Sahaj Solar secures Rs 364.2 million solarisation project in Tripura
Author: PPD Team Date: January 6, 2025
Author: PPD Team Date: January 6, 2025
Sahaj Solar has won a contract from the Tripura Renewable Energy Development Agency (TREDA) to solarise 2 HP grid-connected agricultural pumps under the PM-KUSUM scheme’s Component C.
The project involves designing, surveying, manufacturing, supplying, and commissioning 3 kWp grid-connected power plants with interfacing devices for the pumps.
It also includes a five-year warranty, annual maintenance contract, and insurance coverage on a turnkey basis.
Author: PPD Team Date: June 5, 2025 The Asian Development Bank (ADB) has withdrawn its loan approval of Rs 36.51 billion (USD 434.25 million) for the 500 MW phase of the Khagarijan Solar Power Project in Assam. The withdrawal comes in response to local protests over the project’s development. ADB had initially approved the loan in October 2024. The project is being implemented by Assam Power Development Company Limited (APDCL) under the “Mukhya Mantri Sauro…
Author: PPD Team Date: February 13, 2025 The Government of Karnataka (GoK) has signed multiple Memorandums of Understanding (MoUs) with various firms under the “Invest Karnataka-2025” summit to develop renewable energy (RE) projects in the state. The agreements, collectively valued at over Rs 3.37 trillion, focus on solar, wind, battery energy storage systems (BESS), and green hydrogen. Key MoUs signed: JSW Neo Energy Private Limited (subsidiary of JSW Energy Limited) – Rs 560 billion for…
Author: PPD Team Date: December 17, 2024 Surana Technologies Private Limited, a subsidiary of Surana Solar Limited, has signed a power purchase agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 25 years. The agreement covers the development of 54 MW decentralized solar power projects under the “Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0” scheme in Maharashtra. In September 2024, Surana Solar received a Letter of Award (LoA) worth Rs 1.89 billion from…
Author: PPD Team Date: January 15, 2025 Bajel Projects Ltd has been awarded an EPC contract by Adani Energy Solutions Ltd (AESL) for the construction of a 400kV double-circuit (D/C) transmission line, spanning 217 km to connect Raipur in Chhattisgarh to Tiroda in Maharashtra. The project will use Quad ACSR Moose conductors and is slated for completion within 18 months from the issuance of the letter of award. Bajel Projects also secured a supply of…
Author: PPD Team Date: February 13, 2026 Power Finance Corporation Limited (PFC) and REC Limited have informed the stock exchanges that they are proceeding with a proposed merger after the PFC board granted in-principle approval on February 6, 2026. In a joint filing dated February 12, 2026, the two state-owned non-banking financial companies (NBFCs) set out the rationale, structural aspects, and expected outcomes of the consolidation. The companies stated that the merger is aimed at…
Author: PPD Team Date: April 3, 2025 Trident Group commissioned an 11.02 MWp rooftop solar power project at its Budhni facility in Madhya Pradesh on March 29, 2025. The project, developed at Rs 280 million, includes capacities of 6.58 MWp and 4.44 MWp. With this addition, the total commissioned solar capacity at the Budhni facility has reached 51.92 MWp. This marks the second solar project commissioned in Madhya Pradesh in March. Earlier, NTPC Renewable Energy…