Author: PPD Team Date: February 6, 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: June 25, 2025 Blupine Energy Private Limited has achieved financial closure for its 150 MW firm and dispatchable renewable energy (FDRE) project in Aland, Karnataka. The company has secured debt funding worth Rs 24.16 billion from Standard Chartered Bank. Standard Chartered served multiple roles in the transaction. It was the mandated lead arranger, lender, sole green coordinator, and account bank. Blupine’s project will comprise 120 MW of solar, 211.2 MW of…
Author: PPD Team Date: August 27, 2025 Transrail Lighting Limited has announced new orders worth Rs 837 crore, comprising a domestic transmission line EPC contract and an international product supply order. Randeep Narang, Managing Director and Chief Executive Officer, said the strong intake reflects the company’s execution strength and expanding customer base. He noted that the domestic order was awarded by a major business group, while the international contract was secured on the basis of…
Author: PPD Team Date: March 10, 2026 The Nathpa Jhakri Hydro Power Station (NJHPS), operated by SJVN Limited, has achieved cumulative power generation of 150 billion units (BU). The 1,500 MW underground hydropower station reached the milestone on March 9, 2026. In a press release, SJVN stated that the project has maintained consistent operational performance since its commissioning in May 2004. Chairman and Managing Director Bhupender Gupta congratulated the NJHPS team and noted that the…
Author: PPD Team Date: February 17, 2026 The Uttar Pradesh government has proposed an outlay of Rs 65,926 crore for the energy sector in FY 2026-27, an increase of 8% over the previous year. The allocation forms part of the state’s Rs 9,12,696 crore annual budget and covers generation, transmission, distribution and renewable energy development. Thermal generation capacity has increased from 5,878 MW in 2016-17 to 9,120 MW as of December 2025, reflecting growth of…
Author: PPD Team Date: November 21, 2024 The Solar Energy Corporation of India (SECI) has signed a memorandum of understanding (MoU) with H2Global Stiftung, a non-profit advancing global hydrogen markets, to promote green hydrogen development. The partnership focuses on leveraging H2Global’s innovative mechanism, implemented by its subsidiary Hintco, to align with international hydrogen market dynamics. Hintco’s tenders provide transparency on pricing, ensure production and delivery of clean fuels, and support legal certainty for final investment…
Author: PPD Team Date: May 11, 2025 Apar Industries Limited has bagged two contracts worth Rs 1,329.17 million and Rs 1,155.96 million under the Eastern Region Expansion Scheme-43 (ERES-43). The awards were announced on May 2, 2025. The tenders were issued by Power Grid Corporation of India Limited (PGCIL) in October 2024. Apar will carry out reconductoring works and associated bay upgradations under two packages: OH01 and OH02. Package OH01 covers the reconductoring of the…