Author: PPD Team Date: December 11, 2024
Serentica Renewables India Private Limited (SRIPL) has announced plans to set up 10,000 MW of renewable energy projects in Rajasthan.
The company intends to invest Rs 500 billion in the state, as part of the “Rising Rajasthan Summit 2024,” to develop its renewable energy capacity.
Author: PPD Team Date: March 3, 2026 Oswal Solar Energy Private Limited, a wholly owned subsidiary of Oswal Pumps Limited, has secured an order worth approximately Rs 39.40 crore (including GST) for the installation of 7.46 MWp of grid-connected rooftop solar plants in Andhra Pradesh. The contract has been awarded by M/s Swashakthi Energy for the installation of solar systems for 3,729 Scheduled Caste (SC) and Scheduled Tribe (ST) consumers under the PM Surya Ghar:…
Author: PPD Team Date: December 24, 2024 The government of Punjab has launched a new initiative under the Clean and Green Renewable Energy project to boost Punjab’s green energy production. A total of 66 solar projects will be implemented across the state by December 2025, generating 264 MW of renewable energy. The Punjab government has signed a 25-year agreement with VP Solar Generation Company, the winning bidder, to oversee the installation of solar plants. Each…
Author: PPD Team Date: April 21, 2025 EDF Renewables, a subsidiary of the French Électricité de France (EDF) Group, has commissioned the 400/132 kV Koruson main transmission substation (MTS) near Noupoort in South Africa’s Northern Cape. This is the first major transmission substation in the country to be developed entirely by an independent power producer (IPP). The MTS connects 1.5 GW of renewable energy to the national grid and forms part of the Koruson 1…
Author: PPD Team Date: January 12, 2026 The Ministry of Finance and the General Administration of Taxation of China have announced changes to the export value added tax (VAT) rebate policy for photovoltaic (PV) and battery products. Under the revised framework, export VAT rebates will be withdrawn for a range of PV products from 01 April 2026. For battery products, the export VAT rebate rate will be reduced from 9% to 6% from the same…
Author: PPD Team Date: March 4, 2025 Kosol Energie Private Limited has secured a Rs 4.85 billion contract for the engineering, procurement, and construction (EPC) package of the 100 MW Gujarat Solar PV Project – Phase XII under Gujarat Urja Vikas Nigam Limited (GUVNL). The Letter of Award (LoA) was issued on February 20, 2025. Coal India Limited (CIL) had invited bids for the project in September 2024. The contract requires Kosol Energie to take…
Author: PPD Team Date: February 6, 2026 Bajel Projects Limited announced its financial results for the third quarter and nine-month period ended December 31, 2025, reporting a sharp improvement in profitability. The company said the expansion in margins was driven by a strategic shift toward higher value and more complex power transmission projects. For the nine-month period of FY26, Bajel Projects Limited reported EBITDA of Rs 87 crore, up from Rs 63 crore in the…