Author: PPD Team Date: 20/12/2024
Adani Transmission Limited (ATL) and DigiSmart Networks Private Limited have submitted bids to serve as the Advanced Metering Infrastructure Service Provider (AMISP) for smart prepaid metering in Goa.
The project, under the Goa Revamped Distribution Sector Scheme (RDSS), will follow a design, build, finance, own, operate, and transfer (DBFOOT) model.
The Department of Power (DoP), Goa invited bids for the Rs 3,961.18 million project in January 2024.
Author: PPD Team Date: 15/10/2024 Oriano Clean Energy, a leading solar development and EPC company in India, has been awarded a contract to build 184 MWp of solar PV projects in Agar, Malwa, Madhya Pradesh, by Blueleaf Energy, a prominent pan-Asian renewable energy platform. This contract is part of the solar component of Blueleaf Energy’s Pachora Hybrid Power Project. With this new project, Oriano’s EPC portfolio now stands at over 1.5 GWp, with 1 GWp…
Author: PPD Team Date: 07/02/2025 A BloombergNEF report forecasts a decline in the levelized cost of electricity (LCOE) for grid-scale solar and battery energy storage in 2025. LCOE, which measures lifetime costs divided by energy production, enables cost comparisons across energy technologies. The report projects that the LCOE of fixed-axis utility-scale solar projects will decline 2% year-over-year, from $36 per MWh in 2024 to $35 per MWh in 2025. By 2035, this is expected…
Author: PPD Team Date: 21/01/2025 Photo: The LIBRTI facility: illustration with labels. Credit: United Kingdom Atomic Energy Authority. The UK Atomic Energy Authority (UKAEA) has announced a £200 million ($244 million) investment in the Lithium Breeding Tritium Innovation (LIBRTI) programme, a key part of the broader Fusion Futures project. The programme aims to advance fusion fuel development and strengthen industry capacity through global collaboration. One of its main goals is to demonstrate controlled tritium breeding,…
Author: PPD Team Date: 10/12/2024 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 process will…
Author: PPD Team Date: 18/10/2024 Sembcorp Industries, through its subsidiary Sembcorp Green Infra, has won a 150 MW wind-solar hybrid project from the Solar Energy Corporation of India (SECI). The project, connected to the interstate transmission system (ISTS), is part of SECI’s 600 MW bid. Sembcorp has received the letter of award (LoA) for this build-own-operate (BOO) initiative. The power generated will be sold to SECI under a 25-year power purchase agreement (PPA). The project…
Author: PPD Team Date: 19/12/2024 Power Grid Corporation of India Limited (PGCIL) has approved raising up to Rs 42.50 billion through the private placement of bonds. The funds will be raised under the Powergrid bonds – LXXX (80th Issue), which are unsecured, non-convertible, non-cumulative, redeemable, and taxable. The issue includes a base size of Rs 10 billion and a green shoe option of Rs 32.50 billion. These bonds will have a 10-year tenure with annual…
Author: PPD Team Date: 15/10/2024 Oriano Clean Energy, a leading solar development and EPC company in India, has been awarded a contract to build 184 MWp of solar PV projects in Agar, Malwa, Madhya Pradesh, by Blueleaf Energy, a prominent pan-Asian renewable energy platform. This contract is part of the solar component of Blueleaf Energy’s Pachora Hybrid Power Project. With this new project, Oriano’s EPC portfolio now stands at over 1.5 GWp, with 1 GWp…
Author: PPD Team Date: 07/02/2025 A BloombergNEF report forecasts a decline in the levelized cost of electricity (LCOE) for grid-scale solar and battery energy storage in 2025. LCOE, which measures lifetime costs divided by energy production, enables cost comparisons across energy technologies. The report projects that the LCOE of fixed-axis utility-scale solar projects will decline 2% year-over-year, from $36 per MWh in 2024 to $35 per MWh in 2025. By 2035, this is expected…
Author: PPD Team Date: 21/01/2025 Photo: The LIBRTI facility: illustration with labels. Credit: United Kingdom Atomic Energy Authority. The UK Atomic Energy Authority (UKAEA) has announced a £200 million ($244 million) investment in the Lithium Breeding Tritium Innovation (LIBRTI) programme, a key part of the broader Fusion Futures project. The programme aims to advance fusion fuel development and strengthen industry capacity through global collaboration. One of its main goals is to demonstrate controlled tritium breeding,…
Author: PPD Team Date: 10/12/2024 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 process will…
Author: PPD Team Date: 18/10/2024 Sembcorp Industries, through its subsidiary Sembcorp Green Infra, has won a 150 MW wind-solar hybrid project from the Solar Energy Corporation of India (SECI). The project, connected to the interstate transmission system (ISTS), is part of SECI’s 600 MW bid. Sembcorp has received the letter of award (LoA) for this build-own-operate (BOO) initiative. The power generated will be sold to SECI under a 25-year power purchase agreement (PPA). The project…
Author: PPD Team Date: 19/12/2024 Power Grid Corporation of India Limited (PGCIL) has approved raising up to Rs 42.50 billion through the private placement of bonds. The funds will be raised under the Powergrid bonds – LXXX (80th Issue), which are unsecured, non-convertible, non-cumulative, redeemable, and taxable. The issue includes a base size of Rs 10 billion and a green shoe option of Rs 32.50 billion. These bonds will have a 10-year tenure with annual…
Author: PPD Team Date: 15/10/2024 Oriano Clean Energy, a leading solar development and EPC company in India, has been awarded a contract to build 184 MWp of solar PV projects in Agar, Malwa, Madhya Pradesh, by Blueleaf Energy, a prominent pan-Asian renewable energy platform. This contract is part of the solar component of Blueleaf Energy’s Pachora Hybrid Power Project. With this new project, Oriano’s EPC portfolio now stands at over 1.5 GWp, with 1 GWp…
Author: PPD Team Date: 07/02/2025 A BloombergNEF report forecasts a decline in the levelized cost of electricity (LCOE) for grid-scale solar and battery energy storage in 2025. LCOE, which measures lifetime costs divided by energy production, enables cost comparisons across energy technologies. The report projects that the LCOE of fixed-axis utility-scale solar projects will decline 2% year-over-year, from $36 per MWh in 2024 to $35 per MWh in 2025. By 2035, this is expected…