Author: PPD Team Date: April 20, 2026
Shakti Pumps (India) Limited has invested a total of Rs 24 crore in its wholly-owned subsidiary, Shakti Energy Solutions Limited (SESL), to support a new greenfield manufacturing facility in Madhya Pradesh.
The company infused Rs 17 crore on April 17, 2026, followed by Rs 7 crore on April 18, 2026, as per regulatory disclosures. The funding will be used to establish a high-efficiency Solar DCR (Domestic Content Requirement) cell and Solar PV (Photovoltaic) module manufacturing plant at Pithampur.
The proposed facility will have a production capacity of 2.20 GW. This marks a strategic move by Shakti Pumps to expand beyond its existing focus on solar structures and rooftop installations. The investment aligns with increasing demand for domestically manufactured solar components.
SESL, incorporated in September 2010, has recorded steady growth in recent years. It reported a turnover of Rs 216.53 crore in FY25, compared to Rs 139.59 crore in FY24 and Rs 99.15 crore in FY23.
The company stated that the investment forms part of its broader plan to strengthen its presence across the renewable energy value chain. It also clarified that the transaction does not qualify as a related party transaction and did not require any governmental or regulatory approvals.
Author: PPD Team Date: September 1, 2025 Premier Energies announced that its subsidiaries have secured orders worth Rs 2,703 crore for the supply of solar photovoltaic (PV) modules and cells. The contracts, placed by both new and existing customers, cover an aggregate capacity of 2,059 MW and will be executed during FY 2026 and FY 2027. The company informed exchanges that the orders were received by Premier Energies Photovoltaic Private Limited, Premier Energies Global Environment…
Read More Premier Energies subsidiaries win Rs 2,703 crore solar supply orders
Author: PPD Team Date: July 29, 2025 NTPC Vidyut Vyapar Nigam Ltd (NVVN) has awarded its 250 MW/1,000 MWh standalone battery energy storage systems (BESS) tender to Sunsure Energy and Enerica Infra 3. Sunsure secured 125 MW/500 MWh at Rs 6.64 per kWh, while Enerica won the remaining 125 MW/500 MWh at Rs 6.65 per kWh. The tender, floated in February 2025, is one of India’s first standalone BESS auctions with charging power placed under…
Read More Sunsure and Enerica win NVVN’s standalone BESS auction
Author: PPD Team Date: April 29, 2025 Raychem RPG has become the first Indian manufacturer to earn the E3, C3, and F1 certifications for its cast resin transformers (CRTs).  The certification was awarded after rigorous testing at CESI laboratories in Italy. CESI is renowned for its advanced testing facilities, including KEMA Labs, which is known for its high-power laboratory capabilities. In a statement, Raychem RPG said the certification aligns with the IEC60076-11:2018 global standard. It…
Read More Raychem RPG becomes first Indian firm to earn E3, C3, F1 certification for cast resin transformers
Author: PPD Team Date: December 11, 2024 The Ministry of New and Renewable Energy (MNRE) has announced the inclusion of solar PV cells in a newly introduced List-II under the Approved List of Models and Manufacturers (ALMM), set to take effect from June 1, 2026.  This amendment expands the ALMM framework, which previously only covered solar modules. With the addition of solar cells to ALMM, projects that require the use of ALMM-enlisted solar modules from…
Read More MNRE includes solar PV cells in ALMM framework
Author: PPD Team Date: March 30, 2026 The Atomic Energy Regulatory Board (AERB) has granted approval to begin excavation activities for Units 1 and 2 of the Mahi Banswara Rajasthan Atomic Power Project (MBRAPP) in Rajasthan. The units are based on the standard 700 MWe Pressurised Heavy Water Reactor (PHWR) design. The project is located in Banswara district, Rajasthan, and is being implemented by Anushakti Vidyut Nigam Limited (ASHVINI). The company was formed in 2024…
Read More AERB clears excavation for Mahi Banswara nuclear project Units 1 and 2
Author: PPD Team Date: December 12, 2025 Former Chief Secretary of Gujarat, Pankaj Joshi, has been appointed Chairperson of the Gujarat Electricity Regulatory Commission (GERC). The state government has also named Jatin Natvarlal Thakkar and Navinchandra Shah as Members of the Commission. The appointments follow recommendations made by a Selection Committee formed earlier this year to shortlist candidates for the posts. An official notification said Joshi will take charge from the date he assumes office….
Read More Pankaj Joshi appointed Chairperson of GERC
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