India | News

Union Minister inaugurates 150-KW rooftop solar plant at GSI Hyderaba

By October 15, 2024October 15, 2024

Author: PPD Team Date: October 15, 2024

Union Minister for Coal and Mines, Shri G. Kishan Reddy, inaugurated a 150-kilowatt rooftop solar power plant at the Geological Survey of India Training Institute (GSITI) in Hyderabad.

The solar plant is expected to meet 75% of GSITI’s energy needs, saving Rs 3 million annually.

Global | News

Six nations join pledge to triple nuclear power by 2050 at COP29
By November 14, 2024November 14, 2024

Author: PPD Team Date: November 14, 2024 During the World Climate Action Summit at COP29, six countries—El Salvador, Kazakhstan, Kenya, Kosovo, Nigeria, and Türkiye—endorsed the global commitment to triple nuclear energy capacity by 2050, bringing the total to 31 signatory nations. Initiated by France with 20 countries at COP28, the pledge underscores nuclear energy’s critical role in limiting global warming to 1.5°C per the Paris Agreement. World Nuclear Association (WNA) Director-General Sama Bilbao y León…

Read More Six nations join pledge to triple nuclear power by 2050 at COP29
India | News

Sterlite Power secures Rs 12 billion in new orders in Q2FY25
By November 12, 2024November 12, 2024

Author: PPD Team Date: November 12, 2024 Sterlite Power announced new orders worth Rs 12 billion across its Global Products and Services (GPS) business in Q2FY25, bringing cumulative orders to Rs 27 billion for H1FY25. The GPS division focuses on high-performance, sustainable products and specialized EPC services. This quarter’s highlights included India’s first order for a 144-fiber count Optical Ground Wire (OPGW) cable from a state utility. In Q2FY25, Sterlite Power’s key order segments included:…

Read More Sterlite Power secures Rs 12 billion in new orders in Q2FY25
India | News | T&D

RECPDCL invites bids for three intra-state transmission projects in Maharashtra
By December 11, 2025December 10, 2025

Author: PPD Team Date: December 11, 2025 REC Power Development and Consultancy Limited has issued three Requests for Proposal to select Transmission Service Providers for new intra-state transmission projects in Thane, Raigad and Dhule. The projects will support rising electricity demand from data centres, industrial users and renewable energy development across Maharashtra. Each project will be awarded through tariff-based competitive bidding on a Build, Own, Operate and Transfer basis for 35 years. The first project…

Read More RECPDCL invites bids for three intra-state transmission projects in Maharashtra
India | News

TRIL and Ashoka Buildcon secure transmission and transformer contracts
By March 12, 2025March 12, 2025

Author: PPD Team Date: March 12, 2025 Transformers and Rectifiers India Limited (TRIL) has secured a Rs 2,720 million contract from Adani Group for the supply and manufacturing of transformers and reactors, along with related work. The project is expected to be completed by FY 2027. Ashoka Buildcon Limited has received a Letter of Acceptance (LoA) worth Rs 3,119.2 million (including GST) for the supply, erection, testing, commissioning (ETC), and civil work for the construction…

Read More TRIL and Ashoka Buildcon secure transmission and transformer contracts
India | Finance | News

Adani wins approval to acquire Jaiprakash Associates with Rs 14,535 crore plan
By November 21, 2025November 21, 2025

Author: PPD Team Date: November 21, 2025 The Adani Group has received lender approval to acquire Jaiprakash Associates after its resolution plan secured 89 percent of the vote from the Committee of Creditors. The offer was valued at Rs 14,535 crore and was preferred for its higher upfront cash component over competing proposals from Vedanta and Dalmia Cement. The Committee of Creditors assessed the final bids using an evaluation matrix, where Adani received the highest…

Read More Adani wins approval to acquire Jaiprakash Associates with Rs 14,535 crore plan
India | News

JSW acquires KWIPL, commissions first unit of Kutehr hydro project
By August 5, 2025August 5, 2025

Author: PPD Team Date: August 5, 2025 JSW Energy Limited, as per its recent announcements, has acquired a 51 per cent stake in KSK Water Infrastructures Private Limited (KWIPL) and commissioned the first unit of its 240 MW Kutehr hydroelectric project in Himachal Pradesh. The KWIPL transaction was completed under a settlement plan approved by the National Company Law Tribunal (NCLT), Hyderabad Bench. JSW Energy paid Rs 962 crore to KWIPL’s lenders, acquiring a majority…

Read More JSW acquires KWIPL, commissions first unit of Kutehr hydro project

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