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Orient Solar plans capacity expansion to 2 GW by mid-2025

Author: PPD Team Date: 27/11/2024 Orient Solar has announced plans to increase its production capacity from 800 MW to 2 GW by mid-2025.  This expansion involves an investment of Rs 1.30 billion, covering capital expenditure, land, and building...

Insolation Green Energy inks Rs 100 billion MoU with Rajasthan government

Author: PPD Team Date: 27/11/2024 Insolation Green Energy Private Limited, a subsidiary of Insolation Energy Limited, has signed a memorandum of understanding (MoU) with the Rajasthan government during the Rising Rajasthan Global Investment Summit...

APM Terminals Pipavav signs renewable energy deal with CleanMax

Author: PPD Team Date: 27/11/2024 APM Terminals Pipavav has entered a 25-year power purchase agreement (PPA) with Brookfield-backed CleanMax to source renewable energy from a hybrid wind-solar project in Gujarat. The hybrid project includes 3.50 MW...

Premier Energies subsidiaries secure Rs 10.87 billion solar contracts

Author: PPD Team Date: 27/11/2024 Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, subsidiaries of Premier Energies Limited, have secured contracts...

Waaree Energies secures 600 MWp solar module order

Author: PPD Team Date: 26/11/2024 Waaree Energies Limited has secured an order to supply up to 600 MWp of solar photovoltaic (PV) modules to a leading Indian renewable energy developer.  The delivery of these high-efficiency modules is scheduled to...

NTPC Green Energy and MAHAGENCO form JV for renewable energy parks

Author: PPD Team Date: 26/11/2024 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and Maharashtra State Power Generation Company Limited (MAHAGENCO) have established a joint venture company, MAHAGENCO NTPC Green Energy Private Limited...

Siemens reports 45% profit growth in Q4 FY 2024

Author: PPD Team Date: 26/11/2024 Siemens Limited posted strong Q4 FY 2024 financial results, with a 45% increase in profit after tax to Rs 7.75 billion and an 11% revenue rise to Rs 58.94 billion. New orders grew by 37% to Rs 61.64 billion.  For the...

Adani Green Energy establishes new subsidiary for renewable energy projects

Author: PPD Team Date: 26/11/2024 Adani Green Energy Limited (AGEL) has established a new wholly-owned subsidiary, Adani Hydro Energy Five Limited (AHE5L), through its subsidiary Adani Saur Urja (KA) Limited.  Incorporated on November 26, 2024, AHE5L...

NTPC Green signs MoU for 2000 MW renewable energy projects in Chhattisgarh

Author: PPD Team Date: 26/11/2024 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with Chhattisgarh State Power Generation Company Limited (CSPGCL) to develop renewable energy projects...

Solarworld Energy raises Rs 1.1 billion in pre-IPO placement round

Author: PPD Team Date: 26/11/2024 Solarworld Energy Solutions Limited has raised Rs 1.1 billion through a pre-IPO placement, reducing the fresh issue component of its IPO from Rs 5.5 billion to Rs 4.4 billion.  Initially, the company planned to raise...

India rejects $300 billion climate finance deal at COP29 as “unfair” and “stage-managed”

Author: PPD Team Date: 26/11/2024 India has strongly opposed the adoption of a $300 billion annual climate finance package for the Global South by 2035 at the UN climate conference COP29 in Baku, Azerbaijan.  India argued the package is inadequate...

NTPC launches green hydrogen mobility project in Leh

Author: PPD Team Date: 26/11/2024 The Union Minister for Power and Housing and Urban Affairs inaugurated NTPC’s Green Hydrogen Mobility Project in Leh.  It includes a 1.7 MW in-situ solar plant, a green hydrogen filling station with 80 kg/day...

Coal Ministry signs agreements for three coal blocks

Author: PPD Team Date: 26/11/2024 The Ministry of Coal has executed agreements for three fully explored coal blocks, increasing the total number auctioned to 104 since the commencement of commercial coal mining. The Meenakshi and Rampia & Dip...

Waaree Technologies secures order for 530 solar kits from group firm

Author: PPD Team Date: 26/11/2024 Waaree Technologies Limited has received a purchase order from Waaree Renewable Technologies Limited for 530 solar kits, comprising batteries and solar-powered street lights.  The order is scheduled for delivery...

NTPC Green Energy IPO subscribed 2.4 times on final bidding day

Author: PPD Team Date: 26/11/2024 NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC, received an overall subscription of 2.4 times for its initial public offering (IPO) on the final day of bidding. The IPO offered 593 million equity...

TotalEnergies halts new investments in Adani Group amid corruption allegations

Author: PPD Team Date: 26/11/2024 French energy company TotalEnergies has suspended new financial contributions to the Adani Group following indictments of Adani Group executives by US authorities over alleged corruption linked to Adani Green Energy...

Rajesh Power Services IPO launched at Rs 1.61 billion valuation

Author: PPD Team Date: 26/11/2024 Rajesh Power Services Limited has launched its initial public offering (IPO), open for subscription until November 27, 2024.  The IPO is valued at Rs 1.61 billion, with a price band of Rs 319 to Rs 335 per equity...

PGCIL secures LoI for Rajasthan IV 4A power transmission scheme

Author: PPD Team Date: 26/11/2024 Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent (LoI) for developing the ISTS-TBCB scheme under “Rajasthan IV 4A Power Transmission Ltd.”  The LoI, issued on November 25, 2024, pertains...

CCEA approves Rs 36.89 billion for two hydropower projects in Arunachal Pradesh

Author: PPD Team Date: 26/11/2024 The Cabinet Committee on Economic Affairs (CCEA) has approved an investment of Rs 36.89 billion for two hydropower projects in Arunachal Pradesh to enhance the region’s power supply and support the national grid. ...

BHEL awards contract for Kodayar Power House renovation

Author: PPD Team Date: 26/11/2024 Bharat Heavy Electricals Limited (BHEL) has awarded a Rs 52.28 million contract to  PK Unique Projects Pvt. Ltd., Chennai, for civil, structural, and architectural works, including supply, as part of the renovation...

Recent Posts

India’s first indigenous geothermal power plant to be built in Arunachal

Author: PPD Team Date: 23/07/2025 India’s first fully indigenous geothermal power project will be...

Chandigarh races ahead in solar push with new 4 MWp floating plant

Author: PPD Team Date: 23/07/2025 The Chandigarh Administration is expanding its use of floating...

Centre explores battery storage for thermal power to offset renewable volatility

Author: PPD Team Date: 23/07/2025 The power ministry is examining the use of battery energy storage...

DPE approves leaner board structure for THDC and NEEPCO

Author: PPD Team Date: 23/07/2025 The Department of Public Enterprises (DPE) has approved a...

NTPC REL signs MoU with GEDA for 300 MW RE projects

Author: PPD Team Date: 23/07/2025 NTPC Renewable Energy Limited (NTPC REL) has signed a Memorandum...

Tata Power’s Mundra plant shut since July 1 amid tariff uncertainty

Author: PPD Team Date: 23/07/2025 All five units of Tata Power’s Mundra power plant have remained...

Power Sector News Roundup for July 22, 2025

Author: PPD Team Date: 22/07/2025 Global Digital growth must not outpace sustainability goals, says...

Digital growth must not outpace sustainability goals, says Qatar-backed report

Author: PPD Team Date: 22/07/2025 A report backed by Invest Qatar and Iberdrola Innovation Middle...

Kerala rooftop solar users demand withdrawal of 2025 draft regulations

Author: PPD Team Date: 22/07/2025 The Kerala Domestic Solar Prosumers Community (KDSPC) has called...

Patel Engineering wins Rs 240 crore NHPC contract for Teesta-V hydro project

Author: PPD Team Date: 22/07/2025 Patel Engineering Ltd. has secured a Rs 239.98 crore contract from...