Author: PPD Team Date: December 20, 2024
NTPC Green Energy has announced the commencement of operations for its wholly-owned subsidiary, NTPC Renewable Energy’s 150 MW Gujarat solar PV project in Mesanka, Gujarat.
On December 18, 2024, the Gujarat Energy Development Agency issued a certificate confirming the commercial operation of the second part capacity of 30 MW, effective from December 11, 2024.
Author: PPD Team Date: April 25, 2025 Rajesh Power Services Limited (RPSL) has secured three contracts worth Rs 11,160 million for power transmission and distribution projects in Gujarat. The contracts were awarded by a mix of government and institutional clients on April 23, 2025. The work includes: (a) A turnkey contract for supply, installation, testing, and commissioning of 11/22 kV high-tension underground cable and medium voltage covered conductor (MVCC) overhead network. (b) Design, engineering, manufacturing,…
Author: PPD Team Date: November 14, 2025 Inox Wind Limited has received a 100 MW order from a leading green energy transition platform for wind projects planned in Gujarat. The contract includes the supply of 3.3 MW turbines, along with limited EPC services and multi-year operations and maintenance support after commissioning. Chief Executive Officer Sanjeev Agarwal said the company is pleased to add a new customer and expects more orders in the near future. He…
Author: PPD Team Date: January 14, 2026 Power Finance Corporation Limited (PFC) has announced the launch of a public issue of secured, redeemable, non-convertible debentures (NCDs). The issue has a base size of Rs 500 crore, with an option to retain oversubscription of up to Rs 4,500 crore, taking the total tranche size to Rs 5,000 crore. The issue opens on January 16, 2026. The issue is being launched following approvals from the Chairman and…
Author: PPD Team Date: May 14, 2025 Masdar has signed a collaboration agreement with Kazakhstan’s sovereign wealth fund, Samruk-Kazyna, to develop renewable energy and battery energy storage system (BESS) projects in the country. The signing was witnessed by Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and Kazakhstan President Kassym-Jomart Tokayev. The partners plan to launch a ’24/7′ renewable energy initiative to deliver up to 500MW of baseload clean energy, alongside…
Author: PPD Team Date: September 12, 2024 Reliance Industries Ltd is one of four bidders shortlisted for the interstate transmission system (ISTS) project in Gujarat, managed by Jamnagar Transmission Ltd. This marks a potential entry for Reliance into interstate power transmission development. Competing alongside seasoned players Adani Energy Solutions Ltd, Power Grid Corporation of India Ltd, and Sterlite Power, the project is seen as a key development in Gujarat’s power infrastructure. The Jamnagar transmission scheme,…
Author: PPD Team Date: October 28, 2024 JSW Energy reported a consolidated net profit of Rs 8.53 billion for the quarter ended September 2024 (Q2 FY 2025), slightly up from Rs 8.5 billion in the same period last year. The company’s total revenue for Q2 FY 2025 reached Rs 34.59 billion, marking a 2% year-on-year increase. Net generation for the quarter rose by 14% YoY to 9.8 billion units, driven by wind capacity additions and…