Author: PPD Team Date: December 13, 2024
The Government of Nagaland has unveiled its Intra-State Transmission Plan for 2032 to address a 510 MVA capacity gap in the state’s power infrastructure.
The project includes the construction of nine 132/33 kV substations and 476 km of transmission lines. The estimated investment for the initiative stands at Rs 11.5 billion.
Author: PPD Team Date: December 24, 2024 Reliance Industries, led by Mukesh Ambani, has acquired a 26% stake in Gautam Adani’s Mahan Energen Ltd (MEL), a subsidiary of Adani Power Ltd, as part of a deal to secure 500 MW of electricity for captive use. Reliance will invest Rs 500 million equity shares of MEL, at a face value of Rs 10 per share. The agreement includes a 20-year Power Purchase Agreement (PPA) under the…
Author: PPD Team Date: February 10, 2026 Premier Energies Limited has approved the formation of a new joint venture focused on renewable energy engineering, procurement, and construction (EPC) projects. The decisions were taken at a meeting of the Board of Directors held on February 9, 2026. The board cleared an investment in HeliosAnthos Energies Private Limited to form a 51:49 joint venture with BA Prerna Renewables Private Limited. The proposed joint venture will execute EPC…
Author: PPD Team Date: April 25, 2025 CleanMax Enviro Energy Solutions Private Limited has commissioned a wind-solar hybrid power project in Jagalur, Karnataka to supply electricity to the India campus of Cisco Systems, Inc. The project combines 69 MWp of solar and 23.1 MW of wind capacity, making up a 92.1 MW hybrid system. It is part of a larger 151 MW open-access, grid-connected renewable energy project. The project generates 57 million units of electricity…
Author: PPD Team Date: November 14, 2024 The Ministry of Mines has signed a memorandum of understanding (MoU) with the International Energy Agency (IEA) to advance cooperation in critical minerals. This agreement, recently approved by the Cabinet, will grant India access to IEA’s data, analysis, and policy recommendations, aiding in refining policies, regulations, and investment strategies to align with global standards. The collaboration is expected to enhance India’s technical capabilities and institutional strength in the…
Author: PPD Team Date: February 13, 2025 Punjab State Power Corporation Limited (PSPCL) has issued Letters of Award (LoAs) to five firms for developing a total of 31.37 MW grid-connected rooftop solar photovoltaic (PV) projects under the capital expenditure (CAPEX) model. The projects will be installed across various locations in Punjab. Sugs Lloyd Private Limited secured contracts for multiple packages, including 5.113 MW on 199 buildings in Jalandhar (Rs 207.09 million), 3.019 MW on 92…
Author: PPD Team Date: August 20, 2025 Waaree Energies has responded to reports on the possible collapse of its planned acquisition of Enel Green Power India, stating that the agreement remains under discussion. In a filing dated 19 August 2025, the company said it had signed a Share Purchase Agreement on 10 January 2025 with Enel Green Power Development S.r.l for the purchase of Enel Green Power India Private Limited. Waaree noted that while the…