Author: PPD Team Date: December 11, 2024
Serentica Renewables India Private Limited (SRIPL) has announced plans to set up 10,000 MW of renewable energy projects in Rajasthan.
The company intends to invest Rs 500 billion in the state, as part of the “Rising Rajasthan Summit 2024,” to develop its renewable energy capacity.
Author: PPD Team Date: August 7, 2025 The Ministry of Power has circulated a revised draft notification specifying Renewable Consumption Obligation (RCO) requirements under the Energy Conservation Act, 2001. Issued on 5 August 2025, the draft is open for stakeholder feedback until 19 August. It replaces the previous version dated 20 October 2023. The RCO framework outlines annual minimum shares of electricity to be sourced from renewable energy by designated consumers. These include distribution licensees,…
Author: PPD Team Date: June 13, 2025 The World Bank has ended its 2013 ban on financing nuclear energy projects in developing countries. The decision, reported by Reuters, reflects a shift in response to rising electricity demand and a push for energy diversification. Under the new strategy, the Bank will support countries in developing nuclear power, including life-extension of existing reactors and small modular reactor (SMR) deployment. The World Bank Group will work with the…
Author: PPD Team Date: January 20, 2025 Tata Power Central Odisha Distribution Ltd (TPCODL) inaugurated its Power Distribution Technology Centre in Bhubaneswar on January 18, 2025. The centre features advanced Operational Technology (OT) and Information Technology (IT) systems, including a 24×7 Power System Control Centre (PSCC) for real-time monitoring and seamless network operations across Odisha. It enhances the resilience of the power distribution network, ensuring uninterrupted power supply. Equipped with Advanced Distribution Management Systems (ADMS)…
Author: PPD Team Date: March 23, 2026 Patel Engineering Limited (PEL) has received a letter of award worth Rs 230.70 crore from Dorjilung Hydro Power Limited for a pre-construction package of the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan’s Mongar Dzongkhag district. The award comes days after the company secured a Rs 910 crore contract for the Renukaji Dam project in Himachal Pradesh. Dorjilung Hydro Power Limited is a joint venture between Druk Green…
Author: PPD Team Date: August 28, 2025 KPI Green Energy Limited has established a Special Purpose Vehicle (SPV), named KPIN Clean Power One LLP. The SPV will focus on renewable energy generation and distribution. The SPV, KPIN Clean Power One LLP, was incorporated with contributions of Rs. 99,000 from KPI Green Energy and Rs. 1,000 from its wholly owned subsidiary, KPark Sunbeat Private Limited. The entity has not yet started business operations. KPIN Clean Power…
Author: PPD Team Date: October 28, 2024 Vietnam‘s Ministry of Industry and Trade has drafted a new electricity law to establish a legal framework supporting the development of a modern, interconnected, and efficient power market while prioritizing national energy security. The proposed amendments aim to address gaps in power development regulations, improve coordination among ministries, and overcome challenges in bringing electricity investments to remote areas. A key focus of the draft law is on refining…