Author: PPD Team Date: 06/12/2024
Similar Posts
Lupin to acquire 42.61% stake in Sunsure Solarpark
Author: PPD Team Date: 21/09/2024 Lupin Limited has signed a share subscription and shareholders agreement with Sunsure Solarpark Seventeen Private Limited and Sunsure Energy Private Limited to acquire up to 42.61% of Sunsure Solarpark’s shares through an investment of Rs 105.53 million, completed in two stages. This investment will allow Lupin to source renewable energy for its Tarapur manufacturing site, reducing power costs and advancing its decarbonization goals. The transaction is expected to be finalized…
T&D contract updates: Apraava, KPIL, Hartek, and Coronet secure key orders
Author: PPD Team Date: 04/07/2025 Four major transmission and distribution (T&D) contracts were awarded this week across metering, substation, and grid modernisation segments. Here’s a summary of key developments: Apraava Energy wins Puducherry AMISP contract Apraava Energy Private Limited has secured a contract worth Rs 3.57 billion to serve as the Advanced Metering Infrastructure Service Provider (AMISP) for smart prepaid metering in Puducherry. The contract, awarded under the Revamped Distribution Sector Scheme (RDSS), was tendered…
Entrion Wind secures US patent for FRP monopile technology
Author: PPD Team Date: 12/11/2024 Norwegian offshore wind firm Entrion Wind has obtained a US patent for its fully restrained platform (FRP) monopile, marking the first of six patent applications filed by the company. The FRP monopile, designed for water depths up to 100m, is set for commercial launch in 2027 and promises improved economics over other foundation systems, featuring Entrion’s top mooring assembly (TMA) for enhanced stability and efficient installation. Entrion co-founder and VP…
Three bidders qualify for Rajasthan REZ Phase IV transmission project
Author: PPD Team Date: 08/11/2024 Three developers—Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, and Adani Energy Solutions Ltd (AESL)—have pre-qualified to open initial price bids for a key ISTS-TBCB project for renewable energy evacuation from Rajasthan. The project, titled “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part 4: 3.5 GW): Part A,” is coordinated by REC Power Development & Consultancy Ltd (RECPDCL), which expects to issue the letter of intent…
Gensol Engineering secures Rs 7.8 billion solar EPC order in Maharashtra
Author: PPD Team Date: 05/11/2024 Gensol Engineering Limited has won a Rs 7.8 billion turnkey engineering, procurement, and construction (EPC) contract from a major public sector utility in Maharashtra for a 150 MW ground-mounted solar PV plant. The project, slated for completion within 15 months, covers land acquisition, design, engineering, procurement, manufacturing, installation, testing, and commissioning, alongside infrastructure development to connect to the STU substation. The contract also includes three years of operation and maintenance…
Huawei signs deal to supply 4.5GWh battery storage in Philippines
Author: PPD Team Date: 26/12/2024 Huawei has signed an agreement with the Meralco Terra Solar project in the Philippines to supply a 4.5GWh battery energy storage system. This marks Huawei’s largest energy storage project, integrating containerized batteries, fire suppression systems, and advanced energy management solutions. The project, developed by SPNEC’s Terra Solar Philippines, includes a 3.5 GWp solar power facility across Bulacan and Nueva Ecija provinces. The first phase is scheduled for completion by February…
Lupin to acquire 42.61% stake in Sunsure Solarpark
Author: PPD Team Date: 21/09/2024 Lupin Limited has signed a share subscription and shareholders agreement with Sunsure Solarpark Seventeen Private Limited and Sunsure Energy Private Limited to acquire up to 42.61% of Sunsure Solarpark’s shares through an investment of Rs 105.53 million, completed in two stages. This investment will allow Lupin to source renewable energy for its Tarapur manufacturing site, reducing power costs and advancing its decarbonization goals. The transaction is expected to be finalized…
T&D contract updates: Apraava, KPIL, Hartek, and Coronet secure key orders
Author: PPD Team Date: 04/07/2025 Four major transmission and distribution (T&D) contracts were awarded this week across metering, substation, and grid modernisation segments. Here’s a summary of key developments: Apraava Energy wins Puducherry AMISP contract Apraava Energy Private Limited has secured a contract worth Rs 3.57 billion to serve as the Advanced Metering Infrastructure Service Provider (AMISP) for smart prepaid metering in Puducherry. The contract, awarded under the Revamped Distribution Sector Scheme (RDSS), was tendered…
Entrion Wind secures US patent for FRP monopile technology
Author: PPD Team Date: 12/11/2024 Norwegian offshore wind firm Entrion Wind has obtained a US patent for its fully restrained platform (FRP) monopile, marking the first of six patent applications filed by the company. The FRP monopile, designed for water depths up to 100m, is set for commercial launch in 2027 and promises improved economics over other foundation systems, featuring Entrion’s top mooring assembly (TMA) for enhanced stability and efficient installation. Entrion co-founder and VP…
Three bidders qualify for Rajasthan REZ Phase IV transmission project
Author: PPD Team Date: 08/11/2024 Three developers—Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, and Adani Energy Solutions Ltd (AESL)—have pre-qualified to open initial price bids for a key ISTS-TBCB project for renewable energy evacuation from Rajasthan. The project, titled “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part 4: 3.5 GW): Part A,” is coordinated by REC Power Development & Consultancy Ltd (RECPDCL), which expects to issue the letter of intent…
Gensol Engineering secures Rs 7.8 billion solar EPC order in Maharashtra
Author: PPD Team Date: 05/11/2024 Gensol Engineering Limited has won a Rs 7.8 billion turnkey engineering, procurement, and construction (EPC) contract from a major public sector utility in Maharashtra for a 150 MW ground-mounted solar PV plant. The project, slated for completion within 15 months, covers land acquisition, design, engineering, procurement, manufacturing, installation, testing, and commissioning, alongside infrastructure development to connect to the STU substation. The contract also includes three years of operation and maintenance…
Huawei signs deal to supply 4.5GWh battery storage in Philippines
Author: PPD Team Date: 26/12/2024 Huawei has signed an agreement with the Meralco Terra Solar project in the Philippines to supply a 4.5GWh battery energy storage system. This marks Huawei’s largest energy storage project, integrating containerized batteries, fire suppression systems, and advanced energy management solutions. The project, developed by SPNEC’s Terra Solar Philippines, includes a 3.5 GWp solar power facility across Bulacan and Nueva Ecija provinces. The first phase is scheduled for completion by February…
Lupin to acquire 42.61% stake in Sunsure Solarpark
Author: PPD Team Date: 21/09/2024 Lupin Limited has signed a share subscription and shareholders agreement with Sunsure Solarpark Seventeen Private Limited and Sunsure Energy Private Limited to acquire up to 42.61% of Sunsure Solarpark’s shares through an investment of Rs 105.53 million, completed in two stages. This investment will allow Lupin to source renewable energy for its Tarapur manufacturing site, reducing power costs and advancing its decarbonization goals. The transaction is expected to be finalized…
T&D contract updates: Apraava, KPIL, Hartek, and Coronet secure key orders
Author: PPD Team Date: 04/07/2025 Four major transmission and distribution (T&D) contracts were awarded this week across metering, substation, and grid modernisation segments. Here’s a summary of key developments: Apraava Energy wins Puducherry AMISP contract Apraava Energy Private Limited has secured a contract worth Rs 3.57 billion to serve as the Advanced Metering Infrastructure Service Provider (AMISP) for smart prepaid metering in Puducherry. The contract, awarded under the Revamped Distribution Sector Scheme (RDSS), was tendered…