Dharan Infra signs Rs 215 crore deal for solar project in Maharashtra
Author: PPD Team Date: November 4, 2025
Author: PPD Team Date: November 4, 2025
Dharan Infra-EPC Ltd has announced that its wholly-owned subsidiary, Dharan Infra Solar Pvt Ltd, has signed a Rs 215 crore agreement with Skymax Infrapower to develop a 75 MW solar power plant in Maharashtra.
The contract covers the full scope of work for the Alley Solar Project, including design, engineering, procurement, supply, installation, testing, and commissioning. The project will be implemented across nine sites in Nanded district, with completion expected between 2025-26 and 2026-27.
Separately, Dharan Infra Solar Pvt Ltd holds solar EPC contracts totalling Rs 262.10 crore for grid-connected solarisation of segregated agriculture feeders at distribution substations across multiple districts in Uttar Pradesh.
Author: PPD Team Date: December 24, 2025 Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) announced the results of its 4.3 GW solar auction held under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) scheme, with 4.01 GW of capacity awarded to 82 companies. Among the key winners, Dilip Buildcon Limited secured 1,363.54 MW at a tariff of Rs. 2.73 per kWh, while Sunbridge Solar Power won 471.29 MW at…
Author: PPD Team Date: November 8, 2024 Power Grid Corporation of India Ltd (PGCIL) has finalized the acquisition of two interstate transmission system (ISTS) projects awarded through a tariff-based competitive bidding process. These projects were transferred from bid process coordinator PFC Consulting Ltd (PFCCL) on November 7, 2024. The projects will operate under the build, own, operate, and transfer model. The first project, Barmer I Transmission Ltd, is a transmission system intended for power evacuation…
Author: PPD Team Date: January 14, 2025 Patratu Vidyut Utpadan Nigam (PVUNL), a joint venture of NTPC and Jharkhand Bijli Vitran Nigam (JBVNL), will commission its Phase-1 power units by December 2025. Located in Ramgarh district, Phase-I consists of three 800 MW units, collectively generating 2,400 MW. The first unit is set to begin operations in January 2025, followed by the second in September and the third in December. Of the total output, 85%—over 2,000…
Author: PPD Team Date: December 26, 2024 Refex Renewables & Infrastructure Limited has issued 105 senior, secured, unrated, unlisted, and taxable non-convertible debentures (NCDs) through private placement. The NCDs, with an aggregate value of Rs 1.05 billion, were allotted to the Northern Arc Emerging Corporates Bond Trust. They have a tenure of 20 months, starting from December 23, 2024, and maturing on July 30, 2026. The debentures carry an annual interest rate of 14.25 per…
Author: PPD Team Date: May 19, 2025 The Government of Singapore has announced a $500 million investment under its FAST-P (Financing Asia’s Transition Partnership) program to support clean energy deployment and industrial decarbonisation across Asia. Launched in 2023, FAST-P aims to lower investment risks in energy transition projects by providing catalytic capital that matches private sector funds on a 1:1 basis. The goal is to mobilise a total of $5 billion using blended finance. The…
Author: PPD Team Date: March 31, 2025 The Ministry of Coal has launched the 12th tranche of commercial coal mine auctions, offering 28 coal and lignite blocks for bidding. The auction includes 25 coal mines under the Coal Mines (Special Provisions) Act, 2015 (CMSP) and 18 under the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR), along with two lignite mines. Thirteen are fully explored and ready for development, while 12 offer long-term investment…