Author: PPD Team Date: 13/01/2025
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Author: PPD Team Date: 06/11/2024 Solar Industries India has received an order worth Rs 8.87 billion from Singareni Collieries Company (SCCL) to supply SME explosives, LDC explosives, and initiating systems for overburden blasting over two years. This contract bolsters Solar Industries’ position in the mining explosives market and adds to its order book for the coming two years. SCCL, one of India’s largest coal producers, is a government-owned mining corporation under the Department of Energy,…
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Hindalco commissions EV component plant in Pune
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Solar Industries secures Rs 8.87 billion order from Singareni Collieries
Author: PPD Team Date: 06/11/2024 Solar Industries India has received an order worth Rs 8.87 billion from Singareni Collieries Company (SCCL) to supply SME explosives, LDC explosives, and initiating systems for overburden blasting over two years. This contract bolsters Solar Industries’ position in the mining explosives market and adds to its order book for the coming two years. SCCL, one of India’s largest coal producers, is a government-owned mining corporation under the Department of Energy,…
India issues 11,098 MW in renewable energy tenders, draws $103 mn in October investments
Author: PPD Team Date: 06/11/2024 In October, India’s renewable energy sector surged with 16 new tenders, totalling a capacity of 11,098 MW. Auctions allocated 6,316 MW to various developers, pushing India’s total renewable capacity beyond 200 GW, including large hydro, while total electricity generation capacity reached 452.69 GW. Rajasthan, Gujarat, Tamil Nadu, and Karnataka led in renewable installations. Key tenders included NHPC’s 1,200 MW solar and SECI’s 1,200 MW round-the-clock renewables. NTPC launched a 1,200…
U.S. added 50 GW of solar capacity in 2024
Author: PPD Team Date: 24/02/2025 The U.S. added nearly 50 GW of new solar generating capacity in 2024, according to the 2025 Sustainable Energy in America Factbook, released by the Business Council for Sustainable Energy and BloombergNEF. The record 49 GW of new solar capacity helped meet rising energy demand and replace decommissioned thermal assets. Of this, 39.6 GW came from utility-scale projects, marking a 31.4 per cent year-over-year increase—the highest since 2017. Rooftop solar…
SJVN awards 648 MW RW projects under Tranche-II and III auctions
Author: PPD Team Date: 04/03/2025 SJVN Limited has awarded a total of 648 MW of renewable energy projects under its Tranche-II and Tranche-III auctions. On February 28, 2025, NLC India Limited (NLCIL) secured a Letter of Award (LoA) for developing 200 MW Inter State Transmission System (ISTS)-connected wind power projects under Tranche-II, quoting a tariff of Rs 3.74 per kWh. The project will be implemented on a build, own, and operate (BOO) basis, including a…
Stiesdal Offshore partners with Copenhagen Infrastructure for floating wind sector
Author: PPD Team Date: 28/10/2024 Stiesdal Offshore and Copenhagen Infrastructure Partners (CIP), through its Copenhagen Infrastructure V (CI V) fund, have formed a strategic collaboration to establish Stiesdal Offshore as a leading player in the floating wind sector. As part of this partnership, CI V has acquired a minority stake in Stiesdal Offshore. Stiesdal will provide engineering services and project execution support, focusing on reducing costs, simplifying project execution, and accelerating the growth of floating…
Hindalco commissions EV component plant in Pune
Author: PPD Team Date: 29/04/2025 Hindalco Industries Limited, part of the Aditya Birla Group, has commissioned an electric vehicle (EV) component manufacturing facility in Chakan, Pune. Built at a cost of Rs 5 billion, the plant spans 5 acres and marks Hindalco’s entry into the EV components space. The facility focuses on producing lightweight aluminium battery enclosures, critical for improving EV efficiency and crash resistance. It has an initial annual capacity of 80,000 units, which…
Solar Industries secures Rs 8.87 billion order from Singareni Collieries
Author: PPD Team Date: 06/11/2024 Solar Industries India has received an order worth Rs 8.87 billion from Singareni Collieries Company (SCCL) to supply SME explosives, LDC explosives, and initiating systems for overburden blasting over two years. This contract bolsters Solar Industries’ position in the mining explosives market and adds to its order book for the coming two years. SCCL, one of India’s largest coal producers, is a government-owned mining corporation under the Department of Energy,…
India issues 11,098 MW in renewable energy tenders, draws $103 mn in October investments
Author: PPD Team Date: 06/11/2024 In October, India’s renewable energy sector surged with 16 new tenders, totalling a capacity of 11,098 MW. Auctions allocated 6,316 MW to various developers, pushing India’s total renewable capacity beyond 200 GW, including large hydro, while total electricity generation capacity reached 452.69 GW. Rajasthan, Gujarat, Tamil Nadu, and Karnataka led in renewable installations. Key tenders included NHPC’s 1,200 MW solar and SECI’s 1,200 MW round-the-clock renewables. NTPC launched a 1,200…