Waaree Energies inaugurates 5.4 GW solar cell plant in Gujarat
Author: PPD Team Date: April 1, 2025
Author: PPD Team Date: April 1, 2025
Waaree Energies Limited has inaugurated a 5.4 GW solar cell manufacturing facility in Chikhli, Gujarat. Spanning 150 acres, with a built-up area of 101 acres, the plant is equipped with high-efficiency solar cell technology to strengthen India’s domestic solar manufacturing capabilities.
The facility is expected to generate over 9,500 direct jobs and approximately 30,000 indirect employment opportunities. It aims to reduce India’s dependence on solar imports while boosting the country’s renewable energy sector.
Previous week, Waaree Renewable Energy Technologies Limited secured a Letter of Award (LoA) worth Rs 2,323 million from Waaree Energies for engineering, procurement, and construction (EPC) work. The contract involves setting up a 170 MW/255 MWp capacity under Unit-III of the Neemuch Solar Power Park Project in Madhya Pradesh.
Author: PPD Team Date: March 10, 2025 Jindal Power Limited (JPL) has received a Letter of Intent (LoI) to acquire Bhadreshwar Vidyut Private Limited for Rs 5 billion. The Gujarat-based thermal power company operates the Kutch Coal-Based Power Project and was undergoing a corporate insolvency resolution process (CIRP). Bhadreshwar Vidyut, formerly known as OPG Power Gujarat Private Limited (OPGL), is a subsidiary of OPG Power Ventures Plc. The company set up a coal-based thermal power…
Author: PPD Team Date: August 1, 2025 SAEL Industries Limited has commissioned a 50 MW ground-mounted solar power plant in Beed, Maharashtra, through its subsidiary Solar RE Power. The project features bifacial TOPCon modules and is backed by a 25-year power purchase agreement with the Maharashtra State Electricity Distribution Company Limited. It is expected to generate over 100 million kilowatt-hours of clean power each year. The plant adds to SAEL’s solar portfolio, which now exceeds…
Author: PPD Team Date: January 6, 2025 Altra Xergi Power, a subsidiary of O2 Power, secured 200 MW in SECI’s auction for 8,000 MWh (2,000 MW x 4 hours) of peak renewable energy supply from ISTS-connected projects under tariff-based competitive bidding (FDRE-VI). The winning tariff was Rs 8.50 per kWh. The auction saw participation from ACME Solar Holdings and Avaada Energy, with the total capacity revised to 656 MW due to provisions allowing allocation of…
Author: PPD Team Date: October 17, 2025 The Defence Research and Development Organisation (DRDO) has signed a Memorandum of Understanding with the Solar Energy Corporation of India (SECI) to jointly develop 300 MW of solar-based renewable energy projects. The projects will be set up across DRDO facilities nationwide. The collaboration aims to make all DRDO campuses in strategic locations net zero by 2027. SECI operates under the Ministry of New and Renewable Energy, while DRDO…
Author: PPD Team Date: January 23, 2025 Patratu Vidyut Utpadan Nigam Limited (PVUNL) successfully conducted a trial run for rail connectivity of the Patratu Thermal Power Project Phase I on January 21, 2025. The project, located in Ramgarh district, Jharkhand, is expected to be commissioned by December 2025. PVUNL, a special purpose vehicle (SPV) formed by NTPC Limited in a joint venture with Jharkhand Bijli Vitran Nigam Limited (JBVNL), is developing the project. Phase I…
Author: PPD Team Date: December 18, 2025 NTPC Group announced the commercial commissioning of more than 359 MW of new solar power capacity across projects in Rajasthan and Gujarat on 17 December 2025 and 18 December 2025. Following these additions, the group’s total installed and commercial capacity has increased to 85,541 MW. On 17 December 2025, NTPC Limited stated that the second and final part capacity of 78 MW at Plot 1 of its 245…