Author: PPD Team Date: 02/01/2025
NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited, has invited bids for the 50 MW Andaman & Nicobar Gas Power Project.
Bids can be submitted until January 27, 2025.
The project, based on gas engine power, will be implemented in the Andaman & Nicobar Islands with a targeted completion timeline of 840 days.
Author: PPD Team Date: 03/04/2025 Shell has decided to discontinue its solar and onshore wind power generation projects in Brazil, citing a portfolio adjustment, as reported by Reuters. The move reflects challenges in the country’s renewable sector, including energy oversupply, slow demand growth, and regulatory uncertainties. Documents from Brazil’s official gazette indicate that Shell is seeking to revoke rights for operating certain solar plants in central-west and northeastern Brazil. Despite this exit, Shell will remain…
Author: PPD Team Date: 10/01/2025 Energy infrastructure company LS Power has acquired Algonquin Power & Utilities’ renewable energy business, adding over 3GW of wind and solar assets across the US and Canada to its portfolio. This expands LS Power’s renewable energy capacity, which exceeds 23GW. The acquisition, agreed upon in August 2024, has led to the creation of Clearlight Energy, a new entity managing 44 projects and advancing a 1.8GW development pipeline. Clearlight Energy CEO…
Author: PPD Team Date: 23/12/2024 The European Investment Bank (EIB) and Portuguese utility EDP have signed two loan agreements worth €700 million ($726.8 million) to fund renewable energy projects and expand the power grid in southern Europe. A €500 million loan, part of a €900 million green framework, will support EDP Renewables in deploying 1,943 MW of solar and onshore wind capacity across Portugal, Spain, and Italy by 2026. These installations will generate green energy…
Author: PPD Team Date: 28/10/2024 KEC International has secured new orders worth Rs 11.42 billion across its various business segments: Transmission & Distribution (T&D): Orders for projects in the Middle East and Americas, including a 380 kV transmission line in Saudi Arabia and the supply of towers, hardware, and poles in the Americas. Railways: An order for constructing bridges and associated works for a railway line in India’s conventional segment. Cables: Orders for the supply…
Author: PPD Team Date: 13/01/2025 SJVN Limited plans to commission Unit-I of the Chausa Coal-Based Power Project, also called the Buxar Thermal Power Plant, by March 2025. The project, located in Chausa, Buxar district, Bihar, involves two units of 660 MW each and is being developed at an estimated cost of Rs 104.39 billion. Of this, 70% is being arranged through debt financing. Larsen & Toubro Limited (L&T) is serving as the engineering, procurement, and…
Author: PPD Team Date: 26/12/2024 The Central Government has laid the foundation stone for three hydroelectric projects (HEPs) in Himachal Pradesh. These projects are: Luhri Hydro Electric Project Stage I: This project involves constructing an 86 m high concrete gravity dam across the Satluj river near Nirath village. It will generate 210 MW of hydro power at an estimated cost of Rs 18.10 billion. Sunni Dam Hydro Electric Project: A Run-of-River (RoR) scheme on the…
Author: PPD Team Date: 03/04/2025 Shell has decided to discontinue its solar and onshore wind power generation projects in Brazil, citing a portfolio adjustment, as reported by Reuters. The move reflects challenges in the country’s renewable sector, including energy oversupply, slow demand growth, and regulatory uncertainties. Documents from Brazil’s official gazette indicate that Shell is seeking to revoke rights for operating certain solar plants in central-west and northeastern Brazil. Despite this exit, Shell will remain…
Author: PPD Team Date: 10/01/2025 Energy infrastructure company LS Power has acquired Algonquin Power & Utilities’ renewable energy business, adding over 3GW of wind and solar assets across the US and Canada to its portfolio. This expands LS Power’s renewable energy capacity, which exceeds 23GW. The acquisition, agreed upon in August 2024, has led to the creation of Clearlight Energy, a new entity managing 44 projects and advancing a 1.8GW development pipeline. Clearlight Energy CEO…
Author: PPD Team Date: 23/12/2024 The European Investment Bank (EIB) and Portuguese utility EDP have signed two loan agreements worth €700 million ($726.8 million) to fund renewable energy projects and expand the power grid in southern Europe. A €500 million loan, part of a €900 million green framework, will support EDP Renewables in deploying 1,943 MW of solar and onshore wind capacity across Portugal, Spain, and Italy by 2026. These installations will generate green energy…
Author: PPD Team Date: 28/10/2024 KEC International has secured new orders worth Rs 11.42 billion across its various business segments: Transmission & Distribution (T&D): Orders for projects in the Middle East and Americas, including a 380 kV transmission line in Saudi Arabia and the supply of towers, hardware, and poles in the Americas. Railways: An order for constructing bridges and associated works for a railway line in India’s conventional segment. Cables: Orders for the supply…
Author: PPD Team Date: 13/01/2025 SJVN Limited plans to commission Unit-I of the Chausa Coal-Based Power Project, also called the Buxar Thermal Power Plant, by March 2025. The project, located in Chausa, Buxar district, Bihar, involves two units of 660 MW each and is being developed at an estimated cost of Rs 104.39 billion. Of this, 70% is being arranged through debt financing. Larsen & Toubro Limited (L&T) is serving as the engineering, procurement, and…
Author: PPD Team Date: 26/12/2024 The Central Government has laid the foundation stone for three hydroelectric projects (HEPs) in Himachal Pradesh. These projects are: Luhri Hydro Electric Project Stage I: This project involves constructing an 86 m high concrete gravity dam across the Satluj river near Nirath village. It will generate 210 MW of hydro power at an estimated cost of Rs 18.10 billion. Sunni Dam Hydro Electric Project: A Run-of-River (RoR) scheme on the…
Author: PPD Team Date: 03/04/2025 Shell has decided to discontinue its solar and onshore wind power generation projects in Brazil, citing a portfolio adjustment, as reported by Reuters. The move reflects challenges in the country’s renewable sector, including energy oversupply, slow demand growth, and regulatory uncertainties. Documents from Brazil’s official gazette indicate that Shell is seeking to revoke rights for operating certain solar plants in central-west and northeastern Brazil. Despite this exit, Shell will remain…
Author: PPD Team Date: 10/01/2025 Energy infrastructure company LS Power has acquired Algonquin Power & Utilities’ renewable energy business, adding over 3GW of wind and solar assets across the US and Canada to its portfolio. This expands LS Power’s renewable energy capacity, which exceeds 23GW. The acquisition, agreed upon in August 2024, has led to the creation of Clearlight Energy, a new entity managing 44 projects and advancing a 1.8GW development pipeline. Clearlight Energy CEO…