Author: PPD Team Date: 07/01/2025
Gensol Engineering Limited has secured an engineering, procurement, and construction (EPC) contract for a 275 MW solar photovoltaic project at the Khavda Rann renewable energy solar park in Kutch, Gujarat.
The project, valued at Rs 10.61 billion, also includes three years of operations and maintenance.
Author: PPD Team Date: 28/10/2024 Power Grid Corporation of India Ltd (PGCIL) has been named the successful bidder for developing a mega Inter-State Transmission System (ISTS) project utilizing HVDC technology. The project, known as the “Evacuation of power from potential renewable energy zone in Khavda area of Gujarat under Phase-V (8 GW): Part A,” will be established on a build, own, operate, and transfer (BOOT) basis. The letter of intent (LoI) was received on October…
Author: PPD Team Date: 28/03/2025 India’s transition to clean energy and sustainable financing gained momentum today with three significant developments across the solar, electric vehicle (EV), and renewable power sectors. Luminous Power Technologies partnered with the State Bank of India (SBI) to enhance solar financing access, Shriram Finance Limited secured a $150 million loan from the Asian Development Bank (ADB) to expand EV financing, and Oil and Natural Gas Corporation Limited (ONGC) committed Rs 33…
Author: PPD Team Date: 06/05/2025 REC Power Distribution Company Limited (REC PDCL) has launched a bidding process to select transmission service providers (TSPs) for two major transmission projects in Karnataka. The bids were invited on April 30, 2025, through tariff-based competitive bidding (TBCB) on a build, own, operate, and transfer (BOOT) basis. The last date to submit bids is July 4, 2025. The projects involve establishing 400 kV substations and associated transmission lines at Mekhali…
Author: PPD Team Date: 10/02/2025 GE Vernova T&D India Ltd has reported a 75 per cent year-on-year increase in order inflows for the first three quarters (9M: April to December) of FY25. The new order inflow during this period reached Rs 77,871 million, up from Rs 44,563 million in FY24. The strong performance in FY25 was driven by a remarkable Q2 (July to September), which saw Rs 46,824 million worth of orders booked, accounting for…
Author: PPD Team Date: 28/10/2024 Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Enersol (DATTA INFRA), and ReNew Solar have been selected as winners in NTPC’s auction to develop inter-state transmission system (ISTS) connected wind-solar hybrid power projects with a total capacity of 1.2 GW. Green Prairie Energy and Adyant Enersol secured 200 MW and 70 MW, respectively, at a tariff of Rs 3.28 per kWh. Sembcorp Green Infra, Adani Renewable…
Author: PPD Team Date: 03/12/2024 Global green technology leader Envision Energy has partnered with Samruk Energy and Kazakhstan Utility Systems to support Kazakhstan’s renewable energy transition by establishing local manufacturing facilities for wind turbines and energy storage systems. The initiative will focus on producing smart wind turbines and energy storage systems locally, reducing transportation costs, minimizing environmental impact, and fostering energy independence. Kazakhstan Utility Systems CEO Sabyrgali Idrisov highlighted the partnership’s role in advancing renewable…
Author: PPD Team Date: 28/10/2024 Power Grid Corporation of India Ltd (PGCIL) has been named the successful bidder for developing a mega Inter-State Transmission System (ISTS) project utilizing HVDC technology. The project, known as the “Evacuation of power from potential renewable energy zone in Khavda area of Gujarat under Phase-V (8 GW): Part A,” will be established on a build, own, operate, and transfer (BOOT) basis. The letter of intent (LoI) was received on October…
Author: PPD Team Date: 28/03/2025 India’s transition to clean energy and sustainable financing gained momentum today with three significant developments across the solar, electric vehicle (EV), and renewable power sectors. Luminous Power Technologies partnered with the State Bank of India (SBI) to enhance solar financing access, Shriram Finance Limited secured a $150 million loan from the Asian Development Bank (ADB) to expand EV financing, and Oil and Natural Gas Corporation Limited (ONGC) committed Rs 33…
Author: PPD Team Date: 06/05/2025 REC Power Distribution Company Limited (REC PDCL) has launched a bidding process to select transmission service providers (TSPs) for two major transmission projects in Karnataka. The bids were invited on April 30, 2025, through tariff-based competitive bidding (TBCB) on a build, own, operate, and transfer (BOOT) basis. The last date to submit bids is July 4, 2025. The projects involve establishing 400 kV substations and associated transmission lines at Mekhali…
Author: PPD Team Date: 10/02/2025 GE Vernova T&D India Ltd has reported a 75 per cent year-on-year increase in order inflows for the first three quarters (9M: April to December) of FY25. The new order inflow during this period reached Rs 77,871 million, up from Rs 44,563 million in FY24. The strong performance in FY25 was driven by a remarkable Q2 (July to September), which saw Rs 46,824 million worth of orders booked, accounting for…
Author: PPD Team Date: 28/10/2024 Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Enersol (DATTA INFRA), and ReNew Solar have been selected as winners in NTPC’s auction to develop inter-state transmission system (ISTS) connected wind-solar hybrid power projects with a total capacity of 1.2 GW. Green Prairie Energy and Adyant Enersol secured 200 MW and 70 MW, respectively, at a tariff of Rs 3.28 per kWh. Sembcorp Green Infra, Adani Renewable…
Author: PPD Team Date: 03/12/2024 Global green technology leader Envision Energy has partnered with Samruk Energy and Kazakhstan Utility Systems to support Kazakhstan’s renewable energy transition by establishing local manufacturing facilities for wind turbines and energy storage systems. The initiative will focus on producing smart wind turbines and energy storage systems locally, reducing transportation costs, minimizing environmental impact, and fostering energy independence. Kazakhstan Utility Systems CEO Sabyrgali Idrisov highlighted the partnership’s role in advancing renewable…
Author: PPD Team Date: 28/10/2024 Power Grid Corporation of India Ltd (PGCIL) has been named the successful bidder for developing a mega Inter-State Transmission System (ISTS) project utilizing HVDC technology. The project, known as the “Evacuation of power from potential renewable energy zone in Khavda area of Gujarat under Phase-V (8 GW): Part A,” will be established on a build, own, operate, and transfer (BOOT) basis. The letter of intent (LoI) was received on October…
Author: PPD Team Date: 28/03/2025 India’s transition to clean energy and sustainable financing gained momentum today with three significant developments across the solar, electric vehicle (EV), and renewable power sectors. Luminous Power Technologies partnered with the State Bank of India (SBI) to enhance solar financing access, Shriram Finance Limited secured a $150 million loan from the Asian Development Bank (ADB) to expand EV financing, and Oil and Natural Gas Corporation Limited (ONGC) committed Rs 33…