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: 18/12/2024 Independent renewable energy company Qair and Etermar Energia have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects across the Iberian Peninsula. Etermar Energia signed the agreement during a visit to Qair’s Eolmed, a 30 MW floating offshore wind project in Port-La Nouvelle, France. The MoU focuses on developing floating offshore wind farms, particularly in Portuguese maritime zones. The partnership will involve component stockpiling, foundation manufacturing, logistics,…
Author: PPD Team Date: 11/11/2024 EKI Energy Services Limited (EKI) has registered Azerbaijan’s first voluntary carbon market project powered by solar energy, marking a significant step toward sustainable energy in the Caucasus and Central Asia. This project, launched ahead of COP29, aims to reduce greenhouse gas emissions by harnessing renewable energy. Located across the Baku and Absheron districts, the solar project has an installed capacity of 230 MW (AC). By supplying clean energy to Azerbaijan’s…
Author: PPD Team Date: 04/11/2024 Adani Power and Adani Renewable Energy Fifty Five, subsidiaries of the Adani Group, have entered into agreements to supply a combined 6,500 MW of power to the Maharashtra State Electricity Distribution Company Limited (MSEDCL). Adani Power has signed a 25-year Power Supply Agreement (PSA) to provide the state with approximately 1,500 MW of thermal power. Concurrently, Adani Renewable Energy Fifty Five, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL),…
Author: PPD Team Date: 18/11/2024 Union Minister Manohar Lal Khattar and officials from Nepal and Bangladesh inaugurated the first trilateral power flow transaction on 15 November 2024. The event marked the transmission of hydroelectric power from Nepal to Bangladesh, facilitated through India’s electricity grid. The power transaction stems from the Regional Cooperation for Power Purchase, Sale, Distribution, and Transmission agreement signed in June 2023 during Nepal Prime Minister Pushpa Kamal Dahal’s visit to India. Under…
Author: PPD Team Date: 10/02/2025 Estonia, Latvia, and Lithuania have disconnected their electricity grids from Russia and Belarus, marking a major geopolitical shift more than three decades after leaving the Soviet Union. Efforts to sever ties accelerated after Russia invaded Ukraine in 2022, further straining Moscow’s relationship with the EU. Lithuanian President Gitanas Nausėda called it the final step in eliminating reliance on Russian and Belarusian energy. EU officials, including Ursula von der Leyen, will…
Author: PPD Team Date: 25/02/2025 PFC Consulting Limited (PFCCL) re-invited Request for Proposal (RfP) bids for selection of transmission service provider (TSP) through tariff-based competitive bidding (TBCB) process for the “Construction of 400/220/132 kV Grid Sub-station with associated transmission lines at Joda/Barbil and LILO of 400 kV Kaniha-Bisra D/C line at 400 kV Sub-station Joda” on February 19, 2025. The bid submission deadline is April 25, 2025. The process was initially launched in July 2023…
Author: PPD Team Date: 18/12/2024 Independent renewable energy company Qair and Etermar Energia have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects across the Iberian Peninsula. Etermar Energia signed the agreement during a visit to Qair’s Eolmed, a 30 MW floating offshore wind project in Port-La Nouvelle, France. The MoU focuses on developing floating offshore wind farms, particularly in Portuguese maritime zones. The partnership will involve component stockpiling, foundation manufacturing, logistics,…
Author: PPD Team Date: 11/11/2024 EKI Energy Services Limited (EKI) has registered Azerbaijan’s first voluntary carbon market project powered by solar energy, marking a significant step toward sustainable energy in the Caucasus and Central Asia. This project, launched ahead of COP29, aims to reduce greenhouse gas emissions by harnessing renewable energy. Located across the Baku and Absheron districts, the solar project has an installed capacity of 230 MW (AC). By supplying clean energy to Azerbaijan’s…
Author: PPD Team Date: 04/11/2024 Adani Power and Adani Renewable Energy Fifty Five, subsidiaries of the Adani Group, have entered into agreements to supply a combined 6,500 MW of power to the Maharashtra State Electricity Distribution Company Limited (MSEDCL). Adani Power has signed a 25-year Power Supply Agreement (PSA) to provide the state with approximately 1,500 MW of thermal power. Concurrently, Adani Renewable Energy Fifty Five, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL),…
Author: PPD Team Date: 18/11/2024 Union Minister Manohar Lal Khattar and officials from Nepal and Bangladesh inaugurated the first trilateral power flow transaction on 15 November 2024. The event marked the transmission of hydroelectric power from Nepal to Bangladesh, facilitated through India’s electricity grid. The power transaction stems from the Regional Cooperation for Power Purchase, Sale, Distribution, and Transmission agreement signed in June 2023 during Nepal Prime Minister Pushpa Kamal Dahal’s visit to India. Under…
Author: PPD Team Date: 10/02/2025 Estonia, Latvia, and Lithuania have disconnected their electricity grids from Russia and Belarus, marking a major geopolitical shift more than three decades after leaving the Soviet Union. Efforts to sever ties accelerated after Russia invaded Ukraine in 2022, further straining Moscow’s relationship with the EU. Lithuanian President Gitanas Nausėda called it the final step in eliminating reliance on Russian and Belarusian energy. EU officials, including Ursula von der Leyen, will…
Author: PPD Team Date: 25/02/2025 PFC Consulting Limited (PFCCL) re-invited Request for Proposal (RfP) bids for selection of transmission service provider (TSP) through tariff-based competitive bidding (TBCB) process for the “Construction of 400/220/132 kV Grid Sub-station with associated transmission lines at Joda/Barbil and LILO of 400 kV Kaniha-Bisra D/C line at 400 kV Sub-station Joda” on February 19, 2025. The bid submission deadline is April 25, 2025. The process was initially launched in July 2023…
Author: PPD Team Date: 18/12/2024 Independent renewable energy company Qair and Etermar Energia have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects across the Iberian Peninsula. Etermar Energia signed the agreement during a visit to Qair’s Eolmed, a 30 MW floating offshore wind project in Port-La Nouvelle, France. The MoU focuses on developing floating offshore wind farms, particularly in Portuguese maritime zones. The partnership will involve component stockpiling, foundation manufacturing, logistics,…
Author: PPD Team Date: 11/11/2024 EKI Energy Services Limited (EKI) has registered Azerbaijan’s first voluntary carbon market project powered by solar energy, marking a significant step toward sustainable energy in the Caucasus and Central Asia. This project, launched ahead of COP29, aims to reduce greenhouse gas emissions by harnessing renewable energy. Located across the Baku and Absheron districts, the solar project has an installed capacity of 230 MW (AC). By supplying clean energy to Azerbaijan’s…