Sahaj Solar and Teerth Gopicon form subsidiaries for solar projects
Author: PPD Team Date: February 12, 2025
Author: PPD Team Date: February 12, 2025
Sahaj Solar Limited has established a wholly-owned subsidiary, Veracity Renewable Energy Private Limited, to develop solar power projects in India.
The new entity will generate, accumulate, distribute, and supply solar power for its use or sale to governments, state electricity boards, power transmission and distribution intermediaries, industrial units, and consumers.
Similarly, Teerth Gopicon Private Limited has incorporated a wholly-owned subsidiary, Teerth RE 1 Private Limited, to implement rooftop solar power projects in Rajasthan.
The subsidiary will handle the design, supply, erection, testing, and commissioning of rooftop solar photovoltaic (PV) projects on state government and government undertaking buildings, along with 25 years of comprehensive operation and maintenance (O&M).
Author: PPD Team Date: March 19, 2026 Over 35 GW of renewable energy capacity in India faces a high risk of grid curtailment in the upcoming fiscal year, according to an analysis by Crisil Ratings. The issue stems from a mismatch between rapid additions in solar and wind capacity and slower progress in interstate transmission system (ISTS) development. Access risk The report highlights the difference between Long-Term General Network Access (LT GNA) and Temporary General…
Author: PPD Team Date: April 9, 2025 NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have formed a joint venture (JV) to develop 10,000 megawatts (MW) of renewable energy projects. The JV, named NTPC-MAHAPREIT Green Energy Limited, was established on April 8, 2025. NGEL holds a 74 percent equity stake in the JV, while MAHAPREIT holds the remaining 26 percent. The…
Author: PPD Team Date: December 12, 2025 Former Chief Secretary of Gujarat, Pankaj Joshi, has been appointed Chairperson of the Gujarat Electricity Regulatory Commission (GERC). The state government has also named Jatin Natvarlal Thakkar and Navinchandra Shah as Members of the Commission. The appointments follow recommendations made by a Selection Committee formed earlier this year to shortlist candidates for the posts. An official notification said Joshi will take charge from the date he assumes office….
Author: PPD Team Date: December 29, 2025 The Government of Gujarat has launched three major clean energy policies with a combined investment potential exceeding Rs 5.8 lakh crore. The Integrated Renewable Energy Policy 2025, the Pumped Storage Project Policy 2025, and the Gujarat Green Hydrogen Policy-2025 aim to build an integrated renewable energy ecosystem, expand capacity and create large-scale employment by 2030. The Integrated Renewable Energy Policy 2025, announced by Chief Minister Bhupendra Patel, sets…
Author: PPD Team Date: March 3, 2025 Chemplast Sanmar Limited and its wholly-owned subsidiary, Chemplast Cuddalore Vinyls Limited (CCVL), have signed a power purchase agreement (PPA) with JSW Green Energy Nine Private Limited, a special purpose vehicle (SPV) of JSW Neo Energy Limited, a subsidiary of JSW Energy Limited (JSWEL). Under the agreement, the SPV will develop an 84.9 MW wind-solar hybrid power project in Tamil Nadu, consisting of 64.9 MW solar and 20 MW…
Author: PPD Team Date: January 29, 2025 The Government of Arunachal Pradesh has deployed drilling machines in Parong to conduct pre-feasibility testing for the Upper Siang Hydro Electric Project. North Eastern Electric Power Corporation Limited (NEEPCO), NHPC Limited, and the Government of Arunachal Pradesh (GoAP) will execute the 11,200 MW project in Parong, Siang district, through a joint venture (JV). THDC invites DPR bids for hydro projects in Maharashtra, Uttar Pradesh In related hydroelectric developments,…