Author: PPD Team Date: November 4, 2024
Prime Minister Narendra Modi inaugurated a 4 MW solar project in Ekta Nagar, Gujarat, valued at Rs 232.6 million.
This initiative is part of ongoing efforts to enhance the Statue of Unity area as an international tourist destination while promoting sustainable energy solutions in the region.
Author: PPD Team Date: September 18, 2025 Zimbabwe has signed a 15-year concession agreement with Jindal Africa, a subsidiary of India’s Jindal Steel, to rehabilitate the 920 megawatt (MW) coal-fired Hwange thermal power station. The deal is valued at $455 million. According to the country’s energy minister July Moyo, the project will focus on overhauling six ageing units within four years. Under the arrangement, Jindal will finance, refurbish, and operate the units for 15 years…
Author: PPD Team Date: November 21, 2024 Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has established two wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for developing interstate transmission system (ISTS) schemes under the tariff-based competitive bidding (TBCB) mechanism. According to a stock exchange filing by REC Ltd, the parent company of RECPDCL, the SPVs were incorporated on November 18, 2024: WRNES Talegaon Power Transmission Ltd: Focused on network expansion in…
Author: PPD Team Date: May 2, 2025 Ireland’s Ministery for Climate, Environment, and Energy has launched the National Offshore Renewable Energy (ORE) Designated Maritime Area Plan (DMAP) as part of the country’s efforts to reach at least 5 GW of offshore wind capacity and 80% renewable electricity by 2030. The DMAP aims to support Ireland’s decarbonisation goals and will contribute to the nation’s offshore wind target of 20 GW by 2040. The plan will be…
Author: PPD Team Date: December 24, 2024 India and Kuwait have upgraded their relationship to a strategic partnership, focusing on defence, energy, trade, investment, and technology. During Prime Minister Narendra Modi’s first visit to Kuwait in 43 years, an MoU on defence was signed to enhance cooperation in training, joint exercises, and equipment supply. The two countries share strong energy ties, with bilateral trade reaching $10.47 billion in 2023-24. Kuwait is India’s sixth-largest crude supplier…
Author: PPD Team Date: February 11, 2025 Bharat Heavy Electricals Limited (BHEL) has received a Letter of Award (LoA) worth Rs 80 billion for the engineering, procurement, and construction (EPC) of the 2×660 MW Koradi Thermal Power Project. The contract, awarded by Maharashtra State Power Generation Company Limited (MSPGCL) on February 7, 2025, covers the design, engineering, manufacturing, and commissioning of the Boiler, Turbine, and Generator (BTG) package. The scope includes designing, manufacturing, testing, and…
Author: PPD Team Date: August 14, 2025 The Asian Infrastructure Investment Bank (AIIB) has subscribed to Rs 13,012.5 million (about USD150 million) of non-convertible debentures issued by Aditya Birla Capital Limited. The three-year, privately placed investment will fund renewable energy and electric mobility projects in India. According to AIIB, the financing will be used for renewable energy generation such as solar, wind, geothermal, pumped storage, hydrogen production, and energy storage systems. It will also support…