MNRE updates ALMM, adds 1,541 MW solar capacity
Author: PPD Team Date: January 9, 2025
Author: PPD Team Date: January 9, 2025
The Ministry of New and Renewable Energy (MNRE) has updated its approved list of models and manufacturers (ALMM), increasing India’s total solar module manufacturing capacity under the list to 64.56 GW.
The latest update includes two new manufacturers: Indosolar Limited, with an approved capacity of 1,525 MW, and Visaka Industries Limited, with 16 MW. Indosolar will produce bifacial mono-passivated emitter and rear contact (PERC) and bifacial tunnel oxide passivated contact solar modules. Telangana-based Visaka Industries will manufacture mono-PERC-based solar modules.
The revised ALMM lists 97 domestic solar module manufacturers, up from the previous list issued on December 26, 2024. The ALMM mandate ensures that solar projects availing government subsidies use modules from this list.
Author: PPD Team Date: October 15, 2024 Adani Energy Solutions Ltd (AESL) has added over 2,000 circuit kilometers (ckm) to its under-construction power transmission portfolio with three new project wins in Q2 FY25. These projects, totalling 2,059 ckm of transmission lines and 13,500 MVA of substation capacity, bring AESL’s total under-construction portfolio to 5,155 ckm of lines and 35,071 MVA. All three projects are part of interstate transmission system (ISTS) schemes awarded under the tariff-based…
Author: PPD Team Date: June 30, 2025 Power Mech Projects Limited has secured contracts to develop a total of 13.66 MW of grid-connected distributed solar power projects in Bihar. The award was announced on June 26, 2025, by the Bihar State Power Generation Company Limited (BSPGCL). The contracts fall under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, specifically Component C2, which focuses on solarising agricultural and mixed feeders. Three projects will…
Author: PPD Team Date: September 19, 2025 JSW Energy Limited has announced that its subsidiary, JSW Neo Energy Limited, has signed a definitive agreement to acquire Tidong Power Generation Private Limited, which is developing a 150 megawatt (MW) run-of-river hydro project in Himachal Pradesh. The acquisition involves 100 per cent equity purchase from Statkraft IH Holding AS at an enterprise value of Rs 1,728 crore, subject to adjustments outlined in the share purchase agreement. The…
Author: PPD Team Date: December 26, 2024 Waaree Energies Limited has approved plans to establish a 300 MW electrolyser manufacturing facility and a 3.5 GWh lithium-ion Advanced Chemistry Storage Cell production plant. The electrolyser manufacturing project will be implemented under Waaree Clean Energy Solutions, a subsidiary of Waaree Energies, with a capital expenditure (CAPEX) of Rs 5.51 billion and an investment of Rs 2 billion. The project will be developed under the Production-Linked Incentive (PLI)…
Author: PPD Team Date: June 26, 2025 The Government of Assam is pushing ahead with a large-scale infrastructure push across thermal, hydro, and green sectors. The Cabinet has cleared the 3,400 MW Dhubri Thermal Power Project and the 900 MW West Karbi Anglong Pumped Storage Project. A new green investment fund has also been approved. The Dhubri project is planned in Chirakuta Charuwa Bakra, Bilasipara, co-district in Dhubri district. It is expected to attract Rs…
Author: PPD Team Date: May 13, 2025 The Asian Infrastructure Investment Bank (AIIB), Asian Development Bank (ADB), and ASEAN Infrastructure Fund (AIF) have signed a letter of intent to collaborate on ASEAN-related infrastructure projects. The agreement outlines cooperation on high-impact projects, including the ASEAN Power Grid (APG) and ASEAN Catalytic Green Finance Facility (ACGF). The partnership will focus on project origination, co-financing, technical cooperation, and knowledge sharing. It aims to mobilise joint expertise and financial…