Similar Posts
Hyundai names Tamil Nadu as flagship EV hub for India
Hyundai Motor India Limited (HMIL) has announced that Tamil Nadu will serve as its “Flagship EV Hub for India,” as the company expands its electric vehicle (EV) manufacturing, localization, charging infrastructure, and skill development initiatives in the state. The company plans to launch two new models from its Chennai facility this year, including its first…
ACWA Power signs PPA for 2 GW wind project in Egypt
ACWA Power has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 2 GW wind project in Egypt, with an estimated investment of USD 2.3 billion. The project is expected to reach financial close in 2026. The wind project will contribute to Egypt’s goal of increasing renewable energy’s…
AfDB appointed lead arranger for Moyi Power metro-grids project in DRC
The African Development Bank (AfDB) has been named the mandated lead arranger for the Moyi Power metro-grids project, a $340 million private sector-led electrification initiative in the Democratic Republic of Congo (DRC). The project is now entering the financing stage. Spearheaded by the Moyi Power consortium, which includes Gridworks, Eranove, and AEE Power, the initiative…
NTPC to establish seawater-to-green hydrogen plant in Andhra Pradesh
NTPC Limited is setting up a one-tonne per day seawater-to-green hydrogen plant at its Simhadri facility near Visakhapatnam, Andhra Pradesh. Developed through its R&D centre, NETRA, the project will use a low-carbon desalination plant powered by waste heat from the thermal power plant’s flue gas. This innovative process will produce hydrogen-grade water from seawater at…
PFCCL sets up five SPVs for REZ-linked transmission projects
PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has incorporated five Special Purpose Vehicles (SPVs) to undertake preparatory work for Independent Transmission Projects (ITPs) across multiple states, focused on evacuating power from Renewable Energy Zones (REZ). The move follows PFCCL’s appointment as Bid Process Coordinator (BPC) by the Ministry…
NTPC to begin work on 2,800 MW nuclear project in Rajasthan
NTPC Ltd will enter the nuclear energy sector next month with the foundation stone for a 2,800 MW nuclear power project at Banswara, Rajasthan, Chairman and Managing Director Gurdeep Singh said on Sunday. The project will include four pressurised heavy water reactors of 700 MW each. Singh said NTPC plans to expand its nuclear capacity…
