Author: PPD Team Date: 24/10/2024
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Adani Energy acquires Pune-III Transmission for Khavda project
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Author: PPD Team Date: 29/11/2024 Dineshchandra R Agrawal Infracon Private Limited (DRAPL) has been awarded the contract to act as the Transmission Service Provider (TSP) for the Transmission System for evacuation of power from Rajasthan Renewable Energy Zone (REZ) Phase IV (Part 4: 3.5 GW): Part B. The project will be developed under the Tariff-Based Competitive Bidding (TBCB) process on a Build, Own, Operate, and Transfer (BOOT) basis. REC Power Distribution Company Limited (REC PDCL)…
Seaway7 to provide ScottishPower’s East Anglia offshore cables
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…
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Author: PPD Team Date: 21/02/2025 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the grant of environmental clearance (EC) for the Uri-I Stage II Hydro Electric Project. The recommendation was made during its meetings on January 29, 2025. NHPC Limited will implement the 240 MW project in Uri, Boniyar, Kreeri, Baramulla, and Rafiabad sub-districts of Baramulla district, Jammu & Kashmir. The project, estimated to cost Rs…
ReNew reports Rs 21.2 billion revenue in Q3 FY 2024-25, net loss widens
Author: PPD Team Date: 24/02/2025 ReNew has announced its financial results for the third quarter of FY 2024-25, ending December 31, 2024. The company recorded a revenue of Rs 21.2 billion, marking a 10 per cent year-on-year (YoY) increase from Rs 19.3 billion in Q3 FY 2023-24. Revenue from power sales stood at Rs 14.9 billion, slightly lower than Rs 15 billion in the previous year. Net loss widened to Rs 3.8 billion from Rs…
Adani Energy acquires Pune-III Transmission for Khavda project
Author: PPD Team Date: 21/11/2024 Adani Energy Solutions Limited (AESL) acquired Pune-III Transmission Limited, a special purpose vehicle (SPV) for development of the Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-IV (7GW): Part D on November 19, 2024. PFC Consulting Limited (PFCCL) served as the bid process coordinator (BPC) for selection of transmission service provider (TSP) for establishment of the project through tariff based competitive…
Coal import registration fee capped at Rs 500 under revised rules
Author: PPD Team Date: 23/04/2025 The Ministry of Coal has set a flat registration fee of Rs 500 per consignment under the coal import monitoring system (CIMS) portal, replacing the earlier slab-based structure that ranged from Rs 500 to Rs 1,00,000. The CIMS is a digital platform designed to track coal imports in real time. It helps the government collect data to frame policies aimed at reducing coal imports. Importers must register their coal consignments…