Author: PPD Team Date: October 30, 2024
Tata Power Company Limited (TPCL) has signed a share purchase agreement to acquire a 40% equity stake in Khorlochhu Hydro Power Limited (KHPL) for the development of a 600 MW hydropower project in Bhutan, valued at Rs 69 billion.Â
TPCL will invest approximately Rs 8.3 billion in cash over multiple tranches during the next five years.
Author: PPD Team Date: January 15, 2026 Adani Energy Solutions Limited (AESL) has released its provisional operational update for the third quarter of fiscal year 2026 (Q3 FY26), reporting a sharp expansion in its transmission order book, stable network performance, and steady progress in its smart metering business. During the quarter, AESL secured the KPS III Khwada South Olpad High Voltage Direct Current (HVDC) project, taking its total transmission order book to Rs 77,787 crore….
Author: PPD Team Date: January 12, 2026 Waaree Energies Limited has reported the receipt of a new domestic supply order for solar modules. The company received the order on 8 January 2026 from a domestic customer engaged in owning, developing, and operating renewable power projects in India. The order involves the one time supply of 105 MW of solar modules. Waaree Energies stated that the supply is scheduled to be completed within the Financial Year…
Author: PPD Team Date: July 8, 2025 At its 30th meeting, the National Committee on Transmission (NCT) approved high-voltage direct current (HVDC) technology to evacuate 6 GW of solar power from Barmer in Rajasthan to South Kalamb in Maharashtra. The committee rejected battery energy storage system (BESS) as an alternative following a cost analysis by the Central Transmission Utility of India Ltd (CTUIL). The proposal had been under discussion for months as the Central Electricity…
Author: PPD Team Date: November 29, 2024 Vestas has received a firm order from RWE for the 900 MW Nordseecluster B offshore wind project in the German North Sea. The project will feature 60 V236-15.0 MW wind turbines, with Vestas responsible for their supply, delivery, commissioning, and a 5-year service agreement followed by long-term operational support. The Nordseecluster is being developed in two phases. The first phase, the 660 MW Nordseecluster A, consisting of 44…
Author: PPD Team Date: November 17, 2025 Transformers and Rectifiers India Limited has informed stock exchanges that it is no longer on the World Bank list of debarred entities. The update follows an earlier notice in which the company was declared ineligible for World Bank funded projects linked to an old Nigeria supply contract. The World Bank has now given the company time until January 12, 2026 to file a detailed response. The case, identified…
Author: PPD Team Date: February 18, 2026 Gujarat-based Powertrac Group has invested Rs 600 crore to set up a 1,000 MWh per annum containerised Battery Energy Storage System (BESS) manufacturing facility in India. The company joins firms such as Hoymiles and Pace Digitek that have recently entered the containerised BESS segment. Divyarajsinh Zala, Managing Director (MD) of Powertrac Group, announced the development in a social media post. He stated that the company is shifting its…