Author: PPD Team Date: October 21, 2024
Integrum Energy Infrastructure has reportedly filed a draft red herring prospectus (DRHP) for an initial public offering (IPO).
The IPO will include a fresh issue of up to 4.95 million equity shares and an offer for sale of up to 0.54 million equity shares.
The proceeds will be directed toward the development of a new solar plant and meeting the company’s working capital needs.
Author: PPD Team Date: July 18, 2025 The Goa electricity department has signed a power purchase agreement (PPA) with the National Thermal Power Corporation (NTPC) for sourcing power from the Sipat Stage-III power plant in Bilaspur, Chhattisgarh. Goa does not operate any in-state generation facilities and relies entirely on power purchases from NTPC’s central pool to meet its electricity demand. The deal will allow Goa to draw power from the NTPC plant as part of…
Author: PPD Team Date: November 11, 2025 JSW Energy Limited has announced the successful commissioning of 85 MW of new renewable capacity, comprising 74 MW of solar projects, including a portion of the NHPC Hybrid Project, and 11 MW of wind capacity. With this addition, the company’s total installed capacity has reached 13,295 MW. Renewable energy now accounts for 57% of JSW Energy’s total capacity. This includes 3,720 MW of wind, 2,286 MW of solar,…
Author: PPD Team Date: March 7, 2025 Goldi Solar has introduced an artificial intelligence (AI)-driven solar module manufacturing line at its new facility in Kosamba, Surat, Gujarat. The facility, designed for a production capacity of 14 GW, features high-speed stringers capable of processing 10,000 cells per hour. AI-driven automation ensures consistency, minimizes errors, and reduces material wastage. An AI-powered optical inspection system enables real-time quality control, using computer vision to detect microscopic defects. The facility…
Author: PPD Team Date: June 26, 2025 The Solar Energy Corporation of India (SECI) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have signed a Memorandum of Understanding (MoU) to collaborate on renewable energy (RE) power projects across India. Under the agreement, both entities will work together to identify suitable land and develop the necessary grid-connectivity infrastructure. The projects will be located in Maharashtra and other states, aiming to supply power to commercial…
Author: PPD Team Date: April 21, 2026 Multi Commodity Exchange of India Limited (MCX) has received approval from the Securities and Exchange Board of India (SEBI) to incorporate a wholly owned subsidiary focused on coal trading. The approval, granted on April 17, 2026, allows MCX to establish a regulated platform for coal price discovery. The proposed entity, expected to be named MCX Coal Exchange Ltd. or MCX Coal Exchange of India Ltd., will be set…
Author: PPD Team Date: September 22, 2025 The Ministry of New and Renewable Energy (MNRE) has released a memorandum detailing performance requirements that BioCNG projects must meet to qualify for Central Financial Assistance (CFA). The directive sets out minimum generation thresholds for disbursing the full amount of support. The clarification applies to the Waste to Energy Programme under Phase-I of the National Bioenergy Programme. It follows the original guidelines issued on November 2, 2022, and…