Author: PPD Team Date: 12/12/2024 INOXGFL Group has launched Inox Solar to venture into solar manufacturing, targeting an initial capacity of five GW for solar modules and 2.5 GW for solar cells by 2026. The promoters plan to invest Rs 15 billion in...
Author: PPD Team Date: 11/12/2024 Power Grid Corporation of India Limited (PGCIL) has commissioned the “Augmentation of ISTS for Interconnection of HVPNL Transmission Schemes,” effective 6th October 2024, with the Notification for...
Author: PPD Team Date: 11/12/2024 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the granting of Terms of Reference (ToR) for the 1,200 MW Sikaser Open Loop Pumped Storage...
Author: PPD Team Date: 11/12/2024 The Government of Rajasthan (GoR) has signed an agreement with BrightKnight to establish wind-solar hybrid power projects in the state. As part of the agreement, BrightKnight has committed to investing Rs 150...
Author: PPD Team Date: 11/12/2024 Martial Solren, a wholly-owned subsidiary of Mahindra Susten, has achieved financial closure for its 400 MW/560 MWp solar power projects in Gujarat and Rajasthan. The company secured a Rs14.48 billion loan from HDFC...
Author: PPD Team Date: 11/12/2024 Juniper Green Energy has signed an agreement with First Solar to procure 1 GW of advanced Series 7 FT1 cadmium telluride (CdTe) thin-film photovoltaic (PV) modules. The modules will be supplied over two years and...
Author: PPD Team Date: 11/12/2024 Five firms have won bids for setting up 2,000 MW Inter-State Transmission System (ISTS) connected solar power projects and 1,000 MW energy storage systems (ESS) under Tranche-XVII of the Solar Energy Corporation of...
Author: PPD Team Date: 11/12/2024 The National Committee on Transmission (NCT), in its 25th meeting, recommended the tariff-based competitive bidding (TBCB) route with PFC Consulting Limited (PFCCL) as the bid process coordinator (BPC) for the...
Author: PPD Team Date: 11/12/2024 The Competition Commission of India (CCI) has recently approved the acquisition of thyssenkrupp Electrical Steel India Pvt Ltd (thyssenkrupp India) by Jsquare Electrical Steel Nashik Pvt Ltd (JSquare). JSquare, a...
Author: PPD Team Date: 11/12/2024 The Maharashtra Electricity Regulatory Commission (MERC) and Global Energy Alliance for People and Planet (GEAPP) have signed a Statement of Intent (SoI) to support Maharashtra’s energy transition through regulatory...
Author: PPD Team Date: 11/12/2024 The National Committee on Transmission (NCT) has approved the implementation of “Transmission system strengthening to facilitate evacuation of power from Bhadla/Bikaner complex.” The scheme was initially approved...
Author: PPD Team Date: 11/12/2024 Waaree Renewable Energy Technologies Limited has won bids to set up a 170 MW capacity under Unit-III of the Neemuch Solar Power Park Project in Madhya Pradesh. The company quoted a tariff of Rs 2.15 per kWh for the...
Author: PPD Team Date: 11/12/2024 Teerth Gopicon Private Limited has received a Letter of Award (LoA) worth Rs 2.37 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to set up 37 MW of rooftop solar photovoltaic (PV) power projects...
Author: PPD Team Date: 11/12/2024 GE Vernova T&D India Limited has secured an order from Sterlite Power for the supply and supervision of 765 kV power transformers and reactors for the Khavda project. The contract, valued at approximately Rs 4...
Author: PPD Team Date: 11/12/2024 Continuum Green Energy Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) to raise Rs 36.5 billion. The IPO includes a...
Author: PPD Team Date: 11/12/2024 Japan has identified manufacturing and renewable energy, particularly solar energy, as key sectors for collaboration with Rajasthan. This focus was highlighted during the Japan Country Session titled “Versatility of...
Author: PPD Team Date: 11/12/2024 The Central government has approved the development of a 2,000 MW solar park in Rajasthan, with 30 per cent central financial assistance. The project will be developed by Rajasthan Solar Development Corporation...
Author: PPD Team Date: 11/12/2024 Serentica Renewables India Private Limited (SRIPL) has announced plans to set up 10,000 MW of renewable energy projects in Rajasthan. The company intends to invest Rs 500 billion in the state, as part of the “Rising...
Author: PPD Team Date: 11/12/2024 Adani Group has announced plans to invest over Rs 7 trillion in Rajasthan across multiple sectors, including renewable energy. The investment includes developing 100 GW of renewable energy capacity, aiming to create...
Author: PPD Team Date: 11/12/2024 Avaada Group has pledged an investment of Rs 1 trillion to transform Rajasthan into the world’s largest renewable energy hub. This initiative aims to drive green manufacturing, create millions of jobs, and...