Author: PPD Team Date: December 19, 2024
Kalpataru Projects International Limited (KPIL) has successfully raised Rs 10 billion through a qualified institutional placement (QIP).
The proceeds will be used to strengthen the company’s balance sheet, improve financial flexibility, and support its growth initiatives.
Author: PPD Team Date: August 13, 2025 Adani Energy Solutions Limited (AESL) has incorporated a wholly owned subsidiary named Adani Energy Solutions Step-Sixteen Limited. The new entity has an authorised and paid-up share capital of Rs 1 lakh each and is yet to commence operations. It will operate in the electric utilities sector as a transmission service provider, focusing on transmission, distribution, and supply of electricity, as well as related infrastructure services. AESL has acquired…
Author: PPD Team Date: January 17, 2025 The US Department of Energy’s Loan Programs Office (LPO) has conditionally approved $22.92bn in financing for eight utilities across 12 states under the Energy Infrastructure Reinvestment (EIR) programme. Created by the Inflation Reduction Act, the programme aims to modernize energy infrastructure and reduce emissions. The loans will fund clean generation, transmission upgrades, energy storage, gas pipeline investments, and grid modernization projects. Utilities will benefit from lower financing costs…
Author: PPD Team Date: November 7, 2024 A new report from the International Solar Alliance (ISA) highlights a global increase in sustainable energy investments, rising from $2.4 trillion in 2018 to an expected $3.1 trillion by 2024, with solar energy dominating green investments. Solar alone now accounts for 59 per cent of these investments, primarily due to decreasing technology costs and a surge in support from the Asia-Pacific (APAC) region, which has emerged as the…
Author: PPD Team Date: February 13, 2025 THDC India Limited has commenced commercial operations of Unit I at the Khurja Super Thermal Power Project in Bulandshahr district, Uttar Pradesh. The project, a joint venture between the Union Government and the Government of Uttar Pradesh, involves the development of two units of 660 MW each at an investment of Rs 110.89 billion. THDC declared the commercial operation date (COD) for Unit I as January 26, 2025….
Author: PPD Team Date: December 23, 2025 The Ministry of New and Renewable Energy (MNRE) has issued an Office Memorandum clarifying the applicability of the Approved List of Models and Manufacturers (ALMM) for projects under its Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme. The memorandum, dated December 19, 2025, responds to industry representations seeking clarity on procurement requirements for renewable power projects dedicated to green hydrogen and green ammonia production under SIGHT Mode 2A…
Author: PPD Team Date: January 21, 2025 Photo: The LIBRTI facility: illustration with labels. Credit: United Kingdom Atomic Energy Authority. The UK Atomic Energy Authority (UKAEA) has announced a £200 million ($244 million) investment in the Lithium Breeding Tritium Innovation (LIBRTI) programme, a key part of the broader Fusion Futures project. The programme aims to advance fusion fuel development and strengthen industry capacity through global collaboration. One of its main goals is to demonstrate controlled…