Author: PPD Team Date: 28/03/2025 Kerala State Electricity Board (KSEB) has invited bids for two packages under the Dyuthi 2.0 scheme for upgrading the state’s electricity distribution network. The tenders, issued on March 25 and March 28...
Author: PPD Team Date: 28/03/2025 NTPC Limited has commissioned 245 MW of solar power as part of the 735 MW Nokh Ultra Mega Solar Park Project in Jaisalmer, Rajasthan. The project became commercially operational from midnight on March 26, 2025...
Author: PPD Team Date: 28/03/2025 Tamil Nadu Green Energy Corporation Limited (TNGECL) is set to upgrade its renewable energy infrastructure by replacing aging windmills with a new 40 MW wind-solar hybrid power project. The initiative focuses on...
Author: PPD Team Date: 28/03/2025 India’s transition to clean energy and sustainable financing gained momentum today with three significant developments across the solar, electric vehicle (EV), and renewable power sectors. Luminous Power Technologies...
Author: PPD Team Date: 28/03/2025 REC Power Distribution Company Limited (REC PDCL) has transferred Mahan Transmission Limited, a special purpose vehicle (SPV), to Adani Energy Solutions Limited (AESL). The handover, completed on March 26, 2025...
Author: PPD Team Date: 28/03/2025 TPG, a global alternative asset management firm, has agreed to acquire a majority stake in Siemens Gamesa’s onshore wind turbine manufacturing business in India and Sri Lanka. The investment will be made through TPG...
Author: PPD Team Date: 28/03/2025 AMPIN Energy Transition has secured a $50 million equity investment from Siemens Financial Services, the financing arm of Siemens AG. The funding will support AMPIN’s expansion in commercial and industrial (C&I)...
Author: PPD Team Date: 28/03/2025 Syngene International Limited has increased its stake in O2 Renewable Energy Private Limited II from 26 percent to 33.79 percent. This move strengthens Syngene’s renewable energy consumption strategy while ensuring...
Author: PPD Team Date: 28/03/2025 Diamond Power Infrastructure Limited has received multiple Letters of Intent (LoIs) for transmission and cable supply projects in Gujarat. The company secured an LoI worth Rs 231.68 million for the 220 kV D/C Maglana...
Author: PPD Team Date: 28/03/2025 BAJEL Projects Limited (formerly Bajaj Electricals Limited) has received a Notification of Award (NoA) from Madhya Pradesh Power Transmission Company Limited (MPPTCL) for the construction of overhead and underground...
Author: PPD Team Date: 27/03/2025 Kalpataru Projects International Limited (KPIL) and its international subsidiaries have secured new orders worth Rs 23.66 billion. The contracts include transmission and distribution (T&D) projects in India and...
Author: PPD Team Date: 27/03/2025 NHPC Limited has completed the trial run of Unit 2 and 3 at the 800 MW Parbati-II Hydro Electric Project in Himachal Pradesh. The remaining two units are expected to undergo trial runs by March 31, 2025. Once fully...
Author: PPD Team Date: 27/03/2025 Coal India Limited (CIL) and GAIL (India) Limited have joined forces to establish Coal Gas India Limited, a joint venture aimed at developing a coal-to-synthetic natural gas (SNG) project at Eastern Coalfields. The...
Author: PPD Team Date: 27/03/2025 K2 Infragen Limited has won an engineering, procurement, and construction (EPC) contract from KPI Green Energy Limited for the 67.61 MWp capacity under the 300 MW Khavda Solar PV Project – Phase XXI in Gujarat. The...
Author: PPD Team Date: 27/03/2025 Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 2,323 million from Waaree Energies Limited for engineering, procurement, and construction (EPC) works. The contract is for...
Author: PPD Team Date: 27/03/2025 NTPC Renewable Energy Limited, a subsidiary of NTPC Limited, has commissioned its entire 470 MW solar power project in Rajasthan. The final phase, 100 MW from the 320 MW Bhainsara solar project in Jaisalmer, began...
Author: PPD Team Date: 26/03/2025 PFC Consulting Limited (PFCCL) has incorporated two special purpose vehicles (SPVs) for the development of transmission projects in Maharashtra. The SPVs were established on March 21, 2025, to facilitate network...
Author: PPD Team Date: 26/03/2025 REC Power Development & Consultancy Limited (RECPDCL) has transferred four special purpose vehicles (SPVs) to Power Grid Corporation of India Limited (PGCIL) and IndiGrid 2 Private Limited for the development of...
Author: PPD Team Date: 26/03/2025 Indian Renewable Energy Development Agency Limited (IREDA) has raised Rs 9.1 billion through privately placed subordinated Tier-II bonds. The bonds, issued with a 10-year tenure, carry an annual coupon rate of 7.74...
Author: PPD Team Date: 26/03/2025 BluPine Energy has secured Rs 17.87 billion in structured financing from the National Bank for Financing Infrastructure and Development (NaBFID). The funds will be used to optimize financial structuring and support...