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: June 20, 2025 Three companies—NTPC Limited, Oben Electric, and Avaana Capital—have announced fundraises aligned with infrastructure, clean mobility, and sustainability-linked investments. NTPC raises Rs 40 billion via NCDs NTPC Limited has raised Rs 40 billion through the private placement of unsecured, non-convertible debentures (NCDs). The debentures carry a coupon rate of 6.89 per cent per annum and a tenor of 10 years and 1 day. This is the third issuance under…
Author: PPD Team Date: July 2, 2025 Gujarat Industries Power Corporation Limited (GIPCL) has commissioned 105 MW solar capacity under the 600 MW Khavda Solar PV Project – Phase XVII in Gujarat. The milestone was achieved on June 28, 2025. The project is part of the larger 600 MW solar power development awarded by Gujarat Urja Vikas Nigam Limited (GUVNL). GIPCL had received the Letter of Intent (LoI) on May 16, 2023, after winning the…
Author: PPD Team Date: June 12, 2025 REC Power Distribution Company Limited (REC PDCL) has transferred WRNES Talegaon Power Transmission Limited, a special purpose vehicle (SPV), to Adani Energy Solutions Limited (AESL). The SPV will implement the Western Region Network Expansion Scheme to support pumped storage potential near Talegaon, Pune. REC PDCL invited Request for Proposal (RFP) bids in October 2024 and acted as the bid process coordinator (BPC) for selecting a transmission service provider…
Author: PPD Team Date: February 9, 2026 The India Energy Stack (IES) Taskforce under the Ministry of Power has released Version 0.3 of its strategy and architecture documents, setting out the next phase of work to develop a unified digital public infrastructure for India’s power sector. The IES project is scheduled for completion by July 2026. The IES initiative seeks to create a common digital framework that enables secure data exchange and interoperability among utilities,…
Author: PPD Team Date: December 13, 2024 The Government of Nagaland has unveiled its Intra-State Transmission Plan for 2032 to address a 510 MVA capacity gap in the state’s power infrastructure. The project includes the construction of nine 132/33 kV substations and 476 km of transmission lines. The estimated investment for the initiative stands at Rs 11.5 billion.
Author: PPD Team Date: December 10, 2025 NTPC Green Energy Limited has declared commercial operation for the 6.6 MW wind component of a 100 MW hybrid project in Bhuj, Gujarat. The project is owned by Ayana Renewable Power Four Private Limited, which is part of the NTPC Green Energy Limited group structure. The company issued the update in a regulatory filing dated 10 December 2025. With this unit online, the NTPC Green Energy Limited group’s…