Author: PPD Team Date: December 3, 2024
Sterling and Wilson Renewable Energy Ltd (SWREL) has secured a Rs 5.04 billion contract to develop a solar photovoltaic (PV) plant in Rajasthan.
The project, awarded by an independent power producer, involves the supply, installation, and commissioning of a 305 MW AC / 396 MWp DC PV system.
Author: PPD Team Date: March 27, 2025 NHPC Limited has completed the trial run of Unit 2 and 3 at the 800 MW Parbati-II Hydro Electric Project in Himachal Pradesh. The remaining two units are expected to undergo trial runs by March 31, 2025. Once fully operational, the project will significantly enhance NHPC’s hydropower capacity. The Parbati-II project, a run-of-the-river (RoR) initiative, is located on the Beas River in the Kullu district, about 260 km…
Author: PPD Team Date: May 19, 2025 The Government of Singapore has announced a $500 million investment under its FAST-P (Financing Asia’s Transition Partnership) program to support clean energy deployment and industrial decarbonisation across Asia. Launched in 2023, FAST-P aims to lower investment risks in energy transition projects by providing catalytic capital that matches private sector funds on a 1:1 basis. The goal is to mobilise a total of $5 billion using blended finance. The…
Author: PPD Team Date: January 7, 2025 The U.S. Department of the Treasury and Internal Revenue Service (IRS) have issued final regulations for the section 45V Clean Hydrogen Production Tax Credit. Established by the Inflation Reduction Act, the credit is designed to promote clean hydrogen production while meeting strict lifecycle greenhouse gas (GHG) emissions standards. The rules provide flexibility and clarity to hydrogen producers, including those using electricity (renewable, nuclear), methane reforming with carbon capture…
Author: PPD Team Date: June 25, 2025 At the Regional Conference for the Eastern Region States/ UTs in Patna on 24 June, Union Power Minister Manohar Lal urged eastern states to tie up generation capacity, push renewable energy with storage, and plan for at least one nuclear plant per state. States were asked to resolve issues delaying intra-state transmission, including Right of Way and forest clearances, and use Rs 1.5 lakh crore in 50-year interest-free…
Author: PPD Team Date: February 27, 2025 The Indian Renewable Energy Development Agency Limited (IREDA) has approved plans to raise up to Rs 50 billion through a qualified institutions placement (QIP) of equity shares in multiple tranches. Additionally, IREDA’s wholly owned subsidiary, IREDA Global Green Energy Finance IFSC Limited, has received registration from the International Financial Services Centre Authority to operate as a finance company at GIFT City, Gujarat. This will enable foreign currency lending…
Author: PPD Team Date: July 31, 2025 Indonesia is set to expand the Dieng Geothermal Power Plant in Wonosobo, Central Java, by an additional 110 MW as part of a proposed project backed by the Asian Development Bank. The expansion will support PT Geo Dipa Energi, the state-owned operator of the plant, in scaling up geothermal electricity output. The Dieng facility, also known as Pembangkit Listrik Tenaga Uap Dieng, is currently operational and has a…