Author: PPD Team Date: December 20, 2024
NTPC Green Energy has announced the commencement of operations for its wholly-owned subsidiary, NTPC Renewable Energy’s 150 MW Gujarat solar PV project in Mesanka, Gujarat.
On December 18, 2024, the Gujarat Energy Development Agency issued a certificate confirming the commercial operation of the second part capacity of 30 MW, effective from December 11, 2024.
Author: PPD Team Date: December 19, 2024 On December 19, 2024, Gujarat Urja Vikas Nigam Limited (GUVNL) announced the winners of its 500 MW Solar Photovoltaic (PV) Power Projects under Phase XXV without energy storage systems (ESS). The successful bidders are: Drashta Green Power Limited: 10 MW at Rs 2.55 per kWh S.B.B. Mouldings Private Limited: 10 MW at Rs 2.55 per kWh Enertech Fuel Solutions Private Limited: 40 MW at Rs 2.55 per kWh…
Author: PPD Team Date: February 13, 2025 Megha Engineering and Infrastructure Limited (MEIL) is set to invest Rs 103 billion in developing a pumped storage project (PSP) at Kommuru in Annamayya district, Andhra Pradesh. The project has received approval from the State Investment Promotion Board (SIPB), chaired by Chief Minister Chandrababu Naidu. This project is among 15 PSPs approved by SIPB and aims to enhance the region’s energy infrastructure. Along with generating clean electricity, the…
Author: PPD Team Date: November 14, 2025 The Central Electricity Authority has issued guidelines under Section 63 of the Electricity Act, 2003 for tariff-based competitive bidding to procure power from grid-connected Waste to Energy projects. The guidelines set out a uniform process for procurement and seek to support new plants that use municipal solid waste as fuel. The guidelines apply to new WTE projects based on commercially proven technologies. They assign clear roles to the…
Author: PPD Team Date: December 5, 2024 Cyient DLM has signed a memorandum of understanding (MoU) with Arcedo Systems to establish a 500 kWp rooftop solar power plant at its Mysore facility. Arcedo Systems will handle the design, engineering, installation, and maintenance of the plant, which will operate under a long-term power purchase agreement (PPA). Cyient DLM will source solar power directly from the facility, reducing its carbon footprint and enhancing energy efficiency. Cyient DLM…
Author: PPD Team Date: October 8, 2025 Corporate purchasers are increasingly driving renewable energy development in the US, according to a report commissioned by the Clean Energy Buyers Association (CEBA). The study found that without voluntary commitments from companies to buy renewable power, many projects would face financing hurdles, limiting the ability to meet growing electricity demand. Virtual power purchase agreements (VPPAs), which allow companies to secure long-term contracts for future electricity at fixed prices,…
Author: PPD Team Date: November 26, 2024 German energy group RWE has acquired a majority stake in R3 Renewables, a joint venture (JV) formed by US coal miner Peabody Energy, Summit Partners Credit Advisors (SPCA), and Riverstone Credit Partners. The deal, for an undisclosed sum, involves RWE taking over the shares of SPCA and Riverstone Credit Partners, with Peabody retaining a 25% stake in the JV. R3 Renewables focuses on repurposing former coal mining sites…