Author: PPD Team Date: December 20, 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: January 23, 2026 REC Power Development and Consultancy Limited (RECPDCL) has issued a Request for Proposal (RFP) to select a Transmission Service Provider (TSP) for the project titled “Upgrading 400 kV GSS Kankani to 765 kV GSS along with associated transmission line Package 3 (P3)”. RECPDCL is acting as the Bid Process Coordinator for the project. The project will be awarded through a tariff based competitive bidding process. The selected bidder…
Author: PPD Team Date: January 21, 2025 Bharat Petroleum Corporation Limited (BPCL) has partnered with Volks Energie to develop India’s first solar power plant integrated with Lithium Iron Phosphate (LFP) Battery Energy Storage Systems (BESS) for oil and gas pipelines. The project will span 14 strategic locations across Andhra Pradesh and Telangana. Volks Energie will deploy a combined battery capacity of 1.6 MWh, with Engineers India Limited serving as the project consultant. The use of…
Author: PPD Team Date: November 28, 2025 Laser Power and Infra Ltd has announced three new project mandates worth Rs 836 crore under the Revamped Distribution Sector Scheme (RDSS). The orders were placed by NTPC and two state discoms and will support system strengthening and loss reduction efforts in Uttar Pradesh, Jammu and Kashmir, and Rajasthan. The largest mandate comes from Kanpur Electricity Supply Company in Uttar Pradesh, valued at Rs 422.11 crore. The company…
Author: PPD Team Date: January 13, 2026 Solex Energy Limited has received a Rs 276 crore work order from a domestic independent power producer for the manufacture and supply of N-type Tunnel Oxide Passivated Contact (TOPCon) solar photovoltaic (PV) modules. The order provides additional visibility to the company’s order book. According to a regulatory filing, the order covers the supply of 615 Wp and 620 Wp glass-to-glass (G12R) solar modules. Execution is scheduled between February…
Author: PPD Team Date: July 29, 2025 Widespread protests have erupted in western Rajasthan over the large-scale cutting of Khejri trees to make way for solar power projects, according to Down To Earth. Farmers and environmental activists allege that solar companies have been clearing ecologically vital trees without proper assessments. The movement began in July 2024 in Nokha Daiya village, Bikaner district, and soon spread across Jodhpur, Jaisalmer, Nagaur, Barmer, and other regions. Protesters claim…
Author: PPD Team Date: June 25, 2025 Quality Power Electrical Equipments Ltd has announced the launch of its Global Coil Factory at Kupwad MIDC in Sangli, Maharashtra. The facility is set to become one of the world’s largest production plants for air-core and oilfilled reactors, supporting applications in HVDC (high-voltage direct current), STATCOM, and FACTS systems. Equipped with 44 advanced winding lines and a high-voltage testing laboratory, the plant is designed to meet rising global…