Author: PPD Team Date: 21/01/2025
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: 24/04/2025 Teerth Gopicon Private Limited has received Letters of Award (LoAs) from Rajasthan Renewable Energy Corporation Limited (RRECL) and Jaipur Vidyut Vitran Nigam Limited (JVVNL) for setting up a total of 109.29 MW of solar power projects across Rajasthan. The company secured an LoA worth Rs 4,085.39 million from RRECL to develop 63 MW rooftop solar projects under the Hybrid Annuity Model (HAM). The projects will be installed on state government…
Author: PPD Team Date: 27/02/2025 AMEA Power has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to develop two standalone battery energy storage systems (BESS) with a total capacity of 1500 megawatt-hours (MWh). Under the deal, AMEA Power will build a 500 MWh BESS station in Benban and a 1000 MWh BESS station in Zafarana. The project includes the development of substations and grid connections to integrate stored energy into Egypt’s national electricity…
Author: PPD Team Date: 19/11/2024 Omega Seiki Mobility (OSM) plans to roll out hydrogen-powered three-wheelers in India by the end of this financial year. The company is collaborating with state governments to initiate pilot projects, involving 50 to 100 vehicles, with plans for subsequent expansion. In partnership with Systemics, OSM has formed Hydrogen Intelligence, a joint venture that developed hydrogen-powered three-wheelers capable of covering 700 km with a two-kg hydrogen cylinder. These vehicles have undergone…
Author: PPD Team Date: 23/12/2024 Sterling and Wilson Renewable Energy Limited (SWREL) has won a Rs 12 billion contract for a 500 MW AC solar photovoltaic project in Gujarat. The project includes design, engineering, procurement, and construction (EPC) for the Balance of System (BOS) and a three-year operations and maintenance (O&M) contract. This month, SWREL secured a Rs 5.04 billion contract to develop a 305 MW AC / 396 MWp DC solar photovoltaic plant in…
Author: PPD Team Date: 12/02/2025 Waaree Group has started the construction of its alkaline electrolyser manufacturing facility in Valsad, Gujarat, with an initial production capacity of 300 MW. The plant will support industries like steel, refining, transportation, fertilizers, chemicals, food, and power generation in their transition to decarbonised processes. The factory will produce high-efficiency, durable electrolysers for large-scale green hydrogen production, featuring low power consumption and flexible operations, along with automated assembly lines for electrolyser…
Author: PPD Team Date: 05/02/2025 Welspun New Energy has signed a Memorandum of Understanding (MoU) with the Government of Odisha to invest Rs 135 billion in the state’s renewable energy sector. The investment includes plans for a 1,200 MW pumped hydro project and a 1,000 MW floating solar power project. These initiatives aim to boost Odisha’s energy storage capacity and support the integration of renewable energy into the grid, aligning with the state’s ‘Viksit Odisha…
Author: PPD Team Date: 24/04/2025 Teerth Gopicon Private Limited has received Letters of Award (LoAs) from Rajasthan Renewable Energy Corporation Limited (RRECL) and Jaipur Vidyut Vitran Nigam Limited (JVVNL) for setting up a total of 109.29 MW of solar power projects across Rajasthan. The company secured an LoA worth Rs 4,085.39 million from RRECL to develop 63 MW rooftop solar projects under the Hybrid Annuity Model (HAM). The projects will be installed on state government…
Author: PPD Team Date: 27/02/2025 AMEA Power has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to develop two standalone battery energy storage systems (BESS) with a total capacity of 1500 megawatt-hours (MWh). Under the deal, AMEA Power will build a 500 MWh BESS station in Benban and a 1000 MWh BESS station in Zafarana. The project includes the development of substations and grid connections to integrate stored energy into Egypt’s national electricity…
Author: PPD Team Date: 19/11/2024 Omega Seiki Mobility (OSM) plans to roll out hydrogen-powered three-wheelers in India by the end of this financial year. The company is collaborating with state governments to initiate pilot projects, involving 50 to 100 vehicles, with plans for subsequent expansion. In partnership with Systemics, OSM has formed Hydrogen Intelligence, a joint venture that developed hydrogen-powered three-wheelers capable of covering 700 km with a two-kg hydrogen cylinder. These vehicles have undergone…
Author: PPD Team Date: 23/12/2024 Sterling and Wilson Renewable Energy Limited (SWREL) has won a Rs 12 billion contract for a 500 MW AC solar photovoltaic project in Gujarat. The project includes design, engineering, procurement, and construction (EPC) for the Balance of System (BOS) and a three-year operations and maintenance (O&M) contract. This month, SWREL secured a Rs 5.04 billion contract to develop a 305 MW AC / 396 MWp DC solar photovoltaic plant in…
Author: PPD Team Date: 12/02/2025 Waaree Group has started the construction of its alkaline electrolyser manufacturing facility in Valsad, Gujarat, with an initial production capacity of 300 MW. The plant will support industries like steel, refining, transportation, fertilizers, chemicals, food, and power generation in their transition to decarbonised processes. The factory will produce high-efficiency, durable electrolysers for large-scale green hydrogen production, featuring low power consumption and flexible operations, along with automated assembly lines for electrolyser…
Author: PPD Team Date: 05/02/2025 Welspun New Energy has signed a Memorandum of Understanding (MoU) with the Government of Odisha to invest Rs 135 billion in the state’s renewable energy sector. The investment includes plans for a 1,200 MW pumped hydro project and a 1,000 MW floating solar power project. These initiatives aim to boost Odisha’s energy storage capacity and support the integration of renewable energy into the grid, aligning with the state’s ‘Viksit Odisha…
Author: PPD Team Date: 24/04/2025 Teerth Gopicon Private Limited has received Letters of Award (LoAs) from Rajasthan Renewable Energy Corporation Limited (RRECL) and Jaipur Vidyut Vitran Nigam Limited (JVVNL) for setting up a total of 109.29 MW of solar power projects across Rajasthan. The company secured an LoA worth Rs 4,085.39 million from RRECL to develop 63 MW rooftop solar projects under the Hybrid Annuity Model (HAM). The projects will be installed on state government…
Author: PPD Team Date: 27/02/2025 AMEA Power has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to develop two standalone battery energy storage systems (BESS) with a total capacity of 1500 megawatt-hours (MWh). Under the deal, AMEA Power will build a 500 MWh BESS station in Benban and a 1000 MWh BESS station in Zafarana. The project includes the development of substations and grid connections to integrate stored energy into Egypt’s national electricity…