Author: PPD Team Date: 17/12/2024
GE Power India Limited has received an extended purchase order from Madhya Pradesh Power Generating Company Limited (MPPGCL) to supply boiler parts at the Sanjay Gandhi Power Station.
The order is valued at Rs 182.7 million and is scheduled for execution within 3.5 months.
Author: PPD Team Date: 18/12/2024 VCI Global aims to develop and acquire up to 100 MW of solar photovoltaic (PV) projects across Southeast Asia and Europe within the next five years, generating an estimated $200 million in revenue over 20 years. The company plans to source at least 70 percent of this capacity from projects in Malaysia, leveraging government programs like the Corporate Renewable Energy Supply Scheme (CRESS). Additionally, VCI Global intends to acquire 30…
Author: PPD Team Date: 23/12/2024 Hanwha Qcells Georgia has secured a $1.45 billion loan guarantee from the US Department of Energy’s Loan Programs Office (LPO) to fund the development of a solar supply chain facility in Cartersville, Georgia. This facility will become the largest ingot and wafer production plant in the US and the first fully integrated silicon-based solar manufacturing plant in over a decade. The plant will produce 3.3GW of solar panels annually, powering…
Author: PPD Team Date: 04/12/2024 The National Committee on Transmission (NCT) recently approved the Eastern Region Expansion Scheme-44 (ERES-44), estimated to cost Rs 3.85 billion, to be executed by Power Grid Corporation of India Ltd (PGCIL) under the Regulated Tariff Mechanism (RTM). The project will modernize the ageing 220 kV transmission network in the Eastern region, including cross-border lines with Bhutan. It involves replacing existing conductors with High-Temperature Low Sag (HTLS) conductors, capable of handling…
Author: PPD Team Date: 22/11/2024 ACCIONA Energía has signed an agreement with Endesa for the sale of 100% of Corporación Acciona Hidráulica, S.L., for €1 billion (enterprise value). The debt-free transaction is expected to generate capital gains of €620 million, with completion anticipated in the first half of 2025, pending antitrust and foreign investment approvals. The portfolio includes 34 hydroelectric plants with a total installed capacity of 626 MW, located across Aragón, Navarra, Soria, and…
Author: PPD Team Date: 28/10/2024 Rajesh Power Services Ltd (RPSL) has filed its draft red herring prospectus (DRHP) with BSE SME for an initial public offering (IPO). The IPO includes a fresh issue of 2.79 million equity shares, each with a face value of Rs 10, and an offer for sale of up to 2 million equity shares, also with a face value of Rs 10, through the book-building route. The selling shareholders include Beena…
Author: PPD Team Date: 15/10/2024 Himachal Pradesh is set to fully electrify its public transport system, with Chief Minister Sukhvinder Sukhu announcing a plan to convert the Himachal Road Transport Corporation (HRTC) fleet to 100% electric by March 2025. The transition to electric vehicles aims to reduce the environmental impact and improve HRTC’s financial performance, positioning it as a key player in sustainable transport across Himachal Pradesh’s challenging terrain.
Author: PPD Team Date: 18/12/2024 VCI Global aims to develop and acquire up to 100 MW of solar photovoltaic (PV) projects across Southeast Asia and Europe within the next five years, generating an estimated $200 million in revenue over 20 years. The company plans to source at least 70 percent of this capacity from projects in Malaysia, leveraging government programs like the Corporate Renewable Energy Supply Scheme (CRESS). Additionally, VCI Global intends to acquire 30…
Author: PPD Team Date: 23/12/2024 Hanwha Qcells Georgia has secured a $1.45 billion loan guarantee from the US Department of Energy’s Loan Programs Office (LPO) to fund the development of a solar supply chain facility in Cartersville, Georgia. This facility will become the largest ingot and wafer production plant in the US and the first fully integrated silicon-based solar manufacturing plant in over a decade. The plant will produce 3.3GW of solar panels annually, powering…
Author: PPD Team Date: 04/12/2024 The National Committee on Transmission (NCT) recently approved the Eastern Region Expansion Scheme-44 (ERES-44), estimated to cost Rs 3.85 billion, to be executed by Power Grid Corporation of India Ltd (PGCIL) under the Regulated Tariff Mechanism (RTM). The project will modernize the ageing 220 kV transmission network in the Eastern region, including cross-border lines with Bhutan. It involves replacing existing conductors with High-Temperature Low Sag (HTLS) conductors, capable of handling…
Author: PPD Team Date: 22/11/2024 ACCIONA Energía has signed an agreement with Endesa for the sale of 100% of Corporación Acciona Hidráulica, S.L., for €1 billion (enterprise value). The debt-free transaction is expected to generate capital gains of €620 million, with completion anticipated in the first half of 2025, pending antitrust and foreign investment approvals. The portfolio includes 34 hydroelectric plants with a total installed capacity of 626 MW, located across Aragón, Navarra, Soria, and…
Author: PPD Team Date: 28/10/2024 Rajesh Power Services Ltd (RPSL) has filed its draft red herring prospectus (DRHP) with BSE SME for an initial public offering (IPO). The IPO includes a fresh issue of 2.79 million equity shares, each with a face value of Rs 10, and an offer for sale of up to 2 million equity shares, also with a face value of Rs 10, through the book-building route. The selling shareholders include Beena…
Author: PPD Team Date: 15/10/2024 Himachal Pradesh is set to fully electrify its public transport system, with Chief Minister Sukhvinder Sukhu announcing a plan to convert the Himachal Road Transport Corporation (HRTC) fleet to 100% electric by March 2025. The transition to electric vehicles aims to reduce the environmental impact and improve HRTC’s financial performance, positioning it as a key player in sustainable transport across Himachal Pradesh’s challenging terrain.
Author: PPD Team Date: 18/12/2024 VCI Global aims to develop and acquire up to 100 MW of solar photovoltaic (PV) projects across Southeast Asia and Europe within the next five years, generating an estimated $200 million in revenue over 20 years. The company plans to source at least 70 percent of this capacity from projects in Malaysia, leveraging government programs like the Corporate Renewable Energy Supply Scheme (CRESS). Additionally, VCI Global intends to acquire 30…
Author: PPD Team Date: 23/12/2024 Hanwha Qcells Georgia has secured a $1.45 billion loan guarantee from the US Department of Energy’s Loan Programs Office (LPO) to fund the development of a solar supply chain facility in Cartersville, Georgia. This facility will become the largest ingot and wafer production plant in the US and the first fully integrated silicon-based solar manufacturing plant in over a decade. The plant will produce 3.3GW of solar panels annually, powering…