Author: PPD Team Date: July 2, 2025
Bharat Heavy Electricals Limited (BHEL) has secured a Letter of Award (LoA) worth Rs 65 billion for supplying Steam Turbine Generator (STG) equipment and supervising erection and commissioning (E&C) for a 4,800 MW thermal power project by Adani Power Limited (APL).
The award, issued on June 27, 2025, covers six units of 800 MW each.
Author: PPD Team Date: January 19, 2026 Waaree Energies Limited has informed the stock exchanges about the incorporation of eight wholly owned subsidiaries by its step-down subsidiary, Waaree Forever Energies Private Limited (WFEPL). The new entities have been created to hold specific independent power producer (IPP) projects. In its regulatory disclosure, the company stated that WFEPL, a wholly owned subsidiary of Waaree Energies Limited, incorporated the eight companies between January 13 and January 15, 2026….
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: January 20, 2025 Portugal’s government is set to develop a 10GW offshore wind cluster in the Atlantic Ocean as part of its strategy for the country’s first offshore licence auction, scheduled for 2025. The plan, formulated by the Economy Ministry and the Environment Ministry, includes a 2,000km² site, as reported by Reuters. Secretary of State for the Sea Lidia Bulcao emphasized the importance of creating a large-scale, predictable offshore renewable energy…
Author: PPD Team Date: January 15, 2025 ENGIE has announced an expansion of its wind farm in Ras Ghareb, Egypt, increasing its capacity from 500 MW to 650 MW. Developed by the Red Sea Wind Energy Consortium—comprising ENGIE, Orascom Construction, Toyota Tsusho, and Eurus Energy—the project is the largest wind farm in Africa. The expansion includes a new 25-year revenue agreement with the Egyptian Electricity Transmission Company. The wind farm supports Egypt’s goal of achieving…
Author: PPD Team Date: October 28, 2024 Arctech has signed a major supply agreement with China Energy Engineering Group Co., Ltd. to provide 2.3 GW of its 1P single-axis solar tracker system, SkyLine II, for the PIF4-Haden project owned by ACWA Power. This project, supporting Saudi Vision 2030, is expected to reach commercial operations by early 2027. SkyLine II’s innovative synchronous multi-point drive mechanism enables it to operate effectively in the strong winds typical of…
Author: PPD Team Date: March 10, 2026 Oriana Power Limited has received a letter of award for the development of a 234 MW grid-tied floating solar photovoltaic (FSPV) plant at the Maithon Dam Reservoir operated by Damodar Valley Corporation (DVC) in Jharkhand. The contract is valued at Rs 1,180.53 crore, including GST. The company stated that it received purchase orders from a renewable energy developer for the project under its Engineering, Procurement, and Construction (EPC)…