BHEL and ONGC sign MoU for renewable energy projects
Author: PPD Team Date: January 14, 2025
Author: PPD Team Date: January 14, 2025
Bharat Heavy Electricals (BHEL) and Oil & Natural Gas Corporation (ONGC) have signed a memorandum of understanding (MoU) to collaborate on projects in the new and renewable energy sector.
The partnership will focus on advanced technologies such as fuel cells, electrolysers, and battery energy storage systems, supporting India’s National Green Hydrogen Mission.
The collaboration aims to leverage the expertise of both entities to drive innovations in the clean energy ecosystem.
The MoU signing ceremony was attended by senior officials from both companies, including Bani Varma from BHEL and Arunangshu Sarkar from ONGC.
Author: PPD Team Date: February 6, 2025 Enel North America, a unit of Italian energy company Enel, has signed a power purchase agreement (PPA) with Meta for a 115MW portion of the Rockhaven wind farm in Oklahoma. This marks the third collaboration between the two companies. The Rockhaven wind farm, located in Murray and Carter counties, has a total capacity of 140MW. Stephen Pike, head of Enel Green Power North America, emphasized the growing demand…
Author: PPD Team Date: October 15, 2025 Serentica Renewables has signed a long-term power purchase agreement (PPA) with MRF Limited to supply clean energy under a captive power arrangement. The electricity will come from a 170 MW wind-solar hybrid project currently under development by Serentica. Power from the project will be delivered to MRF’s manufacturing facilities across India via the inter-state transmission system. A special-purpose vehicle (SPV) has been set up for this purpose, with…
Author: PPD Team Date: January 22, 2025 The Odisha Renewable Energy Development Agency (OREDA) has partnered with Tata Power Renewable Energy to promote rooftop solar adoption under the Pradhan Mantri Surya Ghar Yojana. The initiative targets residential customers to raise awareness and implement cost-effective solar energy solutions across Odisha. The scheme will be executed through four power distribution companies (DISCOMs), with awareness drives in high-footfall locations such as airports, malls, and railway stations. Key cities…
Author: PPD Team Date: November 26, 2024 NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC, received an overall subscription of 2.4 times for its initial public offering (IPO) on the final day of bidding. The IPO offered 593 million equity shares at a price band of Rs 102-108 and received bids for 1.43 billion shares, based on stock exchange data. The subscription breakdown revealed that the qualified institutional buyer category was subscribed…
Author: PPD Team Date: March 16, 2026 India’s total installed power capacity reached 524 GW at the end of February, according to official data, with non-fossil fuel sources exceeding 52% of the mix for the first time as solar additions outpaced other technologies. Data released by the Central Electricity Authority (CEA) showed that renewable energy, large hydro and nuclear together accounted for 275,468 MW, representing 52.57% of total installed capacity. This marginally exceeded fossil fuel…
Author: PPD Team Date: February 7, 2025 Gensol Engineering Limited has been awarded an engineering, procurement, and construction (EPC) contract valued at approximately Rs 9.679 billion (inclusive of goods and services tax) for a 245 MW solar photovoltaic project at the Khavda Renewable Energy Power Park in Gujarat. The contract, secured from a public sector undertaking, also includes three years of operations and maintenance services. Rayzon Solar has secured a contract to manufacture and supply…