Author: PPD Team Date: November 28, 2024
Waaree Renewable Technologies Ltd. has received a term sheet to execute the Engineering, Procurement, and Construction (EPC) of a 2012.47 MWp DC ground-mounted solar photovoltaic project.
The project is valued at approximately Rs 12.33 billion, excluding levies.
Author: PPD Team Date: September 26, 2025 Bharat Heavy Electricals Limited (BHEL) has informed that the Department of Investment and Public Asset Management (DIPAM) did not approve the proposed joint venture (JV) with REC Power Development and Consultancy Limited (RECPDCL). The board communicated this decision in its meeting on September 25, 2025, following a previous clarification issued on May 10, 2025. The JV, initially announced in March 2024, was intended to develop utility-scale renewable energy…
Author: PPD Team Date: January 8, 2025 EMO Energy has secured $6.2 million in its Series A funding round, led by Subhkam Ventures with participation from Transition VC. The funds will be used to scale the company’s advanced battery solutions for electric vehicles (EVs) and energy storage systems. The company plans to deploy its services across 100,000 two- and three-wheeler vehicles over the next two years and roll out 1 GWh of energy storage systems. …
Author: PPD Team Date: December 18, 2024 NHPC has partnered with BEML to explore opportunities for developing desilting and dredging solutions for hydroelectric power plants. These solutions will also help mitigate urban waterlogging during monsoons by clearing canals and culverts and support dredging operations in inland waterways, coastal areas, ponds, and lakes. The companies have signed a memorandum of understanding (MoU) for strategic cooperation in this area. Upon successful implementation in pilot projects, the solutions…
Author: PPD Team Date: December 9, 2025 The Minister of Power Shri Manohar Lal launched the Strategic Expansion for Long Term Load Adequacy and Resilience tool developed by the Central Electricity Authority. He said that Artificial Intelligence and Machine Learning will be central to building consumer-focused, self-optimising and reliable distribution networks. He was speaking at the two-day National Conference on AI and ML in the power distribution sector at Bharat Mandapam in New Delhi. He…
Author: PPD Team Date: March 17, 2025 Gensol Engineering Limited has approved fundraising of up to Rs 6 billion to strengthen its balance sheet and move towards a zero net-debt position. The company plans to raise Rs 4 billion through foreign currency convertible bonds (FCCBs) and Rs 2 billion via warrants issued to promoters. Alongside the fundraise, Gensol is divesting assets, including vehicle sales and the sale of a subsidiary, to further enhance financial stability….
Author: PPD Team Date: July 17, 2025 The Supreme Court has ruled in favour of the Himachal Pradesh government in its dispute with JSW Hydro Energy over free power supply, allowing the state to demand 18% of generated electricity without charge, reported CNBC. This overturns a previous Himachal Pradesh High Court order that had limited the free power share to 13%, based on Central Electricity Regulatory Commission (CERC) tariff regulations. JSW Hydro Energy, a subsidiary…