. These SPVs were formed to execute projects under the Tariff-Based Competitive Bidding (TBCB) framework. The first two SPVs—Wagdari Transmission Limited and Kurnool IV REZ Power Transmission Limited—were incorporated on 14 June 2025. The third, Saswad Transmission Limited, was incorporated on 16 June 2025. Wagdari Transmission Limited This…
Author: PPD Team Date: 22/04/2025 The Punjab Energy Development Agency has released a draft green hydrogen policy to build a production capacity of 100 kilo tonnes per annum (ktpa) of green hydrogen and ammonia by 2030. The policy proposes extending incentives from the “Punjab Industrial and Business Development Policy 2022” to new and expanding green hydrogen and ammonia projects. It also highlights regulatory support under the “New & Renewable Sources of Energy Policy 2012”, including…
Author: PPD Team Date: 23/09/2024 SBEC Systems (India) has commissioned a 40.5 KWp solar power project at Kumkum Modi Public School in Baraut Rural, Baghpat, operational since 20 September 2024. This follows the company’s earlier commissioning of a 675 KWp solar project at Modi Arc Electrode Company, Modinagar, in July 2024. SBEC Systems, specializing in the sugar and power sectors, provides engineering and consultancy services, including project design, planning, fabrication, erection, and commissioning.