Author: PPD Team Date: 10/12/2024
PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited, has established a special purpose vehicle (SPV) named NER Expansion Transmission Limited.
The SPV is tasked with developing the “North-Eastern Region Expansion Scheme-XXV Part-A (NERES-XXV Part-A).”
The Ministry of Power has appointed PFCCL as the bid process coordinator to select a transmission service provider through a tariff-based competitive bidding process.
Author: PPD Team Date: 09/04/2025 Bharat Petroleum Corporation Limited (BPCL) and Sembcorp Green Hydrogen India Private Limited (SGHIPL), a wholly owned subsidiary of Sembcorp Energy India Limited (SEIL), signed a Joint Venture Agreement (JVA) on April 3, 2025. The agreement marks the formation of a 50:50 joint venture (JV) to develop renewable energy and green hydrogen projects in India. The JV will focus on setting up renewable power, green hydrogen, and green ammonia production facilities….
Author: PPD Team Date: 23/01/2025 Nesma Infrastructure and Technology has secured a SAR915 million contract with the Saudi Electricity Company (SEC) for constructing two 380 kV substations in Riyadh, named Rumah BSP-9077 A and B. The project includes installing line reactors at the Airport North BSP-9089 and PS3 BSP substations to strengthen Riyadh’s high-voltage transmission infrastructure. Scheduled for completion within 21 months, the initiative supports the city’s rapid urban and industrial growth. Saudi Arabia is…
Author: PPD Team Date: 04/12/2024 H.G. Infra Engineering Limited has formed a wholly owned subsidiary, H.G. Banaskantha Bess Private Limited, for the battery energy storage systems (BESS) sector. Incorporated on December 3, 2024, with an authorized capital of Rs 15 million, the Rajasthan-based subsidiary aims to specialize in BESS. The establishment of H.G. Banaskantha Bess follows H.G. Infra’s recent Letter of Award from NTPC Vidyut Vyapar Nigam Limited for the procurement and installation of 185…
Author: PPD Team Date: 12/12/2024 Major investors in ReNew Energy Global have proposed taking the clean power generator private in a deal valued at $2.82 billion. The consortium, which includes the Canada Pension Plan Investment Board and UAE-based Masdar, holds 64% of the company’s voting rights and has offered to buy ReNew’s shares at $7.07 each. The offer represents an 11.5% premium on ReNew’s closing price of $6.34 on December 10, 2024. Following the announcement,…
Author: PPD Team Date: 21/01/2025 Ravindra Energy Limited (REL) received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up 44 MW of decentralized solar power projects in Maharashtra on January 16, 2025. The project involves the development of 44 MW across 15 substations of MSEDCL for feeder-level solarization under MSKVY 2.0, part of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The power generated will…
Author: PPD Team Date: 18/03/2025 NTPC Renewable Energy Limited (NTPC REL) has fully commissioned the 105 MW Unit-1 of its solar power project in Madhya Pradesh. The final 50 MW capacity under the project began commercial operations on March 13, 2025, completing the development of Unit-1. This project is part of the larger 325 MW Shajapur Solar Power Park, which includes Unit-1 (105 MW) and Unit-2 (220 MW). NTPCGE Power Services Private Limited (NGSL) is…
Author: PPD Team Date: 09/04/2025 Bharat Petroleum Corporation Limited (BPCL) and Sembcorp Green Hydrogen India Private Limited (SGHIPL), a wholly owned subsidiary of Sembcorp Energy India Limited (SEIL), signed a Joint Venture Agreement (JVA) on April 3, 2025. The agreement marks the formation of a 50:50 joint venture (JV) to develop renewable energy and green hydrogen projects in India. The JV will focus on setting up renewable power, green hydrogen, and green ammonia production facilities….
Author: PPD Team Date: 23/01/2025 Nesma Infrastructure and Technology has secured a SAR915 million contract with the Saudi Electricity Company (SEC) for constructing two 380 kV substations in Riyadh, named Rumah BSP-9077 A and B. The project includes installing line reactors at the Airport North BSP-9089 and PS3 BSP substations to strengthen Riyadh’s high-voltage transmission infrastructure. Scheduled for completion within 21 months, the initiative supports the city’s rapid urban and industrial growth. Saudi Arabia is…
Author: PPD Team Date: 04/12/2024 H.G. Infra Engineering Limited has formed a wholly owned subsidiary, H.G. Banaskantha Bess Private Limited, for the battery energy storage systems (BESS) sector. Incorporated on December 3, 2024, with an authorized capital of Rs 15 million, the Rajasthan-based subsidiary aims to specialize in BESS. The establishment of H.G. Banaskantha Bess follows H.G. Infra’s recent Letter of Award from NTPC Vidyut Vyapar Nigam Limited for the procurement and installation of 185…
Author: PPD Team Date: 12/12/2024 Major investors in ReNew Energy Global have proposed taking the clean power generator private in a deal valued at $2.82 billion. The consortium, which includes the Canada Pension Plan Investment Board and UAE-based Masdar, holds 64% of the company’s voting rights and has offered to buy ReNew’s shares at $7.07 each. The offer represents an 11.5% premium on ReNew’s closing price of $6.34 on December 10, 2024. Following the announcement,…
Author: PPD Team Date: 21/01/2025 Ravindra Energy Limited (REL) received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up 44 MW of decentralized solar power projects in Maharashtra on January 16, 2025. The project involves the development of 44 MW across 15 substations of MSEDCL for feeder-level solarization under MSKVY 2.0, part of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The power generated will…
Author: PPD Team Date: 18/03/2025 NTPC Renewable Energy Limited (NTPC REL) has fully commissioned the 105 MW Unit-1 of its solar power project in Madhya Pradesh. The final 50 MW capacity under the project began commercial operations on March 13, 2025, completing the development of Unit-1. This project is part of the larger 325 MW Shajapur Solar Power Park, which includes Unit-1 (105 MW) and Unit-2 (220 MW). NTPCGE Power Services Private Limited (NGSL) is…
Author: PPD Team Date: 09/04/2025 Bharat Petroleum Corporation Limited (BPCL) and Sembcorp Green Hydrogen India Private Limited (SGHIPL), a wholly owned subsidiary of Sembcorp Energy India Limited (SEIL), signed a Joint Venture Agreement (JVA) on April 3, 2025. The agreement marks the formation of a 50:50 joint venture (JV) to develop renewable energy and green hydrogen projects in India. The JV will focus on setting up renewable power, green hydrogen, and green ammonia production facilities….
Author: PPD Team Date: 23/01/2025 Nesma Infrastructure and Technology has secured a SAR915 million contract with the Saudi Electricity Company (SEC) for constructing two 380 kV substations in Riyadh, named Rumah BSP-9077 A and B. The project includes installing line reactors at the Airport North BSP-9089 and PS3 BSP substations to strengthen Riyadh’s high-voltage transmission infrastructure. Scheduled for completion within 21 months, the initiative supports the city’s rapid urban and industrial growth. Saudi Arabia is…