Ministry of Coal issues vesting orders for three commercial coal blocks
Author: PPD Team Date: October 28, 2025
Author: PPD Team Date: October 28, 2025
The Ministry of Coal has issued vesting orders for three coal blocks, Rajgamar Dipside (Deavnara), Tangardihi North, and Mahuagarhi, under the ongoing commercial coal block auction process.
The orders follow the signing of coal mine development and production agreements on August 21, 2025. Of the three blocks, two are partially explored and one is fully explored, with total geological reserves of about 1,484.41 million tonnes and a combined peak rated capacity of around 1 mtpa. The projects are expected to attract investments of nearly Rs 1.5 billion and generate annual revenue of about Rs 1.9 billion.
With this round, vesting and allocation orders have been issued for 130 coal blocks under commercial auctions, representing a cumulative peak rated capacity of 267.24 mtpa and estimated annual revenue of Rs 377 billion. These developments are projected to create about 361,301 direct and indirect jobs.
Author: PPD Team Date: November 22, 2024 ACCIONA Energía has signed an agreement with Endesa for the sale of 100% of Corporación Acciona Hidráulica, S.L., for €1 billion (enterprise value). The debt-free transaction is expected to generate capital gains of €620 million, with completion anticipated in the first half of 2025, pending antitrust and foreign investment approvals. The portfolio includes 34 hydroelectric plants with a total installed capacity of 626 MW, located across Aragón, Navarra,…
Author: PPD Team Date: February 23, 2026 KPI Green Energy Limited has completed a 92.4 MW wind power project for Ayana Renewable Power Four at Nakhatrana in Bhuj, Gujarat. The company disclosed the milestone in a stock exchange filing on Friday, stating that the project has secured approval from the Central Electricity Authority (CEA). The project comprises 28 wind turbine generators. KPI Green Energy handled the entire scope of work. This included balance of plant…
Author: PPD Team Date: November 4, 2024 Genus Power Infrastructures Ltd announced an outstanding order book of Rs 317.76 billion (net of taxes) as of September 30, 2024, including orders from the GIC platform and all company SPVs. This robust order book comprises long-term smart metering concessions of 8-10 years. Commenting on the company’s Q2FY25 performance, Joint Managing Director Jitendra Kumar Agarwal highlighted the strategic advantage provided by this strong order book. Execution is expected…
Author: PPD Team Date: October 25, 2024 The Rajasthan government has signed a memorandum of understanding (MoU) with the United Arab Emirates (UAE) for an investment of Rs 3 trillion to develop renewable energy projects with a combined capacity of 60 GW in solar, wind, and hybrid energy across western Rajasthan. The UAE will appoint a qualified developer to manage project governance and administration, ensuring efficient and swift implementation.
Author: PPD Team Date: January 7, 2025 Vienna-based renewable energy company Renalfa IPP has acquired a 258MWac solar photovoltaic (PV) project in Teleorman, Romania, slated for commercial operation by 2027. The project aims to advance Romania’s decarbonisation goals and strengthen energy security. Renalfa IPP plans to integrate 1,000 megawatt-hours of battery energy storage systems (BESS) with the Teleorman project to enhance grid stability and optimize renewable energy usage. This initiative is expected to support regional…
Author: PPD Team Date: March 18, 2025 Poland’s Ministry of Climate and Environment has finalized its long-awaited energy storage subsidy program to support the deployment of more than 5 GWh of energy storage across the country. The new regulation was published in the Journal of Laws of the Republic of Poland on March 7, setting the stage for the National Fund for Environmental Protection and Water Management to launch the subsidy scheme by the end…