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: 12/12/2024 Zimbabwe’s industrial power users, represented by the Intensive Energy User Group (IEUG), have secured $250 million in financing from the African Export-Import Bank (Afreximbank) to develop a floating solar project at Kariba Dam. The project, which will have an initial 250MW capacity, is expected to be completed by mid-2026, with plans to expand to 1GW in phases. Each 250MW phase will cost $250 million. The project is critical as Zimbabwe…
Author: PPD Team Date: 03/04/2025 MERC approves TP Solapur Saurya and others’ petition against incorrect levy of wheeling charges The Maharashtra Electricity Regulatory Commission (MERC) has approved the petition filed by TP Solapur Saurya Limited, TP Arya Saurya Limited, and TP Ekadash Limited regarding the incorrect levy of wheeling charges and losses on the energy generated from their solar power plants. The commission ruled that Maharashtra State Electricity Distribution Company Limited (MSEDCL) is not…
Author: PPD Team Date: 11/12/2024 Jacobs has joined hands with Terra Solar Philippines Incorporation for a $3.3 billion energy project aimed at meeting 12% of the Philippines’ energy demand. The initiative features a 3.5 GW solar plant and 4.5 GW battery storage system spread across 3,000 hectares. It will utilize advanced digital tools and drones for monitoring and logistics. The project aims to reduce the country’s dependence on coal and promote cleaner energy solutions. Jacobs…
Author: PPD Team Date: 26/11/2024 Eminent Electricity Distribution, a subsidiary of CESC under the RP-Sanjiv Goenka Group, has secured a letter of intent (LoI) to acquire 100 per cent equity in Chandigarh’s electricity distribution and retail supply company for Rs 8.71 billion. This marks a major step in the privatisation of power distribution in the union territory, following nearly three years of delays. CESC won the tender in 2021, emerging as the highest bidder in…
Author: PPD Team Date: 28/04/2025 Indian Energy Exchange Limited (IEX) posted a net profit of Rs 4.29 billion for 2024-25, a 22.22 per cent rise from the previous year’s Rs 3.51 billion. The company’s total income also grew by 19.23 per cent. It reached Rs 6.57 billion in 2024-25, compared to Rs 5.51 billion a year earlier. Meanwhile, Adani Energy Services Limited (AESL) reported a different trend. Its net profit fell by 22.90 per cent…
Author: PPD Team Date: 16/10/2024 The 1.3GW Golden Plains wind farm, located in Rokewood, Victoria, has begun supplying renewable energy to the state’s electricity grid. As the largest wind farm in the southern hemisphere, it will generate 4,000 GWh annually, covering 9% of Victoria’s energy needs and powering 765,000 homes when fully operational. The project includes a 300MW battery to store surplus energy, ensuring reliable supply during peak demand. The wind farm’s construction created 700…
Author: PPD Team Date: 12/12/2024 Zimbabwe’s industrial power users, represented by the Intensive Energy User Group (IEUG), have secured $250 million in financing from the African Export-Import Bank (Afreximbank) to develop a floating solar project at Kariba Dam. The project, which will have an initial 250MW capacity, is expected to be completed by mid-2026, with plans to expand to 1GW in phases. Each 250MW phase will cost $250 million. The project is critical as Zimbabwe…
Author: PPD Team Date: 03/04/2025 MERC approves TP Solapur Saurya and others’ petition against incorrect levy of wheeling charges The Maharashtra Electricity Regulatory Commission (MERC) has approved the petition filed by TP Solapur Saurya Limited, TP Arya Saurya Limited, and TP Ekadash Limited regarding the incorrect levy of wheeling charges and losses on the energy generated from their solar power plants. The commission ruled that Maharashtra State Electricity Distribution Company Limited (MSEDCL) is not…
Author: PPD Team Date: 11/12/2024 Jacobs has joined hands with Terra Solar Philippines Incorporation for a $3.3 billion energy project aimed at meeting 12% of the Philippines’ energy demand. The initiative features a 3.5 GW solar plant and 4.5 GW battery storage system spread across 3,000 hectares. It will utilize advanced digital tools and drones for monitoring and logistics. The project aims to reduce the country’s dependence on coal and promote cleaner energy solutions. Jacobs…
Author: PPD Team Date: 26/11/2024 Eminent Electricity Distribution, a subsidiary of CESC under the RP-Sanjiv Goenka Group, has secured a letter of intent (LoI) to acquire 100 per cent equity in Chandigarh’s electricity distribution and retail supply company for Rs 8.71 billion. This marks a major step in the privatisation of power distribution in the union territory, following nearly three years of delays. CESC won the tender in 2021, emerging as the highest bidder in…
Author: PPD Team Date: 28/04/2025 Indian Energy Exchange Limited (IEX) posted a net profit of Rs 4.29 billion for 2024-25, a 22.22 per cent rise from the previous year’s Rs 3.51 billion. The company’s total income also grew by 19.23 per cent. It reached Rs 6.57 billion in 2024-25, compared to Rs 5.51 billion a year earlier. Meanwhile, Adani Energy Services Limited (AESL) reported a different trend. Its net profit fell by 22.90 per cent…
Author: PPD Team Date: 16/10/2024 The 1.3GW Golden Plains wind farm, located in Rokewood, Victoria, has begun supplying renewable energy to the state’s electricity grid. As the largest wind farm in the southern hemisphere, it will generate 4,000 GWh annually, covering 9% of Victoria’s energy needs and powering 765,000 homes when fully operational. The project includes a 300MW battery to store surplus energy, ensuring reliable supply during peak demand. The wind farm’s construction created 700…
Author: PPD Team Date: 12/12/2024 Zimbabwe’s industrial power users, represented by the Intensive Energy User Group (IEUG), have secured $250 million in financing from the African Export-Import Bank (Afreximbank) to develop a floating solar project at Kariba Dam. The project, which will have an initial 250MW capacity, is expected to be completed by mid-2026, with plans to expand to 1GW in phases. Each 250MW phase will cost $250 million. The project is critical as Zimbabwe…
Author: PPD Team Date: 03/04/2025 MERC approves TP Solapur Saurya and others’ petition against incorrect levy of wheeling charges The Maharashtra Electricity Regulatory Commission (MERC) has approved the petition filed by TP Solapur Saurya Limited, TP Arya Saurya Limited, and TP Ekadash Limited regarding the incorrect levy of wheeling charges and losses on the energy generated from their solar power plants. The commission ruled that Maharashtra State Electricity Distribution Company Limited (MSEDCL) is not…