Author: PPD Team Date: November 12, 2024
Voltamp Transformers Limited has received a Letter of Intent (LoI) valued at Rs 2,633.3 million from Gujarat Energy Transmission Corporation Limited (GETCO) for the design, manufacturing, testing, and supply of various ratings of power transformers.Â
The project, awarded on November 5, 2024, is expected to be completed within 12 months.
Author: PPD Team Date: October 28, 2024 JSW Energy has emerged as the top bidder for KSK Mahanadi Power at an auction concluding on October 27, 2024. The Sajjan Jindal-led company offered Rs 159.85 billion to financial creditors, outbidding Adani Power, which had made a final offer of Rs 158.85 billion in the 10th round before opting out. JSW’s proposal includes a 26% equity stake for lenders and an additional Rs 1 billion for operational…
Author: PPD Team Date: September 1, 2025 Meenakshi Energy Limited (MEL), a subsidiary of Vedanta, has announced the full operationalisation of its 1,000 MW thermal power project in Tirupati, Andhra Pradesh. The commissioning was completed within two years of Vedanta’s acquisition of the asset through the insolvency process. The plant comprises two 350 MW units and two 150 MW units. The 150 MW units were stabilised earlier this year, followed by the commissioning of the…
Author: PPD Team Date: November 27, 2024 Orient Solar has announced plans to increase its production capacity from 800 MW to 2 GW by mid-2025. This expansion involves an investment of Rs 1.30 billion, covering capital expenditure, land, and building costs. The enhanced capacity will primarily support utility-scale solar projects (65%), with the remaining 35% allocated to commercial and industrial rooftop solar projects, as well as solar street lights and pumps.
Author: PPD Team Date: November 29, 2024 On 27 November 2024, NHPC signed a power sale agreement (PSA) with Uttar Pradesh Power Corporation Limited (UPPCL) for the supply of 1,280 MW of Firm and Dispatchable Renewable Energy (FDRE). The agreement, formalized in Lucknow, is part of the Ministry of New and Renewable Energy’s (MNRE) Renewable Energy Implementing Agency (REIA) scheme. FDRE combines renewable energy benefits with grid stability to ensure consistent dispatch and availability. Under…
Author: PPD Team Date: January 14, 2026 Waaree Renewable Technologies Limited has secured an order for a 25 MWac/35 MWp ground-mounted solar power project, involving engineering, procurement, and construction on a turnkey basis. The company informed the stock exchanges on 14 January 2026 under Regulation 30 of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015 (SEBI LODR Regulations). The project has been awarded by a domestic entity described as…
Author: PPD Team Date: February 4, 2025 Solex Energy Limited has successfully commissioned an 800 MW high-speed solar module manufacturing line in Surat, Gujarat. The facility produces n-Type TOPCon rectangular cell-based Tapi-R series modules, with capacities ranging from 585 Wp to 625 Wp. This production line operates 30% faster than other Indian facilities, increasing output efficiency and reducing lead times. Equipped with Artificial Intelligence (AI) and Automated Optical Inspection (AOI), the facility ensures enhanced quality…