Author: PPD Team Date: 28/02/2025 Greenko Energies Private Limited has signed a Memorandum of Understanding (MoU) with the Government of Assam to develop a 900 MW pumped storage project (PSP) in Karbi Anglong district. The project will require an...
Author: PPD Team Date: 28/02/2025 TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), has secured a contract from the Solar Energy Corporation of India Limited (SECI) to supply 292.5 MWp of Domestic Content Requirement...
Author: PPD Team Date: 28/02/2025 Servotech Renewable Power System Ltd. and the Chamber of Indian Micro, Small & Medium Enterprises (CIMSME) have signed a Memorandum of Understanding (MoU) to promote solar energy adoption across India. Under the...
Author: PPD Team Date: 28/02/2025 Shakti Pumps Limited has invested Rs 600 million in its wholly owned subsidiary, Shakti Electric Vehicle (EV) Mobility Private Limited, by subscribing to 6 million equity shares with a face value of Rs 10 each. Last...
Author: PPD Team Date: 28/02/2025 KP Energy Limited has commissioned a 2.8 MW wind turbine generator (WTG) under its 28.6 MW wind power project at Vagra in Bharuch, Gujarat, on February 22, 2025, marking the full completion of the project. The...
Author: PPD Team Date: 28/02/2025 Adani Green Energy Twenty Six B Limited, a subsidiary of Adani Green Energy Limited (AGEL), has commenced commercial operations for a 67 MW solar power project under the 30,000 MW Khavda Wind-Solar Hybrid Power Park...
Author: PPD Team Date: 28/02/2025 Madhya Pradesh has secured further investments in renewable energy (RE) through new Memorandums of Understanding (MoUs) signed at the Global Investors Summit 2025. At the summit, five companies formalized their...
Author: PPD Team Date: 28/02/2025 Waaree Renewable Energy Technologies Limited has secured a contract from ABREL EPC Limited, a subsidiary of Aditya Birla Renewables Limited, for supplying solar photovoltaic (PV) modules for a 410 MWp solar power...
Author: PPD Team Date: 28/02/2025 Adani Saur Urja (LA) Limited, a subsidiary of Adani Green Energy Limited (AGEL), has received a Letter of Award (LoA) from Uttar Pradesh Power Corporation Limited (UPPCL) for energy storage capacity from the 1,250 MW...
Author: PPD Team Date: 27/02/2025 The Ministry of New and Renewable Energy (MNRE) has proposed a renewable energy financing obligation (REEFO) to ensure dedicated financial support for India’s renewable energy sector. Similar to Renewable Purchase...
Author: PPD Team Date: 27/02/2025 Torrent Green Energy Private Limited (TGEPL), a wholly-owned subsidiary of Torrent Power Limited (TPL), has incorporated five subsidiaries to implement renewable energy (RE) projects in India. The new subsidiaries...
Author: PPD Team Date: 27/02/2025 Gensol Engineering Limited has signed a non-binding term sheet for a Rs 3.5 billion strategic transaction to sell its US subsidiary, Scorpius Trackers, to a major renewable energy solutions provider in the US. The...
Author: PPD Team Date: 27/02/2025 Indian Railway Finance Corporation (IRFC) has sanctioned a rupee term loan of Rs 75 billion to NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Green Energy Limited. In January 2025, NTPC REL invited...
Author: PPD Team Date: 27/02/2025 The Indian Renewable Energy Development Agency Limited (IREDA) has approved plans to raise up to Rs 50 billion through a qualified institutions placement (QIP) of equity shares in multiple tranches. Additionally...
Author: PPD Team Date: 27/02/2025 Jyoti Structures Limited has received a Rs 3.89 billion Notification of Award (NoA) from Adani Energy Solutions Limited (AESL) for the 765 kV DC transmission line 1B of Boisar II-Pune III. The contract includes...
Author: PPD Team Date: 27/02/2025 Adani Group has announced an investment of Rs 500 billion in Assam for airports, aerocities, city gas distribution, power transmission, cement, and road projects. The announcement was made at the Advantage Assam 2.0...
Author: PPD Team Date: 27/02/2025 Power Mech Projects Limited has secured a Rs 1.65 billion contract from Bharat Heavy Electricals Limited (BHEL) for the 2×800 MW Koderma Thermal Power Expansion Project. The contract covers main supply, design and...
Author: PPD Team Date: 27/02/2025 South Eastern Coalfields Limited (SECL), a subsidiary of Coal India Limited, has commissioned a rapid loading system and silos at its Dipka megaproject in Chhattisgarh under the First Mile Connectivity (FMC)...
Author: PPD Team Date: 26/02/2025 Adani Power Limited received a letter of intent (LoI) from the resolution professional to acquire Vidarbha Industries Power Limited (VIPL) on 24 February 2025. The acquisition is subject to the terms of the LoI and...
Author: PPD Team Date: 26/02/2025 Assam Power Generation Corporation Limited (APGCL) and Oil India Limited (OIL) have established a joint venture (JV) named APGCL OIL Green Power Limited to develop renewable energy projects in Assam. The JV will...