Author: PPD Team Date: 07/01/2025
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has partnered with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to create a joint venture (JV) for renewable energy parks and projects.
NGEL holds a 51% stake, subscribing to 51,000 equity shares at Rs 10 each, while UPRVUNL retains 49%.
The JV will focus on the development, operation, and maintenance of renewable energy projects, contributing to India’s green energy transition.
Author: PPD Team Date: 22/10/2024 The Ministry of New and Renewable Energy (MNRE) has issued an expression of interest (EoI) to expand the network of vendors under the PM-Surya Ghar: Muft Bijli Yojana. The initiative aims to accelerate the deployment of residential rooftop solar systems by increasing the vendor network from the current 8,000 to 25,000. REC Limited’s vendor management division will provide support through weekly interactions, dedicated email assistance, and capacity-building programs to enhance…
Author: PPD Team Date: 19/02/2025 Alpex Solar has won a Rs 450 million order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply 2,000 solar-powered water pumps under the Magel Tyala Saur Krushi Pump scheme. The pumps will be manufactured at Alpex Solar’s facility in Greater Noida, which has recently expanded to a 1,200 MW capacity. Founded in 1993, Alpex initially specialized in the international trade of synthetic yarns and knitting machinery components before…
Author: PPD Team Date: 21/11/2024 Ofgem has launched a consultation on a proposed Advanced Procurement Mechanism (APM) that aims to invest between £5 billion and £8 billion to help Britain’s energy transmission owners reduce delays, control costs, and attract global investment in the transition to net zero. The consultation runs until December 18, 2024. The APM will allow transmission owners to procure essential equipment such as switchgear, cables, and steel years in advance, often before…
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 Rajasthan Summit 2024,” to develop its renewable energy capacity.
Author: PPD Team Date: 25/04/2025 Bharat Petroleum Corporation Limited (BPCL) and GPS Renewables Private Limited have formed a joint venture (JV) to build 8-10 compressed biogas (CBG) plants in several Indian states, including Bihar, Odisha, Punjab, Uttar Pradesh, and West Bengal. The JV aims to convert organic biomass waste into CBG, contributing to renewable energy goals and promoting waste-to-energy technology. The partnership plans to establish CBG production facilities using organic biomass, including agricultural and other…
Author: PPD Team Date: 19/09/2024 Several solar and wind projects in South Africa will receive €400 million through a joint initiative between the European Investment Bank (EIB) and South Africa’s FirstRand Bank. The investment, with each party contributing €200 million, aims to enhance private sector energy generation, boost energy security, and mitigate power cuts. The funding aligns with Europe’s Global Gateway strategy, which targets €100 billion in sustainable infrastructure investments by 2027. This initiative supports…
Author: PPD Team Date: 22/10/2024 The Ministry of New and Renewable Energy (MNRE) has issued an expression of interest (EoI) to expand the network of vendors under the PM-Surya Ghar: Muft Bijli Yojana. The initiative aims to accelerate the deployment of residential rooftop solar systems by increasing the vendor network from the current 8,000 to 25,000. REC Limited’s vendor management division will provide support through weekly interactions, dedicated email assistance, and capacity-building programs to enhance…
Author: PPD Team Date: 19/02/2025 Alpex Solar has won a Rs 450 million order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply 2,000 solar-powered water pumps under the Magel Tyala Saur Krushi Pump scheme. The pumps will be manufactured at Alpex Solar’s facility in Greater Noida, which has recently expanded to a 1,200 MW capacity. Founded in 1993, Alpex initially specialized in the international trade of synthetic yarns and knitting machinery components before…
Author: PPD Team Date: 21/11/2024 Ofgem has launched a consultation on a proposed Advanced Procurement Mechanism (APM) that aims to invest between £5 billion and £8 billion to help Britain’s energy transmission owners reduce delays, control costs, and attract global investment in the transition to net zero. The consultation runs until December 18, 2024. The APM will allow transmission owners to procure essential equipment such as switchgear, cables, and steel years in advance, often before…
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 Rajasthan Summit 2024,” to develop its renewable energy capacity.
Author: PPD Team Date: 25/04/2025 Bharat Petroleum Corporation Limited (BPCL) and GPS Renewables Private Limited have formed a joint venture (JV) to build 8-10 compressed biogas (CBG) plants in several Indian states, including Bihar, Odisha, Punjab, Uttar Pradesh, and West Bengal. The JV aims to convert organic biomass waste into CBG, contributing to renewable energy goals and promoting waste-to-energy technology. The partnership plans to establish CBG production facilities using organic biomass, including agricultural and other…
Author: PPD Team Date: 19/09/2024 Several solar and wind projects in South Africa will receive €400 million through a joint initiative between the European Investment Bank (EIB) and South Africa’s FirstRand Bank. The investment, with each party contributing €200 million, aims to enhance private sector energy generation, boost energy security, and mitigate power cuts. The funding aligns with Europe’s Global Gateway strategy, which targets €100 billion in sustainable infrastructure investments by 2027. This initiative supports…
Author: PPD Team Date: 22/10/2024 The Ministry of New and Renewable Energy (MNRE) has issued an expression of interest (EoI) to expand the network of vendors under the PM-Surya Ghar: Muft Bijli Yojana. The initiative aims to accelerate the deployment of residential rooftop solar systems by increasing the vendor network from the current 8,000 to 25,000. REC Limited’s vendor management division will provide support through weekly interactions, dedicated email assistance, and capacity-building programs to enhance…
Author: PPD Team Date: 19/02/2025 Alpex Solar has won a Rs 450 million order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply 2,000 solar-powered water pumps under the Magel Tyala Saur Krushi Pump scheme. The pumps will be manufactured at Alpex Solar’s facility in Greater Noida, which has recently expanded to a 1,200 MW capacity. Founded in 1993, Alpex initially specialized in the international trade of synthetic yarns and knitting machinery components before…