Author: PPD Team Date: December 11, 2024
GE Vernova T&D India Limited has secured an order from Sterlite Power for the supply and supervision of 765 kV power transformers and reactors for the Khavda project.
The contract, valued at approximately Rs 4 billion, is scheduled to be completed within two years.
Author: PPD Team Date: December 20, 2024 NHPC Limited plans to invest Rs 55 billion in Bihar’s renewable energy sector to support India’s energy transition. The company is set to sign a memorandum of understanding with the state government for projects including solar power, floating solar, and battery storage solutions. NHPC highlighted the potential for renewable energy projects with battery storage to ensure round-the-clock green power supply. NHPC has sought the state government’s support in…
Author: PPD Team Date: December 9, 2025 Transrail Lighting Limited has announced fresh engineering procurement and construction orders worth Rs 822 crore. The wins include a turnkey EPC contract for a 400 kV transmission line in a Gulf Cooperation Council region and additional contracts in civil works and poles, and lighting. With these additions, the company’s order inflows for FY26 have crossed Rs 5,110 crore. The company also holds an L1 position of more than…
Author: PPD Team Date: December 22, 2025 REC Limited has disclosed the incorporation of three new special purpose vehicles (SPVs) between 19 December 2025 and 20 December 2025. The entities have been set up through its wholly owned subsidiary REC Power Development and Consultancy Limited REC Power Development and Consultancy Limited (RECPDCL) to implement intra-state transmission projects in Maharashtra. Balsane Power Transmission Limited was incorporated on 18 December 2025. The company has been created for…
Author: PPD Team Date: January 20, 2025 Vikram Solar has received a 1,000 MW order to supply solar photovoltaic modules for renewable energy projects in Karnataka, Gujarat, and Rajasthan under JSW Neo Energy Limited’s renewable energy initiative. The order includes Hypersol N-Type TOPCon Glass-to-Glass Modules with power outputs of 580 Wp or higher, designed for high efficiency and large-scale solar installations. Manufacturing will take place at Vikram Solar’s facilities in Falta, West Bengal, and Oragadam,…
Author: PPD Team Date: June 9, 2025 The Multi Commodity Exchange of India Ltd. (MCX) has received approval from the Securities and Exchange Board of India (SEBI) to launch electricity derivatives contracts. This marks a major step in the evolution of energy trading in India. The launch is supported by both SEBI and the Central Electricity Regulatory Commission (CERC), reflecting a strong push from regulators to deepen and modernise India’s power markets. Electricity derivatives are…
Author: PPD Team Date: November 24, 2025 TotalEnergies is reportedly preparing to sell up to 6 per cent of its holding in Adani Green Energy Limited. The stake is valued at about USD1.14 billion, and the company is exploring the move to realise part of the gains from its investment. TotalEnergies holds nearly 19 per cent in Adani Green through two subsidiaries. It invested USD2.5 billion in 2021. The proposed sale is being examined by…