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KP Group Appoints Dr Alok Das As Group CEO

KP Group today announced the appointment of Dr. Alok Das as its new Group CEO, effective November 11th. The company said that with over 30 years of experience in the renewable energy sector, Dr. Das’s expertise will be instrumental in guiding 35 companies within the KP Group, including KPI Green Energy and KP Energy, toward […]

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Vanilla To BESS: Share of Energy Storage Tenders Goes From 5% To 23% In 10 Ys

From plain vanilla tenders to Firm and Dispatchable Renewable Energy (FDRE), the Indian tendering system has come a long way. Since 2020, demand for energy storage has surged. With nearly a quarter of tenders now requiring energy storage, the need for Energy Storage Systems (ESS) is gaining momentum. SBI CAPS, in its latest report on […]

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KPI Green Q2 Results- Revenues Up 67% YoY, PAT Up 99%

Gujarat based KPI Green Energy, part of the KP Group with interests across the energy chain, has declared results for the September quarter , Q2 FY25. As expected revenues are up sharply over the corresponding quarter last year for the EPC firm, at Rs 361 crores versus Rs 216 crores last year.  Thanks to the […]

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KP Green Energy Secures 1.0037 GW Order From GUVNL

KPI Green Energy Limited, the renewable EPC vertical of KP Group, recently secured 1.0037 GW renewable energy project from GUVNL. These projects are won by KPI Green Energy Limited under the various tenders of the Gujarat Urja Vikas Nigam Limited (GUVNL).  The Gujarat-based company will be responsible for providing a range of services, including Engineering, […]

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Apollo Green Energy Plans To Go Public In 2025, Targets Rs 10,000cr Portfolio

Apollo Green Energy Limited (AGEL), part of Apollo International Group, is set to build a ₹10,000 crore project portfolio by 2025. Currently, the company manages an order book of ₹3,500 crore, with ₹2,500 crore of ongoing solar projects across various states in India. As part of its growth plan, AGEL is also preparing for a […]

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JSW Renewable, China’s SANY Seal Licensing Deal Formally

JSW Renewable Technologies Two, a subsidiary of JSW Renewable energy, has entered into a technology licensing agreement with Chinese Wind turbine maker SANY Renewable Energy to manufacture wind turbine blades in India for its captive use. The company entered the formal agreement after eight months with the initial announcement made in March 9 this year. […]

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PPA of 15 years Among Key Changes Proposed in TBCB Norms By India’s Power Ministry

In Draft guidelines for Tariff based competitive bidding involving solar, wind, Hybrid, FDRE and Energy storage projects, India’s Ministry of Power has come out with a slew of proposed changes. The draft document has been released for feedback and suggestions, with a last day of submissions being 15 days from publishing of the guidelines, ie, […]

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Rajasthan’s New ‘RIPS’ Scheme Aims To Expedite RE Investments

In a pursuit to expand its renewable energy capacity, the Rajasthan government, released its Rajasthan Investment Promotion Scheme (RIPS). It intends to capitalize on an average of 300 to 325 sunny days each year with 24.22 GW solar energy and 5.19 GW wind energy. This scheme envisions to build on the state’s strengths in renewable […]

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MRF Set To Make Rs. 7.26 Crore Investment In Clean Max Omni

Chennai-based Tyre manufacturer MRF Limited recently announced its plans to acquire a 26 per cent stake in Clean Max Omni Private Limited for Rs. 7.26 crores, pivoting into renewable energy space. The tyre manufacturers entered into a captive power purchase agreement with Clean Max Omni for a hybrid power supply under the government’s captive power policy. In […]

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