Author: PPD Team Date: December 20, 2024
Adani Energy Solutions Limited (AESL) incorporated Adani Energy Solutions Step-Ten Limited (AESSTL) on December 18, 2024.
The special purpose vehicle (SPV) will focus on the transmission, distribution, and supply of power, along with other infrastructure services.
Author: PPD Team Date: March 20, 2025 PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis for the Augmentation of transformation capacity & Implementation of line bays at Mandsaur S/s for RE Interconnection. The bidding process commenced on March 11, 2025, with the last date for submissions set…
Author: PPD Team Date: March 16, 2026 Coal India Limited (CIL) has informed stock exchanges that Central Mine Planning and Design Institute Limited (CMPDIL), its wholly owned subsidiary, filed a Red Herring Prospectus (RHP) dated March 12, 2026 with the Securities and Exchange Board of India (SEBI), BSE Limited (BSE), and the National Stock Exchange of India Limited (NSE) for a proposed initial public offering (IPO). The proposed IPO is structured entirely as an offer…
Author: PPD Team Date: March 26, 2025 Power Grid Corporation of India Limited (PGCIL) has acquired two special purpose vehicles (SPVs) to implement key transmission projects in Karnataka and Rajasthan. The two SPVs are: Chitradurga Bellary REZ Transmission Limited – Responsible for “Transmission Scheme for integration of Davanagere / Chitradurga and Bellary REZ in Karnataka.” Fatehgarh II And Barmer I PS Transmission Limited – Responsible for “Augmentation at Fatehgarh-II PS, Fatehgarh-IV PS (Section II) and…
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…
Author: PPD Team Date: May 1, 2025 Equinor and Polenergia have received the final environmental decision for the Bałtyk 1 offshore wind farm in Poland’s Baltic Sea. The clearance, issued by the Regional Director for Environmental Protection in Gdańsk, marks a key milestone ahead of Poland’s 2025 offshore wind auction. Bałtyk 1 will have a planned capacity of up to 1.56 GW and will be located 81 km off the Polish coast. Power from the…
Author: PPD Team Date: September 18, 2025 Zimbabwe has signed a 15-year concession agreement with Jindal Africa, a subsidiary of India’s Jindal Steel, to rehabilitate the 920 megawatt (MW) coal-fired Hwange thermal power station. The deal is valued at $455 million. According to the country’s energy minister July Moyo, the project will focus on overhauling six ageing units within four years. Under the arrangement, Jindal will finance, refurbish, and operate the units for 15 years…