Author: PPD Team Date: 09/01/2025
CG Power and Industrial Solutions Limited has secured a Rs 583 million contract from Power Grid Corporation of India Limited (PGCIL).
The contract covers the supply of 400kV Shunt Reactors, including 2X125MVAR, 2X80MVAR, and 2X50MVAR reactors, under the Bulk Procurement of 765kV and 400kV class transformers and reactors.
Other bidders included Bharat Heavy Electricals Limited and GE T&D India Limited.
Author: PPD Team Date: 09/01/2025 Poland has approved up to 60.2bn zlotys ($14.7bn) in funding for its first nuclear power plant, pending European Union approval, reported Bloomberg. On 7 January 2025, the cabinet led by Donald Tusk adopted a draft bill enabling the state-owned utility PEJ to construct 3.75GW reactors along the Baltic coast. The plant is expected to be completed by 2036, replacing ageing coal-fired plants and ensuring a stable electricity supply while advancing…
Author: PPD Team Date: 05/03/2025 North Eastern Electric Power Corporation Limited (NEEPCO) has invited bids for the engineering, procurement, and construction (EPC) package for electromechanical (E&M) works at the 240 MW Heo Hydro Electric Project in Arunachal Pradesh. The bidding process, announced on February 27, 2025, will close on April 16, 2025. The project, located in Shi Yomi District, received approval from the Cabinet Committee on Economic Affairs in November 2024, with an investment of…
Author: PPD Team Date: 18/11/2024 REC Power Development and Consultancy Limited (REC-PDCL), a wholly owned subsidiary of REC Limited, has invited bids for the selection of a Transmission Service Provider (TSP) to develop intra-state transmission system for evacuation of 1230 MW power (MPPMCL portion) through STU network from proposed 2X800 MW Thermal Power Project of M/S Mahan Energen Ltd. (MEL). The project will be executed through a tariff-based competitive bidding (TBCB) process. The transmission scheme…
Author: PPD Team Date: 20/02/2025 ACWA Power has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 2 GW wind project in Egypt, with an estimated investment of USD 2.3 billion. The project is expected to reach financial close in 2026. The wind project will contribute to Egypt’s goal of increasing renewable energy’s share in its electricity generation mix to 42% by 2030. It is also projected to…
Author: PPD Team Date: 20/03/2025 On March 18, 2025, four firms secured bids to develop the 1,200 MW Inter State Transmission System (ISTS)-connected wind-solar hybrid project (NTPC-03) across India. NLC India Limited won the largest share, securing 450 MW at a tariff of Rs 3.35 per kWh. EG Solwin Renewables Private Limited (Enfinity Global) won 300 MW at the same tariff. Welspun New Energy Limited (Welspun Energy Limited) secured 250 MW, also at Rs 3.35…
Author: PPD Team Date: 18/10/2024 Plenitude, an Eni-controlled energy company, has commenced construction of a 220 MW solar plant in Villarino de los Aires, Salamanca, Spain. The facility, spanning 286 hectares, will be among the largest in the Castilla y Leon region and will connect to Spain’s national grid via a 3.2 km underground medium-voltage line. The plant will feature 365,300 bifacial modules and is expected to generate over 400 GWh of electricity annually, with…
Author: PPD Team Date: 09/01/2025 Poland has approved up to 60.2bn zlotys ($14.7bn) in funding for its first nuclear power plant, pending European Union approval, reported Bloomberg. On 7 January 2025, the cabinet led by Donald Tusk adopted a draft bill enabling the state-owned utility PEJ to construct 3.75GW reactors along the Baltic coast. The plant is expected to be completed by 2036, replacing ageing coal-fired plants and ensuring a stable electricity supply while advancing…
Author: PPD Team Date: 05/03/2025 North Eastern Electric Power Corporation Limited (NEEPCO) has invited bids for the engineering, procurement, and construction (EPC) package for electromechanical (E&M) works at the 240 MW Heo Hydro Electric Project in Arunachal Pradesh. The bidding process, announced on February 27, 2025, will close on April 16, 2025. The project, located in Shi Yomi District, received approval from the Cabinet Committee on Economic Affairs in November 2024, with an investment of…
Author: PPD Team Date: 18/11/2024 REC Power Development and Consultancy Limited (REC-PDCL), a wholly owned subsidiary of REC Limited, has invited bids for the selection of a Transmission Service Provider (TSP) to develop intra-state transmission system for evacuation of 1230 MW power (MPPMCL portion) through STU network from proposed 2X800 MW Thermal Power Project of M/S Mahan Energen Ltd. (MEL). The project will be executed through a tariff-based competitive bidding (TBCB) process. The transmission scheme…
Author: PPD Team Date: 20/02/2025 ACWA Power has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 2 GW wind project in Egypt, with an estimated investment of USD 2.3 billion. The project is expected to reach financial close in 2026. The wind project will contribute to Egypt’s goal of increasing renewable energy’s share in its electricity generation mix to 42% by 2030. It is also projected to…
Author: PPD Team Date: 20/03/2025 On March 18, 2025, four firms secured bids to develop the 1,200 MW Inter State Transmission System (ISTS)-connected wind-solar hybrid project (NTPC-03) across India. NLC India Limited won the largest share, securing 450 MW at a tariff of Rs 3.35 per kWh. EG Solwin Renewables Private Limited (Enfinity Global) won 300 MW at the same tariff. Welspun New Energy Limited (Welspun Energy Limited) secured 250 MW, also at Rs 3.35…
Author: PPD Team Date: 18/10/2024 Plenitude, an Eni-controlled energy company, has commenced construction of a 220 MW solar plant in Villarino de los Aires, Salamanca, Spain. The facility, spanning 286 hectares, will be among the largest in the Castilla y Leon region and will connect to Spain’s national grid via a 3.2 km underground medium-voltage line. The plant will feature 365,300 bifacial modules and is expected to generate over 400 GWh of electricity annually, with…
Author: PPD Team Date: 09/01/2025 Poland has approved up to 60.2bn zlotys ($14.7bn) in funding for its first nuclear power plant, pending European Union approval, reported Bloomberg. On 7 January 2025, the cabinet led by Donald Tusk adopted a draft bill enabling the state-owned utility PEJ to construct 3.75GW reactors along the Baltic coast. The plant is expected to be completed by 2036, replacing ageing coal-fired plants and ensuring a stable electricity supply while advancing…
Author: PPD Team Date: 05/03/2025 North Eastern Electric Power Corporation Limited (NEEPCO) has invited bids for the engineering, procurement, and construction (EPC) package for electromechanical (E&M) works at the 240 MW Heo Hydro Electric Project in Arunachal Pradesh. The bidding process, announced on February 27, 2025, will close on April 16, 2025. The project, located in Shi Yomi District, received approval from the Cabinet Committee on Economic Affairs in November 2024, with an investment of…