Author: PPD Team Date: 08/11/2024
REC Power Development and Consultancy Limited (RECPDCL) has established Lakadia B Power Transmission Limited, a special purpose vehicle (SPV) aimed at augmenting the transformation capacity of the 765/400 kV Lakadia Substation in Gujarat.
RECPDCL has been designated as the bid process coordinator to select a transmission service provider for this project through a tariff-based competitive bidding process.
Author: PPD Team Date: 02/01/2025 The Egyptian Electricity Transmission Company (EETC) has allocated EGP 7.6 billion for the fiscal year 2023-24, focusing on upgrading, modernizing, and expanding its high-voltage and ultra-high voltage systems. This investment covers the development of new stations, cables, transmission lines, and upgrades to regional control centres, including Cairo’s and the newly operational National Control Center in the New Administrative Capital. The company aims to complete ongoing projects, enhance network facilities, and…
Author: PPD Team Date: 18/02/2025 Eurus Energy Holdings Corporation (Eurus Energy) has commenced the commercial operation of the Ashikawa Wind Farm in Toyotomi Town, Hokkaido. With a capacity of 128.8 MW, this wind farm is part of the larger Dohoku Wind Power Generation Project, which aims to install 107 wind turbines across six wind farms in northern Hokkaido. Dohoku Wind Farm LLC, a group company of Eurus Energy, has completed the construction of the south…
Author: PPD Team Date: 29/04/2025 REC Limited has mobilised Rs 50 billion through bond issuance on a private placement basis to bolster its funding for power sector financing. The issue included Rs 30 billion in 5-year bonds with a 6.87 per cent coupon rate and Rs 20 billion in 10-year bonds with a 6.86 per cent coupon rate. Strong investor interest highlighted market confidence in REC’s financial and operational stability. All three major credit rating…
Author: PPD Team Date: 12/11/2024 Energy Vault has announced plans for a 57MW/114MWh battery energy storage system (BESS), named Cross Trails BESS, to be built in Scurry County, Texas. Construction is scheduled to begin in Q1 2025, with commercial operations expected by mid-2025. Energy Vault will build, own, and operate the project using its X-Vault integration platform, UL9540-certified B-VAULT product, and VaultOS energy management system, offering flexibility for both AC and DC-coupled configurations. The project…
Author: PPD Team Date: 21/02/2025 Matel Motion & Energy Solutions Private Limited has partnered with Honda Power Pack Energy India Private Limited (HEID) to integrate its ePowertrain with HEID’s swappable battery system. This collaboration aims to provide electric vehicle (EV) manufacturers with efficient and adaptable battery-swapping solutions, addressing key challenges in EV adoption. Under the partnership, Matel will customize its powertrain solutions to seamlessly integrate with HEID’s swappable battery technology, offering a scalable alternative to…
Author: PPD Team Date: 25/04/2025 Gujarat Industries Power Company Limited (GIPCL) has commissioned 25 MW of a 75 MW captive solar photovoltaic (PV) power project at Vastan, Gujarat on April 24, 2025. The full project is being developed by Madhav Infra Projects Private Limited on an engineering, procurement, and construction (EPC) basis. It spans 140 hectares within the mining lease area of the Vastan Lignite Mine near the Surat Lignite Power Plant. This includes 100…
Author: PPD Team Date: 02/01/2025 The Egyptian Electricity Transmission Company (EETC) has allocated EGP 7.6 billion for the fiscal year 2023-24, focusing on upgrading, modernizing, and expanding its high-voltage and ultra-high voltage systems. This investment covers the development of new stations, cables, transmission lines, and upgrades to regional control centres, including Cairo’s and the newly operational National Control Center in the New Administrative Capital. The company aims to complete ongoing projects, enhance network facilities, and…
Author: PPD Team Date: 18/02/2025 Eurus Energy Holdings Corporation (Eurus Energy) has commenced the commercial operation of the Ashikawa Wind Farm in Toyotomi Town, Hokkaido. With a capacity of 128.8 MW, this wind farm is part of the larger Dohoku Wind Power Generation Project, which aims to install 107 wind turbines across six wind farms in northern Hokkaido. Dohoku Wind Farm LLC, a group company of Eurus Energy, has completed the construction of the south…
Author: PPD Team Date: 29/04/2025 REC Limited has mobilised Rs 50 billion through bond issuance on a private placement basis to bolster its funding for power sector financing. The issue included Rs 30 billion in 5-year bonds with a 6.87 per cent coupon rate and Rs 20 billion in 10-year bonds with a 6.86 per cent coupon rate. Strong investor interest highlighted market confidence in REC’s financial and operational stability. All three major credit rating…
Author: PPD Team Date: 12/11/2024 Energy Vault has announced plans for a 57MW/114MWh battery energy storage system (BESS), named Cross Trails BESS, to be built in Scurry County, Texas. Construction is scheduled to begin in Q1 2025, with commercial operations expected by mid-2025. Energy Vault will build, own, and operate the project using its X-Vault integration platform, UL9540-certified B-VAULT product, and VaultOS energy management system, offering flexibility for both AC and DC-coupled configurations. The project…
Author: PPD Team Date: 21/02/2025 Matel Motion & Energy Solutions Private Limited has partnered with Honda Power Pack Energy India Private Limited (HEID) to integrate its ePowertrain with HEID’s swappable battery system. This collaboration aims to provide electric vehicle (EV) manufacturers with efficient and adaptable battery-swapping solutions, addressing key challenges in EV adoption. Under the partnership, Matel will customize its powertrain solutions to seamlessly integrate with HEID’s swappable battery technology, offering a scalable alternative to…
Author: PPD Team Date: 25/04/2025 Gujarat Industries Power Company Limited (GIPCL) has commissioned 25 MW of a 75 MW captive solar photovoltaic (PV) power project at Vastan, Gujarat on April 24, 2025. The full project is being developed by Madhav Infra Projects Private Limited on an engineering, procurement, and construction (EPC) basis. It spans 140 hectares within the mining lease area of the Vastan Lignite Mine near the Surat Lignite Power Plant. This includes 100…
Author: PPD Team Date: 02/01/2025 The Egyptian Electricity Transmission Company (EETC) has allocated EGP 7.6 billion for the fiscal year 2023-24, focusing on upgrading, modernizing, and expanding its high-voltage and ultra-high voltage systems. This investment covers the development of new stations, cables, transmission lines, and upgrades to regional control centres, including Cairo’s and the newly operational National Control Center in the New Administrative Capital. The company aims to complete ongoing projects, enhance network facilities, and…
Author: PPD Team Date: 18/02/2025 Eurus Energy Holdings Corporation (Eurus Energy) has commenced the commercial operation of the Ashikawa Wind Farm in Toyotomi Town, Hokkaido. With a capacity of 128.8 MW, this wind farm is part of the larger Dohoku Wind Power Generation Project, which aims to install 107 wind turbines across six wind farms in northern Hokkaido. Dohoku Wind Farm LLC, a group company of Eurus Energy, has completed the construction of the south…