Power Sector News Roundup for August 13, 2025
Author: PPD Team Date: August 13, 2025
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Keppel gains full control of Cleantech Solar, eyes $400 million sale
Author: PPD Team Date: October 24, 2025 Singapore-based Keppel Ltd has acquired Shell Plc’s 49% stake in Cleantech Solar for around USD200 million, giving it full ownership of the company. Keppel previously held a 51% stake in the company and is reportedly planning to sell Cleantech Solar in a deal that could be valued at approximately USD400 million. Cleantech Solar, through its holding company Cleantech Renewable Assets Pte. Ltd, manages a 1.2 GW portfolio of…
Continuum Green Energy files DRHP to raise Rs 36.5 billion through IPO
Author: PPD Team Date: December 11, 2024 Continuum Green Energy Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) to raise Rs 36.5 billion. The IPO includes a fresh issue of shares worth Rs 12.5 billion and an offer for sale of Rs 24 billion by the promoter, Continuum Green Energy Holdings Limited. The net proceeds from the fresh issue…
UK and Scottish governments plan clean energy consent reforms
Author: PPD Team Date: October 30, 2024 The UK and Scottish governments have announced a collaborative proposal to reform the consent process for clean energy projects in Scotland. The Department of Energy Security and Net Zero has outlined plans to modernize outdated legislation, aiming to reduce the approval time for large electricity infrastructure projects, which currently can extend up to four years. This initiative seeks to bring Scotland’s approval timeline in line with recent legislative…
Northeast to lead India’s energy future with Rs 4.3 trillion investment interest
Author: PPD Team Date: May 27, 2025 At the Rising North East Investor Summit 2025, energy emerged as a key pillar of India’s development push in the region. Held from May 23–24 in New Delhi and inaugurated by Prime Minister Narendra Modi, the summit saw investment proposals worth Rs 4.3 trillion across multiple sectors, with energy and infrastructure drawing strong interest. Among major commitments, Mukesh Ambani announced Rs 75,000 crore for agriculture, digital services, and…
SBEC commissions 40.5 KWp solar project in Uttar Pradesh
Author: PPD Team Date: September 23, 2024 SBEC Systems (India) has commissioned a 40.5 KWp solar power project at Kumkum Modi Public School in Baraut Rural, Baghpat, operational since 20 September 2024. This follows the company’s earlier commissioning of a 675 KWp solar project at Modi Arc Electrode Company, Modinagar, in July 2024. SBEC Systems, specializing in the sugar and power sectors, provides engineering and consultancy services, including project design, planning, fabrication, erection, and commissioning.
EPTA seeks relaxed ISTS waiver phase-out for ongoing RE projects
Author: PPD Team Date: June 24, 2025 The Electric Power Transmission Association (EPTA) has asked the government to ease the planned phase-out of the interstate transmission system (ISTS) waiver, set to begin on July 1, 2025. EPTA warned that the proposed 25% yearly withdrawal could disrupt projects and raise costs for commercial and industrial (C&I) consumers. It suggested a slower 10% annual phase-out and a milestone-based relief for delayed but advanced projects. The association requested…