Rajasthan partners with Telangana for energy expansion
Author: PPD Team Date: March 5, 2025
Author: PPD Team Date: March 5, 2025
Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) and Singareni Collieries Company Limited have signed a memorandum of understanding (MoU) to enhance power generation and supply, supporting the state’s goal of energy self-reliance and uninterrupted daytime electricity for farmers by 2027.
The agreement aims to accelerate renewable energy development in Rajasthan by strengthening solar capacity and ensuring the timely execution of projects.
As part of this initiative, the state government plans to develop a 1,500 MW solar park, with RVUNL having already identified land for the project. The solar park is expected to attract Rs 6 billion in investment and create significant employment opportunities.
The total estimated cost of Rajasthan’s renewable energy initiatives stands at Rs 22 billion, reflecting the state’s commitment to sustainable energy growth.
Author: PPD Team Date: November 26, 2024 Siemens Limited posted strong Q4 FY 2024 financial results, with a 45% increase in profit after tax to Rs 7.75 billion and an 11% revenue rise to Rs 58.94 billion. New orders grew by 37% to Rs 61.64 billion. For the financial year ending September 30, 2024, the company reported a 14% revenue increase to Rs 202.5 billion and a 39% rise in profit after tax to Rs…
Author: PPD Team Date: October 30, 2024 Tata Power Renewable Energy (TPREL) has partnered with IndusInd Bank to provide collateral-free solar financing options for micro and small enterprises (MSEs), offering loans ranging from Rs 1 million to Rs 20 million. This partnership aims to support MSEs in adopting solar energy, reducing operational costs, and contributing to the green energy transition. Both public and private lenders are increasingly collaborating with solar companies to offer financing for…
Author: PPD Team Date: October 24, 2024 British energy company Viaro Energy and US-based Terrestrial Energy have signed a memorandum of understanding to develop the Integral Molten Salt Reactor (IMSR) nuclear project in the UK. The partnership aims to deliver reliable, emission-free, and cost-competitive nuclear energy using advanced reactor technology. Terrestrial Energy CEO Simon Irish emphasized that both companies share a vision for expanding nuclear energy to achieve energy security and net zero goals. They…
Author: PPD Team Date: December 4, 2025 NHPC Limited has achieved test synchronisation of the 250 MW Unit 2 of the 2,000 MW Subansiri Lower Hydroelectric Project with the national grid on 2 December 2025. The company expects the commercial operation date for Unit 2 by this month. The synchronisation marks a key step in the phased commissioning of the eight-unit project. NHPC leadership, including CMD Bhupender Gupta, Government Nominee Director Mohammad Afzal, directors from…
Author: PPD Team Date: December 16, 2024 Vestas has received a firm and unconditional order for the 1.1GW Inch Cape offshore wind project in Scotland from Inch Cape Offshore, a joint venture between ESB and Red Rock Renewables. The contract includes the supply, installation, and commissioning of 72 V236-15.0 MW wind turbines. The 150km² site in the North Sea, located 15km offshore Angus, will feature turbines installed on monopile and jacket foundations in water depths…
Author: PPD Team Date: February 13, 2026 The Ministry of Power (MoP) has issued revised guidelines mandating coal and lignite-based thermal power plants (TPPs) to achieve 100 per cent ash utilisation in line with notifications of the Ministry of Environment, Forest and Climate Change (MoEF&CC), while limiting the tariff impact on electricity consumers. The revised framework replaces the MoP guidelines dated March 15, 2024, and was approved by the Union Minister for Power and Housing…