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PSU

Vikram Solar Joins IPO Line, Files DRHP

Kolkata-based Vikram Solar Limited, a leading, and one of the earliest solar photo-voltaic module manufacturers at scale in India, has filed its draft red herring prospectus (DRHP) with SEBI to raise funds through an initial public offering (IPO). With over 15 years of industry experience as of 31 March 2024, Gyanesh Chaudhary led Vikram Solar […]

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NLC India Aims To Add 10 GW Renewable Energy By 2030

NLC India Limited, a Navratna Public Sector Enterprise under the Ministry of Coal, Government of India, marked its 10th year of renewable energy generation in 2024. The company embarked on its renewable energy journey on September 28, 2015, by commissioning a 10 MW solar photovoltaic power plant in Neyveli. Primarily a lignite-based power-generating company, NLC […]

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MAHAPREIT and NTPC Sign RE Projects Worth 10 GW

NTPC Green Energy Ltd (NGEL) is a wholly owned subsidiary of NTPC Ltd, under which a joint venture agreement was signed with Mahatma Phule Renewable Energy and Infrastructure Technology, MAHAPREIT. Together, the two firms are set to develop 10 GW of renewable energy parks and projects in the state of Maharashtra or other states in […]

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Hindalco Ponders Venture Into Solar Module Manufacturing

Hindalco Industries Ltd., a member of the Aditya Birla group, is considering manufacturing of solar modules in Gujarat as part of its entry into renewable energy. It is planning the new manufacturing at one of its locations in Gujarat, expanding its involvement in the renewable energy industry. This accompanies the goal for India to grow […]

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Jharkhand Plans RESCO Aid To Boost Solar Growth In Giridih

The Jharkhand Renewable Energy Development Agency (JREDA) has now decided to rope in the services of RESCO (Renewable Energy Service Company) to boost the growth of solar energy in Giridih. Giridih is the proposed solar city of Jharkhand. As the per the plan of the state renewable agency of Jharkhand, JREDA seeks to develop a […]

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Suzlon Announces India’s Largest Wind Order Of 1.16 GW From NTPC

After reporting strong FY 25 Q1 results, Suzlon Group today announced bagging India’s largest wind energy order from NTPC Green Energy Limited (the renewables arm of India’s largest energy conglomerate NTPC Limited) for 1166 MW. Suzlon will install a total of 370 wind turbine generators (WTGs) of S144 equipped with a Hybrid Lattice Tubular (HLT) […]

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Ministry Of Finance Grants Navratna Status To SECI, NHPC And SJVN

In a significant indicator of their growing stature and performance, the Ministry of Finance recently conferred ‘Navratna’ status to three Central Public Sector Enterprises (CPSE) namely, Solar Energy Corporation of India (SECI), National Hydroelectric Power Corporation (NHPC), and SJVN to develop and expand Renewable Energy (RE) capacity in India under the Ministry of New and […]

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PGCIL Gets 20 GW Bhadla-III Transmission Project From RECPDCL

Power Grid Corporation of India Limited (PGCIL) recently acquired Bhadla-III Power Transmission Limited, a project-specific Special Purpose Vehicle (SPV) established to develop an additional transmission system to evacuate power from Bhadla-III PS. This project is part of the Rajasthan REZ Phase-III Scheme (20 GW) on a build, own, operate, and transfer (BOOT) basis, managed by […]

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NLC Set To Supply 200 MW Renewable Energy To Telangana

NLC India Limited (NLCIL) a Navratna Government of India Enterprise under the Ministry of Coal has signed a Power Usage Agreement with Telangana state discoms for 200 MW solar power at a competitive and affordable price under CPSU scheme for 25 years. NLC India Lmitted’s solar project is set to generate around 1,300 crore units […]

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