Author: PPD Team Date: December 11, 2024
The Government of Rajasthan (GoR) has signed an agreement with BrightKnight to establish wind-solar hybrid power projects in the state.
As part of the agreement, BrightKnight has committed to investing Rs 150 billion to set up over 2,000 MW of wind-solar hybrid capacity in Rajasthan.
Author: PPD Team Date: April 9, 2025 NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have formed a joint venture (JV) to develop 10,000 megawatts (MW) of renewable energy projects. The JV, named NTPC-MAHAPREIT Green Energy Limited, was established on April 8, 2025. NGEL holds a 74 percent equity stake in the JV, while MAHAPREIT holds the remaining 26 percent. The…
Author: PPD Team Date: December 4, 2024 Solar Industries India and its subsidiary have secured export orders worth Rs 20.39 billion for the supply of defence products to international clients. The deliveries will span four years. In November, the company received another export order valued at Rs 3.99 billion from an overseas customer, to be fulfilled within three years.
Author: PPD Team Date: August 4, 2025 India is advancing the development of three small modular reactor (SMR) designs, including one dedicated to hydrogen production, Union Minister Jitendra Singh informed the Rajya Sabha last week. The three designs include the 200 MWe Bharat Small Modular Reactor (BSMR), a 55 MWe SMR, and a 5 MWth high-temperature gas-cooled reactor intended for hydrogen production. All are being indigenously developed. The gas-cooled reactor will be paired with thermochemical…
Author: PPD Team Date: January 8, 2025 PFC Consulting Limited (PFCCL) incorporated Anantapur II REZ Transmission Limited, a special purpose vehicle (SPV) for developing the Transmission System for integration of Anantapur-II REZ (Phase-I: 4.5 GW), on January 7, 2025. PFCCL has also been appointed as the bid process coordinator (BPC) for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process.
Author: PPD Team Date: November 18, 2025 Hero Future Energies has signed an MoU worth Rs 300 billion with the Andhra Pradesh government to set up 4 GW of renewable energy projects. The projects will come up in Ananthapuramu, Kurnool and Kadapa and will be developed in two phases. HFE will use its technical and project development experience to deliver the planned capacity. The projects are expected to create more than 15000 direct and indirect…
Author: PPD Team Date: December 27, 2024 SUN Energy has partnered with PT Bank SMBC Indonesia to obtain a USD 10 million Multi Option Trade Facility. The financing will support raw material procurement and expand solar energy projects in Indonesia’s commercial and industrial sectors. SMBC Indonesia, which disbursed nearly USD 1.1 billion in sustainable loans by September 2024, will provide financial tools such as letters of credit, bank guarantees, and working capital loans to ensure…