India and Kuwait elevate ties to strategic partnership
Author: PPD Team Date: December 24, 2024
Author: PPD Team Date: December 24, 2024
India and Kuwait have upgraded their relationship to a strategic partnership, focusing on defence, energy, trade, investment, and technology.
During Prime Minister Narendra Modi’s first visit to Kuwait in 43 years, an MoU on defence was signed to enhance cooperation in training, joint exercises, and equipment supply.
The two countries share strong energy ties, with bilateral trade reaching $10.47 billion in 2023-24. Kuwait is India’s sixth-largest crude supplier and fourth-largest LPG supplier.
Agreements also included cultural exchanges, sports cooperation, and Kuwait’s participation in the International Solar Alliance. The leaders discussed increasing economic collaboration, with Modi inviting Kuwaiti investment in sectors like energy, pharmaceuticals, and food parks.
Both sides agreed to strengthen cooperation in energy, counter-terrorism, and intelligence sharing, and to support Kuwait’s Vision 2035.
Author: PPD Team Date: January 15, 2026 ACME Solar Holdings Limited has designated Mr. Yogesh Kumar Sanklecha, Head Business Development, as a Senior Management Personnel (SMP) with effect from 15 January 2026. The appointment was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee through a circular resolution dated 14 January 2026. Mr. Sanklecha holds a Bachelor of Commerce degree from North Maharashtra University and a Master of Business…
Author: PPD Team Date: October 28, 2024 Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Enersol (DATTA INFRA), and ReNew Solar have been selected as winners in NTPC’s auction to develop inter-state transmission system (ISTS) connected wind-solar hybrid power projects with a total capacity of 1.2 GW. Green Prairie Energy and Adyant Enersol secured 200 MW and 70 MW, respectively, at a tariff of Rs 3.28 per kWh. Sembcorp Green Infra,…
Author: PPD Team Date: June 27, 2025 BAJEL Projects Limited has secured a major contract from a private developer for the establishment of 400 kV and 765 kV air-insulated switchyard (AIS) extension substations. The contract was awarded on June 24, 2025. The scope includes the supply of all extra high voltage (EHV) equipment along with mandatory spares, tools, tackles, and auxiliaries. In addition to the supply, BAJEL will carry out erection, testing, and commissioning (ETC)…
Author: PPD Team Date: July 24, 2025 The government of Andhra Pradesh has released a declaration for developing a green hydrogen valley in Amaravati to create an integrated ecosystem for green hydrogen and its derivatives by 2030. Targets include setting up 2 GW of electrolyser manufacturing capacity by 2027, expanding it to 5 GW by 2029, and building 1.50 million metric tonnes per annum of green hydrogen production capacity by 2029. The policy also seeks…
Author: PPD Team Date: October 17, 2025 Saatvik Green Energy Limited and its subsidiary Saatvik Solar Industries Private Limited have received solar photovoltaic (PV) module supply orders worth Rs 6.89 billion from independent power producers and engineering, procurement, and construction developers across India. Of the total, Saatvik Green Energy received Rs 0.51 billion in orders, scheduled for execution by November 2025. Its subsidiary, Saatvik Solar Industries, secured Rs 6.38 billion in orders, with completion targeted…
Author: PPD Team Date: February 10, 2026 Pace Digitek Limited reported year-on-year growth in revenue and profit for the third quarter of FY26, supported by steady order inflows and execution across its energy and telecom infrastructure businesses. For the quarter ended December 31, 2025, consolidated revenue from operations rose 13.5% to Rs 6,440 million. Profit after tax (PAT) increased 11.3% to Rs 788 million. As of January 31, 2026, the company reported an order book…