Author: PPD Team Date: 25/10/2024
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Angola ends state monopoly on electricity transmission
Author: PPD Team Date: 12/12/2024 The Angolan government has amended the General Electricity Law, officially ending the state’s monopoly on electricity transmission. This will enable private sector participation through public service concession agreements, aiming to accelerate electrification, attract private investment, and strengthen regional energy interconnections. The reform removes legal barriers that previously restricted private involvement, facilitating investments essential for expanding electricity access. The government aims to provide electricity to at least half the population by…
IndiGrid wins bid to evacuate power from Ratle and Kiru HEPs
Author: PPD Team Date: 11/03/2025 IndiGrid 2 Private Limited, a subsidiary of IndiGrid, has secured the Letter of Intent (LoI) to develop the Transmission scheme for evacuation of power from Ratle HEP (850 MW) & Kiru HEP (624 MW): Part-A. The selection was made through a tariff-based competitive bidding (TBCB) process under the build, own, operate, and transfer (BOOT) model. REC Power Distribution Company Limited (REC PDCL), which invited bids in September 2024, acted as…
Panasonic opens RE100 renewable-powered manufacturing plant in Wales
Author: PPD Team Date: 04/12/2024 Panasonic Manufacturing UK has launched its RE100 facility in Cardiff, Wales, powered entirely by renewable energy sources including hydrogen fuel cells, solar photovoltaic (PV) power, and battery storage. The facility features 21 hydrogen fuel cells with 95% efficiency, 372 kW of solar capacity, and 1 MWh of battery storage, all managed via Panasonic’s energy management system (EMS). The EMS balances electricity demand and supply, storing energy during non-operational periods to…
India’s data centre capacity set to double by FY27
Author: PPD Team Date: 24/10/2024 India’s data centre capacity is projected to reach 2,000-2,100 MW by FY27, driven by investments between Rs 500 billion and Rs 550 billion, according to Investment Information and Credit Rating Agency (ICRA). The current capacity is 950 MW, with NTT Global Data Centers, CtrlS Datacenters, STT Global, Sify Technologies, and Nxtra Data controlling 85 per cent of the market as of March 2024. Low data tariffs, affordable smartphones, and technology…
Coal India reports 22% decline in Q2 net profit
Author: PPD Team Date: 14/11/2024 Coal India Limited (CIL) has reported a net profit of Rs 62.75 billion for the quarter ending September 2024, marking a 22.04% decrease from Rs 80.49 billion in the same quarter last year. The company’s total income for the quarter stood at Rs 321.78 billion, down approximately 7.43% from Rs 347.60 billion in the corresponding period of the previous year.
Waaree Energies inaugurates 5.4 GW solar cell plant in Gujarat
Author: PPD Team Date: 01/04/2025 Waaree Energies Limited has inaugurated a 5.4 GW solar cell manufacturing facility in Chikhli, Gujarat. Spanning 150 acres, with a built-up area of 101 acres, the plant is equipped with high-efficiency solar cell technology to strengthen India’s domestic solar manufacturing capabilities. The facility is expected to generate over 9,500 direct jobs and approximately 30,000 indirect employment opportunities. It aims to reduce India’s dependence on solar imports while boosting the country’s…
Angola ends state monopoly on electricity transmission
Author: PPD Team Date: 12/12/2024 The Angolan government has amended the General Electricity Law, officially ending the state’s monopoly on electricity transmission. This will enable private sector participation through public service concession agreements, aiming to accelerate electrification, attract private investment, and strengthen regional energy interconnections. The reform removes legal barriers that previously restricted private involvement, facilitating investments essential for expanding electricity access. The government aims to provide electricity to at least half the population by…
IndiGrid wins bid to evacuate power from Ratle and Kiru HEPs
Author: PPD Team Date: 11/03/2025 IndiGrid 2 Private Limited, a subsidiary of IndiGrid, has secured the Letter of Intent (LoI) to develop the Transmission scheme for evacuation of power from Ratle HEP (850 MW) & Kiru HEP (624 MW): Part-A. The selection was made through a tariff-based competitive bidding (TBCB) process under the build, own, operate, and transfer (BOOT) model. REC Power Distribution Company Limited (REC PDCL), which invited bids in September 2024, acted as…
Panasonic opens RE100 renewable-powered manufacturing plant in Wales
Author: PPD Team Date: 04/12/2024 Panasonic Manufacturing UK has launched its RE100 facility in Cardiff, Wales, powered entirely by renewable energy sources including hydrogen fuel cells, solar photovoltaic (PV) power, and battery storage. The facility features 21 hydrogen fuel cells with 95% efficiency, 372 kW of solar capacity, and 1 MWh of battery storage, all managed via Panasonic’s energy management system (EMS). The EMS balances electricity demand and supply, storing energy during non-operational periods to…
India’s data centre capacity set to double by FY27
Author: PPD Team Date: 24/10/2024 India’s data centre capacity is projected to reach 2,000-2,100 MW by FY27, driven by investments between Rs 500 billion and Rs 550 billion, according to Investment Information and Credit Rating Agency (ICRA). The current capacity is 950 MW, with NTT Global Data Centers, CtrlS Datacenters, STT Global, Sify Technologies, and Nxtra Data controlling 85 per cent of the market as of March 2024. Low data tariffs, affordable smartphones, and technology…
Coal India reports 22% decline in Q2 net profit
Author: PPD Team Date: 14/11/2024 Coal India Limited (CIL) has reported a net profit of Rs 62.75 billion for the quarter ending September 2024, marking a 22.04% decrease from Rs 80.49 billion in the same quarter last year. The company’s total income for the quarter stood at Rs 321.78 billion, down approximately 7.43% from Rs 347.60 billion in the corresponding period of the previous year.
Waaree Energies inaugurates 5.4 GW solar cell plant in Gujarat
Author: PPD Team Date: 01/04/2025 Waaree Energies Limited has inaugurated a 5.4 GW solar cell manufacturing facility in Chikhli, Gujarat. Spanning 150 acres, with a built-up area of 101 acres, the plant is equipped with high-efficiency solar cell technology to strengthen India’s domestic solar manufacturing capabilities. The facility is expected to generate over 9,500 direct jobs and approximately 30,000 indirect employment opportunities. It aims to reduce India’s dependence on solar imports while boosting the country’s…
Angola ends state monopoly on electricity transmission
Author: PPD Team Date: 12/12/2024 The Angolan government has amended the General Electricity Law, officially ending the state’s monopoly on electricity transmission. This will enable private sector participation through public service concession agreements, aiming to accelerate electrification, attract private investment, and strengthen regional energy interconnections. The reform removes legal barriers that previously restricted private involvement, facilitating investments essential for expanding electricity access. The government aims to provide electricity to at least half the population by…
IndiGrid wins bid to evacuate power from Ratle and Kiru HEPs
Author: PPD Team Date: 11/03/2025 IndiGrid 2 Private Limited, a subsidiary of IndiGrid, has secured the Letter of Intent (LoI) to develop the Transmission scheme for evacuation of power from Ratle HEP (850 MW) & Kiru HEP (624 MW): Part-A. The selection was made through a tariff-based competitive bidding (TBCB) process under the build, own, operate, and transfer (BOOT) model. REC Power Distribution Company Limited (REC PDCL), which invited bids in September 2024, acted as…