Author: PPD Team Date: November 12, 2024
Adani Energy Solutions Limited (AESL) has acquired Progressive Grid Networks Limited (PGNL) in Kenya to explore power transmission opportunities across East Africa.Â
PGNL’s initial share capital stands at KES 1 billion, divided into 100,000 ordinary shares valued at KES 1,000 each. Through this acquisition, AESL secures full ownership by acquiring 100 per cent of the shares through cash consideration.
Author: PPD Team Date: November 22, 2024 The Electricity Generating Authority of Thailand (EGAT) has announced plans to develop three pumped storage power plants (PSPPs) at existing dams in Chaiyaphum, Kanchanaburi, and Nakhon Si Thammarat provinces. These facilities will have a combined capacity of 2.47 GW and are expected to become operational between 2034 and 2037. The USD 2.6 billion project aims to enhance energy storage capabilities and support the increasing integration of renewable energy…
Author: PPD Team Date: May 13, 2025 The Asian Infrastructure Investment Bank (AIIB), Asian Development Bank (ADB), and ASEAN Infrastructure Fund (AIF) have signed a letter of intent to collaborate on ASEAN-related infrastructure projects. The agreement outlines cooperation on high-impact projects, including the ASEAN Power Grid (APG) and ASEAN Catalytic Green Finance Facility (ACGF). The partnership will focus on project origination, co-financing, technical cooperation, and knowledge sharing. It aims to mobilise joint expertise and financial…
Author: PPD Team Date: March 26, 2025 PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process. The project, “Network Expansion Scheme in Maharashtra for Providing Supply to Data Centre Loads in Navi Mumbai,” will be developed on a build, own, operate, and transfer (BOOT) basis. The bidding process was launched on March 24, 2025, with a deadline…
Author: PPD Team Date: January 27, 2026 Adani Green Energy Limited (AGEL) has commissioned a 50 MW solar power project at Khavda in Gujarat through its wholly owned stepdown subsidiary, Adani Green Energy Twenty Six A Limited. The project began commercial operations on 25 January 2026 after receiving the required clearances. AGEL informed the stock exchanges that the commissioning was formally recorded at 10:49 a.m. on 25 January 2026. With this addition, the company’s total…
Author: PPD Team Date: August 11, 2025 NTPC has expressed interest in investing around Rs 80,000 crore in solar and wind power projects across Telangana, pointing to the state’s 6,700 MW potential for floating solar power generation. NTPC’s Chairman and Managing Director, Gurdeep Singh and his team met with Telangana Chief Minister A. Revanth Reddy at his residence in Jubilee Hills. During the meeting, NTPC highlighted its plans to expand renewable energy capacity in the…
Author: PPD Team Date: January 13, 2026 China has commissioned a large scale hybrid energy storage facility in the northwest of the country, marking a milestone in the use of combined battery and supercapacitor technologies for grid support. The Jiayuguan NingSheng 500 MW/1,000 MWh independent energy storage project was connected to the grid on 30 December 2025. The project is located in Jiayuguan, Gansu province, within the Jiaxi photovoltaic industrial park, and is owned and…