DVC signs PPAs with GUVNL to supply 559 MW of power
Author: PPD Team Date: November 21, 2024
Author: PPD Team Date: November 21, 2024
Damodar Valley Corporation (DVC) has entered into power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) to supply a total of 559 MW of electricity.Â
This includes 359 MW from the 800 MW Durgapur Thermal Power Expansion Project in West Bengal and 200 MW from the 2×800 MW Koderma Thermal Power Expansion Project in Jharkhand.
The Durgapur project, situated in Bardhaman district, is an expansion of the retired Durgapur Steel Thermal Power Project.Â
The Koderma project, located in the Koderma district, involves adding Units III and IV to the existing 1,000 MW plant, which includes earlier units commissioned in 2011 and 2013.
Author: PPD Team Date: January 6, 2025 Power Grid Corporation of India Limited (PGCIL) received the Letter of Intent (LoI) for two Interstate Transmission System (ISTS) projects under the Tariff Based Competitive Bidding (TBCB) route on January 6, 2025. These projects are on a Build, Own, Operate, and Transfer (BOOT) basis: Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme): The project comprises augmentation works at under-construction…
Author: PPD Team Date: December 11, 2024 Technip Energies, GE Vernova, and Balfour Beatty have been awarded the engineering, procurement, and construction contract for the Net Zero Teesside Power (NZT Power) project, the world’s first gas-fired power plant with carbon capture and storage (CCS). The UK government’s £21.7 billion ($13.87 billion) funding for carbon capture initiatives enabled the project’s financial close. The plant aims to generate 742MW of low-carbon electricity, enough to power one million…
Author: PPD Team Date: February 4, 2025 KPI Green Energy has signed a contract with Coal India for the development of a 300 MWAC grid-connected solar photovoltaic (PV) plant at the Gujarat Industries Power Company (GIPCL) Solar Park in Khavda, Gujarat. The total contract value is Rs 13.11 billion, covering both the development and operation & maintenance (O&M) services for five years. The project is expected to be completed by November 2025. Additionally, KPI Green…
Author: PPD Team Date: October 17, 2024 Hithium Energy Storage Technology has partnered with Nabilah AlTunisi’s company, MANAT, to launch a joint venture named Hithium MANAT. The venture will establish a battery energy storage systems (BESS) manufacturing facility with a 5 gigawatt-hour (GWh) annual production capacity in Saudi Arabia. This marks one of the first advanced BESS manufacturing plants in the Kingdom and the wider MENA region, supporting Saudi Arabia’s Vision 2030. The partnership was…
Author: PPD Team Date: October 7, 2025 Solar and energy storage developers will face higher equipment prices from Q4 2025 due to Chinese policy changes and production cuts, according to Wood Mackenzie. This marks an end to the 18-month period of unusually low prices in the market. The report identifies three main factors driving the increase: consolidation in the polysilicon sector, supply-side production cuts, and the cancellation of China’s 13% VAT export rebate. Together, these…
Author: PPD Team Date: October 9, 2025 PVV Infra Limited has won two solar power projects with a total investment of Rs 7.99 billion in Uttar Pradesh. Its subsidiary PVV EVTech has signed a 25-year power purchase agreement with the Uttar Pradesh New and Renewable Energy Development Agency for a 100 MW solar project across Baghpat and Moradabad districts. The project, developed with Nacof Oorja, will cost about Rs 3.84 billion and is expected to…