Insolation Energy subsidiary wins Rs 232 crore solar project order
Author: PPD Team Date: October 30, 2025
Author: PPD Team Date: October 30, 2025
Insolation Energy Ltd announced that its subsidiary, Insolation Green Infra Private Limited, has received a turnkey project order worth Rs 232.36 crore (excluding GST) from Silgo Retail Ltd.
The order covers the design, engineering, manufacturing, supply, and supervision of erection, testing, and commissioning of a 54 MW AC (70.20 MWp DC) grid-connected solar power plant in Rajasthan under the KUSUM Scheme.
The project will be implemented across multiple sites in the state and is scheduled to be executed between FY 2025 and FY 2027.
Earlier this month, Insolation Green Energy Private Limited, another subsidiary of Insolation Energy, incorporated sixteen special purpose vehicles (SPVs) in two phases to advance renewable energy initiatives. These SPVs are intended to develop, commission, and operate solar and other renewable power projects, including rooftop PV installations, but have not yet begun operations.
Author: PPD Team Date: September 23, 2025 Adani Green Energy Limited has set up a new step-down subsidiary, Adani Ecogen Three Limited, to focus on renewable power generation. The company disclosed the development in a stock exchange filing on 22 September 2025. According to the filing, the subsidiary was incorporated by Adani Renewable Energy Holding Eleven Limited, a wholly-owned arm of Adani Green Energy. Adani Ecogen Three Limited was registered on the same date with…
Author: PPD Team Date: February 11, 2026 Larsen & Toubro Limited (L&T) announced on February 10, 2026, that it has incorporated a new wholly owned subsidiary in the Netherlands, named L&T Energy Offshore Wind B.V. The entity has been registered with the Dutch Trade Register and is set up to operate in the offshore wind energy segment. The subsidiary has been incorporated with an initial issued share capital of 1 EURO, fully subscribed by L&T….
Author: PPD Team Date: March 26, 2026 Coal India Limited (CIL) has approved a corporate guarantee of up to Rs 3,160 crore for CIL Rajasthan Akshay Urja Limited (CRAUL), supporting debt financing for an 875 MW solar PV project in Rajasthan. The approval was granted at the company’s board meeting on March 23, 2026. CRAUL is a joint venture between CIL, which holds a 74% stake, and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL), which…
Author: PPD Team Date: December 19, 2024 The Central Government has initiated the development of 4,000 MW solar power projects in Rajasthan, with the foundation stone laid on December 17, 2024. The projects include: Pugal Solar Project (2,450 MW): Phase-I and Phase-II (1,000 MW each): Located in Soorasar village, Pugal tehsil, Bikaner. Phase-III (450 MW): Located in Sardarpura village, Chhatargarh tehsil, Bikaner. Developed by Rajasthan Solarpark Development Company Limited (RSDCL), a subsidiary of Rajasthan Renewable…
Author: PPD Team Date: December 3, 2024 Indonesia is in talks with the US and Russia to acquire nuclear power technology, targeting the operation of nuclear power plants by 2036, as reported by Reuters. Vivi Yulaswati, deputy minister at the Ministry of National Development Planning, revealed that the country is evaluating both small modular reactors and conventional nuclear technology to reduce reliance on fossil fuels. However, Indonesia’s seismic activity poses significant challenges for adopting nuclear…
Author: PPD Team Date: November 28, 2025 Laser Power and Infra Ltd has announced three new project mandates worth Rs 836 crore under the Revamped Distribution Sector Scheme (RDSS). The orders were placed by NTPC and two state discoms and will support system strengthening and loss reduction efforts in Uttar Pradesh, Jammu and Kashmir, and Rajasthan. The largest mandate comes from Kanpur Electricity Supply Company in Uttar Pradesh, valued at Rs 422.11 crore. The company…