Rayzon Solar and Ganesh Green Bharat win solar projects
Author: PPD Team Date: July 7, 2025
Author: PPD Team Date: July 7, 2025
Rayzon Solar Private Limited has secured an engineering, procurement, and construction (EPC) contract for a 63 MW solar power project in Maharashtra. The project will add to the state’s renewable energy capacity and is expected to support local job creation during the construction phase.
In another development, Ganesh Green Bharat Limited received an EPC contract worth Rs 242.81 million. The contract was awarded by Ram Taranga Solutions Private Limited on June 29, 2025, for a 16.3 MW solar power project in Bangalore, Karnataka.
Author: PPD Team Date: October 18, 2024 Rayzon Solar has won a contract to supply 216 MW of high-efficiency photovoltaic (PV) modules to Larsen & Toubro (L&T) for three solar projects across India. The modules will be integral to L&T’s floating solar projects at Panchet and Ramagundam, as well as a ground-based solar project in Bihar.
Author: PPD Team Date: January 9, 2026 Waaree Renewable Technologies Limited has informed the stock exchanges of a revision to the capacity and value of a previously announced solar project. The disclosure was made through a regulatory filing dated 8 January 2026. The revision relates to a project award first disclosed on 9 September 2025. The company stated that it has received a Letter of Award for a revised project capacity of 704 MWac and…
Author: PPD Team Date: April 25, 2025 The Board of Directors of NHPC Limited has approved the development of a 1,200 MW solar power park in Jalaun, Uttar Pradesh. The project will be implemented by Bundelkhand Saur Urja Limited (BSUL), a joint venture between NHPC and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA). It is part of the Ultra Mega Renewable Energy Power Park (UMREPP) scheme of the Ministry of New and…
Author: PPD Team Date: November 29, 2024 Swedish clean technology company Hexicon has secured approval from the South Korean Electricity Regulatory Commission (KOREC) for the transfer of two of three electricity business licenses (EBLs) for the 1.1 GW MunmuBaram floating offshore wind project. This approval fulfils a key condition for finalizing the sale and purchase agreement (SPA) signed in February 2024 with Shell Overseas Investments, enabling Hexicon to acquire full ownership of the project. The…
Author: PPD Team Date: July 7, 2025 The International Finance Corporation (IFC) and India Grid Trust (IndiGrid) have partnered to develop a 180 MW/360 MWh standalone battery energy storage system (BESS) project in Gujarat. IFC has committed $55 million (Rs 4.6 billion approx.) in long-term financing to the project through listed non-convertible debentures. This includes $38.5 million from IFC’s account and $16.5 million in concessional finance from the Clean Technology Fund under the Climate Investment…
Author: PPD Team Date: June 26, 2025 The Ministry of Heavy Industries (MHI) has launched the application portal under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI). The scheme is aimed at attracting global electric vehicle (EV) manufacturers while strengthening domestic EV production. The portal will accept applications from 24 June 2025 to 21 October 2025. Approved applicants will be required to invest at least Rs 41.50 billion and will be…