Author: PPD Team Date: 30/10/2024
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EBRD funds 500 kV transmission line in Uzbekistan
Author: PPD Team Date: 06/01/2025 The European Bank for Reconstruction and Development (EBRD) is providing a USD 66.4 million sovereign loan to Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) for a 500 kV, 230 km transmission line connecting Sarimay in Khoresm to Muruntau in Navoi. The project will ease grid bottlenecks, reduce electricity outages during peak demand, and support the integration of renewable energy sources. It aligns with Uzbekistan’s low-carbon development strategy, developed with…
EU grants €36 million to thyssenkrupp nucera for green hydrogen project
Author: PPD Team Date: 30/10/2024 The European Union has allocated up to €36 million to thyssenkrupp nucera’s advanced Solid Oxide Electrolyzer Cell (SOEC) project, supporting the construction of a 300 MW green hydrogen production plant. Utilizing SOEC technology licensed by Fraunhofer IKTS, the project leverages high-temperature electrolysis to produce green hydrogen and synthesis gas with enhanced efficiency and cost advantages for various industrial applications. This funding aligns with the EU’s climate objectives to promote energy…
Power Mech wins O&M contract for Jaypee Nigrie plant
Author: PPD Team Date: 31/12/2024 Power Mech Projects Limited has secured a Rs 1.86 billion contract from Jaiprakash Power Ventures Limited (JPVL) to provide operation and maintenance (O&M) services for the 2×660 MW Jaypee Nigrie super thermal power plant in Madhya Pradesh. The contract covers five years, with a first-year value of Rs 31 million per month. From January 2026, a monthly price escalation will apply based on the wholesale price index.
Only two underground coal blocks receive bids in 12th auction round
Author: PPD Team Date: 19/06/2025 The Ministry of Coal’s Nominated Authority opened bids for six underground coal blocks under the 12th round of commercial coal auctions. Bids were received for only two blocks. Only two of the six blocks received bids, with a total of 14 bids submitted for these blocks. Both are non-coking coal blocks located in the Rajgamar Dipside region. Rajgamar Dipside (Deavnara) received 6 bids, while Rajgamar Dipside (South of Phulakdih Nala)…
120 MWp floating solar project commissioned at Omkareshwar dam
Author: PPD Team Date: 16/05/2025 Ciel & Terre Solar Private Limited, in partnership with Larsen & Toubro and SJVN Green Energy Limited, has commissioned a 120 MWp floating solar photovoltaic project at the Omkareshwar dam reservoir in Madhya Pradesh. The plant will supply power to Rewa Ultra Mega Solar Limited. The project comprises 14 floating solar islands, each with a capacity of 8.5 MWp. It uses 407,699 Hydrelio aiR OPTIM 1400-3 floats arranged in a…
Good Energy to acquire solar installer Empower Energy
Author: PPD Team Date: 30/10/2024 Renewable energy provider Good Energy Group has signed a conditional binding agreement to acquire Empower Energy, a commercial solar installation company, for an initial consideration of £7 million ($7.56 million). The acquisition, structured on a debt-free, cash-free basis, includes £6.25 million in cash and the allotment of 254,237 new ordinary shares in Good Energy at 295 pence per share, subject to a 12-month lock-up followed by a 12-month orderly marketing…