|

Purvah Green partners with Ecoren Energy for wind power project

By

CESC’s subsidiary, Purvah Green Power, has signed a binding term sheet with Ecoren Energy India to develop a wind power project with a capacity of up to 686.85 MW. The project is expected to be completed within three years, pending necessary permits and approvals from relevant authorities.

Purvah Green Power focuses on renewable energy generation and trading, while its parent company, CESC, based in Kolkata, specializes in the generation, transmission, and distribution of electrical power.

Similar Posts

|

EU grants EUR 998 million to boost green hydrogen production in Netherlands

By

The European Commission has granted EUR 998 million to a Dutch scheme to promote green hydrogen production, along with EUR 80 million to Djewels, a subsidiary of HyCC, to advance its green hydrogen technology. This funding supports the EU Hydrogen Strategy and the European Green Deal, which aim to develop green hydrogen, produced through the electrolysis of water using renewable energy. The funding will support the construction of at least 200 MW of electrolysis capacity,…

|

Philippines DOE greenlights 19 energy projects for grid compatibility assessment

By

The Department of Energy (DOE) in the Philippines has approved 19 projects for grid assessment via the National Grid Corporation of the Philippines (NGCP).  These projects will undergo a system impact study to evaluate grid readiness for new energy connections and identify required upgrades. Seventeen of the approved projects focus on renewable energy, with two involving waste-to-energy and battery energy storage systems.  Notable projects include Vortex Offshore Wind Corporation’s 1,000 MW offshore wind in Mindoro,…

|

Moody’s: Indian companies to spend USD 45-50 billion annually on capex 

By

Moody’s Ratings expects Indian companies to invest USD 45-50 billion annually in capex over the next 1-2 years, with Reliance Industries accounting for 30% of this. The oil and gas sector, including Reliance, will make up over 60% of the total spending, focusing on capacity expansion and green energy. Strong earnings will keep leverage low for Indian firms, despite high offshore borrowing rates. Moody’s forecasts a 6% GDP growth for India over the next two…

|

BHEL sees 23% growth in order inflows in H1FY25

By

Bharat Heavy Electricals Ltd (BHEL) reported a 23% increase in order inflows in the first half of FY25, reaching Rs 41.09 billion, up from Rs 33.48 billion in H1FY24. The power sector led the order bookings, contributing 93% of the inflows. As of September 30, 2024, BHEL’s outstanding order book stood at Rs 1.60 trillion, with 78.5% from the power sector, 19.1% from the industry sector, and 2.3% from exports. BHEL’s power T&D offerings fall…

|

RRECL invites bids for 282 MW rooftop solar projects

By

Rajasthan Renewable Energy Corporation Limited (RRECL) has issued a tender for the development of 282 MW of grid-connected rooftop solar photovoltaic (PV) projects on government buildings across Rajasthan.  The bid submission deadline is November 26, 2024.  The project scope covers design, supply, erection, testing, commissioning, and 25 years of operation and maintenance (O&M) from the commissioning date.

|

Ather Energy expands into Sri Lanka with EV market entry

By

Ather Energy, a leading Indian electric two-wheeler manufacturer, is entering the Sri Lankan market, following its successful expansion into Nepal. The company plans to open its first experience centre in Sri Lanka next quarter through a partnership with Evolution Auto, which will manage sales and service operations. To support EV adoption, Ather will also develop a fast-charging network across Sri Lanka. This move aligns with the growing demand for EVs in Sri Lanka due to…

Leave a Reply

Your email address will not be published. Required fields are marked *