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Author: PPD Team Date: 27/08/2025 Power Grid Corporation of India Limited (PGCIL) has cleared a new investment proposal worth Rs 209.38 crore for strengthening transmission infrastructure in the North-Eastern region. The project, named North-Eastern Region Expansion Scheme-XXIII (NERES-XXIII), was approved by the company’s Committee of Directors on Investment on Projects on August 26, 2025. According to the regulatory filing, the scheme is expected to be completed within 30 months from the date of project allocation....

Author: PPD Team Date: 27/08/2025 Adani Energy Solutions Limited (AESL) has announced the incorporation of a new wholly owned subsidiary, Adani Electricity Puducherry Limited. The company was officially registered on August 25, 2025, and will focus on electricity distribution and related businesses. The subsidiary has been set up with an authorised and paid-up share capital of Rs 1 lakh. According to the company’s filing, the new entity is yet to commence operations but has been...

Author: PPD Team Date: 27/08/2025 Waaree Energies Limited announced that its wholly owned subsidiary, Waaree Solar Americas, has secured a 452 MW solar module supply order from a leading United States-based developer of utility-scale solar and energy storage projects. The order, dated 26 August 2025, will be executed during the financial years 2025-26 and 2026-27. Waaree confirmed that the contract is a one-time agreement and involves only the supply of modules. The name of the...

Author: PPD Team Date: 27/08/2025 Jakson Engineers Ltd, part of the Jakson Group, will invest over Rs 8,000 crore to establish a 6 GW integrated solar module, cell, and wafer manufacturing plant at Maksi Phase II in Madhya Pradesh.   The facility will be developed in two stages. In Phase I, the company will set up 3 GW of solar modules and 3 GW of solar cell capacity at a cost of about Rs 2,000 crore....

Author: PPD Team Date: 27/08/2025 Inox Green Energy Services Ltd, the operations and maintenance (O&M) arm of the InoxGFL Group, plans to expand its renewable energy O&M portfolio from the current 5 GW to 17 GW by the next financial year, according to executive director Devansh Jain. Jain told Mint that the company will pursue both organic expansion and acquisitions to achieve this target, but did not disclose investment estimates. He described O&M as a...

Author: PPD Team Date: 27/08/2025 Union Coal and Mines Minister G Kishan Reddy has announced that the central government will establish a mineral trading exchange, modelled on the London Metal Exchange (LME), according to a report by PTI. Reddy said the platform will be developed in line with Securities and Exchange Board of India (SEBI) regulations. He noted that the exchange aims to provide transparent price discovery and support industries, traders, and other stakeholders in...

Author: PPD Team Date: 27/08/2025 GameChange BOS, a subsidiary of GameChange Energy Technologies, has started operations at its new medium voltage transformer plant in Taloja, Maharashtra. The manufacturing facility covers 180,000 square feet and has an annual production capacity of more than 1,800 transformers. The company stated that the unit will strengthen its supply to markets in India, Europe, and the United States. The plant will allow GameChange BOS to expand its product portfolio within...

Author: PPD Team Date: 26/08/2025 Greenzo Energy India Limited has secured a research and development order from Engineers India Limited (EIL) for a hydrogen electrolyser modular unit at EIL’s R&D complex in Gurugram. The order, placed through the Government e-Marketplace, covers supply, site work, and spares. The project supports the National Green Hydrogen Mission and highlights EIL’s trust in domestic R&D capabilities. Greenzo said the order marks a milestone in building a complete hydrogen value...

Author: PPD Team Date: 26/08/2025 The 640 MW Yunlin offshore wind farm developed by Yunneng Wind Power Co. Ltd. has commenced commercial operations in the Taiwan Strait. The facility consists of 80 wind turbines spread across an 82 square kilometre area, situated 8 to 17 km from Taiwan’s west coast, in waters between 7 and 35 metres deep. The project has secured all necessary licences and regulatory clearances, while meeting obligations under its financing agreements....

Author: PPD Team Date: 26/08/2025 Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has received proposals from five countries, including Canada and Russia, to develop nuclear power plants in the country. ESDM Minister Bahlil Lahadalia said in Jakarta on August 25, 2025, that the government has already held meetings with Canadian and Russian representatives. He noted that no decision has been made on the technology design, as all proposals are still under review. Bahlil explained...

Author: PPD Team Date: 26/08/2025 The Indian Renewable Energy Development Agency Limited (IREDA) has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) for the financial year 2025-26. Under the agreement, IREDA has been given a Revenue from Operations target of Rs 8,200 crore for FY 2025-26. In the previous fiscal year, the company achieved Rs 6,743.32 crore in revenue, surpassing the set target of Rs 5,957 crore. ...

Author: PPD Team Date: 26/08/2025 The Union Power Ministry has identified six major hydropower projects in the Northeast as vulnerable. According to Minister of State for Power Shripad Naik, the Central Electricity Authority (CEA) classified these projects as vulnerable because they are situated above 1,500 metres and located as the first projects in their respective river basins in the upper Himalayan region. Such conditions increase exposure to flash floods, landslides, and other climate-related risks. The...

Author: PPD Team Date: 26/08/2025 NHPC Limited has revised the timeline for completing its 300 MW Karnisar solar power project in Rajasthan. The remaining capacity is now expected to be commissioned by September 30, 2025, instead of the earlier target of August 31. As of now, 214.28 MW of the project has been commissioned. In July, NHPC also began commercial operations of a 53.57 MW solar unit under Phase IV of its 1,000 MW grid-connected...

Author: PPD Team Date: 25/08/2025 The Andhra Pradesh Cabinet has cleared a 250 MW solar power project at Mylavaram in Kadapa district. The state government has allotted 200 acres to Adani Solar Energy for the project. Alongside this decision, the Cabinet also approved the Andhra Pradesh Circular Economy and the AP Waste Recycling Policy 4.0 (2025–2030), reflecting a broader push toward sustainability. According to data from the Ministry of New and Renewable Energy (MNRE), Andhra...

Author: PPD Team Date: 25/08/2025 Power Finance Corporation Ltd (PFC) has signed a loan agreement worth EUR 150 million with Germany’s KfW on August 21, 2025. The funds will be deployed under the Revamped Distribution Sector Scheme (RDSS) to improve the efficiency of state power distribution companies. The agreement extends the partnership between India and Germany in the energy sector, where PFC and KfW have previously collaborated on several distribution projects. The new facility is...

Author: PPD Team Date: 25/08/2025 Power Finance Corporation Ltd (PFC) has announced the incorporation of SR and ER Power Transmission Limited as a wholly owned subsidiary of PFC Consulting Ltd, according to its stock exchange filing dated August 22, 2025. The special-purpose vehicle has been created for the development of the “Inter-Regional Strengthening between SR Grid and ER Grid” project. The scheme has an estimated cost of Rs 27.1 billion. The Ministry of Power, through...

Author: PPD Team Date: 25/08/2025 Prostarm Info Systems Limited has won Karnataka Power Transmission Corporation Limited’s (KPTCL) auction for a 150 MW/300 MWh standalone battery energy storage system (BESS) at the Doni substation in Gadag district. The project will operate on a build-own-operate model for 12 years. The winning tariff is ₹254,000 per MW per month, inclusive of the state’s viability gap funding (VGF) component. Under VGF, Prostarm is eligible for the lower of ₹2.7...