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 23, 2025 Essar Renewables Limited has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to develop 2,000 MW of renewable energy capacity. The Rs 80 billion investment will focus on round-the-clock renewable energy projects to power the electric vehicle truck charging infrastructure of Blue Energy Motors and Greenline. The projects are expected to start operations in fiscal year 2026-27, creating over 2,000 direct employment opportunities and boosting…
Author: PPD Team Date: September 16, 2025 Vedanta Limited has announced that its wholly-owned subsidiary, Talwandi Sabo Power Limited (TSPL), has resolved long-standing disputes with SEPCO Electric Power Construction Corporation through a settlement agreement. The agreement was signed on 11 September 2025 and provides for full and final closure of all claims and counterclaims between the two parties. It also covers the withdrawal of ongoing arbitration proceedings related to engineering, procurement, and construction contracts for…
Author: PPD Team Date: June 24, 2025 The Ministry of New and Renewable Energy (MNRE) has released draft guidelines for series approval of solar photovoltaic (SPV) inverters. These are meant for testing in designated labs under the “Solar Systems, Devices and Components Goods Order, 2025.” Issued on 23 June 2025, the guidelines aim to help test labs and manufacturers define product families. This will streamline testing and certification for SPV-based off-grid, grid-tied, and hybrid inverters….
Author: PPD Team Date: February 17, 2025 Premier Energies Photovoltaic Private Limited, a wholly-owned subsidiary of Premier Energies Limited (PEL), secured contracts worth Rs 12.34 billion for the supply of solar photovoltaic (PV) modules in India on February 14, 2025. The supply is expected to begin in April 2025. In January 2025, PEL’s subsidiaries—Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited—won contracts worth Rs 1.46 billion…
Author: PPD Team Date: April 14, 2025 The Central Electricity Authority (CEA) has approved Detailed Project Reports (DPRs) for six hydro pumped storage projects (PSPs) totaling about 7.5 GW. These approvals were issued in record time during 2024–25, reflecting a focused effort to expand long-term energy storage infrastructure. The cleared projects include: Upper Indravati (600 MW) in Odisha Sharavathy (2,000 MW) in Karnataka Bhivpuri (1,000 MW) in Maharashtra Bhavali (1,500 MW) in Maharashtra MP-30 (1,920…
Author: PPD Team Date: March 26, 2025 Jindal India Renewable Energy (JIRE), a subsidiary of Jindal Power Limited (JPL), has received a Letter of Acceptance (LoA) for 300 MW of solar plus storage capacity at a tariff of Rs 3.09 per kWh. The award falls under NHPC Limited’s 1,200 MW Inter-State Transmission System (ISTS)-connected solar power projects with a 600 MW/1,200 MWh energy storage system (ESS) and an additional greenshoe capacity of 1,200 MW anywhere…