AMEA Power to develop 1500 MWh BESS in Egypt
Author: PPD Team Date: February 27, 2025
Author: PPD Team Date: February 27, 2025
AMEA Power has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to develop two standalone battery energy storage systems (BESS) with a total capacity of 1500 megawatt-hours (MWh).
Under the deal, AMEA Power will build a 500 MWh BESS station in Benban and a 1000 MWh BESS station in Zafarana. The project includes the development of substations and grid connections to integrate stored energy into Egypt’s national electricity network. The project locations were coordinated with the New and Renewable Energy Authority and EETC.
In January, AMEA Power secured two BESS projects in South Africa, each exceeding 300 MWh. The Gainfar and Boitekong projects in the North West Province aim to mitigate frequent blackouts and load shedding.
Author: PPD Team Date: August 3, 2024 HPL Electric & Power Ltd announced that its outstanding order book as of July 30, 2024, stands at over Rs. 37 billion. This substantial order book indicates a strong pipeline, ensuring sustained revenue generation and growth opportunities for the company. The company has bolstered its leadership in the smart metering sector, reporting a 35.67% year-on-year increase in revenue from its Metering, Systems & Services segment. This growth is…
Author: PPD Team Date: October 17, 2025 The Solar Energy Corporation of India Ltd (SECI) has concluded a tender for 2 GW of solar PV projects paired with a 1 GW/4 GWh energy storage system (ESS), discovering a lowest tariff of Rs 2.86/kWh. Falling battery costs and competitive bidding, including participation from new entrants, contributed to the record low price. Shivalaya Construction Ltd won 600 MW at Rs 2.86/kWh, followed by Purvah Green Power (300…
Author: PPD Team Date: June 4, 2025 The Atomic Energy Regulatory Board (AERB) has approved the site for the proposed 2,800 MW Mahi Banswara Nuclear Power Project in Rajasthan. The project will be developed by a joint venture between NTPC Limited and Nuclear Power Corporation of India Limited (NPCIL), with NTPC holding a 49% stake and NPCIL 51%. The estimated cost of the project is Rs 504 billion. The project involves the construction of four…
Author: PPD Team Date: February 25, 2026 NTPC Limited, in consortium with Maharashtra State Power Generation Company Limited (MAHAGENCO), completed the acquisition of Sinnar Thermal Power Limited (STPL) on February 24, 2026. The transaction was executed under a Resolution Plan approved by the National Company Law Tribunal (NCLT) following STPL’s Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016. The acquisition had earlier been disclosed to stock exchanges on June 14, 2025, November…
Author: PPD Team Date: November 26, 2024 CEE Group, a Hamburg-based asset manager focused on renewable energies, has acquired the Klüden solar photovoltaic (PV) project in Börde, Saxony-Anhalt, Germany, from German project developer Sunovis. The acquisition was made for CEE Group’s investment funds, CEE Renewable Fund 7 (RF7) and CEE Renewable Fund 8 (RF8). The 102 MWp Klüden solar PV park will generate green energy sufficient to power 47,500 households. Construction began in September 2024,…
Author: PPD Team Date: April 6, 2026 Vikran Engineering Limited has secured two Letters of Award totalling Rs 530.80 crore (excluding GST) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL). The contracts, supported by the Asian Development Bank (ADB), focus on strengthening power distribution infrastructure in the Nashik and Kolhapur zones of Maharashtra. The orders were awarded through a national competitive bidding process under the ADB-backed Power Distribution Enhancement Program. The Nashik Zone contract…