JBM Group partners with Keppel for global energy transition
Author: PPD Team Date: December 6, 2024
Author: PPD Team Date: December 6, 2024
JBM Group has signed a memorandum of understanding (MoU) with Singapore-based Keppel to accelerate global energy transition and sustainable infrastructure growth.
The MoU was signed in the presence of Minister of Commerce and Industry Piyush Goyal and Keppel’s Infrastructure Division CEO, Cindy Lim.
Under the partnership, JBM Group will leverage its expertise in electric vehicles, EV aggregates, and auto systems to collaborate with Keppel on projects focused on electro-mobility, battery energy storage systems (BESS), and e-waste solutions.
The companies will also conduct feasibility studies for EV charging networks, electromobility hubs, and resource recovery facilities, aiming for a system-wide electrification of transport infrastructure.
The partnership seeks to drive innovation in decarbonising urban infrastructure, meeting growing demands in electro-mobility and e-waste management while exploring sustainable electricity solutions for the commercial and industrial sectors.
Author: PPD Team Date: January 16, 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)…
Author: PPD Team Date: May 22, 2025 Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve both domestic and captive demand. The manufacturing unit will cater exclusively to the…
Author: PPD Team Date: October 6, 2025 Insolation Energy’s subsidiary, Insolation Green Energy Pvt. Ltd., has incorporated sixteen special purpose vehicles (SPVs) over two phases to support renewable energy initiatives. On September 30, 2025, eleven entities were formed: DVJG Green Infra Pvt. Ltd., GDRV Green Infra Pvt. Ltd., GNJM Green Infra Pvt. Ltd., GVHJ Green Infra Pvt. Ltd., HPJG Green Infra Pvt. Ltd., PDJN Green Infra Pvt. Ltd., EGHR Green Infra Pvt. Ltd., JENP Green…
Author: PPD Team Date: February 20, 2025 NTPC Limited aims to establish 30,000 MW of nuclear power capacity by 2032 and is seeking land in eight states. The company is also working on partnerships with foreign firms such as Électricité de France (EDF) (France), General Electric (GE) (US), and Holtec International (US) for small modular reactor (SMR) development. The nuclear projects are expected to require an investment of Rs 5,383.59 billion (USD 62 billion). Currently,…
Author: PPD Team Date: March 6, 2025 Brookfield Asset Management and its affiliates (Brookfield) have announced the sale of a 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India in a two-phase transaction. The first phase, involving the sale of 1 GW of operational assets, has been completed. Brookfield currently has an installed capacity of around 46 GW and a development pipeline of approximately 200 GW. Its assets span North…
Author: PPD Team Date: August 6, 2025 Siemens Energy India reported an 80% year-on-year increase in net profit to Rs 263 crore for the quarter ended June 2025. Revenue from operations rose 20% to Rs 1,785 crore during the same period. New orders nearly doubled, rising 94% year-on-year to Rs 3,290 crore. Operating profit grew 59% to Rs 314 crore, with profit margins improving to 17.6% from 13.3% a year earlier. To support increased demand,…