EIL and POWERGRID sign MoU for energy transition projects
Author: PPD Team Date: February 3, 2025
Author: PPD Team Date: February 3, 2025
Engineers India Limited (EIL) and Power Grid Corporation of India Limited (POWERGRID) have signed a Memorandum of Understanding (MoU) to collaborate on various prospective projects in the fields of offshore wind energy, green hydrogen, energy storage, and data centres.
The MoU was signed in the presence of Ms Vartika Shukla, C&MD of EIL, Shri R.K. Tyagi, C&MD of POWERGRID, along with directors and senior officials from both companies.
This collaboration aims to establish a strong framework for joint ventures in energy transition projects, including green hydrogen, tidal energy, offshore wind, rooftop solar, and water and wastewater management. The MoU marks a significant step in supporting India’s clean energy and sustainability goals.
Photo credit: EIL
Author: PPD Team Date: April 10, 2025 The Ministry of Coal has signed agreements for two coal blocks under the 11th round of commercial coal mine auctions. Marwatola-II has been awarded to Singhal Business Private Limited. Namchik West has gone to PRA Nuravi Coal Mining Private Limited. One of the blocks is fully explored, while the other is partially explored. Together, the two mines have a peak rated capacity of 0.34 million tonnes per annum….
Author: PPD Team Date: December 12, 2024 Serbia’s 2025 Budget Law introduces its first Green Budget annex, allocating EUR 1 billion to 64 projects aimed at environmental protection and energy efficiency. The budget earmarks EUR 528.4 million for railway projects, including the Hungarian-Serbian railway and Belgrade’s urban subway system, designed to reduce CO2 emissions and enhance energy efficiency. In addition to transportation, the Green Budget focuses on renewable energy projects, including the development of sustainable…
Author: PPD Team Date: January 21, 2026 Inox Green Energy Services Limited said on 20 January 2026 that it has entered into an agreement with KEC International Ltd. to provide operations and maintenance (O&M) services for a 625 MWp solar power project in Bhadla, Rajasthan. The contract was awarded through a Letter of Acceptance (LoA). With this order, Inox Green’s managed solar O&M portfolio has crossed 3 GW. The company said its total renewable energy…
Author: PPD Team Date: November 7, 2024 Rajasthan and Gujarat, India’s leaders in renewable energy, are urged to implement policy adjustments to sustain their progress, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vibhuti Garg, IEEFA’s director for South Asia, noted that while slower states need to ramp up clean energy efforts, even leading states like Rajasthan and Gujarat should monitor and fine-tune their strategies to avoid losing…
Author: PPD Team Date: January 6, 2025 Sasan Power Limited, a subsidiary of Reliance Power, has repaid USD 150 million to India Infrastructure Finance (UK) Company Limited (IIFCL), improving its debt coverage metrics, liquidity, and credit rating. Sasan Power operates the 3,960 MW ultra-mega power plant in Madhya Pradesh, the world’s largest integrated coal-based power plant. It includes a 20 million tonne per annum captive coal mining capacity and supplies electricity to 14 distribution companies…
Author: PPD Team Date: February 21, 2025 The Government of West Bengal has allocated Rs 41,410 million for the Department of Power in the State Budget 2025-2026. A sum of Rs 816 million has been proposed for the Non-Conventional & Renewable Energy Sources department. Plans include the installation of static meters for 726,000 consumers, expansion of e-vehicle charging infrastructure at 187 locations, and a 125 MW ground-mounted solar power project in Goaltore, Paschim Medinipur. The…