GP Eco Solutions India Limited has secured a Letter of Intent (LoI) worth Rs 655.2 million from Synergy Wave System LLP. The order is for engineering, procurement, and construction (EPC) works for setting up 12.6 MW/16.38 MWp grid-connected solar power plants under the RESCO (Renewable Energy Service Company) model in Bareilly, Uttar Pradesh. The LoI…
Crescentia Technology Private Limited, the special purpose vehicle (SPV) of Bhagyanagar India Limited, has signed a 25-year power purchase agreement (PPA) with Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for setting up 65.7 MW of grid-connected solar power plants under the Renewable Energy Service Company (RESCO) model. The project will be developed under…
Ravindra Energy Limited (REL) received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up 44 MW of decentralized solar power projects in Maharashtra on January 16, 2025. The project involves the development of 44 MW across 15 substations of MSEDCL for feeder-level solarization under MSKVY 2.0, part of…
The Tripura Renewable Energy Development Agency (TREDA) has set a target of installing 10,895 solar-powered pumps for irrigation in rural farmlands under the PM KUSUM scheme. Of the target, 3,616 pumps have already been installed, providing irrigation to 7,232 acres of farmland and benefiting 3,616 marginal farmers. Work is underway for the installation of an…
Dakshin Gujarat Vij Company Limited (DGVCL) has issued Letters of Intent (LoIs) to four firms for the development of 127 MW decentralised solar power projects under component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program in Gujarat. Details of the firms and their respective projects: KPI Green Energy Limited: 51…
The Central Government has approved an additional 5,000 MW of decentralized solar power projects under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program in Rajasthan. This allocation supports the Rajasthan government’s vision of providing daytime electricity to farmers by 2027. The state received an additional quota following a representation…
The Board of Directors (BoD) of Kovalam Investment and Trading Company Limited has approved an investment for setting up decentralised solar power projects in Madhya Pradesh. The decentralised solar power projects would be set up under component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme of Madhya Pradesh Urja Vikas…
Carbon Minus Energy Private Limited has secured contracts worth Rs 39.6 billion from Maharashtra State Power Generation Corporation (MSPGCL) and Maharashtra State Electricity Distribution Company Limited (MSEDCL) for developing 904 MW of decentralized solar power projects across the state. Out of the total capacity, MSEDCL has awarded 730 MW, while MSPGCL has allocated 174 MW. …
The Haryana Renewable Energy Development Agency (HAREDA) has awarded contracts for the supply, installation, and commissioning of 17,458 solar water pumping systems under Component B of the PM KUSUM programme. Leading recipients include Shakti Pumps with 3,174 units, AVI Appliances with 2,811, and Oswal Pumps with 2,539. Other notable companies, such as Ethos Power, Rotomag…
India has crossed a major milestone in its renewable energy journey, with the nation’s total renewable energy capacity reaching 201.45 GW as of October 10, 2024, according to the Central Electricity Authority (CEA). When including the 8,180 MW of nuclear power, non-fossil fuel-based energy now accounts for nearly half of India’s total installed electricity generation…