Author: PPD Team Date: December 20, 2024
KPI Green Energy has signed a memorandum of understanding (MoU) with the Rajasthan government to develop hybrid renewable energy projects, including solar and wind power, in Jaisalmer (Ramgarh).
The MoU outlines government support for facilitating necessary permissions and clearances for project development, in line with the state’s existing policies and regulations.Â
Author: PPD Team Date: January 21, 2026 Rajgarh III Power Transmission Limited, a project-specific special purpose vehicle (SPV), has been struck off the Register of Companies, effective January 20, 2026. The entity was a wholly owned subsidiary of REC Power Development and Consultancy Limited (RECPDCL), which in turn is a subsidiary of REC Limited. The dissolution follows a decision announced by REC in June 2025 to consolidate two transmission projects in Madhya Pradesh. Rajgarh III…
Author: PPD Team Date: May 7, 2025 The Cabinet of Assam has approved the release of Rs 2.44 billion for land acquisition to upgrade the 220 kV grid substation of Assam Electricity Grid Corporation Limited (AEGCL) at Sarusajai in Guwahati. This move is part of Assam’s effort to strengthen its transmission infrastructure and support growing industrial demand. The substation renovation is expected to improve grid reliability and accommodate future load growth in the region. In…
Author: PPD Team Date: September 21, 2024 Lupin Limited has signed a share subscription and shareholders agreement with Sunsure Solarpark Seventeen Private Limited and Sunsure Energy Private Limited to acquire up to 42.61% of Sunsure Solarpark’s shares through an investment of Rs 105.53 million, completed in two stages. This investment will allow Lupin to source renewable energy for its Tarapur manufacturing site, reducing power costs and advancing its decarbonization goals. The transaction is expected to…
Author: PPD Team Date: July 22, 2025 The Hydro Power Development Corporation of Arunachal Pradesh Limited (HPDCAPL) has secured carbon credits for its 3 MW small hydro project in Zemithang, Tawang district. As reported by The Economic Times, the project has earned 16,326 tonnes of carbon credits as of mid-2023, with a cumulative target of 97,783 tonnes by 2028. This marks HPDCAPL’s first carbon monetisation effort. The milestone follows a memorandum of understanding signed on…
Author: PPD Team Date: March 31, 2025 The Madras High Court has struck down additional network charges imposed on rooftop solar power used for captive consumption. This ruling is expected to ease costs for industrial consumers and boost solar energy adoption in Tamil Nadu. The case involved 22 petitions, including one from the South India Spinners Association, challenging charges levied by Tamil Nadu Generation and Distribution Corporation (Tangedco), now Tamil Nadu Power Distribution Corporation Limited…
Author: PPD Team Date: March 9, 2026 Premier Energies Limited has completed the acquisition of equity shares in HeliosAnthos Energies Private Limited, following its investment to establish a joint venture with BA Prerna Renewables Private Limited. The company acquired 1,045,550 equity shares of HeliosAnthos Energies Private Limited for a consideration of Rs 10,455,500. The shares were issued on a preferential basis through a private placement. With this transaction, HeliosAnthos Energies Private Limited has become a…