Author: PPD Team Date: January 20, 2025
AZAD Engineering Limited has entered a long-term agreement with GE Vernova International LLC, USA, to supply advanced rotating and stationary airfoils for gas turbine engines.
Valued at approximately USD 112 million, the agreement will support GE Vernova’s global power generation needs and further solidify the strategic partnership between the two companies.
Author: PPD Team Date: January 17, 2025 Israeli power company Dalia Energy has obtained a finance agreement worth 5.3 billion shekels ($1.5bn) from Bank Hapoalim to construct an 850MW power plant at the Eshkol gas-fired power station site in Ashdod, Israel, as reported by Reuters. The non-binding agreement marks a significant milestone for the Avshal plant, which will earn approximately 0.065 shekels per kilowatt-hour for 20 years after operations begin. In 2024, Dalia Energy acquired…
Author: PPD Team Date: November 26, 2024 The Cabinet Committee on Economic Affairs (CCEA) has approved an investment of Rs 36.89 billion for two hydropower projects in Arunachal Pradesh to enhance the region’s power supply and support the national grid. The 186 MW Tato-I Hydro Electric Project and the 240 MW Heo Hydro Electric Project will be developed through joint ventures between the North Eastern Electric Power Corporation (NEEPCO) and the Arunachal Pradesh government. The…
Author: PPD Team Date: November 22, 2024 The Electricity Generating Authority of Thailand (EGAT) has announced plans to develop three pumped storage power plants (PSPPs) at existing dams in Chaiyaphum, Kanchanaburi, and Nakhon Si Thammarat provinces. These facilities will have a combined capacity of 2.47 GW and are expected to become operational between 2034 and 2037. The USD 2.6 billion project aims to enhance energy storage capabilities and support the increasing integration of renewable energy…
Author: PPD Team Date: November 14, 2024 Bureau Veritas has acquired Versatec Energy, a Netherlands-based technical advisory firm specializing in offshore and onshore energy. Financial terms of the acquisition remain undisclosed. This acquisition enhances Bureau Veritas’ expertise in technical compliance and industrial risk management within the energy sector, aligning with its LEAP | 28 strategy focused on renewables and low-carbon assets. The integration of Versatec Energy’s experience strengthens Bureau Veritas’ service offerings in oil and…
Author: PPD Team Date: May 1, 2025 The Central Electricity Authority (CEA) has issued the draft amendment to the CEA (Technical Standards for Construction of Electrical Plants and Electric Lines) Regulations, 2025. The amendment updates right of way (RoW) norms for transmission lines from 66 kV to 1200 kV and HVDC (high voltage direct current) lines up to ±800 kV. The revised norms provide separate RoW widths for different terrains—normal, forest, urban/populated areas, and substation…
Author: PPD Team Date: July 16, 2025 NLC India Limited has announced a Rs 1.25 trillion investment plan to increase its power generation capacity from 6.7 GW to 20 GW by 2030. The expansion will span across renewable energy, thermal power, and mining. Out of the total capital outlay, Rs 650 billion is earmarked for renewable energy and green initiatives. This includes Rs 150 billion specifically for battery energy storage systems. Rs 450 billion is…