World Bank grants $146 mn to rebuild Syria’s electricity network
Author: PPD Team Date: June 30, 2025
Author: PPD Team Date: June 30, 2025
The World Bank has approved a $146 million grant through the International Development Association (IDA) to restore Syria’s damaged power infrastructure.
The Syria Electricity Emergency Project (SEEP) aims to repair high-voltage lines and substations, with a focus on war-affected regions and key 400kV interconnections with Jordan and Türkiye. Most parts of Syria currently receive just two to four hours of power daily, affecting water, healthcare, and food services.
The Public Establishment for Transmission and Distribution of Electricity (PETDE) will lead implementation, supported by international consultants. The project also includes policy reform advice, capacity-building, and technical assistance for long-term planning.
A third-party monitoring agent will oversee environmental, social, and fiduciary compliance, aligned with World Bank standards.
Author: PPD Team Date: September 29, 2025 NTPC Limited has announced that its Board of Directors, in a meeting held on September 26, 2025, approved an equity infusion of up to Rs 2,444.39 crore in North Eastern Electric Power Corporation Limited (NEEPCO), a wholly owned subsidiary. The funds will support three hydro projects and one solar project. The board also cleared proposals from Aravali Power Company Private Limited (APCPL), a joint venture between NTPC, Haryana…
Author: PPD Team Date: June 30, 2025 The joint venture of ACEN and UPC Renewables has commenced construction of two large-scale renewable energy projects in India. The work began on June 25, 2025, and includes a 420 MW solar power project in Rajasthan and a 120 MW wind power project in Karnataka. The wind project in Karnataka is being developed for SJVN Limited. UPC Renewables India Management Private Limited won the capacity in August 2024…
Author: PPD Team Date: December 3, 2024 Renewable Power Capital (RPC) has closed a €115 million long-term refinancing package for its 146 MW Klevberget onshore wind farm in Västernorrland, Sweden. The refinancing, facilitated by the Nordic Investment Bank (NIB) and Danske Bank, replaces a short-term construction bridge loan, establishing a stable capital structure for RPC’s projects. The Klevberget wind farm, consisting of 24 turbines, began operations in December 2023 and marked RPC’s entry into the…
Author: PPD Team Date: December 9, 2024 The Ministry of Coal has launched the 11th round of commercial coal mine auctions, offering 27 coal blocks across Jharkhand, Odisha, Chhattisgarh, Maharashtra, Madhya Pradesh, and Arunachal Pradesh, including one coking coal mine. The blocks offered include both fully and partially explored mines. Additionally, agreements with successful bidders from the 10th round have been finalised, with the operationalisation of these mines expected to generate annual revenue of Rs…
Author: PPD Team Date: July 2, 2025 Gujarat Industries Power Corporation Limited (GIPCL) has commissioned 105 MW solar capacity under the 600 MW Khavda Solar PV Project – Phase XVII in Gujarat. The milestone was achieved on June 28, 2025. The project is part of the larger 600 MW solar power development awarded by Gujarat Urja Vikas Nigam Limited (GUVNL). GIPCL had received the Letter of Intent (LoI) on May 16, 2023, after winning the…
Author: PPD Team Date: June 19, 2025 The Parsa East and Kanta Basan (PEKB) coal mine in Surguja, Chhattisgarh, has become the first coal mine in the state — and among the first in India — to achieve full energy self-sufficiency using solar power. Operated by Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL), the mine now relies entirely on solar energy for its internal operations. A 9 MW solar power plant, developed by Mundra Solar…