Author: PPD Team Date: November 12, 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: November 6, 2024 Electric services company GE Vernova, in collaboration with Saudi Arabia’s Ash Sharqiyah Operations & Maintenance Company (ASHOMCo), has completed three front-end engineering design (FEED) studies to reduce net carbon emissions at three cogeneration plants in Saudi Arabia. These plants, equipped with GE Vernova’s 7E and 7F gas turbines, collectively generate up to 920 MW of power and 1,400 tonnes per hour of steam, providing energy for around 920,000…
Author: PPD Team Date: July 10, 2025 Adani Power Limited (APL) has completed the acquisition of Vidarbha Industries Power Limited (VIPL) for an estimated Rs 40 billion. The deal, finalised on July 7, 2025, gives APL ownership of the Butibori Thermal Power Project in Nagpur district, Maharashtra. VIPL was a wholly owned subsidiary of Reliance Power Limited (RPL). It had developed the Butibori project with an investment of Rs 36.33 billion. The project consists of…
Author: PPD Team Date: December 24, 2024 India is set to launch its Critical Mineral Mission in 2025, an initiative to secure essential minerals for the country’s green energy transition and electric vehicle (EV) sector growth. This mission will bring together multiple ministries, industries, research institutions, and global think tanks to ensure a sustainable supply of critical minerals like lithium and cobalt. The demand for these minerals is expected to surge, particularly for EVs, renewable…
Author: PPD Team Date: March 20, 2026 NTPC Limited has signed a Memorandum of Understanding (MoU) with Octopus Energy Group of the United Kingdom to explore collaboration across electricity distribution and retail, renewable energy and storage, electric vehicle (EV) charging infrastructure, digital energy platforms, and research and development (R&D). The MoU was signed on March 19, 2026, on the sidelines of the Bharat Electricity Summit 2026 in New Delhi, organised under the Ministry of Power…
Author: PPD Team Date: February 12, 2025 Researchers from Guilin University of Electronic Technology, China, developed a numerical model to assess how different overhead heights and tilt angles of photovoltaic (PV) modules influence thermal and electrical performance, as well as energy-saving in buildings. The model, validated through experiments, fills a gap in the literature by providing a comprehensive study on the impact of these factors across various installation types. Using the Design Builder software, the…
Author: PPD Team Date: May 6, 2025 Vietnam has officially approved the amended National Power Development Plan VIII (PDP VIII) for the 2021-2030 period, with a long-term vision extending to 2050. This revision, under Decision 768/QD-TTg, replaces the previous version (Decision 500/QD-TTg) and responds to the country’s growing electricity demand and its commitment to achieving net-zero emissions by 2050. The revised plan addresses Vietnam’s rapid economic growth, with the aim to support annual average GDP…