Author: PPD Team Date: 13/01/2025
Solidus Techno Power Private Limited has signed an agreement with Jogindra Group to develop a 110 MWp captive solar power project in Punjab.
The project will be set up across three locations in the state and will meet the renewable energy (RE) needs of Jogindra Group’s enterprises, including Jogindra Castings Private Limited, Vardhman Adarsh Ispat Private Limited, and Oasis Enterprises Private Limited.
Author: PPD Team Date: 30/01/2025 The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, to reduce the cost to below $0.06 per unit, according to the Press Trust of India (PTI). The previous government had signed a 20-year PPA for the project at 8.2 US cents per unit, a decision that was contested as local bidders had proposed lower prices….
Author: PPD Team Date: 04/03/2025 NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, commenced commercial operations for the last 18.32 MW capacity of its 300 MW solar power project in Bikaner, Rajasthan, on March 1, 2025. With this, the entire 300 MW project has been commissioned under the 923 MW Grid-Connected Solar Power Project (Tranche-II) of the Central Public Sector Undertaking (CPSU) Scheme. The 923 MW solar project is being developed…
Author: PPD Team Date: 24/02/2025 A total of five firms have been shortlisted as technically qualified for the selection of transmission service providers (TSP) through the tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis for the Transmission System for Integration of Kurnool-IV Renewable Energy Zone (REZ) – Phase-I (4.5 GW). The shortlisted firms are Power Grid Corporation of India Limited (PGCIL), Resonia Limited (formerly Sterlite Grid 32 Limited), Tata…
Author: PPD Team Date: 13/12/2024 The UK Office of Gas and Electricity Markets (Ofgem) has proposed reforms to address household energy debts, which have surged to £4bn ($5.1bn). The regulator suggests changes such as introducing tariffs without standing charges and standardizing how suppliers assess customers’ payment abilities. Energy debts have risen by 91% since 2022, reaching £3.82bn ($4.87bn) by September 2024. Despite reductions in energy bills under Ofgem’s price cap since the energy crisis triggered…
Author: PPD Team Date: 12/11/2024 GE Vernova T&D India Ltd reported a significant rise in order inflows for Q2 FY25, reaching Rs 46.82 billion, over four times the Rs 10.82 billion recorded in Q2 FY24. For the first half of FY25 (April-September), orders grew by 173 per cent to Rs 57.11 billion from Rs 20.88 billion in H1 FY24, with domestic orders accounting for 53 per cent. As of September 30, 2024, GE Vernova’s order…
Author: PPD Team Date: 20/12/2024 Shah Infra Tower has emerged as the lowest bidder (L1) by quoting Rs 2.697 billion for a supply contract with Tamil Nadu Transmission Corporation. The scope of work includes detailed engineering, supply of 230/110 kV AISS with auto transformers, switchgears, control panels, SAS, control room, and complete civil works at Kongalnagarm in the Coimbatore region. Additionally, the contract involves the extension of one 230 kV bay at Anaikadavu 400 kVSS…