Author: PPD Team Date: 23/01/2025
Bondada Engineering Limited has won a Rs.884.98 million contract from KPI Green Energy Limited for the supply of Balance of System (BoS) items and services. The contract includes engineering, procurement, construction, and commissioning (EPCC) works for solar power projects at Vagra, Amod, and Rajkot in Gujarat.
The project is scheduled for completion within 90 days of receiving the purchase order, awarded on January 21, 2025.
Author: PPD Team Date: 17/10/2024 KPI Green Energy has signed power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam (GUVNL) for 620 MWAC (917 MWDC) renewable energy projects. The agreement includes a 250 MWAC (275 MWDC) grid-connected solar photovoltaic project, won through a competitive bidding process under Phase-XXIV, aimed at procuring power from 500 MW grid-connected solar projects across India, with an additional greenshoe option for up to 500 MW. Additionally, KPI Green secured a…
Author: PPD Team Date: 03/01/2025 NTPC achieved significant growth during the April-December period of FY 2024-25. Power generation reached 326 billion units (BU), a four per cent increase from last year. The company made notable progress in coal mining, extracting 30.88 MT, a 23 per cent year-over-year rise. The plant load factor (PLF) of NTPC’s coal stations reached 76.20 per cent by the end of Q3. By December 2024, NTPC Group’s installed capacity grew to…
Author: PPD Team Date: 12/12/2024 Schneider Electric has introduced EcoConsult in India, a consulting service designed to optimize electrical and automation systems for safety, reliability, and sustainability. The solution provides actionable insights to improve asset health, reduce carbon footprints, and achieve cost savings for both new installations and existing equipment. EcoConsult enables businesses to reduce operational expenses by up to 30%, lower electrical energy losses by 35%, save up to 15% on utility bills through…
Author: PPD Team Date: 12/12/2024 The Ministry of New and Renewable Energy (MNRE) is implementing the Green Energy Corridor (GEC) scheme across ten states to enhance renewable energy (RE) evacuation infrastructure. These states include Andhra Pradesh, Gujarat, Rajasthan, Himachal Pradesh, Karnataka, Maharashtra, Madhya Pradesh, Tamil Nadu, Kerala, and Uttar Pradesh. For intrastate transmission systems (InSTS), the scheme offers up to 40% Central Grant Assistance. Additionally, an interstate transmission system (ISTS) project is being developed to…
Author: PPD Team Date: 18/10/2024 PFC Consulting has invited bids to establish transmission systems for evacuating 6 GW of power to support green hydrogen and ammonia manufacturing projects in Kandla and Mundra, Gujarat. The projects will be executed on a build, own, operate, and transfer (BOOT) basis, encompassing surveys, detailed project reports, financing, project management, permit acquisition, land compensation, design, engineering, procurement, construction, testing, and commissioning. For the Kandla Transmission Project (Phase 1), bids must…
Author: PPD Team Date: 18/10/2024 PFC Infra Finance IFSC Limited (PIFIL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has been approved by the International Financial Services Centres Authority (IFSCA) to commence business as a finance company in IFSC GIFT City, Gujarat. PIFIL will be the first finance company in the IFSC dedicated to power and infrastructure lending, providing financing in foreign currency for both government and private entities in India and abroad….
Author: PPD Team Date: 17/10/2024 KPI Green Energy has signed power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam (GUVNL) for 620 MWAC (917 MWDC) renewable energy projects. The agreement includes a 250 MWAC (275 MWDC) grid-connected solar photovoltaic project, won through a competitive bidding process under Phase-XXIV, aimed at procuring power from 500 MW grid-connected solar projects across India, with an additional greenshoe option for up to 500 MW. Additionally, KPI Green secured a…
Author: PPD Team Date: 03/01/2025 NTPC achieved significant growth during the April-December period of FY 2024-25. Power generation reached 326 billion units (BU), a four per cent increase from last year. The company made notable progress in coal mining, extracting 30.88 MT, a 23 per cent year-over-year rise. The plant load factor (PLF) of NTPC’s coal stations reached 76.20 per cent by the end of Q3. By December 2024, NTPC Group’s installed capacity grew to…
Author: PPD Team Date: 12/12/2024 Schneider Electric has introduced EcoConsult in India, a consulting service designed to optimize electrical and automation systems for safety, reliability, and sustainability. The solution provides actionable insights to improve asset health, reduce carbon footprints, and achieve cost savings for both new installations and existing equipment. EcoConsult enables businesses to reduce operational expenses by up to 30%, lower electrical energy losses by 35%, save up to 15% on utility bills through…
Author: PPD Team Date: 12/12/2024 The Ministry of New and Renewable Energy (MNRE) is implementing the Green Energy Corridor (GEC) scheme across ten states to enhance renewable energy (RE) evacuation infrastructure. These states include Andhra Pradesh, Gujarat, Rajasthan, Himachal Pradesh, Karnataka, Maharashtra, Madhya Pradesh, Tamil Nadu, Kerala, and Uttar Pradesh. For intrastate transmission systems (InSTS), the scheme offers up to 40% Central Grant Assistance. Additionally, an interstate transmission system (ISTS) project is being developed to…
Author: PPD Team Date: 18/10/2024 PFC Consulting has invited bids to establish transmission systems for evacuating 6 GW of power to support green hydrogen and ammonia manufacturing projects in Kandla and Mundra, Gujarat. The projects will be executed on a build, own, operate, and transfer (BOOT) basis, encompassing surveys, detailed project reports, financing, project management, permit acquisition, land compensation, design, engineering, procurement, construction, testing, and commissioning. For the Kandla Transmission Project (Phase 1), bids must…
Author: PPD Team Date: 18/10/2024 PFC Infra Finance IFSC Limited (PIFIL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has been approved by the International Financial Services Centres Authority (IFSCA) to commence business as a finance company in IFSC GIFT City, Gujarat. PIFIL will be the first finance company in the IFSC dedicated to power and infrastructure lending, providing financing in foreign currency for both government and private entities in India and abroad….
Author: PPD Team Date: 17/10/2024 KPI Green Energy has signed power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam (GUVNL) for 620 MWAC (917 MWDC) renewable energy projects. The agreement includes a 250 MWAC (275 MWDC) grid-connected solar photovoltaic project, won through a competitive bidding process under Phase-XXIV, aimed at procuring power from 500 MW grid-connected solar projects across India, with an additional greenshoe option for up to 500 MW. Additionally, KPI Green secured a…
Author: PPD Team Date: 03/01/2025 NTPC achieved significant growth during the April-December period of FY 2024-25. Power generation reached 326 billion units (BU), a four per cent increase from last year. The company made notable progress in coal mining, extracting 30.88 MT, a 23 per cent year-over-year rise. The plant load factor (PLF) of NTPC’s coal stations reached 76.20 per cent by the end of Q3. By December 2024, NTPC Group’s installed capacity grew to…