Author: PPD Team Date: 03/01/2025
Power Mech Projects has secured a Rs 29.4 billion order from Adani Power for services related to the 1,320 MW Korba Phase-II Thermal Power Project in Chhattisgarh.
The contract involves overhauling, erection, testing, commissioning, and manpower support for performance guarantee tests of steam generators (SG) for Units 3 and 4.
These activities are essential to ensure operational efficiency and meet technical requirements.
Author: PPD Team Date: 31/03/2025 Actis, a global investor in sustainable infrastructure, has acquired the entire operating portfolio of Stride Climate Investments, consisting of 371 MW (414 MWp) of solar power projects in India. The deal was finalized with Macquarie Asset Management, which previously managed the portfolio. The portfolio includes 21 solar projects spread across seven states, with a significant concentration in Gujarat. These projects operate under long-term pay-as-produce power purchase agreements with a diverse…
Author: PPD Team Date: 05/03/2025 ACME Solar Holdings Limited plans to invest Rs 170 billion in capital expenditure in the calendar year 2026 to expand its renewable energy capacity to 5,000 MW by 2027, focusing on hybrid and firm dispatchable renewable energy (FDRE) projects. The company aims to triple its capacity to 7,000 MW by 2028, rolling out expansion in two phases starting in April 2025. While primarily focused on solar, wind, and hybrid energy,…
Author: PPD Team Date: 10/06/2025 REC Limited has received approval from the Central Board of Direct Taxes (CBDT), Ministry of Finance, to issue zero coupon bonds worth Rs 50 billion. These bonds will have a tenure of ten years and six months. They will be issued at a deep discount and redeemed at face value upon maturity. The structure offers tax benefits to investors under the Income Tax Act, 1961. REC had previously launched a…
Author: PPD Team Date: 29/11/2024 The Union government approved coal allocation for Madhya Pradesh on 28 November 2024 to establish thermal power plants with a combined capacity of 4,100 MW. This was the first approval for coal allocation in five years, with the last granted in 2019 for plants totaling 1,360 MW. The new power plants are expected to attract investments of Rs 250 billion and create significant direct and indirect employment opportunities, according to…
Author: PPD Team Date: 23/01/2025 Trincomalee Power Company Limited (TPCL), a joint venture between NTPC Limited and the Ceylon Electricity Board (CEB), is developing a 50 MW solar project in Sampoor, Trincomalee, Sri Lanka, with potential for expansion to 120 MW. The project’s tariff has been finalised at 5.97 US cents per unit. The Sampoor Solar Project is aligned with Sri Lanka’s renewable energy goals and will contribute to long-term energy security. The electricity generated…
Author: PPD Team Date: 20/12/2024 The Tlawng Hydro-Electrical Project, with a planned capacity of 120 MW, is set to begin construction in FY 2025. Detailed Project Report (DPR) preparation is currently underway. The Central Water Commission (CWC) has completed key studies, including topographical survey, geotechnical investigation, seismic study, and construction material analysis, along with a foundation study for the dam site. Tender evaluation for the project is in progress. Located near North Lungleg in Mizoram’s…
Author: PPD Team Date: 31/03/2025 Actis, a global investor in sustainable infrastructure, has acquired the entire operating portfolio of Stride Climate Investments, consisting of 371 MW (414 MWp) of solar power projects in India. The deal was finalized with Macquarie Asset Management, which previously managed the portfolio. The portfolio includes 21 solar projects spread across seven states, with a significant concentration in Gujarat. These projects operate under long-term pay-as-produce power purchase agreements with a diverse…
Author: PPD Team Date: 05/03/2025 ACME Solar Holdings Limited plans to invest Rs 170 billion in capital expenditure in the calendar year 2026 to expand its renewable energy capacity to 5,000 MW by 2027, focusing on hybrid and firm dispatchable renewable energy (FDRE) projects. The company aims to triple its capacity to 7,000 MW by 2028, rolling out expansion in two phases starting in April 2025. While primarily focused on solar, wind, and hybrid energy,…
Author: PPD Team Date: 10/06/2025 REC Limited has received approval from the Central Board of Direct Taxes (CBDT), Ministry of Finance, to issue zero coupon bonds worth Rs 50 billion. These bonds will have a tenure of ten years and six months. They will be issued at a deep discount and redeemed at face value upon maturity. The structure offers tax benefits to investors under the Income Tax Act, 1961. REC had previously launched a…
Author: PPD Team Date: 29/11/2024 The Union government approved coal allocation for Madhya Pradesh on 28 November 2024 to establish thermal power plants with a combined capacity of 4,100 MW. This was the first approval for coal allocation in five years, with the last granted in 2019 for plants totaling 1,360 MW. The new power plants are expected to attract investments of Rs 250 billion and create significant direct and indirect employment opportunities, according to…
Author: PPD Team Date: 23/01/2025 Trincomalee Power Company Limited (TPCL), a joint venture between NTPC Limited and the Ceylon Electricity Board (CEB), is developing a 50 MW solar project in Sampoor, Trincomalee, Sri Lanka, with potential for expansion to 120 MW. The project’s tariff has been finalised at 5.97 US cents per unit. The Sampoor Solar Project is aligned with Sri Lanka’s renewable energy goals and will contribute to long-term energy security. The electricity generated…
Author: PPD Team Date: 20/12/2024 The Tlawng Hydro-Electrical Project, with a planned capacity of 120 MW, is set to begin construction in FY 2025. Detailed Project Report (DPR) preparation is currently underway. The Central Water Commission (CWC) has completed key studies, including topographical survey, geotechnical investigation, seismic study, and construction material analysis, along with a foundation study for the dam site. Tender evaluation for the project is in progress. Located near North Lungleg in Mizoram’s…
Author: PPD Team Date: 31/03/2025 Actis, a global investor in sustainable infrastructure, has acquired the entire operating portfolio of Stride Climate Investments, consisting of 371 MW (414 MWp) of solar power projects in India. The deal was finalized with Macquarie Asset Management, which previously managed the portfolio. The portfolio includes 21 solar projects spread across seven states, with a significant concentration in Gujarat. These projects operate under long-term pay-as-produce power purchase agreements with a diverse…
Author: PPD Team Date: 05/03/2025 ACME Solar Holdings Limited plans to invest Rs 170 billion in capital expenditure in the calendar year 2026 to expand its renewable energy capacity to 5,000 MW by 2027, focusing on hybrid and firm dispatchable renewable energy (FDRE) projects. The company aims to triple its capacity to 7,000 MW by 2028, rolling out expansion in two phases starting in April 2025. While primarily focused on solar, wind, and hybrid energy,…