Author: PPD Team Date: December 10, 2024
Waaree Energies Limited has secured a 1 GW solar photovoltaic (PV) modules supply order from an Indian renewable energy company.
The customer is engaged in owning, developing, and operating renewable power projects across India.
The supply of these modules is planned for delivery during the financial years 2024-25 and 2025-26.
Author: PPD Team Date: February 24, 2025 PFC Consulting Limited (PFCCL) has incorporated Kakinada I Transmission Limited, a special purpose vehicle (SPV) for the development of the transmission system for proposed green hydrogen and green ammonia projects in the Kakinada area, Andhra Pradesh (Phase-I), on February 20, 2025. PFCCL has been designated as the bid process coordinator (BPC) for selecting a transmission service provider (TSP) through the tariff-based competitive bidding (TBCB) process. The transmission scheme…
Author: PPD Team Date: May 14, 2025 KEC International Limited, an infrastructure EPC company under the RPG Group, has secured new orders worth Rs 10.34 billion across its Transmission & Distribution (T&D), Civil, and Cables businesses. These contracts were announced on May 12, 2025. In the T&D segment, KEC won a STATCOM (Static Synchronous Compensator) project from a global Original Equipment Manufacturer (OEM) in India. This marks KEC’s first entry into the STATCOM segment, expanding…
Author: PPD Team Date: March 16, 2026 India’s total installed power capacity reached 524 GW at the end of February, according to official data, with non-fossil fuel sources exceeding 52% of the mix for the first time as solar additions outpaced other technologies. Data released by the Central Electricity Authority (CEA) showed that renewable energy, large hydro and nuclear together accounted for 275,468 MW, representing 52.57% of total installed capacity. This marginally exceeded fossil fuel…
Author: PPD Team Date: December 9, 2024 Bondada Engineering Limited has secured a Rs 1.08 billion work order from the Bihar Renewable Energy Development Agency (BREDA) for the design, supply, installation, testing, and commissioning of smart solar streetlight systems across rural Bihar. The project, under the Mukhyamantri Gramin Solar Streetlight Yojana, includes a five-year comprehensive maintenance contract and the integration of remote monitoring systems. The contract is to be completed within 18 months.
Author: PPD Team Date: October 16, 2025 The Securities and Exchange Board of India (Sebi) has uncovered insider trading worth over Rs 173 crore in shares of the Indian Energy Exchange (IEX) and barred eight people from the market after search operations last month. Sebi found that confidential details from Central Electricity Regulatory Commission (CERC) meetings on market coupling were leaked and used for trading. The regulator has sent its order to CERC for action….
Author: PPD Team Date: March 7, 2025 Apollo Green Energy Limited (AGEL) is set to develop 1,000 MW of renewable energy (RE) projects across India by 2028. The company will invest Rs 5 billion through its newly formed subsidiary, AGEL Renewable Energy Limited, which will focus on utility-scale solar power projects integrated with energy storage systems (ESS), including hydrogen-based solutions. The subsidiary will actively participate in large-scale government tenders and establish power purchase agreements (PPAs)…