Author: PPD Team Date: 09/12/2024
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Author: PPD Team Date: 25/02/2025 Sterlite Power has introduced two distinct corporate identities, Resonia and Sterlite, as part of a rebranding effort announced at ELECRAMA 2025. Resonia Ltd will focus on transmission infrastructure, expanding networks and integrating renewable energy. Sterlite Power Transmission Ltd, now branded as Sterlite, will manage the manufacturing of power conductors, cables, and EPC (Engineering, Procurement, and Construction) services. Sterlite Power began this transition in October 2024 by carving out its transmission…
Viviana Power Tech secures Rs 1.06 billion contracts for Gujarat SI schemes
Author: PPD Team Date: 21/11/2024 Viviana Power Tech Limited has won two contracts: Rs 323.43 million from Madhya Gujarat Vij Company Limited (MGVCL) and Rs 741.29 million from Paschim Gujarat Vij Company Limited (PGVCL) and Dakshin Gujarat Vij Company Limited (DGVCL) under the System Improvement (SI) Scheme. The awards are part of SI schemes estimated at Rs 1.09 billion for MGVCL, Rs 2.61 billion for PGVCL, and Rs 1.18 billion for DGVCL. The SI scheme…
Dalia Energy secures $1.5bn financing for new Israeli power plant
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Kenya suspends deal between KETRACO and Adani Group
Author: PPD Team Date: 28/10/2024 Kenya’s high court has suspended a $736 million agreement between state-owned Kenya Electrical Transmission Company (KETRACO) and Adani Group’s Adani Energy Solutions to develop and operate power infrastructure, including transmission lines. The suspension follows a legal challenge by the Law Society of Kenya, which has criticized the agreement as “a constitutional sham” and “shrouded in secrecy.” The Law Society claims that KETRACO and Adani Energy Solutions did not fulfill public…
Shakti Pumps invests Rs 40 million in subsidiary SESPL
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AHAsolar secures NEEPCO contract for floating solar project studies
Author: PPD Team Date: 19/02/2025 AHAsolar Technologies Limited has won a contract worth Rs 2.95 million from North Eastern Electric Power Corporation Limited (NEEPCO) for preparing pre-feasibility reports (PFRs) and detailed project reports (DPRs) for five floating solar projects across three states. NEEPCO had invited bids for the contract in May 2024, and the award was announced on February 17, 2025. The floating solar power projects will be developed on the Dhadraul reservoir in Sonbhadra,…
Sterlite Power unveils Resonia and Sterlite
Author: PPD Team Date: 25/02/2025 Sterlite Power has introduced two distinct corporate identities, Resonia and Sterlite, as part of a rebranding effort announced at ELECRAMA 2025. Resonia Ltd will focus on transmission infrastructure, expanding networks and integrating renewable energy. Sterlite Power Transmission Ltd, now branded as Sterlite, will manage the manufacturing of power conductors, cables, and EPC (Engineering, Procurement, and Construction) services. Sterlite Power began this transition in October 2024 by carving out its transmission…
Viviana Power Tech secures Rs 1.06 billion contracts for Gujarat SI schemes
Author: PPD Team Date: 21/11/2024 Viviana Power Tech Limited has won two contracts: Rs 323.43 million from Madhya Gujarat Vij Company Limited (MGVCL) and Rs 741.29 million from Paschim Gujarat Vij Company Limited (PGVCL) and Dakshin Gujarat Vij Company Limited (DGVCL) under the System Improvement (SI) Scheme. The awards are part of SI schemes estimated at Rs 1.09 billion for MGVCL, Rs 2.61 billion for PGVCL, and Rs 1.18 billion for DGVCL. The SI scheme…
Dalia Energy secures $1.5bn financing for new Israeli power plant
Author: PPD Team Date: 17/01/2025 Israeli power company Dalia Energy has obtained a finance agreement worth 5.3 billion shekels ($1.5bn) from Bank Hapoalim to construct an 850MW power plant at the Eshkol gas-fired power station site in Ashdod, Israel, as reported by Reuters. The non-binding agreement marks a significant milestone for the Avshal plant, which will earn approximately 0.065 shekels per kilowatt-hour for 20 years after operations begin. In 2024, Dalia Energy acquired the Eshkol…
Kenya suspends deal between KETRACO and Adani Group
Author: PPD Team Date: 28/10/2024 Kenya’s high court has suspended a $736 million agreement between state-owned Kenya Electrical Transmission Company (KETRACO) and Adani Group’s Adani Energy Solutions to develop and operate power infrastructure, including transmission lines. The suspension follows a legal challenge by the Law Society of Kenya, which has criticized the agreement as “a constitutional sham” and “shrouded in secrecy.” The Law Society claims that KETRACO and Adani Energy Solutions did not fulfill public…
Shakti Pumps invests Rs 40 million in subsidiary SESPL
Author: PPD Team Date: 18/12/2024 Shakti Pumps Limited has invested Rs 40 million in its wholly owned subsidiary, Shakti Energy Solutions Private Limited (SESPL), by subscribing to 40 million equity shares with a face value of Rs 1 each. The investment aims to expand SESPL’s business operations to align with Shakti Pumps’ growth strategy.
AHAsolar secures NEEPCO contract for floating solar project studies
Author: PPD Team Date: 19/02/2025 AHAsolar Technologies Limited has won a contract worth Rs 2.95 million from North Eastern Electric Power Corporation Limited (NEEPCO) for preparing pre-feasibility reports (PFRs) and detailed project reports (DPRs) for five floating solar projects across three states. NEEPCO had invited bids for the contract in May 2024, and the award was announced on February 17, 2025. The floating solar power projects will be developed on the Dhadraul reservoir in Sonbhadra,…
Sterlite Power unveils Resonia and Sterlite
Author: PPD Team Date: 25/02/2025 Sterlite Power has introduced two distinct corporate identities, Resonia and Sterlite, as part of a rebranding effort announced at ELECRAMA 2025. Resonia Ltd will focus on transmission infrastructure, expanding networks and integrating renewable energy. Sterlite Power Transmission Ltd, now branded as Sterlite, will manage the manufacturing of power conductors, cables, and EPC (Engineering, Procurement, and Construction) services. Sterlite Power began this transition in October 2024 by carving out its transmission…
Viviana Power Tech secures Rs 1.06 billion contracts for Gujarat SI schemes
Author: PPD Team Date: 21/11/2024 Viviana Power Tech Limited has won two contracts: Rs 323.43 million from Madhya Gujarat Vij Company Limited (MGVCL) and Rs 741.29 million from Paschim Gujarat Vij Company Limited (PGVCL) and Dakshin Gujarat Vij Company Limited (DGVCL) under the System Improvement (SI) Scheme. The awards are part of SI schemes estimated at Rs 1.09 billion for MGVCL, Rs 2.61 billion for PGVCL, and Rs 1.18 billion for DGVCL. The SI scheme…