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: December 10, 2024 The Uttar Pradesh Power Corporation Limited (UPPCL) has overcome legal hurdles in its bid to privatise Dakshinanchal and Purvanchal DISCOMs under the Public-Private Partnership (PPP) model. The Board of Directors for both DISCOMs has authorised the formation of a new entity to facilitate the privatisation process. With this development, the process is now set for Cabinet approval of the privatisation draft or Request for Proposal (RFP). The tender…
Author: PPD Team Date: January 2, 2025 The government is working on a Rs 150 billion ‘Green Steel Mission’ to reduce carbon emissions in the steel sector, which currently contributes 10-12 per cent of the country’s total emissions. The mission includes a production-linked incentive (PLI) for green steel, incentivising renewable energy adoption, and mandating green steel procurement by government bodies. These measures aim to align with India’s decarbonisation goals, with the Ministry of Steel collaborating…
Author: PPD Team Date: November 26, 2024 Sterlite Power Transmission Ltd has been awarded a contract valued at Rs 545 million by Power Grid Corporation of India Limited (PGCIL) for the supply and installation of Optical Ground Wire (OPGW) under the 9th and 11th National Communication Trunk (NCT) projects. The scope includes installing OPGW on existing main lines that are looped in and out (LILOed) under various transmission schemes in the Northern and Western Regions. …
Author: PPD Team Date: May 14, 2025 Adani Renewable Energy Fifty Six Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has started commercial operations of a 50 MW solar power project on May 15, 2025. The project is part of the 30,000 MW Khavda Wind-Solar Hybrid Renewable Energy Power Park in the Rann of Kutch, Gujarat. The Khavda park includes 26,000 MW of solar and 4,000 MW of wind capacity. It is being…
Author: PPD Team Date: January 29, 2025 Chevron USA and Engine No.1 have joined forces to create a new company for developing natural gas-fired power plants to support US-based AI data centres, in collaboration with GE Vernova. This initiative addresses the increasing demand for affordable and reliable energy essential for AI development in the US. The project aims to deliver up to 4GW of power by 2027, with the potential for future growth. The first…
Author: PPD Team Date: November 18, 2024 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, and ONGC Green Energy Limited (OGL), a subsidiary of Oil and Natural Gas Corporation (ONGC), have formed a 50:50 joint venture named ONGC NTPC Green Private Limited (ONGPL). The Ministry of Power approved the formation of this joint venture, which has an authorised capital of Rs 1 million. ONGPL will focus on renewable energy projects, including greenfield developments and…