Author: PPD Team Date: 11/12/2024
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: 21/02/2025 Advait Energy Transitions Limited, formerly Advait Infratech Limited, has incorporated a wholly owned subsidiary, Advait Transmission Tools Private Limited, for power transmission lines (TLs) work. The subsidiary, established on February 18, 2025, will focus on assembling, manufacturing, and trading stringing tools used in the construction, operation, and maintenance of power TLs. Since its inception in 2009, Advait Energy Transitions has provided solutions for power transmission, substation, and telecommunication infrastructure. It…
Author: PPD Team Date: 17/10/2024 Indian Oil Corporation (IOCL) has partnered with EverEnviro Resource Management to establish a joint venture (JV) focused on converting organic waste into compressed biogas (CBG). The two companies will share equal ownership in the JV, which will integrate advanced biogas technologies to promote biofuels and support the national deployment of CBG plants. This initiative aligns with IOCL’s long-term low-carbon strategy and its goal of achieving operational net-zero emissions by 2046….
Author: PPD Team Date: 31/12/2024 Aditya Birla Renewable Energy Limited (ABREL) and its special purpose vehicle (SPV), Aditya Birla Renewables SPV 4 Limited, have signed a shareholder’s agreement with Gujarat Alkalies and Chemicals Limited (GACL) for a 62.7 MW wind-solar hybrid power project in Gujarat. The agreement was finalized on December 28, 2024. GACL will hold a 26% equity stake in the SPV for the project. Additionally, GACL has signed a power consumption agreement (PCA)…
Author: PPD Team Date: 09/01/2025 Mahindra has opened a new manufacturing and battery assembly facility at its Chakan plant, dedicated to producing Electric Origin SUVs. The facility, powered entirely by renewable energy, operates as a water-positive unit within Mahindra’s Chakan manufacturing hub. This development is part of Mahindra’s Rs 45 billion investment from its Rs 160 billion FY22–FY27 investment cycle, which includes powertrain development, new product platforms, and expanded manufacturing capacity. The facility spans 88,000…
Author: PPD Team Date: 03/12/2024 Union Minister of State for Power, Shripad Naik, informed Parliament that India is actively expanding its power generation and transmission capacity to meet growing energy demands. Currently, 29,200 MW of thermal capacity is under construction, with 51,520 MW in the planning stages. The government aims to add 80,000 MW of thermal capacity by 2031-32. As of October 2024, India’s total installed capacity is 454.452 GW, with a target of reaching…
Author: PPD Team Date: 22/01/2025 Advait Energy Transitions (formerly Advait Infratec) has secured a Letter of Award (LoA) from the Solar Energy Corporation of India (SECI) under the Product Linked Incentive (PLI) scheme, part of the Strategic Interventions for Green Hydrogen Transition (SIGHT) initiative (Tranche II). The company will establish a 200 MW manufacturing capacity for alkaline electrolysers in India. The project is expected to be completed within five years.