Author: PPD Team Date: 20/12/2024
Jindal Saw Limited has signed a share purchase agreement (SPA) to acquire a 31.20% equity stake in ReNew Green MHH One Private Limited (RGMHH), making RGMHH an associate company.
RGMHH focuses on renewable energy generation but has not yet commenced operations. The acquisition aims to secure electricity at concessional rates and is expected to be completed by May 2025.
Author: PPD Team Date: 19/09/2024 Maharashtra State Electricity Distribution Company (MSEDCL) has issued a letter of intent (LoI) to Adani Power (APL) for the supply of 5,000 MW of solar power to Maharashtra. This follows Adani Group’s successful bid to supply a total of 6,600 MW, including 5,000 MW of solar power and 1,600 MW of thermal power. Adani Green Energy (AGEL) will enter into a long-term power purchase agreement (PPA) with MSEDCL to provide…
Author: PPD Team Date: 25/10/2024 Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a letter of intent (LoI) to develop solar power projects with a total capacity of 9 MW under the company’s captive power producer (CPP) segment. The projects are scheduled for completion in various tranches by May 2025.
Author: PPD Team Date: 17/04/2025 Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has launched a national initiative to deploy solar-powered micro cold storage units. The aim is to reduce post-harvest losses and improve farm-level infrastructure for small and marginal farmers. The pilot unit was inaugurated in Kullu, Himachal Pradesh, with support from the Asian Development Bank. Similar units will now be deployed in Andhra Pradesh, Rajasthan, Uttar Pradesh, and…
Author: PPD Team Date: 18/09/2024 Maharashtra State Electricity Transmission Company (MSETCL) has released a tender for the construction of a 400/220 kV substation at Nandgaon Peth in Amravati district. The contract, valued at Rs 2.4296 billion, includes the establishment of associated transmission lines under the Amravati Zone. The bid submission deadline is set for October 9, 2024.
Author: PPD Team Date: 26/11/2024 WAPCOS Limited, a Mini Ratna PSU under India’s Ministry of Jal Shakti, has issued a tender inviting local Togolese agencies to conduct an Environmental and Social Impact Assessment (ESIA) for a solar electrification initiative. Funded by the EXIM Bank of India, the project aims to electrify 350 rural villages in Togo using solar photovoltaic systems. It seeks to reduce fossil fuel dependency, enhance energy access, and foster sustainable socio-economic growth….
Author: PPD Team Date: 29/11/2024 Swedish clean technology company Hexicon has secured approval from the South Korean Electricity Regulatory Commission (KOREC) for the transfer of two of three electricity business licenses (EBLs) for the 1.1 GW MunmuBaram floating offshore wind project. This approval fulfils a key condition for finalizing the sale and purchase agreement (SPA) signed in February 2024 with Shell Overseas Investments, enabling Hexicon to acquire full ownership of the project. The acquisition increases…
Author: PPD Team Date: 19/09/2024 Maharashtra State Electricity Distribution Company (MSEDCL) has issued a letter of intent (LoI) to Adani Power (APL) for the supply of 5,000 MW of solar power to Maharashtra. This follows Adani Group’s successful bid to supply a total of 6,600 MW, including 5,000 MW of solar power and 1,600 MW of thermal power. Adani Green Energy (AGEL) will enter into a long-term power purchase agreement (PPA) with MSEDCL to provide…
Author: PPD Team Date: 25/10/2024 Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a letter of intent (LoI) to develop solar power projects with a total capacity of 9 MW under the company’s captive power producer (CPP) segment. The projects are scheduled for completion in various tranches by May 2025.
Author: PPD Team Date: 17/04/2025 Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has launched a national initiative to deploy solar-powered micro cold storage units. The aim is to reduce post-harvest losses and improve farm-level infrastructure for small and marginal farmers. The pilot unit was inaugurated in Kullu, Himachal Pradesh, with support from the Asian Development Bank. Similar units will now be deployed in Andhra Pradesh, Rajasthan, Uttar Pradesh, and…
Author: PPD Team Date: 18/09/2024 Maharashtra State Electricity Transmission Company (MSETCL) has released a tender for the construction of a 400/220 kV substation at Nandgaon Peth in Amravati district. The contract, valued at Rs 2.4296 billion, includes the establishment of associated transmission lines under the Amravati Zone. The bid submission deadline is set for October 9, 2024.
Author: PPD Team Date: 26/11/2024 WAPCOS Limited, a Mini Ratna PSU under India’s Ministry of Jal Shakti, has issued a tender inviting local Togolese agencies to conduct an Environmental and Social Impact Assessment (ESIA) for a solar electrification initiative. Funded by the EXIM Bank of India, the project aims to electrify 350 rural villages in Togo using solar photovoltaic systems. It seeks to reduce fossil fuel dependency, enhance energy access, and foster sustainable socio-economic growth….
Author: PPD Team Date: 29/11/2024 Swedish clean technology company Hexicon has secured approval from the South Korean Electricity Regulatory Commission (KOREC) for the transfer of two of three electricity business licenses (EBLs) for the 1.1 GW MunmuBaram floating offshore wind project. This approval fulfils a key condition for finalizing the sale and purchase agreement (SPA) signed in February 2024 with Shell Overseas Investments, enabling Hexicon to acquire full ownership of the project. The acquisition increases…
Author: PPD Team Date: 19/09/2024 Maharashtra State Electricity Distribution Company (MSEDCL) has issued a letter of intent (LoI) to Adani Power (APL) for the supply of 5,000 MW of solar power to Maharashtra. This follows Adani Group’s successful bid to supply a total of 6,600 MW, including 5,000 MW of solar power and 1,600 MW of thermal power. Adani Green Energy (AGEL) will enter into a long-term power purchase agreement (PPA) with MSEDCL to provide…
Author: PPD Team Date: 25/10/2024 Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a letter of intent (LoI) to develop solar power projects with a total capacity of 9 MW under the company’s captive power producer (CPP) segment. The projects are scheduled for completion in various tranches by May 2025.