GoI applies for loan from AIIB for Assam transmission project
Author: PPD Team Date: December 12, 2024
Author: PPD Team Date: December 12, 2024
The Government of India has applied for a USD 186 million loan from the Asian Infrastructure Investment Bank (AIIB) for the Assam Intra-State Transmission System Enhancement Project Phase II.
The initiative aims to strengthen Assam’s electricity transmission system by constructing new transmission sub-stations, upgrading existing ones, and installing optical power ground wire (OPGW) in the state.
Author: PPD Team Date: March 5, 2025 Adani Green Energy Limited (AGEL) has refinanced its $1.06 billion construction facility. AGEL refinanced its maiden construction facility, originally secured in 2021, for developing India’s largest solar-wind hybrid renewable cluster in Rajasthan. The new long-term financing has a 19-year door-to-door tenor and follows a fully amortized debt model aligned with the asset’s lifecycle. This refinancing completes AGEL’s capital management program for the portfolio, ensuring long-term financial stability by…
Author: PPD Team Date: October 22, 2024 Gensol Engineering has partnered with Matrix Gas & Renewables to establish India’s first green steel production facility using 100% green hydrogen. The project, with a total capital expenditure of Rs 3.21 billion, will receive 50% capex incentives from the Government of India under the National Green Hydrogen Mission. Sanctioned as one of three pilot projects by MECON, in coordination with the Ministry of Steel (MoS) and the Ministry…
Author: PPD Team Date: January 22, 2026 KP Green Engineering Limited has received multiple confirmed orders worth Rs 248.2 crore across its business segments. With this addition, the company’s total confirmed orders disclosed in January 2026 have reached approximately Rs 1,067.2 crore. The latest orders cover a range of verticals. Crash barriers for railway and other fencing form the largest share at Rs 107.9 crore. This is followed by transmission tower materials and structures valued…
Author: PPD Team Date: December 23, 2024 The Nuclear Company has issued a solicitation of interest to contractors for its 6GW nuclear power initiative across the United States. The project adopts a “design once, build many” strategy, leveraging advanced construction, AI, IoT, and digital technologies to streamline processes and reduce costs. Key innovations will enhance site selection, permitting, construction management, and supply chain logistics. The initiative targets rising energy demand from AI data computing, onshoring…
Author: PPD Team Date: November 21, 2024 SJVN has signed a Memorandum of Understanding (MoU) with the Energy Department of Rajasthan to advance renewable energy development in the state. As part of the MoU, SJVN will develop 5 GW of pumped storage projects and 2 GW of floating solar projects in Rajasthan. The agreement was formalized in the presence of Rajasthan’s Chief Minister, Bhajan Lal Sharma, and signed by Akhileshwar Singh, Director (Finance) SJVN, and…
Author: PPD Team Date: August 5, 2025 JSW Energy Limited, as per its recent announcements, has acquired a 51 per cent stake in KSK Water Infrastructures Private Limited (KWIPL) and commissioned the first unit of its 240 MW Kutehr hydroelectric project in Himachal Pradesh. The KWIPL transaction was completed under a settlement plan approved by the National Company Law Tribunal (NCLT), Hyderabad Bench. JSW Energy paid Rs 962 crore to KWIPL’s lenders, acquiring a majority…