PFC promotes Deepak Jain as Executive Director
Author: PPD Team Date: January 20, 2026
Author: PPD Team Date: January 20, 2026
Power Finance Corporation Limited (PFC) has promoted Deepak Jain to the post of Executive Director, effective January 16, 2026, according to a stock exchange filing.
Jain was previously serving as Chief General Manager at PFC and has over 26 years of experience with the power sector lender. His work has covered project financing, deal structuring, policy formulation, resolution of stressed assets, and resource mobilisation.
He holds a bachelor’s degree in engineering from the Delhi Institute of Technology and a Master of Business Administration from the Institute of Management Technology (IMT), Ghaziabad.
PFC stated that the appointment has been classified as a change in senior management, at a level below the board of directors. The company said the move forms part of its ongoing leadership structuring process.
Author: PPD Team Date: October 29, 2025 Ayana Renewable Power Four Private Limited, a subsidiary of Ayana Renewable Power Private Limited and a wholly owned arm of ONGC NTPC Green Private Limited, has commissioned 9.9 MW of wind power capacity in Bhuj, Gujarat. This addition forms part of a larger 92.4 MW wind project and reflects the company’s ongoing efforts to expand its renewable energy footprint across India. The newly commissioned capacity contributes to the…
Author: PPD Team Date: June 11, 2025 Larsen & Toubro’s Power Transmission & Distribution (PT&D) business has won grid infrastructure orders in both domestic and international markets. In India, L&T has been awarded a contract to construct 765kV and 400kV transmission lines in Andhra Pradesh. These lines are critical for integrating a renewable energy zone (REZ) into the national grid. Internationally, the company has secured turnkey orders for 220kV and 132kV gas-insulated substations in the…
Author: PPD Team Date: October 14, 2025 Servotech Renewable Power System Ltd. has received a contract for a 2.58 MW grid-connected rooftop solar project from the South Eastern Railway, Ranchi Division. Under the agreement, Servotech will handle the complete execution of the on-grid rooftop solar PV system, including design, manufacturing, supply, installation, testing, and commissioning across multiple sites in the Ranchi Division. Commenting on the development, Sarika Bhatia, Director of Servotech Renewable Power System Ltd.,…
Author: PPD Team Date: August 1, 2025 The Ministry of New and Renewable Energy (MNRE) has released the first version of its Approved List of Models and Manufacturers (ALMM) List-II for solar photovoltaic (PV) cells, featuring a total listed capacity of 13,066 MW from six manufacturers. Adani Solar leads with 3,832 MW across two units—1,939 MW of bifacial Mono PERC from Mundra Solar Energy and 1,893 MW of bifacial TOPCon cells from Mundra Solar PV….
Author: PPD Team Date: November 10, 2025 The Central Electricity Authority (CEA) has released a proposal outlining how states can monetise their existing intra-state transmission networks. The plan seeks to ease the funding gap of more than Rs 9.16 lakh crore identified in the National Electricity Plan (Transmission) 2032, as over half of India’s transmission capacity addition is expected to take place at the state level. To help states raise capital without increasing fiscal pressure,…
Author: PPD Team Date: October 18, 2024 Rayzon Solar has won a contract to supply 216 MW of high-efficiency photovoltaic (PV) modules to Larsen & Toubro (L&T) for three solar projects across India. The modules will be integral to L&T’s floating solar projects at Panchet and Ramagundam, as well as a ground-based solar project in Bihar.