Author: PPD Team Date: 08/01/2025
NHPC Limited has resumed construction work on the Parbati Hydro Electric Project Stage-II, which had previously faced roadblocks due to local opposition.
The project, located on the Beas River in Kullu District, Himachal Pradesh, involves establishing an 800 MW capacity and is being developed with an investment of Rs 98.97 billion. It is situated approximately 260 km from Chandigarh.
Author: PPD Team Date: 03/03/2025 Karnataka’s Rural Development and Panchayat Raj (RDPR) Department and the Energy Department are planning on a 3,000 MW decentralised solar project to reduce the burden of Rs 220 million in annual electricity bills. The project will cover 29 of Karnataka’s 31 districts, with installations planned in neighbouring districts for rain-fed regions like Kodagu and Chikmagalur. The first phase targets 120-125 MW, with power to be used in government offices, schools,…
Author: PPD Team Date: 24/12/2024 The Low Carbon Contracts Company (LCCC) has signed three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1), part of the UK government’s Hydrogen Production Business Model. These initial agreements include the Cromarty, Whitelee, and West Wales projects, with a combined capacity of 31.8 megawatts (MW). The Hydrogen Production Business Model offers long-term revenue support to hydrogen producers, reducing investment risks and fostering the hydrogen economy. It builds on the…
Author: PPD Team Date: 05/03/2025 Hindustan Power has signed a Memorandum of Understanding (MoU) with the Government of Assam to invest Rs 6.2 billion in solar power and battery energy storage projects. The announcement was made at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, where investors, policymakers, and industry leaders discussed the state’s economic potential. The company will allocate Rs 5 billion for a 100 MW solar power plant and Rs…
Author: PPD Team Date: 12/11/2024 Energy Vault has announced plans for a 57MW/114MWh battery energy storage system (BESS), named Cross Trails BESS, to be built in Scurry County, Texas. Construction is scheduled to begin in Q1 2025, with commercial operations expected by mid-2025. Energy Vault will build, own, and operate the project using its X-Vault integration platform, UL9540-certified B-VAULT product, and VaultOS energy management system, offering flexibility for both AC and DC-coupled configurations. The project…
Author: PPD Team Date: 13/11/2024 NHPC Limited has reported a net profit of Rs 10.69 billion for the quarter ending September 2024, marking a 36.86% decline from Rs 16.93 billion in the same quarter the previous year. However, the company’s total income rose by 9.25% to Rs 34.02 billion during this quarter, compared to Rs 31.14 billion in the corresponding period last year.
Author: PPD Team Date: 19/08/2024 Gautam Solar is set to expand its footprint in South India by launching TOPCon solar modules from its newly established warehouses in Karnataka and Kerala. These advanced facilities are designed to ensure efficient distribution and easy accessibility of high-quality solar panels across key locations in Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh. The initiative targets project developers, EPC companies, and system integrators in the region. These locally produced solar panels,…
Author: PPD Team Date: 03/03/2025 Karnataka’s Rural Development and Panchayat Raj (RDPR) Department and the Energy Department are planning on a 3,000 MW decentralised solar project to reduce the burden of Rs 220 million in annual electricity bills. The project will cover 29 of Karnataka’s 31 districts, with installations planned in neighbouring districts for rain-fed regions like Kodagu and Chikmagalur. The first phase targets 120-125 MW, with power to be used in government offices, schools,…
Author: PPD Team Date: 24/12/2024 The Low Carbon Contracts Company (LCCC) has signed three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1), part of the UK government’s Hydrogen Production Business Model. These initial agreements include the Cromarty, Whitelee, and West Wales projects, with a combined capacity of 31.8 megawatts (MW). The Hydrogen Production Business Model offers long-term revenue support to hydrogen producers, reducing investment risks and fostering the hydrogen economy. It builds on the…
Author: PPD Team Date: 05/03/2025 Hindustan Power has signed a Memorandum of Understanding (MoU) with the Government of Assam to invest Rs 6.2 billion in solar power and battery energy storage projects. The announcement was made at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, where investors, policymakers, and industry leaders discussed the state’s economic potential. The company will allocate Rs 5 billion for a 100 MW solar power plant and Rs…
Author: PPD Team Date: 12/11/2024 Energy Vault has announced plans for a 57MW/114MWh battery energy storage system (BESS), named Cross Trails BESS, to be built in Scurry County, Texas. Construction is scheduled to begin in Q1 2025, with commercial operations expected by mid-2025. Energy Vault will build, own, and operate the project using its X-Vault integration platform, UL9540-certified B-VAULT product, and VaultOS energy management system, offering flexibility for both AC and DC-coupled configurations. The project…
Author: PPD Team Date: 13/11/2024 NHPC Limited has reported a net profit of Rs 10.69 billion for the quarter ending September 2024, marking a 36.86% decline from Rs 16.93 billion in the same quarter the previous year. However, the company’s total income rose by 9.25% to Rs 34.02 billion during this quarter, compared to Rs 31.14 billion in the corresponding period last year.
Author: PPD Team Date: 19/08/2024 Gautam Solar is set to expand its footprint in South India by launching TOPCon solar modules from its newly established warehouses in Karnataka and Kerala. These advanced facilities are designed to ensure efficient distribution and easy accessibility of high-quality solar panels across key locations in Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh. The initiative targets project developers, EPC companies, and system integrators in the region. These locally produced solar panels,…
Author: PPD Team Date: 03/03/2025 Karnataka’s Rural Development and Panchayat Raj (RDPR) Department and the Energy Department are planning on a 3,000 MW decentralised solar project to reduce the burden of Rs 220 million in annual electricity bills. The project will cover 29 of Karnataka’s 31 districts, with installations planned in neighbouring districts for rain-fed regions like Kodagu and Chikmagalur. The first phase targets 120-125 MW, with power to be used in government offices, schools,…
Author: PPD Team Date: 24/12/2024 The Low Carbon Contracts Company (LCCC) has signed three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1), part of the UK government’s Hydrogen Production Business Model. These initial agreements include the Cromarty, Whitelee, and West Wales projects, with a combined capacity of 31.8 megawatts (MW). The Hydrogen Production Business Model offers long-term revenue support to hydrogen producers, reducing investment risks and fostering the hydrogen economy. It builds on the…