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: April 2, 2026 Solarworld Energy Solutions Limited has received a letter of award from NTPC Renewable Energy Limited for the balance of system package for Block-IX, a 200 MWac block under NTPC’s 1,000 MW grid-connected solar PV project at Bikaner, Rajasthan. The contract, valued at approximately Rs 267.53 crore including taxes, was awarded on March 31, 2026, and carries an execution timeline of 19 months. The scope also includes three years…
Author: PPD Team Date: November 24, 2025 CERC will hold an online public hearing on December 3, 2025, to finalize the value of X used to calculate deviation percentages for wind and solar sellers under the Deviation Settlement Mechanism and Related Matters Regulations, 2024. The new framework will apply from April 1, 2026. The hearing follows a consultation launched on September 10, 2025. Stakeholders were first asked to submit comments by October 5, 2025. After…
Author: PPD Team Date: June 9, 2025 India is making rapid progress in expanding clean power, with 83% of power sector investment in 2024 going to renewables and a rising share of non-fossil capacity. However, a June 2025 report from the International Energy Agency (IEA), titled “World Energy Investment 2025,” highlights that current policies still fall short of the funding needed to meet long-term goals. While foreign and domestic investment is growing, key risks—like discom…
Author: PPD Team Date: April 25, 2025 Sunsure Solarpark Thirty Seven Private Limited, a special purpose vehicle of Sunsure Energy Private Limited, has signed key agreements with Sunflag Iron & Steel Company Limited to develop a captive solar power project in Dhule, Maharashtra. The agreements include a Power Purchase Agreement (PPA) and a Share Subscription and Shareholders Agreement (SSSHA). As part of the deal, Sunflag will invest Rs 57.25 million to acquire a 26 per…
Author: PPD Team Date: March 17, 2025 India’s push for pumped storage projects (PSPs) gained momentum with two key agreements signed on March 11, 2025. THDC India Limited partnered with the Government of Chhattisgarh and Chhattisgarh State Power Generation Company Limited (CSPGCL) to develop the Dangari Pumped Storage Project. Meanwhile, REC Limited committed significant funding for similar projects in Kerala. The Dangari PSP, to be implemented by CSPGCL, will have a capacity of 1,400 MW…
Author: PPD Team Date: May 22, 2025 The Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST) will roll out rooftop solar installations on government-built properties using the renewable energy service company (RESCO) model. The initiative will begin with 3 MW of projects across identified sites, starting with a pilot at the Chandigarh Housing Board’s Sector 51 Housing Society. CREST has signed a memorandum of understanding after discussions with the local resident welfare association….