Author: PPD Team Date: 12/11/2024
Adani Energy Solutions Limited (AESL) has acquired Progressive Grid Networks Limited (PGNL) in Kenya to explore power transmission opportunities across East Africa.
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: 30/01/2025 The Union Ministry of New and Renewable Energy (MNRE) has notified the Solar Systems, Devices, and Components Goods Order, 2025, revising and superseding the Solar Photovoltaics, Systems, Devices, and Components Goods (Requirements for Compulsory Registration) Order, 2017. The new order, published in the Gazette of India on January 27, 2025, under the Bureau of Indian Standards (BIS) Act, 2016, will come into effect 180 days from the publication date. It…
Author: PPD Team Date: 30/06/2025 Om Infra Limited has secured a contract worth Rs 1,998.4 million for hydro-mechanical works in the Dibang Multi Purpose Project. The award was finalised on June 25, 2025, following bids invited by NHPC Limited in April 2024. The contract has two parts. The first, worth Rs 1,678.6 million, is for the ex-works and CIF (Cost, Insurance, and Freight) supply of equipment, materials, mandatory spares, and tools. Om Infra will be…
Author: PPD Team Date: 16/01/2025 Bank of Baroda (BoB) received Letters of Award (LoAs) from NLC India Limited to provide Rupee Term Loans (RTL) for two solar projects in Gujarat: 600 MW Khavda Solar PV Project – Phase XX (GUVNL) Loan amount: Rs 26.69 billion at an interest rate of 8.15% p.a. Project scope: Development of 600 MW grid-connected solar PV plants under GUVNL Phase XX on a build, own, and operate (BOO) basis at…
Author: PPD Team Date: 24/10/2024 The Southern Regional Power Committee (SRPC) has proposed enhancing the reverse transfer capacity of the ±800kV, 6000 MW Raigarh-Pugalur HVDC system from 3,000 MW to 6,000 MW. The National Committee on Transmission (NCT) is expected to discuss this proposal in its upcoming meeting later this month. Currently, the Raigarh-Pugalur HVDC link can transfer 6,000 MW in the forward direction from Raigarh (Chhattisgarh) to Pugalur (Tamil Nadu). The estimated cost for…
Author: PPD Team Date: 19/12/2024 The Government of Montenegro has approved a list of 15 priority energy infrastructure projects worth EUR 1.38 billion. This fulfils chapter 21 – Trans-European Network – of the EU accession negotiations. The European Commission will use this list to select projects for funding under the Western Balkans Investment Framework (WBIF). Updated per WBIF methodology, the projects align with Montenegro’s state-level priorities. WBIF, the EU’s main financial mechanism for the region,…
Author: PPD Team Date: 10/07/2025 Rajesh Power Limited has received a turnkey contract worth Rs 2.20 billion from Madhya Gujarat Vij Company Limited (MGVCL). The order involves the supply, installation, testing, and commissioning of 11 kV medium voltage covered conductor infrastructure. The work will be carried out across multiple locations in Gujarat under two state schemes, the Kisan Suryoday Yojana and the Vanbandhu Kalyan Yojana. Both programmes aim to improve power supply in rural and…
Author: PPD Team Date: 30/01/2025 The Union Ministry of New and Renewable Energy (MNRE) has notified the Solar Systems, Devices, and Components Goods Order, 2025, revising and superseding the Solar Photovoltaics, Systems, Devices, and Components Goods (Requirements for Compulsory Registration) Order, 2017. The new order, published in the Gazette of India on January 27, 2025, under the Bureau of Indian Standards (BIS) Act, 2016, will come into effect 180 days from the publication date. It…
Author: PPD Team Date: 30/06/2025 Om Infra Limited has secured a contract worth Rs 1,998.4 million for hydro-mechanical works in the Dibang Multi Purpose Project. The award was finalised on June 25, 2025, following bids invited by NHPC Limited in April 2024. The contract has two parts. The first, worth Rs 1,678.6 million, is for the ex-works and CIF (Cost, Insurance, and Freight) supply of equipment, materials, mandatory spares, and tools. Om Infra will be…
Author: PPD Team Date: 16/01/2025 Bank of Baroda (BoB) received Letters of Award (LoAs) from NLC India Limited to provide Rupee Term Loans (RTL) for two solar projects in Gujarat: 600 MW Khavda Solar PV Project – Phase XX (GUVNL) Loan amount: Rs 26.69 billion at an interest rate of 8.15% p.a. Project scope: Development of 600 MW grid-connected solar PV plants under GUVNL Phase XX on a build, own, and operate (BOO) basis at…
Author: PPD Team Date: 24/10/2024 The Southern Regional Power Committee (SRPC) has proposed enhancing the reverse transfer capacity of the ±800kV, 6000 MW Raigarh-Pugalur HVDC system from 3,000 MW to 6,000 MW. The National Committee on Transmission (NCT) is expected to discuss this proposal in its upcoming meeting later this month. Currently, the Raigarh-Pugalur HVDC link can transfer 6,000 MW in the forward direction from Raigarh (Chhattisgarh) to Pugalur (Tamil Nadu). The estimated cost for…
Author: PPD Team Date: 19/12/2024 The Government of Montenegro has approved a list of 15 priority energy infrastructure projects worth EUR 1.38 billion. This fulfils chapter 21 – Trans-European Network – of the EU accession negotiations. The European Commission will use this list to select projects for funding under the Western Balkans Investment Framework (WBIF). Updated per WBIF methodology, the projects align with Montenegro’s state-level priorities. WBIF, the EU’s main financial mechanism for the region,…
Author: PPD Team Date: 10/07/2025 Rajesh Power Limited has received a turnkey contract worth Rs 2.20 billion from Madhya Gujarat Vij Company Limited (MGVCL). The order involves the supply, installation, testing, and commissioning of 11 kV medium voltage covered conductor infrastructure. The work will be carried out across multiple locations in Gujarat under two state schemes, the Kisan Suryoday Yojana and the Vanbandhu Kalyan Yojana. Both programmes aim to improve power supply in rural and…
Author: PPD Team Date: 30/01/2025 The Union Ministry of New and Renewable Energy (MNRE) has notified the Solar Systems, Devices, and Components Goods Order, 2025, revising and superseding the Solar Photovoltaics, Systems, Devices, and Components Goods (Requirements for Compulsory Registration) Order, 2017. The new order, published in the Gazette of India on January 27, 2025, under the Bureau of Indian Standards (BIS) Act, 2016, will come into effect 180 days from the publication date. It…
Author: PPD Team Date: 30/06/2025 Om Infra Limited has secured a contract worth Rs 1,998.4 million for hydro-mechanical works in the Dibang Multi Purpose Project. The award was finalised on June 25, 2025, following bids invited by NHPC Limited in April 2024. The contract has two parts. The first, worth Rs 1,678.6 million, is for the ex-works and CIF (Cost, Insurance, and Freight) supply of equipment, materials, mandatory spares, and tools. Om Infra will be…