Author: PPD Team Date: 29/11/2024
THDC India Limited has initiated draft tube erection work in Unit 2 of the Vishnugad Pipalkoti Hydro Electric Project (HEP).
The project, with a total capacity of 444 MW, is situated on the Alaknanda River near Helong village in Uttarakhand. It is expected to be commissioned by December 2026.
Author: PPD Team Date: 22/05/2025 Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve both domestic and captive demand. The manufacturing unit will cater exclusively to the Indian market…
Author: PPD Team Date: 05/12/2024 Amarenco has secured €500 million in international debt financing from a consortium of lenders, including Intesa Sanpaolo Bank Luxembourg, Rabobank, Santander Corporate & Investment Banking, and Berenberg. The funds will support the construction of solar projects in Spain, Portugal, Ireland, and Austria, as well as refinance existing debt. The agreement includes a €150 million accordion facility, designed to enhance Amarenco’s operational capacity, reduce financial risk, and improve project execution timelines. …
Author: PPD Team Date: 19/08/2024 Gautam Solar is set to expand its footprint in South India by launching TOPCon solar modules from its newly established warehouses in Karnataka and Kerala. These advanced facilities are designed to ensure efficient distribution and easy accessibility of high-quality solar panels across key locations in Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh. The initiative targets project developers, EPC companies, and system integrators in the region. These locally produced solar panels,…
Author: PPD Team Date: 02/06/2025 The Ministry of New and Renewable Energy (MNRE) has invited proposals under the “Innovative Projects” component of the PM Surya Ghar: Muft Bijli Yojana. The call aims to support new technologies and business models that advance rooftop solar (RTS) adoption across India. The deadline for proposal submission is 29 July 2025. The National Institute of Solar Energy (NISE) will act as the implementation agency. It will oversee project progress, fund…
Author: PPD Team Date: 19/12/2024 Gensol Engineering Limited has won an EPC contract worth Rs 880 million from a steel products company to develop 22 MW solar photovoltaic (PV) power projects in Punjab. The contract was awarded on December 18, 2024 and is scheduled for completion within six months.
Author: PPD Team Date: 31/12/2024 REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, has transferred two Special Purpose Vehicles (SPVs) as part of the Rajasthan Renewable Energy Zone (REZ) Phase IV power evacuation projects. The first SPV, Rajasthan IV 4A Power Transmission Limited, was transferred to Power Grid Corporation of India Limited (PGCIL), for the development of “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part 4: 3.5 GW):…
Author: PPD Team Date: 22/05/2025 Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve both domestic and captive demand. The manufacturing unit will cater exclusively to the Indian market…
Author: PPD Team Date: 05/12/2024 Amarenco has secured €500 million in international debt financing from a consortium of lenders, including Intesa Sanpaolo Bank Luxembourg, Rabobank, Santander Corporate & Investment Banking, and Berenberg. The funds will support the construction of solar projects in Spain, Portugal, Ireland, and Austria, as well as refinance existing debt. The agreement includes a €150 million accordion facility, designed to enhance Amarenco’s operational capacity, reduce financial risk, and improve project execution timelines. …
Author: PPD Team Date: 19/08/2024 Gautam Solar is set to expand its footprint in South India by launching TOPCon solar modules from its newly established warehouses in Karnataka and Kerala. These advanced facilities are designed to ensure efficient distribution and easy accessibility of high-quality solar panels across key locations in Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh. The initiative targets project developers, EPC companies, and system integrators in the region. These locally produced solar panels,…
Author: PPD Team Date: 02/06/2025 The Ministry of New and Renewable Energy (MNRE) has invited proposals under the “Innovative Projects” component of the PM Surya Ghar: Muft Bijli Yojana. The call aims to support new technologies and business models that advance rooftop solar (RTS) adoption across India. The deadline for proposal submission is 29 July 2025. The National Institute of Solar Energy (NISE) will act as the implementation agency. It will oversee project progress, fund…
Author: PPD Team Date: 19/12/2024 Gensol Engineering Limited has won an EPC contract worth Rs 880 million from a steel products company to develop 22 MW solar photovoltaic (PV) power projects in Punjab. The contract was awarded on December 18, 2024 and is scheduled for completion within six months.
Author: PPD Team Date: 31/12/2024 REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, has transferred two Special Purpose Vehicles (SPVs) as part of the Rajasthan Renewable Energy Zone (REZ) Phase IV power evacuation projects. The first SPV, Rajasthan IV 4A Power Transmission Limited, was transferred to Power Grid Corporation of India Limited (PGCIL), for the development of “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part 4: 3.5 GW):…
Author: PPD Team Date: 22/05/2025 Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve both domestic and captive demand. The manufacturing unit will cater exclusively to the Indian market…
Author: PPD Team Date: 05/12/2024 Amarenco has secured €500 million in international debt financing from a consortium of lenders, including Intesa Sanpaolo Bank Luxembourg, Rabobank, Santander Corporate & Investment Banking, and Berenberg. The funds will support the construction of solar projects in Spain, Portugal, Ireland, and Austria, as well as refinance existing debt. The agreement includes a €150 million accordion facility, designed to enhance Amarenco’s operational capacity, reduce financial risk, and improve project execution timelines. …