Servotech Renewable secures 2.58 MW rooftop solar project
Author: PPD Team Date: October 14, 2025
Author: PPD Team Date: October 14, 2025
Servotech Renewable Power System Ltd. has received a contract for a 2.58 MW grid-connected rooftop solar project from the South Eastern Railway, Ranchi Division.Â
Under the agreement, Servotech will handle the complete execution of the on-grid rooftop solar PV system, including design, manufacturing, supply, installation, testing, and commissioning across multiple sites in the Ranchi Division.
Commenting on the development, Sarika Bhatia, Director of Servotech Renewable Power System Ltd., said the project underscores Indian Railways’ continued confidence in the company’s technical expertise. She added that Servotech will deploy its high-performance solar technology to support the South Eastern Railway’s clean energy transition and help set new benchmarks for sustainability in the transport sector.
The project strengthens Servotech’s association with Indian Railways and aligns with the rail network’s broader goal of achieving net-zero carbon emissions through renewable energy adoption.
Author: PPD Team Date: July 18, 2025 India’s investments in thermal electricity generation are projected to double to Rs 2.3 trillion over the next three years through FY 2027–28, according to CRISIL Ratings, reported by The Economic Times. This marks a sharp increase from the Rs 1.15 trillion invested in the previous three fiscal years. The uptick reflects rising power demand and the continued need for dependable base load capacity, particularly during peak periods and…
Author: PPD Team Date: December 10, 2024 PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited, has established a special purpose vehicle (SPV) named NER Expansion Transmission Limited. The SPV is tasked with developing the “North-Eastern Region Expansion Scheme-XXV Part-A (NERES-XXV Part-A).” The Ministry of Power has appointed PFCCL as the bid process coordinator to select a transmission service provider through a tariff-based competitive bidding process.Â
Author: PPD Team Date: February 17, 2025 Reliance Industries Ltd (RIL) has formally acquired a 100% equity stake in Lakadia B Power Transmission Limited (LPTL), a special purpose vehicle (SPV) established for the development of the transmission system for the Augmentation of Transformation Capacity at the 765/400 kV Lakadia Substation (S/s) in Gujarat-Part B. The acquisition follows the invitation of Request for Proposal (RFP) bids by REC Power Distribution Company Limited (REC PDCL) in September…
Author: PPD Team Date: August 29, 2025 Acme Solar Holdings Limited has approved a proposal to raise up to Rs 3,000 crore. The matter will be placed before shareholders at the company’s annual general meeting on 29 September 2025. The fundraising plan enables the company to raise an aggregate amount of up to Rs 3,000 crore in one or more tranches. The funds may be mobilised through the issuance of equity shares or equity-linked instruments,…
Author: PPD Team Date: February 6, 2026 Adani Energy Solutions Limited (AESL) announced on February 5, 2026, that it has delivered one crore smart electricity meters across India. The company said it is the first entity in the country, and possibly worldwide, to reach this scale. AESL also stated that its installation pace is the highest in the industry, with the next crore of meters planned for delivery in the coming financial year. AESL operates…
Author: PPD Team Date: September 9, 2025 Vikram Solar has received an order to supply 336 megawatts (MW) of solar modules to L&T Construction. The modules will be deployed at Khavda, Gujarat, where the company has supplied earlier projects as well. For this order, Vikram Solar will provide its Hypersol G12R modules built on N-type technology. The modules are designed with up to 80 per cent bifaciality, improved performance in high temperatures, and a year-on-year…