Author: PPD Team Date: 24/01/2025
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CERC grants transmission licenses for three projects in Rajasthan and Gujarat
Author: PPD Team Date: 25/11/2024 In recent orders, the Central Electricity Regulatory Commission (CERC) has granted transmission licences to three projects: Khavda Phase-IV Renewable Energy Project:CERC has granted a transmission license to POWERGRID Khavda IV-E2 Power Transmission Limited, a subsidiary of Power Grid Corporation of India Limited (PGCIL). The project, part of Gujarat’s Khavda Phase-IV (7 GW), will operate under the Build, Own, Operate, and Transfer (BOOT) method. It includes the augmentation of transformation capacity…
Elcogen secures €24.9 million EU grant for hydrogen tech expansion
Author: PPD Team Date: 13/11/2024 Elcogen has been awarded €24.9 million from the European Union’s 2024 Innovation Fund to expand its production capacity for solid oxide electrolyser cell (SOEC) and solid oxide fuel cell (SOFC) components in Tallinn, Estonia. This funding will enhance Elcogen’s role in advancing green hydrogen production and supporting the transition to green energy. The EU’s Innovation Fund allocated €4.8 billion across 85 projects in 2024, targeting a collective carbon reduction of…
NSW approves Mt Piper battery project
Author: PPD Team Date: 27/11/2024 The New South Wales (NSW) government has approved the A$1bn ($647m) Mt Piper Battery Energy Storage System (BESS) project by EnergyAustralia. With a capacity of 500MW/2,000MWh, the facility will store surplus grid energy during low-demand periods and release it when demand is high. EnergyAustralia will invest up to A$2m ($1.2m) in Lithgow City through a voluntary planning agreement. The project is expected to create 177 jobs during its construction and…
Sugs Lloyd wins Rs 3 billion power infrastructure projects in Bihar
Author: PPD Team Date: 12/11/2024 Sugs Lloyd has emerged as the lowest bidder for two Bihar government projects worth Rs 3 billion. The contracts include the supply, installation, testing, and commissioning (SITC) of a power substation along with high-tension (HT) and low-tension (LT) lines. CEO Satyakam Basu expressed excitement over this milestone, noting that the company is considering an IPO to expand operations and fulfil working capital needs.
NCT recommends two interstate transmission schemes for final clearance
Author: PPD Team Date: 07/02/2025 The National Committee on Transmission (NCT) has recommended two interstate transmission system (ISTS) schemes to the Ministry of Power for final approval. These will be implemented under tariff-based competitive bidding (TBCB) and the regulated tariff mechanism (RTM). One scheme involves the transmission system for evacuating power from renewable energy (RE) projects in Rajgarh (1,500 MW) Special Economic Zone (SEZ) and Neemuch (1,000 MW) SEZ in Madhya Pradesh. Originally separate, these…
Sterling and Wilson secures Rs 12 billion solar contracts in Gujarat
Author: PPD Team Date: 23/12/2024 Sterling and Wilson Renewable Energy Limited (SWREL) has won a Rs 12 billion contract for a 500 MW AC solar photovoltaic project in Gujarat. The project includes design, engineering, procurement, and construction (EPC) for the Balance of System (BOS) and a three-year operations and maintenance (O&M) contract. This month, SWREL secured a Rs 5.04 billion contract to develop a 305 MW AC / 396 MWp DC solar photovoltaic plant in…