Author: PPD Team Date: 02/01/2025
CSE Development (India) Private Limited commissioned several solar photovoltaic (PV) projects within its 150 MWp solar park in Jalkot, Maharashtra, on December 30, 2024.
The energy generated will be supplied to clients across various sectors, including pharmaceuticals, automotive, construction, and chemicals, to support their manufacturing operations.
Author: PPD Team Date: 24/02/2025 The Ministry of Power has amended the tariff-based competitive bidding process for wind-solar hybrid projects to improve project execution and grid integration. Under the revised guidelines, procurers can specify designated interstate and intrastate transmission system substations where developers must connect their hybrid power projects. The provisions for change in law now align with the Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021, ensuring financial clarity for…
Author: PPD Team Date: 08/11/2024 ACME Solar Holdings and Hexa Climate Solutions have secured contracts for 400 MW and 300 MW firm and dispatchable renewable energy (FDRE) projects, respectively, as part of a 760 MW bid invited by NTPC. Industry sources report that ACME Solar won its capacity at a tariff of Rs 4.69 per unit, while Hexa Climate Solutions secured 300 MW through a reverse auction. Avaada Energy Pvt Ltd won the remaining capacity…
Author: PPD Team Date: 06/11/2024 Tata Power Company Limited posted a net profit of Rs 10.93 billion for the quarter ending September 2024, marking a 7.47 per cent rise from Rs 10.17 billion in the same period last year. The company’s total income grew by approximately 1.13 per cent to Rs 162.11 billion in Q2 FY2024, up from Rs 160.3 billion in the corresponding quarter of the previous year.
Author: PPD Team Date: 23/01/2025 Mitsubishi Power, part of Mitsubishi Heavy Industries, has completed the 1.4GW Hin Kong natural gas-fired gas turbine combined cycle (GTCC) power plant in Thailand. The plant, a joint venture between RATCH Group and Gulf Energy Development, features two advanced M701JAC gas turbines. The second turbine began commercial operations 100km west of Bangkok, following the first turbine’s operational start in March 2024. Mitsubishi Power will continue supporting the plant under a…
Author: PPD Team Date: 16/09/2024 EnBW is in discussions with its major shareholders about a potential capital increase of €3 billion to manage the rising costs of investing in Germany’s energy transition. The utility stated that the decision regarding a possible share issue will be made by shareholders at the annual general meeting. EnBW, primarily owned by the German state of Baden-Wuerttemberg and local municipalities, anticipates its investments in energy projects could rise to €50…
Author: PPD Team Date: 04/02/2025 Telangana has announced plans to invest in hydroelectric projects outside its state, starting with Himachal Pradesh, as part of its green energy push. Telangana’s Deputy Chief Minister and Energy Minister Mallu Bhatti Vikramarka, along with energy officials, held discussions with Himachal Pradesh CM Sukhvinder Singh Sukhu in Delhi regarding the state’s interest in hydro projects under the build, own, operate, and transfer (BOOT) model. Himachal Pradesh has invited proposals to…
Author: PPD Team Date: 24/02/2025 The Ministry of Power has amended the tariff-based competitive bidding process for wind-solar hybrid projects to improve project execution and grid integration. Under the revised guidelines, procurers can specify designated interstate and intrastate transmission system substations where developers must connect their hybrid power projects. The provisions for change in law now align with the Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021, ensuring financial clarity for…
Author: PPD Team Date: 08/11/2024 ACME Solar Holdings and Hexa Climate Solutions have secured contracts for 400 MW and 300 MW firm and dispatchable renewable energy (FDRE) projects, respectively, as part of a 760 MW bid invited by NTPC. Industry sources report that ACME Solar won its capacity at a tariff of Rs 4.69 per unit, while Hexa Climate Solutions secured 300 MW through a reverse auction. Avaada Energy Pvt Ltd won the remaining capacity…
Author: PPD Team Date: 06/11/2024 Tata Power Company Limited posted a net profit of Rs 10.93 billion for the quarter ending September 2024, marking a 7.47 per cent rise from Rs 10.17 billion in the same period last year. The company’s total income grew by approximately 1.13 per cent to Rs 162.11 billion in Q2 FY2024, up from Rs 160.3 billion in the corresponding quarter of the previous year.
Author: PPD Team Date: 23/01/2025 Mitsubishi Power, part of Mitsubishi Heavy Industries, has completed the 1.4GW Hin Kong natural gas-fired gas turbine combined cycle (GTCC) power plant in Thailand. The plant, a joint venture between RATCH Group and Gulf Energy Development, features two advanced M701JAC gas turbines. The second turbine began commercial operations 100km west of Bangkok, following the first turbine’s operational start in March 2024. Mitsubishi Power will continue supporting the plant under a…
Author: PPD Team Date: 16/09/2024 EnBW is in discussions with its major shareholders about a potential capital increase of €3 billion to manage the rising costs of investing in Germany’s energy transition. The utility stated that the decision regarding a possible share issue will be made by shareholders at the annual general meeting. EnBW, primarily owned by the German state of Baden-Wuerttemberg and local municipalities, anticipates its investments in energy projects could rise to €50…
Author: PPD Team Date: 04/02/2025 Telangana has announced plans to invest in hydroelectric projects outside its state, starting with Himachal Pradesh, as part of its green energy push. Telangana’s Deputy Chief Minister and Energy Minister Mallu Bhatti Vikramarka, along with energy officials, held discussions with Himachal Pradesh CM Sukhvinder Singh Sukhu in Delhi regarding the state’s interest in hydro projects under the build, own, operate, and transfer (BOOT) model. Himachal Pradesh has invited proposals to…
Author: PPD Team Date: 24/02/2025 The Ministry of Power has amended the tariff-based competitive bidding process for wind-solar hybrid projects to improve project execution and grid integration. Under the revised guidelines, procurers can specify designated interstate and intrastate transmission system substations where developers must connect their hybrid power projects. The provisions for change in law now align with the Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021, ensuring financial clarity for…
Author: PPD Team Date: 08/11/2024 ACME Solar Holdings and Hexa Climate Solutions have secured contracts for 400 MW and 300 MW firm and dispatchable renewable energy (FDRE) projects, respectively, as part of a 760 MW bid invited by NTPC. Industry sources report that ACME Solar won its capacity at a tariff of Rs 4.69 per unit, while Hexa Climate Solutions secured 300 MW through a reverse auction. Avaada Energy Pvt Ltd won the remaining capacity…