Author: PPD Team Date: 31/12/2024
J&V Energy has signed a memorandum of understanding (MoU) with ESPRO to establish a joint holding company for solar energy development and management in Thailand.
The partnership aims to enhance renewable energy adoption and operational efficiency in line with Thailand’s sustainability goals.
Author: PPD Team Date: 02/12/2024 INOX Air Products (INOXAP) has commenced the supply of electronic and speciality gases to ReNew’s first solar photovoltaic (PV) cell manufacturing facility in Dholera, Gujarat. Under a long-term agreement, INOXAP provides critical gases such as nitrous oxide, ammonia, and silane through a logistics system comprising ISO containers and tube trailers owned by INOXAP. The partnership includes a comprehensive gas management solution to ensure reliable distribution and onsite handling, adhering to…
Author: PPD Team Date: 26/11/2024 NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC, received an overall subscription of 2.4 times for its initial public offering (IPO) on the final day of bidding. The IPO offered 593 million equity shares at a price band of Rs 102-108 and received bids for 1.43 billion shares, based on stock exchange data. The subscription breakdown revealed that the qualified institutional buyer category was subscribed 3.32 times,…
Author: PPD Team Date: 03/12/2024 Bharat Petroleum Corporation Limited (BPCL) and Coal India Limited (CIL) signed a non-binding memorandum of understanding (MoU) on December 2, 2024, in Mumbai. The collaboration aims to explore the development of a coal-to-synthetic natural gas (SNG) project using surface coal gasification at Western Coalfields (WCL). Surface coal gasification transforms coal into synthetic natural gas, providing a cleaner alternative to traditional coal-based energy.
Author: PPD Team Date: 19/03/2025 Jakson Green plans to invest up to Rs 86.66 billion over the next four years to expand its renewable energy portfolio. The investment will be financed through a mix of debt and equity as the company strengthens its position in the sector. Originally focused on diesel generator manufacturing, Jakson Green has diversified into renewable energy over the past two years. Its portfolio now includes distributed energy, solar modules and inverters,…
Author: PPD Team Date: 12/02/2025 Bharat Heavy Electricals Ltd (BHEL) has received a letter of intent (LoI) from Damodar Valley Corporation (DVC) for a Rs 62 billion contract related to the steam generator island package for DVC’s 2×660-MW Raghunathpur thermal power station (Phase-II) in Purulia district, West Bengal. The contract was awarded through an international competitive bidding process and includes the supply, erection, testing, and commissioning of steam generators, auxiliaries, electrostatic precipitators (ESP), flue gas…
Author: PPD Team Date: 05/12/2024 Mufin Green Finance has announced plans to finance Rs 5 billion worth of solar projects by 2026, marking its entry into the solar financing sector. The company recently closed its first solar financing deal worth Rs 32.5 million, supporting a rooftop solar installation at a manufacturing facility in Baroda, Gujarat, for a USD 3 billion company. Over the next two years, Mufin Green Finance aims to back 200,000 solar installations,…
Author: PPD Team Date: 02/12/2024 INOX Air Products (INOXAP) has commenced the supply of electronic and speciality gases to ReNew’s first solar photovoltaic (PV) cell manufacturing facility in Dholera, Gujarat. Under a long-term agreement, INOXAP provides critical gases such as nitrous oxide, ammonia, and silane through a logistics system comprising ISO containers and tube trailers owned by INOXAP. The partnership includes a comprehensive gas management solution to ensure reliable distribution and onsite handling, adhering to…
Author: PPD Team Date: 26/11/2024 NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC, received an overall subscription of 2.4 times for its initial public offering (IPO) on the final day of bidding. The IPO offered 593 million equity shares at a price band of Rs 102-108 and received bids for 1.43 billion shares, based on stock exchange data. The subscription breakdown revealed that the qualified institutional buyer category was subscribed 3.32 times,…
Author: PPD Team Date: 03/12/2024 Bharat Petroleum Corporation Limited (BPCL) and Coal India Limited (CIL) signed a non-binding memorandum of understanding (MoU) on December 2, 2024, in Mumbai. The collaboration aims to explore the development of a coal-to-synthetic natural gas (SNG) project using surface coal gasification at Western Coalfields (WCL). Surface coal gasification transforms coal into synthetic natural gas, providing a cleaner alternative to traditional coal-based energy.
Author: PPD Team Date: 19/03/2025 Jakson Green plans to invest up to Rs 86.66 billion over the next four years to expand its renewable energy portfolio. The investment will be financed through a mix of debt and equity as the company strengthens its position in the sector. Originally focused on diesel generator manufacturing, Jakson Green has diversified into renewable energy over the past two years. Its portfolio now includes distributed energy, solar modules and inverters,…
Author: PPD Team Date: 12/02/2025 Bharat Heavy Electricals Ltd (BHEL) has received a letter of intent (LoI) from Damodar Valley Corporation (DVC) for a Rs 62 billion contract related to the steam generator island package for DVC’s 2×660-MW Raghunathpur thermal power station (Phase-II) in Purulia district, West Bengal. The contract was awarded through an international competitive bidding process and includes the supply, erection, testing, and commissioning of steam generators, auxiliaries, electrostatic precipitators (ESP), flue gas…
Author: PPD Team Date: 05/12/2024 Mufin Green Finance has announced plans to finance Rs 5 billion worth of solar projects by 2026, marking its entry into the solar financing sector. The company recently closed its first solar financing deal worth Rs 32.5 million, supporting a rooftop solar installation at a manufacturing facility in Baroda, Gujarat, for a USD 3 billion company. Over the next two years, Mufin Green Finance aims to back 200,000 solar installations,…
Author: PPD Team Date: 02/12/2024 INOX Air Products (INOXAP) has commenced the supply of electronic and speciality gases to ReNew’s first solar photovoltaic (PV) cell manufacturing facility in Dholera, Gujarat. Under a long-term agreement, INOXAP provides critical gases such as nitrous oxide, ammonia, and silane through a logistics system comprising ISO containers and tube trailers owned by INOXAP. The partnership includes a comprehensive gas management solution to ensure reliable distribution and onsite handling, adhering to…
Author: PPD Team Date: 26/11/2024 NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC, received an overall subscription of 2.4 times for its initial public offering (IPO) on the final day of bidding. The IPO offered 593 million equity shares at a price band of Rs 102-108 and received bids for 1.43 billion shares, based on stock exchange data. The subscription breakdown revealed that the qualified institutional buyer category was subscribed 3.32 times,…