Author: PPD Team Date: 23/12/2024
The Board of Directors (BoD) of Kovalam Investment and Trading Company Limited has approved an investment for setting up decentralised solar power projects in Madhya Pradesh.
The decentralised solar power projects would be set up under component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme of Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) in the state.
Author: PPD Team Date: 22/11/2024 THDC India Limited synchronised Unit I of the Tehri Pumped Storage Plant Project with the National Grid on November 19, 2024. Furthermore, the coal firing was also achieved within a few hours of oil synchronisation. THDC, a joint venture (JV) of NTPC Limited and the Government of Uttar Pradesh (GoUP), is implementing the project. The Tehri PSP consists of four reversible pump turbine units of 250 MW each in Uttarakhand.
Author: PPD Team Date: 11/12/2024 Japan has identified manufacturing and renewable energy, particularly solar energy, as key sectors for collaboration with Rajasthan. This focus was highlighted during the Japan Country Session titled “Versatility of Industries: Manufacturing and Beyond” at the Rising Rajasthan Global Investors Summit in Jaipur on December 9, 2024. The session emphasized leveraging Japan’s advanced technologies, sustainability initiatives, and digital expertise to bolster Rajasthan’s industrial base. Discussions explored potential partnerships to drive growth…
Author: PPD Team Date: 25/10/2024 JSW Energy’s step-down subsidiary, JSW Renew Energy Eleven, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 700 MW solar capacity under SECI Tranche XIII. The PPA, with a tariff of Rs 2.56/kWh, is set for 25 years, and the project is expected to be commissioned within 24 months. JSW Energy, targeting 10 GW operational capacity by FY 2025, currently operates 7.9 GW…
Author: PPD Team Date: 21/01/2025 UEM Lestra, a subsidiary of the UEM Group, has finalized agreements with off-takers for its 1GW hybrid solar power plant project under Malaysia’s Corporate Renewable Energy Supply Scheme (CRESS). The project, located in Segamat, Johor, is part of the National Energy Transition Roadmap (NETR). The initial phase of the 1700-acre project will involve an investment of RM2.5 billion ($556.3 million) and a solar capacity of 750 megawatts peak, supported by…
Author: PPD Team Date: 03/03/2025 Two interstate transmission system (ISTS) schemes for augmentation works at the Bhuj-II Pooling Station in Gujarat will now be implemented under the regulated tariff mechanism (RTM) instead of tariff-based competitive bidding (TBCB), as Power Grid Corporation of India Ltd (PGCIL) remained the sole bidder despite extended bidding timelines. The National Committee on Transmission (NCT) has approved the shift, with Powergrid Bhuj Transmission Ltd (PBTL), a TBCB subsidiary of PGCIL, set…
Author: PPD Team Date: 10/02/2025 Luminous Power Technologies has inaugurated a lead acid battery manufacturing facility in Haridwar, Uttarakhand. Spanning 8 acres in the SIDCUL Industrial Estate, the plant features a green positive plate manufacturing process using 100 per cent grey oxide through a wet paste filling method for industrial batteries. It also includes an acid circulation system, an automatic battery assembly line operating at twice the speed of conventional systems, and a high-speed battery…