Solar91 Cleantech secures BSE approval for Rs 1 billion SME IPO
Author: PPD Team Date: December 10, 2024
Author: PPD Team Date: December 10, 2024
Solar91 Cleantech has received approval from the Bombay Stock Exchange to proceed with its small medium enterprise (SME) initial public offering (IPO).
The IPO will involve the issuance of up to 5.43 million equity shares, targeting a fundraising of Rs 1 billion.
The proceeds will be used to support Solar91 Cleantech’s transition into an independent power producer and to expand its turnkey engineering, procurement, and construction services for renewable energy projects across India.
Author: PPD Team Date: January 30, 2026 The third day of India Energy Week 2026 in Goa concluded with a clear emphasis on aligning policy, technology, and investment to meet India’s rapidly expanding energy needs. Leaders from government, industry, and global institutions outlined a multi-faceted approach for a secure, resilient, and inclusive energy future. The discussions reinforced that India’s transition will be defined by a balanced and coordinated strategy. Bioenergy emerges as a strategic pillar…
Author: PPD Team Date: January 29, 2025 The EU will offer €30m ($31.4m) in emergency assistance to Moldova, including the separatist Transnistrian region, until 10 February 2025. The aid follows Russian gas supplier Gazprom’s failure to deliver natural gas, leaving over 350,000 people without electricity and heating. Moldova declared a 60-day national state of emergency starting 16 December 2024 due to expected gas cuts. The package will support electricity restoration and explore coal deliveries from…
Author: PPD Team Date: November 4, 2024 Leeward Renewable Energy (LRE) has announced the start of commercial operations at its 179MW White Wing Ranch solar project in Yuma County, Arizona. This project boosts LRE’s operating capacity to over 3.3GW and is the first large-scale installation of American-made First Solar Series 7 photovoltaic modules, known for enhanced efficiency and a lower carbon footprint. White Wing Ranch, spanning 1,400 acres, will supply renewable energy to the bulk…
Author: PPD Team Date: November 26, 2024 Eminent Electricity Distribution, a subsidiary of CESC under the RP-Sanjiv Goenka Group, has secured a letter of intent (LoI) to acquire 100 per cent equity in Chandigarh’s electricity distribution and retail supply company for Rs 8.71 billion. This marks a major step in the privatisation of power distribution in the union territory, following nearly three years of delays. CESC won the tender in 2021, emerging as the highest…
Author: PPD Team Date: October 16, 2024 The Ministry of Power (MoP) has launched the National Electricity Plan for transmission, targeting the transmission of 500 GW of renewable energy by 2030 and over 600 GW by 2032. The plan also addresses the need for 47 GW of battery energy storage systems and 31 GW of pumped storage plants. From 2022-23 to 2031-32, the plan aims to add over 191,000 circuit km of transmission lines and…
Author: PPD Team Date: September 26, 2025 NTPC Limited is preparing to acquire nuclear reactors in large numbers as part of India’s strategy to install 100 gigawatts (GW) of nuclear power capacity by 2047. The state-run utility expects to account for nearly one-third of this planned capacity. The company is considering high-capacity reactor units in the range of 700 MW to 1,730 MW. For NTPC, the shift toward nuclear generation forms part of its effort…