Author: PPD Team Date: 26/11/2024
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and Maharashtra State Power Generation Company Limited (MAHAGENCO) have established a joint venture company, MAHAGENCO NTPC Green Energy Private Limited (MNGEPL).
The JV was incorporated on November 25, 2024. MNGEPL is a 50:50 partnership focused on developing, operating, and maintaining renewable energy parks in Maharashtra under the Ultra Mega Renewable Energy Power Parks (UMREPP) program.
Author: PPD Team Date: 12/09/2024 Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with Westinghouse handling the design and technology development and Hyundai contributing its construction expertise. This partnership builds on a 2022 agreement between the companies to jointly explore global opportunities for AP1000 plants. The announcement follows Vattenfall’s plans to develop new…
Author: PPD Team Date: 24/01/2025 Dr. Bondada Raghavendra Rao, Chairman and Managing Director of Bondada Group, has signed a memorandum of understanding (MoU) with Assam’s Minister of Education, Welfare of Plain Tribe and Backward Classes, Sri Ranoj Pegu, at the Advantage Assam 2.0 Summit 2025 in Hyderabad. The agreement is for setting up a 100 MW hybrid renewable energy plant, combining solar and wind power, under the UNNATI Scheme. The project entails an investment of…
Author: PPD Team Date: 27/11/2024 APM Terminals Pipavav has entered a 25-year power purchase agreement (PPA) with Brookfield-backed CleanMax to source renewable energy from a hybrid wind-solar project in Gujarat. The hybrid project includes 3.50 MW of wind and 1.06 MWp of solar capacity under a third-party open-access model, developed in two phases. Phase one, launched in January 2022, delivered 2 MW of wind and 0.50 MWp of solar capacity. Phase two, commissioned in September…
Author: PPD Team Date: 20/03/2025 The Sillahalla Ecology and Social Protection Association (SESPA) has urged the Tamil Nadu government to scrap the 2,000 MW Sillahalla Hydel Power Project, citing concerns about the fragile ecology of the Nilgiris. The project, estimated to cost Rs 69.14 billion, is planned by Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) in two stages. SESPA has written to Chief Minister M K Stalin, warning of environmental damage and livelihood loss….
Author: PPD Team Date: 10/03/2025 Telangana State Power Generation Corporation Limited (TSGENCO) has invited bids for the preparation of Techno-Commercial Feasibility Reports (TCFR) for setting up pumped storage projects (PSPs) at 35 tentatively identified locations in the state. The last date for bid submission is March 17, 2025. The first eight locations have been identified near Kaleshwaram Lift Irrigation Schemes (LIS) and Palamuru Ranga Reddy Lift Irrigation Schemes (LIS). These include reservoirs such as Mid…
Author: PPD Team Date: 26/03/2025 BluPine Energy has secured Rs 17.87 billion in structured financing from the National Bank for Financing Infrastructure and Development (NaBFID). The funds will be used to optimize financial structuring and support the company’s renewable energy expansion. The financing is structured around a restricted group of 14 special purpose vehicles (SPVs) located in Punjab, Uttarakhand, and Karnataka. These projects supply power to a mix of central and state off-takers. BluPine plans…
Author: PPD Team Date: 12/09/2024 Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with Westinghouse handling the design and technology development and Hyundai contributing its construction expertise. This partnership builds on a 2022 agreement between the companies to jointly explore global opportunities for AP1000 plants. The announcement follows Vattenfall’s plans to develop new…
Author: PPD Team Date: 24/01/2025 Dr. Bondada Raghavendra Rao, Chairman and Managing Director of Bondada Group, has signed a memorandum of understanding (MoU) with Assam’s Minister of Education, Welfare of Plain Tribe and Backward Classes, Sri Ranoj Pegu, at the Advantage Assam 2.0 Summit 2025 in Hyderabad. The agreement is for setting up a 100 MW hybrid renewable energy plant, combining solar and wind power, under the UNNATI Scheme. The project entails an investment of…
Author: PPD Team Date: 27/11/2024 APM Terminals Pipavav has entered a 25-year power purchase agreement (PPA) with Brookfield-backed CleanMax to source renewable energy from a hybrid wind-solar project in Gujarat. The hybrid project includes 3.50 MW of wind and 1.06 MWp of solar capacity under a third-party open-access model, developed in two phases. Phase one, launched in January 2022, delivered 2 MW of wind and 0.50 MWp of solar capacity. Phase two, commissioned in September…
Author: PPD Team Date: 20/03/2025 The Sillahalla Ecology and Social Protection Association (SESPA) has urged the Tamil Nadu government to scrap the 2,000 MW Sillahalla Hydel Power Project, citing concerns about the fragile ecology of the Nilgiris. The project, estimated to cost Rs 69.14 billion, is planned by Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) in two stages. SESPA has written to Chief Minister M K Stalin, warning of environmental damage and livelihood loss….
Author: PPD Team Date: 10/03/2025 Telangana State Power Generation Corporation Limited (TSGENCO) has invited bids for the preparation of Techno-Commercial Feasibility Reports (TCFR) for setting up pumped storage projects (PSPs) at 35 tentatively identified locations in the state. The last date for bid submission is March 17, 2025. The first eight locations have been identified near Kaleshwaram Lift Irrigation Schemes (LIS) and Palamuru Ranga Reddy Lift Irrigation Schemes (LIS). These include reservoirs such as Mid…
Author: PPD Team Date: 26/03/2025 BluPine Energy has secured Rs 17.87 billion in structured financing from the National Bank for Financing Infrastructure and Development (NaBFID). The funds will be used to optimize financial structuring and support the company’s renewable energy expansion. The financing is structured around a restricted group of 14 special purpose vehicles (SPVs) located in Punjab, Uttarakhand, and Karnataka. These projects supply power to a mix of central and state off-takers. BluPine plans…
Author: PPD Team Date: 12/09/2024 Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with Westinghouse handling the design and technology development and Hyundai contributing its construction expertise. This partnership builds on a 2022 agreement between the companies to jointly explore global opportunities for AP1000 plants. The announcement follows Vattenfall’s plans to develop new…
Author: PPD Team Date: 24/01/2025 Dr. Bondada Raghavendra Rao, Chairman and Managing Director of Bondada Group, has signed a memorandum of understanding (MoU) with Assam’s Minister of Education, Welfare of Plain Tribe and Backward Classes, Sri Ranoj Pegu, at the Advantage Assam 2.0 Summit 2025 in Hyderabad. The agreement is for setting up a 100 MW hybrid renewable energy plant, combining solar and wind power, under the UNNATI Scheme. The project entails an investment of…