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: June 24, 2025 The Solar Energy Corporation of India Limited (SECI) has issued a tender for the development of 1,200 MW of ISTS-connected solar power projects integrated with 600 MW/3,600 MWh energy storage systems (ESS). Projects will be implemented on a build-own-operate basis. Developers must install ESS with at least 0.5 MW/3 MWh for every 1 MW of solar capacity. Bids must be for at least 50 MW and not more…
Author: PPD Team Date: February 19, 2025 Alpex Solar has won a Rs 450 million order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply 2,000 solar-powered water pumps under the Magel Tyala Saur Krushi Pump scheme. The pumps will be manufactured at Alpex Solar’s facility in Greater Noida, which has recently expanded to a 1,200 MW capacity. Founded in 1993, Alpex initially specialized in the international trade of synthetic yarns and knitting machinery…
Author: PPD Team Date: December 3, 2024 O2 Power Private Limited has signed a Power Purchase Agreement (PPA) with East Central Railways (ECR) for the supply of 100 MW Round-The-Clock (RTC) Renewable Energy (RE) power in India. In January 2024, O2 Power won 100 MW RTC RE power project at a tariff of Rs 4.37 per kWh. Bids for supply of 750 MW RTC RE power projects with or without storage anywhere in India were…
Author: PPD Team Date: December 5, 2025 Insolation Green Energy, a wholly owned subsidiary of Insolation Energy, has received two solar PV module supply orders with a combined value of about Rs 5.16 billion. The first is a Rs 3.57 billion purchase order for n-type TOPCon modules from a private sector power producer. The company has also secured orders worth about Rs 1.59 billion to supply modules for projects under the Pradhan Mantri Kisan Urja…
Author: PPD Team Date: November 12, 2024 Ahead of the Utkarsh Odisha conclave in January, Odisha’s single window clearance authority, led by Chief Secretary Manoj Ahuja, has approved 15 industrial projects worth Rs 33.53 billion. Spanning sectors like chemicals, renewable energy, steel, food processing, textiles, tourism, pharmaceuticals, and cement, these projects are expected to create over 4,637 jobs across six districts, including Khurda, Cuttack, Puri, Bargarh, Jharsuguda, and Koraput. This includes Rs 1.21 billion approval…
Author: PPD Team Date: October 22, 2025 Avaada Electro, the solar manufacturing subsidiary of the Brookfield-backed Avaada Group, has filed confidential documents with the Securities and Exchange Board of India (SEBI) to raise between Rs 90–100 billion through an initial public offering (IPO). The proposed IPO is expected to include both fresh equity issuance and an offer for sale by existing shareholders. According to market sources, the company is targeting a valuation in the range…