Author: PPD Team Date: October 25, 2024
Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a letter of intent (LoI) to develop solar power projects with a total capacity of 9 MW under the company’s captive power producer (CPP) segment.
The projects are scheduled for completion in various tranches by May 2025.
Author: PPD Team Date: January 3, 2025 Northleaf Capital Partners has sold its majority stake in the 494 megawatts peak (MWp) Mula photovoltaic solar plant in Murcia, Spain, to China Three Gorges Spain, a subsidiary of the China Three Gorges Corporation. The deal, executed with minority partner Qualitas Energy, includes the sale of a 100% equity interest and is part of Northleaf’s value creation plan, yielding significant cash returns to investors. Mula Solar, one of…
Author: PPD Team Date: September 19, 2024 Ministry of Renewable Energy has received investment commitments totalling $386 billion from banks and financial institutions at the RE-Invest conference in Gandhinagar, Gujarat. These investments aim to help India double its clean electricity capacity by 2030, targeting 500 GW of non-fossil capacity. ReNew, a major renewable energy company pledged to expand its renewable capacity from 10 GW to 50 GW by 2030, with 10 GW dedicated to storage….
Author: PPD Team Date: May 22, 2025 Inox Green Energy Services Limited has signed agreements to provide operations and maintenance (O&M) services for 285 MWp of solar projects owned by two major renewable energy developers in India. The projects are located across multiple sites. With these additions, Inox Green’s solar O&M portfolio has grown to nearly 1 GW, achieved within a month of entering the solar segment. The company plans to expand this portfolio further…
Author: PPD Team Date: December 2, 2024 Power Mech Projects Limited won a contract from Adani Power Limited (APL) worth Rs 5,100 million for civil and mechanical construction works for the 1,600 MW Raipur (Raikheda) Ultra Super-Critical Thermal Expansion Project on November 29, 2024. The work is expected to be completed in 34 months. The plant is an Ultra Super-Critical expansion by adding 1,600 MW (2X800 MW) to existing 1,370 MW (2×685) Chhattisgarh (Raikheda) Coal…
Author: PPD Team Date: February 6, 2025 Tata Power is exploring small modular nuclear reactors (SMRs) following the government’s decision to allow private investment in the sector. CEO Praveer Sinha said the company is awaiting clarity on liability, technology, foreign partnerships, and fuel sourcing. SMR projects require stringent approvals, taking about 24 months, with construction lasting four to five years. India aims to expand its nuclear capacity from 8 GW to 20 GW by 2032….
Author: PPD Team Date: December 3, 2024 Sterling and Wilson Renewable Energy Ltd (SWREL) has secured a Rs 5.04 billion contract to develop a solar photovoltaic (PV) plant in Rajasthan. The project, awarded by an independent power producer, involves the supply, installation, and commissioning of a 305 MW AC / 396 MWp DC PV system.