Sun Drops Energia secures 62.2 MW solar project orders
Author: PPD Team Date: January 17, 2025
Author: PPD Team Date: January 17, 2025
Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received orders to develop 62.2 MW of solar power projects under the captive power producer (CPP) business segment.
The projects are aligned with the distributed renewable energy bilateral purchase policy and the Gujarat Renewable Energy Policy 2023. They are set to be completed in phases by the financial year 2025-26 as per the agreements.
Author: PPD Team Date: February 12, 2025 The joint venture (JV) between bp and Iberdrola España has commenced construction of a 25 MW green hydrogen plant in Spain. The initial phase includes earthworks and the development of a 20,000 square meter plot of land next to the bp refinery in Castellón. The first major equipment, including electrolysers, will arrive and be installed in the second half of 2025. These electrolysers will produce green hydrogen by…
Author: PPD Team Date: February 19, 2025 Dynolt Technologies has raised $1.7 million in a seed funding round led by Transition VC, with additional investment from angel investor Yashowardhan Shah. The funding will be used to expand its high-power charger product line using wide bandgap semiconductors for fast charging stations. Additionally, the company plans to enter the solar and hydrogen sectors with high-frequency inverters and DC-DC converters. Dynolt, founded in 2022 and headquartered in Bengaluru,…
Author: PPD Team Date: September 11, 2025 The Central Power Research Institute (CPRI), under the Ministry of Power, has inaugurated a Regional Testing Laboratory in Nashik to strengthen testing and certification infrastructure for the power sector. The Nashik laboratory will provide testing services for transformers, energy meters, smart meters, and transformer oil. It is expected to reduce turnaround time for certification, support utilities in procurement, and enhance quality assurance in the western region. The facility…
Author: PPD Team Date: May 5, 2025 GE Vernova T&D India Limited has secured a major contract from Power Grid Corporation of India Limited (PGCIL). Announced on May 1, 2025, the contract covers the supply of over 70 extra high voltage (EHV) transformers and shunt reactors. The scope includes supply, erection, testing, and commissioning of equipment across various transmission projects. These projects will be implemented under the tariff based competitive bidding (TBCB) route. Manufacturing will…
Author: PPD Team Date: October 3, 2025 Rays Power Infra has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise up to Rs 11.5 billion through an initial public offering (IPO). The IPO will comprise a fresh equity issue of Rs 9 billion and an offer-for-sale of up to Rs 2.5 billion by promoters and a shareholder. According to the DRHP, Rs 5 billion from the…
Author: PPD Team Date: November 28, 2025 Laser Power and Infra Ltd has announced three new project mandates worth Rs 836 crore under the Revamped Distribution Sector Scheme (RDSS). The orders were placed by NTPC and two state discoms and will support system strengthening and loss reduction efforts in Uttar Pradesh, Jammu and Kashmir, and Rajasthan. The largest mandate comes from Kanpur Electricity Supply Company in Uttar Pradesh, valued at Rs 422.11 crore. The company…