EESL partners with DVC to drive energy efficiency
Author: PPD Team Date: February 18, 2025
Author: PPD Team Date: February 18, 2025
Energy Efficiency Services Limited (EESL) has signed a memorandum of understanding (MoU) with Damodar Valley Corporation (DVC) to enhance energy efficiency and clean energy adoption.
The collaboration aims to implement energy efficiency programs such as the street lights national programme, energy-efficient building solutions, and decentralised solar initiatives, including rooftop solar installations, solar carports, and hybrid thermal solar systems.
The partnership will also promote electric mobility with the deployment of electric vehicles and charging infrastructure, along with smart metering and trigeneration projects to optimise energy use. Focus will be placed on demand flexibility solutions for grid stability, clean cooking technologies, and battery energy storage systems using both short-duration (Lithium Iron Phosphate) and long-duration (Zinc Electrolyte) storage technologies. Additionally, streamlined procurement processes and project management services will ensure effective implementation.
Author: PPD Team Date: March 26, 2026 Three entities of the Adani group have acquired equity shares in Adani Energy Solutions Limited (AESL) through open market transactions, as per a disclosure to stock exchanges. Adani Infra (India) Limited acquired 1.18 crore equity shares, representing 0.98% of AESL, on March 23, 2026. Separately, Gelt Bery Trade and Investment Ltd purchased 96.27 lakh shares (0.80%) between June 3 and June 9, 2025, while Emerging Market Investment DMCC…
Author: PPD Team Date: December 26, 2024 Waaree Energies Limited has approved plans to establish a 300 MW electrolyser manufacturing facility and a 3.5 GWh lithium-ion Advanced Chemistry Storage Cell production plant. The electrolyser manufacturing project will be implemented under Waaree Clean Energy Solutions, a subsidiary of Waaree Energies, with a capital expenditure (CAPEX) of Rs 5.51 billion and an investment of Rs 2 billion. The project will be developed under the Production-Linked Incentive (PLI)…
Author: PPD Team Date: November 4, 2024 The Ministry of New and Renewable Energy (MNRE) has proposed adding solar photovoltaic (PV) cells to its Approved List of Models and Manufacturers (ALMM), with implementation expected by April 2026. This new category, termed “ALMM List-II,” would mandate that all ALMM-compliant solar projects source cells from certified domestic manufacturers. Experts caution that this move could increase tariffs by 40-50 paise per unit, affecting project costs, timelines, and India’s…
Author: PPD Team Date: December 20, 2024 Vietnam Electricity (EVN) has signed a VND4.923 trillion contract with PC1 Group and Power Engineering Consulting JSC 4 to connect Côn Đảo to the national grid. The project involves a 77.7 km 110kV submarine cable from Sóc Trăng to Côn Đảo, along with underground and overhead transmission lines. Construction begins in December 2024, and power supply is expected by Q4 2025. This project aims to boost infrastructure and…
Author: PPD Team Date: October 15, 2025 Enerica Regrid Infra Private Limited (EnerGrid), launched by IndiGrid, British International Investments, and Norfund, plans to raise USD 450–500 million to scale its greenfield portfolio. The funds will support bids and development of transmission and standalone battery energy storage system (BESS) projects across India. The platform has already secured USD 300 million from its founding partners and is seeking additional capital from global infrastructure funds, with Avendus Capital…
Author: PPD Team Date: March 23, 2026 India’s power sector will require investment of approximately Rs 200 lakh crore over the next two decades, Union Minister of Power Manohar Lal said while inaugurating the Bharat Electricity Summit 2026 in New Delhi. Speaking at Yashobhoomi, the Minister framed the investment need within India’s goal of becoming a developed nation by 2047, citing energy as central to that ambition. “Energy is at the heart of development,” he…