Author: PPD Team Date: January 6, 2025
SJVN Limited and the Government of Bihar (GoB) signed an MoU on December 31, 2024, to develop the 1,000 MW Hathidah-Durgawati Pumped Storage Project and other similar projects in Bihar.
The 1,000 MW (4×250 MW) Hathidah-Durgawati project will be built on the Durgawati River in Kaimur, Bihar, at an estimated cost of Rs 56,630 million.
Author: PPD Team Date: October 17, 2024 PFC Consulting Ltd (PFCCL) has formed a wholly-owned subsidiary, “Bikaner and Bhadla Transmission Complex Ltd,” to serve as the special purpose vehicle (SPV) for the project “Transmission system strengthening to facilitate evacuation of power from Bhadla/Bikaner Complex” aimed at evacuating renewable energy from Rajasthan to load centres in Delhi and Uttar Pradesh. The project, incorporated on October 15, 2024, is part of an ISTS scheme. PFCCL is overseeing…
Author: PPD Team Date: December 17, 2024 Sukhbir Agro Energy Limited (SAEL) is planning to establish 1,200 MW of renewable energy (RE) power projects in Andhra Pradesh. The project will be developed in two phases, with each phase consisting of 600 MW.
Author: PPD Team Date: December 26, 2024 Three companies secured contracts totalling 600 MW for the development of 1,000 MW Inter-State Transmission System (ISTS)-Connected Solar Power Projects under Tranche-XVIII. ReNew Solar Power Private Limited (ReNew Power Ventures Private Limited) won 250 MW with a tariff of Rs 3.04 per kWh. ACME Solar Holdings Private Limited secured 300 MW with a tariff of Rs 3.05 per kWh. Adani Renewable Energy Holding Twelve Limited (Adani Green Energy…
Author: PPD Team Date: May 19, 2025 Singapore-based VFlowTech has secured $20.5 million to scale its long-duration energy storage business in India. The funding round was led by Granite Asia, with participation from Antares Ventures, EDBI, MOL PLUS, PSA Ventures, and several existing investors including İnci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, SEEDS Capital, and Entrepreneurs First. The company plans to use the capital to deploy more vanadium redox flow batteries (VRFB) and upgrade…
Author: PPD Team Date: February 21, 2025 RenewSys has secured a contract to manufacture and supply 72.5 MWp of 590 Wp tunnel oxide passivated contact (TOPCon) glass-to-glass solar modules to Radiance Renewables. The deliveries are scheduled for completion by March 2025. RenewSys operates manufacturing facilities with an annual capacity of 2.5 GW for solar PV modules, 8 GW for encapsulants, 4 GW for backsheets, and an ongoing 2.3 GW expansion for PV cells. Its Hyderabad…
Author: PPD Team Date: September 12, 2024 ITI Limited has received an order worth Rs 3 billion from the Bihar Renewable Energy Development Authority (BREDA) to supply and install 100,000 solar street light systems under the Mukhyamantri Gramin Solar Street Light Yojana. The project will cover districts including Gopalganj, Siwan, Samastipur, Purnia, Araria, Gaya, Darbhanga, Patna, Katihar, and Khagaria. The Naini Plant of ITI Limited will manage the supply and installation, which will be supervised…