NTPC Green signs MoU with Bihar government for renewable energy
Author: PPD Team Date: December 24, 2024
Author: PPD Team Date: December 24, 2024
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, has signed a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during the “Bihar Business Connect 2024” Global Investors’ Summit in Patna on December 20, 2024.
The MoU was signed by Shri Alok Ranjan Ghosh, Director (Industries), Government of Bihar, and Shri Bimal Gopalachari, Addl. GM (Business Development), NGEL, in the presence of Bihar’s Industries Minister, Shri Nitish Mishra, and other officials from both the Government of Bihar and NTPC.
The MoU outlines plans for significant renewable energy investments in Bihar, including ground-mounted and floating solar installations, battery energy storage systems, and green hydrogen mobility initiatives. The Government of Bihar will support the projects by facilitating necessary approvals and clearances.
Author: PPD Team Date: April 15, 2026 Adani Electricity Mumbai Infrastructure Limited (AEMIL), a subsidiary of Adani Energy Solutions Ltd., and Hitachi Energy have commissioned a 1,000 MW high-voltage direct current (HVDC) transmission link between Kudus and Aarey in Mumbai, increasing the city’s power supply from outside by 50 percent, the companies said on Monday. The project, conceived after the October 2020 Mumbai blackout that exposed gaps in the city’s power infrastructure, comprises a 30-km…
Author: PPD Team Date: June 19, 2025 India’s solar manufacturing capacity is set to expand significantly with new projects announced by Saatvik Solar Industries, Solarium Green Energy, and Ahaan Solar. Saatvik Solar Industries Private Limited, a wholly owned subsidiary of Saatvik Green Energy Limited (SGEL), has begun work on a 4 GW solar photovoltaic (PV) module manufacturing plant in Odisha. This is part of an integrated plan that also includes a 4.8 GW solar cell…
Author: PPD Team Date: September 1, 2025 Reliance Industries Limited (RIL) announced that its New Energy business is advancing with the construction of the Dhirubhai Ambani Giga Energy Complex in Jamnagar. The project is planned as the world’s largest integrated ecosystem for solar, batteries, and green fuels. Executive Director Anant Ambani told shareholders at the company’s 48th Annual General Meeting (AGM) that the ecosystem would cover the entire value chain from raw materials to renewable…
Author: PPD Team Date: January 17, 2025 China is significantly increasing its grid investment to ensure efficient delivery of renewable energy to homes and businesses. According to the National Energy Administration, power transmission spending rose 19% to 529 billion yuan ($72 billion) in the first 11 months of 2023, marking a shift towards grid infrastructure, as reported by Bloomberg. Investment in new power capacity was larger at 866.5 billion yuan, showing a 12% increase. This…
Author: PPD Team Date: December 11, 2024 Five firms have won bids for setting up 2,000 MW Inter-State Transmission System (ISTS) connected solar power projects and 1,000 MW energy storage systems (ESS) under Tranche-XVII of the Solar Energy Corporation of India (SECI), announced on December 9, 2024. The successful bidders and their respective capacities are as follows: Sembcorp Green Infra Private Limited (Sembcorp Energy India Limited) – 150 MW solar and 75 MW ESS at…
Author: PPD Team Date: June 30, 2025 Aseem Infrastructure Finance Limited (AIFL) has raised its first external commercial borrowing and green loan worth $80 million from DBS Bank Limited. The funds will be used to support renewable energy projects across India. DBS Bank acted as the sole mandated lead arranger for the transaction through its IFSC banking unit at GIFT City, Gujarat. It also served as the sole sustainability coordinator, offering structuring support aligned with…