Author: PPD Team Date: January 9, 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: January 21, 2025 Vena Energy and LINE Yahoo Corporation (LYC) have signed a virtual power purchase agreement (VPPA) for the 72 MW Maniwa Solar Project, which will be built on a repurposed golf course in Maniwa City, Okayama Prefecture. The project is expected to be operational by 2026. The clean energy generated will be traded on the Japan Electric Power Exchange (JEPX) via Digital Grid Corporation, enabling LYC to power part…
Author: PPD Team Date: April 30, 2025 Kerala State Electricity Board (KSEB) is working to revive the long-stalled 163 MW Athirapally Hydro Electric Project in Thrissur district. The project, earlier held back due to environmental concerns, has now received environmental clearance. KSEB’s board of directors has approved a revised plan for the project. A viability study is currently underway to assess the implementation. The hydro project is located on the Chalakudy river basin and is…
Author: PPD Team Date: December 24, 2024 Lending to renewable energy (RE) projects in India surged by 63% in 2023, reaching Rs 302.55 billion, compared to the previous year, according to a report by the Centre for Financial Accountability. Solar energy accounted for 49% of the funding, with Rs 148.14 billion directed toward solar projects. Hybrid projects saw a 31% year-on-year increase, attracting Rs 137.73 billion. Only one loan was made for wind energy projects,…
Author: PPD Team Date: January 22, 2026 Noida is now home to India’s largest dedicated battery energy storage system (BESS) production plant, following the commissioning of GoodEnough Energy’s new 7 GWh capacity gigafactory. The facility represents a capital investment of more than Rs 450 crore and is immediately operational. This initial capacity is part of a broader growth plan, with the company targeting an expansion to over 25 GWh of annual production within a three-year…
Author: PPD Team Date: September 22, 2025 Avaada Group has commissioned 11 solar power projects in Maharashtra’s Yavatmal district under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0. The projects include a 4 MW plant at Kinhi, 3 MW each at Baldi and Dongarkharda, 2 MW each at Bansi and Patan, a 5 MW plant at Mhasola, 2 MW at Galwa, 4 MW each at Pathrad and Parjana, and 3 MW each at Sawargaon and…
Author: PPD Team Date: June 10, 2025 NHPC Limited began commercial operations of 53.57 MW on June 7, 2025, under its 1,000 MW grid-connected solar photovoltaic (PV) power project in Bikaner, Rajasthan. The commissioned capacity is part of a 300 MW plant being developed by Tata Power Solar Systems Limited at Karnisar-Bhatiyan in Bikaner. So far, 160.71 MW of capacity has been commissioned. Under the scheme, usage charges are capped at Rs 2.45 per kWh,…