Sterling and Wilson emerges L1 bidder for solar project in Gujarat
Author: PPD Team Date: August 19, 2025
Author: PPD Team Date: August 19, 2025
Sterling and Wilson Renewable Energy Limited (SWREL) has been declared the lowest (L1) bidder for a turn-key engineering, procurement, and construction (EPC) contract of 245 MW (AC) solar capacity in Gujarat.
The company said its gross order inflows, including L1 positions, have crossed Rs 2,000 crore in 2025. SWREL added that domestic demand remains strong and that EPC activity is expected to expand further.
SWREL’s portfolio stands at over 22.8 GWp of projects commissioned or under development. The company also manages 9.3 GWp of solar projects under operations and maintenance, including projects built by other developers.
Author: PPD Team Date: November 21, 2024 NTPC has outlined an ambitious plan to invest Rs 5 trillion in green energy by 2030, led by its renewable energy subsidiary, NTPC Green Energy Ltd. (NGEL). To support its projects, NGEL is set to launch an initial public offering (IPO) worth Rs 100 billion, focusing on renewable energy generation, green hydrogen, sustainable fuels, and energy storage. The company aims to add 60 GW of renewable energy capacity…
Author: PPD Team Date: October 1, 2025 Adani Green Energy Limited (AGEL) has brought 408.1 MW of renewable energy projects into operation at Khavda, Gujarat, through its step-down subsidiaries. With this addition, AGEL’s total operational renewable generation portfolio now stands at 16,486.1 MW. The projects were cleared for commissioning on 30 September 2025, and generation began on the same day. The commissioned projects include 87.5 MW of solar by Adani Renewable Energy Fifty Six Limited,…
Author: PPD Team Date: January 6, 2025 Telangana aims to add 20,000 MW to its existing renewable energy generation and storage capacity by 2030, Deputy Chief Minister Mallu Bhatti Vikramarka announced. The state will focus on Standalone Renewable Energy Projects, floating solar, Waste to Energy, and Green Hydrogen to achieve this goal. The current renewable energy capacity stands at 11,399 MW, including 7,889 MW from solar energy. With major infra projects underway, peak electricity demand…
Author: PPD Team Date: June 5, 2025 Adani Saur Urja (KA) Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated a new entity—Adani Hydro Energy Ten Limited (AHE10L). The new company will support AGEL’s growing renewable energy portfolio across India. AHE10L has been set up to undertake the generation, development, transformation, distribution, transmission, and sale of power from renewable energy sources. These include wind, solar, and other non-fossil fuel-based technologies. The…
Author: PPD Team Date: October 24, 2025 European alternative asset manager EQT has decided to retain its India operations of renewable developer Zelestra, transferring the business to its Asia Pacific infrastructure team led by Hong Kong-based partner Ken Wong, according to a report by Mint. This marks a shift from its earlier plan to sell Zelestra India. As part of the new strategy, EQT will invest around $600 million to expand and develop Zelestra India’s…
Author: PPD Team Date: September 19, 2024 Norwegian energy company Scatec has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company for a 1 GW solar and 100 MW/200 MWh battery storage project in Egypt. The 25-year, USD-denominated agreement marks Egypt’s first hybrid solar and battery energy storage system. Scatec will manage the engineering, procurement, and construction, along with asset management, operations, and maintenance services. The company aims to secure concessional financing…