BHEL to commission 9 GW of thermal power in FY 2024
Author: PPD Team Date: November 26, 2024
Author: PPD Team Date: November 26, 2024
Bharat Heavy Electricals Limited (BHEL) is set to commission nine GW of thermal power generation capacity in the current financial year.
This addition, valued at approximately Rs 650 billion, will contribute to the nation’s existing 237 GW thermal power capacity.
The projects have been awarded to BHEL by power generation companies, including NTPC, Tamil Nadu, Maharashtra, and Uttar Pradesh, since 2017.
Delays due to land and environmental approvals were addressed through follow-ups by the central government.
In recent years, BHEL commissioned 1,705 MW in 2021-22 and 1,460 MW in both 2022-23 and 2023-24.
The Ministry of Heavy Industries (MHI) has established a dedicated team to resolve project-related challenges and has been monitoring progress at various stages to meet completion timelines.
Author: PPD Team Date: January 3, 2025 Northleaf Capital Partners has sold its majority stake in the 494 megawatts peak (MWp) Mula photovoltaic solar plant in Murcia, Spain, to China Three Gorges Spain, a subsidiary of the China Three Gorges Corporation. The deal, executed with minority partner Qualitas Energy, includes the sale of a 100% equity interest and is part of Northleaf’s value creation plan, yielding significant cash returns to investors. Mula Solar, one of…
Author: PPD Team Date: February 10, 2026 NTPC Green Energy Limited has announced the commissioning of an additional 14.43 MW segment from its large-scale solar project in Gujarat, further expanding its operational renewable energy portfolio. The company declared the eleventh segment of its 1,255 MW Khawda-I Solar PV Project commercially operational, effective from the start of February 10, 2026. This portion is part of the Central Public Sector Undertaking (CPSU) scheme Phase-II Tranche-III and is…
Author: PPD Team Date: October 15, 2024 Saatvik Green Energy has secured a contract with Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to supply 200 MW of n-type TOPCon 580 Wp modules to various locations across Maharashtra. The total value of the order is estimated at INR 30.2 billion. With a module manufacturing capacity of 3.8 GW as of FY24-25, Saatvik is strategically expanding and developing PV modules with advanced zero-busbar and 24-busbar technology. The…
Author: PPD Team Date: November 29, 2024 The Asian Development Bank (ADB) and Gulf Renewable Energy Company, a subsidiary of Gulf Energy Development Public Company, have finalized an $820 million loan agreement to fund 12 renewable energy projects in Thailand. These include eight ground-mounted solar photovoltaic (PV) plants and four solar PV plants integrated with battery energy storage systems (BESS). The projects have a combined solar PV capacity of 393 MW, with the solar plus…
Author: PPD Team Date: December 13, 2024 TotalEnergies has partnered with OQ Alternative Energy (OQAE) to develop 300 MW of renewable energy projects in Oman. The electricity generated will be supplied to Petroleum Development Oman (PDO) through long-term power purchase agreements, with OQAE holding a 51 per cent share and TotalEnergies 49 per cent. The collaboration includes three projects: North Solar, a 100 MW solar facility in Saih Nihaydah, and Riyah-1 and Riyah-2, two 100…
Author: PPD Team Date: September 8, 2025 Renewable energy company Neoen and solar developer Alight have started operations at the 100 megawatt-peak (MWp) Hultsfred solar farm in Småland, Sweden. The facility, which began supplying electricity to the E.ON distribution grid in April, is described as the country’s largest solar installation. The project was jointly financed by Neoen and Alight, with additional structured debt from Danske Bank. H&M Group has a long-term power purchase agreement signed…