Author: PPD Team Date: January 23, 2025
The Government of Telangana has signed a Memorandum of Understanding (MoU) with Megha Engineering and Infrastructures Limited (MEIL) to establish a 2,160 MW Pumped Storage Project (PSP) in the state.
The project entails an investment of Rs.110 billion and is expected to boost the state’s renewable energy capacity and infrastructure. The MoU was signed on January 21, 2025.
Author: PPD Team Date: July 29, 2025 Neyveli Uttar Pradesh Power Limited (NUPPL) has synchronised Unit-2 (660 MW) of the 1,980 MW Ghatampur Thermal Power Project with the 765 kV grid, according to a company press release dated July 20. The achievement brings NUPPL a step closer to declaring commercial operations and delivering 31.68 million units of power from this unit. NUPPL is a joint venture between NLC India Limited (51 per cent) and Uttar…
Author: PPD Team Date: March 13, 2025 AmpereHour Energy has raised USD 5 million (Rs 436 million) in a Series A funding round led by climate-focused fund Avaana Capital, with participation from UC Impower and existing angel investors. The company plans to use the capital to expand its manufacturing and software capabilities, strengthen research and development, and enhance product development. Additionally, AmpereHour Energy is allocating funds for geographical expansion, with ongoing projects in Oman and…
Author: PPD Team Date: May 8, 2025 Seshasayee Paper and Boards will source 39 MW of renewable energy from a wind-solar hybrid project being developed by Ganeko Solar in Tamil Nadu. The project will include 33 MW of solar and 6 MW of wind capacity. The hybrid facility will be developed under a special purpose vehicle (SPV) named Navia One Power. Seshasayee Paper will invest Rs 165.6 million to acquire up to 28.1 per cent…
Author: PPD Team Date: December 20, 2024 Adani Energy Solutions Limited (AESL) incorporated Adani Energy Solutions Step-Ten Limited (AESSTL) on December 18, 2024. The special purpose vehicle (SPV) will focus on the transmission, distribution, and supply of power, along with other infrastructure services.
Author: PPD Team Date: June 11, 2025 The Ministry of Power (MoP) has approved the establishment of three new 800 MW thermal power plants (TPPs) in Punjab. The decision was announced on June 6, 2025, following a meeting of northern power ministers. The expansion adds up to 2,400 MW of fresh capacity. Two of the three units will be located at the existing Ropar thermal power site. Punjab had earlier requested an increase in capacity…
Author: PPD Team Date: February 18, 2026 The Ministry of New and Renewable Energy (MNRE) has extended timelines for meeting domestic sourcing requirements for specific wind turbine bearings under the Approved List of Models and Manufacturers (ALMM). The decision covers main bearings, yaw bearings and pitch bearings, citing supply chain constraints. In an office memorandum dated February 16, 2026, MNRE revised its earlier July 31, 2025, directive that mandated domestic procurement of special bearings for…