Author: PPD Team Date: 16/09/2024
Sunsure Energy has signed a power purchase agreement (PPA) to provide 21 MW (31.5 MWp) of solar power to pharmaceutical giant Lupin. The power will be sourced from Sunsure’s 100 MW (150 MWp) solar plant in Solapur, Maharashtra, boosting renewable energy use across Lupin’s Tarapur facility.
Sunsure is also developing 500 MW of solar and wind energy parks in Maharashtra, with additional PPAs signed with companies such as KSB Pumps, Dabur, and Inox Air Products.
Author: PPD Team Date: 11/03/2025 The United States has ended a sanctions waiver that allowed Iraq to buy electricity from Iran, following President Donald Trump’s renewed “maximum pressure” policy on Tehran. The waiver, which expired on 8 March 2025, was initially introduced in 2018 after the US reimposed sanctions on Iran following its withdrawal from the nuclear deal. The US Department of State stated that the decision aims to prevent any financial relief for Iran….
Author: PPD Team Date: 18/10/2024 Netinium and Wirepas have announced a partnership to enable scalable and standardized smart metering solutions for utilities globally. The collaboration leverages Wirepas’ non-cellular 5G RF mesh connectivity, which utilizes license-exempt spectrum, and Netinium’s next-generation multi-vendor smart meter head-end system (HES). This partnership addresses the increasing demand for faster and more extensive data collection in smart metering, acting as a critical clearing point between energy systems and “behind-the-meter” assets. Wirepas’ decentralized…
Author: PPD Team Date: 07/07/2025 Rayzon Solar Private Limited has secured an engineering, procurement, and construction (EPC) contract for a 63 MW solar power project in Maharashtra. The project will add to the state’s renewable energy capacity and is expected to support local job creation during the construction phase. In another development, Ganesh Green Bharat Limited received an EPC contract worth Rs 242.81 million. The contract was awarded by Ram Taranga Solutions Private Limited on…
Author: PPD Team Date: 26/05/2025 The Delhi government has approved an additional subsidy of Rs 30,000 for installing 3 kW rooftop solar systems. This is over and above the Rs 78,000 subsidy provided by the central government under the PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), bringing the total subsidy support to Rs 108,000. Households installing such systems can expect average monthly savings of around Rs 4,200. As of March 26, 2025, about 3,476 households…
Author: PPD Team Date: 25/04/2025 Megha Engineering and Infrastructures Limited (MEIL) has secured a contract worth Rs 127,869.35 million for the engineering, procurement, and construction (EPC) of Kaiga Nuclear Power Plant Units 5 and 6. The contract was awarded by Nuclear Power Corporation of India Limited (NPCIL) on April 23, 2025. NPCIL had invited bids for the project in May 2023. The 1,400 MW nuclear project is being developed as Phase III of the Kaiga…
Author: PPD Team Date: 28/10/2024 Iberdrola has finalized the acquisition of an 88% stake in UK-based Electricity North West (ENW), valuing the entire company, including debt, at €5 billion ($5.4 billion). ENW serves approximately 5 million people across northwest England, including Manchester and the Lake District, managing 60,000 km of distribution networks. This acquisition is strategically significant for Iberdrola, as ENW is situated between the existing ScottishPower network regions in Scotland and areas in Merseyside…