Author: PPD Team Date: 04/12/2024
Solex Energy Limited has won a Rs 188.74 million contract from Thenpandian Energy Innovations Private Limited to supply solar modules for a 13 MW solar photovoltaic (PV) power project in India.
The contract, awarded on November 30, 2024, involves the delivery of MONO BIFACIAL M10 PV modules.
The modules will be supplied within six months from the contract’s award date.
Author: PPD Team Date: 08/11/2024 Paradeep Transmission, a wholly-owned subsidiary of PFC Consulting created to develop the Eastern Region Expansion Scheme-XXXIV (ERES XXXIV), has been transferred to Tata Power Company. The sale and transfer process to Tata Power, the successful bidder, was finalized on 06 November 2024. The sale consideration was determined as per guidelines set by the Ministry of Power, Government of India.
Author: PPD Team Date: 03/01/2025 Power Mech Projects has secured a Rs 29.4 billion order from Adani Power for services related to the 1,320 MW Korba Phase-II Thermal Power Project in Chhattisgarh. The contract involves overhauling, erection, testing, commissioning, and manpower support for performance guarantee tests of steam generators (SG) for Units 3 and 4. These activities are essential to ensure operational efficiency and meet technical requirements.
Author: PPD Team Date: 14/11/2024 Renewable energy developer rPlus Energies has finalized a long-term power purchase agreement (PPA) with Idaho Power for its 125 MW Pleasant Valley Solar 2 facility in Ada County, Idaho. This project follows the 200 MW Pleasant Valley Solar 1, also under construction, making Pleasant Valley Solar the largest contracted solar facility within the Idaho Power system. Both projects will supply renewable energy to support Meta’s 100% clean energy goals for…
Author: PPD Team Date: 06/01/2025 The Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME-India) Scheme, launched to promote electric mobility, has spent Rs 88.44 billion as of October 31, 2024. This includes Rs 65.77 billion in subsidies, Rs 22.44 billion for capital assets, and Rs 230 million for other expenses. Under FAME-II, launched in 2019 with an outlay of Rs 115 billion, 1.6 million electric vehicles (EVs) have been incentivized, including…
Author: PPD Team Date: 07/04/2025 Larsen & Toubro (L&T) has incorporated L&T Green Energy Kandla Private Limited through its wholly-owned unit, L&T Energy Green Tech Limited. The company was officially registered on April 4, 2025. The new entity will focus on the development of green hydrogen and its derivatives, including green ammonia. It will also undertake related business activities as part of L&T’s strategy to scale up its presence in the green hydrogen sector. Earlier…
Author: PPD Team Date: 10/03/2025 Three firms have won bids to develop a cumulative 250 MW grid-connected solar photovoltaic (PV) power projects without energy storage system (ESS) anywhere in India. The bids were awarded under Phase XXVI of Gujarat Urja Vikas Nigam Limited (GUVNL) on March 6, 2025. Avaada Energy Private Limited (Avaada Power Private Limited) secured a 100 MW capacity at a tariff of Rs 2.6 per kWh. Welspun New Energy Limited, a wholly-owned…
Author: PPD Team Date: 08/11/2024 Paradeep Transmission, a wholly-owned subsidiary of PFC Consulting created to develop the Eastern Region Expansion Scheme-XXXIV (ERES XXXIV), has been transferred to Tata Power Company. The sale and transfer process to Tata Power, the successful bidder, was finalized on 06 November 2024. The sale consideration was determined as per guidelines set by the Ministry of Power, Government of India.
Author: PPD Team Date: 03/01/2025 Power Mech Projects has secured a Rs 29.4 billion order from Adani Power for services related to the 1,320 MW Korba Phase-II Thermal Power Project in Chhattisgarh. The contract involves overhauling, erection, testing, commissioning, and manpower support for performance guarantee tests of steam generators (SG) for Units 3 and 4. These activities are essential to ensure operational efficiency and meet technical requirements.
Author: PPD Team Date: 14/11/2024 Renewable energy developer rPlus Energies has finalized a long-term power purchase agreement (PPA) with Idaho Power for its 125 MW Pleasant Valley Solar 2 facility in Ada County, Idaho. This project follows the 200 MW Pleasant Valley Solar 1, also under construction, making Pleasant Valley Solar the largest contracted solar facility within the Idaho Power system. Both projects will supply renewable energy to support Meta’s 100% clean energy goals for…
Author: PPD Team Date: 06/01/2025 The Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME-India) Scheme, launched to promote electric mobility, has spent Rs 88.44 billion as of October 31, 2024. This includes Rs 65.77 billion in subsidies, Rs 22.44 billion for capital assets, and Rs 230 million for other expenses. Under FAME-II, launched in 2019 with an outlay of Rs 115 billion, 1.6 million electric vehicles (EVs) have been incentivized, including…
Author: PPD Team Date: 07/04/2025 Larsen & Toubro (L&T) has incorporated L&T Green Energy Kandla Private Limited through its wholly-owned unit, L&T Energy Green Tech Limited. The company was officially registered on April 4, 2025. The new entity will focus on the development of green hydrogen and its derivatives, including green ammonia. It will also undertake related business activities as part of L&T’s strategy to scale up its presence in the green hydrogen sector. Earlier…
Author: PPD Team Date: 10/03/2025 Three firms have won bids to develop a cumulative 250 MW grid-connected solar photovoltaic (PV) power projects without energy storage system (ESS) anywhere in India. The bids were awarded under Phase XXVI of Gujarat Urja Vikas Nigam Limited (GUVNL) on March 6, 2025. Avaada Energy Private Limited (Avaada Power Private Limited) secured a 100 MW capacity at a tariff of Rs 2.6 per kWh. Welspun New Energy Limited, a wholly-owned…
Author: PPD Team Date: 08/11/2024 Paradeep Transmission, a wholly-owned subsidiary of PFC Consulting created to develop the Eastern Region Expansion Scheme-XXXIV (ERES XXXIV), has been transferred to Tata Power Company. The sale and transfer process to Tata Power, the successful bidder, was finalized on 06 November 2024. The sale consideration was determined as per guidelines set by the Ministry of Power, Government of India.
Author: PPD Team Date: 03/01/2025 Power Mech Projects has secured a Rs 29.4 billion order from Adani Power for services related to the 1,320 MW Korba Phase-II Thermal Power Project in Chhattisgarh. The contract involves overhauling, erection, testing, commissioning, and manpower support for performance guarantee tests of steam generators (SG) for Units 3 and 4. These activities are essential to ensure operational efficiency and meet technical requirements.