Author: PPD Team Date: 12/12/2024
Chenab Valley Power Projects Private Limited (CVPP) has initiated dam concrete works for the Kwar Hydro Electric Project.
The project, a run-of-river (RoR) scheme, is located across the Chenab River near Padyarna village in the Kishtwar district of Jammu.
The project, being developed at an estimated cost of Rs 49.49 billion, is a key part of the region’s renewable energy infrastructure development.
Author: PPD Team Date: 09/12/2024 Corio Generation, a London-based offshore wind developer backed by Macquarie Group, is planning staff reductions due to rising costs and pressures within the renewable energy sector. Since its founding in 2022, Corio has expanded with major projects in the UK, South Korea, and the US. However, increasing equipment and debt costs have led to project cancellations and workforce cuts across the offshore wind industry. Corio’s staff reductions will affect under…
Author: PPD Team Date: 26/11/2024 Adani Green Energy Limited (AGEL) has established a new wholly-owned subsidiary, Adani Hydro Energy Five Limited (AHE5L), through its subsidiary Adani Saur Urja (KA) Limited. Incorporated on November 26, 2024, AHE5L is registered in Ahmedabad, Gujarat, with an authorized and paid-up capital of Rs 100,000. AHE5L will generate, develop, transform, distribute, transmit, sell, and supply power through renewable energy sources, including wind and solar.
Author: PPD Team Date: 04/04/2025 REC Power Distribution Company Limited (REC PDCL) has set up two special purpose vehicles (SPVs) to develop upcoming transmission projects in Maharashtra. On March 28, 2025, Jejuri Hinjewadi Power Transmission Limited was incorporated. It will implement the Network Expansion scheme in Maharashtra for removal of Transmission constraints in Pune Region-I & providing supply to Data Centre Loads. The second SPV, Velgaon Power Transmission Limited, was incorporated on March 29, 2025….
Author: PPD Team Date: 11/12/2024 SSEN Transmission, a subsidiary of SSE, plans to invest at least £22 billion ($28 billion) in grid infrastructure between April 2026 and March 2031. The proposed investment aligns with the Revenue = Incentives + Innovation + Outputs (RIIO) framework established by energy regulator Ofgem. SSEN Transmission has submitted its business plan, emphasizing the need for an investable framework with appropriate financial returns to support the unprecedented scale of decarbonization efforts….
Author: PPD Team Date: 08/01/2025 The Competition Commission of India has approved Gentari Renewables India’s acquisition of 21 special purpose vehicles (SPVs) and holding companies engaged in solar and wind power generation and sales. Gentari Renewables India, a subsidiary of Petroliam Nasional Berhad (Petronas), is focused on providing clean energy solutions, including renewable energy, hydrogen, and green mobility. In December 2024, Gentari signed a power purchase agreement with AM Green Ammonia India to supply 650…
Author: PPD Team Date: 06/01/2025 Altra Xergi Power, a subsidiary of O2 Power, secured 200 MW in SECI’s auction for 8,000 MWh (2,000 MW x 4 hours) of peak renewable energy supply from ISTS-connected projects under tariff-based competitive bidding (FDRE-VI). The winning tariff was Rs 8.50 per kWh. The auction saw participation from ACME Solar Holdings and Avaada Energy, with the total capacity revised to 656 MW due to provisions allowing allocation of only 80%…
Author: PPD Team Date: 09/12/2024 Corio Generation, a London-based offshore wind developer backed by Macquarie Group, is planning staff reductions due to rising costs and pressures within the renewable energy sector. Since its founding in 2022, Corio has expanded with major projects in the UK, South Korea, and the US. However, increasing equipment and debt costs have led to project cancellations and workforce cuts across the offshore wind industry. Corio’s staff reductions will affect under…
Author: PPD Team Date: 26/11/2024 Adani Green Energy Limited (AGEL) has established a new wholly-owned subsidiary, Adani Hydro Energy Five Limited (AHE5L), through its subsidiary Adani Saur Urja (KA) Limited. Incorporated on November 26, 2024, AHE5L is registered in Ahmedabad, Gujarat, with an authorized and paid-up capital of Rs 100,000. AHE5L will generate, develop, transform, distribute, transmit, sell, and supply power through renewable energy sources, including wind and solar.
Author: PPD Team Date: 04/04/2025 REC Power Distribution Company Limited (REC PDCL) has set up two special purpose vehicles (SPVs) to develop upcoming transmission projects in Maharashtra. On March 28, 2025, Jejuri Hinjewadi Power Transmission Limited was incorporated. It will implement the Network Expansion scheme in Maharashtra for removal of Transmission constraints in Pune Region-I & providing supply to Data Centre Loads. The second SPV, Velgaon Power Transmission Limited, was incorporated on March 29, 2025….
Author: PPD Team Date: 11/12/2024 SSEN Transmission, a subsidiary of SSE, plans to invest at least £22 billion ($28 billion) in grid infrastructure between April 2026 and March 2031. The proposed investment aligns with the Revenue = Incentives + Innovation + Outputs (RIIO) framework established by energy regulator Ofgem. SSEN Transmission has submitted its business plan, emphasizing the need for an investable framework with appropriate financial returns to support the unprecedented scale of decarbonization efforts….
Author: PPD Team Date: 08/01/2025 The Competition Commission of India has approved Gentari Renewables India’s acquisition of 21 special purpose vehicles (SPVs) and holding companies engaged in solar and wind power generation and sales. Gentari Renewables India, a subsidiary of Petroliam Nasional Berhad (Petronas), is focused on providing clean energy solutions, including renewable energy, hydrogen, and green mobility. In December 2024, Gentari signed a power purchase agreement with AM Green Ammonia India to supply 650…
Author: PPD Team Date: 06/01/2025 Altra Xergi Power, a subsidiary of O2 Power, secured 200 MW in SECI’s auction for 8,000 MWh (2,000 MW x 4 hours) of peak renewable energy supply from ISTS-connected projects under tariff-based competitive bidding (FDRE-VI). The winning tariff was Rs 8.50 per kWh. The auction saw participation from ACME Solar Holdings and Avaada Energy, with the total capacity revised to 656 MW due to provisions allowing allocation of only 80%…
Author: PPD Team Date: 09/12/2024 Corio Generation, a London-based offshore wind developer backed by Macquarie Group, is planning staff reductions due to rising costs and pressures within the renewable energy sector. Since its founding in 2022, Corio has expanded with major projects in the UK, South Korea, and the US. However, increasing equipment and debt costs have led to project cancellations and workforce cuts across the offshore wind industry. Corio’s staff reductions will affect under…
Author: PPD Team Date: 26/11/2024 Adani Green Energy Limited (AGEL) has established a new wholly-owned subsidiary, Adani Hydro Energy Five Limited (AHE5L), through its subsidiary Adani Saur Urja (KA) Limited. Incorporated on November 26, 2024, AHE5L is registered in Ahmedabad, Gujarat, with an authorized and paid-up capital of Rs 100,000. AHE5L will generate, develop, transform, distribute, transmit, sell, and supply power through renewable energy sources, including wind and solar.