Author: PPD Team Date: 20/12/2024
Maharashtra State Power Generation Company Limited (MSPGCL) has abandoned the Dondaicha Coal Based Power Project.
The project, planned to have a capacity of 5×660 MW near Vikharan, Methi, and Varjhadi villages in Dhule district, Maharashtra, was set to be built at an investment of Rs 215.77 billion.
Author: PPD Team Date: 29/01/2025 Avaada Group has signed a memorandum of understanding (MoU) with the Odisha government to invest Rs 207 billion in renewable energy projects. The investment will support the development of 1,500 MW of floating solar projects, two 1,000 MW Pumped Storage Projects (PSP), and green energy equipment manufacturing units. The agreement was formalized at the Make in Odisha Conclave 2025, attended by Chief Minister Mohan Charan Majhi. The event, inaugurated by…
Author: PPD Team Date: 14/02/2025 CDIL Semiconductors has introduced India’s first domestically manufactured solar bypass diodes, designed to enhance solar panel efficiency and longevity. These diodes, produced at CDIL’s Mohali facility in Punjab, aim to reduce reliance on imports while improving performance in India’s extreme weather conditions. The diodes feature a low forward voltage drop and high thermal stability, making them a cost-effective alternative to imported components. Manufactured using advanced automation techniques, they are expected…
Author: PPD Team Date: 04/12/2024 Adani Saur Urja (KA) Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated Adani Hydro Energy Four Limited (AHE4L) for renewable energy projects. AHE4L’s mandate includes the generation, development, distribution, transmission, and sale of electrical energy derived from wind, solar, and other renewable sources. In the previous week, AGEL, through Adani Saur Urja (KA) Limited, established four subsidiaries: Adani Hydro Energy One Limited (AHE1L), Adani Hydro Energy…
Author: PPD Team Date: 14/02/2025 Sterlite Power has won new orders worth Rs 22.5 billion and secured L1 positions for orders worth Rs 6.5 billion in Q3 FY25, marking its highest order book in the current financial year. These orders span across its Global Products and Services (GPS) business, covering high-performance conductors, Optical Ground Wire (OPGW), power cables, and specialized Engineering, Procurement, and Construction (EPC) services. The company also exports high-performance green products to markets…
Author: PPD Team Date: 06/01/2025 Union Home Minister and Minister of Cooperation, Shri Amit Shah, chaired the 7th meeting of the Island Development Agency (IDA) in New Delhi. The meeting focused on the progress of development initiatives in the Andaman and Nicobar Islands and Lakshadweep. Shri Shah emphasized the importance of solar and wind energy projects in the islands, aiming for 100% renewable energy generation. He directed the Ministry of New and Renewable Energy (MNRE)…
Author: PPD Team Date: 03/01/2025 Northleaf Capital Partners has sold its majority stake in the 494 megawatts peak (MWp) Mula photovoltaic solar plant in Murcia, Spain, to China Three Gorges Spain, a subsidiary of the China Three Gorges Corporation. The deal, executed with minority partner Qualitas Energy, includes the sale of a 100% equity interest and is part of Northleaf’s value creation plan, yielding significant cash returns to investors. Mula Solar, one of Europe’s largest…