Author: Power Peak Digest Team Pub Date: December 18, 2024 Kohlberg Kravis Roberts (KKR) has sold a 2.6 per cent stake in India Grid Trust through an open market transaction, valued at Rs 2.77 billion. KKR’s affiliate, Esoteric II Pte, sold 20.1...

Author: Power Peak Digest Team Pub Date: December 18, 2024 Sterlite Power Limited has raised Rs 7.25 billion in its first primary fundraising since becoming independent. The funds were raised through its global products and solutions business. This...

Author: Power Peak Digest Team Pub Date: December 18, 2024 Waaree Energies Limited has received orders to supply solar photovoltaic (PV) modules for two projects totalling 398 MW. The orders, awarded by a prominent renewable power developer in India...

Author: Power Peak Digest Team Pub Date: December 18, 2024 Shakti Pumps Limited has invested Rs 40 million in its wholly owned subsidiary, Shakti Energy Solutions Private Limited (SESPL), by subscribing to 40 million equity shares with a face value...

Author: Power Peak Digest Team Pub Date: December 17, 2024 GE Power India Limited has received an extended purchase order from Madhya Pradesh Power Generating Company Limited (MPPGCL) to supply boiler parts at the Sanjay Gandhi Power Station. The...

Author: Power Peak Digest Team Pub Date: December 17, 2024 Tamil Nadu Green Energy Corporation Limited (TNGECL) plans to develop 100 MW cumulative wind-solar hybrid power projects in the state. The projects are expected to be set up on a design...

Author: Power Peak Digest Team Pub Date: December 17, 2024 Bharat Heavy Electricals Limited (BHEL) has emerged as the lowest bidder (L1) for the engineering, procurement, and construction (EPC) package of the Amarkantak Thermal Power Expansion...

Author: Power Peak Digest Team Pub Date: December 17, 2024 Sukhbir Agro Energy Limited (SAEL) is planning to establish 1,200 MW of renewable energy (RE) power projects in Andhra Pradesh. The project will be developed in two phases, with each phase...

Author: Power Peak Digest Team Pub Date: December 17, 2024 Surana Technologies Private Limited, a subsidiary of Surana Solar Limited, has signed a power purchase agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL)...

Author: Power Peak Digest Team Pub Date: December 16, 2024 Indus Towers has signed a power purchase agreement (PPA) with JSW Green Energy Eight and announced an investment of Rs 380.3 million.  The agreement includes procuring 130 MW of renewable...

Author: Power Peak Digest Team Pub Date: December 16, 2024 Andhra Pradesh has launched its Sustainable Electric Mobility Policy 4.0 (2024-2029) to establish itself as a global hub for electric vehicle (EV) manufacturing and achieve carbon neutrality...

Author: Power Peak Digest Team Pub Date: December 16, 2024 Shakti Pumps Limited has secured a contract from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply and install 25,000 stand-alone off-grid direct current solar...

Author: Power Peak Digest Team Pub Date: December 16, 2024 Adani Renewable Energy Holding Nine Limited, a subsidiary of Adani Green Energy Limited (AGEL), has established three special purpose vehicles (SPVs) to implement its renewable energy...

Author: Power Peak Digest Team Pub Date: December 16, 2024 G R Infraprojects Limited has received a Letter of Intent (LoI) for the Transmission Scheme to integrate the Bijapur Renewable Energy Zone (REZ) in Karnataka.  The project was awarded through...

Author: Power Peak Digest Team Pub Date: December 16, 2024 Ambuja Cements has commissioned its 200 MW solar power project in Khavda, Gujarat, with transmission starting on December 12, 2024.  The remaining 806 MW capacity is under various...

Author: Power Peak Digest Team Pub Date: December 16, 2024 Power Grid Corporation of India Limited (PGCIL) has received Letters of Intent (LoI) for two major transmission projects.  These include the transmission system under ISTS for evacuating...

Author: Power Peak Digest Team Pub Date: December 13, 2024 Rays Green Energy Manufacturing, a subsidiary of Rays Power Infra, will establish a solar module and cell facility in Madhya Pradesh with a total investment of Rs 14 billion.  The plant will...

Author: Power Peak Digest Team Pub Date: December 13, 2024 Mizoram’s power and electricity minister has introduced a new initiative under the PM-Surya Ghar Muft Bijli Yojana (PM-SGMBY), enabling households to install rooftop solar systems with...

Author: Power Peak Digest Team Pub Date: December 13, 2024 Mumbai-based rooftop solar company SolarSquare has raised $40 million in a Series B funding round led by Lightspeed, with Lightrock also participating.  Existing investors, including...

Author: Power Peak Digest Team Pub Date: December 13, 2024 Tivolt Electric Vehicles Private Limited, a subsidiary of TI Clean Mobility, has partnered with Tata Power Renewable Energy Limited (TPREL) to build an electric vehicle charging ecosystem. ...