SECI surpasses 73 GW in renewable energy projects
Author: PPD Team Date: January 14, 2025
Author: PPD Team Date: January 14, 2025
The Solar Energy Corporation of India (SECI) has reached a significant milestone, surpassing 73 GW in cumulative awarded capacity for renewable energy projects as of December 31, 2024.Â
SECI received an ‘Excellent’ rating for its performance under the memorandum of understanding (MoU) with the Ministry of New & Renewable Energy (MNRE) for the financial year 2023-24, scoring 96 out of 100.Â
The organization has also been awarded ‘Navratna’ status by the Ministry of Finance. As the country’s premier renewable energy implementing agency (REIA), SECI continues to drive sustainable development in India.
Author: PPD Team Date: April 16, 2026 The Expert Appraisal Committee for River Valley and Hydroelectric Projects (EAC), under the Ministry of Environment, Forest and Climate Change (MoEFCC), has recommended the grant of Terms of Reference (ToR) for five power projects with a combined capacity of 3,810 MW. The decisions were taken at the committee’s 51st meeting. Seshachalam PSP, Andhra Pradesh – 600 MW In Andhra Pradesh, ToR has been recommended for the 600 MW…
Author: PPD Team Date: December 9, 2024 Bondada Engineering Limited has secured a Rs 1.08 billion work order from the Bihar Renewable Energy Development Agency (BREDA) for the design, supply, installation, testing, and commissioning of smart solar streetlight systems across rural Bihar. The project, under the Mukhyamantri Gramin Solar Streetlight Yojana, includes a five-year comprehensive maintenance contract and the integration of remote monitoring systems. The contract is to be completed within 18 months.
Author: PPD Team Date: June 17, 2025 Rayzon Solar Limited plans to file draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) worth about Rs 15 billion. The offer will consist of a fresh issue of equity shares. The company has appointed leading investment banks to manage the issue. Proceeds from the IPO will go towards expanding its manufacturing capacity and supporting growth plans. Rayzon Solar recently…
Author: PPD Team Date: November 19, 2025 Power Grid Corporation of India Limited has approved the issuance of its 83rd bond series to raise up to Rs 3,800 crore. The decision was taken by the company’s Committee of Directors for Bonds at a meeting held on November 17 2025. The fundraising will take place through unsecured, non convertible and redeemable bonds issued on a private placement basis. The base issue size is Rs 1,000 crore,…
Author: PPD Team Date: April 23, 2025 The Government of West Bengal laid the foundation stone for a new 1,600 MW thermal power project at Salboni in Paschim Medinipur district on April 21, 2025. JSW Energy Limited also commenced construction on the same day. The greenfield project will use supercritical or ultra-supercritical technology and have two units of 800 MW each. It is being developed at an estimated cost of Rs 160 billion. This plant…
Author: PPD Team Date: September 23, 2025 Adani Green Energy Limited has set up a new step-down subsidiary, Adani Ecogen Three Limited, to focus on renewable power generation. The company disclosed the development in a stock exchange filing on 22 September 2025. According to the filing, the subsidiary was incorporated by Adani Renewable Energy Holding Eleven Limited, a wholly-owned arm of Adani Green Energy. Adani Ecogen Three Limited was registered on the same date with…