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: July 25, 2025 BNC Power Projects Limited has secured a Rs 4.29 billion engineering, procurement and construction (EPC) contract from Rajasthan Solarpark Development Company Limited. The contract is for infrastructure development at the upcoming 2,450 MW solar park in Pugal, Bikaner. The scope of work includes setting up a 400/132 kV air-insulated substation (AIS) with four 315 MVA transformers. BNC will also construct two 132/33 kV AIS substations with twelve 100…
Author: PPD Team Date: February 4, 2025 Telangana has announced plans to invest in hydroelectric projects outside its state, starting with Himachal Pradesh, as part of its green energy push. Telangana’s Deputy Chief Minister and Energy Minister Mallu Bhatti Vikramarka, along with energy officials, held discussions with Himachal Pradesh CM Sukhvinder Singh Sukhu in Delhi regarding the state’s interest in hydro projects under the build, own, operate, and transfer (BOOT) model. Himachal Pradesh has invited…
Author: PPD Team Date: January 2, 2025 The Central Electricity Regulatory Commission (CERC) has granted a transmission licence to Khavda IV A Power Transmission Ltd, a subsidiary of Adani Energy Solutions Ltd (AESL). The licence, effective for 25 years unless revoked earlier, covers the development of an interstate transmission system (ISTS) for the evacuation of power from a renewable energy zone in Gujarat’s Khavda area. The project, known as the “Transmission system for evacuation of…
Author: PPD Team Date: April 15, 2025 On April 15, 2025, Serentica Renewables India Private Limited (SRIPL) signed a 25-year power purchase agreement (PPA) with NTPC Limited for the development of a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project. The project is part of NTPC’s Tranche-II FDRE auction and will be connected to the Inter-State Transmission System (ISTS). The agreement follows Serentica Renewables’ success in securing the 200 MW FDRE capacity under NTPC’s…
Author: PPD Team Date: January 3, 2025 The Welsh Government has awarded £10m in grants to 32 local green energy projects as part of the Ynni Cymru (Energy Wales) scheme. The funding supports community-owned renewable energy and smart local energy systems (SLES), which integrate various energy assets to enhance efficiency. The selected projects include solar panels, battery storage, heat pumps, and electric vehicle charging points. The funding aims to promote smarter energy usage across schools,…
Author: PPD Team Date: December 26, 2024 Six companies have won bids to set up a total of 816 MW capacity under the 1,200 MW ISTS-Connected Solar Power Project (NTPC-02) anywhere in India, as announced on December 23, 2024. Bharat Petroleum Corporation Limited (BPCL) won 150 MW with a tariff of Rs 2.55 per kWh. Onward Solar Power Private Limited secured 50 MW with a tariff of Rs 2.59 per kWh. ReNew Solar Power Private…