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: 21/03/2025 The joint venture of Hindustan Construction Company Limited and Tata Projects Limited has secured a Rs 24.7 billion contract from Tata Power Company Limited for the construction of the 1,000 MW Bhivpuri Pumped Hydro Storage Project in Maharashtra. The project will be developed at Karjat with a total estimated cost of Rs 56.66 billion, financed 75 per cent by debt and 25 per cent by equity. The project received environmental…
Author: PPD Team Date: 20/12/2024 GE Vernova T&D India Limited secured a contract worth over Rs 4,000 million from Sterlite Power Transmission Limited on December 19, 2024. The contract covers the supply and supervision of high voltage (HV) equipment. The project is expected to be completed by December 19, 2026, and is being implemented through the tariff-based competitive bidding (TBCB) process.
Author: PPD Team Date: 04/12/2024 Discoms in Delhi have petitioned the Delhi Electricity Regulatory Commission (DERC) for a cost-reflective tariff for the 2024-25 fiscal, citing a combined revenue gap of Rs 31.62 billion in 2022-23. Electricity rates in Delhi have not changed since 2014. The petitions revealed revenue requirements for 2022-23 of Rs 121.16 billion for BSES Rajdhani Power Limited (BRPL), Rs 61.41 billion for BSES Yamuna Power Limited (BYPL), and Rs 92.64 billion for…
Author: PPD Team Date: 29/10/2024 The Central Electricity Authority (CEA) has outlined a comprehensive plan to build transmission capacity for 613 GW of renewable energy by 2032. In its latest ‘National Electricity Plan,’ the CEA projects that India’s non-fossil fuel capacity will reach 653 GW by 2031-32. This includes 385 GW from solar (with 60 GW from rooftop solar), 165 GW from wind, 62.8 GW from hydro, 19.6 GW from nuclear, 15.5 GW from biomass,…
Author: PPD Team Date: 07/11/2024 A new report from the International Solar Alliance (ISA) highlights a global increase in sustainable energy investments, rising from $2.4 trillion in 2018 to an expected $3.1 trillion by 2024, with solar energy dominating green investments. Solar alone now accounts for 59 per cent of these investments, primarily due to decreasing technology costs and a surge in support from the Asia-Pacific (APAC) region, which has emerged as the leading investor….
Author: PPD Team Date: 21/01/2025 KP Energy Limited commissioned 6.3 MW of wind power capacity under Phase XI of the 250.8 MW ISTS Connected Wind Power Project on January 17, 2025. The capacity includes three 2.1 MW wind turbine generators (WTGs) at the Sidhpur site in Devbhoomi Dwarka, completing the entire project. The project involved the development of a 250.8 MW ISTS-connected wind power project under Tranche VIII by Solar Energy Corporation of India (SECI)…
Author: PPD Team Date: 21/03/2025 The joint venture of Hindustan Construction Company Limited and Tata Projects Limited has secured a Rs 24.7 billion contract from Tata Power Company Limited for the construction of the 1,000 MW Bhivpuri Pumped Hydro Storage Project in Maharashtra. The project will be developed at Karjat with a total estimated cost of Rs 56.66 billion, financed 75 per cent by debt and 25 per cent by equity. The project received environmental…
Author: PPD Team Date: 20/12/2024 GE Vernova T&D India Limited secured a contract worth over Rs 4,000 million from Sterlite Power Transmission Limited on December 19, 2024. The contract covers the supply and supervision of high voltage (HV) equipment. The project is expected to be completed by December 19, 2026, and is being implemented through the tariff-based competitive bidding (TBCB) process.
Author: PPD Team Date: 04/12/2024 Discoms in Delhi have petitioned the Delhi Electricity Regulatory Commission (DERC) for a cost-reflective tariff for the 2024-25 fiscal, citing a combined revenue gap of Rs 31.62 billion in 2022-23. Electricity rates in Delhi have not changed since 2014. The petitions revealed revenue requirements for 2022-23 of Rs 121.16 billion for BSES Rajdhani Power Limited (BRPL), Rs 61.41 billion for BSES Yamuna Power Limited (BYPL), and Rs 92.64 billion for…
Author: PPD Team Date: 29/10/2024 The Central Electricity Authority (CEA) has outlined a comprehensive plan to build transmission capacity for 613 GW of renewable energy by 2032. In its latest ‘National Electricity Plan,’ the CEA projects that India’s non-fossil fuel capacity will reach 653 GW by 2031-32. This includes 385 GW from solar (with 60 GW from rooftop solar), 165 GW from wind, 62.8 GW from hydro, 19.6 GW from nuclear, 15.5 GW from biomass,…
Author: PPD Team Date: 07/11/2024 A new report from the International Solar Alliance (ISA) highlights a global increase in sustainable energy investments, rising from $2.4 trillion in 2018 to an expected $3.1 trillion by 2024, with solar energy dominating green investments. Solar alone now accounts for 59 per cent of these investments, primarily due to decreasing technology costs and a surge in support from the Asia-Pacific (APAC) region, which has emerged as the leading investor….
Author: PPD Team Date: 21/01/2025 KP Energy Limited commissioned 6.3 MW of wind power capacity under Phase XI of the 250.8 MW ISTS Connected Wind Power Project on January 17, 2025. The capacity includes three 2.1 MW wind turbine generators (WTGs) at the Sidhpur site in Devbhoomi Dwarka, completing the entire project. The project involved the development of a 250.8 MW ISTS-connected wind power project under Tranche VIII by Solar Energy Corporation of India (SECI)…
Author: PPD Team Date: 21/03/2025 The joint venture of Hindustan Construction Company Limited and Tata Projects Limited has secured a Rs 24.7 billion contract from Tata Power Company Limited for the construction of the 1,000 MW Bhivpuri Pumped Hydro Storage Project in Maharashtra. The project will be developed at Karjat with a total estimated cost of Rs 56.66 billion, financed 75 per cent by debt and 25 per cent by equity. The project received environmental…
Author: PPD Team Date: 20/12/2024 GE Vernova T&D India Limited secured a contract worth over Rs 4,000 million from Sterlite Power Transmission Limited on December 19, 2024. The contract covers the supply and supervision of high voltage (HV) equipment. The project is expected to be completed by December 19, 2026, and is being implemented through the tariff-based competitive bidding (TBCB) process.