Author: PPD Team Date: 12/11/2024
Adani Energy Solutions Limited (AESL) has acquired Progressive Grid Networks Limited (PGNL) in Kenya to explore power transmission opportunities across East Africa.
PGNL’s initial share capital stands at KES 1 billion, divided into 100,000 ordinary shares valued at KES 1,000 each. Through this acquisition, AESL secures full ownership by acquiring 100 per cent of the shares through cash consideration.
Author: PPD Team Date: 03/12/2024 Union Minister of State for Power, Shripad Naik, informed Parliament that India is actively expanding its power generation and transmission capacity to meet growing energy demands. Currently, 29,200 MW of thermal capacity is under construction, with 51,520 MW in the planning stages. The government aims to add 80,000 MW of thermal capacity by 2031-32. As of October 2024, India’s total installed capacity is 454.452 GW, with a target of reaching…
Author: PPD Team Date: 15/01/2025 Bajel Projects Ltd has been awarded an EPC contract by Adani Energy Solutions Ltd (AESL) for the construction of a 400kV double-circuit (D/C) transmission line, spanning 217 km to connect Raipur in Chhattisgarh to Tiroda in Maharashtra. The project will use Quad ACSR Moose conductors and is slated for completion within 18 months from the issuance of the letter of award. Bajel Projects also secured a supply of goods and…
Author: PPD Team Date: 18/03/2025 Poland’s Ministry of Climate and Environment has finalized its long-awaited energy storage subsidy program to support the deployment of more than 5 GWh of energy storage across the country. The new regulation was published in the Journal of Laws of the Republic of Poland on March 7, setting the stage for the National Fund for Environmental Protection and Water Management to launch the subsidy scheme by the end of Q1…
Author: PPD Team Date: 30/10/2024 The SouthCoast Wind 1 offshore wind farm, developed by Ocean Winds, has secured critical approvals from Massachusetts for its onshore transmission facilities at Brayton Point in Somerset. The Massachusetts Energy Facilities Siting Board has granted a construction and operation permit for the facilities, while the Department of Environmental Protection has issued a Chapter 91 Waterways license for nearshore infrastructure. Additionally, the Office of Coastal Zone Management has completed its federal…
Author: PPD Team Date: 29/11/2024 The Asian Development Bank (ADB) and Gulf Renewable Energy Company, a subsidiary of Gulf Energy Development Public Company, have finalized an $820 million loan agreement to fund 12 renewable energy projects in Thailand. These include eight ground-mounted solar photovoltaic (PV) plants and four solar PV plants integrated with battery energy storage systems (BESS). The projects have a combined solar PV capacity of 393 MW, with the solar plus BESS plants…
Author: PPD Team Date: 17/03/2025 PFC Consulting Ltd (PFCCL) has empanelled ten entities that would be eligible to participate as Advanced Metering Infrastructure Service Providers (AMISP) for smart metering projects under the Revamped Distribution Sector Scheme (RDSS). PFCCL would be associated with such projects as a project implementation agency (PIA). The empanelment has been done under four groups, depending on the size of the projects in terms of the number of smart prepaid meters involved….
Author: PPD Team Date: 03/12/2024 Union Minister of State for Power, Shripad Naik, informed Parliament that India is actively expanding its power generation and transmission capacity to meet growing energy demands. Currently, 29,200 MW of thermal capacity is under construction, with 51,520 MW in the planning stages. The government aims to add 80,000 MW of thermal capacity by 2031-32. As of October 2024, India’s total installed capacity is 454.452 GW, with a target of reaching…
Author: PPD Team Date: 15/01/2025 Bajel Projects Ltd has been awarded an EPC contract by Adani Energy Solutions Ltd (AESL) for the construction of a 400kV double-circuit (D/C) transmission line, spanning 217 km to connect Raipur in Chhattisgarh to Tiroda in Maharashtra. The project will use Quad ACSR Moose conductors and is slated for completion within 18 months from the issuance of the letter of award. Bajel Projects also secured a supply of goods and…
Author: PPD Team Date: 18/03/2025 Poland’s Ministry of Climate and Environment has finalized its long-awaited energy storage subsidy program to support the deployment of more than 5 GWh of energy storage across the country. The new regulation was published in the Journal of Laws of the Republic of Poland on March 7, setting the stage for the National Fund for Environmental Protection and Water Management to launch the subsidy scheme by the end of Q1…
Author: PPD Team Date: 30/10/2024 The SouthCoast Wind 1 offshore wind farm, developed by Ocean Winds, has secured critical approvals from Massachusetts for its onshore transmission facilities at Brayton Point in Somerset. The Massachusetts Energy Facilities Siting Board has granted a construction and operation permit for the facilities, while the Department of Environmental Protection has issued a Chapter 91 Waterways license for nearshore infrastructure. Additionally, the Office of Coastal Zone Management has completed its federal…
Author: PPD Team Date: 29/11/2024 The Asian Development Bank (ADB) and Gulf Renewable Energy Company, a subsidiary of Gulf Energy Development Public Company, have finalized an $820 million loan agreement to fund 12 renewable energy projects in Thailand. These include eight ground-mounted solar photovoltaic (PV) plants and four solar PV plants integrated with battery energy storage systems (BESS). The projects have a combined solar PV capacity of 393 MW, with the solar plus BESS plants…
Author: PPD Team Date: 17/03/2025 PFC Consulting Ltd (PFCCL) has empanelled ten entities that would be eligible to participate as Advanced Metering Infrastructure Service Providers (AMISP) for smart metering projects under the Revamped Distribution Sector Scheme (RDSS). PFCCL would be associated with such projects as a project implementation agency (PIA). The empanelment has been done under four groups, depending on the size of the projects in terms of the number of smart prepaid meters involved….
Author: PPD Team Date: 03/12/2024 Union Minister of State for Power, Shripad Naik, informed Parliament that India is actively expanding its power generation and transmission capacity to meet growing energy demands. Currently, 29,200 MW of thermal capacity is under construction, with 51,520 MW in the planning stages. The government aims to add 80,000 MW of thermal capacity by 2031-32. As of October 2024, India’s total installed capacity is 454.452 GW, with a target of reaching…
Author: PPD Team Date: 15/01/2025 Bajel Projects Ltd has been awarded an EPC contract by Adani Energy Solutions Ltd (AESL) for the construction of a 400kV double-circuit (D/C) transmission line, spanning 217 km to connect Raipur in Chhattisgarh to Tiroda in Maharashtra. The project will use Quad ACSR Moose conductors and is slated for completion within 18 months from the issuance of the letter of award. Bajel Projects also secured a supply of goods and…