Author: PPD Team Date: 30/10/2024
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.
TPCL will invest approximately Rs 8.3 billion in cash over multiple tranches during the next five years.
Author: PPD Team Date: 22/10/2024 JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy Limited, has acquired three special purpose vehicles (SPVs)—Hetero Wind Power Limited, Hetero Wind Power (Pennar) Private Limited, and Hetero Med Solutions Limited—from Hetero Labs Limited and Hetero Drugs Limited. These SPVs have a combined wind energy capacity of 125 MW. This acquisition aligns with JSW Neo Energy’s strategy to expand its renewable portfolio and supports its goal of achieving 10…
Author: PPD Team Date: 14/11/2024 Coal India Limited (CIL) has reported a net profit of Rs 62.75 billion for the quarter ending September 2024, marking a 22.04% decrease from Rs 80.49 billion in the same quarter last year. The company’s total income for the quarter stood at Rs 321.78 billion, down approximately 7.43% from Rs 347.60 billion in the corresponding period of the previous year.
Author: PPD Team Date: 18/12/2024 Waaree Energies Limited has received orders to supply solar photovoltaic (PV) modules for two projects totalling 398 MW. The orders, awarded by a prominent renewable power developer in India, include 298 MW and 149 MW of solar PV modules.
Author: PPD Team Date: 09/06/2025 Sembcorp Industries, through its subsidiary Sembcorp Green Infra Private Limited (SGIPL), has secured a 150 MW solar power project with a 300 MWh battery energy storage system (BESS) from SJVN Limited. The project will be developed on a build-own-operate basis. It is expected to start commercial operations within 24 months from the signing of a 25-year power purchase agreement (PPA). Funding will be arranged through a mix of internal resources…
Author: PPD Team Date: 19/09/2024 JSW Renew Energy Two, a subsidiary of JSW Energy, has commissioned the 300 MW wind power plant at Tuticorin, Tamil Nadu. The inter-state transmission system (ISTS) project, awarded by the Solar Energy Corporation of India (SECI) under Tranche-X, is the company’s first greenfield wind power plant for SECI. An additional 150 MW of wind capacity under SECI Tranche-X, located at Dharapuram, is also nearing completion, with 138 MW already operational….
Author: PPD Team Date: 03/04/2025 Trident Group commissioned an 11.02 MWp rooftop solar power project at its Budhni facility in Madhya Pradesh on March 29, 2025. The project, developed at Rs 280 million, includes capacities of 6.58 MWp and 4.44 MWp. With this addition, the total commissioned solar capacity at the Budhni facility has reached 51.92 MWp. This marks the second solar project commissioned in Madhya Pradesh in March. Earlier, NTPC Renewable Energy Limited (NTPC…