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: January 17, 2025 The World Bank and African Development Bank (AfDB) have outlined terms for African countries to secure $40bn in power finance under the Mission 300 programme. This initiative seeks to provide electricity access to 300 million Africans by 2030, Bloomberg reports. Currently, sub-Saharan Africa’s electricity access ranges from 1% in South Sudan to 94% in South Africa, per the International Energy Agency. Mission 300 aims to connect half the…
Author: PPD Team Date: June 23, 2025 The Ministry of New and Renewable Energy (MNRE) has launched the City Accelerator Program during the National Conference on Skill Development for Renewable Energy Workforce at Atal Akshay Urja Bhawan, New Delhi. The initiative, in partnership with Shakti Sustainable Energy Foundation (SSEF), aims to speed up the adoption of rooftop solar (RTS) across Indian cities. The City Accelerator Program is part of PM Surya Ghar: Muft Bijli Yojana…
Author: PPD Team Date: October 15, 2025 Kosol Energie Private Limited has signed a memorandum of understanding (MoU) worth Rs 520 billion at the Vibrant Gujarat Regional Conference. The investment will support the development of solar, green hydrogen, and green ammonia projects across the state. The company plans to use the capital to establish large-scale renewable energy parks, advanced manufacturing facilities, and research and development centres. Recently, Kosol Energie commissioned a 38 MWp solar project…
Author: PPD Team Date: December 11, 2024 Airox Nigen has established a 600 MW solar module manufacturing line in Rohnat, Haryana, as part of its larger 2 GW renewable energy project. According to the company, the facility, located in a 17-acre renewable energy park, is positioned to become a significant hub for sustainable energy innovation. The 600 MW facility will serve as the foundation for scaling up to the planned 2 GW capacity. Equipped with…
Author: PPD Team Date: October 30, 2025 KPI Green Energy Limited has received a Letter of Intent from UAE-based FVE Lifecare General Trading LLC, part of the F Plus Group, for a 600 MW Round-the-Clock (RTC) Green Power Project valued at about Rs 1,050 crore. The agreement follows an earlier MoU with F Plus Healthcare Technologies. The project will supply captive and group-captive renewable power for F Plus facilities worldwide and may be structured through…
Author: PPD Team Date: September 26, 2025 CESC Limited will raise Rs 300 crore through 30,000 non-convertible debentures (NCDs) via private placement. Each debenture has a face value of Rs 1 lakh, is senior, secured, rated, unlisted, and carries a three-year tenure. The NCDs will offer a floating coupon of 3-month Treasury Bill rate plus 2.30% per annum, paid quarterly. In case of default, an extra 2% per annum applies. Allotment is set for September…