Author: PPD Team Date: 08/11/2024
Paradeep Transmission, a wholly-owned subsidiary of PFC Consulting created to develop the Eastern Region Expansion Scheme-XXXIV (ERES XXXIV), has been transferred to Tata Power Company.
The sale and transfer process to Tata Power, the successful bidder, was finalized on 06 November 2024. The sale consideration was determined as per guidelines set by the Ministry of Power, Government of India.
Author: PPD Team Date: 04/12/2024 North Eastern Electric Power Corporation Limited (NEEPCO) has invited bids for the engineering, procurement, and construction (EPC) package for the 240 MW Heo Hydro Electric Project in Arunachal Pradesh. The turnkey execution project, announced on November 27, 2024, has a bid submission deadline of February 25, 2025. The project, estimated to cost Rs 10.61 billion, is expected to be completed in 1,170 days.
Author: PPD Team Date: 26/03/2025 Power Mech Projects Limited has won a Rs 5,790 million contract for civil, structural, and architectural works at the 2×800 MW Koderma Thermal Power Expansion Project. The contract, awarded by Bharat Heavy Electricals Limited (BHEL) on March 21, 2025, includes leveling and grading of the entire power block area for Unit 3 and Unit 4. The work is expected to be completed in 32 months. The Koderma Thermal Power Station,…
Author: PPD Team Date: 24/03/2025 Torrent Green Energy Private Limited (TGEPL), a wholly owned subsidiary of Torrent Power Limited (TPL), has incorporated multiple subsidiaries to implement renewable energy projects in India. The company recently set up eight wholly owned subsidiaries—Torrent Urja 39 Private Limited, Torrent Urja 40 Private Limited, Torrent Urja 41 Private Limited, Torrent Urja 42 Private Limited, Torrent Urja 43 Private Limited, Torrent Urja 44 Private Limited, Torrent Urja 45 Private Limited, and…
Author: PPD Team Date: 20/02/2025 ACWA Power has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 2 GW wind project in Egypt, with an estimated investment of USD 2.3 billion. The project is expected to reach financial close in 2026. The wind project will contribute to Egypt’s goal of increasing renewable energy’s share in its electricity generation mix to 42% by 2030. It is also projected to…
Author: PPD Team Date: 13/11/2024 Surana Solar Limited has acquired a 100% stake in Surana Technologies Private Limited, making it a wholly-owned subsidiary. Surana Technologies, with an authorized, subscribed, and paid-up capital of Rs 100,000, operates in the solar energy sector, specializing in trading, distribution, supply, generation, transmission, and manufacturing of solar products. This acquisition aligns with Surana Solar’s strategy to enhance its execution capacity for solar projects.
Author: PPD Team Date: 06/02/2025 Enel North America, a unit of Italian energy company Enel, has signed a power purchase agreement (PPA) with Meta for a 115MW portion of the Rockhaven wind farm in Oklahoma. This marks the third collaboration between the two companies. The Rockhaven wind farm, located in Murray and Carter counties, has a total capacity of 140MW. Stephen Pike, head of Enel Green Power North America, emphasized the growing demand for clean…
Author: PPD Team Date: 04/12/2024 North Eastern Electric Power Corporation Limited (NEEPCO) has invited bids for the engineering, procurement, and construction (EPC) package for the 240 MW Heo Hydro Electric Project in Arunachal Pradesh. The turnkey execution project, announced on November 27, 2024, has a bid submission deadline of February 25, 2025. The project, estimated to cost Rs 10.61 billion, is expected to be completed in 1,170 days.
Author: PPD Team Date: 26/03/2025 Power Mech Projects Limited has won a Rs 5,790 million contract for civil, structural, and architectural works at the 2×800 MW Koderma Thermal Power Expansion Project. The contract, awarded by Bharat Heavy Electricals Limited (BHEL) on March 21, 2025, includes leveling and grading of the entire power block area for Unit 3 and Unit 4. The work is expected to be completed in 32 months. The Koderma Thermal Power Station,…
Author: PPD Team Date: 24/03/2025 Torrent Green Energy Private Limited (TGEPL), a wholly owned subsidiary of Torrent Power Limited (TPL), has incorporated multiple subsidiaries to implement renewable energy projects in India. The company recently set up eight wholly owned subsidiaries—Torrent Urja 39 Private Limited, Torrent Urja 40 Private Limited, Torrent Urja 41 Private Limited, Torrent Urja 42 Private Limited, Torrent Urja 43 Private Limited, Torrent Urja 44 Private Limited, Torrent Urja 45 Private Limited, and…
Author: PPD Team Date: 20/02/2025 ACWA Power has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 2 GW wind project in Egypt, with an estimated investment of USD 2.3 billion. The project is expected to reach financial close in 2026. The wind project will contribute to Egypt’s goal of increasing renewable energy’s share in its electricity generation mix to 42% by 2030. It is also projected to…
Author: PPD Team Date: 13/11/2024 Surana Solar Limited has acquired a 100% stake in Surana Technologies Private Limited, making it a wholly-owned subsidiary. Surana Technologies, with an authorized, subscribed, and paid-up capital of Rs 100,000, operates in the solar energy sector, specializing in trading, distribution, supply, generation, transmission, and manufacturing of solar products. This acquisition aligns with Surana Solar’s strategy to enhance its execution capacity for solar projects.
Author: PPD Team Date: 06/02/2025 Enel North America, a unit of Italian energy company Enel, has signed a power purchase agreement (PPA) with Meta for a 115MW portion of the Rockhaven wind farm in Oklahoma. This marks the third collaboration between the two companies. The Rockhaven wind farm, located in Murray and Carter counties, has a total capacity of 140MW. Stephen Pike, head of Enel Green Power North America, emphasized the growing demand for clean…
Author: PPD Team Date: 04/12/2024 North Eastern Electric Power Corporation Limited (NEEPCO) has invited bids for the engineering, procurement, and construction (EPC) package for the 240 MW Heo Hydro Electric Project in Arunachal Pradesh. The turnkey execution project, announced on November 27, 2024, has a bid submission deadline of February 25, 2025. The project, estimated to cost Rs 10.61 billion, is expected to be completed in 1,170 days.
Author: PPD Team Date: 26/03/2025 Power Mech Projects Limited has won a Rs 5,790 million contract for civil, structural, and architectural works at the 2×800 MW Koderma Thermal Power Expansion Project. The contract, awarded by Bharat Heavy Electricals Limited (BHEL) on March 21, 2025, includes leveling and grading of the entire power block area for Unit 3 and Unit 4. The work is expected to be completed in 32 months. The Koderma Thermal Power Station,…