Odisha approves 7 renewable energy projects worth Rs 13.86 billion
Author: PPD Team Date: December 12, 2024
Author: PPD Team Date: December 12, 2024
The Odisha government has approved seven renewable energy projects with a combined investment of Rs 13.86 billion to enhance the state’s sustainable energy infrastructure.
The projects, totaling 192.41 MW in capacity, include a 99 MW wind power project, five ground-mounted solar projects totaling 91.77 MW, and a 1.64 MW rooftop solar project.
These initiatives align with the Odisha Renewable Energy Policy 2022, which aims to leverage the state’s natural resources for clean energy generation.
Author: PPD Team Date: October 8, 2025 Corporate purchasers are increasingly driving renewable energy development in the US, according to a report commissioned by the Clean Energy Buyers Association (CEBA). The study found that without voluntary commitments from companies to buy renewable power, many projects would face financing hurdles, limiting the ability to meet growing electricity demand. Virtual power purchase agreements (VPPAs), which allow companies to secure long-term contracts for future electricity at fixed prices,…
Author: PPD Team Date: October 29, 2025 Vikran Engineering Ltd (VEL) has secured a Rs 3.54 billion turnkey EPC contract from Ellume Energy MH SolarOne for a 100 MW AC (120 MW DC) solar power project in Maharashtra. The contract covers complete design, engineering, procurement, construction, installation, testing, and commissioning on a lump-sum turnkey basis. Chairman and Managing Director Rakesh Markhedkar said the order highlights VEL’s growing capacity to deliver large renewable projects and supports…
Author: PPD Team Date: January 22, 2026 Noida is now home to India’s largest dedicated battery energy storage system (BESS) production plant, following the commissioning of GoodEnough Energy’s new 7 GWh capacity gigafactory. The facility represents a capital investment of more than Rs 450 crore and is immediately operational. This initial capacity is part of a broader growth plan, with the company targeting an expansion to over 25 GWh of annual production within a three-year…
Author: PPD Team Date: December 31, 2025 India has accelerated its clean energy expansion, achieving 50 per cent of its installed electricity capacity from non-fossil fuel sources five years before its 2030 target. As of November 2025, renewable energy (RE) capacity stands at 253.96 gigawatts (GW), with a record 44.51 GW added in 2025, according to the MNRE. India’s cumulative non-fossil fuel-based power capacity reached 262.74 GW in November 2025. This includes renewables, large hydro,…
Author: PPD Team Date: January 14, 2026 Indo-Tech Transformers Limited has received a new order valued at Rs 64.99 Crores plus applicable taxes. The company disclosed the development on January 09, 2026, through a regulatory filing. The order was awarded through a Letter of Intent dated January 08, 2026, by Renew Wind Energy (JAMB) Private Limited. Under the contract, Indo-Tech Transformers will manufacture and supply six units of 220 kV 165 MVA power transformers. According…
Author: PPD Team Date: March 5, 2026 Supreme Power Equipment Limited (SPEL) has commenced commercial production at its new transformer manufacturing facility in Kannur, Thiruvallur district, Tamil Nadu. The plant became operational on February 25, 2026. The Kannur facility has an annual manufacturing capacity of 6,000 to 6,500 MVA. It will manufacture transformers rated up to 200 MVA and up to the 220 kV voltage class. With this addition, SPEL’s total transformer manufacturing capacity rises…