Rays Green Energy to build solar module and cell plant in Madhya Pradesh
Author: PPD Team Date: December 13, 2024
Author: PPD Team Date: December 13, 2024
Rays Green Energy Manufacturing, a subsidiary of Rays Power Infra, will establish a solar module and cell facility in Madhya Pradesh with a total investment of Rs 14 billion.Â
The plant will include a 1.5 GW solar cell unit and a 3 GW solar module assembly line, utilizing advanced TOPCon technology to boost domestic renewable energy manufacturing.
The Madhya Pradesh government has allocated 38 acres in the Mohasa Babai Industrial Area, Narmadapuram district, designated as a renewable energy manufacturing zone.
The facility is expected to create around 1,200 direct and indirect jobs, promoting skill development and regional economic growth.
Author: PPD Team Date: September 17, 2025 The Ministry of New and Renewable Energy (MNRE) has sanctioned a supplementary budget of Rs 140 crore for Phase-I of the National Bioenergy Programme (NBP), covering the period from April 1, 2021 to March 31, 2026. According to an office memorandum dated September 16, 2025, the approval was granted by the President of India. With this additional allocation, the total outlay under Phase-I of the programme now stands…
Author: PPD Team Date: November 26, 2025 Sembcorp Industries, which is backed by Temasek, is reportedly considering an IPO for its Indian subsidiary Sembcorp Green Infra. The launch could take place in the next eight to nine months. The talks are at an early stage and the size of the issue has not been set. This would be Sembcorp’s second attempt to list its India business after the company withdrew a draft prospectus in January…
Author: PPD Team Date: November 5, 2024 Suzlon Group reported a net profit of Rs 2 billion for the quarter ending September 2024, marking a 96% increase from Rs 1.02 billion in the same period last year. Total income rose by approximately 48% to Rs 21.21 billion, up from Rs 14.29 billion in the corresponding quarter of the previous year.
Author: PPD Team Date: May 1, 2025 NTPC Green Energy Limited (NGEL) has signed a memorandum of understanding (MoU) with Honeywell UOP India Private Limited to explore the production of sustainable aviation fuel (SAF). The project will use captured carbon dioxide and green hydrogen as feedstock. Both companies will carry out a joint feasibility study using Honeywell’s proprietary eFining technology. The study will assess the technical and commercial viability of SAF production at NTPC’s planned…
Author: PPD Team Date: March 23, 2026 India’s power sector will require investment of approximately Rs 200 lakh crore over the next two decades, Union Minister of Power Manohar Lal said while inaugurating the Bharat Electricity Summit 2026 in New Delhi. Speaking at Yashobhoomi, the Minister framed the investment need within India’s goal of becoming a developed nation by 2047, citing energy as central to that ambition. “Energy is at the heart of development,” he…
Author: PPD Team Date: August 18, 2025 APTRANSCO has submitted final proposals for the Green Energy Corridor Phase-3 to the Central Electricity Authority (CEA). The Rs 28,033 crore plan will integrate 11 GW of solar and 7,373 MW of pumped storage projects through 8,862 CKM of new lines and 9,500 MVA of added capacity. Reportedly, APTRANSCO is executing 69 transmission projects worth Rs 8,638 crore, adding 14,046 MVA and 2,041 CKM. Transmission losses dropped to…