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Sugs Lloyd wins T&D contracts in Bihar and Odisha
Sugs Lloyd Ltd has secured power transmission and distribution (T&D) contracts worth Rs 74.35 crore across Bihar and Odisha. In Bihar, the company received two key projects from North Bihar Power Distribution Company Limited (NBPDCL). The main contract covers turnkey development of five new 33/11 kV substations with associated transmission lines in Kishanganj district. This…
Saudi Arabia signs $9.3bn PPAs for 9.2GW power projects
The Saudi Power Procurement Company (SPPC) has signed power purchase agreements (PPAs) for five independent power producer (IPP) projects, totalling 9.2GW in capacity, as reported by Zawya. The projects include thermal and solar photovoltaic (PV) power initiatives, with a combined investment of 35 billion Saudi riyals ($9.3 billion), supporting Saudi Vision 2030 goals for a…
MNRE issues EoI for vendors under PM Surya Ghar
The Ministry of New and Renewable Energy (MNRE) has issued an expression of interest (EoI) to expand the network of vendors under the PM-Surya Ghar: Muft Bijli Yojana. The initiative aims to accelerate the deployment of residential rooftop solar systems by increasing the vendor network from the current 8,000 to 25,000. REC Limited’s vendor management…
Sembcorp inaugurates 588 MW solar project in Oman
Sembcorp Industries has inaugurated the 588 MW Manah 2 Solar Independent Power Project in Manah, Oman, marking its first greenfield renewables development in the Middle East. Backed by a 20-year 500 MW power purchase agreement with Nama Power and Water Procurement Company, the project began commercial operations on December 30, 2024, following successful acceptance tests….
Ecozen secures $23 million debt funding for clean energy solutions
Ecozen, a clean energy technology company, has raised over $23 million in debt funding from investors including responsAbility Investments, Northern Arc Capital, and Maanaveeya Development & Finance. The funds will support the scaling of flagship solutions like Ecotron, Ecofrost, and advanced motor control systems, as well as domestic and international expansion. The company has achieved…
World Bank and IAEA partner to support nuclear energy in developing countries
The World Bank Group has signed an agreement with the International Atomic Energy Agency (IAEA) to promote the safe and responsible use of nuclear energy in developing countries. The move marks the World Bank’s first direct engagement with nuclear power in decades. The memorandum of understanding focuses on three key areas: First, the IAEA will…
