Author: PPD Team Date: 06/02/2025
Hazoor Multi Projects (HMPL) plans to invest Rs 25 billion in a 500 MW solar power project in Prakasam district, Andhra Pradesh.
The project will be developed on 2,000 acres, with support from the Andhra Pradesh government through the New & Renewable Energy Development Corporation (NREDCAP), which has requested a detailed project report (DPR) from the company for execution.
Author: PPD Team Date: 25/10/2024 The Ministry of New and Renewable Energy (MNRE) has received approval for a revised solar power scheme under PM JANMAN and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA). The scheme aims to electrify 100,000 un-electrified households in tribal and particularly vulnerable tribal groups (PVTG) areas using off-grid solar systems, with a total budget allocation of Rs 9.15 billion. It targets 18 Indian states, including Andhra Pradesh, Gujarat, and West…
Author: PPD Team Date: 27/01/2025 Adani Group has confirmed that its power purchase agreement (PPA) with the Sri Lankan government for wind power projects remains intact, countering a report by AFP that suggested its cancellation. According to Reuters, despite recent reviews by Sri Lankan authorities, the agreement involving Adani’s 484MW wind power projects in Mannar and Pooneryn is unaffected. The Sri Lankan government has been reviewing Adani’s local projects following allegations from US authorities in…
Author: PPD Team Date: 12/12/2024 Solar Landscape, a US-based commercial and community solar developer, has raised $847 million in project investment and financing in 2024. This funding will support the deployment of over 200 rooftop solar installations across the country. Additionally, the company has secured contracts for developing solar projects on 40 million square feet of commercial and industrial rooftop space. The financing was raised through partnerships with 10 investors and counterparties, including KeyState Renewables,…
Author: PPD Team Date: 04/03/2025 The Karnataka Department of Energy (DoE) has planned to opt out of the Revamped Distribution Sector Scheme (RDSS) for smart meter installation. Instead, the state will implement the project independently. Karnataka is among the few states that have not opted for RDSS, under which 197.9 million consumer smart meters have been sanctioned nationwide. However, officials have not disclosed the reason behind this decision. Sources in the Bangalore Electricity Supply Company…
Author: PPD Team Date: 24/02/2025 A total of five firms have been shortlisted as technically qualified for the selection of transmission service providers (TSP) through the tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis for the Transmission System for Integration of Kurnool-IV Renewable Energy Zone (REZ) – Phase-I (4.5 GW). The shortlisted firms are Power Grid Corporation of India Limited (PGCIL), Resonia Limited (formerly Sterlite Grid 32 Limited), Tata…
Author: PPD Team Date: 19/02/2025 AHAsolar Technologies Limited has won a contract worth Rs 2.95 million from North Eastern Electric Power Corporation Limited (NEEPCO) for preparing pre-feasibility reports (PFRs) and detailed project reports (DPRs) for five floating solar projects across three states. NEEPCO had invited bids for the contract in May 2024, and the award was announced on February 17, 2025. The floating solar power projects will be developed on the Dhadraul reservoir in Sonbhadra,…