Author: PPD Team Date: November 5, 2024
Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Renewables & Infrastructure Limited, has acquired the remaining 51% equity stake in Sherisha Solar SPV Two Private Limited.Â
This acquisition increases RGPL’s ownership to 100%, making Sherisha Solar SPV Two a fully-owned step-down subsidiary.
Author: PPD Team Date: March 30, 2026 NHPC Limited has signed an implementation agreement with Jammu & Kashmir State Power Development Corporation Limited (JKSPDCL) for the development of the 240 MW Uri-I Stage-II and 260 MW Dulhasti Stage-II hydroelectric projects in the Union Territory of Jammu & Kashmir. The agreement was signed on March 27, 2026 in Jammu, as disclosed in a regulatory filing. The projects will be developed on a build-own-operate-transfer (BOOT) basis for…
Author: PPD Team Date: April 10, 2025 The Ministry of Coal has signed agreements for two coal blocks under the 11th round of commercial coal mine auctions. Marwatola-II has been awarded to Singhal Business Private Limited. Namchik West has gone to PRA Nuravi Coal Mining Private Limited. One of the blocks is fully explored, while the other is partially explored. Together, the two mines have a peak rated capacity of 0.34 million tonnes per annum….
Author: PPD Team Date: December 13, 2024 Reliance Power Limited (RPL) incorporated Reliance NU Energies Private Limited, a special purpose vehicle, on December 10, 2024. The entity will focus on developing renewable energy projects, including solar, wind, hybrid systems, and advanced energy storage solutions such as pumped storage hydropower and battery energy storage systems.
Author: PPD Team Date: January 23, 2025 NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited through NTPC Green Energy Limited, has commenced commercial operation of the second part capacity of its 200 MW Sadla Solar PV Project in Gujarat. The additional 25 MW capacity became operational on January 17, 2025. Earlier, the first part capacity of 37.5 MW was commissioned on December 21, 2024.
Author: PPD Team Date: March 16, 2026 The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the demerger of the Power Evacuation Business of Inox Green Energy Services Limited (IGESL) into Inox Renewable Solutions Limited (IRSL). The order was pronounced on March 13, 2026, and IGESL informed the stock exchanges of the development on March 14, 2026. The scheme has an appointed date of October 1, 2024. Under the arrangement, all assets, liabilities, contracts,…
Author: PPD Team Date: March 19, 2026 The Union Cabinet has approved a Small Hydro Power Development Scheme for FY 2026-27 to FY 2030-31 with an outlay of Rs 2,584.60 crore. The scheme targets development of about 1,500 MW of small hydro capacity across states, with emphasis on hilly and North Eastern regions. Funding structure The scheme provides central financial assistance (CFA) based on location. Projects in North Eastern states and border districts will receive…