Author: PPD Team Date: August 12, 2025 Oyster Renewables intends to invest Rs 16,000 crore to build 2 gigawatts of renewable energy capacity in India by 2028. The company will finance the platform with Rs 4,000 crore in equity and Rs 12,000 crore through debt. The first two projects, totalling 300 MW, are expected to be commissioned by December 2025. An additional 450 MW is under construction and targeted for completion by year-end. By June…
Author: PPD Team Date: December 9, 2024 The UK government is exploring new investor interest for the Sizewell C nuclear plant, as negotiations continue to secure funding for the project. These discussions come at a crucial time, with the UK aiming to modernise its power infrastructure by 2030. However, the project’s funding timeline has been delayed, with a final investment decision now expected no earlier than spring 2025, pushing back the initial target of a…
Author: PPD Team Date: July 24, 2025 Serentica Renewables has selected SANY Renewable to supply wind turbine generators (WTGs) for a 336 MW wind power project in Karnataka. Each turbine will have a rated capacity of 4 MW. Deliveries are scheduled to begin by December 2025. The project is part of Serentica’s plan to supply round-the-clock renewable energy to industrial consumers. The wind farm will use SANY’s high-capacity turbines, which are already in operation in…
Author: PPD Team Date: November 21, 2024 UltraTech Cement Limited is expanding its use of electric trucks, contracting 100 EV trucks to transport 75,000 tonnes of clinker monthly over a 400-km roundtrip between its Dhar Cement Works in Madhya Pradesh and Dhule Cement Works in Maharashtra. This initiative is projected to cut carbon emissions by 17,000 tonnes annually. The move builds on a pilot project launched in January 2024 with five EV trucks. UltraTech plans…
Author: PPD Team Date: December 20, 2024 PFC Consulting Ltd (PFCCL), a subsidiary of Power Finance Corporation Ltd, has initiated the empanelment of advanced metering infrastructure service providers (AMISP) under the centrally-sponsored Revamped Distribution Sector Scheme (RDSS). As one of the project implementation agencies (PIA) for smart metering under RDSS, PFCCL is seeking to empanel AMISPs to execute prepaid smart metering projects. The empanelment process will categorize bidders into four groups based on project size,…
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…