Author: PPD Team Date: January 21, 2025
Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited, has signed a share subscription and shareholders agreement (SSSHA) to acquire a 26% equity stake in Solis Urja Energy Private Limited.
The acquisition involves the purchase of 1,750,000 equity shares worth Rs 17.5 million, to be completed in one or more tranches.
Author: PPD Team Date: February 21, 2025 Matel Motion & Energy Solutions Private Limited has partnered with Honda Power Pack Energy India Private Limited (HEID) to integrate its ePowertrain with HEID’s swappable battery system. This collaboration aims to provide electric vehicle (EV) manufacturers with efficient and adaptable battery-swapping solutions, addressing key challenges in EV adoption. Under the partnership, Matel will customize its powertrain solutions to seamlessly integrate with HEID’s swappable battery technology, offering a scalable…
Author: PPD Team Date: December 23, 2024 The Himachal Pradesh Electricity Regulatory Commission (HPERC) has notified banking regulations under its Green Energy Open Access Policy. It permits consumers to bank up to 30 per cent of their monthly electricity consumption procured from the distribution licensee. Banking charges are set at 8 per cent of the banked energy, adjusted in kind. The distribution licensee must establish a detailed banking procedure and model agreement within 30 days…
Author: PPD Team Date: January 7, 2026 Senvion India’s 4.2M160 wind turbine model has been included in the Ministry of New and Renewable Energy (MNRE)’s Approved List of Models and Manufacturers (ALMM) Wind. The list was issued on 30th December 2025. The MNRE’s ALMM Wind framework, earlier called the Revised List of Models and Manufacturers (RLMM), is intended to standardize model qualification and improve quality assurance in India’s wind sector. Recent changes to the framework…
Author: PPD Team Date: July 11, 2025 NLC India Limited has approved an equity investment of up to Rs 16.30 billion in its wholly-owned subsidiary, NLC India Renewables Limited (NIRL). The in-principle approval is subject to clearances from the Department of Investment and Public Asset Management (DIPAM) and other relevant authorities. The funds will support NLC’s ongoing renewable energy projects under NIRL. The company is also planning to transfer 1.4 GW of its operational renewable…
Author: PPD Team Date: July 8, 2025 Hazoor Multi Projects Limited (HMPL) has secured an EPC contract worth Rs 9,130 million from Apollo Green Energy Limited. The contract is for the 200 MW Khavda Solar PV Project – Phase XVII (NHPC) in Gujarat. The Letter of Award (LoA) was issued on July 4, 2025. Apollo Green had won this project from NHPC Limited in August 2024. NHPC, in turn, secured the 200 MW capacity at…
Author: PPD Team Date: October 30, 2024 Greenzo Energy has introduced the “Un Wheel,” a 100% indigenous 1 MW alkaline electrolyzer stack designed for green hydrogen production. Built by Indian scientists and engineers, the stack is tailored to operate effectively across diverse Indian climates, from -20°C to 60°C, with a 20-year lifespan. It generates hydrogen at 30 bar pressure, removing the need for additional compressors, and features advanced controls for water quality, pressure, and lye…