Author: PPD Team Date: May 21, 2025
The Government of Kerala (GoK) has leased 50 acres of land to Kochi Metro Rail Limited (KMRL) for developing a 12 MW solar power project in Kasargod district. The lease term is 30 years, with an annual rent of Rs 3.205 million.
The solar project will be set up at Ambalathara village in Hosdurg taluk. Power generated from the facility will be used to meet KMRL’s electricity requirements.
Author: PPD Team Date: June 3, 2025 Diamond Power Infrastructure Ltd (DIPL) has entered into a strategic partnership with US-based TS Conductor to introduce next-generation conductor technologies in India. Under the agreement, DIPL will act as TS Conductor’s stranding, marketing, and technology partner for key Indian utilities and EPC contractors. The partnership is aimed at supporting large-scale grid upgrades, reconductoring projects, and renewable energy integration by offering high-efficiency, advanced conductors designed for modern transmission needs….
Author: PPD Team Date: October 22, 2025 Vena Energy India operates 957 MW of renewable assets across the country and is building an additional 59 MW of capacity. Its development pipeline includes about 1.25 GW of solar and wind projects, underscoring steady portfolio growth. The company also manages 752 MWh of battery energy storage systems (BESS) and is developing another 100 MWh. Projects at early to mid stages add 1.46 GW of capacity, positioning the…
Author: PPD Team Date: July 30, 2025 Nxtra by Airtel has signed a new power wheeling deal with AMPIN Energy Transition to source 125.65 MW of hybrid solar-wind power via interstate transmission. The arrangement will add 205,167 megawatt-hours (MWh) of renewable energy to Nxtra’s annual supply. The power will be delivered in two phases through captive hybrid projects connected to the interstate grid, located in Rajasthan and Karnataka. This agreement increases the total contracted renewable…
Author: PPD Team Date: October 28, 2024 Avaana Capital, India’s climate-focused venture capital firm, has infused its Avaana Climate and Sustainability Fund with USD 135 million, supported by prominent institutional investors, including the Green Climate Fund (GCF). Anjali Bansal, partner at Avaana Capital, highlighted the significance of this support, emphasizing the role of innovation in driving climate action and creating long-term impact. The fund aims to build the next generation of climate-first companies across three…
Author: PPD Team Date: January 3, 2025 Indian Railway Finance Corporation (IRFC) has signed a memorandum of understanding (MoU) with the Renewable Energy Management Centre (REMC) to finance renewable energy projects supplying power to Indian Railways. The partnership aims to support renewable energy initiatives and explore financing options for thermal, nuclear, and renewable projects under a captive model. REMC will utilise its expertise to procure cost-effective energy and conduct bids for renewable energy projects aligned…
Author: PPD Team Date: January 6, 2025 Himachal Pradesh Chief Minister Sukhvinder Sukhu announced the installation of a 2 MW solar power plant in Kaza, Lahaul-Spiti district, to enhance power supply in the remote region. The plant will be fully operational soon, with the addition of a 1 MWh battery storage system. The state is focusing on increasing solar energy use to become a “green state.” In addition, 18 MW of solar plants are planned…