Author: PPD Team Date: January 2, 2025
Promax Power has secured a Rs 554.3 million contract to design, supply, erect, test, and commission 132/33 kV substations and associated 132 kV bays.
The project includes developing four 132 kV substations with fully equipped control room buildings, installing four 132/33 kV 31.5 MVA transformers, and constructing three 132 kV substation bays.
Author: PPD Team Date: July 31, 2025 Solarium Green Energy Limited has secured two rooftop solar contracts worth approximately Rs 26.6 crore from NTPC Vidyut Vyapar Nigam Limited (NVVN). The work orders, dated 24 July 2025, cover engineering, procurement, and construction (EPC) of grid-connected rooftop solar PV systems across the Northeastern States under the Ministry of Home Affairs. The first order, valued at Rs 12.99 crore, is for a 3,319 kW rooftop solar project under…
Author: PPD Team Date: October 15, 2024 SSE Renewables and FuturEnergy Ireland have submitted a planning application for the 122 MW Cummeennabuddoge wind farm to An Bord Pleanala, Ireland’s national planning authority. The project, located 5km northwest of Ballyvourney on the Cork-Kerry border, aims to power 81,900 homes annually and contribute to Ireland’s clean energy goals. The 17-turbine wind farm could produce 375,000 MWh of electricity per year, displacing 4.5 million tonnes of carbon emissions…
Author: PPD Team Date: January 20, 2025 Indian Renewable Energy Development Agency Ltd. (IREDA) has finalized a joint venture agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA) to develop the 900 MW Upper Karnali Hydroelectric Project in Nepal. The agreement outlines a framework for project development, construction, operation, and maintenance under a Build-Own-Operate-Transfer (BOOT) model. The project will operate for 25 years from the Commercial Operation Date (CoD). The agreement was…
Author: PPD Team Date: November 5, 2024 Suzlon Group reported a net profit of Rs 2 billion for the quarter ending September 2024, marking a 96% increase from Rs 1.02 billion in the same period last year. Total income rose by approximately 48% to Rs 21.21 billion, up from Rs 14.29 billion in the corresponding quarter of the previous year.
Author: PPD Team Date: January 2, 2025 The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Fourth Partner Energy Private Limited (Target) by the International Finance Corporation (IFC), Asian Development Bank (ADB), and DEG – Deutsche Investitions – und Entwicklungsgesellschaft mbH (DEG). The proposed investment totals USD 275 million (approx. INR 22.96 billion), with each entity acquiring a percentage of Target’s share capital through primary subscription and secondary purchase. IFC,…
Author: PPD Team Date: October 15, 2025 Enerica Regrid Infra Private Limited (EnerGrid), launched by IndiGrid, British International Investments, and Norfund, plans to raise USD 450–500 million to scale its greenfield portfolio. The funds will support bids and development of transmission and standalone battery energy storage system (BESS) projects across India. The platform has already secured USD 300 million from its founding partners and is seeking additional capital from global infrastructure funds, with Avendus Capital…