GP Eco Solutions bags Rs 1.2 billion solar project in Punjab
Author: PPD Team Date: 14/07/2025
Author: PPD Team Date: 14/07/2025
GP Eco Solutions India Limited has secured a Rs 1,219.2 million contract from Welkin Renewable India Private Limited to execute a grid-connected solar project in Punjab.
The project, with a total capacity of 24 MW (31.67 MWp), is expected to be completed by March 2026.
The engineering, procurement and construction (EPC) contract was awarded on July 10, 2025. Under the agreement, GP Eco Solutions will be responsible for the complete project cycle. This includes engineering and design, procurement and supply of equipment, installation, erection, testing and final commissioning.
Author: PPD Team Date: 30/12/2024 The government has annulled the auction of 11 critical mineral blocks in the fourth round due to a weak response from bidders. Four blocks, including tungsten and glauconite located in Chhattisgarh and Arunachal Pradesh, attracted no bids, while the remaining seven received fewer than three technically qualified bidders, leading to the cancellation of the auction process for all blocks. This follows a pattern seen in previous rounds, where several critical…
Author: PPD Team Date: 05/08/2025 The Ministry of New and Renewable Energy (MNRE) has issued updated guidelines for its pilot initiative to advance the use of innovative technologies in Green Hydrogen production and application. The revised framework focuses on demonstrating new production methods such as floating solar systems, biomass-based technologies, and wastewater-based hydrogen generation. It also encourages testing decentralised applications, including cooking, space heating, off-grid power, and off-road transport. Another priority is to ensure safe…
Author: PPD Team Date: 07/11/2024 A new report from the International Solar Alliance (ISA) highlights a global increase in sustainable energy investments, rising from $2.4 trillion in 2018 to an expected $3.1 trillion by 2024, with solar energy dominating green investments. Solar alone now accounts for 59 per cent of these investments, primarily due to decreasing technology costs and a surge in support from the Asia-Pacific (APAC) region, which has emerged as the leading investor….
Author: PPD Team Date: 16/12/2024 Adani Renewable Energy Holding Nine Limited, a subsidiary of Adani Green Energy Limited (AGEL), has established three special purpose vehicles (SPVs) to implement its renewable energy projects. The SPVs—Adani Green Energy Sixty Five Limited (AGE65L), Adani Green Energy Sixty Six Limited (AGE66L), and Adani Green Energy Sixty Seven Limited (AGE67L)—were incorporated on December 12, 2024. The SPVs will focus on generating, developing, transmitting, distributing, and selling power derived from wind,…
Author: PPD Team Date: 20/12/2024 KPI Green Energy has signed a memorandum of understanding (MoU) with the Rajasthan government to develop hybrid renewable energy projects, including solar and wind power, in Jaisalmer (Ramgarh). The MoU outlines government support for facilitating necessary permissions and clearances for project development, in line with the state’s existing policies and regulations.
Author: PPD Team Date: 31/12/2024 Aditya Birla Renewable Energy Limited (ABREL) and its special purpose vehicle (SPV), Aditya Birla Renewables SPV 4 Limited, have signed a shareholder’s agreement with Gujarat Alkalies and Chemicals Limited (GACL) for a 62.7 MW wind-solar hybrid power project in Gujarat. The agreement was finalized on December 28, 2024. GACL will hold a 26% equity stake in the SPV for the project. Additionally, GACL has signed a power consumption agreement (PCA)…
Author: PPD Team Date: 30/12/2024 The government has annulled the auction of 11 critical mineral blocks in the fourth round due to a weak response from bidders. Four blocks, including tungsten and glauconite located in Chhattisgarh and Arunachal Pradesh, attracted no bids, while the remaining seven received fewer than three technically qualified bidders, leading to the cancellation of the auction process for all blocks. This follows a pattern seen in previous rounds, where several critical…
Author: PPD Team Date: 05/08/2025 The Ministry of New and Renewable Energy (MNRE) has issued updated guidelines for its pilot initiative to advance the use of innovative technologies in Green Hydrogen production and application. The revised framework focuses on demonstrating new production methods such as floating solar systems, biomass-based technologies, and wastewater-based hydrogen generation. It also encourages testing decentralised applications, including cooking, space heating, off-grid power, and off-road transport. Another priority is to ensure safe…
Author: PPD Team Date: 07/11/2024 A new report from the International Solar Alliance (ISA) highlights a global increase in sustainable energy investments, rising from $2.4 trillion in 2018 to an expected $3.1 trillion by 2024, with solar energy dominating green investments. Solar alone now accounts for 59 per cent of these investments, primarily due to decreasing technology costs and a surge in support from the Asia-Pacific (APAC) region, which has emerged as the leading investor….
Author: PPD Team Date: 16/12/2024 Adani Renewable Energy Holding Nine Limited, a subsidiary of Adani Green Energy Limited (AGEL), has established three special purpose vehicles (SPVs) to implement its renewable energy projects. The SPVs—Adani Green Energy Sixty Five Limited (AGE65L), Adani Green Energy Sixty Six Limited (AGE66L), and Adani Green Energy Sixty Seven Limited (AGE67L)—were incorporated on December 12, 2024. The SPVs will focus on generating, developing, transmitting, distributing, and selling power derived from wind,…
Author: PPD Team Date: 20/12/2024 KPI Green Energy has signed a memorandum of understanding (MoU) with the Rajasthan government to develop hybrid renewable energy projects, including solar and wind power, in Jaisalmer (Ramgarh). The MoU outlines government support for facilitating necessary permissions and clearances for project development, in line with the state’s existing policies and regulations.
Author: PPD Team Date: 31/12/2024 Aditya Birla Renewable Energy Limited (ABREL) and its special purpose vehicle (SPV), Aditya Birla Renewables SPV 4 Limited, have signed a shareholder’s agreement with Gujarat Alkalies and Chemicals Limited (GACL) for a 62.7 MW wind-solar hybrid power project in Gujarat. The agreement was finalized on December 28, 2024. GACL will hold a 26% equity stake in the SPV for the project. Additionally, GACL has signed a power consumption agreement (PCA)…
Author: PPD Team Date: 30/12/2024 The government has annulled the auction of 11 critical mineral blocks in the fourth round due to a weak response from bidders. Four blocks, including tungsten and glauconite located in Chhattisgarh and Arunachal Pradesh, attracted no bids, while the remaining seven received fewer than three technically qualified bidders, leading to the cancellation of the auction process for all blocks. This follows a pattern seen in previous rounds, where several critical…
Author: PPD Team Date: 05/08/2025 The Ministry of New and Renewable Energy (MNRE) has issued updated guidelines for its pilot initiative to advance the use of innovative technologies in Green Hydrogen production and application. The revised framework focuses on demonstrating new production methods such as floating solar systems, biomass-based technologies, and wastewater-based hydrogen generation. It also encourages testing decentralised applications, including cooking, space heating, off-grid power, and off-road transport. Another priority is to ensure safe…