Waaree Energies secures 360 MW solar module order
Author: PPD Team Date: November 13, 2025
Author: PPD Team Date: November 13, 2025
Waaree Energies Ltd. has received a new order to supply 360 MW of solar modules to a domestic developer engaged in utility-scale solar and energy storage projects. The agreement was finalised on November 11, 2025.
In a filing to BSE Limited and the National Stock Exchange of India Limited, the company confirmed the contract, stating that the disclosure was made under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
According to the company, the solar module supply will be completed within the 2025–26 financial year. It also clarified that the contract is a one-time order and does not involve any related party transaction.
Author: PPD Team Date: March 13, 2025 The National Committee on Transmission (NCT), in its most recent meeting, has planned a new transmission scheme to address high power flow on the Western Region-Northern Region (WR-NR) corridor. Representatives from Central Transmission Utility of India Limited (CTUIL) highlighted the persistent high loading of the 765 kV Vindhyachal-Varanasi double-circuit (D/C) line, particularly during peak demand in Uttar Pradesh (UP). This heavy load is leading to real-time violations of…
Author: PPD Team Date: January 16, 2025 Bank of Baroda (BoB) received Letters of Award (LoAs) from NLC India Limited to provide Rupee Term Loans (RTL) for two solar projects in Gujarat: 600 MW Khavda Solar PV Project – Phase XX (GUVNL) Loan amount: Rs 26.69 billion at an interest rate of 8.15% p.a. Project scope: Development of 600 MW grid-connected solar PV plants under GUVNL Phase XX on a build, own, and operate (BOO)…
Author: PPD Team Date: January 7, 2025 KEC International Limited, a wholly-owned subsidiary of the RPG Group, has secured new orders worth Rs 10.97 billion in the transmission and distribution (T&D) sector. These include a 400 kV transmission line project in the UAE and the supply of towers, hardware, and poles for various projects in the Americas, including the United States, Mexico, and Brazil.
Author: PPD Team Date: December 19, 2024 On December 19, 2024, Gujarat Urja Vikas Nigam Limited (GUVNL) announced the winners of its 500 MW Solar Photovoltaic (PV) Power Projects under Phase XXV without energy storage systems (ESS). The successful bidders are: Drashta Green Power Limited: 10 MW at Rs 2.55 per kWh S.B.B. Mouldings Private Limited: 10 MW at Rs 2.55 per kWh Enertech Fuel Solutions Private Limited: 40 MW at Rs 2.55 per kWh…
Author: PPD Team Date: May 22, 2025 Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve both domestic and captive demand. The manufacturing unit will cater exclusively to the…
Author: PPD Team Date: November 26, 2025 Sembcorp Industries, which is backed by Temasek, is reportedly considering an IPO for its Indian subsidiary Sembcorp Green Infra. The launch could take place in the next eight to nine months. The talks are at an early stage and the size of the issue has not been set. This would be Sembcorp’s second attempt to list its India business after the company withdrew a draft prospectus in January…