Author: PPD Team Date: December 4, 2024
Solar Industries India and its subsidiary have secured export orders worth Rs 20.39 billion for the supply of defence products to international clients.
The deliveries will span four years.
In November, the company received another export order valued at Rs 3.99 billion from an overseas customer, to be fulfilled within three years.
Author: PPD Team Date: February 10, 2025 ACME Solar Holdings Private Limited has signed an agreement with Grew Energy Private Limited to develop a solar power project in Bikaner, Rajasthan. The project will utilize GREW Solar’s Topcon solar modules, manufactured at its 3 GW facility near Dudu, Jaipur. Both companies aim to expand their collaboration in the renewable energy sector.
Author: PPD Team Date: September 3, 2025 Saatvik Green Energy Limited has received a letter of award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the installation of 1,500 solar water pumping systems under the Magel Tyala Saur Krishi Pump Yojana (MTSKPY) and the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) Component B Scheme for 2025–2026. The project will be executed across multiple districts in Maharashtra and will include solar submersible pump…
Author: PPD Team Date: December 3, 2024 Sterling Tools has formed a partnership with Zhejiang Meishuo Electric Technology to manufacture latching relays in India, aiming for Rs 2 billion in revenue by FY2030. A new facility will be established in Bengaluru with an initial investment of Rs 200 million, spearheaded by its subsidiary, Sterling Tech-Mobility. The collaboration focuses on producing advanced latching relays for power transmission, smart metering systems, and consumer appliances. These energy-efficient electromechanical…
Author: PPD Team Date: February 5, 2025 The Committee of Directors (CoD) on investment of projects of Power Grid Corporation of India Limited (PGCIL) accorded investment approval for the Transmission System for Offshore Wind Zone Phase-1 (500 MW VGF off the coast of Gujarat for Subzone B3) and the Additional Transmission System proposed for redundant power supply area to Dholera area on February 3, 2025. The estimated costs of the projects are Rs 3.19 billion…
Author: PPD Team Date: January 16, 2025 China has unveiled plans to develop space-based solar stations, aiming to collect energy unaffected by weather or night cycles. The project involves installing a 1 km-wide solar array in geostationary orbit, 36,000 km above Earth. Senior scientist Long Lehao compared the initiative to the Three Gorges Dam in orbit, highlighting its potential to generate yearly energy comparable to Earth’s total recoverable oil reserves. The stations would ensure continuous…
Author: PPD Team Date: February 2, 2025 Official extract from finance minister Nirmala Sitharaman’s budget speech 1. Nuclear Energy: Scaling Capacity and Private Partnerships The Budget prioritizes nuclear energy as a cornerstone of India’s long-term energy transition. Finance Minister Nirmala Sitharaman stated: “Development of at least 100 GW of nuclear energy by 2047 is essential for our energy transition efforts. For an active partnership with the private sector towards this goal, amendments to the Atomic Energy Act and the Civil…