Author: PPD Team Date: 03/12/2024
Advait Energy Transitions, formerly known as Advait Infratech, has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 50 MW/500 MWh standalone battery energy storage system in Gujarat.
This project is part of GUVNL’s Phase-IV tariff-based global competitive bidding, supported by viability gap funding, aiming to enhance energy reliability and sustainability in the region.
The project is expected to be completed within 18 months.
Author: PPD Team Date: 18/11/2024 Union Minister Manohar Lal Khattar and officials from Nepal and Bangladesh inaugurated the first trilateral power flow transaction on 15 November 2024. The event marked the transmission of hydroelectric power from Nepal to Bangladesh, facilitated through India’s electricity grid. The power transaction stems from the Regional Cooperation for Power Purchase, Sale, Distribution, and Transmission agreement signed in June 2023 during Nepal Prime Minister Pushpa Kamal Dahal’s visit to India. Under…
Author: PPD Team Date: 18/12/2024 Independent renewable energy company Qair and Etermar Energia have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects across the Iberian Peninsula. Etermar Energia signed the agreement during a visit to Qair’s Eolmed, a 30 MW floating offshore wind project in Port-La Nouvelle, France. The MoU focuses on developing floating offshore wind farms, particularly in Portuguese maritime zones. The partnership will involve component stockpiling, foundation manufacturing, logistics,…
Author: PPD Team Date: 17/03/2025 REC Limited has signed a memorandum of understanding (MoU) with the Energy Management Centre (EMC), Government of Kerala, to finance pumped storage projects (PSPs) in the state over the next five years. The investment, estimated at Rs 183.6 billion, aims to enhance grid stability and facilitate the integration of renewable energy. The PSPs will play a crucial role in Kerala’s long-term energy strategy, which focuses on sustainable and efficient power…
Author: PPD Team Date: 13/01/2025 Jodhpur Vidyut Vitran Nagar Limited (JDVVNL) has issued a Request for Selection (RfS) for the development of 514 MW solar power projects under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. This includes feeder-level solarisation for 234 solar plants across various districts in Rajasthan, including Balotra, Barmer, Jaisalmer, and others. The last date for bid submission is January 16, 2025. The scope of work covers the design,…
Author: PPD Team Date: 26/11/2024 Azerbaijan has concluded its first renewable energy auction, awarding a 100 MW solar project in the Garadagh region to Chinese company Universal International Holdings. The company secured the contract with a winning bid of $0.0354 per kilowatt hour (kWh). The auction, opened in April 2024 by Azerbaijan’s Ministry of Energy, was supported by the European Bank for Reconstruction and Development (EBRD). The announcement coincided with the COP29 climate summit in…
Author: PPD Team Date: 11/02/2025 Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green Energy Limited, has received Letters of Award (LoAs) for developing 15.9 MWp solar power projects under the Captive Power Producer (CPP) segment in India. The projects have been awarded by Mexo Fiber Private Limited, M S Rayons Private Limited, Maharaja Industries, Gautam Casting Industries Private Limited, Gautam Technocast, Shri Rajlaxmi Denim Limited, and Kartik Dying and Printing Mills Private…