Author: PPD Team Date: 11/12/2024
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: 30/10/2024 NTPC Green Energy, a subsidiary of NTPC Ltd, has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its Rs 100 billion initial public offering (IPO). As India’s largest public sector renewable energy enterprise (excluding hydro) by capacity and power generation in FY 2024, NTPC Green Energy initially filed its IPO documents with SEBI on September 18, 2024. As of June 30, 2024, NTPC…
Author: PPD Team Date: 08/11/2024 Nomura has projected robust growth for India’s power sector, forecasting a compound annual growth rate (CAGR) of over 7% in electricity demand from FY24 to FY27. This surge is fueled by rising economic activity, increased electrification, and demand growth in emerging sectors such as data centres, electric vehicle (EV) charging, and green hydrogen production. Changing weather patterns, which have contributed to recent supply shortages, are also anticipated to drive demand….
Author: PPD Team Date: 02/01/2025 Purvah Green Power Private Limited, a subsidiary of CESC Limited, received a Letter of Award (LoA) from Noida Power Company Limited (NPCL) on December 30, 2024. The project involves developing 300 MW Inter-State Transmission System (ISTS)-connected wind-solar hybrid power projects across India to supply power to NPCL. In November 2024, NPCL invited bids for power procurement under the Tariff-Based Competitive Bidding (TBCB) mode.
Author: PPD Team Date: 12/12/2024 NTPC Green Energy Limited has announced plans for a 20,000 MW transmission project in Andhra Pradesh. This project is intended to support NTPC Green’s forthcoming green hydrogen hub, which will be developed across 647.49 hectares at Pudimadaka. The transmission network will connect NTPC’s proposed solar project in Anantapur to the hydrogen hub, establishing a dedicated renewable energy (RE) system to facilitate the growth of green hydrogen production.
Author: PPD Team Date: 06/01/2025 The European Bank for Reconstruction and Development (EBRD) is providing a USD 66.4 million sovereign loan to Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) for a 500 kV, 230 km transmission line connecting Sarimay in Khoresm to Muruntau in Navoi. The project will ease grid bottlenecks, reduce electricity outages during peak demand, and support the integration of renewable energy sources. It aligns with Uzbekistan’s low-carbon development strategy, developed with…
Author: PPD Team Date: 03/04/2025 Resonia Limited, formerly Sterlite Grid 32 Limited, has won the bid for the “Transmission System for Integration of Ananthapur-II Renewable Energy Zone (REZ) Phase-I” project. The contract was awarded through a tariff-based competitive bidding process in 2025. The company will develop the project under a special purpose vehicle (SPV) on a build, own, operate, and transfer (BOOT) basis for 35 years. Meanwhile, PFC Consulting Limited (PFCCL) has incorporated a new…
Author: PPD Team Date: 30/10/2024 NTPC Green Energy, a subsidiary of NTPC Ltd, has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its Rs 100 billion initial public offering (IPO). As India’s largest public sector renewable energy enterprise (excluding hydro) by capacity and power generation in FY 2024, NTPC Green Energy initially filed its IPO documents with SEBI on September 18, 2024. As of June 30, 2024, NTPC…
Author: PPD Team Date: 08/11/2024 Nomura has projected robust growth for India’s power sector, forecasting a compound annual growth rate (CAGR) of over 7% in electricity demand from FY24 to FY27. This surge is fueled by rising economic activity, increased electrification, and demand growth in emerging sectors such as data centres, electric vehicle (EV) charging, and green hydrogen production. Changing weather patterns, which have contributed to recent supply shortages, are also anticipated to drive demand….
Author: PPD Team Date: 02/01/2025 Purvah Green Power Private Limited, a subsidiary of CESC Limited, received a Letter of Award (LoA) from Noida Power Company Limited (NPCL) on December 30, 2024. The project involves developing 300 MW Inter-State Transmission System (ISTS)-connected wind-solar hybrid power projects across India to supply power to NPCL. In November 2024, NPCL invited bids for power procurement under the Tariff-Based Competitive Bidding (TBCB) mode.
Author: PPD Team Date: 12/12/2024 NTPC Green Energy Limited has announced plans for a 20,000 MW transmission project in Andhra Pradesh. This project is intended to support NTPC Green’s forthcoming green hydrogen hub, which will be developed across 647.49 hectares at Pudimadaka. The transmission network will connect NTPC’s proposed solar project in Anantapur to the hydrogen hub, establishing a dedicated renewable energy (RE) system to facilitate the growth of green hydrogen production.
Author: PPD Team Date: 06/01/2025 The European Bank for Reconstruction and Development (EBRD) is providing a USD 66.4 million sovereign loan to Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) for a 500 kV, 230 km transmission line connecting Sarimay in Khoresm to Muruntau in Navoi. The project will ease grid bottlenecks, reduce electricity outages during peak demand, and support the integration of renewable energy sources. It aligns with Uzbekistan’s low-carbon development strategy, developed with…
Author: PPD Team Date: 03/04/2025 Resonia Limited, formerly Sterlite Grid 32 Limited, has won the bid for the “Transmission System for Integration of Ananthapur-II Renewable Energy Zone (REZ) Phase-I” project. The contract was awarded through a tariff-based competitive bidding process in 2025. The company will develop the project under a special purpose vehicle (SPV) on a build, own, operate, and transfer (BOOT) basis for 35 years. Meanwhile, PFC Consulting Limited (PFCCL) has incorporated a new…
Author: PPD Team Date: 30/10/2024 NTPC Green Energy, a subsidiary of NTPC Ltd, has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its Rs 100 billion initial public offering (IPO). As India’s largest public sector renewable energy enterprise (excluding hydro) by capacity and power generation in FY 2024, NTPC Green Energy initially filed its IPO documents with SEBI on September 18, 2024. As of June 30, 2024, NTPC…
Author: PPD Team Date: 08/11/2024 Nomura has projected robust growth for India’s power sector, forecasting a compound annual growth rate (CAGR) of over 7% in electricity demand from FY24 to FY27. This surge is fueled by rising economic activity, increased electrification, and demand growth in emerging sectors such as data centres, electric vehicle (EV) charging, and green hydrogen production. Changing weather patterns, which have contributed to recent supply shortages, are also anticipated to drive demand….