Author: PPD Team Date: January 8, 2025
NHPC Limited has resumed construction work on the Parbati Hydro Electric Project Stage-II, which had previously faced roadblocks due to local opposition.
The project, located on the Beas River in Kullu District, Himachal Pradesh, involves establishing an 800 MW capacity and is being developed with an investment of Rs 98.97 billion. It is situated approximately 260 km from Chandigarh.
Author: PPD Team Date: November 6, 2024 ACME Solar launched its initial public offering (IPO) today, November 6, 2024, valued at Rs 30 billion, with a price band of Rs 275 to Rs 289 per equity share. The IPO, open until Friday, November 8, 2024, requires a minimum bid of 51 shares, with additional bids in multiples of 51. The offering includes a fresh issue of Rs 23.95 billion and a sale offer of Rs…
Author: PPD Team Date: August 25, 2025 Neo Group’s flagship infrastructure fund, Neo Infra Income Opportunities Fund (NIIOF), has acquired SolarArise India Projects Pvt. Ltd from ThomasLloyd Energy Impact Trust for an enterprise value of Rs 1,400 crore, according to Mint. The deal adds 433.5 MWp of operational solar assets across Maharashtra, Uttar Pradesh, Madhya Pradesh, Karnataka, and Telangana. NIIOF, a Securities and Exchange Board of India (SEBI) Category II Alternative Investment Fund, said the…
Author: PPD Team Date: February 27, 2025 South Eastern Coalfields Limited (SECL), a subsidiary of Coal India Limited, has commissioned a rapid loading system and silos at its Dipka megaproject in Chhattisgarh under the First Mile Connectivity (FMC) initiative. The facility, which began operations on February 21, 2025, has an annual coal evacuation capacity of 25 million tonnes. It replaces the previous merry-go-round system, which had a capacity of 15 million tonnes per annum….
Author: PPD Team Date: September 25, 2025 China’s carbon emissions may decline by 1.6 billion tonnes by 2030 if 17.5 trillion yuan ($2.5 trillion) in green investment is mobilised over the next five years, according to a research note by China International Capital Corporation (CICC) cited by Bloomberg. CICC projects that China’s emissions will peak at 11.3 billion tonnes in 2028. The country currently accounts for about one-third of global carbon emissions. Beijing is expected…
Author: PPD Team Date: October 27, 2025 Waaree Energies Limited has received new solar module orders totalling 692 MW from domestic and international customers, as per a regulatory filing dated October 24, 2025. The company informed that its domestic division secured three orders of 220 MW, 210 MW, and 140 MW from leading players in India’s renewable energy sector. Its wholly owned subsidiary, Waaree Solar Americas, also received an order for 122 MW from a…
Author: PPD Team Date: May 12, 2025 Adani Group has signed a memorandum of understanding (MoU) with Bhutan’s Druk Green Power Corporation (DGPC) to jointly develop 5 GW of hydropower capacity in Bhutan. This includes ongoing work on the 570/900 megawatt (MW) Wangchhu Hydropower Project. DGPC will hold a 51% majority stake in the projects, while Adani will hold the remaining 49%. Under the agreement, Adani will manage power offtake and integrate the generated power…