Author: PPD Team Date: December 30, 2024
Jakson Group and OMC Power have partnered to implement a 50 MW solar rooftop project valued at Rs 2 billion.
This initiative will offset 62,500 tonnes of carbon emissions annually, equal to planting 2.5 million trees.
Jakson Group will deploy rooftop systems across all 75 districts of Uttar Pradesh, supporting the state’s clean energy transition.
Author: PPD Team Date: January 9, 2025 NTPC Renewable Energy Limited (NTPC REL) has signed a memorandum of understanding (MoU) with Deendayal Port Authority to establish a green hydrogen fueling station and deploy 11 hydrogen-powered buses at Kandla Port, Gujarat. This initiative seeks to replace fossil fuel-based buses at the port, advancing clean energy adoption while supporting decarbonisation and energy security.
Author: PPD Team Date: February 9, 2026 Power Finance Corporation Limited (PFC) has initiated a major restructuring following the Union Budget 2026–27, with its Board approving in-principle a merger with its subsidiary, REC Limited. The Board has also approved the withdrawal of PFC’s nominee director from the board of PTC India Limited, along with the surrender of all related promoter rights. In regulatory filings dated February 6, 2026, PFC informed stock exchanges that its Board…
Author: PPD Team Date: August 21, 2025 SAEL Industries Limited has entered into two long-term power purchase agreements with state utilities in Gujarat and Punjab, covering a combined solar capacity of 880 MW. SAEL Solar P Sixteen and SAEL Solar P Seventeen, both subsidiaries of SAEL, signed an agreement with Gujarat Urja Vikas Nigam Limited (GUVNL) for 480 MW. This includes 240 MW from the initial award and another 240 MW under the greenshoe option….
Author: PPD Team Date: August 13, 2025 Tata Power will develop a 700 MW wind farm in Anantapur, Andhra Pradesh. The project will connect to the central grid and generate around 1,840 million units annually. The Rs 6,000 crore project is part of an MoU between Tata Power and the Andhra Pradesh government, signed in March 2025, to develop 7,000 MW of renewable capacity. Suzlon Energy will supply turbines from its upgraded Andhra Pradesh factory,…
Author: PPD Team Date: April 15, 2025 On April 15, 2025, Serentica Renewables India Private Limited (SRIPL) signed a 25-year power purchase agreement (PPA) with NTPC Limited for the development of a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project. The project is part of NTPC’s Tranche-II FDRE auction and will be connected to the Inter-State Transmission System (ISTS). The agreement follows Serentica Renewables’ success in securing the 200 MW FDRE capacity under NTPC’s…
Author: PPD Team Date: June 23, 2025 Siemens Energy India Ltd (SEIL) was officially listed on BSE Ltd and the National Stock Exchange of India Ltd on June 19, 2025, completing the demerger of Siemens Ltd’s energy business. With this listing, SEIL begins operating as an independent entity with a focus on transparency, agility, and strategic alignment to India’s fast-evolving energy sector. SEIL employs over 4,200 professionals and operates ten manufacturing units and eleven regional…