Waaree secures Rs 2.77 billion solar EPC project
Author: PPD Team Date: January 22, 2025
Author: PPD Team Date: January 22, 2025
Waaree Renewable Energy Technologies Limited (formerly Sangam Renewables Limited) has received a Letter of Intent (LoI) to develop a 105 MWp solar power project on an engineering, procurement, and construction (EPC) basis in India.
The LoI, valued at Rs 2,772 million, was awarded on January 20, 2025. The project is scheduled for completion in the financial year 2026.
Author: PPD Team Date: December 11, 2024 The European Commission (EC) has approved a €2.6 billion ($2.7 billion) scheme to support Estonia’s offshore wind energy sector, advancing the country’s goal of achieving net-zero emissions. This initiative, aligned with the Estonian Maritime Spatial Plan, will fund the construction and operation of offshore wind farms through a competitive bidding process. The scheme, part of the State Aid Temporary Crisis and Transition Framework (TCTF), is open until December…
Author: PPD Team Date: December 15, 2025 The Central Transmission Utility of India Limited (CTUIL) has released a draft “Detailed Procedure for Grant of Connectivity and General Network Access” for public consultation. The document gives effect to the Central Electricity Regulatory Commission (CERC) Connectivity and General Network Access to the Inter-State Transmission System Regulations, 2022. It will replace the procedure issued in October 2022. CTUIL has invited comments until 27 December 2025. The draft runs…
Author: PPD Team Date: February 19, 2026 Indian clean-technology company Greenzo Energy has signed a strategic memorandum of understanding (MoU) with Lord’s Mark Industries to develop about 60 MW of green hydrogen projects in Uttar Pradesh. The facilities will be located across four cities and will integrate captive solar power and battery storage to support distributed hydrogen production. The projects are planned in Gorakhpur, Aligarh, Jhansi, and Lucknow. Each facility is designed to operate independently…
Author: PPD Team Date: October 29, 2025 Shree Cement Ltd has commissioned a 20 MWp solar power plant in Chitrakoot district, Uttar Pradesh, to supply renewable electricity to its Etah grinding unit. Phase 1 has achieved commercial operation after verification by the Uttar Pradesh State Load Dispatch Centre, while Phase 2 is expected to be commissioned by the end of Q4 FY2025–26. Power is supplied through the Wheeling and Banking route. The project provides 30–40…
Author: PPD Team Date: October 17, 2024 The Central Electricity Authority (CEA) concluded its two-day Brainstorming Conclave on the ‘Indian Power Sector Scenario 2047’ in New Delhi on October 14-15, 2024. The event, attended by over 1,500 delegates, featured discussions on expanding hydropower, integrating energy storage systems, modernizing distribution networks, and fostering cross-border energy cooperation. Key dignitaries, including Union Power Minister Manohar Lal, emphasized India’s strategy to meet growing energy needs while transitioning to cleaner…
Author: PPD Team Date: June 3, 2025 Inox Wind Limited has announced its highest-ever quarterly and annual profits for the financial year ending March 31, 2025. The company reported strong growth across all key financial and operational metrics. In Q4 FY 2024-25, Inox Wind recorded a total revenue of Rs 13.11 billion, marking a 130% year-on-year (YoY) increase from Rs 5.69 billion in Q4 FY 2023-24. EBITDA for the quarter rose 103% YoY to Rs…