Author: PPD Team Date: December 11, 2024
The Central government has approved the development of a 2,000 MW solar park in Rajasthan, with 30 per cent central financial assistance. The project will be developed by Rajasthan Solar Development Corporation.
Rajasthan currently has an installed renewable energy capacity of 30.31 GW, with solar power contributing 24.55 GW.
Author: PPD Team Date: January 6, 2026 Indian Energy Exchange Limited (IEX) has released its operational performance metrics for the nine months ending December 2025 (9MFY’26), the third quarter of fiscal year 2026 (Q3FY’26), and the month of December 2025. The data indicates consistent growth in traded volumes across several key market segments, alongside a general moderation in average clearing prices year-on-year. Overall Performance Highlights For the first nine months of FY’26, IEX reported a…
Author: PPD Team Date: January 15, 2026 Larsen and Toubro Limited (L&T) has secured a large contract from Torrent Energy Storage Solutions Private Limited for the construction of the 3,000 MW Saidongar-1 Pumped Storage Project (PSP) in Raigad, Maharashtra. The project is set to become the largest pumped storage facility in India. The order has been awarded to L&T’s Heavy Civil Infrastructure business vertical. The scope of work includes the design, engineering, and execution of…
Author: PPD Team Date: January 3, 2025 Constellation has secured contracts worth more than $1bn from the US General Services Administration (GSA) to supply nuclear and other energy sources to multiple government agencies and implement energy-saving initiatives. The ten-year contract, valued at $840m, will supply one million megawatt-hours of energy annually from 2025 to 13 government agencies, including the Architect of the Capitol, GSA, and the Department of Veterans’ Affairs. Energy will be provided to…
Author: PPD Team Date: January 30, 2026 ACME Solar Holdings Limited said its wholly owned subsidiary, ACME Urja One Private Limited, has signed a Power Purchase Agreement (PPA) with NHPC Limited for a 250 MW firm and dispatchable renewable energy (FDRE) project. The disclosure was made to the stock exchanges on January 29, 2026. The agreement covers a 25-year supply of renewable power. Under the PPA, the tariff has been fixed at Rs 4.33 per…
Author: PPD Team Date: January 23, 2025 Blue Energy Motors, a key partner in Essar’s green mobility initiative, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to invest Rs 35 billion in establishing an electric truck manufacturing facility. The facility, set to begin operations in FY 2025-26, will have the capacity to produce 30,000 electric trucks annually. The facility will include advanced research and development capabilities, a battery-pack production line, a…
Author: PPD Team Date: June 20, 2025 The Cabinet of Arunachal Pradesh has approved the Arunachal Pradesh Comprehensive State Power Development Program with a budget outlay of Rs 20 billion to be implemented over four years. The programme focuses on strengthening the state’s power infrastructure, electrifying unserved areas, and preparing for a hydropower-driven future. The scheme aims to develop sub-transmission and distribution systems in urban and high-density regions, electrify newly created districts and remote villages,…