World Bank may fund Rs 1 billion shore power project at JNPA
Author: PPD Team Date: July 3, 2025
Author: PPD Team Date: July 3, 2025
The World Bank has evinced interest in funding a Shore-Electric-Power-Supply Project aimed at decarbonising port operations at Jawaharlal Nehru Port Authority (JNPA), near Mumbai.
Bids for the project are expected to be invited by July 15, 2025. The estimated cost for this initial phase is Rs 1,000 million.
JNPT has drawn up a plan to roll out shore power infrastructure across all five terminals at the port. The full project, expected to cost Rs 5 billion, will allow container vessels to switch off diesel generators and plug into the onshore power grid while docked. This is expected to reduce emissions and improve air quality in and around the port area.
ITCOT Consultancy and Services Limited has been appointed as the project consultant.
Author: PPD Team Date: February 6, 2025 Guyana’s Office of The President has confirmed the approval of a $141.45 billion budget, which includes a $51.2 billion investment to enhance gas-to-energy projects. The government has allocated $36.2 billion for the development of a natural gas power plant and a natural gas liquid plant. Prime Minister Mark Phillips reviewed the budget for the Office of the Prime Minister (OPM) and affiliated agencies, and the Committee of Supply…
Author: PPD Team Date: October 22, 2025 Vena Energy India operates 957 MW of renewable assets across the country and is building an additional 59 MW of capacity. Its development pipeline includes about 1.25 GW of solar and wind projects, underscoring steady portfolio growth. The company also manages 752 MWh of battery energy storage systems (BESS) and is developing another 100 MWh. Projects at early to mid stages add 1.46 GW of capacity, positioning the…
Author: PPD Team Date: May 12, 2025 The Ministry of Coal (MoC) has signed coal gasification plant development and production agreements (CGPDPA) with three entities under Category II of the coal gasification financial incentive scheme. The selected companies are Jindal Steel and Power Limited, New Era Cleantech Solution Private Limited, and Greta Energy and Metal Private Limited. Launched on January 24, 2024, the scheme has a total outlay of Rs 85 billion. It aims to…
Author: PPD Team Date: March 10, 2025 Three firms have won bids to develop a cumulative 250 MW grid-connected solar photovoltaic (PV) power projects without energy storage system (ESS) anywhere in India. The bids were awarded under Phase XXVI of Gujarat Urja Vikas Nigam Limited (GUVNL) on March 6, 2025. Avaada Energy Private Limited (Avaada Power Private Limited) secured a 100 MW capacity at a tariff of Rs 2.6 per kWh. Welspun New Energy Limited,…
Author: PPD Team Date: December 24, 2024 Iberdrola has finalized a €100m ($103m) green loan agreement with the European Investment Bank (EIB), guaranteed by SACE under the Archimede scheme, to construct a new photovoltaic plant in Sicily, Italy. This marks the first collaboration between the EIB and Iberdrola backed by SACE. The plant, expected to be operational by 2025, will have a capacity of 242.78MWp, producing 400GWh annually—enough to meet the energy needs of approximately…
Author: PPD Team Date: November 12, 2024 Mahanagar Gas Limited (MGL) has announced an investment of Rs 2.3 billion in International Battery Company (IBC) India to develop a gigafactory in Bengaluru, focused on producing prismatic NMC Li-ion cells for mobility and battery storage applications. This partnership aims to meet India’s demand for locally manufactured battery cells, which are currently imported. MGL has entered a share subscription and shareholding agreement with IBC US, forming a joint…