Author: PPD Team Date: 21/10/2024
Bihar State Power Generation Company (BSPGCL) has issued a tender for procuring solar power from grid-connected solar PV projects ranging from 2 MW to 20 MW in Patna.
The project, designed as a ground-mounted installation with a raised structure over ponds, will be constructed under the RESCO mode for a total capacity of 20 MW. The contract is valued at Rs 1 billion, and the deadline for bid submission is 12 November 2024.
Author: PPD Team Date: 28/05/2025 The Government of Maharashtra has released the Maharashtra Electric Vehicle Policy 2025. The policy takes effect from April 1, 2025, and will be implemented till March 31, 2030. It replaces the earlier 2021 policy, which expired in March 2025. The state has set a target to achieve 30% electric vehicle (EV) penetration across all new vehicle registrations by 2030. More aggressive targets have been set for specific segments—40% for two-wheelers…
Author: PPD Team Date: 26/11/2024 Indonesia’s President Prabowo Subianto has announced plans to retire all coal-fired power plants by 2040, advancing the previous target of 2056. At the G20 Summit in Rio de Janeiro on 19 November 2024, Subianto emphasized the need for global collaboration to achieve net-zero emissions before 2050. The country plans to develop over 75 GW of renewable energy in the next 15 years to replace coal. Despite these goals, coal remains…
Author: PPD Team Date: 25/04/2025 NTPC Limited is currently in talks with the Bihar government to set up a nuclear power plant in the Nawada district. The state has formally approached the Ministry of Power, requesting that Bihar be considered for this major nuclear project. The proposed plant is set to be developed as an independent initiative, with water potentially sourced from the nearby Phulwaria dam to meet the plant’s extensive water needs. The discussions…
Author: PPD Team Date: 15/05/2025 Zelestra has secured €146.6 million in green financing to build six solar photovoltaic (PV) projects in Spain. The projects will form two clusters—Belinchón and Brazatortas—adding a combined capacity of 237 megawatt direct current (MWdc). The financing package covers 21 power purchase agreements (PPAs). BNP Paribas and Rabobank led the arrangement. Both acted as mandated lead arrangers, issuing banks, and hedging providers. BNP Paribas also took on the role of green…
Author: PPD Team Date: 11/12/2024 The European Union plans to promote geothermal energy to replace Russian gas and lower energy costs, according to a draft document. At an upcoming meeting in Brussels, the 27 EU member states are expected to endorse geothermal energy collectively for the first time, reported Reuters. The draft proposes an EU-wide strategy to cut emissions from heating and cooling systems and expedite geothermal projects. This includes financial guarantees to mitigate investment…
Author: PPD Team Date: 27/05/2025 India produced and dispatched over 1 billion metric tonnes of coal in FY2023–24. This marks a 70% rise since 2014, driven by structural reforms including commercial coal mining, first launched in 2020. Nearly 150 mines have been auctioned so far, with the 12th round underway. States have received nearly Rs 2.5 trillion in premiums and royalties. The sector has moved from inefficiency to transparency, with private players now active under…
Author: PPD Team Date: 28/05/2025 The Government of Maharashtra has released the Maharashtra Electric Vehicle Policy 2025. The policy takes effect from April 1, 2025, and will be implemented till March 31, 2030. It replaces the earlier 2021 policy, which expired in March 2025. The state has set a target to achieve 30% electric vehicle (EV) penetration across all new vehicle registrations by 2030. More aggressive targets have been set for specific segments—40% for two-wheelers…
Author: PPD Team Date: 26/11/2024 Indonesia’s President Prabowo Subianto has announced plans to retire all coal-fired power plants by 2040, advancing the previous target of 2056. At the G20 Summit in Rio de Janeiro on 19 November 2024, Subianto emphasized the need for global collaboration to achieve net-zero emissions before 2050. The country plans to develop over 75 GW of renewable energy in the next 15 years to replace coal. Despite these goals, coal remains…
Author: PPD Team Date: 25/04/2025 NTPC Limited is currently in talks with the Bihar government to set up a nuclear power plant in the Nawada district. The state has formally approached the Ministry of Power, requesting that Bihar be considered for this major nuclear project. The proposed plant is set to be developed as an independent initiative, with water potentially sourced from the nearby Phulwaria dam to meet the plant’s extensive water needs. The discussions…
Author: PPD Team Date: 15/05/2025 Zelestra has secured €146.6 million in green financing to build six solar photovoltaic (PV) projects in Spain. The projects will form two clusters—Belinchón and Brazatortas—adding a combined capacity of 237 megawatt direct current (MWdc). The financing package covers 21 power purchase agreements (PPAs). BNP Paribas and Rabobank led the arrangement. Both acted as mandated lead arrangers, issuing banks, and hedging providers. BNP Paribas also took on the role of green…
Author: PPD Team Date: 11/12/2024 The European Union plans to promote geothermal energy to replace Russian gas and lower energy costs, according to a draft document. At an upcoming meeting in Brussels, the 27 EU member states are expected to endorse geothermal energy collectively for the first time, reported Reuters. The draft proposes an EU-wide strategy to cut emissions from heating and cooling systems and expedite geothermal projects. This includes financial guarantees to mitigate investment…
Author: PPD Team Date: 27/05/2025 India produced and dispatched over 1 billion metric tonnes of coal in FY2023–24. This marks a 70% rise since 2014, driven by structural reforms including commercial coal mining, first launched in 2020. Nearly 150 mines have been auctioned so far, with the 12th round underway. States have received nearly Rs 2.5 trillion in premiums and royalties. The sector has moved from inefficiency to transparency, with private players now active under…
Author: PPD Team Date: 28/05/2025 The Government of Maharashtra has released the Maharashtra Electric Vehicle Policy 2025. The policy takes effect from April 1, 2025, and will be implemented till March 31, 2030. It replaces the earlier 2021 policy, which expired in March 2025. The state has set a target to achieve 30% electric vehicle (EV) penetration across all new vehicle registrations by 2030. More aggressive targets have been set for specific segments—40% for two-wheelers…
Author: PPD Team Date: 26/11/2024 Indonesia’s President Prabowo Subianto has announced plans to retire all coal-fired power plants by 2040, advancing the previous target of 2056. At the G20 Summit in Rio de Janeiro on 19 November 2024, Subianto emphasized the need for global collaboration to achieve net-zero emissions before 2050. The country plans to develop over 75 GW of renewable energy in the next 15 years to replace coal. Despite these goals, coal remains…