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...

Author: PPD Team Date: 28/10/2024 The Ministry of New and Renewable Energy (MNRE) has revised its program to electrify 100,000 households in particularly vulnerable tribal group (PVTG) areas through off-grid solar systems.  The initiative...

Author: PPD Team Date: 28/10/2024 Hindustan Petroleum Corporation (HPCL) has floated a tender seeking the supply of 5,000 tonnes (5 KTPA) of green hydrogen annually for its Visakh Refinery. The tender period is set for 25 years, with the bid...

Author: PPD Team Date: 28/10/2024 NTPC, in partnership with the Indian Army, is set to deploy a solar hydrogen-based microgrid at Chushul, Ladakh, aimed at providing stable, renewable power to off-grid Army locations. The 200 kW microgrid system will...

Author: PPD Team Date: 28/10/2024 The Asian Development Bank (ADB) has approved a $434.25 million loan to support renewable energy initiatives and enhance energy security in Assam.  The project will establish a 500 MW grid-connected solar...

Author: PPD Team Date: 28/10/2024 SJVN Green Energy has issued a tender for the design, engineering, supply, erection, testing, and commissioning of solar projects with a cumulative capacity of 700 MW (100 MWx7 plots) at the Khavda Renewable Energy...

Author: PPD Team Date: 28/10/2024 REC Power Development & Consultancy Ltd (RECPDCL) established a project special purpose vehicle (SPV) named “Ratle Kiru Power Transmission Ltd” on October 23, 2024, as a wholly-owned subsidiary. This SPV will...

Author: PPD Team Date: 28/10/2024 Rajesh Power Services Ltd (RPSL) has filed its draft red herring prospectus (DRHP) with BSE SME for an initial public offering (IPO).  The IPO includes a fresh issue of 2.79 million equity shares, each with a face...

Author: PPD Team Date: 28/10/2024 Power Grid Corporation of India Ltd (PGCIL) has been named the successful bidder for developing a mega Inter-State Transmission System (ISTS) project utilizing HVDC technology.  The project, known as the “Evacuation...

Author: PPD Team Date: 28/10/2024 KEC International has secured new orders worth Rs 11.42 billion across its various business segments: Transmission & Distribution (T&D): Orders for projects in the Middle East and Americas, including a 380 kV...

Author: PPD Team Date: 28/10/2024 Vedanta Group’s Serentica Global has announced plans to develop renewable energy projects totalling 10 GW in Andhra Pradesh.  Company officials shared their plans with Nara Lokesh, the State Minister for...

Author: PPD Team Date: 25/10/2024 Adani Energy Solutions Limited (AESL) has reported a net profit of Rs 7.73 billion for the quarter ending September 2024, marking a 172.18% increase compared to Rs 2.84 billion in the same quarter last year.  The...

Author: PPD Team Date: 25/10/2024 The Rajasthan government has signed a memorandum of understanding (MoU) with the United Arab Emirates (UAE) for an investment of Rs 3 trillion to develop renewable energy projects with a combined capacity of 60 GW in...

Author: PPD Team Date: 25/10/2024 The Ministry of New and Renewable Energy (MNRE) has received approval for a revised solar power scheme under PM JANMAN and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA).  The scheme aims to electrify 100,000...

Author: PPD Team Date: 25/10/2024 Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a letter of intent (LoI) to develop solar power projects with a total capacity of 9 MW under the company’s captive power...

Author: PPD Team Date: 25/10/2024 NLC India Limited (NLCIL) has entered into a joint venture agreement with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to establish a 3×125 MW lignite-based thermal power plant in Rajasthan, along with...

Author: PPD Team Date: 25/10/2024 Atul Greentech, a subsidiary of Atul Auto, has signed an agreement with Exide Energy Solutions (EESL) to source lithium-ion battery packs from EESL’s facility in Prantij, Gujarat. The agreement also includes sourcing...

Author: PPD Team Date: 25/10/2024 Orb Energy has installed an 800-kW rooftop solar system at Esteem Industries in Alonde, Wada, Maharashtra.  The system is set to generate over 1 million units of electricity annually, meeting approximately 80% of...

Author: PPD Team Date: 25/10/2024 Syrma SGS Technology has opened one of its largest integrated electronics manufacturing facilities in Ranjangaon, near Pune, Maharashtra.  Spanning 26.5 acres, the new campus will feature a manufacturing area of 1.20...

Author: PPD Team Date: 25/10/2024 JSW Energy’s step-down subsidiary, JSW Renew Energy Eleven, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 700 MW solar capacity under SECI Tranche XIII. The...