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: November 12, 2024 The ACCA’s latest report, Weathering the Storm: Building Resilience Against Climate Disruptions, reveals that most businesses and organizations are ill-prepared for climate-related disasters, with outdated continuity plans that fail to account for the rising frequency of such events. The report shows only 20% of surveyed organizations have identified climate risks across their operations, and just 17% regularly rehearse responses to major disruptions, while 25% lack any resilience-building mechanisms….
Author: PPD Team Date: June 30, 2025 Bondada Engineering Limited has incorporated a new wholly owned subsidiary, GreenBond RE Park Private Limited, to strengthen its presence in the renewable energy sector. The new entity was registered on June 24, 2025, with the Ministry of Corporate Affairs (MCA). It has an authorised and paid-up capital of Rs 100 million. GreenBond RE Park will focus on generating, storing, transmitting, and distributing electricity from both conventional and non-conventional…
Author: PPD Team Date: February 13, 2025 The Small Industries Development Bank of India (SIDBI) and Agence Française de Développement (AFD) have signed a $100 million credit facility agreement aimed at enhancing green finance solutions for micro, small, and medium enterprises (MSMEs) in India. Under the agreement, AFD will provide SIDBI with a $100 million credit line, which will be used to offer MSMEs access to affordable financing for energy-efficient technologies, renewable energy solutions, and…
Author: PPD Team Date: September 10, 2025 Waaree Renewable Technologies Limited (WAAREERTL), a subsidiary of Waaree Energies Limited, has received a Letter of Award (LOA) from Waaree Forever Energies Private Limited (WFEPL) for the execution of an 870 megawatt alternating current (MWac) or 1,218 megawatt peak (MWp) ground-mounted solar power project. The scope of work includes engineering, procurement, and construction (EPC) of the project, along with development of a 33 kilovolt (kV) to 400 kV…
Author: PPD Team Date: October 16, 2024 The Ministry of Power (MoP) has launched the National Electricity Plan for transmission, targeting the transmission of 500 GW of renewable energy by 2030 and over 600 GW by 2032. The plan also addresses the need for 47 GW of battery energy storage systems and 31 GW of pumped storage plants. From 2022-23 to 2031-32, the plan aims to add over 191,000 circuit km of transmission lines and…
Author: PPD Team Date: March 1, 2025 JSW Energy has won a 125 MW/500 MWh standalone battery energy storage system (BESS) auction in Kerala. The project, awarded by the Solar Energy Corporation of India (SECI), will be connected to the Mylatti 220 kV substation in Kasaragod. JSW Energy secured the project at a tariff of Rs 441,000 per MW per month and qualifies for viability gap funding of Rs 2.7 million per MWh or 30…