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: September 16, 2024 India’s leading electric vehicle (EV) manufacturer, Tata Motors, is offering free charging and discounts to attract consumers, while rival MG Motor has launched a pioneering battery rental plan. These efforts aim to address slowing sales growth in the EV market, which currently accounts for 2% of India’s 4.2 million annual car sales. Sales growth has stalled, with analysts pointing to high vehicle prices and insufficient charging infrastructure as…
Author: PPD Team Date: April 24, 2026 Hindustan Power has secured a 100 MW AC solar power project from Punjab State Power Corp. Ltd (PSPCL) to be developed in Punjab, with an estimated installed capacity of 140–150 MWp. The project was awarded through a tariff-based competitive bidding process followed by an e-reverse auction. Hindustan Power will enter into a 25-year Power Purchase Agreement (PPA) with PSPCL, providing long-term revenue visibility. The project is scheduled for…
Author: PPD Team Date: March 5, 2025 BGR Tech Limited has signed a Memorandum of Understanding (MoU) with South Korea’s Elchemtech Company Limited to introduce proton exchange membrane water electrolysers (PEMWE) in India. BGR Tech will integrate these electrolysers into its balance-of-plant (BoP) systems for green hydrogen projects nationwide. Both companies also evaluate the feasibility of manufacturing or assembling PEMWE stacks in India using Elchemtech’s technology, aligning with the “Make in India” initiative. Elchemtech’s PEMWE…
Author: PPD Team Date: October 15, 2024 Delhi Metro’s Blue Line, connecting Yamuna Bank with Vaishali in Ghaziabad, has received carbon-neutral certification, marking a significant milestone for the Delhi Metro Rail Corporation (DMRC). Officials highlighted this achievement as part of DMRC’s commitment to reducing its carbon footprint and addressing climate change. This certification follows similar recognition for DMRC’s corporate headquarters at Metro Bhawan and staff quarters in Sector-50, Noida. DMRC aims to inspire other urban…
Author: PPD Team Date: January 12, 2026 REC Power Development and Consultancy Limited (RECPDCL) has transferred its entire shareholding in two project-specific special purpose vehicles (SPVs), Velgaon Power Transmission Limited and Jejuri Hinjewadi Power Transmission Limited, to successful bidders selected through a tariff-based competitive bidding (TBCB) process. The divestments were completed through separate Share Purchase Agreements signed on 9 January 2026. Jejuri Hinjewadi Power Transmission Limited was acquired by The Tata Power Company Limited, while…
Author: PPD Team Date: February 5, 2026 ACME Solar Holdings Limited has appointed Rahul Kaushik to a newly created leadership role to strengthen operational governance and improve process efficiency across the organisation. In a press release dated February 4, 2026, the company announced Kaushik’s appointment as Head of Process Transformation. In this role, he will focus on building resilient and future-ready processes while reinforcing governance frameworks across ACME Solar’s expanding renewable energy portfolio. He will…