Author: PPD Team Date: December 17, 2024
GE Power India Limited has received an extended purchase order from Madhya Pradesh Power Generating Company Limited (MPPGCL) to supply boiler parts at the Sanjay Gandhi Power Station.
The order is valued at Rs 182.7 million and is scheduled for execution within 3.5 months.
Author: PPD Team Date: January 9, 2026 Hartek Power has secured an engineering, procurement, and construction contract for a large scale solar plus storage project in Karnataka. The project involves a 280 MW alternating current solar photovoltaic plant with a direct current capacity of 410 MWp, along with an 80 MW and 320 MWh battery energy storage system. The project is located in Challakere. The scope of work covers design, engineering, supply, erection, commissioning, and…
Author: PPD Team Date: January 20, 2026 On January 19, 2026, Waaree Renewable Technologies Limited secured a turnkey engineering, procurement and construction (EPC) contract for a solar project in Uttar Pradesh. On the same day, its parent company, Waaree Energies Limited, announced large solar module supply orders from customers in India and the United States. Waaree Renewable Technologies Limited informed the stock exchanges that it has signed a contract for the execution of a 10…
Author: PPD Team Date: October 8, 2025 The Ministry of New and Renewable Energy (MNRE) has issued an office memorandum to simplify the application and documentation process under its Waste to Energy Programme. Dated October 3, 2025, the move aims to speed up projects that generate power from urban, industrial, and agricultural waste. The revised process reduces paperwork for developers at all key stages—initial application, 50% financial assistance claim, and final disbursement. At the application…
Author: PPD Team Date: November 12, 2025 ReNew Energy has received $331 million in debt financing from the Asian Development Bank (ADB) to develop a large-scale clean energy project in Andhra Pradesh. The financing includes up to $291 million in local currency from ADB’s ordinary capital resources and $40 million from the ADB-administered Leading Asia’s Private Infrastructure Fund 2. The loan forms part of a $477 million financial package, with the remaining $146 million expected…
Author: PPD Team Date: September 22, 2025 Ingka Investments, the €50 billion family office of IKEA, has acquired 241 MW of solar and wind assets in Rajasthan from ib vogt, a Germany-based company. The deal, valued between Rs 1,200–1,400 crore, marks Ingka’s first investment in India’s renewable energy sector. The acquisition is part of Ingka’s global plan to invest €7.5 billion in renewable energy by 2030, with a focus on utility-scale wind and solar projects…
Author: PPD Team Date: October 17, 2024 Waaree Energies has announced its initial public offering (IPO), set to launch on October 21, 2024. The anchor investor bidding will open on October 18, and the offer will close on October 23. The IPO includes 4.8 million equity shares with a total value of Rs 36 billion. The price band is set between Rs 1,427 and Rs 1,503 per share, with a minimum bid of 9 shares. …