Author: PPD Team Date: November 27, 2024
On the third day of the 10th round of commercial coal mine auctions, Orissa Alloy Steel Private Limited secured the partially explored Kerendari-BC North coal block in Jharkhand, which has geological reserves of 600 million tonnes.
The company submitted the highest bid of 23.25% against a reserve price of 4%.
Author: PPD Team Date: July 8, 2025 SJVN Limited has announced the results of its standalone battery energy storage systems (BESS) auction in Uttar Pradesh. The 375 MW/1,500 MWh tender has been awarded to Patel Infrastructure and Enerica Infra 3 (EnerGrid). Patel Infrastructure secured 187.5 MW/750 MWh at a tariff of Rs 359,000 per MW per month. EnerGrid matched the capacity with a slightly higher tariff of Rs 359,999 per MW per month. Viability gap…
Author: PPD Team Date: December 30, 2025 The Ministry of Coal has notified the Colliery Control (Amendment) Rules, 2025, allowing coal company boards to approve the opening of new mines, seams or sections of seams. The change removes the need for prior permission from the Coal Controller’s Organisation (CCO), aiming to speed up coal production while retaining statutory safeguards. The amendment modifies Rule 9 of the Colliery Control Rules, 2004, which earlier required coal and…
Author: PPD Team Date: October 24, 2024 Brookfield Properties will use renewable energy from its solar project in Bikaner, Rajasthan, to provide green power to four of its office campuses in the Delhi-NCR region. This marks the company’s first collaboration in India under the Inter State Transmission System (ISTS) bilateral framework. The initiative will supply 40% of the energy needs for tenants at the Candor TechSpace campuses located in Sector 48 and Sector 21 in…
Author: PPD Team Date: December 24, 2024 Lending to renewable energy (RE) projects in India surged by 63% in 2023, reaching Rs 302.55 billion, compared to the previous year, according to a report by the Centre for Financial Accountability. Solar energy accounted for 49% of the funding, with Rs 148.14 billion directed toward solar projects. Hybrid projects saw a 31% year-on-year increase, attracting Rs 137.73 billion. Only one loan was made for wind energy projects,…
Author: PPD Team Date: November 27, 2025 Vikram Solar has commissioned its Vallam module manufacturing facility in Tamil Nadu, adding 5 GW of new capacity. With this expansion, the company’s total module manufacturing capacity has reached 9.5 GW. The Vallam plant spans 27,000 sq m and is built on TOPCon technology with provisions for HJT upgrades. It supports M10, G12 and G12R formats. The facility uses high levels of automation, including robotics, advanced material handling,…
Author: PPD Team Date: August 13, 2025 Inox Green Energy Services Ltd. has signed an agreement with the renewable energy arm of a large Indian conglomerate for the comprehensive operations and maintenance (O&M) of 182 MW of wind projects in western India. The contract covers conversion of 82 MW from limited-scope to comprehensive O&M, and early renewal of comprehensive O&M for another 100 MW. It will remain in effect for the balance operational life of…