Author: PPD Team Date: 15/10/2024
Himachal Pradesh is set to fully electrify its public transport system, with Chief Minister Sukhvinder Sukhu announcing a plan to convert the Himachal Road Transport Corporation (HRTC) fleet to 100% electric by March 2025.
The transition to electric vehicles aims to reduce the environmental impact and improve HRTC’s financial performance, positioning it as a key player in sustainable transport across Himachal Pradesh’s challenging terrain.
Author: PPD Team Date: 17/01/2025 UK oil and gas giant bp is set to sign an agreement with the Government of Iraq to redevelop four oil and gas fields in the Kirkuk region of northern Iraq. The deal could be signed by early February, as stated by Iraq’s Oil Minister Hayan Abdel-Ghani to Reuters. The project aims to increase the production capacity of the fields from 350,000 barrels per day (bpd) to 500,000 bpd, supplying…
Author: PPD Team Date: 08/11/2024 ScottishPower Renewables has awarded Seaway7 a contract for the transport and installation of inter-array cables for the 960 MW East Anglia TWO offshore wind project, located 33 km off England’s east coast in the North Sea. The contract involves the engineering, supply, and installation of 64 inter-array cables, with project execution managed from Seaway7’s Aberdeen office. Offshore operations are scheduled to commence in 2027. Awarded in the UK government’s Contracts…
Author: PPD Team Date: 06/12/2024 Reliance Power Limited has recorded a net profit of Rs 28.78 billion for the quarter ended September 2024, reversing a loss of Rs 2.38 billion in the same period last year. Despite the turnaround, the company’s total income decreased by 7.23 per cent to Rs 19.63 billion during the quarter, compared to Rs 21.16 billion in the corresponding period of 2023.
Author: PPD Team Date: 27/12/2024 JERA Co., Inc., Green Power Investment Co., Ltd. (GPI), and Tohoku Electric Power Co., Inc. (Tohoku Electric) have formed a consortium led by JERA to operate a 615 MW offshore wind project in the Sea of Japan, off the southern coast of Aomori Prefecture. Japan’s Ministry of Economy, Trade, and Industry and the Ministry of Land, Infrastructure, Transport, and Tourism selected the consortium to develop the project. Operations are expected…
Author: PPD Team Date: 05/02/2025 Lords Mark Industries Private Limited has won a contract from the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) to set up 300 MW of grid-connected rooftop solar power plants under the Renewable Energy Service Company (RESCO) model. The firm secured the contract at a tariff of Rs 4.8 per kWh. The contract is part of a larger initiative initiated by UPNEDA in July 2024, initially calling for 3,205…
Author: PPD Team Date: 17/10/2024 Purvah Green Power Private Limited (PGPPL), a wholly owned subsidiary of CESC Limited, has signed a share purchase agreement (SPA) to acquire a 100 per cent stake in Deshraj Solar Energy Private Limited. Upon completion, Deshraj Solar Energy will become a step-down subsidiary of CESC. This acquisition aligns with CESC’s strategy to expand its presence in the renewable energy sector.
Author: PPD Team Date: 17/01/2025 UK oil and gas giant bp is set to sign an agreement with the Government of Iraq to redevelop four oil and gas fields in the Kirkuk region of northern Iraq. The deal could be signed by early February, as stated by Iraq’s Oil Minister Hayan Abdel-Ghani to Reuters. The project aims to increase the production capacity of the fields from 350,000 barrels per day (bpd) to 500,000 bpd, supplying…
Author: PPD Team Date: 08/11/2024 ScottishPower Renewables has awarded Seaway7 a contract for the transport and installation of inter-array cables for the 960 MW East Anglia TWO offshore wind project, located 33 km off England’s east coast in the North Sea. The contract involves the engineering, supply, and installation of 64 inter-array cables, with project execution managed from Seaway7’s Aberdeen office. Offshore operations are scheduled to commence in 2027. Awarded in the UK government’s Contracts…
Author: PPD Team Date: 06/12/2024 Reliance Power Limited has recorded a net profit of Rs 28.78 billion for the quarter ended September 2024, reversing a loss of Rs 2.38 billion in the same period last year. Despite the turnaround, the company’s total income decreased by 7.23 per cent to Rs 19.63 billion during the quarter, compared to Rs 21.16 billion in the corresponding period of 2023.
Author: PPD Team Date: 27/12/2024 JERA Co., Inc., Green Power Investment Co., Ltd. (GPI), and Tohoku Electric Power Co., Inc. (Tohoku Electric) have formed a consortium led by JERA to operate a 615 MW offshore wind project in the Sea of Japan, off the southern coast of Aomori Prefecture. Japan’s Ministry of Economy, Trade, and Industry and the Ministry of Land, Infrastructure, Transport, and Tourism selected the consortium to develop the project. Operations are expected…
Author: PPD Team Date: 05/02/2025 Lords Mark Industries Private Limited has won a contract from the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) to set up 300 MW of grid-connected rooftop solar power plants under the Renewable Energy Service Company (RESCO) model. The firm secured the contract at a tariff of Rs 4.8 per kWh. The contract is part of a larger initiative initiated by UPNEDA in July 2024, initially calling for 3,205…
Author: PPD Team Date: 17/10/2024 Purvah Green Power Private Limited (PGPPL), a wholly owned subsidiary of CESC Limited, has signed a share purchase agreement (SPA) to acquire a 100 per cent stake in Deshraj Solar Energy Private Limited. Upon completion, Deshraj Solar Energy will become a step-down subsidiary of CESC. This acquisition aligns with CESC’s strategy to expand its presence in the renewable energy sector.
Author: PPD Team Date: 17/01/2025 UK oil and gas giant bp is set to sign an agreement with the Government of Iraq to redevelop four oil and gas fields in the Kirkuk region of northern Iraq. The deal could be signed by early February, as stated by Iraq’s Oil Minister Hayan Abdel-Ghani to Reuters. The project aims to increase the production capacity of the fields from 350,000 barrels per day (bpd) to 500,000 bpd, supplying…
Author: PPD Team Date: 08/11/2024 ScottishPower Renewables has awarded Seaway7 a contract for the transport and installation of inter-array cables for the 960 MW East Anglia TWO offshore wind project, located 33 km off England’s east coast in the North Sea. The contract involves the engineering, supply, and installation of 64 inter-array cables, with project execution managed from Seaway7’s Aberdeen office. Offshore operations are scheduled to commence in 2027. Awarded in the UK government’s Contracts…