Author: PPD Team Date: January 14, 2025
Lupin Limited has acquired a 42.61% equity stake in Sunsure Solarpark Seventeen Private Limited.
This follows the share subscription and shareholders agreement with Sunsure Solarpark and Sunsure Energy Private Limited, involving an equity investment of Rs 105.53 million, to be executed in two tranches.
Author: PPD Team Date: June 24, 2025 NLC India Renewables Limited (NIRL), a wholly owned arm of NLC India Limited (NLCIL), has secured a 500 MWh Battery Energy Storage System (BESS) project from Tamil Nadu Green Energy Corporation Limited (TNGECL). This is NLCIL’s first large-scale BESS project. The project includes three standalone BESS installations of 250 MW / 500 MWh capacity, to be located at Ottapidaram, Annpankulam, and Kayathar substations in Tamil Nadu. The contract…
Author: PPD Team Date: October 30, 2024 Powerica has secured a 50 MW capacity in the Solar Energy Corporation of India’s (SECI) undersubscribed auction for a 500 MW interstate transmission system (ISTS)-connected wind power project (Tranche-XVII). The company won the allocation at a tariff of Rs 3.81 per kWh. Due to an undersubscription, only 120 MW of the 500 MW was bid, resulting in SECI reducing the total award to 96 MW, per the tender’s…
Author: PPD Team Date: January 20, 2025 The Electrical Research & Development Association (ERDA) has received official approval as a third-party laboratory by KAHRAMAA (Qatar General Electricity and Water Corporation). ERDA’s test reports will now be recognized for the KAHRAMAA distribution network (up to 33kV), covering Low Voltage (LV) Switchgear, Instrument Transformers, Conductors & Accessories, Insulators & Insulating Materials, Earthing Systems, and Insulating Oil. This accreditation positions ERDA as a trusted partner in ensuring the…
Author: PPD Team Date: September 25, 2025 Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Davanagere Power Transmission Limited (DPTL). POWERGRID was declared the successful bidder for the “Transmission system strengthening at Davanagere for integration of renewable energy generation” project under the TBCB route. The company received the Letter of Intent on 27 August 2025. The acquisition of DPTL was finalised on 24 September 2025, with REC Power Development and Consultancy…
Author: PPD Team Date: July 17, 2025 Tripura State Electricity Corporation Limited (TSECL) is preparing to roll out drone-based surveillance across the state to improve power reliability, safety, and operational efficiency, as reported by Northeast News. TSECL Managing Director Biswajit Basu said the drone-based system will support predictive maintenance and rapid fault detection, reducing downtime and improving the stability of Tripura’s power supply. The drones will conduct aerial inspections of transmission towers, conductors, insulators, and…
Author: PPD Team Date: December 11, 2024 Solar tracker provider Nextracker has announced the delivery of its first US-manufactured solar trackers, achieving 100% domestic content value under the Inflation Reduction Act (IRA). This marks a key advancement in localizing the US solar supply chain. The trackers will be used in SB Energy’s 570MW Pelican’s Jaw solar project, which includes 954 megawatt-hours (MWh) of energy storage. The project, under construction by SOLV Energy, highlights the benefits…