Author: PPD Team Date: January 7, 2025
Gensol Engineering Limited has secured an engineering, procurement, and construction (EPC) contract for a 275 MW solar photovoltaic project at the Khavda Rann renewable energy solar park in Kutch, Gujarat.
The project, valued at Rs 10.61 billion, also includes three years of operations and maintenance.
Author: PPD Team Date: January 16, 2026 The Chief Minister of Assam, Mr. Himanta Biswa Sarma, inaugurated the 70 MW Dhubri Solar Power Project developed by SJVN Green Energy Limited (SGEL) on January 15, 2026. The project marks the first large-scale solar power facility to become operational in the state. The inauguration event was attended by Assam Power Minister Mr. Prasanta Phukan, SJVN Chairman and Managing Director Mr. Bhupendra Gupta, along with senior officials from…
Author: PPD Team Date: October 18, 2024 PFC Infra Finance IFSC Limited (PIFIL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has been approved by the International Financial Services Centres Authority (IFSCA) to commence business as a finance company in IFSC GIFT City, Gujarat. PIFIL will be the first finance company in the IFSC dedicated to power and infrastructure lending, providing financing in foreign currency for both government and private entities in India…
Author: PPD Team Date: September 22, 2025 The Ministry of New and Renewable Energy (MNRE) has released a memorandum detailing performance requirements that BioCNG projects must meet to qualify for Central Financial Assistance (CFA). The directive sets out minimum generation thresholds for disbursing the full amount of support. The clarification applies to the Waste to Energy Programme under Phase-I of the National Bioenergy Programme. It follows the original guidelines issued on November 2, 2022, and…
Author: PPD Team Date: May 29, 2025 Advait Energy and H.G. Infra Engineering have signed battery energy storage purchase agreements with Gujarat Urja Vikas Nigam Limited (GUVNL). The agreements cover standalone battery energy storage systems (BESS) backed by viability gap funding from the central government. These deals are part of GUVNL’s Phase IV tender, which targets 500 MW/1,000 MWh of BESS capacity. The Gujarat Electricity Regulatory Commission recently approved tariffs for the projects. Advait Energy…
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: November 22, 2024 Delhi Chief Minister Atishi has launched the Delhi Solar Portal, a single-window platform aimed at simplifying the installation of rooftop solar panels in the city. The portal enables residents to become ‘prosumers’—power consumers who also generate surplus solar energy—while significantly reducing their electricity bills and earning financial incentives. The portal is a crucial step toward achieving the Delhi government’s target of generating 750 MW of rooftop solar energy,…