Author: PPD Team Date: 26/11/2024
Waaree Energies Limited has secured an order to supply up to 600 MWp of solar photovoltaic (PV) modules to a leading Indian renewable energy developer.
The delivery of these high-efficiency modules is scheduled to commence in the fiscal year 2025–2026.
Recently, Waaree secured a 180 MWp module supply agreement.
Author: PPD Team Date: 22/01/2025 Jupiter International Limited has received an order worth over Rs 30 million from the West Bengal Khadi & Village Industries Board (WBKVIB). The project involves the supply, installation, and maintenance of rooftop grid-connected solar photovoltaic (PV) power plants across 23 locations in West Bengal. The total capacity will be approximately 0.5 MW. The project is expected to be completed within 365 days from the start date.
Author: PPD Team Date: 29/10/2024 Shilchar Technologies has completed a capacity expansion at its transformer manufacturing facility in Gavasad, Vadodara district, Gujarat. The facility’s capacity grew by 3,500 MVA in August 2024, reaching a total of 7,500 MVA annually, effective from October 1, 2024 (H2FY25). Senior management highlighted that the company is fully prepared to maximize this expanded capacity. Shilchar’s order book currently stands at approximately Rs 4.5 billion, expected to be executed over the…
Author: PPD Team Date: 04/11/2024 The Andhra Pradesh government has announced plans to set up Renewable Energy Zones (REZs) and a dedicated university for green energy and circular economy as part of its Integrated Clean Energy Policy (ICEP). These initiatives aim to attract large-scale investments and foster clean energy production within the state. The state will provide Viability Gap Funding (VGF) to support ultra-modern green energy power plants and has set a 20% capital subsidy…
Author: PPD Team Date: 28/10/2024 The Rajasthan government has introduced the Rajasthan Investment Promotion Scheme (RIPS) to enhance renewable energy investments, tapping into its potential of 24.22 GW in solar energy and 5.19 GW in wind energy. Under RIPS, enterprises investing in solar, wind, hybrid, and energy storage projects, including battery energy storage systems and biomass, receive various incentives. The scheme offers a 100 per cent subsidy on cross-subsidy and additional surcharges for renewable energy…
Author: PPD Team Date: 19/09/2024 Qatar Investment Authority (QIA), with assets valued at $475 billion, is looking to increase its stake in Spain’s leading utility company, Iberdrola, from 8.8% to over 10%, according to local Spanish media reports. This move would further solidify QIA’s position as Iberdrola’s largest shareholder, surpassing BlackRock (5.395%) and Norges (3.115%). QIA began its investment in Iberdrola in 2011 with a 6.16% stake, peaking at 9.7% in 2017. Any increase in…
Author: PPD Team Date: 01/10/2024 Power Grid Corporation of India Ltd (PGCIL) has entered into a shareholder agreement with state transmission utility Rajasthan Rajya Vidyut Prasaran Ltd (RVPNL) to establish a joint venture (JV) company. As per a stock exchange filing, PGCIL will hold a 74% equity stake in the JV, while RVPNL will own the remaining 26%. The proposed JV aims to execute projects valued at up to Rs 10 billion in a phased…
Author: PPD Team Date: 22/01/2025 Jupiter International Limited has received an order worth over Rs 30 million from the West Bengal Khadi & Village Industries Board (WBKVIB). The project involves the supply, installation, and maintenance of rooftop grid-connected solar photovoltaic (PV) power plants across 23 locations in West Bengal. The total capacity will be approximately 0.5 MW. The project is expected to be completed within 365 days from the start date.
Author: PPD Team Date: 29/10/2024 Shilchar Technologies has completed a capacity expansion at its transformer manufacturing facility in Gavasad, Vadodara district, Gujarat. The facility’s capacity grew by 3,500 MVA in August 2024, reaching a total of 7,500 MVA annually, effective from October 1, 2024 (H2FY25). Senior management highlighted that the company is fully prepared to maximize this expanded capacity. Shilchar’s order book currently stands at approximately Rs 4.5 billion, expected to be executed over the…
Author: PPD Team Date: 04/11/2024 The Andhra Pradesh government has announced plans to set up Renewable Energy Zones (REZs) and a dedicated university for green energy and circular economy as part of its Integrated Clean Energy Policy (ICEP). These initiatives aim to attract large-scale investments and foster clean energy production within the state. The state will provide Viability Gap Funding (VGF) to support ultra-modern green energy power plants and has set a 20% capital subsidy…
Author: PPD Team Date: 28/10/2024 The Rajasthan government has introduced the Rajasthan Investment Promotion Scheme (RIPS) to enhance renewable energy investments, tapping into its potential of 24.22 GW in solar energy and 5.19 GW in wind energy. Under RIPS, enterprises investing in solar, wind, hybrid, and energy storage projects, including battery energy storage systems and biomass, receive various incentives. The scheme offers a 100 per cent subsidy on cross-subsidy and additional surcharges for renewable energy…
Author: PPD Team Date: 19/09/2024 Qatar Investment Authority (QIA), with assets valued at $475 billion, is looking to increase its stake in Spain’s leading utility company, Iberdrola, from 8.8% to over 10%, according to local Spanish media reports. This move would further solidify QIA’s position as Iberdrola’s largest shareholder, surpassing BlackRock (5.395%) and Norges (3.115%). QIA began its investment in Iberdrola in 2011 with a 6.16% stake, peaking at 9.7% in 2017. Any increase in…
Author: PPD Team Date: 01/10/2024 Power Grid Corporation of India Ltd (PGCIL) has entered into a shareholder agreement with state transmission utility Rajasthan Rajya Vidyut Prasaran Ltd (RVPNL) to establish a joint venture (JV) company. As per a stock exchange filing, PGCIL will hold a 74% equity stake in the JV, while RVPNL will own the remaining 26%. The proposed JV aims to execute projects valued at up to Rs 10 billion in a phased…
Author: PPD Team Date: 22/01/2025 Jupiter International Limited has received an order worth over Rs 30 million from the West Bengal Khadi & Village Industries Board (WBKVIB). The project involves the supply, installation, and maintenance of rooftop grid-connected solar photovoltaic (PV) power plants across 23 locations in West Bengal. The total capacity will be approximately 0.5 MW. The project is expected to be completed within 365 days from the start date.
Author: PPD Team Date: 29/10/2024 Shilchar Technologies has completed a capacity expansion at its transformer manufacturing facility in Gavasad, Vadodara district, Gujarat. The facility’s capacity grew by 3,500 MVA in August 2024, reaching a total of 7,500 MVA annually, effective from October 1, 2024 (H2FY25). Senior management highlighted that the company is fully prepared to maximize this expanded capacity. Shilchar’s order book currently stands at approximately Rs 4.5 billion, expected to be executed over the…