Author: PPD Team Date: 28/10/2024
Insolation Green Energy Private Limited has received a purchase order to supply solar photovoltaic (PV) modules for NTPC’s Khavada site in Gujarat.
The order, valued at Rs 2.08 billion, includes 150 MW of 550 Wp solar PV modules, with execution planned for the fiscal year 2024-25.
Author: PPD Team Date: 24/02/2025 GE Power India Limited has received work orders worth Rs 403.38 million from NTPC Limited and M.P. Power Generating Company Limited for supplying steam turbine parts and boiler panel services. The order from NTPC Limited involves supplying steam turbine parts for the Talcher site, to be executed over 15 months. The order from M.P. Power Generating Company Limited includes boiler panel services, scheduled for completion within 80 days. Earlier in…
Author: PPD Team Date: 11/12/2024 Solar tracker provider Nextracker has announced the delivery of its first US-manufactured solar trackers, achieving 100% domestic content value under the Inflation Reduction Act (IRA). This marks a key advancement in localizing the US solar supply chain. The trackers will be used in SB Energy’s 570MW Pelican’s Jaw solar project, which includes 954 megawatt-hours (MWh) of energy storage. The project, under construction by SOLV Energy, highlights the benefits of local…
Author: PPD Team Date: 16/09/2024 Tata Consultancy Services (TCS) is collaborating with Tata Electronics to introduce India’s first domestically produced semiconductor chips by 2026. Tata Electronics is leading the manufacturing efforts, targeting industries such as automotive, electronics, power, consumer goods, and healthcare. TCS will contribute through semiconductor design, engineering, and related services, including software solutions and IP-based products. The India Semiconductor Mission (ISM) has approved three semiconductor manufacturing facilities, including two led by Tata Electronics:…
Author: PPD Team Date: 04/11/2024 S4 Energy, a subsidiary of Castleton Commodities International (CCI) specializing in grid-scale battery energy storage, has acquired Netherlands-based LC Energy’s battery storage platform, LCEGS. This acquisition enhances the energy grid’s resilience by merging LCEGS’ development expertise with S4 Energy’s operational experience. Battery energy storage is crucial for Europe’s decarbonisation goals and grid stability. With increasing reliance on renewable energy and demand from sectors like data centres, battery storage is set…
Author: PPD Team Date: 03/03/2025 Alpex Solar Private Limited has secured a Rs 2.11 billion contract from the Solar Energy Corporation of India (SECI) to supply 97.5 MWp of Domestic Content Requirement (DCR) solar PV modules for a 300 MW/390 MWp project in Ramagiri, Andhra Pradesh. This contract is part of SECI’s 1,200 MW CPSU (Tranche-III) scheme, aimed at developing a grid-connected solar PV power plant with viability gap funding (VGF) support for government use….
Author: PPD Team Date: 16/01/2025 Bank of Baroda (BoB) received Letters of Award (LoAs) from NLC India Limited to provide Rupee Term Loans (RTL) for two solar projects in Gujarat: 600 MW Khavda Solar PV Project – Phase XX (GUVNL) Loan amount: Rs 26.69 billion at an interest rate of 8.15% p.a. Project scope: Development of 600 MW grid-connected solar PV plants under GUVNL Phase XX on a build, own, and operate (BOO) basis at…