Author: PPD Team Date: 19/12/2024
Adani Energy Solutions Limited (AESL) established Adani Energy Solutions Step-Eleven Limited (AESSEL), a special purpose vehicle (SPV), on December 17, 2024.
The SPV will focus on transmission, distribution, power supply, and other infrastructure services.
Author: PPD Team Date: 31/01/2025 Odisha has secured investment proposals worth Rs 4,330 billion in the renewable energy sector during the ‘Utkarsh Odisha – Make in Odisha Conclave 2025.’ On the second day of the event, the Sectoral Session on ‘Renewable Energy for Viksit Odisha’ resulted in significant Memorandums of Understanding (MoUs) to strengthen the state’s clean energy infrastructure. Six firms—Mahanadi Coalfields Limited (MCL), NLC India Limited, Indian Oil Corporation Limited (IOCL), Hindustan Petroleum…
Author: PPD Team Date: 24/10/2024 Dominion Energy has completed the sale of a 50% non-controlling interest in its Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak, an alternative investment firm. This transaction, first announced in February 2024, has provided Dominion Energy with $2.6 billion in proceeds, approximately half of the capital investment made in the project so far. Stonepeak will also finance half of the remaining project costs, following pre-disclosed conditions. Dominion Energy retains…
Author: PPD Team Date: 22/01/2025 TD Power Systems (TDPS) has secured an order worth Rs 570 million from the Nuclear Power Corporation of India (NPCIL). The order involves supplying advanced low-speed induction motors to replace high-speed imported motors with reduced gearboxes. These motors, featuring titanium tube heat exchangers, are designed to meet stringent weight and seismic requirements. They will be installed at NPCIL’s Kudankulam nuclear power plant, and delivery and commissioning are planned for 2025-27.
Author: PPD Team Date: 07/01/2025 The Ministry of Industry and Trade (MoIT) of Vietnam is revising its Power Development Plan VIII (PDP VIII) to incorporate waste-to-energy projects. The revision will integrate local government proposals, focusing on waste resource capacities and their impact on the national grid. The updated plan is set to be submitted to the Prime Minister for approval by February 2025. This follows the approval of Decision No. 262/QD-TTg, which includes various renewable…
Author: PPD Team Date: 17/03/2025 Patratu Vidyut Utpadan Nigam Limited (PVUNL) achieved a major milestone on March 11, 2025, by synchronizing Unit 1 of the Patratu Thermal Power Project Phase I with the grid. On the same day, a dry run was completed for all units of the project, marking significant progress in its commissioning. PVUNL, a special purpose vehicle (SPV) formed by NTPC Limited in partnership with Jharkhand Bijli Vitran Nigam Limited (JBVN), is…
Author: PPD Team Date: 08/04/2025 Tata Power has received approval from the Maharashtra Electricity Regulatory Commission (MERC) to install a 100 MW Battery Energy Storage System (BESS) in Mumbai. The project will be completed over the next two years. The system includes advanced ‘black start’ functionality. This feature allows a quick restoration of power to key infrastructure—such as the metro, hospitals, the airport, and data centers—during grid failures. It is aimed at preventing widespread blackouts…
Author: PPD Team Date: 31/01/2025 Odisha has secured investment proposals worth Rs 4,330 billion in the renewable energy sector during the ‘Utkarsh Odisha – Make in Odisha Conclave 2025.’ On the second day of the event, the Sectoral Session on ‘Renewable Energy for Viksit Odisha’ resulted in significant Memorandums of Understanding (MoUs) to strengthen the state’s clean energy infrastructure. Six firms—Mahanadi Coalfields Limited (MCL), NLC India Limited, Indian Oil Corporation Limited (IOCL), Hindustan Petroleum…
Author: PPD Team Date: 24/10/2024 Dominion Energy has completed the sale of a 50% non-controlling interest in its Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak, an alternative investment firm. This transaction, first announced in February 2024, has provided Dominion Energy with $2.6 billion in proceeds, approximately half of the capital investment made in the project so far. Stonepeak will also finance half of the remaining project costs, following pre-disclosed conditions. Dominion Energy retains…
Author: PPD Team Date: 22/01/2025 TD Power Systems (TDPS) has secured an order worth Rs 570 million from the Nuclear Power Corporation of India (NPCIL). The order involves supplying advanced low-speed induction motors to replace high-speed imported motors with reduced gearboxes. These motors, featuring titanium tube heat exchangers, are designed to meet stringent weight and seismic requirements. They will be installed at NPCIL’s Kudankulam nuclear power plant, and delivery and commissioning are planned for 2025-27.
Author: PPD Team Date: 07/01/2025 The Ministry of Industry and Trade (MoIT) of Vietnam is revising its Power Development Plan VIII (PDP VIII) to incorporate waste-to-energy projects. The revision will integrate local government proposals, focusing on waste resource capacities and their impact on the national grid. The updated plan is set to be submitted to the Prime Minister for approval by February 2025. This follows the approval of Decision No. 262/QD-TTg, which includes various renewable…
Author: PPD Team Date: 17/03/2025 Patratu Vidyut Utpadan Nigam Limited (PVUNL) achieved a major milestone on March 11, 2025, by synchronizing Unit 1 of the Patratu Thermal Power Project Phase I with the grid. On the same day, a dry run was completed for all units of the project, marking significant progress in its commissioning. PVUNL, a special purpose vehicle (SPV) formed by NTPC Limited in partnership with Jharkhand Bijli Vitran Nigam Limited (JBVN), is…
Author: PPD Team Date: 08/04/2025 Tata Power has received approval from the Maharashtra Electricity Regulatory Commission (MERC) to install a 100 MW Battery Energy Storage System (BESS) in Mumbai. The project will be completed over the next two years. The system includes advanced ‘black start’ functionality. This feature allows a quick restoration of power to key infrastructure—such as the metro, hospitals, the airport, and data centers—during grid failures. It is aimed at preventing widespread blackouts…
Author: PPD Team Date: 31/01/2025 Odisha has secured investment proposals worth Rs 4,330 billion in the renewable energy sector during the ‘Utkarsh Odisha – Make in Odisha Conclave 2025.’ On the second day of the event, the Sectoral Session on ‘Renewable Energy for Viksit Odisha’ resulted in significant Memorandums of Understanding (MoUs) to strengthen the state’s clean energy infrastructure. Six firms—Mahanadi Coalfields Limited (MCL), NLC India Limited, Indian Oil Corporation Limited (IOCL), Hindustan Petroleum…
Author: PPD Team Date: 24/10/2024 Dominion Energy has completed the sale of a 50% non-controlling interest in its Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak, an alternative investment firm. This transaction, first announced in February 2024, has provided Dominion Energy with $2.6 billion in proceeds, approximately half of the capital investment made in the project so far. Stonepeak will also finance half of the remaining project costs, following pre-disclosed conditions. Dominion Energy retains…