Author: PPD Team Date: December 18, 2024
Kohlberg Kravis Roberts (KKR) has sold a 2.6 per cent stake in India Grid Trust through an open market transaction, valued at Rs 2.77 billion.
KKR’s affiliate, Esoteric II Pte, sold 20.1 million units at an average price of Rs 138.01 per unit.
Author: PPD Team Date: December 24, 2024 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, has signed a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during the “Bihar Business Connect 2024” Global Investors’ Summit in Patna on December 20, 2024. The MoU was signed by Shri Alok Ranjan Ghosh, Director (Industries), Government of Bihar, and Shri Bimal Gopalachari, Addl. GM (Business Development), NGEL, in the presence of Bihar’s Industries…
Author: PPD Team Date: January 17, 2025 JSW Energy Limited, through its wholly owned subsidiary, has commenced operations of Unit-2 (350 MW) at the Utkal thermal power plant in Odisha. Both units, with a combined capacity of 700 MW, were restored and made fully operational within two years of acquisition. The plant operates on domestic coal but does not currently have long-term power purchase agreements.
Author: PPD Team Date: August 28, 2025 The Board of Directors of Jaiprakash Power Ventures Ltd (JPVL) has reviewed a proposal to develop a 50 MW solar photovoltaic (PV) power plant at its existing 500 MW Jaypee Bina Thermal Power Plant (JBTTP) site in Bina, Madhya Pradesh. The estimated investment for the project is around INR 300 crore. The company, incorporated in 1994, is part of the Jaypee Group and develops, implements, and operates power…
Author: PPD Team Date: January 8, 2025 EMO Energy has secured $6.2 million in its Series A funding round, led by Subhkam Ventures with participation from Transition VC. The funds will be used to scale the company’s advanced battery solutions for electric vehicles (EVs) and energy storage systems. The company plans to deploy its services across 100,000 two- and three-wheeler vehicles over the next two years and roll out 1 GWh of energy storage systems. …
Author: PPD Team Date: April 18, 2025 UltraTech Cement has entered into an agreement with AMPIN Energy Transition to set up a captive solar power project in Rajasthan. The project will be developed at Sindhari village in Balotara. It will have a capacity of 50 MW (75 MWp) and will be executed through AMPIN C&I Power Eight, a special purpose vehicle (SPV) of AMPIN Energy. UltraTech will invest Rs 255 million to acquire a 26…
Author: PPD Team Date: September 22, 2025 The Ministry of New and Renewable Energy (MNRE) has issued an updated Approved List of Models and Manufacturers (ALMM) for solar photovoltaic (PV) modules on 19 September 2025, adding new modules and correcting earlier records. The update includes enlistments for Avaada Energy, Ksolare Energy, FS Green Energies, Loom Solar, Cosmic PV Power, and Rajratan Ventures under a co-branding arrangement with Knack Energy. The modules listed cover bifacial TOPCon…