Author: PPD Team Date: November 4, 2024
Prime Minister Narendra Modi inaugurated a 4 MW solar project in Ekta Nagar, Gujarat, valued at Rs 232.6 million.
This initiative is part of ongoing efforts to enhance the Statue of Unity area as an international tourist destination while promoting sustainable energy solutions in the region.
Author: PPD Team Date: June 19, 2025 Jakson Green Renewables, a wholly owned subsidiary of Jakson Power Private Limited, has secured third-party operation and maintenance (O&M) contracts totalling 1 GWp. With this, its solar O&M portfolio has grown to 5 GWp. The new contracts cover four large-scale solar projects across Rajasthan, Chhattisgarh, and Tamil Nadu, with capacities ranging from 75 MWp to 435 MWp. In addition to its O&M expansion, Jakson is among the four…
Author: PPD Team Date: November 28, 2024 NTPC Renewable Energy Limited (NTPC REL), a wholly-owned subsidiary of NTPC Green Energy Limited, has announced the commercial operation of the first part capacity of 55 MW out of the 105 MW Shajapur Solar Project (Unit-1) in Madhya Pradesh. Following successful commissioning, the operation will take effect on November 29, 2024. The Shajapur Solar Project is part of NTPC’s larger renewable energy initiative, with a total capacity of…
Author: PPD Team Date: January 6, 2025 Sterlite Grid 32 Ltd (SGL32) has refinanced its Mumbai Urja Transmission Limited (MUML) project through listed non-convertible debentures (NCDs), its first NCD issuance since its joint venture with GIC of Singapore. The NCDs are rated AA+ stable by CRISIL and were secured by bidders including the National Bank for Financing Infrastructure & Development (NaBFID) and India Infrastructure Finance Company Ltd (IIFCL). The MUML project, won in June 2020…
Author: PPD Team Date: October 21, 2024 India and the US are working together to bolster their critical minerals supply chains, aiming to reduce dependency on China. As part of this effort, the two countries plan to jointly explore third-country sources for securing critical minerals, with India seeking to transform the current Memorandum of Understanding (MoU) into a more comprehensive partnership agreement. Commerce and Industry Minister Piyush Goyal expressed hope that this move could pave…
Author: PPD Team Date: March 6, 2026 UltraTech Cement Limited has acquired a 26% equity stake in AMPIN C&I Power Forty Four Private Limited, a special purpose vehicle (SPV) developing a 45 MWp direct current (DC) / 30 MW alternating current (AC) solar power project with battery storage in Kalahandi district, Odisha. The investment, valued at up to Rs 15.12 crore, is intended to support the company’s renewable energy sourcing and reduce energy costs. According…
Author: PPD Team Date: September 1, 2025 SCC Infrastructure Private Limited and InSolare Energy Limited have won Solar Energy Corporation of India’s (SECI) green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A-Tranche-I). The companies will deliver 15,000 tonnes per annum (TPA) of green ammonia to Mangalore Chemicals and Fertilisers in Karnataka at a tariff of Rs 57.65 per kg. This auction marks the twelfth in SECI’s series of 13 tenders for…