Dharan Infra awarded Rs 3262 crore solar contracts in Uttar Pradesh
Author: PPD Team Date: September 11, 2025
Author: PPD Team Date: September 11, 2025
Dharan Infra Solar Private Limited, a wholly owned subsidiary of Dharan Infra EPC Limited (formerly KBC Global Limited), has secured work contracts worth about Rs 3262.10 crore from a renewable energy company in India.
The contracts cover grid-connected solar projects for the solarisation of segregated agriculture feeders at distribution substations across districts in Uttar Pradesh.
Project execution is scheduled through April 30, 2026.
Author: PPD Team Date: September 9, 2025 Andhra Pradesh Power Generation Corporation (AP Genco) has proposed a 3,200 megawatt (MW) thermal power project at Vennelavalasa in Srikakulam district, with an estimated investment of Rs 30,000 crore. The project will have four units of 800 MW each and require about 2,000 acres of land. A detailed project report is being prepared by Delhi-based Desi In, with surveys and studies undertaken by AP Space Application Centre and…
Author: PPD Team Date: January 6, 2026 Rajesh Power Services Limited has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for developing a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) facility at Virpore in Gujarat. The company informed the stock exchanges about the award on January 5, 2026. The project forms part of Phase VII of a tariff-based competitive bidding process and will receive Viability Gap…
Author: PPD Team Date: January 23, 2025 Avaada Group has completed Rs 85 billion in financing and refinancing for nine projects across various sectors, including utility-scale solar projects, agrivoltaic projects under the PM-KUSUM scheme, merchant power generation projects, commercial and industrial (C&I) solar projects, and solar module manufacturing facilities. The financing was secured through multiple transactions with a range of lenders, including public-sector banks like the State Bank of India and Union Bank, as well…
Author: PPD Team Date: November 10, 2025 Power Finance Corporation (PFC) reported a consolidated net profit of Rs 44.60 billion for Q2 FY2025-26, an increase of 2.06% from Rs 43.70 billion in the same quarter last year. Revenue rose 11.82% year-on-year to Rs 147.60 billion, compared to Rs 132.00 billion in Q2 FY2024-25. The results were approved by the company’s Board of Directors on November 7, 2025. The growth reflects PFC’s continued loan book expansion…
Author: PPD Team Date: February 19, 2025 The Government of Karnataka (GoK) has signed a Memorandum of Understanding (MoU) with Paschim Renewables Private Limited (PRPL) to develop a 30 MW solar power project in Raichur district. The project, expected to be completed in 2025, will require an investment of around Rs 1.5 billion and is projected to generate approximately 45 million units of electricity annually. Paschim Group is working toward building a clean energy platform…
Author: PPD Team Date: October 1, 2024 Power Grid Corporation of India Ltd (PGCIL) has entered into a shareholder agreement with state transmission utility Rajasthan Rajya Vidyut Prasaran Ltd (RVPNL) to establish a joint venture (JV) company. As per a stock exchange filing, PGCIL will hold a 74% equity stake in the JV, while RVPNL will own the remaining 26%. The proposed JV aims to execute projects valued at up to Rs 10 billion in…